Benchmarking is a widespread practice in all industries today. Higher education is no exception. One need only look at annual rankings in U.S. News and World Report to appreciate power of benchmarking in a market-driven society that is seeking the best value in education. To the public, and even to leaders in higher education, measures such as these amount to an externally imposed evaluation. The impact of benchmarking on an institution can be significant. But is it worth it? Chief Financial Officers from the New England area offer their views.
New England Resource Center for Higher Education, University of Massachusetts Boston, "Brief 2: Benchmarking from the Perspective of Chief Financial Officers" (2000). New England Resource Center for Higher Education Publications. 26.