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One in four Canadian companies blocks access to social networking sites, citing security as the primary reason. The idea is that when employees visit these sites their IT systems are exposed to hackers or viruses, thus compromising their IT systems. But contrary to what many would expect, the results of our last TELUS-Rotman survey found that in fact organizations blocking these sites for security purposes had worse performances vis-à-vis IT security, not better.

 

This result can be explained as part of our general theme: even if an organization installs the most sophisticated of systems to protect their information and IT platforms, this security will be compromised if employees are not well trained and informed on the risks associated with their activities. Many breaches are the result of naivety or negligence on the part of insiders (ie. employees). A similar theme is at work here.

 

The objective of company policies that block access to social networking sites is to enhance security. However, with social networking an increasingly important part of business and personal lives, management need to be prepared for  this new phenomenon, not suppress it.

 

The evidence shows that when these sites are blocked, employees circumvent security controls using a multitude of means, thus exposing firms to more risks. Since these activities are done subversively, security managers/ the organization have another challenge in monitoring those activities and hence these activities cannot be properly secured.

 

It is important for managers to train employees on the risks of accessing any site, or more generally of their online activities. Simply because an organization rules that particular sites cannot be visited during the work day does not mean that employees follow this rule.

 

There is another important component to this idea and it relates to implicit contracts and employee commitment. When an employee is allowed, within limits, to access social networks at work, they will then be less likely to rush out of work when their shift ends, but rather will trade with the employer: "you cut me some slack to check my social networks during work and I will stay at work for longer to get the job done", or, "I will just work harder to ensure the work gets done."

 

So an implicit contract emerges between the employer and the employee. Of course, there will be an optimum amount employees should be allowed to access social networks at work and this would be company and industry specific.

 

I believe that the answer to the question of blocking/not-blocking access is to allow access, but of course this must come with training - employees have a responsibly to the organization to behave within the guidelines, and also to trade access for commitment to the company.  It all comes back to the issue of training employees on the organization's risk profile and how the activities of employees relates to that profile of risks.

 

Given social networking such an integral part of our lives today organizations must embrace them, otherwise sub-optimal outcomes will emerge.

 

This summer, TELUS Talks Business bring you Security 360, a one-of-a-kind limited series on information security from Dr. Walid Hejazi, professor of international business at Rotman School of Management and a world-renowned expert on IT security. Dr. Hejazi has primed the TELUS-Rotman Joint Study on Canadian IT Security Practices on behalf of Rotman since its inception and has unique perspective and insight into IT security in Canadian business. Your comments and questions are welcome here.

 

 

Attention IT security professionals – your perspectives matter. For the 4thstraight year, TELUS Security Labs and the Rotman School of Management at the University of Toronto, are partnering to conduct a study on Canadian IT security practices. It’s the only original Canadian research of its kind. Add your perspective to the research (input is anonymous) and you could win a BlackBerry Playbook and receive a complimentary copy of the results. Click here to take the survey: http//www.telus.com/securitystudy

 

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As we said in last week's Send in the Clouds: Helping you develop a cloud storage strategy, growth of electronic data is due to a myriad of factors and encompasses the creation of documents and records generated through the collaboration and communications of all stakeholders of an organization. Businesses across industries rely on the availability and accessibility of these systems and the information stored in and delivered through them.

 

While only part of the data is important at any given moment during business-as-usual activity, greater amounts (arguably many times over) of the data generated needs to be backed-up for situations in which information systems are compromised due to an unplanned event.

 

Almost every organization performs some form of data backup to protect itself against events ranging from accidental deletion of data, a system malfunction or a more significant event such as a fire. The techniques used for backup, and the rigour implemented to secure and test backups, vary greatly between organizations and depends on their size, budget, IT governance and in some cases external demands and regulations.

 

Data growth presents complexity and challenges traditional approaches to data backup

 

Last week I mentioned a few resources that illustrate how much data humanity is creating in this “information age”. Another interesting phenomena, some even dub it as a “technological wonder”, is the amazing decrease in the cost of disk storage.

 

According to this blog http://www.dailymarkets.com/economy/2011/06/10/infomation-age-2-0-the-cost-of-hard-disk-space-has-decreased-by-almost-1-5m-times-since-1980/article, the cost of disk decreased over the last 30 years by 1.5 million times! Unfortunately however, while the increase of information generated may be offset by the shrinking cost of disk, it does not result in a “zero-sum-game.”

 

Data growth comes with a hefty hidden cost that is beyond the sheer cost of disk or the technology that supports your backup solution. Ask any IT administrator that deals with the challenges that come with managing a backup system. They will tell you about the complexity involved in backing up huge amounts of user data, the unbearable difficulty of being able to classify data that is important for safe keeping or the daunting task of trying to recover data that spans over numerous instances of daily or weekly data copies.

 

They will probably not share with you that the above-mentiond and other challenges are actually preventing them from doing what is considered a vital IT task - the routine testing of backups to ensure that your corporate data is recoverable just-in-case...

 

Online backup has taken over

 

A number of technologies have evolved over the years to provide organizations with a plethora of backup options ranging in cost and reliability. Traditional approaches to backup have used tape-based solutions, often combining the ability to periodically transfer these tapes for off-site safe keeping thus providing an extra level of insurance to address the most damaging events impacting ones facilities and systems.

 

Many organizations have realized the operational challenges and mounting costs tape back-ups create and are opting for other solutions such as disk based approaches or dedicated backup appliances.

High speed connections and the intelligence of backup software that distinguishes between stale data and the “fresher“ incremental data led to the development of numerous online backup services. As you can see from this story from Google http://www.google.com/trends?q=tape+backup%252C+online+backup&ctab=0&geo=all&date=all&sort=0Trend that tracks search term popularity, “tape backup” has been steadily giving way to online backup.

 

Cloud storage, by virtue of being a remote and scalable storage tier, can provide an effective online backup target for many organizations, especially small and medium businesses, who seek a cost effective and secure backup target for their production data.

 

What about long term data retention?

 

While the backup of everyday production data is important for most businesses, some organizations need to store certain information assets for several years, not expecting (or hoping) to ever use it again. Such requirements may be guided by the business of the organization, corporate law governing the company, industry regulations or in some cases customer specific obligations.

 

Data archiving (and discovery, which is a whole advanced subject of its own) doesn’t always need to be a complex or costly undertaking. However. adequate thought has to be given to developing an archiving policy and a solution that supports the compliance needs of the business. The compounding volumes of data and the requirement for off-premise safekeeping can make the case for including cloud-based digital archiving in an organization’s data archiving strategy, either in addition to or as an alternative to physical retention of tapes, disks or document hard-copies.

 

How does Cloud Storage for data backup work?

Fundamentally, there are two key components required to perform data back-up (and archiving) to a cloud storage service - a back-up process and a back-up destination.

  1. First in order for back-up to work, irrespective of the particular destination in use, some form of back-up process, whether a back-up agent or software is required to scan source data in the existing information (or file) system and transport it back and from a back-up repository.
  2. Second, the cloud storage should be defined as a valid back-up destination the back-up process could use to store new data in, replace existing data with newer versions and retrieve data from.

 

One of the compelling reasons for cloud services, cloud storage included, is the accessibility of these services on a multi-tenant basis by a large number of organizations. As such, the most compelling cloud storage services would be those that would be easily configured as a destination for the back-up process in use by the organization today or for any of the mainstream online back-up software solutions available in the marketplace.

 

Characteristics of data back-up and archiving on the cloud

 

For a cloud storage service to be used for data back-up and archiving there are several characteristics worth considering. These are: interoperability, security, redundancy, on-boarding and recoverability.

 

  1. Interoperability. Unless it is part of a holistic online back-up solution, the service should complement an organization’s existing backup toolset and policy such that it acts as a backup or archiving destination in and of itself. The simplest form of interoperability is when the service is presentable to the company’s network as a logical disk drive or server.
  2. Security. Comprehensive security covering the security layers used for the link connecting the organizations network with the service and logical security that ensures segregation of different customer data sets.
  3. Redundancy.A service that is architected with redundancy significantly reduces the risk of failure and business exposure for subscribers. Some organizations may also benefit from varying degrees of data protection of backups, including mirror copies and geographic replication across different nodes of the cloud service.
  4. Onboarding. Performing the first backup through the network may not be feasible. The service should allow organizations to provide a physical device containing the first full backup of their data through a bulk load service.
  5. Recoverability. Restoring files from backup should be as straightforward as drag-and-drop. When the amount of data to be recovered is too large to transmit over the network the service should allow for the shipment of a device to the client.

 

From our perspective, cloud storage lends itself very well for data backup and archiving. In coming weeks we will discuss additional applications for cloud storage and cover other important considerations as we try to sum up the associated benefits and risks. If you have any specific questions about the cloud or what you're reading here, please leave a comment.

Shawn Myron is the director of products and services for TELUS hosting and data centres.

1,069 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, cloud_computing, im, shawn_myron, network_management, the_cloud, data_storage
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LinkedIn, Now What?

Posted by LindaOJ Jun 28, 2011

LindaOJ here again, and in this blog I want to take you back in time to when I first discovered social media. I was poking around on the Internet and discovered Ecademy, which at that time was a website where I could connect with people mostly in the UK; it has now grown worldwide. I did my best to focus on how to use the website and learn how I could connect and grow my business. The year was 2003 and I had been building my first business, Motivational Steps, since 2001 and had recently founded the Small Business Community Network. I felt overwhelmed and decided to concentrate on my face-to-face networking and finding ways to market my businesses without spending too much money. If only I knew then what I know now I might have been rich and famous!

 

I want you all to learn from my mistakes; not regrets, but learning experiences. Think of the process of building your network as being similar to the way in which we build friendships. Why do you forge friendships with certain people? Are they a positive or negative influence on you? Here are a few questions you might ask yourself when making new friends on a personal level:

 

  • Do I need any new friends? We normally ask ourselves this question as we get older, our lives are busier and it takes a bit more effort to really get to know the people we like, can trust and want to spend our personal social time with. Most people have at least 2 very old friends they grew up with and know almost as well as themselves.
  • Are my new friends a good influence or do they tend to set a bad example? We have all been in that situation; I know I have. We meet someone and they invite us to do something we are not comfortable doing. One example might be drinking too much when we normally like to stop after a couple of drinks. Do we feel like we have to follow their lead or can we speak up and be different?

 

On a business level it is even more important deciding who we want to connect with or call our “friends”. This is where LinkedIn in particular plays an important part in building your network and can lead you to some wonderful opportunities, if you make the right choices. For those of you who are not familiar with LinkedIn please visit this link: http://press.linkedin.com/about and it explains really well what is offered. In a nutshell I like to think of LinkedIn (and these are my own words) “as my online resume; my window to the world; and a really great way to let people know who I am; what I do; my expertise; and a wonderful way to make connections and help others”.

 

So, if you remember when I attempted to build connections all those years ago I believe I primarily chose a social media platform that I was not familiar with. I did not take the time to research how to use it, what was on offer and how it could help me, or even how long it might take. I was very careful when DaveOJ, my husband and business partner, introduced me to LinkedIn. I wanted to learn as much as possible about it before I jumped in. September 26, 2006 is when I made my first profile on LinkedIn and that is 4 years after LinkedIn came into being. Over the years I have been slow and sure and did my best to use LinkedIn to my benefit:

 

  • My profile has undergone many changes over the years. I update my photo when needed. There is nothing worse than clinging to an old photo that looks nothing like you and if you do meet people face to face they are surprised you look so different! I am always amazed when people fail to put a photo on any of the social media sites and you can only see what appears to be a shape of a person with no face and no identity. Does this mean the person is shy or is hiding and prefers people do not know what they look like? If you are building a profile on-line and you are not able to use your logo as your business identity, no photo could mean lack of trust and people not wanting to go the step further and get to know you.
  • When building your profile on any site, but in this case on LinkedIn, make it a fantastic profile. Have pride in it and you are allowed to show off and say how good you are. Always be honest: don’t try to be someone you are not or pretend to have expertise you don’t. You will be found out at some point if you are not completely honest. You can continue to build your profile over time and people appreciate this.
  • Now is the time to start connecting to people! Whether you are working for another organization or own your own business it is beneficial to know whom you want to connect to and why. If your company is global then it might be worthwhile connecting to people in lots of different countries. If not, and your business is based locally with your customers close at hand, it is easier to manage your connections if you choose to concentrate on the local area.

 

It’s really not a race to see who can get the most connections! I like to think it’s about quality not quantity.  Imagine a wall full of trophies, and every day you have to polish those trophies, and now and then you can show them off, but in the end what use are they? The ‘wall of trophies’ in this case contains our LinkedIn connections, which we are proud of. We don’t want to ignore those connections, or forget to keep in touch with them. In reality connecting on LinkedIn is no different than sitting opposite me in a coffee shop, where we would chat and find out about each other. As the relationship grows we find ways we can help each other. If we line up our connections on LinkedIn on our trophy wall and never speak to them what is the point?

 

I am a stickler for etiquette on-line and off. Would you really come up to me if you were a complete stranger off the street and ask me to go to the movies with you? I hope not, I would run a mile! Would you approach me in a coffee shop and ask me to recommend you to one of my connections if I had no idea who you were? (Please say no!) So transfer those thoughts to LinkedIn and say to yourself, before I ask someone for anything at all I need to have an idea who they are and why I feel I can approach them. Some reasons you might approach me on LinkedIn could be:

 

  • You want to connect to me;
  • You want a recommendation from me;
  • You want to sell me something;
  • You want to invite me to an event;
  • You want me to join your group on LinkedIn

 

There are ways to go about connecting on LinkedIn and believe me, I did not make those rules but I think they are there for a reason. Here is what LinkedIn themselves have to say:

 

You can ask someone to join your network by sending them an invitation to connect. If they accept your invitation, they become a 1st-degree connection. We recommend that you only send invitations to people you know well.

 

In order to connect to someone on LinkedIn, once you select the name of the person and click, you are asked for the nature of your relationship with them:

 

  • Are you a Classmate?
  • Have you done business together?
  • Are you a friend?
  • ‘Other’?
  • Don’t you know the person you re connecting too?

 

If your answer is: “you don’t know the person you want to connect to”, well it’s your choice but at least have a good reason to want to connect with that person. I do get annoyed when people click the ‘friend’ option and I have no idea who they are… we are certainly not friends!

 

If you are a member of groups on LinkedIn you can connect to every member of those groups if you want to and it is quite easy to do, but why would you want to?

 

Another way to connect to people is to ask one of your current connections for an introduction. I like this one, it works for me. Again you might be asked by the person you want to connect with why you want to connect to them, so again, have a good reason.

 

Once you have your connections and you are happy, you are feeling comfortable, look around LinkedIn and find ways to grow your credibility. Answering questions in your area of expertise is always a great way to do this. Offering recommendations to people you connect with is a great way to support your connections, but please don’t do the ‘tit-for-tat’… if I recommend you then you have to recommend me – that is a no brainer. Earn those recommendations and for sure ask for them if you know they are deserved.

 

Recruiters use LinkedIn to find the perfect match for job vacancies. If you are looking for a job be on your best behaviour and make sure you are showing up as excellent and not mediocre or you will be overlooked.

 

I think of LinkedIn as a work-in-progress where I am always learning something new and finding new ways to benefit me. It takes work at the beginning (whilst you are building your profile etc.) but you will be able to manage and maintain LinkedIn easily once you get into the swing of things. You can go away and forget about it if you want, but when you come back no one will really care, sad but true.

 

This is a subject I could go on and on about and recently I have been invited to offer presentations on LinkedIn to small business owners more often than not. In the end though my advice is just do it, after researching like I did what works for you.

 

If you do have any questions I would be delighted to answer them and also any tips to share, please post your comments here.

 

"Efficiency is doing things right; effectiveness is doing the right things."

- Peter Drucker

 

 

Linda Ockwell-Jenner is the Social Sweetheart. She is President of Motivational Steps and Co-Founder of the Small Business Community Network (SBCN) based in Waterloo Region. Find out more about Linda at www.motivationalsteps.com and www.sbcncanada.org

863 Views 0 Comments Permalink Tags: social_media, linkedin, small_business, connections, lindaoj, recruiters, questions
3

If you've ever lost a smartphone, you're well aware that the cost to replace the hardware should be the least of your worries. The data that resides on the smartphone -- including potentially sensitive company information -- isn’t something you want falling into the wrong hands.

 

Locking a smartphone with a password isn't enough. To really secure phones, many manufacturers and third-party software developers are offering ways to remotely wipe the data from a lost or stolen smartphone.

 

Or you can see it on a map to retrieve it – though if it's stolen, you should give the information to the authorities rather you trying to handle it yourself.

 

Here’s what you need if you’re using an iPhone, BlackBerry, Android or Windows Phone 7 device.

 

iPhone

 

Find My iPhone (apple.ca) is a free service for iPhone 4 and iPad owners, and is part of the $109/year MobileMe package for iPhone 3G and 3GS users (soon to be replaced with iCloud).

 

First, register your iPhone by visiting Me.com or by using the free Find My iPhone app. If your iPhone is lost or stolen, you can log in to the website (or on the app through another iOS device) to remotely wipe the iPhone’s data, if desired.

 

Alternatively, you can have it ring loudly, even if the device was on mute (in case, say, you left it under a pile of clothes), type a text message that appears on the iPhone's screen (e.g. "Please call me if found: 604-555-1212") or you might want to locate the phone on a map using the device's A-GPS radio ("assisted" global positioning service technology, which also uses cellular connectivity along with satellites that hover above the earth).

 

Find My iPhone - a.jpg

 

Find my iPhone - b.JPG

 

BlackBerry

 

Similar to Find My iPhone, BlackBerry owners can download the free BlackBerry Protect (BlackBerry.com) app to sign up for the service.

 

If your BlackBerry is missing in action, you can log in to a protected website to see the smartphone on a map and remotely scrub its data, so no one can access it. As a proactive measure, BlackBerry Protect – as its name suggests – also lets you wirelessly back-up your contacts, text messages, calendar and bookmarks; this is all done automatically after you choose how often you'd like to back up your data: daily, weekly or monthly.

 

BlackBerry Protect also works on multiple BlackBerry smartphones your family or business might have.

 

There are also a few free third-party tools available, too, such as SmrtGuard and BuddyGuard Pro.

 

BlackBerry Protect - a.jpg

 

BlackBerry Protect - b.jpg

 

Android

 

Google’s popular operating system doesn’t have its own remote-wipe service, but there are multiple ways to remotely wipe it should your Android become lost or stolen.

 

If you’re running the free Google Latitude, for instance, you can always check your smartphone’s location online, but you can’t remotely wipe its data. For that capability, look for a third-party app such as Mobile Defense or McAfee WaveSecure.

 

Windows Phone 7

 

As with Android, Microsoft does not offer an in-house solution for remotely locating or wiping data from lost or stolen smartphones.

 

But if you own a Windows Phone 7-powered device, you can download apps like McAfee WaveSecure (see above) which is free to try but $20/year to buy.

 

A tool called Windows Live for Mobile will soon support wireless back-up, remote wipe and map tracking, as well.

 

McAfee WaveSecure - a.jpg          McAfee WaveSecure - b.JPG

 

Marc Saltzman is one of North America's most recognized and trusted technology experts. Based in Toronto, Marc currently contributes to nearly 50 publications, has authored 14 books and is the host of CTV News Channel's "Tech Talk," CNN's "Tech Time" and Cineplex's "Gear Guide" (seen in movie theatres across Canada).

1,729 Views 3 Comments Permalink Tags: 10-99, 100+, 1-9, business, blackberry, smartphone, iphone, android, mobility, it_security, marc_saltzman, windows
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Over the last ten years I have talked to hundreds of CEOs of small and medium-sized businesses in the Business-to-Business (B2B) sector about what works and what doesn’t in building a repeatable lead stream for their business and a marketing engine that delivers measurable business results. For a long time I kept hearing about:

 

 

  • Tactics that failed
  • Marketing managers that failed
  • Websites that failed

 

 

So I started to keep track of what CEOs were telling me and devised a list of the attributes of marketing programs that succeed. TelusTalksBusiness has been kind enough to give me a 12 part series to discuss each of the attributes and offer a field guide to help entrepreneurs tackle the marketing within their businesses.


Over the coming weeks we will be discussing via this blog post:

 

  • The importance of a strong value proposition for your business
  • How to map your customer’s buying process to marketing tactics
  • How to build an online engine that delivers leads to your company
  • How to budget for marketing in your business and get the right leadership


Why is marketing of vital importance to today’s small business owner?


Look around you. No matter the size of your business, big or small, new or old, competition is fierce and instantaneous. Companies that fail to answer the question, “why should I buy from you? in a clear and compelling way, find their market share getting smaller and smaller and new business harder to come by.


The ground has shifted significantly for companies trying to grow and compete. As marketing tactics have become more complex, the average CEO has gotten more confused and frustrated. The trap is thinking this is because of the complexity of online marketing and new online tools. Don’t fall into this trap! While complexity is due in part to clutter, confusion and an overabundance of choice, which the internet has produced, the real reason marketing fails is because CEOs and marketing professionals don’t take the time to understand the foundation of marketing success.


The first step to creating marketing programs that succeed, is a compelling and clearly stated value proposition. A value proposition is your deal closer. It explains to people why they should buy from you. The clearer you make the statement, the easier it is for someone to make the decision. If you would like to get a jump start on figuring this out for your business, we invite you to download Chapter of One of the eBook Why marketing fails... and what you can do about it. In this chapter we review how to look at your product or service from the perspective of your customer and how to identify value statements for the sales and marketing dialogue that is the foundation for marketing success.

 

 

Maybe your story sounds like this?


Back in 1999, I was working for a software company that had raised a lot of money from venture capitalists to build out their business plan and attempt to achieve spectacular revenue results that would please shareholders and create an exit strategy for the founders. As vice president of marketing, I had a budget, a working product and paying customers to work with, but the marketing plan we executed in support of the business plan was a bomb.

 

 

What went wrong?


Aside from the perfect storm of bad market conditions, there were some fundamentals missing in the business:


1. Lack of value proposition – we didn’t document why our customers were buying
2. Lack of focus – we were trying to be all things to all people to make a sale
3. Lack of brand – customers didn’t see themselves reflected in the way we presented ourselves in the market
4. Lack of consistency – we’d try something once and then drop it
5. Lack of delivery of repeatable value – every customer project was complex and customized, so it was tough to scale

 

 

As a result, our marketing program did not deliver measurable business results. In 2002, I walked away from the experience determined to do something about. I studied the problem, talked to lots of CEO’s and began testing. Stay tuned in the coming weeks as we go step by step through developing the marketing foundation for your business that will take you through any economy and help you grow your business.

 

 

Marie Wiese of Marketing CoPilot can be found online at www.marketingcopilot.com. You can follow her on Twitter @mariewiese. Marketing CoPilot fills the marketing void for companies committed to building marketing that works. Marie is a 20 year veteran of the B2B marketing world and is currently the Chair of the Board of the York Technology Alliance in the greater Toronto region where she gets to interact with small and medium sized businesses every day.

 

 

 

 

 





856 Views 0 Comments Permalink Tags: strategy, 10-99, 100+, 1-9, business, entrepreneur, small_business, marketing_strategy, medium_business
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In last week’s blog, False Sense of Security: How Can IT Security Breaches Cost Organizations Millions and yet go undetected? we talked about how intellectual property is a source of competitive advantage, and that losing it via an IT security breach comes with a cost.

 

Often, when information systems are compromised, the extent of the breach is uncertain: it is often unknown whether the information that was breached was intentionally targeted, or whether a hacker managed to see that information but really does not know what to do with it, nor has any desire to try to use it.

 

Therefore, IT security professionals focus on the tangible costs associated with a breach: How much did we have to spend to fix the problem? How much did we have to spend to deploy a new patch to prevent the breach from happening again? How much were the costs associated with notifying customers or clients whose information was breached? What were the costs associated with hiring a public relations company to manage the fall out if the breach is public? What was the impact on the company’s business as the web site is shut down for maintenance?

 

These costs are easily quantified, and these costs are the focus of business executives in making decisions on IT security strategy.

 

But what’s harder for the company to understand whether this was a targeted breach and hence whether the information is to be used by someone outside the organization.

 

How does one accurately estimate how much additional revenue would have been generated had the information not been leaked? We took this question, and several others, to Canadian business as part of our annual Rotman-TELUS Study on Canadian IT Security Practices. Through this study we conducted 12 round tables with over 60 senior managers from the public and private sector. These discussions confirmed our doubt that firms often don’t understand or even contemplate the strategic threat that comes when there is a breach which results in the lost of proprietary information.

 

Breaches reduce the direct benefits of innovation and reduce in significant social losses

 

The public good nature of innovation must also be highlighted. Governments have long understood the spillovers that occur form innovation: the benefits extend far beyond the firm or organization undertaking the innovation. Since organizations only take into account the private returns to innovation, there is an underinvestment in innovation. Governments therefore subsidize innovative efforts to achieve the socially optimal level.

 

When IT security breaches reduce the benefits which flow to firms financing the innovation, over the long term, the incentives to undertake innovation is also reduced. As a result, poor IT security strategies will reduce the amount of innovation that occurs in the economy, and hence will reduce economy-wide prosperity over the long term.

 

How to best protect information? Best Practices

 

Our survey evidence reveals an important reality: IT security is not well understood. Many senior managers, including those in the C-level, often delegate and fund responsibility for this function to a group of IT security professionals, and often assume that “they have done what needs to be done.”

 

Our research reveals that C-level involvement enhances significantly IT security performance. In considering the practices of organizations that perform best in terms of both security outcomes, satisfaction, and mitigating the costs associated with security breaches, they have one common ingredient: C-level involvement.

 

As highlighted above, IT security is fundamental to protecting the competitive advantage of many companies, and our research indicates that these efforts are optimized when the C-level is engaged, not when these responsibilities are delegated to those in the IT-security department.

 

This summer, TELUS Talks Business bring you Security 360, a one-of-a-kind limited series on information security from Dr. Walid Hejazi, professor of international business at Rotman School of Management and a world-renowned expert on IT security. Dr. Hejazi has primed the Rotman-TELUS Joint Study on Canadian IT Security Practices on behalf of Rotman since its inception and has unique perspective and insight into IT security in Canadian business. Please leave comments and questions here.

 

Attention IT security professionals – your perspectives matter. For the 4thyear, TELUS Security Labs and the Rotman School of Management at the University of Toronto, are partnering to conduct a study on Canadian IT security practices. It’s the only original Canadian research of its kind. Add your perspective to the research (input is anonymous) and you could win a BlackBerry Playbook and receive a complimentary copy of the results. Click here to take the survey: http//www.telus.com/securitystudy

757 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, it_security, enterprise, rotman_school_of_management, information_security, telus_security_labs, walid_hejazi, rotman_telus_joint_study_on_canadian_it_security
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At a technology conference last summer, Google’s then CEO Erik Schmidt said that we create as much information in two days now as we did from the dawn of man through 2003. Much has been said about the explosive growth of data being generated, consumed and stored. If you’re not convinced, check out this digital universe page from EMC or this cool graphic (which is probably outdated the moment I type this) from Good magazine.


The confluence of internet adoption, digitization of documents and records, pervasiveness of networked devices, data retention regulations and numerous other factors are the backdrop for this phenomenon.

 

You know this. But chances are if you’re charged with storing your organization’s data (or paying for the infrastructure that will support it) you’re confused about how to evaluate the options at hand and make decisions that support your company’s data storage needs effectively, efficiently and securely.

 

Over the next five weeks, we'll walk you through how to evaluate the options for cloud storage. While cloud storage isn’t for everyone, the flexibility characteristics of cloud services and the obvious savings in capital expenditures required translated into an increase in adoption of over 300% since 2010 with some industry analysts predicting worldwide spending on cloud storage will reach $1 billion in 2013.

 

Recognizing different storage needs

 

Here’s what we know: Not all data is created equal. This massive amount of information being accumulated by users and businesses cannot and should not be stored and delivered using the same level of infrastructure and networks.


Many organizations realize that doing so is both operationally and financially unsustainable, and therefore are adopting a multi-tiered approach to data storage.

 

A myriad of storage technologies have been introduced over the years to address different levels of data criticality and performance. These solutions, including disk based backup, data duplication, and a number of others that power our three tiered managed storage offering, allow organizations to combine different grades of platforms and choose the one most appropriate for the type of data, its users and the retention period it require.

 

The next (front)tier of multi-tiered storage


This evolution from single type of storage, to a multi-tier storage approach is now reaching a state in which cost-effective storage services are being considered to complement internal investments in data storage. These capabilities, by virtue of being Internet accessible services, operate beyond the confines of the corporate network, require significantly less ongoing management effort and provide higher levels of flexibility.

 

As a consumer you can benefit from the flexibility an Internet-accessible storage service such as Dropbox has to offer when you required anywhere/anytime to your files. Home users can subscribe to a backup service such as Mozy and more recently store their music collection on Amazon or Apple. These new kinds of utility type services, together with their benefits and risks are not restricted to consumers as more businesses are now considering cloud storage alternatives for their needs.

 

Case in point is one of the early cloud infrastructure providers, Amazon Web Services, who has been operating a service called S3 for several years. This multi-tenant storage service has been the foundation for many early stage and cash strapped companies over the years and is one of a few services being considered a cheap and flexible storage alternative for non critical storage in a growing number of organizations.

 

Internet-accessible and important to mention, multi-tenant, business grade storage services are emerging as viable storage tier for some types of data, projects or applications.


More to come in the next few weeks about evaluating the options for cloud storage, including case studies on cloud storage, the benefits and risks cloud storage and what to consider when choosing a cloud storage provider.

 

Shawn Myron is the director of products and services for TELUS' hosting and data centres.

 

Questions about the cloud and whether it's right for your company? Leave a comment here.

961 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, cloud, it_security, enterprise, it, shawn_myron, network_management, integrated_network_management
0

Calgary’s Stephen Avenue Walk was in a vibrant mood this morning, awash in a sea of red t-shirts and the sounds of local hip hop artist Transit, kicking off the new Calgary Economic Development initiative Calgary: Be Part of the Energy. The campaign, a partnership between Calgary Economic Development, The City of Calgary, and the private sector focuses on attracting and retaining top talent to the city.

 

The launch event saw business leaders and policy makers meet for a press conference and public celebration to give a high energy kick-off to the campaign.

 

As a native Calgarian, I understand the challenge businesses face in retaining talent. Whereas Toronto and Vancouver are seen as cities in which to pursue careers in the arts, finance, or technology, Calgary is perceived as the centre for oil and gas and unfortunately, not much else. Calgary: Be Part of the Energy seeks to alter this perception by highlighting the exciting growth industries, in order to attract innovation and creativity in a variety of sectors.

 

Calgary Economic Development CEO Bruce Graham spoke of the impending labour shortage in the city and the need to diversify the business base in order to complement the energy industry. Calgary Economic Development created the campaign in partnership with the private sector, and seeks to position Calgary as an international centre for business, the arts, and culture.

 

Mayor Naheed Nenshi (@nenshi) shared his excitement at the event. He emphasized the importance of positioning Calgary as an attractive place to live, work, and play, highlighting Calgary’s entrepreneurial spirit and a necessity to attract innovators in a wide range of industries, from oil and gas, to the arts, to technology. Nenshi spoke about the tremendous growth seen in Calgary, with two new office towers nearing completion and several others under construction. With this exciting growth will come opportunity for others to excel in a variety of fields.

 

nenshi.jpg

 

Mayor Naheed Nenshi electrifies the crowd with his enthusiasm surrounding the campaign.

 

TELUS Senior Vice President Monty Carter, a strong supporter of the campaign, recognizes the need for Calgary to attract top talent. TELUS has approximately 3,000 TELUS team members located in Calgary and faces an impending retirement of 35% of the TELUS workforce over the next several years. It will be imperative for TELUS, as well as other companies to attract talented, qualified workers to the city.

 

 

Monty Carter discusses the past, present, and future of TELUS in Calgary.

 

As a young professional, Calgary has offered me tremendous opportunity to build my career. I have been fortunate to make invaluable connections in a city recognized for its friendly culture.

 

 

Martin Studzinski is TELUS team member with a focus on consumer solutions, with interests in design, technology, and education reform.

 

Calgarians – what do you think of the campaign? What’s the best part about working in Calgary? Join the conversation.

797 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, calgary_economic_development, entrepreneur, enterprise
16

Must Watch Video

 

 

Hi I'm Evan Carmichael and today I want to do something a little bit different. Usually I do profiles of famous entrepreneurs and the top lessons you can learn from their success or I may answer a question from one of my readers. My last post was: How to Keep Your Staff, Take Risks, and Find Opportunities Like Gerry Schwartz (One of Canada's Richest Entrepreneurs).

 

Today I want to share a little bit about my story and how I became an entrepreneur and also tell you about a program that really helped give me the confidence to start my business. I'll also share the top three lessons that I learned from that program. I hope you enjoy!

 

My Story

 

So here's a little bit about my story.

 

I've been an entrepreneur for as long as I can remember. The first memory that I have being an entrepreneur is when I was five years old, I convinced my three year old little sister to draw some pictures with me using crayons and then we went door to door trying to sell them. We made our first sale to our neighbour for ten cents and I've been an entrepreneur ever since.

 

Most of the businesses that I had early on didn’t go anywhere. I made a little bit of money but they weren’t real businesses. It wasn’t until high school where I joined a program called Junior Achievement that I really got the confidence to become an entrepreneur.

 

Junior Achievement's Company Program puts a group of high school kids together and they launch their own company from scratch. You have to come up with a product idea, you have to elect a President and Vice President, you have to create a business plan, you have to raise capital - basically all of the things that you have to do to run a real business but you're in high school and you've got some mentors from different companies that help guide you along the way.

 

When I got to university, I remember not having any classes related to entrepreneurship until I got to a fourth year course and in that class I had already done most of the tasks that they were teaching in my Junior Achievement program. I was also already running my business now while most of my classmates were just starting to think about entrepreneurship.

 

So I really give Junior Achievement a lot of the credit for me wanting to start my own business and to the success that I've had as an entrepreneur. To help you grow your business I thought I would share the top three lessons that I have learned from my experience with Junior Achievement.

 

Lesson # 1: You Have to Sell

 

The first lesson that I learned was you have to sell. I was in Junior Achievement for three years and some years we had really good products but bad sales people on our team and we didn’t really go anywhere with the company.

 

In other years we had not so great products but we had a really good sales team and we were a lot more successful.

 

Selling isn’t really a skill that they teach you in school but it's a really vital life skill that you need to be successful as an entrepreneur so I really give the credit to Junior Achievement for giving me that skill. Think about the sales team inside your company (or maybe it's just you). You need everybody to know how to sell in order for your company to get to that next level of success.

 

Lesson #2: Get Big Corporate Orders

 

The second thing I learned from Junior Achievement was to get big corporate orders. When we first started we tried to sell to our friends and our family -  basically everybody that we knew who we could guilt into buying one of our products.

 

Then we quickly discovered that we were out of friends and family to sell our stuff to and sales dried up.

 

So we had to find other ways to go out and get orders and my most successful years in Junior Achievement was when we were able to get a big company to make bigger purchases. We had fewer clients but they made a lot more purchases and it was an ongoing type of transaction.

 

With your own business, think about who you're selling to. Are you struggling trying to sell one off deals to customers who may not come back or it may be a long time before they come back again? Can you better spend your time getting bigger orders that are for more dollars and could be ongoing as well? Especially in the early days of starting a new business you should try to build around a customer who can give you meaningful cash flow to help you become successful.

 

Lesson #3: Get Everyone Involved

 

The third thing I learned from Junior Achievement was get everyone involved.

 

In a Junior Achievement company, you might have forty high school kids in the program. There is only so many management positions and once you elect your President and all your Vice Presidents, everybody else are just going to be the workers in the company. It's really important that you get them involved and make them feel like they are an important part of the company or they are going to leave - it'll just be the management team that's left!

 

This was an incredibly important lesson for me. You might be by yourself right now or you might have a couple of people around you. If you are the founder of the business you are going to care way more than everybody else but you want to make sure that everybody does feel like they are attached to the  company and they feel that they are important.

 

They should feel like what they are giving is a meaningful contribution and they are happy about what they are doing with your company. The more you can make them feel this way the more you'll be able to get the best from your team and retain them for the long term.

 

More About Junior Achievement

 

Junior Achievement helps over two hundred and fifty thousand students here at Canada and many many more around the world. Wherever you are, there is probably a local Junior Achievement chapter close to you and I encourage you to check it out, get involved, and be a mentor to the new up and coming generation of student entrepreneurs.

 

Thank you!

 

That's it for today! Thank you for joining me for this video. My next post will continue on with our leadership series profiling famous entrepreneurs. I’d also love to hear thoughts and feedback if you want to leave a comment below!

3,813 Views 16 Comments Permalink Tags: strategy, 10-99, 100+, 1-9, tips, leadership, evan_carmichael, entrepreneur, small_business, enterprise, junior_achievement
15

On June 6, Federal Finance Minister James Flaherty unveiled Budget 2011: The Next Phase of Canada’s Economic Action Plan. With Prime Minister Stephen Harper declaring 2011 the “Year of the Entrepreneur,” business analysts around the country were curious to see if the new budget would support this mandate. By all accounts, it appears to deliver.

 

Business Highlights

 

Looking through the detailed 374-page plan, there are several points that encourage the growth of small business and job creation for Canadians. As a resource to our business customers we have unearthed some key initiatives that may benefit you and provided direct links to more information:

 

 

  • $80 million over three years through the Industrial Research Assistance Program to help small and medium-sized businesses accelerate their adoption of key information and communications technologies through collaborative projects with colleges;

 

  • $10 million to extend the Work-Sharing Program, which has helped businesses employ over 277,000 workers in the last two years;

 

  • Extending the temporary Accelerated Capital Cost Allowance rate for investment in machinery and equipment for two additional years, allowing businesses to write off investments against taxable income more rapidly, thus generating important cash flow;

 

  • $20 million in funding to the Canadian Youth Business Foundation (CYBF), a national charity that provides character-based start-up financing and world-class mentoring from business experts to young Canadian entrepreneurs;

 

  • $50 million over two years to support agricultural innovations, as well as more than $40 million to contain and prevent certain food and livestock diseases;

 

  • $60 million in 2011-12 to help with forestry innovation and accessing new overseas markets;

 

 

What Others Are Saying About Budget 2011

 

Politicians, entrepreneurs and economists alike have lauded the new budget for its myriad of favourable allocations towards small business and job creation in Canada.  Here is a sampling of feedback from industry experts to date:

 

“With measures focusing on reducing red tape, the introduction of an Employment Insurance (EI) tax credit and better transparency and accountability at Canada Revenue Agency (CRA), government took some important steps to enhance job creation and recognize the economic contributions of small businesses in Canada."
-  Catherine Swift, President of the Canadian Federation of Independent Businesses (CFIB)

 

“With this plan and a stable majority government, Canada is positioned favourably to attract investment and create new jobs in the coming years.”

-  Adam Legge, President and CEO of the Calgary Chamber of Commerce

 

“Today’s budget further cultivates Canada’s position as an attractive business destination for global enterprise. By choosing to proceed with planned corporate tax rate reductions, the government sends a signal that Canada is friendly to investment — both foreign and domestic.”

-  Andrew W. Dunn, Deloitte’s Managing Partner of Tax

 

“[This budget] will allow CYBF (Canadian Youth Business Foundation) to continue to support the ideas, the innovation and the entrepreneurial spirit of Canada’s youth, ultimately creating jobs and strengthening our economy.”

- Vivian Propkop, CEO of Canadian Youth Business Foundation

 

What Do You Think?

 

A quick view of popular reaction over the last week shows that many experts and pundits support Minister Flaherty’s budget, but we'd like to hear what you, the business owner, has to say.  We will leave you with a few questions to ponder, and encourage you to comment below.

 

Does the federal budget give you confidence to grow your business further and hire more employees?

 

How will the federal budget affect your business strategy for the next fiscal year?

 

What would you like to see in next year’s (2012) budget to continue supporting Canadian entrepreneurs?

 

Michael Sangster is vice-president, government relations, at TELUS.

2,353 Views 15 Comments Permalink
0

As I wrote in Flex Work Gone Wild, there are four key themes to implementing a successful flexible work program. I covered the first two in Flex Work Trade Secrets Part 1: Leaders know their audience and Flex Work Trade Secrets Part 2: Design Integrated Systems.

 

Now, we come to one of the most important factors of all: making sure the right tools are allocated to the right person at the right time.

 

THEME 3: Informed Choice

 

Quite simply, one size does not fit all employees. To transition successfully to a Flexible Work model, you have to make sure managers understand which tools every employee needs in order to work where and when they are most effective.

 

Employees should input into the program and understand why they’re participating in it, the tools they’ll be using, and why their level of participation may be different from their colleagues. Of course, your employees may also need to understand that they can’t always get what they want. For example, their choice of smartphone may not be compatible with your business systems, or their favourite tablet computer may not provide the level of security the business needs. Compromises could be called for.

 

Who gets what?

 

Successful Flexible Work programs provide employees and managers with a clear, transparent and equitable way to decide who participates and at what level. This is one of the areas where we see companies stumble more than any other. If you get this right, the world of triple bottom line benefits will open up for your organization. Get it wrong and you will spend the next five to seven years trying to clean up the mess.

 

Data drives decisions

 

You must ensure that your employees understand the factors that will determine success or failure in your flexible work arrangement. You also have to ensure that your managers are given clear and objective data so they can make informed choices about what is best for each employee, for their team and for the business overall.

 

That’s where your flexible work partner comes in. The organization you choose to help you implement your program must do more than just gather the data to help you and your managers make decisions. They must also make it available to you in a format that’s easy to understand so you can share it with every employee who’s affected.

 

The entire process must deliver openness, transparency, objectivity and equity across employees and business groups. Without that equity, I am afraid your efforts will be short lived and likely to fade out after a few unsuccessful pilots.

 

There is also another side to choice.

 

Let’s make a deal

 

The other side is that people must understand that everyone does not get everything. If an employee’s work profile and preferences point to a mobile work arrangement, they can’t expect to keep the fancy corner office they’ll hardly ever visit. Instead, they’ll likely be asked to give it up to help offset the cost of a new mobile device, the distance collaboration training they’ll need and their third workplace membership – the costs of working from a coffee shop, hotel room or other environment where they might have to pay for Internet access or for the privilege of using that space.

 

This is where the triple bottom line really starts working for you. That corner office can be allocated to other people who spend more time in the office, or it may not be needed at all, reducing the business’s real estate costs. The employee who gave up the office will see their work-life balance improve because they don’t have to commute to the office just to get to the tools they need to do their work. They have the tools wherever and whenever they’re needed. Finally, the employee spends less time on the road, pumping out fewer emissions and therefore reducing both their own and the business’s carbon footprint.

 

Coming up in Part 4: Measure the triple bottom line.

 

About Ian

Ian Gover is a pioneer in the field of flexible work. He has focused his entire career on helping organizations optimize their technology, workplace and human capital management infrastructure to provide a better match for today’s flexible workforce requirements. As President & CEO of Teletrips, Ian works with public sector organizations and Fortune 500 companies to help them improve their triple bottom line performance - improving employee effectiveness, realizing millions in operational savings, and achieving significant improvements in environmental efficiency. Prior to Teletrips, Ian held executive and senior management positions with Sun Microsystems and PricewaterhouseCoopers. He holds a Master of Science degree from Rensselaer Polytechnic in New York.

 

About Teletrips

Teletrips (www.teletrips.com) is the leading provider of software as a service tools that help organizations improve their triple bottom line performance through Intelligent Workplace and Workforce Management. The Intelligent Enterprise Software as a Service Platform is helping organizations around the world realize millions in operational savings, improve employee effectiveness and achieve significant improvements in environmental efficiency.

702 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, mobile_working, teletrips, flexible_work, enterprise, ian_gover
2

There is an alarming lack of knowledge and awareness of the IT security threats Canadian companies face. Existing security dangers are often elusive; there are lapses in security protocols, and organizations across private and public sectors are recording increasing numbers of troubling incidents.

 

As chief information or IT security officer, the decisions you make to support IT security affect all areas of the business, its employees and ultimately, customers. There are pro-active steps organizations take in implementing processes to strengthen security. What are they? What protocols and procedures should be considered, evaluated and ultimately implemented for the good of the business, and what are the consequences of gaps in security?

 

For the past three years, TELUS Security Labs and the Rotman School of Management, University of Toronto, have surveyed more than 500 Canadian IT security professionals for an annual study on the state of IT security in Canada. This summer, TELUS Talks Business is bringing readers Security 360, a unique limited series on information security from Dr. Walid Hejazi, professor of international business at Rotman School of Management and a world-renowned expert on IT security.

 

Dr. Hejazi has primed the Rotman-TELUS Joint Study on Canadian IT Security Practices on behalf of Rotman since its inception and has unique perspective and insight into IT security in Canadian business. It’s my pleasure to introduce him here in the first blog in the 360 series that will appear Wednesdays throughout the summer. Please reach out to either Dr. Hejazi or myself any time and let us know how we’re doing by leaving questions or comments. As always, we’d like to hear about the IT security challenges you’re facing, and help if we can.

 

 

Rafael Etges

 

Walid Hejazi 4 Rotman.jpg

Photo: Dr. Walid Hejazi, Rotman School of Management, University of Toronto.

 

False Sense of Security: How Can IT Security Breaches Cost Organizations Millions and yet go undetected?

 

It seems almost paradoxical: An organization’s information system is breached at a cost of millions to the organization itself – and yet the company never knew that it happened. How can this be?

 

The fact is that firms that emerge as business leaders are those that are able to innovate in some way and deploy new strategies to gain and maintain an edge on their competitors. The sources for many of these competitive advantages are transparent and obvious to other firms: patents, leadership, and managerial styles. In situations where these sources are not easily replicable, they can serve as sources of long term competitive advantage.

 

There are many sources of competitive advantage that are not transparent, at least not contemporaneously, to competitors. Intellectual property for example, or sources of current and future innovations, client and customer names, contacts in domestic and foreign companies and governments, and so on. This information is housed on company information systems.

 

Part of developing and maintaining competitive advantage is having information and knowledge that is not available to competitors. Once information leaks to competitors, imitation becomes more likely, and the benefits that flow from that source of competitive advantage is lost, and the firm is forced to further innovate to maintain its competitive advantage.

 

One of the challenges, therefore, is to minimize the leakage of information and knowledge so as to maximize returns. It is from this perspective that the importance of IT security must be motivated. What is remarkable is that in considering the costs associated with IT security breaches, the cost that is least understood is the implications for a company’s strategic information.

 

Next Thursday: Understanding the tangible costs associated with a breach.

 

Have you got a question about an IT security challenge at your company? Leave them here via comment. The community can help.

1,391 Views 2 Comments Permalink Tags: 10-99, 100+, 1-9, business, it_security, enterprise, rotman_school_of_management, rotman_telus, joint_study_on_canadian_it_security_practices, telus_security_labs
0

As the expression goes "there's an app for that" -- but the ones we tend to profile in this space are productivity-related.

 

Well, we all need a little downtime, no?

 

Rather than look at word processors, time management tools and language converters for frequent flyers, in this week's column we'll focus on a few app for fun and games.

 

In other words, instead of apps for 9 to 5, consider these better for 5 to 9 – and just in time for summer.

 

Sound advice

 

Available for iOS devices (iPhone, iPod touch and iPad), Android and BlackBerry devices, TuneIn Radio Pro ($0.99 cents) lets you listen to more than 40,000 radio stations from around the world, as well as online-only stations and podcasts.

 

That's right -- you can hear hip-hop straight from L.A., reggae from Kingston, Jamaica, and blues from New Orleans. Or let the app use your device's GPS to see your location, and it'll give you a complete list of your local AM and FM stations, too. Search for music by artist, genre, country, or by typing in a song you like to see if any station is playing it at that particular time.

 

What makes this Wi-Fi/3G app unique is the fact you can pause or skip forward and back between tracks like a personal video recorder (PVR). Tap the red record button to save it to your device's built-in memory and play it back anytime you like (even when offline). You can also set a timer to record in advance -- say, the BBC, every morning from 7am to 9am, UK time.

 

Unfortunately, you can’t transfer it to your iTunes library, so you won't be able to weave it into existing playlists.

 

It’s not just music, either, as you've also got access to news, talk, sports, comedy and old time radio (OTR) shows – and the app can recommend related stations to check out based on your tastes.

 

TuneIn Radio Pro - a.JPG

 

Game on!

 

If you've had your fill of Angry Birds and you already finished Plants vs. Zombies, why not unleash your inner D&D nerd and engage in epic battles against orcs and other creatures?

 

Available for iOS and Android smartphones and tablets, Battleheart is a deep but accessible role-playing game (RPG) from Mika Mobile that challenges you to choose a well-balanced party of characters before leading them into combat against a number of increasingly tough monsters.

 

Using might and magic, you'll unlock new locations, upgrade your skills and purchase better equipment (and more than 100 items) to prepare you for the real-time battles across 30-odd levels. Don't be fooled by the game's charming graphics as a lot of strategy and tactics must be employed in order to win these skirmishes.

 

Charming graphics and music, smooth controls and frequent upgrades will also help keep you immersed in this fantasy epic. You can also put your party to the ultimate test in various battle arenas – survive the onslaught and you'll be rewarded with rare goodies you can use in future fights.

 

Battleheart - b.jpg

 

Bottom's up

 

Part coffee table e-book, part recipe collection, Shaken, Not Stirred ($1.99 for iPhone/iPod touch; $2.99 for iPad) lets you flick between more 50 cocktail recipes, each with stunning high-resolution photography and a list of ingredients and instructions.

 

The app lets you search for drinks in a number of ways. If you know you’ve only got some vodka at home, for example, you can view recipes that require only that particular spirit. Similarly, you can search through all gin, rum, tequila or whiskey cocktail recipes separately.

 

Having a themed party, such as Saint Patrick’s Day? Select to view recipes by colour. Or you can search by flavour (such as sweet, spicy, sour or fruity) or by theme, including classic (Dirty Martini), trendy (Berry-tini) or refreshing (Mojito).

 

Overwhelmed by choices? Tap the “Pick a drink for me!” button to get a random drink each time.

 

There are bartender apps that provide a lot more recipes than this one, but not with the same presentation or simple organization.

 

Shaken, Not Stirred - d.JPG

 

Movies to go

 

Love films, but aren't spending as much time at home these days? You're not alone.

 

As long as you're a Netflix subscriber ($8/month), you can snag the free Netflix app -- for iOS devices, Android and BlackBerry PlayBook – and access many thousands of movies and TV shows from yesterday and today.

 

Look for something to watch in the search window or peruse the lists divided into New Arrivals, Genres or Recently Watched (with how many minutes you're at for each movie or TV show). You can read a synopsis of each piece of content before watching as well as Netflix user ratings for each one (and you can vote, too).

 

Whether you spend a lot of time commuting to work by train or flying around the country, the Netflix app helps you get more out of your subscription – and help make travel a little more bearable.

 

Unless you have a generous data plan, use Wi-Fi to stream video wherever possible.

 

Netflix - d.jpg

 

Marc Saltzman is one of North America's most recognized and trusted technology experts. Based in Toronto, Marc currently contributes to nearly 50 publications, has authored 14 books and is the host of CTV News Channel's "Tech Talk," CNN's "Tech Time" and Cineplex's "Gear Guide" (seen in movie theatres across Canada).

812 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, mobile, smartphone, app_week, marc_saltzman, app_of_the_week
19

Hey You, Get Off Of My Cloud

Posted by LindaOJ Jun 14, 2011

Linda OJ here again, feet firmly planted back in Canada where I work and live after my mammoth five-week business trip to Europe and the States. On my travels one word kept popping up and it prompted me to find out a little bit more about the “Cloud” everyone seems to be excited about. As you can see the title to this blog post is actually the title of a very well known song, and in my silly moments I can imagine business rivals accessing their cloud and finding someone there who does not belong and shouting at them to, “get off my cloud!”

 

It appears to me that this phenomenon (the cloud) is being treated like a super star and is so unique and different everyone wants to get in on the act. My first thought here was: no one has reinvented the wheel here, but they have certainly created a great buzzword! That’s when my alarm bells sound and I know have I have to do some research, mainly because as a small business owner myself and the fact my work involves helping other SMB’s, I would not be very forward thinking if I ignored the cloud or jumped into using it without knowing why, and how, and all the other important factors.

 

In my own simple terms I can tell you that the cloud idea simply means instead of storing all our data on our own computers or servers we can use the cloud. The cloud is basically an online service offering us the chance to store our data anywhere in the world where the cloud has space. Obviously we do need an Internet connection in order to use this service. There are probably a lot of challenges associated with the cloud, but like anything new that’s OK. I think we have to give these new offerings a chance. One of the challenges I foresee though is, if the people who look after your cloud disappear what happens to your data? This could consist of your emails, photos, music, and client information.

 

This is when I turn to my very own security expert Dave OJ and ask him a few questions that I need answers to and I hope will help you too:

 

 

How long has the cloud been around?

The concepts underpinning the cloud originate as far back as the 1960’s. However, the technology that enables the modern day cloud has gained prominence over the last 10 years.

 

What advice would you offer a SMB who might be looking at using this new technology?

The cloud offers the potential for dramatic IT cost savings and increased flexibility and reliability. To use an analogy, many small businesses will outsource bookkeeping and accounting to a specialist. The cloud allows SMBs to do the same thing with their IT systems, infrastructure and data whilst enjoying the economies of scale.

 

Can we store as much data as we want on the cloud we are using?

The cloud means that computing resources and storage are treated as a utility, much like electricity. In essence you pay for what you use. Be that storage space or computing power. Whilst it’s not physically unlimited, the cloud does present the illusion of infinite resource where we pay for what we use—just like electricity.

 

One of the biggest concerns today is security online and hackers gaining access to our information. Is the cloud a better security choice than our own servers?

It depends. The cloud can bring some distinct security advantages such as having a comprehensive security monitoring and expertise. This can often reduce the need for SMB’s to invest as heavily in securing their critical data. On the other hand the cloud can also introduce new security considerations. As an example: cloud services typically store multiple customers’ data on the same infrastructure, a so-called multi tenant system. If there is a potential security breach this may mean the attacker has access to significantly more data than in the past.

 

Lastly, the cloud can introduce challenges around privacy and compliance because the SMB no longer has direct control over where their data lives and how it is protected.

 

What happens if the cloud we are using disappears?

The cloud may ‘disappear’ for several reasons. The cloud provider could go out of business, meaning your data may be permanently gone. Connectivity to the cloud provider may be interrupted, meaning that your data is inaccessible. The cloud provider could also experience an outage causing a loss of access such as happened with the Amazon cloud early in 2011. Businesses should therefore understand these risks and plan accordingly.

 

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Thanks to Dave OJ I have a better understanding of the cloud and my understanding is, in reality, it has some of the same risks and challenges and benefits associated with it as if we were storing our data in the traditional manner.

 

I also interviewed two small business owners who are members of my business network group, the Small Business Community Network (SBCN), because they are using the cloud for their business needs and I felt their thoughts would be helpful. This short video features Nikos Rentas of Satner Hosting Solutions and Ron Cherry of SureVoice Telecom Solutions.

 

 


"We live in a society exquisitely dependent on science and technology, in which hardly anyone knows anything about science and technology."

- Carl Sagan

 

 

Linda Ockwell-Jenner is a President of Motivational Steps and Co-Founder of the Small Business Community Network (SBCN) based in Waterloo Region. Find out more about Linda at www.motivationalsteps.com and www.sbcncanada.org

1,048 Views 19 Comments Permalink Tags: entrepreneur, cloud_computing, small_business, lindaoj
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You can find them in pockets, purses and on key chains. They're on lanyards and in pens, built into some jewelry and even found alongside scissors and nail files in some Swiss Army Knives. Teeny USB thumb drives are so ubiquitous, in fact, Gartner estimates more than 222 million were sold last year alone.

 

Could such a tiny gadget bring big risks to your organization? Yes. Thanks to their small size, low cost, and capability of instant backup and file transportation between multiple computers, USB drives could be perceived as a significant security threat for businesses.

 

USB Drives - c.jpgUSB Drives - b.jpg

 

For example, disgruntled employees can easily make off with sensitive company information on a USB drive. "The threat is not new, but the problem is exacerbated by tiny and cheap USB drives," says Leslie Fiering, research vice president at Gartner in San Jose, Calif. "The moment we had removable storage media -- going back to floppy disk drives -- there have been stories of janitors going onto computers after hours and downloading major amounts of information."

 

Employees who plan on quitting a company -- or perhaps those expecting a pink slip -- can also easily copy over customer or client databases, emails, calendar appointments and contact lists in a matter of seconds, and then take this digital info with them to a competitor.

 

Increasingly, USB drives can also carry harmful malware, say security experts. USB keys can be used to install viruses or to serve as boot drives to erase data -- even unintentionally. An employee who uses a USB drive on a personal computer at home could carry malware back to a work computer without his or her knowledge.

 

So, what can you do?

 

You should take several precautions to minimize the risk of data theft or malware attacks via USB drives.

 

Consider the following tips:

 

Implement strong security software: All company computers should have the right security software to detect and remove potential threats. "Without question, you need serious protection today that not only protects from online threats but also is capable of scanning external devices too, such as USB drives," warns Fiering.

 

Limit USB access: In extreme cases, organizations have cut off access to USB ports. Others have limited USB access to specific employees. Using encrypted USB drives is another option, as is disabling AutoRun on computers so that programs on a USB drive don’t immediately run when a drive is inserted.

 

Monitor use: Keeping track of USB access will help you note who is using the drive, on which computer and at what time of day." IT departments need to make sure their machines are secure and sensitive information protected," adds Michael Gartenberg, research director at Gartner in Stamford, Conn.

 

Focus on education: "Banning can result in users trying to bypass the ban," cautions Steve Santorelli, director of global outreach for Team Cymru, a not-for-profit Internet security research group. A usage policy augmented by an awareness campaign to educate end users will help mitigate the risks.

 

Deploy tablets: Most tablets – such as the Apple iPad, BlackBerry PlayBook and most Android devices – don't offer removable memory, which might reduce the odds of someone copying files or inadvertently installing malware. There are always ways around it, such as dragging and dropping files to a computer when tethered, but tablets are somewhat of a closed platform.

 

With the right security measures in place, companies can ensure the security of their data -- despite today's increased risks.

 

Marc Saltzman is one of North America's most recognized and trusted technology experts. Based in Toronto, Marc currently contributes to nearly 50 publications, has authored 14 books and is the host of CTV News Channel's "Tech Talk," CNN's "Tech Time" and Cineplex's "Gear Guide" (seen in movie theatres across Canada).

811 Views 1 Comments Permalink Tags: 10-99, 100+, app_week, it_security, small_business, marc_saltzman, app_of_the_week, enterprise, information_security, 109
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This week, I had the opportunity to attend the Gas & Oil Expo in Calgary, a showcase of the latest technologies in energy resource extraction. Of particular interest to me were a number of exhibits focusing on the communications technology which facilitates business in the gas and oil industry. GPS tracking solutions are integral to any business with vehicles in the field. High speed data networks have enabled businesses to replace traditional dispatch with systems that optimize vehicle usage and minimize costs. These highly sophisticated tracking systems allow for faster response times, higher efficiency, customized reporting, and ultimately, reduced operating expenses.

 

The Gas & Oil Expo showcased technology in a diverse number of fields, ranging from the latest in oil sands extraction technology to worker health and safety solutions, with exhibitors coming from various parts of the world, including China and the USA. The Gas & Oil Expo was the ideal meeting place for the most innovative technology leaders to gather and exchange ideas and solutions to improve efficacy of their business.

 

I had the opportunity to speak with Troy Bauman, Regional Manager at Complete Innovations who showcased a turnkey GPS tracking solution, TELUS Fleet Tracker. Introduced in partnership with Complete Innovations in 2007, it allows businesses to locate and monitor the speed, distance travelled, direction of travel, and idle time of a vehicle or an entire fleet.

 

The solution leverages the TELUS wireless network and hosting infrastructure along with Complete Innovations’ software expertise. Fleet Tracker is designed primarily to increase efficiency and reduce unnecessary costs; the software provides access to key metrics to help make business decisions. Businesses also benefit from improved communication with drivers through access to real time tracking, which in turn facilitates customer service. Fleet Tracker also provides businesses with an assurance of improved worker safety and security, and aids in vehicle recovery in the case of theft.

 

The most exciting aspect for myself, as a technology fanatic, was the balance between the amazingly sophisticated systems underpinning and the intuitive software interface. The software allows the user to simply log in through any web browser and easily access real time data. If you know how to use Google Maps, you’ll know how to use TELUS Fleet Tracker! This ease of use, combined with an approximately cost of $2.50 per day makes this solution ideally suited for a wide range of businesses.

 

It has been successfully adopted by a broad range of clients, from Dynamex to Anglia Steel to Destiny Resources, who save $250K annually on fuel and maintenance with a fleet of approximately one hundred vehicles.

 

As a compulsive early adopter and close follower of technology trends, it takes a lot to excite me. However, the sophistication of communications technology used in resource extraction made a distinct impression. The Oil & Gas Expo showcased a variety of solutions ranging from innovative tracking systems to the latest oil field metering technology to advanced satellite communications allowing remote workers to stay in touch with their loved ones. I am excited about the creative solutions available today, and can’t wait to see what next year’s Expo has to offer!

 

With the incredible market penetration of GPS devices over the last several years, how have GPS products changed the way you do business? Sound off in the comments below!

 

Martin Studzinski is TELUS team member with a focus on consumer solutions, with interests in design, technology, and education reform.

951 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, business, gps, enterprise, field_services, fleet_tracker
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The old proverb "time flies" seems to always be applicable when talking about wireless or computing technology.  Roughly 10 months ago I shared an introduction to Mobile Internet in my post, Mobile Internet 101; I discussed the evolution of wireless internet driven by the continuous development in faster wireless internet products. Much of the focus was Mobile Internet Keys and embedded laptops that are widely limited to supporting a single user; either through a SIM card in a laptop or a USB modem.

 

The last 18 months, however, saw the introduction of a new sub-category to Mobile Internet: Mobile Hotspots.  This sub-category has already started exploding with devices such as Smart Hubs, Mobile Wi-Fis, plus a feature enhancement for smartphones.  The driver behind all three: Wi-Fi.

 

As the next step in our Mobile Internet discussion, we’ll define those Mobile Hotspot devices and what this can mean for your business.

 

 

Mobile Hotspot devices - the next generation of Mobile Internet

 

Mobile Hotspots are based on Wi-Fi technology; the broadcast of an Internet connection wirelessly to laptops, smartphones or other Wi-Fi enabled devices within a small geographic zone (hotspot), typically the size of a few rooms or a cafe. Most businesses have had some exposure to using Wi-Fi through devices enabled to receive the wireless Internet connection, such as a laptop.  Wikipedia has more details on Wi-Fi certifications and frequencies.

 

The devices we will look at broadcast rather than receive a Wi-Fi signal.  What does that mean exactly?  When asked to name a Wi-Fi device, most people think laptop.  It has the ability to connect to a Wi-Fi network for Internet access (i.e. receive).  When asked what’s creating (i.e. broadcasting) that Wi-Fi network most people would think of a router attached to a wireline Internet service (DSL or cable). 

 

The first type of device that created a Mobile Hotspot off a cell network was Smart Hubs, introduced to the Canadian market in late 2009.  Shortly after came the aptly named Mobile Wi-Fi devices.  These devices create a Wi-Fi hotspot for up to 5 users and incorporate the capabilities of a router, allowing users to customize their settings such as changing the wireless network name (SSID) and password, port forwarding; and access SMS messages and cellular connection settings such as roaming.  Some Mobile Wi-Fi devices also include smartphone features such as a display screen so users can easily view information on signal strength, SMS messages waiting, number of users connected and roaming status.

 


WiFi.png

The latest addition to the Mobile Hotspot sub-category is a feature enhancement to existing smartphones.  The first enhancement appeared on Android smartphones with the Froyo OS (Android 2.2 operating system), the next on the iPhone with iOS version 4.3.  Although built to support different smartphones, both features operate in the same way.  From the settings menu a user can turn on their hotspot feature, thus broadcasting a small Wi-Fi network from their smartphone.  The number of devices that can connect varies from 5-8; and there are limited customization features such as changing the SSID and password.  The broadcast range and signal strength of these hotspot Wi-Fi networks is dependent on the smartphone.  Any devices connected to a hotspot of this type would receive Internet access speeds based on the device, while using data from the smartphone’s rate plan.  The hotspot feature isn’t necessarily the fastest Mobile Wi-Fi connection; however it can be the quickest and easiest.

 

 

iPhone_Wifi.png

What do Mobile Hotspots mean for your business?

 

 

Mobile Hotspots offer a new connection type for Mobile Internet, but it is still a category within Mobile Internet and all the business benefits you would associate with Mobile Internet definitely still apply.  The two most common benefits to businesses are cost savings and productivity gain.  A report published by JiWire in late 2009 indicates that the number of mobile devices accessing Wi-Fi hotspots in North America grew by 79% in the first half of the year and more than half of Wi-Fi users accessed Wi-Fi service from a hotel or resort hotspot (55.3%).  Of those 81% of the public Wi-Fi hotspots worldwide are paid, while 19% are free.  Given that the report was published just as the Mobile Hotspot devices we described began to launch, these stats relate to users accessing hotspots from traditional means.

 

The usage pattern shown by these stats demonstrate that people are accessing Wi-Fi at a variable cost, predominantly while on the road.  A better option for business travellers would be to take advantage of Mobile Hotspot devices to help manage cost and usage.  For larger companies, these mobile solutions can assist with mobile data compliance for their road warriors.  For example; an insurance adjuster travels 3 weeks a month for business in Northern Alberta.  Equipped with an Android smartphone and Wi-Fi Android tablet, the adjuster can fill out forms, take notes and capture pictures of claims digitally on the tablet, then use the smartphone to create a Mobile Hotspot to send that information back to head office,  all on the data plan of the company.  Being on the road for 3 weeks the adjuster also uses the tablet for personal use in the evening.  The tablet is Wi-Fi only, so the adjuster can pay, at personal expense, to connect to the hotel Wi-Fi to use the device in the evening.  This clear separation of business and personal helps the IT staff manage the compliance of the devices.

 

Lastly, Mobile Hotspots help streamline IT deployment.  Deployment of Mobile Internet devices such as USB modems are important for businesses in today’s economy, however the testing, setup, configuration and maintenance of these devices can be cumbersome for IT departments.  Businesses who lock down their company laptops (and a lot do) will typically restrict the end user from being able to install new software or make configuration changes.  So IT has to step in and assist when there is a connection or software issue from a USB modem.  With Mobile Wi-Fi devices, the load for IT can be greatly reduced.  There is no software to install so the initial testing/certification process to purchase new devices is sped up. Then when deploying these devices, there is no install on user laptops or other devices, so IT can simply pass the Mobile Wi-Fi device to the user.  The majority of users will be familiar with Wi-Fi from home use and can then manage the device themselves on the road, reducing troubleshooting for IT and freeing them to tackle more critical or strategic business needs.

 

These are just a few examples of common benefits businesses see with Mobile Hotspots.  With the arrival of summer in Canada many businesses are opening temporary locations, hiring short term staff to work in the field and running single day events where they need connectivity; all beneficial uses of this new Mobile Hotspot technology.

 

Andrew Scott Reid (or just Scott) is a Product Manager at TELUS Business Solutions. Scott has over six years of IT/telecommunications marketing and sales experience.  Based in Toronto, he primarily works with small and medium sized businesses to explore technology solutions that improve business productivity and efficiency.  Scott has extensive insight into mobile working needs from a customer perspective and is able to offer insight into several of TELUS’ technology offerings for Canadian businesses, including the Smart Hub solution.  When he’s not at work, Scott relaxes by playing/watching football and cooking (apparently he makes a mean brunch!).

 

Have you started to think about the next evolution of your business’ Mobile Internet strategy?

1,276 Views 0 Comments Permalink Tags: 10-99, 100+, 1-9, mobile_working, smartphone, iphone, android, mobile_internet, tablet, mobile_hotspot, mobile_wifi
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Today, the Internet is taking a leap of faith.   Led by Google, Facebook and Yahoo, many of the top websites in the world are adding IPv6 accessibility on June 8 under the banner of World IPv6 Day.  Normally, these websites do not enable IPv6 functionality because it interferes with access to their websites for a very small minority of users.  (If you’re Google, a small minority is still in the millions.)

 

Organized by the Internet Society the intent of World IPv6 Day is to raise awareness of the need to transition to IPv6, and to work out a few of the technical kinks that some users face when websites make themselves  available via IPv6.

 

What is IPv6?

 

Following the depletion of the global pool of IPv4 Addresses in February, each regional internet registry has only a limited amount of addresses left in its reserves to allocated to ISPs and users before they will exhaust their own reserves.  Canada is served by the American Registry for Internet Numbers (ARIN) which projects that exhaustion date to occur in 2012.

 

IPv6 (Internet Protocol version 6) is a newer version of the Internet Protocol which offers a vast IP Address space in comparison with IPv4.  The IPv4 address format of 32 bits offered roughly 4 billion host IP Addresses.  With the emerging nations growing their internet subscriber base, and the advent of smart phones and tablets, those 4 billion addresses are not enough to meet demand.  This is the primary driver for the deployment of IPv6.

 

How Businesses should view IPv6

 

Many of the most technically savvy IT professionals are familiar with the concepts of IPv4 address depletion and IPv6.  Businesses need not fear IPv6 deployment.  There will be no hot cut of the internet.  Rather, we can expect a period of co-existence of IPv4 and IPv6 across the internet and within individual networks.

 

Businesses with significant network infrastructure should begin familiarizing themselves with IPv6 deployment and transition strategies to allow IPv4 hosts and IPv6 hosts to communicate.  Over the next few years, businesses with website presence will be well served by understanding what they need to do to make their website reachable via IPv6.

 

In the end the IPv6 is not a disruptor to the current internet, but rather an extension of the current version of the internet, and we can expect IPv6 to be around for the majority of the 21st century.  IPv6 is just making its debut, and we can be sure that it will be here to stay.

 

What can you do to participate?

 

To participate in World IPv6 Day, we have made telus.com available via IPv6.  While very few users will notice any difference at all, our customers who want to connect to our websites with IPv6 will need an IPv6 tunnel.   Free tunnel brokers can be installed on personal computers from the following tunnel broker providers:

http://gogonet.gogo6.com/

http://tunnelbroker.net/register.php

 

If you are curious how compatible your computer and connection are with IPv6, visit the following website:

http://test-ipv6.com/

 

Going forward, we’ll continue to be very active in the technical community, collaborating with other industry leaders to prepare for the coming shift toward IPv6.  We are preparing for the deployment of IPv6, with a focus on high quality and reachability to the public internet, both IPv4 and IPv6.

 

Questions? Please leave them via comment.

 

 

Matthew Wilder, is the IP Address Manager, Technology Strategy, at TELUS.

1,180 Views 10 Comments Permalink Tags: 10-99, 100+, 1-9, business, ipv6
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My name is Evan Carmichael and I believe that the fastest and most effective way to build a business is to model the strategies of people who have already done what you’re trying to do. I call it Modeling the Masters. My last post was: How to Hire the Best, Never Give Up, and Be Hands On Like Howard Hughes

 

Today we're going to look at how a young man who thought a $10,000 a year salary was a "big deal" learned about business from his father and became a billionaire in the process. This is the story of Canadian entrepreneur Gerry Schwartz and the top 3 lessons that you can learn from his success.

 

Must Watch Video

 

 

"There is no such thing as high returns without risk."- Gerry Schwartz

 

Gerry Schwartz (born in 1940) is a Canadian businessman. In 1977 he co-founded CanWest Global Communications Inc, followed by Onex Corporation in 1983. The Report on Business ranks Schwartz as one of the 30 wealthiest Canadians with a net worth that exceeds $1.5 Billion (Canadian) Dollars.

 

In high school, he said he wanted to be “an executive and to have a big job that would pay at least $10,000 a year. I thought $10,000 was a big deal,” he said. He learned about business from his father. According to Schwartz: “I can’t remember a day growing up without my father talking to me about business. If he bought real estate, he’d explain how and why.”

 

Today his private equity investment firm, Onex, has over 235,000 employees and Schwartz continues to look for opportunities to buy struggling companies, turn them around, and sell them for a handsome profit. He was named Ernst & Young’s 2005 Entrepreneur of the Year and was also made an Officer of the Order of Canada in 2006.

 

Action Item #1: Keep Your Team Together

 

If you want to grow your business it's important not only to find good people to work for you but also to keep them on board. High employee turnover hurts productivity and morale and will limit how far your company can go.

 

People love working for Gerry Schwartz because he gives them opportunities and respects their opinions. Every Monday morning, Schwartz gathers his top executives and decision makers in the Onex boardroom to discuss the merits of transactions and strategies, both new and old. If one of his key team players is unable to be at the meeting in person, Schwartz makes sure they are brought in by telephone. One by one, Schwartz goes around the table and lets each and every one of his staff have their say about the future direction of their company. And, they do not have to go along with whatever Schwartz proposes. If one person raises a doubt about a proposal on the table, the team may still proceed, but with greater caution. If two executives raise their dissenting voices, then the deal is dropped right then and there.

 

According to Schwartz: “Collectively, we make Onex a dynamic and collegial place to work... One of the hallmarks of Onex is that since I started the company in 1983, every professional who has joined the company at our Toronto head office is still here. We’ve had no turnover.”

 

Action Item #2: Take Risks

 

Being an entrepreneur involves taking risks. You're often venturing out into the unknown and you have to be willing to take the leap of faith even when you don't have all the information or resources that you need to be successful.

 

There is no such thing as high returns without risk and among investment bankers, Schwartz has gained a reputation for being willing to stick his neck out and take that risk. He continues going for the long shots, for companies that others haven't thought about acquiring. And, if a deal does not work out, Schwartz says he takes it personally, but he dusts himself off and comes back again for another try.

 

According to Schwartz: “I’m still a long distance from smart. But I’m also a long distance from dumb... The hardest lesson I’ve learned has been to not repeat the dumb mistakes I’ve made over the years, which are too numerous to list.”

 

Action Item #3: Look For New Opportunities

 

Business growth also comes from seizing new opportunities. As they come up around you you'll have to make tough decisions if you should pursue the opportunities or not. Make sure you take the time to really think about it and if it's going to work out instead of jumping on board every opportunity that comes by.

 

Over his long career, Schwartz has come to recognize that there will always be another deal. Success, however, only comes from investing in the ones that he's really researched and dug down deep to make sure that it's a good deal. Because of his reputation, Onex is now informed whenever any major company comes up for sale anywhere in North America. Schwartz and his team then inspect the books of each company and their respective markets to see if it's worth buying. Schwartz is also keen on finding his own potential acquisitions, ones that have yet to be advertised and that are hiding within a larger parent company.

 

According to Schwartz: “Every decision Onex makes is made on the basis of creating long-term value. Our philosophy is to operate like a forever owner of an asset... We take an excruciating length of time to buy an asset. We did nothing in the late 1980s because of all the pressure to do deals. That’s not our game... Investments are like trains, and if you miss one, don’t worry because another one will come down the line."

 

True Story

 

In 1969, when Schwartz was pursuing his MBA at Harvard, the school was offering an introductory course on computers. It was a popular course, but Schwartz didn't sign up for it. According to Schwartz: “I thought I’d have assistants do that stuff for me which is why I missed the value of the digital era in so many ways. You can’t understand the power of technology unless you use it.”

 

Schwartz might have missed out on the computer course at Harvard, but what he calls his “ridiculous attitude toward computers” changed after a trip to Bill Gates’ house. “He gave me a Palm Pilot. I got on a plane from Seattle to Florida, a five-hour flight, and started on the instruction book. I couldn’t figure it out.” By the time Schwartz had landed back home, he was only on section three of 15 in the instruction manual. “I said, ‘That’s it,’” recalls Schwartz. “I decided to learn. From that day forward, I’ve insisted Onex be on the leading edge of information technology.”

 

More Quotes

 

"The hardest lesson I’ve learned has been to not repeat the dumb mistakes I’ve made over the years, which are too numerous to list."

 

"I’m still a long distance from smart. But I’m also a long distance from dumb."

 

"There is no such thing as high returns without risk."

 

What Do You Think?

 

Have you had problem with employee turnover? Have you recently discovered a new opportunity that you're chasing? What part Gerry Schwartz's message impacted you the most? As always, I’d love to hear your thoughts if you leave a comment below!

 

Evan Carmichael


To learn more check out my list of Gerry Schwartz articles or my website, EvanCarmichael.com.

2,318 Views 16 Comments Permalink Tags: strategy, 10-99, 100+, 1-9, business, tips, leadership, evan_carmichael, entrepreneur, small_business, gerry_schwartz, onex
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Update from the Summit

Posted by EdDaugavietis Jun 3, 2011

I attended the Canadian Telecom Summit 2011 this week.  This show is always a great read on the pulse of Canadian Telecom, attracting leaders and top thinkers from across the industry, who welcome a chance to tell their story to a high level audience of industry, government and media.


The theme that rose to the top this year was wireless spectrum.  How boring is that, you ask?  Actually it’s a huge topic that dominated this year’s conference with speeches of passion, pride, fervour and  outrage.

 

The fact is that we, the businesses and consumers of the country are gobbling mobile data at a rate that’s accelerating with no end in sight.  The people we rely on to keep delivering faster wireless connections are starting to sweat because there’s only so much radio spectrum out there and its on its way to being fully deployed.  Canadian operators need more of a scarce and expensive resource and that’s where the debate begins.   Someone (government) will need to arbitrate who gets the privilege of bidding for the next blocks of spectrum.  The way that auction is structured will ultimately affect us all.

 

Let’s take a look at how we got here.   Mark Henderson is CEO of Ericsson Canada and chairman of the Canadian Wireless Telecom Association.  He did a good job at the conference explaining what’s driving such massive growth in wireless data.  The average smartphone, he says, generates ten times the volume of wireless traffic as a conventional mobile phone.  A wireless PC or tablet, in turn generates ten times the traffic of a smartphone.  A lot of people now have  smartphones and plenty are moving up to tablets.  Each of them is, according to Henderson, now consuming one-hundred times the wireless capacity that they were a few years ago with their voice-only devices.   Uh-oh.   Every tablet that gets sold is pushing us closer to the edge.

 

This is one of those problems where the answer seems to be sitting in front of us:  Wireless operators need more spectrum.   That’s the easy part of the answer.  The hard part is that spectrum is a scarce and carefully regulated resource and the amount of it wanted by all the wireless operators is more than what’s physically available.   So how to allocate a scarce resource fairly?  That was the theme that kept grabbing headlines from this show, as operators made their cases for various methods of allocating the next available block of spectrum.

 

In a nutshell, the incumbent wireless operators (Bell, Rogers and Telus) made the case that after years of building, investing and growing their wireless networks, they are reaching capacity and need “fair and open” access to the next available blocks of spectrum.  ‘Allow us to bid openly for spectrum’ they said, and we will continue to deliver service innovation and faster speeds to Canadians in all regions, including the rural areas where financials returns take much longer.  Newer wireless players at the conference, including Globalive (Wind Mobile) and Videotron argued a different case that favoured auction devices such as “caps” (limits on the bidding of certain participants) and “set-asides” (spectrum blocks that are not available to certain bidders) .  Set-asides worked in the 2008 auctions, they maintained, and would ensure smaller players had access to spectrum in this auction if they were used again.


Two sets of industry players, both arguing heatedly that their proposals yielded the desired “level playing field”.  That’s what made this conference exciting.

 

The good news it that we have a brand new federal industry minister in Ottawa (Christian Paradis, who attended the conference) who has promised to make spectrum auctions an urgent priority.  He pledged at the show to continue the work of his predecessor (former industry minister Tony Clement) at crafting an auction framework that will be fair to all market participants; both large incumbent wireless operators and the newer wireless entrants, including cable companies.  The start of a beautiful friendship perhaps?  We hope so.

574 Views 0 Comments Permalink Tags: mobile, smartphone
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With the proliferation of smartphones, tablets and other devices, mobile computing is fast becoming the norm – the face of work has changed, and we all want access to our critical data at any time, from anywhere.

 

Mobile computing offers increased flexibility, productivity and more – but we’re learning that this technology doesn’t come without risks. A strong security strategy is necessary to protect both the corporate and private data that multiple teams are accessing through mobile devices.

 

Yesterday, our company and IT World Canada brought IT professionals from across Canada together to explore mobile security and the ever-increasing importance of employee buy-in and compliance with IT policies.

 

The one-hour webinar called “Mobile Security Risks: An IT Department Action Plan,” featured speakers Tim Dafoe, senior security policy advisor with the Province of Ontario, and Hernan Barros, director, products and services, for our security solutions team and was moderated by IT World Canada editor-in-chief Shane Schick.

 

Barros began by sharing stats from the 2010 TELUS-Rotman Joint Study on Canadian IT Security:

 

  • More than 24 millionmobile phones are in use across Canada, with millions of smartphones and mobile computing devices sold each year

  • Of the more than 500 Canadian organizations that participated in the 2010 TELUS-Rotman Joint Study on Canadian IT Security, virtually all respondents across government, private and public sectors ranked the loss of a phone with corporate data as their number one concern

  • About 45 per cent of Canadian businesses plan to invest in technology to secure mobile devices.

 

“We believe it is critical that businesses not only protect incoming and outgoing information from potential threats, but also measure the value of their security investments and protect their bottom line,” he said.

 

With the consumerization of IT and the tendency for employees to want to use their device of choice for work, there is more pressure than ever on IT professionals to be agile, proactive and prepared to protect these mission-critical business tools from things like malware, hackers, and device and data loss.

 

This is especially important for Dafoe, whose IT strategy for the Province of Ontario must protect everyone from government employees working in an urban office, to those serving in remote areas that depend on satellite transmission for data access.

 

“The way we’re responding to it at present is to require a business case to be made,” said Dafoe, emphasizing the importance of approving and tracking those who sync their personal devices with work. He noted that business people are using devices “in very interesting ways” and IT strategists must in turn understand the scope of everyone’s work and bring all stakeholders to the table when making a mobile security strategy.

 

“We don’t just have a business case,” said Dafoe of his public sector team. “We have a duty to protect this information.”

 

Barros said that can be senior executives on a quest for leading productivity apps who can contravene a security policy. This fact emphasizes the importance of getting the support of your entire team. “Education and user buy-in is an incredibly important part of the overall strategy,” he said. “Ease of use also becomes a very critical mandate, [because] alterations to user experience limits the ability to be successful in delivering the security solution.”

 

Barros’ key strategic recommendations for IT professionals developing a mobile security strategy included:

 

  • Minimize impact to the end user: Don’t alter the user’s experience, limit ability to use the device, or require them to take any actions to secure data

  • Maximize the protection of corporate data: Ensure that a lost phone does not mean disclosed data or exposed corporate applications

  • Increase control of the device: Enforce security policies that enhance and link to existing computers and applications.

Ba Barros said that the technology safeguards to address these strategies are things like remote locks, remote wipes, password enforcement and complexity, break detection (privilege escalation and remediation) and device encryption.

 

Overall, the main thread that connected the webinar’s discussion was the need for each IT team to evaluate its company’s appetite for risk before moving forward. Each business is different, and each will in turn require a different approach to mobile security.

 

To hear the full hour of the webinar, check back next week when we’ll have the full webinar posted. If you’re developing a mobile security strategy and want imput, click here to download the full TELUS-Rotman report and whitepapers.

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We’re often asked to reveal the secrets of our success on the most popular social networking sites around, Facebook.  With over 587,000 fans and counting, it has been said that TELUS is one of the most popular brands on facebook.


With the consumer marketing TELUS critter vote drawing to a close, we thought what better way to celebrate than by sharing our success with you.


Secret #1: Understand what keeps your fans interest


It’s no secret that the #1 secret to success on any social media platform is truly understanding who your audience is and how they’d like to interact with you, but sometimes it can be a daunting task.  About a year ago, my colleague, Paula Cusati wrote a blog post regarding, top 3 ways to listen online, which provides some great helpful tools & tips to starting a listening strategy online.  Keeping a pulse on what your customers want and providing value to them on a regular basis is key.

 

“It’s important to make your Facebook fans feel special for being a part of your fan base,” said Frederick Ranger, manager of the consumer social media team at TELUS.  “For example, in January of 2011, TELUS was one of the first companies on board in Canada for the launch of Facebook Deals, providing customers with a mobile coupon they could use when checking into one of our stores through Facebook Places.”

 

TELUS was also the first company in Canada to launch a charity deal on Facebook in early May to its Western fan base, providing $20 to the local boys and girls club organization when someone checked in at a TELUS store.


These and other special promotions allow your Facebook fans to gain true value from being a part of your Facebook community.


Secret #2: Engage your followers by jointly supporting a common cause


“We have always supported breast cancer awareness through our pink Blackberry campaigns,” Ranger continues.   “However in 2010, we wanted to utilize our social media avenues to really generate that awareness and fundraise for the cause.  We developed the ‘Go Pink’ Facebook application and invited people to turn their profile photo pink and were overwhelmed by the response of our fans.”  Approximately 817,000 people responded worldwide and the campaign generated $2.45 million nationally, which enabled ten Go Pink charities to purchase digital mammography machines.

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Secret #3: Provide opportunities for your followers to feel a part of your brand

 

 

“Wherever we go, people seem to resonate and are passionate about the TELUS critters,” Ranger adds. In an effort to drive engagement of our fans on Facebook and really make them a part of the TELUS brand, we thought what better way than to allow our Facebook fans to vote for the next TELUS critter, deciding which will be the next critter of the 2011 back-to-school campaign.”

 

 

So far, the campaign has seen over 587,000 votes and growing, and met its fundraising goal of raising $100,000 to the Nature of Conservancy of Canada.  Each participant is entered into a draw for the chance to win a trip for two to Africa.  The winner of the grand prize and the reigning critter will be announced on June 3.

 

 

 

When asked what the most important thing that businesses should remember, Ranger added, “social media networking is all about trust and open discussions.  It’s important to remember that you’re there to connect with your customers and build that relationship, not market to them.”

 

Have you seen success on your Facebook fanpage?  What are the secrets of your success?  Leave a comment below.

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