International and European standards support the development of new products, services or processes with a systematic approach. Innovation Management. Innovation Management Systems. ISO 56000 series. ISO 56000. ISO 56002. CEN/TS 16555-1. CEN/TS 16555-2.
Innovation management — Illustrative examples of ISO 56000
60.60Standard published
ISO/TC 279
Innovation is a key to global competitiveness and human or technological progress over the coming decades. Innovation management creates high added value and promotes the development of business and the growth of labour markets.
It contributes thereby to competitiveness, economic performance and economic power of nations. Standards on innovation management provide best practices to support the implementation of innovation policies as well in Small to Medium Enterprises (SMEs) as in worldwide groups including public institutions, universities, research centres or non-profit organisations.
Some benefits for companies and organization include:
Save cost and reduce risk when innovating and facilitating market access of innovative products and services
Increase the organization ability to take decisions
Improve the efficiency and the performance of the organizations to produce innovation
Improve results of the innovation process and contributes to monitoring the return of investments made in innovation
Share a globally accepted ‘common language’ for innovation management
Evaluate the progress of the organisation and identify and share good practices in innovation management