PD CEN/TS 16555-1:2013

What is PD CEN/TS 16555-1 - Innovation management system about?

PD CEN/TS 16555-1 is first part of the multi-series standard that provides guidance on establishing and maintaining an innovation management system (IMS). PD CEN/TS 16555-1 is applicable to all public and private organizations regardless of sector, type or size.

PD CEN/TS 16555-1 provides guidance on:

• Understanding the context of the organisation
• Establishing the leadership and commitment of top management
• Planning for innovation success
• Identifying and fostering innovation enablers/driving factors
• Developing the innovation management process

Who is PD CEN/TS 16555-1 - Innovation management system for?

PD CEN/TS 16555-1 on establishing and maintaining an innovation management system is useful for:

• Managers
• Researchers
• Academia
• The development teams
• R&D teams

Why should you use PD CEN/TS 16555-1 Innovation management system?

Innovation is the implementation of a new or significantly improved product, service, process or working practice. This includes new marketing methods and business models.

The aim of PD CEN/TS 16555-1 is to guide organizations to introduce, develop, and maintain a framework for systematic innovation management practices, and Innovation Management System (IMS).

Implementing a PD CEN/TS 16555-1 system provides several benefits to an organisation, for example, it:

• Enhances growth, revenues, and profit from innovations
• Brings fresh thinking and new value to the organisation
• Proactively captures value from a better understanding of future market needs and possibilities
• Helps identify and mitigate risks
• Taps into the collective creativity and intelligence of the organisation