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Summer
2007
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August17 |
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Medical
doctors address MBA class: delivering
the best care requires health care
management |
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On August 17, MBA students in
Murray
Bryant’s Health Care Management and
Accountability class learned about the
continued need for business expertise in
the medical field from two exceptional
guest speakers. Both are medical doctors
with an interest in health care policy
and administration and they delved into
the current challenges in health care
policy. |
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Dr. Diane
Logan, Senior Medical Director, Oncology
Clinical Business Unit, at London Health
Sciences Centre spoke from experience
about the challenges in delivering
quality health care. While hospitals are
very good at being micro-smart, they
have more trouble looking at the big
picture in dealing with administrative
problems. This can result in quick fixes
that fail or are not sustainable.
Patients experience a complexity of care
between multiple doctors and disciplines
that all work in isolation. This
overlapping care from different centres
and different disciplines requires a lot
of back and forth by the patient and on
the accurate transfer of information.
Dr. Logan encourages a systems thinking
approach instead of trying to coordinate
health care among all the different
“silos” that a patient interacts with
when receiving care. “Systems thinking
is about thinking in a new way –thinking
synergistically,” she said. “Chronic
problems continue to exist in health
care organizations, while they could be
improved by the interconnecting of
departments that are already
interrelated.”
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Dr.
Charlotte Moore works in paediatrics at
Sick Kids hospital in Toronto. Dr. Moore
has influenced health care legislation
and policy with her work on wait times.
In May, Dr. Moore was appointed Lead of
Access to Paediatric Services where her
role is to oversee Ontario’s new
Paediatric Wait Time Strategy; she is
responsible for the initiatives designed
to improve access to health care for
children in Ontario. Dr. Moore spoke
about the intersection of policy with
her experience in child health,
outlining the policy development process
and how it applies to the wait time
strategy. “In developing policy, you
need to execute the best available
solution” she said. “The power and
impact of policy is in execution.”
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August
10 |
Link |
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Incoming
Ivey student rings NYSE closing bell |
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Incoming Ivey HBA student Ginger Ellison
rang the closing bell at the New York
Stock Exchange on Friday, August 10.
Ginger has just completed two years of
Social Science
at Western before
starting at Ivey.
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Ginger is
currently taking part in a four-week
Summer Institute in Business &
Technology program at the Wharton School
at the University of Pennsylvania.
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August
9 |
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Ivey PhD
grad wins Barry Richman Dissertation
Award |
Link |
Recent Ivey PhD grad Chris Changwha
Chung was the winner of the Barry
Richman Best Dissertation Award for the
International Management division at the
2007 Academy of Management (AOM)
Conference.
There
were 38 International Business theses
submitted.
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August
2 |
Link |
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Ivey
students compete to create the most
successful new venture |
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On
Thursday August 2, Ivey MBA students
displayed their entrepreneurial talents
along with their unique new venture
creations.
Stewart Thornhill's New Venture Creation
elective requires students to start a
new business and then compete with each
other to see who can make the most
capital in two weeks. Six teams of six or
seven students have been tirelessly
creating and promoting products to win
the coveted title of most successful
venture.
Two of the six teams were in the Ivey
atrium to promote their products to Ivey
faculty and staff.
The team currently leading, with $700
worth of sales, is selling custom
t-shirts. The group, made up of Alex
Chan, Lisa Hoo, Hui Jin, Haiping Sun,
Gregory Valadie, and Mark Vanpee, is
appealing to people’s desire to
literally wear their hearts on their
sleeve and works with their customers to
create one-of-a-kind t-shirts. Customers
can email the team personal photos,
graphics, and text that they want on
their t-shirts - everything from baby
pictures, transformers graphics, or even
a customized Ivey learning team t-shirt.
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This year's leading team is
proud of their successful
project idea. |
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The project
lasts two weeks and students get to
experience first hand the stress of
starting up their own business. When
asked for advice for other young
entrepreneurs, Alex Chan focused on
people. “My advice would to be to find
good partners. The reason why I think
we’ve gotten so far with this project is
because we’ve got a great team of people
who are all dedicated and all have a
very good attitude. We all want to do
the best we can.”
“And be active and aggressive
promoters,” added Gregory Valadie.
“Don’t be afraid to walk up to people
and sell them. That seems to pay off
quite well.”
Also on display were another team’s
unique hand-made gift cards, which could
also be made to order. |
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July
19, 2007 |
Link |
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Ivey’s
LEADER Project helping young
entrepreneurs |
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From wedding planning to a chestnut
farm, Ivey graduate Jenny Hui recently
took her entrepreneurial talents to
Moldova to develop the business plans
among the young entrepreneurs of the
Eastern European country.
Ivey MBA graduate Jenny Hui assists a
student during her recent trip to
Moldova.
Hui, a recent graduate of the MBA
program at the Richard Ivey School of
Business, joined three other Ivey
students traveling to Moldova, one of
the most densely populated European
countries nestled between Romania and
the Ukraine.
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Ivey MBA graduate Jenny Hui
assists a student during her
recent trip to Moldova. |
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As part of Ivey’s
LEADER Project
(Leading Education and Development in
Emerging Regions), the group spent two
weeks teaching classes and working with
young entrepreneurs. In total, 25 Ivey
students, both undergraduate and MBA,
traveled to seven sites with developing
and transitioning economies to help
students identify opportunities with
their projects, tweak details of
existing business plans, identify market
size, explain how to attack or identify
a market, and discuss what skills to
look for when putting together a
management team.
Read the
rest of this article in
Western News. |
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June
15 |
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Spring 2007
Convocation for Ivey PhD Graduates |
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The Richard Ivey School of Business
extends congratulations to four
successful PhD graduates in Business
Administration who received their
degrees at Spring Convocation at
Western. The four distinguished
graduates included Arjun Bhardwaj
(Organizational Behaviour), Yulin Fang
(Information Systems), Leo MacDonald
(Management Science) and Natalie Bin
Zhao (Organizational Behaviour).
These
four individuals are among the 63
students who have graduated from the
doctoral program over the last decade.
All of Ivey’s doctoral graduates have
pursued academic careers and we wish
these four the best in their future
undertakings.
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PhD Program Directors Mitch
Rothstein and Deborah Compeau
(right) with new PhD
graduate Natalie Zhao. |
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The PhD
Program in Business Administration is an
intensive research-based program with a
teacher training component that
effectively develops graduate student’s
analytic, research and teaching ability.
It provides participants with the
conceptual and analytical tools required
to produce leading-edge research and
contribute to both theoretical and
applied knowledge in their fields of
study.
Among Ivey’s 78 distinguished doctoral
students, there is a Canada Graduate
Scholar, a Social Sciences and
Humanities Research Council Scholar and
nine Ontario Graduate Scholarship
holders. Students actively contribute to
the research conducted at the School,
present at international conferences and
publish in Tier 1 journals.
Visit
www.ivey.uwo.ca/academic/phd for
more information on admission
requirements, funding and application
deadlines.
Browse research interests of current
doctoral students at
www.ivey.uwo.ca/phd.
View faculty bios (http://www.ivey.uwo.ca/faculty/
and research interests
http://www.ivey.uwo.ca/Research/Res_Interests/default.htm. |
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June
15 |
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HBA
Convocation celebrates graduates |
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(left to right) 2007 HBA
grads Nicole Verkindt and
Jessica Stevenson.
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On Friday June 15, the HBA program held
its 84th convocation. Approximately 800
graduates and their guests attended.
Awards were presented to the Dean's
Honor List, Ivey Scholars and the gold
medalist, among others and valedictorian
Anuroop Duggal spoke eloquently about
his experience in the HBA program.
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Honorary
degree recipient and former prime
minister Brian Mulroney delivered a
humorous
and engaging speech to Ivey
graduates and their families.
Read more. |
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June
15 |
Link |
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New EMBA
class begins in Hong Kong |
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On June 15th, over 50 incoming
participants and alumni joined together
at the Welcome Reception.
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(left to right) Mr. Victor Apps,
Chairman, Manulife International
Ltd., Dr. Simon Leung, Regional
President, Asia Pacific, Global
Telecom Solutions Sector,
Motorola Asia Pacific Ltd.,
Prof. Kathleen Slaughter,
Associate Dean, Asia, Richard
Ivey School of Business, Ms.
Janet De Silva, President, Sun
Life Financial (China) |
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Alumni and current participants spent a
great time reconnecting with others in
the Ivey network. Asian Advisory Board
members were also there to welcome
participants of the next EMBA class
starting in August in HK.
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Members of Ivey's next Hong Kong
EMBA class look forward to
beginning their first class in
August 2007. |
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June 15 |
Link |
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Renowned
Professor Delivers Provocative Keynote
Address: Decision Making in a Crisis |
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The keynote speaker at the
Organizational Learning, Knowledge and
Capabilities (OLKC) conference, Dennis
A. Gioia, presented a thought-provoking
case to the group of 100 academics.
Gioia’s key note address was on the
Pinto Fires case and the company’s
reluctance to recall the flammable car.
The Pinto, which Ford begun selling in
1970, was the subject of a great deal of
public debate. The main concern focused
on the Pinto’s safety, especially with
regards to its susceptibility to fire in
low-speed, rear-end collisions.
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Dennis Gioia with conference
participants. |
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“I chose
the Pinto Fires case for the themes of
the conference, which are three in my
mind,” said Gioia. “One is
organizational knowledge: who knows what
and who should know what and how widely
should that be distributed.”
Gioia said the second theme of the
conference on organizational learning
centres around how people in
organizations learn and “how
organizations as an entity can be
construed as a learning entity.”
“And the third theme was fusion…I chose
here to do a fusion between academic
theory on knowledge and learning and
fusing that with practice,” Gioia said.
He began the case discussion by asking
the group if they would have recalled
the Pinto if they had been the recall
manager at Ford during the 1970s. Gioia
then opened the floor to questions and a
group discussion.
From the
Pinto case, Gioia explained that people
are cognitively and behaviourally
trained to respond in a certain way and
that the social context in which we live
has a great deal of influence over our
decisions. “In the 1960s and 1970s,
safety was a non-issue. People were not
willing to pay more for a car with
additional safety features,” said Gioia.
“Furthermore, response schemas,
aggregated knowledge that tells us how
to understand and what to do in a given
situation, are often built without
ethical dimensions attached to them.
Today we’ve acknowledged that it is
important to have decision makers
understand that ethics matter.” As
demonstrated by the Pinto case, managers
who follow an ethical track might cost a
company money in the short term, but in
the modern media environment, their
actions may save a company in the long
run.
The Pinto case encompasses issues that
span the organization, including social
responsibility, knowledge and learning
within organizations, ethical decision
making and how businesses need to
conduct themselves properly. |
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June
15 |
Link |
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Local
First Nations group attends conference to teach
oral tradition |
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On Friday night, the Organizational
Learning, Knowledge and Capabilities (OLKC)Conference
welcomed Red Spirit Pathways – a local
First Nations performing group to teach
participants about the oral learning
tradition. They opened the evening with
a purification ceremony; a history of
learning paths; traditional learning
methods and techniques; teachings on the
water drum; and Iroquois style dancing.
After a dinner of traditional First
Nations food consisting of venison,
salmon, wild turkey, and “the three
sisters” (corn, beans and squash),
conference members had a chance to
experience the different ways of first
nations teaching.
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Red
Spirit Pathways begins their
presentation for conference
participants. |
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The First Nations way of teaching
focuses on the oral tradition, which
fuses visual, auditory and kinesthetic
modes of communication. The oral
story-telling tradition offers a
different approach to traditional
teaching methods. Where traditional
written history allows a reader to
experience stories of the past alone,
oral tradition requires cooperation,
inclusion and those willing to listen to
hear the narrator’s words.
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Participants learn about the
oral traditions of First Nations
culture. |
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Through storytelling, dance, songs and
drumming, the First Nations passed on
important knowledge, history and
teachings to the group. They explained
that every song and every dance in their
culture has a specific purpose, and
tells a story.
The tradition of oral storytelling
offered OLKC conference members a
different approach to academic teaching
methods and was one of many learning
fusions presented throughout the
conference. |
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June 13 |
Link |
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Ivey PhD
students explore their creative side at
the Organizational Learning, Knowledge
and Capabilities conference |
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The Organizational Learning, Knowledge
and Capabilities (OLKC) conference
started off on a creative note. With the
theme of the conference being fusion
learning, Fay Wilkinson, Expressive Arts
Practitioner, pulled the PhD students
and faculty out of their comfort zones
to encourage them to think in an
entirely new way.
Singing, dancing, speaking in gibberish
and "the game of many things" were among
the activities Fay used to encourage the
group to open up and experience life as
'action' and not just 'thought'. The PhD
students, from Brazil, Canada, US, The
Netherlands, Austria and Denmark and
Ireland, who are often writing and
researching alone, welcomed this
interactive and creative way to
conceptualize their research.
Co-chair of the PhD workshop, Nicole
Haggerty from the Richard Ivey School of
Business at the University of Western
Ontario, said that, “the PhD
pre-conference offered the opportunity
for an interdisciplinary group of OLKC
PhD candidates to interact with
experienced scholars and to engage with
the conference theme of Learning
Fusion.”
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Ivey PhD students getting
creative with their masks. |
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The goal of the workshop was to
encourage the PhD students to think
about their research in new ways. Fay
led the doctoral candidates on a journey
through several steps that lead them to
creating an expressive mask that
represented their research. One of the
stops along the way was renaming their
research with a title that a five year
old could understand. This brought some
complex research ideas down to their
true essence. The group was asked to
think about their research in mask form
by giving it colour, texture, and
three-dimensions. “As an expressive arts
practitioner, I encourage people to take
a playful, multi-modal approach to art
making which results in authentic self
expression for personal growth,” said
Fay.
All 13 PhD students and five faculty
members created unique masks out of
various media including feathers,
sparkles, ribbon, wire, and fabric. When
the masks were completed, the group
paired up to be introduced to their
mask. Taking turns, one partner would
make the mask “come alive” for its
creator, by holding it up and moving it
around so it could be seen from all
different angles. The creator of the
mask was to take note of how they were
feeling looking their creation in the
face.
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The
finished products were as
diverse as their creators.
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Next, the PhD students were invited to
wear their masks and act out in front of
the group how their mask made them feel.
“This allowed us to really see what our
research means to ourselves, but also
how it might be interpreted by others.
The mask making process not only allowed
each of us to see thing in new ways, but
it also allowed us to see things that we
never saw before in ourselves, our
research and the world around us,” said
Haggerty.
The masks were on display during the
OLKC conference and served as a reminder
that new approaches can lead to new and
inspiring creativity. |
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June
12 |
Link |
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Esteemed
Ivey alumnus Donald K. Johnson (MBA '63)
receives honorary degree |
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Donald K. Johnson addressed UWO students
upon receiving his honourary doctorate
at the Social Sciences and graduate
studies convocation on Tuesday.
Johnson, who is a Senior Adviser, BMO
Capital Markets, has a long history with
Ivey and currently sits on the Ivey
Advisory Board.
He shared four key lessons he has
learned over the past 44 years since
graduating in 1963 with an MBA from
Ivey.
How to
select a career
“When selecting a career, keep three
things in mind. First, do what you
really love to do. Second, do what
you’re really good at. Third, do it with
people you love to be with, both
internally in the organization and
externally.”
Your
career path to promotion
After you have selected a career, he
advised grads to strive to be the very
best at what they do; put the best
interests of their customers and company
ahead of their own personal best
interests; keep their ego under control;
and focus on building a great team.
He also advised them to surround
themselves with people whose skills and
attributes are complementary to their
own.
The
importance of your physical and mental
health
Another major lesson he’s learned over
the past four decades is the importance
of good health.
“I would recommend that you take good
care of your body and your mind as you
go forward. Good health is essential to
optimizing your productivity, making
good decisions, communicating
effectively and enjoying every aspect of
your life. Given our ever increasing
time demands, a disciplined daily
program of exercise, nutrition,
stress-management (using relaxation
techniques such as meditation or yoga)
and sufficient sleep goes a long way to
achieving good health. ”
The
importance of philanthropy
The final lesson Johnson shared with UWO
graduates was the importance of giving
back to the communities in which they
operate.
“While I have derived a great deal of
enjoyment and satisfaction from my
business career, in many respects the
most fulfilling part of my life has been
my involvement in the not-for-profit
sector,” he said.
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June
11 |
Link |
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Ivey
research showcased in Institute of
Corporate Directors Blue Ribbon
Commission report on Executive
Compensation in Canada |
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Executive compensation, if designed
properly, plays a pivotal role in
motivating management to create
shareholder value," said
Murray Bryant,
presenting the Blue Ribbon report to
journalists on Monday. The report was
researched by Bryant and co-author
Stephen Sapp. While Bryant was
presenting the research in Toronto, Sapp
was conducting a briefing to French
journalists in Montreal.
The report recommends Canadian firms
adopt a comprehensive Compensation
Analysis Process and full disclosure of
all executive compensation. The report
lays out a process that all Canadian
public companies, regardless of size,
can follow to transparently set
compensation for the CEO and other
executives.
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Murray Bryant presents the Blue
Ribbon Report. |
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The report also calls for improved
financial and human resources literacy
among members of compensation
committees, and an overall increase in
independence of the committee and its
advisors.
Accountability and pay for performance
were the two main themes we repeatedly
uncovered through our research and
consultation with leading experts,
directors and market participants, said
Bryant and Sapp.
more information |
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June 7 |
Link |
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Alan Leong
Ka Kit spoke to Ivey alumni and current
participants about Political Management
- The Business side of Politics |
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The Richard Ivey School of Business and
the Ivey Alumni Association – Hong Kong
Chapter were honored to present Mr. Alan
Leong Ka Kit at Ivey’s 2007
Distinguished Speaker Series.
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(left to right) Prof. Kathleen
Slaughter, Associate Dean, Asia,
Richard Ivey School of Business,
Mr. Alan Leong, Mr. Ross Chan,
President of the Ivey Alumni
Association – Hong Kong Chapter |
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Alan Leong Kah Kit (梁家傑) is a member of
the Legislative Council of Hong Kong
representing the Kowloon East Geographic
Constituency and the vice-chairperson of
the Independent Police Complaints
Council. Mr. Leong was nominated by the
Civic Party as its party candidate for
the Chief Executive election in 2007. He
was also supported by the pan-democratic
group, including the Democratic Party.
Leong later secured 132 nominations and
became the first pro-democrat candidate
to successfully join the Chief Executive
election. Leong received his LLB from
The University of Hong Kong and his LLM
from the University of Cambridge. He is
an honorary lecturer in the Department
of Professional Legal Education at the
University of Hong Kong and served as
chairman of the Hong Kong Bar
Association from 2001 to 2003.
Mr. Leong’s presentation focused on his
experience with his campaign for the
HKSAR Chief Executive Office from a
"political management" point-of-view.
"Political management" is not just
campaigns and elections. It represents
the entire business of politics
including lobbying, government
relations, grass roots politics,
fund-raising, communications strategy,
and media & crisis management. |
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June 6, 2007 |
Link |
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Carol Wilding, CEO of Toronto Board of
Trade, gives her advice on how to be a
great leader |
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A lesson in leadership was just what the
class of Ivey MBAs was craving, and
guest speaker Carol Wilding, CEO of the
Toronto Board of Trade delivered.
She spoke to students about her own
career path and what she’s found to be
the most important lessons in being a
successful leader.
Ms.
Wilding has had a very successful career
in the non-profit and corporate sectors,
most recently as President of Mount
Sinai Hospital Foundation, and President
and CEO of Foster Parents Plan Canada.
Prior to that, she worked as an
accountant at PricewaterhouseCoopers.
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Carol Wilding gives Ivey MBA
students a lesson in leadership. |
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Ms Wilding
gave the class three important pieces of
advice she’s learned throughout her
career about how to be an effective
leader.
First, she explained that a high level
of internal motivation is needed. She
gave hints to the MBAs about what
attributes will get them ahead in their
career:
- an
unflagging energy
- an
appetite for learning
- the
ability to approach things
differently and creatively
- the
ability to constantly ask new
questions; and
- a
wide interest in a variety of
hobbies and extracurricular
activities
The
second lesson she stressed was that the
most important factor in being a
successful leader is having good
relationships. As a business person, she
stressed the importance of building and
maintaining relationships with people
both inside and outside the
organization. “Your MBA may get you into
an organization, but you need
relationships to succeed --you’ll
plateau without them” she said,
stressing that “business is all about
relationships.”
She gave examples of how building a
business as an entrepreneur or a running
a business as a CEO is all about
relationships. “In a talent shortage,
how do you motivate people? How do you
get them to stay? How do you get them to
go in the direction you want them to?”
she asked. “Your title and power won’t
get you very far. It can’t change an
organization. You can change your
strategy, but if you can’t execute it,
it won’t matter.”
The third piece of wisdom she shared was
about the importance of having integrity
and not compromising your principles,
something, she said students will learn
over time. “An MBA doesn’t give you
integrity. You can’t declare it
yourself. It’s how other people see you.
If you make the wrong move, you can lose
it, and it’s often tested in tough
situations” she said. |
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