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About Frank SAPAA

Webmaster and Board Member of SAPAA and born and raised Albertan. Love exploring Alberta particularly in the winter on snow shoes.

What is This Budget-Thing You Speak Of?

I recall sitting in a board meeting for a non-profit I was involved with years ago and the budget process came up. Specifically the word ‘budget’ meant to different things to different board members.

A 2x2 matrix using the axes of Openness and Authority/Standards
Openness X Authority Matrix
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Co-opetition at 20-Something

In my ongoing effort to remember what I have read, some notes (aka memory jogs) on the book “Co-Opetition”, by Adam M. Brandenburger, Barry J. Nalebuff [1]. First published in the mid-1990’s, this is not a new book. But, with increasing global competition and the rise of the virtual business place due to COVID, perhaps one that should be revisited.

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MEC and Slumbering Neurons

I spent my professional accounting career in the realms of strategy, governance, information technology, public sector and peripheral fields such as risk or project management. Although I have not done financial analysis in awhile, it is still fun to dust off the old neurons and see if they still work.

Author sporting a yellow cycling jersey straddling his bike.
The author and his beloved Yellow MEC cycling jersey.
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MEC Debt Matters

This weekend, September 26-27, 2020, is important for the Canadian retailer, MEC (formerly the Mountain Equipment Cooperative). A British Columbian court will decide if MEC should be sold to a private equity firm [1]. A grassroots group, SaveMEC, has raised funds and support to oppose the sale. It hopes to send 10,000 letters to the creditors to convince them to delay the sale for a fortnight while alternatives are sought. This blog is 1/10,000 of this support – and some thoughts on alternatives.

Author standing in front of a wooden door in the Baden monastery, April 2018.
The Author with his trusty MEC Yellow Cycling Jersey in Baden Austria, April 2018.
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The Game of Sudden Wealth

For most people, we accumulate (or not) wealth slowly, year over year. We work, save, spend, borrow and then go back to work. For the (un)lucky few, wealth comes suddenly which can give rise to Sudden Wealth Syndrome (SWS).

Nicolas Cage, perhaps the poster child for Sudden Wealth Syndrome
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