A well deployed practices transfer program can help a company accomplish strategic objectives such as drive step-change improvements in performance and also accelerate its development into a learning organisation.
By focusing on not only sharing knowledge but also applying it, practice transfer allows enterprises to tap the power locked in by its current structures, process and systems. Opportunities to leverage the transfer of good practices span the value chain and exist in all organisations across every industry.
The effective STEP program is iterative, rigorous and supports a unprecedented insight into the capabilities of the new as well as the existing workforce. It helps in identifying superior capabilities; transferring them across business units and then provides tools for the systematic monitoring and realising of results.