AIIM is pleased to announce the publication of a new standard, StratML. Part 1: Core elements. This standard specifies an Extensible Markup Language (XML) vocabulary and schema (XSD) for the elements that are common and considered to be part of the essential core of the strategic plans of all organizations worldwide. Included in the standard are two kinds of elements - core elements and administrative metadata.
StratML formalizes the strategic planning that all organizations go throught. This standard will enable information contained in strategic plans to be efficiently shared and analyzed in an organization. StratML will enable efficient discovery, sharing, referencing, reuse and analysis of strategic information.
StratML has a lot to offer organizations and their customers. It will allow more efficient and effective engagement of employees, partners and other stakeholders in the strategic planning process. From a customer or investor perspective, it will allow you to be able to review and provide feedback on the company strategy for those companies that are truly customer focused and open to sharing their plans with their customers and investors.
This standard is being issued in parts. Part 1 focuses on the core elements for the schema focused on strategic planning. The committee is working on Part 2 which will focus on the performance plans and reports that result from the strategic planning process. Part 2 is expected to be finalized in 2010.