Desautels Faculty of Management news
Dr. Anoop Kumar (IMHL’15) has published a new book, Michelanglo’s Medicine: how redefining the human body will transform health and healthcare. The book offers a refreshing look at the human body not just as a bunch of organs, but rather as “a masterpiece, waiting to be discovered.” Dr. Kumar proposes a new approach based on his experiences as an ER doctor, as well as the eastern philosophies he grew up with.
West Vancouver-based PNG Gold has announced the appointment of Wesley Marstaller (BCom'05) as Executive Vice President of the corporation. Before coming on board at PNG Gold, Mr. Marstaller served in several capacities at the Macquarie Group, then as COO of the Rennie Group. PNG Gold CEO Greg Clarkes praises Mr. Marstaller, saying that his expertise will help with “building the management group necessary to achieve the Company’s near and long term goals.” PNG Gold is a mining company specialized in gold exploration in Papua New Guinea.
Bombardier’s recent executive pay raises have caused heavy public criticism in the face of recent cash injections from the federal and Quebec governments. In an interview on BNN, Desautels Professor Karl Moore states that some of the outrage is misguided, since so many of the execs joined Bombardier partway through the year, which skews the numbers.
A recent Forbes book review delves into James Rickards’ The Road to Ruin: The Global Elites’ Secret Plan For The Next Financial Crisis, which makes the case that there is a big-ticket financial collapse coming, one that dwarfs the 2008 recession. Rickards lays much of the blame on macroeconomics, drawing a parallel between it and astrology.
In a recent piece for the Harvard Business Review, Desautels Professor Henry Mintzberg takes aim at US President Trump’s attempts to run the United States like a business, then demolishes them. Professor Mintzberg questions the wisdom of trying to marry such disparate systems — after all, business has a very simple, measureable yardstick in the form of profit, which makes it a poor model for governing.
The McGill Dobson Cup 2017 powered by National Bank is over, and the winners have been announced. From the initial 136 applications, 121 teams pitched their startups in the run-up to the semi-finals. Then, 40 of those teams moved on to the finals on March 22. All in all, $106,000 of seed funding was divided among the top entries across four categories: Social Enterprise, Health Sciences, Small & Medium Enterprise and Innovation Driven Enterprise.
As the world’s population increases, the pressure to find an ecologically-feasible protein source is mounting, so Mohammed Ashour (MBA'14) of the Aspire Food Group is bringing a foreign concept to the US: eating insects. Long a staple protein source in many countries, bugs offer a bigger protein hit, and require fewer resources than traditional livestock does.
The permanent forecasting market and its fallout A piece in Contrepoints takes the whole practise of regular GDP forecasting to task for being based on flawed economic models, referencing Desautels Professor Reuven Brenner’s article in the inaugural issue of American Affairs, in which he calls for the abandonment of macroeconomics in favour of a more accountability-based model. Greater accountability would result in maximized potential and fewer squandered resources.
Desautels Associate Professor Karl Moore was interviewed on a recent episode of Mountain Lake Journal to talk about pipelines, the Bombardier bailout, The Hot Cities Tour and the changing landscape of relations between Canada and the United States.
The 2017 edition of Poets and Quants’ Best 40 Under 40 Professors list is out, and on it are four teachers at Canadian institutions — including Desautels Assistant Professor Sebastien Betermier. Professor Betermier teaches investment management and has been nominated for the Desautels Distinguished Teaching Award four times.
Three separate studies, including one authored in part by Desautels Professor Henry Mintzberg, have concluded that the MBA is not the gateway to business success after all — findings that are at odds with what many in the business community have come to believe. Instead, Mintzberg discovered that most of his subjects headed companies that eventually went bankrupt, or that removed them as CEO.
Imran Amed is the founder and editor-in-chief of online fashion news hub The Business of Fashion (BoF), which has overtaken the venerable Womens Wear Daily as the industry’s main news source. But it wasn’t a hidden desire to be a designer that made him start blogging about fashion; he was always more interested in the business side of things. Or, as he says, “I was less drawn to what Michael Jackson wore than how his latest album was performing on the Billboard charts.”
Melissa Youssef (MBA'91) is stepping into municipal politics in Durango, Colorado. She is a civically-minded member of the community and a successful businesswoman; Ms. Youssef is VP of the local Parks and Recreation Advisory board, and has served as President of the Durango Discovery Museum and VP of the school district’s Board of Education. She was founder and CEO of a medical billing practise, and previously worked in several analyst positions in real estate, finance and corporate banking. Ms.
As the drama surrounding a Swedish bribery probe of Bombardier’s activities in Azerbaijan continues, it has become clear that the Caisse de dépôt et placement du Québec, which owns 30 per cent of Bombardier’s rail division, won’t do business in the former Soviet Union due to high rates of corruption, a lack of transparency and myriad other problems — including the Kremlin’s penchant for getting involved in some sectors. This is in opposition to Bombardier’s willingness to operate in the area.
As judge for the Social Enterprise category at the semi-finals of this year’s McGill Dobson Cup, Jake Wildman-Sisk’s credentials are solid: Not only did he help develop the first social systems innovation lab in New Brunswick, but he has also worked for the Fredericton Food Bank, and is currently an innovation fellow at the J.W. McConnell Family Foundation’s RECODE initiative, which supports students’ efforts to become agents of progress.