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Article: Learning 'Best Practices' Is Not Just A Best Practice In And Of Itself.
- Article from:
- Banking Wire
- Article date:
- August 22, 2007
- Author:
CopyrightCOPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The concept of "best practices" is routinely used when discussing benchmarking operational approaches. Establishing benchmark best practices are reliable methods that over time prove to have desirable outcomes.
They result from experiences and are copied throughout the organization, helping create the "ethos" or characteristic habits of the organization.
Once these practices are institutionalized, management is rewarded. However, best practices only ensure success when leadership is held accountable. A participative democratic style of leadership certainly aids in accountability as opposed to an authoritarian style.
Again, it must be stressed: ...