CIMA Canada Conference 2014 - Innovation

Date: Tuesday October 30, 2014

CIMA holds Conference on Innovation

CIMA Canada hosted a conference on innovation at the Bram and Bluma Appel Salon, Central Library, Toronto on Thursday, October 30th. The event examined how organizations and individuals can nurture a culture of innovation, and d how innovation can transform markets in the 21st century.

CIMA President Keith Luck, FCMA CGMA and Arleen Thomas, CPA, CGMA (SVP – Management Accounting & Global Markets at AICPA) joined business leaders and other VIPs for this discussion of one of the central challenges of the 21st century.

This year's keynote speaker was Amanda Lang, Senior Business Correspondent for CBC News. As well as being the host of CBC TV's "The Exchange with Amanda Lang" Amanda is the author of the best-seller, The Power of Why: Simple Questions That Lead to Success.

The keynote speaker was followed by a round-table discussion, chaired by Paul Waldle, Editor of the Globe & Mail's Report on Business. Confirmed panelists include Terry Stuart, Chief Innovation Officer, Deloitte, Hossein Rahnama, Founder and Chief Executive Officer, Flybiits, Ken Kelly, Senior Vice President and Controller, Mc Cormick and Co (retired), Sumit Luthra, VP, George Weston Bakeries and Marrouane Nabih, CFO, Randstad Canada.

The conference considered not only how organizations can promote “innovation”, but importantly, how they can incorporate it into their operations. The panel also discussed answers to some of the most challenging issues in management accounting such as:

• Is Innovation organic, or can it be built into the organizational culture?
• Can the finance team overcome their reputation for stifling Innovation and become champions of creativity?
• Does our education system, from kindergarten to business school, do enough to develop an instinct for Innovation in the business leaders of tomorrow?”

The session was followed by a cocktail reception from 5.30-7pm.

For press enquiries, please contact:

Imran Khan
Media Officer, CIMA
T. +44 (0)20 8849 2212

Notes to Editors

The Chartered Institute of Management Accountants (CIMA), founded in 1919, is the world’s leading and largest professional body of management accountants, with over 218,000 members and students operating in 177 countries, working at the heart of business. CIMA members and students work in industry, commerce, the public sector and not-for-profit organisations. CIMA works closely with employers and sponsors leading-edge research, constantly updating its qualification, professional experience requirements and continuing professional development to ensure it remains the employers’ choice when recruiting financially-trained business leaders.

Professionalism and ethics are at the core of CIMA’s activities with every member and student bound by robust standards so that integrity, expertise and vision are brought together.

CIMA has formed a joint venture with the American Institute of CPAs (AICPA) to establish the Chartered Global Management Accountant (CGMA) designation. CGMA is the global quality standard that further elevates the profession of management accounting. The designation recognises the most talented and committed management accountants with the discipline and skill to drive strong business performance.

CIMA is proud to be the first professional accounting body to offer a truly global product in the fast-moving area of Islamic Finance.

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