Questions & Answers
What is CEN/TS 16555?▼
CEN/TS 16555 is a series of European Technical Specifications published by the European Committee for Standardization (CEN) starting in 2013. It provides a comprehensive, non-prescriptive framework for establishing, implementing, and maintaining an Innovation Management System. As a precursor to the globally recognized ISO 56000 series, particularly ISO 56002, it was the first standardized guidance on managing innovation systematically. The series covers key aspects such as the core management system (16555-1), strategic intelligence, innovation thinking, intellectual property management, and collaboration. Within enterprise risk management, it addresses the 'upside of risk'—opportunity. By structuring the innovation process, it helps organizations mitigate the inherent uncertainties and risks of failure in innovation, ensuring that resources are channeled effectively towards creating tangible value.
How is CEN/TS 16555 applied in enterprise risk management?▼
Although superseded by ISO 56002, the principles of CEN/TS 16555 remain highly relevant for applying systematic innovation management to mitigate risks and seize opportunities. A practical implementation involves three key steps: 1. **Context and Strategy Definition**: Aligning with CEN/TS 16555-1, the organization first analyzes its internal and external context to define an innovation vision and strategy. This includes identifying key risks (e.g., disruptive technologies) and opportunities, integrating them into the strategic plan. 2. **Systematic Process Implementation**: Design and deploy structured processes for ideation, concept development, and commercialization. This involves applying principles from parts like 16555-4 (IP Management) to protect intangible assets and reduce legal risks. 3. **Performance Measurement and Improvement**: Establish key performance indicators (KPIs) to track effectiveness, such as 'revenue from new products' or 'time-to-market reduction' (e.g., aiming for a 15% decrease). Regular reviews based on these metrics, following the Plan-Do-Check-Act cycle from ISO 56002, enable continuous improvement and ensure the system's ongoing relevance and efficiency.
What challenges do Taiwan enterprises face when implementing CEN/TS 16555?▼
Taiwanese enterprises, particularly SMEs, face several challenges when implementing frameworks like CEN/TS 16555 or ISO 56002: 1. **Resource Constraints**: Limited budgets and a lack of dedicated personnel for innovation management. Solution: Adopt a phased approach, starting with a small-scale pilot project to demonstrate ROI. Leverage government grants for R&D and innovation. 2. **Risk-Averse Culture**: A corporate culture that prioritizes operational efficiency and penalizes failure can stifle experimentation. Solution: Leadership must champion a 'fail-fast, learn-fast' mindset, creating a psychologically safe environment and rewarding innovative efforts, not just successful outcomes. 3. **Lack of Systematic Processes**: Innovation often relies on a few key individuals rather than structured, repeatable processes. Solution: Conduct a gap analysis against the ISO 56002 framework to identify weaknesses. Implement standardized workflows and a knowledge management system to capture and share learnings. The first priority is securing top management commitment to drive cultural change.
Why choose Winners Consulting for CEN/TS 16555?▼
Winners Consulting specializes in CEN/TS 16555 for Taiwan enterprises, delivering compliant management systems within 90 days. Free consultation: https://winners.com.tw/contact
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