Best Practice (D)

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Definition

Best practices are the best way to do a process. They are techniques and innovative methods to improve performance of a process as regards quality, time and cost.

Best practices were developed by organizations which demonstrated in facts that their practices generated satisfied customers, competitive advantages and exceptional results in finance, product quality, human resources, information technology, etc.

When we speak about best practices, you should not limit itself to a given sector (example: production) but rather to cover all strategic sectors (performance factors) of the company.

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