Organization management should review and update the best practices vs. next practices periodically, to reflect the change in the business ecosystem timely and build business competency.
In the same circumstances, whatever the activity, there is one best way of performing it; one way that uses the least resources takes the least time and still meets quality standards; that is the best practice. Every organization should strive to explore the "best practices," continue to develop the next practices institutionalized across the organization aspirationally for achieving high performance.
Organizations should strive for using good practice, good enough for a certain organization and for the specific situation: Not every company uses every industry best practice. The real challenge is to understand where and how you can use the best practices to improve business efficiency; also how businesses can sense the differences, diagnose their own set of issues which can be improved to get the biggest effect.
The point is that the organizations need to spend time on optimizing processes, technology, and improving business engagement and coherence. Not every authority agrees on every best practice. Some "next practices" continue to emerge, for producing award-winning high performance, benefiting the widest possible audience within the organizational ecosystem.
If the context is different, it is worth understanding how that difference could impact the so-called best practice: Generally speaking, all best practices were industry specific and evidence-based, meaning they were based on qualified information. And practice is always a combination of people and how they are used to doing things. Either the best or next practice is information based and context related. The business context reflects complexity and organizational knowledge in it, each of these contexts requires intelligence into business management.
Business contextualism leads us a few steps closer to insight by opening our mind, broadening perspectives, and deepening understanding. So business managers can develop the next practices through learning from previous experience and best practices. The point is how to transfer it into the current context, and understand how the difference could impact such best practices.
It is always critical to develop the next practices for generating new ideas and increase business management maturity: Organizations strive to adopt the "best practices" for innovation throughout their organization. But without exploring the next practices for riding change curves, the outdated practices could stifle innovation, work against creating competitive advantage and create the illusion of continuous improvement.
So organizations need to constantly develop the next practices, break down the “we always do things like that,” mentality, and overcome numerous obstacles to progressive changes. It is certainly critical to put a stronger emphasis on empowering people, developing and adopting the right set of best practices, exploring the source of knowledge, fostering innovations, and improving business agility.
The best practice is more about setting principles and standards for driving change and paradigm shift. Next practice is a recommended way of doing things. So business management should review and update the best practices vs. next practices periodically, to reflect the change in the business ecosystem timely and build business competency.
Organizations should strive for using good practice, good enough for a certain organization and for the specific situation: Not every company uses every industry best practice. The real challenge is to understand where and how you can use the best practices to improve business efficiency; also how businesses can sense the differences, diagnose their own set of issues which can be improved to get the biggest effect.
The point is that the organizations need to spend time on optimizing processes, technology, and improving business engagement and coherence. Not every authority agrees on every best practice. Some "next practices" continue to emerge, for producing award-winning high performance, benefiting the widest possible audience within the organizational ecosystem.
If the context is different, it is worth understanding how that difference could impact the so-called best practice: Generally speaking, all best practices were industry specific and evidence-based, meaning they were based on qualified information. And practice is always a combination of people and how they are used to doing things. Either the best or next practice is information based and context related. The business context reflects complexity and organizational knowledge in it, each of these contexts requires intelligence into business management.
Business contextualism leads us a few steps closer to insight by opening our mind, broadening perspectives, and deepening understanding. So business managers can develop the next practices through learning from previous experience and best practices. The point is how to transfer it into the current context, and understand how the difference could impact such best practices.
It is always critical to develop the next practices for generating new ideas and increase business management maturity: Organizations strive to adopt the "best practices" for innovation throughout their organization. But without exploring the next practices for riding change curves, the outdated practices could stifle innovation, work against creating competitive advantage and create the illusion of continuous improvement.
So organizations need to constantly develop the next practices, break down the “we always do things like that,” mentality, and overcome numerous obstacles to progressive changes. It is certainly critical to put a stronger emphasis on empowering people, developing and adopting the right set of best practices, exploring the source of knowledge, fostering innovations, and improving business agility.
The best practice is more about setting principles and standards for driving change and paradigm shift. Next practice is a recommended way of doing things. So business management should review and update the best practices vs. next practices periodically, to reflect the change in the business ecosystem timely and build business competency.
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