Office of Research & Innovation 2020-2021 Annual Report

Page 26


Innovation360 Humber College has been selected as the designated Canadian educational provider by Innovation360 Group, which supports our strategic priorities. In 2020, we signed a Memorandum of Understanding with Innovation360 Group AB, a Swedish-based Innovation Solutions Firm. Innovation360 helps organizations become innovation-ready through a datadriven methodology and a suite of tools for innovation management. Innovation360 Group’s research-intensive innovation assessments and metrics are derived from InnoSurvey®—their proprietary innovation database (all data stored in Sweden). Innovation360’s InnoSurvey® draws insights from the world’s most comprehensive database of innovation projects, now including more than 5000 companies in 105 countries. Conducting Innovation360 assessments supports establishing strong, sustainable collaborations with industry, community, international and alumni partners that create unique learning experiences for our students and reciprocal benefits for our partners. Innovation360 represents a significant opportunity to deliver on our mission to lead, transform, and differentiate by improving Humber’s internal capacity to innovate and build innovation capability with students, alumni, and partners. Below is a brief introduction to this framework: Why do you innovate?

What do you innovate?

Strategic Question Market? Profit?

Type of Innovation Product Processes Organizational Structures Management System Production Business Model Services

Type of Innovation Strategy Incremental Radical Innovation Strategy Need seeker Market reader Technology-driven

How do you innovate? Leadership Style Cauldron Spiral Staircase Fertile Field PacMan Explorer Capabilities (66) Lens: 16 Aspects Lens: 10 Personas Lens: Innovation Process: Ideation Selection Development Commercialization

Where? When? Who?

Figure 3. The Innovation360 Group’s Innovation Framework (Source: Penker, 2011)


Turn static files into dynamic content formats.

Create a flipbook
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.