Answer to Question #256457 in Psychology for Tshepiso Balondi

Question

Explain any three benefits of benchmarking of a school (6 marks)

Answer 1

Benchmarking a school's performance against another school or institution allows the school to get a sense of where it is doing good or bad compared to others. There are various reasons why schools should benchmark;

1. Helps to measure against and compare with other institutions or organizations, and assess the reasons for any differences.
2. Helps to better understand the process which support strategy formulation and implementation in increasingly competitive environments.
3. Benchmarking also encourages the discovery of new ideas through strategic look.