DEVELOPMENT OF FRAMEWORK FOR ACHIEVING SUSTAINABILITY THROUGH BENCHMARKING
Keywords:
Benchmarking, best practices identification, best practices comparison, sustainability performance, best practice implementationAbstract
Past literature has reported inconsistencies in the results concerning sustainability through the implementation of benchmarking. Hence this study has led to more research on the impact of other intervening variables that give explanation better on the correlation between the relations. Some theories in the previous studies have opined that correlations between capabilities, strategies and resources are the key factors for organizational sustainability. This study therefore aimed to evaluate benchmarking dimensions as factors of quality practices while aiming at sustainability performance (SP). In this study, the dimensions of benchmarking that are considered are best practices identification (BPI), best practices comparison (BPC) and best practices implementation and improvements (BPII). In order to achieve this objective, theories like institutional and contingency are integrated to uncover the effects of benchmarking on the successful implementation of strategies. Survey questionnaires were administered to the top management of food and beverage companies while the analysis technique employed is SPSSV23.
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