Document Details
Name of Department/Committee : MSD 19
Document Number : MSD 19 ( 25341)
Document Title [English] : Innovation Management Tools and Methods for Managing Opportunities and Ideas Guidance
Document Title [Hindi] : नवोन्मेष प्रबंध — अवसरों और विचारों के प्रबंधन के लिए उपकरण और तरीके — मार्गदर्शक
Document Type : New
Language : English
Priority : 3
ICS Code : ICS 03.100.40; 03.100.01
Date of Project Approval : 14-02-2024
Standards to be Superseded :


Classification Details
Group : Management systems/services and corporate social responsibilities
Sub Group : Human Resource & Innovation Management
Sub Sub Group : Innovation Management
Aspects : Others
Risk : None
Certification : None
Short Commom Man's Title : Innovation Management
ITCHS Code :
Ministry :
Sustainable development Goals :
Degree of Equivalence : Identical under single numbering
Identical/Equivalent Standards : ISO 56007:2023
Organization Type: ISO

Sl.No. Synosis Points
1 This document provides guidance on managing opportunities and ideas by:
2 — explaining the reasons for and the value of managing ideas effectively;
3 — describing how to prepare for front end innovation activities;
4 — addressing people and organization issues, including innovation leadership, culture and strategy;
5 — detailing innovation activities and their interrelationships;
6 — outlining activity and process evaluation considerations that are important for innovation success.
7 A sub-set of processes are addressed as described in ISO 56002, i.e. identifying opportunities, creating concepts, and validating them. The activities within these processes, when managed together, bring forward viable innovation concepts for development. Developing these innovation concepts into solutions and deploying these solutions is addressed by ISO 56002 and is outside the scope of this guidance document.
8 This document provides guidance for any innovation type along the continuum from incremental to radical innovation, as defined in ISO 56000.
9 This guidance is intended for:
10 — any user involved in innovation, whether for an organization or individual;
11 — any organization type or scale;
12 — any understanding of value creation and realization, whether for profit, social impact, changes in strategic direction, or any other purpose.
13 This document can help organizations to systematically manage their opportunities and ideas to realize greater value from front end innovation activities to arrive at go/no–go decisions for development. There is no one method or set of tools for use in all situations. Choice is impacted by a range of related considerations to be addressed in this document.

Timeline Details


S.No. P-Draft
Completion Date
WC-Draft
Completion Date
Final-Draft
Completion Date
Project
Completion Date(Gazette)
Entered By Entered On
1 22-04-2024 22-09-2024 07-12-2024 22-04-2025 SHRI ASHISH VASANTRAO UREWAR 22-04-2024
Stages
Sl.
No.
Stage Date of Occurence Remarks Circulated to Files
1 Generation of Document Number 14-02-2024 -------
2 P-Draft Waived 22-04-2024 -------
3 WC Draft 23-04-2024 Duration : 60 Days
Submitted for HOD approval
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