ISSUE 67 | JULY 2021
THIS MONTH FOCUSING ON Marketing Strategies That Are Key To Fuel Your Business Growth
Key Motivational Factors In The Workplace That Improves Employee Experiences
The Importance Of Cyber Security In The Digital Age
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CONTENTS
22
Nunavut Day &
24
The Importance Of Cyber Security In The Digital Age
27
That Improves Employee Experiences
29
The Human Law, War and Separation of State, Religion and Business Part Two
Its Celebrations 9th July 2021
Key Motivational Factors In The Workplace
05
& M-packages - A Key Business Ideology
07
How Innovative Technologies Impact The Business World?
09
Most Common Management Issues & How To Overcome The...
31
Understanding of Life Insurance and Related Products
11
Event Calendar
35
Marketing Strategies That Are Key To Fuel
13
Toronto Tech Boom Fuelling Local Economy Despite Covid
37
Google Pushes Into E-commerce
16
Entrepreneurial Growth Strategies & Plans To Help Your...
18
Adapting To The Canadian Workplace Culture - A Difference Of...
Success Vision For M-rides, M-foodz
Holidays and Observances in July 2021
20
Your Business Growth
39
4 Trackable Metrics to Move the Needle on Diversity and Inclusion Goals
Canada Day
& How It Is Celebrated In Canada & Worldwide
42
Facebook To Pay 14 Firms For News
EDITOR'S LETTER Dear Readers, The July issue is here with our 67th edition of the MBE Business Magazine. Being in this unprecedented times, we urge all our readers to take care of yourself and your family, wear a mask, and maintain social distance. If you feel any Covid-19 symptoms, self-quarantine and get yourself tested. We at the MBE Business Magazine wish everyone stay safe and healthy. This 67th edition of MBE Business Magazine covers an important Article on Success Vision For M-Rides, M-Foodz & M-Packages by Mr. Mansoor Naqvi; An insightful piece on Technology & Business World by Mr. Mahmood Naqvi; Most Common Management Issues By Mr. Alamdar; an informative article on Life Insurance and Related Products by Mr. Syed Hassan; The human Law, War and separation of state, religion and businesses (Part Two) by David Ralph Mackereth; and other interesting articles accompanying in this issue. We hope you will find this issue just as interesting and informative as always. Our team has worked tirelessly to bring this issue to you through our digital and social media platforms. Your feedback is highly valuable to us, if you have suggestions or comments feel free to call us at 1-866-667-1377 or email us at info@mbeforyou.com to tell us what you think about this issue. For Ad placements and marketing related queries, please email us at digitalmedia@mbeforyou.com Thank you, Aurora Zabala, Editor In Chief.
Publisher MB Enterprises Editor-in-chief Aurora Zabala Senior Editor Peter Z. Vaisey Managing Editors Steve Montgomery Mahmood Naqvi Design Cynthia Tolson A. Khan Production, Technology & Print Simon Wilson R.J Advertising S. Hassan Shoeib Kamal Administration Alamdar Hussein Erum Asghar R. Adil HOW TO REACH US Website: www.mbeforyou.com Feed-back: 1-866-667-1377 E-mail: info@mbeforyou.com Mail: 100 Dynamic Drive, Unit 104, Scarborough, ON, M1V 5C4. Fax: 1-866-204-6888 MBE Business Magazine is a monthly issue business magazine published by MBE. Inc. Ontario, Canada. Printed by Vision Printers Contents © Copyrights 2017 by MBE, may not be reprinted without written permission. Subscribe / Unsubscribe or Advertise by emailing us at mbe-marketing@mbeforyou.com
Success Vision
For M-Rides, M-Foodz & M-Packages - A Key Business Ideology Syed mANSOOR Naqvi
PRESIDENT MBE
The MBE Group of companies is proud to have M-RIDES,
diversified and dynamic opportunities in terms of commuting
M-Foodz and M-Packages as part of their diverse business
and also services that are linked with food and courier
group. We would love to have a vision that will prove to be
businesses.
sustainable for the group of companies in the long run as well the commuting business is concerned, MBE is confident that
DEFINING THE VISION WITH DEEPER INSIGHTS FOR M-RIDES, M-FOODZ & M-PACKAGES:
they can have decent competition with the relevant competi-
While having a vision aligned for MBE Inc. diversified
tors in the dynamic commuting markets. Commuting business
business services in Canada & overseas, it's a necessity to
is a source of huge turnover for many different companies
highlight the vision for MBE’s additional services that includes
that are working 24/7 in Canada with success and aligned
M-Rides, M-Foodz and M-Packages. All three are key
goals.
business segments for MBE Group, and there has to be a
as best for both Canada & the overseas markets. As far as
vision that keeps the services alive & kicking in the variable Making a lucrative analysis of the competitor’s strategy is
Canadian markets.
always fruitful for a company who has freshly stepped into its new business. Hence, exploring the dynamic business fronts
1. A Sustainable Vision: The vision needs to be sustainable
and dimensions should always be the goal of MBE Inc. in light
for all the three services, i.e. M-Rides, M-Foodz and M-Pack-
of M-Rides, M-Foodz and M-Packages. All three subsidiary
ages. There should be a comprehensive calculation and
businesses have huge business prospects in the Canadian
manipulation through different methods of formulating a
markets. This is apart from the huge number of opportunities
sustainable strategy. Having goodwill in the Canadian
associated with the businesses in the overseas markets.
markets is one thing that shall be fruitful for the company’s vision. Apart from this, there are other key factors that needs
The vision for MBE Inc. regards to the M-Rides is indeed the
nourishments & enhancements.
support that is needed for the journey of M-Rides. The journey has just begin with one destination to another
2. An Improved Customer Service: A highly improved
destination and the needs of the journey are bound to be
customer service will be highly advantageous for all three
analyzed with a much more comprehensive framework. This
services in terms of the deliverables. Creating comprehensive
framework needs support of people apart from other perfor-
and comfortable reporting lines is always an advantageous
mance indicators. This select group of smart people are
element for the service industry in terms of the efficiency of
dedicated to the vision of M-Rides in the competitive markets
the deliverables. Customer service is not only critical in
of Canada. The country being a huge land holds many
creating an impression circle, but is also detrimental in
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MBE BUSINESS MAGAZINE JULY 2021
W W W. M B E F O RYOU. C O M
summing up the company’s progress. It is like a major point of
people are using commuting & transport services in British
contact for those who are regular customers. Apart from the
Columbia, than in Ontario where a majority have their own
regular ones, it can also be highly pivotal for those who can
means of transportation. These results can be effectively
be potential customers.
extracted from a market research in form of surveys, observations and questionnaires.
3. A Diversified Marketing Strategy: Having a diversified M-Packages is always a key factor in minimizing the associat-
INVOLVEMENT OF A GROUP OF PEOPLE FOR BUSIENSS SUCCESS:
ed risks. associated. A marketing plan, of let’s say five years,
The role of a team and group of people for success is a vital
will always be helpful in terms of the vision analysis and
part of MBE’s vision for M-Rides, M-Foodz and M-Packages.
identification of the demographics, which is key when it
This is linked with the level of commitment of people, as well
comes to analyzing the different marketing dynamics.
as discipline in the team efforts. Combined efforts can always
marketing strategy for all three, i.e. M-Rides, M-Foodz and
be useful for sustainable results. A company or services 4. Useful & Scientific Market Research Strategy: Having a
cannot perform and compete at their optimum level unless
useful and scientifically dynamic strategy for market research
the vision clearly defines the role of the people. This should
will always prove the best strategy for the vision of the
be made clear in form of a defined role for every individual
company. A vision is never useful until a market research
and how the group or team adds-on to the journey. Hence, in
strategy makes it look more refined. This includes the term
short the key driving elements should be synchronized and
period, the capital investment as well as the demographics
aligned in more proper and disciplined ways.
that should be suitable for the vision. As an example, we can assert that M-Rides can be more successful in British Columbia compared to Ontario. The main reason being more
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How Innovative Technologies Impact The Business World? SYED MAHMOOD NAQVI Vice President | MB Enterprises
Technology plays a systematic and a
world is more practical and result-ori-
determining role in bringing more
ented. Hence, technology has to play
HOW TECHNOLOGY IS ACCELERATING INNOVATION:
value to a business. A case scenario
a key role in this regards, and this has
The value addition is substantial and
is the old taxi business people use to
been the case for at least the last two
much improved than it was earlier
avail to get to their destination. That
decades.
when the technology was first
has transformed for the better. While
introduced. An example that can be
having a taxi ride in Toronto you would
Similarly, while I remember in the
highly fruitful to discuss is its applica-
feel more connected via the technolo-
early days in Toronto, to order a pizza
tion in the hotel industry. The value
gy medium like the ride sharing
we had to order it through a marketing
addition is more customer focused
service or food ordering service apps
brochure and wait for the delivery. The
and as a hotel owner or management
in the commuting as well as the food
transformation today is amazing as
you can keep customer records and
industry.
ordering a pizza just needs a mobile
register their key preferences. The
App, and all you need to know is the
main idea behind this, is creating
Virtually everywhere it’s almost
time the order shall be delivered. The
value through improved customer
impossible to survive without the use
value addition is in terms of better
retention. In other words, technology
of technology. It’s not only connected
operational procedures and services
can also be taken as a catalyst in
with just the know-how, but effective
guaranteeing customer satisfaction.
higher levels of customer focus and
usage for sustainable and better
customer retention.
results. In the modern business world, results matter most, as the business W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
07
In the ride sharing industry the driver’s
know-how and insights of properties in
products. It clearly sums up the
involvement is shared along with that
their areas of preference via the use
importance of a demand-supply
of the customer. The involvement is
of various property apps or through
relationship.
more inclined to higher levels towards
different websites. Property valuation
the use of technology for a safe and
can be easily determined along with
There is no formula that can be
sound journey. Other examples also
how it looks and whether it is consum-
applied to determine the advantage
include a mail delivery or a grocery
er friendly.
that can be taken from the use of
delivery business. Thus, bringing in
technology. However, it always can be
TECHNOLOGY SHAPING THE INDUSTRIAL TRENDS:
measured in terms of customer values
Technology has been a valuable entity
bringing a massive sustainable
Another example in the tourism and
in making things simpler than before.
advantage that is required for any
travel sector is the Airbnb, which is an
This is especially true as technology
company’s progress.
American Company that operates an
has become a huge timesaver & also
online marketplace for lodging and
makes things more organized. For
tourism activities. The value addition is
many organizations, the use of
simply fantastic not only in terms of
technology has been pivotal in solving
the sales, but digital marketing and
many complex problems. Apart from
other marketing mediums. The
this, the storage of data for valuable
reliability via the effectiveness of
data analysis is always useful for
technology is highly evident in the
companies.
more comfort, safety, security and timeliness in the deliverables.
& their feedbacks. Also, it helps in
tourism and travel sector. Technology & its variable applications The application of technology in the
in the industry has increased brand
Real Estate sector has been a source
values apart from the consumer
of comfort for the buyers or those who
loyalty aspects. The role of technology
need a property to rent. It is easier for
has simplified and shortened the gaps
property researchers to have a
between the consumers and the
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Most Common Management Issues & How To Overcome Them In The Corporate World SYED ALAMDAR HUSSAIN Country Head - MB Enterprises
The most common management
arise and are experienced by manag-
issues that can arise in a company
issues in the corporate world arise
ers’ regards to their subordinates.
and are known significantly as
due to some common & major
management issues;
conflicts which can be conflicts of
Apart from these issues of manage-
opinion or potential conflicts arising
ment are the issues that relates to
while working in a team environment.
hiring strategies and incorrect hiring
1. CONFLICT MANAGEMENT WITHIN TEAMS: WORKPLACE:
Working in a team environment takes
decisions that can be a question mark
Managing conflicts within teams is
something extra that is vitally impor-
on part of poor performances.
part of the management roles and are
tant and can be categorized as one of
Managing conflicts or potential
a common management issue.
the bigger challenges of the corporate
conflicts within the team are part of
Conflicts in teams can arise due to
world. Most common challenges arise
management issues that are vital to
small arguments or issues that are
due to lack of communications or
be resolved in alliance with the
commonly termed as least important
issues of communications that can
management decision making &
or petty. However, regards to the
result in behavior management
effective problem solving.
success of the company they are legitimately paramount or hold
challenges. Performance related problems are a common issue that W W W. M B E F O RYOU. C O M
The following are some of the major
ingredients of success for the compaMBE BUSINESS MAGAZINE JULY 2021
09
ny. They are important enough if they can bother the compa-
The best strategy to overcome and resolve these issues is to
ny environment in the least possible way.
provide a way for their staff members to stay up-to-date and adapt to advancing knowledge. E-learning is termed as one
When such as situation arises that is known as conflicts in a
of the best ways to help bridge the skills gap and help your
team, it’s the role of the team to manage such conflicts with
teams to be constantly evolving. E-learning and development
the help of discussions. Having a full understanding of the
is a key part of the learning & development strategy that
issue is vital, and finally having a policy framework and a
should be maintained and evaluated constantly. When
strategy to resolve it is highly critical. Similar conflicts can be
employees are keen in refreshing and learning new skills they
resolved with fair and frank decisions and clear and concise
are ever ready to face all the challenges of the real corporate
communications.
world.
2. ISSUES RELATED TO PERFORMANCE MANAGEMENT:
4. EMPLOY RETENTION IN A COMPETITIVE ENVIRONMENT:
Performance related issues are a huge concern for manage-
Retaining employees in a competitive environment is one of
ment and managers as they can destroy the image of the
the bigger management challenges that are faced in corpora-
company in the corporate world. Performance monitoring is
tions these days. Employee retention is being termed as part
very vital for management on a regular basis, also includes
of the key management decisions and the strategies of
ingredients of success for the employees and their portfolio.
change. If the environment is competitive and has been for quite some time, therefore it's important for employees to be
With a clear communication of targets and outlining the
retained on the basis of their performances. Thus, it is termed
expected results the issues of performance management can
as one of the major management decisions.
be resolved effectively. In this way, or while applying this strategy of change, if any results are falling short they can be
How these issues are resolved in the light of management? A
tackled effectively. Much better way of resolving such issues
very important question that justifies the decision itself. For
is through comparing expectations to the actual performanc-
the decision to be justified, it’s the role of the management to
es.
overlook the employee’s performances over the years and make an absolutely focused and concrete decision. Employee
3. HIGHLIGHTING THE NEEDS TO BRIDGE THE SKILLS GAP:
retention being a key decision in the light of the company’s
Bridging the skills gap is one of the issues or a requirement
future should be highly focused on the quality assurance
that is highlighted by management for the progress of the
procedures linked with employee training & development.
company as a planned strategy. The constant need to ensure
Most companies highly focus on this area, i.e. retention of
the work force is up-to-date on the latest trends, knowledge
employees through research & developments, strategic
and skills as being a big challenge faced by managers today.
decision making, & a focused HR strategy.
This is just similar to the way an IOS system or a software needs to be upgraded for best performance management.
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JULY
EVENT 2021 CALENDAR 1 JUL
THURSDAY
Canada Day
1 JUL
THURSDAY
Memorial Day
On July 1, 1867, Canada became a self-governing dominion of Great Britain and a federation of four provinces: Nova Scotia; New Brunswick; Ontario; and Quebec. The anniversary of this date was called Dominion Day until 1982. Since 1983, July 1 has been officially known as Canada Day.
Memorial Day is observed together with Canada Day in the Canadian province of Newfoundland and Labrador on July 1 each year. Memorial Day commemorates the brave efforts of the province’s veterans, particularly those who participated in World War I.
9 JUL
FRIDAY
Nunavut Day
12 JUL
MONDAY
Orangemen's Day
Nunavut Day, which is annually celebrated on July 9, commemorates passing of two Nunavut acts. The Canadian Parliament passed the Nunavut Land Claims Agreement Act and the Nunavut Act on July 9, 1993. Nunavut officially split from the Northwest Territories and became a Canadian territory on April 1, 1999.
Orangemen's Day commemorates the Battle of the Boyne, which took place in 1690 outside Drogheda, now in the Republic of Ireland. It is a provincial holiday in Newfoundland and Labrador on the Monday closest to July 12.
18 JUL
SUNDAY
Tisha B'Av
20 JUL
TUESDAY
Eid ul Adha
Many Jewish Canadians observe Tisha B’Av, which is the ninth day of the month of Av in the Jewish calendar. It is a day to remember various events such as the destruction of the First Temple and Second Temple in Jerusalem. When Tisha B’Av falls on Shabbat (Saturday), it is moved to Sunday, 10th of Av.
Eid al-Adha is a significant annual Islamic observance for many Muslims in Canada. It is also known as the Feast of Sacrifice or Festival of Sacrifice as it commemorates Ibrahim’s (Abraham) willingness to sacrifice his son to God.
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CROSSWORD PUZZLE SOLUTION
MONTH JUNE
M A G I C
12
A A R G H
A F E W
R I V E
E A S E
L E O X
T R A L A
T E N O R S
K N I E N E K B A L S O T T I S
MBE BUSINESS MAGAZINE JULY 2021
M A J S A S A P D D U K E O O A L I E B R E E N O N E A S H I N G T O O O L Y N O U N T Y L I U P F R I O T O O T Y W C
R O M
I S C A E V A W N I N S A C H
S H A H H U E E D T A
S N A R E S
U Z U T E R I A N L L S U X O R
T E O N O L L S
T R I N I
E L C I D
R E E D S
W W W. M B E F O RYOU. C O M
Toronto Tech Boom Fuelling Local Economy Despite Covid STUART HIMMEL Staff Writer
DoorDash just the latest big name in tech world to expand its presence into the big city
talent that’s available in the Toronto
more staff, including engineers. Like
area. This will help us with our goal of
DoorDash’s move, it’s the first non
providing the best experience
U.S. engineering hub for Pinterest.
possible for merchants, our custom-
Lastly and most recently, M-Rides
Amidst the economic doom and
ers and our Dashers,” said DoorDash
Canada entered into the ride share
gloom that the COVID pandemic has
Canada general manager Brent
market last month with additional
wreaked on Toronto, there’s been one
Seals.
plans to compete in the restaurant/food delivery service in the near
consistent source of good news. The Greater Toronto Area’s technolo-
DoorDash is just the latest big name
gy sector keeps on growing. The
in the tech world to expand its
latest example? Delivery app
presence in Toronto. Already during
While companies move here for a
DoorDash announced last month,
the pandemic, Uber has announced it
variety of reasons, it’s the workforce
that it would be starting a 50 person
was doubling the size of its “Tech
that usually seals the deal. “These
engineering team by the end of the
Hub” in Toronto. Google unveiled
companies are betting on Toronto.
year. It is the first non U.S. engineer-
plans for three new sites in Canada,
We’ve got talented people and we’ve
ing office for the company.
including a 400,000 square foot office
got a lot of them,” said Stephen Lund,
on King Street East. Pinterest
CEO of Toronto Global whose
announced it would be adding 50
organization is devoted to marketing
“We’re excited about the world class
W W W. M B E F O RYOU. C O M
future.
MBE BUSINESS MAGAZINE JULY 2021
13
the Greater Toronto Area to companies around the world. It is
culture of collaboration across the tech ecosystem is unlike
funded by municipal and regional governments in the area.
anywhere else.”
Rahim Daya, Pinterest’s head of international product and
Toronto Global’s Stephen Lund, who helped lure DoorDash
the tech lead of its Toronto engineering team stated: “Many of
north of border pointed out that “seeing high profile firms
those tech workers learned their skills locally. When we look
coming here is a good marketing tool for attracting both
at where many of Pinterest’s engineers were trained, a large
companies and workers. Even before the pandemic,
number studied at Canadian universities, which have
Toronto’s tech sector was already booming as statistics show
specialized in machine learning training. The quality of
67,000 tech industry workers arrived in the area between
engineering talent in Toronto is some of the best in the world
2015 and 2019.”
and is an ideal match to Pinterest’s unique engineering
Robert Kravcic, senior economist at BMO Capital Markets
needs.”
said “tech industry workers helped boost the technology industry to more than 10% of the GTA’s workforce and an
Laura Miller, Uber company spokesperson said “Uber was
increasingly crucial economic sector. This has been happen-
drawn to this city by the skilled workforce. Toronto sets a high
ing for 10 or 15 years. It’s becoming bigger and more vital all
bar for developing diverse world class talent. Establishing our
the time, adding that the tech sector helped keep the region’s
global tech hub in this city gives us the chance to play an
economy afloat during the havoc wreaked by the pandemic.
active role in the community and create more opportunities
The tech industry really helped keep the economy going
for skill development and diversity in Canada’s tech ecosys-
during COVOD. It was one of the few areas where employ-
tem.”
ment didn’t really dip all that much. They really cushioned the blow.”
The head of Google’s Canadian operations, Sabrina Geremia, said “the city’s existing network of technology companies is a big reason the company has been expanding its presence here. Toronto has a world class tech ecosystem and is one of the most diverse cities in the world and the
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Entrepreneurial Growth Strategies & Plans To Help Your Business Growth DMM DEPARTMENT MB Enterprises
The entrepreneurial growth strategies
Business expansion strategies not
Entrepreneurs usually prefer a
for the sake of business growth varies
only needs a plan and a capital, but
market research plan to have an idea
according to business types & other
also needs to formulate a strategy of
of the payback period of the invest-
conditions. As an entrepreneur one
change management for improved
ment, how much they need to invest
should be aware of the business
results.
and the projected budget or the
growth strategies and how business-
forecasted budget in play. It also
es should expand with their respec-
A MARKET RESREARCH PLAN:
significantly helps to know the ROI or
tive business needs.
A comprehensive market research
Return on Investment that is always a
plan and a strategy is much better
feasibility to find out.
Planning to expand your business in
than a marketing plan. It substantially
different diverse directions needs
helps in highlighting the needs of the
implementation of strategies that are
markets before launching a new
THE DIVERSIFICATION OF PRODUCTS:
necessary. Entrepreneurial growth
product or service. These are in form
As part of the entrepreneurial goals
needs to devise contingency planning
of surveys, reports and question-
and strategies the diversification of
& execute the risk management
naires that reveal results in form of
products is something found to be
strategy framework for sustainable
the demographics involved. A market
mandatory. It helps a great deal in
success. Its sustainability that’s the
research plan is always comprehen-
reducing the amount of risks involved
key, as the business must have a
sive in determining how the new
for certain products or incase a
market feasibility for a longer period
business will perform in the prospec-
product fails to achieve its par
of time. Every business has a specific
tive markets. It is detrimental in
performance or expected perfor-
business lifecycle, and it’s the
showing how a business will perform
mance.
demand of the current age that the
before making an investment analysis
lifecycle is updated and maintained
of the situation.
according to business needs.
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MBE BUSINESS MAGAZINE JULY 2021
As an entrepreneurial strategy one should consider kits and packages W W W. M B E F O RYOU. C O M
that could simplify how your customers order from the combination of many common products. It will reduce your shipping costs and can as well raise your average order value.
CUSTOMER’S FEEDBACK REGARDS TO THEIR NEEDS: While growing your business and part of the strategies of business growth, it’s vital to know customer’s feedback regards to their needs. Also while measuring a particular product’s performance it’s highly critical to know the feedback of customers. This can be in form of performance reports, surveys, and questionnaires as well as online surveys regarding a product. It shall turn out to be a huge plus for the investors and entrepreneurs to know how much risk they can take. Customers are the ultimate audience who are the opinion generators regards to a product or service, and their opinions matter in every possible ways. They are the ones who can make or break a product after it is launched and can be the sustainable stakeholders. This is especially true when it comes to expanding your product, service tiers, or even elements like customer service. Use the e-mail and other IT Tools to simply and rapidly ask your customers directly what they need. Alternatively, what they would like from you in the longer run regards to product portfolio. You as an entrepreneur just have to study their experience very closely.
A HIGHER FOCUS ON CUSTOMER RETENTION STRATEGIES: For entrepreneurial growth it is also important to have a higher focus on customer retention strategies. This is quiet meaningful as customer retention ends up being a detrimental part of the future growth strategies. Entrepreneurial success is highly focused on customer retention and how customers find the business growth irrespective of being old or new customers. A comprehensive CRM system is a vital part of the retention strategies for customers. Just consider a simple thank-you e-mail which will always bring back the customers back to you. Thanks to most CRM and e-mail systems that will definitely keep telling you how long someone has been a customer. Helps setting priorities in terms of customer importance and their preferences. Being a key part of the business strategies of growth for entrepreneurs the long term customers are more likely to leave a positive review, especially when you request them. These can also turn into a vast referral network especially with a huge boost for future.
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ADAPTING TO THE CANADIAN WORKPLACE CULTURE- A DIFFERENCE OF CULTURES DMM DEPARTMENT MB Enterprises
Adapting to different work cultures is
Comparatively, Canadians are a bit
Similarly, it’s important to gel and
a growing necessity for a particular
more relaxed as far as their
adapt to the Canadian work culture
person or group of people, especially
workplace culture and ethics are
like the Canadians.
immigrants working in that place.
found. They know well how to solve
However, it is understood that it can
the jigsaw puzzle at work, and they
All these challenges arise as most
be highly difficult to adapt fully in a
are very keen to take care of their
people are not fully aware of the
short period of time. Similarly in
time patterns.
workplace challenges as compared
Canada it’s a challenge to adapt to
to their home countries. These are
the work cultures, as Canada is a
The immigrants coming to Canada
challenges in terms of communica-
country which holds its unique work
every year from all around the world
tion, distribution of responsibilities,
culture that is even different from
brings valuable knowledge as well as
feedback, networking & others. Also
United States. Although, there are no
skills to the Canadian economy. In
includes feeling comfortable at work,
language differences or any other
spite of all the skills and knowledge
and being more relaxed in a team
significant differences apart from the
they have to face the challenges of
environment.
cultural difference. The nature of the
working and gelling with Canadians
Canadian people varies w.r.t. the
at the workplace. As they say, ‘Do in
Here are some of the characteristics
immigrants coming to their countries.
Rome What the Romans Do’.
of the Canadian work culture;
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1. THE CANADIAN WORKPLACE CULTURE- ‘AN EGALITARIAN CULTURE’
reason. The soft skills includes integrity, the ability of working
The Canadian workplace culture is highly identified to be far
being more flexible, positive attitude, time management,
more ‘Egalitarian’ than as compared to the cultures in many
good presentation skills, sound leadership skills, and quality
other countries. People coming to Canada usually have
to motivate the co-workers. All these skills combine to be soft
difference in adapting to Canadian cultures as they usually
skills and are more important in Canadian workplace culture.
in teams, being open minded, having higher tolerance levels,
are coming from hierarchical work cultures. As according to researchers in the hierarchical cultures, the managers are
Hence, people especially immigrants coming to Canada lack
more in charge of finding the solutions, taking most key
these skills as they are mainly from hierarchical backgrounds
decisions, giving the orders, and furthermore, guiding their
& cultures from their home countries.
employees to their daily activities. However, in an Egalitarian culture, although the managers
3. THE ROLE OF VISIBILITY IN THE CANADIAN ENVIRONMENT- ‘NETWORKING IS KING’:
still have the control, but the employees are expected to
The role of visibility is highly significant in the Canadian work
show the initiatives. Apart from that, identification of
environment. It means being active at the workplace, and
problems, suggesting solutions to managers, and discussing
networking which is both good for having a job and career
what actions needs to be taken. This is a reason why
advancements. The best way in finding employment is
immigrants coming from Canada have the problem of
through networking in the Canadian job market that is hidden
adapting to Canadian work culture, i.e. Egalitarian. Mainly, as
for most immigrants. According to the work-placement
most of the people coming from ‘Hierarchical Cultures’
experts from Canada, a huge 85% of the jobs are filled
doesn’t have the ability to think except taking orders from
without even being advertised by the employers. This is
their managers. Obviously, managers usually from Egalitari-
mostly through networking, internal hiring and references.
an work culture don’t make a good opinion of such people. They assume that such people are usually more needy and
To stay active at the workplace through networking its
lacking the ability to take initiatives.
preferable indeed to join groups, attend the conferences, trade shows and volunteer in the community. These are
2. HAVING THE IMPORTANCE OF SOFT SKILLS:
highlighted as key preferences in the Canadian workplace
In the Canadian work culture the importance of ‘Soft Skills’
culture. This shows that being visible in the Canadian culture
for the employees is considered important, e.g. communica-
always is a good prospect for career advancement aspects
tion skills. Ironically, soft skills are more important and
and improves networking skills at the same time.
mandatory than ‘Hard skills ‘or ‘Technical skills’ for a good W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
19
CANADA DAY & HOW IT IS CELEBRATED IN CANADA & WORLDWIDE
DIGITAL MEDIA MARKETING MB Enterprises
Canada but also all across the world.
for Canadian citizens similar to what
CANADA DAY DECLARED AN OFFICIAL HOLIDAY- WHEN & HOW?
4th July holds for their neighbors, i.e.
Canada declared the day, i.e. 1st July
cance of Canada in the whole world,
United States of America. Known in
as an official holiday on 27th October
especially since 1982 when migrations
United States as Independence day
1982, and was known as Canada Day,
to the great land started to take place
i.e. the day when United States was
instead of being called Canada’s
at a faster pace.
declared a sovereign nation, i.e. 4th
Independence Day. This portrays the
July 1776, and the declaration of
unique and distinguished identity of
Independence was made officially to
Canada that is different from their
IS 1st JULY KNOWN AS CANADA’S OFFICIAL BIRTHDAY?
the public by Colonel John Nixon on
neighbors United States of America
The first of July is declared officially as
8th July 1776.
as they call their day as Independence
Canada Day, however, to say that the
Day. Prior to 27th October 1982, the
next 1st July is Canada’s birthday
Similarly, 1st July is declared all over
day was celebrated as Dominion Day
might not be exactly true. However,
Canada as national holiday as the
and Dominion Day was declared first
officially July 1 marks the anniversary
Canadians from one corner to the
a public holiday back in 1879.
of confederation, i.e. the day The
Canada Day holds equal significance
This is also due to the rising signifi-
British North America (BNA) Act came
other as well as globally, celebrate the big day while they give respect to the
Since being declared as Canada Day
into effect in 1867, and the Dominion
maple leaf and the Canadian flag.
in October 1982, the day holds vital
of Canada was created. In this ACT
importance for Canadians not only in
only some parts of the country were
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MBE BUSINESS MAGAZINE JULY 2021
W W W. M B E F O RYOU. C O M
included, while the Indigenous
recent and higher importance of Saint
of an accident in 1997 in Paris, was
Canadians had no say in the decision.
Jean-Baptiste Day, i.e. on June 24th.
incidentally born on the same day, and
The ACT known as BNA Act meant
Some Canadians, especially the
celebrated her birthday along with The
that parts of the country known as
Indigenous people of Canada, i.e. Inuit
‘Canada Day’.
Canada were no longer a British
raise questions on Canada’s equality
However, very recently The Duke and
colony or a part of Britain. Full
and prosperity enjoyed by many
Duchess of Cambridge attended the
Canadian independence came on
Canadians. Thus, these are the
Parliament Hill celebrations in 2011,
17th April 1982, the day that Canada’s
Canadians for whom Canada Day is
soon after they got married. All the
Constitution was repatriated. Technical-
just yet another public holiday.
Royals mentioned also gave speeches
ly speaking 17th April 1982 can be
apart from marking their Royal
considered as Canada’s Independ-
The prime celebrations of Canada
ence Day, however, there is no such
Day takes place in Ottawa, which is
date declared as Independence Day,
the Capital city and is celebrated on
apart from 1st July which is celebrated
the vast lawns of Parliament Hill. The
universally and globally as Canada
place is capable enough to hold
CANADA DAY CELEBRATIONS IN CURRENT TIMES OF PANDEMIC COVID-19:
Day.
475,000 people. The show starts in
Canada Day will be celebrated on 1st
the morning and with a break in
July 2021 as an official holiday in
HOW THE CANADA DAY IS CELEBRATED COMMONLY?
afternoon, the people come back in
Canada. This is in the middle of
evening, while the show continues till
COVID-19, the Pandemic that has
In Canada, the day is celebrated with
evening. It holds tributes, awards and
been a cause of a series of lockdowns
huge passion and compassion for
recognitions for honorable people in
and global devastations and is
Canada. This is truly obvious and
Canada and highlights their impor-
currently in the third phase. The
significant in most parts of Canada as
tance and contributions for the great
upcoming Canada Day holds huge
Canadians wish & pray for their
country.
importance for Canadians, mainly due
country with patriotism for their nation
attendances.
to the character that they have
summer has already started so it is
THE ROYAL TREATMENT OF THE ‘CANADA DAY’:
virtually the start of summer holidays
In the past, Her Majesty Queen
for those studying in schools or
Elizabeth II, The Queen of United
Thus, Canada is the second largest
teaching. Most of the people celebrate
Kingdom & Canada, and mother of
country in the world, and is in the list
at home, while many Canadians
Prince Charles, along with Lady Diana
of happiest countries. The nation has
celebrate their country’s most promi-
and Prince Charles himself have
emerged as one of the best countries
nent holiday on vacations. In the
celebrated the Royal Canadian Day
to live, study and work. Also holds
French speaking province Quebec,
on 1st July in Canada. Lady Diana,
rights for all irrespective of color, caste
the emphasis is lesser due to the
the Queen’s daughter in law, who died
or creed.
and her national pride. In school the
W W W. M B E F O RYOU. C O M
demonstrated to fight the pandemic with consistency and resilience.
MBE BUSINESS MAGAZINE JULY 2021
21
Nunavut Day & Its Celebrations 9th July 2021
DMM DEPARTMENT MB Enterprises
Celebrated every year on the 9th of July is the Nunavut Day,
The territory is normally covered in snow as the region is
a territory that holds mega importance for Canadians in
regarded by most people as unsuitable to live due to extreme-
current times. In Canadian history this is the day that the
ly low temperatures. Originally, the Act was passed on 1st
Parliament of Canada passed the Nunavut Act, along with the
April 1999, but the day is celebrated later on July 9th, i.e. the
Nunavut Land Claims Agreement. Hence, the agreement
day of the passage of the Nunavut Land Claims Agreement.
declared Nunavut as a distinct region that is legally separate
This is historically more significant and holds vital importance
from the Northwest Territories. Happens to be one of the
for the inhabitants of Nunavut known popularly as Inuit.
coldest regions in Canada, as for Nunavut temperatures can go as low as -35 Degree Celsius. These temperatures are
‘NUNAVUT DAY’ & KEY DATES TIMELINES:
pretty normal and can even reach -40 degree Celsius during
The timelines for Nunavut Day dates back to 1870’s when the
the winter season.
Northwest Territories established. The Northwest Territories
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W W W. M B E F O RYOU. C O M
covered huge amounts of the western provinces of Canada including the region known today as ‘Nunavut’.
HOW THE CELEBRATIONS FOR ‘NUNAVUT DAY’ TAKES PLACE? Many people celebrate this day while taking a trip to Nunavut
Another key Timeline in the list is related to the Land Claim
which is a beautiful territory of Canada. It is considered as a
Negotiations and happened in 1976. The Inuit Tapiriit Kanata-
great place to visit for the adventure seekers of Canada and
mi entered in to the Land Claim negotiations along with The
the lovers of cold climates. Getting to Nunavut can be a bit
Govt. of Canada. This set down the framework for Nunavut
tricky as people have to do the relevant research regards to
seceding from the Northwest Territory.
encountering climatic hazards and availability of flights due to bad weather.
The most significant date in the Timeline for Nunavut is when
A day when the inhabitants of the territory, i.e. the Inuit plan
the Nunavut Land Claims Agreement was established. This
their feast and traditional foods apart from get-to-gathers.
happened on July 9, 1993 and the agreement gave the Inuit
One of the traditionally famous food that is widely eaten all
some portions of the Northwest Territory that was considered
throughout Nunavut is the ‘Muskox Burgers’.
separate from the rest. Finally the Nunavut Act was passed on 1st April 1999, the day which is celebrated worldwide as
In addition to all the relevant fun and traditional activities, the
April fool’s day. However, for the inhabitants of Nunavut, it’s a
people who visit Nunavut and those who are normal visitors
huge day as it holds significance that holds relevance with
learn about the Arctic survival skills. For that they have
regards to Govt. of Canada. Lastly, the date in the list of
resources in form of videos and books to watch & read
timeline is in 2001 when the date of celebration of Nunavut
regards to learning the survival skills. A comprehensive guide,
Day was switched. This switch was a key one that happened
what you need to do, if you find yourself in undesirable and
from 1st April 1999 to July 9. The new date holds larger
freezing locations in Nunavut?
significance w.r.t. the establishment of Nunavut Land Claims Agreement. W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
23
THE IMPORTANCE OF CYBER SECURITY IN THE DIGITAL AGE DMM DEPARTMENT MB Enterprises
The digital age has seen many ups &
Cyber security is a different kind of
relatively new field in the cyber world
downs in the recent years and while
security, a sensitive segment that
more over due to the large amount of
we move forward digitally there are
relates to security in the cyber and
data handling that is done in modern
many new challenges in the cyber
digital world accompanied with
times. Hence, in the present scenario
world. Hence, not surprisingly the
comprehensive challenges. The
there is sensitive data that is continu-
digital age has brought a totally
security breaches in the cyber world
ously at risk and therefore, there are
complete change in the way we view
can have some fatal consequences
different kind of technologies and
and experience the world. It is how
keeping in view the amount of data
processes that are continuously
we look at things has changed
kept by organizations and nations
designed to protect it.
dramatically to cultivate a new age
digitally. The vital emphasis that is
An example of cyber-attack is the
phenomenon. The digital age has
being put on cyber security is also
famous and malicious attack on
most certainly brought its share of
due to the sheer scale of the World
yahoo that occurred in the year 2014.
problems with it. Hence, as the
Wide Web.
Therefore, as a result the accounts of approximately 550 million users were
connectivity increases so does the risk of security that has risen
What is Cyber Security?
breached and huge personal
exponentially.
Cyber security has emerged as a
information was extracted from those
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MBE BUSINESS MAGAZINE JULY 2021
W W W. M B E F O RYOU. C O M
accounts. Hence, a huge question mark that has disturbed
MNC’s and other large companies. This largely depends on
the reputation of the enterprise and its credibility in the
the size of the companies and the amount of data that is
consumer’s eyes. The attack and similar attacks puts the
largely dependent on cyber security. It’s not only the Govt.
customers at risk and exposing their most valuable informa-
sector that holds risks, it’s the corporate sector as well that is
tion for those who can misuse the data. For the prevention of
usually at risk. This is the main reason why organizations
such malicious attacks many organizations usually employ
have to take appropriate steps for the sake of good security
cyber security experts. These experts are employed by
checks in place.
organizations who deal in constant online data sharing & large amounts of databases.
As the future is unpredictable and unsafe, therefore, it’s always a wise thing to have a line of action to protect
The Vital Importance Attached to Cyber Security in the Digital World:
sensitive and key information. This is information vital for the company before any substantial damage occurs.
‘Cyber security’ in the digital world is a prime concern and holds huge importance levels attached to the priorities linked
Can Cyber Security Be Pursued As A Career Choice?
with cyber security. This is the age of information technology
Regards to the modern challenges attached to cyber
and knowledge technology also linked with smart knowledge
security, it is largely considered as a career choice in most
sharing. As a matter of fact information technology has
countries. This is especially true for countries in the West,
bridged the gaps between nations with a huge impact.
who have designated cyber security experts in their most
Whether it is the organizations or individuals, everyone is
prominent companies. As part of the legislative measures,
storing their data on cloud. This ironically means that the
the ‘cyber security’ is celebrated in form of ‘cyber security
digital footprint is growing on a vast scale. With the evolving
weeks’ or ‘cyber security months’ in many companies. This is
of digital platforms at a rapid pace there are also methods
inform of seminars, and knowledge sharing on cyber security
present to protect the information security. Hence, in the
and different mediums attached with cyber security. A field
modern digital environment there are multiple factors that are
that is growing very rapidly not only as a career choice but
associated with cyber security.
for many as a highly productive area of research.
These includes data security, mobile security, network
More importantly, it holds significant values for those who
security, application security, endpoint security, identity
think cyber security can be pursued as a career. This is not
management, & disaster recovery. All these are variable
only in terms of monetary values and financial values for
forms of cyber security, while disaster recovery is one of the
cyber security experts, but also holds key values of change
most important methods for restoration from cyber-attacks.
as a recognized field. This is largely due to the change that is necessary in the field of cyber security in the digital age.
Why Cyber Security Is So Critical For Companies Worldwide?
Hence, a relationship that is vitally true with demand-supply relationship, while the demand is increasing every day.
Cyber security holds vital elements for companies especially
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
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KEY MOTIVATIONAL FACTORS IN THE WORKPLACE THAT IMPROVES EMPLOYEE EXPERIENCES
DMM DEPARTMENT MB Enterprises
Motivation in the modern workplace is a huge necessity
aspects are synchronized with the mission & goal of the firm
especially for improved employee experiences. It counts in
along with the profitability values.
many ways, however, the impact it has on the motivational factors for employees is indeed good for their sustainability.
The identification of the right talent for the right task is indeed
Not only it is an asset for improving work quality for the
an art that comes with excellence & being practical &
employers but also engineered success in the hierarchies.
proactive. Therefore, the motivational factors are the key
Engineering success in the hierarchies is a necessity for the
determinants of how to achieve a task while raising your
attainment of higher level goals especially true at the corpo-
internal energies of motivation. Why it is a pre-requisite to
rate level. For a positive employee experience it is a necessity
increase your internal energies & strength? Simply to be
to create an environment of trust, relationship, and motivation.
realistic in terms of your own goals along with company goals
The motive is the success of the company along with
in parallel. At the same time raising your internal energies
individual success and growth of the company. All these
through motivational factors helps in breaking the barrier that
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
27
is stopping you to achieve success. The following are some of
experience designated around recognition and rewards is the
the motivational factors that are a necessity for employee
essence of employee satisfaction. Thus, it also creates
motivation & experiences.
employee ownership and gives them a sense of passion for
1. BOOSTING TEAM SPIRIT:
their organization. While your work is being recognized with consistency, it’s important that you stay consistent in your
Improving the employee experiences at work as a priority
approach. Praising an employee and rewarding them appropri-
needs boosting team spirit as a key motivational factor.
ately means that you are motivating the rest of them to do the
Working together in a team environment needs some taking
same. This is the way as an employer you are encouraging
and the team spirit indeed plays a vital element in creating
your employees to take up the challenges for future success.
motivational values for employees. If you have individuals in your company that feel happy in their role. It is more likely to have a harmonious team that work together towards common
3. OFFERING CHALLENGING WORK & INCREASING COMMUNICATION:
goals. This is truly an essence of having a positive employee experience. Working in teams is especially a huge boost for
Increasing employee communication and offering them
team spirit for those who are new and inexperienced. These
challenging work are the two most profound ways of employ-
are employees in the learning phase and want to cherish the
ee motivations. These two dimensions enables the employ-
experience of team work. According to a research report from
ee’s problem solving skills, and triggers their creative insights
Harvard Business Review, close work friendships boost
for the company. It also enables them to think in the right
employee satisfaction and motivation at work by approximate-
direction as well as think forward for the growth of the
ly 62%. This is more likely that people who are best friends at
company. Apart from being motivational factors, both are
work will be interacting more likely after work due to similar
considered as the solution for employees to start thinking ‘Out
work interests.
of the box’. Hardly anyone knows what’s inside their head, until they know how to open it up.
Having an opinion for your work role from each and every team member will definitely open the loop holes of working in
How challenging work triggers the sense of affection from
a team as well as the strengths. This can be the best way to
work and sense of satisfaction is a common question. It
achieve perfection while working in a team environment.
indeed triggers the urge and the quest for employees to
2. RECOGNITION OF ACHIEVEMENTS:
explore new things and discover new heights.
Recognizing the achievements in form of rewards or any
However, increasing the communication not only helps you
other form of recognition e.g. a Prize is one of the best &
communicate all across the board, but also through many
most common ways of employee satisfaction at work. This
different stakeholders. You will feel more accomplished and
surely creates a pattern of trust between the employees and
motivated as an employee while you know the best ways to
the employer as the work relationship, i.e. bond gets stronger.
communicate within an organizational setup. Both factors
The bond not only helps in future sustenance but it surely
increase your ultimate bonding with the company in the
acts as a shield of success for the company. The employee
longer run.
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The Human Law, War and Separation of State, Religion and Business Part Two
DAVID RALPH MACKERETH dmackereth@canimac.com
The peculiarities of the US Senate representation, has an
In ’21 Lessons for the 21st Century we learn’, “All social
impact on the Law. With the current situation - two senators
mammals from chimpanzees to rats have ethical codes that
per state – resulting in 2.8 % of the U.S. population (represent-
limit behavior like theft and murder.” (2) While John Ralston
ing ten low population states) controlling 20 % (20 of the 100
Saul describes human evolutionary ethical development; “[…]
Senators) of US Senate voting. This leads to inflated
the law and its officers are capable only of prosecuting the
importance for States such as New Hampshire, Maine,
crimes which hardly matter. The major crimes escape them
Montana, Rhode Island, Delaware, South and North Dakota,
entirely.” (5)
Alaska, Vermont and Wyoming. California has four and half times the total population of these ten states, but must work
“Our rights orientation has led to a kind of minimalism – as
with their two senate votes versus these collective twenty.
long as it’s legal, it’s ethical.” Michael Josephson, American
Possibly, it may be time for the United States to update to a
former law professor and attorney (1988)
more representative format. Sam Harris in his 2011 ‘Lying’ brings to our attention a Not to be outdone, Canada has a less transparent Senate
meaningful concern within the Digital Age, “[…] a person
screening apparatus: the party in power (Liberal or Conserva-
usually has to be a hero to be a whistle-blower, given that he
tive) appoints people to the Canadian Senate that have
will most likely lose his job for telling the truth.” We all
generally been most loyal to the particular party, (could be an
continue to deal with seriously outdated laws and Edward
athlete, a teacher, a business person, a journalist etc.).
Snowden in 2019 provides firsthand commentary on the law,
Canadian senators are not elected!
“which always lags behind technological innovation by at least a generation.” (Permanent Record) In 1988 Watson & Barber
Corporations, receiving many favourable laws and legal
adequately stated: “[…] without a new ‘electronic Bill of
rulings, and combined with the extraordinary growth of their
Rights’ we risk losing the gains in liberty won over the past
wealth through abstract financial instruments, are having their
centuries.” (6), over thirty years ago!
way in many jurisdictions. In 2015, Elizabeth Warren (US Senator, Massachusetts) chronicles this within the United
“To copy and circulate another man’s book might be regarded
States, “The failure to adequately punish big corporations or
as a meritorious action in the age of manuscript; in the age of
their executives when they break the law undermines the
print, such action results in law suits and damages.” H.J.
foundations of this great nation.” After our witnessing the
Chaytor, From Script to Print (1950)
almost comical Government bailout of American financial corporations after the 2008 Financial Meltdown: Ayn Rand
“The Napoleonic Code was one of the few substantial
already understood this in her 1962 ‘The Objectivist Newslet-
legacies of the French Revolution – and, outliving the
ter; “Free competition enforced by law is a grotesque contra-
emperor, became the basis for law in much of the modern
diction in terms.”
world.” (6)
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“I had rather record a thousand errors on the side of mercy
have only been twenty-nine years in all of human history
than be obliged to tell one act of severe justice.” Thomas
during which a war was not underway somewhere.” Chris
Paine, Letter to James Monroe (1794)
Hedges, War Is a Force That Gives Us Meaning (2002) And with most of those wars, “[…] there were no just wars. There
“No country can be well governed unless its citizens as a
were only cases of one war not being quite as bad as
body keep religiously before their minds that they are the
another.” Mencius (372 – 289 BCE)
guardians of the law […]” Mark Twain, The Gilded Age: A Tale of Today (1873)
“Peace is not an absence of war; it is a virtue, a state of mind, a disposition for benevolence, confidence, justice.” Baruch
The Digital Age has rendered society ‘Binary’: 0 or 1, Yes or
Spinoza, Theologico-Political Treatise (1670)
No, On or Off, True or False, Us or Them, etc. The law and the legal profession have Binary symptoms. If one can afford
“If you take pride in being a member of the Church, what
the best or a better lawyer, one can travel down the Yes/On
have you to do with war? […] what is more horrible than the
path, leaving the other party to follow the No/Off path, unless,
fact that the cross is honoured in both camps […]” Desiderius
also has access to adequate funding. Both participants are
Erasmus, The Complaint of Peace (1517)
citizens, supposedly covered by the exact same laws; however, the accomplice ‘Abstract Money’ can be the actual
“I have seen enough of the miseries of war, to wish it might
gateway to justice. The question is: Why have we allowed
never more have existed in the world, and that some other
‘Money’ to become a significant component of receiving
mode might be found out to settle the differences that should
justice? The Large Corporation or even the Government can
occasionally arise in the neighbourhood of nations.” Thomas
afford the very best lawyers and retain them over lengthy time
Paine (1)
periods, resulting in an unfair legal system, as a direct result of the ‘Cost” (Money or No Money). This occurrence should
(1) Rights of Man, by Thomas Paine (1791)
be probed, as we work towards saving Western Democracy – just as we have One Person / One Vote, we should have ‘One
(2) 21 Lessons doe the 21st Century, by Yuval Noah Harari
Law For Everyone’!
2018
THE HUMAN WAR
(5) Voltaire’s Bastards: The Dictatorship of Reason in the
Albert Einstein (1879 – 1955) has the brain power to provide
West, by John Ralston Saul (1992)
the rest of us with informative observations on War: with his intimate knowledge of the Nazis, Nuclear War, and Pacifism.
(6)The Struggle For Democracy, by Patrick Watson &
“That a man can take pleasure in marching in formation to the
Benjamin Barber (1988)
strains of a band is enough to make me despise him. He has only been given his big brain by mistake; a backbone was all he needed.”: “Force always attracts men of low morality”: “The more a country makes military weapons, the more insecure it becomes.”: “[…] a country cannot simultaneously prepare and prevent war.”: “The idea of achieving security through national armament is, at the present state [1950] of military technique, a disastrous illusion.” ‘Revenge’ is considered one of the ‘Eight Main Reasons of War’: owlcitation.com, and both eminent scholars Desiderius Erasmus and Arthur Schopenhauer attempted to guide human thinking on Revenge: “There is no greater proof of a small mind than to seek revenge.” – Erasmus (1517), and “The thirst for revenge is closely related to wickedness.” – Schopenhauer (1819) As I mentioned in the first paragraph, War has always been a part of the human historical record, and we find; “[…] there
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MBE BUSINESS MAGAZINE JULY 2021
W W W. M B E F O RYOU. C O M
Understanding of Life Insurance and Related Products SYED HASSAN
Royal Le-Page, Royal Brokers
Generally we do not have the understanding of Life
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Insurance and its related products.
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Universal Life Insurance: This product has a component of
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Insurance.
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ies. Life Insurance Payment is Debt Protected, meaning that this money cannot be claimed by any person or institution. Any money owed by the Insured, has to be settled before it gets to the beneficiaries. Not the Life Insurance amount. Generally, Insurance money is given to Beneficiaries in 10 days. There are a few Products under this banner. Like Whole Life, Universal and Term Insurance. of renewal and conversion. This means that this insurance Whole Life Insurance: This product has both components,
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living benefits and after death benefits. One can have access
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MBE BUSINESS MAGAZINE JULY 2021
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any type of accident or Illness. This product is Income
Author: Syed Hassan, Broker,
replacement Insurance. This product can be obtained for a 2
Royal Lepage Exceptional
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MARKETING STRATEGIES THAT ARE KEY TO FUEL YOUR BUSINESS GROWTH DMM DEPARTMENT MB Enterprises
Marketing strategies are one of the
discover for your company a profita-
marketing strategies. In the middle of
mandatory requirements to fuel the
ble niche.
the process, you are also working
business growth of a company. These
tirelessly to build a relationship with
strategies are in particularly signifi-
Secondly, you need to define a target
the consumer, through sincere value
cant since the launch of the World
demographics and have something of
addition. This sort of marketing
Wide Web, known popularly as the
value to sell them. Without the
strategy is based on the fundamen-
internet. Hence, these are known as
involvement of right marketing
tals of ‘Relationship Marketing’, and
digital marketing strategies as they
strategies that are needed to fuel
always provides sustainable results to
influence the digital media aspects in
your business growth, staying afloat
the marketer or the company itself.
a company.
is impossible. There are certain
Some of the most distinguished
factors that determine the marketing
marketing strategies adopted these
How they help in fueling your
strategies that needs to be applied for
days are as follows;
business growth? Is an interesting
a certain business growth, and how
question, as the answer differs with
they will be changed for sustainable
the company and the nature of the
business strategies.
1. THE USE OF ‘SOCIAL MEDIA’ AS MARKETING STRATEGIES: The usage of social media has
requirement? You simply need more than one strategy, as well as you
The idea and focus for better
increased in last 10-15 years since
need a strategy for every opportunity.
marketing strategies is in order to get
the launch of Facebook, Myspace,
According to most business pundits,
more visibility & consumer’s attention.
and Twitter & You Tube. All these are
growing a business isn’t easy as first
That’s the main reason why business-
examples of digital media, also
you need a concrete & successful
es need to spend more money and
known as social media, and play a
idea. Next from there you need to
involve themselves with distinguished
heavy role in the marketing strategies
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35
for a company. This is merely because the social media is
can be used effectively and efficiently for better and more
very common these days, and one of the fastest growing
focused consumer and marketing strategies.
media source, apart from being the most used ones in media & why is it a business edge towards the marketing
3. UNDERSTANDING & USING SEARCH ENGINE OPTIMIZATION:
strategies of many companies. More importantly, as part of
Part of the marketing strategies is the use of search engine
the growing business strategies it also determines the
optimization which needs better understanding & effective
consumer’s attitude towards the diversification in digital
usage in the world of digital media. It helps in bringing the
media strategies. In the initial stages marketing in social
page higher in top results when you search a key word that
media can be intimidating, however, as the marketing flow
relates to the information or any link with the webpage.
modern times. Determines the true importance of digital
gets smooth the marketing on digital media gets smoother for bigger, better & sustainable results. How you can use
For some people SEO can be frightening, but for many
social media for postings that can have an impact on the
people it can be a highly powerful tool. This is especially true
audience counts in every possible way.
when you know how to use the fuel effectively for better performance & search results that are more related to reality,
2. CREATING VIDEO TUTORIALS:
and concrete in many ways. Once you learn to leverage it,
Creating video tutorials is yet another way of profound and
the sky can be the limit for your company’s search engine
most effective marketing strategies. These can relate to
marketing.
information regards to a product, getting through an electronic item or product while knowing how it works, and coming up with promotional strategies that can have a positive impact
4. USAGE OF E-MAIL MARKETING SEQUENCES:
on the product performance. These are also knows as walk-through videos and are a very significant part of the
Another key marketing strategies that helps in fueling your
dynamic marketing strategies.
business growth is the effective usage of E-mail marketing sequences. These are the automated messages that go out
In this digital age, YouTube is the second largest search
to the users or the consumers once they subscribe to your
engine in the world standing tall behind Google. It is used
list. Hence, the user can effectively use the e-mail sequence
commonly whenever someone needs to learn something
to build a relationship with the subscriber. You just have to be
visually, they head there. Especially true, if you need product
authentic, as well as transparent and just have to convey
information, Product performance in any market, and how a
your journey in a much better & enhanced way.
certain product is useful for your usage. Ironically, YouTube
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GOOGLE PUSHES INTO E-COMMERCE STUART HIMMEL Staff Writer
Firm is forging deals with the likes of Shopify to help take on Amazon.
partnerships with Shopify Inc.,
Alphabet Inc.’s Google announced
Square Inc. and others to increase
last month that merchants using
more shopping on the search giant’s
Square, GoDaddy Inc, and WooCom-
Google is pushing further into
web properties – and very much not
merce will be able to sell products
e-commerce with new tools and
on Amazon.com Inc.
more easily on Google search, Maps and You Tube. Google introduced that feature for Shopify merchants and is now adding the Canadian company’s payment product, Shop Pay, as an option for consumers. Google also plans to display buying options more prominently on its sites, adding even more ways to turn it into an e-commerce bazaar. For Google and its allies, the strategy is about continuing to ride the pandemic e-commerce boom.
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Internet companies have piles on to capture more of this
es. While Amazon’s pricing and behaviour have upset plenty
online shopping market estimated at $7.89 trillion (U.S.)
of merchants, it remains a go-to destination for online
globally in 2021 by analyst EMarketer.
shopping, which is a lingering threat to Google’s core search business.
Consumers can now buy direct online, on social media, on a search, on video, on maps – that is the future of retail.
Google loses if your homepage for e-commerce becomes
Google owns the majority of those digital town squares, and
Amazon.com. Yet Google’s edge may be in helping business-
that’s where consumers are spending time.
es that already pay to promote their products on Google turn
Over the past decade, Google has made various attempts to
around and sell it there, too.
bolster its lucrative advertising business with e-commerce, including a delivery service and megadeals with retailers.
That’s particularly true of smaller, older companies. Going
Most attempts don’t stick. Still the company’s comparative
direct to consumer has been a lot harder than many of them
shopping service became the subject of a huge antitrust care
anticipated.
in Europe. Bill Ready declined to discuss if Google had further plans for In early 2020, Google hired Bill Ready, a former PayPal
shipping and fulfilment, but he and Shopify President Harley
executive to run its commerce efforts. One of Ready’s
Finkelstein, were looking at a range of further collaborations.
earliest decisions was to kill the fee Google charged merchants to list on its shopping service. Over the past 12 months, the company has seen an 80% increase in participating merchants, including “significant growth” among small and medium sized businesses, Google said in April. Google doesn’t disclose sales related to e-commerce. But the company said consumers show clear shopping intent on its services more than one billion times a day. Of course, the unspoken marketplace is Amazon, the Goliath retailer with fast growing third party seller and ads business-
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MBE BUSINESS MAGAZINE JULY 2021
W W W. M B E F O RYOU. C O M
4 Trackable Metrics
to Move the Needle on Diversity and Inclusion Goals
ENTREPRENEUR.COM
In the recent past, business leaders treated diversity, equity
Now that we understand that goal, what metrics should we
and inclusion (DEI) as an afterthought. However, the tides are
use to judge performance? Similar to a basketball coach, we
clearly shifting: Calls for justice for victims of police brutality
can’t wait for the end of the game to measure success.
including George Floyd, Breonna Taylor and Jacob Blake
During a game, a coach considers rebounds, second-chance
have made the quest for diversity and equity in the workplace
points and free-throw attempts as leading indicators to predict
a collective one.
success business leaders must work similarly to produce effective results. With that, let’s look at some leading indica-
Companies have begun to spring into action. Many have
tors for DEI success as well as some suggestions for how to
appointed dedicated DEI officers and designed anti-racism
measure them:
trainings. Tough conversations are happening, the concept of bringing your “whole self” to work is gaining traction and
1. Representation is a necessary first step
organizations are openly voicing their commitment to “doing
As companies publish more DEI numbers, we’ve learned a
the work.” But when it comes to diversity initiatives, there’s still
collective lesson. Far too many businesses aren’t organized
a significant piece of the puzzle missing: the measurement
enough to solve current and future challenges. Having unique
portion.
perspectives join together results in better problem-solving overall. But that requires representation first.
Charting DEI efforts Here’s the question every company must answer: What are
In its purest sense, representation is the percentage of
the goals of your diversity initiatives? To gain traction and
employees on your team from underrepresented groups. This
affect institutional change, these initiatives must be tied back
might be people of color, folks with disabilities or another
to the business as a whole. DEI efforts can be linked to higher
minority group. As you build out your strategy for growth, think
satisfaction for both employees and clients.
about the diverse skill sets you need at all levels of the organization to reach your goals.
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39
2. Take a look at your recruitment efforts
hires to hone their professional skills such as mentorship or
Recruitment is the door to your organization, and making it
career development programs?
wider is a massive step toward increasing diversity and inclusion in your workplace. As you build your diversity plan
4. Carefully examine pay, benefits and promotions
and grow your client base, be deliberate about interviewing
While recruitment and retention drive representation, pay,
diverse talent. For example, Hilton set a goal to have 50%
benefits and promotions drive retention. It’s a circular
diverse candidates considered for open positions.
relationship, and you want to invest in all of it. Look at Black women in the workplace, for instance, and you’ll see a clear
A good way to measure recruitment is by comparing the
story of inequality: On average, they’re paid just 63 cents for
number of applicants for open positions from targeted groups
every dollar a white man earns. By making pay, benefits and
against the overall applicant pool. This metric will help you
promotions core metrics, you illuminate this common area of
identify areas to improve, but you’ll need to add nuance to
discrimination.
make it count. Pair this analysis with a qualitative cultural assessment. What does it feel like to walk into your organiza-
Compare financial and nonfinancial rewards earned by
tion?
individuals from targeted groups to the rest of your organization. Then, consider how you can invest in keeping your
3. Find ways to measure and increase retention
talent.
Another useful method for measuring inclusivity is to compare the average tenure for employees from targeted groups with
Measuring the above metrics provides a great starting point,
the average tenure across the workforce. In many cases, you
but be sure to measure your progress a year from now. Has
want to measure this across leadership and departments so
your client base grown as a result of your DEI investments? Is
you can track variance within the organization.
your investment aligned with market growth areas? You’ll be
Measuring retention will hopefully allow you to identify
able to take things one step further and ladder your diversity
reasons why some minority colleagues leave. To improve this
and inclusion goals to business goals.
metric, you’ll actually have to make your workplace a welcoming environment. Do you have programs in place for minority
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MBE BUSINESS MAGAZINE JULY 2021
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CROSSWORD PUZZLE
LADIES FIRST (& VICE VERSA)
ACROSS 1 Final Commandment 6 Cooler 9 Down the_____ 14 "Here's looking___kid" (2 wds.) 15 Q-U link 16 Stalemate in chess, e.g. (2 wds.) 17 Mrs.# 43 19"99 and 44/lOOths % pure" soap 20 BPOE member 21 Tabula_____ 22 QB Favre and others 23 "Blue_____ II (Orbison & Ronstadt hit) 24 C.E.O., e.g.: Abbr. 25 Mrs.# 44 30 One of the l's in lol 32 Little piggy 33 Big first for a baby 34 Hollow center? 35 Superfund administrator: Abbr. 38 Police alert, for short 40 Louisvi lie Slugger 41 Yalies 43 Kit and caboodle 45 Slants 47 Mrs.# 35 51 Lawyers' org. 52 Most trifling 53 Smacks down in the Bible 56 Glasgow gal 57 Student-focused org. 60 Make like a hummingbird or helicopter 61 Mrs.# 38 63 Pong maker 64 Mine find 65 What Dorothy did to the Tin Woodman 66 High-!I.Q. group 67 Abbr. on old Asian maps 68 "Family Matters” nerd Down 1 Tattle or ta II follower 2 And others, for short 3 Said three times, a Three Stooges laugh 4 Rocky prominence 5 Mexican sandal 6 Literary castaway
7 Battery partner 8 Ultimate degree 9 Beehive or a buzzcut 10 Some parts of speech 11 Gait between walk and canter 12 Links rental 13 Major rtes. 18 Indiana politco Evan or Birch 22 [expletive deleted] 23 Oversized 25 Staff notes? 26 Hawaii's Mauna_____ 27 Cornered (2 wds.) 28 Cruel 29 Living units: Abbr. 30 Actor Cobb 31 "It was_____huge mistake!" 36 They're often copped in court
37 "All systems go" 39 "Gesundheit!" 42 Some Winter Olympians 44 Certain bank workers 46 Summer hrs. in D.C. 48 Spain and Portugal 49 Less of a mess 50 Old political cartoonist Thomas 53 Fake 54 Bit of dust 55 "Terrible" czar 57 Tyler-Taylor link 58 Elder or alder 59 Extra: Abbr. 61 Beantown, on scoreboards 62 Douglas______
See previous issue answers on page # 12 W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
41
Facebook To Pay 14 Firms For News STUART HIMMEL Staff Writer
Critics say social media giant using deals as way to get ahead of regulations Facebook Inc. unveiled a plan last month to pay some Canadian publishers for news stories on its platform, but experts say the move diverts attention from forthcoming regulation efforts. California based tech giant Facebook said it will pay 14 publishers, including the National Observer. FP Newspapers, Le Devoir, the Tyee and the publisher of Le Soleil undisclosed amounts to link to their articles on its COVID-19 and climate science pages or in other unspecified use cases.
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MBE BUSINESS MAGAZINE JULY 2021
Deals made under the news innova-
ment should be viewed as
tion test programs were also reached
Facebook’s way of getting ahead of
with the Coast, the Narwhal, Village
potential regulation in Canada
Media, the SaltWire Network, the
without tackling much of the criticism
Sprawl, Discourse Media, Narcity,
it faces over issues such as privacy
Blog-TO and Daily Hive.
concerns and the prevalence of misinformation on its platform.
Facebook would not disclose the
There are some fundamental
value or structure of the deals and
problems with Facebook and this
would not say if other publishers were
glosses over all of that and makes it
approached for the project.
much less likely that Canadian officials will actually consider the
It says the program will be multi-year
possibility of regulating them in ways
in scope and does not include
that will affect these much deeper
payments for news links already
seated issues.
posted on Facebook by publishers. Industry watchers say the deal brings
Those issues, include pervasive
cash to media companies hurting for
surveillance practices, data collection
advertising, but believe the arrange-
strategies, non-co-operation with
W W W. M B E F O RYOU. C O M
authorities and a history of hosting misinformation and
In Canada, Facebook has promised to spend at least $8
hateful content. They have cropped up as Canadian media
million over the next three years on journalism initiatives,
companies have watched their revenues slip away and put
including funding reporter fellowships at the Canadian Press
much of the blame on big tech.
and grants for media organizations run by people that are Black, Indigenous or of colour.
A 2018 report from the Canadian Media Concentration Project revealed Google had half the country’s internet
Facebook, last month declined an interview to discuss its
advertising market share in 2018, with Facebook trailing at
latest media efforts, but the company’s global director and
27.3% and Bell; Torstar, the owner of the Toronto Star;
head of public policy, Kevin Chan, said in a statement that
Twitter; and Postmedia (National/Financial Post, the Sun
the program supports journalism and will allow the company
newspaper family across Canada) sitting at under 2% each.
“to partner even more closely with publishers to help them
That equates to $3.8 billion in advertising revenue for google,
build sustainable business models. Only through communica-
up from $2.8 billion in 2016. Facebook made $2.1 billion in
tion and collaboration can we make progress and we look
advertising in 2018, while Bell made $146 million, Torstar
forward to continuing our work to promote a healthy news
earned $120 million, Twitter got $117.5 million and Postme-
industry in Canada.”
dia $116.4 million. Blayne Haggart, a senior fellow at the Centre for InternationMeanwhile, the federal government is in the process of
al Governance innovation believes the efforts to announced,
considering legislation that could force tech companies to
continue to embed Facebook in the media ecosystem and
pay for news on their platforms and dole out penalties when
build publisher’s dependency on a ‘single foreign and
problematic content is not removed quickly.
capricious platform’.
Other countries are dealing with similar considerations.
Instead of these voluntary deals Facebook offers media, he
Australia, for example, unveiled plans earlier this year to
thinks the company needs to be much more heavily regulat-
make social media companies negotiate payments to
ed than it is now and authorities should be taking a greater
publishers there. Facebook responded by quickly blocking
interest in ensuring the news the platform shares is of quality.
Australian users from posting or seeing links to local or international news websites, only to reverse course days later.
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
43
horoscopes
july 2021 cancer Strengths: Tenacious, highly imaginative, loyal, emotional,
have enough coping and defensive mechanisms for the
sympathetic, persuasive
outer world, and have to be approached with care and understanding, for that is what they give in return.
Weaknesses: Moody, pessimistic, suspicious, manipulative,
Lack of patience or even love will manifest through mood
insecure
swings later in life, and even selfishness, self-pity or manipulation. They are quick to help others, just as they are
Cancer likes: Art, home-based hobbies, relaxing near or in
quick to avoid conflict, and rarely benefit from close combat
water, helping loved ones, a good meal with friends
of any kind, always choosing to hit someone stronger, bigger, or more powerful than they imagined. When at peace
Cancer dislikes: Strangers, any criticism of Mom, revealing
with their life choices, Cancer representatives will be happy
of personal life
and content to be surrounded by a loving family and harmony in their home.
Deeply intuitive and sentimental, Cancer can be one of the most challenging zodiac signs to get to know. They are very
Cancer - the Brave Crab Sent to this Earth by something
emotional and sensitive, and care deeply about matters of
they believe in, only to mess with someone bigger than they
the family and their home. Cancer is sympathetic and
are, this isn't an animal aware of their strength. Patriotism
attached to people they keep close. Those born with their
can make them endanger their own wellbeing, fighting for
Sun in Cancer are very loyal and able to empathize with
someone else's cause, as if others can become their higher
other people's pain and suffering.
power. The Crab knows where they're going, but this is often in a wrong direction, at least until they learn their lessons
The sign of Cancer belongs to the element of Water, just like Scorpio and Pisces. Guided by emotion and their heart, they
and start relying solely on themselves.
could have a hard time blending into the world around them.
CANCER LOVE AND ROMANCE
Being ruled by the Moon, phases of the lunar cycle deepen
Cancer is a very emotional sign, and feelings are the most
their internal mysteries and create fleeting emotional
important thing in their relationships. Gentle and caring, they
patterns that are beyond their control. As children, they don't
will show their sensibility to the world without even thinking
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MBE BUSINESS MAGAZINE JULY 2021
W W W. M B E F O RYOU. C O M
they might get hurt. For partners, they always choose a
socializing at home, where intimate atmosphere can be made
person who is able to understand them through non-verbal,
and deep understanding shared in circumstances under their
silent contact, and a shared daily routine, and their affection
control. Intuitive and compassionate, they are sometimes
won't last long with superficial, flaky or unreliable partners.
impossible to understand from an extremely rational point of
The lack of initiative these individuals suffer from won't make
view.
it easy for them to build a sex life they wish for, if they don't find a partner who is able to make them feel calm, protected,
Family - Cancer is the sign of family and these individuals
and free to express.
care about family bonds and their home more than any other sign of the zodiac. Deeply sentimental, they tend to diligently
This is a dedicated sign, ready to make many unhealthy
preserve family memories, keeping them intact for years.
compromises only to keep their image of a family going, and
When their personal lives are fulfilled, they make wonderful,
could choose partners who are in a way selfish of abusive.
caring parents that seem to know how they children feel even
Shared responsibility and a life together with their partner
when they are miles apart.
makes them feel secure and ready for the next step in life, no matter if it is a child, a new job, or simply a cleanup in the
CANCER CAREER AND MONEY
field of friendships and relationships that became obsolete or
When a job needs to get done, a Cancer will roll their sleeves
hurtful. In love with children, parenthood, marriage and
up and finish it successfully. If they are left alone to work, they
traditional values, they can still be misguided by people they
usually perform better than when surrounded by other
admire and trust into changing their honest approach to a
people, loyal to their employer and focused on the task. They
modern one that doesn't fit their true personality.
will have great careers as nurses, housekeepers, gardeners, politicians and decorators.
Compassion and understanding that a Cancer chose to send your way shouldn't ever be taken for granted, or they will
For Cancer representatives, security and money are of great
show you just how bad of a match you two are in the long
importance and stand for the real reason they work as much
run.
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CANCER FRIENDS AND FAMILY
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or other family members under control.
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VARIOUS TYPES OF BRANDING & HOW TO USE THEM FOR GROWTH DMM DEPARTMENT MB Enterprises
Branding is used artistically &
future. The different types of branding
segmentation. In this regards market
creatively for a huge audience for the
values are related to cultural as well
segmentation holds values of growth
growth of the brand and promotion of
as global significances that relates to
for a particular brand depending on
its uniqueness. It demonstrates the
the branding strategies. A product
the competitiveness of the markets.
attitude of a brand over the years and
needs no introduction when it gets
Most importantly, using them for
how the brand will perform in the
popular, however, creating brand
growth effectively is the goal that
years to come. An example is the
values and increasing a brand power
needs accomplishing for bigger &
transformational changes in the logo
always helps the product life cycle in
better results.
of McDonald’s, which has
the most competitive markets. Known
transformed from 1975 to 2003 and
in technical terms as brand identity, it
The various types of branding are
totally different and simple in 2019.
holds values of uniqueness of a
mentioned as follows;
The latest one is an illustration of the
brand in the most competitive
values associated with the brand, its
markets. It demonstrates the fighting
1. SERVICE BRANDING:
demand in the food & beverages
spirit that relates to a brand perfor-
Service branding as the name clearly
industry and its corporate social
mance and how that brand will
suggests relates to the services in
value elements.
compete with the dynamics of other
whatever field or business you are
similar brands. It also demonstrates
associated with. One of the biggest
A brand significance that holds
the customer liking and customer
challenges while working in a field,
values related to brand loyalty
loyalty aspects, which indicates why
business or provided any services is
aspects is indeed an answer on how
that particular brand is so famous
ensuring service excellence, i.e. you
the brand shall be performing in
amongst the customers with selected
deliver the best services at all times
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MBE BUSINESS MAGAZINE JULY 2021
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and at any cost. It’s all about you the service provider and
commonly where two identical cars of a production line are
your customer, consumer or user of the service. It is certainly
given different names and badges. Example includes Aston
defined by the experience you provide your customer. This is
Martin Cygnet and the Toyota Scion IQ, as being the two
irrespective of whether they are calling you remotely, meeting
identical cars with different brand identities.
you in person, or meeting you in-store or at your business premises. Service branding is always linked up with the
3. RETAIL BRANDING:
provision of best services as part of the deliverables from
Retail branding is another type of branding where the
your end. There are some key elements of service branding
strategy is simply to promote a brand via its retail identity. A
that are under your control, while the others are not in your
simple example is an Apple Store in City Centre or a
control as they are controlled by the consumer or the user of
shopping mall holds more importance and values regards to
the services. All the elements leads to the firm’s brand equity
its brand identity, rather than being available readily in a
which is a very important part of a service branding model.
supermarket, i.e. Walmart. The supermarket is one of the
With the rise of the internet, the service branding has been
biggest retail chains in United States, also present in
made more complex, ironically, as more communications
Canada. However, from the value preposition the apple store
channels have opened up. The urge and desire to provide a
has more values attached to the famous brand regards to its
consistent service all across the multiple channels is
brand identity. Retail branding is complex simply because
popularly known as Omni-channel customer service.
store has layered objectives. As an example Amazon has a trendy bookstore in Seattle, which bears little resemblance to
2. CORPORATE BRANDING:
the enormous warehouses where most of its products
Corporate branding is a branding type that is one of the most
originate.
important ones with key values attached to branding. The brand reputation plays a huge role in the future success of a
4. CULTURAL BRANDING:
particular business. This relates significantly to everything a
Cultural branding relates to the cultural aspects linked with a
company does, the target audience that they desire to target,
brand or how a brand seeks to build a positive shared
and the product it sells. Apart from these key factors all
identity. Cultural branding is more linked with geographic
includes how it treats suppliers and employees. The name is
branding due to the demographics that play a huge role in
also very critical as it affects the reputation, and holds values
both types of branding. Mainly promotes through patriotic
of success for the brand itself. Conclusively, it also impacts
and national values and pride making a brand a national
your pricing strategies.
identity. Both the types of branding goes hand in hand. The geography of a place influences the culture of its people,
As an example of corporate branding we can discuss the
while the human activities affect the place. Involves values of
automobile industry. A common practice of the automobile
emotional intelligence more as compared to other branding
industry is known as ‘Badge Engineering’. This happens
types.
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49
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INTERVIEW WITH Marc Ouayoun
PRESIDENT AND CEO OF PORSCHE CANADA
By Katie Underwood May 24, 2021 Courtesy: www.canadianbusiness.com
"Electrification is the way to bring the brand into the future. We can’t only look in the rearview mirror."
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MBE BUSINESS MAGAZINE JULY 2021
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country’s fastest growing companies and their innovative
For outsiders, can you explain the zeitgeist of the automotive industry right now? How are those in leadership viewing cars, drivers and the future of driving, in general?
leaders, who are changing Canada for the better.
Cars have been such an important pillar of mobility during the
Canadian Business is relaunching in fall 2021, building on its platform as a trusted media brand and social network for the
last century. I mean, the whole development of the world has Canadian Business gives these leaders—and those who
been around cars, and we are now in a time where the
want to learn from them—the resources, networking opportu-
automotive sector is really at a crossroads. Now society is
nities and inspiration to innovate, connect and continue to
changing, with all the environmental regulations that impact
challenge the status quo. One of the ways we are doing this is
lifestyle and city developments, plus pressure from regulators,
through launching the Canadian Business Leadership Circle,
the change in consumer demands and digitization.
CB’s leader-in-residence program where each month we in their field. As part of the program, readers will have the
How do you suspect automotive will influence larger realms, like city planning?
chance to connect with these progressive-minded business
Now, it’s really time for the automotive industry to adapt to
execs for mentorship and professional development through
cities—specifically, how to reduce congestion and how to
exclusive content, virtual fireside chats and more.
improve air quality. It’s clear that if we change nothing, the
engage a different C suite-level executive making an impact
conditions will worsen. There is a lot more knowledge and Joining us as leader-in-residence for May is Marc Ouayoun,
expertise coming from the different municipalities and local
President and CEO of Porsche Canada. Here, he chats with
governments, so we are partnering with cities to find
writer Katie Underwood about the true meaning of disruption,
solutions through artificial intelligence. The connected car, for
the future of mobility and the value of making learning a
example, could communicate with a stoplight to reduce
lifestyle.
congestion. We’re working on apps that would tell you where
How are you and how have you been holding up during the pandemic? My routines are obviously changing—even just in the way I
to park in a city. We work hand-in-hand with planners to make sure we understand the trends, and how to complement public transportation. It’s almost a blank page of what is possible right now.
organize my day. We travel a lot less, so I have more time to think a little bit more strategically about my management
How have the requirements for leadership in automation changed since your Daimler days?
style, my priorities, my values. In every crisis, there is an
I think that the role of management has completely changed
opportunity.
over the years, and I’m really happy because I feel aligned
really step back a little bit and look at my daily business, to
Tell us about your career. What brought you to Porsche Canada?
with its direction. Before, it was completely vertical; very “I say, you do.” Now, because there is so much automation of tasks, you have more time for intelligence, for relationships
I’m a car guy. When I was a teenager, I had posters of the
and for creativity to think about where your industry is going.
Porsche 911, Turbo and 959 on the wall. I had a great
What are the new trends? What are younger generations
opportunity to start working in the industry in 1995 for
thinking? Things are more horizontal and more collaborative.
Daimler, where I learned a lot. Then I joined Porsche in 2006,
It’s a reverse-pyramid that allows you to leverage all the
where I started as a sales director in France. After a couple of
talents of an organization to achieve its vision. I have always
years, I expanded my scope to retail and network develop-
thought that it’s very important to be transparent and empa-
ment. I was appointed managing director in France in 2011.
thetic. In a management role, you need to be strategic, but
After six years in that position, I started to wonder what the
you also need to care for people.
next assignment could be—and if you want to have a global North America. It sets the benchmark for automotive retail
‘Disruption’ is a very buzzy—some would argue overused—term. What does it mean to you?
and mobility solutions. I thought that Canada would be a
For me, it’s about anticipating, being bold and actually driving
perfect place to continue to learn, and now I’m entering my
change—leading the race. A good example is electrification:
fourth year here.
A Porsche means a roaring engine, full of horsepower. Some
view in the automotive business, it’s very important to go to
people thought we’d be the last brand to move into electrification. But if we didn’t move towards a completely new, “disrupted” powertrain with “disrupted” energy, we would be nowhere
W W W. M B E F O RYOU. C O M
MBE BUSINESS MAGAZINE JULY 2021
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today. We know that it’s the right way to bring the brand into the future. We can’t only look in the rearview mirror.
What role has mentorship played in developing your career to this point? I was very lucky during my career, because I had great bosses. I consider them my role models. I had managers that were a lot more detailed about execution, and some with a lot of emotional intelligence. I learned so much from all of them. There are some leaders who try to make a career by criticizing others—saying, “Oh, I would do that job better.” I always try to help my staff and create the best conditions for their promotion. It has always been my belief that if I do my job properly, that will naturally happen.
What practices do you have in place to keep you dreaming big? I think it’s about being very open to the world because, as I said, it is changing very rapidly. I also try to connect with younger generations, and get a bit out of my comfort zone and routine. When I started in the industry, it was all about going from A to B more quickly than anyone else. Now, everybody is going the same pace on the road, so it’s all about design, engineering and efficiency. You need to understand the driving factors behind change. I spent some time in China to learn about retail—the luxury sector, in particular, and what is changing in fashion and cosmetics—as a way to understand where consumer demand is going. Two years ago, I took an extensive management program at MIT in Boston. It’s just about always learning—and not just when you’re a student. It has to be a lifestyle.
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The Difference Between Mergers & Acquisitions As Part Of Growing Business Strategy
DMM DEPARTMENT MB Enterprises
As part of the growing business strategies, the two most
‘Take-over’ and occurs when a supreme company with bigger
common types and the most popular ones are mergers and
and larger profits takeovers a smaller company for bigger and
acquisitions. These are the two common corporate restructur-
better results.
ing strategies that the businesses use in order to increase the maximization of profits for attaining sustainable business
COMPARATIVE ANALYSIS OF THE TWO IN TERMS OF BUSINESS GOALS:
targets. It is also known in some companies as one of the
The mergers in the corporate setting are considered to be a
change management strategies that are used to overcome
friendlier corporate restructuring strategy. The main reason is
some business challenges.
such a business strategy is voluntarily and mutually beneficial
their corporate & business values. However, the main goal is
for both the companies. However, if we do a contrast, the The merger strategy helps in increasing the utilization of
acquisitions are generally more of a negative connotation. It
resources and formulating a strategy to overcome business
seems similar to a game of monopoly where you can buy
losses. It’s not uncommon to find both terms used
one’s property when the other party comes into a losing
interchangeably in the business world.
situation. Acquisition is thus a business strategy adapted by entrepreneurs who want to expand their business empire fast
While we discuss both in detail it’s imperative to know where
and with profitable margins.
the main difference lies. A merger is when two separate companies voluntarily and equally amalgamate or fuse
During a merger, a new company is normally formed under a
together and become one new company. Under such circum-
new name. However, on the other hand, in case of an
stances, the company is under sharing of resources as well
acquisition, it doesn’t require the formation of a new company.
as profits and losses equally depending on the agreement of
Instead in most cases the company uses the name of an
merger between the two companies.
acquiring company. While we discuss more differences, it’s imperative to know the differences of purpose in both the
However, acquisition is a process where one business entity
business strategies. Hence, in case of the merger, the
buys and takes over another entity. This is also known as a
purpose is to increase the operational efficiency that’s lacking
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MBE BUSINESS MAGAZINE JULY 2021
57
and decrease competition. While in the case of an acquisition
business processes. More diversification means more means
the goal is simply to stimulate the instant growth or to
of accumulating profits and being more sustainable in the
complete the supply chain. In simple words, the purpose is to
business world. A world full of challenges and opportunities
become bigger and larger in size, structure and business
every day.
operations. The size of the merging companies stays the same in most mergers happening in the business world, while
Other two key reasons for both are cutting the redundant
the size in acquisition gets bigger for acquiring companies.
operations costs and surviving the ever-changing markets. Operational costs needs to be controlled strategically,
MOST COMMON REASONS FOR MERGERS AND ACQUISITONS:
especially in varying business demographics. The last two
There are a number of reasons that mergers and acquisitions
bringing acceleration in growth. Both being a measure of a
are seen so commonly in the corporate business world. All
company’s profitability and production outputs. Thus, all these
these reasons are common for both of the corporate restruc-
factors are a key part of the change management targets that
turing, however, the impact and the business strategies vary
are achieved with formulation strategy through mergers and
accordingly. One of the biggest reasons for both is gaining a
acquisitions.
reasons being acquiring the skills and technology as well as
competitive edge that is highly critical for business sustenance. The corporate world is like a ‘Rat Race’ and gaining competitive edge gets important for companies when they want to gain their power over others. The next reasons are increasing the proficiency and bringing diversification in
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Greenpeace Canada
‘History & Activities In Canada DMM DEPARTMENT MB Enterprises
‘Greenpeace’ is a charity based organization as well as an independent organization that doesn’t make money from any
THE MOTTO OF ‘GREENPEACE’: The organization truly believes that optimism is yet another
corporations or governments. The organization relies on
form of courage, which needs to be shown heavily. Hence,
donations and charity from the people as they work on funds
they also believe that a billion acts of courage can be good
from people, companies, and different groups and organiza-
enough to spark a brighter tomorrow. The sustainability
tions working for the cause of environment in Canada.
measures taken today will definitely help in making a brighter and better tomorrow for the citizens of the world. The compa-
The volunteer’s work is at the heart of Greenpeace’s mission.
ny truly believes that this mission can be accomplished
The mission is to spread awareness and bear witness to the
together along with the help of people and communities that
attacks on environment. Thus, taking responsibility of the
are aware of the ongoing environmental hazards. The mission
environmental hazards taking place in various places in
further includes environmental sustainability, and achieving
Canada.
targets in alliance with environmental goals of many different
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MBE BUSINESS MAGAZINE JULY 2021
59
environmental stakeholders. These targets also includes
activities of Greenpeace Canada is the activity in 2011, i.e.
fighting climate change & reducing carbon emissions.
some twenty years later. This is after the release of Greenpeace’s Dirty Laundry Report. The major clothing brands
The values of the Canadian not for profit organization is to
commit the elimination of discharges of the hazardous
use non-violent creative action towards a greener and more
chemicals from across their entire supply chains and the
peaceful world. This is also the agenda and oath of the
products within Ten years.
Canadian PM, Justin Trudeau, and the President of United States, Mr. Joe Biden. Both the respectable leaders hold
FORESTRY EFFORTS IN PROVINCE B.C.:
higher agendas for climate change and other environmental
Just five years back i.e. in 2016 that is after decades of
objectives.
campaign work by Greenpeace Canada. A huge 85% of The
TIMELINES OF SUCCESSES & ACTIVTIES:
Great Bear Rainforest in B.C. got protected from the industrial logging. A huge step against deforestation and industrial
Since the year 1971, Greenpeace has been busy with its
logging while controlling the forestry of British Columbia. Vital
various agendas for the environment and their efforts have
steps towards the environmental efforts in Canada as British
been global in combatting the environmental issues. In 1972,
Columbia holds huge importance to Canada w.r.t. the climatic
i.e. after the first Greenpeace action in 1971, the USA
hazards as well as natural resources. In 2017, just the next
abandoned the nuclear testing grounds at Alaska. Precisely,
year, after decades of campaigning and work by Greenpeace,
the place is known as Amchitka Island in the huge snow-cov-
community groups, allies and other environmental organiza-
ered Alaskan region. In the year 1982, i.e. ten years after the
tions. TransCanada was the energy company that cancelled
abandoning of the nuclear testing grounds in Alaska, the
the Energy East tar sands pipeline.
activities of 1982 are quiet famous. This is after at sea action against the industrial whalers. Because of the efforts of
All these efforts from Greenpeace Canada shows the efforts
Greenpeace, a whaling moratorium is adopted by the Int.
regards to the environmental sustainability in North America.
Whaling Commission. International Whaling Commission is
Green peace is still working on its goals for environmental
an international body, with its headquarters in Cambridge,
protection and aims to deliver the best in light of the Canadi-
United Kingdom & was founded in 1946. A decent step
an Govt. policies aligned with that of United States. The
towards the environment as Whales holds a key significance
organization’s role is getting more critical with regards to the
in the vast oceans of North America.
environmental activities globally.
After nine years of the Whaling Moratorium, another key event that happened was after the lobbying by Greenpeace and other organizations. This was an agreement to a fifty year ban of mineral exploitation on the continent by at least thirty-nine Antarctic Treaty Signatories. Next in the Timeline of
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SYED MANSOOR ALI NAQVI
AUTOBIOGRAPHY “As a mentor a person gets paramount importance from their followers, but success comes from true following & demonstration of work- MENTOR –CHAPTER 11” The Autobiography of Mr. Syed Mansoor Naqvi, The man who made it possible just with a vision and a dream in his eyes.
“A Successful Canadian Entrepreneur”
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WE ARE HIRING!
HEAD CHEF
THE SENATOR HOTEL
&CONFERENCE CENTRE
JOB REQUIREMENTS LANGUAGE: ENGLISH EXPERIENCE: FRESH ABILITY TO SUPERVISE: 5 TO 10 PEOPLE
SKILLS: Maintain Records of Food Cost; Consumption; Sales & Inventor y ; Prepare & Cook Food on a Regular or for Special guests and Events; Meals and Speciality Foods; Train Staff in Preparation; Cooking & Handling of Foods; South Indian; International; Super vise Cook & other Kitchen Staff. WORK INFO: Room & Board Provided
HOW TO APPLY Email: gm@senatorhoteltimmins.ca Phone: (416)-918-1356 (12:00 PM to 05:00 PM) Mail: 14 Mountjoy Street, South Timmins, ON P4N 1S4 Note: Anyone who can legally work in Canada can APPLY for this job, If you are not currently authorized to work in Canada, The Employer will not consider your job application
Career Overview As a resort manager, your job will include managing all aspects of a resort, including lodging, food and beverage management, human resources, housekeeping, attractions, and guest services. You'll be in charge of employees, finances, customer service, promotions, and quality control. Resort managers often have to work nights and weekends, putting in long hours to ensure the success of their establishment. Job Description Includes duties in three major areas: Daily Operations, Finances, and Marketing Resources
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Daily Operations, Financial, and Marketing Duties Resort managers oversee product stocking, accounting, and marketing efforts at the resort. As a resort manager, you'll hire contractors to perform services, such as painting or plumbing. You'll ensure that all supplies, from housekeeping materials to furniture, are in good condition and in stock. You'll monitor payroll, customer billing, and expense accounts. Customer Service Resort managers ensure positive customer experiences by maintaining high-quality facilities and remedying problems. At the resort, you'll conduct room, kitchen, and grounds inspections to make sure that they are all up to code. You'll greet guests at arrival, create standards surveys, and find acceptable solutions to problems that may arise. Human Resources Responsibilities As a resort manager, you'll be in charge of hiring, training, and scheduling new staff members. You'll set goals for employees and help your staff achieve these goals. You might also have assistant managers who you'll work with to manage departments, such as housekeeping, dining, security, and desk personnel.
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WE ARE HIRING!
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Ingredients Of A Healthy Lifestyle The Change You Need’ DIGITAL MEDIA MARKETING MB Enterprises While we keep realizing the impor-
you agile and fast but also makes you
& physical health. As part of the
tance of weight loss and encountering
a key player and involver in healthy &
self-care, weight management and a
health problems. It is indeed vital to
wise decision making.
healthy lifestyle indeed holds priority
realize the key ingredients of a healthy
ingredients. These two aspects signify
lifestyle. This simply means a lifestyle
‘An Apple a day, Keeps the doctors
why the importance cannot be ignored
that is balanced regards to your food
away’, a saying that determines the
in the world of fitness where seeing is
in-take & is ideal w.r.t. the change you
importance of an Apple in-take every
believing. As a person with a good
need. Looking smart is more impor-
day which is a highly rich ingredient
Know-How the knowledge and
tant than anything these days, vitally
with iron. The goal is to emphasize on
awareness for the change you need is
to stay fit and up to the requirements
weight loss and calorie management
integral to spot.
of the corporate world. Your fitness
which is been identified as an
matters most to you and next to others
important tool. Self-care is about
The following are some of the things
linked up with you in your personal
creating a daily routine that suits you,
you have to know to help you achieve
and professional life. It not only makes
while taking good care of your mental
a healthy lifestyle physically & mentally.
1. KEEPING TRACK OF YOUR MENTAL HEALTH: Keeping a track of your mental health is the priority in achieving a healthy lifestyle effectively. This can be a
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challenge with your hectic 9-5 schedule that can be extenda-
3. 10,000 WALKING STEPS A DAY
ble if you have work pressures or task management challeng-
Download the steps app on your mobile and start walking
es. You just need to ponder on how you can stabilize your
every day for at least 1.5 hours, i.e. 10,000 steps a day. This
mind with more eagerness towards mindfulness and calming
will be occupied in your mind as a daily goal so that you keep
activities and behaviors. Avoid using negative thoughts,
improving regards to your health issues that includes weight
emotions and words, in fact be positive in your approach
loss and cardiac exercises. Walking is termed as one of the
towards a sound and healthy lifestyle.
best and most simple of the exercises that not only helps
The best thing is to meditate everyday at least 20 mins to half
improve your digestives, but helps you achieve your fitness
an hour, if you have priorities to achieve regards to your
levels. Every step you take towards 10,000 will be a step
health management targets. Start making this a habit while
forward towards your health targets. This shall be a mental
you breathe-in fresh air for your lungs and breathe-out the
booster in brainstorming your daily targets at work, and how
stress and all the tensions that are hurting you in form of work
you can balance your personal life with work life. It also gives
pressures. Relax with a positive mind frame and ponder on
you time to think and find a strategy regards to your challeng-
the good things in your life while you take delight in your life
es.
activities every minute. wrong or need some improvements. Make a positive start for
4. FUELING YOUR BODY WITH FOOD & REGULAR MOVEMENT:
your health with your mindset and look for the space around
Just as a car needs fuel for movement, a human body is
you. Keep accepting your flaws and keep talking to yourself
largely dependent on food in-take and regular movements for
that you need improvement and you need to work harder with
attaining higher energy levels. Food in-take should be made
your grey areas. Meditation, Yoga, listening to music and
simple, but regular in-take in form of fruits, and snacks keeps
taking a nature walk always helps in nurturing your mind for
your body energized. It surely is an ingredient of success if
being healthy & positive.
you know how much calories you are taking in and how much
Keep analyzing where you are right, and where are being
2. REPLACEMENT OF BAD HABITS WITH HEALTHY ONES:
you lose through exercises.
Replacing the bad habits with healthy ones can be difficult but
Your regular movements in form of taking a staircase instead
will always have a positive impact on your life. This can be in
of a lift, or parking your car far from the regular car park and
the longer run, i.e. giving you sustainable benefits with
taking some walk really helps. This is inform of regular
powerful features and impacts on your life. An example of bad
movements or giving some time on a break in the play room
habits are too much drinking of alcohol, smoking heavily, and
while playing a game of Table Tennis. All these activities not
being an introvert rather than being with people. These habits
only makes you healthy, but keeps you mentally fit. Regular
can be replaced with regular exercising and walking, drinking
activities highly matter on your track of fitness.
green tea, instead of being a heavy alcoholic, and avoiding smoking for good and switching to fruits and juices instead.
W W W. M B E F O RYOU. C O M
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How Hotel Crm Is Used Effectively
In The Hospitality Industry?
DMM DEPARTMENT MB Enterprises
CRM also known as ‘Customer Relationship Management’ is
ironic that hospitality industry’s success is based on market-
an information system that is used to store customer informa-
ing & managing relationships with old customers while taking
tion & other customized details regards to the customer’s info.
care of customer preferences. An effective CRM system helps
The system is used effectively worldwide especially in the
in this motive as it focuses on the respective needs of the
hospitality industry with incredible and defined effects. As the
customers who can be classified in various types in the
name goes, ironically it helps in making good relationships
hospitality industry. The industry is a huge one in Canada,
with customers regards to their need analysis and their
and holds certain dependencies apart from the likes and
personal likes and dislikes.
dislikes of people. CRM systems are also used as monitoring tools that helps in giving customers their attractive deals and
Why managing relationships is important in hospitality
offers. For example, discounts and offers are made to
industry? A question that obviously needs no answer as it is
customers for a holiday suite, based on the number of times
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they have stayed in a particular hotel or a suite. It adds on to
is a key difference between a successful hotel and a decaying
their preferences automatically that they are a regular
one. CRM systems also have access to influential marketing
customer who deserve their share of discounts and offers.
automation tools that includes e-mail marketing and e-mail
Below are some of the ways and how the hotel CRM is used
designing modules that are designed to make marketing
effectively in the hospitality industry;
much easier and more effective.
1. PROVIDES A CENTRALISED HUB:
3. FOSTERS HOTEL LOYALTY & CUSTOMER RETENTION:
The CRM system being active in the hospitality industry
An effective CRM system helps a great deal in the hotel
provides a centralized hub which is the core for all the central
loyalty aspects. While according to the point of view of hotel
business activities. It is a comprehensively designed software
management and Board of Directors, it is effective indeed in
that provides a very systematic collection of all the relevant
customer retentions aspects.
information i.e. financial, historical and conversational etc. This is moreover into a centralized database. Therefore, with
Retaining a good customer is a huge preference for those
this repository the customers can be categorized and
who believe in ‘Relationship Marketing’ and retaining their
segmented to the liking of each user involved.
customers while giving them the satisfaction they need. With
The data access within a hospitality CRM Solution is
the beneficial marketing information tactics also comes the
accessed and entered in real-time. However, duplicate data or
ability to personalize customer details and marketing
in-accurate data is a non-issue with a CRM solution in place.
initiatives. While at the same time increasing the ability to
2. THE CUSTOMER EXPERIENCE IS ENHANCED:
foster loyalty and also build customer retention.
It helps a great deal in enhancing the customer experience, i.e. making them feel important in their own eyes. It also helps them want to come back to the same hotel as their decision is based purely on customer liking and satisfaction aspects. Therefore, in the hospitality industry the customer satisfaction
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