Turning the calendar to January everyone talks about what’s new, what will I do that’s new, making New Year resolutions. Let’s talk about something that’s tried and true: your company’s best practices. Investopedia.com defines best practices as: a set of guidelines, ethics or ideas that represent the most efficient or prudent course of action.
Large companies typically have best practices compiled and monitored by a lead management team; non-profit organizations may have best practices directed by their governing body or licensed professionals may have best practice edicts from their supervising authority. The methods or ideas may come from front line employees or higher headquarters and once determined to be a proven process, become standard. If you are a small business owner, you will need to assess your own system of work to determine the best practice or approach, establish them as a policy and/or procedure.
Recap: Best practices help business run smoothly and optimally. Best practices ensure efficiency, cost-effectiveness, quality. Best practices will reflect your company’s mission, vision and operation. Best practices ring true. (Quote: Proverb)