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The Myth of Best Practices

Author

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  • Sanwal, Anand

Abstract

Although people and organizations know that world-class followership is not a means to achieving glory, surprisingly, many organizations and managers seem content to follow the lead of others when it comes to making key organizational decisions. One of the most pervasive and damaging follower afflictions which has increasingly infested corporate psychology and behavior is a disease known as Best Practicism.

Suggested Citation

  • Sanwal, Anand, 2008. "The Myth of Best Practices," MPRA Paper 8973, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:8973
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    File URL: https://mpra.ub.uni-muenchen.de/8973/1/MPRA_paper_8973.pdf
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    More about this item

    Keywords

    best practices; corporate performance;

    JEL classification:

    • D23 - Microeconomics - - Production and Organizations - - - Organizational Behavior; Transaction Costs; Property Rights
    • A1 - General Economics and Teaching - - General Economics

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