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Purpose

The purpose of this paper is to identify and classify potential and verified benefits of implementing quality management systems (QMSs) according to ISO 9000 standards.

Design/methodology/approach

The research is based on a comprehensive review of the relevant literature, mostly articles relating to implementation of the ISO 9000 QMS and its impact on customer satisfaction and business performance.

Findings

The literature adduces possible benefits of the effective implementation of the ISO 9000 QMS and searches for related support in published empirical research. The paper classifies the major identified and empirically verified benefits into four groups in relation to the balanced scorecard (BSC) approach to categorising company objectives. It also relates the potential benefits to specific standard requirements and the pre‐conditions that must be met in the implementation stage of the ISO 9001 in order to attain these benefits.

Research limitations/implications

This study of the benefits has not focused on the standard releases, so the benefits are not shown separately for each release. Besides, there is less research on the latest releases (from 2000 and 2008) and thus perhaps none of their benefits has been recognised.

Practical implications

By discussing the standards' requirements and the implementation approaches and circumstances that may impact on the effectiveness of the introduced QMS, such as motives for introducing the QMS and the strategic approach to its implementation, it tries to help management build their QMS so that potential benefits are realised.

Originality/value

By aggregating the outcome of several research papers the paper paints a “big picture” of the business benefits of effectively implementing the ISO 9000 QMS, which could be a step towards further research and help management and practitioners in companies to develop their QMS.

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