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Business Partnerships to Drive Growth - BSI Event at the House of Lords

London, UKLearning NewsICW

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.

In light of today's volatile economic environment, BSI recognises the need for companies, governments and other organizations to build solid business partnerships to drive growth and innovation. Co-operation across different markets and sectors has proved remarkably advantageous. Several case studies show that corporate partnerships not only encourage the circulation of ideas, they also inspire strategic growth with potential expansion through long-term relationships, and increased trust within the industry.

Industry managers, visionaries and thought leaders will convene at the House of Lord on 7th December to gain a deeper understanding on how this unique standard on Collaborative Business Relationships can help them stay ahead of the curve by generating and implementing practical, innovative solutions through effective business relationships.

The event begins at 12.15 pm. The leader of the House of Lords and Chancellor of the Duchy of Lancaster Lord Thomas Strathclyde will give the welcome address. The event also features key speakers from BSI and Partnership Sourcing Ltd (PSL), with an additional session from NATS, one of the five organisations which achieved certification under PAS 11000 - the precursor to BS 11000 - during the certification pilot programme earlier this year.

"We are delighted to host this event," says BSI CEO Howard Kerr. "Building strong relationships both within and outside a company is fundamental to organizational growth and innovation".

"Collaborative working offers an alternative and enhanced capability to build new value propositions which are beyond the capabilities of an individual organisation," said PSL's operations director, David Hawkins. "Moreover, it offers the opportunity to share the flow of knowledge and experience between individuals and organisations to deliver benefit and add value."

BS11000 is a breakthrough standard - not just for BSI, but for the whole of industry. The Ministry of Defence (MoD) has already committed to adopt it. Building off PAS 11000, which presented an eight-stage approach to successful business collaboration in the public and private sectors, BS 11000 has expanded the scope of this approach to address a wider audience, including small and medium-sized enterprises.

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