Data Envelopment Analysis (DEA) is an innovative method that is particularly suitable for measuring performances of organizations... DEA has also been acclaimed as a leadingedge method that supports benchmarking, continuous improvement and strategic analysis.
DEA has been found to be suitable in solving the following three basic performance questions that any organisation is faced
with:
How well are we doing relative to the others doing the same things as we
do?
What do we need to improve?
Who are the best- in-class performers for benchmarking
purposes?
By definition, a “benchmark” is a standard, against which other similar things must be measured and/or judged i.e., something that is worth striving for – once it is
known.
DEA is useful: it helps you establish a benchmark, measures your performance against this benchmark and even supplies you with information on how to best strive to reach this benchmark.
DEA is a benchmarking methodology and any participant in a benchmarking exercise needs to exploit the benefits of DEA
Methods
of DEA Analysis
KonSi Data Envelopment Analysis for Benchmarking
allows
you to use following methods and terms of Data Envelopment Analysis