Developing a Standardization Best Practice by Cooperation Between Multinationals

Abstract

This Chapter presents a case of knowledge sharing between multinational companies. The companies cooperated to develop a common best practice for the development of company standards through sharing their practices. The Chapter describes how this best practice was developed and tested. Experiences in this successful project may help other multinationals to also profit from knowledge sharing. Critical success factors are the willingness to be open, the culture of cooperation and the involvement of academia.