ISO 56002 guides the organization to determine its innovation vision, strategy, policy, and objectives, and to establish the support and processes needed to achieve the intended outcomes.
An innovation management system is a set of interconnected and interacting pieces aimed towards the value creation. It provides a standard framework for developing and deploying innovative capabilities, evaluating performance, and achieving desired goals. The elements can be gradually implemented to establish the system based on the specific environment and conditions of the company. When the business implements all of the parts of the innovation management system, the organization will reap the full advantages.
Standardizing innovation management
Standards are developed to normalize technical knowledge on relevant issues to obtain uniformity in how the processes are conducted in the companies and organizations.
Benchmarking of the frameworks of innovation management
In the scope of this dissertation six actively practiced and internationally known conceptualized tools of innovation management were identified and examined. Three representing an academic approach (two of which are standards).Keith Goffin & Rick Mitchell Innovation Pentathlon framework, Spanish linear Innovation Model and Portuguese chain-interactive Innovation Model.
a. Keith Goffin & Rick Mitchell Innovation Pentathlon framework (2005)
b. A.T. Kearney House of Innovation (2006)
c. Spanish linear Innovation Model, UNE 166002:2006
d. Portuguese chain-interactive Innovation Model, NP4457:2007
e. Accenture Performance Innovation Engine (2010)
f. CEN-Committee 389 Innovation Management, Part 1: Innovation Management System, CEN/TS 16555-1:2012
g. Arthur D. Little´s Innovation Excellence Model (2013)
Innovation management principles
An innovation management principle includes a statement of the principle, a rationale of why the principle is important for the organization, some examples of benefits associated with the principle, and finally examples of actions the organization can take to improve performance when applying the principle.
Realization of value,
BENEFIT OF IMPELEMENTATION AND CERTIFICATION
Increased ability to manage uncertainty,
Increased growth, revenues, profitability, and competitiveness,
Reduced costs and waste, and increased productivity and resource efficiency,
Improved sustainability and resilience,
Increased satisfaction of users, customers, citizens, and other interested parties,
Sustained renewal of the portfolio of offerings,
Engaged and empowered people in the organization,
Increased ability to attract partners, collaborators, and funding,
Enhanced reputation and valuation of the organization,
Facilitated compliance with regulations and other relevant requirements.
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