What are standards?
An enterprise standard is set of document rules and instructions that describe a repeatable sequence of procedures, practices and step-by-step activities that are required to be followed in order to achieve a desired result.
The procedure, practice and activities comprise of:
- Best Practices – what works well to improve and standardize the non-core capabilities with a focus on the cost model and operating model.
- Industry Practices – performance accelerators to improve competitive parity and standardize core competitive capabilities with a focus on the performance model and service model.
- Leading Practices – outperformer practices to define and strengthen competitive advantage, innovation and efficiency in the core differentiating capabilities with a focus on the revenue model and value model.
- Patterns of Success – a sequence of repeatable patterns that defines hyper growth and first mover organizations.
Each standard contains the required descriptions, categorization, classification, semantic relationships, ontology, meta objects, maps, matrices and models to succeed and work across the business management and information technology disciplines as well as across projects and roles.
All together describing the set of procedures an organization needs to follow in order to replicate the ability to identify, create and realize the value in the specified area and subject.
Each standard connects to a powerful value and performance toolset that establishes an effective management practice with practical step-by-step sets of activities that link roles, workflow, lifecycles and value- & quality gates to closely track outcomes.
The enterprise standards are agnostic and vendor neutral and integrate well with other existing frameworks, methods and approaches such as ITIL, COBIT, TOGAF, Zachman, SAP ASAP, Oracle AIM, BPMN, etc. This leverages the reference content from existing investment to ensure that, for example, service, process, application and data modelling interlink with full value management and value modelling principles.
They have been designed to be custom tailored to and implemented by any organization, both large and small, regardless of their various frameworks, methods, products/services and activities.