Canadian Women in Wealth: A financial golden age has arrived

bmoWomen have made incredible strides, both professionally and personally, in the last half-century. They are better educated, have greater responsibility in the corporate world and are leaders in many professions. Despite the professional and financial successes that women in the workplace have earned in recent generations, they are still facing personal issues and unresolved challenges. BMO’s report, Women in Wealth explores ideas and strategies to help today’s Canadian woman prepare for a more confident financial future.

What Kind of Retirement Do You Want?

AXA Ready to Retire Graphic

AXA is now the exclusive provider of retirement planning to WPO members.  With the support of a dedicated Retirement Program Specialist, you not only will receive expert insight on changing tax laws that can impact retirement savings, you also will receive help designing a plan that fits your business needs.

Both you and your employees can visualize what retirement might look like in a whole new way with AXA’s retirement planning tool, Ready-2-Retire.  Create a personal retirement profile with this 15-minute interactive tool that can be referenced easily whenever a decision needs to be made about retirement.

Visit Ready-2-Retire or call 800-523-1125, Option 3, Department 2119, and schedule a complimentary consultation with AXA and be sure you’re getting what you need for your business.

Use This Simple Test to Set Your Company Apart

06_30_15 HBR Blog

In Roger L. Martin‘s insightful article for the Harvard Business Review, “The First Question to Ask of Any Strategy” he gives a simple and straightforward approach to evaluate any business decision.

“The test I apply is quite simple. I look at the core strategy choices and ask myself if I could make the opposite choice without looking stupid. The point is this: If the opposite of your core strategy choices look stupid, then every competitor is going to have more or less the exact same strategy as you.”

Click here to read the entire article.

Healthcare Supply Chain

UPS is a WPO Sponsor

A healthcare supply chain can comprise 50-60 percent of a company’s total costs, control 100 percent of all inventory, and usually provides the foundation for all revenue generation. Despite the critical role of the supply chain, findings from the 2014 UPS Pain in the (Supply) Chain survey showed that only 36 percent of healthcare logistics executives have adequate supply chain strategies and contingency plans in place. Read Steps to Healthcare Supply Chain Success to learn how to deliver supply chain excellence.

Have a Healthy Disregard for the Impossible

Janet Odgis, President of Odgis + Co, Margo Georgiadis, Google’s President of the Americas, and Carol Picarro, President of U.S. Chemicals

Guest Blog post by WPO New York VI Chapter member, Janet Odgis, President & Creative Director, Janet Odgis & Company Inc.

Have a healthy disregard for the impossible 

What’s the best way to accomplish your strategic goals? Addressing the Women Presidents’ Organization at Google’s New York City headquarters, Margo Georgiadis, Google’s President of the Americas, suggested that a healthy disregard for the impossible is key.

Ask someone to name Google’s main competitors, and they’ll probably list Facebook, Apple, and Amazon. Not so, Georgiadis said. Facebook is a social networking company, while Apple develops hardware and software; Amazon focuses on selling products. But from its beginning, Google has positioned itself as an information company, dedicated to using data to build accessible, easy-to-use tools and services.

Georgiadis suggested that anyone could take lessons from Google’s history and philosophy to evolve their own companies. Whenever she sits down with an entrepreneur to talk business, she always begins with the fundamentals. What does the entrepreneur want to accomplish, and why does he or she want to accomplish it? What’s the company’s overarching mission, and how can success be measured?

In order to complete that mission in a quantifiable way, companies must be transparent, with clear lines of communication between those in the executive suite and those carrying out the various aspects of the business. From top to bottom, every employee must possess a willingness to adapt to changing circumstances, and seize upon new opportunities with speed and agility.

Most of all, Georgiadis added, companies and entrepreneurs must keep learning. It’s only by acquiring new knowledge, in conjunction with the aforementioned agility and openness, that a company can re-imagine itself into a more perfect form, and ultimately make its customers’ lives better. While that might sound like an intimidating—even impossible—goal, it’s one well within reach.

So if you want to re-imagine your company, remember these 6 key takeaways on how Google does it:

1. Ask WHY. What is the purpose? How can it make peoples lives better?

2. What’s the best way to accomplish your strategic goals?

3. How can success be measured? In order to complete that mission in a quantifiable way.
4. Companies should be transparent, with clear lines of communication between everyone.
5. Seize upon new opportunities with speed and agility.
6. Companies must keep learning.

ReImagine Everything