This article has been provided by Suresh Lulla, Founder & Director, BestPrax Club

The BestPrax Club recently held the BestPrax Conclave at the prestigious NMIMS University in suburban Mumbai. It was the culmination of two competitions: BestPrax Benchmark 2016 and BestPrax Prize 2016.

The BestPrax Benchmark is an intensive 3 month process that combines reflective research internally, consulting, and finally competition with other organizations. It helps organizations harvest best practices and zero-in on opportunities for improvement.

The BestPrax Club recently held the BestPrax Conclave at the prestigious NMIMS University in suburban Mumbai. It was the culmination of two competitions: BestPrax Benchmark 2016 and BestPrax Prize 2016.

The BestPrax Benchmark is an intensive 3 month process that combines reflective research internally, consulting, and finally competition with other organizations. It helps organizations harvest best practices and zero-in on opportunities for improvement.

The Feedback Report shares the scoring practice by practice, aligned to Business Excellence models. It also mines for global best practices to enable innovative adaptation for corrective improvements. This year’s edition saw a focus on Leadership Governance. The winners were Tata Power, Tata Housing and NMIMS University. The next two editions will focus on Management Governance and Operational Governance. The competition cycle for participation will be from November 2016 to April 2017. GBN members should encourage organizations in their circle of influence to participate.

The BestPrax Prize is an open forum for organizations to showcase their best practices. The best practices this year were from Max Life Insurance, Yes Bank, Mahindra Lifespace Developers, and Thiagarajar College of Engineering.