When it comes to team building, there are various types of benchmarking methods to choose from, depending on your purpose, scope, and resources. Internal benchmarking compares your team with other teams within your organization that have similar functions, processes, or goals. External benchmarking looks at other teams outside your organization that are considered leaders or best practices in your industry, sector, or field. Competitive benchmarking looks at how your team compares to direct competitors or rivals in terms of market share, customer satisfaction, or quality. Functional benchmarking looks at other teams that perform similar or related functions but in different industries, sectors, or fields. Finally, generic benchmarking compares your team with other teams that have achieved excellence or innovation in any area regardless of their function, industry, sector, or field. When selecting a benchmarking method for your team's needs and objectives, you should also consider the availability and reliability of the data, the cost and time involved, as well as the potential benefits and risks of the comparison.