5 sure-fire ways to kill your company’s innovation

Bottom line: get comfortable being uncomfortable, take the big risks and encourage your employees to do the same

5 sure-fire ways to kill your company’s innovationInnovation is difficult to come by. It is a fleeting concept that eludes most companies. In fact, the odds of a new product idea reaching full commercialization are less than four per cent. And that is the best case. But there are five sure-fire ways you can make certain innovation never sees the light of…

Canadian businesses becoming increasingly innovative

Evident in all four types of innovation: product, process, organizational and marketing

Canadian businesses becoming increasingly innovativeA new report released Tuesday by Statistics Canada says Canadian businesses are becoming more innovative. The federal agency said the number of innovative enterprises increased 12.5 points to 79.3 per cent in 2015-2017, up from 66.8 per cent in 2007-2009 and 63.5 per cent in 2010-2012. “This greater propensity to innovate by Canadian businesses may…

Putting an industry-wide bad habit to a stop

Bill Pawluk of Convertible Concepts talks about bringing change to freight industries by promoting innovative technologies

Putting an industry-wide bad habit to a stopBill Pawluk is CEO of Convertible Concepts, What is Convertible Concepts and what do you do? Pawluk: Today’s conventional auto carrier systems around the world are purpose-built to transport only vehicles. This means if a carrier transports vehicles from the point of origin to a dealership, for example, and there are no vehicles coming back…

Growing through productivity and innovation

Lori Schmidt of GO Productivity talks about how a made-in-Alberta strategy helps companies reach their potential and set new goals

Growing through productivity and innovationLori Schmidt is CEO GO Productivity. Can you explain what GO Productivity is and what it does? Schmidt: GO Productivity is a not-for-profit corporation whose mission it is to assist companies scale up and grow through productivity and innovation – enabling companies to improve their completeness and compete on a global scale. GO Productivity started…

Building lasting stability in the western Canadian economy

My advice for Western Economic Diversification Canada as it builds a 10-year strategy for growth

Building lasting stability in the western Canadian economyWestern Economic Diversification Canada is working on a 10-year strategy to make the four western provinces competitive, innovative and inclusive, attracting business and investment and generating good jobs. To build the strategy, they’re seeking answers to the five questions below. Here are my thoughts on those questions: What does a stronger western Canadian economy look…

Why businesses need to embrace a long-term view

Adam Legge of the Haskayne School of Business works to provide firms with the tools to handle disruption while looking to the future

Why businesses need to embrace a long-term viewAdam Legge is director of Global Business Futures Initiative|Canadian Centre for Advanced Leadership at  the Haskayne School of Business at the University of Calgary. Calgary’s Business: What is the Global Business Futures Initiative|Canadian Centre for Advanced Leadership? Its purpose and mission? Legge: The purpose of the Global Business Futures Initiative is to enable firms to focus…

Ontario can spur entrepreneurship by cutting personal income taxes

To stop the decline in entrepreneurship in the province, Ontario must refrain from further increases in the province’s top income tax rate

Ontario can spur entrepreneurship by cutting personal income taxesBy Ergete Ferede and Charles Lammam The Fraser Institute Entrepreneurship remains a vital source of innovation, which helps grow economies and provide employment opportunities for Ontarians. Unfortunately, several recent studies have found fewer businesses are being started in Ontario (and Canada as a whole), pointing a long-term decline in rates of entrepreneurship. This down­ward trend…

How to spur entrepreneurship in an aging population

Policy levers can strengthen incentives for entrepreneurship and improve the likelihood of successful new business startups

How to spur entrepreneurship in an aging populationBy Steven Globerman and Jason Clemens The Fraser Institute Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress – and, subsequently, a driving force for improved living standards. Yet there’s little discussion, let alone action, among governments in Canada to stem the adverse effects of demographic change on entrepreneurship, specifically…

6 tips for inspiring innovation in your employees

Make innovation a priority with these six tips, and you'll be surprised at the ways your workplace and employees transform

6 tips for inspiring innovation in your employees(Troy Media) While not every company aspires to innovate, every company would nevertheless benefit from increased creativity in the workplace. Whether it ends up revolutionizing your product line, improving your supply chain's efficiency, or simply boosting your office's morale, innovation in the workplace should not only be welcome but encouraged. Instead of waiting for the…

Talking the talk, walking the walk of disruptive innovation

Canada's oil and gas sector needs to move forward in brave new ways, and that requires a new level of sharing and communication

Talking the talk, walking the walk of disruptive innovation(This is the fifth in an occasional series profiling organizations committed to more productive energy talk.)  Innovation talk may well be the one force capable of putting Canada's energy sector – particularly upstream oil and gas – back on its feet. But we have to get it right. That means creating – through talk –…

Turning Alberta’s inactive wells back into assets

Part 3 of a six-part series: ReGenerate Alberta wants to seize a business opportunity and answer a social challenge all at once

Turning Alberta’s inactive wells back into assetsAlberta has a skeleton in its closet no one really wants to talk about. Even when we do, the bone rattling isn’t necessarily good talk. The problem is Alberta’s steadily-growing ranks of aging oil and gas assets that haven't been properly readied for (permanent) retirement. The liability those aging assets represent has burgeoned steadily over recent…

We’re flushing money and resources down the drain

To Dr. Nicholas Ashbolt, wastewater has great value, but realizing that value requires an infrastructure overhaul

We’re flushing money and resources down the drainOnce you learn what Dr. Nicholas Ashbolt does for a living, you’ll never look at plumbing the same way again. Ashbolt believes it’s time for a paradigm shift in the way we think about water, sewage and public health. From his perspective, wastewater has value and we should stop flushing money and resources down the…

Wells-to-wheels meets farm-to-fork

A supercluster project is pairing the once-disparate oilsands and oilseeds industries. The benefits could impact all Canadians

Wells-to-wheels meets farm-to-forkCan two acronyms help position Canada as a global economic and environmental leader? Or, what do oilsands companies and oilseeds producers have in common? (Here's a hint: air, water and land.) Just ask SASC and CRIN. The first is the Smart Agri-Food Supercluster, the latter is the Clean Resource Innovation Network. One is obviously a product of…

Protein providing muscle to the Smart Agri-Food Supercluster initiative

Four beef-sector case studies illustrate how SASC can magnify and amplify their impact

Protein providing muscle to the Smart Agri-Food Supercluster initiativeThe Smart Agri-Food Supercluster is one of nine groups awaiting word from the federal government on whether it will share in the $950-million innovation supercluster fund established earlier this year. It’s conducting innovation community meetings across Canada to help the sector understand its economic, environmental,  job creation and innovation impact.) How big is your innovation…

Don’t wait until your business is in pain to find a cure

Prioritize your problems, identify all the best possible solutions to the most important issue and decide how to implement them

Don’t wait until your business is in pain to find a cure“Gross!” my kids yelled as I showed them the big lump of yellow wax that I had just picked out of the sink. To me, this lump of “gross” wax was a relief. A few days earlier, I had barely survived a flight from Rome to Dublin without screaming in pain. My ear was plugged and…