How does innovation drive success in business?
Innovation enables adaptability. While it is lauded for driving trailblazers, gargantuan inventors, and other disrupters of the status quo, innovation belongs to everyone. With society adapting at a rapid pace, any business needs to be resilient enough to keep up.
What is ISO 56002:2019?
An innovative organization is able to comprehend and respond to the conditions of its context, pursue new opportunities, and leverage the knowledge and creativity of its employees. And, as stated in ISO 56002:2019:
“An organization can innovate more effectively and efficiently if all necessary activities and other interrelated or interacting elements are managed as a system.”
In fact, an innovation management system can aid any organization in determining its vision, strategy, and objectives in relation to innovation. It can also set the support and processes that help an organization reach its intended outcomes.
ISO 56002:2019 helps any organization, regardless of type, sector, or size, establish, implement, maintain, and continually improve an innovation management system. It addresses a realm of guidance pertinent to innovation management systems, including understanding the needs and expectations of interested parties, determining the scope of the system, the role of leadership, planning, operation, improvement, managing risk, and innovation processes and objectives.
In addition to organizations who want to effectively manage innovation activities, ISO 56002:2019 is applicable to customers and other interested parties who seek confidence in an organization’s innovation capabilities, as well as organizations that want to improve communication through a common understanding of what constitutes an innovation management system. It can also be used by policy makers and training providers in innovation management.