Delve: Canada’s Pension Plan Is the Envy of the World, and Now We Know Why
A new study by Prof Sebastien Betermier is the first to use real data to do a quantitative analysis of asset allocation strategies and cost structures for hundreds of pension, endowment, and sovereign wealth funds across 11 countries. The results hold valuable lessons not only for financial planners, but also working Canadians dreaming of retirement.
Delve: How Will Tariff Uncertainty Affect Financial Markets?
Against the backdrop of tariff wars and a pandemic, one question that investors are asking is whether they can trust financial analysts’ earnings projections for their investment decisions. On the one hand, financial analysts are professional earnings forecasters whose livelihood depends on the accuracy of their work. On the other hand, trade uncertainty might be severe enough to undermine the credibility and accuracy of analysts’ forecasts.
Delve: Leading Global Health Sustainably—Now and Beyond COVID-19
While the five-phase project management cycle developed by Duncan is, for many, the gold standard, the long-term commitment among recipient populations, health care professionals, and/or governing bodies is not specifically addressed. Thus, Nathalie Duchesne, MD and Eliane Ubalijoro, PhD propose a management and leadership framework that ensures sustainability through the three overarching themes: appreciative inquiry, trust, and culture.
Delve: Here’s How to Check in on Your AI System, as COVID-19 Plays Havoc
A number of AI systems are breaking down in the context of the COVID-19 pandemic, spotlighting a well-known limitation of AI systems: they do not handle novel situations well. Professor Matissa Hollister of McGill University provides guidance on how to adapt your AI systems in the wake of disruption.
Delve: Adapting our Global Supply Chains During a Historic Pandemic
For the last several decades we have been conditioned to assume that necessities like food items and cleaning supplies will be readily available whenever we require them. But the COVID-19 pandemic has upended those supply chains, as well as those for other necessities, such as medical devices (e.g. respirators) and personal protective equipment (e.g. masks, gloves).
Delve: The Retailer’s Post-Pandemic Playbook
Even if the spread of COVID-19 shows signs of slowing down and retail stores begin to reopen, the economic recovery from the shutdown will be long and convincing people to visit brick-and-mortar stores will be a challenge.
Delve: Consumer Behaviour in the Post-Pandemic Retail Landscape
As the world rallies to contain the spread of COVID-19, consumers continue to adapt to the new normal, characterized by stringent physical distancing and self-quarantining measures. In such a context, few aspects of consumer behaviour will be left unchanged over the long term.
Delve: Six Ways Introverts and Extroverts Can Make the Most of Working in Isolation
The COVID-19 pandemic has upset both introvert and extrovert habits, but these six tips from McGill University’s Professor Karl Moore may be useful as we continue to practice physical distancing.
This article is brought to you by Delve, the official thought leadership publication of McGill University's Desautels Faculty of Management.
Delve: The Epidemic of Managing without Soul
Managing without soul has become an epidemic in society, according to McGill University’s Professor Henry Mintzberg. Many managers these days seem to specialize in killing cultures, at the expense of human engagement. Why do we tolerate this?
This article is brought to you by Delve, the official thought leadership publication of McGill University's Desautels Faculty of Management.
Delve: Searching for the Pandemic’s Silver Lining? Look Online.
The COVID-19 pandemic and the requirements of physical distancing have created a sense of crisis that transcends most boundaries. While the imposed trauma is immense, the sharing of personal pandemic experiences online has been encouraging.
Delve: Insider Trading by Congress? It's Time to Fix the Law
The “coronavirus trades” made by Sen. Richard Burr (R-N.C.) and his wife just prior to the March ’20 market crash raise these questions and signal the need for changes to the law. Some proposals go as far as banning stock trading by members of congress outright. The other extreme is to allow full discretion.
Delve: The Internet Effect in the Time of Coronavirus
It is difficult to imagine remaining at home for days without the Internet, particularly during physical distancing. According to Professor Ashesh Mukherjee, although the Internet is a boon in many ways, it might also have hidden dangers that require vigilance, especially now that we are spending more of our time online.
Delve: COVID-19 as an Organizational Learning Opportunity
Organizations learn constantly. They would not survive in the face of competition if they didn’t. Yet this learning is often gruesomely slow. Organizational practices and routines tend to stick and organizational structures tend to persist.
Delve: The Coronavirus is Changing How We Work — Possibly Permanently
Job loss is only one of the many effects of COVID-19 on work and workers. These effects cascade beyond accelerating the ongoing work-from-home movement and could persist well beyond the pandemic itself, according to Professor Lisa Cohen of McGill University.
This article is brought to you by Delve, the official thought leadership publication of McGill University's Desautels Faculty of Management.
Delve: Pandemic Bonds: The Financial Cure We Need for COVID-19?
Countries around the world are taking unprecedented action to stem the financial collapse due to COVID-19, at times requiring a degree of innovation. Like other financial players that have embraced innovation in recent years, insurers too have developed novel tools and products. One such innovation is catastrophe bonds.
