
ISO 56002 Innovation Management — Innovation management system — Guidance
The ISO 56002:2019 standard offers a framework for creating, implementing, maintaining, and enhancing an innovation management system (IMS) in a company. In order to help businesses maintain their competitiveness in a quickly changing environment, these standard attempts to assist them in developing an organized approach to innovation management. The process of creating, refining, and implementing new concepts, goods, services, or practices that benefit the company and its stakeholders is referred to as
- Increased competitiveness: Encourages continuous innovation, which helps businesses maintain their market leadership.
- Better decision-making: Offers a methodical way to make informed decisions about which concepts to put into practice.
- Improved cooperation: Encourages cooperation across departments, teams, and outside partners to encourage creativity.
- Allocating resources effectively: Assists in focusing funds on the most creative and promising initiatives.
- Continuous Improvement: To guarantee that the company continues to innovate and adjust to new challenges, ISO 56002 highlights the significance of upgrading the innovation management system on a regular basis.
An efficient framework for methodically, consistently, and strategically monitoring innovation is offered by ISO 56002:2019. Organizations can improve their long-term results, match innovation activities to their objectives, and cultivate an innovative culture by adhering to its recommendations.