Why companies can’t be honest with their employees

HR pundits justify avoiding the truth, arguing that organizations are softening the blow and taking the sting out of terminations

Why companies can’t be honest with their employeesYou're summoned to your boss's office and told that you've been "selected out." Strange words. What do they mean? "Selected" sounds positive. But "out"? That's clearly a negative and confusing word. Together, both words are perplexing. An optimist may interpret it as sort of a promotion. A sceptic is worried. The term "selected out" is…

Learning from the resolve of zero-gravity spiders

Rejected in love? Lost a job? Experienced a serious medical condition? Gone through a financial crisis? Spiders In Space offers comfort

Learning from the resolve of zero-gravity spidersSpiders In Space: Successfully Adapting to Unwanted Change By Todd Hirsch and Rob Roach P&P Publishing C$20 For those of you who had any doubt, this book confirms that misery really does love company. It tells the story of 15 very different people from a variety of backgrounds across Canada who have but one thing…

The ups and downs of boom-bust oil

Breaking up monopolies and trusts deemed to be manipulating markets led to some unintended consequences, including price volatility

The ups and downs of boom-bust oilTORONTO, Ont. Feb. 3, 2017/ Troy Media/ - The American economist Myron Watkins was right in 1937. He put it bluntly: “The problem of oil, it might be tersely said, is that there is always too much or too little.” And Canadians have good reason to know this. After the 1970s oil price shock, we…

How General Motors brought socialism to America

GM CEO Charles Wilson established a pension plan that would invest in the broader U.S. economy to ensure the protection of his workers' pensions

How General Motors brought socialism to AmericaTORONTO, Ont. May 27, 2016/ Troy Media/ - Around the mid-20th century, Peter Drucker was the go-to business guru. A strategically-placed copy of one of his management books graced many an office credenza, even if its contents weren’t always diligently read or put into operation. Drucker (1909-2005) was born in Austria in the waning days of the Habsburgs.…

Capitalism’s fatal flaw

Economist Thomas Piketty's conclusions on inequality are blowing apart the ideological pillars of modern capitalism

Capitalism’s fatal flawEDMONTON, AB, May 5, 2014/ Troy Media/ - You know you’re a famous economist when you’re being compared to legends like Adam Smith, Karl Marx and John Maynard Keynes. Thomas Piketty’s new book Capital in the Twenty-First Century has stunned the science of economics by demonstrating that rising (wealth) inequality is structural, built-in to the…

Transforming customers into your accidental sales team

BOOKS

Transforming customers into your accidental sales teamJanuary 4, 2013 EDMONTON, AB, Jan. 4, 2013/ Troy Media/ - Every seasoned businessperson should know that it's easier and more cost effective to do business with those who already know you and have purchased from you than those who haven't or don't even know you exist. So why do companies get so hung up on…