2005 Media Mentions
they are going about it with variety. "Now, innovation is required." Procter & Gamble "may have got stuck in their ways,
but it looks like they're certainly shaking that off" said Harold Simpkins (Marketing).
Dec 17: Le Journal de Montreal - A common advertorial platform in the United States for years, comparative marketing
has now made its way North into the Canadian political landscape. With party leaders playing 'who blames who', the
campaigning "results are mixed, not all voters support this approach" said Michel Laroche (Marketing).
Dec 15: La Presse - According to Chinese newspaper Beijing News, Bombardier might team up with Shenyang Aircraft for
the manufacturing of their C-series aircraft. Company officials refused comment, but inklings of this deal comes as a
shock after Bombardier received $350 million in federal aid this year to ensure the C-series' fabrication remained in
Mirabel. Commenting on the situation, Isabelle Dostaler (Management) felt it was justified to cringe at the possibility of
Bombardier manufacturing their C-series in China.
Dec 14: L’Heure des comptes - Although the European aviation industry is dominated by three large airlines, numerous
mid-sized companies exist in their wake comments Isabelle Dostaler (Management) in her weekly chronicle at L'Heure
Dec 14: 940 News (CINW-AM) - With a federal election coming in January 2006, Harold Simpkins (Marketing) explains
each political party's ad campaign.
Dec 12: 940 News (CINW-AM-Montreal) - Sick of holiday marketing tactics? Christmas carols are often repetitive and used far too early in the season. Bianca Grohmann (Marketing) talks about her research on yuletide spending.
Dec 6: Salut Bonjour (TVA-TV) - Former conservative Prime Minister Brian Mulroney has received an honorary doctorate from the John Molson School of Business. Mulroney however, refused to comment on the current federal campaign.
Dec 5: La Presse - Michel Magnan (Accountancy) profiles the U.S. trial versus Canadian media mogul Conrad Black. The potential ramifications of a conviction against Black would send shockwaves throughout the international business community. And upon reflection, should federal commissions be assigned to investigate scandals of such drastic proportions?
Dec 5: The Montreal Gazette - Self-proclaimed event-brokers Adam Bultz and Dan Vigderhous' new company C3 Events Group Inc. organizes corporate galas, product launches, conventions/exhibitions, fashion shows and weddings. Staying true to their game plan has been the key to their success: "It's not our job to push budgets, but to meet them" Vigderhous said. Moreover, Dr. Clarence Bayne (DIA/DSA) thinks that C3 "is the right service to make life easier for small organizations at a lower cost in cash and limited manpower while also reducing bottlenecks."
Dec 5: The Montreal Gazette - The Gazette business calendar posts JMSB's Alumni Chapter event with guest speaker Danielle Silverman on Personal Branding for Greater Business Results.
Dec 3: The Montreal Gazette - "We're big boys too. We're not going to be pushed around" said Van Houtte president Jean-Yves Monette discussing invasions by Starbucks and Second Cup onto their home turf. Monette was recently honoured by the John Molson School of Business during the Awards of Distinction in November.
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Nov 30: Votre Argent (ARGENT) - Media tycoon Conrad Black, facing charges of fraud, will appear in court on December 1 to testify in his defense. Michel Magnan (Accountancy) discusses the trial, which is taking place in Chicago and could put Black behind bars for 40 years.
Nov 30: La Tribune/La Voix de l’Est - "Obviously, the lockout hurt the Montreal Canadiens' franchise" said Michel Magnan (Accountancy). Even though the team did not pay any players during the work stoppage, shareholder Molson-Coors claims the club lost $46 million as a result of the lockout. Last week, La Presse reported the team was pushing the provincial government to lower property taxes on the Bell Center; $8 million annually.
Nov 28: Marketing Magazine - In 2004, Kraft introduced its 'Sustainable Growth Plan' in an effort to streamline its operations and cut costs. As a result, the Canadian leg of its marketing operations will be integrated into its Illinois-based parent company in January 2006. Roughly 6000 employees will be cut loose by the time Kraft is through restructuring. "Companies more and more are taking a global approach and saying the same thing worldwide, so they have the same brand equity and the same brand promise and stature" said Harold Simpkins (Marketing).
Nov 28: CFCF News - Steven Appelbaum (Management) discusses Merck's doomsday predicament that it will be forced to cut 7000 jobs and close several plants in the near future.
Nov 28: CBME-FM (Radio Noon) - Credit card debt is very common and the holiday season only makes things worse. An IPSOS REID survey estimates that two thirds of Canadians put – at the very least – some of their gift purchases on credit. It is far too easy to overspend using a credit card comments Jean Freed (Finance).
Nov 28: The Montreal Gazette - Since 9/11 in 2001, airports tightened up on security for the safety of all passengers. Toy pistols, Swiss army knives, hunting bullets and many more potentially disruptive items will no longer make it into your carry-on luggage. "Can we take the chance? There is the answer" said Pierre Coutu (Aviation) who saw his two young sons cry after airport officials seized their water guns at the baggage claim before their Caribbean holiday last Christmas.
Nov 27: 940 News - Al Spain, Senior V.P. of Operations at Jet Blue Airways in New York City, discusses his honouring at John Molson School of Business' Awards of Distinction ceremony this year. Spain graduated in 1998.
Nov 25: The Hour - Jordan Le Bel's (Marketing) online course 'Marketing Yourself' got a brief mention in The Hour this week.
Nov 25: Globe and Mail - Applauded for its egalitarian business model, WestJet Airlines Ltd. has been fighting headwinds recently. An expansion into trans-border U.S. flights, a 40 per cent slide in stock value, and a nasty trial with Air Canada refuting accusations of espionage, has experts wondering if their business plan has been detrimental to their bottom line. Still, there are reasons to remain positive, comments Isabelle Dostaler (Management), "it's both the big and little incentives that make a difference to create WestJet's 'empowered' work force as it seeks a competitive edge over the unions at Air Canada."
Nov 24: The Montreal Gazette - In a letter to the Gazette, Dr. Jamshid Etezadi (Decision Sciences and MIS) stresses the importance of testing hardware and software prior to political elections. Sampling – as Etezadi calls it – requires a simple recount of no more than 1000 votes and assures the accuracy of the results.
Nov 23: CINW-AM - John Molson School of Business held its 18th annual Awards of Distinction ceremony at the Canadian Centre for Architecture last Monday, November 21, 2005. Those honoured were Le Château President, Ms. Emilia Di Raddo (BComm 80, GrDipl 81), Van Houtte President and CEO, Mr. Jean-Yves Monette (BComm 76), and Senior Vice President of Operations at JetBlue Airways, Mr. Alfred T. Spain (AMBA 98).
Nov 21: NBC Today Show/CNN Radio/CBS National Radio - Jordan Le Bel (Marketing) - teaching at Cornell University this year - made airwaves south of the border discussing his recent article "Affect Asymmetry and Comfort Food Consumption," in the journal Physiology & Behavior (Vol. 86, No. 4) on NBC's Today Show, CNN Radio and CBS National Radio.
Nov 21: The Montreal Gazette - Denise Deacon and Andrée Marceau, founders of Scrimega Research, help biotech and pharmaceutical companies carry out clinical drug trials. Since its inception, Scrimega has grown to 15 people and established a solid client base of pharmaceutical heavyweights. But a recent plateau in company growth has forced the twosome to rethink their strategy. Exploring all realms of your niche is important while searching for the next step in small business comments Dr. A. Bakr Ibrahim (Management). It "allows them to be more focused on a specific area in the market and put their advantages and capabilities in that area."
Nov 19: Les Affaires - The recent problems of the family firm, Jean Coutu, who have seen the value of the company on the stock market drop by almost half, is just one example of the particular challenges facing family businesses. Bakr Ibrahim (Management) underlines the importance of good governance as being even more important for family-run companies. Employing the right managers is the only way to ensure the survival of this kind of company. Michel Magnan (Accountancy) notes that family businesses tend to have a more closed corporate culture which can make it difficult to evaluate the competencies of family members.
Nov 19: Les Affaires - Awards of Distinction for three entrepreneurs: Emilia Di Raddo, President, Le Château, Jean-Yves Monette, President and CEO, Van Houtte, and Alfred Spain, Senior Vice President Operations, JetBlue Airways, are the recipients for the 18th award ceremony which will take place on Monday, November 21 in Montreal.
Nov 18: Daybreak (CBME-FM) - Jordan Le Bel, Associate Professor of Restaurant Management at Cornell, on leave from the John Molson School of Business, Concordia University, talks about confort food. A study shows that there are differences between men and women seeking comfort food.
Nov 18: La Presse - A year and a half after they joined the European Union, the eight new members from Eastern Europe including Poland, Czech Republic, Slovakia, and Hungary, are seeing their economies slow down. "It's like when the Berlin wall came down," explains Rick Molz (Management), "there is a small economic boom while people rush out to buy refrigerators, cars and furniture."
Nov 17: The World at Six (West)/CBC-R (National) - Harold Simpkins (Marketing) comments on the Supreme Court of Canada judging that Megabloks has the right to continue to distribute its toys in Canada. Lego tried to prove that the company is infringing on its patent.
Nov 15: CFCF News - Seeing a need to provide students with the right tools to find employment, Jordan Le Bel (Marketing) created an online course entitled 'Marketing Yourself.' It is devoted entirely to the development of job search skills.
Nov 14: Canada AM (CTV-TV) - Marketing Magazine's Stan Sutter, Christina Yu of Lowe Roche and Monica Ruffo of the Cossette Communication Group were on Canada AM this morning to discuss the Newspaper Advertising Design Challenge. Contestants Catherine Barry (JMSB) and Craig Ferguson (Humber College) also took part, and defended their designs.
Nov 14: The Montreal Gazette - Allergic to powerful fragrances? If so, your difficulties will not subside while the popularity of perfume continues to climb. Though some cities are taking action by restricting or banning the use of perfume in public places, a widespread ban is highly unlikely. Twenty years ago, "when a brand was launched, it was a six-month campaign. Now there are so many brands a week," said Hudson Bay Company buyer, Heather Josey. In fact, the industry is so strong that retailers always markup prices by at least 60% said Harold Simpkins (Marketing).
Nov 8: Capital Actions (RDI-TV) - Bombardier recently showcased its Challenger and Learjet aircrafts at an annual aviation industry conference in Orlando, Florida. Isabelle Dostaler (Management) said, "it is completely legitimate for Bombardier to seize all the opportunities they can in the business aviation sector."
Nov 7: La Presse - Michel Magnan (Accountancy) examines the possible reasons for Jerry Zucker's recent offer to buy the Hudson Bay Company. Despite HBC's poor performance over the past five years, Magnan presents a scenario where Zucker's one billion dollar offer could stand him to gain 100% return on his investment. "That HBC managed to lose the considerable advantage by misreading the market and missing their opportunity to change strategic direction shows weak leadership."
Nov 5: Les Affaires - Former Quebec Premier Jacques Parizeau feels the public's outcry over its provincial debt is being blown out of proportion saying "the federal government's recent annual surpluses have helped restore order." Michel Magnan (Accountancy) argues that the debt would be understandable if it had been for spending on infrastructure for transportation, education and health care. Unfortunately, the provincial government spent most of the money on current expenditure, much of which was employee salaries.
Nov 5: Les Affaires - Quebec's financial debt is a growing concern that has sparked debate. "Improving our systematic efficiency will help alleviate some of the heavy bureaucracy, but it will not save billions of dollars" said Michel Magnan (Accountancy).
Nov 3: Le Journal RDI (RDI-TV) - Isabelle Dostaler (Management) discusses Air Canada's decision to reduce in-flight amenities; a route the airline says is already paying dividends. As of November 2005, hot meals are no longer being served to passengers traveling within Canada and the United States.
Nov 2: L’Heure des comptes (SRC-R) - In her weekly chronicle, Isabelle Dostaler (Management) compares strategies for corporate growth through mergers versus acquisitions.
Nov 1: Ottawa Citizen - The Citizen takes an in-depth look the University of Ottawa's School of Management, comparing it with all Canadian business schools. Criteria included average GMAT scores (JMSB tied 4th with McGill), percentage female students (tied second with Alberta), and percentage international students (first place). "Running a business school is becoming an extremely expensive exercise," says Ottawa's Dean. "If you're competing at the international level, you're competing with schools that are extremely well funded and well endowed."
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Oct 29: The Montreal Gazette - "I think Bombardier is a great company, not a complacent one," said Isabelle Dostaler (Management) of the Canadian company. However, other industry experts are losing confidence due to Bombardier’s recent stalling on the production of their new C-series; an airplane many say lacks innovation and inspiration.
Oct 26: L’Heure des Comptes (SRC-R) - Isabelle Dostaler (Management) discusses Bombardier management's report about the possible construction of the new C-series aircraft.
Oct 24: The Montreal Gazette - Influential U.S. market analyst Robert Prechter headlined Montreal's annual conference for the Canadian Society of Technical Analysts on October 15. Prechter is predicting an economic downturn of monumental proportions in coming years; eerily similar to his – then ignored – predicament of 1987's market crash. Alan Hochstein (Management) sternly disagrees however, saying "Prechter is an entertaining speaker" - but there is no fundamental science behind his argument.
Oct 24: The Montreal Gazette - The JMSB Alumni Chapter Network for Business event on October 25 in the Faculty Club appeared the Gazette's Business Calendar.
Oct 23: Radiojournal (SRC-R) National - Isabelle Dostaler (Management) comments on transportation minister Jean Lapierre's approval of Bombardier's decision to go forward with the production of the C Series aircraft.
Oct 20: La Presse\The Montreal Gazette - New Concordia University president Claude Lajeunesse put the construction of JMSB's new facility at the very top of his list of initiatives. The new building should be finished by 2008, but not without provincial funding and the removal of Quebec's regressive tuition freeze. "All the signals are that we are getting the government to understand the John Molson School is an important asset to Montreal" said Lajeunesse.
Oct 20: Globe and Mail - John Molson School of Business took part in a recent global MBA survey performed by the World Resources Institute and the Aspen Institute. This new survey ranks programs on their provision for students with grounding in social and environmental responsibility. Stanford University placed first, followed by Schulich.
Oct 19: The Montreal Gazette - Montreal-based travel operator Transat AT is being pressured by New York-based hedge fund investor Sandell Asset Management to buy back at least $290 million of stock to create more value for shareholders. "It's part of what we call the free-cash flow problem," comments Lawrence Kryzanowski (Finance). Moreover, Sandell CEO, Thomas Sandell, has threatened to "pursue alternative methods to enhance value" if the company keeps stalling.
Oct 18: The Montreal Gazette - Rat racing in the big city has people reorienting themselves towards personal health and spirituality. Holistic therapies such as acupuncture, homeopathy, and polarity, offer stress relief; something the waiting room in the office of your family MD will not. "20 years ago, if you were in pain and traditional medicine couldn't help you, you simply lived with the pain. Now, people are looking for other ways" said Harold Simpkins (Marketing).
Oct 17: Globe and Mail - A study conducted by Martin Martens (Management) and graduate student Jean-Philippe Arcand, found that – on average – companies which kept their founders during IPOs had a 7.5% lower valuation than those who brought in new leadership. In post-IPO territory however, founder-led companies strengthened over a three year period with an average market-adjusted return of 12%.
Oct 7: L’Heure des Comptes (SRC-R) - Isabelle Dostaler (Management) talks about the corporate restructuring of Microsoft Inc.
Oct 3: La Presse - Voting rights are not the 'be all and end all' when it comes to investing in stocks. Michel Magnan (Accountancy) addresses corporate governance and how controlling shares are only one part of a significantly bigger picture.
Oct 3: Radio Noon (CBME-FM) - Jean Freed (Finance) addresses the advantages and disadvantages of working from home in a Montreal Matters roundtable discussion.
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Sep 28: Capital Actions (RDI-TV) - Michel Magnan (Accountancy) discusses the federal government's decision to freeze any future conversions of companies into income trusts.
Sep 28: The Montreal Gazette/The National Post - Paul Coffin's ethics lecture tour - part of his two-years-less-a-day conditional sentence – made its first stop at McGill yesterday, where he spoke to an undergraduate class in Introduction to Organizational Behaviour. Coffin offered to speak at JMSB, but the school "didn't feel comfortable having him teach here" said Dean Jerry Tomberlin.
Sep 17: The Montreal Gazette - Advert scam artist Paul Coffin - famous for his efforts in the 'sponsorship scandal' – begins a court ordered lecture on business ethics today at McGill University. Coffin, who is now 'sans-passport' and conforms to a weekday curfew between 9 pm and 7 am, has offered to prophesize advertorial sobriety at JMSB; the school has yet to make a decision.
Sep 27: The National Post - Journalist Duncan Mavin compiled a nationwide chart of MBA programs (including JMSB) as well as their unique selling points. Evidently, MBA students have serious decisions to make before digging deep for tuition fees.
Sep 26: Radio Noon (CBME-FM) - Jean Freed (Finance) takes a look at Registered Education Saving Plans which are similar to RRSP’s, but can be used strictly for your child’s educational future.
Sep 26: The Montreal Gazette (Getting Started) - Monica, Belinda and Donna Thornhill formed their own company, Belmonda, to distribute beauty products to a large number of salons in Pointe Claire. The trio attributes their success to shrewd market research prior to launching; something most entrepreneurs neglect. Skipping market research is common practice because "a lot of them don't want to hear the news that 'that's a silly idea, it won't' work" said Tom O'Connell (Management). "That's why the failure rate is so high; they get impassioned and emotional about their idea."
Sep 19: La Presse - Stephen Jarislowsky's newly formed initiative, the Institute for Governance of Private and Public Organizations has appointed business administrator and strategist Michel Nadeau and Lorne Switzer (Finance) as executive director and associate director respectively.
Sep 16: Votre Argent (Montreal) - Discussing the multimillion dollar Norbourg investment scandal, Dominic Peltier-Rivest (Accountancy) said money was laundered through a variety of transfers to and from phantom accounts.
Sep 16: L’Heure des comptes (SRC-R) - Google's exponential growth has transcended the notion of the online search or search engine as 'googling' has become a household term. "This is a cultural phenomenon and perhaps a form of American imperialism" said Isabelle Dostaler (Management). How do we begin to understand such a strange success?
Sep 13: The Montreal Gazette/Chronique Economique (CINF-AM) - Well-known shareholder-rights activist Stephen Jarislowsky is behind the newly formed Institute for Governance of Private and Public Organizations. The Jarislowsky Foundation has provided $2 million to get the joint venture between HEC and Concordia's John Molson School of Business off the ground. The centre wants to develop effective governance models for publicly listed companies as well as public-sector cooperatives and organizations such as hospitals.
Sep 14: La Presse/Le Soleil - "A lack on internal control would surely account for $5 million is misappropriated funds" said Michel Magnan (Accountancy), commenting on the recent Zenith Fund scandal. 500 to 700 small investors have been affected by Zenith controlling shareholder Denis Patry’s thieving business practices.
Sep 14: The Montreal Gazette - Suresh Goyal (Decision Sciences) in an interview with Gazette reporter Peggy Curran, states that "many of the woes facing the John Molson School of Business are textbook classics." Goyal feels hiring bonuses designed to make up the difference between the typical professor’s salary and the wages he or she could earn in the corporate world play a large role in defining JMSB’s fiscal imbalance.
Sep 13: Globe and Mail - Relations between management and employees at Air Canada are sinking as fast as the Titanic due to redesigned uniforms unveiled by pop diva Celine Dion. "There are therapists for marriages, so maybe there needs to be corporate counseling at Air Canada" said Isabelle Dostaler (Management).
Sep 13: Globe and Mail - "These are still tough times" said Isabelle Dostaler (Management) in reference to the airline industry desperately trying to cope with crippling fuel costs. Delta Air Lines Inc – a major Bombardier customer – has reportedly sought bankruptcy protection. Its effect on Bombardier, however, should remain limited as Delta has a backlog of firm orders for 18 CRJ-200s.
Sep 10: La Presse - Michel Magnan (Accountancy) will regularly take part in a financial forum in Montreal's La Presse on Mondays and Fridays. These forums, aimed at complimenting the "Affaires" section, will also feature steady contributions from former Loto-Québec and SAQ Chairman, Gaétan Frigon, Cirano fellow associé, Louise Roy, as well as business administrator and strategist, Michel Nadeau.
Sep 8: L'Heure des comptes (SRC-R) - Hoping to prevent a hostile takeover, LA RONDE owner, Six Flags, put the theme park on the selling block this past August. Isabelle Dostaler (Management) comments on this, and discusses other maneuvres companies can use to avoid akeovers.
Sep 6: Globe and Mail - Air Canada's foundation is built primarily on the back of its non-stop flights to Asia via Toronto’s Pearson International Airport. Moreover, "Air Canada's Toronto-Asia flights could get a further boost if the airline orders new Boeing 787 Dreamliners" said Isabelle Dostaler (Management).
Sep 3: The Montreal Gazette - Sleeping in the suburbs has never been so dreamy since the arrival of Susan Szacz’s sex shop, La Boutique Osée. Osée has triggered openings of similar boutiques in suburban Montreal over the past year. "The gradual influx of sex stores in suburbia stems from the overall liberalization of sexual mores in North American society" said Harold Simpkins (Marketing).
Sep 1: CBVE-FM (Quebec) - As gasoline prices continue to hover around $1.34 per litre, Lorne Switzer (Finance) feels pressure on the federal government to lower gasoline taxes will increase.
Sep 1: CBME-FM (Daybreak) - Lorne Switzer (Finance) interviewed on the huge jump in the price of gas at the pump to 1.35$/litre in the Montreal area. There has been a big reduction in refining capacities and Canadian gas prices are following global market changes, says Switzer.
September: Commerce (Montreal) - L'étrange Dov Charney - discusses the 'capitalist with a social conscience' philosophy of the founder of American Apparel. Harold Simpkins (Marketing) suggests that this could be a cover which acts as a very useful promotional tool for attracting a certain target market who are susceptible to this kind of thing.
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Aug 29: Radio Noon Montreal (CBME-FM) - Taking phone calls on Radio Noon, Jean Freed (Finance) commented on student budget prioritization, the recent Norbourg scandal and investing in Bell Canada.
Aug 27: La Presse - Dominic Peltier-Rivest (Accountancy) feels a lack of internal safeguards led to the recent scandal at Norbourg Asset Management. "Investors must put their investments in the hands of organizations that have strong internal controls - in order to prevent fraudulent activities" said Peltier-Rivest.
Aug 27: The Montreal Gazette - Lawrence Kryzanowski (Finance) addresses the freeze put on Norbourg Asset Management Inc last Thursday, August 25. Investors risk significant losses due to the shady business practices of president Vincent Lacroix. Unfortunately for investors the scam was uncovered too late as the majority of the Norbourg board is comprised of "ex-Caisse de dépôt people, friends of Lacroix," said Kryzanowski.
Aug 25: www.canoe.qc.ca - In an article, following a recent trend of articles criticising MBAs, Dominic Peltier-Rivest (Accountancy) defends citing JMSB's specialized MBA programs. Peltier-Rivest says that as with any product, MBA Programs have to be continuously updated in order to reflect the changes in the market, which means offering new courses.
Aug 22: The Montreal Gazette - Dean Jerry Tomberlin issues a statement in response to JMSB's $2.5 million deficit. In it, he cites tuition freezes and lower grants for business schools - in combination with JMSB's commitment to provide a first-rate educational experience - as sources for the fiscal imbalance.
Aug 16: CBME-FM Montreal - Lorne Switzer (Finance) discusses escalating gas prices and ensuing public resentment. The marketplace must be altered by avoiding SUVs in favour of more economical options like Smart cars or Toyota Echoes. This change is unlikely to happen however, until gas prices climb over $1.50 per litre.
Aug 16: The Montreal Gazette - Jordan Le Bel (Marketing) and Harold Simpkins (Marketing) address 'Fashion Flop' Complexe Les Ailes. The luxuriously renovated department store was recently sold to Toronto retailer Isaac Benitah at a loss of $36 million. "Les Ailes tried to be all things to all people, and ended up being nothing to anyone in the end," said Le Bel. Meanwhile, Simpkins suggested "putting a storefront at the far end of the mall instead of on Ste.Catherine Street was its kiss of death."
Aug 11: The Gazette/CFCF News/CBC News/Ottawa Citizen - JMSB’s $2.5 million debt has hit newsstands across Canada. Dean Jerry Tomberlin responds by citing the provincial government's decision to change the rules that had allowed professional schools to keep differential fees paid by foreign students enrolled in specialized programs as the main cause for the deficit.
Aug 9: CFCF-TV Montreal - Rising oil costs have sent gas prices through the proverbial roof. Lorne Switzer (Finance) comments on the recent surge, suggesting threats of terrorism in Saudi Arabia and the closing of significant oil refineries in the United States are contributing factors. Switzer feels Canadians had better get used to paying more than one dollar per litre.
Aug 9: CINW-AM Montreal - Jordan Le Bel (Marketing) comments on Ailes de Mode's $6.2 million sale of its four stores to Fairweather.
Aug 9: Daybreak (CMBE-FM) - In an interview, Lorne Switzer (Finance) discusses rapidly escalating North American gas prices. Switzer looks at varying factors and believes fossil fuels to be an industry of unpredictability.
Aug 8: CBC News: Business Weekly - Isabelle Dostaler (Management) comments on Bell Helicopter’s new $2.2 billion contract with the U.S. military. Insiders expect this contract to create hundreds of jobs in the Montreal area.
Aug 7: Le Journal de Montreal - Professor and chocolate specialist Jordan Le Bel (Marketing) discusses the introduction of eight new Cadbury bars to be sold solely in Quebec. The new bars – most of which are 100 calories or less – show the company’s ability to adapt to the needs of their consumers in an evolving marketplace.
Aug 5: CBC Radio, Day Break - Isabelle Dostaler (Management) talks of Air Canada's significantly improved operating results following the announcement of their second quarter of 2005 financial performance.
Aug 4: The Gazette/CBF-FM, Montreal/CINW-AM (Montreal) - Zoning restrictions and neighbouring Ville Marie residents have altered JMSB's plans for a new building at the South-West corner of Guy St. and de Maisonneuve Blvd. The opposition has dropped the building's height from ninety meters to a maximum of eighty. Construction costs have also dropped from an estimated $80 million to $65 million, said Concordia spokesperson Dennis Murphy.
Aug 3: Sans Frontieres/SRC-R (National) - Isabelle Dostaler (Management) discusses the impact of Air France’s August 2 crash landing at Pearson International Airport in Toronto, on the Airline Industry. Although every airline dreads such an event, Dostaler said "the absence of casualties will keep its effect at a minimum".
Jul 30: The Montreal Gazette - Turmoil at CIBC throughout 2005 has a led to a shakedown in the executive. Concordia graduate, Gerald McCaughey - who's been with the institution since 1990 – has ended John Hunkin’s scandal-laden reign as CEO. Still, JMSB's Suresh Goyal (Management) feels that even with the change in leadership, things will remain the same: "when somebody leaves and the second-in-command takes over, usually nothing changes much".
Jul 28: CBME-FM (Montreal)/Radio Noon - Jean Freed (Finance), former treasurer of a major Canadian corporation, now a financial advisor and part-time lecturer at Concordia, discusses the biggest financial priority for people in their forties.
Jul 25: Canal Argent - Dr. Michel Magnan (Accountancy) discusses the future of the Canadian pulp and paper industry.
Jul 21: The Hour (Montreal) - Former Concordia media and communications lecturer Zsolt Szigetvari, along with part-time JMSB instructor John Connolly develop search engine, Zenome.com, as a response to Google.
Jul 21: CBME-FM (Montreal)/Radio Noon - Personal Finance - what are the biggest priorities for people in their thirties? Shopping for mortgages, contributing to a RRSP, and credit card debt. At 30, your student load should be reimbursed, says Jean Freed (Finance) and Financial Advisor, and remember that if you travel it's cheaper to fly out of the U.S.
Jul 20: CBV-R (Quebec) - Jordan Le Bel (Marketing) discusses retail giant Metro’s acquisition of A&P. Reaction has been mixed as Quebec farmers and distributors will benefit, while smaller suppliers will struggle and may have to regroup.
Jul 18: The Montreal Gazette - Turning hobbies into careers is what many baby boomers hope to do as they enter retirement. With age, health becomes a factor and happiness at work equals peace of mind. Dr. Steven Appelbaum (Management) believes that baby boomers are intellectually strategic and will plan a way to keep busy – and make money during retirement - when mid-life hits.
Jul 16: The Montreal Gazette - Controversial American Apparel owner, Don Charney, is in town visiting his five – and soon to be six – outlets in the Montreal area. Under fire for his use of employees and clients in his often provocative ad campaign, not to mention an open lifestyle which may have contributed to recent accusations of sexual harassment. Still, Harold Simpkins (Marketing) firmly believes that American Apparel must push every advertorial limit if they desire to be noticed in our sexually saturated marketplace.
Jul 14: Globe and Mail - Zenome: A human touch to searching the Internet - John Connolly (JMSB) and Zsolt Svigetvari (Communication Studies) describe their innovative internet search directory: zenome.com, where editors, not algorithms, decide relevancy for search results.
Jul 12: CFCF-TV (Montreal)/CFCF News - Harold Simpkins (Marketing) and members of the Black Coalition of Quebec speak to CFCF News about the controversial packaging of a strawberry candy sold at Couche-Tard. The packaging features a cartoon drawing of a black man that many believe is sexist.
Jul 9: CBC-NW (Toronto) - Arvind Jain (Finance) discusses the recent pledge by G8 leaders to double aid to Africa.
Jul 8: CKMI-TV (Montreal) - Jordan Le Bel (Marketing) comments on the imminent price changes for Molson, Coors and Labatt, and the potential effects this may have on business.
Jul 7: CBC-TV - Isabelle Dostaler (Management) was interviewed by Ian Flett from Newsworld Business News about the possible impact of the London terrorists attack on the aviation industry.
Jul 4: The Ottawa Citizen - Who we’ll choose to play footsie with is a matter of evolution, study finds – Gad Saad (Marketing) discusses cultural practices and adaptive responses with regards a recent study which indicates men’s predilection for women with small feet.
Jul 4: Starphoenix (Saskatoon) - Men attracted to women with smallest feet: study – Gad Saad (Marketing) comments on the evolution of cultural practices in response to the results of a recent study which indicates that men prefer women with small feet.
Jul 4: Canwest News Service - Study gives boost to sexual preferences – Gad Saad (Marketing) discusses the results of a cross-cultural study of the attractiveness of feet, ‘Some cultural practices don’t simply arise from a mysterious place. They seem to be an adaptive response to an ancestral problem. Fashion trends today, cosmetic lines all exist to accentuate evolved preferences’.
Jul 4: Edmonton Journal - Sex-appeal study finds size really does matter – foot size, that is – Gad Saad (Marketing), preeminent Canadian theorist of the impact of evolution on consumer behaviour, discusses the results of the first-ever cross-cultural study of foot-size preference.
Jul 4: Kingston Whig-Standard - Men attracted to women with smaller feet, cross-cultural study finds - Gad Saad (Marketing) describes the impact of adaptive response on evolution, responding to the recently released results of a Californian study which tests the idea that people find smaller feet more attractive.
Jul 2: Les Affaires - Quatre diplômés tenaces – Four graduates from the Goodman Institute 2005 MBA program: Colette Tom, Alex Giannou, Naoum Raymond Tabet and Scott Turner, will be honoured in a gala evening held in mid-July at the Mount Royal Centre.
Jun 30: CKOO-FM (Verdun) - Jordan Le Bel (Marketing) discusses the launch of Cadbury’s new chocolate maple bar.
Jun 30: La Presse - Bâtisseurs de Concordia honorés – Four generous donors: Leonard Ellen, President of the Ellen Family Foundation; Eric Molson, President of Molson, Coors Brewing; Richard Renaud, President and Managing Director of TNG; and Jonathan Wener, President and Managing Director of Canderel, were honoured at the future site of the new building for the John Molson School of Business.
Jun 20: Globe and Mail - Pilots deal Air Canada revival plan big setback - Dr. Isabelle Dostaler (Management) comments on Chairman, Robert Milton's threat to cancel a $6-billion U.S. order for 32 new planes unless pilots agreed to a labour deal. Unfortunately, the gamble has backfired as pilots have rejected the pay deal and Air Canada are forced to scrap the order for new Boeing 777s and 878 Dreamliners.
Jun 20: CBF-FM (Montreal) - Dr. Isabelle Dostaler (Management) comments on Air Canada's cancelled order for 32 new Boeings. Air Canada's plans to improve their image as a top air carrier will have to be revised but with a smaller flight stock they should be in a better position to cope with the tough times ahead.
Jun 20: ROB-TV (Toronto) - Dr. Isabelle Dostaler (Management) discusses Air Canada pilots' union's rejection of their latest offer and the resulting cancellation of their order for new Boeings.
Jun 20: CBC-NW (Toronto)/CBC News: Business - Dr. Isabelle Dostaler (Management) debates Air Canada's cancelled deal due to a failure to resolve a dispute with pilots' unions.
Jun 20: CBC-NW (Toronto)/Canada Now (National) - Dr. Isabelle Dostaler (Management) discusses the $6-billion Boeing contract which has been cancelled because airline pilots voted down a new contract.
Jun 20: CBFT-TV (Montreal) - Dr. Isabelle Dostaler (Management) talks of the Air Canada's cancelled order for 32 Boeings following the refusal of their airline pilots to accept their latest concessions. Now with the rise in petrol prices Air Canada will be forced to increase their prices.
Jun 19: The Montreal Gazette - Dear old Dad – Robert Soroka (Marketing) debates why more emphasis is placed on Mother's Day than Father's Day. As a father himself, Soroka argues that the role of fathers has evolved significantly over the past two decades and therefore they should be celebrated in the same way as mothers.
Jun 18: La Presse - La grande toile de Mount Real – Dr. Michel Magnan (Accountancy) comments on another Montreal company, like Norshield and Cinar, whose management of funds is coming under question. Over the past seven years Mount Real have amounted debts of $58 million and have no cash flow; a situation which sooner or later demands to be questioned.
Jun 18: Les Affaires - Le financement demeure une pierre d'achoppement – Thomas O'Connell (Management) is quoted on the lack of financing available to First Nation entrepreneurs. The problem is that too often the funding goes to the consultants who evaluate the proposals. They give negative evaluations to First Nation projects not wanting them to compete with their own ventures.
Jun 14: La Presse - Fini le marketing de masse, l'heure est au ciblage et au profilage - Michel Bergier (Marketing) comments on the growing trend towards marketing strategies tailored to the individual consumer. While loyalty cards can increase sales, Bergier contends that they also provide an invaluable source of information about the clientele and their buying habits.
Jun 14: RDI-TV (Montreal) - Dr. Isabelle Dostaler (Management) speaks about the challenges facing Bombardier following their announcement that they will build the new CSeries aeroplanes at their Mirabel site.
Jun 13: SRC-R (Montreal) - Dr. Isabelle Dostaler (Management) discusses how the Bombardier CSeries contributes to Montreal's position as a leader in aeronautics.
Jun 13: Le canal argent - Dr. Isabelle Dostaler (Management) discussed Bombardier's announcement that they will build the new CSeries aeroplanes at their Mirabel site, ending months of speculation.
Jun 7: Super 500 (Commerce et Affaires) - CGI en Virginie - Dr. Bouchaïb Bahli (Decision Sciences and MIS) comments on the continuing growth of CGI since their partnership with the American firm AMS in May 2004. AMS are an IT consulting company with 30 years experience, working mainly with government and large organizations. Growth in this sector is expected to be at 7% per annum over the next 5 years, with cost reduction being the motivation for contracting companies such as CGI-AMS.
Jun 7: Super 500 (Commerce et Affaires) - Quand la conquête tourne mal - Dr. Michel Magnan (Accountancy) is quoted on Molson Breweries first acquisition outside Canada. In March 2002, Molson bought the second largest brewer in Brazil, Cervejaria Kaiser, leading to a loss of 46.5 million dollars. Dr. Magnan explains that all mergers that take place within a country are a huge challenge but when you add a different culture, language, and market, the challenge doubles.
Jun 6: La Presse - Mythes et réalités - Dr. Michel Magnan (Accountancy) explains the truth behind some of the myths surrounding renumeration packages for senior executives. Dr. Magnan describes how certain reward systems, thought the be fair can in fact conceal incompetence or collusion.
Jun 6: SRC-R (Montreal) - Dr. Isabelle Dostaler (Management) discussed the new International Terminal of Pierre Elliott Trudeau Airport which will be officially opened on Wednesday, June 15, 2005. Following a worldwide trend for providing additional services for airport customers, the terminal houses a duty free shop of over 14,000 square feet.
June: Commerce Edition - Le facteur de tolérance réduit à zéro - Dr. Michel Magnan (Accountancy) is quoted on the Enron affair and the impact it has had on how corporate governance is handled. Dr. Magnan also comments on how Canadian companies were ahead of other countries with the Day Report in 1995, which proposed a series of measures to improve corporate governance, followed by the Saucier Report which came out before the Enron scandal in 2001.
May 31: CHOI FM (Quebec City) - Dr. Jordan Le Bel (Marketing) was interviewed on the announcement by SAQ that the company is losing millions due to people buying wines out of the province.
May 30: CKMI-TV (Montreal) - Dr. Jordan Le Bel (Marketing) commented on the 'Dollar Cinema', Montreal, a unique marketing move which offers tickets and popcorn at only one dollar.
May 27: RDI-TV (Montreal) - Dr. Isabelle Dostaler (Management) was interviewed about the brand new CRJ-705 aeroplane acquired by Air Canada Jazz from Bombardier. Air Canada are the only company so far to have bought one of these planes.
May 24: RDI-TV (Montreal)/Capital Actions - Dr. Dominic Peltier-Rivest (Accountancy) discussed the forensic accountancy firm, Kroll Lindquist Avey, engaged by the Gomery Commission to investigate financial data and evidence.
May 24: TQS-TV (Montreal)/Le Grand Journal - Dr. Jordan Le Bel (Marketing) commented on the new chewing gum packaging launched recently by Wrigley which looks like a packet of cigarettes.
May 21: La Presse - Pour rendre la rémunération plus équitable - Dr. Michel Magnan (Accountancy) is quoted on limiting payouts to top executives by giving indexed stock options as part of their remuneration package. Dr. Magnan pointed out that for the past 25 years University researchers have considered this type of package a good model of practice, however it is unpopular with executives.
May 20: Les Affaires - Une rémunération méritée ? Pas toujours... Dr. Michel Magnan (Accountancy) comments on the large proportion of remuneration packages for top executives that are no longer linked to performance.
May 16: La Presse - Divulgation et non délation – Dominic Peltier-Rivest describes how the majority of fraud in the United States is detected thanks to anonymous disclosure programs. These programs are more effective than verification tests, periodically conducted by internal controllers and accountancy firms.
May 14: CJAD-AM (Montreal) - Dr. Dale Doreen (Decision Sciences and MIS) discussed Jetsgo being declared officially bankrupt.
May 14: Les Affaires - Concilier profits et planète, c'est possible - mention of the Sustainable Business Conference in March 2005, organised by JMSB.
May 14: Les Affaires - St-Hubert réalise un coup fumant de marketing - Dr. Jordan Le Bel (Marketing) commented on the the restaurant chain succeeding in getting media coverage by announcing twice that they had banned smoking in all of their restaurants, once last January, before everyone else, and then again on May 2.
May 9: CBJ-FM (Chicoutimi) - Discussed the article in La Presse by Dr. Michel Magnan (Accountancy), published the same day, concerning the future of Alcan in Quebec.
May 9: La Presse - Contrer Alcoa – L’Avenir d’Alcan ne passe plus par le Canada et le Québec – Dr. Michel Magnan (Accountancy) said that historically, Alcan had its head office here in Quebec as well as its plants but it doesn’t appear that will be the case in the future.
May 8: London Sunday Times - Younger siblings are life’s risk takers – Dr. Gad Saad (Marketing) is quoted as saying that only sex has a stronger influence on personality traits than birth order.
May 5: National Post - Michaud lambastes Bombardier – Dr. Michel Magnan (Accountancy) said that Mr. Michaud has a nose for emerging issues and executive compensation is one of them.
May 2: The Montreal Gazette - A corporate workout- keeping strategically fit – Dr. Steven Appelbaum, Concordia University Research Chair in Organizational Development invited Dr. Michael Beer, Business Administration Professor Emeritus at Harvard University to give a talk entitled, "Overcoming the Silent Killers to Commitment and Performance: Toward a Theory and Method of Organizational Development". Dr. Beer said the purpose of management is to be "fit" enough to foster company performance and to develop commitment from its employees. He said that the problem is that you can get people on board in a company but unless everyone understands that company's economic purpose, there won’t be a significant difference in performance. He also said that collusion to avoid honest conversations, or trying to fix things with top-down solutions are what he call the "silent killers" in organizations.
May 2: The Montreal Gazette - Parental pressure doesn't pay – Harold Simpkins (Marketing) discussed students from immigrant families defying their parents to study marketing. He said that many parents feel that any course of study that doesn’t lead to a degree in medicine, law, accounting or engineering is not worth pursuing. He went on to say that pushing children to study in disciplines that lead to careers that neither play to their strengths nor engage their interests leads to sad results.
May 2: Argent - Dr. Jordan Le Bel (Marketing) discussed the merger between Gillett and Procter & Gamble. He explained that the companies decided to merger to create more competition for Uni-lever.
May: Maisonneuve Magazine - Selling Progressive – Dr. Lea Prevel-Katsanis (Marketing) discussed the company American Apparel and the trend toward combining social issues and marketing.
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Apr 28: CBMT-TV (Montreal) - Dr. Michel Magnan (Accountancy) discussed Alcan and the small pressure group called ALCAN’T that is supporting worker in India.
Apr 28: CBC-NW (Toronto) - Dr. Michel Magnan (Accountancy) discussed Alcan coming under fire from a protester group in India for displacing village residents.
Apr 26: Globe and Mail - Air Canada bets $6-billion on future - Dr. Isabelle Dostaler (Management) said that Air Canada knows its money is on international routes. In the same article, Dr. Triant Flouris, Director of the International MBA Program said that Air Canada has opted for a prudent strategy by ordering from Boeing.
Apr 25: SRC-R (Montreal) - Dr. Isabelle Dostaler (Management) discussed Air Canada’s choice of Boeing over Airbus to modernize its fleet.
Apr 25: CBMT-TV (Montreal) - Dr. Isabelle Dostaler (Management) discussed Air Canada buying 32 new planes from Boeing. Air Canada used to buy from Airbus but it now believes that the 777 and 787 are better in the long run.
Apr 25: CBC-NW (Toronto) - Dr. Isabelle Dostaler (Management) discussed Air Canada buying new aircraft from Boeing.
Apr 25: SRC-R (Montreal) - Dr. Isabelle Dostaler (Management) discussed Air Canada buying 32 jets from Boeing for $7.5 million.
Apr 25: RDI-TV (Montreal) - Dr. Isabelle Dostaler (Management) discussed Air Canada adding new routes to Latin America and China.
Apr 25: RDI-TV (Montreal) - Dr. Isabelle Dostaler (Management) analysed the choices and possible financial arrangements that Air Canada made to modernize its fleet.
Apr 25: The Montreal Gazette - Lofty loonie spurs growth strategy – Dr. Lorne Switzer (Finance) discussed currency fluctuations having affected companies differently. He went on to say that commodity exporters have done well because strong commodities prices have kept demand strong despite the fall in the US dollar, but that Canadian exporters that have a local content component could be hurt.
Apr 23: Les Affaires - Dr. Kathleen Boies (Management) discussed whether leadership was a talent you are born with or a talent that you acquire.
Apr 18: CFCF-TV (Montreal) - Dr. Isabelle Dostaler (Management) discussed the fact that Robert Milton has been keeping a low profile in recent months.
Apr 18: CBC-NW (Toronto) - Dr. Jordan Le Bel (Marketing) discussed McDonald’s achieving higher than expected sales due to a better marketing campaign and healthier foods.
Apr 16: Les Affaires - Dakis aide à mieux servir le client – Dr. Bouchaïb Bahli (Decision Sciences & MIS) answered the following: The Challenge: Even though the retail sector has been somewhat revived, certain areas concerning new technologies have not been implemented. Many of Systéme de Décision Dakis’ potential clients are focused on the day-to-day running of their business and do not take the time to stop and look at the future. The President of Dakis, Phillippe Hugron asks how divert these potential clients from their daily routine and prove to them that his company’s solutions are not that futuristic. The Advise: When a young entreprenuer approaches a client, the first thing he has to be able to do is to clearly present the advantages that the technology will bring and provide a comparative study that supports the technology. In addition, the technology has to be as easy as possible to use. Dr. Bahli went on to say that social influences also enter into it. If he sees someone is using a new technology, he is also tempted to use it too. In addition, it is in the best interest of the young entrepreneur to present a range of pilot projects with his clients who are the most open to technological innovation. In order to ensure that they are receptive to these pilot projects, he should not hesitate to pay them to try then out or even better, show then how to make a profit from using them.
Apr 13: CBMT (Montreal)/Canada Now - Dr. Jordan Le Bel (Marketing) discussed that McDonald’s restaurants are jumping and that it credits this to its new marketing campaign and healthier food but not everyone is convinced.
Apr 13: CBC-NW (Toronto)/Business - Dr. Jordan Le Bel (Marketing) discussed that McDonald’s showed a profit for its latest quarter.
Apr 11: La Presse - Prêt à décoller? In a full-page article, Dr. Michel Magnan (Accountancy), discussed what strategic decisions had to be taken by Bombardier before launching their new CSeries aircraft.
Apr 11: La Presse - Jetsgo devra sécuriser ses appareils – Dr. Triant Flouris – Director Aviation MBA Program, discussed that Jetsgo could continue to fly providing that it complies with Transport Canada’s security standards.
Apr 11: Globe and Mail - CanJet plans "steady growth, one airplane at a time" – Dr. Isabelle Dostaler (Management) discussed CanJet carving out a niche in Canada's airline industry that includes chartered service offered by Skyservice Airlines Inc. and Transat A.T. Inc. She also said that as Mr. Leblanc plans are uncertain, there is an opportunity for CanJet, especially in the summer season.
Apr 11: CBF-FM (Montreal)/Les Nouvelles - Dr. Isabelle Dostaler (Management) discussed CanJet and its position in Canada’s airline industry.
Apr 11: The Montreal Gazette - Dr. Martin Martens (Management) was featured in a full-page article on assigning John Molson MBA students to work with local companies to apply the theoretical knowledge they learned in his class. In this case, a four-person team created a strategic map for Oz Communications, a local high-tech firm that develops software to enhance cell phone functionality. Strategic mapping is a sophisticated technique used to systematically document an organization’s management knowledge and involves extensive research on the company and interviews with management. It assumes a company’s managers and employees know a lot more than they think they do. The process helps draw that knowledge out and gets managers personally involved in the planning and gives them a tangible stake in the outcome.
Apr 7: Journal des Affaires - Dr. Bouchaïb Bahli (Decisions Sciences & MIS) discussed how to serve customers better by introducing IT devices in grocery stores such as Provigo.
Apr 5: CBMT TV (Montreal)/Canada Now - Dr. Isabelle Dostaler (Management) discussed Exeltech Aerospace laying off its workers as Jetsgo was its biggest customer. Exceltech has now signed on five new customers.
Apr 5: CBC-NW (Toronto)/CBC News - Dr. Isabelle Dostaler (Management) discussed Exeltech Aerospace laying off its workers after Jetsgo went under. Fortunately, many of the employees have been rehired.
Apr 2: CBME-FM (Montreal)/Regional News - Harold Simpkins (Marketing) discussed the Wal-Mart employees’ negative vote for unionization in Brossard.
Apr 2: CBF-FM (Montreal)/Les Nouvelles - Harold Simpkins (Marketing) discussed the Wal-Mart vote at the Brossard location which was 51 in favour of unionizing and 149 against.
Apr 1: Argent (Montreal)/Votre Argent - Dr. Isabelle Dostaler (Management) discussed Bombardier’s financial results.
Apr 1: CBME-FM (Montreal)/Regional News - Harold Simpkins (Marketing) discussed the upcoming vote in Wal-Mart’s Brossard store to unionize. He also said that many people predict that Wal-Mart will leave Quebec before allowing unions into its stores.
April: Montreal Business Magazine - CFA – punishment and promotion all in one – Dr. Alan Hochstein said that students in the Goodman Institute of Investment Program are telling him that having just an MBA is no longer a point of differentiation in the business community with so many people able to obtain one.
Mar 24: The Montreal Gazette - Chocoholics, take heart - Dr. Jordan Le Bel (Marketing) along with Dr. Alain Dagher, Montreal Neurological Institute Researcher, David Howes, Concordia Anthropologist, and Joe Swartz, McGill Chemistry Professor and Nutrition Lecturer, participated in a panel discussion at McGill University on the merits and properties of chocolate.
Mar 24: La Montreal Presse - St-Hubert dans la ligne de mire de Boston Pizza – Dr. Jordan Le Bel (Marketing) said that Boston Pizza's chances of success were good in Quebec. He also said that in the U.S. the "casual food" market was growing at 10 or 11% while the "fast food" market was only growing at 2 or 3%. He went on to say that St. Hubert had good reason to be worried.
Mar 24: The Montreal Gazette - Boston Pizza expands plan – Dr. Jordan Le Bel (Marketing) discussed Boston Pizza’s plan to open 50 restaurants in Quebec. He went on to say that putting so much investment into a Quebec expansion made sense as the province has the highest proportion of single-dweller households in the country.
Mar 24: Le Journal de Montreal - Le Chocolat est bon pour le cœur et pour la libido – Dr. Jordan Le Bel (Marketing) said we are now seeing an interest in chocolate for health reasons that we had not seen before. He also said that we are now seeing a dark-chocolate industry developing.
Mar 19: The Expositor - Far beyond the Louvre: Museums -- what they stand for, the treasures they hold and the people who decide what should go in them are in the midst of profound change. The elite voices of cultural authority represented by the Louvre, the Prado or the British Museum find themselves competing for attention with thousands of virtual "micro-museums'' assembled by passionate individuals to preserve the historical and the hysterical. In discussing the popular British Columbia-based photo-sharing site, Flickr, which has become gallery central for an impressive collection of propaganda images from China's cultural revolution, Dr. Gad Saad (Marketing) said that such artifacts aren't valuable in monetary terms, but for the ideas they generate and the relationships and connections they inspire.
Mar 19: SRC-R/Les Affaires & La Vie - Dr. Isabelle Dostaler (Management) discussed Jetsgo filling for bankruptcy protection after a little more than two years in existence.
Mar 19: CBME-FM/Radio Noon - Dr. Harjeet Bhabra (Finance) discussed the Air India verdict and that many people are calling for a public inquiry.
Mar 19: Global TV - Harold Simpkins (Marketing) discussed the Federal Conservative Party policy convention that took place in Montreal. He also discussed that Stephen Harper is trying to make his party more moderate.
Mar 19: CFCF-TV - Maryann Smith, who organized the DSA Sports Business Conference, gave advise to students on how to break into the field.
Mar 19: www.illicohodes.com - Recrutement à grand impact auprès des étudiants - Cherine Zananiri (Career Placement Centre) was interviewed for the on-line human resource centre.
Mar 17: La Presse - ConjuChem paie très bien ses dirigeants – Dr. Michel Magnan (Accountancy) said that ConjuChem paid its executives very well. He also said that high-tech, small “start-ups” often give stock options as salary as it reduces the use of cash.
Mar 17: The Montreal Gazette - If they aren’t guilty, who is? – Dr. Harjeet Bhabra (Finance) said in reference to the Air India verdict, that there is a sense of relief in the community that is not based on the verdict being one way or another, but that at the end of the day there was a verdict.
Mar 16: La Presse - Les technologies joueront un grand rôle – Dr. Isabelle Dostaler (Management) discussed how Bombardier has to use new technologies to be successful in producing the C Series airplane.
Mar 16: La Presse - Les technologies joueront un grand role – Dr. Triant Flouris, Director of the Aviation MBA Program, said that the main selling feature of the C Series is that it can travel distances up to 5,600k without refuelling.
Mar 16: CJAD-AM (Montreal) - Dr. Michael Carney (Management) discussed that there was a lot of activity in Air Canada and Westjet shares before the demise of Jetsgo.
Mar 15: CJAD-AM (Montreal) - Dr. Michael Carney (Management) discussed that the any increase in airfare due to Jetsgo’s demise will likely be temporary.
Mar 15: Le Nouvelliste - La grogne règne chez les employés – Dr. Michel Carney (Management) said that Jetsgo’s demand that their pilots pay a substantial amount to be trained is without precedent.
Mar 15: La Presse - Une dernière paie – Dr. Michel Carney (Management) said that Jetsgo’s demand that their pilots pay a substantial amount to be trained is without precedent.
Mar 14: The Montreal Gazette - Shopping like a stylish first-born - Dr. Gad Saad (Marketing) discusses how birth order affects or even helps dictate consumer habits. He builds on recent Darwinian research on birth order and personality which posits first-borns tend to be less adventurous and innovative because they don't need to stand out to garner their parents' attention.
Mar 12: The Montreal Gazette - Jetsgone: passengers left in lurch – Dr. Michael Carney (Management) said that the questions about Jetsgo safety as well as CEO, Michel Leblanc, squeezing the last drop of value out of very old aircraft was the last straw for the airline.
Mar 12: The Ottawa Citizen - Upstart carriers doomed in risky business climate – Dr. Michael Carney (Management) said that people can make a lot of money in discount airlines over a narrow period but it is incredibly risky.
Mar 12: La Presse - Une image ternie à jamais – Dr. Dale Doreen (Decision Sciences) said that Jetsgo should demonstrate its remorse by offering its clients financial compensation if it wants to go back into business after paying off its creditors.
Mar 12: La Presse/www.webfin.com - L’aviation et le goût du risque dans le sang – Dr. Michael Carney (Management) said that there is a chance that Jetsgo can survive after restructuring and that Michel Leblanc is not going to disappear as he has aviation in his blood.
Mar 12: The Montreal Gazette - Profit the priority: Charney – CEO Dov Chaney of American Apparel said that to him sustainability means providing people with good jobs. He spoke at John Molson’s first Sustainable Business Conference.
Mar 11: SRC-R (Montreal) - Dr. Isabelle Dostaler (Management) said, with respect to Jetsgo announcement of stopping its services that only a few days ago, it had announced plans to expand.
Mar 11: CBC (Toronto) - Dr. Michel Carney (Management) said that he grounding of Jetsgo leave fewer options for Canadian travellers and less competition for Jetsgo rivals. He also said that most agree that Jetsgo was not much of a threat to Air Canada but it was forcing Westjet to alter its tactics in order to compete.
Mar 9: La Tribune - Des clients d’Air Transat songent à un recours collectif - Dr. Michael Carney (Management) said that the majority of people react negatively when there is a serious or fatal air crash but they eventually come back.
Mar 8: Le Nouvelliste/La Presse - Le partenariat Bell-Virgin pourrait être fort payant – Dr. Mrugank V. Thakor (Marketing) said that if it wasn't Bell, it would be someone else as Bell is going to lose certain parts of the market anyway. Therefore, Bell should make the maximum use of its network in order to make a profit. If Bell does not do this, others will and Virgin will come to Canada anyway.
Mar 7: La Presse - Une espèce en voie de disparition ? – Dr. Michel Magnan (Accountancy) discussed in a full page article, how traditional pension plans are in decline.
Mar 7: CINW-AM (Montreal) - Dr. Jordan Le Bel (Marketing) discussed the corporate challenges facing Martha Stewart post-prison.
Mar 5: The Montreal Gazette - Don’t worry about that job – Cherine Zananiri (Career Placement Centre) said that if students have realistic expectations and research the job market, their chances of finding a job are very good. As the proper preparation for the job market is tough to do on your own, she suggests visiting the school’s career centre to get help from the experts.
Mar 2: CBME-FM (Montreal)/Daybreak - Dr. Lawrence Kryzanowski (Finance) discussed the union representing most of Bombardiers aerospace workers are back at the negotiating table today to renegotiate the union’s contract well in advance of its expiry date in an attempt to make Montreal more attractive for a new plant to build the C series jet.
Mar 2: Globe and Mail - Good enough for Celine – but maybe not for us – Dr. Triant Flouris (Aviation) said that the latest management-labour scuffle at Air Canada underscores the need for the two sides to find ways to reduce friction in their adversarial relationship. He said that this goes beyond the uniform - it goes to the image and perception of the company and that Air Canada is trying to show that it’s not the old Air Canada that had financial problems. Dr. Flouris also said that resentment toward management extends into the cockpit. Air Canada’s Pilots Association filed a complaint with the Canada Industrial Relations Board, alleging that Air Canada chairman Robert Milton’s new book about the airline entitled Straight From The Top, unfairly paints an unflattering picture of the pilots union.
Mar 2: La Presse - Le nombre de plaintes contre Jetsgo explose – Dr. Triant Flouris (Aviation) said that the number of grievances filed against Jetsgo is not unusual for a company that is in the midst of expanding.
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Feb 21: CKMI –TV/News - Dr. Clarence Bayne (DIA/DSA) discussed the new board of directors for the aquatic championships.
Feb 18: CBME-FM (Montreal)/Radio Noon - Jean Freed (Finance) was interviewed on diversifying your financial portfolio for RRSPs.
Feb 18: The Montreal Gazette - Brandemics – discusses Dr. Gad Saad's (Marketing) research. The article is about the invention of software that predicts what it will take to launch a successful brand by simulating the behaviour of hundreds of thousands of virtual consumers. It says, “A dozen or more experts at universities in Montreal, the United States and elsewhere are contracted to refine each simulation, including Jim Engle-Warnick, an experimental economist at McGill University, who is also affiliated with Oxford University, and Gad Saad, a renowned behavioural scientist at Concordia University's John Molson School of Business. Mr. Saad has defined, among other things, how long people think before leaping to decisions as trivial as which toothpaste to buy, or as weighty as whom to marry. He argues a controversial but increasingly debated theory that much of our consumerist tendencies are hard-wired into the evolution of the species: investing in a flashy car, for instance, might signal suitability as a potential mate, while buying a mini-skirt and lipstick sends clues to a woman's fertility.”
Feb 16: La Presse - L’immobilier à la rescousse de la Caisse de dépôt – Dr. Lawrence Kryzanowski said that he was slightly uncomfortable with the return the Caisse earned as it is attributable to sectors that are not associated with organized markets like the stock exchange.
Feb 15: Commerce - Le dernier pari de Laurent Beaudoin - Dr. Isabelle Dostaler (Management) discussed whether or not Bombardier should go ahead and develop the new "C series" line of aircraft.
Feb 15: Commerce - Un jugement historique – Dr. Michel Magnan (Accountancy) in discussing the “Wise-Ruling”, named after the Wise Brothers who owned Peoples Department Stores said that this decision came as a relief to more than one director because the responsibilities of board members are now clearly defined. He went on to say that even if this judgment is legally sound, it is not enough to ensure the continuing success of firms. Directors still have to treat their employees, their suppliers, and their clients well if they want the best from them.
Feb 14: CBC-NW (Toronto)/Newsworld Today - Dr. Jordan Le Bel (Marketing) discussed the booming chocolate industry in Quebec.
Feb 11: RDI-TV (Montreal)/Capital Actions - Dr. Isabelle Dostaler (Management) discussed the restructuring needed at CAE and how it hopes to be able to concentrate on 3 divisions. She also discussed the 450 employees that will be laid off.
Feb 11: CBFT-TV (Montreal)/Telejournal - Dr. Isabelle Dostaler (Management) discussed the CAE announcement that it had lost $347 million in the last quarter and that it will undergo a major restructuring program that will lay off hundreds of employees.
Feb 10: Les Affaires - Les 100 premiers jours sont cruciaux – With reference to the President and CEO of Aliments Ultima, Gerry Doutre, being on the job for 100 days, Dr. Marylène Gagné (Management) said that it is important to meet the employees and become familiar with their work, responsibilities, and their problems. This builds trust and demonstrates that the new boss is understanding and is listening.
Feb 10: The Montreal Gazette - The 8-per-cent solution that leaves no room for higher wages – Harold Simpkins (Marketing) in discussing Wal-Mart’s decision to close its Jonquière store, the first store in North America to unionize, said that it was a house of cards. He added that if you let it pass in one store, others will follow.
Feb 9: Globe and Mail - Laurentian pays bonus despite shortfall – Dr. Michel Magnan (Accountancy) in discussing bank executives receiving special payments even though the "Return on Equity" target of 5 percent was missed, said that he had problems with the special bonus arrangements as it does not look good from a corporate governance standpoint. He also questioned Laurentian’s 5 percent ROE hurdle, describing it as an unusually low goal for setting compensation. He added that at 5 percent, you are not even earning your cost of capital and essentially destroying value for your shareholders.
Feb 8: CBC-NW (Toronto)/CBC NES Business - Dr. Jordan Le Bel (Marketing) discussed how, once again, chocolate is expected to be a big hit on St. Valentine's Day.
Feb 8: The Montreal Gazette - Possible $1billion from air transients – Dr. Michael Carney (Management) said that after being investigated by the Competition Bureau for alleged price gouging, Air Canada would rather focus on international markets where it has no Canadian competitors. He went on to say that the four domestic competitors are putting the emphasis on improving their margins rather than trying to kill each other off in market-share wars.
Feb 7: CKMI-TV (Sainte-Foy)/First News - Dr. Ron Ferguson (Management) discussed the void left for sports fans, bars and restaurants, now that the Super Bowl is over and hockey is still on strike.
Feb 7: RDI-TV (Montreal)/Capital Actions - Dr. Jordan Le Bel (Marketing) discussed the CVT Rogers consortium obtaining the rights to televise the 2010 OlympicGames in Vancouver.
Feb 7: La Presse - Des régimes de retraite trop généreux – In a full page article, Dr. Michel Magnan (Accountancy) argues that many pension plans are far too generous and in particular, highlights, the annual pension of $1.7 million that the former CEO of the Bank of Montreal receives.
Feb 5: Les Affaires - Vague de fusions et d’acquisitions en vue – Dr. Michel Magnan (Accountancy) in reference to Proctor & Gamble acquiring Gillette, said that the take-over wave in the States is going to have repercussions in Canada.
Feb 3: Globe and Mail - Will U.S. reform spark stock gains? – Dr. Lawrence Kryzanowski (Finance) said that one complication in assessing the impact of social security reform is the aging of the massive baby boom generation. He believes baby boomers will start reducing their exposure to stocks in a decade or so and move into more conservative investments. He also said that the additional stock market investments they buy now for their social security private accounts could be sold down the line. He feels that in the longer term, there could be a negative impact on the stock markets.
Feb 3: The Ottawa Citizen/The Vancouver Sun/Sault Star - Artificial intelligence probes consumers’ mind – discusses Dr. Gad Saad's (Marketing) research. The article is about the invention of software that predicts what it will take to launch a successful brand by simulating the behaviour of hundreds of thousands of virtual consumers. It says, “ A dozen or more experts at universities in Montreal, the United States and elsewhere are contracted to refine each simulation, including Jim Engle-Warnick, an experimental economist at McGill University, who is also affiliated with Oxford University, and Gad Saad, a renowned behavioural scientist at Concordia University's John Molson School of Business. Mr. Saad has defined, among other things, how long people think before leaping to decisions as trivial as which toothpaste to buy, or as weighty as whom to marry. He argues a controversial but increasingly debated theory that much of our consumerist tendencies are hard-wired into the evolution of the species: investing in a flashy car, for instance, might signal suitability as a potential mate, while buying a mini-skirt and lipstick sends clues to a woman's fertility.”
Feb 2: The Montreal Gazette - Quebecers join Internet revolution, but fib about taboo activities online – Bram Canzer (Marketing) said that he was surprised to learn that out of the sixty-one per cent of adults in the province using the Internet daily, only 0.5% admitted to visiting explicit sites.
February: Finance et Investissement - Reprise des fusions et acquisitions – Dr. Michel Magnan (Accountancy) discussed that the amount this year was artificially inflated by some very big transactions like Universal and Seagram's.
February: Québec Inc - Changements chez Bombardier – ce n’est que le début – Dr. Michel Magnan (Accountancy) said that there is always a difference between what is officially announced and reality and the new structure is only a temporary solution. In the same article, Dr. Isabelle Dostaler (Management) said that it is good to hear that Bombardier is returning to its “Entrepreneurial” roots.
Jan 31-Feb 13: Canadian Business - Spy vs Spy - Dr. Triant Flouris (Aviation) is quoted throughout the article on the war between WestJet and Air Canada.
Jan 31: National Post - Seven Canadian MBA programs rank tops – Dean Jerry Tomberlin said that being ranked in the Financial Times survey was quite an event for us. He went on to say that in our strategic plan from five years ago, JMSB wanted to be among the top five business schools in Canada – and we made number seven, which is good.
Jan 29: The Montreal Gazette - Confusion over production – Dr. Kai Lamertz (Management) in discussing the Coors Molson merger said that beyond the immediate labour confusion and any lingering shareholder dissent, nobody has paid any attention to the potential difficulty of integrating two brewers with distinct and entrenched cultures.
Jan 29: La Presse - À Coors et Molson de jouer – Dr. Kai Lamertz (Management) said that the Molson brand will no doubt be distributed better in the southern and western parts of the United States after the merger. He also said Coor’s could take advantage of the economies of scale by brewing Coors at Molson’s Brewery as it has excess capacity.
Jan 27: Le Quotidien (Chicoutimi) - Temps dur pour les papetières, L'actionnaire d'abord ! - Dr. Michel Magnan (Accountancy) discussed the announcement that Abitibi-Consolidated is closing the Port-Alfred factory, and questioned whether this strategy was "too little too late".
Jan 27: La Tribune (Sherbrooke) - Domtar n'écarte pas d'autres compressions - Dr. Michel Magnan (Accountancy) commented on the increasing competition Domtar are facing in the paper manufacturing industry.
Jan 27: CBSI-FM (Sept-Iles)/Bonjour la côte - Dr. Michel Magnan (Accountancy) commented on the situation at Abitibi-Consolidated following their recent announcement of the Port-Albert factory closure.
Jan 27: La Presse/Le Nouvelliste - Temps dur dans les papeteries - Dr. Michel Magnan (Accountancy) discussed the announcement that Abitibi-Consolidated is closing the Port-Alfred plant, with a loss of 640 jobs. At the same time, the closure of their Texas plant and potentially four more plants in Canada were announced. Dr. Magnan questioned whether this strategy was "too little too late". He added that Domtar is also facing increasing competition.
Jan 26: SRC-R (Montreal)/Radiojournal - Dr. Michel Magnan (Accountancy) discussed the Quebec government’s wish to revive Abitibi-Consolidated’s plant in Port Alfred. He also discussed how the government plans to promote the plant on a trade mission to Brazil in effort to attract new investors to save the 640 workers who are affected by the Abitibi closure.
Jan 25: Métro Montréal - Le MBA de Concordia hausse sa cote – Sept universities canadiennes dans le top 100 mondial – highlights the John Molson MBA Program in the Financial Times ranking of the top 100 MBA programs world-wide. The John Molson MBA Program ranked 81st in the world and was one of only seven Canadian MBA programs to make the ranking.
Jan 25: The Montreal Gazette - Selling your home? Beware - In the context that real estate agents have a strong incentive to advise grabbing the first offer - Dr. Lorne Switzer (Finance) said that it was a classic agency problem - meaning that any time you depend on someone with highly specialized knowledge you don't have yourself, you are vulnerable.
Jan 22: CBC-NW (Toronto)/CBC News/Business Weekly - Rebroadcast of the interview with Dr. Michael Carney (Management) and Dr. Triant Flouris (Aviation) where they discussed CAE’s flight simulator for the new Airbus A380.
Jan 20: CBC-NW (Toronto)/CBC Morning News - Dr. Michael Carney (Management) and Dr. Triant Flouris (Aviation) discussed CAE’s hope to boost their business by building the Airbus Super Jumbo A380 simulator.
Jan 20: La Presse - Où est la commandite à Montréal? Dr. Clarence Bayne (DIA/DSA) in responding to the World Aquatic Championships being withdrawn from Montreal, commented that it was a question of really believing that Montreal has an international character. He went on to say that he did not think it was impossible for Montreal to hold on to the games – it was only a question of attitude.
Jan 19: RDI - Dr. Isabelle Dostaler (Management) was interviewed by the Réseau de l'Information team on the roll-out of the new Airbus 380 in Toulouse yesterday. She commented on the strategic move that the introduction of such an aircraft represents.
Jan 19: CBC-NW (Toronto)/CBC Business News - Harold Simpkins (Marketing) discussed the possibility of the NHL season being over and its little effect on business in Montreal.
Jan 19: CBMT-TV (Montreal)/Canada Now - Harold Simpkins (Marketing) discussed the NHL lock-out and how it has had relatively little effect on the economy of Montreal.
Jan 19: La Presse - Le Parcours de John Xanthoudakis – John Xanthoudakis is President and CEO of Northshield Financial and owned shares in a company called Mount Real Corporation, which was traded on the Toronto Stock Exchange. Last fall, Mount Real’s accounting methods were called into question. Dr. Michel Magnan (Accountancy) was quoted as saying that sooner or later, to succeed, a company must produce a cash flow, and if, year after year, they do not have a cash flow, then there are questions to be raised.
Jan 19: CBC-NW (Toronto)/CBC News - Dr. Triant Flouris (Aviation) and Dr. Michael Carney (Management) discussed how CAE is creating virtual flight simulators to teach pilots to fly Airbus’s new plane, the A-380.
Jan 15: La Presse - Entre Wal-Mart et Costco, tout un monde de différence - Harold Simpkins (Marketing) explained how the profit-making strategies of Costco and Wal-mart differ, despite both being well known for their low prices.
Jan 13: La Presse - SABMiller fait les yeux doux à Molson - Dr. Kai Lamertz (Management) said that the giant SABMiller is interested in Molsons for its Canadian distribution network.
Jan 13: ROB-TV - Dr. Michel Magnan (Accountancy) was part of a panel discussion on Nortel’s latest report and its shady accounting practices.
Jan 12: Globe and Mail - New Board is an improvement by a mile - Dr. Michel Magnan (Accountancy) said that all the departing directors were at Nortel through its boom years in the late 1990’s and played a role in the company’s rapid expansion and the creation of a series of compensation incentives that have proved disastrous.
Jan 12: SRC-R (Montreal)/Radiojournal - Dr. Michel Magnan (Accountancy) was interviewed about Nortel appointing new members on its board of the directors. He also discussed the partial recovery of US$ 8million of bonuses that were paid out to management that were based on false financial results. This information was announced after the company’s revised results for the years 2001, 2002, and 2003 were publicized. Nortel stock closed with a gain of 3%.
Jan 11: www.lapressaffaires.com - Nortel. Cas typique de mauvaise gouvernance - Dr. Michel Magnan (Accountancy) discussed Nortel’s financial results and the departure of some members of its board.
Jan 11: La Presse - Le lent déclin des center commerciaux – Dr. Jordan Le Bel (Marketing) discussed the fact that shopping centres such as Galeries d’Anjou and the Champlain Mall are aging. These centres are not meeting out needs and are being threatened by the power centres, the internet, our busy schedules, and our aging population.
Jan 10: La Presse - Un pari risqué – In a full page-article, Dr. Michel Magnan (Accountancy) discussed whether mergers and acquisitions are good for investors.
Jan 8: CINW-AM (Montreal) - Dr. Jordan Le Bel (Marketing) discussed that Saan Stores from Winnipeg went under creditor protection. It was a victim of a number of circumstances including competitive pressure from Wal Mart and consumers trying to stretch their shopping dollars.
Jan 8: Globe and Mail - Air Canada to add non-stop flight from Toronto to Seoul – Dr. Triant Flouris (Aviation) said that by adding international destinations, Air Canada is seeking to promote Canada as a gateway to Asia, Latin America and the Caribbean.
Jan 8: Les Affaires - Le nom de Bombardier restera sur toutes les lèvres - Dr. Isabelle Dostaler (Management) said that Bombadier should take advantage of Airbus and Boeing being occupied with other projects.
Jan 5: La Presse - L'École de gestion John-Molson a le vent dans les voiles - Dr. Michel Magnan (Accountancy) is quoted in an article describing the new JMSB building, the school's history and current levels of success.
Jan 4: National Post (Toronto) - MBA student teams to compete in Montreal - recounts the story of the Bombardier case which was used in last year's competition and details of the 24th JMSB MBA International Case Competition.
Jan 4: 24 heures (Montreal) - Le concours d'études des cas MBA John Molson bat son plein - gives a full description of the 24th JMSB MBA International Case Competition taking place this week at the Bonaventure Hilton, Montreal, with a web address for further information.
January: Québec Inc - Jetsgo s’attaque à l’avion, au train et à l’automobile - Dr. Isabelle Dostaler (Management) explained that companies like Jetsgo have been created by copying Southwest Airlines successful model. Southwest was also copied by Ryanair in Europe and in a few other countriesConcilier profits et planète, c'est possible - mention of the Sustainable Business Conference in March 2005, organised by JMSB.Les entreprise semblent avoir perdu le nord - Dr. Michel Magnan (Accountancy) discussed the idea of introducing a ceiling to limit the increasingly high renumeration packages offered to top executives. Dr. Magnan argued that it does not work, quoting the example of the U.S. where a ceiling of $1million was introduced in 1992 with the result that companies offered more stock options instead.