Issue #13

November 19th, 2020

TESTING Economic Resilience – Episode #3

https://youtu.be/ItH-9Hf3UsQ

The economic downturn is global. Economic resilience is being tested. What are the prospects for recovery by SECTOR: Public Services, Professional Services, and Industries?

Fall 2020

Governments worldwide are struggling to contain the social and economic impact of Covid-19.  Economic recovery will hinge on the resilience of your economy – the capacity to bounce back from shocks such as Covid-19 and others identified in our MEGATRENDS Report. What is the prospect for a rapid recovery? Alberta is a case in point.  Our October sentiment survey’s findings are being released in 5 episodes.

In this issue we are presenting Episode #3 HERE highlighting how economic resilience differs by SECTOR for Public Services, Professional Services, and Industries. 

• Episode #2. LOCATION. The 2020 Test of Alberta’s Economic Resilience HERE
• Episode #1. OVERALL. The 2020 Test of Alberta’s Economic Resilience HERE

The 1st Episode highlighted the Overall status of Alberta’s economic diversification/ resilience and the factors influencing your sentiment. Episode #2 addressed resilience by Location. The concluding Episode #4 highlights your views of the effectiveness of Alberta’s Innovation Ecosystem and the role of government in economic development. Episode #5 concludes the Program with Summary Recommendations.

The Alberta Government’s Plan for Recovery released June 2020 HERE

The Alberta Government’s recovery plan addresses “…the triple threat of the largest public health crisis in a century, the biggest global economic contraction since the 1930s, and an unprecedented collapse in energy prices.” The Plan includes what the Alberta Government proposes for “…building, diversifying, and most importantly creating jobs.”

Former Reports – See also PerryKinkaide.com

Why Alberta’s SMEs Fail to Grow!  Weak relational skills and undeveloped provincial networks are cited as a primary contributor to why SMEs fail, stall, or don’t stay.

Engaging Youth – The Future of Work  Students across Alberta cite metal health issues and concerns with emerging technologies disrupting the future of work.

Is Public Procurement Broken? Both administrators and contractors agree, current policies and practices in public procurement as needing fixing.

The Future of the Professions  Given their increased level of education and public access through the internet to information, the client is changing and seeking not just knowledge, but also a relationship.  A warning to the professions and those involved in recruiting, training and human resource management.

Creativity & Convergence – “Creating the New Alberta” Proceedings of a Conference series citing how innovations are transforming Alberta’s industries and professions including resolutions for “Creating the New Alberta”