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WHY have a Body of Knowledge? And a group to maintain iit

simon

This is a question that was asked of me.

Here are some answers from my perceptions…

Everybody needs it
Every organisation has some needs for adequate leadership and management if it isn’t to fragment and wither.
If the organisation’s practises are better than others in the marketplace then they will do better; faster and with more significant impacts.
While the localised needs are dependant on personalities and cultures and market/ product and other factors some of the information flows, decisions and reporting needs are common (especially where required by regulators).
With common needs come common solutions that are exemplars to be adapted and then adopted. This increases confidence that principles and practises are necessary and adequate.
Speed implentation
The cost of, and speed to creation of suitable schemes by adapting and adopting tried and known good approach(es) decreases costs and removes chances of error and if omissions - and so gives value to the acquiring organisation
Improve and Refine Good Practice
With explicit description comes the ability for other to critique and improve, to gauge completeness and correctness and to check suitability in varying contexts - so ‘adaptability’
Creates a Training 2ndry market
Codifying turns implicit good (& bad) practises into explicit descriptions. A necessary prerequisite for sharing. In other words creating a body of knowledge facilitates training of people to enhance their sale-able skill sets
Credentialise Organisation
Making explicit the content in the field of practise assists in defining the verifications that good practises are being appropriately followed by organisations.
Potential partners and investors and customers can use third-party verification schemes to offer the prospect of greater dependability and benchmark the risk exposure that they embrace by collaboration thus increasing confidence in predications of the likelihood of any value exchanges.
Benchmark investments, suppliers & partners
Unifying approaches that do not have to be different increases the viability of creating tools to assist with some of the procedural and/or data elements.
Defining a body of knowledge explicitly allows new approaches to be evolved that introduce stepwise and discontinuous improvements and so, in time improving the state of the art

Recap: Better solutions, for more folk faster, with more confidence. Verification of organisations and the staff in being able to competently meet their obligations and preferences. Improvement over time. Development of new approaches

ChrisB

I think this is a good start at asking ‘why have a body of knowledge’, and I will work on refining it once I have an answer to the key question below.

The question I want to answer is ‘Why are we developing and promoting BIG?’ - what is our (CIC, partners) purpose, ala PDO Worldview, in offering integrated governance? Is it simply a product/service we think we can sell, or do we see it as a way of changing some part of the world for the better in some way?

I want to know what the CIC Purpose is so we can better answer the 10 questions David has posed, with a clear focus and more authenticity.

simon

ChrisB
Did Dave pose 10 qn?
I can find qn1 q2 Q3 and there are 1 or 2 other posts that may be interpreted as conversation starts but if there are a methodical list of 10qn I think I missed it
Post the link here?

DD

ChrisB
I can speak for myself for why am I developing promoting and promoting BIG - but that I think we need - as you have described is why are WE developing and promoting BIG?
That can be a collection of all our whys so we can then agree what the BIG CIC collated and cleaned version is of that.

I have many ways to express this - but the other day, I was at a session with the ACCA, and there was a discussion about culture and one of the presenters started to describe the necessary capabilities needed in an organisation to achieve purpose. The capabilities were all BIG capabilities. But the presenter did not have a collective noun for them - or a way to collect all the concepts, principles and components neatly together, or a roadmap or any model examples.

I think simple way to reference complex stuff is a good point.

When I asked - have you heard about BIG - all one of the presenters could say that “oh no not another acronym” - to which I retorted - ok - so spend 3 minutes describing all the bits when 15 seconds will do? :-)



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