10 shifts in business strategy that could have lasting impacts

Will new ways of organizational thinking and working take hold or be abandoned as soon as the Coronavirus lockdowns are lifted?

10 shifts in business strategy that could have lasting impactsThe COVID-19 pandemic crisis has been with us for just a few months and we are just weeks or days into different degrees of lockdown globally but we already beginning to develop insights on the emerging possible futures of business, work and the workplace once we move beyond the current situation. Many entities have already…

Finding opportunity in the middle of pandemic

How COVID-19 is allowing us to challenge our assumptions about preparedness, speed of execution and what’s important

Finding opportunity in the middle of pandemicTo quote Albert Einstein, “In the middle of difficulty lies opportunity.” As difficult as this pandemic is, it’s also exposing a wealth of opportunities. As businesses, leaders and individuals, we’re being confronted with the opportunity to challenge our assumptions on all fronts. There are some positive lessons to be learned through this COVID-19 crisis, and…

What we can learn from Hershey during this time of crisis

He was a man of great compassion, ingenuity and philanthropy, particularly during difficult times. Can you or your business do the same?

What we can learn from Hershey during this time of crisisMilton Hershey had a couple of failed attempts at business before he founded and built the empire of Hershey Chocolate Co. If the story of Milton Hershey ended there, he would have been seen as a success and an inspiration to many. However, there’s much more to Hershey than just a successful business, because he…

Why social engineering and business shouldn’t mix

Firms can hardly thrive without compensating employees well, maintaining good relations with suppliers and being environmentally friendly

Why social engineering and business shouldn’t mixBy Paz Gomez Research Associate Frontier Centre for Public Policy The Trojan horse of social engineers has crossed the gates. At the latest World Economic Forum in Switzerland, the Davos Manifesto 2020 replaced the original from 1973. The new one lays down a company’s duties towards “stakeholders” rather than shareholders. This virtue signalling, which gives…

Take the COVID-19 business challenge

For reasons outside our control, we’ve all been inconvenienced and challenged. This doesn’t mean we’re defeated. Here are 19 ways to get April started

Take the COVID-19 business challengeThere are 19 business days in April. Let’s make the best of them during the COVID-19 crisis. Take the time in your social-distancing work spaces to come up with 19 things you and your team can do to make a difference for your business, your staff and your community. Here are some ideas: Day 1…

How to master business cash flow

These simple steps will help you avoid poor cash flow management - the downfall of many profitable businesses

How to master business cash flowYour hard work, great ideas, solid customer base, and popular products or services are nothing if you can’t effectively manage your cash flow. It’s one of the biggest challenges for any entrepreneur. “Even a profitable, fast-growing company can face a serious cash flow crunch while waiting for money to come in,” writes the Business Development…

Frozen by indecision? You need a plan

In these times of COVID-19 crisis, businesses face unusual and dire choices. You need a 90-day plan to cope with the stress

Frozen by indecision? You need a planI was stopped on a small goat trail near the peak of Mount Fitzwilliam, frozen by indecision. It was the summer of 1996 and I was following my buddy Terry Brock on a expedition in B.C.’s Mount Robson Provincial Park. I couldn’t go forward and I knew I couldn’t go backward. I was scared and…

The macro consequences of the coronavirus

What reasonable assumptions can we make about how governments, individuals, businesses, and markets will behave over the next 6-18 months in response to the COVID-19 Coronavirus outbreak

The macro consequences of the coronavirusAs the COVID-19 pandemic spreads around the world, there is a growing understanding that the economic and social ramifications could last far longer than the disease itself. In previous articles I discussed the need to plan for a range of scenarios and factors to consider in any such scenario exploration. In this article, I focus…

Four questions to ask before you hire a web team

Make sure your vision for a website meshes with your designer's. Otherwise, it could be expensive, frustrating, and devastating to your small business

Four questions to ask before you hire a web teamEvery business today needs a website but finding the right team to help build it isn't easy. There is no HomeStars for companies that design and build websites in Canada. We have many clients who've had terrible experiences with website building. Either the strategy for the site doesn’t align with the results, the content doesn’t match…

Fear, panic and leadership in business

Identify the fear, consider its possible outcomes and their impact on your business, then develop a plan to tackle each outcome

Fear, panic and leadership in businessLike most people, I’ve been really scared a few times in my life. You know the feeling – the adrenaline rush that hits when you believe you’re about to lose something. It increases your heart rate, tightens your muscles, shortens your breath, and narrows your focus on the moment and your surroundings. If you think…

Don’t let self-isolation destroy your business

How to stay connected to your audience through your online platforms during the COVID-19 crisis

Don’t let self-isolation destroy your businessThe COVID-19 pandemic is wreaking havoc on business owners across Canada. From major retailers to small mom-and-pop operations, business owners everywhere are shutting down for anywhere from 14 to 30 days to indefinitely. This needs to be an opportunity for you to show your audience how much you care. Whatever industry you’re in, whatever the…

Responding to Coronavirus Disruption

Responding to Coronavirus DisruptionWhat is your business strategy for responding to current and future possible Coronavirus impacts? The COVID-19 Coronavirus outbreak has thrown the world into confusion. Suspected infection rates are now higher in the rest of the world than in China. Epidemiologists, virologists, and public health specialists are suggesting that this outbreak could spread in multiple waves.…

5 ways to stay sane if your boss is a micromanager

The worst thing an organisation can do is to reward pathological behaviour

5 ways to stay sane if your boss is a micromanagerOne of my bosses, Janet, was clever, hardworking and had an amazing eye for detail. She had high standards: if you e-mailed with a question at 10 p.m., she replied by 10.05. She worked hard, delivered on time, hated mistakes and expected the same from her team. She was driving us mad. We had been…

Four things to understand about the power of marketing

Are you giving marketing the respect it deserves?

Four things to understand about the power of marketingOne of the biggest mistakes new entrepreneurs make is to underestimate the power and importance of marketing. Right from the earliest days of a startup, marketing deserves a seat with the big boys: finance, human resources, operations, product development and sales. It shouldn't be an afterthought. And it’s not fluff. “Marketing is a core part of…
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