Higher bond yields negatively impacting asset management business
The future doesn鈥檛 look too bright for many asset managers, according to PwC. The professional services firm conducted a survey of more than 500 asset managers, and estimates that one in six will go out of business by 2027. One factor driving this is increased bond yields driven by higher interest rates, according to 捆绑SM社区 Desautels Professor Mo Chaudhury. This makes asset managers' services 鈥 and accompanying fees -- less attractive to investors.
Top employees will gravitate to companies that implement four-day workweek as it becomes more common
Some of the Toronto companies that tested a four-day workweek are sticking with it, and cite higher productivity and better work-life balance as the reasons for the change. 捆绑SM社区 Desautels Professor Jean-Nicolas Reyt thinks it will eventually become the norm, and companies that resist it risk losing talent. 鈥淭he best employees will leave,鈥 Reyt told Radio-Canada.
鈥楽kiplagging鈥 can save you money while you travel, but airlines don鈥檛 approve
Airfares don鈥檛 always make a lot of sense. For example, a flight from Montreal to Calgary can cost more than a flight from Montreal to Vancouver that has a stop in Calgary. More and more air travelers have been buying a multi-leg ticket, and disembarking at one of the stops along the way. It鈥檚 called skiplagging. 鈥淭his has been around for a long time, but it is becoming more common, especially among Gen Zs,鈥 says Prof.
When the leaders are in the spotlight, everything they do communicates a message
鈥淎s a leader, everyone is watching you,鈥 says Isabelle Hudon. 鈥淵ou live in an aquarium where the water is changed every thirty minutes. And you can鈥檛 hide anywhere.鈥 The President and CEO of the Business Development Bank of Canada (BDC) spoke with Prof. Karl Moore for the iheartradio.ca program The CEO Series. And to reach your potential as a leader you need to be aware of the different ways that you communicate.
Healthy living helps workplace performance for executives and entrepreneurs alike
Healthy eating isn鈥檛 only important for elite athletes. Entrepreneurs, executives and managers need to be well-nourished too 鈥 even though we are still learning about the links between nutrition and cognitive performance. Prof. Karl Moore has interviewed more than a thousand CEOs and notes that in recent years they have put more emphasis on diet, exercise, and mental health.
Gildan makes a $150K donation toward 捆绑SM社区 Desautels鈥 sustainability initiatives
Leading sustainable apparel manufacturer Gildan has partnered with the 捆绑SM社区 Desautels Faculty of Management to advance the University鈥檚 Sustainable Growth Initiative. The collaborative effort aims to create actionable strategies for businesses transitioning to sustainability. Over three years, Gildan will be generously contributing $150,000 to 捆绑SM社区's Annual Grand Challenge on Sustainability.
捆绑SM社区 Desautels supports AMCIS 2023 and social impact research projects in Panama
AMCIS 2023, an AIS conference taking place from August 10 to 12 in Panama City and co-chaired by 捆绑SM社区 Desautels鈥 IS Area Coordinator Professor Animesh Animesh, aims to highlight the impact of research projects in technology on local communities.
Donna Angela Roper MSC, receives inaugural 捆绑SM社区 Desautels Award for IS Women in Academia
Donna Angela Roper, Professor of Computer Science with over 35 years of dedicated service, has been honoured with the inaugural 捆绑SM社区 Desautels Award for IS Women in Academia. Heading the eCommerce School at the University of Panama, her work and influence extend beyond academia. She has worked as a consultant and researcher in health literacy and women鈥檚 participation in the engineering area to which she has made significant contributions.
Air travel rebounded after lockdown restrictions eased, but not all airports have recovered to pre-pandemic passenger numbers.
After lockdown restrictions eased, many Canadians decided to take vacations they鈥檇 been putting off for several years. In New Brunswick, air travel fell off precipitously, and it鈥檚 still not at pre-pandemic levels, but passenger numbers at the province鈥檚 three largest airports are up significantly over 2022.
Millennial and Gen Z workers bring different views鈥攁nd expect them to be heard
Millennials and Generation Z are changing the workforce, writes Harvey Schachter in The Globe and Mail. Millennials are moving in to management, while Gen Z is beginning to enter the workforce in large numbers. Both generations grew up in a time when the nature of truth and knowledge were being questioned, the importance of mental health was being stressed, and hierarchy was declining.
Instant gratification in video games could create expectations of success without hard work
When Super Nintendo and Sega Genesis dominated the video game market, game graphics were simple and gameplay tended to be linear. It was typically necessary to complete levels in a specific order, and players were often unsuccessful in doing so. Completing a game was a process of trial and error 鈥 with plenty of errors along the way.
Montreal鈥檚 CAE Inc. makes acquisitions intended to grow aviation software business
Running an airline is a complicated logistical operation that requires precise timing over vast distances, and demands the coordination of aircraft, passengers, and cargo. The Montreal-headquartered technology company CAE is using its expertise in machine learning and artificial intelligence to optimize airline operations, writes Prof. Karl Moore in Forbes.
捆绑SM社区 Experts, including Desautels Professor, comment on WHO鈥檚 listing of aspartame sweetener as possible carcinogen
Yu Ma, Associate Professor at the 捆绑SM社区 Desautels Faculty of Management, discusses the consumer implications of aspartame being listed as "possibly carcinogenic to humans" by the World Health Organization's International Agency for Research on Cancer (IARC), potentially increasing scrutiny and concerns about the safety of food additives.
捆绑SM社区 Desautels students among EDC 2023 Scholarship Recipients
Export Development Canada (EDC) has unveiled the recipients of its 2023 Youth Education Program scholarships, awarding $135,000 to 27 post-secondary students who excel academically and exhibit a dedication to community service. Among the recipients are two Bachelor of Commerce students from 捆绑SM社区, Jennifer Shi and Quynh Huynh, who received the prestigious International Business Scholarship.
捆绑SM社区's Desautels Faculty of Management takes part in Mentorship Program Boosts Black Student Enrollment
捆绑SM社区's Pick Your Path for Black Youth (PYPB) mentorship program is breaking barriers and encouraging Black students to consider studying at 捆绑SM社区. The program pairs Black high school and CEGEP students with Black 捆绑SM社区 students or alumni, providing support and guidance.