Just about everyone I know has designs on or at least daydreams of starting a business, which I think is normal. And yet, while no one ever says, "I want to be a cog in a giant, multinational machine when I grow up," that's usually what happens. I can't give you advice on how to create a successful business, but I can hopefully give you the nudge you need to at least try.
Many businesses face transitions, and sometimes it is hard to embody change. But as with everything else in life, change happens constantly, and when we embrace it we end up realizing that it is likely for the better. Sometimes a good spring cleaning to get rid of the old and make space for the new is just what a company needs.
In this day and age of free market orthodoxy, the banks don't like to think of themselves as having any sort of "moral obligations," only obligations to shareholders. But the protection Canadian banks enjoy -- the same protection that has allowed them to prosper internationally -- means that the banks do not operate in a free market environment, and if they want to continue having their cake and eating it too they should accept they have responsibilities towards the Canadians who have little choice but to bank with them.
Transformational author, Deepak Chopra was the one who really brought The Law of Detachment to light for many of us. The Law of Detachment would want us to let go of the ultimate outcome once we know that we've taken all the steps necessary (a.k.a. hard work) to make those business dreams come true.
Yahoo's CEO Marissa Mayer feels that without physical interaction in the workplace, employees are missing out on important collaborative experiences and more importantly, the company is missing out on new ideas that spring from the collaborative process. What Mayer is missing with her edict is the fact that bringing people physically together does not solve the communication or ultimately collaboration problem. Collaboration leads to innovation. Without innovation, every company, small and large, from tech to manufacturing, will not survive the next century.
With such a large portion of the Canadian workforce working in smaller enterprises, their contribution to international trade is anything but insignificant. Shipping outside of Canada involves complex logistics along with a lot of other factors for small businesses to consider. If you run a small business and are looking to ship internationally, here are five key considerations.
We surveyed 1,045 business people across Canada in virtually every industry segment. Some 87 per cent said they trust employees to adhere to their IT security rules and practices. In the same survey one in six employees admitted they do not adhere to IT security policies. So why is there such a disconnect between what employees and business owners say is going on and what is really going on, even in the face of losses?
The year 2012 saw some scandals in Canada. There was the exposure of the multi-million dollar Ornge Air Ambulance scandal, the Canadian Food Inspection Agency scandal in Alberta, and the Robocall scandal. Did we spend a lot of time, money, and energy investigating and analyzing these scandals? Yes. Is there a sure way to avoid these problems for the next year, 2013?
When interests between management and shareholders become adverse, even through the regular course of events, it is important for boards to have their own set of lawyers who are independent from management and seen as objective and willing to act in the interests of directors, not management, and ultimately shareholders.
In my opinion the fastest growing and most cost efficient medium of communication nowadays are online blogs. For businesses and individuals alike, it's important to devise a strategy and theme that can evolve over time eventually establishing a foundation in order for your blog to be successful. Here are five tips to help you stand out.