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ESG - Questions your Bank will Ask

Andrew Penny, May 2 2023

Last week I participated in the ACG  event – a forum for people who fund the ‘middle market’. Attendees are typically VCs, banks, investment agencies, family offices, private equity – in short anyone who has a few million to give, lend, or invest in mid-sized firms. One of the most interesting sessions was on ESG (environmental, social and...

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Breaking the Rules

Andrew Penny, April 25 2023

Listening to a recent ‘Under the Influence’ podcast, I learned some fascinating things about Roger Nielson. Many of you know him as a coach with the NHL’s Ottawa Senators but before that he was breaking the rules in the OHA. And how! Well, actually, not really breaking the rules but playing the game in a way that was so radically different that...

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The Race is On

Andrew Penny, April 18 2023

Time to drop the clutch There is a great deal of talk about the economy slowing down.  So what? The North American economy is still worth about $28 trillion and Europe’s about $19 trillion.  So even if it’s not accelerating, there are still, collectively, 47 trillion ways to make a buck.  To go faster we must change gears, and that is just what...

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To Promote or Hire - that is the question!

Graham Birkenhead, April 11 2023

There are good reasons why you should do both, and actually, for a fast-growing company, you should try to do both. There are advantages to each option, but there are also reasons why you should take care. Let’s go back to first principles and consider what we are really trying to achieve. In an earlier blog, I said that people are not your most...

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Seven Generations

Andrew Penny, April 4 2023

In Ottawa, as a many other places in the world, public meetings are often prefaced with a short recognition that they taking place on native land. Sometimes these recognitions are quite cursory. At other times, they are quite long and well thought out. I’ll come back to this in a

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The Future is Bright

Andrew Penny, March 28 2023

Earlier this week I participated in a conference at the historic Chateau Laurier in Ottawa organized by the Canadian Club on the future of Electricity in Canada. The message is that we need much more power and, given the long lead times, we need to start the building this capacity now. Right

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Is it too late?

Andrew Penny, March 21 2023

Watch the rain:  https://www.youtube.com/watch?v=Ex4jjxn75os The UN said today that “the chance of evading the most severe impacts of burning fossil fuels is almost out of reach, scientists warn, unless radical changes are made—and immediately.” Wow. What are you doing about it? The phrase Planet, People, Profit has never been more

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Business owners, are you IN it? Or ON it?

Graham Birkenhead, March 14 2023

We are working with the owner of a $20M business that manufactures racking systems. Growth has been solid, and they have come out of the pandemic with a solid order book. Sounds good, but the problem is that they are having tremendous difficulty attracting staff, completing orders, and managing inventory in an overcrowded work-space. The owner is...

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Digging Deeper

Graham Birkenhead, March 7 2023

We recently completed some market research to help a manufacturer selling premium products to determine which geography to focus on. As a premium product, it required individuals with sufficient disposable income and psychographics that would support our client’s product. We looked at age, family groupings, housing density, education and of...

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Ready for the 4-day Week?

Graham Birkenhead, February 28 2023

The UK has recently carried out a trial-based study into the practicalities and impacts of a 4-day week - and the results are just in. The idea of a 4-day week has been around for quite a long time - with much anecdotal evidence suggesting that there could be considerable benefit.   This latest trial involved over 70 companies of all sorts and...

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