The recently published ISO 56001:2024 describes the requirements and provides guidelines needed to establish, implement, maintain and improve an innovation management system.
Applicable to any type of organization, the main advantages of implementing it are that it:
- Improves innovation performance
- Reduces uncertainty
- Increases the likelihood of achieving significant benefits from new products, services or processes.
- Builds a culture of continuous improvement
The ISO 56001 standard follows a harmonized structure that is compatible with other management system standards, so that organizations can align or integrate their innovation management system with other standards to leverage synergies and be more efficient.