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Managing for Growth – Rising Challenges: 2016-2018

Event Date: October 27, 2015 Event Time: 7:30 a.m. - 10:00 a.m.

Rising Challenges: 2016-2018 Economic Seminar Executive Summary

 Executive Summary

Canadian economic indicators show a very mild recession to March 2016, followed by growth of 2.6 % for the balance of 2016 and continuing in 2017 and 2018.

  • Global leading indicators also show nominal growth to March 2016.
  • Crude oil future prices should slowly improve in 2016.
  • The slump in oil prices was partially due to the rise in inventory and the levelling of oil consumption, which started in 2008.
  • Canadian dollar should gradually improve with the rise in oil prices.
  • Tourists are coming to Canada and Ontario.
  • Housing starts continue to be strong year over year.
  • Canadian retail sales shows modest growth, Toronto’s is over 6%.

Management Objectives – Preparing for the Rise Ahead By ITR

 Budget for the rise…do you have enough…

  1. Invest in customer market research to reduce price sensitivity
  2. Make sure your training and retention programs are top notch
  3. Marketing and advertising spending increasingly effective
  4. Drive efficiencies with technology
  5. Hire sales people and leaders
  6. Lock in costs by mid 2016
  7. Expand credit offerings to garner market share
  8. What are you going to do to avoid 2019?

If you would like a complete set of the presentation material please email us at aho@hss-ca.com

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