Canada has made significant investments in science and technology research and education in recent years. Yet, it is increasingly recognized that unless we also develop the management talent and business practices to sustain and grow technology enterprise, the full economic benefit of these investments is unlikely to be realized.
Contact: Cathi Malette at firstname.lastname@example.org or 613-236-6550
Ottawa, ON... CATAAlliance, Canada’s largest high tech association, called on public and private sector leaders today to embrace, help advance and invest in a new Tech Management Talent Growth Campaign for Canada.
According to CATA CEO, John Reid, "Building a globally competitive technology industry in Canada demands the development of a broad range of relevant management skills and knowledge. Competing successfully and sustainably at the global level requires a focused effort to ensure that Canadian technology firms have access to a deep pool of world-class managerial talent."
He added, "Our view is that we need to create a Canadian Management Institute serving as a Super Hub linked to other top business school Hubs across Canada and the world with a mandate to fill the Canadian void in high quality, critical mass, teaching and research resources with focused skills and knowledge to support the growth of globally competitive technology firms."
Dean Kelly said, “It (the Institute) could support the development of a global network for research and program collaboration in this area. It will be designed to become a magnet for leading researchers and educators from around the word who are interested in the sustainable management of fast-growing technology companies.
Micheál J. Kelly, Tech Management Talent Growth champion, and Dean, School of Business & Economics at Wilfrid Laurier University (WLU) spoke to the need for a major investment in the creation of management talent in Canada in a recent CATAnet TV video interview.
A key missing component to fuel innovation growth in Canada is the development and availability of an adequate supply of business managers who have the technology focus and managerial excellence required to ensure that Canadian technology enterprises thrive in the global technology market place.
A research study by the Institute for Competitiveness and Prosperity has argued that the lack of strong management, particularly in innovative industries, is a key factor in our inability to achieve our economic potential. It states that the development of strong management capabilities is an important element of research and innovation strategies –recognition that there is more to the success of these policies than a focus on research in the hard sciences.
Other studies have specifically pointed to management deficiencies of Canadian technology-based firms, deficiencies that have inhibited their development and growth. Innovative firms in Canada are often challenged in accessing managerial, as opposed to technical, talent.
Reid and Kelly concluded, "It is imperative that we address our declining innovation metrics in order to realize future economic gains. Lets work together to create the best management institute in the world focused on technology-based enterprises."
The Tech Management Talent Growth Campaign for Canada forms an integral part of the industry's competitive Innovation Nation program under the tutelage of Canada's leading entrepreneur, Sir Terence Matthews. It lays out what we must do as a nation to move us from a 13th place ranking to first place in innovation rankings.++ Action Items: Community Mobilization & Add to the Conversation
Please send electronically and/or print out and fax the Tech Management Talent Growth Campaign communiqué and follow up with a phone call to your local MP, media and then advance network of contacts, inclusive of posting on your social media.
Add to the conversation on innovation and entrepreneurship (8800 are participating executives) at this URL: