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Leadership

Law firms tinkering as business model under stress

Posted on July 21, 2014

Law firms continue to grapple with finding new ways to mesh their traditional, if rapidly outmoded, business model with client pressures to control fees.

Most recently, Fasken Martineau DuMoulin LLP came up with a service package for incubators and groups of angel investors. Its startup program gives entrepreneurs two hours of monthly meetings with lawyers to discuss basic business issues for about $2,000 a year. It gives Faskens an early lead on companies with good growth potential with possibly higher fees down the road.

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How to be more creative

Posted on June 3, 2014

Whack on the Side of the Head022

Many branding, marketing, advertising, and public relations functions rely on creativity.

In many advertising agencies, there are people in charge of coming up with Big Ideas for clients, and collectively these ideas are called “The Creative.” Companies pay big bucks for creative ways to feature their products and services in front of their clients and prospects.

“But I’m not creative!” is the synchronized wail of many business people.

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With Cisco’s $100M investment in global innovation centre, Toronto is now no. 2 to Silicon Valley

Posted on March 5, 2014

Waterpark-place_Toronto_014_ext_highCisco Systems Inc., a manufacturer of networking equipment, today announced that a global innovation ‘Internet of Everything’ centre will be located in Toronto’s so-called ‘south core,’ at WaterPark Place. The 15,000-square foot innovation centre will open in April 2015 and represents an investment of $100M over a decade (2013 to 2022).

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The threat to your business is not your competition

Posted on February 16, 2014

Netflix 1960s TVThe real threat to your business is not your competition;  it’s disruptive technology. Or, what’s called a “category killer” in marketing speak.

What killed classified advertising, a hugely lucrative money-maker for newspapers? It was Craig’s List and Kijiji.  What killed the Yellow Pages? It was the internet. What killed Blockbuster Video? Not a cheaper movie rental service;  it was Netflix. The internet has killed many industries so far—and it ain’t done yet.

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Here’s how to make viral videos, from promoters of ‘Devil’s Due’

Posted on January 23, 2014

Multi-million dollar prop for Devils DueLast week’s 2-minute video clip of the demonic baby in a runaway baby carriage that terrified even jaded New Yorkers has gone viral. This genre of promotion even has a name: it’s called prankvertising.

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Communication lessons from Pope Francis

Posted on January 2, 2014

Pope Francis clown noseThe ways in which Pope Francis has made the Church change are very simple and effective. Best of all, they’re entirely replicable by CEOs wanting to effect change in their organizations. CEOs can modify and implement themselves. Here’s just some of what Pope Francis is doing right:

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Smartphones? Meh! Get ready for “smart buildings”

Posted on September 19, 2013

CISCO logoCurrently, only about 1% of devices that could be connected to the internet are, in fact, connected to the internet, said Wim Elfrink, EVP Industry Solutions, at Cisco.

By 2020, however, Cisco predicts internet-connected devices will increase by 450%. The real challenge will be this: municipal governments do not currently know how to use or leverage so-called “Big Data.”

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At Wal-Mart, $50B is a good start to repatriate U.S. manufacturing jobs

Posted on September 3, 2013

walmart-logoWal-Mart held its first manufacturing summit in Orlando, Florida, on August 22 and 23, 2013, to kick-start and repatriate manufacturing jobs in the U.S. 

The summit boasted attendance from 500 manufacturers, General Electric CEO Jeffrey Immelt, eight governors, officials from three dozen states, U.S. Commerce Secretary Penny Pritzker, and Bill Simon, president and CEO of Wal-Mart’s U.S. division—about 1,500 people in the audience.

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The rare CEO who takes responsibility: Ed Burkhardt, MM&A Railway

Posted on July 12, 2013

MMA_logoWhen we turn on the TV and see a business executive or a politician being interviewed, we’ve come to expect them to be misinformed and poorly briefed, hiding behind big words, spouting Key Messages that make no sense. We have come to expect CEOs who hide behind lawyers. When we get the Real McCoy, we don’t know what to do.

When Ed Burkhardt, chairman and CEO of Montreal Maine and Atlantic Railway (MM&A), arrived in Lac-Mégantic Wednesday to face the media, he was slammed for being lacking. Some of the comments I heard: “He didn’t care,” “He didn’t speak any French,” and “He didn’t arrive with any lawyers or PR people in tow.”

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Why Canadians are finally pushing back on bad corporate behaviour

Posted on May 10, 2013

Joe Fresh logoIn the past few weeks, we have seen green shoots rising out of the ashes of relentless pursuit of corporate profits, quarter-over-quarter. We may have arrived at a tipping point where increasingly Canadians who have been shoved, are pushing back.

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Latest News

  • Law firms tinkering as business model under stress
  • How to be more creative
  • With Cisco’s $100M investment in global innovation centre, Toronto is now no. 2 to Silicon Valley
  • The threat to your business is not your competition
  • Here’s how to make viral videos, from promoters of ‘Devil’s Due’

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