Leadership for the 21st Century: John Ruffolo, CEO, OMERS Ventures Speaks Out: The importance of innovation and mentorship to creating Canada's competitive innovation nation
March 29, 2013

OMERS Ventures CEO, John Ruffolo, speaks on the importance of innovation and mentorship to creating Canada's competitive innovation nation.

Please take sixteen minutes to view our second of two videos with OMERS Ventures CEO & member, CATAAlliance National Leadership Council, John Ruffolo who was interviewed recently by Hart Hillman, CATA National Leadership Council member, on the importance of innovation and mentorship to creating Canada's competitive innovation nation.

In part two of his interview, John Ruffolo is asked about best advice to foster the success of students and start up entrepreneurs.

We hear a call for entrepreneurship curriculum at all educational levels to support the shift from large company employee aspirations to independent contractor or entrepreneur.

Failure becomes a valuable learning experience; risk savvy and global perspective are part of the mindset.

On the role of mentorship, Mr. Ruffolo indicates that the priority is to add value, in addition to capital as part of serving the entrepreneur.

Regarding social give back, while the ultimate goal must be to generate returns, he stresses that there is also opportunity to create social value or a double bottom line.

Mr. Ruffolo concludes with insight into a new United Nations study on Gross National Happiness as an additional measure of competitive success.

John Ruffolo’s Leadership Profile

Mr. Ruffolo is the Chief Executive Officer of OMERS Ventures, the venture arm of OMERS. OMERS Ventures invests in companies in the Technology, Media, and Telecommunications sectors. In addition, he is also the Senior Managing Director, Knowledge Investing with OMERS Strategic Investments. Prior to joining OMERS Ventures, Mr. Ruffolo was a Partner at Deloitte, as well as the Global Thought Leader, the Global Tax Leader and the Canadian Industry Leader for Deloitte’s Technology, Media and Telecommunications (TMT) practice. He was also a member of the firm’s Tax and TMT Global Leadership teams and a member of Deloitte’s Board of Directors.

Mr. Ruffolo has over two decades of experience advising public and private companies around the world. Mr. Ruffolo has been recognized as one of the country’s leading clean-tech advisors. In addition, he has worked closely with a number of North America’s leading venture capital and private equity firms and has advised many of the companies in which they invest.

Mr. Ruffolo serves as Chair of the Canadian Venture Capital and Private Equity Association’s Government Relations Committee and is a member of its Executive Committee. He serves on the Board of Communitech. Mr. Ruffolo is on the board of the David Suzuki Foundation and serves as Chair of the David Suzuki Foundation Friends of Ontario. Mr. Ruffolo is also Chair of the Corporate Advisory Committee for the Art Gallery of Ontario. He is a member of the Toronto chapter of the Young Presidents Organization and a member of the CATA
Alliance National Leadership Council.

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