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2024 beckons us to embark on our own odyssey, a transformative voyage into the heart of corporate innovation. As we peer into the abyss of AI’s limitless potential, we must equip ourselves not only with agility but with structured methodologies, visionary strategies, and a commitment to professional standards.
Enabling Agility to Meet Evolving Business Needs Industry and business changes may be driven by emerging technology, economic headwinds, customer demands, internal pivots – or a mixture of all the above. All rights reserved. [1]
In 2022, 20% of companies surveyed were ‘innovation-ready’, but in 2023, that figure had dropped to 9%, and in 2024, has dropped to a staggering 3%! With increased competition, rapidly changing technology, and evolving customer expectations, organisations must become more agile, collaborative and adaptable.
One surefire way is to become certified for ISO 56001 , an internationally recognized certification standard for Innovation Management Systems (IMS) that is scheduled for release in 2024. Innovators must be agile and adaptive, ready to pivot and make adjustments as needed to stay on course towards their innovation goals.
The PMO’s Guide to ISO 56001 ISO 56001, the standard for innovation management systems, isn’t merely a shiny badge of honor. Think of it as a set of practices ingraining innovation deep within the fabric of the organization. By embracing ISO 56001, PMOs are not only transcending agility but also professionalizing innovation.
These include cultivating a culture of innovation with an openness to change; committing to seeing projects through; and implementing a system that yields sustainable, consistent, and reliable results. I help organizations build a sustainable culture of innovation. Follow me on Twitter or LinkedIn.
. #8 – Innovation as a Response to Market Changes The ability to innovate in response to market changes is a critical competitive advantage. 7 – Continuous Learning and Adaptation Innovation is not a static process; it requires continuous learning and adaptation. Follow me on Twitter or LinkedIn.
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