Some might describe it as the genius of capitalism; the ability to adapt on the fly according to the circumstances. Hence the drive to technological fixes in alternative energy generation, storage, and distribution. While the existential threat to the species is a clear and present danger, capitalism's ability to adjust is subject only to the limitations of the human mind.
Last night in Toronto, a bunch of lawn-mowing, SUV-driving suburbanites got together with a bunch of bike-riding, latte-sipping downtown yuppies and elected John Tory mayor. So Toronto's great political divide, the City versus the Suburbs, has finally been conquered, right? Yes. And no. That is to say, it never really existed.
If you are an entrepreneur, be proud to hold this title and live up to its name. Also understand that you are leading a long overdue generational shift across sectors and it will take some time before your path may be embraced by all. Don't let the resistance discourage you from your ambitions.
Whenever you feel stressed or anxious about your financial goals, take those breaths and just accept where you are. In finally accepting my own financial situation for what it is in this exact moment, I also aim to remove all the guilt from mistakes I made in the past and just move forward from where I am right now. I hope some of you can do the same.
The real question people are starting to ask: why pay for a lot of channels with so many commercials? CBC, which is now mostly funded by taxpayers, and any other network with a business model that can eliminate or at least reduce ads, can flourish in this new environment. That is, by giving viewers what they really want, programs, not commercials.
If beaten-up Canadian investors are looking to assign blame for the bruising suffered by their portfolios of late, they could do worse than point an accusatory finger at China. The resource super-cycle that drove valuations so much higher over the last decade is now hobbling along at a snail's pace and China is a big part of the reason why.
In my teaching, research and consulting, I no longer use "NP-58201 Corporate Governance Guidelines," June 17, 2005 ("Guidelines"), that apply to publicly traded companies in Canada, as an example of exemplary corporate governance. Here are the ten deficiencies to the guidelines as I see them.
After the shock value wears off, repeated use becomes boring. Such repetitions become as irritating as other word fillers you often hear speakers use: "Uh." "Okay?" Hmmm." "Right?" "You follow me?" "You know what I mean?" "Been there, done that."
Don't base investment decisions on predictions about when the market is, or is not, likely to crash. Instead, adjust your asset allocation to stocks so that you can withstand inevitable market volatility, and then wait for stocks to recover.
It's time for Ontario to liberate local beer. It makes no sense to persist in enabling big beer to have an unfair advantage over our homegrown craft breweries.
This is fun for kids, great for dentists, and downright fantastic for the Mars family. But before you head over to the store to buy this year's bowl of treats, you need to be made aware of a really scary, but not widely recognized, fact.
Why do we allow our inbox to be the organization system for everyone else's to-do list? How can we give our immediate attention to something based purely on the order in which it arrived?
Despite fertility clinic claims that is now possible to "stop the clock" on your fertility, a successful pregnancy using frozen eggs is far from guaranteed. And far from cheap.
Face-saving entrepreneurs will call this a "pivot," which basically means, "I was doing this one thing, and now I realize I should be doing this other thing instead." You might feel like a fool for not getting it right the first time around, but I challenge you to find any entrepreneur who got everything right from the get-go.
We are human. We have a hardwired need to connect. And we, as entrepreneurs and businesspeople, want our companies to have that human connection, too. Whether you succeed or not, depends on how you approach it. Nail the brand first, then the social media tactics, and you'll be moving in the right direction. And ahead of most of the pack.
If you build it, he will come. In this case, "it" is not a baseball diamond, but a renminbi (RMB) hub, and "he" is not Shoeless Joe Jackson, but rather a business community eager to trade and invest in RMB. So far, the "build-it first" approach has paid dividends for Hong Kong, London, Taipei, and Singapore. Frankfurt, Luxembourg, Seoul, and a host of other jurisdictions are also showing initial promise after recently signing hub agreements. But will this approach work for Canada?
A new generation of young workers (The Net Generation as I've called them) is entering the workforce and bringing a new culture. And the new business environment demands something better. This requires a rethinking of talent management.
Whether you're considering rental property investment, can't sell and need to rent out your home and move, or you're already a landlord, these five tips can help you sleep at night and keep a smile on your face on your way to the bank.
Financial instruments such as credit cards, pay day loans, loans on car titles, loans on income tax refunds, and subprime mortgages have led to a profound shift in consumers' self-understandings as financial decision makers.