A leader’s main job is to manage chaos

A leader provides his team with vision, values and guidelines critical to helping people make the best possible decisions for the company

A leader’s main job is to manage chaosA leader I met with once said something that has stuck with me. "Most people are trying to do what they believe is in the best interest of the organization. The trouble is they may not have the same point of view on what that is. And that leads to chaos." As an example, take the…

Write down and share your recipe for success

One of the keys to business success is consistency. So set up a step-by-step processes to get the best results every time you do things

Write down and share your recipe for successWe couldn’t have had a better boarder. Billy Burchell would come every week from McLeod Lake to live with our family while he went to school. He would arrive on Monday for school and take the bus back on Friday after school. Billy was in shock for the first few months he lived with us…

The financial road less travelled still offers a trustworthy route

Control your own financial destiny by doing your homework, finding boutique advisers and using your TFSA to its maximum potential

The financial road less travelled still offers a trustworthy routeMost people spend more time mowing their lawn than they do managing their money. That may sound harsh, but the majority of people have ceded their investment decisions to the army of financial advisers employed by big banks. Employees in Canada's big banks “are pressured to up-sell, trick and lie to customers to meet unrealistic sales targets…

Systems are the key to your business success

Ensuring consistency in the delivery of services and products will reduce the stress on your employers, employees, management team and customers

Systems are the key to your business successI had just spent more than $40,000 on my master's degree and in the months before I graduated, I wasn’t sure what I was going to do with that investment! Investing in yourself in terms of education is different than any other investment you make because it’s really the first step in a process to take…

The secret sauce of effective leadership

If you want to be evaluated as authoritative, understand what’s at stake in any situation and adjust your body language accordingly

The secret sauce of effective leadershipBefore the meeting began, Adam assumed a power pose: standing with hands on hips and feet wide apart for two full minutes to get all the advertised benefits of doing so. It worked. He could almost feel his stress level lowering and his self-confidence rising. By the time he strode into the conference room, took…

Your financial adviser’s interests may not align with yours

Do your homework. Look with a critical eye at your service providers. After all, it is your money

Your financial adviser’s interests may not align with yoursThe tax free savings account market continues to be a great unknown for many Canadians and the big banks apparently aren’t helping. Recently, I asked readers if they were among the six million Canadians with the savings accounts known as TFSAs, and if they truly understood the value those accounts represented – and the flexibility they offered investors. “The pitiful…

Why don’t Canadian fund managers invest in their own country?

Why do Canadian governments look for investment help abroad? And why won't Canadian fund managers invest in homegrown projects?

Why don’t Canadian fund managers invest in their own country?Does capital have a responsibility to all of society or is return on investment the only consideration? Opinion is changing rapidly in favour of social responsibility and it's starting to penetrate to the highest levels of investment management. Consider the recent paper Shaping Society, by Saker Nusseibeh, a member of the prestigious 300 Club and chief executive of…

When a degree isn’t enough to get you a job

An entry-level job teaches many things you don’t learn in school: getting to work on time; getting along; dealing with deadlines and customers

When a degree isn’t enough to get you a jobCareer prospects become so discouraging for many educated young people that the British weekly magazine The Economist writes about young people who have given up looking for work and live in their parents' basement playing video games. Similarly, Canadian newspapers are publishing articles telling parents how to kick their grown children out of the house. We’re not talking…

Tax free savings accounts: controlling your financial destiny

Too few Canadians know they can use TFSA funds to invest in ventures that could bring big gains (and cost nothing in tax)

Tax free savings accounts: controlling your financial destinyAre you are one of the six million Canadians who have opened a tax free savings account (TFSA)? Have you ever wondered about the real purpose of these accounts? You’re not alone. Millions of Canadians are unaware of the potential windfall that former finance minister Jim Flaherty handed them in 2009 when he introduced TFSAs. TSFAs were…

Ten questions to ask to get ready for the emerging future

The planet has never lived through the scale of disruption, reinvention and creation that the decade ahead is likely to bring

Ten questions to ask to get ready for the emerging futureWhile history may have seen periods of more intense and far-reaching change, the majority of the planet have not lived through the scale of disruption, reinvention and creation that the decade ahead is likely to bring. So here are 10 questions which I think we should all be asking ourselves as we seek to map…