“In today’s economic environment, it is more important than ever that all Canadians develop the skills they need to participate and succeed in the job market,” said Minister Day. “Our government is proud to support projects that offer post-secondary graduates the opportunity to develop the skills and gain experience that will help them reach their full potential in their chosen fields.”

“Paltech Solutions Inc. is pleased to be participating in the Career Focus program,” said Mr. Amin Palizban, President, Paltech Solutions Inc. “Canada’s economy is rapidly changing, and skilled youth, if trained and guided correctly, are the engines for innovation to support Canada’s world-class technology sector. The Career Focus program creates a win-win opportunity that allows companies to benefit from passionate young workers, and allows recent graduates to develop invaluable employment skills that are crucial to the growth of Canadian industries.”

For further information (media only):

Michelle Bakos
Press Secretary
Office of Minister Finley
Government of Canada
819-994-2482

Media Relations Office
Human Resources and Skills Development Canada
819-994-5559

Paltech Solutions Inc. is a market leader in business intelligence, information systems and Microsoft Access and Excel solutions for streamlining business workflow. Between November 30, 2009, and May 28, 2010, the company will provide recent post-secondary graduates with career-related experience. Participants will be involved in the creation of powerful business intelligence and analytics tools, as well as the execution of a comprehensive sales and marketing

Quantification is the process of collecting specific data relating to your business and setting indicators to track different aspects of your business. Once data is collected, it then must be converted to useful information and reports that are invaluable to your business.

These reports must be analyzed at appropriate intervals and must be utilized in decision-making.

Sometimes it is very difficult to measure intangibles in business. Some examples of real-life intangibles that companies have difficulty measuring are:

Value of information
Risk of failure of an IT project
Quality of products and services
Satisfaction level of clients
Public image

The examples above are usually related to an important decision a company needs to make; yet many companies, because of the perceived assumption that intangibles cannot be measure, do not make any attempts to measure and quantify intangibles which leads to uninformed decisions.

The fact is some businesses have succeeded in analyzing and measuring the above examples using methods that are much simpler that you can think. The reality is intangibles can be measure with reasonable accuracy and it can be done in ways that are economically sound.

For more information, contact Paltech Solutions, or read the book titled “How to Measure Anything” by Douglas Hubbard.