Best Practice Transfer is the systematic ability to:
- Identify best demonstrated practices,
- Distill the process success factors,
- Transfer the success factors to other locations,
- Sustain the process improvement gains.
APQC research concluded that a systematic approach to Best Practice Transfer delivers a 10X level of results over other continuous improvement approaches.
Booz Allen Hamilton researched multiple industries and concluded: “there is often a 4:1 performance differential among business units performing similar functions within a given company.” Said another way, there is a 400% difference between the best and the worst performance of the same job.
Forward-thinking organizations recognize that they can obtain a low-risk performance improvement by simply raising the bottom half performers up to a median level.
SigmaFlow has developed a methodology and platform called Best Practice Transfer to facilitate improvement workshops, change management, and the scorecarding necessary to ensure gains are sustained.