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KEI Network – Issue #60 – Economic Diversification – Purpose, Progress, Prospects
YOUR views of the economy can be expressed by completing our semi-annual sentiment survey of economic resilience and innovation. Both required patience/ time for development of the requisite infrastru
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Issue #60
10OCT21
Network & Share
Discover & Learn
Economic Diversification – Purpose, Progress, Prospects
This week’s public webinar features a live interview of Justin Riemer, Western Economic Development
Thursday, October 14th 4:00PM MT
https://us02web.zoom.us/j/85896241732
Economic Resilience & Innovation
We are devoting October’s weekly newsletters and public webinars to an exploration of the forces and sources of change shaping the current and future economy. YOUR views of the economy can be expressed by completing our semi-annual sentiment survey of economic resilience and innovation.
The fall survey is now open HERE
https://www.surveymonkey.com/r/YLHF5D9
Former recorded webinars are accessible
Send comments to Perry@PerryKinkaide.com
MODERATOR – Perry Kinkaide. KEI Network
PRESENTER
Justin Riemer as Assistant Deputy Minister (ADM) with Western Economic Development is working to diversify the economy while improving the quality of life of western Canadians. He leads a team in Alberta to build a strong, competitive West by focusing on business development, innovation and community development. He is a former ADM with the Alberta Government’s Health’s Innovation and External Relations Division leading his team to facilitate increased innovation adoption in the health care system with the goal of building the strongest health innovation ecosystem in Canada. Prior roles as ADM in the Alberta Government included the Enterprise Division and Economic Competitiveness responsible for industrial development, economic development policies and programs, as well as entrepreneurship, regional and northern development. He also served as Executive Director of the Industry Development Branch of the Enterprise Division within the Ministry of Alberta Finance and Enterprise.
GUEST PANELISTS
Peter Josty is Executive Director of THECIS, a not for profit research company that specializes in innovation research. THECIS carries out three main activities: research projects for clients relating to innovation; it organizes events such as breakfast meetings, workshops and InnoWest, the western Canadian innovation conference, to promote networking in the innovation community; and it educates graduate students in science, engineering in medicine about the fundamentals of innovation and the basics of starting a business. Before this he had a diversified career in the chemical industry in Canada, holding positions as research chemist, market development specialist, technical manager, new products application manager, business development manager and head of strategy and planning. In these roles he was a practitioner of innovation and led numerous new product introductions to North American markets.
Peter has a PhD in chemistry from the University of London and an MBA from IMI [now IMD] in Geneva Switzerland,
Alice de Koning is the Academic Director of the Hunter Hub for Entrepreneurial Thinking at the University of Calgary. The University of Calgary is committed to becoming an entrepreneurial campus, and implementing a broad-based strategy that serves the university, the city of Calgary and beyond. She is a Teaching Professor in entrepreneurship and strategy at the Haskayne School of Business, University of Calgary. Her research considers how social and institutional contexts affect entrepreneurial cognition and opportunity recognition. Her current projects include metaphors for entrepreneurship in public discourse, how successful entrepreneurs create entrepreneurial family legacies, the impact of experiential learning methodologies on student outcomes, and exploring business models for social enterprises.
Alice graduated from INSEAD (PhD) and the Ivey School of Business, Western University (MBA). She was previously on the faculty at Bertolon School of Business, Salem State University, J. Mack Robinson College of Business, Georgia State University, and Stockholm School of Economics, and has spent time as visiting scholar at Boston University and The Wharton School, University of Pennsylvania.
Eric Newell is a retired industry leader and business executive with an exemplary record of community service. He has served in senior leadership positions with Syncrude Canada – the world’s largest producer of crude oil from oil sand; President of the Alberta Chamber of Resources, and early career with Imperial Oil Limited and Esso Petroleum Canada. Eric continues to play an active role promoting and creating opportunity for the wider community: serving on the University of Alberta’s Board of Governors including four years as Chair and installed as the 18th Chancellor. Eric also has served as Board Chair of the Climate Change and Emissions Management Corporation and the Alberta Innovates – Energy and Environment Solutions and was named co-chair of the Council of Canadian Academies on the Expert Panel on the Potential for New and Emerging Technologies to Reduce the Environmental Impacts of Oil Sands Development. Mr. Newell has served as: Director of the TELUS World of Science, Board Chair of CAREERS: The Next Generation; Director, The Gairdner Foundation; Director, Canadian Ditchley Foundation; Director, Alberta Blue Cross Benefits Corporation Foundation; Director, Melcor Developments Ltd; Honorary Chair, Centre for Family Literacy; and Policy Advisor to The Learning Partnership and Special Advisor to the Provost, University of Alberta.
Eric Newell holds a Masters of Science in Management Studies, University of Birmingham, England, and a Bachelor of Applied Science in Chemical Engineering, University of British Columbia. He is an Officer of the Order of Canada, a member of the Alberta Order of Excellence, and has had Honorary Doctorates conferred on him by several Canadian universities. The Energy Council of Canada named Eric as the 2003 Energy Person of the Year and he was inducted into the Canadian Petroleum Hall of Fame in September, 2010. In 2012, he was recognized by the Canadian Council for Aboriginal Business with the Award for Excellence in Aboriginal Relations for his enduring commitment to the prosperity of Aboriginal communities. Additional honours for his contributions to the advancement and support of Education.
Last week’s public webinar – “The Economy and Economic Recovery” featured an interview of Robert Roach and follow-on discussion now posted HERE https://youtu.be/9PXpwuHVCY0 Highlights and insights include:
- Modern economies are more diversified and more resilient reflecting a balance between production, consumption, and exchange
- The economic plight of the world, Canada, and Alberta are increasingly dependent on energy
- Development of the oil and gas industry was driven by fear of “peak oil”; today it is in transition evoked by the fear of climate change and reshaped by emerging technologies and a new found respect for the environment
- Oil and gas extraction contributes as much to Alberta’s GDP as does manufacturing for Ontario
- Change from the top – government, requires leadership with influence; change from the bottom – the market, required a demanding constituency. Both required patience/ time for development of the requisite infrastructure
- The favoured role of government in a liberal democracy is as a patient facilitator of market driven innovation
- In the face of increased competition or pubic discontent, centralized decision making is faster and tempting
- Digitization and personalization are transforming entire industries and profession by disrupting their supplier and consumer relationships
- Privacy, trust, and government intervention are issues of more concern to older than younger generations
- Leadership with foresight such as for energy and agriculture, health and education, can be executed by government through policies and procurement.
TRIBUTE
To Journalists
“The plight of journalists today cannot be underestimated. We neglect, disparage and suppress the written word at our own peril. To arrive at a better future, we have to imagine it first. To imagine it, we need the talents of those who observe with an acute eye and deliver honest words to the page or screen; words with the power to slay slogans, propaganda and manipulations; words that can return us to the innumerable truths of life as it is livered, to the truths we all share as human beings wherever we are on this small, troubled planet we love.”
– Alison MacLeod REFERENCE
Join Us
Economic Diversification – Purpose, Progress & Prospects
This week’s public webinar features a live interview of Justin Riemer, Western Economic Development
Thursday, October 14th 4:00PM MT
https://us02web.zoom.us/j/85896241732
Nuclear Watch
Research progress sets timing and impact of nuclear fusion
China’s artificial star to halt crisis
Energy Transition
Canada losing out
China Watch
Understanding China’s leadership potential
FinTech
Technology disrupting financial sector
Climate Change
Educating the next generation
Future job prospects – data and health
Inflation
Health & Bio-tech
Manipulating Life and Lifestyle
ESG Activism
Values-based advocacy – wokey
Economic Resilience
We have partnered with several organizations in the interest of extending the coverage of our semiannual sentiment survey of economic resilience, the associated role of government, and the innovation ecosystem.
The fall survey was launched October 1st
PARTNERING
If you have an interest in partnering with us contact Perry@PerryKinkaide.com
Results of the spring 2021 survey can be viewed HERE
NEXT WEEK
WEDNESDAY October 20th 3:30 – 5:00pm MT
https://us02web.zoom.us/j/85896241732
Third in the series exploring the economy, economic diversification, and innovation. The webinar will explore the role of innovation and fixing the ecosystem featuring Greg MacGillivray – Scenarios To Strategy as facilitator with presentations by: Terry Rock – Platform Calgary, Michael Robinson – Haskayne School of Business, and Ling Huang – Technology North.
Sign up for Troy Media’s daily editorial and news updates HERE
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