Innovation 360 Frequently Asked Questions

Innovation 360 Licensed Practitioner

You need to have 2 years of experience as management consultant, demonstrate solid business acuity, and interview with a representative of Innovation360.  Be prepared to submit to a background check and to provide references. You also need a sponsor, employment, or your own firm (exceptionally, this can be disregarded, but in that case, 25% VAT applies to all accreditation invoices issued from the Swedish headquarters).

As an active external consultant, simply because you will earn more money by being equipped with the most advanced methods, tools and data, as well as being recognized through the Innovation360 brand as an Innovation Expert. You can entitle your self Innovation 360 Licensed Practitioner.
As an internal consultant, simply because you can create more value in a shorter time and are less dependent on external consultants saves your company substantial time and resources.
Also, you will be a part of a global community, find peers to work with and demonstrate your skills by earning our digital certificates (also called professional certificates).
As an accredited Innovation 360 Licensed Practitioner, you also have access to free expert webinars, pre-sales support, consulting support, and endless templates and material.

You can be an external consultant or an internal consultant.  Many companies choose to accredit their internal consultants.  If you are an internal consultant, reselling our tools (like the ideation platform), you can either allocate your reselling discount as a profit to your P&L account internally, or use it as a discount for your organization.

No, we do not provide you with business or leads, we simply provide the very best solution for Innovation Management systems. While we cannot guarantee business, we will share our winning marketing tools and original lead generation format, Innovation360 Group®️ Circles. This is an event model where, on average, 20% of attendees will become clients within 12 months. We also provide ongoing tutorials, webinars, case studies, and other sales and marketing tools.

In many parts of the world, this will be illegal. We are a global company dedicated to the highest standard of doing business and therefore we cannot breach any compliance rules or local laws. In our experience, the Licensed Practitioners who are growing their business are the ones who are the most collaborative on a local level. Our main competitor is the knowledge on the market, not other consultancy firms or consultants.

The one who runs the most Innovation360 Group®️ Circles and engages with our tools. All LPs get a Success Score and a personalized success plan to support you journey.

Yes, this is available to Licensed Practitioners at the level of IMGB Innovation Management Green Belt™️and above.

Yes, just like how Cisco, Microsoft, Oracle and other organizations with advanced technology do so.  We need to provide the best instructors for the accreditation process, active individuals developing the methodology and be able to provide pre-sales support to our global Licensed Practitioners. Our philosophy is to act global with local resources where the Licensed Practitioners are the local resources relying on a central body.  The central body, Innovation360 Group, is not just delivering tools, methodology, data, pre-sales support, but also representing and actively driving the development of the ISO 56000, publishing books, papers and other important content together with Licensed Practitioners to jointly grow the market.

Yes. Based on our experience, most Licensed Practitioner’s call expert consultants from Innovation360 into their own projects at some point. Many use information from client cases of Innovation360 in their own sales materials.

Yes. We actively help our Licensed Practitioners to connect with one another through your personal Key Account Manager to ensure that you get in contact.

We apply the engagement rules for Martial Arts.  When you reach the Black Belt level, you will be invited to contribute and develop the art of innovation and depending on your achievements, occasionally, you will be rewarded with the next Dan of your Black Belt.

Innovation 360 Certified Partner

A Certified Partner is an organization we partner with that can use our Certified Partner logotype. To apply to become a certified partner, your firm will need to have at least two employees accredited as Licensed Practitioners. The costs to become a Certified Partner and Licensed Practitioner are separate.  Please contact us directly for price quotes. You ac also read more here.

We offer 3 partnership opportunities for different stakeholders.  For consultancy firms, we offer Gold Partnerships, for organizations, we offer Corporate Partnerships and for educational institutions, we offer Educational Partnerships.

This is for consultancy companies with a specific number of accredited individuals having a clear plan for their region; these partners are supported with the world’s largest innovation management library, containing templates, sales material, marketing material, cases, and more. You are also listed on our home page and receive extensive pre-sales support.

This is the option for larger organizations with internal consultants. We have corporate partners in all continents, and this is a great way to get access to otherwise non-accessible tools, data, and methods in complement with the services offered by us, corporate partners, and gold partners. This program is for organizations that aim at having a larger number of internally certified innovation consultants serving them across the board.

The Educational Partnership Model with Innovation 360 Group provides Educational Institutions across the globe the ability to build a strategic partnership with Innovation 360 and collaborate on programs for Innovation Management, leveraging Innovation 360 Group’s methodology, tools, and framework to partners, sponsors, students, and companies. This Educational Partnership provides the institution access to material and leading online tools to be used for micro-credentials, electives, and executive education for Innovation Management. Access is granted to a suite of analytical tools, workshopping apps, an ideation platform, and the largest innovation management database to be leveraged both for innovation programs as well as for internal research use within the Institution.  Add more value to your Makerspace Offer by extending the online micro-credential curriculum with market-leading innovation management online content and online tools, and by instilling a world-leading ideation platform to the educational institution community across research projects, collaborations with businesses, and the student community. We have several very strong gold partners serving communities around the world.

Accreditation

IMBA Innovation Management Basic Accreditation™️ is the first level, followed by IMYB Innovation Management Yellow Belt™️, IMGB Innovation Management Green Belt™️ and then IMBB Innovation Management Black Belt Accreditation™️. All of these accreditation levels come with a digital blockchain certificate (also called a professional certificate) that you keep regardless of whether you renew your accreditation or not.

Certification represents a written assurance by a third party of the conformity of skills and knowledge to specified requirements, often linked to specific roles.

Accreditation, on the other hand, is the formal recognition by an authoritative body of the competence and capability of an individual to work to established standards and with solutions such as the Innovation360 suite My360.global.

We are not a certification body; rather, we accredit our world-leading suite of tools, methods, and solutions — all fully compliant with recently published International Organization for Standardization (ISO) 56000 Innovation Management guidance.

Saying that the proof issued is a digital blockchain certificate, also called a professional certificate. This certificate is not withdrawn, it is proof of the training.

To keep your license active, there is a yearly renewal fee of €2700 or $US3,000. It is not automatically renewed; it is entirely your decision. In the annual fee webinars, templates, methods, pre-sales, consulting support, and many other things are included with your valid license and featured on our web. You are also invited to publish though leadership posts in our international newsletter and web pages.

Other costs:

  • The first step (training Basic Accreditation) costs €4,800 or $US 5,700.
  • All consulting tools are free of charge (Scenario360, PESTLED360, ISO 56000 Readiness, Culture mapping, Sherlock, and much more).
  • There is a fixed cost to utilizing the assessment tools, the price per assessment is €2700 or $US3,000 (typically 10% of what the client pays)
  • Platforms are resold to clients, and you get a 30% sales provision (called performance rebate, which options can be used to give the client or your sponsor if you are an internal consultant). You will also have them for testing (free, no charge).

For more information, contact your Key Account Manager. Contact details can be found here.

** VAT is not added as this is only for companies. Exception: Private persons can buy without tax in North America. Talk to you KAM.

Each accreditation or grading must be paid in full prior to the accreditation.  We accept all major credit cards or payment via invoice

The accreditation is personal, however, should your employer cover your costs, it is wise to reach out to your employer to write a separate contract covering how to handle future transitions. Also not that the accreditation is valid for 12 months and needs to be renewed.

Yes, we provide you with marketing material, workshop materials and slide decks.  For the instructor led accreditations, extensive pre-sales support is provided.

We are headquartered in Stockholm, Sweden, and have offices in New York, Toronto and Sydney. We have faculty and Licensed Practitioners all around the world, working on every continent. Our methodology has been taught at higher education institutions like Georgetown University, Humber College, and Copenhagen Business School. Our tools are available in 20 languages.

We can issue invitation letters to support the visa process.  Please contact the respective Embassy in your country for details.

Self-Paced Accreditation

The self-paced accreditation is for individuals who would like to do a basic online accreditation (IMBA) at their own pace without personal support from Innovation360. The self-paced accreditation includes six months’ accreditation with access to all related tools, databases, templates, material, and the digital block-chained professional certificate. You get access to the block-chained certificate as soon as you hand in the last step of the online training (that is kept even if you do not extend the accreditation). Read more here.

You can, at any time before the end of the six months, upgrade to full 12-month accreditation with Instructor-led training (online), a personal Key Account Manager (KAM), access to webinars, access to the community, pre-sales, consulting support, etc. To be upgraded, you need a sponsor (see the requirement for becoming a Licensed Practitioner). The yearly fee is USD $3000. This fee is not automatically renewed: it is entirely your decision and includes the full Licensed Practitioner Program benefits.

It is also possible to upgrade by applying to the instructor-led IMYB Innovation Management Yellow Belt™️, getting all the benefits (within the time left of six months). To be upgraded by applying to IMYB, you need a sponsor (see the requirement for becoming a Licensed Practitioner).

The self-paced accreditation and the instructor-led accreditation have the same material and structure for learning with the same outcome and certificate. However, the self-paced accreditation is self-paced which requires self-motivation and discipline to master the knowledge and skills needed.

The self-paced accreditation is open to all – independent consultants or internals at an organization with a minimum of two years of consulting experience.  Since all our tools are digital and the material is provided in an online learning format, the requirements needed are a computer with internet connectivity. You do not need a sponsor (which his the requirement for a full accreditation program).

The price is $1,900US, including VAT* and tax. The price is the same for individuals and companies. The Fee includes six months of accreditation with access to all related tools, databases, templates, material, and the digital block-chained professional certificate. You get access to the block-chained certificate as soon as you hand in the last step of the online training (which you keep regardless of if you continue the accreditation or not).

To keep your IMBA online license active, you need to upgrade to a full 12-month accreditation with Instructor-led training (online), a personal Key Account Manager (KAM), access to webinars, access to the community, pre-sales, consulting support, etc. To be upgraded, you need a sponsor (see the requirement for becoming a Licensed Practitioner). The yearly fee is USD $3,000. This fee is not automatically renewed: it is entirely your decision and includes the full Licensed Practitioner Program benefits.

It is also possible to upgrade by applying to the instructor-led IMYB Innovation Management Yellow Belt™️, getting all the benefits (within the time left of six months). To be upgraded by applying to IMYB, you need a sponsor (see the requirement for becoming a Licensed Practitioner).

The cost of using the survey tool to access organizations is $US3,000 (typically 10% of the fee your client is paying).

For the self-paced accreditation, the required material is provided to you online together with live forum and possibilities to ask questions. However, there will not be any personal support.

In order to gain access to the Licensed Practitioner community, it will require an upgraded accreditation package.

The Instructor-led Basic Accreditation (first step)

We run scheduled, open accreditations in New York City, US and Stockholm, Sweden. See our Events page for the next scheduled basic accreditation or belt grading event. We also arrange closed accreditations for organizations at their convenience anywhere in the world.

For the instructor led accreditations, sales support is comprised of forming and articulating your value proposition, negotiating support, and from time-to-time, showcasing references and case studies.  There is no sales support for the self-paced accreditation.

The Basic Accreditation costs €4,800 or $US 5,700. There is yearly a renewal fee for getting access to data, library, online tools, support, pre sales, etc), €2700 or $US3,000, to keep your license active. It is not automatically renewed, it is completely your decision.

For more information contact your Key Account Manager in your region to get the current price list for the accreditation and the cost for using the solutions in assignments.

Contact details can be found here.

Grading (Yellow, Green & Black Belt)

The difference lies within the level of knowledge, access to tools, and recognition for advancement in the Practitioner Journey. Additional information on the different Belt Gradings can be found here.

You may progress through the levels as quickly as you wish and are able. Reach out to your KAM if you have a special project or need. We are always adding new accreditation dates as classes fill up, so check back often.

You can view a comprehensive list of our tools here.

When you achieve Black Belt 2nd Dan, you can apply to be an instructor.

This is a unique achievement that will vary from case to case and only happens by appointment. This requires an extraordinary contribution.

Innovation Tools – InnoSurvey®

The InnoSurvey® is an advanced assessment tool for assessing and measuring a client’s aspirations and ability for Innovation Management. It is used during assignments for everything from the largest funds in the world to Global 100 Companies all the way to entrepreneurial driven scale-ups.  The tool is only available for Licensed Practitioners. As a Licensed Practitioner, you can create a baseline and a benchmark as well as ironing out a tangible transformation plan for you client to be able to support the client’s strategic agenda.  The tool provides you with global data from the largest Innovation Management database in the world with an interactive interface and a report generator.  80% of your work can be digitalized and this way, and you can deliver more value for less investment for your client.  The InnoSurvey® also equips you with the most sophisticated method and tool for helping your client to understand their readiness and measures to be taken for Innovation Management.

The first step in developing an innovation strategy is determining each organization’s unique profile of strengths and weaknesses. The 360 Assessment begins with the InnoSurvey®, where employees, business leaders and external partners contribute their input via a set of questions about the company’s performance and alignment. The results provide an analysis of the organization’s internal organization, external relationships, aspirations for growth or profits and many other factors. Metrics along 16 key aspects, broken down into 60+ capabilities, produces a footprint diagram of the organization’s DNA structure, which will serve as the basis of all development of a roadmap forward.

The source of data lies from implementing assessments with organizations globally from more than 105 countries and over 5000 companies.  The data is anonymized and tagged with relevant data making it useful for analysis while protecting the privacy of data.  We are fully compliant with GDPR in the EU and follow the principles of SOC 2 and ISO 27000, which means that we are able to deal with the most sensitive organizations in the world.

Yes, all methods are built on our patented framework and copyrighted materials, and as an accredited practitioner, you have the exclusive right to use these tools and assets, thus gaining the opportunity to differentiate your offerings and validate your methods in the market.

We have coverage for all industries in the world’s major languages, and we are continuously adding new languages.

Our database accurately reflects the distribution of global businesses that operate across various regions. Based on the markets served by our clients, the distribution of companies includes approximately :

  1.  30% North America
  2.  20% South America
  3. 15% Africa
  4. 49% ASIA
  5. 58% EU

These numbers sum up to be more than 100% because some companies operate in several markets. All data is anonymous but coded with the time, industry, company size, HQ location and market. We cover all major industries in 105 countries, making our innovation database the largest and most extensive in the world.

Correlation Analysis lets you know how likely it is that changes to a specific variable will impact a desired outcome. The InnoSurvey® assesses how well a company’s performance and organizational alignment match up with 66 capabilities within 16 aspects which are essential for innovation. We use Correlation Analysis in comparing the company’s scores against high performers in their sector to determine where improvements in specific capability scores will have the greatest impact on improvements for the 16 aspects.

As long as the sample size of respondents to our InnoSurvey® reaches 50 or more individuals, the resulting scores have a confidence interval of 90%. With larger sample sizes, we can produce results with even greater precision.

The data is anonymized and tagged with relevant data making it useful for analysis while protecting the privacy of the company that provided the data. We are fully compliant with GDPR in the EU and following the principles of SOC 2 and ISO 27000 which means that we are able to deal with the most sensitive organizations in the world.

The industry average for questionnaires by assessing organizations is 25 – 35%. Normally there is a higher rate for internal employees and a lower rate for external stakeholders. Our response rate averages 65% due to our unique methodology and how easy it is to use our web-based InnoSurvey®engine.

The questions are based on a literature review of the last 100 years of innovation management research and structured according to the published Innovation360 Framework by Magnus Penker. The questions are first tested on 100+ clients, then on 10 independent innovation experts, then translated to 10+ languages by innovation experts also tested on clients, and finally, they have been reviewed and finalized by Peet Van Billion, who is a world-leading expert and McKinsey&Co former Global Innovation Director. The published Framework has been used at prestigious schools like Georgetown University and Copenhagen Business School, and Parsons New School of Design. They have also been referred to in numerous of research projects and papers, e.g., by IEEE. Moreover, P-Value calculus has been frequently used to compare different sources of data, where groups of carefully examined data (answerers) have been compared with survey data without any interference, which also validate the quality of the questions (= so they are correctly interpreted).

There is a fixed cost to utilizing the assessment tools and platforms resold to clients (ideation360, Playbook360); all other tools are free of charge (Scenario360, PESTLED360, ISO 56000 Readiness, Culture mapping, Sherlock, and much more).  InnoSuervey and Inno the analytics tool. The price per assessment is €2700 or $US3,000.

Other costs:

  • The first step (training Basic Accreditation) costs €4,800 or $US 5,700.
  • All consulting tools are free of charge (Scenario360, PESTLED360, ISO 56000 Readiness, Culture mapping, Sherlock, and much more).
  • To keep your license active, there is a yearly renewal fee of €2700 or $US3,000. It is not automatically renewed; it is entirely your decision. In the annual fee webinars, templates, methods, pre-sales, consulting support, and many other things are included with your valid license and featured on our web. You are also invited to publish though leadership posts in our international newsletter and web pages.
  • Platforms are resold to clients, and you get a 30% sales provision (called performance rebate, which options can be used to give the client or your sponsor if you are an internal consultant). You will also have them for testing (free, no charge).

For more information, contact your Key Account Manager. Contact details can be found here.

Although white labeling is possible, we handle requests on a case-by-case basis. For the majority of clients who come to us seeking white labeling, we have found that other options like the Certified Partner program are better able to serve their end goals. Please contact us for details on special cases.

ISO 56000—Fundamentals and Vocabulary establishes the first global guidance in Innovation Management, establishing a common understanding of the main concepts, principles, terms, and frameworks required for innovation, allowing entities to collaborate across borders and industries and to certify to stakeholders and clients that they are engaged in productive innovation using proven methods and tools. Even more importantly, these standards are a road map and practical guide for companies seeking to establish a system of innovation that is able to consistently generate value for all stakeholders. These standards will address all aspects of innovation management, from assessment through to ideation and commercialization. They set forth clear guidance and evidence-backed practices for innovation management. Not only is Innovation360 compliant with these emerging standards, we have been actively engaged in the working groups that are developing them and remain active on the steering committees that will be publishing more documents on a range of subjects in Innovation Management for years to come.

Innovation Tool – Ideation360©

Ideation360© is an Ideation Management Platform. This included access is to a non-commercial, enterprise solution for learning or a commercial enterprise license for purchase at any time for commercial use. For more information about ideation360©, please visit www.ideation360.com.

Yes, you will receive a 30% kickback on reseller our ideation360 enterprise license to organizations that pay directly to Innovation360 for their license.

A non-commercial ideation360 enterprise license is free after completing the Yellow Belt Grading for your personal usage in learning and showcasing demos.  A commercial ideation360 enterprise license is a paid license to be utilized for running various ideation projects (ex. via one account, one can run multiple ideation campaigns for various organizations).

An Innovation Sprint is an ideation process to produce multiple, highly vetted cluster of ideas.  The methodology and the way of working is taught in the Yellow Belt Grading.