Benefits of Hiring a Business Consultant
We’ve discussed why hiring a consultant can provide significant value to your organization and offer tips for choosing the right one.
How to Stack Government Funding Programs to Optimize Projects
To optimize the amount of Canadian government funding your project can receive, consider stacking multiple federal and provincial grants and loans. This strategy can help companies support up to 75% of eligible project costs.
DISC Profiles: What Does Wonder Woman Have to Do with Office Dynamics?
Understanding your own behavioural style and those of your co-workers with a DISC assessment can be a key factor in creating a positive workplace culture.
New Year’s Hesitations: Going Back to Work After Vacation
A friend of mine always developed a post-Christmas “flu” in high school. The holidays would end and suddenly, that first day back to school, he would complain to his mother that he didn’t feel well, and he would end up staying home an extra day or two to recover. Those of us who struggle with…
Canadian Government Funding: Frequently Asked Questions
There are over 200 unique funding programs available to Canadian businesses. Mentor Works has been supporting Canadian businesses in accessing and securing funding for growth for over 10 years and has, to-date, secured more than $1B in total funding for our clients. Our experience and expertise has helped our clients grow, create new jobs, and…
Project Management Strategies for Non-Project Managers
Project Management is a critical function in many businesses. Even in companies that aren’t projectized, it’s probable that you’ll deal with many projects throughout the year. In an ideal situation, you’ll have access to a full Project Management Office (PMO), dedicated resources, and all the tools needed to successfully deliver on a project. Realistically, it’s…
Canadian Business Merger and Acquisition (M&A) Strategies
Mergers and acquisitions (M&A) are increasingly common in today’s business landscape. According to the Institute for Mergers, Acquisitions, and Alliances (IMAA), M&A activity continues to rise, with over $3.8 trillion USD in deals completed in 2018 – and with nearly $1.8 trillion USD completed in 2019 so far, it doesn’t look like it’s going to…
Develop Your Risk Management Strategy: Trade Credit Insurance FAQs
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…
How to Update a Strategic Plan and Perform Course Correction
How do you implement your company’s strategic plan? When was the last time you did a pulse check to see where strategic deliverables stand? How closely aligned are employees with the broader mandate of your company? Business leaders should ask themselves these questions regularly, but many are so caught up in the ongoing demands of…
Project Failure Risk: Mitigation and Control Strategies
Projects fail. They fail all the time. We accept their failures and we accept the failure rate as part of business. Per the Standish Group’s CHAOS report, only about 30% of projects 2011-2015 were completed on time and on budget, over 50% were outright cancelled. What does this mean? An overwhelming majority of projects do…