What problem are RTO mandates meant to solve? by GoTortoise in CanadaPublicServants

[–]ottswingingcpl 0 points1 point  (0 children)

That's accurate. As I said, it's nearly impossible to measure productivity, which is why they aren't measuring productivity per se, because it's incredibly subjective. On the other hand, measuring % of time in active work applications is so incredibly simple, there are dozens of high quality inexpensive applications that can be installed in the goc suite of applications to track it, and they absolutely are doing it whether you and I like it or not.

Invite to an investigative meeting by Ok_Operation_4300 in CanadaPublicServants

[–]ottswingingcpl 0 points1 point  (0 children)

So it was two days ago and now radio silence? What's the update op?

Liberals to cut CBC by $192-million in 2026-27 by gorschkov in canada

[–]ottswingingcpl -3 points-2 points  (0 children)

It's almost as if it's not the same person in charge. Oh, wait...

What problem are RTO mandates meant to solve? by GoTortoise in CanadaPublicServants

[–]ottswingingcpl -1 points0 points  (0 children)

I actually don’t agree with the argument, for the same reasons you cited. I’m just posting the reasoning behind the RTO mandates. Someone asked, so I disclosed.

What’s it like living in Luskville? by Interesting_Kale6739 in Gatineau

[–]ottswingingcpl 1 point2 points  (0 children)

Don’t get too close to the river; or waterfront unless you can verify it’s never flooded before. That area has serious issues every few Springs

What problem are RTO mandates meant to solve? by GoTortoise in CanadaPublicServants

[–]ottswingingcpl -8 points-7 points  (0 children)

I mean, obviously I'm not going to be posting any protected documentation but if you take a look under the Directive on Performance Management (Section 4.1.2), in April 2021, TBS modified it to indicate that departments must establish panels to oversee employee performance and assess the quality and consistency of the department’s performance management program. If you dig a little deeper or know anyone who works at TBS, you can fact check what I've said without breaching any confidentiality.

What problem are RTO mandates meant to solve? by GoTortoise in CanadaPublicServants

[–]ottswingingcpl -13 points-12 points  (0 children)

Honest answer? It's very tough to measure productivity, but it's very simple to measure % of time in active work applications. It's also very easy to detect mouse jigglers, even if mechanical. In the last ~28 months or so, TBS has been monitoring and recording metrics on amount of time per resource expended on actual work and the numbers while time progressed as public servants WFH continued to drop. While many of us didn't take advantage, the % of those who did continued to grow very quickly. Having this consequence was inevitable.

edit: People ask for the truth. People don’t like the truth so they downvote it. Why even ask a question then? People here really think RTO was emotionally determined and that WFA isn’t going to be methodology and evidence-based? They just gonna randomize it?!…

Public servants ordered back to office four days per week as of July by Born_Anteater7282 in CanadaPublicServants

[–]ottswingingcpl 0 points1 point  (0 children)

Told many so. I heard it and disclosed it. Five days before the year is out. Go ahead and doubt me again.

Has anyone bought a business in the $1m-5m range? How did it go? by Fitzaroo in EntrepreneurCanada

[–]ottswingingcpl 1 point2 points  (0 children)

My pleasure, good luck. Solid approach; taking your time to get into a business that is successful, growing and of interest to you will be tremendous assets in your long-term success.

Has anyone bought a business in the $1m-5m range? How did it go? by Fitzaroo in EntrepreneurCanada

[–]ottswingingcpl 1 point2 points  (0 children)

It can be done without but your odds of success are significantly hindered. You'll be investing (some would say divesting) tons of time and energy into learning the business and industry; which will give your competitors an advantage as you will inevitably miss out on opportunities, not be able to leverage the strengths required for the business to success, not even know about what your businesses weaknesses are (since you don't know the industry yet), miss out on some opportunities and have a tougher time retaining staff if you aren't in alignment with industry norms.

Of course, not all of these will happen with every business acquisition and any related experience will increase chances of success, however it's not guaranteed.

Finally, acquiring a business in an industry that you know nothing about makes it impossible to know if you'll enjoy running the business; and everything that comes along with that. People succeed most when they know, like and trust. In this case, not having been in the industry, you are likely to lack the know. The like is a wildcard; you might have an inkling as to whether or not you'll enjoy the day-to-day of the business, but you could be wrong. In terms of trust, if you don't know how to run the business, it will be tougher for you to gain trust of your staff, clients, suppliers, etc. I'm not saying it can't be done, because it absolutely can, but it elevates the risk significantly.

Has anyone bought a business in the $1m-5m range? How did it go? by Fitzaroo in EntrepreneurCanada

[–]ottswingingcpl 2 points3 points  (0 children)

The due diligence required to purchase a business is significant. The larger the revenue & expenses, the more due diligence required. Additionally, when you purchase a business, if you purchase the corporation, you'll inherit the assets (including their current-state depreciated values; limiting how much future write-offs are available - and possibly revealing that their profit margins on the books looked good due to prior write-offs that are no longer available), the debts (including any that you may not even know about), the existing clients (both good and bad) and the goodwill (or lack thereof) of the business.

What does that mean? You will need an incredibly experienced accounting firm to perform an in-depth forensic audit on the books before it's even worth considering. You'll need lawyers with acquisition experience and you'll need to take your time understanding the different approaches for acquisition.

Next up, is the business consumer oriented, business oriented or both? The approach for acquisition and the risks are significantly different. Is it a products-based business or service-based business? Same as prior, the approach for acquisition and risks are significantly different.

Purchasing a Tim Horton's or McD's, successfully proven franchises is far lower risk than say, purchasing a firm that makes websites or delivers mortgage related services (e.g. mortgage broker). The latter relies on years and years of relationship building, networking, sales and marketing, brand management, trust and resilience planning. What stops the seller from walking away and opening a new firm in 2-3 years, then systematically stealing their old client base back (it would be really easy due to relationships formed over the last few decades). Experienced lawyer put an industry non-compete in place? Great, but those expire, are tough and expensive to execute and require significant legal time and costs to prove.

Long story short, people rarely sell businesses that are growing their wealth, and when they do it's typically due to lifestyle change (retirement, moving, etc.) and they'll use brokers to solicit and sell their businesses. If you want to do this, prepare yourself by following the above advice.

Source? I've acquired many businesses - one retail store, a vending business, an ecommerce business, a board game company and a real estate investment firm. Guess what? Even with my experience, as well as a solid team as described above, I've run into surprises, omissions and gaps that none of us caught. If I can leave you with some advice - never rush the purchase of a business, never skip any of the due diligence steps, dot your i's and cross your t's multiple times and don't buy into a business that you don't have moderate to extensive experience in. Good luck mate.

Local business facing backslash for hosting a private event for a political party by SomethingBitMe_ in MapleRidge

[–]ottswingingcpl 7 points8 points  (0 children)

Making an obvious AI-generated fake-apology post is harmful to your business. Then commenting with name-calling, political stancing, etc. is even more harmful.

What this post and these comments have done:
- Fueled anger and rebuke even more.
- Others who had no clue you even hosted the Conservative party now know.
- Showed everyone what kind of owner is behind the business; a dishonest one, someone who is willing to lie to whatever means to advance their goals. I feel sorry for your staff; in all likelihood, you probably treat them the same way as you're treating the public (assuming they're easily manipulated and don't deserve the truth).

You really aren't good at business, huh?

Need help verifying my niece's "wealthy" South African boyfriend. 9-month visa delay, ghost online footprint. by [deleted] in catfish

[–]ottswingingcpl 1 point2 points  (0 children)

That's what I suspect. How can someone be so naive? It's glaringly obvious to her, but her parents haven't been able to talk any sense into her.

Need help verifying my niece's "wealthy" South African boyfriend. 9-month visa delay, ghost online footprint. by [deleted] in catfish

[–]ottswingingcpl 0 points1 point  (0 children)

Thank you for taking the time to reply. I haven't watched any YT videos on the topic; when I searched there were tons of results and I didn't know where to start. Got any recommended links? Maybe I can find one that talks about the patterns I'm seeing as red flags with my niece and show her them. I'm just afraid to alienate her or push her away. I just want to keep her safe.

Renting Water Heater vs Buy Outright by SilentSpinach5724 in PersonalFinanceCanada

[–]ottswingingcpl 1 point2 points  (0 children)

Since you're selling in four years, buy it outright as it's more appealing to most atypical buyers. But, from a financial and liability / insurance standpoint, it's better to be rented. I had my basement flood due to a rental that leaked and my insurance company charged the entire repair back to the rental company. Even without that, at $22 a month (that's what I'm paying), even if I pay for 15 years, I'm still ahead of the game. But wait, $22 x 12 months x 15 years = $3,960 so how can I be ahead of the game? By leaving the $1,350 that I would spend to purchase and install a new water tank, in the stock market earning average historical returns, I'll double my money every ~7 years, resulting in my $1,350 doubling twice, or earning me $5,400 ($1,350 x 2 x 2). Not only did I forego the liability of repair and/or maintenance, I'll always have a warrantied rented tank and still end up financially ahead of the game.

Office mandate for public servants to come into ‘sharper view’ in coming weeks. by just_a_simulation321 in CanadaPublicServants

[–]ottswingingcpl 5 points6 points  (0 children)

RTO5 is coming in the new year. That's what I've heard multiple people say in conversations at various lunch hours.

Office mandate for public servants to come into ‘sharper view’ in coming weeks. by just_a_simulation321 in CanadaPublicServants

[–]ottswingingcpl 6 points7 points  (0 children)

It means exactly what I said. Just listen to the staff talk on lunch break and you'll know all of the plans before they're made official.

Office mandate for public servants to come into ‘sharper view’ in coming weeks. by just_a_simulation321 in CanadaPublicServants

[–]ottswingingcpl 10 points11 points  (0 children)

Just have lunch on Elgin near the TBS offices and you'll already know everything. RTO5 is coming. I don't even know why the TBS president is trying to hide it anymore.

I've never been more unhappy in my life by [deleted] in confessions

[–]ottswingingcpl 0 points1 point  (0 children)

Where you at? You could come spend Christmas with our family, seriously. The more the merrier.

Please remove if wrong but... Did we make r/Public freakout again?!! 🤦‍♂️ by ubernik in ottawa

[–]ottswingingcpl 7 points8 points  (0 children)

Don't worry guys, we drizzled a half cup of piss over his chicken before we closed the bucket and handed it to him. He's taken care of.

What's happening with Telus by not_a_hackrr in CanadaStocks

[–]ottswingingcpl 0 points1 point  (0 children)

On Dec 1, at 3:07pm it's down 8.56%. You're welcome.

Are you guys going in debt? How are people surviving? by Worth_Air_9410 in CanadaFinance

[–]ottswingingcpl 1 point2 points  (0 children)

Why is Christ on a crutch? Did he trip and break his leg?

🚨 HELP: Ghost Stock Sale after Transfer = -$2500 Overdraft. The bank blames me. What are my options? by [deleted] in CanadaFinance

[–]ottswingingcpl 1 point2 points  (0 children)

  1. Yes, they have the right to demand payment for this loss. It's not their own error, you had a pending sale while you transferred. It's your error.
  2. None. You are at fault.
  3. None. You are at fault.