Best Practices


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Best Practices

The most effective and/or most ethical actions a professional, company or industry can take. For example, a company may be engaging in best practices when it makes an extra effort to establish an ongoing relationship with customers to encourage repeat business. Many professional organizations exist to promote best practices in their respective industries.
References in periodicals archive ?
Table B: Examples of Best Practices in Logistics Procurement
Best Practices in Corporate Communication projects that only 60 percent of the U.
Standards and best practices are also characterized by whether compliance is mandatory or voluntary, monitored by any independent audit or review bodies, and whether any business benefits result from compliance (or, conversely, whether there are adverse consequences for noncompliance).
Looked at in yet another way, Stanford faculty member turned researcher-consultant-author Jim Collins applies an analogy of science to best practices by making a clean distinction between the realm of physics and engineering.

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