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The Minister for Skills, Research and Innovation, Damien English (TD) launched new European standards in Innovation Management, which it’s hoped will assist Irish companies to manage their innovation processes.

Speaking at the launch in Dublin Castle on October 21st, Chief Executive of the NSAI, Maurice Buckley said the application of these standards to manage innovation “will assist organisations to move from an ad-hoc to a more focused approach.  This will ensure innovation is managed and concentrated on delivering value and the right product or service at the right time.”

The Minister for Skills, Research and Innovation Damien English said innovation is what is needed to drive the recovery forward. 

“As a Government we want to encourage firms to invent new products, new services and export their goods worldwide.  For Irish companies to compete all over the world they have to be the best at what they do and that means embracing innovation, embracing research.  But to do this they may need to change their work practices, change their management practices, and change the processes they are involved in.  These innovation management standards will assist companies in driving best practice, helping them to grow, expand and export into new markets.”

Managing Director of Dromone Engineering, William Egenton has been a pioneering advocate of the standardised approach to managing innovation and an adopter of the new European standards in innovation management.  Established in 1978, Dromone Engineering is now a leading Irish company manufacturing hitching technology excavator attachments for both the agricultural and construction markets. The firm currently employs 100 people and exports to 39 countries worldwide.  

“We’ve been going through this process for the past three years,” said William Egenton. “It’s enabled us to bring some very innovative products to the market. 40% of existing sales are coming from new innovations and an even higher percentage is coming in our construction product lines as a result of innovations that have been through this process. Most definitely, using the standard and the structures around that has enabled us to strengthen the business,” Mr Egenton added.

International developments

47 international standards experts, from 12 countries worldwide, representing the members of the International Standards Organisation (ISO), gathered in Dublin between October 20th – 23rd 2015, to develop international standards for Innovation management.  The European standards will be a contributing input into the development of the international standards which will ultimately lead to the development of global standards for innovation management, that can be used by firms around the world.

The experts held discussions at the National Standards Authority of Ireland offices (NSAI) in Santry, Dublin.

For further details, check out the website or follow us on twitter @NSAI_Standards