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The Myth of best practices
Author(s) -
Sanwal Anand
Publication year - 2008
Publication title -
journal of corporate accounting and finance
Language(s) - English
Resource type - Journals
eISSN - 1097-0053
pISSN - 1044-8136
DOI - 10.1002/jcaf.20417
Subject(s) - mythology , business , best practice , management , public relations , key (lock) , world class , marketing , political science , economics , engineering , history , computer science , industrial engineering , computer security , classics
Abstract Does your company aspire to be its industry leader? The author hopes so, because to be world class, a company must be a leader. However, many companies still seem content to follow the lead of others when it comes to making key organizational decisions. And one of the most damaging follower afflictions, the author argues, is a disease he calls “best practicism.” Does your company suffer from this malady? Why is it so bad—and what can you do about it? © 2008 Wiley Periodicals, Inc.