This presentation was given at the Gearing Up for Growth conference in London, Ontario on March 27th, 2012. The presentation highlighted and discussed key human resource strategies and policies to enable and foster a culture of innovation in any organization.

1. Growing Innovation
Gearing Up For Growth Conference
London, Ontario
Presented by Don Duval
March 27th, 2012

2. 1. Provide an overview of MaRS, our mandate,
and the programs we offer to meet the needs of
our entrepreneurial community
2. Discuss tools and techniques that companies,
both large and small, can use to foster and
manage innovation to enhance shareholder /
stakeholder value
3. Provide an opportunity to address any questions
you may have
2

3. MaRS is a non-profit innovation centre connecting science,
technology and social entrepreneurs with business skills,
networks and capital
MaRS helps to create successful global
Mission businesses from Canada s science and
technology
Who we Early stage science and technology ventures
Serve and innovative social purpose businesses
Measure of
Job and wealth creation for the economy
Success
3

4. Competing is one thing…
Winning
is another!

5. 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.

6. Big Country
but few people…
33
Million
People
VS.
300
Million
1.1
Billion
1.3
Billion
6

7. As part of MEDI’s Ontario Network of Excellence MaRS acts
as Toronto’s Regional Innovation Centre (RIC) while delivering
key programs such as the Investment Accelerator Fund, SiG at
MaRS and the Business Accelerator Program
7

8. Phase I"
Phase II"

9. Improving
Commercialization Building Next Generation
Output from Academe Startups
9

10. Business
Advice Education Access
and and Insight to Capital
Mentorship
Networks, Talent, Customers and Partners"
Programs for High Growth Ventures, Policy Initiatives, and Special Projects "
10

11. The importance of
History and
Place
and
Culture

12. 1 2 3
Human resources A proposed Execution and
and policy levers methodology for implementation
to encourage and identifying, strategies to
incentivize both segmenting, and ensure the process
employees and refining the best of translating ideas
customers to ideas and to commercial
actively opportunities to opportunities is
contribute in the pursue replicable and
innovation process flexible based on
the nuances of
your business
12

13. You’re here for a good time, not a long time…
• Adopting and
Human resources celebrating the culture
and policy levers to of your customers within
encourage and your organization; create
incentivize both something new!
employees and
customers to • The organization as a
actively springboard opportunity
contribute in the as part of one’s broader
innovation process career progression
• No more regular full-
time employment
contracts? 13

14. You’re here for a good time, not a long time…
14

15. Get rid of matrixes – find and trust the right people!?
• Get rid of matrices,
scoring templates, etc…
A proposed
find and trust the right
methodology for
identifying, people
segmenting, and
refining the best • Identify the right
framework and design
ideas and
to foster the process
opportunities
to pursue
• Keep trying until it feels
right and delivers
results
15

16. Get rid of matrixes – find and trust the right people!?
16

17. What works for one, may not work for all…
Execution and The MaRS Ecosystem
implementation
strategies to ensure
the process of
translating ideas to Business
commercial
opportunities is
replicable and Science / Capital
Technology
flexible based on
the nuances of
your business
17

18. What works for one, may not work for all…
18

19. What works for one, may not work for all…
History, Place, and Culture
19

20. Culture of
Entrepreneurship

21. Don Duval
Vice President
MaRS Discovery District
dduval@marsdd.com
Twitter: don_duval
Speakerfile: don.duval