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Sarah Hickman

Articles by McKinsey Quarterly: Online Business Journal of McKinsey & Company. Business... - 0 views

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    As McKinsey & Company's business journal, The McKinsey Quarterly offers public, non-profit, and private management "new ways of thinking." Focus is placed on strategy, corporate finance, governance, economic studies, IT, organization, marketing, and operations. Articles are free (dating back to 1992), a selection of which are available with free registration. Some "premium" articles are available to Premium Members (paid subscribers).
Assunta Krehl

Brain games keep minds nimble - The Star - February 25, 2010 - 1 views

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    Brain-obsessed boomers map out new ways to navigate toward a brighter future. Cogniciti is a Toronto-based businessand was created in partnership between two non-profit organizations, Baycrest and MaRS Discovery District. This year, Cognicity will begin test marketing Memory@Work, a brain game grounded in 20 years of cognitive research and aimed at helping boomers stay in the workforce longer.
Cathy Bogaart

PHILANTHROPY 2173 - 0 views

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    A blog about the business of giving - a good read for non-profits and other social-good institutions who would like to rely at least partially on philanthropy.
Assunta Krehl

Urban Planner: December 15, 2009 - Torontoist - 0 views

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    On Dec 15, 2009 the ELNStudio program launched, as created by the Emerging Leaders Network (ELN). This group is an initiative of the Toronto City Summit Alliance of 2006, consisting of leaders who work in the private, public, and non-profit sectors of Toronto, and who want to improve Toronto through creative city planning. Today's conference is all about networking with other emerging leaders, as well as exploring some of the projects that ELNStudio will be working on over the coming year. Dec 15, 2009
Sarah Hickman

MaRS Discovery District - Recommended Resources - Global Market Reports - VHA Research ... - 0 views

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    "The United States spends more on health care-related research and development than any other country. In 2003, it was estimated that the Federal government alone spent over $26 billion. Pharmaceutical companies, device manufacturers and other private companies invested over $10 billion more. At its best, the American health care system is capable of delivering care unsurpassed anywhere else in the world. Yet, a 1999 Institute of Medicine study estimated that as many as 98,000 Americans die each year from hospital related medical errors. A recent study by the Rand Corporation (a non-profit think tank) concluded that less than 50 percent of encounters with doctors and hospitals resulted in optimal, evidence-based treatment. Studies show that as many as 42 million Americans - almost 15 percent of the population - lack health care insurance. Surveys reveal that patients do not feel they have adequate information about their conditions, and that their experience with health care ranks below that of most other sectors, in fact below that of the post office. In the aggregate, the country is spending nearly $2 trillion on health care, and yet the nation's health care system does not meet acceptable thresholds for safety, quality, access or cost. In 2005, VHA Health Foundation's board of directors sought to better understand the reasons behind this paradox. The foundation commissioned Larry Keeley and his associates at Doblin Inc. to apply the rigorous analytical methods that are used in their evaluation of other American industries and companies. The project set out to discover when, where and how innovation was taking place in health care. It also sought to identify organizations that were developing model innovation processes, and to explore where opportunities for successful innovation might lay."
Sarah Hickman

Social Entrepreneurship Consortium, Inc. - 0 views

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    This Toronto based incorporation brings entrepreneurs, public and private companies, investors, non-profit organizations, academia, professionals, and government to promote the social value of innovation. SEC has an Advisory Board, a large global networking of business partners, a news feed, and a personal business model, to be found at http://www.seconsortium.com. Social individuals with business and management skills are welcomed to join the team.
Sarah Hickman

Rotman NeXus - 0 views

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    Rotman NeXus provides a variety of services to non-profit and social enterprise businesses. In addition to providing organizational help including budgeting, market research, and operational design, Rotman NeXus calculates the social and economic impacts of projects for a small fee. Roman NeXus is staffed by University of Toronto's second year Joseph L. Rotman School of Management top-tier MBA students.
Cathy Bogaart

Welcome to EUC2C.COM - 0 views

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    This is the kind of environment that Ontario is trying to build: The EuC2C partnership is an inter-sectoral group of organisations committed to making European businesses more innovative and competitive in the long term. The knowledge, skills and networks of the partnership complement each other, containing as it does a communications focussed SME, the world's most specialised firm in helping develop cluster-based programmes, a Europe-wide network of business innovation centres, a non profit national body for SME development, an independent SME training consultancy specialising in multimedia training and a specialist marketing communication company.
Assunta Krehl

Developing a strategy to address chronic pain in Ontario - Patients, clinicians and res... - 0 views

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    ACTION Ontario, a non-profit organization comprised of doctors, other health-care professionals, researchers and patients, is bringing people together to create awareness about the cost of chronic pain and to develop possible solutions to help address this debilitating problem on Nov 3 from 1-4pm at the MaRS Centre.
Assunta Krehl

Want eco-friendly towers? Start by digging deep - The Globe and Mail - 0 views

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    Four new luxury towers going up in downtown Toronto have missed the opportunity to tap into geothermal energy - and reduce their energy footprints accordingly. Tom Rand, the clean-tech adviser at MaRS (the non-profit innovation institute in Toronto's downtown hospital district) is the owner of the Planet Traveller eco-hotel soon to open just west of the MaRS complex, on College Street.Rand had grown cynical about the "greenwashing" of the hotel industry (properties trumpeting themselves as eco-friendly because they provide daily new towels and sheets only on request). He determined, instead, to create a low-carbon hostel for young travellers. Nov 6, 2009
Assunta Krehl

A different pace to leadership - The Globe and Mail - 0 views

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    Ilse Treurnicht, CEO, MaRS Discovery District is one of the award winners of The Women's Executive Network (WXN)(TM) prestigious 2009 Canada's Most Powerful Women: Top 100(TM) Awards. MaRS Discovery District is a non-profit innovation centre that brings science and technology entrepreneurs together with business leaders. Nov 30, 2009
Assunta Krehl

Pharmafocus.com - 0 views

  • Canada has always had to fight hard to attract talent and investment
  • MaRS Vital to Toronto's life sciences vision is MaRS (derived from Medical and Related Sciences) a non-profit organisation and business centre located in the heart of the city. Its core function is as a biotech incubator and business park, known as MaRS Discovery District. The venture was first established in 2000 to help foster and accelerate the growth of successful Canadian businesses and, after some uncertain times, it is now gathering momentum. A separate technology transfer office, MaRS Innovation, has also been established that, it is hoped, can be a world beater in its own right (see Turning good ideas into world beaters below). The location of the MaRS building in central Toronto is important, as it is just a stone's throw away from an existing cluster of universities and academic hospitals. MaRS has many links with other research-based organisations, including collaborations with three local universities, 10 academic teaching hospitals and the Ontario Institute for Cancer Research. MaRS occupies the Old Toronto general hospital, where insulin was first discovered by Best and Banting in 1921 and then developed for use in human trials. The 21st Century organisation can build on this heritage in patient-focused discovery and development. Formerly the head of venture capital firm Primaxis, Ilse Treurnicht is chief executive of MaRS Discovery District. She acknowledges the crisis in venture capital funding, and says Canada's sector has always had less access funds through this route than other countries. This is one of the drivers behind the search for a new approach. Treurnicht says the old models of building biotech and life sciences businesses have to be discarded, as they have failed to build companies with critical mass. She says MaRS' new 'Convergence Innovation' strategy of bringing science, capital and business together will pay off.
  • "We call our strategy 'Convergence Innovation' and what we are trying to do is move away from the old linear model of academics struggling in their spare time to build companies or entrepreneurs doing this in a very incremental way."It takes time and it has many risk points along the way. So using this Convergence centre model to create a much more dynamic organisation which can help accelerate good ideas towards the commercialisation." But she says Canada's geography and demographics are always going to be a challenge. "This is a very large country with a small population. If you think in terms of clusters and hub regions, Canada's business hubs are separated geographically, and there is not much in between in terms of people."That means we can't try to be a little United States, because we just won't show up on the radar. We have to take a different approach. We have to think about collaboration as our potential competitive advantage - that means using networks and associations to solve problems and build businesses."So as new opportunities emerge, we can take them to market faster and hopefully with a higher success rate." The centre currently accommodates numerous start up companies, as well as those providing legal and financial services to them. AstraZeneca and GlaxoSmithKline also have offices on site. In all, MaRS provides mentoring for over 200 different companies across Ontario, and runs courses on entrepreneurship and preparing products for market.
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  • Transition Therapeutics is one of the companies based at MaRS, and is an example of a biopharmaceutical company that is taking a new approach to the science and business of drug development.
  • Now Toronto's MaRS Innovation (MI) has been launched to try to guide and accelerate these promising ideas out of the wilderness and onto the market. MI is a not-for-profit technology transfer company that will channel all the best ideas to come out of Toronto's renowned academic centres. In the Toronto and Ontario area there were between 14-16 different technology transfer offices in the different institutions, and MaRS Innovation resolved to bring these interests together into a single entity after industry partners told them it was an inefficient way to do business. Bringing together the different institutions under one umbrella organisation has been an arduous task for MaRS, but the reward could be considerable for all parties. MI now oversees probably the largest intellectual property pipeline of its kind, representing about $1 billion in annual research spending. This means MI will be a unified route for all of Toronto's academics and their institutions when they want to develop and commercialise a bright idea. Most importantly, investors from industry who are looking to collaborate will now be able to deal with just organisation and one IP process. MI will cover patentable ideas across a broad range of areas, and not just life sciences - the discovery pipeline in physical sciences, information and communication technology, and green technology ('cleantech') will all be funnelled through MI. MI now represents three universities, 10 academic teaching hospitals and the Ontario Institute for Cancer Research. MaRS Innovation, with support from MaRS and BioDiscovery Toronto, will advance commercialisation through industry partnerships, licensing and company creation.
  • ts chief executive is Dr Rafi Hofstein. Hofstein has been headhunted from Israel where he was chief executive of Hadasit, the technology transfer company of the Hadassah Medical Organization in Jerusalem and chair of the publicly-traded company Hadasit BioHolding. He brings this considerable experience in technology transfer to what he thinks is a groundbreaking enterprise."MaRS Innovation is a unique global initiative, and I must commend the institutional leaders in Toronto for pulling this innovation powerhouse together to strengthen commercialisation output." He adds: "I believe this is going to modernise the whole notion of tech transfer." He says the scale and diversity of MaRS Innovation's remit puts it into a league of its own. Other research clusters elsewhere in the world have attempted similar projects before, but have been thwarted by the difficulty in bringing parties together. MaRS Innovation will also help launch and grow new spin-off companies and incubate them for 2-3 years to ensure a strong commercial footing. Hofstein says MI will also fund proof of concept trials which will persuade major pharma companies to invest in their development.
  • MI has just announced its first two commercialisation deals with academic partners in the city. The first is with the Samuel Lunenfeld Research Institute of Mount Sinai Hospital to develop stem cell from umbilical cords to treat cardiovascular disease, diabetes and neurological disorders. "With the Toronto area identified as a world-leading cluster in stem cell research, we are extremely excited to have identified this technology as our first commercialisation opportunity," said Dr Hofstein.
  • "Our partnership with MaRS Innovation on developing methods for using stem cells for diseases such as diabetes will allow us to work towards advancing care for these critical conditions."
  • The second collaboration is between MI and The University of Toronto (U of T) and involves a novel sustained release formulation of nitric oxide (NO) for applications in wound healing, including diabetic ulcers. "There are 300 million diabetics worldwide, of which some 15% develop troublesome foot ulcers. This wound healing technology is extremely exciting, making it an early commercialisation opportunity that MaRS Innovation has identified as being a potential win for some 45 million diabetics globally," said Dr Hofstein.
  • "This is one of many new commercialisation ventures that will be initiated by MaRS Innovation, our partner in commercialisation of research with 13 other academic institutions across the Greater Toronto Area," said Paul Young, U of T's vice-president, Research. "We at U of T are delighted that this innovation from Dr Lee will be taken to the marketplace to the benefit of society and the economy of Ontario and Canada." By aggregating the leading edge science of its institutional members and being a one-stop commercialisation centre for industry, entrepreneurs and investors, MI could really help put Toronto and Canada on the map."MaRS Innovation is deeply committed to facilitating strategic research collaborations with industry partners, strengthening the innovation capacity of Canadian industry through adoption of new technologies, and launching a new generation of robust, high-growth Canadian companies that will become global market leaders," added Dr Hofstein. "We look forward to working closely with all of our institutional members and to continue to jointly announce exciting commercial opportunities."
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    Canada has always had to fight hard to attract talent and investment. As stated in Pharmafocus.com, "MaRS Discovery District helps to foster and accelerate the growth of successful Canadian businesses." MaRS Innovation has also been launched to accelerate ideas onto the market.
Assunta Krehl

Problem-solving surprisingly profitable - The Star - 0 views

  • The agency is now working with Toronto's non-profit innovation centre, MaRS, to develop a marketing plan, which it never had.
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    St. Stephen's House, a downtown social agency is one of Toronto's successful social enterprises. Mention of how St. Stephen's House is working with MaRS in developing a marketing plan. April 15, 2009
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    St. Stephen's House, a downtown social agency is one of Toronto's successful social enterprises. Mention of how St. Stephen's House is working with MaRS in developing a marketing plan.
Assunta Krehl

Go to MaRS - Canadian Newcomers Magazine - 0 views

  • nd development of new ideas. It provides not only office and lab space but also free mentoring assistance to new businesses in science, technology and social innovation. While there are probably no chickens hatching at MaRS, it wouldn't be at all surprising to find a company working on, say, a vaccine for bird flu. Approximately 20 incubator companies are currently housed at MaRS, including Clera Inc. - which is developing treatments for schizophrenia and depression; AXS Biomedical Animations Studio - a company that creates 3D medical animation for biomedical research and other applications; and Kanata Chemical Technologies (KCT), which has had great success developing catalysts for the chemical industry (catalysts speed up chemical reactions without being changed or consumed in those reactions
  • All of the above definitions could apply to the wider innovation community connected with the MaRS Centre. Located in the heart of Toronto's Discovery District - a 2.5 sq. kilometre downtown research district, MaRS is a non-profit environment for the birt
  • KCT founder and president Kamal Abdur-Rashid came to Canada in 1997 with a degree from the University of the West Indies
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  • With support from the Mississauga Technology Business Accelerator (MTBA) he started his business, which grew to occupy some state-of-the-art labs at MaRS and is about to take the next step forward by moving its business outside of the protecting and nurturing environment of MaRS. This is the entire purpose of MaRS, which says on its website (www.marsdd.com), "We measure our success through the companies that emerge after receiving help from MaRS." "The resources, the facilities, the training and everything else that MaRS is bringing to the table - we're able to capitalize on that and get off on a very solid footing," says Kamal. Inside the Incubato
  • Whether you're looking for work - or you want to start your own business, MaRS is one of the best places to start your search.
  • Everybody you talk to in the elevator, the hall, the cafeteria - they are all in the science field - so you can network with one another," says Ratheesh. "MaRS does not just provide research space, they are bringing business people, people with money." These are the connections that can turn your idea into a profit-making business that employs many people. This is exactly what MaRS is all about. As they say on their website, "MaRS connects the communities of science, business and capital and fosters collaboration among them." MaRS advisors are able to connect entrepreneurs with private funding opportunities as well as free educational programming and hands-on advisory services. Corporate sponsor CIBC funds an entrepreneurship lecture series, for example. Ratheesh adds, "Patent people are here as well, so if you have patentable technology, you can talk to them." Once you start your business, MaRS offers many supports. "When we had the lab space we had the chemical hood that had to be set up so MaRS came and provided people to set up our hood," explains Ratheesh. "They help us dispose of chemical waste, provide water service, fridge and freezer service - so these are all important. "For smaller companies that have problem buying fridges and freezers, they can use common equipment." MaRS facilities also include lecture theatres, meeting rooms and an auditorium. Growing Cultures Bacteria and tissue cultures aren't the only cultures that thrive in the MaRS environment. It's also a great place for newcomers from every culture to
  • Clera, one of many emerging companies housed in the MaRS incubator.
  • He says, "MaRS is a one-stop shop for job and information seekers. Here we have many companies - so quite a few job opportunities
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    A look at Canadian immigrants who started a business and are incubating at the MaRS Centre. KCT and Clera, MaRS Tenants tell their stories. Jan/Feb 2009
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    A look at Canadian immigrants who started a business and are incubating at the MaRS Centre. KCT and Clera, MaRS Tenants tell their stories.
Cathy Bogaart

Mobile Volunteerism - NetChange by Dale Zak on Prezi - 0 views

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    Dale Zak's presentation from Net Change Week on Mobile Volunteerism. It profiles Extraordinaries, Ushahidi, Samasource, VMConnect, Causeworld - social ventures that are helping volunteers do meaningful work by using technology. Dale is a mobile software developer passionate about social change.
Assunta Krehl

MobileMonday Toronto Hosts Global Mobile Leadership Summit - Marketwire - 0 views

  • On October 5th, MobileMonday Toronto will host a Global Mobile Leadership Summit with a panel of veteran business leaders who will share their knowledge, thoughts and experiences on opportunities and challenges for Canada to become more of a global leader in mobile and communications.
  • The panel of three leaders will be led by a moderator with questions and answers open to the audience. The event is being held in conjunction with MobileMonday Toronto's partnership with MaRS.
  • The October 5th meeting will take place at the MaRS facility, located at 101 College Street (south east corner of College and University) The meeting starts at 6:00pm. To attend, please RSVP at www.mobilemondaytoronto.com.
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  • MaRS (www.marsdd.com) is a non-profit innovation centre connecting science, technology and social entrepreneurs with business skills and capital to stimulate innovation, entrepreneurship and the creation of successful Canadian companies.
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    On October 5th, MobileMonday Toronto will host a Global Mobile Leadership Summit with a panel of veteran business leaders who will share their knowledge, thoughts and experiences on opportunities and challenges for Canada to become more of a global leader in mobile and communications. The event will be held at the MaRS Centre. Sept 28, 2009
Miguel Amante

Social Entrepreneurship - Metro Morning - October 21, 2010 - 1 views

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    Matt Galloway spoke with Ilse Treurnicht, she is the CEO of MaRS Discovery District. The non-profit corporation is part of an independent Task Force on Social Finance.
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    Matt Galloway spoke with Ilse Treurnicht, CEO of MaRS, which is part of an independent Task Force on Social Finance.
kathryn mars

TechSoup - The Technology Place for Nonprofits - 0 views

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    Information about how technology could benefit you better
Assunta Krehl

Science City - The Globe and Mail - 0 views

  • This is Toronto's research district, a maze of concrete and glass where the finest minds collaborate, turning the city into a global centre of biomedical discovery.
  • Nine research institutes employing 5,000 university faculty members, 2,000 graduate students and 1,100 postdoctoral and clinical fellows lie within a 20-minute walk of each other. This biomedical cluster at the heart of Toronto is one of the largest on the continent, and is one of the 10 largest in the world.
  • Tom Hudson from Montreal; cell biologist Ben Neel from Boston; and stem-cell biologist Gordon Keller, who came to Toronto in 2006, just months after New York magazine named him one of the scientists that city could not afford to lose. Toronto is also home to Tak Mak, who discovered the "key to the immune system" T-cell receptor, and John Dick, who discovered the first cancer stem cell in 1994 and last year grew a human cancer in a lab mouse for the first time.
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  • "There's an enthusiasm in the research community that's very exciting to be part of," says Dr. Keller, who now heads the McEwan Centre for Regenerative Medicine.
  • Dr. Hudson, who left Quebec to head the Ontario Institute for Cancer Research, says the city's "tremendous power" is built on a strong history: Stem-cell research began here. "It's innovative," he says of Toronto. "I've never felt closer in my research career to thinking we will have an impact. I feel my goals are going to happen here."
  • Still, John Evans, board chairman of the non-profit MaRS Centre, which helps to turn research into viable businesses, envisages a day when research is seen as a social and economic driver, and the city shines as brightly as better-known centres such as Boston and Palo Alto.
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    Tenille Bonoguore, Globe and Mail features the MaRS Centre and meets 12 of its' "best specimens." MaRS is one of the 10 largest biomedical clusters in the continent.
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    Tenille Bonoguore, Globe and Mail features the MaRS Centre and meets 12 of its' "best specimens." Bonoguore states "MaRS Centre is one of the 10 largest biomedical clusters in the continent." Jan 5, 2008
Assunta Krehl

Want to learn about innovation? Head to Toronto - Business Innovation Factory - 0 views

  • Probably most impressive was The MaRS Centre - an old hospital converted into a non-profit innovation centre connecting science, technology and social entrepreneurs with business skills, networks and capital. The building is undeniably cool. Located in Toronto’s “Discovery District” -- two square kilometres have been designated as the city’s center of innovation. The MaRS Centre is a gateway of sorts to Canada’s largest concentration of scientific research. It’s anchored by major teaching hospitals, the University of Toronto and more than two dozen affiliated research institutes.
  • MaRS Centre from the outside
  • MaRS was created in 2000. The founding group raised significant capital (almost $100 million from all three levels of government and both institutional and individual private sector donors and an additional $130 million of debt and credit lease instruments were also secured) to support the development. What’s so clear is that leadership to drive public/private sector collaboration is required to effect real change. Many credit Ontario Premier Dalton McGuinty for helping to not only create the MaRS Centre but also invigorate the region as a whole.
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  • Martin has transformed the Rotman School from a mediocre Canadian business school to a world-class institution. It’s one of the few business schools around with an innovative curriculum built around the fundamentals of design thinking. Martin believes designers approaches to thinking and problem-solving can and should be applied to all components of business (He calls it integrative thinking and business design.) Most of our own processes here at the Business Innovation Factory are firmly rooted in design thinking principles.
  • Martin also managed to lure Richard Florida to Toronto in 2007 to direct the Rotman School's new $120-million Martin Prosperity Institute. Spinning off from much of Florida's research, the institute's goal is to build a leading think-tank on the role of sub-national factors – location, place and city-regions – in global economic prosperity. By taking an integrated view of prosperity, the institute will look beyond economic measures to include the importance of quality of place and the development of people’s creative potential. I'm looking forward to ongoing conversations with our new friends at the Rotman school. I suspect there might even be a collaboration or two about to happen as well. Bottom line: if you want to learn about innovation, Toronto is the place to be.
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    Chris Flanagan talks about the benefits of moving to Toronto and the great work happening at the MaRS Centre. Mention of Martin transforming the Rotman School to a "world-class institution" ... that has "an innovative curriculum built around the fundamentals of design thinking." There is also a mention of the Martin Prosperity Institute spin off.
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    Chris Flanagan talks about the benefits of moving to Toronto and the great work happening at the MaRS Centre. Mention of Martin transforming the Rotman School to a "world-class institution" ... that has "an innovative curriculum built around the fundamentals of design thinking." There is also a mention of the Martin Prosperity Institute spin off. Oct 30, 2008
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