18 Business Leadership BEST PRACTICES 41 implementation tips

In this article you will learn the following

-18 types of Business Leadership BEST PRACTICES each leader MUST APPLY - immutable practices that you cannot ignore

-41 ways to create and IMPLEMENT BEST PRACTICES

-22 validated tools, methods and techniques - Identify what all you can to implement in your life by customizing to suit your specific situation

Best practices are ways of doing things that produces consistent superior results - in every aspect of your personal, professional, business, social, wealth, health to name a few.

Best practices are dynamic in nature - that is - they get outdated by emerging innovative application of superior process, methods and ways of doing things.

18 types of Business Leadership BEST PRACTICES each leader MUST APPLY - immutable practices that you cannot ignore

• 1.Best PERSONAL leadership practices
• 2.Best business leadership PRACTICES
• 3.Best business practices - marketing/ customer/employee/product-services
• 4.Best team leadership practices
• 5.Best junior/peer/senior practices
• 6.Best RELATIONSHIP practices - as a son/daughter, mother/father, wife/husband
• 7.Best professional practices
• 8.Best health practices -physical/mental/ emotional
• 9.Best self-care practices
• 10.Best meditation/relaxing/exercising practices
• 11.Best role-model practices
• 12.Best visionary practices
• 13.Best learning practices
• 14.Best wealth-creation PRACTICES - financial revenue-generation/expenses/ savings/investment/insurance/asset enhancement
• 15.Best sleep practices
• 16.Best joy/happiness/bliss practices
• 17.Best ethical practices
• 18.Best growth and CONTINUOUS improvement practices - for self/ love-ones/others

41 ways to create and IMPLEMENT BEST PRACTICES

• 1.Dedicate every person including yourself - in keeping updated on what is happening in the global Best organization - without attaching yourself with your specific industry only
• 2.Understand why these organizations have become global Best
• 3.Many of Best practices that completely different businesses are using can be customized to create massively awesome impact and results
• 4.Identify the Best practices in HR, Innovation, Market Growth-Attraction-Retention, Customer Growth-Attraction-Retention, Talent Growth-Attraction-Retention
• 5.Create regular sessions on weekly basis on focused group brain storming - to list and find ways on how to use and implement what has been learned - involve every level
• 6.Study competitors and their Best practices
• 7.Create action-learning-projects and Make this as an essential KRA of each person - you can use the concept of GEMBA-walk - to identify the problems and issues, risk-areas, opportunities-areas, trend-areas, improvement areas, danger-accident areas, wastages and so on as per the role of each person in his/her area of operations
• 8.Make each of the employees read one book/magazines and present it in fortnightly book sharing sessions in the areas of business, management, and technology
• 9.Send them for different exposure through training and courses
• 10.Create cross-functional expertise by rotating employees
• 11.Create simple process to capture, discuss, implement and reward new ideas of improvements
• 12.Attend professional business/industry association/forum meetings - participate and present your case-studies
• 13.Benchmark Best practices - identify gaps between what you do and the benchmark
• 14.Go for SaaS (Software as a Service) solutions
• 15.Seek and implement Best practices in sales, accounting and other areas
• 16.Go for Objective/Goal focused and timed BRAINSTORMing sessions for BEST PRACTICES include diversified background people and make each group limited under 10
• 17.Use appreciative Inquiry method of large scale brainstorming
• 18.Involve every one in decision making and problem solving
• 19.Use the MECE principal to record each new idea - irrespective of how ridiculous it might look
• 20.Then use 6 thinking-hat method to go through each worthwhile and promising idea - to identify the Best ones
• 21.Get in touch with your customer in deep meaningful ways - understand THE VOICE-feel-need-desire-dreams OF your CUSTOMER- involve both end customers [who purchase and use your products and services] as well as your internal stakeholders
• 22.Use interviews, surveys, Observation of how they use, big-data analysis - use Net Promoter Scores (NPS)
• 23.Crowd source your problems
• 24.Articulating the Business Case to make the value proposition attractive your clients locally as well as globally
• 25.Clarify the real essence of the practice- Make the description of the practice robust include a brief definition of the practice, purpose of the practice; conditions where it applies, key guiding principles and procedure
• 26.Store and Retrieve Knowledge -Adapt the practice to fit local conditions
• 27.Make Training and constant updating of skill a very High and critical Priority
• 28.Use Work Study techniques like method study and work measurement and Industrial Engineering
• 29.Design and Implement a -Think Global, Act Local Strategy
• 30.Think Global, Act Local Examples - McDonald's/Burger King/KFC/Sub-way/CocaCola-Pepsi/Starbucks/Nike/Netflix/ Amazon etc.
• 31.Know your Customer - different region-wise - learn What language do they speak, their cultural-sensitivities, their lifestyle, work practices and leisure activities, their local customs and traditions along with what taboos, inappropriate symbols, imagery, and language should be avoided etc.
• 32.Create the Best Team
• 33.Develop an objective picture your competitors' market, product, promotional strategy
• 34.Balance local and global aspects of the company
• 35.Continuously communicate - communicate communicate - through face to face, 1 on 1, in group meeting, through video call, emails and phone
• 36.Align your entire global organization through a common purpose-objectives-core values - your own proprietary world-class knowledge, and core-competencies that distinguish your company from all others
• 37.Learn and Address Local Differences And Sensitivities
• 38.Clearly define your strategy — and check the boxes
• 39.Understand and connect with the local influencers -Never underestimate the power of relationship building
• 40.Global outlook, local needs - get that enterprise mindset - take advantage of globalization by creating simplified portfolio -Localization is catering and designing your offers to specific cultures, location and audience and globalization is to have this practice tailor-made for each geographic location you move into
• 41.22 validated tools, methods and techniques - Identify what all you can to implement in your life by customizing to suit your specific situation
• I.6 Sigma
• II.Right 1st Time
• III.JIT
• IV.Lean Manufacturing concepts and principle
• V.Mckinsey way
• VI.Toyota way
• VII.TQM
• VIII.TPM
• IX.ISO
• X.Automation and Robotics
• XI.GEMBA-walk, POKE-YOKE
• XII.Zero defects
• XIII.Principals of World-class manufacturing process
• XIV.Principals of GMP
• XV.Global Trade Compliance and Environmental Standards
• XVI.Operational Restart Checklist
• XVII.Manufacturing Operations Management
• XVIII.Demand planning - to forecast future market size as well as individual share
• XIX.Operational cash planning
• XX.Critical KPI planning
• XXI.Product obsolesce planning
• XXII.New product-services planning