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| Financial guidance for national standards bodies |
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![]() ISO, the world's largest developer of voluntary International Standards for business, government and society, has just published a new handbook giving guidance to national standards bodies (NSBs) on how to finance their activities. Financing NSBs – Financial Sustainability for National Standards Bodies is the latest in a series of books developed by ISO targeting developing countries and transition economies in particular, but not exclusively. Developing countries make up some three-quarters of ISO's membership of 163 NSBs. The financial sustainability of any organization, including any national standards body, is critical. In addition, standardization activity requires revenue so that the NSB may operate effectively to meet the needs of customers and stakeholders over the long-term. Almost all ISO members are not-for-profit organizations that work to meet the standardization needs of their stakeholders and reinvest any surplus back into this activity. ISO Secretary-General Rob Steele writes in the preface to the book, "The emphasis in this publication is on providing further information on activities, services and financing approaches for NSBs but it is not an end in itself. Organizations need financial resources to respond to the needs of their customers and stakeholders, to ensure there are robust systems and processes that make standardization activities efficient and take advantage of new technologies and allow those involved in standardization, including technical experts and employees, the training to do their job." ISO has therefore prepared a number of publications that cover these other aspects, including the following developed with partner agencies, such as the United Nations Industrial Development Organization (UNIDO) :
This publication supersedes the ISO publication, Organizing and self-financing of participation in ISO work – Guidance for ISO member bodies, published in 1998. Source from: ISO |
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