The future doesn’t 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 McGill Desautels Professor Mo Chaudhury. This makes asset managers' services – and accompanying fees -- less attractive to investors.
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Published on: 15 Aug 2023
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. McGill Desautels Professor Jean-Nicolas Reyt thinks it will eventually become the norm, and companies that resist it risk losing talent. “The best employees will leave,” Reyt told Radio-Canada. “It would be a bad idea to refuse to have a conversation about it.”
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Published on: 15 Aug 2023
Airfares don’t 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’s called skiplagging. “This has been around for a long time, but it is becoming more common, especially among Gen Zs,” says Prof. Karl Moore.
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Published on: 14 Aug 2023
“As a leader, everyone is watching you,” says Isabelle Hudon. “You live in an aquarium where the water is changed every thirty minutes. And you can’t hide anywhere.” 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. “For me, my eyes always tell where I am mentally and emotionally.
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Published on: 14 Aug 2023
Healthy eating isn’t only important for elite athletes. Entrepreneurs, executives and managers need to be well-nourished too – 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. “You can’t play in the big leagues, if you neglect your health,” said Moore in an interview with La Presse.
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Published on: 14 Aug 2023
Leading sustainable apparel manufacturer Gildan has partnered with the McGill Desautels Faculty of Management to advance the University’s 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 McGill's Annual Grand Challenge on Sustainability. The event, launching this August, encourages Canadian students to address apparel industry sustainability issues.
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Published on: 10 Aug 2023
AMCIS 2023, an AIS conference taking place from August 10 to 12 in Panama City and co-chaired by McGill Desautels’ IS Area Coordinator Professor Animesh Animesh, aims to highlight the impact of research projects in technology on local communities. One such project, led by McGill Desautels Faculty Lecturer Matt Goodman, is driven by social impact initiatives and aims to leave a positive mark on Panama's local economy.
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Published on: 9 Aug 2023
Donna Angela Roper, Professor of Computer Science with over 35 years of dedicated service, has been honoured with the inaugural McGill Desautels Award for IS Women in Academia. Heading the eCommerce School at the University of Panama, her work and influence extend beyond academia. She has worked as a consultant and researcher in health literacy and women’s participation in the engineering area to which she has made significant contributions.
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Published on: 1 Aug 2023
After lockdown restrictions eased, many Canadians decided to take vacations they’d been putting off for several years. In New Brunswick, air travel fell off precipitously, and it’s still not at pre-pandemic levels, but passenger numbers at the province’s three largest airports are up significantly over 2022. "After a couple of years, there was a sense that ‘I owe myself, I owe my family the chance to get out there on the road,’" said Prof. Karl Moore to CBC News New Brunswick.
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Published on: 25 Jul 2023
Millennials and Generation Z are changing the workforce, writes Harvey Schachter in The Globe and Mail. Millennials are moving in to management, while Gen Z is beginning to enter the workforce in large numbers. Both generations grew up in a time when the nature of truth and knowledge were being questioned, the importance of mental health was being stressed, and hierarchy was declining.
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Published on: 25 Jul 2023
When Super Nintendo and Sega Genesis dominated the video game market, game graphics were simple and gameplay tended to be linear. It was typically necessary to complete levels in a specific order, and players were often unsuccessful in doing so. Completing a game was a process of trial and error – with plenty of errors along the way. But today’s games often provide players with instant rewards and shortcuts, writes Karl Moore in Forbes.
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Published on: 25 Jul 2023
Running an airline is a complicated logistical operation that requires precise timing over vast distances, and demands the coordination of aircraft, passengers, and cargo. The Montreal-headquartered technology company CAE is using its expertise in machine learning and artificial intelligence to optimize airline operations, writes Prof. Karl Moore in Forbes. To bolster its flight operations solutions business, CAE recently made numerous acquisitions, including Sabre’s AirCentre, Pelesys, Merlot, and RB Group.
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Published on: 25 Jul 2023
Yu Ma, Associate Professor at the McGill Desautels Faculty of Management, discusses the consumer implications of aspartame being listed as "possibly carcinogenic to humans" by the World Health Organization's International Agency for Research on Cancer (IARC), potentially increasing scrutiny and concerns about the safety of food additives. Professor Ma suggests that consumers may become more cautious about processed foods and seek out "clean label" options with recognizable ingredients.
Published on: 25 Jul 2023
Export Development Canada (EDC) has unveiled the recipients of its 2023 Youth Education Program scholarships, awarding $135,000 to 27 post-secondary students who excel academically and exhibit a dedication to community service. Among the recipients are two Bachelor of Commerce students from McGill University, Jennifer Shi and Quynh Huynh, who received the prestigious International Business Scholarship.
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Published on: 25 Jul 2023
McGill University's Pick Your Path for Black Youth (PYPB) mentorship program is breaking barriers and encouraging Black students to consider studying at McGill. The program pairs Black high school and CEGEP students with Black McGill students or alumni, providing support and guidance. In the 2022-2023 cycle, six participants applied to McGill, all of whom were accepted based on their respective merits.
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Published on: 25 Jul 2023
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