Latest News
- Category: Latest News
Throughout 2022 and 2023, the Family Enterprise Legacy Institute (FELI) at the Telfer School of Management and the Family Business Network (FBN) are partnering to deliver the NxG Legacy Forums — a series of eight panel discussions addressing the key questions for next generation members of business families. Topic questions for the forums have been selected from a new book, Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask, by Telfer professors Peter Jaskiewicz and Sabine Rau.
In career planning, it is important to know where you ultimately want to go, and the steps for how to get there – in essence, figuring out how to set yourself up for success. For next generation members who want to join the family business, however, this path is not always so clear. Every family business is different and has their own rules and processes – although sometimes these haven’t been well defined. This can lead to the question: “How can next-generation members prepare themselves in the long run before joining the family business as a manager?”
This topic was the basis for discussion at the third of eight events in the NxG Legacy Forum series. The event was moderated by Telfer’s Peter Jaskiewicz and Sabine Rau, with panellists Alexandra Heraeus of Heraeus Holding and Vincent Chian of Fairview International School, both members of enterprising families.
Starting at a Young Age
For Alexandra Heraeus, preparing to become an active member of the shareholder family started at a young age. She found herself lucky that her father involved the children in the business in different ways. “Additionally to the opportunity of doing internships, he talked about the business (at home) …and would occasionally take me for business trips to see operations in China and India,” Heraeus explained, adding that it gave her a great view especially on the values of the company.
Another key way Heraeus prepared for building her knowledge around the family business was simply through showing up. For Heraeus, this meant attending anything the shareholders had scheduled, including events and shareholder meetings. She recalled an interesting event from her past, when she was 12-years old and was disappointed to miss a friend’s party because of a shareholder meeting. But over the years, she has found it valuable to nurture a mindset of these meetings not being something to think about going to, but instead to just go. “Being there and showing the commitment,” she said, adding, “it’s the base for everything.”
An important way Vincent Chian and his siblings have prepared themselves to be leaders in the family business has been through first learning to follow. “One thing my father always said was to be a good leader, you need to be a good follower first,” he explained. One of the ways this wisdom has imparted on him and his siblings was through the family business rule that everyone joining the business starts at the bottom. For Chian, this meant starting out as a biology teacher, despite the significant psychiatry training he already had. “We all started out being teachers, no short cuts,” he said. “Everyone needs to spend a few years on the ground.”
Other family processes that helped Chian prepare for joining the family business include a policy that all members have to complete an MBA and participate in the Family Business Network (FBN). Listening was also an important element in preparation, with Chian sitting in on all leadership meetings to observe and listen. “You don’t understand how important these sessions are until 7 or 8 years later,” he added.
Learning one step at a time
As a large family business, with 200 members as shareholders, Heraeus’ family have many next generation members to potentially involve in the company. Heraeus explained that to nurture the interest and intensify family bonds, the family has developed different events and activities each with their own focus. For example, for members aged 14-25, there is a yearly event schedule for younger members which helps them better understand the inner workings of the company and what it means to be a shareholder. This involves having sessions on explaining the basics of the company in more detail, going through the technicalities of a shareholder meeting, and helping develop useful and relevant skills, such as public speaking.
In Chian’s family, the learning process for new entries to the business involved several different stages, which included being part of a small group who would work on every aspect of the company, building important management competencies. The group of seven would, “get deployed all over and thrown into the deep end on many areas,” he explained, gaining such skills as operations, finance, marketing and sales.
Another stage was being given a project to lead, however as Chian put it, “with a lot of rope.” His father would always be close to advise and give suggestions. “You could mess up,” he said. “This was where you learned about your leadership style. It prepared us to lead well.”
The art of being muddled…and other insights
Other valuable lessons and tips from both panellists were shared, such as, for Chian, having professionalism, mastering a craft, and also developing networking skills. He also added that the Mandarin saying nande hutu – or ‘the art of being muddled’ – has saved him many times. As he explained, although there is no direct English translation, it is an idea rooted in having tact and humility.
Heraeus found that breaking complex shareholder problems into smaller pieces was a great help and maintaining a belief that even the most difficult concepts can be understood through taking time to learn and ask the right questions. “You need to believe in yourself that you will tackle it,” she added.
Upcoming NxG Legacy Forums
The next NxG Legacy Forum will take place in September 2022. In the meantime, catch up with discussions from previous NxG Legacy Forums!
NxG Legacy Forum #1: “How can my siblings and I assess whether we could work constructively in the business one day?” Read more here.
To find out other ways Telfer is helping empower the next generation of business leaders, discover the Family Enterprise Legacy Institute and sign up for the Institute's newsletter.
- Category: Innovation and Entrepreneurship
Throughout 2022 and 2023, the Family Enterprise Legacy Institute (FELI) at the Telfer School of Management and the Family Business Network (FBN) are partnering to deliver the NxG Legacy Forums — a series of eight panel discussions addressing the key questions for next generation members of business families. Topic questions for the forums have been selected from a new book, Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask, by Telfer professors Peter Jaskiewicz and Sabine Rau.
The question “How can my siblings and I assess whether we could work constructively in the business one day?” was the theme of the first event in the NxG Legacy Forum series held in late March.
The event was moderated by Telfer’s Peter Jaskiewicz and Sabine Rau, with panellists Valentine Barbier-Mueller of Groupe SPG-Rytz and Drew Everett of Bush Brothers & Company. Both Barbier-Mueller and Everett are members of multi-generational family businesses and have experienced the benefits and challenges of being part of an enterprising family.
Aligning on Values and Embedding Governance Structures
For Barbier-Mueller, one of the most important elements in keeping the next generation of a family business together was having shared goals and being aligned on the values they want to project. For example, while she and her father have different personalities and working styles, they came to realize their differences complemented each other. “This can be a source of positivity.”
For Everett, a fourth generation member of a business involving 95 family members across the U.S., working constructively involved finding meaningful ways for the family to be involved, even if they weren’t working directly in the business.
Some family members wanted to contribute but didn’t necessarily want a job in the firm. Instead, opportunities were created for members to participate, including through governance structures like a board of directors, a family council, a private trust and estate activities, as well as events and family gatherings.
Everett stressed the need to put governance systems in place sooner than later. “Don’t wait until the fourth generation and there’s 95 of you,” he noted.
Subscribe and stay up to date on the latest key resources shared by FELI.
For a limited time, entered for a chance to win your physical copy* of Enabling Next Generation Legacies by Peter Jaskiewicz & Sabine Rau.
Education is Key
For Everett, education was key in helping his family work together. He and other family members attended a series of courses to learn about the complexities of multi-generational businesses, creating systems and dealing with challenges. The courses provided him and his family with a shared educational foundation, vocabulary and understanding of the needs of a large ownership group.
Everett added that working with a knowledgeable family business consultant facilitated the process, helping identify areas of concern and building trust and togetherness.
Building Trust Within and Across Generations
Barbier-Mueller said that she and her sisters talk multiple times a day and try to keep communication flowing. “A family who has fun together will be more likely to stay together,” she said, recommending taking pleasure in the time members spend together.
Another essential element for Barbier-Mueller is giving family members the benefit of the doubt, and “trusting that everyone wants to achieve the same common objectives.”
Everett encouraged all members to make a concerted effort to build relationships. “Have opportunities for fellowship, and to get to know each other better.”
Supporting the Next Generation
For Barbier-Mueller, the most important role for the senior generation is to clarify rules and foster unity. The senior generation must treat all next generation siblings fairly. The principal role of older members is providing a historical context for the business and sharing stories about core family values, thus providing continuity and helping bind the family together.
Rau wrapped up the discussion, mentioning that working successfully with family members requires effort. “We have to become aware that it’s not just a given, but something we have to work for.”
Upcoming NxG Legacy Forums
The second NxG Legacy Forum took place in early April, with the topic question “We have wealth. When should we set up a family office to organize it?” Watch for an event summary soon.
To find out other ways Telfer is helping empower the next generation of business leaders, discover the Family Enterprise Legacy Institute and sign up for the Institute's newsletter.
- Category: Innovation and Entrepreneurship
In the coming months, The Telfer Knowledge Hub is featuring select parts from Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask.
The result of years of international research and practical experience, Enabling Next Generation Legacies delves into the unique challenges that confront family businesses.
Telfer Professors Peter Jaskiewicz. Director of the Family Enterprise Legacy Institute (FELI), and Sabine Rau, collaborator at FELI, have brought together the world’s leading academics, practitioners, and enterprising families to answer the most pressing questions faced by Next Generation members in a short and concise, yet meaningful way.
The book consists of best practices, real-life examples, and additional critical questions for reflection from nearly 100 contributors from 27 different countries. Expert commentaries come from members of the world’s leading family businesses including Auchan (France), Saputo (Canada), and Sabra (Israel), as well as from various academic experts from business schools around the globe like Kellogg, IMD, and INSEAD.
Below, read a commentary to a pressing question by a fourth generation member of a Malaysian family business.
When and How Should Family Members Be Promoted in the Family Business?
Commentary by Yoon Li Yong, Malaysia
Our family business, Royal Selangor International, is located in Kuala Lumpur, Malaysia. My great-grandfather started it in 1885. He was a tinsmith in the growing tin industry and began making products for households. We have never mined or smelted tin. Instead, we focus on adding value to tin. Our business has a strong brand and makes beautiful home products, many of which were designed in our workshop. The third generation was my father and three siblings. This generation internationalized the business to Europe, Australia, and the U.S. in the 1970s and built a network of offices, distributors, and wholesalers.
Today, we have a total of about 600 employees with most of us based in Kuala Lumpur. The family business is still privately held, and we have completed succession to the fourth generation. In our industry, product life cycles are long. Some of our evergreen products are twenty years old. However, the industry has shifted over the last thirty years; living has become less formal. The household items and gifts industry has, therefore, gone through some consolidation with brands either being bought out or shuttered. One has to be very passionate to work in this business but, then again, being constantly surrounded with beautiful things is a pretty good motivation.
In the fourth (my) generation, most of my relatives have been in some way or form involved in the business. Today, only two of us—my cousin and I—work full time in the business. I am the managing director; he is the executive director. I was an engineer by training before I did my MBA in 2004. In 2005 I joined the business as a retail manager for a few years before taking over product, manufacturing, and marketing as a general manager. From there, I worked my way up to where I am now. So, how are family members hired and promoted? Let me highlight our rules and our values.
Our Rules
- Every family member has to work elsewhere for at least two years after leaving school.
- If a family member is good at what they are doing and fits the company's needs, they might be invited to work here.
- We engage our nonfamily directors and managers for hiring family members.
- Once a family member is invited, they apply for a vacant position and undergo the standard recruitment process.
- Every family hire reports to their head of department, who may not be a family member.
- Every family hire starts as a regular team member.
- If the head of the department is a nonfamily manager, they make promotion decisions, and twice a year, they review possible promotions and provide employees with feedback. On average, we promote good employees every two to two-and-a-half years. The family council, however, can fast-track family members who excel in their jobs.
Our Values
Our family council includes six members electe d every three years from eligible voting members of the family forum. We organize a large family retreat every eighteen months. At every second retreat, we elect a new family council. A critical outcome of past retreats was the creation of our family charter. Our philosophy is to work together to generate solutions that meet the needs of both the business and the family. We communicate, work together, and practice integrity and love. We see our most important priority as remaining united as a family through spending time together and providing understanding and support to each other. We should maintain a balance of work, family, and play. We encourage family members to contribute views and ideas, to ensure participation regardless of age or experience. We recognise our responsibilities to resolve conflict through a process, to listen and communicate, and to unite in the face of external threats. We value our success, history, and legacy; and through our family council and family foru m we work to pass on to the next generations what has been so ably passed on to us.
Our Family Vision
Our Family Vision is to propagate the Royal Selangor name globally to be synonymous with pewter and good design leading to a vital and dynamic brand. We recognise that employees are a valuable asset. We will recruit, develop, and retain outstanding talent, both family and nonfamily, based on merit. The business will continue to be majority-owned by the family, in order to maintain the legacy of Royal Selangor. The board of directors will have family and nonfamily members. Family members not directly involved will have their views and interests represented through an active family council, and an evolving charter of good family governance. The business will be a good corporate citizen through its interaction with the community.
Questions for Further Reflection
- Are you familiar with the history of your family business promoting family members?
- Do you agree with the practice of promoting family members in your family business?
- Do you think this practice should be updated? If so, how?
- Do you have a family constitution/charter detailing how family members are hired and promoted?
- If you want to be promoted, as a Next Gen, within your family business, what do you do?
- How do nonfamily managers and board members see the practice of promoting family members?
Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask is now available in eBook and hardcopy. All royalties from Enabling Next Generation Legacies go towards the University of Ottawa’s Telfer Fund, helping students in need. Learn more at www.35questions.com.
To read more about how Telfer is shaping the conversation about the future of family enterprise, visit the Family Enterprise Legacy Institute and subscribe to our newsletter to stay up to date and be entered for a chance to win your physical copy of Enabling Next Generation Legacies. (you must have a delivery address in Canada).
- Category: Latest News
The world of work is experiencing considerable turbulence. Unavoidable macro forces, such as COVID-19's toll on financial markets, Canada’s aging workforce and management challenges during the pandemic are exerting pressure on organizations and changing work expectations. While change can be daunting, it ultimately offers an opportunity to grow, creating healthier organizational practices and happier employees.
Recently, the Telfer School of Management hosted Dr. Ruth Kanfer, a world-leading expert on work motivation and workforce management from the Georgia Institute of Technology, to speak as part of the annual Distinguished Speaker Series on Thriving Organizations and Societies.
Kanfer reflected on her over 30 years of studying work motivation and how organizations can adapt to change in the post-pandemic era, which led to the following takeaways:
Shifting from a job design model to a workplace design model can increase competitiveness
Creating value for organizations starts with recognition of employees as life-long learners who continue to develop skills, interests and goals, and the adaption of jobs so that they grow as employees. This workplace design model can sustain organizations’ competitiveness and ability to adapt to market changes. In contrast, a job design model may prevent organizations from learning from their workforce.
Embracing the notion of nonlinear careers helps retain talent
The modern day workforce is highly educated, and potential employees wish to continue to learn and grow. Thus, younger generations’ career trajectories resemble the branches of a tree rather than a straight line. Creating programs that appeal to this desire, such as sabbaticals, special projects and opportunities to mentor junior colleagues, can help retain top talent while nurturing and diversifying employee skillset.
Viewing ongoing training as a long-term investment contributes to a firm’s success
Organizations need to consider training as an essential long-term investment to foster sustainable careers. Rather than offering “one-and-done” training, organizations must continually reflect and adjust training to fit employees’ ever-changing needs and motives. Since few careers are linear, training should open the door to new career paths within the organization.
The secret of thriving organizations
The future of workforce management requires organizations to accept the fundamental nature of employees as ever evolving and to adopt more nimble organizational practices that accommodate this dynamism.
For Kanfer, while change can be difficult, adapting to the challenges of the 21st century will require some creative thinking and problem solving. Organizations that can assess challenges and act accordingly will not only gain a competitive advantage, but also put the conditions in place to help their employees thrive.
About the Distinguished Speakers Series on Thriving Organizations and Societies
This annual lecture series provides an opportunity for students, professors, practitioners and members of the community to learn from world-renowned researchers sharing ideas on topics related to building meaningful organizations and thriving societies.
The workforce has been changing and so has the nature of work. As the Thriving Organizations and Societies research group at Telfer examines the impact of these changes on our workforce, organizations and society, it also seeks a better understanding of thriving, that is, greater well-being and performance. Research conducted on this multidisciplinary and timely topic by the group will look beyond productivity and financial performance to the conditions that encourage or hinder thriving environments.
About the Authors
Jane O’Reilly, Associate Professor and Telfer Fellow in Workplace Well-being
Professor O'Reilly’s research examines informal workplace interactions and relationships. Her main research areas are mistreatment and social sexual behaviours in organizations. Her work on third-party mistreatment focuses on how bystanders can help (and sometimes harm) targets of workplace bullying and harassment. She also studies workplace social exclusion as a form of mistreatment, and the ways it can be detrimental to employee well-being. Her research program seeks to understand when social sexual behaviour in the workplace becomes harassment.
Yanhong Li, PhD in Management candidate
Li’s research focuses on courage in the workplace, the work-family interface and employee well-being. Her master’s thesis, supervised by Professor Laurent Lapierre, focuses on factors that contribute to individuals’ work-family enrichment using meta-analyses. Li is currently working on several projects to identify problems related to, raise awareness of, and advocate for equity, diversity, inclusion and employee well-being.
Daniel J. Quintal-Curcic, PhD in Management candidate
Quintal-Cucic's research interests include mental health, intersectionality, leadership and prejudice in the workplace. He is pursuing his doctorate under the supervision of Professor Laurent Lapierre. Recently, Quintal-Cucic's placed as a top 25 finalist in the 2022 Social Sciences and Humanities Research Council (SSHRC) Storytellers Challenge.
- Category: Innovation and Entrepreneurship
The Telfer School of Management is the proud presenting sponsor of a series of four webcasts powered by the Globe and Mail Events. Each webcast will highlight one of the four pillars in our Vision for a Better Canada — greener, healthier, happier, wealthier and more prosperous — through an interview with a Telfer professor, followed by a discussion with a panel of experts.
Family enterprises represent more than 35% of Canada’s real GDP and account for nearly half of all private sector jobs, according to a 2019 report by Family Enterprise Canada and the Conference Board of Canada, yet their future is uncertain. As baby boomers exit the workforce, experts say the next generation is unprepared to take over and protect this vital part of the national economy. What skills and knowledge will future business leaders and entrepreneurs need to carry on the family enterprise legacy?
One expert looking into these questions is Telfer professor Peter Jaskiewicz, University Research Chair in enduring entrepreneurship and the founding director of the school’s Family Enterprise Legacy Institute (FELI). In the interview portion of the event, led by Rita Trichur, senior business writer and columnist at The Globe and Mail, Jaskiewicz discussed family enterprises and how, when it comes to business succession, failing to plan is synonymous with planning to fail.
Business: A Family Affair
Jaskiewicz’s research has personal meaning. Growing up with a family musical instrument business in Poland, he had an early taste of entrepreneurship. Unfortunately, following the sudden, unexpected passing of his uncle, the lack of a succession plan led to major family conflict. Within six months, what was once a business appreciated by a loyal clientele and well established in the community closed for good.
This experience motivated Jaskiewicz to help other family businesses avoid the same fate. He also realized that his expertise could not only help business families, but strengthen the global economy as well. During the Globe and Mail webcast, Jaskiewicz said that a third of the family businesses in Europe are in danger of disappearing due to failure to support and prepare the next generation. This represents a large segment of the European economy in terms of jobs, growth and contribution to local surroundings.
Jaskiewicz mentioned two common mistakes that lead to poor family business succession plans:
- Members of the next generation are not viewed as partners in planning their integration and are just treated as kids within the family business. Thus, they fail to see their own value in the business and, more so, as contributors to their community.
- Family communication is often implicit. However, the senior generation’s vision does not necessarily apply to the next generation, who are easily taken for granted. Open and honest communication should be welcomed early on and even introduced around the kitchen table from a young age.
See also: Smart succession planning key to future prosperity for family businesses
Say Yes to a Helping Hand
Patricia Saputo, co-founder and executive chair of the board and strategic adviser at Crysalia, took part in the panel alongside Arjan Stephens, president at Que Pasa Mexican Foods and executive vice president at Nature’s Path Foods, and Margaret Hudson, president and CEO of Burnbrae Farms Limited.
Saputo, a member of the Telfer Strategic Leadership Cabinet, agreed with Jaskiewicz on the need for communication. For her, it can be difficult to speak about family conflicts. Many families would benefit from outside help — members might be good at running a business, but it doesn’t mean they’re also good at planning the succession. There is a network of professionals who can help, including at Crysalia, which Saputo co-founded to sustain multigenerational enterprising families.
Hudson agreed, adding that her family has worked with outside advisers for the last 20 years. Establishing structures such as family and shareholder councils is beneficial, as is actively educating the next generation about the business.
Watch the full Future of the Family Enterprise event
Start From a Young Age
The panellists agreed that engaging the next generation from a young age is key to them joining the family business. Both Hudson and Stephens shared stories of their involvement in the business as children — Hudson collected eggs on the family farm at age eight and Stephens worked in the family’s restaurants as a busboy. They not only gained an understanding of the business, but also saw their parents’ and family’s sacrifice, passion and energy.
For all panellists, it was important to set protocols on how family members enter the business. And as Stephens noted, the next generation must work hard and prove their worth: “Just because your last name is Stephens doesn’t mean people are going to respect you. You have to earn it, and you earn it by being a good team player.”
Follow the Family Enterprise Legacy Institute (FELI)
Professor Jaskiewicz and his colleagues at FELI have combined their years of international research and practical experience to establish the institute at the Telfer school.
Jaskiewicz has recently published an already influential book, Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask. He and co-author and FELI collaborator Sabine B. Rau have brought together the world’s leading academics, practitioners and enterprising families to answer the most pressing questions faced by next generation members in a concise yet meaningful way. The book consists of best practices, real-life examples and questions for reflection from nearly 100 contributors from 27 different countries.
Subscribe to the Family Enterprise Legacy Institute newsletter and be entered for a chance to win Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask (you must have a delivery address in Canada).
- Category: Innovation and Entrepreneurship
Answers are important, but asking good questions can be even more so. In our increasingly divisive world, the right questions can truly demonstrate our willingness to understand the needs of the other side.
For the younger generation in business families – Next Gens – the right questions haven’t previously been posed nor answered. Too often a lack of understanding prevails between the wishes of the senior generations and the concerns and needs of Next Gens. To compound this, much academic research has typically focused on the parents’ generation because they are the ones in power. These realities led Telfer Professors Peter Jaskiewicz and Sabine Rau to ask: what do Next Gens really need and want?
To answer this question, Jaskiewicz and Rau went straight to the source, asking Next Gens for their views, perspectives and concerns. The result: newly released book Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask, which is now available in hardcover. The book brings together the thirty-five most pressing questions faced by Next Gen members around the world, with responses from leading academics and enterprising families.
The book was recently the topic of an online article in Family Firm Institute’s publication, FFI Practitioner. The article explains how the book came together, starting with a research process of formal and informal interviews over several years with senior and Next Gen members of more than 100 business families. From these interviews, it quickly became obvious how much the challenges of senior generations differed from those of the Next Gen. Realizing there was a need to consider the Next Gens’ perspective more actively, Jaskiewicz and Rau systematically collected their questions, asked for feedback, then established a final list of thirty-five questions.
With the intention of encouraging discussion and dialogue instead of pushing static solutions, each question provides a thoughtful response from a leading academic or practitioner, followed by commentaries from Next Gens themselves. This unique format offers a fresh perspective on the topic of family business, equally relevant to academics, practitioners and businesses, bringing together the global community to answer the next generation’s call.
As members of Telfer’s new Family Enterprise Legacy Institute (FELI), Jaskiewicz and Rau will be using research findings like those from Enabling Next Generation Legacies to help bridge the gap between differing generations in family businesses. Specialised programs such as the Certificate in Responsible Ownership tackle the intergenerational disconnect and help prepare the next generation, leading to healthy, sustainable relationships within the family and business.
To learn more about how Telfer is shaping the conversation about the future of family enterprise – and working to ask the right questions – visit the Family Enterprise Legacy Institute and subscribe to our newsletter .
- Category: Innovation and Entrepreneurship
In the coming months, The Telfer Knowledge Hub will be featuring select parts from Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask.
The result of years of international research and practical experience, Enabling Next Generation Legacies delves into the unique challenges that confront family businesses.
Telfer professors Peter Jaskiewicz and Sabine Rau have brought together the world’s leading academics, practitioners, and enterprising families to answer the most pressing questions faced by Next Generation members in a short and concise, yet meaningful way.
The book consists of best practices, real-life examples, and additional critical questions for reflection from nearly 100 contributors from 27 different countries. Expert commentaries come from members of the world’s leading family businesses including Auchan (France), Saputo (Canada), and Sabra (Israel), as well as from various academic experts from business schools around the globe like Kellogg, IMD, and INSEAD.
Below, read the response to a pressing question asked by family enterprises, followed by commentary from a Next Generation member of an enterprising family.
How Can I Prepare Myself to Work Effectively With My Fellow Family Owners?
Response by Peter Jaskiewicz and Elizabeth Tetzlaff, Canada
A PricewaterhouseCoopers survey of 956 Next Gens in 2019 from sixty countries and territories found that Next Gens have big plans.[i] With 70 percent of these Next Gens actively engaged in the family business, by 2025; 41 percent expect to be executive directors (i.e., owner-managers); 29 percent anticipate being majority shareholders; 15 percent plan on being involved in business governance, and the other 15 percent expect to become non-executive directors. In other words, 85 percent share the ambition of becoming owners of their families’ businesses.
As Marvel’s Uncle Ben reminds Peter Parker, “with great power comes great responsibility.”[ii] Ambition, like power, has its own counterweight—obstacles. So, it could be said, “with great ambition come great obstacles.” Despite their ambition, 52 percent of Next Gens have yet to be given the responsibility of a special project, and despite being “deeply engaged” in the family business, 64 percent of them admit that they are not being used as a sounding board. Worse still, 10 percent of these Next Gens feel unheard: “I make suggestions, but they are hardly ever listened to.” These statistics echo the sentiment that Next Gens shared with us: We are ambitious and want to work effectively as owners, but how can we prepare for that ourselves?
Ambition, Abilities, Approach, and Acceptance
In our experience, effective Next Gens have their “A game,” which includes four As—ambition, abilities, approach, and acceptance.[iii]
Ambition. To have ambition is to have determination and a strong desire to achieve or see something to completion.[iv] For Next Gens, this desire could speak not only to their desire to succeed as the successor, but also their determination to improve upon the advancements made in the family firm. Indeed, on one hand, we have met Next Gens who lacked ambition, stating: “I will never be as good as the incumbent.” On the other hand, we have met ambitious Next Gens who were keen to learn how to accelerate their own development and were eager to leave their mark. For instance, they talked about projects to reduce carbon emissions of the family firm, unify the family before spinning off outdated business units, or implement plans in the family office to sell investments that do not comply with environmental and social standards. Without their ambition, these behaviors might not take place. Ambition is thus the first necessary quality that Next Gens need to possess. However, in order for it to be beneficial and not destructive, ambition, like energy, needs a value-oriented direction.
Abilities. Abilities help to harness ambition and give it direction. Abilities are commonly equated with accounting degrees or strategy MBAs. However, the abilities that make effective family owners are much broader and include having good people skills, being able to motivate others on the team, having healthy coping mechanisms to deal with stress, and being able to approach conflict constructively. In his biography, Charles Bronfman—the second-generation former co-leader of Seagram—describes many effective decisions that he and his brother Edgar made, but Charles also discloses that his biggest mistake was to suppress his thoughts when his brother and his brother’s son brought forward proposals that were driven by their personal interests rather than business sense.[v] Charles says that he saw the problems of the family’s investment ideas but admitted that he did not use his veto right because he felt pressured to comply and wan ted to avoid conflicts. From Charles’s story, we learn how important it is for family owners to have an encompassing range of soft skills. We can also see that ambitions that are not properly guided can ruin the family business.
Approach. Having the right abilities equips the owner with a foundation onto which they can add an effective approach to decision-making processes in family business. In our experience, as long as all parties involved feel that their voices are heard and accounted for, family owners are able to make controversial decisions (e.g., How do we deal with an underperforming family manager?)—even if they do not fully agree with each other to start with. Otherwise stated, Next Gens need to understand what constitutes a fair process, communicate, and then implement such processes.[vi] We have witnessed, firsthand, good decisions failing because the family did not use an approach that allowed those involved to feel that they were all on equal footing in the decision-making process.
Acceptance. Finally, having the ambition and the ability together with the right approach leads Next Gens to the door, but in order to open it, a key is necessary: acceptance. It is not uncommon to experience the disheartening feeling of meeting everyone, having them congratulate you on the new board appointment, and then ignore you for the rest of the meeting (or the next five-to-ten years). This does not mean that the Next Gen will not be accepted, it simply means that Next Gens will need to accept that it is necessary to prove themselves in order to be recognized. Learning about ownership can look like attending family council meetings, being a board observer (visitor) in board meetings, and assuming formal roles in student groups, local not-for-profits, or regional family business associations. Rather than passively waiting for acceptance, Next Gens need to proactively work tow ard it. In other words, if Next Gens are able to commit to proving themselves outside and inside of the family business, then they will be more likely accepted as Next Gen leaders.
In summary, Next Gen owners’ effectiveness is an outcome of their ambition, abilities, approach, and acceptance. If the senior generation does not share influence and does not treat Next Gens as owners, the latter will be less effective. Similarly, fellow Next Gen owners can be destructive. If they are poorly prepared and immature, they can torpedo processes and push away effective Next Gens. Therefore, families and Next Gens need to do their part to ensure that none of the future owners become the Achilles heel of the family and the bottleneck of their enterprise(s). Families whose Next Gens bring their “A game” are more likely to make a difference for their families, enterprises, and communities.
Peter Jaskiewicz is the inaugural director of the Family Enterprise Legacy Institute (FELI) and co-author of Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask. He is a full professor of family business at the Telfer School of Management, where he holds a university research chair in enduring entrepreneurship.
Elizabeth Tetzlaff is a PhD candidate at the Telfer School of Management. Her research centers around exploring the impact of mental health on both the functioning of the business family as well as on the health and vitality of the family business. In addition to her research, Elizabeth is working on SSHRC-funded research study to understand how differences among families influence the longevity and success of their family businesses.
The ebook for Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask is now available. Learn more at www.35questions.com. Print copies available February 2022.
To learn more, visit the Family Enterprise Legacy Institute and subscribe to our newsletter to stay up to date on how Telfer is shaping the conversation about the future of family enterprise.
References
[i]“Agents of change: Earning your licence to operate,” PwC’s Global NextGen Survey (Germany: PwC, 2019), 1-26.
[ii] Spider-Man, directed by Sam Raimi (2002; Culver City, CA: Columbia TriStar Home Entertainment), DVD.
[iii] Mira Bloemen-Bekx, “Enriching the Early Phases of the Succession Process: An Explanation of the Role of Social Mechanisms in Business Families” (PhD diss., Hasselt University, 2019). Authors’ note: Mira Bloemen-Bekx speaks of ambition, abilities, and acceptance.
[iv] Oxford English Dictionary, 3rd ed. (2001), s.v. “ambition.”
[v] Charles Bronfman and Howard Green, Distilled: A Memoir of Family, Seagram, Baseball, and Philanthropy (New York: HarperCollins, 2017).
[vi] Ludo Van der Heyden, Christine Blondel and Randel S. Carlock, “Fair Process: Striving for Justice in Family Business,” Family Business Review 18, no. 1 (March 2005):1-21.
- Category: Innovation and Entrepreneurship
Family businesses pass more than ownership to the next generation – they also pass on traditions. And better management of these traditions can help family enterprises address two of their fundamental tensions: the need to modernize the business and the need to honour the founder’s vision.
Early studies suggested that traditions were an impediment to change because they burdened the family business with history. For instance, traditions could make family businesses risk-averse and less innovative because the preservation of the status quo trumps anything else.
However, as explained in a recently published article in The Conversation – co-authored by Peter Jaskiewicz, Telfer’s University Research Chair in Enduring Entrepreneurship – family firms shouldn’t be so quick to cast traditions aside. To explain the importance of traditions, the article weaves in examples from Greek folklore, using the famous stories of Theseus’ Paradox and Sophocles’ account of Oedipus. Parallels to the hit HBO series Succession are also made to explain how traditions can help and harm the family firm.
The article – adapted from an earlier paper published in Family Business Review – proposes that traditions shouldn’t be thrown out of the firm, nor rigidly enforced, but instead reinterpreted by the next generation. One way this can be done is through collective remembering: when senior family members share stories about past achievements and discuss their meaning with the next generation, they co-create narratives that are relevant to both generations. Another way is by retaining the structural elements of traditions — the rituals —but continually updating them to be relevant in today’s world.
It is through this rebuilding and reinterpreting of traditions that senior and next generation family members learn to better work together for the benefit of the family firm. Telfer’s new Family Enterprise Legacy Institute (FELI) – of which Jaskiewicz is the inaugural Director – encourages and supports these relationships, working directly with family enterprises to help them evolve while maintaining their authentic identity and traditions. Knowledge gained and applied leads to more family enterprises enduring from generation to generation – leading to a stronger Canadian economy.
To learn more, visit the Family Enterprise Legacy Institute and subscribe to our newsletter to stay up to date on how Telfer is shaping the conversation about the future of family enterprise.
Peter Jaskiewicz is the inaugural Director of the Family Enterprise Legacy Institute (FELI), as well as full professor of family business at the Telfer School of Management where he holds the University Research Chair in Enduring Entrepreneurship. He is also the co-author of new book, Enabling Next Generation Legacies: 35 Questions that Next Generation Members in Enterprising Families Ask.
Peter’s research on family business has received numerous awards and were considered among the most globally influential scholarship in 2013, 2015, and 2017. Peter has presented his research insights to members of the European Parliament, the European Commission, and employees of the United Nations. In addition, he has also worked with the federal government in Canada. His current research focuses on antecedents of transgenerational entrepreneurship and corporate reputation in family and founder firms. Moreover, Peter researches organizational outcomes of entrepreneurial legacies, managerial pay dispersion, and family dynamics in these firms.
- Category: Innovation and Entrepreneurship
In the coming months, The Telfer Knowledge Hub will be featuring select parts from Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask.
The result of years of international research and practical experience, Enabling Next Generation Legacies delves into the unique challenges that confront family businesses.
Telfer professors Peter Jaskiewicz and Sabine Rau have brought together the world’s leading academics, practitioners, and enterprising families to answer the most pressing questions faced by Next Generation members in a short and concise, yet meaningful way.
The book consists of best practices, real-life examples, and additional critical questions for reflection from nearly 100 contributors from 27 different countries. Expert commentaries come from members of the world’s leading family businesses including Auchan (France), Saputo (Canada), and Sabra (Israel), as well as from various academic experts from business schools around the globe like Kellogg, IMD, and INSEAD.
Below, read the response to a pressing question asked by family enterprises, followed by commentary from a Next Generation member of an enterprising family.
Who Is Considered Part of the Family?
Response by Gibb Dyer, US
The question “who is considered part of the family” is important for both academics and consultants who study and work with family businesses as well as family business owners and managers themselves. For academics and consultants, identifying who is considered family is key to determining a family’s impact on a business (and the business on the family) while those families who own and manage a business often need to decide if those who are considered family will have an opportunity to be involved in the ownership or management of the business.
Definition of “Family”
To identify who makes up a family we need to understand what people commonly consider a family to be. The definition of family is problematic today given the various types of families that exist. For our purposes, a family will be defined as “individuals who identify themselves as a family unit, are recognized by others as part of a family, and share a common biological, genealogical, and/or social history.”[i]
Families come in all shapes and sizes. Common family types include the nuclear family (father, mother, and often children), extended family (one or more children living with a parent and a related nonparent adult, often a grandparent), blended family (one or more children living with a parent and a stepparent), cohabiting family (one or more children living with a parent and an unrelated adult), a single adult/parent family, and a polygamous family (typically one or more children living with a father who has multiple wives).
Family as a Social Construction and Legal Entity
These different family configurations raise interesting questions concerning who is considered family. For example, should a child consider an unrelated adult cohabiting with her mother a family member? Or should a child consider the children of a stepparent members of his family? While there are legal determinations of what constitutes a family, very often family is a social or cultural construction created by family members. For example, while a stepparent might legally adopt a child, that child may not recognize or relate to the stepparent as her father or mother. In other situations, there are parents who “disown” their biological children—the parents may be biologically related to a child, but they do not recognize that child as a member of their family, often due to what the parents consider bad behavior on the part of the child. However, when it comes to inheritance, unless a family member is explicitly denied an inheritance in a family member’s will, they might still have a claim on that family member’s assets—particularly if that person is a blood relative or a spouse —and those assets might include the family firm.
Family Roles in the Family Firm
We see families who own and manage family businesses having family members take on a variety of roles in the business. Ownership and management roles in the business typically consist of family members who are central to the business and have the most power. Other family members may have management roles but are not involved in ownership. Often Next Gens fill this role but hope to eventually be owners when succession occurs. Conflicts may occur when certain family members own the business but are not managers in the business. Family members who are in the business typically benefit from their salary and other perquisites that managers receive and are generally interested in putting profits back into the business to help it grow. However, family members who are owners and not managers typically want the profits from the business to end up in their pockets so they can benefit from the business’ success. This creates natural conflicts between family members who are owners and family members who are managers in the business (and may be owners as well). During succession, family members who haven’t been either owners or managers may want to lay claim to the firm’s assets increasing the likelihood that family conflicts will occur. Even if a family member hasn’t been involved in owning or managing the business, she may lay claim to the firm’s assets based on inheritance or some other criteria. For that reason, it is important for a family to determine not only who is currently considered family but who in the family may have a legal claim to the family’s business assets.
Family Membership and Succession Planning
Family conflicts and lawsuits are often the result of ambiguity regarding “who is the family.” With that in mind, it is important for families who own businesses to identify all individuals in the family who currently or may in the future be involved in family business ownership and management, take those family members into account when making decisions regarding the firm, and make provisions for those family members who will likely not be owners or managers. The rule of thumb is for parents (or other senior family members) to leave other assets in their wills (money, property, etc.), not family business ownership, to such heirs to avoid conflicts.
These issues are also important to consultants who want to help family firms.[ii] Research shows that before succession takes place the family should put together a clear succession plan, specifying which family members will be owners and managers in the business. It is important to share that plan with the family before succession takes place. To do this, the family needs to identify who is legally considered a member of the family and thus may have legal claims to the firm’s assets as well as those who may not be considered legal claimants but are viewed to be family members with many of the privileges of legal family members. To plan for such a change, research by Ivan Lansberg and others encourages family members to have common goals or a “shared dream” along with creating ownership structures and processes to resolve these potential conflicts.[iii]
W. Gibb Dyer (PhD MIT) is the O. Leslie and Dorothy Stone Professor in the Marriott School of Business at Brigham Young University. He has been a visiting faculty member at IESE in Barcelona, Spain, and a visiting scholar at the University of Bath. He has published nine books and over fifty articles and his research has been featured in Fortune, The Wall Street Journal and Fast Company. His recent book, The Family Edge, focuses on how “family capital” supports business growth. He has been ranked as one of the top ten scholars in the world in the field of family business.
Commentary by Marcelo De Rada Ocampo, Bolivia
My family’s business is an international insurance brokerage in Bolivia. After a decade of experience working for both U.S. and Bolivian insurance companies, my father started the business in 1995 and grew it to become the largest brokerage in Bolivia in terms of revenue, clients, and number of sales agents with presence in all cities in Bolivia. In 2009, he and two partners from Ecuador and Venezuela developed a strategic alliance that made them the third-largest MGA (managing general agent) in LATAM, partnering with ten different international insurers, managing hundreds of distributors, and operating twelve offices across seven different countries.
I am the oldest of three from my father’s second marriage. My half-sister is thirty-seven and lives in Florida, while my younger brother (twenty-five years old) is in San Diego, and my younger sister (twenty-two years old) lives in Miami. After studying in the U.S. and working at start-ups in San Francisco for two-and-a-half years, I returned to Bolivia to help my father in the family business. I worked as a sales operations manager, splitting my time between empowering sales agents with training and new digital tools, and the insurance partners negotiating new policy coverages, premium increases, and sales incentives. Now, while I am doing my MBA at INSEAD, I continue to support my father as an advisor, holding weekly to biweekly calls with him to discuss the strategic and operational challenges of the business.
The article is a good starting point in understanding why it is important to define who is considered part of the family in a family business. I agree with Prof. Gibb Dyer that having a clear definition is essential in helping the first generation build a fair process with regards to the ownership and ownership of the business. This can be critical when future generations start getting involved in the business and don’t have the same understanding of who is considered part of the family and its impact on the business. Even just as a second generation, I frequently found myself between my two parents in discussions about the fairness of financially supporting struggling family members in each of their extended families. There were efforts of providing employment to extended family members, which ended up creating more harm than good, probably caused by the lack of clarity regarding the roles of each family member in the family firm. From my experience without clarity about the rights and responsibilities of owners and managers, succession planning has been difficult to push forward. An owner must understand and allow the manager to operate the business successfully, while the manager must also provide the owner with enough transparency on the strategic alignment and execution of the business in order to put to best use the business assets.
The ebook for Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask is now available. Learn more at www.35questions.com. Print copies available February 8th, 2022.
To learn more, visit the Family Enterprise Legacy Institute and subscribe to our newsletter to stay up to date on how Telfer is shaping the conversation about the future of family enterprise.
References:
[i] Gibb Dyer, The Family Edge: How your biggest competitive advantage in business isn’t what you’ve been taught—It’s your family (Sanger: Familius, 2019), 15.
[ii] Jane Hilburt-Davis and William Gibb Dyer, Consulting to family businesses: Contracting, assessment, and implementation (San Francisco: Jossey-Bass/Pfeiffer, 2003).
[iii]Ivan Lansberg, Succeeding generations: Realizing the dream of families in business (Boston: Harvard Business School Press, 1999).
- Category: Latest News
The global economic recovery will rely disproportionately on the success family-owned enterprises achieve in managing next generation transitions. These organizations include 60% of the global workforce, account for two-thirds of the world’s businesses, and contribute 66% of worldwide GDP. Professors Peter Jaskiewicz and Sabine Rau of the Telfer School of Management address this next generation shift in a new book to be released at this week’s World Investment Forum in Geneva, Switzerland.
“Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask” details years of international research and practical experience into the unique challenges that confront family businesses. Solutions to these challenges must not only address transitional issues but also harness the talents of the next generation to overcome the devastating economic impacts of the pandemic on this sector.
“Without a sturdy, sustainable recovery among family businesses worldwide, there will be no global economic recovery at all,” says Professor Jaskiewicz. “Our work demonstrates that there is a path forward, with best practices, that will help steer businesses through inter-generational change and provide clear means for the next generation to manage successfully - as well as provide a needed boost to jobs and growth worldwide.”
The new book explores the most important questions family business owners and Next Gens need to answer to empower sustainable businesses that can innovate post-pandemic. The book consists of best practices, real-life examples, and additional critical questions for reflection from nearly 100 contributors from 27 different countries. These expert commentaries come from members of the world’s leading family businesses including Auchan (France), Saputo (Canada), and Sabra (Israel), as well as from various academic experts from business schools around the globe like Kellogg, IMD, and INSEAD.
“The next generation from family-owned business is eager and well equipped to take their family’s enterprises to the next level,” says Professor Rau. “Our book supports them in asking relevant questions, discussing answers and offering further food for thought.”
Professors Jaskiewicz and Rau will present the findings of their book at the United Nations Conference on Trade and Development (UNCTAD)’s World Investment Forum during a featured address that will serve as a backdrop to their book’s release. Through previews, the book has already been acknowledged as one of the most influential books on the subject by academic scholars, business owners, and the Family Business Network.
The United Nations is calling on the World Investment Forum for strong sustainable development recommendations to recover from the pandemic. The takeaways from the forum will be reviewed at the 76th United Nations General Assembly’s deliberations on global policy actions. Today, UNCTAD’s 7th World Investment Forum will explore how governments and business leaders can invest in sustainable recovery and address today’s main challenges facing the investment-development community around the world.
The book is available now for pre-order in North America (coming soon in Europe, Asia, Oceania and South Africa), and will be available as physical copies in early December. All book royalties will be donated towards supporting the next generation of students at the Telfer School of Management under the Telfer Nation Fund. This fund supports student activities and opportunities such as case competitions, internships, and student clubs that enrich the student experience outside of the classroom.
Testimonials for “Enabling Next Generation Legacies: 35 Questions That Next Generation Members in Enterprising Families Ask”
“When Sabine and Peter approached me about this book, the timing couldn’t be better. FBN was going to celebrate the 20th anniversary of its Next Gen community. Yet, this is much more than a book. It is a useful and practical guide, asking relevant questions and providing concrete tips on how to tackle difficult issues that Next Gens face daily.”
—Alexis du Roy de Blicquy, CEO of the Family Business Network (Switzerland)
"This very helpful book is a gift to next generation members of enterprising families. Each chapter is a gem and collectively, it is a must-read.”
—John Davis, Faculty Head, Family Enterprise Programs, MIT Sloan School of Management (United States)
Excerpt From the Book
“Why do many next generation members fail to succeed with the family business? A major reason for failure is not being accepted by long-standing managers and employees or by suppliers, banks or customers...without acceptance by important stakeholders, relevant resources will not be at hand, whether financial resources, information, knowledge or other. Earning acceptance is crucial...success depends on taking time to talk to as many employees, managers, customers, and suppliers as possible, listening carefully, not promising too much, and finally building alliances.”
- Category: Alumni in the Lead
Telfer alumni Kim Ades (MBA 1993) and Nichole Grenier (BCom 1990) discuss how job candidates can overcome this type of anxiety and instead use genuine, powerful strategies to create a positive impression during a job interview.
Kim Ades: Helping people tackle the fear of being evaluated in a job interview in three steps
Kim Ades, president and founder of Frame of Mind Coaching, received a BA from the University of Ottawa with major in psychology and then decided to pursue an MBA. She was always interested in understanding what triggers anxiety and stress:
“Some of us can experience anxiety when we are preparing for a job interview, an important presentation at work, or a big event in our lives, and expect a negative outcome,” she says.
As an executive coach for nearly two decades, she takes people through a three-step process to overcome the anxiety created by their fears of winning and losing. The first step is to describe what it looks like to experience failure. “I ask people to imagine the worst possible scenario; one where they experience disastrous failure,” says Kim. She then asks them to express their feelings in journal entries that they share with their coach, a task that job candidates often find very difficult.
The second step is not to ignore the difficult feelings that many candidates might experience when preparing for a job interview. Instead, they should face the possibility of failure head on: “I ask people to imagine that they might fail a job interview, and then imagine what it looks like to recover from that failure,” says Kim. Envisioning recovery helps candidates build resilience and strength to handle any negative evaluation they might receive in a job interview.
The final step is to envision complete success. Job candidates are encouraged to imagine what it looks like to step into the interview, successfully answer the interviewers’ questions, and walk away thinking: “That was the best interview I ever had.”
Nichole Grenier: Preparation is the best strategy to show yourself in the best light
Nichole Grenier, founder of Grenier Executive & Business Coaching, graduated from Telfer with a major in accounting. She became a certified accountant and after many years’ working in the field, she was asked why she kept focusing on people instead of numbers. Her passion to work with people led to a career shift to human resources and to her becoming a certified coach.
Nichole believes that when studying the impact of anxiety on interview performance, coaches, and researchers should not only look at personality, but also on how culture, gender, and age affect how individuals cope with the fear of being evaluated. “The interview setting is very stressful, and people can react very differently to this specific situation.” For Nichole, there are many ways for individuals to position themselves as suitable candidates for the job, but the key to success is preparation and practice. This includes mock interviews with family, friends, or a coach:
“Preparing well is what allows you to show yourself in the best light,” she says.
Nichole asks candidates to do some research on the organization and its work culture: “What is the culture and how will I fit in? For example, should I be prepared to dress for an office environment that is more formal or more relaxed?”
She also advises candidates to carefully examine the job description and identify the key competencies required for the job. This can indicate what the employer is looking for and guide the employee in showing that they are capable, competent, and have experience in performing that type of work. “Even if you don’t have a specific example to illustrate that you developed a competency, you can think about transferable skills you developed in a previous job.”
Kim and Nichole share tips to help job candidates impress the interviewer with honesty
Kim and Nichole also commented on a new study coauthored by Silvia Bonaccio, a full professor at the Telfer School of Management. The research suggests that some anxious job candidates are more likely to use deceptive strategies to impress the interviewer. Both alumni offered valuable recommendations to help all candidates make a positive—and honest—impression during a job interview:
Back up exuberant statements with tangible facts
Kim believes that extroverts who wish to impress the interviewer do not need to “turn down” their extraversion when describing their success. However, she advises them to support their accomplishments with tangible, supportable facts, such as “I increased the company’s revenues by 50% last year.”
Show your credibility and impact
Nichole advises candidates to be prepared to tell stories based on past performance. Ideally, for every story, candidates should also provide a reference who can back up their story and prove to the interviewer that they have credibility and are suitable candidates for the job. Another way to leave a great first impression with the interviewer is to tell your most impactful stories. “Maybe you recently optimized the process of an entire company with 1,000 employees.”
Curiosity and interest go a long away
For those candidates who rank low on extraversion, Kim thinks that there is nothing wrong with being an introvert. “As an introvert, I think that sometimes curiosity and interest trump being outgoing.” When job candidates show they are honestly interested in the organization and their work, “employers will be able to evaluate their readiness, and their fit for the role, as opposed to whether or not they rank high on extraversion,” she adds.
Be confident
Nichole reinforces that introverts should show confidence during the interview. Candidates should recognize their ability to collaborate with teams and be inclusive when referring to team accomplishments, but it is equally important to use I statements to show how they contributed to the team. “The interviewer will want to know what you did to promote teamwork, so you can say we (the team) went for a mountain bike trip but use I did this if you were the person who planted the idea of the trip.” Downplaying these contributions can be too risky, especially if candidates are applying for a leadership position.
Make sure your actions reflect your vision
Kim often asks candidates how they would like to be seen and if their actions correspond with that vision. “A lot of times people behave in ways that clash with their desired outcomes; it is important to help job candidates understand that the action of stretching the truth doesn’t necessarily lead to the outcome they are looking for.” Nichole agrees that if anyone believes that they should stretch the truth to land the ideal job, then they should consider coaching to develop skills to resist the temptation to use deception. “Being manipulative or cunning can be a great skill if you are applying for a job as a bank robber,” she jokes.
You are also in a position of evaluating
Kim advises candidates to run their own mental interview with the company based on what they learn during the recruitment process. Nichole believes that if they do their research well, they will be prepared to ask the right questions and understand if this organization is the right fit for them.
Are you looking for a job but experience interview anxiety? Prepare, practice, and overcome your fears of being evaluated during an interview.
Kim Ades, of Frame of Mind Coaching, developed a coaching methodology to help executives and entrepreneurs become more effective leaders. Learn more about Kim
Nichole Grenier, of Grenier Executive & Business Coaching, offers customized coaching to groups, teams, and individuals to unlock potential, remove barriers, and maximize performance. Learn more about Nichole
- Category: Innovation and Entrepreneurship
Originally published on LinkedIn on May 14, 2021
We are delighted to announce the release of the report, Entrepreneurship Policies through a Gender Lens by the Organization for Economic Development and Cooperation (OECD). This timely report contains a collection of 27 policy insight notes on long-running policy issues in women’s entrepreneurship support. OECD data and editorial insights reinforce the policy note findings. This report will be of interest to women entrepreneurs, policymakers, women’s enterprise advocates, and academics at a time when evidence-based sights are needed to drive post-pandemic recovery measures.
Background
This report is a collaboration between the OECD and the Global Women’s Entrepreneurship Policy Research Project (Global WEP), which is a network of established researchers from over 34 countries. The project was led by Jonathan Potter (Head of the Entrepreneurship Policy and Analysis Unit) of the OECD and Dr. Colette Henry, Chair of Global WEP - (Dundalk Institute of Technology, Ireland; Chair, Global WEP), Dr. Susan Coleman (University of Hartford, United States) and Dr. Barbara Orser (University of Ottawa, Canada). Excerpts from the Executive Summary follow.
What will you learn from this report?
Women’s enterprise issues have become even more relevant as the COVID-19 pandemic threatens to set women’s entrepreneurship back 20 years. The notes contained in this report cover a range of policy challenges – including in relation to formal and informal institutions, access to finance, access to skills and policy design – and policy instruments that can be used to address them. The notes underline core principles and good practices to follow in designing and implementing policies.
This report also offers an overview of the state of women’s entrepreneurship in OECD countries and beyond, using gender-disaggregated indicators on business creation, self-employment and barriers to business start-up, sustainability and growth. These indicators illustrate gender gaps in entrepreneurship, not only in activity rates but also in the proportion of entrepreneurs who create jobs for others. Persistent gender gaps call on public policy to continue to address gender inequalities in entrepreneurship.
Overall, this report provides an important source of new insights to assist policy makers and advocates seeking to strengthen holistic interventions in support of women’s entrepreneurship, and to encourage and facilitate peer learning across countries.
Report highlights
The policy insight notes in this report argue that mainstream entrepreneurship policies and programmes are not gender neutral. Explicit approaches are needed to address barriers to entrepreneurship that are experienced differentially by men and women, and to ensure that women have equal access to policy support aimed at entrepreneurs.
To an extent, this reality is recognised by the wide range of dedicated policy interventions for women’s entrepreneurship that have been put in place internationally across many contexts. The interventions address barriers in the areas of entrepreneurship culture, entrepreneurship skills, access to finance, entrepreneurship networks and ecosystems, and regulatory institutions, as well as approaches to designing and delivering policies to achieve gender equality. These approaches illustrate the dynamic nature of women’s entrepreneurship policy, as well as the gains that are being made as policy makers recognise the needs and contributions of women entrepreneurs.
However, women’s enterprise policy initiatives are often fragile – time-limited, small-scale, sparse, symptom-oriented – and not sufficiently underpinned by a genuine vision and framework for women’s entrepreneurship. To address these limitations, there is a need to increase awareness and knowledge about policies that engage and support women entrepreneurs within entrepreneurial ecosystems. Adherence to gender-blind entrepreneurship policies will be ineffective in achieving the benefits to be had from truly stimulating equal opportunities in entrepreneurship.
There are three main priorities for further policy development:
Overarching policy frameworks for women’s entrepreneurship need to be introduced
In some countries, policy frameworks for women’s entrepreneurship are well-developed and women’s entrepreneurship programmes work effectively towards the global objectives and priorities set out in these frameworks. However, in other countries, women’s entrepreneurship policies are incomplete or ineffective, often because the programmes are not consistent with global policy objectives. Governments should do more to strengthen policy frameworks for women’s entrepreneurship. They also need to dedicate greater resources to ensure that programmes are informed by frameworks and are sustainable in the long-term.
Women’s entrepreneurship policy interventions must reflect context
Governments need to ensure that policy interventions are appropriate for the institutional, cultural and social contexts. The policy insight notes describe vastly different contexts, ranging from developed economies where gender inequalities persist but are relatively subtle to developing economies with strong patriarchal systems. Women’s entrepreneurship policy can be effective in any context, but the objectives, instruments and delivery mechanisms must be selected accordingly.
More evaluation evidence is needed as a foundation for scaling policy initiatives
A wide variety of policy instruments and delivery approaches have been put in place in many countries. A key challenge is to assess the effectiveness of these approaches in different situations and different combinations and to scale and transfer the most effective approaches. More evidence is needed on the effectiveness of women’s entrepreneurship supports in different contexts. This includes, for example, the impacts of measures for training and mentoring, financing, and the role of measures that influence underlying institutional conditions. Information is also needed on the extent to which measures need to be applied as packages. The lack of evaluation evidence represents a lost opportunity to learn from high impact policy interventions and may lend to the vulnerability of women’s enterprise programme funding.
Download the Entrepreneurship Policies through a Gender Lens report
- Category: Health Systems Management
Written by Mirou Jaana, professor and director of the Masters in Health Administration program at Telfer School of Management, University of Ottawa. This article was originally published on Policy Options on May 5, 2021.
It is impossible to imagine our world today without internet, digital transactions, video conferencing or exchanges with family and colleagues via a computer or mobile device. Yet, we still live with the idea of our health care system lacking seamless electronic information exchange between health care organizations, providers and patients. Although some progress has been made on this front, this is a reality that persists to varying degrees today.
It has been a journey of a thousand miles. Health care has been closely accompanying the journey of digital connectivity but has kept shy from fully riding the wave. The reasons may vary depending on the perspectives of different stakeholders, but one constant stands: it is difficult to fully assess and understand the state of digital connectivity in our health care system today.
If we think of the health care system as a spider web, we can find parts of this web that are well constructed and connected, whereas other sections are still missing essential threads. In Canada, there are significant variations between and within provinces and territories in digital health connectivity and the inherently complex nature of the health care system further complicates the situation. This complexity is manifested by a dual provincial/territorial and federal jurisdiction with well institutionalized policies, funding and reimbursement structures; a digital divide across more than one dimension – rural vs. urban, older vs. younger generation, diverse social conditions; and a perplexing fragmentation of health services.
Following the early national IT efforts in Canada in late 1990’s, Canada Health Infoway (CHI), an independent not-for-profit organization funded by the federal government, was established in 2001 with a mandate to lead the national IT efforts. This included the development of an interoperable electronic health record for all Canadians. Since its inception, CHI received $2.45 billion in federal funding and played an active and important role as a strategic investor in health IT projects across provinces and territories, which contributed to improved digital connectivity. These investments evolved over time and expanded in scope from infrastructure-related projects to projects focusing on digital tools used by clinicians, as well as applications allowing patients themselves to collect, retrieve, and manage their health-related data.
We have come a long way as a society on the digital connectivity front in general. According to Statistics Canada, 88 per cent of Canadians and 60 per cent of those 65 years and over have a smartphone. Most Canadians (91 per cent) use the Internet and 75 per cent also use social networking websites and apps.
A recent study showed that around 40 per cent of Canadians track one or more aspect of their health using connected care technologies. This attests to the growing demand for digital connectivity in health care. In turn, health care organizations have been increasingly implementing new systems and technologies at the point of care that support digital connectivity. Around 85 per cent of medical practices are using electronic medical records (EMRs), and hospitals have accelerated the implementation of comprehensive EMRs that replace existing non-integrated systems. For instance, The Ottawa Hospital, in partnership with five other organizations in the Ottawa region, opted for the same EMR system, which will enable timely information sharing, and better connectivity and integration of care.
According to CHI, telehealth use has also grown over time reaching 1.5 million consultations a year, yet this still represents a relatively small portion of the overall health services. Since 2019, two initiatives emerged that aim at improving connectivity in relation to e-prescribing and supporting patients’ access to their health information through patient portals. These initiatives however remain in their early stages, with considerable variation in deployment between and within provinces.
Despite the progress made, considerable challenges and gaps persist. At the patient level, access to health information is limited. Unless receiving care from the same organization, or an integrated system or network of health care providers, a patient navigating the health care system often finds the onus is on them to communicate all relevant information related to their medical history, profile, and medications at each point of care. This is particularly challenging in the case of the elderly with chronic conditions who frequently interact with and move through the health care system.
A recent study on mobile health technology use among people 65 years and older compared to the general adult population reveals that the majority of Canadians using mobile applications and wearables, like smart watches and wristbands for health self-tracking, do not share the data with their health care providers. Enrollment in telehomecare programs for chronic conditions management also remains limited despite the wealth of research evidence demonstrating its effectiveness in reducing hospitalizations and mortality rates, and improving the clinical condition of patients. The success in the integration of pilot telehomecare programs in the standard care, similar to one at the University of Ottawa Heart Institute, is minimal.
According to the Canadian Medical Association, limited system interoperability and information integration across the spectrum of care persist. EMRs implementation progressed, but only a small proportion of Canadian medical practices support electronic communication with patients. For example, few medical practices provide electronic appointment requests or prescription refills. Communication of information between general practitioners and specialists, or hospitals and nursing homes, and the sharing of clinical summaries or test results is limited and inconsistent.
In addition, hospitals within the same city that may transfer or refer patients to one another may have EMRs systems that cannot communicate. Most importantly, digital connectivity in the context of long-term and senior care is minimal. The recent COVID-19 pandemic brought to light the dire challenges observed in these settings in relation to connecting the elderly to family, caregivers, and health care providers. It also highlighted existing issues in capturing and sharing timely relevant clinical information with other health care organizations.
The obvious question is where do we go from here? At this stage, regrouping and understanding our current state is instrumental in shaping the decisions that we make regarding the future state of digital connectivity in health care.
A wealth of experience and evidence from over 20 years of health IT projects across all provinces is available. It is our responsibility to leverage this knowledge to inform policy and practical changes, and to apply evidence-based management principles as we plan for the next steps. Federal leadership is critical to endorse a strategic planning exercise at the national level and enable the necessary policy and regulation changes to support it. The Canadian government can play an important role in advancing the digital health agenda through incentives and policies that can catalyze national changes to address the digital divide and current gaps.
In times of crises, we discover our limitations as well as our capabilities. The current pandemic demonstrated that the health care system can be agile and can adapt fast when needed. In response to COVID-19, health care delivery changed overnight in Canada. We broke the inertia and shifted to various forms of virtual care throughout the country that were considered unrealizable prior to the pandemic. Provincial health authorities implemented fee schedule codes to cover virtual health services in a timely response. It was a call for action and the health care system and health authorities responded. However, this crisis also revealed our health care system’s “Achilles heel” – long-term and senior community care, which would greatly benefit from digital connectivity.
It is time for health care to fully ride the digital connectivity wave. A pan-Canadian reform that formally integrates virtual care and connectivity in the discussion on the future of health care is merited. This is a journey of a thousand miles in health care, but we have already started it.
This article is part of the Digital Connectivity in the COVID Era and Beyond special feature.
This article first appeared on Policy Options and is republished here under a Creative Commons license.
- Category: Innovation and Entrepreneurship
A new Telfer study, conducted in collaboration with Public Services and Procurement Canada, identifies action strategies to increase federal SME supplier diversity and inclusive innovation. Showcased at the Chatham House International Policy Forum in the UK, the report provides important benchmarks about the progress of women entrepreneurs in Canada, and sets a standard of reporting in examining gender of firm ownership, breadth and types of innovation and federal SME contracting.
The empirical report and action strategies will be of interest to policymakers, small business and innovation organizations, advocates, industry associations, and corporations that support supplier diversity. The research, for example, helped to inform a key Chatham House conference resolution, one that the W20 adopt entrepreneurship, procurement, and trade as one of its three policy priorities.
Telfer report recommendations include:
- Adopting sector-specific strategies to help achieve the Government of Canada's commitment to increase the participation of women business owners from 10 percent to 15 percent in federal contracting. Sector-specific strategies follow from the Telfer finding that gender differences in the likelihood of SMEs being federal contractors varied significantly by industry sector.
- Improving SME procurement data and analytics, including large samples and detailed analyses to move beyond anecdotal evidence and to increase SME contracting opportunities.
- Developing gender-sensitive procurement training in collaboration with industry organizations, such as Canadian Aboriginal and Minority Supplier Council (CAMSC), WBE Canada, WEConnect International Canada, Women’s Enterprise Organizations of Canada (WEOC), among others.
View the 'Action Strategies to Increase the Diversity of SME Suppliers to The Goverment of Canada` report.
View the full 'Benchmarking SME Suppliers to The Government of Canada' English report.
View Related Telfer Publications and Initiatives.
- Category: Business Analytics and Performance
Big-data analytics investments don’t necessarily mean big impact. Two of our researchers from Telfer are exploring how to get more value from big data.
Telfer Professors Ajax Persaud and Sandra Schillo want to know if small and medium-sized enterprises (SMES) are ready to take advantage of the deluge of data at their disposal, in new research funded by the Social Sciences and Humanities Research Council (SSHRC).
Mastery of big-data insights was supposed to enable SMEs to punch above their weight. By acquiring the right deep data and analytical skills, SMEs will be well in their way to making better decisions in the new digital landscape. That at least, was the chant small-business leaders were hearing for years. But with more than half of big data projects failing to achieve their objectives, what are Canadian SMEs to do?
“A lot SMEs are proceeding with caution on big-data analytics (BDA), and you can hardly blame them,” professor Schillo contends. The path to achieving value from BDA initiatives is far from clear. “It’s a big concern right now because Canada needs these organizations to stay current on BDA in order to remain globally competitive.”
Professor Persaud observes that “BDA is fast becoming a major focus for corporate executives with the main concern being how to extract maximum value from big data. It will transform corporate governance and decision-making” The transformation is so rapid that Canada’s Big Data Consortium has predicted a massive shortage of employees with the right mix of big data skills. “In a few short years, the ability to store, capture, process, analyze this information became of strategic importance to firms,” explained Persaud. “Every firm today wonders, how can I use it to my advantage?”
But he adds that BDA is still a gamble for most small businesses, even for companies with an appetite to chase big-data insights and resources to put behind the effort. “Capturing and mining the data does not automatically lead to value or better decisions – the right people with the right skills are needed to generate valuable insights and management needs to act strategically to harness the value of the insights.”
With their research, the Telfer researchers will use quantitative and qualitative methods to gauge the readiness of SMEs to leverage big data. Where most of the research in this area focuses on the technologies of big data, professors Persaud and Schillo are interested in BDA management processes, strategies and resources. Along the way, they’ll also contribute towards the development of frameworks, scales and indicators which, again, would illuminate the managerial aspect of big data. They expect to generate practical insights for Canadian SMEs, the academic management field, and the entrepreneurship public-policy community.
The researchers say that, as with any initiative designed to prepare SMEs to exploit big data for competitive advantage, their study will venture into uncertain terrain. But this much appears certain: given SMEs role in the economy, and considering the promise of big data, now is the time to help them unlock the value of big data. “One side, there’s a lot of euphoria about how SMEs might benefit from BDA, and on the other, there are those who say that only a wait-and-see approach will avoid business losses,” says professor Schillo. “But neither extreme is probably very realistic,” professor Persaud adds. “Our hope with this research is to make it a lot more realistic.”
- Category: Rising Stars
“From the staff to the exchange opportunities, the experience has been great. Take it from a student who has graduated twice from the School and just keeps coming back! I’ve really enjoyed my time here,” said Nicolas Legendre, a PhD candidate in Management with a field of study in Finance. Nicolas has shown true commitment to the Telfer family over the past 7 years, completing a Bachelor of Commerce with an option in Finance, a Master of Science in Management with an option in Finance and now a year into his PhD. He continued, “I wanted to continue my studies here because of all the great people I’ve met at Telfer and in other faculties at the University of Ottawa.”
Looking back on his experience as a Teaching Assistant for different statistics courses, completing his MSc, and now working on his PhD, Nicolas noted, “As PhD students, the relationship with faculty changes, becoming more collegial. With professors for example, the relationship is less student-teacher and more of a co-worker kind of relationship, where both parties bounce ideas off each other and learn from one another.”
Through hard work and dedication, Nicolas was the winner of the prestigious Joseph-Armand Bombardier CGS Doctoral Scholarship. He said, “As a recipient of the Joseph-Armand Bombardier CGS Doctoral Scholarship, I was able to apply for the Michael Smith Foreign Study Supplement, which I was pleased to be granted. Through this scholarship, I am currently in Newcastle upon Tyne, UK, investigating their loan guarantee program with Professor Jonathan Scott at Northumbria University. This gave me the opportunity to not only study abroad, but to research a topic that matters to me: as my PhD thesis investigates the Canadian loan guarantee program, this research period abroad is directly related to my PhD thesis. I’ve also had the opportunity to spend weekends traveling around Newcastle, visiting monuments such as Alnwick Castle from the Harry Potter films, and slowly learning the culture here in the Northeast of England. It has been quite the experience so far!”
Nicolas is also the recipient of the Lilian and Swee Chua Goh Doctoral Scholarship. Lilian and Swee Chua Goh will be recognized as Donors of the Year at the Telfer Gala of Excellence on October 21 2017.
Connect with Nicolas Legendre here: www.linkedin.com/in/legendrenicolas
Also – you can follow Telfer’s LinkedIn activities here!
- Category: Health Systems Management
A first-of-its-kind Canada-wide survey of seniors’ health technology-related behavior.
Project title
IT Innovation and the Elderly: Technology Acceptance and Use in the Community
Researcher
Mirou Jaana, Telfer School
Grant supporting this research
SSHRC Insight
Period
2017-2020
Professor Mirou Jaana has launched a new study, funded by the Social Sciences and Humanities Research Council (SSHRC), which will provide national data on seniors’ attitudes and behaviors towards health information technology solutions.
Telemonitoring (aka telehomecare) technologies have been around for decades, but little is known empirically about the factors that lead to the acceptance and use of these solutions by seniors. Professor Mirou Jaana says having a better understanding of these factors would assist healthcare providers and policy-makers to develop guidelines that support the integration and optimal use of these solutions for the greatest benefit of patients.
In the first part of her study, she and her colleagues are conducting a Canada-wide survey of seniors that assesses their technology-related attitudes and behaviors. The survey will consider a variety of general e-health applications, as well as specific home-based technologies, that have gained increased attention in recent years, such as smart watches. In the second part of the study, professor Jaana and her team will investigate the factors that affect the acceptance and use of telemonitoring technologies by seniors.
While the features and convenience of these technologies continue to evolve, their basic telemonitoring functions actually haven’t changed all that much, says professor Jaana. “Their essential purpose is to connect a healthcare provider or case manager to a patient who lives in the community (e.g., at home or in a retirement home), and requires close attention and monitoring.” As an example, a patient being monitored for a heart failure condition may use telemonitoring to transmit information such as a change in her or his weight. The nurse could potentially consult with the patient’s physician, and adjust his/her medications accordingly. This early detection of deterioration in a patient’s condition presents important benefits by preventing risky complications and avoiding unnecessary time-consuming hospital visits. This is especially relevant in the case of elderly patients.
Professor Jaana’s new study, focusing on technology acceptance factors, will build on the findings of her previous research which revealed that telemonitoring had significant positive impacts on senior patients’ self-care skills and it benefited them in relation to their chronic disease management. “By focusing on acceptance factors related to these technologies, our research is uncovering potential barriers/facilitators that may enable more effective use of telemonitoring among senior patients with unstable conditions.’’ Identifying in their health status, which they often would not notice on their own, supports timely intervention before complications arise requiring a hospital visit.
“The field of telemonitoring is maturing, but what’s still missing is the empirical insight into how these technologies should be incorporated as part of care guidelines,” professor Jaana contends. “With the continuously growing population of elderly living in the community, it is our responsibility to understand their needs, and leverage existing tools and technologies, like telehomecare applications, to support them in the community.”
- Category: Latest News
When it comes to sustainable development, small and medium-sized enterprises innovate in many subtle ways, says Martine Spence. (Photo: Andrea Campbell / University of Ottawa)
Be it for food, fashion or services, today’s consumers are leaning more and more toward products that are organic, locally produced, reusable and responsibly sourced. Sustainable development is no longer an abstract concept; it has infiltrated every area of daily life.
Is this just another fad or a genuine awakening? In any case, companies can’t ignore it, notes Martine Spence, a professor of marketing and entrepreneurship at the University of Ottawa’s Telfer School of Management.
For the past 10 years, Spence has studied the structure and analyzed the social engagement and sustainable-development practices of small and medium-sized entreprises (SMEs). “These companies contribute heavily to national economies, and they create the majority of jobs out there, so their impact on the environment and on society in general is significant,” she explains. “I grew up in the south of France, where there were many small entrepreneurs. When I studied business, large corporations seemed too abstract to me, and too political. But SMEs are led by individuals who have a true passion for their craft, and that’s always intrigued me.”
So how do SMEs implement sustainable-development practices? What prompts them to do so, and what obstacles must they overcome? Martine Spence examines their behaviour on three fronts: respect for the environment, respect for individuals and respect for the community.
“We observed that the level of involvement depends on the entrepreneur’s own conviction. Those who lend importance to these issues in their private lives are the ones who take their business’s social and environmental responsibility to the highest level,” she says.
In fact, SMEs readily adopt green practices, from shutting down computers at night and installing energy-saving thermostats to choosing active transportation and opting for energy-efficient technologies. “SMEs are particularly innovative and flexible; they don’t have shareholders and can quickly adjust their strategy,” says Spence.
She points out that investing doesn’t frighten them either, and that when SMEs buy in, they innovate a lot because they know it will lead to a good return. She adds that for most of these entrepreneurs, making money isn’t the primary goal; it’s more a question of being part of the community and of pursuing their passion.
What is the situation in other countries? Are the same challenges at play? As a member of the Observatoire international du développement durable en PME (Université de Montpellier) in France, Spence also studies the internationalization of SMEs, and she recently compared those in Canada, in Cameroon and in Tunisia. She found that “sustainable development isn’t yet ingrained in the mindset of the South, even if some Tunisian entrepreneurs see in it an opportunity, as it can help them do business with European nations.”
That said, SMEs are nonetheless engaged in their communities, remarks Spence, with some donating a sheep to the community at Eid, for instance, because social engagement is an intrinsic part of their lives, mostly driven by religion.
In the era of globalization, Spence’s findings show that the widespread adoption of sustainable development will be achieved only if sociocultural contexts are considered, and that inspiration for that ideal can come from everywhere—from the North and the South.
by Marine Corniou
- Category: Latest News
Women have been making steady gains in the traditionally male-dominated health care field. They make up over 50% of medical school students across Canada and over 80% of the health care workforce. Yet gender disparities remain. Women lead fewer than 20% of hospitals, and hold relatively few leadership positions overall.
On June 12, efforts to shatter the glass ceiling and empower women leaders in the health care sector received a major thumbs up. The Canadian College of Health Leaders and the Canadian Health Leadership Network, working with University of Ottawa Telfer School of Management professors Ivy Lynn Bourgeault and Barbara Orser, the Canadian Foundation for Healthcare Improvements and the Centre for Research and Education on Women and Work, received $400,000 to advance gender equality in health care, health sciences and indigenous health. The funding was awarded by Status of Women Minister Maryam Monsef as part of the Canada 150 project grants.
The team’s project, Empowering Women Leaders in Health (eWoLIH), aims to transform the health care, health sciences and indigenous health system by increasing participation, visibility and advancement of women in leadership positions. “Our goal is to build a strong and supportive community of established and emerging women leaders, helping them transform the health care system by drawing on women’s unique leadership skills, experiences and contributions,” says Bourgeault, the project lead. “This network will support community outreach initiatives, build partnerships and work to bring down the systemic barriers that contribute to gender inequity in health care, health sciences and indigenous health.”
The project, which will begin in Ottawa, Toronto and London, will first identify the unique systemic barriers limiting women’s participation in leadership roles. Working with partners, the team will develop and put in practice a set of action tools and resources and promote measures to remove these barriers.
By the end of the project, the team plans to have implemented these activities and evaluated their effectiveness. “Women’s leadership in health sciences is critical to advance research on issues specific to women, encourage female scientists and generate new knowledge to improve health and health care. It will also help shape the next generation of health workers and the leaders of tomorrow,” adds Bourgeault.
- Category: Latest News
Apply today to participate in a 10-minute Thesis Competition organized by the Sprott School of Business, the Telfer School of Management, and the Université de Québec en Outaouais’s Département des sciences administratives! On September 29 at Sprott, you’ll have the opportunity to square off against your business-school peers for $6,000 in cash prizes.
To apply, write a one-page submission with your supervisor. Three submissions will be chosen by each institution to advance to the 10-minute Thesis Competition on September 29.
If your proposal does not make the shortlist, you are invited to use it to contribute to a poster session to be held just prior to the thesis competition.
Why a 10-minute Thesis Competition?
By this point in your academic career, you’re probably well acquainted with the traditional academic presentation structure: research problem, theoretical framework, methodology, results, and conclusions – in that order. That you would want to adhere to that structure for most presentations doesn’t surprise us. We get it. It’s a big part of your academic training.
But there’s another important skill for young researchers to have: communicating the impact and significance of their work right up front, and in plain language. So with the Telfer-Sprott-UQO 10-minute Thesis Competition, we’re asking presenters to abandon the traditional academic presentation structure. Instead, find an alternative way to present your project in a way that a lay person would understand. Explain what’s innovative about your project and the potential impact of the research. Tell a story. Look for creative ways to explain how and why your research matters.
Rules
Eligible students/programs
- PhD in Management - Sprott School
- Doctorat en administration, D.B.A. - gestion de projet, UQO
- Information Systems (IS) / Information Technology Management (ITM) students active in the Doctorat en sciences et technologies de l'information, UQO
- PhD in Management - Telfer School of Management
- PhD in Electronic Business Technologies, or EBT - Telfer School
- M.Sc. in Management, M.Sc. in Health Systems, M.Sc. in EBT - Telfer School
Students who presented at the May 2016 Telfer-Sprott-UQO forum are also eligible, provided they apply with a new submission/proposal.
How to apply
Prepare a one-page submission with your supervisor. Include the content that would typically be included in an academic-type presentation, but in a different format – one that highlights what’s innovative about your project and its potential impact. We’re looking for creative ways of explaining how and why the research matters.
Thesis competition - highlights
- Each institution will select 3 students for the presentation competition.
- Each presentation should be no more than 10 minutes in length.
- Presenters will be evaluated on their ability to convey the significance of their research with clarity and impact
- $6,000 in cash prizes will be awarded. 1st prize – $3,000; 2nd prize – $2,000$; 3rd prize – $1,000
Key dates
July 31 - Student submit their notice of intent to participate
August 18 - Due date for one-page submissions, jointly prepared by the student and his/her supervisor
Early September – Telfer School, Sprott School and UQO have each chosen their three presenters
September 29 – 10-minute Thesis Competition and poster session at the Sprott School of Business
- Category: Latest News
Professor Samir Saadi will represent the Telfer School on a team of top researchers examining merger-and-acquisition (M&A) practices at a Joint Israeli-Canadian Research Workshop. Interdisciplinary and inter-university, this workshop will focus on the necessary elements for the success of M&As in Canada and Israel at a moment when both nations are looking to derive more value from these and other forms of corporate reorganization. It will be funded by the Halbert Centre for Canadian Studies at the Hebrew University of Jerusalem.
Professor Saadi, an Associate Professor of Finance, brings a background in research on M&A activities in the high-tech industry and on the role of CEO power on M&As. With this project, his expertise will contribute to a better understanding of the potential barriers to successful transactions within the Canadian and Israeli contexts. This initiative comes at a time when firms from both countries frequently find themselves as targets, and therefore, improving the outcomes associated with these deals has consequences for business productivity, for employees, and for the potential adoption of new technologies or expertise
- Category: Latest News
On March 13th, Professor Greg Richards spoke at the conference, “Smart cities: Imagining the future National Capital Region,” held at Library and Archives Canada (LAC). Key figures from the academic, public and private sectors exchanged their views on the future of the National Capital Region at this unique event organized by LAC in collaboration with the University of Ottawa and Ottawa 2017, and in partnership with Invest Ottawa and the City of Gatineau.
Professor Richards took part in the opening panel discussion on the smart economy (“Innovation, Social Entrepreneurship, and Citizens’ Participation”). He commented that the National Capital Region, with its strong concentration of knowledge workers, high level of urbanization, and robust technology sector, was well-positioned to develop as a smart city and seize new opportunities to make life better for its citizens. Richards was joined on this panel by John Smit, Manager, Policy Development and Urban Design at the City of Ottawa; Martin Lajeunesse, City Councillor with the City of Gatineau; and Eme Onohua, Vice-President of Global Government Affairs, Xerox Canada.
- Category: Latest News
Ottawa stands poised to develop into an important player in healthcare innovation. And it can get closer to the goal by connecting the region’s clinical innovators to business acumen, and thereby drive better patient care.
That message was a key theme highlighted by Wojtek Michalowski, Vice-Dean of Research and professor of health informatics at the Telfer School of Management, in his presentation at the “I3” – Industry, Issues and Insights – lunchtime event at the Château Laurier on February 7.
Organized by the Ottawa Chamber of Commerce and the Ottawa Business Journal with support from the Telfer School, the event featured a keynote presentation by Ontario chief health innovation strategist William Charnetski, who spoke about efforts by his office to champion the province as a leading centre for new and innovative health technology.
Professor Michalowski took the podium first, and commented that with its large talent pool in healthcare, abundant resources and strong high-tech ecosystem, Ottawa has strong potential to become a national leader in healthcare innovation, provided that other elements are also in place.
One of those elements, he said, is the need for an intrapraneurial mindset. “Innovation in healthcare is like a start-up that is being developed inside the organization or the system. Thus, people who lead it must have knowledge about intrapreneurship, or how to be an entrepreneur on the inside. This means knowing what are the forces that will drive innovation, what are the forces that will kill it, what kind of skills does it require, what are the best practices and processes to follow.”
Another important element, Michalowski said, is greater coordination among healthcare practitioners and health systems researchers. He gave as an example the Telfer Health Transformation Exchange (THTEX), a meeting point for dialogue and learning for healthcare innovators and management and engineering faculties.
“I really believe that Ottawa is in a unique position, with the right size in terms of human capital and scope and a really innovative and talented workforce. There is a lot of enthusiasm on the part of multiple players to innovate, but there is not always coordination, and our hope with the THTEX is to contribute to that coordination.”
An interview with Michalowski following the event was live streamed on the Chamber of Commerce’s Facebook page. You can watch the interview here: https://www.facebook.com/ottawachamberofcommerce/
- Category: Latest News
by Gregory Richards
In 1990, the three biggest companies in the US employed 1.2 million employees to generate a combined revenue of $250 million. In 2014, the 3 biggest companies in the US generated revenues of $247 billion with 137,000 employees[1]. These 3 companies, all from Silicon Valley in San Francisco, generate approximately the same amount of revenue as the 1990 companies with 1,163,000 fewer employees. In case you hadn’t already guessed, the three biggest companies in 1990 were all in automotive manufacturing. While manufacturing will always be a significant part of the economy for both Canada and the US, with more technology being used to enhance human production, the types of skills needed by organizations will shift significantly in the future. Which jobs will grow and which will shrink? More importantly, what are educational institutions doing to prepare managers for the workplace of the future?
The World Economic Forum 2015 global survey of 371 Chief Human Resource Officers concluded that jobs in the following categories are likely to grow:
- management
- finance
- computers
- mathematics
- engineering
- architecture
- sales
- education and training.
By contrast, jobs in manufacturing, construction, extraction, administration, entertainment, and legal services are likely to shrink. Many of the jobs that are likely to grow, however, will still need to be rethought. This rethinking must consider the rapid growth of artificial intelligence and machine learning. Artificial intelligence algorithms for example, can process financial analysis faster and more accurately than most humans. Software advances for computer-aided design allow for virtual experimentation and simulation, thus reducing the time and effort needed for the design.
The good news is that this theme of technology substituting human labour is not new; therefore we should be able to anticipate the managerial skills needed in the future. For example, throughout history, new technologies have driven changes in the supply of labour. As Carl Frey and Michael Osborne[2] point out, deskilling was in fact the outcome of early inventions such as the assembly line and interchangeable parts. In other words, a production task that used be done by one craftsman could be done faster and more effectively by many workers each doing a small part of the job of the craftsman. Job specialization therefore required more workers with lower levels of skills.
The introduction of electricity, however, reversed the deskilling trend. Electricity permitted automation of some operations. Instead of many lower-skilled workers, fewer more highly-skilled workers were needed to ensure that the new machines did what they were supposed to do. This trend has continued with the growth of the digital economy. In fact, many see digitization as the “new electricity” because it is a general purpose asset that can be applied to many different types of tasks in an organization.
What happens to displaced workers? Well, in the past they would re-skill to fit into the new world of work. The same is happening now. But in addition, new jobs were created as technological shifts led to the creation of completely new businesses. Consider that companies such as Facebook, Google, Apple and Microsoft, were not possible before the computer age and the introduction of the Internet. With ongoing digitization, a similar process will occur: reskilling of labour and the growth of previously impossible new businesses.
The challenge for educational institutions is to anticipate and start to build skills now that will be needed in the future. MBA programs in particular, need to continually adjust courses to prepare managers for the digitized workplace of the future. What do these new managerial skills look like?
Consider leading the digital organization. What should a manager know about the use of data, machine learning and artificial intelligence? How should planning processes change to embrace a rapidly changing economy? How should a manager interact with employees who have “grown up digital”? What does the level of connectivity brought about by smartphones and social media channels mean for communication in organizations? What new opportunities for entrepreneurship exist given the mass connectivity of people and machines? While the basic functions of management (planning, leading, organizing) won’t change much in a digital world, the questions mentioned above suggest that the way in which many of the functions are carried out could change dramatically. The Telfer MBA program is aware of these changes and is continually adjusted to reflect this new world of work.
Telfer MBA Program
The Telfer MBA program is designed to connect you to course content that matters to employers in today’s competitive work environments. You can also personalize your learning to explore topics that matter uniquely to you. In addition, we share with you the close connections we’ve forged with the business community to help you build the networks you need to grow your career. Our out-of-class experiences hone the skills you’ve learned in class while creating lasting relationships with colleagues on whom you can count.
- Category: Latest News
Professor Ivy Lynn Bourgeault of the Telfer School of Management, holder of the CIHR Chair in Gender, Work and Health Human Resources, has won the 2016-2017 Award for Excellence in Research from the Association of Professors of the University of Ottawa (APUO).
Policy-relevant and impactful research
Her research fosters a better understanding of the sociology of health professions. Her work has a particular focus on the impact of gender on work and the types of tasks assigned to different health professionals. Related to this, she also examines the need to modernize healthcare “scopes of practice” to support new models of care.
She studies the mobility of healthcare workers and the issue of regional workforce planning. Her studies in this area provide insight into the migration of health professionals to and from different countries, including Canada.
She also established a strong reputation for her research on women's health services. Her studies have delved into the healthcare provided to women in rural and remote locations; regional differences in maternity care systems; and the role of midwifery in the provision of primary maternity care.
Professor Bourgeault is an internationally recognized leader and champion in these areas and particularly in health human resources. Her innovative studies put Canada at the forefront of this relatively new field that has developed rapidly in response to critical health workforce challenges.
Leadership in health policy research
Professor Bourgeault has had considerable success working at the research – policy – practice interface. She has been a consultant to various provincial Ministries of Health, Health Canada, the Pan American Health Organization and the World Health Organization. She also brings exemplary leadership to influential communities of practice such as the Ontario Health Human Resource Research Network and the Pan Canadian Health Human Resources Network.
Professor Bourgeault is a sought-after mentor and educator. She has supervised a large number of graduate and postdoctoral students and also mentored a number of younger colleagues, demonstrating a strong commitment to creating the next generation of academic health policy and health systems leaders.
- Category: Telfer Announcements
Samia Chreim has been named the Ian Telfer Professor in Health Organization Studies. Her research provides new insights into the dynamics of organizational change, integration across organizations, and collaboration among professionals. Professor Chreim recently sat down to discuss the evolution of healthcare organizations and noted that transformation will increasingly require coalitions of professionals, with complementary skills and resources.
What sets healthcare organizations apart from other types of organizations?
SC: The healthcare system is currently under a lot of pressure to perform better. Healthcare professionals are frequently asked to adjust or modify the way they work in order to provide better care to patients. But healthcare professionals need to meet different professional goals; they have different roles, cultures and interests. Conflicts are inevitable.
Suppose a health authority grants one group responsibility for a particular procedure, and it was previously the sole responsibility of another group. Any side that perceives a loss of autonomy or authority is likely to strongly resist the change.
But other kinds of changes may encounter opposition simply because they disrupt the normal and accepted way of performing a given task. Take the example of incident reporting for patient safety. If the primary care unit in a hospital has implemented an effective incident reporting system, the hospital might wish to have another unit, for example the mental-health team, adopt that system. However, differences in the culture and professional practices may be incompatible with the new reporting system and prevent its adoption by the mental-health team.
What can managers do to ensure that the required change can be implemented?
SC: One of my studies concerned a collaboration across healthcare organizations in a primary care context. The study showed that to be successful in implementing the change, managers needed to build a winning coalition of professionals and staff who have complementary skills and resources. But to build such a coalition, time needs to be invested in finding common ground across professionals and staff, in putting together trust between professionals and staff involved, and in building the credibility of the change process.
Therefore, there needs to be somebody whose job is to manage the change process. That approach is ultimately going to bring more success than asking busy healthcare practitioners to take on additional change-management tasks. When you don’t have a person that owns and manages the change process, you are likely to see a dilution of change focus and a loss of momentum.
What type of management style or approach should be encouraged, given the need for professionals and staff to coalesce around significant change?
SC: The research provides evidence about the benefits of having a small number of individuals (e.g., managers, professionals) with complementary competencies and resources in bringing important organizational changes to fruition. But this approach might create a lack of clarity. There might be ambiguity about who is responsible for what, which can lead to duplication of efforts or to one or more tasks falling through the cracks. I have also studied situations in which intractable conflicts developed among the members of a management group, and the teams working under them deteriorated as a result.
The risks of these scenarios are at the heart of a big debate about how leadership should be organized. In particular, when and how to share or distribute leadership. Shared leadership happens at different levels, for example, within teams, organizations, and inter-organizational collaborations. Change-management processes, such as the need for integration between healthcare teams, sometimes point to the need for shared leadership. On the other hand, for the reasons I mentioned, shared leadership isn’t necessarily a panacea. Without doubt, understanding when and how leadership can be shared, and what type of collective leadership is appropriate in different change-management settings, will continue to be a hot topic for any healthcare organization for the foreseeable future.
- Category: Appointments and Honours
Congratulations to professors Craig Kuziemsky, Morad Benyoucef and Pavel Andreev who have been shortlisted for the American Medical Informatics Association’s “distinguished paper award” at its annual conference in Chicago, November 12-16. Their paper contributes to a deeper understanding of the connectivity challenges involved in the design of social information systems in healthcare. This is the second time in three years that a Telfer School paper made the list of 10 top papers at AMIA, chosen from among 400 papers presented.
From the article: “Social information systems (SISs) will play a key role in healthcare systems’ transformation into collaborative patient-centered systems that support care delivery across the entire continuum of care." Read the full article abstract
The research was undertaken by Professor Kuziemsky, who holds the University Research Chair in Healthcare Innovation, Pavel Andreev, Telfer School, Morad Benyoucef, Telfer School, Tracey O'Sullivan, University of Ottawa, and Syam Jamaly, University of Ottawa.
- Category: Telfer Announcements
The Telfer School welcomes professor Mohamed Chelli as a new professor in accounting. His teaching areas include financial accounting and his research interests include topics related to socio-environmental performance indicators. He obtained his PhD in accounting from Université Laval and Université Paris-Dauphine and he was previously a professor of accounting at Toulouse Business School in France.
Professor Chelli said governments, policy-makers, stakeholders, and companies are keeping close watch on the development of socio-environmental performance indicators. CDP, formerly the Carbon Disclosure Project, has operated for the past 15 years, while more recently the Financial Stability Board (FSB), chaired by Bank of England Governor Mark Carney, created the Task Force on Climate-related Financial Disclosures (TCFD), Chelli noted. Led by Michael Bloomberg, the task force is working on developing more effective climate-related financial disclosures for use by companies; the group’s members include the head of sustainable investing at the Canada Pension Plan Investment Board. In a separate step, France last year introduced mandatory climate change-related reporting for institutional investors, a move which ESG Magazine called “one of the world’s most comprehensive shifts to public sustainable finance data.”
Professor Chelli noted: “There are many efforts underway to improve and standardize climate change and environmental disclosures, and my particular focus is on the legitimization practices of socio-environmental performance measurement bodies that oversee corporations. My work also provides analysis of the way the measurements produced exercise a certain pressure both over the corporations under scrutiny and the stakeholders.”
- Category: Innovation and Entrepreneurship
The University’s Co-operative Education Programs and the Entrepreneurship Hub have teamed up with RBC Royal Bank to launch an innovative CO-OP program designed to develop an entrepreneurial mindset. Read the complete article in the Gazette »
- Category: Appointments and Honours
Congratulations to Ivy Lynn Bourgeault on becoming a Fellow of the Canadian Academy of Health Sciences (CAHS). Fellows elected to the academy are recognized by their peers nationally and internationally for their contributions to the promotion of health science. They demonstrate leadership, creativity, distinctive competencies and a commitment to advance academic health science. Professor Bourgeault and 35 other Canadian researchers were welcomed as CAHS Fellows at the induction ceremony in Montreal on September 15, 2016.
Ivy Lynn Bourgeault is a Professor at the Telfer School of Management and is the Canadian Institutes of Health Research (CIHR) Chair in Gender, Work and Health Human Resources. She has been a consultant to various provincial Ministries of Health in Canada, to Health Canada and to the World Health Organization. Her recent research focuses on the migration of health professionals and their integration into the Canadian healthcare system.
Professor Bourgeault is the Scientific Director of the Ontario Population Health Improvement Research Network and the Ontario Health Human Resource Research Network, both housed at the University of Ottawa with funding from the Ontario Ministry of Health and Long-term Care. Professor Bourgeault also leads the Canadian Health Human Resources Network (CHHRN) with funding from Health Canada and the CIHR.
The Canadian Academy of Health Sciences (CAHS)
CAHS provides timely, informed and unbiased assessments of urgent issues affecting the health of Canadians. These assessments, which are based on evidence reviews and leading expert opinion, provide conclusions and recommendations in the name of CAHS. More about CAHS
- Category: Alumni in the Lead
Professor Samia Chreim’s research area is Organizational Theory, which she applies to a variety of fields. Her publications are making an impact in the field of health care management and business management. Two of her articles, published in A-journals, are ranked in the top 10 for the year 2015.
The first article, entitled Fix and forget or fix and report: a qualitative study of tensions at the front line of incident reporting, was published in the BMJ Quality and Safety journal, an international peer-reviewed journal that focuses on the quality and safety of healthcare. The article reports on a study led by Tanya Anne Hewitt, Professor Chreim’s former Ph.D. student in Population Health at the University of Ottawa. In a case study, the research explores how safety problems that health practitioners encounter are being addressed. The study reveals that most practitioners, when faced with a safety problem that they can resolve themselves, tend not to report it. Hewitt and Chreim argue that reporting of hazards and safety problems is important, as it helps establish a more preventive approach.
The second article is entitled The (non) distribution of leadership roles: Considering leadership practices and configurations. Published in Human Relations, a highly regarded peer-reviewed journal, it contributes towards a deeper understanding of leadership and social relationships at and around work. In particular, Professor Chreim’s study investigates the leadership configurations that are possible following mergers and acquisitions. The findings show that mergers and acquisitions bringing together previously autonomous work teams have a lot of ambiguity and variation in terms of their leadership configurations.
The journal Human Relations has published a lengthy discussion of Professor Chreim’s article by a renowned scholar in this area. Peter Gronn of Cambridge University writes that Professor Chreim ‘‘is to be commended for an invaluable contribution and for advancing knowledge in this field.’’
- Category: Latest News
Why do good people do bad things?
This is the question posed by Robert Prentice at a recent conference where he talked about Behavioural Ethics. The interesting point is that some studies have shown that business education increases rather than decreases unethical behaviour. Why might this be?
Behavioural ethics suggests that even the most well-meaning people can behave unethically in certain situations. This happens, according to Prentice, because of a few cognitive biases that include the following:
- Over-confidence bias - “I always behave ethically”;
- Conformity bias -“Everyone else is doing it”; and
- Respect for authority - “The boss says I have to”.
Business education might encourage unethical behaviour if the emphasis is placed on profitability above all. In other words, the MBA program might stimulate some of the biases mentioned above. Most MBA programs nowadays focus on a balance of results: people, profit and planet. In addition, many have introduced courses on ethics. The Telfer 2009 MBA grads went one step further to create an MBA Oath that outlines a set of values for how our MBAs will conduct themselves in the workplace.
All Telfer MBA grads sign off on the Oath prior to graduation, and many years later, Telfer MBA alumni can recall the ceremony that surrounds the signing and the commitment they made to ethical conduct. Harley Finkelstein, a member of the 2009 graduating class and a key proponent of the Oath points out that “other such Oaths were created in a number of American universities after the 2008 financial meltdown, but we wanted to create an Oath that would reflect Canadian values”. The focus is on “doing good” of course, but also on realizing that good people can do bad things if they are put in situations in which the ethical aspects are perhaps nebulous. Attaching one’s signature to a set of values instills a framework for making ethical decisions when faced with ambiguous situations.
MBA Director Greg Richards notes: “With the rapid changes in organizations these days, the proliferation of data, Internet of Things, and continual global connectivity, most of us now work in pretty fast-moving, complex environments. Sometimes, it’s not easy to maintain a focus on values in these situations. I think talking about ethics and values regularly and providing a framework, such as the MBA Oath, to help people focus their decision-making is a useful approach.”
Daina Mazutis, author of a number of papers on Ethical Decision Making and Endowed Professor of Ethics, Responsibility and Sustainability at the Telfer School of Management adds: “Many research studies have shown that making a public commitment to an issue can have a profound effect on individual behaviour. On top of anticipating, practicing and scripting responses in advance to the ethical dilemmas future managers are bound to face in the work place, the MBA Oath can serve as a sort of trip-wire that augments the moral intensity of the situation at the time a decision has to be made, especially if a visible reminder of the Oath is kept nearby.”
For more information on ethics in business, take a look at some of Professor Mazutis’s work in the Journal of Business Ethics or in Academy of Management Learning & Education.
Robert Prince and his colleagues at the McCombs School of Business at the University of Texas at Austin have created a series of videos and other educational resources at Ethics Unwrapped.
- Category: Latest News
Jonathan Calof, professor of International Business and Strategy at the Telfer School of Management, has been appointed as Leading Research Fellow of the Research Laboratory for Science and Technology Studies at the Institute for Statistical Studies and Economics and Knowledge (ISSEK) at the National Research University Higher School of Economics in Moscow, Russia. This is a continuation of his involvement with HSE which started with his appointment on their International Advisory Board.
Ranked as one of Russia’s top universities, the Higher School of Economics is a leader in Russian education and one of the top economics and social sciences universities in eastern Europe and Eurasia.
Professor Calof was also named Extraordinary Professor at the North-West University in South Africa, in their School of Business and Governance, to work on an African research program in competitive intelligence.
North-West University is one of South Africa's biggest universities, with three campuses in two provinces. It upholds the promotion of multilingualism as a core practice, with key innovations in place to meet the needs of its diverse student body.
More information about North-West University
- Category: Latest News
Part-time Professor Paula Sauveur has recently published a new book entitled Ethics and Professional Deontology: Laws and Regulations in Engineering (Thomson Reuters).
Ethics and deontology are the heart of the concerns of the Ordre des ingénieurs du Québec and the Association of Professional Engineers of Ontario. Their public protection mandate forces them to require a behavior that meets the highest ethical standards and codes of deontology applicable to the practice of engineering by their members.
This book is intended primarily for engineers who wish to know the ethical requirements and other standards that affect and govern their professional activities. It also aims at helping students in their admission process to Ordre des ingénieurs du Québec and/or the Association of Professional Engineers of Ontario. It lists the official, bilingual versions of laws and regulations in strengths in Quebec, Ontario and Canada pertaining to ethics and professional conduct in the practice of the profession of engineers. The laws and regulations are presented intuitively in a format easy to navigate.
Paula Sauveur, C.Med, LL.M-ADR, LL.M, J.D., LL.B., MBA, MEng, BSc, is a lawyer, mediator and arbitrator with a bi-juridical legal education (civil law and common law). She teaches the course Engineering Law at University of Ottawa where she is a part time professor at the Faculty of Law (Civil Law Section, Common Law Section), Faculty of Engineering and at Telfer School of Management. She is also a PhD candidate in Law at the Law Faculty of Université de Montréal as well a PhD candidate in Electrical Engineering at the Computer Vision and Systems Laboratory of Laval University.
- Category: Alumni in the Lead
While the media are considered to play an influential role in business, very little research has been done on the relationship between firm-specific media coverage and corporate decision making. The Telfer School’s Shantanu Dutta is helping to change that with a new study on how business reporting shapes firms’ merger and acquisition decisions.
“Our preliminary evidence suggests that the media do influence deal outcomes, independently of the market’s response to a given M&A play,” notes Dutta, an associate professor of finance at the Telfer School. “In particular, the press has something of a ‘corporate governance’ role, one that has not been explored much empirically.”
Dutta and his team seek to understand better how reporting in reputable newspapers might affect the probability of making a deal – and the degree to which negative coverage has a restraining effect. But they are also looking into the impact of coverage on other strategic decisions in M&A, “such as the acquiring firm’s payment method, and the impact on future acquisitions.”
The 2008-2009 global financial crisis sparked interest among finance researchers in the role of the press. After the financial crisis, traditional measures of firm performance no longer appeared adequate. In response, some finance researchers began to examine how verbal information contained in media reports provides information over and above the traditional performance measures.
The findings from the study will encourage a better understanding about the linkages between media coverage and M&A decision making processes among investors and managers, says Dutta.
“We recognize that business reporting is not the only factor that influences major corporate decisions, but it certainly has the potential to play a significant role in shaping managers' and investors' perceptions.”
- Category: Latest News
Dr. Michael Fung-Kee-Fung received the Provincial Leadership Award for Public Service from the Government Technology Exhibition and Conference (GTEC).
Dr. Fung-Kee-Fung is a Professor in the Department of Obstetrics and Gynecology and the Department of Surgery at the University of Ottawa, cross-appointed to the Telfer School of Management.
The award recognizes his exceptional contributions as Chief of Cancer Transformation and Strategy at the Ottawa Hospital.
- Category: Latest News
Cheryl McWatters, the Father Edgar Thivierge Chair in Business History, received the Journal of Operations Management’s Associate Editor Service Award for outstanding service from 2010-2014. McWatters, in addition to serving as associate editor of the JOM, is Editor of the Accounting History Review and Associate Editor of Accounting Perspectives.
An award-winning author and editor, Professor McWatters has published widely in accounting, operations management, and accounting and management history. Her most recent publication, with Jerold Zimmerman, Management Accounting in a Dynamic Environment (Routledge), will be published in October.
- Category: Latest News
Caitlin Champion, candidate in the M.Sc. Health Systems Program, was awarded a Canadian Institutes of Health Research (CIHR) – Frederick Banting and Charles Best Canada Graduate Scholarship. Her thesis research will apply systems analysis to understand the health system interrelationships impacting colorectal cancer screening access in the NWT. A primary aim of the study is to build a foundation for future health system modeling to guide cost effective colorectal cancer screening initiatives with the goal of optimizing access to care.
Caitlin Champion completed a BSc (Honours) in Environmental Science from Acadia University and her MD at the University of Toronto in 2012. She is currently a resident physician in General Surgery at the University of Ottawa, and is pursuing graduate studies though the General Surgery Surgeon Scientist Program (SSP) and University of Ottawa Clinician Investigator Program (CIP).
Subcategories
Student Voices
The following article was written by a member of our student community. The views and opinions expressed in this blog are those of the authors and do not necessarily reflect the official policy or position of Telfer School of Management. For more information or to flag inappropriate content, please