Best Practises Management: A Crown Jewel In The Company's Assets

By Author: Vijay K Shetty
Total Articles: 129
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Benchmarking is very popular today -- but companies benchmark the wrong thing. They benchmark what other companies do, when they should be benchmarking how those companies think.

Every company claims to be following best practices. So what is a best practice? It is a technique, method, process, activity, incentive, or reward which is regarded as more effective at delivering a particular outcome than any other technique, method, process, etc. when applied to a particular condition or circumstance.

The purpose of this is that desires outcomes can be delivered with fewer problems with the help of proper processes, checks, testing and systems in place. Best practices result in accomplishing a task in the most efficient and effective manner, which is derived by repeated testing and finding results over a period of time on a large sample size.

Best practices are not the same for every situation of company; they have to be modified as the circumstance maybe and as the situation demands. Based on the kind of problem and the factors affecting it, the company's actions should be so modified to make them best practices.

This ...
... term usually is mis-used in the context of meaning the same as rules. They usually make it sound as if best practices refer to rules followed by a company.

The term best practices has implications of finality, obedience, authority, and universality. It implies that somewhere there is the final answer to any problem which is in dispute or discussion. This term "better practices" seems to seek better ways, which may even lead to tweaking the suggested practice to make it even better.

It suggests that all of us together can come up with something better than any one of us can arrive at individually. The term may imply that the better practice is not universal, but depends on the specific situation.

The challenge lies in being able to manage and sustain these best practices. There is a need to constantly evolve these best practices with respect to changing times, technology, situation, problems and opportunities, and to be able to strive to reach great heights of making a mark in the industry.
Best practices which are well recognised and have proved fruitful and emerged successful in every situation, have been used as guidelines and a base for problem-solving in similar situations faced by other companies. This is thus a matter of pride and an encouragement for such companies to continue to maintain that position and image in the eyes of other participants in the industry.

Vijay K Shetty, Ezine Artices Expert Author.For more information: Best Practice Management


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