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Industry best practices are developed over a period of through testing and implementing them in different phases to ensure that the practices contribute to the overall benefits, profits and ease of doing business operations. Industry best practices are followed by that specific industry only and thus best practices variate from industry to industry.
In certain cases, the company develops their own best practice and implements them globally making it a symbol of best practices which they have developed. Such companies also happen to be an example of leading with practice which includes Toyota & Uniqlo.