Why is a recession the perfect time to ISO certify the company?
ISO certification is an important tool that helps companies increase competitiveness, maximize product quality and reduce costs.
It is a great tool for entering new markets, increasing customer confidence and meeting environmental and health responsibilities.
ISO certification can also help companies manage risk, improve internal processes and seize new opportunities.
It is an excellent tool for accessing capital and financing and attracting new competent staff.
ISO certification is also an important tool to increase the competitiveness and attractiveness of the company during recessions.
10 reasons
Here’s our list of 10 reasons why a recession is the perfect time to pursue an ISO certification.
Improved competitiveness
ISO certification is a competitive advantage that gives the company an advantage over competitors. It is an important tool that improves the competitiveness of the company and allows access to new markets. The benefits of ISO certification include, among other things, preventing failures, increasing product quality, and reducing costs. ISO certified companies also have lower insurance premiums and better bargaining power with suppliers and subcontractors.
Increased quality and efficiency
ISO certification means that the company spends a lot of time and energy ensuring that products and processes meet high standards. This leads to higher product quality and more efficient processes, which in turn provides increased value for customers. ISO certification also helps the company manage compliance and quality control in a structured way.
Increasing competitiveness in new markets
One of the benefits of ISO certification is that the company can enter new markets and gain access to a larger customer base. Companies can also enter new industries that require ISO certification to gain market access.
Increased trust and loyalty of customers
ISO certification gives the company recognition that shows that they meet high standards. This leads to customers having greater trust and loyalty for the products and services offered by the certified company.
Improved product quality and cost savings
ISO certification provides the company with a systematic approach to control and improve product quality. It also helps the company keep costs under control and reduce them. Increased product quality means that the company can charge higher prices for its products, which also leads to increased revenues.
Increased responsibility towards the environment and health
ISO certification provides the company with a path to meet environmental and health responsibility regulations. This helps the company meet its environmental and health responsibilities, which leads to competitive advantages as it is a requirement in many markets.
Improved risk management and compliance
ISO certification provides the company with a systematic approach to managing risks and complying with laws and regulations. It also helps the company meet internal and external requirements. Such advantages allow the company to manage risks effectively and achieve better business results.
Improved internal processes and continuity
ISO certification provides the company with a systematic way to structure and strengthen internal processes. It also helps the company maintain continuity and quality and reduce the risk of mistakes.
Attractiveness of new staff
ISO certification gives the company recognition that shows that it is a well-established company. It also increases the attractiveness of attractive new staff.
Increased availability of capital and financing
ISO certification gives the company recognition that shows that it has good quality and high business continuity. It also helps the company access capital and financing, which is very valuable during recessions.
Conclusion
As you notice, there are many good reasons to undertake a certification even in tougher times.
Would you like to discuss more?
Feel free to contact us, we have done this many times before in several different business cycles.