Blog categorized as Business Tips

Product innovation is a term loosely used in business but do we really understand what that term means? Lets start by defining the key words: product and innovation. A product is a bundle of attributes (features, functions, benefits, and uses) that a person receives in an exchange. In...

If you are running one of the 1.1 million Canadian Small-Medium-sized Enterprises (SME) and are facing the choice of either paying back your debt, upgrading existing equipment or hiring a trend-watching professional with finite resources, worry ...

Right people bring the right attitude, skills, and expertise to the organization, creating a work-friendly environment where harmony and prosperity lead the company along the road to success

To stay alive, humans need water, sleep, and food. Similarly, to stay viable in the market and thrive amidst its competitors, a business needs to grow. It has generally been observed that businesses are either growing or declining; there appears to be no middle ground. Growth is crucial to the compa...

There is a gross flaw in the fundamental way our society seems to view weakness and imperfection. The fairy tale lives depicted in social media posts propagate and exacerbate the problem. Yet, its roots extend back far before the existence of the Internet. People have probably been hiding defects si...

In order to sustain, businesses must perpetually seek to increase their value proposition. Value is composed of four primary constituents: the customer experience, quality, convenience, and pricing. Assuming you're not fortunate enough to be running a monopoly, you will need to always look for ...

There are few things worse than working with someone with whom you have ongoing conflict, whether he be your boss, a coworker, or an employee. The only thing worse, perhaps, is the emotional distress experienced by those with ongoing conflict with a member of their family (e.g. spouse). A strong cas...