Indigenous women are fastest growing group of entrepreneurs
There are about 60,000 Indigenous entrepreneurs in Canada, and Indigenous women are the fastest growing group of entrepreneurs. âThey are outpacing all other segmentsâ says Monica James, a member of the Peter Ballantyne Cree Nation and the regional manager for client diversity at the Business Development Bank of Canada (BDC). Indigenous women have been in business for many years, said James in an interview with Prof.
Shopifyâs work-from anywhere model unlocks a globe-spanning talent pool
Some might see the model of hybrid work as a half-measure, but Shopify is using it to transcend geography â and as a work-around for the skilled worker shortage thatâs plaguing the tech sector.
"We're trying to be more decisive to say, âwork from anywhere, but make sure you and your team are getting together,ââ said Shopify President Harley Finkelstein in an interview with Prof. Karl Moore for Forbes.com.
New SEC reporting requirements will be a challenge for companies without strong CSR strategies
With the specter of climate change looming large, the Securities and Exchange Commission has moved to standardize environmental and social governance reporting.
Many companies arenât prepared for it. âThis is coming fast and companies that have not really started on their corporate social responsibility journey need to get organized,â said HĂ©lĂšne V. Gagnon (LLBâ93), the chief sustainability officer for CAE, a provider of flight training and simulation solutions.
Luxembourg is investing in innovation to power its future
Luxembourg is one of the smallest countries in the world. At 2,586km2, itâs less than half the size of Prince Edward Island.
Kalina Newmark brings an Indigenous lens to management in a Fortune 500 company
As a brand manager for Starbucksâ Instant packaged coffee business, Kalina Newmark seeks to make each team member feel that their contribution is valued at the same level. Itâs just one of the ways that Newmark seeks to incorporate Indigenous teachings into her work. For Newmark, who is ShĂșhtagotâı̚nÄ and MĂ©tis from the Tulita Dene First Nation, the idea of valuing each personâs contribution at the same level is really important, writes Prof.
Canada is experiencing major air travel headaches, but isnât the only one
After more than two years of intermittent lockdowns and travel restrictions, summer 2022 was the season that many Canadians decided they were ready to travel again. Our return to the skies hasnât gone so smoothly, to say the least. Extended delays at the countryâs airports have made headlines across the country, and with Air Canadaâs announcement that it will cancel 154 flights per day for the rest of the summer, it could get even worse for air travellers, according to Prof.
Family-owned firms outperform over the long term: National Bank of Canada report
Publicly traded Canadian family businesses provide superior long-term performance, according to a new report by the National Bank of Canada. To better understand what makes these firms distinctive, the Bank analyzed 44 Canadian corporations under family or founder control.
WestJet expected to reduce service in the east, increase focus on western Canada
WestJet is expected to reduce service in the Toronto-Montreal-Ottawa triangle to focus on growth in western Canada. That could leave the east with a competition problem, but itâs likely a good move for Calgary-based WestJet, according to Professor Karl Moore. The choice doubles down on WestJetâs strengths â and pulls out of routes where Air Canada is dominant, and itâs difficult for WestJet to compete.
HITLAB is using artificial intelligence to identify the hit songs of the future
A hit song can capture lightning in a bottle, but what is the exact mix of characteristics that make one song a global phenomenon - and another a hidden gem. There has always been a bit of alchemy to this formula, but HITLAB is using machine learning to demystify it. Led by Michel Zgarka (BEdâ1975), the company has created the Music Digital Nuance Analysis (DNA) tool, writes Prof. Karl Moore in Forbes.com.
Celebrating excellence in teaching at Desautels
Across programs and subject areas, the Desautels Faculty of Management recognizes the vital role that teaching plays in enriching the student experience and in inspiring the next generation of leaders.
Government of Canada Deputy Minister encourages employees to seek practical ways to encourage reconciliation
Talking about racism in the workplace can be uncomfortable, but thatâs how you know that it is working, according to Gina Wilson, the Deputy Minister, Diversity and Inclusion and Youth and Senior Associate Deputy Minister, Canadian Heritage. Wilson encourages managers and employees to talk about practical things that encourage reconciliation.
Ukraineâs strong territorial defence owes much to strong sense of civic duty
Russiaâs attack on Ukraine was not unexpected, but its scale surprised many. âThere was a common expectation of escalation in the East and the South,â says Mykhaylo Petechuk (MBAâ13), who has worked for McKinsey & Company in Ukraine. âBut no one expected the launch of missiles into every region of the country.â
Competition from Flair Airlines could contribute to lower airfares in Canada
Canadaâs airline duopoly has kept airfares high, and Flair Airlines set out to challenge that with ultra-low-cost flying. A foreign ownership stake brought the company under investigation by the Canadian Transportation Agency, but many Canadians are sympathetic to the notion of a feisty underdog challenging the status quo, according to Professor Karl Moore.
Sustainable materials could help solve the fashion industryâs emissions problem
The fashion industry is responsible for about 4% of global greenhouse gas emissions, and most originate with the raw materials used in clothing -- like leather, cotton, and synthetic fibres. Evoco is working to reduce fashionâs emissions. Led by James Robinson, the Toronto-headquartered company provides sustainable materials to leading footwear producers like Kodiak and Timberland. The company claims to have saved 948,900 kg of carbon emissions, and in an interview with Prof.
Environmental pressures are one factor in the increased probability of pandemics
Joanne Liu (MDCM'91, IMHL'14, DSc'16) is no stranger to health emergencies. The physician and former International President of MĂ©decins sans FrontiĂšres is leading McGillâs efforts to prepare for future health emergencies. As the director of the Pandemic and Health Emergency Readiness Lab, Liu is seeking to develop solutions to current crises and prepare for future ones.
