Rotman Research Promotes Personal Data Advocacy, and More – Toronto News
Canadian business schools have made valuable contributions this week. From providing life-saving researching, to creating ethical programs that will produce ethical leaders, Canada’s top schools are certainly doing their part to better their communities. We’ve laid out some of the high points below.
Western Researchers Study Overdose Antidote in High Schools – The London Free Press
Researchers from Western University Canada’s Ivey Business School and Schulich School of Medicine and Dentistry recently joined forces to determine whether supplying high schools with an antidote to opioid overdose would be a cost-effective way to combat Canada’s rising problems. Naloxone prevents the physical effects of consuming toxic amounts of opioids, and having the drug in supply in schools could save lives. However, this solution to rising opioid overdoses would cost money.
The researchers evaluate the cost-effectiveness of implementing a naloxone program in schools, wherein the drug is supplied and the staff is trained in its use. Study authors Greg Zaric and Lauren Cipriano put together a spreadsheet that would allow schools to determine the cost and benefit of starting a program in their specific area.
“We think every school board should be evaluating a program like this using a tool of procedure like this to see if they really are getting the best use of their available funds…there are lots of things that we can do in schools to improve the health and safety of students,” Zaric says, “We want to make sure the portfolio of medical and health interventions that we provide to students is getting us the best possible health impact for the amount of money we’re investing.”
You can read more about the cost of Naloxone programs here.
It’s Time to Pay Consumers For Their Data – The Globe and Mail
Richard Nesbitt and Brian O’Donnell, of the Global Risk Institute in Financial Services, wrote an article for The Globe and Mail that advocates giving consumers more control over how data is used. In addition to his role as CEO of the Global Risk Institute in Financial Services, Nesbitt is an adjunct professor at the University of Toronto’s Rotman School of Management.
Their article specifically addresses the need for “personal data advocacy.” The co-authors believe an institution should work with people, “to gather, protect, and monetize their personal data.” According to the article, social media sites have made trillions of dollars off of user data, leaving users with none of the benefits and all of the security and privacy risks.
Brian O’Donnell and Richard Nesbitt write:
“With ownership of their data, individuals could then decide how they want their data used. For example, do they want to lock it down, sell it or donate it to a charity or research organization?”
Read more about personal data advocacy here.
What is a Sustainable MBA? – Study International News
York University’s Schulich School of Business’s sustainable MBA was ranked the third best program by Study International News. A sustainable MBA is one that puts environmental and social considerations before the bottom line. Critics claim that traditional MBA’s breed leaders who put their own profit before the welfare of their community. This view is so pervasive, that the ‘evil corporation’ has become a pop-culture trope.
The Schulich MBA is lauded as one of the best in the world when it comes to sustainability education, according to Study International News.
School’s like Schulich, however, are cultivating programs that could change this perspective. Warwick University and the University of Exeter Business School nabbed the first and second rankings. It is clear that Canada is a leader in sustainable MBA’s, with 11 Canadian schools topping the list of the Better World MBA Rankings.
Julia Christensen Hughes, University of Guelph says:
“MBA programs—the most dominant graduate degree in the world—must endeavor to develop the leaders so desperately needed. And this is where Canada can truly lead.”
You can read more about the Schulich sustainable MBAs here.
Villanova Wins, Wharton and Temple Land Donations, and More – Philly News
Philadelphia was up late this week watching the Villanova win its second NCAA Championship in three years, but that wasn’t the only exciting news out of the City of Brotherly Love. Here’s your weekly Philly business school news brief!
William P. Lauder Endows the William P. Lauder Wharton Leadership Fellows Program with $4 Million Gift — Wharton News
The Wharton School at the University of Pennsylvania announced that alumni William P. Lauder has committed $4 million to endow the William P. Lauder Wharton Leadership Fellows Program. Wharton Leadership Fellows are second-year MBA students who mentor, coach, and support first-year students in developing their potential and strengthening their performance as learning teams.
“I have always believed that great leaders are also great teachers, coaches, and mentors,” said William P. Lauder, who serves as Executive Chairman of The Estée Lauder Companies. “That’s what I expect of leaders at The Estée Lauder Companies, and what I hope to model for MBA students … I am thrilled to support this outstanding program’s continued growth and evolution.”
Lauder is also a member of the University of Pennsylvania Board of Trustees, the Lauder Institute Board of Governors, the Wharton Leadership Advisory Board, and a lecturer in the Wharton School. His family has a track record of giving back to the Wharton community, including funding for the Lauder Institute, student fellowships, and numerous capital projects, such as the recently completed New College House at 3335 Woodland Walk.
Read more about Lauder’s gift and the Leadership Fellows program here.
Stanley and Franny Wang Make $2 Million Gift to Fox School of Business — Fox School News
In similar news, a $2 million gift from Temple alumni Stanley and Franny Wang will support a fully endowed chair professorship at the Fox School of Business, and create an endowed fund for the Stanley and Franny Wang Chair in Business and Management. According to dean Dr. M. Moshe Porat, the fully endowed chair will be held by a leading scholar in a department soon to be chosen.
“I am continually humbled by the generosity of our school’s graduates, and Stanley and Franny Wang serve as shining examples of this philanthropy,” said Porat. “The Fox School has a proud tradition of providing leading and cutting-edge business education. Stanley and Franny’s transformative gift will significantly enhance our efforts to attract the world’s top professors and most-renowned researchers—both now in our centennial year and throughout the school’s next 100 years.”
Learn more about the Wangs and their generous gift to Temple here.
Associate Professor Korschun Receives Fulbright Award, 2nd for LeBow Faculty in 2018 — LeBow News
Daniel Korschun, associate professor of marketing and Stephen Cozen Research Scholar in Marketing, has received a Fulbright award to travel to Italy for a research project. According to a press release, Korschun will teach and conduct research on political statements by corporations at Libera Università Internazionale degli Studi Sociali Guido Carli from September to December 2018.
“With the two-party system here in the United States, these decisions are made in a simpler context,” Korschun said. “In Italy, they don’t have that—there are a lot more shifts in how people see their political identity. That makes it more complex to disentangle what’s going on in people’s minds.”
Korschun is the second LeBow professor to be awarded with the prestigious Fulbright Award: Economics Professor Konstantinos Serfes received a Fulbright award to visit the University of Exeter in the United Kingdom during spring 2019.
Read more about Drexel’s Fulbright Scholars here.
Villanova’s Title Proves it is the Best Team—and Program—in All of College Basketball — ESPN
Okay, okay—not business news—but a big deal for Villanova and the surprisingly championships-filled city of Philadelphia.
