Presented by NORCAT CEO Don Duval, this presentation provides an overview of the innovation landscape in Canada, current trends, and opportunities, as well as shares insights pertaining to the “innovation supply chain” in the mining industry and compare with other innovation models.
Call 7737669865 Vadodara Call Girls Service at your Door Step Available All Time
Innovation in the Mining Industry – How does it Compare?
1. Empowering People
Northern Ontario Leadership Conference
Innovation in the Mining Industry – How does it Compare?
Presented by Don Duval, CEO NORCAT
April 3rd, 2013
2. Agenda
There are three objectives for today’s presentation:
1. Provide an overview of the innovation landscape in Canada, current
trends, and opportunities
2. Share my insights pertaining to the “innovation supply chain” in the
mining industry and compare with other innovation models
3. Answer any questions and participate in a discussion based on the
content within this presentation
Empowering People | 2
3. About NORCAT | Our Mandate
Founded in 1995, NORCAT is a leading private, non-profit organization, that
empowers our clients, our staff, and our community partners to drive a culture of
productivity, innovation, and life-long learning in Canada and beyond.
Located in Sudbury, Ontario, the
NORCAT Centre stands at
approximately 65,000 square feet.
Our facility is home to our training
and development centre,
entrepreneurial programs and
incubator, and facilities and event
services.
Empowering People | 3
4. NORCAT – Our Strategic Priorities – 2014 to 2019
• As part of the Ontario Network of Excellence, NORCAT serves as Sudbury’s
Regional Innovation Centre partnering with community stakeholders to help
start and accelerate the growth of innovative companies
• Develop and provide leading, world-class programs, services, and resources to
reduce injuries, save lives, and enhance productivity in the workplace and
beyond
• Operate a vibrant innovation hub to engage our clients, community, and key
stakeholders by providing an environment that celebrates a culture of
productivity, innovation, and life-long learning
Empowering People | 4
5. NORCAT – Our Role in Meeting Industry Needs
Innovation Broker Training and Development
NORCAT
Business
“Research is turning money into “Reducing injuries, savings lives, and
knowledge. Innovation is turning enhancing productivity is key for the future
knowledge into money” of the global mining industry”
Empowering People | 5
6. Canada’s Competitive Advantage – Leverage our Assets!
“Healthy” Economy
Strong Resource Base
Productive Science Base Understand Regional
Competitive
Strong Education System Advantages
Talented and Skilled Workforce ”what are we good at?”
and “what do we have
Livable Communities that puts us ahead?”
Multicultural Civil Society
Aging Population
Empowering People | 6
12. Priorities of the Mining Industry in Canada
An array of recent interviews and reports from Deloitte, Canadian Chamber of Commerce,
Ontario Jobs and Prosperity Council, and the Canadian Task Force on Competitiveness,
Productivity, and Economic Progress have cited the top priorities for the mining industry:
Improving Productivity and Recruiting and Retaining a Ensuring the Health and
Competitiveness Skilled Workforce Safety of Workers
Relative to OECD members, Significant concern about Health and safety is a priority
Canadian mining companies lag pending retirement of aging concern to maintain positive
behind in R&D investment workforce and transition of and productive work
knowledge environment
Priority is to focus on
production capacity with desire Continued growth will require Continued training and skills
to partner with “innovation the recruitment and retention updating required and
brokers” to identify, showcase, of domestic and foreign skilled validation / compliance of
expedite, and “screen” potential workers training records required at
solutions to complex problems the person-level
Empowering People | 12
13. Trend in Canadian Mining R&D Expenditures
Canadian Mining R&D Expenditures – Mining and Quarrying
Source: OECD Statistics. Business Enterprise Expenditure by Industry. Accessed September 2, 2012
Empowering People | 13
14. How do we
Compete?
At an average of only 3.3 people
per square km, Canada has one
of the lowest population
densities in the world
Empowering People | 14
15. Understanding Different Innovation Models
Parameters
• Regulatory frameworks / standards Observations of the mining
• Intellectual property landscape industry as compared to the
• Speed-to-market imperative / adoption life sciences / healthcare
• “Buy / sell” engagement model industry
• De-centralized vs. centralized decision-making
Improving
Commercialization Next Generation Intra-preneurial
Output from Startups Research and
Academe Innovation
Empowering People | 15
16. The Innovation Supply Chain – Knowing the Priorities
• What are your top five
innovation challenges?
• What are the complex
challenges that you are looking Next Generation
to solve? Startups
• What are the solutions
available and what is your
capacity to engage?
“Innovation
Supply Chain”
Improving
Commercialization
Output from
Academe
Intra-preneurial
Research and
Innovation
Empowering People | 16
17. Creation of Virtual Density in Canada – How we win!
As Sudbury’s Regional Innovation Centre, NORCAT needs to build strong connections to
other innovation centres and corporates across Canada that can be leveraged to
expedite the resolution of our client’s challenges
Empowering People | 17