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- Category: Telfer Announcements
We are pleased to announce the winners of the very first Telfer International Exchange Video Contest!
The Telfer International Exchange Video Contest was for Telfer students who had participated in an international exchange during the 2017-2018 academic year or before that. The competition’s objective was to promote our exchange destinations and to reward our students’ creative talent.
And the winners are:
First Prize
Amani Couture, City University of Hong Kong
Amani Couture - Concours / Contest - TELFER from Amani Couture on Vimeo.
Second Prize
Erhardt Jansen Jansen Van Rensburg, Auckland University of Technology
We would like to thank all participants for making the contest a great success!
Click here to learn more on the international exchange programs »
- Category: Latest News
(clockwise from left): Carolyn Montague of Perfocus Management Inc.; professors Jonathan Calof and Stephane Tywoniak; Jake Jacobson of Babcock Canada Inc.; James Maloney, MP; Joe Armstrong of CAE; and Yasmin Ratansi, MP.
The Telfer School of Management continues to shape the future management of mega projects with forward-looking research and thought leadership. The latest example: an eye-opening panel discussion on complex project leadership, organized by the Pearson Centre for Progressive Policy and featuring professor Stephane Tywoniak as the keynote presenter.
With a cross-section of attendees from government, companies and industry associations present, Tywoniak said there is a global consensus about the need to reset traditional approaches to contracting for mega-projects and major procurements, as they have become ever-more-complex challenges for governments at home and abroad. He went on to present a report on a series of roundtables on complex project management with some 300 government and business leaders in Australia, Canada, the U.K. and the U.S.
Tywoniak’s talk set the table for a wide-ranging panel discussion involving MPs as well as executives from CAE, Babcock Canada Inc. and Perfocus Management Inc.
Held in the parliamentary precinct on May 18, this event was part of the Pearson Centre's Economy for Tomorrow Series, which is chaired by another professor at the Telfer School, Jonathan Calof, and by Yasmin Ratansi, M.P., the Vice-Chair of the Standing Committee on Government Operations and Estimates.
For more information: http://www.thepearsoncentre.ca/platform/managing-mega-projects-may18/
More about Complex Project Leadership at the Telfer School of Management
- Category: Latest News
The Telfer Executive MBA will be hosting more than 35 candidates from the Sun yat-Sen University Executive MBA program from Guangzhou, P.R. China., during the week of October 2 – 7, 2016. This will be the third and final stop for these senior executives as a component of the Program's “Overseas Business Trip”. Prior to Ottawa, the group attended executive development programs at Columbia and Yale University.
One of the Telfer Executive MBA’s key objectives is to provide an impactful contribution to our business community through its executive leadership and competency development platform along with growing a global network that serves its business community.
This academic exchange program is an extension of a close relationship between our two programs. The first in 2014 was the direct result of the Telfer Executive MBA’s International Business Consulting Trip to Guangzhou, P.R China in April of that year. Since then the partnership has grown to include Summer Business Consulting Projects, known as the G9 [Guangzhou 9]. Working in teams of three, nine selected Telfer Executive MBA candidates complete a smaller scaled International Business Consulting Project for Chinese organizations throughout the summer months between their first and second year. This experience includes a one-week trip in Guangzhou to present their findings and meet with key stakeholders. The G9 was piloted in 2015 and the Class of 2017 recently closed off another successful year of the projects.
The activities during their stay will provide excellent opportunities to promote the University of Ottawa and the City of Ottawa, to many senior-level executives from China. It will also provide opportunities for engagement and insights from our community leaders through company visits, in-class sessions with distinguished professors, and several networking opportunities with Telfer Executive MBA alumni and leaders in the business community. It is important to note that more than 2000 of Sun yat-Sen’s alumni are in leadership roles of large and medium-sized enterprises in China.
With a focus on promoting local entrepreneurs and Canadian organizations, the Telfer Executive MBA has arranged for the Chinese visitors to enjoy the culinary and ale delights of Millstreet Brew Pub located in the historic Thompson-Perkins Mill building. The week also includes executive briefings at Ottawa’s Kivuto Solutions Inc., and the Royal Canadian Mint; as well as enjoying fall activities such as apple picking at Mountain Orchards and zip-lining adventures at locally owned Camp Fortune.
The visit is capped with a University of Ottawa / Sun yat-Sen Business School Delegation Dinner Reception on October 5th. The Mayor's office, in partnership with Telfer Executive MBA Program and Gowlings, will be hosting the reception with guests from the business community at the elegant Château Laurier. Special guests will include the mayor of Ottawa Jim Watson, senior officials from the Embassy of the People’s Republic of China and senior executives from the University of Ottawa.The academic portion of the week will be three fold; Global Competitive Intelligence; Economics for the Global Manager; and Self-Leadership and Branding.
During their scheduled leisure time, the executives will enjoy Canada’s rich history with visits to Parliament Hill, the Rideau Canal, as well as Ottawa’s ByWard Market.
- Category: Latest News
The Telfer Executive MBA Class of 2017 has spoken and the candidates will be going to Kuala Lumpur, Malaysia.
The votes were cast and decision was made during the week of June 6, 2016, after insightful presentations from 7 teams that form the cohort. The presentations focused on four key factors:
- Strategic importance of respective international market to Ottawa and Ontario.
- The number of Canadian organizations already invested in the market.
- Market interest or focus by local associations such as Export Development Corp and the Canadian government.
- The level of impact each respective international market would have on the cohort’s international market experience, careers and global resume going forward.
This was the final step of the International Market Evaluation & Selection course that started in March. In total 14 different international cities were evaluated and Kuala Lumpur was selected on June 8, 2016. The course mirrors the strategic approach that an organization would take when evaluating and making a decision on a specific international market on expanding its global footprint. The process forms the compelling nature of the Telfer Executive MBA program, a program that strictly focusing on a Global, Practical and Relevant curriculum by anchoring key learnings on the Signature Series of Six Business Consulting Projects. The program works with over 50 client organizations in addressing business challenges and market opportunities. The Class of 2017 will be working with Canadian companies on exploring the Association of Southeast Asian Nations (ASEAN) market as it marches the client organizations to Kuala Lumpur in April 2017.
About Kuala Lumpur, Malaysia
Kuala Lumpur is the capital city of Malaysia and is located in Southeast Asia bordering with Thailand, Indonesia, and Brunei. It is home to a diverse and multicultural population of 30 million, with over seven million located in its most populated urban centre. The country’s annual GDP growth for 2015 was down from their 2014 growth of 6% but exceeded economist expectations by closing at 5%, reported by Financial Times in February 2016. Malaysia’s growth and opportunity has caught the attention of several of Canadian international groups, including Global Affairs Canada that listed the region as a priority market for Canadian business. Export Development Canada recognized Malaysia as a key market and it is also listed on Ontario’s top ten Asian markets.
Kuala Lumpur (KL) is the economic and business centre of the country and is considered one of the fastest growing metropolitan regions in South-East Asia. KL is one-hour flight time from the highly-developed and dynamic business environment of Singapore. The frequency of business is evident by the over 30 daily flights between KL to Singapore.
This is the second time a cohort of Telfer Executive MBA program has chosen Kuala Lumpur as a market destination for their International trip. The Class of 1997 departed to Kuala Lumpur to pursue opportunities of Malaysia’s emergence as a high-tech hub of the Far East exactly 20 years ago.
The Next Steps for the Class of 2017
Over the course of the next eight months the Telfer Executive MBA teams will be engaging with seven Canadian organizations that are looking to increase their business footprint in the Malaysian market. This global component of the Telfer Executive MBA curriculum focuses on leveraging both primary and secondary sources to conduct a market and business analysis, and to validate the market potential prior to the teams traveling to KL. The Class of 2017 will be in KL in April 2017, respective teams will leverage other data gathering methodologies including in-country with key stakeholders to validate the market potential.
The Telfer Executive MBA consistently provides compelling business value to respective client organizations as each candidate learns international business is not difficult with solid planning and precise implementation.
- Category: Rising Stars
Dasha Shakov, a third year BCom Marketing student, is an innovative entrepreneur who is sure to inspire and impress everyone she meets for years to come. As a student juggling a part-time job, yoga, travelling and extracurricular activities, Dasha still managed to find time to found Parcelly with her mother, an online parcel shipping company. The idea behind Parcelly is that it offers a unique gifting solution for long distance friends, family members, and loved ones. They throw 4-5 special items together which is catered towards a specific theme, like for a birthday, a wedding or even a breakup. Once a person orders a package from their online store, the mother-daughter duo puts the items together in a box and ships it to the recipient’s address. “It’s a hassle free, meaningful, and creative way to show someone you care,” she says.
Dasha also spends a lot of her time being one of the Event Directors of the Telfer Business Law Association. She was involved with planning the club’s Mooting Competition, Wine and Cheese and Third Annual Speaker Series. “Getting involved in a club allows you to engage with amazing people, organize and participate in various activities,” she says, “It’s a really fun way to make long lasting memories!”
Dasha feels like she belongs at the Telfer School of Management. With it being located in the heart of the Nation’s capital, she likes getting to meet other bright students coming from around the world. “The Telfer School has allowed me to broaden my horizons and meet an enormous amount of incredible, like-minded people. It’s a fulfilling place to learn,” she says.
What matters the most to Dash is being true to herself, proactively facing herself with new challenges, embarking on new opportunities, and saying “yes” to things outside of her comfort zone. She recently applied to study in France next year though the Telfer's International Exchange Program. “Living and learning away from home, in a foreign country, is definitely outside of my comfort zone, however it would be an amazing experience that I would remember for the rest of my life,” she says.
Dasha’s company, Parcelly, has been featured in other articles on campus, such as The Fulcrum and Her Campus and has also appeared in Kidbacker.
- Category: Rising Stars
Written by Paulo Guedes Moreau, 2nd year Telfer BCom (International Management) student
I consider myself fortunate to have participated on Junior Team Canada (JTC) on behalf of the Telfer School of Management. In October, I was looking for a scholarship which reflected the growing importance of multiculturalism in business. At the time, I was applying for the Ontario Global Edge scholarship with the help of Kimberley Barclay, a professional Relationship Manager at the Telfer Career Centre. We had an interesting chat about the importance of understanding the interconnections among nations in today’s business world. She suggested I speak with Amy Giroux. Amy as it turned out was the head of an organization called Global Vision.
Global Vision is a national not-for-profit, registered charitable organization that provides youth with real world experience to make meaningful connections between business, government, and community. JTC is the flagship program of Global Vision. Each year a delegation of 20-30 Canadian youth leaders are selected through a nationwide competition to promote Canadian industry and culture abroad through a JTC trade and development mission. JTC Ambassadors are representatives for their communities, province and country.
After two hundred letters, one hundred cold calls and fifty meetings in January, I received my total sponsorship amount. Obtaining the funds was difficult, but worth it as it allowed me to experience an international business mission and to apply the concepts taught in my International Management program.
Being a dual citizen of Canada and Peru, Global Vision further appealed to me when I found out that its upcoming mission was to Peru, a country in South America and a trade partner to Canada in the Trans-Pacific Partnership and Asia-Pacific Economic Cooperation (APEC). Further, Peru will be hosting the APEC summit this year. These trade agreements require an understanding of the growing importance of multiculturalism in business. This mission allowed me to gain valuable insight about cross-cultural teamwork, a value I strongly believe in.
The courses at Telfer have a professional focus on “Unlocking the Value of Globalization” – the Telfer School’s fifth Learning Objective. My courses prepared me to grasp the intricacies of international trade and developing business relationships. For example, prior to leaving for Peru, the CEO in Residence speaker Nick Quain encouraged me to read Dale Carnegie’s novel for better business communication. As well, the concepts taught by Matthew Archibald about the works of Geert Hofstede provided excellent insights. The cultural dimensions theory by Hofstede gave me further understanding into communicating in Latin American culture. As we had many networking events to secure our mandates in Peru, I was prepared to adjust to the different schedule of Latin American culture.
The Telfer Career Centre’s training events enforced the notions of how much first impressions matter in business. We were able to meet many key officials in Peru’s public and private sectors through our networking events. I am grateful to have participated in the etiquette workshop by Julie Blais-Comeau and the professional attire workshop by Alyssa Beltempo was very useful in maximizing my networking abilities.
I look forward to thanking both the Telfer School of Management and the Career Centre team at their celebration reception in March 2016.
The following video provides a brief summary of my memorable experience.
- Category: Rising Stars
Felipe Izquierdo is a 4th year BCom Finance student who takes social entrepreneurship to heart. He was selected to attend One Young World Summit in Thailand’s capital city on the week of November 18 to 21. “Attending the One Young World summit in Bangkok is like being able -- in only a few days -- to travel the world and learn about the global problems directly from youth leaders that are working at the front lines in their countries and communities,” he says. Felipe was able to discuss solutions and projects about human rights, the environment, global business and entrepreneurship, peace, security, leadership and government with other student leaders. He admits that the atmosphere in a room where people from 196 countries all come together to be united by humanity and passion for tackling world issues is overwhelming and “hard to put into words.” He had the opportunity to attend as part of the student organization Enactus uOttawa.
Additionally to Enactus, Felipe is involved with the Legacy Conference, an entrepreneurship-focused event founded by a group of students with a goal to cultivate new ideas and kickstart business endeavors, as well as Omnium Financier Telfer, as the Director of Community Involvement, where he organizes volunteer events for finance and accounting students. He is also a Community Advisor for the University of Ottawa Housing Services. Felipe says that his favourite class taken at Telfer so far has been Stephen Daze and Hanan Anis’ new course, “Entrepreneurship Foundry”, because of the hands-on aspect of it. Felipe enjoys having the opportunity to - with other entrepreneurs from uOttawa - work on a start-up throughout the semester with the support of very successful mentors.
The One Young World Summit will be held in Ottawa in 2016. Click here for more information.
- Category: Latest News
Related links
The uOttawa Enactus team just competed in the semi final round at the Enactus World Championships, and was named one of top 16 teams among 1,700 other universities and colleges worldwide.
After their humble beginnings of starting as a group of 12 tight knit members, Enactus uOttawa has grown to be a team of 116 highly capable and innovative students, spanning across 7 different faculties at the University of Ottawa in just four years. In recognition of both the local and international impact they’ve made through a variety of projects, the team, after having been crowned National Champions in Toronto this past May, represented Team Canada at this year’s World Cup - taking place for the very first time on the continent of Africa
A 3 day event of competition, collaboration, and celebration, the Enactus World Championships are an opportunity for representatives from 36 different countries to showcase the social impact they’ve made through presentations of up to 17 minutes. Enactus uOttawa showcased 2 of their 12 projects which have empowered countless individuals, created many jobs, and effectively eliminated waste in their local community - the most notable being a project by the name of CigBins. CigBins, a cigarette butt and recycling service, provides meaningful job opportunities to individuals with mental illness. It has thus far diverted over 183,000 cigarette butts off the city streets, and generated $129,000 in revenue.
In addition to the competition rounds, the Championship’s events also consisted of two Action Leaders Forums (covering the topics of Food, Water, and Energy Security) in addition to a Women’s Economic Empowerment and Entrepreneurship Forum - which were supplemented by various guest speakers. Featured performances included African Footprint, The Soweto Gospel Choir, and DJ Reactagirl.
With last year’s Enactus World Cup taking place in Beijing, China and this year’s competition in South Africa, a country in which every public university is involved with the organization, the championship moves internationally from city to city each year, and will be taking place in Toronto, Canada for the 2016 rounds.
Contact
Enactus uOttawa
(613) 562-5800 ext. 3700
- Category: Rising Stars
Being a Coach, I see international students every day. We make individual or group appointments to talk about anything and everything. A student may show up with a specific question about a course or can learn about student sport clubs. I am like their “Google” because I answer their questions and refer them to resources that can help them.
In addition to these daily meetings, my team and I organize academic workshops and social events for our students. We often plan lunch meetings where we talk with students while enjoying a good pizza. We also give learning techniques workshops and review sessions throughout the year. As well, we organize outings such as skating on the Rideau Canal or visits to supermarkets. These outings allow international students to be more easily integrated into society and to perform better at school.
I became an International Student Coach two years ago. I want to help new students because I was in their position a decade ago. I am an immigrant from China and I went through what these international students are going through now.
I landed in Canada for the first time on a muggy night in June 2002. I was eight years old when I came here with my parents. I did not know what to expect in my new life because I was unfamiliar with my new country’s culture and language. Integration into a new environment is certainly exciting, but can sometimes be a bit intimidating. I therefore understand that it takes a lot of courage for newcomers to open up to the new people they meet. My role as a Coach is to guide you along your road to integration so that together, we can enjoy this incredible experience that the University of Ottawa has to offer.
- Jia Li
International Student Coach
- Category: Latest News
We are pleased to announce a new partnership for our International Exchange Program with the Vienna University of Economics and Business (WU), accredited by EQUIS, AMBA and AACSB.
With about 23,000 students from Austria and abroad, WU is Europe's largest educational institution for business and economics, business law, and social sciences.
WU is ranked as one of the best 200 Business and Economics School in the world by ARWU. Their Master in Management is ranked in the 13th spot in the Financial Times. They are also ranked as the 42nd best European School and 62nd best EMBA in the Financial Times.
WU’s research focuses mainly on the following key areas:
- Applied economics and socioeconomics
- Business and economic law
- Empirically-focused research on management, marketing, finance, and accounting
- Information systems, computing, and supply chain management
- International business, especially CEE regional studies
- International business taxation
To learn more about their programs, please visit their website: www.wu.ac.at/programs.
- Category: Business Analytics and Performance
Dr. Yeoh will be visiting from October 20 to 30, 2015 and will be engaged in BI research in collaboration with Greg Richards.
Dr. William Yeoh is a faculty member in Dept of Information Systems and Business Analytics (DISBA) at Deakin University. He is also the Co-Director for Australia's first IBM Centre of Excellence in Business Analytics housed at Deakin. His teaching experience includes Business Intelligence (incl IBM Cognos), Enterprise Systems (incl SAP), Information Systems Analysis and Design, Database Design, etc. He has been actively involved in supervision of HDR students. He has successfully co-supervised 3 Masters (by research) to completion, and is currently co-supervising 4 PhD students. His main research area includes Business Intelligence/Analytics, Information Quality and Information Systems. His research has appeared in high-tier journals and most competitive top five IS conferences (i.e. ICIS, ECIS, PACIS, AMCIS & ACIS). Recently he has been appointed as an International Collaborative Partner (ICP) of UTAR Global Research Network, as well as an Adjunct Senior Research Fellow of University of South Australia. In his spare time, he enjoys playing badminton.
To contact Dr Yeoh during his stay, please contact Greg Richards at
- Category: Rising Stars
Marina Kidisyuk, co-president of the uOttawa International Genetically Engineered Machine (iGEM) program, will be in Boston with the rest of her team presenting their synthetic biology project at The Giant Jamboree.
This year, the team will be creating a tri-stable switch, modelling cell differentiation in yeast that can ultimately lead to improved regenerative therapies using stem cells while the business outreach team will be exploring the fair use of genetic material between industry and academia via a policy paper all the while using art to create a platform for public engagement.
The uOttawa team typically consist of 20-25 undergraduate students with varying levels of experience, and 3-4 graduate and faculty advisors who work on aspects of one or more specific projects.
“I was always interested in innovative ideas and I saw iGEM as an opportunity to get involved in a project that is pushing the boundaries of future technology. The field of synthetic biology is still relatively new, but I find it exciting that it could hold many sustainable and non-invasive solutions to unanswered environmental and medical problems today,” says Kidisyuk. This is her second year involved in the program.
Marina, having a particular interest towards the biotechnology industry, chose to study at the Telfer School of Management for its focus on innovation and Ottawa’s multitude of biotechnology companies. She enjoys her field of study as she says: “It [Accounting] is the language of business, and business has the power to turn a creative idea into a real world application which can drastically change our future for the better.”
The class that has left the biggest impression on Marina so far has been Business Law with Gilles LeVasseur. “The biggest lesson I learned from him is to plan for and cover every single step in business no matter how trivial you think it is at first, which has served to be invaluable in my experience as someone who is interested in entrepreneurship and intellectual property,” she says.
Marina’s future goals are to bridge the gap between industry and academia. She hopes to be able to connect to students and industry leaders in science so that through collaboration, creative ideas can become reality. She says: “Today biotechnology is at the forefront of leading innovation, and as a business student I want to be involved in making sure that the right inventions can create solutions to unsolved real-world problems.”
Last year, the iGEM uOttawa team received the Silver Medal at the 2014 iGEM Giant Jamboree from among 245 universities world-wide. The Giant Jamboree is taking place at the Hynes Convention Center in Boston from September 24 – 28, 2015.
- Category: Latest News
On May 9, 2015 candidates from the Class of 2016 travelled to Silicon Valley as a part of Telfer Executive MBA's Innovation and Entrpreneurship Trip and Consulting Project.
Over the duration of the week, the teams of candidates will finalize their findings and will submit their final recommendations to their San Jose-based start-up client. The objective of the report is to address a business problem as well as to understand the challenges and opportunities of doing business in a highly innovative environment.
In addition, candidates will also visit several of the world's leading technology companies, attend private executive briefings with senior Silicon Valley leaders and see first-hand previews of the future technology and innovation. Technology companies on the agenda for this year include IBM, AVAYA Inc., Stanford University, Rocketspace, Google, Aruba Networks, and US Market Access Centre.
Teams will be contributing to a daily blog which will be featured on the Telfer Executive MBA webpage as well as the Ottawa Business Journal.
Anticipation for the trip
Published on Monday, May 14, 2015 by Salim Charabati, Telfer Executive MBA candidate
The return of Silicon Valley North?
Published on Tuesday, May 15, 2015 by Deepali Bhatt, Telfer Executive MBA candidate
Lessons learned on day one
Published on Wednesday, May 20, 2015 by Taylor Bildstein, Telfer Executive MBA candidate
Touring IBM and more
Published on Thursday, May 21, 2015 by Mathieu Leduc, Telfer Executive MBA candidate
- Category: Latest News
What do Queen’s, Cornell, Princeton, Columbia, Peking and the London School of Economics all have in common? These are just some of the schools who were surpassed by Telfer’s team in the 2015 Rotman International Trading Competition (RITC). Following an intense two days of competition (Feb. 20 – 21), among 50 different teams from across the globe, Telfer’s team emerged 9th. This is all the more impressive considering that the competition was largely made up of graduate-level students in finance and quantitative engineering.
This year’s team consisted of six of our highest-performing finance students: Ian Harten, Cassy Aite, Malanga Mposha, Ethan Zhang, William Tu and Daniel Shannon and coached by Pouya Safi, the Manager of the Financial Research and Learning Lab. The team was formed following their exceptional performance at the Telfer Trading Competition in October. Since then, the team had been meeting regularly to devise their strategies and practice on the RIT software. Anyone passing the Financial Research and Learning Lab was likely to have seen these team-mates preparing for the competition. This preparation only became more intense as the competition approached. By the time reading week had started, RITC team members could be found practicing round the clock. Even on the train ride down to Toronto, the team continued to fine-tune its strategies.
RITC is an annual competition that pits teams of finance, economics and mathematics students against one another in six intense competitive events.
First among them was the BP Commodities case. Here team members were assigned roles as traders, producers or refiners. The team had to work together to interpret market signals and trade various petroleum commodities and futures contracts.
The Optiver Options case, in which the team finished 9th, had the team analyze market data to trade different call options on a fictitious exchange-traded fund. Competitors devised a model that collected, interpreted and modeled this data and devised a strategy to successfully trade on this model’s data.
The Sales & Trading case, in which we finished 10th, required participants to take on the role of a trader and make rapid evaluations of liquidity risk. Throughout the case, the traders had to assess the value and risk level of dozens of tender offers and execute trades on the positions gained through these tender offers. Success was determined by the team’s ability to manage its market exposure while exploiting market-making opportunities.
The S&P Capital IQ Equity Valuation case consisted of building a discounted cash flow model for four companies. As news items were released during the competition, updates had to be incorporated in to the model. As these new data emerged, players traded all four stocks to exploit possible market mispricing.
The Algorithmic Trading cash, in which the team finished 9th , focused on the development of a trading algorithm that would analyze market data and trade on that data, all while avoiding market penalties. Requiring a tremendous amount of preparation, this case was carried out by a single team member, Ethan Zhang, sequestered in a closed room.
The most colourful competition was definitely the Quantitative Outcry Case, in which Telfer placed 2nd. This involved two team members acting as market analysts and incorporating market data in to a model of four countries’ GDP in order to price a market index. This estimate was then transmitted via silent hand signals to two other team-members working in an open-outcry trading pit. These players, dressed in bright costumes to make themselves more visible to the analysts, bought and sold based on the analysts’ instructions.
This was only the second time for Telfer to participate at the competition, and they saw a huge improvement from last years’ 40th place finish. The practice, hard work and dedication played an instrumental role. Those on the team that are not graduating are already thinking about next year’s competition. However, no one is guaranteed a returning spot, they must all earn their spot next year. The bar is set high for a top 5 finish in 2016. A special thanks also goes to the Telfer Marketing Department, SFUO and Career Centre for their help in funding the expenses of attending the competition.
- Category: Rising Stars
The University of Ottawa iGEM team traveled to Boston, MA for the annual iGEM World Jamboree competition which was held from October 30 to November 1. The team of students from science, engineering, and Telfer competed against hundreds of university teams from other parts of the world for the most innovative application of synthetic biology. This was a particularly successful year as our team took home the silver medal in the undergraduate division for our tri-stable switch, a system responsible for cell differentiation.
This was a successful year for the finance team as well. It reached out to sponsors and set up fundraisers to ensure sufficient funding so that as many of the team members as possible could attend the competition. This experience in Boston has helped students connect with many innovative students from all over the world, who have now become contacts for future collaborations.
iGEM will resume its activities in the new year and will be looking forward to more unique experiences on the team and establishing a closer link between business and science collaborations.
- Category: Appointments and Honours
Marvin Hough, Executive in Residence at Telfer and University of Alberta (BCom and MBA) graduate has spent a significant part of his career promoting Canada-India trade relations. He is also President of MIRA, an international consulting firm.
Marvin served 30 years at Export Development Canada (EDC) where he supported many Canadian firms selling to or investing in India through the provision of financing and insurance services. During his EDC career, he also undertook a four year assignment in India with the Department of Foreign Affairs, Trade and Development as a Trade Commissioner in India to gain on the ground experience.
Since retiring from EDC, Marvin has continued to support the effort by teaching in the EMBA and undergraduate programs at Telfer (where he has developed courses on doing business in India and organizing the annual India Forum). He has also been active in supporting Indo-Canadian trade, through his work as a Director of the Canada–India Business Council (C-IBC) and member of the Indo-Canadian Ottawa Business Chamber (ICOBC). Marvin's long term efforts in supporting Indo-Canadian trade have recently earned him an Award of Excellence from the ICOBC.
According to Marvin, since his assignment in India 25 years ago, there have been some very positive developments in both the Indian business environment and the relations between Canada and India. He believes that, in many ways, the timing for Indo-Canadian commercial collaboration has never been better and the Indian market never more exciting.
The recent election in India offers great promise that economic reform will ramp up and that some of the red tape will be removed. Further, according to Marvin, government to government relations are also poised to bring us a free trade agreement as we move forward.
From Marvin's perspective, the big question is whether Canadian firms will get serious about India and make a commitment to the market. The modest level of two way trade between Canada and India ($6 billion) can be attributed to a considerable degree to the lack of commitment by Canadian firms. Canadian executives must understand that they not only need to commit time and money to penetrate the market, they need to adapt their approach from that used in the US and other developed markets.
In India, Canadian firms need a more flexible agenda, they need to connect and build trust and really focus on relationships. They need to understand that an effective presence in the market is crucial and adapt to the local business culture. They also need to be well prepared for tough negotiation and very price conscious buyers.
Marvin intends to continue his efforts to support the cause through his teaching at Telfer, his work at the C-IBC and his consulting advice to Canadian firms looking to penetrate the Indian market. "Above all, to realize the potential, we need to demonstrate that Canadians are committed to long term relationships with India and that we are willing and able to adapt to the market".
Photo: Indian High Commissioner Admiral (Retd) Nirmal Verma with Marvin Hough
- Category: Latest News
On October 17th, 15 students from the Telfer School of Management embarked on a journey to China that truly brought them a once in a lifetime experience.
Enactus uOttawa is a non-profit organization consisted of a community of student leaders who are committed to using the power of entrepreneurial action to transform lives and shape a better more sustainable world. With 5 incredible projects with this common goal, Enactus uOttawa is currently one of the top teams in Canada, thereby leading to the opportunity to attend and support Team Canada, represented by Enactus Memorial, at the 2014 Enactus World Cup Competition in Beijing, China! Thus, 15 representatives from Enactus uOttawa flew to Beijing, China on October 17 to participate in this Olympic equivalent of the Enactus world.
The experience that followed is one that we will cherish for our entire lives.
Our team arrived in Beijing and experienced numerous exciting tourist attractions: The Summer Palace, the lively markets, Tiananmen Square, The Forbidden City, and of course, The Great Wall of China. Not to mention the luging we did down the mountain from the Great Wall!
With 34 countries represented, ranging from Brazil and South Africa to Russia and Australia, the competition began with a fair that featured all the countries’ cultures, including clothing, food, and activities. It was an exciting experience to venture through this large room filled with people from, quite literally, all around the world!
The World Cup competition presentations showcased the teams’ outreach projects’ and their ability to positively impact people’s lives. Team Canada advanced as far as the semi-finals, with Ireland, China, Morocco, and Puerto Rico progressing to the finals which were held the following day.
In the end, China was named the 2014 World Cup Enactus Champions in front of a roaring crowd of over 5,000 student, academic and business leaders! Their project created a wind and solar generator system that supplied electricity to local herdsman and in turn, doubling their annual income. Throughout the competition, there were also some fascinating speaker panels, featuring the CEO of Walmart, the Executive Vice President of Coca Cola, President of the U.S. Foundation of KPMG LLP, as well as many others.
It was an experience to remember, and we were extremely excited to have had the chance to not only explore Beijing, but meet hundreds of incredible like-minded friends who are change-makers —just like us— from around the world.
by: Liora Raitblat
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