Projects fail. They fail all the time. We accept their failures and we accept the failure rate as part of business. In 2021, it was noted that 70 per cent of businesses have had a project fail in the past year. What does this mean? It means that an overwhelming majority of projects do not…
Optimize the amount of Canadian government funding your project can receive by stacking multiple federal and provincial grants, loans, and tax credits.
We’ve discussed why hiring a consultant can provide significant value to your organization and offer tips for choosing the right one.
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.
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…
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 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…
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…
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 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…