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Benchmarking in European Higher Education is an initiative funded by the European Commission to improve the use of benchmarking in higher education. It is designed to help modernise higher education management and to promote the attractiveness of European Higher Education. Benchmarking is a powerful tool to support higher education institutions (HEIs) and policy makers to better realise the Lisbon goals and the Bologna Process. It is a modern management tool to progress with institutional reforms, increased operational efficiency and the capacity for innovative changes in order to adapt to the new challenges in their environment.