Rethinking Strategic Planning

It is time for a major shift in the way leaders and their organizations go about the process of creating their business strategy

Rethinking Strategic PlanningHow business leaders evaluate the landscape, make sense of the environment, proactively shape the opportunities they see and then decide on which course of action to take – in other words, Strategic Planning – deserves far closer attention than it has received so far. There is a strong argument to be made for a more…

Why business failures are a good thing

Don't be afraid to fail. The most successful people in life are those who have made big mistakes and learned from them

Why business failures are a good thingMy very first business venture, besides selling lemonade, was selling worms with my brothers – and it was disastrous. Our family lived on a small acreage outside of the city limits. My brothers Rob and Paul were close in age and always looking for new exciting things. I was 13. This particular summer, we needed…

Helping companies get out from under an avalanche of spreadsheets

Christopher Ronak of software developer 4castplus caters to a growing need for project cost management help

Helping companies get out from under an avalanche of spreadsheetsChristopher Ronak is CEO of 4castplus. Calgary’s Business: What is 4castplus and the story behind its founding? Ronak: 4castplus is construction project cost management software designed to provide organizations with a centralized platform to run all their major projects and programs, including infrastructure, pipeline, construction, mining and oil and gas. Users gain deep visibility, analytics and…

BDC launches boot camps for women entrepreneurs

Initiative will focus on providing women entrepreneurs the right tools, advice and networking opportunities to tap into their potential

BDC launches boot camps for women entrepreneursThe Business Development Bank of Canada is launching a series of boot camps across the country that will focus on enhancing business skills and financial literacy for women entrepreneurs who have a desire to grow. The BDC announced its initiative on Monday as part of Canada's Women Entrepreneurship Strategy. The one-day WE Talk Business boot…

Banking on intangible assets to build your business

Recognizing and capitalizing intangibles is the key to opening new financing opportunities for SMEs

Banking on intangible assets to build your businessIt’s commonly accepted that banks can’t finance small to medium-sized enterprises (SMEs) these days. Many SMEs lack the traditional collateral grade assets and/or reliable cash flow that banks need to write a commercial loan or extend a working line of credit. Regrettably, lack of bank financing forces many emerging companies to turn to alternative capital…

Greyhound lacked the vision and adaptability to survive

The bus service let complacency rule and its leadership failed to deliver a vision of what could be

Greyhound lacked the vision and adaptability to surviveDear Dave, I think you should write an article about Greyhound bus service. It's no marvel they are going out of business. When I took the bus to Edmonton last year, it was the same bus as the previous time I had ridden one … 30 years previous. The guy who was trying to board…

Building resilience into your personality and your business

When we learn how to deal with the cycle of hope, despair and forgiveness, we're well on our way to success

Building resilience into your personality and your businessA wag once said that the only one who really likes change is a wet baby, yet we face continuous, dramatic and ever-accelerating change in both our personal lives and work lives. What we learned at our grandparents’ knees half a century ago doesn’t fit the 21st century world. When our grandchildren sit on our…

‘Action doesn’t magically happen. You have to plan for it’

Derek Blair of Insights Matter talks about how quality research can result in real operational change in businesses

‘Action doesn’t magically happen. You have to plan for it’Derek Blair is president of Insights Matter. Calgary’s Business: What is Insights Matter? Blair: We are a consumer research and market insights company. We help companies and organizations that are looking to solve marketing-related challenges and questions like: “What do our consumers and clients want?” or “Why do they buy and how do they make…

Are your new leaders headed in the right direction?

Launching a leadership career should not resemble a game of pin the tail on the donkey. But too often we fail to provide the support to gain needed skills

Are your new leaders headed in the right direction?I was blindfolded and had been spinning for what seemed like minutes (it was only a few seconds), before being pushed toward the donkey. I was dizzy and had no idea where I was. I wanted to cheat so I could have a chance at winning but the blindfold was too tight. In the end,…

ReSourceYYC a one-stop resource shop for entrepreneurs

Ron Bettin talks about creating a coworking talent hub by offering a wide range of critical and innovative services

ReSourceYYC a one-stop resource shop for entrepreneursRon Bettin is co-founder of ReSourceYYC. Calgary’s Business: Can you explain what ReSourceYYC is, its purpose and its history? Bettin: ReSourceYYC is a unique and innovative coworking space for entrepreneurial professionals. We have created an environment that combines an inspirational workspace with access to world-class software and collaboration with industry peers and experts. We support our…