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Innovation is the key to staying ahead of the competition and meeting the ever-changing needs of customers. To be successful, organizations must be able to effectively manage their innovationprocesses, from idea generation to commercialization. The process should entail a natural grading of your current innovation ranking.
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.
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. In fact, according to Forrester , organizations with a future-fit strategy—one underpinned by systematic innovation—grew revenue 1.8
Mark your calendar; 2024 is the year when Innovation Management takes a giant leap forward with the introduction of ISO 56001. This long-anticipated standard is set to revolutionize how organizations conceive and bring innovations to market. Instead, it’s a framework designed to enhance the innovationprocess.
The most successful organizations are those that are constantly learning from their experiences, both successes and failures, and using these insights to refine their innovationprocesses. Adhering to such standards will help organizations align their innovation efforts with their business strategy and objectives. #2
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