Best practices, a unique selling point

Becoming a monopoly in any business has become near impossible in today’s competitive environment. To stay sustain and to win over competition, there is a need for Unique Selling Point. Cost to product not just carries the cost of manufacturing but also a lot of other things including, HR, operations, procurement, profitability and etc. So, each and every unit inside every organization is inter connected and they will have direct impact on pricing and profitability. Even a single employee’s salary could affect the pricing and profitability.

So, it is always important to understand what kind of best practices could be implemented and what best practices are being adapted by your competition. The best practices can be in anything; they can be something operations, applications, hardware, storage, security, network, infrastructure, mobility, social media, cloud, process& methodologies and etc. It is not mandatory to follow the same but it is important to stay updated and adapt the best things that could suit your organization

For example, PMP, ITIL are followed by thousands of organizations. Because, they follow, they were able to save millions of dollars, increased productivity and sales which in turn mean better quality, increased quantity, higher profitability and finally less cost to customers. Lesser cost to customers is always an increased customer satisfaction.