ISO for Innovation Management, ISO 56000,  formerly known as ISO 50501, launched in early 2018. This is an ambitious standard for ISO to take on considering the often ambiguous nature of innovation metrics and lack of a consensus definition of what innovation even means. Organizations by design need standard operating procedures (SOP) to build reliable [...]

Artificial intelligence, automation, and robotics have transitioned from being a hot topic to a reality in the business world. AI drives business value, but success requires more than just switching processes from manual to automated. In our previous blog on How to Prepare for the Future of Work, we talk about identifying trends and preparing [...]

Innovation methodologies are not all the same, and they help businesses generate innovation in different ways. This is similar to the different types of project management methodologies, for example agile vs. waterfall. Like the traditional waterfall method, companies have long favored innovation methods with sequential stages that act like a funnel for implementing ideas. However, [...]

Click here to download this article in PDF format. What’s Your New Year’s Innovation Program Resolution? Don’t stagnate. Innovate. That’s the innovation  mantra for 2020 as the New Year rapidly approaches. Indeed, it’s the fourth quarter, and everyone is in planning mode—and rightfully so. Companies are innovating at never-before-seen paces, competition is growing exponentially fiercer, [...]

Every business in the world started the same way: with an idea. Transforming an idea into a business is where the journey begins. Sometimes it is difficult to imagine corporate giants like Walmart opening their doors for the first time, but every business started small. No organization turns into such a large success overnight, and [...]

It can be easy to slip into the mindset of “if it’s not broke, don’t fix it.” In the business world, this can mean halting innovation or holding your company back from a culture of continuous improvement. Although there may be many reasons why innovation has not been fully integrated into your business, there are [...]

Creating a culture of continuous improvement within your organization is not something that happens in one step. Innovation is a process much like an ongoing journey for your business. Fostering an innovative culture is one part of the process, but developing a new system of record for innovation is also very important. Just like the continuous improvement [...]