What a Healthy Workplace Does to Waste
"Start with good rules, lay out the rules, communicate with your employees, motivate them and reward them. If you do all these things effectively, you can’t miss." -Lee Iacocca As we learn to be brutal with wastes like over-inventory and sending half empty trucks on...
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Best Job Interview Questions
Talent is the most mysterious of the wastes of business. It’s impossible to measure because unlike the others, it’s not about having too much of something. It’s about not having enough ideas and enthusiasm because the wrong person was hired or the right person wasn’t...
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Federal Government Taxation Proposals: So where do we stand?
It’s been a long three-plus month process since Federal Finance Minister Bill Morneau held his now-famous press conference touting the government’s plans for implementing major changes to how Canadians are taxed. On October 24th, he tabled the 2017 Fall Economic...
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Is That Job Profitable?
"The road to success is always under construction." -Arnold Palmer In the construction industry, it sometimes feels like the only way to be more profitable is to work more and more hours. But driving up revenue is only one way to make more money. Reducing waste is the...
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The 8 Wastes At Home
"The more inventory a company has, the less likely they will have what they need." -Taiichi Ohno The Temptation of Over-inventory: As dangerous a waste that over-inventory is, most business owners have fallen victim to it. Saving 15% when buying in bulk is a siren...
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They’re Clamping Down on Income Splitting: What it means for you
"The only difference between death and taxes is that death doesn’t get worse every time Congress meets." - Will Rogers Income Sprinkling 101: It’s become common practice for high income Canadians. We get a private Corporation (easily done) and funnel a portion, or...
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How to Beat the Dog Days of Summer
"Deep summer is when laziness finds respectability." -Sam Keen Is the Summer Slump a Thing?: Feeling sluggish lately? As the temperature rises and employees turn to thoughts of margaritas and campground, down goes the productivity. This can amp up not only your waste...
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Are You Failing Often Enough?
"If failure is not an option, then neither is success." -Seth Godin "I've missed more than 9000 shots in my career. I’ve lost almost 300 games. 26 times, I've been trusted to take the game winning shot and missed. I’ve failed over and over and over again in my life....
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The Business of Selling Your Business: What you need to know
"A person who never made a mistake never tried anything new." - Albert Einstein So you wanna sell your practice? There are 2 important questions to ask. The first is whether or not the value of your practice is at its peak. This is gut feel, and largely...
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Disruption is Coming: Are you ready to make the most of it?
"You either disrupt your own company or someone else will." -Peter Diamandis Manufacturing is changing. Quickly. Companies are adopting advanced technologies quickly in order to stay competitive. Disruption is the new reality, and those who embrace it as an...
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