TEC Canadahttp://www.tec-canada.com/RSS Feeds powered TEC Canadaen-us Banking Basics for Tough Times The current economic climate and restricted access to credit mandate that we treat borrowing as a privilege, not a right. This article prepares you to get the desired "yes" from your banker. /Banking-Basics-for-Tough-Times 2010-06-25 16:53:27 Don't Forget This Number... When considering/dealing with changes in price, volume, or costs in your business, it is wise to use the tool of Break-Even Analysis to understand the effect of those changes on profitability. /Don-t-Forget-This-Number 2010-06-28 10:42:18 A Money Conversation that Works Spouses can often be on different pages when it comes to money. /A-Money-Conversation-that-Works 2010-06-18 13:46:04 Death by Documentation Popular folklore is that performance evaluations are necessary to ensure that employee files are properly documented to defend the company in case of a lawsuit.  In fact, they do exactly the opposite. /Death-By-Documentation 2010-07-15 11:42:04 Coaching Family Members Should a manager coach an employee if that employee is a family member?  This article discusses who to coach and who not to coach to best manage the business and these critical relationships.    /Coaching-Family-Members 2010-04-29 11:03:53 Replacing Old Technology Sometimes it is better to replace an aging system than to patch or repair it.  In this essay Markle argues that the performance evaluation is one such system.  /Replacing-Old-Technology 2010-06-25 12:58:53 The Weakness Trap The best thing to do with a weakness is to try to eliminate it from the job.  Follow the example set by sports coaches and develop your players by asking them to do more of what they do best.   /The-Weakness-Trap 2010-06-25 12:59:47 Comp Plans Drive Behaviour Comp plans drive behaviour. What behaviour is your comp plan creating? /Comp-Plans-Drive-Behaviour 2010-06-18 13:46:15 Navigating Smart Growth Organizations, like individuals proceed thorugh well-defined stages of growth and rebirth. Understanding these stages and the natural transition points between them helps to answer the key business and management question, "What Next?" /Navigating-Smart-Growth 2010-06-21 16:40:33 Delegation - Mastering a Fundamental Barrier to Leadership and Organizational Growth Delegation is the single greatest leadership skill that can bring a company's profitable growth to a halt if not mastered and practiced by all leaders. /Delegation--Mastering-a-Fundamental-Barrier-to-Leadership-and-Organizational-Growth 2010-06-25 14:08:38 Getting from Vision to Execution and Results A process - The Execution Maximizer - for company's to capture their vision but more importantly execute it and get results. /Getting-from-Vision-to-Execution-and-Results 2010-06-25 14:15:10 Priorities - The Key to Achieving the Impossible and Moving Mountains of Work If everything is important, nothing is; leaders must constantly set the highest priorities for themselves that contribute the most to their organizations. /Priorities--The-Key-to-Achieving-the-Impossible-and-Moving-Mountains-of-Work 2010-06-25 14:18:17 Outlook 2010 - Prospering in the New World - Part One McLean & Partners outlines their global Outlook for 2010, and how to prosper in the new world. This discusses the economic recovery, inflation, and red flags to watch out for. /Outlook-2010--Prospering-in-the-New-World--Part-One 2010-06-18 13:46:22 Outlook 2010 - Prospering in the New World - Part Two McLean & Partners outline their global Outlook for 2010, and how to prosper in the new world. This discusses how to invest in a two-tiered economic recovery, and why shift from large cap to mid caps? /Outlook-2010--Prospering-in-the-New-World--Part-Two 2010-06-18 13:46:26 Outlook 2010 - Prospering in the New World - Part Three McLean & Partners outlines the global Outlook for 2010, and how to prosper in the new world. This discusses how fixed income investors should adjust their portfolios. /Outlook-2010--Prospering-in-the-New-World--Part-Three 2010-06-18 13:46:41 Outlook 2010 - Prospering in the New World - Part Four McLean & Partners outlines their global Outlook for 2010, and how to prosper in the new world. This discusses the U.S. vs Japan, and what two sectors to overweight. /Outlook-2010--Prospering-in-the-New-World--Part-Four 2010-06-18 13:46:46 Outlook for 2010 - Prospering in the New World - Part Five McLean & Partners outlines their global Outlook for 2010, and how to prosper in the new world. This discusses how to make money in the International markets. /Outlook-for-2010--Prospering-in-the-New-World--Part-Five 2010-06-18 13:46:50 Taming the Tax Beast (Part 1) - A CEO's Responsibility There are a number of high-impact tax strategies that are available to business owners and their corporations to legally reduce the amount of tax they have to pay. /Taming-The-Tax-Beast-(Part-1)--A-CEO-s-Responsibility 2010-07-15 11:42:59 Top 10 False Assumptions in Doing International Business Top 10 false assumptions in doing international business. We see it repeatedly, from the low-level trainee right up to the CEO. /Top-10-False-Assumptions-in-Doing-International-Business 2010-06-28 14:09:35 Here are 20 Keys to Having Success in International Markets An international market-entry plan contains hundreds of elements, but these initial 20 are the most critical for success abroad: /Here-are-20-Keys-to-Having-Success-in-International-Markets 2010-06-18 13:46:12 Breakdown to Breakthrough - Leading in an Unpredictable World One leadership skill often ignored—but essential in crisis—is great leaders' mastery in turning breakdowns into breakthroughs. Breakdowns are a leader's most underrated allies. Here's why... /Breakdown-to-Breakthrough--Leading-in-an-Unpredictable-World 2010-09-10 17:59:48 The Website as a Garden A good perspective on building a website is thinking about it as a garden. /The-Website-as-a-Garden 2010-06-25 16:43:41 Chess Theory A simple philosophy on when a business plan can be too restrictive. /Chess-Theory 2010-06-25 16:46:11 Happiness Happiness is a choice. It is what you choose to think, about what you think. /Happiness 2010-06-25 16:57:44 Mastery Learn about the Nature of Mastery /Mastery 2010-06-25 17:01:55 The Top 10 Tools for Financing Your Business! Could you use an extra million dollars, or ten, to run your business? What a question, of course you could! Here are ten ideas and tips for better borrowing in these tough times. /The-Top-10-Tools-for-Financing-Your-Business! 2010-06-25 15:26:00 Taming the Tax Beast (Part 2) - A CEO's Responsibility This article features a few tax credits that could potentially reap thousands of dollars of tax savings and/or refunds each year for business owners and their corporations. /Taming-The-Tax-Beast-(Part-2)--A-CEO-s-Responsibility 2010-09-03 12:14:33 Ten Niche Opportunities to Thrive Now! Kraig's ten tips for dramatically improving your business during this bothersome recession/recovery period. These ideas will improve your growth, profitability, and especially cash and credit areas. /Ten-Niche-Opportunities-to-Thrive-Now! 2010-06-25 15:30:07 Learning Accelerated Reading-1 Learn to read the way you think, instead of the way you talk. /Learning-Accelerated-Reading-1 2010-06-25 17:04:36 Self-Assessment Imagine that you have just been hired to review your company and the way it conducts its’ business. /Self-Assessment 2010-06-21 16:45:16 Self-Assessment Scoring Key and Results Self-Assessment Scoring Key and Action Plan /Self-Assessment-Scoring-Key-and-Results 2010-06-25 12:53:27 Lessons from a Volcano: Preparing for Future Events Could anyone have foreseen the effect a volcano could have on world wide air travel? Careful now, it is a trick question. It asks if anyone could have foreseen the effect, not the volcano. /Lessons-from-a-Volcano-Preparing-for-Future-Events 2010-06-25 16:41:27 The Four D's That Can Destroy A Business Death, divorce, disability and departure: they are unpleasant to consider, but when one of them befalls a business that doesn’t have a plan for dealing with the fallout, the result can be chaotic. /The-Four-D-s-That-Can-Destroy-A-Business 2010-09-03 12:14:46 Investing In Innovation - The $8 Billion Tax Credit Although Canada’s SR&ED program has been recognized as one of the most generous worldwide, there are still many eligible companies who do not file claims. /Investing-In-Innovation--The-8-Billion-Tax-Credit 2010-06-25 16:23:38 Kick Start Your Business With Apprenticeship Tax Credits The federal and provincial governments have implemented programs designed to increase labour capacity and reward those companies who invest their resources towards workplace-based training. /Kick-Start-Your-Business-With-Apprenticeship-Tax-Credits 2010-09-03 12:15:06 Seven Consumer Trends that Define Business in the "New Normal" The seven trends detailed in this article are opportunities you can seize to give your customers more of what they want. /Seven-Consumer-Trends-that-Define-Business-in-the-New-Normal 2010-06-25 16:30:33 Advice for Establishing Your Business in China The path to doing business in China is fraught with perils and littered with many failed ventures. Your best approach involves... /Advice-for-Establishing-Your-Business-in-China 2010-06-25 12:34:00 Three Sales Mistakes that Ruin Businesses Business owners and leaders are bound to make mistakes. Here are three of the most deadly mistakes - if you recognize any of these in your business, you should take immediate corrective action. /Three-Sales-Mistakes-that-Ruin-Businesses 2010-09-14 17:14:57 How to Build Accountability Among Your Employees Having accountable employees is one step away from having a business that runs itself. /How-to-Build-Accountability-Among-Your-Employees 2010-06-25 13:56:49 Managing the Hidden Side of Change As an organization, you can adapt to change and survive. Or you can create your own future by managing the change and the transition. /Managing-the-Hidden-Side-of-Change 2011-02-08 12:53:32 How Much Could Unionized Employees Cost You? The Employee Free Choice Act (EFCA) is the most sweeping legislation on labor relations in America in more than 50 years. The Act makes it easier for employees to form and join unions... /How-Much-Could-Unionized-Employees-Cost-You 2010-06-25 15:34:01 Identity Theft Defense Strategies Cybercriminals want your social security number so they can apply for credit in your name. They want your bank account numbers and credit card numbers so they can take your money... /Identity-Theft-Defense-Strategies 2010-09-14 18:55:29 Positive Feedback: What Employees Want and Need Positive feedback has long been recognized as a critical element in high-performing workplaces. Yet, many managers don’t feel comfortable giving praise, saying that it takes too much time... /Positive-Feedback-What-Employees-Want-and-Need 2010-06-25 13:53:12 Ten Do's and Don'ts of Social Media If your company is not yet engaged in social media, it’s time to jump in before your competitors beat you to the punch. /Ten-Do-s-and-Don-ts-of-Social-Media 2010-06-25 12:54:56 Cut Health Care Costs by Establishing a "Culture of Health" As every CEO and company owner knows, health care costs have skyrocketed over the past several years. In fact, many Fortune 500 companies now report that the majority of their profits are being eaten /Cut-Health-Care-Costs-by-Establishing-a-Culture-of-Health 2010-06-25 14:00:35 Outrunning Tigers and Other Investment Challenges Setting objectives for your portfolio goes beyond beating the market. /Outrunning-Tigers-and-Other-Investment-Challenges 2010-11-09 12:54:11 Good Health is Good Business: Healthier Employees Save Corporations Money in the Long Run Now more than ever, it is important for companies to invest in wellness for their employees. Without a healthy team, companies will face higher bottom line costs and lower productivity. /Good-Health-is-Good-Business-Healthier-Employees-Save-Corporations-Money-in-the-Long-Run 2010-06-18 13:46:07 Golden Moments Some believe that a person's life can be summarized by the unique set of peak experiences they accumulate.  This article describes one such "Golden Moment" and suggests ways to purposely seek more. /Golden-Moments 2010-06-18 13:47:20 The Strategic Use of Trusts Trusts have existed for hundreds of years and remain a viable and valuable estate and tax planning vehicle. The benefits associated with proper trust structures are hard to ignore... /The-Strategic-Use-of-Trusts 2011-02-15 14:06:58 Wealth, Health & Kids: Strategies for Raising Financially Competent Children Teaching your children about money is very important, especially given the events of last year. Children and young adults today have more spending power than ever... /Wealth-Health-Kids-Strategies-for-Raising-Financially-Competent-Children 2011-02-15 14:33:56 Television Coverage - It's Not as Hard as You Think Television coverage might be a bit more challenging to achieve - but when you do, it pays off 100-fold! Here are five tips that will help you get broadcast coverage for you company. /Television-Coverage--It-s-Not-as-Hard-as-You-Think 2010-09-21 18:55:40 Using Social Media to Build Your Brand This article is about the different types of social media and how to easily and effectively use them to promote your product or service. /Using-Social-Media-to-Build-Your-Brand 2010-06-28 14:02:14 So You Want To Talk About Branding? A brief overview of what a brand is and how you can go about building your own company brand. /So-You-Want-To-Talk-About-Branding 2010-06-23 13:19:46 Optimize Your Leadership Development R.O.I. In order to make better leadership development decisions, here are 10 points a CEO or business owner should consider for any leadership development program they may be contemplating. /Optimize-Your-Leadership-Development-ROI 2010-09-14 14:17:10 New Income Splitting Opportunity Alberta professionals have a new income splitting opportunity thanks to the Professional Corporations Statutes Amendment Act, 2009. /New-Income-Splitting-Opportunity 2010-06-25 11:54:14 Don’t Sell Yourself Short: How to Raise Service Business Prices Many new professional service or creative service businesses price their services below market rates as a way to bring in initial business. However, as business increases, should you raise prices? /Dont-Sell-Yourself-Short-How-to-Raise-Service-Business-Prices 2010-07-05 13:27:21 Creating Key Messages to get Free Publicity - Part One Creating Key Messages puts you on the path to creating the messages you'll use when speaking with the media. /Creating-Key-Messages-to-get-Free-Publicity--Part-One 2010-06-24 16:00:05 Income Splitting Loans In the past several years in an effort to stimulate the economy, the government has followed a policy of significant interest rate reductions. This has created an opportunity for individuals... /Income-Splitting-Loans 2010-06-25 12:39:51 Starting Your Public Relations Plan When is the right time to start your PR Plan? Right Now - Nothing like the present to start getting exposure for your business. It's not as hard as you think. /Starting-Your-Public-Relations-Plan 2010-06-24 15:49:46 Creating Key Messages to get Free Publicity - Part Two This is the second of two parts in how to create key messages that will help you when you are talking to media, customers, investors and the public. /Creating-Key-Messages-to-get-Free-Publicity--Part-Two 2010-06-28 15:53:20 Your Shareholders' Agreement Unfortunately Shareholder Agreements are often one of those documents that is placed in the back of the filing cabinet and forgotten about for years... /Your-Shareholders-Agreement 2010-06-28 14:10:50 Insider Trading Reports Key changes to filing deadlines, deemed beneficial ownership, reporting equity-based compensation and derivatives. /Insider-Trading-Reports 2010-06-25 12:45:59 Purchasing Real Estate in Mexico We have all heard the horror stories about people buying real estate in Mexico, however, buying there can be secure when involving the right professionals and following the right steps. /Purchasing-Real-Estate-in-Mexico 2010-06-25 12:48:02 Demystifying Individual Pension Plans Individual Pension Plans represent a superior vehicle for accumulating retirement assets. Despite their numerous advantages, IPPs remain relatively unknown. /Demystifying-Individual-Pension-Plans 2011-04-07 17:09:28 The Role of the Leader: Creating Alignment The work of leadership – especially at the higher levels within organizations – is about creating alignment among all employees regarding different aspects of the business. /The-Role-of-the-Leader-Creating-Alignment 2011-04-14 11:35:15 Social Networking: The Blurring of Lines In a world of social networking, lines seem to be blurring somewhat. /Social-Networking-The-Blurring-of-Lines 2010-07-16 13:27:47 The Art of Building Trust and Rapport People trust people that put them first, are unconditionally consistent, do the "little things" & ultimately forge a real relationship. This article is the "how to". /The-Art-of-Building-Trust-and-Rapport 2011-04-14 12:24:00 Ready Or Not, Here They Come! Understanding and motivating the Millennial Generation. /Ready-Or-Not-Here-They-Come! 2010-10-04 14:18:24 Consensus is a Road to Mediocrity (Part 1) The first part of this three-part series looks at the traditional role of consensus in making executive business decisions, and its place in the modern business environment. /Consensus-is-a-Road-to-Mediocrity-(Part-1) 2010-10-13 16:55:40 Powerful and Persuasive Presentation Skills: Effectively Influence and Motivate Others Good presenters are not born; they work hard at developing effective styles and techniques. Here are the basic guidelines to always keep in mind when developing and delivering presentations. /Powerful-and-Persuasive-Presentation-Skills-Effectively-influence-and-motivate-others 2010-10-21 16:07:13 Consensus is a Road to Mediocrity (Part 2) In part two of this three-part series, we look at consensus in today's world and how it's enacted in different organizations. /Consensus-is-a-Road-to-Mediocrity-(Part-2) 2010-10-18 15:23:05 Transform Fear of Rejection into Personal Power One of the most profoundly limiting forces to personal success and happiness is the need for approval or, conversely, the fear of disapproval, or rejection. /Transform-Fear-of-Rejection-into-Personal-Power 2010-10-22 12:28:13 Consensus is a Road to Mediocrity (Part 3) The final part of our three-part series on consensus looks at the four styles of decision making: consensus, democracy, authority and command, and their role and place in society. /Consensus-is-a-Road-to-Mediocrity-(Part-3) 2010-10-28 14:31:41 What CEOs need from key executives: Leading Up Any organization can benefit from more upward leadership. Learn why "Leading Up" is a great way to think more strategically, communicate persuasively and act decisively... /What-CEOs-need-from-key-executives-Leading-Up 2010-11-09 18:59:33 The Top Ten Challenges of Wealth. As individuals, we tend not to prepare our children to inherit wealth because as a society we tend to focus on the quantitative, rather than the emotional, side of money and wealth. /The-Top-Ten-Challenges-of-Wealth 2010-12-03 11:42:42 Why They Should Buy From You: Defining Your Value Why should my prospect choose me over my competitors? /Why-They-Should-Buy-From-You-Defining-Your-Value 2010-12-03 13:26:18 How to Make Risk Taking Less Risky and Live the Life you Love! It is the ability to take a series of steps, without the feeling of confidence, that can make dreams come true. /How-to-Make-Risk-Taking-Less-Risky-and-Live-the-Life-you-Love! 2010-12-13 12:08:24 Develop Your Brand. Become An Expert! Everyone is looking and sounding the same out there, and as a result, it is becoming more difficult to differentiate yourself in the marketplace. /Develop-Your-Brand-Become-An-Expert! 2010-12-15 16:17:40 Holiday Travel: Recognize the Stressors This is the season to be jolly and that includes plans to spend time with family, relatives, friends or head somewhere warm and sunny. All this sounds exciting, however... /Holiday-Travel-Recognize-the-Stressors 2010-12-22 16:29:53 Do you know what you are worth? You've heard the phase "People are our most important asset.... " dozens of times. Maybe you've even recited it to someone. Have you ever wondered how this particular phrase really ends? /Do-you-know-what-you-are-worth 2010-12-28 21:19:35 Beware of a Sheep in Wolf’s Clothing: A due diligence approach to hiring Sometimes a sheep dressed like a wolf applies for a sales position. It looks like an alpha wolf, successful and with keen instincts, but behind the fangs it’s fluffy and a little slow. /Beware-of-a-Sheep-in-Wolfs-Clothing-A-due-diligence-approach-to-hiring 2011-01-07 13:12:50 Booze - the good, the bad and the bottom line. . . Becoming the CEO of your health requires that you take responsibility for it by doing your part in making lifestyle changes – changes that can add happy, healthy years to your life. /Booze--the-good-the-bad-and-the-bottom-line 2011-01-14 13:00:48 Your Greatest Asset Developing people has historically been viewed as discretionary spending in a business. But the harsh reality is that your people are either your greatest asset or your greatest liability. /Your-Greatest-Asset 2011-01-17 17:08:46 Customer Experience Metrics Every Business Should Track Many executives believe that customer experience is all about customer service. But, customer service is only one aspect of the experience. /Customer-Experience-Metrics-Every-Business-Should-Track 2011-01-27 18:24:29 Personal Qualities of a Leader Drawing from Patrick Lencioni's 'The Five Dysfunctions of a Team' and Tim Irwin's 'Derailed', Mona discusses the traits needed for leaders and teams to be successful. /Personal-Qualities-of-a-Leader 2011-07-26 18:17:49