The Institute (formally Partnership Sourcing. Limited- PSL) was established in as a joint initiative between the Department of Trade and. Industry (DTI) now. BS – published by BSI in association with the Institute for Collaborative Working (ICW) – the World’s first national standard for Collaborative Business. BS , the successor to the PAS management system standard, is a British Standard that provides a framework specification for creating and.
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We would use BS as a framework, but within that framework we could help organisations to:. It is these key factors that BS captures and thus stzndard a common and consistent foundation for collaboration.
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Collaborative relationships also lead to better cost and risk management, as well as levels of innovation not normally achieved in a typical client-supplier relationship, thus enhancing competitiveness and performance.
This may be achieved via a leadership training programme or a much larger change programme. Indeed many have been costly and embarrassing failures. However, the key issues will be common to most. For those organisations with well established processes the framework provides a common language that can aid implementation and engagement. BS is a world first and offers the opportunity to organisations to adopt a recognised model for building their collaborative approaches and benchmark themselves against industry good practice.
Download Our Free Guide Find out how you can win more business and drive down your costs – contact us now to book your free consultation with one of our Senior Directors. In business, as in other walks of life, teamwork can pay real dividends. It is the first National Standard in the world to address collaborative business relationships.
Few have achieved the original goals and fewer still have created extra added value. In short a standard framework that will promote better engagement and effectiveness through strengthened business processes, whilst improving risk management, enhancing dispute resolution and providing a basis for skills development.
Historically there is evidence to suggest that partnerships have not achieved the goals they were originally set.
BS | the World’s first national standard for Collaborative Business relationships
At a more detailed level some of the benefits already recognised by multinational organisations include:. For those starting out on the journey the framework creates a road map for development. A key strategy for many companies is to form partnerships with other organisations in order to gain some form of competitive advantage. There are more applications and in the course of time there will be ways of enhancing the basic BS framework. The structure of the framework is drawn from the CRAFT framework and methodologies supported by a wide range of tools and guides, which have been established over some 20 years of involvement in relationship management.
However, please note that Key Performance can provide the practical advice, support to make partnerships actually deliver enhanced value and massive competitive advantage. There is plenty of evidence that collaboration in whatever form alliance, partnership, Joint venture, eco-system can if appropriately integrated and executed provide a value business model and enhanced bs1000.
Most importantly of all improve the potential for sustainable relationships that deliver value. Using an eight stage approach, BS is designed to enable organisations of any size and sector to apply best practice principles to their own ways of working, to get the most out of business relationships. Collaboration between organisations may take many forms from loose tactical approaches through to longer term alliances or joint ventures. BS maps the key areas which all organisations should address.
Stanrard gives guidelines on increasing joint efficiency, transparency and understanding around governance processes.
The MOD are now actively encouraging partnership frameworks between supplying companies ignoring the fact that they need it more than anyone else. Other possible applications could be:. BSthe successor to the PAS management system standard, is a British Standard that provides a framework specification for creating and managing collaborative business relationships.
Companies will need to show that they are doing it to a good plan: