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Tips and Advice

Empower your growth mindset.

Vantage Point Blog has a new name!

In a world where so many of us are constantly bombarded with text-heavy paragraphs and pages, we decided to steer away from the concept of “blog” and offer up easy-to-digest tips and advice instead. Whether you’re a skim reader or only have a couple of minutes to spare, we’ve made it easy for you to find and click on the topics that most grab your attention.

If you have any suggestions for topics, please send us an email at info@otusgroup.com. We’ll be updating this page regularly.

Start Your Digital Transformation With a Pen and Paper

We are pleased to welcome Shyamal Addanki as an associate at OTUS Group. We are pleased to share these insights from Shyamal that you can use to facilitate change in your organization. Start your Digital…

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Fraud – Are You at Risk?

In November 2020, CBC News highlighted a common situation Canada-wide - individuals in positions of trust stealing or allegedly stealing money from  youth sports organizations.   An investigation by CBC Sports revealed that in the…

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Membership Retention Strategies For Challenging Times

In November 2020 OTUS Group hosted a webinar to explore membership retention strategies. Our guests included Dana Cooper from AMCES, Randy St. Louis from the Canadian Association of Occupational Therapists and Tony Lyons from Alphabet Creative.…

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COVID-19 Rapid Testing Can Help our Aviation Sector

Having several aviation association clients, we know first-hand just how devastating COVID-19 has been to the sector.   Low Risk of Catching COVID-19 on a Commercial Flight I encounter many people who comment that they…

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Living with COVID-19 – Rapid Testing Can Help Us Get Back to “Normal Life”

Learning to Live with COVID-19 I read a lot about COVID-19.  I am optimistic that we will see significant improvement in 2021 with the potential of one or more vaccines, improving treatments for those who…

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Modified Stage 2 Restrictions – What Needs to be Different 28 Days Out?

Part I – Reduce the Fear Factor On October 10th, Ottawa, Toronto and Peel regions were placed under modified stage 2 restrictions for a minimum of 28 days, which included mandatory closure of in-door dining…

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4 Reasons the Support of a CFO Is a Resourceful Way to Master Financial Control

Discover for yourself what our Virtual CFO (VCFO) clients already know. In this new era of virtual and digital transformation, here are 4 reasons why a VCFO can make organizations more agile and efficient: Less…

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4 Risk Management Tips to Give Your Executive Team Greater Confidence

The following questions can help your team identify risks that could impact your organization’s strategic objectives: What are you trying to do? (your objectives) What might affect you, good or bad? (your risks) Which of…

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4 Steps Are Needed During a Strategic Planning Process

Your strategic planning process should include the following steps: Who you are (beliefs, vision/mission) Where you stand (SWOT analysis) Where you want to go (strategic goals) How you will meet your goals (actions, tasks and…

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4 Tips for Busy Executives Facing Complex Challenges

No matter our role, we all need a sounding board from time to time—especially if you might be too close to a problem to see every angle. Our executive advisory services will help you achieve…

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Back to Business – Fall 2020

It has now been a little over six months since the World Health Organization declared a pandemic related to COVID-19 and restrictions began to be implemented across Canada. For the most part, the daily news…

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Somebody Needs to Land the Plane

Take Care of Your Mental Health in These Turbulent Times Since the onset of the COVID-19 crisis, we have been impressed by the advocacy efforts of the Canadian Federation of Independent Business (CFIB).  Their efforts…

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Membership Fee Pricing Strategies

This blog was originally posted on www.TheNPOGroup.com Membership fees often represent a significant share of an association’s total revenue.   This article highlights a few specific strategies you can apply to help maximize this important revenue…

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Tips for Holding a Virtual AGM

Many associations are planning to hold their Annual General Meeting (AGM) in the coming months, and due to health risks are now faced with the prospect of either postponing those meetings or holding them virtually.…

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5 Tips to Mitigate the Financial Impact of Cancelling an Event

An unprecedented number of events have been cancelled or postponed in recent weeks due to COVID-19.   If your organization is considering cancelling an event, it is important to ensure the cancellation is handled in a…

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Why Associations Need Reserve Funds

Associations require reserve funds to maintain sufficient liquidity to meet obligations as they come due, and to continue as a going concern.   The appropriate size of a reserve fund depends on the major business risks…

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It’s Time to Stop Using Paper Cheques

Cheque usage poses a serious risk to businesses.   While many have eliminated paper cheques, others still use this out-dated payment method and are likely unaware of the risks: An employee of Teva Canada, a Toronto-based…

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Why Your Organization Needs a Line of Credit

Cash has been described as the life-blood of an organization and running out of cash can mean the death of a business.  It is therefore important to have access to a reliable source of funds…

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The Case for Outsourcing Payroll

Processing payroll in-house can be expensive and time-consuming.  It requires on-going recruitment and training of payroll specialists, buying and maintaining payroll software, and safely storing and managing payroll records.   Whether it be the federal government’s…

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Is it Time to Audit Your Auditor?

Organizations often go for many years with the same auditor, without considering if it may be time for a change. In my experience, organizations typically raise two common objections when it is suggested that they…

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Measuring Advocacy Effectiveness

Many not-for-profit organizations engaged in advocacy and policy work often struggle with a common challenge:  how do they measure the effectiveness of their work?  Stakeholders, such as funders and members, seek assurance that grants and memberships…

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Three Key Financial Ratios NPO Board Members Should Monitor

Financial ratios use data from your financial statements to provide indicators of financial performance, helping you to understand financial results and flagging trends or patterns.  They can serve as useful early warning indicators of potentially…

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How to Choose an Auditor

You’ve been tasked with finding a new external auditor for your organization.   You have identified several auditors that have been recommended by other organizations similar to yours, and you are now wondering how to go…

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