Back to glossaryDefinition

What is Benchmarking?

Comparing organizational performance against industry peers or best practices.

Benchmarking is the practice of comparing an organization's processes, metrics, and maturity levels against industry peers, competitors, or recognized best practices. In transformation contexts, benchmarking provides objective context for maturity assessment results — knowing that you're at Level 2 is more meaningful when you know the industry average is Level 3. Fygurs provides built-in industry benchmarks to help organizations understand how they compare.

Put this into practice

Assess your maturity, discover initiatives, and build your transformation roadmap.

Start free assessment