Scope Creep: The Unplanned Cost of Complex Projects
Business Strategy

Scope Creep: The Unplanned Cost of Complex Projects

Project Management Professionals (PMPs) were once commonly sought out for niche fields such as ICT and construction, but many businesses are beginning to utilize project management and product management standards to help run their business more efficiently. The benefits of utilizing standardized and centralized processes for managing projects goes beyond efficiency gains. Some small businesses,…

Register for an Upcoming CME Export Success Webinar
Business Strategy

Register for an Upcoming CME Export Success Webinar

As Canadian small businesses begin operations for the 2016 calendar year, many will begin implementing new strategies that adapt to changing market conditions. The low value of the Canadian dollar will continue to influence Canadian export growth, with new opportunities opening globally. Ensuring that your business can adapt to these changes will provide immediate and…

The Top Trends in Canadian Business for 2016
Business Strategy

The Top Trends in Canadian Business for 2016

2015 showed Canadian business owners and executives that uncertainty is the new ‘normal’ for operating a firm. With major shakeups in the Canadian economy, federal government, and international business factors, nothing can be taken for granted, and businesses must be willing to go beyond expectations to stay alive. Having reported major trends affecting business during…

Downsizing: How to Optimize your Living Space (Part 2 of 2)
Government Funding

Downsizing: How to Optimize your Living Space (Part 2 of 2)

Last week I wrote Part 1 of Downsizing: How to Optimize your Living Space, which explained trends in increasing living space per person. This trend was inconsistent with a reducing household headcount and flat-line house building costs, creating an excess in living space not seen in other countries. The solution to this issue, unfortunately, is…

Downsizing: How to Optimize your Living Space (Part 1 of 2)
Business Strategy

Downsizing: How to Optimize your Living Space (Part 1 of 2)

We may not realize it because it has become a cultural and societal norm, but Canadians have become amongst the least living space-efficient people on earth over the past few decades. Due to market demand, it’s difficult if not impossible for Canadians to find new homes to live in which are space and cost-effective. The…

Toronto Businesses Save Money with Smart Water Reduction Programs
Business Strategy

Toronto Businesses Save Money with Smart Water Reduction Programs

The City of Toronto is one of Canada’s mega-hotbeds of economic activity and is home to some of the nation’s most driven, successful companies. Both large and small, businesses within Toronto are constantly looking for ways to improve their operations to become more efficient, innovative, and grow into the future. To assist with these business…

Attend ISPE’s Educational & Product Symposium: September 21-22
Business Strategy

Attend ISPE’s Educational & Product Symposium: September 21-22

The International Society for Pharmaceutical Engineering (ISPE) is a not-for profit association which seeks to advance the pharmaceutical industry through education and providing members with forums to exchange ideas and practical experience. Maintaining their educational goal, the ISPE will be holding an Educational & Product Symposium on September 21 and 22 in Ottawa, Ontario. As…

Personal Finances: Efficiency in the Rental Market
Business Strategy

Personal Finances: Efficiency in the Rental Market

As Mentor Works’ resident Fresh Prince of Frugality, I am constantly thinking about how I can reduce my living expenses to increase my flexibility to save, invest, and plan for the future. I often hear people discussing whether or not renting makes financial sense. Owning your own property has several major benefits, and renting can…

Canadian Consumer Debt
Business Strategy

Canadian Consumer Debt

At over $500 billion in 2014, Canadians’ consumer debt levels are cause for alarm. Consumer debt encapsulates the outstanding debt of consumers that funds consumable goods which do not appreciate in value, including vehicle loans, item purchases, etc. Canadians’ debt related to mortgages represents $1 trillion, though this can be viewed as an appreciable investment….