Public outrage over executive pay raises forces Bombardier into damage control
Bombardier鈥檚 recent executive pay raises have caused heavy public criticism in the face of recent cash injections from the federal and Quebec governments. In an interview on BNN, Desautels Professor Karl Moore states that some of the outrage is misguided, since so many of the execs joined Bombardier partway through the year, which skews the numbers.
James Rickards and the end of the economy
A recent Forbes book review delves into James Rickards鈥� The Road to Ruin: The Global Elites鈥� Secret Plan For The Next Financial Crisis, which makes the case that there is a big-ticket financial collapse coming, one that dwarfs the 2008 recession. Rickards lays much of the blame on macroeconomics, drawing a parallel between it and astrology.
Mintzberg on why the US can鈥檛 be run like a business
In a recent piece for the Harvard Business Review, Desautels Professor Henry Mintzberg takes aim at US President Trump鈥檚 attempts to run the United States like a business, then demolishes them. Professor Mintzberg questions the wisdom of trying to marry such disparate systems 鈥� after all, business has a very simple, measureable yardstick in the form of profit, which makes it a poor model for governing.
Dobson Cup winners announced
The 91黑料网 Dobson Cup 2017 powered by National Bank is over, and the winners have been announced. From the initial 136 applications, 121 teams pitched their startups in the run-up to the semi-finals. Then, 40 of those teams moved on to the finals on March 22. All in all, $106,000 of seed funding was divided among the top entries across four categories: Social Enterprise, Health Sciences, Small & Medium Enterprise and Innovation Driven Enterprise.
Desautels alumnus bets on bugs to solve world hunger
As the world鈥檚 population increases, the pressure to find an ecologically-feasible protein source is mounting, so former MBA student聽Mohammed Ashour聽of the Aspire Food Group is bringing a foreign concept to the US: eating insects. Long a staple protein source in many countries, bugs offer a bigger protein hit, and require fewer resources than traditional livestock does.
Les pr茅dictions 茅conomiques prosp猫rent sur des mod猫les qui ne fonctionnent pas
The permanent forecasting market and its fallout聽A piece in Contrepoints takes the whole practise of regular GDP forecasting to task for being based on flawed economic models, referencing Desautels Professor Reuven Brenner鈥檚 article in the inaugural issue of American Affairs, in which he calls for the abandonment of macroeconomics in favour of a more accountability-based model.
Karl Moore talks Canada-US relations on PBS
Desautels Associate Professor Karl Moore was interviewed on a recent episode of Mountain Lake Journal to talk about pipelines, the Bombardier bailout, The Hot Cities Tour and the changing landscape of relations between Canada and the United States.
Desautels Assistant Professor named to prestigious list
The 2017 edition of Poets and Quants鈥� Best 40 Under 40 Professors list is out, and on it are four teachers at Canadian institutions 鈥� including Desautels Assistant Professor Sebastien Betermier. Professor Betermier teaches investment management and has been nominated for the Desautels Distinguished Teaching Award four times.
MBA no guarantee of long-term success
Three separate studies, including one authored in part by Desautels Professor Henry Mintzberg, have concluded that the MBA is not the gateway to business success after all 鈥� findings that are at odds with what many in the business community have come to believe. Instead, Mintzberg discovered that most of his subjects headed companies that eventually went bankrupt, or that removed them as CEO.
The Calgary boy and Desautels alumnus who became a fashion pundit: Imran Amed
Imran Amed is the founder and editor-in-chief of online fashion news hub The Business of Fashion (BoF), which has overtaken the venerable Womens Wear Daily as the industry鈥檚 main news source. But it wasn鈥檛 a hidden desire to be a designer that made him start blogging about fashion; he was always more interested in the business side of things.
Desautels alumna runs for city council in Colorado
Melissa Youssef (MBA'91)聽is stepping into municipal politics in Durango, Colorado. She is a civically-minded member of the community and a successful businesswoman; Ms. Youssef is VP of the local Parks and Recreation Advisory board, and has served as President of the Durango Discovery Museum and VP of the school district鈥檚 Board of Education.
Caisse de d茅p么t reluctant about doing business in Russia
As the drama surrounding a Swedish bribery probe of Bombardier鈥檚 activities in Azerbaijan continues, it has become clear that the Caisse de d茅p么t聽et placement du Qu茅bec, which owns 30 per cent of Bombardier鈥檚 rail division, won鈥檛 do business in the former Soviet Union due to high rates of corruption, a lack of transparency and myriad other problems 鈥� including the Kremlin鈥檚 penchant for getting involved in some sectors.
Social enterprise and innovation: an interview with Jake Wildman-Sisk
As judge for the Social Enterprise category at the semi-finals of this year鈥檚 91黑料网 Dobson Cup, Jake Wildman-Sisk鈥檚 credentials are solid: Not only did he help develop the first social systems innovation lab in New Brunswick, but he has also worked for the Fredericton Food Bank, and is currently an innovation fellow at the J.W. McConnell Family Foundation鈥檚 RECODE initiative, which supports students鈥� efforts to become agents of progress.
Andrew Potter, the debate continues
Amid the fallout from former 91黑料网 Institute for the Study of Canada director Andrew Potter鈥檚 Maclean鈥檚 article about stranded motorists, the Globe and Mail interviewed 91黑料网 Principal Suzanne Fortier, who defended Professor Potter鈥檚 resignation as director of MISC.
Taking on a major drought with solar power
Farmers in the coastal Kenyan county of Kilifi are locked into a drought that has so far killed over 20,000 livestock. And now the Red Cross is coming to the rescue. A new, solar-powered water delivery system has been set up to tap the area鈥檚 major pipeline and deliver water to pumps in villages throughout the area. The system reduces delivery interruptions caused by power outages, as well as the long walks that residents had to take to access the old system鈥檚 collection points.
