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Articles on business innovation

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To improve its ranking and return on innovation investment, Canada needs to update its outdated research and development model to attract more social scientists. (Shutterstock)

Hiring more social scientists could be the solution to Canada’s innovation issue

Canada’s innovation problem stems from an outdated research and development model. It is time to redesign the research department to include more social scientists and fewer technocrats.
Sometimes holding onto traditions can be a hindrance to the success of family businesses, but there are ways to innovate while also honouring them. (Andrea Piacquadio/Pexels)

How to manage traditions for the continued success of the family business

Traditions shouldn’t be thrown out since they often provide a vital foundation for the family business. But they also shouldn’t be rigidly enforced.

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