Best Practice is an idea developed by the management process which explains that there is a procedure, technique, method, activity, remuneration or reward that is more effectual at providing a specific result than any other procedure or techniques etc. The concept tells that with suitable methods, checks, and examining, a required outcome can be provided with less trouble and unpredicted difficulties. Best practices can also be stated as the most proficient (least amount of effort) and successful (best results) way of achieving a task, based on replicable procedures that have proven themselves over time for big numbers of people. (Wundersitz, Hutchinson and Woolley, 2010)
There is a suitable infrastructure that built a sole library of best practice frameworks, all of which are extremely regarded by most of the famous organizations and highly recognized by foremost forecaster companies. These researches have been created specifically to help speed up one’s directorial operations and projects effortlessly and successfully (McKeachie, 2001).
Seeger (2006) has advised that best practice framework is a cooperative relationship of identifying, improvement process and organisation’s strategy modify. Benchmarking can be explained as a dimension of the firm’s presentation can be compared to other alike scale company’s and their values within the industry. The reasons that benchmarking has used to attain the specialized data from the industry influential to classify the best practices. Through discussion and execution of these philosophy and principles, the main objective is to help the institution to develop its own best practice framework (Seeger 2006 p. 233).
The humanist side approach is highly focused by the theory of contingency. Both the internal variables and external variables are included into this theory. However the external elements have relationships with the external intimidation, external communal features and external industry atmosphere. On the other hand the internal variables have relationship with the internal elements like internal intimidation, internal public features etc. contingency theory method however no longer significant for the management purpose because the framework under this theory is not highly efficient for the firm’s structure, strategy or volume or type. (Pascarella and Terenzini, 2005)。