Innovation is the driving force for companies to stay relevant in the market, observes the guidance for ISO 56002:2019 Innovation management system.
An effective system helps an organization identify great ideas and organize activities to successfully implement them, it continues.
What does a ‘good’ Innovation Management System look like?
The ISO 56002:2019 guidance, provides a short introduction to what good looks like when it comes to managing innovation according to experts from over 50 countries.
Consistently generating ideas that will ensure the viability and sustainability of a business requires a conscious decision to put a system in place which will:
- Align effort spent on innovation to the overall business strategy;
- Provide talent-related programmes, tools and techniques that enable all employees to derive creative solutions and to transform those insights into tangible business value
- Drive behaviours and activities that could give a competitive advantage or build intellectual property (IP).
An innovation management system helps you promote, facilitate and manage innovation to realize your organization’s full innovation potential.
By implementing a systematic approach that embeds innovation into the organisation. You can secure sustained innovation capabilities.
Read more: ISO 56002:2019 Innovation management system.
