Why Allowing Alternative Business Structures Could Help Articling Students

Recently the Toronto Star published an article on abusive workplaces for articling students. Although the broad range of abuse was not covered, it has been noted before by Dean Adam Dodek that the abuse ranges from unpaid or underpaid work, termination without cause, harassment, and the absence of proper supervision or feedback. In response, Dean Dodek … Continue reading Why Allowing Alternative Business Structures Could Help Articling Students

Shareholder Value Maxim: Passe?

People often think that the purpose of the corporation is to maximize shareholder wealth. Lynn Stout (a Cornell University business professor) blames the famous 1919 Michigan Supreme Court decision in Dodge v. Ford Motor Co. 170 N.W. 668 (Mich. 1919) for the view that corporations exist to make money for their shareholders. Stout states that the quotation … Continue reading Shareholder Value Maxim: Passe?

Printing and Licensing 3-D Designs

The Internet is a democratizing force. In Makers, Chris Anderson (@chr1sa) writes that “the beauty of the web is that it democratized the tools both of invention and production…Computers amplify human potential: they not only give the people the power to create but can also [to] spread their ideas quickly, creating communities, markets, even movements.” … Continue reading Printing and Licensing 3-D Designs

Banking and the Internet

I am currently writing an essay for my Banking law class, with a focus on how the Internet is transforming the way consumers bank. In Bank 3.0, Brett King remarks that the Internet has displaced the bank branch. Historically, the bank branch was at the core of banking. We have gone from being “dependent on a branch … Continue reading Banking and the Internet

Career Strategy and Resilience

“The pursuit of money at its best can mitigate the frustration in your career… Yet the siren song of riches has confused and confounded some of the best of our society.”      – Clayton Christensen (@claychristensen Harvard Business Professor, in How Will You Measure Your Life) Clayton Christensen argues that in order to find true career … Continue reading Career Strategy and Resilience

Uber versus Driverless Cars

Right now there is a lot of hype about the taxi service Uber, especially regarding how convenient they are compared to the traditional taxi companies. However, I often wonder how Uber prepares to deal with the imminent threat of driverless cars. Google has already created and produced driverless cars. The only real barrier at this … Continue reading Uber versus Driverless Cars

Questions Every Business Should Ask Themselves

  In the final chapter of the book How Google Works by Eric Schmidt and Jonathan Rosenberg, they pose questions that every industry should ask themselves. What could happen in your industry in the next five years? What could change the most quickly? What would stay the same? How would a smart, well-capitalized competitor attack … Continue reading Questions Every Business Should Ask Themselves

Business Model Canvas: the new business plan

  The Business Model Canvas is a visual tool that allows you see to your entire business model on one page. It is supposed to be continually updated as your business progresses. The Business Model Canvas was designed by Alexander Osterwalder, as part of his PhD from HEC Lausanne. The categories in the Canvas are: customer … Continue reading Business Model Canvas: the new business plan

Monkey Business: Copyright and Contracts

In 2011, David Slater (a professional photographer) visited a national park in Indonesia. While there, he left his camera unattended. The Daily Mail writes: It soon attracted the attention of an inquisitive female from a local group of crested black macaque monkeys, known for their intelligence and dexterity. Fascinated by her reflection in the lens, … Continue reading Monkey Business: Copyright and Contracts

Client Discovery

Steven Blank writes in Four Steps to the Epiphany that “startups don’t fail because they lack a product; they fail because they lack customers and a proven financial model”. He recommends that a new business should focus on understanding their clients’ problems, “discovering a repeatable roadmap of how they buy, and building a financial model … Continue reading Client Discovery