Achieving Innovation and Manufacturing Excellence

Achieving Innovation and Manufacturing Excellence Program Overview Yves Landry Foundation June 2008

Presentation Outline Background Program Strategies Program Objectives Program Parameters Conclusions Appendix: The Yves Landry Foundation

Program Background Emerging Opportunities Ontario Manufacturing Survival Strategy Global Liquidity Crisis Advanced Technologies Emerging Skill Sets Rising Commodity Prices Disciplined Profitable Growth Strong C$$ Global Growth Of LCCs Ontario Manufacturing The Chaotic Majority The Innovators The Lean and the Masterful The key focus of this program is to provide training that would help Ontario’s manufacturers to be more innovative Closure

Essential Business Plan Purpose An Initiative that will support Ontario’s manufacturer’s efforts to Achieve Innovation and Manufacturing Excellence. This will allow Ontario Manufacturers to emerge from the Chaotic Majority, allowing them to achieve disciplined, profitable growth such that they can survive and thrive.

Program Strategies • Provide funds to cover training costs that will support innovation within Ontario-based manufacturing companies, either on-site or at external locations • Support, establish and fund new programs that will support innovation within Ontario’s manufacturing companies • Continuously improve the process to deliver effective training solutions that will lead to innovation

Program Objectives Objective 1: Provide funding for the retraining of existing personnel to support major innovation at a manufacturing location in Ontario Objective 2: Develop and enhance skilled employees via funding of training programs in critical areas of innovation critical to the company’s future success

Objective 1: Retraining for Innovation Retraining of personnel to support workplace innovation in product, process, or any other area that will support manufacturing growth and development Training can occur at plant location or at an offsite location Area of innovation can be internally or externally developed

Objective 2: Developing Skilled People to Support Innovation Funding to support training and development of skilled personnel in any area that will enhance innovation within a manufacturing company Innovation can be in any area that helps the company to be more competitive – product, process, engineering etc. Training can occur onsite or offsite

Program Parameters Funding up to a maximum of $50,000 per company during the program (2008/2010) Funding covers 100% of direct training costs and up to 50% of indirect costs Process requires a preliminary application form followed by submission of application proposal Funding paid at the completion of the training and the satisfactory submission of the required training report Application process outlined in “Request for Proposal” Document covering the Funding Application Process (available on YLF website)

Typical Program Process Company submits preliminary application concept Within 8 working days YLF responds with evaluation of concept and provides any suggestions to enhance program approval Company submits formal application proposal Within 20 working days YLF responds with program evaluation Upon completion of the training and submission of summary report, cheque issued to participating company

Program Information • For the complete “Request for Proposal Information” documents go to www.yveslandryfoundation.com For further information contact: Yves Landry Foundation 10 four Seasons Place, Suite 801 Toronto, ON M9B 6H7 Phone: 416-620-5464 Fax: 416-620-9730

Conclusion The goal is to achieve real, perceptible and measurable improvement in innovation capabilities within Ontario based manufacturing companies Establish innovation as an essential cornerstone for success Establish training as an essential component for successful innovation Innovative and creative companies can survive and thrive in Ontario

Achieving Innovation and Manufacturing Excellence Appendix – The Yves Landry Foundation Information

The Yves Landry Foundation The Foundation Established by leaders in Canada’s manufacturing and business sectors in 1998, to advance technological education and skills training to resolve the skilled labour and technical professional shortages facing Canadian industry. The Foundation is governed by a board of directors comprised of senior leaders from industry, education and the NGO sectors.

The Yves Landry Foundation The Founder The Foundation was born out of the vision, principles, energy and hopes of the late Yves Landry, Chairman, President and CEO of Chrysler Canada Ltd. Yves Landry’s vision was: • To forge an enlightened partnership between industry and education, train a world-class pool of skilled manufacturing workers, technicians, technologists and engineers, and secure technological advantage in a rapidly changing world.

The Yves Landry Foundation The Vision The Foundation’s mandate is to ensure that: Canadian business and employees achieve and sustain top technical status in the global manufacturing arenas in which we compete; Choosing a technological career is viewed favourably by students, parents, educators and governments; Mainstream education provides relevant, up-to-date technical education, as well as education in emerging areas to the point where the manufacturing industry does not need to provide substantial remedial or supplemental training, or import skilled workers from abroad while Canadians are unemployed or under-employed; Barriers to life-long technological education are eliminated;Young people are encouraged to enter apprenticeships, technologist and engineering co-operative education programs and activities that foster better insight about technology and the inspiring opportunities available

Achieving Innovation and Manufacturing Excellence