Have you heard about ISO 50501?

iso 50501Well, let’s start with introducing you to the ISO itself.  ISO is an independent, non-governmental international organization with a membership of 163 national standards bodies (think: the United Nations for standardization with representatives from each country).

ISO goes on to say “through its members, it brings together experts to share knowledge and develop voluntary, consensus-based, market relevant International Standards that support innovation and provide solutions to global challenges.”

Well, what does that mean and what counts as a “standard?” ISO says that “they give world-class specifications for products, services and systems, to ensure quality, safety and efficiency. They are instrumental in facilitating international trade.” 

Basically, these standards helps us agree to minimum expectations for products and services, particularly when it comes to trade. So if someone says that a car seat is safe to French standards, you could believe that those standards have parity with American standards for safety, as well.

And now, the ISO is taking on the challenge of organizing some standards around innovation management. They haven’t released those guidelines yet, but they are due to come out in early 2018 and IdeaScale is already excited about what they see. They refer to this new standard as ISO 50501.

They’re looking to define standards that support business, public sector, and not for profit organizations in marketplace innovation, value chain innovation, process improvement innovation, organizational culture innovation, product and service innovation, as well as social innovation. This, of course, is a pretty tall order since innovation means so many different things to different people even within the same company.

But based on the available information so far, IdeaScale is proud to comply with information regarding ISO 50501 and will remain dedicated to ensuring future compliance as additional information is released. We want a global community of innovators who can trust the quality of innovation efforts.

To learn more about IdeaScale and ISO 50501, download our one-sheeter on the subject here.

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