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43rd Desautels Management Achievement Awards celebrates industry “disruptors”

On Friday, February 3, the Desautels Faculty of Management hosted the 43rd edition of the Desautels Management Achievement Awards, a student-run initiative which brings the global Desautels community together to celebrate the achievements of industry leaders who have demonstrated a career of great achievement and commitment of responsible business.

Published: 17 Feb 2023

Global competition gets students to take on challenge of investing sustainably

The 2022 McGill International Portfolio Challenge (MIPC), in its 6th year, asked undergraduate students from around the world to devise innovative portfolio strategies that could achieve high returns while still ensuring a sustainable future.

Published: 15 Feb 2023

Okimaw Community & HR Solutions works with First Nations leaders to implement effective human resources

First Nations’ band managers typically play dual roles, serving as both finance and human-resources manager, but finances are often their primary focus, says Miranda Kennedy, the Vice President of Human Resources at Okimaw Community & HR Solutions, a company that works with First Nations and related organizations. “Rarely is anyone in the band office equipped to manage employee grievances, workplace safety or updating policies and procedures,” Kennedy told Prof.

Published: 14 Feb 2023

Bombardier’s business is flourishing within narrower niche of business jets

A series of missteps led Bombardier to the brink of bankruptcy in 2015. The Government of Quebec bailed out the Montreal-based manufacturer, but its stock cratered as it restructured its business. Fast-forward to 2023, and the aerospace company is once again on the rise. The company foresees increased revenues due to robust demand for business jets and its stock price is up 50 per cent from a year ago. “Ten years ago, Bombardier was Canada’s biggest and most global company,” said Prof.

Published: 14 Feb 2023

Dean Yolande Chan seeks to foster inclusivity, to generate future successes

The Dean of the Desautels Faculty of Management wants to give out keys to doors that were once locked. “The hope and dream is to create opportunities for others,” Yolande Chan told Bill Brownstein in an interview for the Montreal Gazette. “As a Black dean, I’m not about exclusion. I’m about inclusion. We want to be representative of the markets we serve as businesses.

Published: 14 Feb 2023

Philanthropist and visionary Marcel Desautels passes away at age 88

Marcel Desautels, LLD’07 (CM, O Ont, OM) generously donated both his resources and his time to furthering business education at McGill. The business leader and philanthropist passed away on January 31 at the age of 88. Desautels invested over $38 million in students, programs, research and facilities at the Desautels Faculty of Management.

Published: 10 Feb 2023

Faculty alumnus and Provincial Finance Minister now responsible for relations with English-speaking Quebecers

Quebec’s Finance Minister, Eric Girard (BCom’89) recently added the portfolio of Minister Responsible for Relations with English-Speaking Quebecers to his responsibilities. This makes him a key voice on Bill 96, the French-language bill passed by the Coalition Avenir Quebec government in 2022.

Published: 10 Feb 2023

Airlines struggling with multitude of factors, including a tight labour market that increases competition for workers

Old software, bad weather, and high passenger volumes contributed to Southwest Airlines’ meltdown over the 2022 holiday season, which caused the cancellation of thousands of flights in just a few days. But there are other factors that have impacted airline performance too--during the pandemic, air traffic slowed down significantly, and airlines laid off part of their workforce, said Prof.

Published: 10 Feb 2023

Study shows that executive education yields benefits for individuals, and entire organizations

According to a recent study by researchers at Lancaster University Management School in the UK, executive education can yield benefits for those who undertake it, as well as their wider organizations. Dr.

Published: 10 Feb 2023

Delve: How Digital Technologies Could Turn Crisis into an Opportunity for Societal Change, with Michael Barrett

How useful, overhyped, or even detrimental are digital technologies in a crisis? Zoom came in to save the day when work went remote during the COVID-19 pandemic, online shopping and food delivery grew rapidly, even doctors’ appointments went online. What can be learned from experiences of crisis-driven technology use, both on an individual and organizational scale?

Published: 3 Feb 2023

During the pandemic, many set new boundaries between work and their personal lives

Pandemic lockdowns allowed ample time for self-reflection, and some took it as an opportunity to make significant life decisions. One of those was setting new boundaries of what was acceptable in their working lives. This contributed to the so-called Great Resignation, which saw millions of people leave their jobs.

Published: 3 Feb 2023

Underutilized Maritime airport seeks to grow industrial and cargo operations

When it comes to passenger volume, the Saint John Airport doesn't crack the top 20 airports in Canada. And though Saint John is New Brunswick’s largest city, it has seen some of its flights migrate to Moncton, which is more convenient for many Maritime travelers. But the Saint John Airport wants to grow in a different direction: it is seeking partners for a logistics park, and hopes to attract industrial operations like air cargo, ground transportation, and aircraft maintenance.

Published: 3 Feb 2023

Corporate gender dynamics are an important factor in women’s job-seekers decision-making

Male-dominated startups have more difficulty hiring female talent, and their company’s gender dynamics play a role. An article in Forbes.com cites research from Desautels Prof. Elena Obukhova, which has shown that female job-seekers give consideration to how women are treated in their prospective workplaces.

Published: 3 Feb 2023

Layoffs can burden employees that remain, contribute to resignations 

Beneath the spectre of a looming recession, Microsoft announced that it would lay off 12,000 people in January 2023. Just a few days later, Amazon announced it would lay off more than 18,000. These measures could help the tech giants reduce costs and weather the downturn, but they also carry risk.

Published: 25 Jan 2023

Authentic feedback is necessary to organizational growth, but leaders themselves must set the tone

We want everyone to thrive and succeed in the workplace, says Prof. Patricia Faison Hewlin, but organizations need feedback from their employees for relationships to develop and to learn from mistakes, to improve, to innovate. But asking people to speak up is its own challenge.

Published: 25 Jan 2023

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