Tips On What To Do With Best Business Practices
Most business
owners look for best practices in a variety of topics to help them create a
good business and to enhance their business practices. But, after weeding
through all of the best practices, what should a business owner really look
for, take as good advice, and what should he or she do with all of the
information?
Best practices come
from what a business has tried and found to be successful, but the idea or
solution won't work in every situation or with every business. Be on the
lookout for best practices that come from companies that are 1) in your
industry and 2) are like the type of company that you want your company to be
like.
You may be looking
for specific advice to tackle a specific issue in your business, but don't
overlook the litany of other information that is out there. You may be having
an issue in your company that you don't even know about, or maybe you
accidentally come across a great idea that you believe could work for your
business. Reading (with an open mind) can help you find information you didn't
know you needed or wanted.
While there is a lot of
advice, information, and best practices out there, be sure you do your own
research on the topic as well. For example, of someone recommends a specific
program to help solve a specific need, research:
1. The company offering
the advice - did it really solve the issue(s) they say it did?
2. The company
offering the service - what is their track record, what are the costs, etc.?
3. Competing
businesses / competing quotes - check to see if the recommended company is
in-line with the competition with software, pricing, terms, etc.
When looking at
best practices, depending on the type of best practices you are seeking, look
at the culture of the company you are taking this advice from. Do they have a
similar culture to your company? Do they have the type of culture that you want
your company to have?
Since best
practices are things that companies have tried that they have found to be
successful, look at the information and advice as just that - advice and
information. When you find something that you believe should be implemented in
your company, take a good look at how, when, where, and why it should be
implemented. Then, look at how you can adapt the information or advice to your
business - tailor the approach to suite your needs, your company's needs, and
to be the most effective based on your business and culture. You know your
employees best - adapt the strategy in a way that will be most appealing and
effective to them.
When you have found
something that works for you, please do share! Share within your organization,
within your industry, to friends and family, and acquaintances. Your best
practice may just spark an idea for someone else and may help them become
successful, too.
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