The Economics of Benchmarking

'Many people in business talk about benchmarking. This book provides techniques that actually enable you to do it'. - John Kay, author of The Truth about Markets 'This elegant book shows how to measure the relative operational efficiency of enterprises. It provides both theoretical guidance and practical examples of techniques that can help identify underperforming and overperforming groups in your organization. Anyone interested in performance evaluation will want to read this book.' - Hal Varian, Professor of Economics, Business and Information, University of California at Berkeley, USA "This is a smart and delightful way of showing the theoretical underpinning of data envelopment analysis. Experts in linear programming and aficionados of Data Envelopment Analysis as well as the brightest of students will love this short book for the elegance and purity of its reasoning.' - Tom Weyman-Jones, Loughborough University

For businesses seeking to gain the edge over their competitors, benchmarking is an increasingly popular tool used to compare operations and performance. ten Raa elegantly presents the techniques and theory to explain how performance indices and rankings are developed and how they can be used to improve efficiency, productivity and profitability.For businesses seeking to gain the edge over their competitors, benchmarking is an increasingly popular tool used to compare operations and performance. ten Raa elegantly presents the techniques and theory to explain how performance indices and rankings are developed and how they can be used to improve efficiency, productivity and profitability.