Best practice is a practical approach to improving the competitiveness of an organisation. It provides the manager with a set of tools and techniques to identify where improvements are necessary and how to take action to achieve them. Best practice is closely related to quality management and to the business excellence frameworks that have been developed in various countries; but it has significant differences from them. Quality management focuses on meeting customer needs and on creating products and services that satisfy and delight the customer, including product strategy and design. The business excellence frameworks focus on business results and include strategic concerns. Best practice aims to improve what is already being done, but has a broader scope in that it covers activities and processes that affect all stakeholders, including employees and suppliers.
After studying this unit you should be able to:
Martin Kunst
MBA, BBus & Economics
Martin is presently studying his Doctor of Business Administration (DBA) at Southern Cross University. A native of Germany, he has held various positions in marketing, consulting and accounting in some of Germany's largest corporations. He was also the Chief Financial Officer of a student-run stock association during his time at university and was a student employee at Haldex Brakesystems. As well as German and English, he speaks French and Spanish.
Neil Hardie
PhD M.Sc(Econ) M.Sc (Eng) A.C.G.I., Th.C.
Neil Hardie managed technical departments in multinational electronics companies for 20 years and was responsible in many of these organisations for establishing quality systems and best practice initiatives. His PhD. in quality management led to a book on quality management and several papers in leading journals. He has taught MBA programs in various universities in Australia, and also in Malaysia and Pakistan. His research interests include knowledge management and management of non-profit organisations.