Industry Standards (e.g., ISO 9001)

Industry standards like ISO 9001 are formal guidelines that organizations follow to ensure their products or services meet consistent quality and safety levels. These standards help companies improve efficiency, satisfy customer needs, and demonstrate reliability. Think of them as a respected "recipe" or blueprint for best practices in a specific area. By adhering to standards like ISO 9001, companies show they are committed to maintaining high quality and continuous improvement, which in turn boosts customer trust and competitiveness in the marketplace.