General Studies · Organizational Development and Benchmarking
Which of the following statements accurately characterizes the organizational development tool of Benchmarking?
- 1It involves the comprehensive analysis of internal and external factors to identify an organization's strengths, weaknesses, opportunities, and threats.
- 2It involves promoting employee well-being and satisfaction by introducing flexible work arrangements, wellness programs, or policies that support a healthy work-life balance.
- 3It involves providing individualized support and guidance through specialized programs to help employees set goals and navigate their specific professional career paths.
- 4It involves conducting comparative studies of organizational performance and internal processes against industry best practices to identify areas for learning and adoption of proven strategies.✓
Correct answer
It involves conducting comparative studies of organizational performance and internal processes against industry best practices to identify areas for learning and adoption of proven strategies.
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