Each Scorecard exists as part of a dedicated Module that defines generic Best Practice.
Each Module is divided into its Component parts that make up the Best Practice Scorecard.
The Scorecard defines each of the Components along with a scoring system so that the corporation can measure its performance using an objective assessment.
Where has the Model come from?
The development of the Best Practice model has been a long term project taking a number of years working in close collaboration with different corporations - we have been able to determine those characteristics that are most likely to lead to commercial success and also those characteristics that are likely to lead to problems
This means that the corporation can assess its current position using the Scorecards
This in turn will indicate the corporation’s compliance to Best Practice and the priority areas for development
Each Module is further supported with a process for Best Practice implementation that helps that corporation to move towards the defined best practice position