TORONTO, ONTARIO – Humber College has been selected as the designated Canadian educational provider by Innovation 360.

Innovation 360 Group AB, a Swedish-based Innovation Solutions Firm, helps organizations become innovation ready through a data-driven methodology and a suite of tools for innovation management. The methodology, founded by Magnus Penker, is built on science and based on 100 years of research and current thinking.

It is the world’s largest framework and tool suite for online analysis, design, implementation, and execution of innovation management in any kind of organization. The methodology has been developed and refined by practice in organizations and leveraged by experts globally in 105 countries. Companies that leverage Innovation 360's methodology and tools to align their capabilities to their strategy can expect a 20-25% increase in annual growth and up to 30% faster product and service development.

“Building innovation capacity has never been more important and as the designated Canadian education provider of Innovation 360, Humber will be able to give partners a competitive edge,” said Rani Dhaliwal, senior vice president, transformation and strategic partnerships, Humber College. “Through exclusive access to a suite of innovation tools, expertly trained staff will work with businesses to assess, and quickly focus resources and strategy on achieving goals.” 

Through this collaboration, Humber’s partners will benefit from Innovation 360’s AI platform, Sherlock, which is able to uncover hidden concepts within the world’s largest database of innovation data from more than 5,000 organizations. These important insights along with access to the innovation management assessment and benchmarking tool, InnoSurvey®, will help partner organizations gain market share and advance their strategic priorities.

"It is a great pleasure to have established a strong educational partnership between Canada and Europe,” said Magnus Penker, CEO and founder of Innovation 360. “It is vital to address cultural, leadership and capabilities for innovation management in a scientific way, laying the foundation for today and tomorrow, reshaping and revisioning how we tackle the great, grand challenges we face as a society."

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About Humber College Institute of Technology & Advanced Learning
Humber College is focused on our students’ future. As a global leader in polytechnic education, Humber students receive in-depth theoretical learning and hands-on experience with applied research and extensive industry connections. Humber provides career-focused education to more than 33,000 full-time and 23,000 part-time and continuing education students across three campuses. A comprehensive range of credentials including honours undergraduate degrees, Ontario graduate certificates, diplomas, apprenticeships and certificates, prepare career-ready global citizens to move seamlessly from education to employment. More than 86 per cent of Humber graduates are employed within six months of completing their studies. Visit humber.ca.

About Innovation 360 Group®
Innovation 360 Group's mission is to help organizations all over the world to assess and strengthen their innovation capabilities for sustainable growth and profits. Innovation 360 Group helps organizations sharpen their innovation capabilities, generate and re-innovate their value propositions as well as speeding up their global go-to-market projects through innovative strategy, business and organizational development. This is done by means of research-based innovation assessments and interactive online tools, based on Innovation 360's global innovation database and research in the innovation arena.  For the past five years, Innovation 360 has been on the committee for the international standard for Innovation Management, the ISO 56000 series, and has contributed to shaping this standard.  Innovation 360 has sites in Stockholm, New York, Toronto and Sydney. Find out more about Innovation 360 at www.innovation360.com.

For more information:
Nadia Araujo 
Media Relations and External Communications Specialist 
Humber College Institute of Technology & Advanced Learning 
nadia.araujo@humber.ca | 416.580.1364

For more information:
Julia Doria
Managing Director & Co-Founder, US
Innovation 360 Group
Julia.doria@innovation360group.com | 347.403.0333
www.innovation360.com