Quick Links

Gregory Vit

Bold ideas take flight at McGill Dobson Cup

Thu, 2014-06-26 16:53

One June 5, four teams were crowned victors of the 2014 McGill Dobson Cup, the annual start-up competition hosted by the Dobson Centre for Entrepreneurship at the Desautels Faculty of Management. The Centre provides resources and support to all entrepreneurs across McGill and Montreal communities.

Source Site: /desautels

Feeling entrepreneurial?

Wed, 2014-06-25 11:36

“People used to take a traits-based approach to defining entrepreneurs: they are risk-takers, for instance,” says Greg Vit, BCom’80, director of the Dobson Centre for Entrepreneurship in McGill’s Desautels Faculty of Management. “But that characterization has been challenged by a more recent approach that suggests you can create the underlying conditions to help entrepreneurs emerge.”

Source Site: /desautels

When Clever People do Silly Things with Money

Tue, 2014-02-11 15:24

Many years in investment banking taught McGill University Professor Gregory Vit that risky decisions ‘happened’ far more frequently than they were thoughtfully ‘made’.

We asked Professor Vit about this and his new book 'The Risk in Risk Management' in which he addresses risk management in financial organizations.

Source Site: /desautels

Gregory Vit

Gregory Vit
Associate Professor (Professional), Strategy and Organization; Director, Dobson Centre for Entrepreneurship
Degree(s): 

PhD, Organizational Theory & Strategy, University of Bradford, UK
MBA, John Molson School of Business, Concordia University, Canada
BCom, Finance & International Business, McGill University, Canada

Area(s): 
Strategy and Organization
Phone: 
+1 514 398 4016
Email Address: 
greg [dot] vit [at] mcgill [dot] ca
Alternate Email Address: 
carol [dot] clelland [at] mcgill [dot] ca
Address: 

Bronfman Building, [Map]
1001 rue Sherbrooke Ouest
Montreal, Quebec
Canada
H3A 1G5

Office: 
649A
Biography: 

Professor Vit joined McGill University's Faculty of Management in 2001. He is Associate Professor of Strategy & Organization (Professional), and teaches Strategy, Managing Innovation and International Business to undergraduates, MBA's, Masters of Management students and executives. Professor Vit is also the director of the Dobson Centre for Entrepreneuship at McGill University and the founder of the Dobson Cup Start-Up competition.

One of Professor Vit's main research interests, and areas of expertise, is Contrarian and Conformist Strategy. His research combines institutional and organizational theory to explore appreciative systems that lead to herding and non-herding behaviour within large organizations. This work has led him to become interested in the interplay between institutional forces, organizational forms, financial markets, innovation and cycles.  Professor Vit has published his research with Routledge Press (2013) and in the European Management Journal, Journal of Management Inquiry, Corporate Governance, the International Journal of Service Industry Management and other journals. He has also presented his research in diverse forums including the Academy of Management, British Academy of Management, the Strategic Management Society, the European Group for Organization Studies, the Administrative Sciences Association of Canada, and BBC Radio. Professor Vit has also served as a reviewer for Organization Studies and Organization Science, and is currently a reviewer for the European Management Journal and the British Academy of Management.  Prior to joining McGill University he was an Associate Professor of Management at the William's School of Business & Economics at Bishop's University.

Professor Vit's industry experience spans over three decades and includes working as an analyst at the Bank of America, a director at the International Centre for Monetary and Banking Studies at HEI in Geneva, and a derivatives structurer at TD Securities Inc. in Capital Markets and Derivative Products.  More recently, he was Vice President with the Bank of America's Global Corporate & Investment Banking Group where he specialized in international capital raising and acquisition finance for major multi-national corporations and governments. Professor Vit has also been a consultant to leading global firms in Europe and North America, and apart from the courses listed above, has also taught Strategy in the McGill International Executive Institute's Advanced Management and Executive Development Programs.

Professor Vit's 1996 article "Financial Service Industry Mismanagement" won a citation of excellence for research by Emerald Publications and was inducted into their management journal hall of fame. In 2001, he was made an honorary member of the Golden Key International Honour Society at McGill University in recognition of his academic contribution to research and teaching. Professor Gregory Vit won the "Breaking the Frame Award" for the best paper in the Journal of Management Inquiry for 2007 for his paper:"The Multiple Logics of Conformity and Contrarianism:The Problem with Investment Banks and Bankers".  

Professor Vit is also the founder of the Dobson Cup Start-Up Competition and Accelerator at McGill and is the director of the Dobson Centre for Entrepreneurship at McGill University.

His recent book: The Risk in Risk Management, The Problem of Conformity in Financial Organizations was published by Routledge Press in 2013.

Professor Vit also received the "Professor of the Year" award in 2013 from the McGill Management Undergraduate Society.

In 2014, Professor Vit will give the keynote academic address at the European Risk Research Conference in September.

Courses: 

MGCR 423 Strategic Management 3 Credits
    Offered in the:
  • Fall
  • Winter
  • Summer

MGPO 362 Fundls of Entrepreneurship 3 Credits
    Offered in the:
  • Fall
  • Winter
  • Summer

Areas of Expertise: 

Innovation and Entrepreneurship

Corporate Finance and Governance

Risk Management in Financial Organizations

Selected Publications : 

Papers in Peer-Reviewed Journals

Vit, G. (2011) 'Competing logics: Project failure in Gaspesia'. European Management Journal.

Vit, G. (2009) "Foreseeing the Problem of Conformity in Strategy Teaching & Research" in: MacKay, B. & Constanzo, E. "Handbook of Research on Strategy and Foresight" Elgar Press. 518-527.

Vit, G. (2007)"The Multiple Logics of Conformity and Contrarianism:The Problem with Investment Banks and Bankers",Journal of Management Inquiry, Vol. 16, No.3 217-226.

Vit, G. (2006) "Organizational Conformity & Contrarianism: Regular irregular trading at National Australia Bank" Corporate Governance, Volume 6, No. 2, pp.203-214.

Vit, G. (1996) "Financial Service Industry Mismanagement" Journal of Service Industry Management, MCB University Press, Vol. 17 No. 3, pp.6-16.

Vit, G, Boghossian, J, Nain, A. & Moore,K. (2009) ALCAN: Anticipating Industry Change. Harvard Business School Case, Ivey Case, London. p. 1-19

.Vit, G. & Graham, J. (1997). "Canada Changes Foreign Bank Laws" Butterworth's Journal of International Banking & Financial Law, September 1997,pp. 363-368.

Books and Edited Volumes

Vit, G. (1993) "Canadian Bank Strategy: The CEO's Perspective." Cahier de Recherche CETAI 93-18. Ecole des Hautes Etudes Commerciale, Montreal, ISSN 0825-5822.

Vit, G. (2013) "The Risk in Risk Management: Financial Organizations & the Problem of Conformity", Routledge Press, New York, NY. ISBN:978-0-414-50984-8

Awards, Honours, and Fellowships: 

Awards

2013: McGill MUS Professor of the Year

2007: "Breaking the Frame Award" for the best paper in the Journal of Management Inquiry

2004: Management Reviews citation of research excellence for IJSIM art

2001: McGill University Golden Key International Honor Society, for academic contribution to research and teaching  

Professor Gregory Vit Wins 2013 MUS Professor of the Year Award

Fri, 2013-05-03 15:23

The Management Undergraduate Society (MUS) has awarded the 2013 Professor of the Year Award to Professor Gregory Vit. This annual award recognizes a professor's meaningful involvement with the student body, eagerness to have an impact on students lives outside the classroom, and great insight on theoretical and academic matters. It is the highest honour given by the undergraduate student body at the Desautels Faculty of Management.

Source Site: /desautels

Connect with the Desautels Faculty of Management

Desautels Faculty of Management at McGill on FacebookDesautels Faculty of Management at McGill on TwitterFollow the Desautels Faculty of Management University page on LinkedInDesautels Faculty of Management at McGill, BCom Program on LinkedInDesautels Faculty of Management at McGill, MBA Program on LinkedInDesautels Faculty of Management at McGill on YouTubeDesautels Faculty of Management at McGill on Facebook

Research at the Desautels Faculty of Management

Accounting at Desautels Faculty of ManagementFinance at Desautels Faculty of ManagementInformation Systems at Desautels Faculty of ManagementMarketing at Desautels Faculty of ManagementOperations Management at Desautels Faculty of ManagementOrganizational Behaviour at Desautels Faculty of ManagementStrategy and Organization at Desautels Faculty of ManagementHealth Care at Desautels Faculty of Management