Many people imagine the standards process as being all about itty bitty details. Developing and maintaining standards does require great attention to detail. Some issues take a lot of debate before a way forward is agreed. But, when you step back, it's striking how much of the standards effort is pretty simple, broad brush stuff.
Think about the difficult decisions you have to make – the ones that involve lots of people with different viewpoints. Are these the most important decisions? Usually not. The really significant decisions are easy. The answer stares you in the face.
Discriminating between competing details can be excruciating, but it's necessary if everyone is to support the eventual outcome. But just look at the proportion of material people can agree on straight away. The major entities in any data domain are not shy in coming forward.
The 80/20 rule applies here. If you're starting a standards process, you can get most of the way there real quick. Most of your effort will go into agreeing details at the periphery. But the value will start delivering from the core immediately.