Download - The State of Productivity in Canada

State of Produc-vity in Canada As of 2010-‐2011

Overview

•  Produc-vity is a necessary ingredient to compe-ng in the global economy and to improve your ci-zen’s standard of living •  Educa-on is oDen seen as a key to produc-vity and Canadians are well educated. •  Why, with an educated workforce and the necessary technology infrastructure, does Canada lag so far behind other developed na-ons? •  I take a look at the World Economic Forum’s Global Informa-on Technology Report 2010-‐2011 to review and summarize the reasons

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Top 10 technology savvy countries?

"   United States "   Korea "   Canada "   Sweden "   Singapore "   Finland "   Switzerland "   Denmark "   Taiwan "   Norway

Can you place these countries in the right order of tech savvy?

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2010-‐11 Ranking: World Economic Forum

1.  Sweden 2.  Singapore

3.  Finland 4.  Switzerland 5.  United States 6.  Taiwan 7.  Denmark 8.  Canada 9.  Norway 10.  Korea Republic

Global IT Readiness report 2010-2011

Canada falls in technology rankings…

"   Canada trails seven countries when it comes to using technology to compete on a global scale

"   “Canada ranks 20th in the world for spending on research and development and comes in 95th for mobile phone penetra-on.”

"   QUESTIONS:

" Is this a ‘bad’ rating? " Should we feel bad about how we are doing on a global

scale? " How are we not living up to our full potential? " Where are we missing the boat?

Before we answer…

•  Let’s look at the facts of the report…


Network Readiness Framework


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World Rank

World Rank

So what’s holding Canada back?

•  The market environment is ready (4th in world) •  The infrastructure is in place (4th) •  The government is using IT internally (5th) •  The people are ready to use IT (6th) •  But…

•  Businesses aren’t using the infrastructure (22nd) •  Individuals aren’t using the infrastructure (23rd) •  Businesses aren’t embracing IT (20th) •  Government not promo-ng IT on the na-onal agenda and compe-veness plaborm (27th)

•  For detailed interpreta-on, see the full document page 7 and Tables 2, 3 and 4 on pages 14, 15 and 16


What others are saying…

"   Businesses aren’t mo-vated to use technology in some sectors because Canadian regula-ons shelter companies from severe interna-onal compe--on

"   Our big challenge in Canada is we don’t draw on the technology that’s out there

"   « We don’t realize our full poten2al » " Jim Milway, execu-ve director of the Ins-tute for Compe--veness and Prosperity.

What others are saying…

•  “We believe there is a strong correla-on in investment in informa-on and communica-on technology and produc-vity,”

•  Tamer Azer, researcher, Canadian Ins-tute for Compe--veness

■  Closing the gap between the leading countries and Canadian business investment in technology should be a priority.


Wake up Call

•  “Ontarians are among the world leaders in work effort – that is, the hours of work per person. But we are laggards in crea-ng economic value per hour worked.” •  Roger L. Mar-n, Chairman, Task Force on Compe--veness

•  Ontario has many of the building blocks to achieve our full prosperity, produc-vity, and innova-on poten-al.

•  Roger L. Mar-n

•  We are working harder than our peers… not smarter •  Task Force on Compe--veness, Nov 2010


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We need to pull it together to make our businesses thrive

"   We have the skilled people "   We have the infrastructure "   The government red tape has been cut "   Our tax rates make us compe--ve on a world wide level… "   WE HAVE ALL THE BUILDING BLOCKS "   BUT:

" Need to embrace new technologies, new methods " Canadian managers are less comfortable when it comes to integra-ng new technologies in to their business

So, is this a ‘bad’ ra-ng?

•  No, it means that there is much room for improvement..

•  If countries as small and frozen as Finland and Sweden and Switzerland (positions 1, 3 and 4) can be consistently higher rated than we are, we can do the same…

• leverage what you have • evaluate risk • seek out experts • use the R&D knowledge in the Universities


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Contact Informa-on

"  Robert Narejko " [email protected]