Bombardier’s shift to business jets coincided with sustained increase in demand
Bombardier is all in on business jets, and that seems to be a good thing. The Montreal-headquartered aerospace company sold off its commercial aviation business to focus on building the business jets that serve the travel needs of the ultra-wealthy, and the pandemic has given that choice a boost. Demand for private jets soared as COVID-19 restrictions were enacted, and it has not yet come back to earth. For every business jet that Bombardier ships, it’s receiving 2.5 new orders.
Introverts and extroverts can both benefit from breaks that lean into their inclination
Acting like an extrovert is exhausting for introverted people–and vice-versa. Prof. Karl Moore encourages everyone to take mental breaks during the day to recharge. An introvert with a meeting-heavy schedule that demands a lot of interpersonal interaction might need to schedule a solo walk, while an extrovert who is working from home might need to take time to get outside and talk to their neighbours.
Alumni create digital platform that helps businesses collect unpaid bills
When customers don’t pay their bills, it can be a major drain on a business. To collect unpaid bills, creditors have long relied on credit control specialists who use techniques like outbound phone calls. But that’s 20th-century technology, and Dimitri Raziev (BCom’09) spotted an opportunity to modernize the approach.
In virtual work environments, leaders must take steps to ensure employees feel free to share ideas
The specifics of leadership in a virtual environment differ from in-person, but some core aims remain the same. Whether a team is working remotely or at the office, it’s important that managers create a psychologically safe workplace, according to Prof. Karl Moore.
Edmonton-headquartered discount carrier Flair Airlines under preliminary investigation by the Canadian Transportation Agency
Flair Airlines wants to bring low-cost airfares to Canadian cities, but despite strong demand, the Edmonton-based carrier could lose its license this May. At issue is the role of the investment firm 777 Partners LLC. The Miami-based company owns a 25 per cent stake in Flair, leases aircraft to it, and controls its board of directors. The control they exert is the reason that Flair is facing preliminary investigation by the Canadian Transportation Agency (CTA), Prof.
Executives should understand what data tells them about the present – and the future
Data can tell you a lot about the current state of business, and what the future holds. That’s information that companies can use to make strategic decisions, and it is multiplying quickly. Up to 90 per cent of all data was created in the past two years alone. To leverage, Prof.
Understanding the five languages of workplace appreciation can help managers make employees feel valued
Employees need to feel appreciated to maintain workplace morale – but not everyone receives positive feedback in the same way. Gary Chapman and Paul White’s book The 5 Languages of Appreciation in the Workplace provides managers with a framework to make their employees feel that their contribution is valued, writes Prof. Karl Moore in Forbes.com.
Psychological safety in the workplace
In a two-part series in Forbes, Prof. Karl Moore and Lainie Yallen (BCom’18) explore psychological safety in the workplace.
Former Desautels professor Kunal Basu explores human experience through fiction
An author’s job is to empathize, to go outside of their world to explore and understand. To indulge in life, and not be judgmental – to immerse yourself as much as possible. Kunal Basu has used this approach to author a series of best-selling novels that explore diverse experiences, from 6th-century painters to contemporary sex workers in India.
Encouraging fathers to take parental leave can demonstrate a company’s values – and help them compete for talent
Parental leave is available to both mothers and fathers, but men often do not take this time off–even though it helps them bond with their children and support their partner. This is partly due to work culture, but competition for top talent could help change this, according to Prof. Karl Moore. By encouraging male employees to take parental leave, companies can differentiate themselves.
Tech giants' business ecosystems transcend traditional economic sectors
Technology is always evolving, and keeping up with the pace of change is an ongoing challenge for business leaders. Companies can be vulnerable to competition from entirely different sectors—consider how Apple made a MP3 player called the iPod and killed the compact disc forever. It was the first time the computer hardware company had even ventured into the music business.
Surge in private jet sales bolsters Bombardier
When Bombardier announced it exiting the commercial aviation business in 2018, its stock price tanked. But the company has forged a path forward with its focus on private aviation, writes Prof. Karl Moore. The pandemic proved to be an unexpected boon for the company. As travel restrictions were imposed, demand for private aircraft soared.
Urban planner brings Indigenous worldview to architecture and developments
Regardless of who owns the land, we have a shared responsibility toward it. At Montreal’s Sid Lee Architecture, Pascal Harvey is bringing an Indigenous lens to urban planning, and believes this worldview can be reconciled with real estate development by treating land occupation with collective responsibility–even when land is privately owned. The Innu sociologist, urban planner and entrepreneur shared insights about how Indigenous world views can inform urban planning with Prof.
To reach a diverse audience, you need a diverse team
Everybody buys stuff. And in order to reach us all, advertising agencies need to be able to speak effectively to people of diverse backgrounds and beliefs. To do that effectively, an agency must be diverse itself. Dentsu Canada views diversity as an ongoing process, writes Professor Karl Moore in Forbes.
The best leaders have traits of both introverts and extroverts
Leadership makes many different demands. Certain situations require the quiet contemplation of an introvert – like taking time to consider all implications before a decision is made. Other situations need an extrovert’s gregariousness, like taking the time to ensure that employees know their hard work is appreciated. The best leaders will do both, according to Karl Moore, a Professor at Desautels.
