Best Practices Essay Example | Topics and Well Written Essays - 2000 words

Best Practices - Essay Example Moreover, as we all know that without contraries there is no progression. Thus, the notion of best practice becomes a deterrent for a progressive state and its citizens or employees. Thus programs, initiatives or activities which are considered leading edge, or exceptional models for others to follow, for achieving a minimum standard that are that are successful and sustainable in social and environmental terms and can be readily adopted by other individuals or organizations. Hence, it has basic links to Taylorism1, waste management, minimizing inefficiency and ultimately increasing labour output thus maximizing revenue. Another general aspect is about synthesizing an Organization's broad range of experience from programme, projects, and makes it widely available to all, from policy-makers to practitioners. Thus, "best practice" may be defined as a superior method or innovative practice that contributes to the improved performance of an organization, usually recognized as "best" by other peer organizations. However, in establishing something as a best practice, it raises serious issues about how we determine what is a best practice to begin with. Again, in understanding best practices in relation to Production and Operations Management industries one must first understand their core values with analogies. The assumptions about Production and Operations Management must be elaborated, first, to support or defy its stereotypical paradigms, by which they are established in the world of economics and corporate jargon. Production implies goods or services that must satisfy the human needs or requirement and by transforming resources to outputs in the form of goods or services by the means of physical resources or physically driven resources. But production management has intrinsic involvement with the value added processes by the productive use of resources. And management processes in case of high productivity always seeks to eliminate waste, use improved technology, better production and operations design, involve better leadership management, produce better quality of goods, reduce material input, improved utilization of resources, strategic reduction in working capital requirements, reduction in inventory size, and improvement in manpower skills through training to say the least. Thus, two main objectives of product and operations management involves are product selection and understanding the product life cycle within the organized unitary body of interacting components that are inter-dependen t and part of the suprasystem. This leads to process planning that assesses productibility. Nevertheless, management regarding best practices tends to value standardization against specialization. However, does true standardization restrict production Best practices are not always effective in every domain they are implemented. A related concern is that when network managers realize that multiple standards may be required to achieve their goals, they may become overwhelmed trying to discern the differences among popular frameworks and thus not effectively be able to implement best practices customized for their singular organization. Identification and implementation