Small businesses can also benefit from AI
Big businesses are deploying artificial intelligence to streamline their supply chains, cut labour costs, and better understand their customers. For small- and medium-sized enterprises, keeping pace can be a daunting task.
In less hierarchical workplaces, mentoring is a two-way street
As an ever greater number of people stay in the workforce later into their lives, there are more generations working together than ever before. Older generations should be sure they listen to their younger colleagues, according to Associate Professor Karl Moore. “The workplace is less hierarchical than it used to be, and their truth is almost as good as my truth,” he says in an interview on BNN Bloomberg.
Artistic approaches to creativity can be model for business leaders
On stage, singer, producer, and DJ Luka Hollinger reinvents himself as the persona Rondo Banks. The Montreal-based musician sees the shift as a way to express himself in a genuine way. Hollinger views creativity as a choice, and believes that conscious decisions to be more creative can lead to a transformative overflow into all aspects of life.
MIPC asks students to devise decumulation strategies for an inflationary environment
For its 7th edition, the 2023 McGill International Portfolio Challenge (MIPC), as part of McGill’s Sustainable Growth Initiative (SGI), gathered over 80 teams from 27 countries to address retirement challenges amidst inflation. Participants tackled the task of developing decumulation strategies for the fictional Maple Leaf Pension Plan, simulating real-world data.
Avoiding simple mistakes can help you manage your money
In a recent video interview with 24 heures, Benjamin Croitoru, Associate Professor of Finance and Associate Dean of Undergraduate Programs at McGill Desautels, shared valuable insights on navigating financial challenges amidst the economic uncertainties of 2024.
Local bakery works with the Bensadoun School of Retail Management to guide move to check-out automation process
The pandemic hit many businesses hard, and the artisanal bakery and café Mamie Clafoutis was one of them. Their seven locations in Montreal and Ottawa were forced to reduce their hours to one shift per day. As they’ve emerged from the storm, they have sought ways to keep their costs low, and one of them is by automating checkout.
Theatre piece brings awareness to humanitarian efforts
Art occupies an important place in the life of the former international president of Doctors Without Borders / Médecins Sans Frontières (MSF), Joanne Liu (MDCM'91, IMHL'14, DSc'16).
The pandemic pushed tipping too far, but customers can push back
A recent video sharing one woman’s New Year’s resolution to no longer tip has gone viral, proving that, for many consumers, tipping has become excessive. Just a few years ago, diners often ponied up 15% on a restaurant bill or bar tab. As restaurants were forced to close during the pandemic, tip prompts creeped up to 18%, 20%, or even 30%. Tip prompts were also added to many other services where tipping had never been customary – like drive-thru windows and even deli counters.
Maxime Cohen and Saibal Ray named Top Retail Experts for 2024
Two faculty members of the Bensadoun School of Retail Management (BSRM) have been named to Rethink Retail’s Top Retail Experts (TRE) list for 2024, one of the most prestigious global accolades in the Retail and Consumer Packaged Goods (CPG) industry.
Universities must go beyond the ivory tower
The ivory tower sits on a solid foundation, but it could use a little shaking up, writes Professor Henry Mintzberg in a University World News article co-authored with his daughter Susan Mintzberg, a doctoral candidate in social work at McGill University. They argue that an overemphasis on a few top journals is one of the issues of the current model.
Unionization is having a moment, but reaching initial contract agreements is proving challenging
In 2022, employees at a Trader Joe’s grocery store in Massachusetts successfully voted to unionize. However, almost two years later, the company has yet to present any contract proposals. Despite the company's initial dismissal of a $30-an-hour wage proposal, they failed to provide a counter-offer, contributing to a broader trend of extended negotiations for new unions' inaugural contracts.
Pension funds can drive greater returns by participating more directly in value creation
Pension funds manage enormous amounts of capital, but they don’t create as much value as other players in the financial sector. Entrepreneurs, venture capitalists and private equity funds all play a more direct role in launching projects and creating value.
A McGill MBA alumnus is integrating the latest technology into supply chain management
Bachir Sentissi (MBA’98) wants to make it easier to access the Internet of Things (IoT). After completing his MBA, Sentissi worked with Canadian National Railway, and became interested in how organizations collect and process information.
Economic uncertainty will continue in 2024, and businesses can benefit by planning for it
Last year was one of economic uncertainty – and a challenging year for many small businesses. Despite this, small business owners demonstrated remarkable resilience, ingenuity and leadership, and looked for ways to turn obstacles into new opportunities, writes Don Ludlow (MBA’01) in CanadianSME Business Magazine.
MMR student shares how L'Oréal Brandstorm led to internship
Last year, after months of hard work and 'brandstorming', two McGill Desautels teams took the podium at the 31st annual L'Oréal Brandstorm competition, competing against top teams from across Canada! Madison Laxer and her fellow Master of Management in Retailing (MMR) teammates, Aditi Bali and Supreet Kaur, took third place.
