The collaboration of UVic’s Gustavson School of Business, TRICORP, Service Canada, BG Group and Spectra Energy in delivering an Aboriginal entrepreneurship program – Northwest Aboriginal Canadian Entrepreneurs (NW-ACE) - has won the Industry Council for Aboriginal Business (ICAB) 2014 Partnership and Collaboration Visionary Award. ICAB was founded to facilitate dialogue and relationship-building between Aboriginal and non-Aboriginal businesses and communities throughout British Columbia. The Aboriginal Business Recognition Awards were established to celebrate and recognize the successes of Aboriginal and non-Aboriginal corporations and individuals who have worked together to create economic opportunities for each other. Brenda Ireland, ICAB’s CEO, says that this “innovative community-based program is indeed worthy of acknowledgment.”
President of Black Press, David Black, was awarded an honorary degree from UVic at the June convocation ceremonies. Black launched his publishing empire in 1975 when he bought his father’s weekly newspaper in Williams Lake, B.C. His company is now the largest privately-owned newspaper company in Canada. Named Distinguished Entrepreneur of the Year by the Business School in 2007, Black is an avid supporter of the school, establishing the Black Press Scholarships program that provides funding for undergraduate commerce students. Congratulations, David, on this well deserved honour!
Imagine living in the northern reaches of British Columbia, wanting to start a business and being able to access award-winning university entrepreneurship training in your area. A shared initiative between the Aboriginal-owned Tribal Resources Investment Corporation (TRICORP) and the University of Victoria, Peter B. Gustavson School of Business means Aboriginal entrepreneurs in Northwest BC can do just that. Full article in Aboriginal Marketplace – March/April 2014.
A pioneering teaching professor from UVic’s Gustavson School of Business, Dr. Brent Mainprize, has won the national 2014 Desire2Learn Innovation in Teaching and Learning award for his fresh ideas in curriculum development and delivery. Mainprize’s creative approach for teaching entrepreneurship has been put into use as web-based software for evaluating business risk, called the Venture Intelligence Quotient, that is used in academia, innovation “hatcheries” and community economic development initiatives in Canada, Italy, Australia, Denmark and China. “Brent brings a wealth of experience as an educational leader, dedicated scholar and successful entrepreneur,” says Dr. Saul Klein, dean of the business school. “The admiration and respect of his colleagues and students speaks to his accomplishments in promoting learning and successful businesses.” Mainprize is deeply committed to using his creative skills and teaching talents in Aboriginal communities to design and deliver culturally appropriate entrepreneurship training, such as the Northwest Aboriginal Canadian Entrepreneurs program, a partnership with First Nations financial service provider, TRICORP. Mainprize, one of five winners from across Canada, will receive his award from the Society for Teaching and Learning in Higher Education and Desire2Learn Incorporated at a celebration June 18 in Kingston, Ontario. To view more about the award and its recipients visit http://stlhe.ca/awards/desire2learn-innovation-award/2014-recipients
The Photo Contest is sponsored by the International Programs office to promote the international experience that our students gain through participating in an academic exchange. The international experience is a central facet of our educational philosophy and it transforms our students into truly global citizens. Our students serve as worthy ambassadors for the University of Victoria and Canada as they grow to meet the linguistic, cultural and academic challenges inherent in these experiences. We are proud of our students and delighted to highlight their international educational experience by celebrating their photos.
The University of Victoria won the “Most Entrepreneurial Post-Secondary Institution of the Year” Award, for the college or university that demonstrates the largest commitment and impact in advancing entrepreneurship. In our nomination we highlighted the activities of the Gustavson School of Business as well as Research Partnerships and Knowledge Mobilization, the Innovation Centre for Entrepreneurs, CanAssist and VITP, among others And our own Dr. Brent Mainprize received the title of “Entrepreneurship Educator of the Year”, recognizing a Canadian educator who has: Demonstrated excellence in educating, empowering and equipping entrepreneurship students with the attitudes, skills, experiential learning opportunities and networks needed to pursue successful entrepreneurial ventures; Made a significant impact in both fostering student-led entrepreneurship initiatives and motivating senior campus leadership to adopt entrepreneurial policies and priorities; and / or, Engaged actively in the local startup community through bringing students into the community and bringing the community onto the campus. As I am sure you will agree, these are significant accomplishments in both categories, and help to achieve our strategic plan priorities for community engagement and impact. We will also go forward in both categories at the end of May to the National Adjudication Committee. For a full list of the BC Startup Canada Award Winners: http://startupaward.ca/blog/2014/04/30/bc-startup-canada-award-winners/
Each year, the Celebration of Joy Award is awarded to a graduate-level student (MBA or PhD) in the final year of their graduate program here at Gustavson. This award is generously donated each year by the Warner Steinke family in memory of his wife and their mother, Joy (Skelly) Steinke. The purpose of this award is to recognize a student who consistently and positively contributes to the lives of others. This is a truly unique award, in which the selection process depends not on academic merits, but on personality and strength of character (cheerfulness, warmth, kindness, generosity), a strong sense of hope and optimism. Most of all, the recipient of the Joy Award is someone who is recognized as a person who really strives to live their life with a sense of joy, integrity, compassion and consideration for the needs of others. In essence, the award recognizes someone who inspires us to be the best we can be.
As fifteen of our current MBA students travel to Bangalore, India to participate in an International Integrative Management Exercise, we’d like to share some thoughts from Daniel McCombe, BCOM ’10 and MGB ’11, who lives and works in the region. He talked about his life in Bangalore with Business Class magazine last spring.
Each year the Tim Price Award recipient is selected on the basis of demonstrated entrepreneurial expertise and acuity throughout the entrepreneurship classes, feedback from the industry panel on the business plan presentations, and feasibility and innovativeness of the business plan as determined by Gustavson Entrepreneurship specialization faculty members. This award is worth $6,000. The Entrepreneurship faculty (Brock Smith, Mia Maki, Brent Mainprize and Graham Brown) have nominated a student from the 2014 graduating MBA students (consisting of the MBA 2011 Evening cohort and the 2012 Day cohort). It is a pleasure to announce that the recipient of this year’s Tim Price Award is Mayank Chauhan (2011 Evening Cohort).
In April, our MBA students will embark on their International Integrative Management Exercise (IIME). This year, 15 students, along with professors Wade Danis and Sudhir Nair, will head to Bangalore and Hyderabad, India. A second group of 23 students will travel to Beijing and Shanghai, China, accompanied by professors Yan Shen and Chris Graham. The management exercise requires students to research, analyze and solve a business problem. This may entail researching foreign market opportunities, evaluating foreign partners or mapping global supply chains. Students attend client-focused meetings, often with several different companies, to research their business problem. Their remaining time is spent working on their client recommendations and presentations, as well as sightseeing.
Each year the MBA Specializations (Entrepreneurship, International Business, and Service Management) select the one student from each specialization who reflects the best overall student performance. The Specialization Awards are funded by the David Ritchie endowment and are valued at $1,500 each. For the Fall 2013 Specializations, the following students were nominated by their respective specialization faculty. The specialization faculty also provided a paragraph that explained why they felt the student was best suited for the award.
2013 VIATeC’s Emerging Technology Company of the Year Award recipients, Tutela Technologies, is looking to improve cell reception for Canadians. Tutela supplies cellphone service providers with proprietary software that monitors cellphone reception for its customers. When a poor service experience occurs, the software alerts the company of their lacklustre performance so they can address the issue, finding a solution to the problem immediately. As a result, poor reception issues can be fixed before customer complaints ensue. Tutela’s product also aggregates the alerts it generates, compiling this data to build maps showing the most problematic areas in the service provider’s region.
Nothing is set in stone when it comes to business, particularly not in Victoria’s highly competitive food services industry. But when Bon Macaron Patisserie Ltd. opened its doors in December 2012, Yann Fougere, owner/operator and BCom ’08 alumnus, was confident he was about to offer his adopted city something special.
UVic’s Alumni Magazine, Torch, recently sat down with Dr. A.R. (Elango) Elangovan to discuss his research on career callings. Elangovan, named both a 3M National Teaching Fellow and UVic Distinguished Professor, spoke with Brad Buie about his findings: Fifty-two times a year a chorus trumpets “Thank God it’s Friday!” in coffee-rooms, cubicles and office corridors everywhere. It’s as though we have swum all week through inhospitable, dreary waters to get to the tropical desert island of the weekend. Considering that our work life can occupy the greatest portion of our waking hours, how we feel about it inevitably colours the meaning we assign to our lives. How then do we find the kind of work that makes us mad for Mondays?
It was Team 48 that was the big winner in the recent finals of the RBC Case Competition. This case competition is unique in Canada in that it is mandatory for all third-year commerce students. In each round of the competition, which starts in January, student teams have just three hours to analyze, prepare and present their recommendations for the case they’ve been given. The winning team members each receive a cash prize of $200, courtesy of RBC Royal Bank.
Lianna Spence, James Russell, Barb Duncan and Christina Wong presented Sheila Wells, Principal of Roosevelt Park Community School in Prince Rupert, with a cheque for $2,400 for the school’s breakfast program last month at the wrap up of the North West Aboriginal Certificate in Entrepreneurship (NW-ACE) program. The funds were collected through the 3C Challenge, which had students split into groups and given $1,000, which they had to create a business concept. Spence, Russell, Duncan and Wong created a calendar, approaching businesses to buy advertisements. The project raised a total of $2,900, with the group donating the remaining $500 to the Friendship House to help with its Christmas program for underprivileged aboriginal children. Wells said the money was enough to keep the breakfast program running for the rest of the school year, and part of the next year. (Martina Perry/Northern Connector).
As local and global economies grow and change, the relationships between communities and companies in extractive industries also evolve. Residents, neighbouring individuals and communities, governments at all levels, international agencies, and nongovernmental organizations play increasing roles in whether and how communities work with extractive companies. The issues they face are large and complex, and the Centre for Social and Sustainable Innovation (CSSI) and the Gustavson School of Business wanted to help examine current concerns as well as possible future steps.
Our Sharing Information on Progress report to the United Nations Global Compact Principles for Responsible Management Education showcases all things Gustavson: sharing, caring, acting, impacting.
Our 11th annual Distinguished Entrepreneur of the Year Gala will be held on Wednesday June 4th. We are very pleased to be honouring Dennis R. Washington, founder of The Washington Companies. For information on the gala, sponsorship and tickets please see: DEYA.
Our Centre for Social and Sustainable Innovation’s Low-Carbon Culture Helplist has tonnes of tips for cutting the carbon in your life and a handy checklist of items to make it easy to see where and how you can make a difference to your wallet, your community, and your planet.
The 11th Annual RBC Internal Case Competition is headed into the final round on Friday, March 21, 2014. For the past three months, all third year BCOM students have participated in the annual event. Fourteen teams from each of the four cohorts have been whittled down over the weeks of competition until four finalist teams were chosen to compete for the winning title.
UVic’s final Plan-it! business plan competition ended with an exciting day of presentations, Friday February 28, 2014. Students from mechanical engineering, business, social science and computer science presented ventures including Vacation Rentals Management, a new vacation rental property management business by Selina Meghji-Kuoni; Medical Solutions an online wait time software app by Austin Singhera and Pavitar Sidhu; Aota, a 2 in 1 professional leather laptop/backpack bag from Jesse Teron; and CNO, a platform to reduce marketing and fundraising expenses for non-profit organizations by Andrew Lee. Judges Hilary Smith, Martyn Ward, Jenifer Chilcott, Jill Doucette, Richard Tuck, Susannah Feeney and Peter Elkins listened carefully to the presentations, asked the competitors tough questions about their venture ideas, and after much discussion settled on the following prize winners: 1st prize - $5,000 Darrin Mah and Michael Wilson, Nightshade: a hard coat for nails that detects rohypnol and GHB by changing colors in the presence of the substances. 2nd prize – $2,000 Calvin Parker and Billiam Liu, Helium: what happens when your contact information changes? There must be a better way… 3rd prize - $1,000 Zachary Mazo, Fresh Gear: a product that is inserted into a hockey bag that dries hockey gear in a quick and odourless fashion.
Recent Gustavson research shows that outgoing female executives get fewer severance dollars than men, especially when women negotiate their “handshakes” themselves. Dr. Ken Thornicroft, professor of business law and employment relations at Gustavson, came to this conclusion after analyzing 11 years of provincial and territorial appeal-court decisions on severance payouts, as well as a student negotiation exercise. The outcomes of the court cases clearly showed that gender was a significant factor in the size of senior executives’ severance payouts.
With the recent information in the news about declining job growth and the conflicting problem of job vacancies going unfilled due to the lack of skilled workers to fill them, the Taking Action for Canada: Jobs and Skills for the 21st Century Report released in January, by the Canadian Council of Chief Executives (CCCE), offers promising news for Gustavson graduates. This report, the result of a survey of some of Canada’s largest employers, highlights a number of hiring predictions by these employers including an anticipated need to fill between 700,000 and 800,000 positions in Canada over the next 5 years. The opportunities highlighted will cut across all sectors with financial services, insurance, telecommunications, energy, mining, construction, transport and retail being specifically noted. Great news for current coop students and alumni working in financial services roles, the Calgary energy marketplace and supply chain related positions.
On February 5, 2014, as part of UVic’s Alumni Week festivities, we will be honouring MBA alumna Marilyn Copes. Marilyn graduated from the Gustavson School of Business with her Master of Business Administration in 1999. She is an Executive Director at Island Health where has dedicated her career to the planning and delivery of health care services, and to leadership through mentorship.
- UVic Welcomes New Dean of Business
- UVic Ranked 11th Best in World Under Age 50
- UVic Backs Reforms Sparked by Arab Spring
- Summerville on the restructuring of banks and the concept of too big to fail
- Saul Klein Begins as Dean of Gustavson
- Lululemon Founder UVic's 2012 Distinguished Entrepreneur
- Judith Sayers Appointed National Aboriginal Economic Development Chair
- Interview Clinic Helps UVic Students Get It Right
- Gustavson Researchers Score Top Ranking
- Gill PhD Student Richard Tuck Receives Vanier Scholarship
- Gender Bias in Severance Settlements
- Expert Advisory: FACEBOOK
- Dr. Craig Pinder Honoured by HR Community
- Business Students Take Honours in Fierce Commerce Games
- UVic Business Professor Wins 3-M Teaching Fellowship
- Bachelor of Commerce Program Expands