Wilfrid Laurier University Taps Crowdsourcing for global community guidance on the new Lazaridis Institute for the Management of Technology Enterprises: Help advance the mission today
September 3, 2015

++ Action Item: Please review the communique below, complete our short Survey and then post your ideas, guidance & comments through social media, email or video interview.

Ottawa & Waterloo, Canada...CATAAlliance, Canada's largest high tech association and recognized champion of a globally competitive technology industry in Canada, and Wilfrid Laurier University (WLU), a recognized leader in business education and research, announced today that they are teaming up to start a Crowdsourcing Campaign for best ideas and guidance on developing the newly announced Lazaridis Institute for the Management of Technology Enterprises.

Micheál Kelly, dean of the Laurier School of Business and Economics, said “the Lazaridis Institute for the Management of Technology Enterprises will play an important role in Canadian business education and research.”  He added,  “We need to make sure we have the talent in place to keep companies in Canada, grow them and allow them to create Canadian economic benefit.” (View video with Dean Kelly)

Research has demonstrated that a major barrier to creating globally competitive technology companies in Canada is a lack of a deep pool of skilled management.

The shortage of skilled management is also seen as a key reason that Canada has not been able to fully capitalize on the significant investments it has been making in S&T research, development and education.

In speaking about their collaboration Dean Kelly & CATA CEO, John Reid, said, "Our intent is to crowdsource the collective wisdom of social networks for best ideas in advancing Canada’s position as a global hub of innovation and entrepreneurship excellence.”

CATAAlliance has developed very large opt-in social networking Groups or Communities for executives to connect, inform, advise and inspire others to individual and organizational success.

Combined participation in CATA moderated linkedin Groups, Google+ & other major communities, video channels and electronic communiques is over 250 thousand executives, with additional outreach to hundreds of thousands of contacts through partner arrangements and direct databases.

Reid, added, “To kickstart the conversation we are asking executives to look at the mandate and areas of focus of the new Institute and then consider a number of questions:

  • What do we need to do to keep pace and ensure that Canada becomes a leading global hub of innovation & entrepreneurship?
  • What should be the Institute’s priority areas of research,  curriculum focus and management training?
  • What organization(s) would you recommend as best partners for the Institute in helping fulfill its Canadian and global mandate? "

Lazaridis Institute for the Management of Technology Enterprises Mandate

The School of Business and Economics (SBE) at Laurier is establishing the Lazaridis Institute for the Management of Technology Enterprises to support the management training needs of technology executives and companies in the Region.

This will be a world-class institution providing management training and research to support the growth needs of the Region’s and Canada’s technology industry.

It will be unique in Canada in that it will have a critical mass of teaching, coaching and research resources focused on the growth of globally competitive technology companies and is envisioned by the donor to become a world leader in the development of management talent and knowledge for the Canadian technology industry.

Advised by a Global Advisory Board of leading technology executives and management educators, the Institute will be linked with business schools in major technology clusters across Canada and around the world.

It will focus on providing management upgrading for the current generation of technology executives as well as program and curriculum development to produce the next generation of  Canadian technology leaders.

It will also produce research on the critical management problems facing fast-growth technology firms.

The institute will be a focal point for executives, researchers and students form across the globe interested in the management challenges of growing technology firms.

The new institute will be housed in the $103-million, state-of-the-art Global Innovation Exchange (GIE), which is nearing completion on University Avenue in Waterloo and is funded in part with a previous $72.6-million investment from the province. The innovative design of the building will enhance the synergies between the Lazaridis Institute and Laurier’s business and applied and financial math programs, and will serve as an iconic representation of the leadership role that Laurier plays in the technology industry and in Canadian business.

Areas of Focus

  • A  significant, comprehensive and focused effort to provide leading-edge management training and mentorship to senior executives in the technology sector to prepare them for the challenges of growth and competing globally.

  • Preparation of the next generation of entrepreneurs and business executives for technology leadership.

  • An intensive research focus on issues related to the growth and global competitive challenges of technology-based firms.

  • A global network of leading business schools and management Institutes to ensure the acquisition and transmission of best practices and knowledge.

  • A National network of business schools and economic development agencies in key technology ecosystems focused on curriculum and knowledge generation and dissemination to support the ambitions of Canada's knowledge-based enterprises.

Four Ways to Offer Your Ideas & Guidance

1. Individuals interested in a TechNOW video interview (or wish to record and submit video remarks) where they can discuss in more detail their ideas, views & guidance should contact CATA CEO John Reid at jreid@cata.ca    2. Complete our short survey to help guide the development of the Lazaridis Institutes structure and programming at this landing page:  surveymonkey.com/r/lazaridisinstitute

3. You can also offer your guidance and commentaries on CATA’s moderated core social media group (11200 opt in members) at this URL: https://www.linkedin.com/groups/Canadian-Advanced-Technology-Alliance-CATA-37239/about

4. Or, email your ideas and guidance to Dean Michael Kelly (mikelly@wlu.ca) and CATA CEO John Reid (jreid@cata.ca) with contact details.

Kelly and Reid concluded, “Our end game is to create a world-class institute designed to ensure that Canadian technology companies have the management talent and knowledge to compete in global markets. And we are now calling on the world to send us their best ideas.”

Related Resources:

Mike Lazaridis and Ontario government contribute $35m to create world-class management institute at Laurier

New institute to help startups go big and go global