Exploring Canadian Federalism And Business Models

The challenges of expanding competencies in Canadian federalism

Through the above-mentioned quote, the author explains the explicit decision of the Canadian government in expanding its competencies beyond its core responsibilities without even considering the strengths and weaknesses of the governmental sectors. According to Savoie (2019), in the book “Democracy in Canada: The Disintegration of Our Institutions” the author tries to investigate the different forces which are responsible for shaping the structure of Canadian federalism. He tries to refer to the various political decisions taken by the Fathers of Confederation to exploit the rights of the different communities for acquiring powers and positions in the country. It has been noticed that Canada has subsequently adopted its political and administrative institutions deriving inspiration from the British style of governance. To match up with the standards of Britain it has been noticed that Canada’s administration also followed the notions of including aristocracy in its political team (Savoie, 2019). At present, the country has significantly been experiencing a gradual division between the urban and rural segments of the country. The disrupted balance in the population directs to the discrepancies in policymaking decisions as most of the problems are going to be noted through the lens of urban elites. According to Savoie (2019), whatever the condition of the indigenous communities might now be at present, in the history of Canadian federalism, the division of power stated different events. The central government of Canada has been known to have possessed complete authority for managing every kind of deemed “Indian problem” alongside the banded meagre authority in the country. Moreover, the central government's "Indian Agents" were given the power to dictate and channel the scope and pace of every transformation that can be entitled into the various sectors of the indigenous community (Savoie, 2019). In this context, the Indigenous people have been noticed to be addressing historical injustices like social exclusion. Once the power and authority have been divided, it can be noticed that the indigenous people have been questioned for legitimacy. The communities have also been subsequently forced to compensate for the historical wrongs. However, in this context, the majority of obligation is forced on the rural areas compared to the urban communities. Even though the rural section of Canada can be regarded to be more self-reliant, the economic conditions in the country have been quite difficult and challenging. This has resulted in a lack of proper business infrastructure or any other form of social development.

According to Magretta (2012), the "Business model" is regarded as one of the effective buzzwords which have significantly allowed the Internet to bloom at its true essence. It defines that the original component behind the success of the organisations and companies in the market is a successive digital business model rather than depending over the core competencies or strategic implementation of ideas and principles. As opined by Magretta (2012), Through the significant innovative business models incorporated in the organisations to tackle factors related to risk and complexities in business management. Considering the optimising nature of the era of digital products, it is absolutely necessary that businesses incorporate bold ideas and decisions related to advancing their operations. The nature of the new business culture is different and is aimed at challenging the traditional methods in business. In the above-mentioned quote, the main message in Joan Magretta would have been purposed to spread to the readers is that innovation and creativity should be the main ingredient in creating the perfect business model for the organisations to sustain the wave of new creations and changes in the world. It has been further suggested by Magretta (2012) that the essence of innovation and creative thinking provides a unique value proposition for the business which can be explained through the examples of the Kodak camera on comparing it with the one-dollar Brownie. Even though innovation is regarded as an important pillar behind the success of digitized business institutions at present, the uncertainties related to innovation cannot be ignored. Innovation management strategy significantly helps the organizations in managing and mitigating most of the uncertain risks and competition in the market. However, the aligned strategic perception in the methods of visualizing innovation and risk analysis should be bake to comfort the organizations to accept the uncertainty related to innovation. The constraints of a business model are subsequently essential in the process of defining the business model in terms of an adjustable budget to ensure that the market value of the company and the products are remained intact (Magretta, 2012). However, the process is quite challenging for the companies to bear with since the sparks related to creativity and innovation are quite difficult to manage at a regular pace. In this context, the key discipline for maintaining the effectiveness of the business is regarded to be evolving the innovation strategies installed in the process. Considering the story of David Pottruck, the co-CEO of Charles Schwab, the illustrated example of the importance of establishing strong business models is significantly promoted by the attempts taken over by Magretta (Magretta, 2012).

The importance of innovation and creativity in sustaining business models

Tight coupling can be considered a coupling technique that is used by the hardware and software components to create a dependency on each other. It is also used to refer to the state of the intensity of interconnectivity within two or more computing systems within the integrated chain of systems. According to He et al., (2018), It is known to be primarily used in the enterprise systems and applications in which the interconnectivity between the various applications of the systems has been processed. At the same time, it is known to deliver a significant cohesive and integrated solution. However, within an organizational context, the importance of tight coupling can be classified as the communication level between the managers and the employees. In a tightly coupled organisation, the management is able to intricately monitor the progress and weaknesses of the workforce. According to Abram et al., (2020), the efficiency of the company is increased through the close monitoring of the activities conducted within the operational sector of the organisation. The contributions of the different sectors within an organization are subsequently measured considering the opportunity for identifying the instances of wasted efforts and upon eliminating these factors the organizational performance is uplifted. However, in the current generation of innovation and technological advancement, the companies most often prefer to be open to adopting new ideas. This gradually creates complexities for the ideologies and concept of tight coupling. As suggested by Grant et al., (2018), the biggest disadvantage of a tight coupling organizational structure is that it restricts the functioning and does not allow the organisation to incorporate new ideas. Considering the potential disadvantage of this kind of workplace structure, it can be said that the whole organisation is challenged in the process of implementing strategic innovation, hence, performance quality of the organisation is put at risk. To match up with the volatile business environment at present, it can be noticed that the administrations in the public organizations are increasingly accepting a hybrid structure to manage the performance optimization of the organizations. As proposed by He et al., (2018), the reason behind the significant transformation in the institutional administrative policies is to incorporate the different generations of reform waves. The organizations have subsequently moved on from the influence of bureaucracy to explore new opportunities. Hence, it can be said that the tight coupling situations into administrative domain has subsequently liberalized considering the benefits of the circumstances and revamp the traditional structural and cultural features of the organizations.

Resource allocation can be considered to be the most difficult and awful technocentric phrase which makes the individuals glaze over. Similar to value creation, resource allocation can be considered to be a significantly abstract and colourless phrase that is quite difficult to fabricate (Boon et al., 2019). As defined by Magretta, it can be noticed that the difficulty in matching the resources to create opportunities for the firms to perform well in the market. It is a matter of information that is subsequently derived through enunciating the importance of allocating the correct resources for serving its individual purpose. Organisational conflicts related to diving the assets are a common phenomenon that needs to be controlled with respect to strategic management. According to Vrontis et al., (2022), through a balanced allocation of resources, it can be noticed that even small businesses can be transformed into huge empires. The following quote "Allocation by the numbers eliminates the politics and numbs the pain" directs to the importance of strategic planning related to the effectiveness and quantity of the resources that need to be distributed. The theory of management as opined by theorist Peter Drucker is believed that the managers need to be having an overall access to the leadership for promoting innovation and discipline in the work environment rather than creating unnecessary pressure. As the employees feel equally appreciated and valued the level of workplace politics is subsequently managed. The confidence of the workers is immensely boosted as they stir up within the workforce when being rewarded for their efforts. Drucker also directs to the importance of collaboration as an intricate part of managing the distribution of resources in organisations. However, as suggested by Bahri (2021), encouraging collaboration does not mean that the employees are not encouraged to work individually. Rather, it should be aimed toward creating engagement within the employees for inculcating emotions related to team building. For performance-oriented companies, it is known that the smartest way for allocating the resources is essentially done by evaluating the performance intel of the employees and the overall market performance of the company at fiscal intervals. The story of intel transition is regarded as an essential segment in the areas of microprocessing which is operated through high-margin products and powerful computing devices. The decision of the US-based companies to rely upon Intel and grapple for evaluating the performance of the companies and the employees have been widely accepted by the business market as a memory device to optimise and regulate peaceful resource allocation within the workspaces (Vrontis et al., 2022).

References

Abram, N. J., Wright, N. M., Ellis, B., Dixon, B. C., Wurtzel, J. B., England, M. H., ... & Heslop, D. (2020). Coupling of Indo-Pacific climate variability over the last millennium. Nature, 579(7799), 385-392. https://doi.org/10.1038/s41586-020-2084-4

Bahri, S. (2021). Human Resources Management in Social-Cultural Life. Jurnal Mantik, 5(2), 1133-1139. Retrieved from: https://iocscience.org/ejournal/index.php/mantik/article/download/1477/1042

Boon, C., Den Hartog, D. N., & Lepak, D. P. (2019). A systematic review of human resource management systems and their measurement. Journal of management, 45(6), 2498-2537. DOI: 10.1177/0149206318818718

Grant, E., Salmon, P. M., Stevens, N. J., Goode, N., & Read, G. J. (2018). Back to the future: What do accident causation models tell us about accident prediction?. Safety Science, 104, 99-109. https://doi.org/10.1016/j.ssci.2017.12.018

He, Y., Zhao, J., Guo, Y., He, W., & Yuan, K. (2018). PL-VIO: Tightly-coupled monocular visual–inertial odometry using point and line features. Sensors, 18(4), 1159. https://doi.org/10.3390/s18041159

Magretta, J. (2012). What Management Is: How it Works and why It's Everyone's Business. United Kingdom: Profile Books. ISBN:9781847656827, 184765682X

Savoie, D. J. (2019). Democracy in Canada: The Disintegration of Our Institutions. McGill-Queen's Press-MQUP. ISBN 978-0-2280-0040-2

Vrontis, D., Christofi, M., Pereira, V., Tarba, S., Makrides, A., & Trichina, E. (2022). Artificial intelligence, robotics, advanced technologies and human resource management: a systematic review. The International Journal of Human Resource Management, 33(6), 1237-1266. https://doi.org/10.1080/09585192.2020.1871398