The top obstacles to implementing a digital transformation strategy and how to overcome them What obstacles can result in digital transformation implementation failure? This article explores common obstacles that hinder digital transformation success and provides solutions. In the previous article, I described digital transformation technologies. You can read it at this link. Organizations encounter the…
Tax hikes since 2015 stifle over 12,000 potential businesses: Montreal Economic Institute study reveals A recent study conducted by the Montreal Economic Institute (MEI) sheds light on how income tax increases implemented since 2015 have had a substantial impact on the formation of new businesses. The study, released this morning, suggests that these tax hikes…
The key technologies you need to know to unlock the potential of digital transformation What technologies are central to implementing digital transformation? This article describes current and future technologies that enable digital transformation. The previous article described applications that can offer significant benefits when implementing digital transformation. You can read it at this link. Leading…
Rental rates see an unprecedented surge, with annual growth of 9.6 percent In August, the average asking rents in Canada soared to a new all-time high of $2,117, marking a monthly surge of 1.8 percent and an annual growth rate of 9.6 percent, according to the latest National Rent Report from Rentals.ca and Urbanation. Over…
Fifty-one percent of Quebecers also favour tapping into the province’s oil resources to meet domestic energy demands A poll released this morning and conducted by the Montreal Economic Institute (MEI)-Ipsos shows that a significant majority of Quebec residents favour advancing the development of fresh oil and gas pipelines aimed at supplying Europe and Asia. Related…
Emotional subjectivity and self-interest have made online shopping customer feedback meaningless, even misleading I am a heavy online shopper. Except for purchasing groceries and pants, all my consumerism occurs online – vitamins, books, socks, hygiene products, office supplies, furniture. Click-click-click ... I am done. A few days later, often the next day, my purchase arrives.…
When we get into a downhill spiral of negativity, it’s often hard to change. And negativity can sink a business very quickly
The key to turning a business failure around is to focus on success and not the failures I recently worked with a company to solve a long-standing problem in one of their departments. The stressed owner of the company was frustrated at the lack of positive results. The company had brought in professionals over the…
Without property rights safeguards, governments can literally seize the land beneath your feet The precarious state of property rights in Canada has been thrust into the spotlight, and it’s a subject that should concern us all. Canadians must become active at the local and provincial level if they want their property rights to be respected…
Serious breach of trust? High-ranking food industry executives accused in alleged price-fixing scandal We have just learned that major Canadian food companies, namely Loblaw, Metro, Maple Leaf Foods, Walmart, and Weston Bakeries, find themselves entangled in a class-action lawsuit filed in Quebec. It seems inevitable that we may soon witness a similar class-action lawsuit affecting…
And Vaclav Smil has a proposal to extricate Canada from its decarbonization dilemma The ideological extremes of any situation rarely produce anything of tangible value. This notion is glaringly visible in the contemporary energy landscape of Canada, which is beleaguered by cacophonic extremes from the political left and right. The fringes are abundant with futile…