Funding for universities is not a zero-sum game, writes John Cleghorn Professor of Management Henry Mintzberg in a LaPresse op-ed. And the Quebec government’s plan to increase tuition for out-of-province students risks undermining the very source of funding it hopes to leverage. If students at anglophone universities are charged higher fees, and that money is used to fund francophone universities, it will discourage many out-of-province students from coming to Quebec in the first place.

Classified as: Desautels Faculty of Management, Henry Mintzberg
Published on: 18 Dec 2023

Tipping has gotten out of control in Canada. Not only are restaurants’ automated payment systems prompting patrons for tips of up to 30%, there are even some tip prompts at self-serve kiosks. More than half of Canadians say they’d prefer a no-tip, service-included model that ensures higher base wages for employees. For now, shoppers should be reminded that tipping is discretionary, says Associate Professor Vivek Astvansh in an article for The Conversation.

Classified as: Desautels Faculty of Management, Vivek Astvansh, Marketing (T)
Published on: 14 Dec 2023

Family-controlled businesses demonstrate exceptional long-term performance. Since 2005, such businesses have significantly outperformed the S&P/TSX Composite. Family-controlled businesses earned an annualized return of 8.3%, compared to 7% for their publicly-traded counterparts, according to the National Bank of Canada’s Family Advantage 2023-24 Report.

Classified as: Karl Moore, Desautels Faculty of Management
Published on: 14 Dec 2023

Navigating decision-making complexities is no easy feat, but Henry Mintzberg, John Cleghorn Professor of Management Studies at McGill University, and Frances Westley, J.W. McConnell Chair in social innovation at the University of Waterloo, have crafted insightful methods to ease this process.

Classified as: Desautels Faculty of Management, Henry Mintzberg
Published on: 14 Dec 2023

Canadian pension funds have outperformed their counterparts elsewhere, and a recent study co-authored by Associate Professor of Finance Sebastien Betermier examines how they’ve accomplished this. The study analyzes four deals – in the agricultural, railway transportation, real estate development, and financial services– that diversified their holdings and enabled their success.

Classified as: Sebastien Betermier
Published on: 12 Dec 2023

More than 3 million Canadians will be facing mortgage renewal in the next 18 months – and with interest rates still at their highest level in years, many will face payments that are 30-40% higher. “Inflation has been off the charts for the past couple years, and when the Bank of Canada raises interest rates, it is to bring inflation down,” explains Sebastien Betermier, Associate Professor of Finance.

Classified as: Sebastien Betermier
Published on: 12 Dec 2023

Congratulations to Michael Richardson (GCPA'18, 2018 CFE Honour Roll and Gold Medal in Quebec) on receiving the Graduate Certificate in Professional Accounting (GCPA)Teaching Award for Guest Lecturers for the second time!

This award recognizes excellence in teaching by guest GCPA lecturers. Excellent teaching can be demonstrated through a well-designed course, engaging in-class activities and materials, use of innovative teaching strategies, and a commitment to improving one's courses through feedback.

Classified as: Graduate Certificate in Professional Accounting (GCPA), BCom Alumni
Published on: 8 Dec 2023

Graduate Certificate in Professional Accounting (GCPA) Tian Cheng Huang (BCom’22, GCPA‘23) and Kyra Swift (BCom UOttawa’21, GCPA’23) have been named to the Honour Roll of the Common Final Exam (CFE) for their outstanding results.

Classified as: Graduate Certificate in Professional Accounting (GCPA), BCom Alumni
Published on: 8 Dec 2023

It has been a challenging few years for supply chains. After pandemic-related supply chain disruptions, many retailers increased their inventory for the 2022 holiday season. After all, demand was still booming at the time. But demand has come down off its peak, and that presents an entirely different problem for retailers in 2023. Some major retailers have reduced inventory so as to not be left with products they can’t sell.

Classified as: Desautels Faculty of Management, Vivek Astvansh
Published on: 8 Dec 2023

After a childhood spent in France, Ireland, Nigeria and Singapore, JP Chauvet’s career has spanned yet more countries and continents. He was lured from London to Montreal to work for Lightspeed, where he is Chief Executive Officer. Growing up, Chauvet never felt fully accepted in any one place, but his ability to understand different cultural perspectives has been an asset in his career. “Everybody always asks what’s your superpower, and it’s kind of a weird question, but I can be in Paris and understand how people think.

Classified as: Karl Moore
Published on: 8 Dec 2023

Brett Miller (BCom’86) moved to Montreal to study at McGill, but he has made the city his home and become a leader in Quebec’s business community. Now the CEO of the real estate development company Canderel, Miller is concerned about the Quebec government’s plan to double tuition for out-of-province students beginning in Fall 2024. “To suggest that out-of-province students don’t contribute to the dynamism of the city is such a false message to send.

Classified as: BCom Alumni, Bachelor of Commerce (BCom), Desautels Faculty of Management
Published on: 8 Dec 2023

After working in investment banking in Amsterdam, New York and Tokyo, Sarab Hans (MBA’00) returned to Canada to take the reins of the family business. Mississauga-based Hans Dairy specializes in South Asian dairy products, but Hans didn’t have experience in dairy food and beverage production and needed to learn about the manufacturing process. “Sometimes, when we come into a position where we’re expected to be a leader, we feel like we need to show we know everything,” Hans says in interview with Food in Canada.

Classified as: MBA Alumni, Desautels Faculty of Management
Published on: 8 Dec 2023

Scouring for holiday gifts at bargain prices is a savvy way to cut costs, but the allure of Black Friday deals sometimes masks potential pitfalls. In an article for BNN Bloomberg, Associate Professor Vivek Astvansh emphasizes the need for caution among bargain hunters to ensure they're fully informed about any unforeseen conditions.

Classified as: Vivek Astvansh, Marketing (T), Operations Management (T)
Published on: 30 Nov 2023

This year, Canada’s large grocery chains are freezing the price for a greater variety of items than usual before the holidays. While 10-15% more products are included in the freeze this year, the true test of affordability will come later. “How high will grocery prices be when the price freeze ends?” asks Professor Saibal Ray in an interview with CBC Radio’s As It Happens.

Classified as: Bensadoun School of Retail Management, retail, Saibal Ray, Operations Management (T)
Published on: 30 Nov 2023

Ava Labs, a software provider for the Avalanche blockchain network, has launched a new podcast series under its Owl Explains initiative. “Crafting the Crypto Economy” spotlights top researchers from leading academic institutions and features McGill Desautels Assistant Professor of Finance Thomas J. Rivera as part of the opening lineup.

Classified as: Thomas Rivera, Finance (T)
Published on: 29 Nov 2023

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