From the course: Counterintuitive Leadership Strategies for a VUCA (Volatile, Uncertain, Complex, Ambiguous) Environment

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The chains of best practices

The chains of best practices

- Ask any company strategist, and they will proudly tell you that they adhere to industry best practices, and their companies have likely shelled out big bucks for benchmarking studies, research to ensure their practices are fully aligned with those that are widely accepted. They are doing things considered to be the correct way to get optimal results. But what if this tradition for following the standard is now losing its impact? Today's most successful leaders are deconstructing the concept of best practices, and they've made several valuable observations. At the very core, best practices aren't a one-size-fits-all solution. What works brilliantly for one company doesn't always work for another one, but the truth is, we're conditioned to imitate success. It seems like a smart way to grab a piece of the pie without having to bake it. Unfortunately, when leaders try to cut and paste industry standards and apply them to their own companies, they might find a meaningful disconnect…

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