A guiding framework
An Innovation Management System is a guiding framework for all types of companies and other organizations that want to strengthen their innovation capabilities. It is a check list, based on a systems approach, of what the organization should consider implementing given its overall innovation ambitions and abilities. The guiding framework is generic and adaptable and does not prescribe specific tools or methods.
There are seven key elements in the framework: context, leadership, planning, support, operations, evaluation, and improvement.
Guidance for innovation management system has been developed by CEN at the European level and the first specification was published in 2013: CEN/TS 16555-1 Innovation Management System.
The world’s first guiding international management system standard has been developed by ISO, the International Organization for Standardization, with about 50 participating countries. ISO 56002:2019 Innovation management system – Guidance was published in July 2019.
Why is it important?
A globally agreed guiding standard for innovation management will establish a common terminology and a credible reference framework, including innovation management principles. This will help managers to understand what innovation is and what it takes to effectively manage innovation activities. Companies and organizations can adopt a systemic and systematic approach to address their innovation challenges that will increase the likelihood for success.
The guiding framework is compatible, and can be integrated, with management systems in other areas, such as quality and environment, in the organization. It also provides the basis for consultants offering innovation management services.