Benefits Of Implementing Iso 20252 Market Research Management System

By Author: Smith
Total Articles: 39
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Market research helps to decrease risk. Good quality research delivers information and understanding, which permit users to more efficiently value alternatives and make well decisions. Market research analyses are the go-to solution for many professionals embarking on a new business venture as they save time, and help to improve and skill up strategy. So, when companies report market research results that aren’t based on sound research principles, they are not decreasing risk; in fact, they may be inadvertently increasing it. ISO 20252:2019 Market, opinion and social research, with insights and data analytics – Vocabulary and service necessities, sets out supervision and requirements relating to the way in which market research studies are planned, carried out, controlled, and reported to clients commissioning such projects. It will inspire constancy and transparency in the way surveys are carried out, and assurance in their results and in their providers.
The global research quality standard delivers a framework to:
• Confirm timely delivery of quality services.
• Expand operational management and ...
... control of research processes.
• Decrease errors and rework.
• Improve user reputation and deliver a competitive advantage.
ISO 20252 is a must have for the market research industry. The world over – companies, governments, research institutes, customer associations, universities, and marketing and advertising agencies – will advantage by having global compatibility, traceability and constant improvement. It will allow clients to gain globally compatible, comparable and homogeneous feedback and make better-informed choices of service providers.
The benefits of Implementing ISO 20252 Market Research Standard:
International Recognition: ISO 20252 is recognized worldwide as the authority on quality management. The ISO 20252 Market Research Standard is accepted and, in some cases, essential globally.
Global Management: ISO delivers a tool for managing global offices, multiple project teams, and outsourced suppliers to a level of quality constant with company protocol.
Risk Mitigation: A documented ISO quality system manages variables and delivers “proof” of adequate controls including data protection and security addressing EU-US Privacy Shield, and other requirements and client concerns.
Improved Revenue: ISO 20252 certified companies experience improved productivity and enhanced financial performance, associated to non-certified companies. This is due to less re-work, enhanced employee production and greater client satisfaction.
Increased Efficiency: Companies that go through implementation create a Research Process Management System which maximizes quality and competence. Once certified, the processes are established and guidelines in place for anyone to follow easily, making training, transitions, and trouble-shooting easier.
Employee Morale and Training: Defined roles and responsibilities, accountability of management, recognized training systems and a clear picture of how their roles affect quality and the complete success of the company, all contribute to more satisfied and motivated staff and ease of training new recruits.
Supplier Relationships and Control: As more processes are outsourced for competence and to access data in global markets, supplier relationships and quality control are gradually critical to producing correct and actionable data. ISO 20252 certification requires a company to have measures in place to confirm that a supplier understands the requirements of the ISO 20252 research standard.
Easier Route to ISO 20252 Certification: ISO 20252 Consultancy for Market, Opinion and Social Research guides an organization on how to implement the best 20252 system in the organization, delivers training for system awareness, and creates documents for the ISO 20252 certification. Being certified to the ISO research standard permits a company to more easily certify to ISO 27001 since both require a management system with comparable components.
Documentation: The Research Standard needs ISO 20252 documents of all processes and any changes, errors and discrepancies. This confirms consistency throughout production and accountability of all staff.
Constancy: All processes, from cost quotation to customer deliverables are defined, outlined and documented, minimizing error. Change management is also documented, confirming that competence is maximized.
Credential: ISO 20252 certification delivers third-party proof of quality commitment and a respected point of differentiation in the marketplace.
Punyam Academy was formed to deliver ISO 20252 lead auditor training and certification services globally to market research companies in order to assess their compliance with the applicable components of ISO 20252 and make a determination regarding certification.