The benefits of implementing standards – in hard figures

The benefits of implementing standards – in hard figures

Implementing standards consistently provides benefits for companies, regardless of their size, business sector or which country they are based in, according to a new collection of case studies by ISO, the world’s largest developer of International Standards for business, government and society. Among quantified benefits identified in the studies on using standards are the following:
·         Streamlining internal company processes
·         Decreasing waste and internal costs
·         Increasing the efficiency of R&D
·         Innovating business processes
·         Reducing risk
·         Enabling international expansion
·         Supporting development of new products and markets

The studies are compiled in the second volume of Economic benefits of standards – International case studies, recently published by ISO.

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