Embed Size (px)
DESCRIPTION
Canada wants to compete in the global economy, but never seems to get there. The country has a highly educated population, a strong technology infrastructure, the people put in more hours per year of work than almost any other. Is government regulation holding Canada back? Is the business culture and social culture risk and technology adverse? Find out the facts in this report based on the World Economic Forum's Global Information Technology Report 2010-2011.
Citation preview
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
hOp://www.base22.com 2
3
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?
4
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…
hOp://www.base22.com 6
Network Readiness Framework
hOp://www.base22.com 7
4
13 4
6
20 27
23 22
5
8
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
hOp://www.base22.com 8
hOp://www.base22.com 9
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.
hOp://www.base22.com 11
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
hOp://www.base22.com 12
13
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
hOp://www.base22.com 14
