Final answer:
Organizations use best practices methods such as establishing standards, measuring performance, risk management, elimination of waste, Lean Management, Six Sigma, and Total Quality Management to increase productivity and efficiency.
Step-by-step explanation:
Organizations use best practices methods to increase productivity and efficiency. One best practice example is establishing standards, which involves setting clear expectations and guidelines for employees. Another example is measuring performance, where organizations track and analyze key metrics to identify areas for improvement. Risk management is also an important practice, where organizations identify and mitigate potential risks to prevent negative impacts.
Elimination of waste is another best practice, which involves identifying and reducing unnecessary activities or resources that do not add value. Lean management is a popular method used to eliminate waste and improve efficiency by focusing on continuous improvement and reducing non-value-added activities. Six Sigma is another best practice that focuses on reducing variation and defects in processes to improve quality and efficiency. Lastly, Total Quality Management (TQM) is a comprehensive approach that involves the entire organization in consistently delivering high-quality products or services to meet customer expectations.