May 19, 2020

3 reasons to build a stronger business team

Business
Canada
employees
Leadership
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3 min
3 reasons to build a stronger business team

As a business owner, one of your main goals should be to form a skilled, hardworking team. Your employees represent you and your company; therefore, it’s important to find those who have the same goals and work ethic as you.

RELATED TOPIC: Grow your business with these 3 tips

Of course, once you’ve gathered and officially hired your team, your job is only half done. It’s your responsibility to train your employees and motivate them. There is no better way to accomplish this task than with team building activities.

Remember: As a business owner, your most valued asset is your employees — so take care of them!

The following tips are different reasons as to why you — the CEO — should take time to focus on team building skills at the office. After all, you’re the leader of the group, so act like it!

RELATED TOPIC: Discover new ways to build a successful business

Are you communicating with your staff?

As the boss, make sure you’re communicating with your employees. It’s your duty to create an environment where people feel comfortable voicing their ideas and opinions. You want your worker’s voices to be heard.

Take time to create group activities or exercises that promote group discussions. Your employees should get to know one another and feel comfortable talking in front of each other. Improving office communication can strengthen office relationships and in turn, the quality of work that is done.

Are you motivating your staff?

Building a team and leading a team are one in the same. You don’t want to be overly forceful with your employees, but you should always do you best to motivate them. Inspire your workers to always do their best and go that extra mile.

Confidence is key, too! If you’ve successfully created a safe and welcoming environment (the previous tip), then your employees will be more open to express their ideas and opinions. The more confident your team is, the more motivated they will be to take on more challenges and work harder to achieve goals.

Are you developing skills with your staff?

As mentioned earlier, hiring the perfect team is just one step of building a successful business — you also need to take the time to develop certain skills with your staff.

Not only do you need to teach your employees various skills in order for them to perfect their profession, but you want your staff to be able to work together to solve problems and reach goals.

In order for this to happen, you need to break the barrier(s) between yourself and employees. You may be the boss, but you still don’t want to create a gap. Developing skills and creating group exercises can promote collaboration amongst colleagues, which will boost company morale.

Companies doing it right

There are so many companies throughout Canada that are doing it right! To name a few, Campbell Company of Canada, Nature’s Path Foods, Inc. and Rogers Communications, Inc. all provide a friendly, safe and collaborative working environment.

RELATED TOPIC: 3 tips to help boost company morale without much money

[SOURCE: Red Shoes PR, Inc.

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Jun 10, 2021

G7 Summit guide: What it is and what leaders hope to achieve

G7
G7Summit
Sustainability
EU
3 min
Business Chief delves into what the G7 is and represents and what its 2021 summit hopes to achieve

Unless you’ve had your head buried in the sand, you’ll have seen the term ‘G7’ plastered all over the Internet this week. We’re going to give you the skinny on exactly what the G7 is and what its purpose on this planet is ─ and whether it’s a good or a bad collaboration. 

 

Who are the G7?

The Group of Seven, or ‘G7’, may sound like a collective of pirate lords from a certain Disney smash-hit, but in reality, it’s a group of the world’s seven largest “advanced” economies ─ the powerhouses of the world, if you like. 

The merry band comprises:

  • Canada
  • France
  • Germany
  • Italy
  • Japan
  • The United Kingdom
  • The United States

Historically, Russia was a member of the then-called ‘G8’ but found itself excluded after their ever-so-slightly illegal takeover of Crimea back in 2014.

 

Since 1977, the European Union has also been involved in some capacity with the G7 Summit. The Union is not recognised as an official member, but gradually, as with all Europe-linked affairs, the Union has integrated itself into the conversation and is now included in all political discussions on the annual summit agenda. 

 

When was the ‘G’ formed?

Back in 1975, when the world was reeling from its very first oil shock and the subsequent financial fallout that came with it, the heads of state and government from six of the leading industrial countries had a face-to-face meeting at the Chateau de Rambouillet to discuss the global economy, its trajectory, and what they could do to address the economic turmoil that reared its ugly head throughout the 70s. 

 

Why does the G7 exist?

At this very first summit ─ the ‘G6’ summit ─, the leaders adopted a 15-point communiqué, the Declaration of Rambouillet, and agreed to continuously meet once a year moving forward to address the problems of the day, with a rotating Presidency. One year later, Canada was welcomed into the fold, and the ‘G6’ became seven and has remained so ever since ─ Russia’s inclusion and exclusion not counted. 

 

The group, as previously mentioned, was born in the looming shadow of a financial crisis, but its purpose is more significant than just economics. When leaders from the group meet, they discuss and exchange ideas on a broad range of issues, including injustice around the world, geopolitical matters, security, and sustainability. 

 

It’s worth noting that, while the G7 may be made up of mighty nations, the bloc is an informal one. So, although it is considered an important annual event, declarations made during the summit are not legally binding. That said, they are still very influential and worth taking note of because it indicates the ambitions and outlines the initiatives of these particularly prominent leading nations. 

 

Where is the 2021 G7 summit?

This year, the summit will be held in the United Kingdom deep in the southwest of England, with Prime Minister Boris Johnson hosting his contemporaries in the quaint Cornish resort of Carbis Bay near St Ives in Cornwall. 
 

What will be discussed this year? 

After almost two years of remote communication, this will be the first in-person G7 summit since the novel Coronavirus first took hold of the globe, and Britain wants “leaders to seize the opportunity to build back better from coronavirus, uniting to make the future fairer, greener, and more prosperous.”

 

The three-day summit, running from Friday to Sunday, will see the seven leaders discussing a whole host of shared challenges, ranging from the pandemic and vaccine development and distribution to the ongoing global fight against climate change through the implementation of sustainable norms and values. 

 

According to the UK government, the attendees will also be taking a look at “ensuring that people everywhere can benefit from open trade, technological change, and scientific discovery.” 

 

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