#125 What are the benefits of ISO 9001?

Currently, there are around 1,077,884 valid ISO 9001 certificates globally – which beats the second runner, ISO 14001, by over 600,000!

There is no doubt that the Quality Management Standard, ISO 9001, is still the most widely adopted ISO Standard – and for good reason!

ISO 9001 is basically a model for running a successful and profitable business. It provides a common framework for things that all businesses should have in place, including defining your companies unique ‘way of working’.

In addition to being a blueprint for a business’s operation, there are many other benefits to be gained from implementing ISO 9001. Today, Mel explains a few of these benefits in greater detail.

You’ll learn

  • What is ISO 9001?  
  • Why Implement ISO 9001?  
  • The benefits of ISO 9001

Resources

In this episode, we talk about:

[00:30] Why talk about ISO 9001 benefits? Often times, Mel gets asked for benefits of ISO 9001 so a business case can be put forward.

[01:00] What is ISO 9001? For a detailed break down of the Standard, go back and watch ‘Episode 36 – What is ISO 9001?’

[01:45] For those that have Implemented ISO 9001, what are the benefits? We’d love to hear from you! If you have some stories to share – feel free to leave a comment on which ever media player you’re listening on – or email us. We’d love to share some of your experiences in a future episode.   

[02:09] Benefit #1: Win new business – From a sales and marketing perspective, ISO 9001 is essentially a passport to trade. It demonstrates credibility to Stakeholders as it’s a mark of quality.

[02:55] Benefit #2: A framework that can fit any business – This can be for any industry sector and business size. It helps businesses figure out what is working well and what’s not working so well.

[03:10] Benefit #3: Identify opportunities for Improvement – It helps businesses figure out what is working well and what’s not working so well. It can help identify issues such as: Bottlenecks in processes, resourcing and external factors.

[04:05] ISO 9001 helps you to look at your business – warts and all. It does no one any good to bury their head in the sand and ignore issues, especially as Stakeholders and clients will see through this.

[04:40] Benefit #4: Put quality controls in place to mitigate risk and raise your standards – If you have complaints or need to do a product recall – you need processes in place to handle this. ISO 9001 gives you the tools to do so, creating an effective framework everyone can follow.

[05:40] Benefit #5: Improve efficiency – ISO 9001 helps you identify the best way of working and pushes you to optimise that. That could include eliminating aspects of you business that waste time, or create burdens.

[06:05] Benefit #6: Creating a unique Blueprint – ISO 9001 isn’t an out of the box solution – it can be tailored to your way of working. It helps to establish relevant Policies and Procedures that improve your business operations.   

[06:24] Benefit #7: Enhancing customer satisfaction and employee retention – Good quality business practices will inevitably help you to keep ahold of good clientsand good employees too! This can be achieved by having clear roles and responsibilities in addition to vision and goals for the business.

[07:20] Benefit #8: Increase profitability – Businesses often look at the cost of poor quality – where is your business leaking money? Addressing those issues is a direct cost saving.

[08:21] Businesses who have grown through acquisition often find ISO 9001 a great tool to help standardise their way of working, so they can easily integrate other businesses and services.  

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#125 What are the benefits of ISO 9001?

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