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The constancy of change.(from the editor)
A few months back, one of our readers e-mailed to ask if we'd consider writing an article about the strong Canadian dollar--how different companies have been affected by it, and how they're adapting. Since that e-mail, the dollar has taken a dip, and Canadian businesses have once again been dealing in a different market environment. This didn't change our story much, it was just a good reminder of how important strategic management is, and how nimble a business has to make itself.
"The pursuit of competitiveness is relentless," says Douglas Dodds, CMA, FCMA, executive VP and chief strategy officer for Maple Leaf Foods Inc. "There's always improvement that is taking place somewhere in the world." If you can't keep up, he suggests, your business isn't going to survive. To read the whole story, "Canadian dollar blues?" turn to page 22.
Transfer pricing is a very effective way in which to manage physical and intellectual capital, if it is handled correctly. But transfer pricing rules affect different industries in different ways. Understanding how it affects your organization is critical. To learn more about how it affects a number of Canadian industries, turn to "Transfer pricing: industry challenges" by Dale C. Hill, CMA, on page 26.
Staying nimble can be difficult if your company is affected on the inside by ineffective habits and routines. These persistent behaviours ...
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Source: HighBeam Research, The constancy of change.(from the editor)