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Here I am watching NEW Through the process of improving the process. The value of most organizations is determined by their intellectual capital rather than by their physical assets. Your organization's intellectual capital can be traced through process maps that enable your business operations.
The innovation of the process is not accessible if you do not already have special process maps. Without the maps of the process consisting of predetermined procedures, it is impossible to discuss the measurement and improvement of business operations.
Maturity in business practices is achieved when acting according to the predetermined maps of the process. For example, you can only improve your human resources practices when already following predetermined processes for employment employment and keeping. Similarly, you can improve your customer serviceMarketing, developing products or other practices, depending on your business context, only when you already have special process maps to follow.
An effective business practice is what meets the requirements of all stakeholders, including your staff, shareholders, suppliers and regulators. Innovation means meeting the requirements of business operations through effective process maps consisting of efficient procedures.
Connected: The power of innovation
Implementation of an innovation management system
Implementation of ISO 56001 provides an organization with a structure that enables constant innovation Through iterative remarriage of business processes within the given area of practice.
ISO 56001 is the standard of requirements for implementing an innovation management system based on the best global practices. It empowers entrepreneurs and businesses to respond to changes in their market in a timely manner and maintain sustainability.
First of all, you need to change your opinion, as innovation does not mean creating a completely new concept from scratch or developing something that people have never heard before. The innovation is about turning existing products into a unique solution to address a real -world problem.
Be one innovative business or the entrepreneur is a must in modern economies. The innovation is no longer an additional feature to distinguish businesses – it's a must. Without innovation, there is no business. As an entrepreneur, you need to structure your business venture by integrating the supporting principles of innovation into your governance policies and practices.
Innovation supporting principles promote continuous improvement in your business operations, which is now essential to survival. When I say constant improvement, I mean that innovation is not something extraordinary or inaccessible – even minor changes in business practices that lead to greater efficiency and effectiveness to qualify as innovation.
The highest principle of innovation-supporting is a approach in business entrepreneurship, from output conception. A systematic approach means performing operations using sustainable, conforming and predetermined process maps.
Implementing an innovation management system, ISO 56001, is the first step in following a systematic approach. Implementing an innovation management system adds structure to your business, creating a structured business enterprise that operates systematically in continuous improvement.
The boundaries of an innovation management system lie within a practical field (eg, human resources). From a systematic point of view, a practical field consists of processes that enable practice. The predetermined processes are those that design the procedures that enable the process. These procedures are associated with different types of actors, including internal human resources, car -based services and suppliers.
While an innovation management system operates based on the PDCA Cycle (ACT-Control) when integrating into your business entrepreneurship, business practices will be structured to ensure sustainability through the PDCA cycle. This PDCA approach is the skill of the principle of continuous improvement and will ultimately enable innovation in your business operations.
Connected: Power of continuous innovation – and 3 easy ways your company can achieve it
Risk administration
An innovation management system is driven by the risk for continuous monitoring of the conformity of business practices with the requirements of those who have an interest in your business.
Risk administration In the context of an innovation management system it involves ensuring the matching of each procedure and the whole process with the requirements of the relevant business operations. The way in which improving each procedure can lead to a more efficient execution of its respective process, resulting in a more effective fulfillment of a requirement, is an innovation -based risk control.
The system enables effective risk management by applying innovative process mapping to business practices, helping maintain your competitive advantage.
A systematic approach to process innovation
Innovation management system, in the context of improving the process, strengthens you to repeatedly follow innovation through a systematic approach, from identifying opportunities for improvement to setting solutions in the form of enlarged process maps.
Identifying opportunities is made possible when you have a full understanding of the requirements that your business operations must meet within the limits of target business practice. Current processes procedures must be traced to all internal, external and Regulatory requirements that must be met.
The gaps must be identified by ensuring the importance of each procedure. By cascading the requirements and maps of their respective process against each other, you can identify alternative procedures and flows that can improve a map of the process.
The next step in this repetition is the validity of the concept, where you evaluate the map of the process resulting from the first step for compliance with the maps of other processes that support the relevant practice to identify any incompatibility.
A valuable process map should be developed as a new component to integrate into the field of relevant practice. In this step, all the inputs and results they enable, as well as the interfaces required in other processes, must be identified and related to the process map.
The last step is setting, where you integrate the new process map into your practice area and optimize the practice by ensuring that the expanding process cooperates smoothly with other processes.
As part of the implementation of an innovation management system, you need to develop an innovation portfolio, which, in our context, refers to the innovative maps of the process. This portfolio will serve as a warehouse for your process maps. These maps are intangible assets, and there are standard methods for evaluating and earning the money of such assets. Moreover, innovative processes have the potential to be patented.