Friday, July 25, 2008

Canadian Export Environment: "Something is rotten in the state of Denmark." (Hamlet)

Canadian Export Environment: "Something is rotten in the state of Denmark." (Hamlet)

Finance: Canada's four largest banks rank in the world's top fifty while at the same time are outpaced and outranked by competitor nation banks. Canada's banks could improve this performance over time especially considering their abilities to develop niche marketing techniques, adapt more successful competitor models of investment, gain insider reflection of target customers and make alliances with larger global banks.

The World’s Safest Banks 2007
http://www.gfmag.com/index.php?idPage=612

Human Relations: Canada's workers are well skilled and trained in comparison to many nations. However in terms of outsourcing Canada has often been a source location of outsourced contracts for the US market rather than an outsource client of such contracts meaning a core element of the international business environment required to succeed in exporting is missing.

http://www.outsourcing-canada.com/nearshore.html

Planning: Canada and Canadian businesses are often considered risk averse. While this protects many companies from losses, international trade planning is supposed to reveal instances where opportunities and potential gains outweigh or mitigate possible risks or uncertainties. However without a managerial openness to global markets development Canadian companies are doomed according to the Association of Canadian Manufacturers and Exporters.

http://www.cme-mec.ca/national/template_na.asp?p=471

Technology: Canada's ranking of 14th place or a D Grade in Innovation in the study of 17 OECD nations is abominable and requires more than a grunting acceptance that significant changes are desperately needed to propel Canada's future record of innovation.

Innovation Nation
http://www.cata.ca/Media_and_E...s/cata_pr10180601.html

Procurement: Canada's abhorrence or shunning of global trade and development or lack of international proclivity to trade must be reversed through any or all possible means as such an indicator must project beyond the business environment to reflect negatively upon Canadian culture itself regardless of its supposed multicultural nature and implicates a problem in the roots of Canadian national identity. Weaknesses in multilateral trade rules openness is not an option in today's globally connected world and gives Canada an overall appearance of excessive nationalism and/or protectionism.

The Global Enabling Trade Report 2008
http://www.weforum.org/documen...r08_browser/index.html

After Sales Service, Marketing and Sales, Operations: All appear flopsy, minuscule and insufficient.

Inbound/Outbound Logistics: Canada’s logistics capabilities are excellent. All of the fixtures are there so why is it not working?

Production: Canada manufactures 55.6% of its exports, and only 27.4% could be considered natural resources or raw materials, along with agricultural products at 11.4%. (The Global Enabling Trade Report 2008). In conclusion The Conference Board of Canada has issued a report card on Canadian competitiveness:

Economy: B
Innovation: D
Environment: C
Education and Skills: B
Health: B
Society: B

“By benchmarking Canada’s performance against its international peers, Canada can learn what it can do to sustain a high quality of life and also what should be avoided.” (A Report Card on Canada, 2008)

How Canada Performs: A Report Card on Canada
http://sso.conferenceboard.ca/HCP.aspx

"Something is rotten in the state of Denmark"

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