Menu

Beedie School of Business News

VANCOUVER— The role that natural gas could play in addressing British Columbia’s economic and sustainability goals was the focal point of a special public event hosted by Simon Fraser University’s Beedie School of Business at its downtown Vancouver Segal Graduate School campus on September 29.

Among others, executives from leading Canadian natural gas firm Encana were on hand to engage with students to share their thoughts on BC’s role as a significant natural gas producer for local and global markets, and trends related to the usage of natural gas in the province and the country.

During the past summer term, Beedie School of Business students have worked with Encana to bring a real-life dimension to the final semester of their MBA program. In classes devoted to both sustainability and new ventures, the students have focused on understanding the evolving natural gas markets, and more specifically, they explored the potential for natural gas to serve as an alternate fuel in the transportation sector.

“This real world context provides an excellent opportunity to undertake life cycle assessments, investigate the issue from the perspective of a broad range of stakeholders as well as to delve into the dynamics of how industries change and also what prevents them from changing,” said Stephanie Bertels, Assistant Professor in Technology and Operations Management at the Beedie School of Business.

In addition to guests from industry and academia, representatives from Vancouver Greentech Exchange and the green energy and technology space were on hand, along with leaders from associated companies, government agencies and NGOs.

The panelists at the Thursday evening event were:
- Wayne Geis, Vice-President, Natural Gas Economy, Encana
- Matt Horne, Director of the B.C. Energy Solutions Program, Pembina Institute
- Walter Cicha, Strategic Intelligence – Clean Energy Innovation, IRAP Pacific – NRC Canada

The team of Encana executives who judged MBA projects and provided insights on the panels were:

Bill Oliver, Executive Vice-President & Chief Corporate Officer
Wayne Geis, Vice-President, Natural Gas Economy
David Lye, Vice-President, Corporate Environment, Health & Safety (EH&S), Security & Corporate Responsibility
Dario Alvarez, Lead, Communications -Natural Gas Economy

This isn’t the first time SFU’s MBA students have enjoyed a first-hand overview of the key issues facing Encana and the natural gas industry. A special day-long forum with Encana in June gave students a in-depth look at a wide range of industry issues.

According to Daniel Shapiro, Dean of the Beedie School of Business, the Encana visits underscore the commitments of both the school and the company to furthering dialogue around issues such as technology, innovation and sustainability – providing realistic solutions for emerging business, economic and societal challenges.

Tags: , , , , , ,


Contact:
Derek Moscato, 778.782.5038; derek_moscato@sfu.ca
Dixon Tam, dixon_tam@sfu.ca
Michelle Cobb (Scotiabank)
Phone: 778-327-5451
Email: michelle.cobb@scotiabank.com

September 28, 2011

Scotiabank was today recognized with Simon Fraser University’s Nancy McKinstry award for leadership in diversity. The SFU Beedie School of Business corporate award, presented during a sold-out breakfast at the university’s Segal Graduate School campus in downtown Vancouver, recognizes an organization that exemplifies the values of diversity in the workplace.

The Canadian bank was recognized for its core values, based on diversity, equity and inclusion – scoring particularly highly for the diverse composition of its staff, management and board. The award was presented to Scotiabank’s Barb Ruff, Vice President, Southeast B.C., Central East Vancouver District.

“Scotiabank should be commended for its commitment to diversity, which not only benefits society as a whole but also the success of organizations,” said Daniel Shapiro, Dean of the Beedie School of Business. The organization’s outreach activities, workplace culture, and the composition of its workforce were all cited as deciding factors. Keep reading…

Tags: , , , ,


By Lisa Dalla Vecchia

Ryan Quinn, author of the book Lift: Becoming a Positive Force in Any Situation, recently spoke to a sold-out audience of management professionals about how anyone, in any situation, and any role, can become a positive force and positively impact those around them. The September 23 event, hosted by the Beedie School of Business’ CMA Centre for Strategic Change, was held in partnership with the Certified Management Accountants and BC Human Resources Management Association – at the Segal Graduate School campus in downtown Vancouver.

Quinn, Assistant Professor at the University of Virigina’s Darden School of Business, teaches and conducts research on change management, with specific interests in integration, conversations, innovation, energizing the workplace, high-performance experiences, organizational learning, power and courage.

Using sample scenarios to both illustrate the main points of his presentation and encourage lively dialogue among audience members, Quinn began by asserting that most people naturally want to be a positive influence in life and do something meaningful in the world. In order to achieve this state, which is purpose-centred, internally-directed, other-focused, and externally open, he explained that rather than focus on tactics, the focus should be on asking four simple, and yet profound questions.

Purpose-Centred: wanting to create extraordinary results. “What result do I want to create?” Just by asking this question, the focus shifts from problem-solving to purpose-finding, from “what” to “how”, and importantly, to creativity. This resonated with the audience; at some point, we have all felt that a potential solution to a problem is impossible, and have not fully explored all possibilities. However, by changing our focus and seeing things differently, we change the frame in which we see the world, visualize new possibilities, empower those around us to see new possibilities, and the results will better impact the world.

Internally Directed: examining personal integrity gaps and trying to close them. “What would my story be if I were living up to the values I expect of others?” It is extremely important to live up to the values that we expect of others, but before we can do this, we need to know what those values are. It is these values that distinguish leaders from non-leaders. When we witness people living their values, we tend to experience an elevation in emotions, and a desire to live out our own values.

Other-Focused: seeing others as people with legitimate needs, feelings, wants, and perspectives. “How do others feel about this situation?” When we interact with others, our natural impulse is to empathize with them. If we reject those impulses, we need to rationalize it, deflate the other person, and imagine the other person as an obstacle, or an object. This often happens when we’re busy and feel that others are a burden, adding one more thing to our never-ending to do list. However, studies have shown that when we shift our thinking, no actual burden exists. Therefore, we need to practice feeling how others feel about something and empathize and rationalize with them.

Externally Open: having malleable traits and being open to learn. We are all capable of learning and growing, but we need an open mind-set. It is important to recognize that while we may not be naturally inclined toward something (i.e. piano playing) we do not know what our upper limits are. This has enormous implications for: 1) quitting (if we don’t think we are capable, how long would we spend practicing before giving up?); 2) accepting feedback (what would we do with feedback if we don’t believe we are capable in the first place?); and management (if managers do not feel that their subordinates are capable, it hugely impacts an employee’s ability to learn and grow).

The presentation ended with a discussion on a few strategies that could help people achieve this redefined purpose for living a purpose-centred, internally directed, other-focused, and externally open life.

For more information about the next CMA Centre Practitioner Series, please visit http://beedie.sfu.ca/cma-centre/

Tags: , , , , , ,


Business leaders and human resources consultants can learn how to hire the right people by seeing the movie Moneyball, which stars Brad Pitt and opened at cinemas September 23.

Simon Fraser University Beedie School of Business professor Peter Tingling told Business in Vancouver last week that the movie is based on a true story of how Oakland Athletics general manager Billy Beane has used computer generated analysis to field a competitive major league baseball team since he was appointed to the post in 1998. Keep reading…

Tags: , , , , ,


Two students from SFU’s Beedie School of Business have been selected to be among only 125 globally to attend the Daimler World Dialogue in Germany. Undergraduate student Chris Velasco and MBA student Lee O’Donnell are off to Stuttgart to attend the highly selective event, taking place on October 4 and 5 at the Mercedes-Benz Museum and the Carl Benz Arena.

Daimler, one of the world’s leading automobile companies, is hosting the event alongside the UN Global Compact GRLI (Globally Responsible Leadership Initiative’s) 11th General Assembly in the German city.

Participating students will engage in discussions with the GRLI General Assembly — which includes 60 representatives from well-known business schools and companies — on the topic of “sustainable and responsible leadership to face the challenges of tomorrow.”

Velasco, who brings a strong sustainability focus to the dialogue, originally learned of the event through the SFU undergraduate class “Management Practices for Sustainability,” taught by Assistant Professor Stephanie Bertels.

O’Donnell, who also learned of the opportunity through prof. Bertels in his MBA program, has an extensive background in the automotive industry. He worked for several years as an engine designer at Honda, developing new engines and transmissions to make more efficient and better performing Honda vehicles.

“The world is an ever-shrinking place where trade, commerce, economies, cultures and governance from around the world are all becoming increasingly linked,” said O’Donnell. “The benefit from the dialogue is being exposed to discussions on very real issues in the automotive industry and to get to hear the views from present and future business leaders globally.”

Prior to working as an engine designer at Honda, he was a researcher for the French company Faurecia, working with new systems to control the exhaust output of cars to make them less polluting.

Velasco is in his final year of studies at the Beedie School, concentrating in human resources, entrepreneurship and innovation. In his spare time, he works with impoverished individuals through the international charitable organization ANCOP International. Last summer, he travelled to the Philippines on a mission trip to build houses for the homeless in that country.

“I’m looking forward to establishing strong networks with leaders from all over the world while working with them to create sustainable solutions for the benefit of future generations,” said Velasco. “My aim is to return to Canada to share the knowledge and experiences that I gained at this dialogue.”

Velasco also has worked as a research assistant for prof. Bertels, garnering exposure to how companies embed sustainability practices into organizational culture. “I realized that I want to get into the field of sustainability after graduation, either through consulting with companies to become more sustainable, or through starting up a social or green energy venture,” he said. “The Daimler World Dialogue will surely help me achieve my post-graduation goals.”

For more information about the UN Global Compact GRLI General Assembly:

https://www.grli.org/index.php/general-assemblies/stuttgart-germany-october-1-4-2011

Tags: , , , , , ,


SEATTLE– A team of students from the Beedie School of Business is enjoying the afterglow of a successful journey to Bellevue, Washington to participate in one of North America’s highest-profile business ethics competitions.

The students — Fahad Yasin, Christine Prasad, Sasha Vukovic, Moira van den Akker, and Andrew McKinlay — competed in the LMU/ECOA Intercollegiate Business Ethics Case Competition (IBECC), held in Bellevue, Washington from September 21-22. The team competed against a prestigious international field that included the likes of Oxford, USC, INSEAD, Holy Cross and Boston College.

Among the honours they received was winning the Hannah Arendt Essay Award, funded by the Honorable Judge Ruth Kraft of the New York bench, and recognizing the best essay of the competition about the ethical dimensions of a business case.

The team also took home hardware as 2011 Consolation Winner, securing the team’s ranking in the Top 5 for overall competition, and as first runner-up in the international category.

The five undergraduate students from the Beedie School of Business at Simon Fraser University had used Vancouver’s 2011 Stanley Cup Riot as a case study to examine the growing role that social media plays in society and business.

The team’s chosen ethics case concerned the immediate aftermath of Vancouver’s 2011 Stanley Cup Riot in a human resources context. The team was coached by Sam Thiara, Manager of Student Engagement and Recruitment at the Beedie School of Business, and alumnus Pam Hernandez.

The competition was jointly sponsored by the Center for Ethics and Business at Loyola Marymount University, the Opus College of Business at the University of St. Thomas and the Ethics and Compliance Officer Association (ECOA). The 2011 competition was held at the ECOA’s annual business ethics conference in Bellevue.

Teams in the competition conducted research on a contemporary issue in business ethics of their own choosing and prepared a 20 to 30 minute presentation, which they presented to a panel of 4 or 5 judges.

Tags: , , , , , ,


Send women on international assignments: Expert

Published in Human Capital Magazine
September 21, 2011

An international expert has revealed that fewer than 20% of women are given international assignments in business, despite being better equipped to handle the pressures of working abroad.

At a seminar held yesterday at Macquarie University and attended by management leaders from across Australia, Dr Rosalie L. Tung (pictured) presented her findings on the complexity of doing business in Asia and dispelled myths related to women in international assignments.

Dr Tung said the alarming statistic is perpetuated by a three-pronged myth, namely:
- That women don’t want overseas assignments (due to family considerations)
- Other countries don’t want female expatriates in business dealings
- Women lack the skills/competencies to succeed

In her studies, Dr Tung found no difference between men and women in supervisor-rated performance and instances of early-return from a posting. However, she did find that women encountered more problems related to adjustment, explained by the lack of support systems in place.

In fact, Dr Tung’s studies have shown female managers were better able to cope with isolation abroad, because women place greater emphasis on harmony and cooperation in their interactions with local people.

Her studies have led her to suggest that female expatriates may in fact be the ‘model’ global manager. Additionally, she said that it is important to recognise that not all countries high on the gender inequality index behave in the same manner, and tailored training and support is the key to successful postings.

Her seminar also highlighted the significant role that host country ethnocentrism can play in affecting expatriate success, if proper support mechanisms are not in place.
Corporate support, she concluded, not just for the expatriate but also for the hosts, is integral when companies decide to send a female on international assignments.

Dr Tung told Human Capital that corporate support may include:
- Very clearly articulated information sessions.
- Support in terms of the decisions made by female managers.
- The establishment of good overseas networks, such as women’s executive clubs.

Lists of associates should be regularly updated, especially in countries experiencing widespread growth in expatriate populations (such as in China and India).
Personal assistance on the ground from a knowledgeable colleague or personal assistant.
Proper introductions, where qualifications are clearly and specifically articulated.

Dr Tung is Professor of International Business at Simon Fraser University in Canada, a visiting professor at Harvard University and University of California – Los Angeles, and has served on the United Nations Task Force on Human Resource Management.

-Stephanie Zillman

See the full article at: http://www.hcamag.com/news/domestic/send-women-on-international-assignments-expert/117863/

Tags: , , , , ,


In a newly-published article in the Globe and Mail, David C. Thomas, director of the Centre for Global Workforce Strategy at Simon Fraser University’s Beedie School of Business, says that in the past, corporations viewed diversity as a problem to be managed. But that has changed drastically in recent years, he argues.

“Now, they recognize it as a significant advantage,” he says. “Now, whether it’s a company or a city, the way to achieve economic benefit is through innovation.” Diversity influences innovation in distinct ways, Thomas says. The full article is below:

Diversity now a key tool in the fight for the creative class
gail johnson
Globe and Mail
Published Wednesday, Sep. 21, 2011 5:00AM EDT

With advertisements depicting same-sex couples, TD Canada Trust is getting people’s attention. And if reaching out to diverse customers is a potential tool in a corporation’s quest for a better bottom line, so too can it help cities drive their economies forward.

Increasingly, demographic diversity – ethnic, gender, sexual, religious and so on – is proving crucial to the success of local economies.

In other words, it’s no longer enough for cities to subscribe to the “if you build it, they will come” theory to attract top talent. Rather, they need to roll out the welcome mat to one and all.

“There’s no question about it any more; one of the greatest competitive advantages for any city is tolerance,” says Tom Jones, director of Smart City Consulting in Memphis, Tenn.

For proof, he points to results from a survey prepared for CEOs for Cities, a Chicago-based U.S. network of urban leaders. The survey involved 1,000 college-educated people aged 25 to 34, and it found that two-thirds of respondents decided where they wanted to live first, then went to that city and found a job afterward.

“They operate on a theory that if it doesn’t work out, they’ll just go somewhere else,” Mr. Jones says. “With my generation, it was all about, ‘Where do I want to go work for 30 years?’ That’s not at all what we’re seeing with this generation.

“The survey assessed what made them attracted to cities, or what repelled them. They wanted a city that was clean, that was green, that was safe, and that was a place where they could live the life they want to live, however they defined that. People are willing to move anywhere to find it.

“For cities, it’s no longer just massive investments in a physical object or something tangible, but it’s also the intangibles that make you a magnet for the kind of talent you need to be competitive in the economy today.”

Mr. Jones took part in the Memphis Manifesto Summit, the first gathering of the so-called creative class, in 2003. The Creative 100, a group of people who were selected from the U.S., Canada, and Puerto Rico, came together in the city to discuss ideas and policies to stimulate local growth.

Diversity emerged as a key theme, a principle that participants described as enhancing innovation and having a positive economic impact.

“The creative workers drew up what a city should do to attract them,” Mr. Jones recalls. “One young man who was gay said, ‘We’re the canaries in the coal mine.’ If you can look at a city and see gay people actively and prominently involved, that’s a city that says to other people of that generation, ‘This is a city that’s open, where you can live a life you want to live.’ Everything sends a message to this generation.

“This is the most mobile generation in history, the most educated generation in history, and also the most entrepreneurial generation in history; and they will pack up and move wherever they want to go.”

Smart City Consulting’s online diagnostics tool is one resource for local economies that wish to showcase how they embrace diversity. According to the tool, which prompts cities on ways to improve, they should be able to positively answer questions such as: Does your city treat everyone as valuable? Are your public boards and commissions diverse in the make-up of their members?

“Diversity is the linchpin to it all,” Mr. Jones says. “Diversity of ideas seems to flow from diversity of people. One thing that defines economy now is diversity. If you say you can succeed without being diverse, you’re fighting a tidal wave.”

Dr. David C. Thomas, director of the Centre for Global Workforce Strategy at Simon Fraser University’s Beedie School of Business in Vancouver, says that in the past, corporations viewed diversity as a problem to be managed.

“Now, they recognize it as a significant advantage,” he says. “Now, whether it’s a company or a city, the way to achieve economic benefit is through innovation.”

Diversity influences innovation in distinct ways, Mr. Thomas says.

“We know for a fact that by bringing people together who have different backgrounds, values, attitudes, beliefs, and assumptions to try and solve problems, we get more and different ideas, more and better ideas, because people don’t all think the same way.”

But it goes deeper than that, says Dr. Thomas, who specializes in the study of cultural intelligence – an individual’s awareness of their own cultural assumptions and those of others. Being surrounded by differences, he says, has a profound psychological effect.

“When we’re working with people who are different to us, it makes us focus on the process involved in making decisions and achieving things. Most of the time, our behaviour is semi-automatic, almost scripted; we’re presented with a situation and we behave in a certain way. When we interact with people who are not like us, we shift our focus to the how. We become more thoughtful.

“When we engage with people who have different assumptions about what is right, wrong, good, bad, beautiful, ugly – whose fundamental beliefs and values are different – it challenges our thinking,” Dr. Thomas adds. “People stop and think, ‘If they can be right, how can I be right?’ People don’t like that imbalance, so they have to reconcile those differences and those thoughts. It leads to more complex minds, and makes people more cognitively complex.

“And guess what? That makes the individual more creative. And that helps them become better decision-makers.”

The notion of diversity being important is easy to understand; what’s not so easy is the process of actually accomplishing inclusiveness.

“You need to make a place welcoming, comforting,” Dr. Thomas says. “When people feel different, it can have one of two effects: it can facilitate engagement, or it can be completely debilitating. People like to use the word ‘safe’: they want to feel safe to behave in a particular way.”

Toronto’s Rhonda Singer, president of Culture Chemistry, a division of Noanda Enterprises Ltd., points to Xerox as an example of a company that has attributed the growth in number of patents – and therefore its bottom line – to the diversity of its work force. The same positive impact applies to cities.

“Diversity is innovation,” Ms. Singer says. “This is a trend I’m seeing more and more; it’s bubbling up more than ever because of what’s happening in the market, since the recession. Innovation and diversity were not sexy words before that.”

Special to The Globe and Mail

See the full article at: http://www.theglobeandmail.com/report-on-business/diversity-now-a-key-tool-in-the-fight-for-the-creative-class/article2173191/


SURREY, BC— Dragons’ Den, Canada’s highest-rated entertainment program, is sending two of their fire-breathing venture capitalists to SFU’s Beedie School of Business.

Held at SFU’s Surrey campus on September 29, the sold-out event will include presentations from Jim Treliving, Chairman and Owner of Boston Pizza International and Bruce Croxon, Founder of Lavalife and Vida Spas.

Treliving and Croxon will discuss what they look for from budding entrepreneurs, and answer students’ questions on how to be successful in business. A special highlight will include a mini-Dragon’s Den, with two budding SFU entrepreneurs pitching to the Dragons.

“Entrepreneurship is at the heart of the Beedie School of Business student experience, which makes this event so special,” said Kirk Hill, Assistant Dean of External Affairs for the Beedie School of Business. “As one of Canada’s most-watched television programs, Dragon’s Den speaks to this country’s appetite for entrepreneurship, and we’re thrilled to have Jim and Bruce share their wisdom with our student body.”

The event starts at 6pm, at the SFU Surrey Theatre.

The Beedie School of Business event is hosted in conjunction with partners Venture Connection and Coast Capital Savings.

Tags: , , , ,


SEATTLE– Five undergraduate students from the Beedie School of Business at Simon Fraser University are using Vancouver’s 2011 Stanley Cup Riot as a case study to examine the growing role that social media plays in society and business.

The students — Fahad Yasin, Christine Prasad, Sasha Vukovic, Moira van den Akker, and Andrew McKinlay — are competing in the LMU/ECOA Intercollegiate Business Ethics Case Competition (IBECC), held in Bellevue, Washington from September 21-22. The SFU Beedie team is competing against a prestigious international field that includes the likes of Oxford, University of Southern California, INSEAD, Holy Cross and Boston College.

The team’s chosen ethics case concerns the immediate aftermath of Vancouver’s 2011 Stanley Cup Riot in a human resources context. It revolves around a Lower Mainland construction company whose employee made favourable comments about the riot on his Facebook account. After receiving upwards of 100 emails from an agitated public and customer-base, the company’s owner had to make a difficult decision of how to react to this public relations nightmare – and how to deal with the employee. The SFU student team is examining the situation from the perspective of the employer on the day after the riots.

“What we’re really looking at is social media and the role it plays in our society and business,” said Beedie School of Business undergraduate student Andrew McKinlay. “This new phenomenon can be a useful tool, but if used incorrectly, can result in huge costs, both tangible and intangible. While how to use social media most effectively is still unknown, we do know one thing for sure: Social media is blurring the line between our public and private lives.”

The team will be coached by Sam Thiara, Manager of Student Engagement and Recruitment at the Beedie School of Business, and alumnus Pam Hernandez.

The competition is jointly sponsored by the Center for Ethics and Business at Loyola Marymount University, the Opus College of Business at the University of St. Thomas and the Ethics and Compliance Officer Association (ECOA). The 2011 competition will be held at the ECOA’s annual business ethics conference in Bellevue.

Teams in the competition research a contemporary issue in business ethics of their own choosing and prepare a 20 to 30 minute presentation, which they present to a panel of 4 or 5 judges. Teams explain the legal, financial and ethical dimensions of their problem, and they then propose a solution that must pass muster on all three counts. Judges question the teams for another 30 minutes, and then give the teams feedback on their performance.

For more information, visit:

http://cba.lmu.edu/academicprograms/centers/ethicsandbusiness/competitions.htm

http://cba.lmu.edu/academicprograms/centers/ethicsandbusiness/competitions/2011_September_Field.htm

Contact:

Andrew McKinlay – ajm24@sfu.ca
Sam Thiara – sthiara@sfu.ca
Derek Moscato – derek_moscato@sfu.ca, 778-782-5038

Tags: , , , , , ,


News Search
News Archives