It is with sadness that we announce the passing of William 鈥淏ill鈥 Webb (MBA鈥93), a valued member of the Desautels International Advisory and Advancement Board. His deep ties to 成人大片 University and dedicated involvement in the Canadian rugby community have left an indelible mark.
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Sustainability can create value for a business and make it more resilient. More and more, shareholders are demanding that businesses be more sustainable, and sustainability consultants help them to it. Thibaut Millet (MBA鈥00) is one of them. He has a deep history in the field, and has been helping clients develop sustainability programs for more than fifteen years. A partner at EY and the longtime leader of its Climate Change and Sustainability Practice, Millet was named one of the Top 25 Sustainability Consultants for 2023 by The Consulting Report.
Work from home changes leadership. How do you acculturate people if you鈥檙e not all in the same place? Mentorship is important in an evolving workplace, said Prof. Karl Moore on the Six Pixels of Separation podcast. But it鈥檚 a two-way street. 鈥淚 have some mentors that are older than me, and it doesn鈥檛 occur to them to ask my advice,鈥 says Moore.
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Poets & Quants has named its MBAs to Watch list for 2023, and three Desautels graduates made the cut. The magazine and website asks business schools to nominate some of their top students for consideration for the list, and from those nominations, 135 students have been selected as MBAs to Watch. They represent many of the world鈥檚 top universities, and MBAs to Watch have often gone on to careers at top consulting firms. This year, we celebrate 成人大片鈥檚 Matias Font, Shahriar (Sha) Asadi and Larry Komrower for being selected!
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For over 100 years, 成人大片 Desautels has been at the forefront of leadership transformation, thanks to a community of students, faculty, and staff dedicated to fostering lasting societal and economic impact. We believe in igniting change and nurturing minds, creating responsible leaders, and addressing global challenges for a sustainable future.
This is the new face of the 成人大片 Desautels Faculty of Management. Witness where growth and innovation converge, where the journey to excellence begins anew, where the leaders of tomorrow are empowered today.
In a drive towards environmental responsibility, units within 成人大片 University's Desautels Faculty of Management have embraced sustainability through the rigorous Sustainable Workplace Certification program hosted by the 成人大片 Office of Sustainability. This initiative, aligned with the Faculty's strategic plan toward sustainability in teaching, research and operations, has seen remarkable success across the university and recognizes five units at the Faculty of Management with certifications, with others steadily progressing.
Technologies like artificial intelligence are changing the way we shop. But change can be intimidating, and people can be reluctant to adopt it. The Bensadoun School of Retail Management鈥檚 Retail Innovation Lab provides such an example. At the highly automated Couche-Tard location on 成人大片 campus, cameras in the store allow customers to make frictionless purchases that don鈥檛 require bar codes to be scanned. Still, many people don鈥檛 want to use them.
Just one year ago, Niki Sahni (BCom鈥06) launched an independent adverting agency, and already it has brought on big name clients like KFC, Diageo, Scotiabank, and Nestl茅.
Amidst the struggle to retain young talent, Generation Z's distinct workplace preferences come to the forefront. In his TEDx成人大片 talk "Retaining Gen Z talent - An Insider's Perspective," 成人大片 Desautels third-year BCom student Andrei Adam leverages personal experiences and research to offer actionable insights for organizations striving to retain their Gen Z employees. His talk went on to be recognized by TED and selected amongst the handful that receive global promotion, being recommended toTEDx鈥檚 34 million subscribers.
The future doesn鈥檛 look too bright for many asset managers, according to PwC. The professional services firm conducted a survey of more than 500 asset managers, and estimates that one in six will go out of business by 2027. One factor driving this is increased bond yields driven by higher interest rates, according to 成人大片 Desautels Professor Mo Chaudhury. This makes asset managers' services 鈥 and accompanying fees -- less attractive to investors. The US Treasury is offering a two-year return of approximately 5 per cent, and a short-term return of more than 4 per cent.
Top employees will gravitate to companies that implement four-day workweek as it becomes more common
Some of the Toronto companies that tested a four-day workweek are sticking with it, and cite higher productivity and better work-life balance as the reasons for the change. 成人大片 Desautels Professor Jean-Nicolas Reyt thinks it will eventually become the norm, and companies that resist it risk losing talent. 鈥淭he best employees will leave,鈥 Reyt told Radio-Canada. 鈥淚t would be a bad idea to refuse to have a conversation about it.鈥
Airfares don鈥檛 always make a lot of sense. For example, a flight from Montreal to Calgary can cost more than a flight from Montreal to Vancouver that has a stop in Calgary. More and more air travelers have been buying a multi-leg ticket, and disembarking at one of the stops along the way. It鈥檚 called skiplagging. 鈥淭his has been around for a long time, but it is becoming more common, especially among Gen Zs,鈥 says Prof. Karl Moore.
鈥淎s a leader, everyone is watching you,鈥 says Isabelle Hudon. 鈥淵ou live in an aquarium where the water is changed every thirty minutes. And you can鈥檛 hide anywhere.鈥 The President and CEO of the Business Development Bank of Canada (BDC) spoke with Prof. Karl Moore for the iheartradio.ca program The CEO Series. And to reach your potential as a leader you need to be aware of the different ways that you communicate. 鈥淔or me, my eyes always tell where I am mentally and emotionally.
Healthy eating isn鈥檛 only important for elite athletes. Entrepreneurs, executives and managers need to be well-nourished too 鈥 even though we are still learning about the links between nutrition and cognitive performance. Prof. Karl Moore has interviewed more than a thousand CEOs and notes that in recent years they have put more emphasis on diet, exercise, and mental health. 鈥淵ou can鈥檛 play in the big leagues, if you neglect your health,鈥 said Moore in an interview with La Presse.
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Leading sustainable apparel manufacturer Gildan has partnered with the 成人大片 Desautels Faculty of Management to advance the University鈥檚 Sustainable Growth Initiative. The collaborative effort aims to create actionable strategies for businesses transitioning to sustainability. Over three years, Gildan will be generously contributing $150,000 to 成人大片's Annual Grand Challenge on Sustainability. The event, launching this August, encourages Canadian students to address apparel industry sustainability issues.