Rotman Management

The year 2020 was a watershed moment for business, society and politics. While corporate purpose and ‘stakeholder capitalism’ were already understood and embraced to a degree, the pandemic has served to magnify underlying societal faults, fuelling a

Editor-in-Chief Karen Christensen Contributors Tiziana Casciaro, Ken Corts, Peter Dey Ramy Elitzur, Joshua Gans, Camille Hebert, Sarah Kaplan, Julie McCarthy, Andreas Park, Carmina Ravanera, John Trougakos Marketing & Communications Officer Mona Barr

Wealth Distribution. The distribution of income across a population’s households, the concentration of assets in various communities, the ability for individuals to move up from their existing financial circumstances, and the gap between the top and

Goal 1: More Black representation on Rotman’s faculty, staff and administration. Goal 2: Redesign Rotman programming to incorporate racial and gender diversity into all curricula, including (but not limited to) refinement of LDT and LPO courses, with

High conscientiousness is characterized by short-term sacrifice in pursuit of long-term goals. Low conscientiousness is associated with short-term compromise. High agreeableness suggests a more trusting and cooperative personality. Low agreeableness

The goal of ‘futuring’ is not to predict the future, but to prepare for the possibilities. To rise to this challenge, our response must be human-centred, innovative and radically imaginative. To facilitate this discussion, following are six possible

Generations of Finance and Economics students have learned about fiat currencies—government-issued currencies that are not backed by a physical commodity such as gold or silver, but rather, by the government that issues them. There are currently arou

The pandemic has made stress and anxiety familiar terms for just about everyone. But what does a true case of burnout look like? Part of the problem with the burnout conversation is that we often misapply the word, or use it too loosely. The World He

1. Default rules (e.g. automatic enrolment in programs.) 2. Simplification (in part to promote take-up of existing programs.) 3. Use of social norms (emphasizing what most people do, e.g. ‘Most people plan to vote’ or ‘Most people pay their taxes on

You have said that despite efforts to make innovation a common practice, corporate innovation remains a paradox. How so? Very few leaders would deny the importance of innovation. And yet, there is still nothing harder than trying to innovate within a

You believe we are in the midst of a paradigm shift in terms of the way we measure the economy. Please explain. The COVID-19 shock put the spotlight on many serious existing problems within our economy. It also provided a platform for traditionally u

You believe that the field of Marketing is in crisis. How so? In a recent survey of global companies, nearly 70 per cent of CEOs expressed a lack of confidence that their Marketing Departments could drive profits. Many have already started eliminatin

THIS PAST YEAR HAS SHOWN US that we have a window of possibility to not simply recover from this pandemic, but transform our society and economy to prioritize care and community. Not long after COVID-19 struck, it became clear that it would not affec

1. Multifaceted, excelling at art, science and the technology of Marketing. 2. Business leader who understands the business. 3. Knowledgeable about foundational and classical aspects of Marketing. 4. Appreciation of contemporary and emerging fields o

The COVID-19 pandemic has projected humanity into an unprecedented era characterized by feelings of helplessness and loss of control. While it is too early to robustly understand the impact of the virus on long-term psychological outcomes, healthcare

IT HAS BEEN SAID THAT an organizational team is like an orchestra, with each member playing a role in creating the melody. This metaphor is not new — but nor is it true. Working in perfect harmony is not what makes a team great. It is actually produc

Remove obstacles: By doing discovery work and starting small, you will have developed an understanding of what is getting in the way of innovation inside your company. The process you design should, at a minimum, remove obstacles such as lack of lead

A few years back, you discovered what you consider to be the scariest scientific result you have ever encountered. What did you find? My team and I were studying Twitter and all of the verified true and false news stories that had spread on the platf

The majority of entrepreneurial start-ups don’t survive. Why is that? The failure rate is substantial: More than 30 per cent close after five years and about 50 per cent after 10 years. The failure rate is so high because, like all business leaders t

You and your co-author spent a combined 27 years working at Amazon, sharing founder Jeff Bezos’ conviction that the long-term interests of shareholders are perfectly aligned with the interests of customers. Please unpack that belief for us. It’s more

You have said the global pandemic teaches us that “change is not a project with a beginning and an end”. What is it, then? If you look back at the 20th century, change was relatively rare. We had some massive shakeups in the forms of wars and economi