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Fill in the blank: _______ is a method examining and evaluating how a process works currently in order to get where you want to be in the future.

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The term that fills in the blank is "Benchmarking."

Benchmarking is a systematic process used by organizations to measure their performance against best practices from other organizations, typically industry leaders. This method involves assessing current operational processes to identify areas for improvement, setting performance standards, and then strategizing on how to advance towards these standards. It often includes collecting data on process efficiency, customer satisfaction, and quality of output, which serve as reference points for comparison. By systematically evaluating how a process currently operates, businesses can cultivate strategies that align with future objectives and goals, enabling informed decision-making that promotes growth and efficiency. Ultimately, benchmarking helps organizations not only recognize their current position but also map out a path for sustainable improvement and success in their desired direction.

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