On October 9, Peter Senge, a world-renowned management academic and author, kicked off the first-ever Ivey Innovation Learning Lab in Toronto.
Ivey Professor Tima Bansal created the Lab to bring together leading organizations from the private and public sectors to collaborate on ways to advance the innovation process. The Centre for Building Sustainable Value runs it in partnership with MaRS Discovery District.
In the first session, Senge, a senior lecturer at MIT (Massachusetts Institute of Technology), discussed how organizations can use systems thinking to reframe approaches to learning and innovation. The Lab participants also discussed how systems thinking can inform their work.
The consortium will meet quarterly and each session will include a presentation from a world-class thought leader. The sessions will also include a discussion on the latest research and Ivey’s new work on innovation and disruption.
The Lab brought together 17 organizations from diverse sectors: 3M; Ashoka Canada; Bell Canada; Cascades; Co-operators Insurance; CPA Canada; Georgian Partners; Interac; Innovation, Science and Economic Development Canada; Maple Leaf Foods; McConnell Foundation; National Research Council Canada; NGen; Ontario Teachers’ Pension Fund; SAP Canada; Suncor; and Walmart.