Why diversifying your workforce can elevate your company to the next level

Learning about different cultures is one way to broaden your problem-solving skills, become more creative and enhance business interactions, according to research cited by Adam Galinsky and researchers at Columbia Business School. Galinsky and colleagues explain that the more exposed you are to multiculturalism, the likelier you’ll be able to produce new ideas in the corporate sphere. Why? Communication methods […]

The 6 employee incentives that could make your team more dedicated, loyal

Smart CEOs realize that the strength of their company relies heavily on the commitment and dedication of its employees. Looking beyond compensation, incentives and employee benefits are instrumental in attracting and retaining top talent. When it comes to incentives, the tried-and-true cash bonuses and employee of the month awards (who doesn’t love a pretty plaque on the wall?) […]

Is networking really worth it?

To network or not to network that is the question often asked by many senior executives. On one hand, networking is an important way to establish relationships and drive business development. At the same time, networking can be time-consuming and not always a productive exercise. So how should senior executives approach networking, particularly at a […]

Would you hire a corporate-sponsored artist for your company?

Facebook pays artists to create murals that will cover their headquarters’ walls. Autodesk invites artists to spend months working in their facilities, offering them a stipend and funds for their materials. Siemens created a musician-in-residence program through its hearing aid division, and Honeywell is also considering dipping its toes in the artist residency idea well. It […]

Big city or small suburb: Where should you base your B2B company?

At first glance, the advantages of headquartering a B2B company in a major metropolitan area are almost too numerous to list. From workforce size and media attention, to civic and business infrastructure, to diversity of client base, and even culture and entertainment options, cities, it would seem, are where any B2B exec would first want to consider […]

The 10 most insightful quotes from Wolff Olins’ CEO report

How is today’s CEO thinking about corporate culture and business success differently than yesterday’s leader? A new report from brand consultancy firm Wolff Olins surveyed 43 global CEOs to learn how their careers have been influenced by technology, new ways to educate staff, and a perspective shift that has revolutionized the position. Interviewed CEOs include AOL’s Tim […]

What CEOs should know about the value of advisory boards

What are the benefit of bringing an advisory board to your firm? That was the discussion at a session recently held at Toronto’s MaRS Discovery District, lead by Tony Redpath of MaRs and Karan Walia of mobile ad platform Cluep. Redpath mentors entrepreneurs at MaRS, with an emphasis on environmental, advanced materials and manufacturing markets. MaRS Discovery District, launched in 2005, helps […]

Why being married makes you a better entrepreneur

Entrepreneurs often apply their life skills to their sales and marketing, and the acquired lessons from marriage are no different. The business professionals we spoke to explain how their marriage helped them become stronger entrepreneurs…and how running their own companies helped their relationships. Eric Gilboord, of Toronto-based WarrenBDC, helps Boomer-aged business owners to sell or transition out of their […]

How can you get more clients out of your existing customer base?

What every startup or entrepreneur needs is not only a great idea, a smart business model and a strong staff backbone, but also a growing customer base. One important way to attract more accounts is through your existing customers. Aaron Goodin, CEO and Founder of Tack, a media technology startup, notes that, “What most startups often overlook is the value […]

How to handle firing someone…and being fired

by Kay Mathews Firing someone and being let go are two very unpleasant experiences in life. The perspectives of those who have faced both circumstances shed insights on how executives can ensure that the tough termination conversation goes smoothly and how employees can recover after losing their job. In an interview with B2B News Network, David Waring, co-founder of B2B […]