New British Standard on collaborative business relationships launched
ICW | London, UK |
The world’s first standard for collaborative business relationships – known as BS 11000 - was launched at an event at the House of Lords on 7th December.
The world’s first standard for collaborative business relationships – known as BS 11000 - was launched at an event at the House of Lords on 7th December.
To help businesses and other organisations create solid and profitable partnerships, BSI has published the first-ever standard on Collaborative Business Relationships (BS 11000-1) and will officially launch the certification programme on Tuesday, 7th December 2010, at the House of Lords.
As post-recession challenges bite, business leaders and managers are evaluating their optimum approach to customers, suppliers and partners. Consensus across all sectors is that a collaborative approach will deliver better value for customers and provide suppliers with a stable environment that encourages sustainable growth.
Having undergone a quality revolution in the 1980s and a productivity revolution in the 1990s, business practice in the UK is about to undergo another revolution in the 2010’s: that of innovation through collaboration.
The world’s first standard for collaborative business relationships has been published and copies are available from the BSI website.
The arrival of the world’s first standard for collaborative business relationships offers organisations a chance to build value beyond their individual capabilities but also poses some potential challenges, claims PSL’s operations director, David Hawkins.
Representatives from the UK’s higher education sector have welcomed the draft British Standard BS 11000 - on collaborative business relationships.
People and organisations have up to and including 31st July to give their view on the draft British Standard BS 11000 - on collaborative business relationships.
The Institute for Collaborative Working's continuing role is to help organisations, large and small, in both the public and private sectors, to build and develop effective competitive business relationships based upon a collaborative approach.