Thursday, August 16, 2018
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Welcome to the NABI Blog. Our Blog is intended to inform, explain, clarify and raise awareness on current business topics and issues. Do you have a story you would like to share on our blog or be featured in our newsletter? Simply send an email and tell us what you want us to know. We want to hear about your success stories.

New Year, New Office Space! SuperUser
NABI has a few new vacancies, so here is your chance! Join the NABI family of businesses and grow your business to a whole new level. All you need is a viable business idea, a willingness to learn and a passion to grow your business. Call 460-1000 or email to see if NABI is a good move for you.  

Book Review: Kevin O’Leary, Cold Hard Truth, on Business, Money & Life SuperUser
Kevin O’Leary, Cold Hard Truth, on Business, Money & Life Short Book Review by Dar Schwanbeck, CMC, Managing Director, NABI Once (or if) you can get past O’Leary’s hard-assed, unflinching love of money, he does offer valuable insight into entrepreneurship, business and life in general.  Perhaps what’s most interesting is that ...

Lots of ideas and good intentions, yet little innovation. What’s going on here? SuperUser
By Dar Schwanbeck, CMC    Managing Director, NABI Last week I attended a meeting where several large organizations were exploring the topic of innovation. I expected that groups, such as these, would be at the forefront of implementing new ideas and managing change.  After all, aren’t our competitive advantage, economic growth ...

Way to go St. Albert Leader! SuperUser
Way to go St. Albert Leader!  You made it through your first year without missing a beat!  All 52 editions! A year ago when Rob LeLacheur came to NABI with a plan to start a newspaper, I wondered what the hell he was thinking; But as a betting man, my hunch was that if anyone could pull it off, Rob could….an entrepreneur at heart, a guy willing to learn and a true St. Albert champion!  And of course, it’s always good to have worthy competition in any market! Well, over the past year Rob and his team have reinforced what a clear vision, great business model and the right people can do, despite all the odds.  Don’t ever underestimate what dedication and commitment can accomplish! - Dar Schwanbeck, CMC NABI Managing Director

Book Review: Drive-the Surprising Truth about What Motivates Us by Daniel H. Pink SuperUser
Book Review by Richard Belzile, Edmonton, Alberta Though many businesses tend to constantly improve their processes and adopt new technologies to stay competitive, few have taken the time to understand motivation. Since the beginning of the 19th century, businesses have mostly relied on the same approach: human response to rewards and punishment in their environment (the carrot and the stick). We reward good behavior and we punish bad behavior. This seems intuitive. But is this the best way? Daniel Pink does an in-depth study of what behavioral scientists have learned about the true nature of motivation and how most businesses are missing the mark. In his book, Drive: the Surprising Truth about What Motivates Us, Pink explains what behavioral scientists know about motivation and how businesses need to close the gap between what they do and what science knows. To illustrate his point, he compares the development of Motivation to the development of a computer operating system. Motivation 1.0 was all about survival. Eating, Drinking, and Procreation were the factors that drove us as a species. Motivation 2.0 was developed with external rewards and punishment as the driving factor. His argument is that although Motivation 2.0 was an effective tool to perform routine twentieth-century tasks, it lacks compatibility with the demands of the twenty-first century.

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Northern Alberta Business Incubator Society (NABI)

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Mission Centre 

13 Mission Avenue
St. Albert, AB  T8N 1H6

Phone:   780.460.1000
Fax:        780.460.5074

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Campbell Centre

200 Carnegie Drive
St. Albert, AB  T8N 5A7

Phone:   780.460.1000
Fax:        780.460.7205

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NABI Commons

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St. Albert, AB  T8N 5B2

Phone:   780.460.1000
Fax:        780.460.7205

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