Plant-based Products Outlook

Plant-based products are getting more popularity and are rising to a new level of consumer interest. A healthy diet that is better impact the environment has become a consumer goal recently. This uptrend market demand has led manufacturers to remain resourceful in new sources of protein and other plan-based products. Companies like Cargill are investing …

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Home or Side Business:

COVID-19 Pandemic taught us how to use information technology in running business activities online. From global companies to small businesses relied on internet, applications, and platforms to connect people and businesses online. Successful online operations increase solopreneurs confidence to establish home businesses whether as mainstream of income or side business. Self-employment offers more flexibility, working …

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Water & Wastewater Industry Competition Fundamentals

Water and wastewater businesses serve people and different industries; such as food an and beverage, pharmaceutical, oil & gas, semi-conductor, etc. There are various companies providing services in the industry, however, a few players are operating globally. SUEZ WTS is one of the market leaders. Competition is intense in the industry. The big players compete …

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Scientific Research & Experimental Development (SR&ED) Overview:

The federal scientific research and experimental development (SR&ED) program is a tax incentive program to encourage all Canadian businesses to conduct research and development (R&D) in Canada. In fact, the SR&ED program has been the single largest source of federal funding for industrial R&D performed in Canada for many years, and remains one of the …

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Starbucks Before COVID-19

Starbucks has developed dynamic and successful strategy that has created values to its stakeholders and shareholders. The company strategy stems in ‘Starbucks Experience’ (Grant, 2016). Starbucks serves the communities and strive to provide the best coffee and customer service to the member of the communities. The core of the strategy is in connecting with people; both …

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Ontario Immigration Nominee Program (OINP)

Ontario Immigration Nominee Program (OINP) is a practical framework to recruit international talents (foreign workers, international students, business owners or entrepreneurs from outside of Canada) to apply for permanent residence in Ontario.  The program falls under the province’s economic immigration program, which works in partnership with the Government of Canada through Immigration, Refugees and Citizenship …

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Supply Chain Disintermediation

Disintermediation could happen in any supplier/manufacturer and intermediaries (retailers or wholesale) relationships. The supply-demand imbalance creates an opportunity for the supplier to disintermediate and to reach out to other intermediaries or end users, to sell the products at a lower price that could create a price war between the intermediaries. This is an inherent risk …

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Human Resources Management

Human resource flow “HRF” fundamentally defines the inflow, outflow and movement of human resources “HR” within the company under full time, part time, or contingent contract structure, whichever would best suit the corporate strategy. Creating human resources talents’ pool, in line with the company’s competitive advantage, is responsibility of human resources department. The policies, best …

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Nonprofit Organization’s Governance

A Nonprofit organization’s governance relates to a broader range from perception, structure, legal context, accountability, quality, effectiveness, social capital and ethics. The role of governance in a nonprofit organization’s performance is inevitable. Funders and donors usually evaluate organization’s governance and its correlation to accountability, trust, social impact and performance prior committing or allocating money to …

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Corporate Governance and Due Diligence

According to The Three Pillars of Good Corporate Governance theory, corporate governance, due diligence and compliance programs are related and are key focus areas (Adams, 2004). Corporate Governance: Abramov (2011) states the corporate governance generally serves to encourage long-term planning, establish an effective management structure,  promote integrity within the company, provide a framework for establishing …

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What is Strategy?

Strategy is about making decisions to differentiate in providing services and products to the customers. Such decisions, difficult in nature, outline the organisation’s success and failure. It would take a while the outcome of the decisions proves if the choices made were right or wrong. Developing strategy, not necessarily a straight forward process, is a …

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Organizational Resilience: non-profit versus for-profit organizations

The purpose of this blog is to compare and contrast non-profit and for-profit organizations on organizational resilience, which is the ability of the organization to respond to changes effectively and transform challenges into opportunities. The concept of resiliency is not a system capacity to withstand disruptive change, but also to adapt and transform to the …

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Personal Real Estate Corporations and New Advertising Terms

Government of Ontario introduced and amended regulations related to incorporations and advertisement terms on October 1st, 2020. The legislation has been amended to allow real estate salespeople to form Personal Real Estate Corporations (PRECs). British Columbia became the first province to allow for incorporation of those who trade in real estate in 2008. This was …

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Sustainability as Strategy

The increasing demand for sustainability in business, as result of enhanced social, ethical and environmental responsibilities, has turned sustainability strategic to corporations. Sexty (2017) defines sustainability strategy as “a plan that views economic, ethical, social, and environmental responsibilities more intensively and integrates corporate social responsibility (CSR) into all facets of the corporation’s operations.” The integration …

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Leadership and Level 5 Leaders

Leadership can be hard to define, and it means different things to different people. It could relate to community, religious, political and campaigning groups leadership. Regardless of its definition, it is about mapping where we need to go to win as a team or an organization. It is dynamic, exciting, inspiring and a complex phenomenon …

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GE as History

Jack Welch was chairman and CEO of General Electric ‘GE’ from 1981 to 2001. GE’s value increased 4000% during his tenure. He is well-known to streamline GE by “Growing fast in a slow-growth economy” (Jack Welch, 2019). He transformed the company by selling unprofitable businesses, reduced management layers, laid-off non-performers, implemented six-sigma, conducted 600 acquisitions while …

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Value Network Business Model; Amazon’s Success

Amazon strategy has been formulated around pursuing online commerce opportunities, in different segments, utilizing technology to create a powerful economic model. Long-term thinking, customer centricity, investment on infrastructure and focus on employees have been Amazon values as the CEO’s, Jeff Bezos’, clearly outlined in his letter to Amazon shareholders in 1997 when we apply retrospective …

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What is a business Plan?

The business plan is a professional genre of significant importance to the business practice. It presents the strategic approaches to conduct a certain business in a period of time. It also means to convince the reader of the feasibility of the business idea and the benefit of their participation in it. Business plan comprises of …

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Benefits of Business Plan

A business plan is a prevalent feature of business venture and is encouraged by government agencies, education institutions, and consultants and is sometimes a core requirement when seeking financial support. There is a widespread belief that writing a business plan will impact favorably on venture performance by stimulating faster and better decision. Businesses hire management …

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Management Consulting Landscape

The vast number of SMEs operating in the Canadian economy suggests a niche market for the operators who would recognize the needs of SMEs and could offer customized solutions to meet their needs. Such services contribute to specialization, which is in nature strategic to SMEs’ businesses as there is a positive relationship between specialization strategy …

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Business Social Responsibility

Business ethics is cornerstone of corporate social responsibility. “Business ethics is the rules, standards, codes or principles which provide guidelines for morally right behaviour and truthfulness in specific situations” (Sexty, 2017). Corporate social responsibility (CSR) is a general management concern; that is, it is important to all aspects of business, and it is integrated into …

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Canada Small Business Financing Program

The Government of Canada has implemented various financial instruments to support Small businesses. Canada Small Business Financing Program (CSBFP) is one of the financial programs tailored for small businesses. The Canada Small Business Financing Act (CSBF Act) aims to increase the availability of financing to establish, expand, modernize and improve Canadian small businesses. Lenders should refer to the Act and Regulations, …

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Paradigm Business Model

Management consulting sector is continuously evolving, and business models are emerging to respond to industry demand. Some major industry players such as McKinsey have developed innovative consulting business models that are disruptive in nature. Some have focused on change management and organizational processes, took a balanced approach to develop a new consulting business model based …

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Paradigm Business Plans

Strategic and Custom Business Plan Writing! A systemic approach designed to develop the business plan. Five processes of data collection, data analysis, business plan design, business plan development and business plan presentation defined to gather, analyze and integrate the data. Each content of business plan’s section is assessed by the five processes to create segmented …

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