Strategy Markup Language (StratML)

What is Strategy Markup Language (StratML)

Strategy Markup Language (StratML) is a standardized, machine-readable format for expressing strategic plans and reports. It is based on the eXtensible Markup Language (XML), which is a widely used standard for encoding and exchanging data. StratML is designed to facilitate the creation, sharing, and analysis of strategic information, and to support the development of more effective and efficient strategic planning processes.

StratML consists of a set of XML elements and attributes that are used to represent the key components of a strategic plan or report, such as the mission, vision, values, goals, objectives, strategies, and performance measures. StratML also includes elements for describing the context and stakeholder relationships of the plan or report, as well as for providing links to supporting documents and resources.

StratML is intended to be used as a common format for storing and exchanging strategic information across different organizations and sectors. It is supported by various software tools and applications and is used by governments, businesses, and other organizations to improve the transparency, accountability, and performance of their strategic planning processes.

See Also

Strategy Markup Language (StratML) is an XML-based language designed to facilitate the exchange, discovery, and reuse of strategic plans and related information. It provides a standardized format for representing strategic plans, objectives, goals, performance measures, and other elements of strategic management.

  • Standardization: StratML is developed and maintained by the Organization for the Advancement of Structured Information Standards (OASIS), an international consortium that develops open standards for the exchange of structured information. It aims to provide a common framework for representing strategic information in a structured, machine-readable format.
  • [[XML-Based Format: StratML uses XML (Extensible Markup Language) as its underlying format, which is a widely adopted standard for encoding and exchanging structured data on the web. XML provides a flexible and extensible way to represent complex hierarchical data, making it suitable for representing strategic plans and related information.
  • Hierarchical Structure: StratML organizes strategic information into a hierarchical structure consisting of elements such as goals, objectives, strategies, performance measures, and action plans. This hierarchical structure allows for the nesting and nesting of elements, enabling the representation of complex relationships and dependencies among strategic components.
  • Core Elements: StratML defines a set of core elements that represent essential components of strategic plans, such as the organization's mission, vision, goals, objectives, and performance measures. These core elements provide a standardized framework for representing strategic information and ensuring interoperability across different systems and organizations.
  • Extensibility: While StratML defines a set of core elements, it also allows for the creation of custom extensions to accommodate specific organizational requirements or domain-specific information. This extensibility enables organizations to tailor the StratML schema to their unique needs while still adhering to the overall standard.
  • Metadata: StratML includes support for metadata, which provides additional context and descriptive information about strategic plans and related documents. Metadata elements can include information such as the document's title, author, date created, version, and keywords, helping users discover and understand the content of StratML documents.
  • Interoperability: By providing a standardized format for representing strategic information, StratML promotes interoperability and data exchange among different systems, tools, and organizations. This enables seamless integration and sharing of strategic plans and related information across disparate platforms and applications.
  • Accessibility: StratML documents are designed to be accessible to both humans and machines, making them easy to read, interpret, and process by both people and software applications. This accessibility facilitates collaboration, analysis, and decision-making based on strategic information encoded in StratML format.
  • Adoption: While StratML has gained traction in some government agencies, non-profit organizations, and standards bodies, its adoption is not yet widespread across all sectors and industries. However, efforts are ongoing to promote awareness, adoption, and implementation of the StratML standard to enhance strategic management practices globally.
  • Potential Benefits: The adoption of StratML offers several potential benefits, including improved transparency, accountability, and alignment of strategic plans with organizational goals and objectives. It also enables better communication, collaboration, and coordination among stakeholders involved in strategic planning and execution.