How to fix toxic shareholder capitalism

Too many valuable assets never get identified, measured or capitalized on a company’s financial statement. Those include workforce and corporate reputation

How to fix toxic shareholder capitalismI remember it well: the CEO of the company stood before the cheery assembly of wide-eyed employees brandishing a newly-released report and declaring, “This is the start of our next great journey together, building a more sustainable company and a better, more sustainable, future.” I then followed the CEO and his team to their top…

Do you know the rules and goals of the game of business?

Unless you have a clear idea how to accomplish your goals, and what the goals are, you might just be chasing elusive dollars

Do you know the rules and goals of the game of business?Emily hit the golf ball and started running. Swinging her club mid-stride, she repeatedly hit the ball and kept sprinting toward the first hole. Our yelling and laughter confused her and finally she stopped. “What are you yelling about?” she turned to us defiantly. “You told me that the goal was to get the golf…

Can your business withstand your unexpected death?

Establish a transition plan after talking to trusted advisers and considering options, and talk to family and key staff

Can your business withstand your unexpected death?Brian Tracy, the famous sales trainer, has a story he tells about the importance of great questions. Tracy was meeting with an insurance salesman who asked if he had enough life insurance. Since he didn’t want to deal with this man, Tracy assured him he did. As he was finishing the meeting, the salesman asked:…

IWG launches flexible workspace franchise program in Canada

IWG launches flexible workspace franchise program in CanadaIWG, a leading international flexible workspace provider, announced on Tuesday the official launch of its franchise program in Canada. The company said this first-of-its-kind franchise program provides a unique opportunity for franchisees to enter the fast-growing flexible workplace industry and to help facilitate the rapid expansion of IWG's Canadian and global network. “Three in 10…

Why Owen’s business was bound to fail

It’s generally a shortage of customers, not money, that leads to business failure

Why Owen’s business was bound to failOwen called me from Philadelphia, “Dave” he said, “my business isn’t working. What can I do? “ Owen really was telling the truth. His business wasn’t working. In fact, he had closed it down only months after opening, having spent hundreds of thousands of dollars, and a couple years of hard work setting it up.…

Can ethics save capitalism?

The rise of angry populism has illustrated one critical truth – CEOs and other business leaders need to align their actions with the greater good

Can ethics save capitalism?The most common criticism of capitalism is that it has no history of working for the benefit of society as a whole. You may be surprised to learn that major schools of thought believe this is a virtue, not a fault of capitalism. If you had asked the late Prof. Milton Friedman, former head of…

The importance of eye contact in relationships

In the Western world, too little eye contact is interpreted as being impolite, insincere, or even dishonest

The importance of eye contact in relationshipsYou're at a business networking event and the colleague you've been having an intense conversation with begins to shift her gaze from your face to look around the room. Ever wonder why that makes you feel as if she has stopped listening? You know it's not logical. A person doesn't have to look at you…

Lack of role clarity impedes organizational success

The real problem with a lack of role clarity is that it cascades into a much bigger problem for organizations: misalignment

Lack of role clarity impedes organizational successI am convinced that one of the key things getting in the way of individual, team and organizational success is a lack of role clarity. This point was reinforced during a meeting I attended to help a client establish her development plan which ended up being a conversation about role expectations. Or, specifically, her lack…

6 tips for inspiring innovation in your employees

Make innovation a priority with these six tips, and you'll be surprised at the ways your workplace and employees transform

6 tips for inspiring innovation in your employeesWhile not every company aspires to innovate, every company would nevertheless benefit from increased creativity in the workplace. Whether it ends up revolutionizing your product line, improving your supply chain's efficiency, or simply boosting your office's morale, innovation in the workplace should not only be welcome but encouraged. Instead of waiting for the lightning of…

Alberta small business confidence stalls in July

To continue upward trend, provincial government must focus on economic growth, job creation and supporting small business: CFIB

Alberta small business confidence stalls in JulyThe latest monthly Business Barometer results from the Canadian Federation of Independent Business’ (CFIB) show Alberta’s small business confidence index fell by 1.8 points in July, following a near 20 point increase between January and June. “While small business owners have been more optimistic in the last several months, their confidence has clearly stalled out,” said…