ISO CEN/TS 16555-1:2013 Certification – Innovation Management Systems | Accredify Global
Evolution of ISO CEN/TS 16555-1 Certification
ISO CEN/TS 16555-1 was developed by the International Organization for Standardization (ISO) to provide a structured framework for innovation management in businesses. First introduced in 2013, the standard focuses on systematic innovation processes to enhance competitiveness, efficiency, and sustainable growth.
With over 60% of businesses struggling with innovation strategy execution, ISO CEN/TS 16555-1 helps organizations streamline innovation, reduce risks, and drive long-term success.
What is ISO CEN/TS 16555-1 - Innovation Management Systems?
ISO CEN/TS 16555-1 is an international standard for Innovation Management Systems (IMS) that helps organizations:
- Develop a structured approach to innovation.
- Align innovation with business objectives.
- Encourage a culture of creativity & continuous improvement.
- Reduce risks in research, development, and implementation.
Who Needs ISO CEN/TS 16555-1 Certification?
ISO CEN/TS 16555-1 is valuable for businesses and industries aiming to enhance innovation, efficiency, and competitiveness, including:
- Technology & software companies.
- Manufacturing & industrial firms.
- Healthcare & pharmaceutical organizations.
- Financial services & banking institutions.
- Government agencies & research institutions.
- Startups & small businesses focusing on disruptive innovation.
Importance of ISO CEN/TS 16555-1 Certification
With businesses investing over $2 trillion annually in innovation, ISO CEN/TS 16555-1 ensures:
- 30% increase in R&D efficiency
- 40% faster time-to-market for new products.
- Stronger intellectual property (IP) protection strategies.
- Improved risk management in innovation projects.
ISO CEN/TS 16555-1 and Its Major Aspects in Business
ISO CEN/TS 16555-1 provides a structured innovation management framework, covering:
- Strategic innovation planning & leadership engagement.
- Risk & opportunity identification for new ideas.
- Collaboration & knowledge-sharing mechanisms.
- Innovation-driven business model transformation.
- Measuring and improving innovation performance.
The Principles of ISO CEN/TS 16555-1 Certification
The principles of ISO CEN/TS 16555-1 include:
- Innovation Culture – Encouraging creativity & problem-solving across all levels.
- Strategic Alignment – Ensuring innovation supports long-term business goals.
- Risk-Based Approach – Minimizing financial & operational risks in new ventures.
- Stakeholder Involvement – Engaging employees, partners, and customers in innovation.
- Sustainability & Scalability – Ensuring continuous, scalable innovation processes.
Checklist for ISO CEN/TS 16555-1 Certification
- Develop a structured Innovation Management System (IMS)
- Define clear innovation goals & success metrics
- Implement collaborative processes for idea generation
- Establish risk assessment & mitigation strategies
- Train employees on innovation methodologies & tools
- Implement emergency response plans
- Maintain records and documentation
Is ISO CEN/TS 16555-1 Certification mandatory or a legal requirement?
ISO CEN/TS 16555-1 is not legally required, but it is increasingly adopted by:
- Companies seeking competitive advantage through innovation
- Organizations applying for R&D funding & government grants
- Industries that require structured problem-solving approaches
Services
Benefits of ISO CEN/TS 16555-1 Certification
40% improvement in R&D efficiency & ROI.
Stronger intellectual property (IP) & patent protection.
Faster commercialization of new products & services.
Increased funding & investor confidence in innovation strategies.
Enhanced collaboration between teams & external partners.
Requirements of ISO CEN/TS 16555-1 Certification
Develop an innovation management framework.
Implement risk-based decision-making for new ideas.
Encourage cross-functional collaboration & knowledge sharing.
Measure & improve innovation performance continuously.
Ensure leadership commitment to driving innovation.
Cost of ISO CEN/TS 16555-1 Certification
The cost of ISO CEN/TS 16555-1 certification varies depending on the size and complexity of the organization. However, the investment can lead to significant energy cost savings and improved energy efficiency.
On average, ISO CEN/TS 16555-1 certification costs range from $8,000 to $35,000, including auditing and consultation fees.
PDCA Cycle | Accredify Global
- Plan – to think that what do we need to achieve in our organization
- Do – to execute a planned action which will help us achieve the required objective
- Check – monitor against the standards) (policies, objectives, requirements)
- Action – finally implementing what has been rechecked.
ISO CERTIFICATION. 3 STEPS. 30 DAYS. DONE !! | ACCREDIFY GLOBAL
Accredify Global, we follow a structured and transparent ISO certification process to help businesses achieve international compliance efficiently. Our streamlined approach ensures a hassle-free experience from initial consultation to final certification..
3. Audit Review & Certification
- Objective: Validate your management system through an external audit and achieve certification.
- Actions:
- Conduct an internal audit to ensure readiness for the certification audit, utilizing Accredify Global's auditing tools and resources.
- Schedule and undergo an external audit with Accredify Global's accredited certification body.
- Address any non-conformities identified during the audit with support from Accredify Global's consultants.
- Outcome: Successful certification and ongoing compliance with the ISO standard, with continuous support and guidance from Accredify Global.