The Best Practices Enterprise: A Guide to Achieving Sustainable World-Class Performance

Clearly, Your Company, Inc. has become a world leader in its markets by anticipating the future and preparing itself to flourish there. The company has never been better positioned to weather demand swings, market fluctuations, and economic downturns wherever and however they arise. It is a force to be reckoned with.
Although today s global business environment is fraught with unprecedented challenges, it provides organizations with one tremendous opportunity the opportunity to reinvent. With a new business epoch upon us, existing organizational models, operating policies, workflows, trading practices, reporting structures, and even the goods and services offered should all be rethought and redefined.
By considering the best practices presented in this book, organizations can choose to exploit the opportunity to change and drive their enterprises to unparalleled success. Those that choose not to reinvent themselves will fall behind.
Let us examine how businesses can begin to position themselves for the continual transformation that is required today. It all starts with the fashioning and expression of a new strategic agenda one that is both stirring and bold.
What follows is a set of Best Practices Business Principles. They frame the new agenda. Indeed, they encompass it. If adopted, these business principles will guide direction and encourage the behaviors that are needed to deliver unmatched performance. As suggested by Figure 2.1, they form the foundation for the best practices that will be discussed throughout the remainder of the book.