A manufacturer based in the region of Chatham-Kent has undergone substantial growth in recent years, increasing their revenues, employees, manufacturing abilities, and position as a manufacturing leader. The company’s expansion has largely been enabled by receiving Canadian government funding for their strategic projects. By being able to accomplish more strategic projects in less time, the…
Although Canadian manufacturers are largely projecting growth over their next 1-3 years, there are a number of constraints that will limit their ability to do so. As reported in Manufacturers’ Outlook 2016, a survey of top manufacturing executives in Canada, a variety of issues will continue to challenge operations and slow growth over that time….
The Canadian manufacturing industry has reasons to be cautious, yet optimistic in the short-term future. In February 2016, the industry’s contribution to Canada’s gross domestic product (GDP) rose by 1.5%, yet as a whole, industry sales dropped by 1.6%. As the Canadian business landscape changes, manufacturing executives must understand how to respond to new opportunities…
A key way to make yourself more employable, or to move up the corporate ladder, is to ensure that you’re always developing your skillsets through continuous learning. Regardless of the topic or your mastery of the subject, putting out the effort to learn new skills will help show your initiative and ultimately help you achieve…
I know. I know. The Star Wars saga has been twisted for so many different purposes that it is fraying at the seams of its space pajamas. One could argue, though, that Star Wars is obsessed with training: the dynamics between learners and teachers, the universal benefits of excellent training, and the unfortunate consequences (to…
Our clients are always teaching us about game-changing behaviours. During the first quarter of 2016, I focused on the disciplines of some businesses and how this helps them to grow and achieve more than their competitors. I recognized that most of the top companies possess effective and highly functioning professional teams with the right skills,…
As of 2015, Millennials comprised the largest generation of workers participating in Canada’s workforce. This is for good reason; among other benefits, Millennials are highly adaptable, are eager to learn, and are interested in professional growth. They are technologically advanced when compared to older generations, which can have a significant impact on your team, from…
There are a vast selection of government grants, loans, and tax incentives that manufacturers can use to reduce project expenses. Whether Ontario manufacturers invest in hiring and training projects, research and development, business/market expansion, or are improving their productivity through technology adoption, Ontario government grants are available to reduce the cost (and risk) of project…
Small business owners and executives must ensure they have reliable project management in place before investing in new initiatives. Being prepared with a strategic plan, as well as the managerial resources to execute the project, is integral to the success of any business activity. Especially in an increasingly globalized market, businesses must invest, innovate, and…
Many Canadian businesses assume that the domestic market provides them with enough opportunities to grow and succeed. On the contrary, due to an increasingly globalized marketplace, businesses must expand their market and attract new customers outside of their country’s borders in order to reach their full growth potential. Business owners can take the necessary steps…