What is ISO/TR 44000 - Principles for collaborative business relationship management about?
ISO/TR 44000 is an international standard that focuses on principles for successful collaborative business relationship management. ISO/TR 44000 introduces twelve collaborative relationship management principles. ISO/TR 44000 and related ISO collaborative management standards are based on the understanding and acknowledgement of these principles.
Who is ISO/TR 44000 - Principles for collaborative business relationship management for?
ISO/TR 44000 on principle for successful collaborative business relationship management is useful for:
- Business owners and legal advisors
- Management board members
- Business development managers
- Relationship managers
Why should you use ISO/TR 44000 - Principles for collaborative business relationship management?
Regardless of industry or other factors, a well-conceived collaborative relationship will follow a set of common principles. Any collaborative relationship lacking in these principles will most likely experience challenges and reduce the likelihood of success.
The successful adoption of collaborative approaches should be anchored in the ability of initiatives to deliver defined objectives and outcomes that are integrated with those of the organizations and stakeholders involved. These might not always be fully aligned but should be, as a minimum, complementary or neutral in terms of the key objectives. It is also important to ensure these objectives are reviewed at regular intervals to assess changes.
ISO/TR 44000 informs that a collaborative relationship underpinned by aligned visions and values, business objectives and commitment to mutual benefits can achieve synergy in areas such as reduced risk, improved performance and efficiency, extended product or service capability, product development and innovation or even improved performance through behavioural change.
ISO/TR 44000 addresses those principles that underpin the implementation and operation of organizations committing to work together across organizational boundaries for mutual benefit and added value. ISO/TR 44000 provides for each principle:
- Statement: a description of the principle
- Rationale: an explanation of why the principle is important for the organization
- Key benefits: examples of the benefits associated with adequately addressing the principle