Projects fail. They fail all the time. We accept their failures and we accept the failure rate as part of business. In 2021, it was noted that 70 per cent of businesses have had a project fail in the past year. What does this mean? It means that an overwhelming majority of projects do not…
Stacking government funding refers to the approach of utilizing multiple federal and provincial programs to offset a greater portion of eligible project expenses.
We’ve discussed why hiring a consultant can provide significant value to your organization and offer tips for choosing the right one.
Pre-planning ensures time and budget constraints are not surpassed. Learn to maximize your project’s potential with better project management
CRM stands for Customer Relationship Management and has one main goal: To improve your business’ relationships. When applied correctly, a CRM system can automatically collect, organize, and prioritize your database of current customers, as well as highlight potential new customers based on collected data. A CRM system aims to benefit the sales, customer service, marketing,…
Unlike a commercial general liability insurance (CGL) policy that provides coverage for claims arising from property damage and bodily injury, a directors’ and officers’ liability (D&O) policy specifically provides coverage for a “wrongful act,” such as an actual or alleged error, omission, misleading statement, neglect or breach of duty—which can include Fiduciary Duty, Negligence Duty…
Just one brief business interruption can be incredibly costly for an organization, often leading to serious reputational damages or long-term closures. Standard business interruption policies are vital in these instances, providing protection against a variety of common interruptions, including natural disasters, equipment damage, and vandalism. But what happens when one of your suppliers or customers…
The relationship between training and Enterprise Resource Planning (ERP) implementation is often understated. With implementations, the understanding usually lies with the consultant as they guide you through the process. There is an inherent learning experience that is happening. The question is, is that all you need to learn the platform? Canadian manufacturers know how critical…
As an undergraduate student studying history, I was frequently asked: “So, are you going to become a teacher?” Later, as I continued my study of history in graduate school, this question evolved slightly: “So, are you going to become a professor?” The terminus of both pointed but well-meaning questions was the same – the assumption…
While lean production has become a cornerstone of successful supply chain management and a way for businesses to stay flexible and responsive to changing tastes in their markets, the dependence on—and relationship with—suppliers resulting from outsourcing and minimizing stock creates a host of exposures. Successfully navigating and managing the risks presented by a complicated supply…