Business Partnerships to Drive Growth – BSI Event 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.

To help businesses and other organizations 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.

Industry managers, visionaries and thought leaders will convene to gain a deeper understanding on how this unique standard 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.

End

About PSL
PSL was established in 1990 as a joint initiative between the Department for Business Innovation and Skills (formerly DTI)) and the Confederation of British Industry (CBI). PSL is a self-financing not-for-profit organisation. Its 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. PSL provides practical guidance based on a wide portfolio of experience utilising knowledge from extensive relationships within the commercial, Government and academic arenas.

PSL
Sullivan House, 4 Grosvenor Gardens, London SW1W 0DH, UK
www.PSLCBI.com
Contact: Les Pyle, PSL, +44 (0)207 824 1807; les.pyle@PSLCBI.com
David Hawkins, PSL, +44 (0)207 824 1807; david.hawkins@PSLCBI.com

PR contacts: Bob Little, Bob Little Press & PR, +44 (0)1727 860405; bob.little@boblittlepr.com
Chiara Carella, PR Manager, BSi, +44 (0)20 8996 7248; +44 (0)77 6835 8730;
chiara.carella@bsigroup.com

This release was published on openPR.