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Evidence Based Management

In: Business and Management

Submitted By mujahidlatif
Words 694
Pages 3
WHAT IS EBM:
Evidence-based management (EBM) is a new study that has been implemented in today’s organizations. The best example of EBM is applied in Medical field. But question arise here, why todays organizations need EBM, especially mangers. From the past records of mangers works, it is found out that most of the managers rely on old management style, which includes:
• Past experience
• Market trends
• Old business records
The result of old management style result into two outcomes;
 Success or
 Failed badly.
WHY EBM: From all kind of managerial field (medical to education), EBM is used to evaluate and apply scientific research to find and solve the situation in best possible way. By using scientific solutions, organizations can save both their time and resources. Dr. David Sackett, gives the example of medical field in which new medicine experience is only gained by experience and practice.

HOW TO APPLY EBM: Before we implement any condition in work place, we need to apply rules on test bases and watch out the outcome of system/conditions weather it is in positive or negative by taking a feedback from employees. These system/conditions can also be applied by market research, company product & services or customer feedback. But before taking such steps, we can always refer to experienced persons or companies, who implemented such systems and check there possible outcomes and problems they faced during and after EBM system.

We can also reward people who try to implement such system, which will help and encourage in bring suitable and best EBM system for organization.

FIVE PRINCIPLES OF EBM: EBM system is based on 5 principles as following:

1) Build an environment in which people are encouraged to speak truth about situation, not matter how unpleasant it may be.
2) If EBM system is implemented, always stick

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