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  • Press release: Ivey Purchasing Managers Index:April 2010
    of April 2010 stood at 58 7 The corresponding figure for April 2009 was 53 7 and for April 2008 was 57 6 The Employment index for March stood at 54 Inventories 50 Supplier Deliveries were 42 5 and Prices were 59 2 The Ivey PMI is not adjusted for seasonality or inflation and shows responses to one question Were your purchases last month in dollars higher the same or lower than the previous month A figure above 50 shows an increase while below 50 shows a decrease Please check the website http iveypmi uwo ca for more information 30 About the Richard Ivey School of Business The Richard Ivey School of Business www ivey ca at The University of Western Ontario is Canada s leading provider of relevant innovative and comprehensive business education Drawing on extensive research and business experience Ivey faculty provide the best classroom experience equipping graduates with the skills and capabilities they need to tackle the leadership challenges in today s complex business world Ivey offers world renowned undergraduate and graduate degree programs as well as Executive Development at campuses in London Ontario Toronto and Hong Kong For more information please contact Dawn Milne Richard Ivey

    Original URL path: http://www.ivey.uwo.ca/media/2010/100506.htm (2013-06-03)
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  • Press release: Finding the recipe for success in partnerships
    Faculty Fellow Richard Ivey School of Business investigates factors that contribute to successful partnerships between profit and non profit organizations known as cross sector partnerships While cross sector partnerships for such initiatives have advantages because they leverage the strengths of each party incompatibilities might also jeopardize the relationship Exploring four partnerships in Canadian healthcare involving large publicly traded companies and hospitals or hospital based research institutes the researchers discovered some ingredients for a successful mix These include seeking the right partner with a shared vision and continuously assessing the relationship s progress and redefining each party s role as the relationship unfolds It s critical to not let the relationship slide into complacency role adjustments are drivers of success said Branzei Role adjustments can lead to new different or stronger connections Their findings show role adjustments come naturally as partners collaborate more intensely but become increasingly challenging as the relationship derails Partners need to actively manage their differences and interdependencies to help reverse temporary setbacks and accelerate success said Le Ber Like a marriage partners must make patient investments in their relationship The emphasis is on fit compatibility and constancy of purpose The research opens the door to further study on how partners overcome friction particularly when faced with difference adversity and external pressure The study Re Forming Strategic Cross Sector Partnerships Relational Processes of Social Innovation is published in Business Society The full study can be downloaded here Please see a Q A on cross sector partnerships here 30 About the Richard Ivey School of Business The Richard Ivey School of Business www ivey ca at The University of Western Ontario is Canada s leading provider of relevant innovative and comprehensive business education Drawing on extensive research and business experience Ivey faculty provide the best classroom experience equipping graduates

    Original URL path: http://www.ivey.uwo.ca/media/2010/100505.htm (2013-06-03)
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  • Expert View: Rick Robertson reveals why HST is good for business
    business May 2010 Ontario s new harmonized sales tax HST coming into effect on July 1 may be getting mixed reviews but some finance experts point to its potential to improve the economy Rick Robertson Associate Professor of Managerial Accounting and Control Richard Ivey School of Business can comment on the benefits of the HST for businesses It reduces the complexity of gathering taxes which means cost savings Additionally since businesses won t have to pay the PST it should reduce their costs of producing goods so they can increase productivity and lower their retail prices he said This should make our businesses more competitive internationally because we don t have to find a way to recoup the PST Robertson can be reached at 519 661 3216 rrobertson ivey uwo ca Ivey Experts List Denis Shackel Management Communications Leadership lessons from his new book Five Seconds at a Time How Leaders Can Make the Impossible Possible 519 850 2557 dshackel ivey ca Jana Seijts Management Communications Cross cultural communication in the workplace 519 850 2491 jseijts ivey ca Craig Dunbar Finance Finding the right time to go public See Q A 519 661 3716 cdunbar ivey ca Ivey Media Contacts

    Original URL path: http://www.ivey.uwo.ca/media/2010/expert-view/1005.htm (2013-06-03)
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  • Press release: Banks need to strengthen adherence to lending principles
    same ones being hit with negative publicity due to their lending decisions Many banks have recently signed onto international principles such as the United Nation s Principles for Responsible Investment and the Equator Principles motivated in part by a desire to enhance their reputations in the eyes of environmental watchdogs and to appease a growing number of investors with environmental concerns These banks have committed to strong environmental and social governance including establishing standards for environmental and social risks in their credit and loan businesses said Tima Bansal Executive Director of the Centre for Building Sustainable Value at Ivey But the report authored by Bansal and Ivey PhD candidates Brent McKnight and Michael Wood found that lending controversies remain It s not that these banks are necessarily signing these agreements to greenwash said Bansal They are likely attempting to deflect the controversies they might run into but they don t always have their house in order She called on banks to recognize that signing agreements does not seem to deflect public scrutiny which is becoming more commonplace Consistent good practices are needed to lessen public scrutiny For more on the report please see http www ivey uwo ca centres building outreach ideas default htm The data for this report was provided by Jantzi Sustainalytics which tracks firm performance according to environmental social and governance themes for more than 2 100 companies from 32 countries Included are data pertaining to supply chain practices products and services philanthropy community involvement business ethics and corporate governance 30 About the Richard Ivey School of Business The Richard Ivey School of Business www ivey ca at The University of Western Ontario is Canada s leading provider of relevant innovative and comprehensive business education Drawing on extensive research and business experience Ivey faculty provide the best

    Original URL path: http://www.ivey.uwo.ca/media/2010/100426.htm (2013-06-03)
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  • Press release: High-profile Canadian investor shares investment tips
    Toronto based investment firm operated by Mackenzie Investments Known for discovering undervalued small to medium sized companies Tattersall will speak at the Richard Ivey School of Business on April 26 about his company s investing strategy which focuses on estimating the long term profitability of a company rather than short term earnings The presentation is part of Ivey Professor George Athanassakos value investing course Athanassakos heads Ivey s Value Investing Centre and holds the Ben Graham Chair in Value Investing Tattersall s visit is one of several special events in the value investing course David J Winters of Wintergreen Advisors recently spoke with Ivey students about Trifecta companies Earlier this year the students also visited renowned value investor Warren Buffett at his company headquarters in Omaha They also recently met Prem Watsa the Buffett of the North and attended the annual meeting of shareholders for Fairfax Financial Holdings Ltd Athanassakos said such events help to reinforce the learning in the classroom We ve focused on connecting the students with people who fit our mandate of promoting the style of investing developed by Benjamin Graham referred to as Value Investing he said Our students have been privileged to gain insights from financial geniuses in this field What Robert Tattersall Executive Vice President and Senior Portfolio Manager Howson Tattersall When Monday April 26 11 30 a m 1 p m Room SoH3317 Additional information Mr Tattersall will be available to speak with reporters Media should RSVP to Dawn Milne 519 850 2536 dmilne ivey ca 30 About the Richard Ivey School of Business The Richard Ivey School of Business www ivey ca at The University of Western Ontario is Canada s leading provider of relevant innovative and comprehensive business education Drawing on extensive research and business experience Ivey faculty provide the best

    Original URL path: http://www.ivey.uwo.ca/media/2010/100423.htm (2013-06-03)
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  • Press release: Applying mathematics to health-care problems
    off schedule it can be very expensive for the health care system because each surgery has specific staff and equipment needs Overtime costs for an operating room are particularly high But if surgeries are completed early valuable operating room time is lost and waiting lists stay high When surgery durations vary and can t be anticipated you have to approach the problem systematically in order to minimize costs in the long run said Begen Begen and his research collaborators used management science to develop a model for scheduling appointments Management science involves creating and using mathematical models to support decision making Begen s model keeps track of waiting time for patients idle time for staff and equipment and overtime A good appointment schedule should balance these relative differences and minimize the total expected cost said Begen Next he ll implement his models with a computer program and then apply it in the field Although he intends to test it primarily in the health care sector it can be used in many contexts such as airport gate planning and project management Begen is also researching ways to modify contractual terms to align the incentives of surgeons and hospitals in regard to surgery scheduling Surgeons may overbook surgeries because they are paid by procedure but hospitals pay significant costs when surgeries are delayed or enter overtime Details of the research were released in the April edition of impact an online monthly publication featuring new research from faculty at the Richard Ivey School of Business To read the full article please see http www ivey uwo ca publications impact Vol16No4 Begen htm 30 About the Richard Ivey School of Business The Richard Ivey School of Business www ivey ca at The University of Western Ontario is Canada s leading provider of relevant innovative

    Original URL path: http://www.ivey.uwo.ca/media/2010/100416.htm (2013-06-03)
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  • Press release: Ivey undergraduate student business journal focuses on ?Going International?
    Is China s Growth Just a House of Cards for Western Corporate Giants which outlines pitfalls that multinationals need to watch for as they enter this dynamic region and provides a roadmap to help them find where there is real growth The article Social Media off the Rack discusses how high end fashion manufacturers and retailers are putting their brands at risk when using sites like Facebook and Twitter and recommends ways in which these companies can use social media to reinforce their competitive advantages Other articles include Uber Specialization A model of industry in developed economies Microsoft s Lost Decade Why Microsoft has fallen behind and the changes it needs to make to bring innovative products to market The Big Pharma Bust The collapse of western pharmaceuticals and the rise of the Indian drug giant Why Goliath Needs David How major film studios are threatening their long term survival by closing their specialty divisions Sidecar Funds The new private equity battleground Kraft Enters India Justifying Cadbury s high price NGOX A new model for building processes in developing economies Calvin White an Ivey student and magazine editorial board member said many of the articles confront established business strategy We tried to analyze many of the strategic choices today s big companies are making and see whether or not we would do anything differently In many cases especially those dealing with consumer technology we would he said The Ivey Business Review publishes twice a year in December and in April The magazine can be found online at www iveybusinessreview ca Written and managed by Ivey students the magazine aims to push the boundaries of student thought foster the development and give the leaders of tomorrow a chance to voice their opinions on today s major business issues and strategies Articles

    Original URL path: http://www.ivey.uwo.ca/media/2010/100413.htm (2013-06-03)
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  • Press release: Ivey students helping to shape Sarnia?s future
    ceremony at the London Convention Centre This is a wonderful opportunity for Ivey students to showcase their strategic consulting skills and make a positive impact outside the School They will help build sustainable value and actively balance doing well with doing good by working with community members and organizations from different sectors said Oana Branzei Assistant Professor of Strategy who is leading the project Giving back to our communities is a key value at Ivey and is rooted in the School s mission statement This exercise builds on the Ivey commitment to become contributing members of communities locally nationally and internationally said Branzei who also holds the title of David G Burgoyne Faculty Fellow at the Richard Ivey School of Business Sarnia Mayor Mike Bradley said the initiative gives the city vital resources that would otherwise be prohibitively expensive We are very grateful to the students for donating their time and talent he said The advice and expertise gained from the project will go a long way to reinforce the community and pave the way for a bright future Mayor Bradley encouraged students to ask tough questions and make bold recommendations The best ideas will be shared with Sarnia Lambton residents at a grassroots Community Summit on April 17 to discuss the city s future direction particularly as Sarnia prepares for its centennial in 2014 Sarnia organizations participating in the Ivey Learning Through Action initiative include Sarnia Community Roundtable Sarnia Lambton Workforce Development Board Aamjiwanaang First Nations Environmental Committee Environmental Stewardship Bluewater Sustainability Initiative Sarnia Lambton Environmental Association Sarnia Lambton Economic Partnership Bluewater Power Suncor First Solar Enbridge BPS Lanxess The University of Western Ontario Research Park Media opportunities Sarnia Community Welcome at Sarnia Dow People Place April 12 1 45 2 30 p m meet and greet with Ivey

    Original URL path: http://www.ivey.uwo.ca/media/2010/100412.htm (2013-06-03)
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