Atlantic Leaders Summit Atlantic Leaders Summit Dr Daniel F Muzyka - - PowerPoint PPT Presentation

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Atlantic Leaders Summit Atlantic Leaders Summit Dr Daniel F Muzyka - - PowerPoint PPT Presentation

Atlantic Leaders Summit Atlantic Leaders Summit Dr Daniel F Muzyka President and CEO Dr. Daniel F. Muzyka, President and CEO RBC Financial Group Professor of Entrepreneurship, UBC February 19, 2015 y , conferenceboard.ca 2


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Atlantic Leaders Summit Atlantic Leaders Summit

Dr Daniel F Muzyka President and CEO

  • Dr. Daniel F. Muzyka, President and CEO

RBC Financial Group Professor of Entrepreneurship, UBC

February 19, 2015 y ,

conferenceboard.ca

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SLIDE 2

Themes

  • Talent
  • Talent
  • Research
  • Innovation
  • Entrepreneurship
  • Entrepreneurship

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Challenges

  • Demographics
  • Productivity
  • Industrial Structure
  • Industrial Structure
  • Innovation
  • Coordination
  • Competitive Acceleration
  • Competitive Acceleration

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Why is it important?

Accelerated Technological Churn Example: Computer Industry

4 6 8 10 1950s 1960s 1970s 1980s 1990s 2000s 2 4 Average Product Life-Cycle (Years)

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Why is it important?

1980–2011 Labour Productivity Growth (% average annual growth)

MFP Labour Composition Capital Deepening 1 5 2.0 2.5 MFP Labour Composition Capital Deepening 0.5 1.0 1.5

Canadian GDP Real Growth Rate % 5

0.0 Canada U.S.

1 2 3 4 1

5 Sources: The Conference Board of Canada; Statistics Canada.

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SLIDE 6

2014 World Economic Forum Global Competitiveness

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CANADA’s Overall Competitiveness Ranking, 2014: 15th (2013: 14th)

Canada (6th) Canada (24th)

( )

Canada (18th)

  • Health and primary

d ti (7)

  • Labour market efficiency (7)
  • Financial markets (8)
  • Market size (13)
  • Goods market efficiency (15)

Higher Ed & training (18)

  • Innovation (22)
  • Business sophist. (23)

Innovation

education (7)

  • Institutions (14)
  • Infrastructure (15)
  • Macroeconomic

environment (51)

  • Higher Ed. & training (18)
  • Technological readiness (22)

Efficiency Enhancers for Competitiveness and Business Sophistication Factors for Competitiveness

( )

Basic Requirements for Competitiveness p Competitiveness

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for Competitiveness

Source: The World Economic Forum, Global Competitiveness Report 2014-2015

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How are we doing?

Innovation Value Chain

Discovery Development Application Extension Social and Social and Economic Impact Economic Impact Products Products Business Business Technologies Technologies Ideas Ideas Solutions Solutions Value Value Concepts Concepts

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SLIDE 9

How are we doing?

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  • Source: The Conference Board of Canada
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Conference Observations

Culture Capacity C t t Context Commerce Competition

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SLIDE 11

Conference Observations

Collaboration Collaboration Clusters Chains Consumption Consumption Communication

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JUST DO IT ! JUST DO IT ! JUST DO IT ! JUST DO IT !

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SLIDE 13

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