Portfolio Canvas
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In a complex and uncertain world, no one single solution can unlock the innovation we need to solve pressing societal challenges. Instead, we need to cultivate and unleash multiple innovation initiatives that, all together, can form an enabling ecosystem for change, rooted in continuous learning and distributed agency. The Portfolio Canvas is based on the Portfolio Approach, one of the foundational elements of the Reflow Collaborative Governance Toolkit.
In the words of OECD-OPSI (2020) an innovation portfolio is an "innovation sense-making activity that connects your (and your partners’) innovation practices – specific projects, initiatives and programmes – to the intent and purpose behind those activities as well as the strategic goal of the organisation."
The Porfolio Canvas is the main tool used in REFLOW to define the basics of the collaboration between Work Package 4 (Governance and Urban Strategies on Circular Economy) and pilot cities. It is used to discuss and define potential governance experiments, connecting them with the activities planned by each Pilot City.
METHODOLOGY
The methodology applied in REFLOW is organized in three main steps
The pilot's main objective is redefined (if needed) and connected to its environmental, socio-cultural and economic expected impacts. This is done in order to understand the purpose of the activities planned by the pilot in steps 2 and 3
The pilot's activities are organized by the time frame in which they will be implemented (horizontally) and the topics dealt with in REFLOW Work Packages (vertically). Time is expressed as short term (6/8 months), mid term (2 years) and long term (beyond the REFLOW project). The topics displayed vertically represent a full-stack designed transition based on the REFLOW Workpackages and an additional layer related to the Covid_19 breakthrough, since this methodology is implemented in 2020, during the global pandemic. The full-stack designed transition is based on:
Engagement
Capacity Building
Data, Tech & Urban Metabolism
Business Cases
Regulation & Legislation
Governance
Finance
Activities are connected and reorganized during a meeting between the pilot's team and WP4's team. The interconnection of the activities and discussion on the pilot's priorities allows to define the key moments in which specific governance experiments from this Toolkit Activity Menu will be implemented.
TOOLS AND TEMPLATES
This methodology was applied using MIRO, an online collaborative tool that allows for interactions between several people at the same time, applying changes in real time and discussing using sticky notes, virtual post-its and connections or comments.
You can access here an empty portfolio canvas, similar to the ones used in REFLOW project (now an external user cannot access the board. We should create a new empty board and grant external users access to see without the possibility to make changes)
The results of the work were later transformed in a report, including the final Pilot's portfolio canvas with all its activities, as well as the Governance Experiments defined with Work Package 4.
LINK (would it be ok to provide one report as an example of the results of the application of this method?)
