ABSTRACT
ISO 56004 Innovation Management Assessment Standard points out that innovation is the key driving force for creating value from new products, services, processes, or business models for most organizations. It recognizes that many organizations already have established innovative management (IM) as part of their basic systems. There are internal and external driving forces and needs required to set the context for innovation and renewal. Innovation is an increasingly important contributor to the success of an organization, enhancing its ability to adapt to a changing world. ISO 56004 provides guidance for the establishment, implementation, maintenance, and continual improvement of an innovative management system for use in all established organizations. A standard-based framework for IMS can be seen as a vehicle for advancing both understanding and action within organizations and in collaboration with and learning from others. Organizations that are unhappy with their progress have many things in common.
