Standards for Top Management

Types of standards


Understanding standards is essential for this framework, as this knowledge provides the foundation for effectively implementing best practices and achieving strategic business objectives in a dynamic landscape.

In essence, standards are specifications and criteria for materials, products, processes, and services. They form the backbone of reliable quality, smooth collaboration, and trusted outcomes across industries and regions. To fully grasp the concept of standards, we need to understand how it is defined. One of many definitions comes from the World Trade Organization; from now on, this is the one we will refer to. They describe a standard as a: 

“document approved by a recognized body, that provides for common and repeated use, rules, guidelines or characteristics for products, or related processes and production methods, with which compliance is not mandatory”.


Different types of standards

It is also good to recognize that many organizations regularly work on creating standards, each with varying levels of importance and scope. Here are some common types of standards you may encounter:

International Standards
Developed by global organizations and intended for worldwide adoption.

Regional/National Standards
Specific to certain geographical areas or economic regions. 

Industry/Consortia Standards
Tailored to specific industries or sectors.

Corporate Standards
Developed internally within an organization.

De Facto Standards
Established through widespread use and acceptance rather than approval.


Key characteristics

Building on the WTO definition of standards, it is vital to delve into the key considerations organizations must consider when selecting a standard. Understanding these characteristics helps ensure that the chosen standard aligns with organizational goals and provides lasting value.

Voluntary or Mandatory
While many standards are voluntary, some become mandatory when adopted by regulatory bodies.

Consensus-Based
Developed through consensus among various stakeholders to ensure broad acceptance.

Evolving documentation
Regularly reviewed and updated to reflect advancements and market needs.

Open or Proprietary
Open standards are available for anyone to study, use, and influence, whereas proprietary standards are restricted.

However, these are just some characteristics that need to be considered when selecting a standard. While many standards are excellent, some poor-quality ones fail to deliver value. This report highlights open standards that are globally applicable, adhere to the WTO’s fundamental principles of Good Standardization Practice, and provide tangible benefits for organizations adopting them throughout their lifecycle. This knowledge can prevent lock-in effects, market dominance, and other unfair advantages.

The principles of good standardization practices (GSP) are designed to ensure that standard-setting organizations adhere to best practices for creating and publishing standards. The principles focus on transparency, openness, impartiality and consensus, effectiveness and relevance, coherence, development dimension, stakeholder engagement, and due process.