FutureBiz Wrap Up

The first ever FutureBiz Penticton was a sellout event on November 8th at Lakeside Resort. A tight agenda of presenters kept 175 attendees in their seats as they heard about the local economy, future technologies, disruptive ideas, US tariffs, economic forecasts, and demographic insight. The combination of experts painted a clear picture of some of the challenges and opportunities that will be facing Penticton in the next year – right up to 30 years from now.

The Economic Development Department hosted this event as part of their Business Retention & Expansion initiatives, with the intention that a comprehensive learning day, paired with some networking, would provide a springboard for creative strategic thinking for local businesses.

While most attendees were representing local organizations, there were guests from as far as Edmonton, Nanaimo, and Vancouver as well as a good showing from up and down the Okanagan Valley.

The day started with a lunch and headed straight into the presentations. It wrapped up with a workshop to assist in developing action steps coming out of the day, followed by a networking social, sponsored by BDC.


Announced during the day were two upcoming workshops for businesses:

On November 29th, 2018 BDC is hosting a free 3-hour workshop called “B Corp 101: Measure What Matters”. Details are available here.

On March 6, 2019, Nikos Theodosakis will lead a full day strategic planning workshop called “Thinking Like a Film Director”. Special registration price of $150 open to the first 10 registrants. Details and registration available here.

A summary video of FutureBizPenticton is being produced and will be available in the coming weeks. For any questions about the event you can email economicdevelopment@penticton.ca 

Agenda and links to presentations are below:

12:00 | Official Welcome

Emcee: Crystal Henrickson (Leadership Coach, Talent Collective)

Okanagan Song - Anona Kampe (Penticton Indian Band)

Introduction - John Vassilaki (Mayor, City of Penticton)

Lunch is served

12:30 | Local Development & Business Highlights Panel with Jonathan Baynes (CEO, Penticton Indian Band Development Corporation), Anthony Haddad (Director of Development Services, City of Penticton), Jennifer Vincent (Economic Development Specialist, City of Penticton)

1:00 | 2018-2030: The Evolution of Penticton with Nikolas Badminton (Futurist Keynote Speaker)

Exponential technologies that enable big data analytics, automation through artificial intelligence, better citizen engagement, smarter city management, the sharing economy, and self-driving transportation are changing the world. Cities are at an inflection point, and with these innovations comes both challenges and opportunities for the industries that are the heart and soul of these communities.

Nikolas will look at the potential of these technologies, signals of change, and show the opportunities that Penticton has on offer to evolve with the times.

2:10 20-minute break

2:30 | Economic Outlook: Challenges and Opportunities Ahead for Canadian Businesses with Pierre Cléroux (Chief Economist & VP of Research, Business Development Bank of Canada)

Should Canadian businesses be optimistic or pessimistic regarding the current economic situation? Join Pierre Cléroux, Vice President, Research and Chief Economist of BDC, as he presents the most up-to-date information on the performance of national and global economies. From challenges related to labour shortage to trade relationship with the United States, discover how Canadian businesses should navigate the economy to position themselves for growth.

3:10 | Changing People, Changing Places: Looking at Penticton & the South Okanagan with Andrew Ramlo (VP Market Intelligence, Rennie Group)

Join Andrew Ramlo, Vice President of Market Intelligence at Rennie Group, and President of the Planning Institute of BC, as he shares his data and knowledge on the landscape of economic and demographic factors that have shaped the City of Penticton and its region, and what they mean for the future of the City.

3:40 |  Planning for Change Workshop with Crystal Henrickson (Leadership Coach, Talent Collective)

4:15 |  Introduction to ‘Thinking Like a Film Director’ March 6, 2019 Strategic Workshop Summary with Nikos Theodosakis (Founder, Mind Festival Learning) 

4:30 |  Closing Remarks

4:35 | Wine & Cheese in Reception Foyer (Sponsored by BDC, Wine provided by Poplar Grove, music by DJ Gwil)