Globalization and the resulting intense competition has forced the organizations to continually seek efficient ways to improve. They plan and undertake various initiatives to accomplish this. A potent method to drive revolutionary improvement in productivity and enhance the enterprise’s ability to become a "Learning Organization" is to implement a Best Practices Transfer program.

A Learning Organization is the enterprise skilled at creating, acquiring, interpreting, retaining, and transferring knowledge, and at purposefully modifying its behavior based on new knowledge and insights. Learning Organizations first look inward to identify, acquire, and propagate superior knowledge--Best Practices Transfer in the form of an efficient process, operation, or strategy running successfully in other business units--within the organization.

This framework provides a detailed account of the 5 principles that are critical in the propagation of Best Practices to other units across the organization, in order to attain its goal of becoming a Learning Organization:

1. Formulate the business case
2. Adapt the practice according to local conditions
3. Identify all the "invisibles"
4. Reinforce collaboration
5. Manage data storage and retrieval

Sharing Best Practices can be an important lever of success for an organization and foundation to Continuous Improvement.

Other topics discussed in the presentation include what makes an organization a Learning Organization, Best Practices Thinking, the potential value that a Best Practices Transfer program generates across the value chain, the barriers in propagating Best Practices, and the approach to effectively transfer and implement Best Practices.

The slide deck also includes some slide templates for you to use in your own business presentations.

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