When it comes to long-term thinking, family-controlled businesses have an advantage
Family-controlled businesses demonstrate exceptional long-term performance. Since 2005, such businesses have significantly outperformed the S&P/TSX Composite. Family-controlled businesses earned an annualized return of 8.3%, compared to 7% for their publicly-traded counterparts, according to the National Bank of Canada鈥檚 Family Advantage 2023-24 Report.
Lightspeed CEO JP Chauvet credits globetrotting childhood with fostering intercultural sensitivity
After a childhood spent in France, Ireland, Nigeria and Singapore, JP Chauvet鈥檚 career has spanned yet more countries and continents. He was lured from London to Montreal to work for Lightspeed, where he is Chief Executive Officer. Growing up, Chauvet never felt fully accepted in any one place, but his ability to understand different cultural perspectives has been an asset in his career.
Cutting back on service can damage an airline鈥檚 reputation
As Pakistan International Airlines grapples with financial challenges, the carrier has made service cutbacks, reducing the number of domestic flights it operates, and unilaterally rebooking some passengers. 鈥淚t's not easy for any airline to decide to cut back services,鈥� says Associate Professor Karl Moore, as it can result in long-term damage to an airline鈥檚 reputation. "Within Pakistan, they are the dominant player.
Airbus Canada welcomes 鲍鱼直播 students to Mirabel
Last month, over 70 鲍鱼直播 students from different academic disciplines took part in a tour of Airbus Canada鈥檚 headquarters in Mirabel, Airbus鈥� most important headquarters outside of Europe. Students had the unique opportunity to hear from Airbus Canada CEO Beno卯t Schultz and nearly 20 other company officials, including 鲍鱼直播 alumni.
SNC-Lavalin鈥檚 announces long-overdue rebrand as AtkinsR茅alis
After a decade marred by bribery and corruption scandals, the Montreal-headquartered engineering firm SNC-Lavalin Group is changing its name to AtkinsR茅alis. This rebrand demonstrates the company鈥檚 desire to move beyond its past transgressions, even if it wasn鈥檛 explicitly framed that way, according Prof. Karl Moore.
Mentorship is a two-way street
Work from home changes leadership. How do you acculturate people if you鈥檙e not all in the same place? Mentorship is important in an evolving workplace, said Prof. Karl Moore on the Six Pixels of Separation podcast. But it鈥檚 a two-way street. 鈥淚 have some mentors that are older than me, and it doesn鈥檛 occur to them to ask my advice,鈥� says Moore.
鈥楽kiplagging鈥� can save you money while you travel, but airlines don鈥檛 approve
Airfares don鈥檛 always make a lot of sense. For example, a flight from Montreal to Calgary can cost more than a flight from Montreal to Vancouver that has a stop in Calgary. More and more air travelers have been buying a multi-leg ticket, and disembarking at one of the stops along the way. It鈥檚 called skiplagging. 鈥淭his has been around for a long time, but it is becoming more common, especially among Gen Zs,鈥� says Prof.
When the leaders are in the spotlight, everything they do communicates a message
鈥淎s a leader, everyone is watching you,鈥� says Isabelle Hudon. 鈥淵ou live in an aquarium where the water is changed every thirty minutes. And you can鈥檛 hide anywhere.鈥� The President and CEO of the Business Development Bank of Canada (BDC) spoke with Prof. Karl Moore for the iheartradio.ca program The CEO Series. And to reach your potential as a leader you need to be aware of the different ways that you communicate.
Healthy living helps workplace performance for executives and entrepreneurs alike
Healthy eating isn鈥檛 only important for elite athletes. Entrepreneurs, executives and managers need to be well-nourished too 鈥� even though we are still learning about the links between nutrition and cognitive performance. Prof. Karl Moore has interviewed more than a thousand CEOs and notes that in recent years they have put more emphasis on diet, exercise, and mental health.
Air travel rebounded after lockdown restrictions eased, but not all airports have recovered to pre-pandemic passenger numbers.
After lockdown restrictions eased, many Canadians decided to take vacations they鈥檇 been putting off for several years. In New Brunswick, air travel fell off precipitously, and it鈥檚 still not at pre-pandemic levels, but passenger numbers at the province鈥檚 three largest airports are up significantly over 2022.
Millennial and Gen Z workers bring different views鈥攁nd expect them to be heard
Millennials and Generation Z are changing the workforce, writes Harvey Schachter in The Globe and Mail. Millennials are moving in to management, while Gen Z is beginning to enter the workforce in large numbers. Both generations grew up in a time when the nature of truth and knowledge were being questioned, the importance of mental health was being stressed, and hierarchy was declining.
Instant gratification in video games could create expectations of success without hard work
When Super Nintendo and Sega Genesis dominated the video game market, game graphics were simple and gameplay tended to be linear. It was typically necessary to complete levels in a specific order, and players were often unsuccessful in doing so. Completing a game was a process of trial and error 鈥� with plenty of errors along the way.
Montreal鈥檚 CAE Inc. makes acquisitions intended to grow aviation software business
Running an airline is a complicated logistical operation that requires precise timing over vast distances, and demands the coordination of aircraft, passengers, and cargo. The Montreal-headquartered technology company CAE is using its expertise in machine learning and artificial intelligence to optimize airline operations, writes Prof. Karl Moore in Forbes.
Delve: What Can Boomers Learn About Leadership from Millennials and Gen Z? with Karl Moore and Dax Dasilva
What can older generations learn from Millennials and Gen Z about leadership, strategy, and dealing with crisis? And how can these younger generations unlock their professional potential by engaging in meaningful work and taking larger roles in organizational strategy and change?
Reverse mentoring can help bridge workplace generation gaps
Young people entering the workforce today have a worldview that can be profoundly different than senior leaders. Education has shifted from a modern approach to a postmodern one, and that results in a workplace generation gap. The onus to bridge it lies largely with older generations, said Prof. Karl Moore to Oliver Wyman Forum.
