CMA Management articles from May 2005

CMA Management archives from May 2005

New governance rules?(from the editor)
May 1, 2005... In March, Claude Lamoureux was, once again, doing his best to make life interesting for corporate Canada. He suggested that Ottawa should demand governance changes at Bombardier Inc. as a condition for supporting the company's plans for a new...

Your Payroll Privacy Questions Answered.(Understanding how to protect, attract and enthuse your employees)(Brief Article)
May 1, 2005... On January 1, 2004, the final phase of the implementation of the Personal Information Protection and Electronic Documents Act (PIPEDA) came into force in Canada. This act applies to the collection, use or disclosure of personal information in...

Business Critical.(Understanding how to protect, attract and enthuse your employees)(Brief Article)(Book Review)
May 1, 2005... Despite investing time and resources in workplace diversity, too few Canadian organizations successfully attract, develop and promote visible minorities, the fastest-growing segment of Canada's labour force. To help organizations make the...

Innovation at the Speed of Laughter.(Understanding how to protect, attract and enthuse your employees)(Brief Article)(Book Review)
May 1, 2005... Improvisation demands of its practitioners seemingly endless innovation. The art is naturally suited to those unafraid to take risks in front of a crowd, unintimidated by what could be a very bad idea. And they may not be risking their careers...

Financial services falling behind in risk management.(New and noteworthy information you can use)
May 1, 2005... As financial services institutions around the world face escalating exposure to risk, a new survey finds that Canada and the U.S. lag behind the rest of the world in their ability to deal with increasing risk. Factors such as mergers,...

Cash incentives big for fast-growing private U.S. companies.(New and noteworthy information you can use)
May 1, 2005... PricewaterhouseCoopers' Trendsetter Barometer interviewed CEOs of 355 privately held product and service companies identified in the media as the fastest growing U.S. businesses over the last five years. The surveyed companies range in size...

U.S. Jobs Creation Act changes tax landscape.(New and noteworthy information you can use)
May 1, 2005... The American Jobs Creation Act was signed into law in October 2004 and, according to a new report from Ernst & Young, is the most comprehensive corporate tax law in the U.S. in almost 20 years. Companies with operations in the U.S. need to...

Accountability, privacy and education hit marketing and sales.(New and noteworthy information you can use)
May 1, 2005... Deloitte recently announced its top Customer and Channel Strategies Predictions for 2005, which focuses on achieving an increase in marketing and sales accountability through innovation, responsibility and measurement. "For 2005 and...

Inauguration of UQAM's Chair in financial services management.(New and noteworthy information you can use)(University of Quebec (Montreal))
May 1, 2005... The Ecole des sciences de la gestion (the "School") of the Universite du Quebec a Montreal (UQAM) recently inaugurated its Chair in financial services management. In attendance were the rector of UQAM, Roch Denis; the Chair's financial partner...

Highly reliable organizations in Canada.(New and noteworthy information you can use)
May 1, 2005... In the March issue of CMA Management, the article "Perils of the Plan" introduced the key characteristics of highly reliable organizations (HRO). The authors have developed measures for the five signature features of HROs and are investigating...

New software.(New and noteworthy information you can use)
May 1, 2005... Visit www.managementmag.com for more information on the following software and applications packages: * Hyperion's Compliance Management Dashboard * NetSuite's NetCRM--Services Edition

The Stylin' Tablet PC.(HIGH TECH)(Brief Article)
May 1, 2005... Adding a third model to its Stylistic series of Tablet PCs, Fujitsu Siemens recently announced the introduction of the ST5022 in the European market--a lightweight model weighing in at 1.55 kg with an A4 footprint. Sharing the specifications of...

A need to know basis: although new privacy rules have been in place for more than a year now, many companies still aren't managing the issue properly. Cases placed before the Privacy Commissioner of Canada offer a glimpse of where companies are going wrong.
May 1, 2005... Imagine the surprise employees at an air travel company experienced when a voice recorder duct-taped to the underside of a table fell to the floor while they were in the middle of a conversation. A manager had suspected a group of employees of...

Building an industry cluster: although Alberta's technology sector is overshadowed by the province's oil and gas and agricultural industries, it may yet become a formidable force. With the development and expanding use of unmanned vehicle systems worldwide, the province is positioning itself for what might be the biggest thing since the biotech boom.(Industry Overview)
May 1, 2005... The unmanned vehicle system (UVS) industry is one you probably haven't heard much about--and for good reason. Its main purpose to this point has been to supply systems for use by the military: remote-controlled vehicles used for demining work...

Destination hub: Leo Ledohowski, CMA, FCMA, builds his diverse brand by targeting everyone. Can you be everything to everybody? Yes, he says, if you do it right.(PROFILE)(Canad Inns)(Cover Story)
May 1, 2005... To call Leo Ledohowski, CMA, FCMA, a hotelier seems inadequate. The president and CEO of Canad Inns, the largest player in Manitoba's regional hotel market, did welcome 5.5 million customers last year to his company's 8 locations, but going to...

A question of loyalty: loyalty programs can be a boon to business, but make sure the tax considerations are handled carefully.
May 1, 2005... Nowadays, everybody's wallet is bulging with retailers' loyalty cards, or their key chains look like they belong to a dungeon master, what with all the extra key fobs attached to them. It seems there is an epidemic of loyalty or points programs...

What you don't know can hurt you: Business Intelligence was once a "big company thing," but this is no longer the case; a new generation of products has made it possible to rein in the reporting chaos that exists in many mid-sized organizations. This is causing a growing number of Canadian companies to take a serious look at how they report and analyze critical business information.(information technology)
May 1, 2005... As a term, "business intelligence" (BI) sounds like a meaningless buzzword that could, with a bit of imagination, apply to almost any aspect of IT. Ironically, BI is all about precise definitions and accurate information. From a management...

Greener pastures: Canadian biotechnology report calls for regulatory changes to boost industry potential.(government issues)
May 1, 2005... Canada's biotechnology industry is maturing and growing. But to develop effectively, the sector needs a game plan, and a new report by the Canadian Biotechnology Advisory Committee (CBAC) might offer the answer. It calls on the federal...

Improved reporting in Bolivia: CMA Rocky Dwyer takes some time out to share his skill set for a good cause.(global view)
May 1, 2005... Throughout their training and their careers, CMAs develop diverse skill sets that help companies grow and compete in the marketplace. Adopting those skills to novel situations is something that members are encouraged to do--and many are doing...