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Desautels Faculty of Management news

Desautels Assistant Professor named to prestigious list

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.

Published on : 03 Apr 2017

MBA no guarantee of long-term success

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.

Published on : 03 Apr 2017

The Calgary boy and Desautels alumnus who became a fashion pundit: Imran Amed

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.”

Published on : 31 Mar 2017

Desautels alumna runs for city council in Colorado

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.

Published on : 31 Mar 2017

Caisse de dépôt reluctant about doing business in Russia

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.

Published on : 31 Mar 2017

Social enterprise and innovation: an interview with Jake Wildman-Sisk

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.

Published on : 31 Mar 2017

Andrew Potter, the debate continues

Amid the fallout from former McGill Institute for the Study of Canada director Andrew Potter’s Maclean’s article about stranded motorists, the Globe and Mail interviewed McGill Principal Suzanne Fortier, who defended Professor Potter’s resignation as director of MISC.

Published on : 30 Mar 2017

Taking on a major drought with solar power

Farmers in the coastal Kenyan county of Kilifi are locked into a drought that has so far killed over 20,000 livestock. And now the Red Cross is coming to the rescue. A new, solar-powered water delivery system has been set up to tap the area’s major pipeline and deliver water to pumps in villages throughout the area. The system reduces delivery interruptions caused by power outages, as well as the long walks that residents had to take to access the old system’s collection points.

Published on : 30 Mar 2017

The pursuit of happiness through the ages

Desautels Professor Reuven Brenner gave a lecture as part of the Centre for the Thought of John Paul II’s series on Moral Capitalism, in which he explored the concept of the pursuit of happiness, as first codified in the US’s 1776 Declaration of Independence. He goes into the fact that the Declaration’s use of the term was no more than a promise to set up a legal framework that would let people try their luck or live happily — without even trying to classify just what that happiness meant.

Published on : 30 Mar 2017

Improving innovation policy

During a debate hosted in part by the Centre for the Thought of John Paul II in Warsaw, Poland, Desautels Professor Reuven Brenner explores the military origins of venture capital, as well as the associated National Defence Education Act, which he blames for starting the decline he sees in the quality of university education.

Published on : 30 Mar 2017

Shoes, economics and entrepreneurship: Shoe Dog by Phil Knight

John Tamny starts his review of Nike founder Phil Knight’s eminently enjoyable memoir, Shoe Dog, with a quote by Desautels Professor Reuven Brenner that macroeconomics is a “tautology and a myth, a dangerous one at that, sustaining that prosperity is necessarily linked to territory, national units and government spending in general.” He then goes into why the book’s author would likely agree with Professor Brenner. Indeed, Nike’s continued existence is partly a product of an integrated global economy.

Published on : 30 Mar 2017

Social Media for Startups: a workshop to build from

At the last of this season’s McGill Dobson Centre for Entrepreneurship workshops, participants were treated to an in-depth understanding of what social media can do for startups. The workshop, led in part by Desautels Marketing and Communications Coordinator Véronique Beaulieu-Fowler, delved into best practices for solidifying a company’s online presence. It can be broken down into several factors, touching on everything from keeping up the quality of one’s social-media content to understanding one’s audience.

Published on : 30 Mar 2017

Canada stagnates while the US charges ahead: why VC in Canada is doing so poorly

In a recent piece for Asia Times, Desautels Professor Reuven Brenner shines a light on Canada’s VC culture, contrasting its sluggish returns with those of the US, which outstrips its northern neighbour across the border. Professor Brenner lays the blame on everything from Canada’s taxation schemes (which he says reduce the incentive to invest and sap the necessary capital that angel investors could put toward nascent entrepreneurs) to a weakened state of academia in this country.

Published on : 30 Mar 2017

Jobs and youth: is the degree still the best start?

On a recent Breakfast Television youth employment panel, Desautels Assistant Professor Matissa Hollister said that, though it’s not necessarily an employment guarantee, “on average, it’s very clear that the university degree is the smarter, the better way to go.” But even so, the world has changed, and a degree by itself just isn’t enough. First, there’s the perennial chicken-and-egg issue, where it takes a job to get the experience required to get a job.

Published on : 28 Mar 2017

Among Best 40 Professors Under 40

For his engaging teaching and excellence in research, Professor Sebastien Betermier has been named by Poets & Quants as one of this year’s Best 40 Under 40 Professors. 

Published on : 27 Mar 2017