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Promoting your best salesperson to a management position is no guarantee the individual will be an effective sales manager. The same goes for promoting any top performer to management. You just never know. Management requires certain skills and not everyone has them, high performers included.
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Hugh Latif and David Molyneux play gospel music, serve refreshments and offer words of hope to the homeless and others.
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Operating at a "substantial" loss, Sears Canada Inc. is preparing for a total liquidation soon.
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Flu season is here and everyone is talking about getting their shot. Indeed, this is the time when many of us typically scramble to get the flu shot to avoid those winter bugs. But your business may also need a flu shot to protect itself from some nasty bugs.
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Canada's smaller grocers noticed that the country's two dominant bread suppliers were raising prices in lockstep, triggering complaints that were passed long to an industry association and then to the Competition Bureau.
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While strategic decisions are key to a healthy business, errors in strategy can be fatal because they deal with the direction the business is going.