Growing InnovationGearing Up For Growth ConferenceLondon, OntarioPresented by Don DuvalMarch 27th, 2012
1.  Provide an overview of MaRS, our mandate,    and the programs we offer to meet the needs of    our entrepreneurial com...
MaRS is a non-profit innovation centre connecting science,technology and social entrepreneurs with business skills,network...
Competing is one thing…  Winning      is another!
How do we                   Compete?At an average of only 3.3 peopleper square km, Canada has oneof the lowest populationd...
Big Country                                                 but few people…        33	   Million	  People	                ...
As part of MEDI’s Ontario Network of Excellence MaRS actsas Toronto’s Regional Innovation Centre (RIC) while deliveringkey...
Phase I"           Phase II"
Improving Commercialization    Building Next GenerationOutput from Academe           Startups                             ...
Business   Advice                   Education                   Access    and                    and Insight              ...
The importance ofHistory and       Place            and   Culture
1                 2                     3Human resources      A proposed          Execution andand policy levers    method...
You’re here for a good time, not a long time…                               •  Adopting andHuman resources                ...
You’re here for a good time, not a long time…                                                14
Get rid of matrixes – find and trust the right people!?                                 •  Get rid of matrices,           ...
Get rid of matrixes – find and trust the right people!?                                                          16
What works for one, may not work for all… Execution and                       The MaRS Ecosystem implementation strategies...
What works for one, may not work for all…                                            18
What works for one, may not work for all…                History, Place, and Culture                                      ...
Culture   ofEntrepreneurship
Don DuvalVice PresidentMaRS Discovery Districtdduval@marsdd.comTwitter: don_duvalSpeakerfile: don.duval
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Don Duval: Fostering and Managing Innovation in your Organization

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This presentation was given at the Gearing Up for Growth conference in London, Ontario on March 27th, 2012. The presentation highlighted and discussed key human resource strategies and policies to enable and foster a culture of innovation in any organization.

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Don Duval: Fostering and Managing Innovation in your Organization

  1. 1. Growing InnovationGearing Up For Growth ConferenceLondon, OntarioPresented by Don DuvalMarch 27th, 2012
  2. 2. 1.  Provide an overview of MaRS, our mandate, and the programs we offer to meet the needs of our entrepreneurial community2.  Discuss tools and techniques that companies, both large and small, can use to foster and manage innovation to enhance shareholder / stakeholder value3.  Provide an opportunity to address any questions you may have 2
  3. 3. MaRS is a non-profit innovation centre connecting science,technology and social entrepreneurs with business skills,networks and capital MaRS helps to create successful global Mission businesses from Canada s science and technology Who we Early stage science and technology ventures Serve and innovative social purpose businesses Measure of Job and wealth creation for the economy Success 3
  4. 4. Competing is one thing… Winning is another!
  5. 5. How do we Compete?At an average of only 3.3 peopleper square km, Canada has oneof the lowest populationdensities in the world.
  6. 6. Big Country but few people… 33   Million  People   VS.   300   Million   1.1   Billion   1.3   Billion   6
  7. 7. As part of MEDI’s Ontario Network of Excellence MaRS actsas Toronto’s Regional Innovation Centre (RIC) while deliveringkey programs such as the Investment Accelerator Fund, SiG atMaRS and the Business Accelerator Program 7
  8. 8. Phase I" Phase II"
  9. 9. Improving Commercialization Building Next GenerationOutput from Academe Startups 9
  10. 10. Business Advice Education Access and and Insight to Capital Mentorship Networks, Talent, Customers and Partners"Programs for High Growth Ventures, Policy Initiatives, and Special Projects " 10
  11. 11. The importance ofHistory and Place and Culture
  12. 12. 1 2 3Human resources A proposed Execution andand policy levers methodology for implementationto encourage and identifying, strategies toincentivize both segmenting, and ensure the processemployees and refining the best of translating ideascustomers to ideas and to commercialactively opportunities to opportunities iscontribute in the pursue replicable andinnovation process flexible based on the nuances of your business 12
  13. 13. You’re here for a good time, not a long time… •  Adopting andHuman resources celebrating the cultureand policy levers to of your customers withinencourage and your organization; createincentivize both something new!employees andcustomers to •  The organization as aactively springboard opportunitycontribute in the as part of one’s broaderinnovation process career progression •  No more regular full- time employment contracts? 13
  14. 14. You’re here for a good time, not a long time… 14
  15. 15. Get rid of matrixes – find and trust the right people!? •  Get rid of matrices, scoring templates, etc…A proposed find and trust the rightmethodology foridentifying, peoplesegmenting, andrefining the best •  Identify the right framework and designideas and to foster the processopportunitiesto pursue •  Keep trying until it feels right and delivers results 15
  16. 16. Get rid of matrixes – find and trust the right people!? 16
  17. 17. What works for one, may not work for all… Execution and The MaRS Ecosystem implementation strategies to ensure the process of translating ideas to Business commercial opportunities is replicable and Science / Capital Technology flexible based on the nuances of your business 17
  18. 18. What works for one, may not work for all… 18
  19. 19. What works for one, may not work for all… History, Place, and Culture 19
  20. 20. Culture ofEntrepreneurship
  21. 21. Don DuvalVice PresidentMaRS Discovery Districtdduval@marsdd.comTwitter: don_duvalSpeakerfile: don.duval
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