Optimism Returns To Canada's Oil Industry

Optimism is returning to the Canadian oil industry as demand rebounds and production follows, Bloomberg has reported, citing the chief of the Canadian Association of Petroleum Producers.

“There’s no denying that we’ve been beaten, battered and wounded and industry was faced with some of the biggest challenges last year we’ve ever seen,” Tim McMillan said at the Scotiabank CAPP Energy Symposium. “Our industry still has its best days ahead of it. In fact, over the past year, our industry has rallied and we’re approaching a future with cautious optimism,” the CAPP chief executive added.

Even so, things are beginning to look up for an industry that was struggling to stay profitable even before the pandemic as pipeline shortages kept costs high, and emissions-cutting plans at the federal level threatened long-term profitability.

Many Canadian oil companies will remain focused on cost cuts, Bloomberg reported, citing attendees of the CAPP conference. Shareholder … Read more

5 Things that business leaders shouldn’t do while working with a remote team

Since the COVID-19 pandemic broke out early last year, most companies globally have shifted to a work from home set-up that allowed flexibility and convenience to employees and business leaders.

According to a recent study, people employed in a remote work setting have increased productivity than those who work in an office. Reasonably, working from home entails fewer distractions and increases work-life balance, making it easier for workers to focus more on their jobs.

It also opens up many advantages to your business, such as minimal operational costs, low turnover rates, and improved employee performance.

While it may seem to have its fair share of benefits to employees, working from home poses a few challenges to managers who are used to overseeing their team on site. The sudden shift can be mentally tricky and overwhelming since both set-ups have entirely different elements.

To reap its advantages, avoid these six mistakes … Read more

Compass Offices: Redesigning the Flexible Workspace for the Future

The term coworking extended to sharing the same office space with teams from different companies giving rise to a shared space environment in 2009. However, many companies found this new trend affecting the work culture at the office. Most professionals and corporates preferred a private and secure space having an option to step out for networking opportunities and casual meetings or a coffee break to unwind and recharge appeals to this segment.

Compass Offices observed this market gap and entered the market with a new flexible office space solution. Hans Leijten, the CEO, shares his motivation behind founding Compass Offices. “We observed that hybrid concept with shared workspace, business lounges, and meeting rooms was the answer to the growing needs of flexible spaces. Our aim was to create a great workplace that meets the needs and preferences of our clients.

Further with an added professional services … Read more

Kosy Office: Revolutionising the Remote Work Culture

2020 brought a year of lockdown and teams had to adapt to the new normal of working from home. With this new change, however, came new challenges of maintaining and managing communication and cooperation with employees working remotely. Though the concept of working remotely was put more in limelight due to lockdown, it has been existing for over a decade facing the challenges of team engagement, communication, and collaboration.

After years of working remotely, Yanis Mellata, CEO and Co-founder of Kosy Office, experienced the same challenges. Determined to find a concrete solution Yanis with his co-founder Sam, founded the company, which is a virtual office platform that has been reinventing team interaction and paving the way to the biggest work revolution in decades.

Yanis shared his motivation behind co-founding the Kosy office, saying, “Kosy was built for employee engagement and social interaction,” he said, “We have been making Read more

The Executive Centre: The Leading Premium Flexible Workspace Provider Empowering Businesses With Choice

Today the flexible workspace and coworking industry is bustling with multitudes of choices for the modern-day professional. However, there is a standout leader within the premium flexible workspace segment amidst the competition: The Executive Centre (TEC).

Conceived back in 1994 when the flexible workspace industry was yet to be established and the concept of shared workspaces and coworking offices was still novel, The Executive Centre began to build its presence amongst corporate and professional clientele starting in Hong Kong. Today, TEC is the Asia Pacific’s premium flexible workspace provider with over 150+ Centres in 32 cities and 14 markets covering Greater China, Southeast Asia, North Asia, Australia, India and the Gulf countries.

A Formula for Success

At the heart of the business is a Member-First philosophy which drives their innovations, product offerings, functional design, aesthetics and sustainable development. By thinking from the perspective of the end-user, whether that’s professionals, MNCs … Read more