It's not easy to point to the organizational tools, techniquesor assets that directly create value. Maybe you have a fantasticbrand, a captive genius whose product ideas never miss or a proudbank of relationships that guarantee profits.

It's right to treasure and nurture these value creators whereverwe find them. But of course we want to find new sources andgenerators of value. Industry data standards are thegreatest unsung value creator of them all. Standards not onlydestroy waste, they enable innovation. When you're running in astandards-based environment, you can introduce new products,services and processes faster. Even better, you have an actionable,legible environment that inspires new ideas.

Standards make connections. When you adopt industry standards,you're now in a position to collaborate with partners and replicatesuccessful solutions easily, cheaply and confidently. This meansquicker market entry and lower risk.

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.