Application of Benchmarking
Practices, Opportunities, and Future Prospects
As Saudi Arabia transitions towards a knowledge-based economy, benchmarking emerges as a linchpin in this transformative
journey. Benchmarking provides a platform for organizations to learn from the successes and failures of others, thus crafting a roadmap towards constant improvement and excellence.
This strategic tool has found profound applications across varied sectors, fostering a culture of knowledge sharing and progress. It not only drives breakthroughs but also encourages continual evolution. As the economic landscape of Saudi Arabia undergoes dynamic changes, the role of practical and efficient benchmarking will continue to gain prominence, shaping the nation’s future.
Application of Benchmarking is saudi arabia
Efficiency Evaluation of Public Hospitals in Saudi Arabia
This study used data analysis to assess the performance of public hospitals in Saudi Arabia. The study found that 75.8% (69 of 91) of public hospitals were technically inefficient, with an average efficiency score of 0.76. This indicates that hospitals could have reduced their inputs by 24% without reducing health service provision.