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June 2024 - Vol. 5, Issue 6 | |
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Welcome to the June edition of On The Button!
As always we're thrilled to share the latest insights, trends, and updates shaping the landscape of business, Procurement and IT. In each edition, we aim to curate valuable content that not only informs but also inspires. Whether you're a seasoned professional or just starting your journey as an entrepreneur, our newsletter is designed to keep you ahead of the curve.
As we embark on this journey together, we want to express our gratitude for your continued support. Thank you for being an integral part of our community, and here's to a year filled with growth, success, and shared accomplishments. | |
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Bridging the Gap: Enhancing Public Sector Procurement with Private Sector Agility and Innovation | |
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Introduction:
Public sector procurement in Canada has traditionally operated within a framework of stringent regulations and procedures aimed at ensuring transparency, accountability, and the responsible use of taxpayer funds. While these principles are crucial for maintaining public trust and integrity, they can sometimes lead to bureaucratic processes that hinder agility and innovation. In contrast, the private sector is known for its flexibility, agility, and ability to capture innovation quickly to drive business growth. In this article I explore, based upon my 35 plus years of servicing both sectors, the top differences between public sector and private sector procurement best practices in Canada and provide my recommendations for public sector procurement to adopt the advantages of private sector practices while still adhering to best practices.
1. Regulatory Environment: Public sector procurement in Canada, is governed by specific laws, policies, and procedures at every level of government, with the aim to ensure transparency, fairness, and accountability in the use of taxpayer funds. Private sector, while compliance with relevant laws and regulations is essential, the focus is primarily on achieving strategic objectives and gaining a competitive edge.
Read the full article here.
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Reviving Canada’s Entrepreneurial Spirit: A Call to Action for the Business Community | |
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Facing a two-decade decline in new startups, business leaders must foster mindset shifts and community support to reignite innovation and economic growth.
By Jeremy Dawn, CEO of SNFLWR Corporation
Over the last two decades, a quiet crisis has been unfolding within the Canadian economic landscape: the sharp decline in the rate of new entrepreneurs. This trend is particularly alarming given the pivotal role that small and medium-sized enterprises (SMEs) play in our economy, generating 98% of all jobs and acting as the backbone of both local and national economic structures. Recent reports from Business Development Canada paint a stark picture—entrepreneurial initiatives have halved, signaling a potential disruption in innovation and economic vitality.
Read the full article here.
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We strive to keep you up to date and informed about company news, events and updates! We have also featured various upcoming business events going on in the GTA! | |
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Don't Miss The Entrepreneuring Show with Jill Button! | |
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Join Jill Button, Founder & CEO of ProcurePro Consulting and the ProcureHub Marketplace every Thursday at 12pm EST, streamed live on LinkedIn, YouTube and Facebook.
Hear from ProcureHub community entrepreneurs, leaders and business experts as they share their entrepreneurial journey, lessons learned and industry insights.
Read more details here. | |
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'I am an Entrepreneur' Contest Enter to Win $1000! | |
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The “I am an Entrepreneur” contest aims to promote entrepreneurs and SMB leaders throughout Ontario. By sharing their inspiring videos showcasing their journey and what drove them to become entrepreneurs, we’ll spotlight them and their businesses, celebrating the vibrant diversity of entrepreneurship across Ontario!
Read more details here. | |
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Join ProcureHub at BizCon in July! We'll be exhibiting with a number of our ProcureHub members so be sure to stop by and say hello! | | | |
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Earlier this week ProcureHub exhibited at the Small Business Show at the Metro Toronto Convention Centre.
We celebrated ProcureHub's 1st Birthday with some cupcakes and giveaways!
We made a lot of new connections and ran into a number of ProcureHub members! | | | |
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One-Stop-Shop for Small and Medium Business Services! By leveraging trusted, verified suppliers, ProcureHub enables SMB buyers to say goodbye to wasted hours scouring the internet for the right supplier. Our marketplace saves you time and money by providing a one-stop-shop for all your business needs. | |
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We're proud to have the following businesses join us on The ProcureHub Marketplace. To checkout their services and more visit www.procurehub.ca | |
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RCG InfoSoft is a Canada based IT Talent Consulting and IT Services provider dedicated to connecting exceptional talent with thriving businesses. | | | |
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Pegasus Evolution's expertise in employee recruitment, engagement and retention will give you the HR edge you need while you focus on growing your business. | | | |
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doze!gfx provides small businesses with general Software or Website Support (diagnose, troubleshooot, repair and emergency fixes) along with design and print ready graphics! | | | |
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Cybersnap focuses on empowering employees with the knowledge they need to keep their company's data safe, by prioritizing education and putting the human element back into cybersecurity.
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Looking to hire any of these vetted and verified suppliers? Click here to join the ProcureHub Marketplace. It's FREE! | |
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BookTrib Review - How NOT To Get Screwed By Your Suppliers And SAVE Millions!
Read the review here!
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Practical, Applicable, Sustainable Solutions!
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