Companies need working equipment to operate efficiently and generate revenue. In fact, many organizations rely exclusively on a few pieces of specialized equipment to run their entire business. Following a breakdown, major losses can occur and many organizations turn to equipment breakdown insurance. This is one of the most important parts of a manufacturer’s protection…
In today’s business climate, organizations are expected to extend credit to their customers, as it enhances purchasing power and creates opportunities that may not have been available otherwise. However, offering credit is a balancing act for most businesses, as just one late payment or customer insolvency can put stress on an organization’s cash flow and…
What can a risk manager learn from today’s major recalls and the large amount of media attention they attract? For consumer goods manufacturers and distributors, it serves as a wake-up call to the impact of a product recall event and a lesson in what should be done now to prepare for potential exposures. Despite recall…
Consider this scenario: A customer asks your company to manufacture a part according to certain specifications, which were outlined in a contract. He needs to add the part to his product and ship it to his customers by a set deadline. Your company creates the part, but due to an error that occurs during the…
Partner with OPG in the 2018 Ignite Competition Ontario is known as a leader in low-carbon electricity generation. Investments in clean technologies have long been a goal for Ontario’s electrical system, which has benefited Ontarians and businesses alike. Adopting innovative, clean technologies today helps shift towards a more sustainable grid and enables Ontario to benefit…
The Power of Knowledge Teams are crucial to the success of any organization; they are the parts that make the sum of your outcome. Your vision relies on the individual and interpersonal dynamics of those teams, and understanding them starts with identifying and measuring key points. But where do we start? The first step should…
Can you create an open data retrieval platform that accesses non-standardized data sets? How can the thousands of parameters affecting watercourses be used to help a sport angler? Is there a way to apply machine learning to the process of interpreting satellite imagery? Enterprises are increasingly using open data sets to create or improve their…
If you’re launching a startup or expanding your small business, the ground rules are much the same: you need to be highly visible online, and you must build a brand that people connect with. Instant recognition of a logo and developing global brands can take millions of dollars to achieve, but you can grab a…
Trade is the future. Despite protectionism in some regions, trading between countries has been rising and will continue to grow well into the future. Canada is one of the best examples of this, with 60% of the country’s GDP coming from trade. In the last quarter alone, global trade generated $1.8 billion in Canada. But…
Tactics & Trends from TalentEgg When it comes to hiring students and new grads to join your team, half the battle can be simply reaching the right people and getting them to apply. Perhaps you’re finding that your applicants aren’t the high calibre candidates you’re looking for, or maybe you’re struggling to draw in any…