If you live in Canada or are connected with northern Canada, you might be familiar with the Norstrat. If not, you get all the information that will upgrade your knowledge about the Canadian north strategy NORSTRAT.
Neither some say that nor is starting about the bright northern star, which is not the accurate picture. Norstrat is a consulting incorporated that came into being for assisting the explicit purpose customers. There is a lot more information about norstrat and its objectives here, so read till the end.
Why was Norstrat introduced in Canada?
Norstrat was introduced to was created for the sole purpose of supporting customers with particular business goals or a legal obligation to implement the elements that are part of the Canadian Northern Strategy.
NORSTRAT is a consulting incorporated company that targets the unique business of customers. Such businesses provide the legal elements of northern Canadian customers.
In the course of the research foundation, many Canadian businesses participated in developing novel and innovative systems for telecommunications. They were required to create business cases and give technical details on the advantages these systems provided to their customers.
Many of them had worked for government agencies and were aware of the procedures and processes needed for submitting federal government funds. Some companies also made the business case by themselves and were able to offer their clients more specific information and customize it to suit the needs of various types of businesses. It resulted in more robust and could be utilized for the Canadian northwest passageway, which was a significant population in the early days.
History of Norstrat:
Lee Carson started NORSTRAT Consulting in 1988. Before becoming a full-time consultant, he served as a principal consultant in the Department of National Resources, Canada. Since then, he’s been an extremely sought-after name within the North American telecom and information technology sector. It includes his role as advisor on technical and communications issues and as a telecoms consultant with Bell Canada. His accomplishments have brought numerous accolades, including an award of the Order of the British Empire (OTOE) from Queen Elizabeth II in recognition of his contribution to the telecoms industry in Canada.
The Success of NorStrat:
They devised a unique underwater search technology that relied on satellite imagery that revealed which areas were located below the surface. This enabled them to explore these regions without causing any damage as the pressure in the water would be too intense. Satellite images revealed which regions were the most promising for potential gas and oil deposits. Norstrat developed a system that allowed oil companies to discover more gas and oil deposits under the seafloor based on this data.
When Norstrat and other Canadian companies gathered to create an offshore company for oil in the late 90s, they weren’t sure there would be many hurdles to get the project off the ground. However, once they were in their boat, they realized that things were not as they appeared. There was only a tiny amount of visibility from the shore. The crew couldn’t even launch an underwater camera to the area without being aground.
They enjoyed a tremendously successful initial year but did not receive any funding from the government. However, they received contracts from several oil companies for them to evaluate their technology in water. Tests went well, and they received approval from the government to continue their testing to start producing the product. If they are granted government funding this year, they will make this product and get into production before the end of the current fiscal year.
Why would a company like NORSTRAT want to collaborate?
With a think tank that could help develop the strategic plan, especially one that deals with communication and other aspects of their customers’ businesses.
What is the mission of NORSTRAT?
Their goal was to collaborate with companies in the leading edge in technology in the Information Age and assist them in designing and developing the most advanced communications technology. They believed that their work could benefit their client and consequently benefit the companies by generating more profits.
What happened with Norstrat launching their research?
In the year, Norstrat and PRI established their research foundation to respond to the issues the large corporations faced in completing their projects quickly. With the assistance of this thought group, they sought to illustrate how they could conquer these obstacles and be leaders in their areas.
How does Norstrat make a difference in the Canadian and global corporations market?
Norstrat learns about what type of market they will hit, such as Canadian and international corporations. They first understand market thinking about their telecommunications strategies. It helps them to create a new business model for these global corporations.