{"id":31182,"date":"2010-02-22T05:00:00","date_gmt":"2010-02-22T10:00:00","guid":{"rendered":"https:\/\/www.yorku.ca\/researchdev\/2010\/02\/22\/schulich-school-of-business-dean-urges-canadian-businesses-to-go-for-the-gold-2\/"},"modified":"2010-02-22T05:00:00","modified_gmt":"2010-02-22T10:00:00","slug":"schulich-school-of-business-dean-urges-canadian-businesses-to-go-for-the-gold-2","status":"publish","type":"post","link":"https:\/\/www.yorku.ca\/research\/2010\/02\/22\/schulich-school-of-business-dean-urges-canadian-businesses-to-go-for-the-gold-2\/","title":{"rendered":"Schulich Dean urges Canadian businesses to go for the gold"},"content":{"rendered":"

Dezs\u00f6 Horv\u00e1th<\/a>, dean and Tanna H. Schulich Chair in Strategic Management at York University's Schulich School of Business<\/a>, published an op-ed in the Globe & Mail<\/a> urging Canadian firms to go for the gold on the world stage.<\/p>\n

Here's an excerpt:<\/p>\n

As Canadians cheer on our athletes in their quest for gold at the Winter Olympics, little focus is being given to an arena where Canadian competitors are falling behind: the global competition for markets, investment opportunities, knowledge industries and job-creating business expansion.<\/p>\n

...<\/p>\n

Whatever the argument, it boils down to saying: We are too small to go global. This thinking is not going to win us any gold medals in the economic Olympics. In fact, it's a disqualifier to start with. To stop us sliding on a downward trajectory, we need to put our thought-process into reverse: We are too small not to go global.<\/p>\n

In Canada, we have traditionally focused our policy objectives on aiding large multinationals or entrepreneurial start-ups. But it is Canada's small- to-medium-sized enterprises (SMEs) that hold the key to our future economic prosperity. We need to breed our own world-beaters \u2014 dynamic companies with unique value propositions or cutting-edge technology that grow by selling in foreign markets and by acquiring foreign assets. Our national strategy should be to identify and nurture such companies.<\/p>\n

...<\/p>\n

The multicultural background and global diversity of much of our SME sector provides Canada with a built-in competitive advantage, if only we make strategic use of it. We now have a rapidly growing segment of entrepreneurs with a truly global perspective, mindset and motivation. This group should be the target for new public policy initiatives from governments, financial support from banks and innovative training from our world-class business schools. Our national growth strategy needs to place emphasis not only on promoting new start-ups and aiding large companies. Instead, it should increasingly shift its focus to the thousands of small- to-medium-sized firms in cities from Kanata to Kelowna. They will be the drivers of Canada's competitiveness in the years ahead, the companies going for gold in the economic Olympics.<\/p><\/blockquote>\n

To read Horv\u00e1th's complete column<\/a>, visit the Globe & Mail<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Dezs\u00f6 Horv\u00e1th, dean and Tanna H. Schulich Chair in Strategic Management at York University's Schulich School of Business, published an op-ed in the Globe & Mail urging Canadian firms to go for the gold on the world stage. Here's an excerpt: As Canadians cheer on our athletes in their quest for gold at the Winter […]<\/p>\n","protected":false},"author":37,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_kad_blocks_custom_css":"","_kad_blocks_head_custom_js":"","_kad_blocks_body_custom_js":"","_kad_blocks_footer_custom_js":"","footnotes":""},"categories":[494,69],"tags":[285,662,446,477,63,590,567],"class_list":["post-31182","post","type-post","status-publish","format-standard","hentry","category-business","category-international","tag-canada","tag-dezso-horvath","tag-schulich-school-of-business","tag-small-and-medium-businesses","tag-the-globe-and-mail","tag-vancouver-olympics","tag-york-in-the-media"],"acf":[],"yoast_head":"\nSchulich Dean urges Canadian businesses to go for the gold | Research & Innovation<\/title>\n<meta name=\"description\" content=\"For immediate release: Schulich Dean urges Canadian businesses to go for the gold. 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