
Mondays with Rick: Benchmarking: A key to economic development success
I am a huge fan of benchmarking as a tool for evaluating both progress and success. However, benchmarking is also a great tool for identifying ideas for improvement. My experience with benchmarking has typically come from evaluating and improving business products and processes. In this column, I would like to share with you what benchmarking is, the different types of benchmarking and my past experience of helping to apply benchmarking to an area’s economic development, and how we might apply it in a similar way here in the Augusta area.








