Managing Ourselves Out of Climate Change



Managing Ourselves Out of Climate Change

Sustainable solutions to climate change are nowhere near simple, traversing science, business, culture, and beyond. From organizational strategy to supply chain operations, management stands out as a critical link between people searching for answers in every industry and academic sector. Interdisciplinary by nature, management research is uncovering new ways to solve a complex global problem. Read about and listen to three recent Delve podcast episodes focused on management solutions to climate change.

New Normal: Can Global Financial Transparency Deter Corporate Tax Avoidance? with Preetika Joshi

While tax policies are complicated and often seem unfair, new global solutions can both simplify how corporations pay their taxes and make payment more equitable for countries owed their share of tax revenue. In episode 10 of the second season of The New Normal podcast series, Desautels Professor Preetika Joshi joins journalist Dave Kaufman to discuss tax avoidance and income shifting by corporations, including whether country-by-country reporting is an effective tax avoidance deterrent and how new technologies like blockchain and AI will make tax avoidance more difficult in the future.

Can Loyalty in Investor Relationships Calm the Competitive Disruption of ETFs?

On the surface, the Exchange Traded Fund or ETF is a simple idea: a financial product that gives investors the opportunity to invest in a set of stocks tracked by a market index, without having to buy shares in each one. Yet this relatively straightforward concept has become a major disruptor in the sphere of money management. In the past few years, mutual fund managers started to also manage ETFs for their clients—a way to potentially alleviate competition, maintain client loyalty, and keep institutional money within a growing family of funds.

An Ethical, Human-Centred Approach to AI in Human Resources, with Matissa Hollister

Could Artificial Intelligence tools decide who gets hired or fired, who gets a raise, or who’s ready to be a mentor? Some already are, to varying levels of success. Hundreds of AI-based tools already exist for use in Human Resources tasks, including hiring, training, and employee engagement, but it’s often difficult to discern their use value, let alone how to use them effectively and ethically, an arguable essential in HR. Desautels Professor Matissa Hollister, lead author of the World Economic Forum’s Human-Centred Artificial Intelligence for Human Resources: A Toolkit for Human Resources Professionals, discusses how organizations can navigate and overcome the responsibilities and challenges they face when implementing AI in Human Resources.

How Predictive Data Analysis Illuminates the Future of Retail, with Maxime Cohen

Artificial Intelligence innovation thrives in an environment where business arenas, fundamental research, and thought leadership overlap. As seen in recent cross-sector AI initiatives, determining the capacities of AI and related data analytics applications is essential to understanding how they will play out in the wider world, whether analyzing healthcare data or implementing predictive analytics in retail. On the Delve podcast, Desautels Professor Maxime Cohen demystifies how retailers can use data analytics to predict demand, make operational decisions, and boost revenue.

Could New Algorithms Ensure Everyone Pays Fair Prices Online?

Dynamic pricing algorithms set the prices we pay online—and few rules govern how they work. Even if an algorithm doesn’t ostensibly consider race at all, research shows that it can be biased and discriminatory on the basis of race, as well as gender, economic level, and other personal information openly gathered from consumers. Desautels Professor Sentao Miao developed an approach to dynamic pricing that builds in fairness constraints to protect consumers, proposing algorithms that keep prices fair across groups and over time.

How Information Technology Can Drive Efficiency and Spark Creativity, with Alain Pinsonneault

What do Cirque du Soleil, American Airlines, and Canadian Tire have in common? They’ve all shifted their perspective on the value of Information Technology. On the Delve podcast, Desautels Faculty of Management Professor Alain Pinsonneault discusses how the overall mindset towards information technology’s value is changing, especially in times of broader turbulence like the COVID pandemic. His research shows that IT now affects all aspects of organizations and all types of organizations, including the most human-centred and creativity-minded ones. Used strategically, IT increases efficiency and creates slack resources that can be allocated for creativity and innovation.

New Normal: How Fast Fashion Can Slow Down and Go Green, with Javad Nasiry

Fast fashion is a rapidly expanding subsection of an already environmentally problematic industry. What does a truly sustainable fashion industry model look like—and will customers buy it? In episode 9 of the second season of The "New Normal" podcast series, Professor Javad Nasiry from The Desautels Faculty of Management joins journalist Dave Kaufman to discuss the environmental impact of the fast fashion industry and what can be done to lessen its carbon footprint. Nasiry examines certain initiatives already underway and whether they have made a measurable difference, delving into the question of what an alternative to today’s fast fashion would look like and if it could make the industry more sustainable.

New Normal: How Healthcare Systems Impact Practitioner Distress, with Dr. Martin A. Koyle

What can be done when healthcare leaders say that they simply can't work anymore? In episode 8 of the second season of The "New Normal" podcast series, Dr. Martin A. Koyle, Former Chief of the Division of Urology at The Hospital for Sick Children and Professor Emeritus in the Department of Surgery and IHPME at the University of Toronto, joins journalist Dave Kaufman to examine how the Canadian healthcare system today is limiting the success of medical practitioners. How does this complex system contribute to the extreme mental duress that medical practitioners face—duress that the COVID-19 pandemic has made more acute? Dr. Koyle also discusses what is being done to break the stigma around burnout, encourage healthcare leadership by physicians, and give those in the medical system the best opportunity to do no harm.