intouch Building Dreams Jared Bettridge and Beth Shumka were members of the Ivey Builds team, a student project that created a tangible legacy Page 24

Mentors Matter Page 28

A magazine for alumni and friends of the Richard Ivey School of Business/Summer 2005

Publications Mail Agreement 40015801 CMA Regular Program? If you’ve completed your university prerequisites you’re qualified to write the CMA Entrance Examination.

CMA Accelerated Program? For university grads already in the workforce who want the benefits a professional designation can offer. Which path to becoming a CMA is right for you?

CMA-MBA Programs? For MBA-bound students who want to add a professional designation to their credentials.

A Certified Management Accountant designation equips you to contribute to virtually every aspect CMA Executive of a business. Backed by solid accounting Program? expertise, the CMA program trains you in As a senior strategic, leadership and communication skills, level financial making you an invaluable member to any team. professional Visit our website or e-mail us to find out which reach new path to the CMA designation is right for you. heights and excel in your career. Certified Management Accountants cma-ontario.org [email protected] INSIDE SUMMER 2005INTOUCH FEATURES the pages of Canadian Business New York and a major law firm 16 Two Years On InTouch talks to magazine. And when you meet leads the news from around Dean Carol Stephenson and Associate Denis Shackel and Michael Sider, the world. Dean Kathleen Slaughter two years it’s no surprise – they’re dedicated after they took on challenging new jobs. teachers who love connecting with 36 Development UBS is one of their students. many leading companies who are 20 Class of 2005 As usual, Ivey Ivey Corporate Partners. has produced an outstanding crop DEPARTMENTS of future leaders – men and women 4 Doing Business The Ivey 38 Notes from Near and Far of talent and commitment who Business Consulting Group comes of Find out what your classmates embody Ivey’s mission and live its age, and an Ivey student becomes a have been up to, or dip into values. Meet six representatives. Rhodes scholar – just some of the other eras and marvel at the exciting developments at Ivey. diversity and success of Ivey grads. 24 Ivey Builds Talk about building dreams – Ivey students worked with 12 Alumni News and Events 52 Alumni Speak Hot tips for Habitat for Humanity to create a A unique relationship between IAA/ becoming a leader right now. barrier-free house, then celebrated with a conference featuring Ralph Nader and Stephen Lewis.

28 Contact Sport Mentors can make a critical difference in any career – offering encouragement, sup- port, advice and the right connec- tions. Meet four Ivey grads who found perfect mentors – a fellow alumnus, a business leader and family friend, and an Ivey professor – and get some tips on being a great mentor and mentee.

34 Hot Profs Thanks to the enthu- siasm of their students, they made

Editor in Chief Glenn Yonemitsu, MBA ’89 Editorial Board Bob Beauregard, MBA ’62, alumnus; Stephanie Brooks, HBA ’93, Executive Development; Sandy Hurst, retired Faculty member; Michael Needham, MBA ’68, Advisory Board; Rob Way, Marketing and Communications; David Weiner, MBA ’85, alumnus; Glenn Yonemitsu, MBA ’89, Advancement Managing Editor Pat Morden Design Karin Culliton Production Co-ordinators Don Park, Rachel Condie Contributing Writers Pat Morden, Max Morden, Charlene Ge, Asheefa Sarangi Research Sarah McCarthy intouch is published by the Department of Advancement at the Richard Ivey School of Business, The University of Western Ontario, London, Ontario, Canada, N6A 3K7

@intouch is a regular e-newsletter that provides updates on the School between issues of the magazine. See www.ivey.uwo.ca/intouch intouch welcomes input from all alumni for letters to the editor, articles or ideas on themes. Please send all address changes to Advancement, Richard Ivey School of Business, The University of Western Ontario, London, ON, Canada N6A 3K7, via e-mail to alumni @ivey.uwo.ca or over the World Wide Web at www.ivey.uwo.ca/ alumni. Copyright 2005 – Richard Ivey School of Business. Reproduction in whole or in part without permission is prohibited. LARISSA CHAIKOWSKY, MBA ’04 AND Cover Photo Brian Hillier STEPHEN DIOTTE, MBA ’96 – A MENTOR

PHOTO: DORKEN DW Advertising Sales Rachel Condie, Ivey Advancement (519) 661-4101 28 RELATIONSHIP THAT BENEFITS BOTH. ing Inc. on February 1, the firm now be- staff and three students. It will maintain comes Canada’s first tactical consultan- IBCG’s close relationship with Ivey, and in- cy. Mezzanine targets managers in large clude Ivey faculty members on its Advi- and mid-sized companies who need sory Board.“We have a great resource for Doing some help with their business plans, helping Ivey alumni take their team or Business without trying to reinvent their compa- their company to the next level,” says nies. “We help Canadian businesses get Shepherd. “We can really help them better at what they already do well,” achieve their goals.” The School in the World says Shepherd.“We’re like an MBA SWAT For more information, see team – we come in and quickly do what www.mezzanineconsulting.com needs to be done, and out we go.” Mark Healy, MBA ’05, Mezzanine’s Pre-business students Principal - Director of Operations, hopes contribute to that Mezzanine will do for consulting tsunami relief what WestJet has done for the airline Last December René Frey, HBA ’03, had a Mezzanine Business industry. “We want to run a really low close call. A Business 020 instructor, Frey Consulting launched cost operation, attract high-end talent, was visiting the island of Phi Phi Don in from Ivey Business and deliver high quality, rapid service to Thailand when the tsunami struck. He Consulting Group our customers,” he says. “We’re trying and his brother Kevin were able to race to For three decades the Ivey Business Con- to help the people who really need con- higher ground just ahead of the surge,but sulting Group (formerly Western Busi- sultants – middle managers who are his younger brother Dave was trapped in ness Consulting) provided Ivey students overworked and under-resourced.” his bungalow and forced to dive under with consulting and entrepreneurial ex- Mezzanine now has five full-time three metres of water to find a way out. perience during the summer. But in re- On his return to Ivey, Frey and fellow cent years, the withdrawal of govern- instructors Ian Da Silva, Jenni Denni- ment funding and higher costs of son, Julie Harvey, and Niki Healey coor- education made IBCG increasingly diffi- dinated a tsunami relief effort among cult to sustain. Thanks to dedicated Business 020 students. Together they alumni, IBCG has found new life as Mez- contributed more than $4,000 to the zanine Business Consulting. Canadian Red Cross. Lisa Shepherd, MBA ’02, an IBCG sum- Frey, still haunted by the devastation mer student who loved the experience, left behind by the tsunami, was over- saw an opportunity to put the organiza- whelmed by the students’ response. “I tion on a solid footing. With the consent think it’s great that our students have of the School, she hired full-time staff, been so generous,” he says. “These stu- and opened a Toronto office. With the MEZZANINE BUSINESS dents, who don’t have full-time jobs, have CONSULTING TEAM launch of Mezzanine Business Consult- given as much as $200 to the fund.”

Ivey wins case writing School places third in MBA Rugby 4 competition World Championships Gilbert Chow, Ivey’s men’s rugby Hong Kong Gen- team shows its win- eral Manager of ning form on the Northwest Air- way to a best-ever lines, celebrates third place finish at with Ivey Associ- the 25th annual ate Dean (Asia) championships, held Kathleen Slaugh- at Duke University. ter after Ivey was Ivey’s women’s declared the over- team also placed all winner of the 2004 Asia Pacific Case Writing Competition third in the tourna- for the case,The Pizza Public Company Limited- Thailand, ment. Co-captain authored by Slaughter with Professor Michael R. Pearce and Rob Skringer, MBA ’05, commented:“Overall, this was an amazing ac- Elizabeth O’Neil.The competition was chaired by Chow. complishment for a school the size of Ivey. It was incredible how much heart the teams displayed.” Ivey InTouch Magazine | Summer 2005

HBA STUDENT CHOSEN AS RHODES SCHOLAR

Joelle Faulkner, BESc/HBA ’06 candidate, ty.“I’m lucky, I can handle a number is one of only 11 students from across of things at once – and I have a lot Canada who is heading to Oxford of friends who help me,” she says. next year to study as a Rhodes Scholar. “I think everyone has potential but Faulkner is enrolled in the joint you can only succeed if you try. I just HBA and engineering program at try more.” Ivey, and is also taking courses at Dean Carol Stephenson believes Western Law. She plans to study law that Faulkner is an exemplar of what at Oxford, with the eventual goal of the School stands for.“Joelle repre- MATT HALL, MBA ’05, COMPETITION CO-CHAIR, RYAN ZURRER, HBA ’06, ERIC MORSE, EXECUTIVE DIRECTOR OF pursuing a career in the commercial- sents the type of character, integrity THE INSTITUTE FOR ENTREPRENEURSHIP AND JR SHAW ization of scientific research. and overall caring for others that PROFESSOR IN ENTREPRENEURSHIP AND FAMILY- OWNED BUSINESS, AND ANDRE MOUSSEAU, MBA ’05 In addition to her demanding aca- makes the Ivey mission come alive. demic program, Joelle owns and It would not surprise me to pick IBK Capital Ivey runs Compost King, a soil supply up the newspaper in the future Business Plan company, and volunteers her time at and read that she has just become Competition draws MBAs the University and in the communi- Canada’s Prime Minister!” from across Canada The 7th annual IBK Capital Ivey Busi- ness Plan Competition was won by MBA students from Simon Fraser Uni- versity for their start-up company JARN. The team received $25,000 for their winning business plan and will go on to represent Canada at the Glob- al Moot Corp. competition at the Uni- versity of Texas. The competition, designed to pro- mote entrepreneurship within Canadian business schools, is organized by Ivey MBA students. Competitors submit new-venture business plans for judging. JARN is a company focused on develop- ing storage equipment to better enable organizations to manage data. “This competition offers students the opportunity to compete with inter- national entrepreneurial talents and to network with business students from 5 around the country,” says Matt Hall, MBA ’05 and Co-Chairman, IBK Capital Ivey Business Plan Competition. “In addition, it offers current business leaders the chance to be involved in shaping some of Canada’s future busi- ness leaders.” The IBK Capital Ivey Business Plan Competition is generously support- ed by IBK Capital, Business Develop- ment Bank of Canada, Covington Capital, Growthworks VC, Celtic House, Research in Motion, Brightspark, Prime Restaurants, and

PHOTO: (FAULKNER) PAUL MAYNE,PHOTO: NEWS PAUL WESTERN (FAULKNER) Ventures West. CENTRE FOR VALUE “The creation of the Ben Graham Chair in Value Investing is in INVESTING LAUNCHED memory of the dean of value investing and will help educate the With the generous support of Fairfax Financial Holdings Limit- next generation of value investors in Canada,”said Prem Watsa, ed, the Ivey Business School recently created the Centre for Val- MBA ’74,Chairman,Fairfax Financial Holdings Limited. ue Investing and the Ben Graham Chair in Value Investing. Value investing is the investment style of buying Professor George Athanassakos, the recipient of the Chair under-valued stocks. Perhaps the most famous and Director of the Centre, developed and taught the first Ben Graham disciple is Warren Buffett. value investing course at Ivey from January to March 2005. Athanassakos focuses his research on mar- The inauguration of the Centre was celebrated with public ket anomalies that investors can exploit to lectures by distinguished value investor practitioners. The their advantage.“The heart of this new course first speech was delivered on March 7 by Mr. Irving Kahn, one is to find the intrinsic value of a stock,” he says, of the last remaining associates of Ben Graham, the founder “which is the true economic value that the mar- of value investing. Mason Hawkins, the founder of South- kets will eventually move to. Value in- eastern Asset Management, Peter Cundill from Peter Cundill vestors will invest in a stock only & Associates Ltd., and Mark Holowesko from Templeton Capi- when the stock’s market price is tal Advisers Ltd. also lectured at the Centre well below its intrinsic value.” PROF. GEORGE ATHANASSAKOS, RECIPIENT OF CHAIR IN VALUE INVESTING.

Business Families Lawrence Centre stituency at the International Monetary Foundation hosts promotes new student Fund, delivered a keynote address on conference at Ivey opportunities improving business and government rela- In December, Philippe and Nan-b de Ivey has an exciting new course starting tions to produce sound policy.This was fol- Gaspé Beaubien, co-founders of the in September, thanks to the efforts of the lowed by a panel consisting of board Business Families Foundation in Montre- Lawrence National Centre for Policy and members Kevin Chan, Privy Council Office; al, led a conference, Governance for Busi- Management Advisory Council. Interna- Edward Clarke,CEO TD Canada Trust;Blake ness Families, that brought together tional Business Strategy and Public Poli- Goldring, President and CEO AGF; Jim Din- academics, practitioners and profession- cy, taught by David Conklin, James D. ning, Chairman, Western Financial Group; als who deal with family businesses. Fleck Professor in International Business, and Geoffrey Simpson, Globe and Mail Founded in 1993, the Foundation is will focus on the interaction between national affairs columnist. an international non-profit organiza- management decisions and public poli- The next meeting of the Advisory tion that assists business families in cies. Already it’s receiving a lot of atten- Council will be held on November 3 and the issues they face, by developing tion from HBA and MBA students. “I’m 4 at the Toronto Stock Exchange. The stimulating educational programs very excited,” says Centre Director theme will be government and busi- based on innovative research. Dianne Cunningham. “We’re giving stu- ness in the 21st century, with a focus on Professor John A. Davis of the Har- dents what they want and need.” Canadian American relations. Students, vard Business School, co-author of Gen- The Lawrence Centre has a mandate to faculty, and alumni are invited. eration to Generation: Life Cycles of the be a strong advocate for sound policy that The Lawrence Centre also helped HBA Family Business,was the keynote will ensure a powerful future for Canada. students organize the first annual joint speaker. Professor Eric Morse, Executive “The whole focus is to bridge the gaps conference with the University of Michi- 6 Director, Institute for Entrepreneurship, between business, government, acade- gan’s Ross School of Business.The theme of JR Shaw Professor in Entrepreneurship mia, and labour,” says Cunningham. “It’s the conference, held at Ivey from March 10 and Family-Owned Business, and Dave about getting people to work together.” to 12, was “Business Sustainability.”Despite Simpson, MBA ’88, have been nurturing The Advisory Council met face to face a snowstorm, nearly 40 students from the Ivey’s entry into this important field. for the first time on February 7. With stu- Ross School attended. The conference fea- Watch for more news shortly. dents, faculty, and guests in attendance, tured Jack Mintz, President and Chief Exec- Former Deputy Minister of Finance Kevin utive Officer of the CD Howe Institute. Lynch, now Executive Director for the PROFESSOR JOHN A. DAVIS, HARVARD BUSINESS SCHOOL Canadian, Irish and Caribbean con-

(FROM L-R): DIANNE CUNNINGHAM, DIRECTOR, LAWRENCE NATIONAL CENTRE FOR POLICY AND MANAGEMENT; DR. JACK MINTZ, PRESIDENT AND CEO, C. D. HOWE INSTITUTE; DR. PAUL DAVENPORT, PRESIDENT, UWO; SHALOO SAVLA, FORMER STU- DENTS’ ASSOCIATION PRESIDENT, HBA ’06 CANDI- DATE; DR. MARK VANDENBOSCH, HBA ’84. HBA PROGRAM DIRECTOR AND MAGNA INTERNATIONAL INC. CHAIR IN BUSINESS ADMINISTRATION. Ivey InTouch Magazine | Summer 2005

Board, who will sit for a term of 3 years. I your help to let us know how best we Alumniboard wish to welcome them to the Board and can serve your needs. We are also here thank them for their willingness to work to pass on your input to the School, to on behalf of the alumni and the School. ensure that it continues to provide a It has been a very busy and creative business education of the highest qual- time for the Association. We are work- ity. We would love to hear from you. ing closely with the School on a num- In addition to welcoming the new ber of new initiatives. The Ivey Ring Board members, I want to express a Ceremony has been well received by deep debt of gratitude to those step- alumni. Just recently, 300 grads were ping down. These men and women involved in the ceremony in Toronto, a have made a very significant commit- A MESSAGE FROM PATRICK huge success that we’re hoping to ment and contribution to the School. CROWLEY, HBA ’74, CHAIR, IVEY ALUMNI ASSOCIATION replicate around the world. It’s been a joy working with you, and I Over the past few years we have know you will continue to play an The Ivey Alumni Association is fortunate established a clear vision for the Associ- important role in the future of Ivey. to have more than 18,000 people of enor- ation, and are now developing a strate- To contact the Ivey Alumni Association mous talent and diversity to draw upon gy,conducting focus groups, and exam- Board of Directors, please email alumni for our Board of Directors. I’m very pleased ining best practices in other world-class @ivey.uwo.ca or visit www.ivey.ca/alumni/ to introduce our 16 new members of the institutions. Our success depends on directors.htm for more information.

on-line resources through e-Zone, but we’d like to develop something more New IAA Board members personal and interactive. We’d also like since November ’04 to get the third group involved – those who achieved success and are perhaps Ken Alger, MBA ’00 looking toward retirement. Peter Andrews, MBA ’84 What is the Committee working on?

A CONVERSATION WITH LESLIE We’ve done a lot of best practices work Ross Chan, MBA ’03 STEPHENSON, VEMBA ’98, CHAIR, – looking at what works for other CAREER INITIATIVES COMMITTEE, IVEY ALUMNI BOARD schools, as well as sharing our success- Prakash David, MBA ’05 es with them. Why were you interested in getting One of our major new projects is a Dave DeNoble, HBA ’99 involved with the Ivey Alumni Board? I mentoring program for the mid-career had such a positive experience at Ivey – group. We’d like to get people who Professor Steve Foerster, HBA ’81 it was a privilege to attend the School. have achieved success to be mentors Recently at Earl Orser’s funeral, I was to people making mid-career transi- Fred Gallina, MBA ’04 reminded of his three pieces of advice: tions. We’d also like to develop a man- “Hug your mother; don’t get stuck in a ual laying out clear expectations for Christopher Hewat, MBA ’85 rut; and put something back in the mentors and mentees, and link men- cookie jar.” This is my way of putting toring to coaching by putting together Bill Kiff, HBA ’77 something back in the cookie jar! a recommended list of alumni who are certified coaches. There’s no shortage Maria Knowles, HBA ’77 What are the goals of the Career Initia- of great ideas! tive Committee? We’re developing pro- Verne Milot, MBA ’76 grams to support our alumni in career Why is this work important? I’m not transitions throughout their lifecycle. sure Ivey grads know where to turn Shaloo Savla, HBA ’06 The first group we looked at is those in when they’re ready to make a career the first two years after graduation. transition. They should be thinking Bruce Shirreff, HBA ’74, MBA ’77 Our Alumni Partnership program is about their business school – after all, doing a good job of helping this group. many of them made major transitions Jim White, HBA ’74, MBA ’75 What we’re beginning to realize is that coming out of the Ivey program. Ivey is there’s an opportunity with the second trying to define what makes it different Karen Wright, MBA ’84 group – those from two to 15 or 20 from other business schools – for me, years into their careers. There are good it’s the amazing network of people. Richard W. Ivey, HBA ’72 Stephen D. McDonald, MBA ’83 Ivey’s Advisory Boards Chairman and Chief Executive Executive Managing Director and Ivey is fortunate to have the strong support and wise Officer, Ivest Corp., Toronto, US Country Head, Scotia Capital counsel of many exceptional business leaders. We are Canada Inc., New York, US proud to list the members of just a few of the boards which help propel the School forward. In future issues, we Donald K. Jackson, MBA ’67 Donald J. McDougall, MBA ’61 will share the names of other committees helping Ivey. President, Parkview Capital Partners President, Rambri Management Inc., Toronto, Canada Inc., London, Canada IVEY ADVISORY BOARD C. David Clark, MBA ’66 CHAIR Don Mills, Canada Donald K. Johnson, MBA ’63 Pierre L. Morrissette, MBA ’72 Arkadi R. Kuhlmann, HBA ’71, MBA ’72 Consultant, BMO Nesbitt Burns President and Chief Executive President and Chief Executive Lisa J. Colnett, HBA ’81 Inc., Toronto, Canada Officer, Pelmorex Inc., Officer, ING DIRECT US, Senior Vice-President Human Mississauga, Canada Wilmington, US Resources, Celestica Inc., Toronto, Michael M. Kanovsky, MBA ’73 Canada President, Sky Energy Corp., Michael J. Needham, MBA ’68 MEMBERS Calgary, Canada Chairman, SimEx Inc., G. John Adamson, MBA ’72 George A. Cope, HBA ’84 Toronto, Canada Principal, Cereson Inc., President and Chief Executive David J. Kassie, MBA ’79 Toronto, Canada Officer,Telus Mobility Inc., Chair and Chief Executive Robert E. M. Nourse, MBA ’64 Scarborough, Canada Officer, Genuity Capital Markets, President, ARENA Growth William D. Anderson, HBA ’72 Toronto, Canada Ventures, Santa Barbara, US Stowe, US Clare R. Copeland Chairman, Toronto Hydro, Gilles Lamoureux, MBA ’66 T. Kevin O'Leary, MBA ’80 Toronto, Canada G. F. Kym Anthony, MBA ’80 Vice-Chair, Ernst and Young Managing Partner, North President and Chief Executive Orenda Corporate Finance Inc., Coast Capital LLC, Boston, US Patrick G. C. Crowley, HBA ’74 Officer, National Bank Financial Toronto, Canada Senior Vice-President Finance Group, Toronto, Canada Gilles G. G. Ouellette, HBA ’69, and Chief Financial Officer, ATI Jean-Yves Leblanc, MBA ’73 MBA ’70 Technologies, Markham, Canada Paul J. Atkinson, HBA ’86 Montreal, Canada President and Chief Executive Chairman and Chief Executive Officer Private Client Group, BMO Paul T. Davenport Officer, Casero Inc., Toronto, Canada Stephen D. Lister, MBA ’85 Financial Group and Deputy President and Vice-Chancellor, Managing Partner, Imperial Chairman, BMO Nesbitt Burns The University of Western E. Scott Beattie, HBA ’81, MBA ’86 Capital Group, Toronto, Canada Inc., Toronto, Canada Ontario, London, Canada Chairman and Chief Executive Officer, Elizabeth Arden Inc., Jon E. Love, HBA ’76 Madeleine M. Paquin, HBA ’84 Kirsten J. Feldman, MBA ’84 Miami Lakes, US Managing Partner, KingStreet President and Chief Executive Advisory Director, Morgan Capital Partner, Toronto, Canada Officer,Logistec Corp., Stanley Dean Witter and Co., Montreal, Canada J. Lorne Braithwaite, MBA ’69 New York, US Management Consultant, Park Robert W. Luba, MBA ’67 President, Luba Financial Inc., C. James Prieur, MBA ’75 Avenue Ventures, Toronto, Canada Barbara H. Fraser, HBA ’71 Senior Vice-President Global Toronto, Canada President and Chief Operating Thomas H. Brent, HBA ’59 Marketing, American Express Officer, Sun Life Assurance Chairman, Medihold Ltd., Co., New York, US Terrence A. Lyons, MBA ’74 Company of Canada, Toronto, Canada Chairman, Northgate Minerals Toronto, Canada Peter C. Godsoe, O.C. Corp., Vancouver, Canada Robert V. Brouillard, MBA ’66 Bruce H. Reid, MBA ’64 8 Toronto, Canada Monmouthshire, Wales Timothy E. MacDonald, HBA ’81, Mississauga, Canada Serge Gouin, HBA ’65, MBA ’66 MBA ’88 Laurie G. Campbell, MBA ’89 President and Chief Executive President, A T Kearney Ltd., Robert J. Ritchie, MBA ’70 New York, US Officer, Quebecor Media Inc., Toronto, Canada President and Chief Executive Montreal, Canada Officer, Canadian Pacific Railway, Ronald D. Charles, MBA ’71 Christine A. Magee, HBA ’82 Calgary, Canada Managing Partner, Caldwell Partners Paul J. Hill, MBA ’69 President and Co-Founder, International Inc., Toronto, Canada President and Chief Executive Sleep Country Canada, North Bruce M. Rothney, MBA ’89 Officer, Harvard Developments York, Canada Deputy Chairman, RBC Capital Henry K. S. Cheng, HBA ’71, Inc., Regina, Canada Markets, Toronto, Canada MBA ’72, LLD ’97 Chris R. Matthews, MBA ’72 Managing Director, New World Timothy D. Hockey, EMBA ’97 Chairman, Hay Group, Heather A. Shaw, MBA ’87 Development Co. Ltd., Hong Kong Co-Chair Personal Banking, TD Philadelphia, US Executive Chair, Corus Entertain- Canada Trust Corp.,Toronto, Canada ment Inc., Calgary, Canada Andrew Chisholm, MBA ’85 Michael H. McCain, HBA ’79 Managing Director Investment James L. Hunter, MBA ’76 President and Chief Executive Joseph C. Shlesinger, MBA ’86 Banking, Goldman Sachs and Chairman of the Board, Mackenzie Officer, Maple Leaf Foods Inc., Managing Director, Callisto Co., New York, US Financial Corp., Toronto, Canada Toronto, Canada Capital LP,Toronto, Canada Ivey InTouch Magazine | Summer 2005

William Shurniak Kevin E. Yousie, HBA ’77, MBA ’80 Janet De Silva, EMBA ’94 Yoshihide Nakamura Chairman, ETSA Utilities, President, Crosswater Partners, President, Sun Life Executive Vice-President Keswick, Australia Oakville, Canada Financial (China) Ltd., and Executive Officer, Tianjin, China Sony Chemicals Corp., Douglas E. Speers, MBA ’70 ASIAN ADVISORY BOARD Tokyo, Japan President and Chief Executive CHAIR Yongzheng Hui Officer, Emco Ltd., London, Henry Cheng, HBA ’71, MBA ’72, Chairman & President, Kishore Sakhrani, MBA ’83 Canada LLD ’97 Shanghai Innovation Research Director, ICS Trust (Asia) Ltd., Managing Director, New World Center of Traditional Chinese Hong Kong Carol Stephenson Development Co. Ltd., Hong Kong Medicine, Shanghai, China Dean, Richard Ivey School of William Shurniak, LLD ’00 Business, London, Canada MEMBERS John Kao, HBA ’76 Director, ETSA Utilities, Victor Apps Director, WorldVest Holdings Adelaide, Australia Donald L. Triggs, MBA ’68 Chairman, Manulife International Company, Hong Kong President and Chief Executive Ltd., Hong Kong Rick Siemens Officer, Vincor International Inc., Leonie Ki Chairman, Distacom Mississauga, Canada Paul Beamish, HBA ’76, PhD ’85 Managing Director, New Communications Ltd., Director, Asian Management World China Enterprises Hong Kong Anthony von Mandl Institute, Richard Ivey Projects Ltd., Hong Kong Chairman and Chief Executive School of Business, London, Kathleen Slaughter Officer, Mark Anthony Group Inc., Canada Simon Leung Associate Dean, Asia, Richard Vancouver, Canada Senior Vice-President and Ivey School of Business, Ross Chan, EMBA ’03 General Manager Asia Pacific, Hong Kong V. Prem Watsa, MBA ’74 Senior Marketing Manager, Global Telecom Solutions Chairman and Chief Executive Philips Electronics Hong Kong Sector Motorola Asia Pacific Carol Stephenson Officer, Fairfax Financial Holdings Ltd., Hong Kong Ltd., Hong Kong Dean, Richard Ivey School of Ltd., Toronto, Canada Business, London, Canada Vincent H.C. Cheng, OBE, JP Robert Mao Donald P.Woodley, MBA ’70 Chairman, Hong Kong & President and Chief Executive Allen Zeman, LLD ’04 Owner, The Fifth Line Enterprise, Shanghai Banking Corp., Officer, Nortel Networks Chairman, Lan Kwai Fong Orangeville, Canada Hong Kong (China) Ltd., Beijing, China Holdings Ltd., Hong Kong EUROPEAN ADVISORY IVEY ALUMNI ASSOCIATION Pamela Griffith-Jones, HBA ’87, Stan Rust, MBA ’78 BOARD BOARD OF DIRECTORS MBA ’90 Edmonton, Canada CHAIR CHAIR Vice-President Leisure, Robert V. Brouillard, MBA ’66 Patrick Crowley, HBA ’74 Canadian Tire Corporation Shaloo Savla, HBA ’06 Monmouthshire, Wales Senior Vice-President Finance Ltd.,Toronto, Canada Former HBAA President and Chief Financial Officer, ATI MEMBERS Technologies, Markham, Canada Christopher Hewat, MBA ’85 Bruce Shirreff, HBA ’74, Brendan Clouston, MBA ’79 Partner, Blake Cassels and MBA ’77 London, UK MEMBERS Graydon, Toronto, Canada Senior Vice-President Real Ken Alger, EMBA ’00 Estate Secured Lender, TD Jeffrey E. Couch, HBA ’92 Retail Distribution District Paul Heydon, HBA ’90, Bank Financial Group, London, UK Vice-President, TD Bank Financial MBA ’99 Toronto, Canada Group, Ottawa, Canada Managing Director, Unity David Graham Capital, London, UK Paul F. Smith, HBA ’75 London, UK Hussain Ali-Khan, MBA ’91 President, Smith Company Vice-President Real Estate Mary Lou Hukezalie, EMBA ’02 Commercial Real Estate, Toronto, Canada Michel Gréco, MBA ’68 Development, The New York Toronto, Canada Sainte Foy-les-lyon, France Times Co., New York, US Bill Kiff, HBA ’77 Leslie Stephenson, VEMBA ’98 Vice-President, Corporate Assistant Vice-President - Paul A. Heydon, HBA ’90, MBA ’99 Don Anderson, MBA ’70 Development, WIN Energy Corp., New Product Solutions, Managing Director, Unity Capital, Managing Director, Harvard Calgary, Canada Manulife Financial Corp., London, UK Capital Co., Santa Barbara, US Toronto, Canada James Kim, HBA ’04 Vijay P. Jain, MBA ’71 Peter Andrews, MBA ’84 Chief Executive Officer, Infoterrra Investment Analyst Jason Thacker, HBA ’02 Managing Director, TDT Inc., Ottawa, Canada Teachers’ Private Capital, Assistant Brand Manager, International, Silkeborg, Denmark Ontario Teachers’ Pension Plan, Food and Beverage Division, Rob Attwell, MBA ’99 Toronto, Canada Procter & Gamble, Malcolm J. G. King, MBA ’70 Associated Press Consultant, AP Cincinnati, US Senior Partner, King Sturge and Digital, Vancouver, Canada René Krist, MBA ’93 Co., London, UK Managing Partner, FullSpectrum Bernard Trottier, MBA ’92 Mark Brown, MBA ’95 Leadership LLC, Youngstown, US Associate Partner, IBM Barbara J. Kovacs, MBA ’83 Managing Partner, BBA Business Consulting Services, Managing Director, Tiffany and Consulting, Shanghai, China Maria Knowles, HBA ’77 Toronto, Canada Co., London, UK Director of Finance, Ernst & Peter Caven, MBA ’75 Young, London, Canada Nicole Turnbull-Patterson, Philip C. Meyers, MBA ’89 President, Peter Caven Executive MBA ’02 Managing Partner, Monitor Search Inc., Toronto, Canada Mark Longo, EMBA ’01 Associate, TD Bank Financial Company Europe Ltd., Vice President, Datawire, Group, Toronto, Canada Amsterdam, Netherlands Ross Chan, EMBA ’03 Toronto, Canada Regional Marketing Manager, VF David Typer, HBA ’03 Sean C. V. Mullin, MBA ’84 Asia Pacific Jeanswear Licensing, Spencer Low, MBA ’03 Category Development Senior Vice-President Hedge VF Asia Ltd., Hong Kong Consultant, Bain & Company Specialist, Maple Leaf Pork, Funds, P Schoenfeld Asset Canada Inc., Chicago, US Oakville, Canada Management Ltd., London, UK Prakash David, MBA ’05 Former MBAA President Joel McLean, HBA ’95 Jim Wahl, MBA ’82 10 Nicholas Paine, HBA ’83 Principal, Info-Tech Research Manager, Registration & Vice-President, International Dave DeNoble, HBA ’99 Group, London, Canada Compliance, Alberta Business, LavaLife Inc., London, UK Leasing Agent, Smith Company Com- Securities Commission, mercial Real Estate,Toronto, Canada Verne Milot, MBA ’76 Calgary, Canada Michael K. Phair, MBA ’74 General Manager Automation Paris, France and London, UK Steve Foerster, HBA ’81 Group, Bosch Rexroth Jim White, HBA ’74, MBA Program Director, Professor Canada Group, Burlington, MBA ’75 Dipak K. Rastogi, MBA ’82 of Finance, Richard Ivey School of Canada Senior Partner, How Vice-Chairman Emerging Business, London, Canada Lawrence White Bowes, Markets, Citigroup Inc., London, UK Richard Quesnel, VEMBA ’00 Windsor (NS), Canada Fred Gallina, EMBA ’04 Investment Advisor, Private Client Helen N. Steers, MBA ’88 President, FTC Solutions, Division, BMO Nesbitt Burns, Chet Choon Woon, MBA ’94 Partner, Pantheon Ventures Ltd., London, Canada Pointe-Claire, Canada Business Development, London, UK Akroo, Singapore Nadine Gilchrist, HBA ’84, MBA ’88 Brent Remai, MBA ’93 Thomas R. B. Zeeb, HBA ’86 Vice-President, Credit Risk, Director, Strategy and Karen Wright, MBA ’84 Director – London Division, TD Bank Financial Group, Planning, Hewlett-Packard Co., President, Parachute Executive Clearstream Banking, London, UK Toronto, Canada Cupertino, US Consulting, Toronto, Canada #N=Q =P=;MLAN= <=N=DGHE=FL -! +-.+' (' "/2

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.@AFC @A?@=J network with more established alum- uptown Shanghai, and consisted of a ni. Ali-Khan says the “Back to School” cocktail reception, a Western-Chinese event planned for the fall will be the mixed buffet, and a fun and competi- premier event of the year.“We’re plan- tive gift exchange. The party was full ning to use a case study to recreate of joy and well received by the guests. Alumni News the Ivey experience, but in a more President of the Shanghai Chapter, & Events lighthearted fashion.” The final event Mark Brown, MBA ’95, delivered a pre- is still in the planning stages, but sentation on activities that the Chapter Across Canada and around could be a speaker series or holiday hosted in 2004 and introduced the new- the world, Ivey alumni are celebration. Torys’ support will be ly established Ivey Shanghai Chapter getting together and having a great time. highlighted at each event. Website: www.ivey.com.cn. The party Sandy Feldman, Torys’ partner and had a great turn out: 58 alumni and their coordinator of the New York office cor- partners showed up, about two-thirds porate law group, is delighted with the of the total alumni base in Shanghai. new relationship. “We have 75 lawyers Among them were distinguished guests New York sponsored in our New York office practicing U.S. Canadian General Consul of Shanghai, by Torys law,” he says. “Supporting Ivey’s New Mr. Robert Mackenzie, HBA ’71, MBA ’73, The New York Chapter of the Ivey York alumni program fits nicely with and his wife Sandi; and the Associate Alumni Association has developed a our own strategy of working with busi- Dean of Ivey's Hong Kong campus, Pro- unique relationship with Torys LLP. To- nesses in Canada and the U.S. We are fessor Kathleen Slaughter. Both of them rys has become the official sponsor of looking forward to supporting the pro- gave warm and encouraging speeches the Chapter’s 2005 events, providing gram this year and meeting the New and expressed their intention to provide financial support in return for an op- York alumni.” continuous support to the Chapter. portunity to raise the firm’s profile Ali-Kahn says the partnership with Quite a way to welcome in the Year with an important audience of busi- Torys is an interesting new model for of the Rooster! ness leaders. other Ivey chapters to consider. “This A special thanks to alums Alex Hu, Torys is an international business could be an important alternative way Sophie Shen and Victoria Wu, all MBA law firm with offices in Toronto and of funding your Chapter activities,” he ’04s; their effort helped make this party New York. The firm approached Hus- says. While he looks forward to contin- a great success. sain Ali-Khan, co-president of the New uing the relationship with Torys, he IVEY ALUMS GREET THE YEAR OF THE ROOSTER (L TO R) York Chapter, about sponsoring a says the chapter would also be open CHARLENE GE, MBA ’01, VICTORIA WU, MBA ’04, RICHARD single event, and Khan saw an oppor- to other companies interested in spon- HAN, MBA ’04,WALTER GUO,MBA ’00, EDWARD ZHANG, MBA ’04, ALEX HU,MBA ’04, LEWIS LIU, MBA ’04, HELEN tunity to increase value for both part- sorship opportunities. BAO, MBA ’04, AND SOPHIE SHEN, MBA ’04 ners. “I thought that if Torys devel- oped a broader and deeper exposure Shanghai greets to Ivey alumni, it would be much bet- the New Year ter for them,” he explains. “And of By Charlene Ge, MBA ’01 course, it would be very valuable for On January 29, 2005, Ivey Alumni us too.” in Shanghai successfully held The Chapter will have a total of their Third Annual Chinese New 12 four events in 2005. The April get-to- Year dinner party, and the first gether was an opportunity to meet since the Shanghai Alumni Chap- Dean Carol Stephenson and get an up- ter was formally established date on the School. A summer “Meet last year. and Greet” will provide new arrivals The party was held at Mint and interns with an opportunity to Club, a famous western pub in

UPCOMING EVENTS SEPTEMBER/OCTOBER TBD IAA/Toronto Business Leader JULY TBD IAA/New York SEPTEMBER TBD IAA/ Companies Event of the Year Dinner Mid-Summer Social New York Fall Case SEPTEMBER 30 IAA/ SEPTEMBER 30-OCTOBER 2 AUGUST 21 IAA/British Study/Speaker Event London, ON London London, ON Homecoming 2005 Columbia The Season SEPTEMBER 18 IAA/British Golf Tournament DECEMBER TBD IAA/New York Opener/A Boat Cruise Columbia BC Leading Christmas Social

FOR MORE INFORMATION VISIT WWW.IVEY.CA/ALUMNI Toronto Ring Ceremony On January 27, the Imperial Ballroom of the A Grape Success Fairmont Royal York Hotel in Toronto was filled to capacity with more than 250 Ivey alumni participating in the Ivey Pledge and receiving their Ivey Rings. John Tory, Leader of the Ontario PC party, spoke at the networking event held immediately after the Ceremony.

(L TO R) BRUCE SHIRRIFF, HBA ’74, MBA ’77; PATRICK CROWLEY, HBA ’74, DEAN CAROL STEPHENSON, JUSTIN ANIBALLI, MBA ’99, RICHARD AYUEN, MBA ’02, MICHELLE CROWLEY, HBA ’03, AND SANDY ANDREOU, HBA ’03.

Toronto HBA Alumni Ceeps. Job changes and engagements come together in aside, nobody seems to have changed a support of the victims bit. Or maybe that's the way things al- of the tsunami ways seem from behind the glass of a few Rob Attwell, MBA ’99, BC Alumni By Asheefa Sarangi, HBA ’01 vodka sodas with old friends. Definitely Chapter President, presents a gift to Part of Ivey’s mission is to develop busi- looking forward to the next party.” Steve Brian Phillips, MBA ’75 in recognition ness leaders who contribute to the soci- McCann, HBA ’04, concurred, adding that of Brian’s contributions to the Ivey eties in which they operate. On January he “hadn’t seen a dance floor that Alumni Association . The presentation 29, HBA graduates clearly displayed their jammed at 3AM since first year at the Rid- took place at the IAA/BC chapter deep sense of community when 275 grad- out . . . it’s good to see that even after grad, Annual Wine Extravaganza and Silent uates from ’01-’04 and their friends gath- Ivey still knows how to have a good time.” auction on February 24, at the Law ered at Acquadisiac Restauarant and Event co-ordindators Vuyiswa Courts Inn, Vancouver. More than 75 Lounge in downtown Toronto in order to McWabeni, HBA ’01, Mike Lazarovits, HBA Ivey alumni and friends attended raise money in support of the Tsunami ’01, Asheefa Sarangi, HBA ’01, Daniel the event, which featured wines Relief Fund. Belchers, HBA ’02, Rosy Perabtan, HBA ’03, from Blasted Church Vineyards. Partygoers were asked to wear an and Candace Carson, HBA ’04, had been “All-Black” outfit and make a donation working on putting together a reunion of $10 at the door. Despite a few minor in late 2004 and when they spoke with hiccups along the way, the event turned their peers about what kind of reunion Sparkling Evening out to be a huge success and a donation they would most enjoy, the overwhelm- of $2,200 was made to the Red Cross ing response was a night out on the following the event. town, with the proceeds going to charity. With the dance floor packed and appe- “Everything else just seemed to fall in- tizers circulating, everyone seemed to be to place,” said Sarangi, “We were all handling the long line-ups at the bar quite deeply moved by the plight of the vic- well. Jeffrey Armstrong, HBA ’01, was in tims of the tsunami and so it seemed attendance and described the night as a, natural to hold the event in January in “flashback of a post-exam night at the support of this cause.We were extremely pleased by the large turnout, which in itself is a testament to the tight bond that Ivey graduates have both to one an- BARBARA KOVACS, MBA ’83 AND other and to the community.” PAUL HEYDON, HBA ’90, MBA ’99 This event could not have taken place without the hard work and commit- ment of the seven people mentioned On April 5, more than 80 alumni and FRASER STARK, HAB ’01, BENJI SHOMAIR, HBA ’01, AND ALY RAMTUELLA ENJOY EVENT above. Responsible for pulling together friends joined Dean Carol Stephenson all of the logistics, it all seemed easy for a champagne reception at the “ALL BLACK AFFAIR” PARTYGOERS JAM ACQUADISIAC when faced with the daunting task of Tiffany’s Royal Exchange in London, running the coat check! Many thanks to England.The event was hosted by the committee and all of the following Barbara Kovacs, MBA ’83, a member of people: Poonam Brar, sister of Neelam the Ivey European Advisory Board and Brar, HBA ’01, Katherine Forse, HBA ’01, Vice President and Managing Director, Sara Tahvildari, and Dave Brebner, HBA Tiffany & Co. Attendees were invited to ’02, for volunteering their time and mak- drop their business cards for a draw for ing the “All Black Affair” such a success. a Tiffany’s diamond necklace. EDMONTON, AB SHANGHAI, CHINA Stan Rust, MBA ’78 Mark Brown MBA ’95 Ph: 780-483-4584 Managing Partner, BBA Consulting [email protected] Ph: 86 21 136 717-22252 www.ivey.uwo.ca/alumni/edmonton.htm [email protected] Alumni Contacts www.ivey.com.cn HONG KONG For general information, please Ross Chan, MBA ’03 SINGAPORE contact Terri Garton, Regional Marketing Manager Chet Choon Woon, MBA ’94 Senior Associate Director, VF Asia Pacific Jeanswear Licensing Business Development, Akroo Alumni Relations Ph: 852-2953-2652 Ph: 65-6273-6968 519-661-3729 Fax: 852-2756-6870 [email protected] [email protected] www.ivey.uwo.ca/alumni/singapore.htm [email protected] www.ivey.com.hk/alumni/alumni_events www.ivey.uwo.ca/alumni TORONTO, ON LONDON, U.K. Dave DeNoble, HBA ’99 Paul Heydon, HBA ’90, MBA ’99 Leasing Agent Managing Director, Smith Company Commercial Real Estate Unity Capital Ph: 416-366-7741 Ph: 7740-983-047 Fax: 416-366-9800 Chapters [email protected] Alumni Chapters develop Fax: 0207-984-0186 meaningful programs and [email protected] Peter Caven, MBA ’75 activities that provide opportunities www.ivey.uwo.ca/alumni/londonuk.htm President, Peter Caven Executive Search Inc. for alumni in their area to Ph: 416-960-0028 network with one another and LONDON, ON [email protected] stay in touch with the School. Fred Gallina, MBA ’04 President, FTC Solutions IVEY ALUMNI ASSOCIATION ATLANTIC CANADA Ph: 519-870-1006 TORONTO, ON CHAPTER OFFICE Jim White, HBA ’74, MBA ’75 [email protected] 365 Bloor Street East, Suite 1807 Senior Partner,How Lawrence White Bowes www.ivey.uwo.ca/alumni/londonon.htm Toronto, ON M4W 3L4 Ph: 902-798-5997 Fax: 902-798-8925 Ph: 416-968-0207 [email protected] IVEY ALUMNI ASSOCIATION Fax: 416-968-6818 www.ivey.uwo.ca/alumni/ LONDON ONTARIO CHAPTER [email protected] atlantic_canada.htm PO Box 1461, Stn. B, www.ivey.uwo.ca/alumni/toronto.htm London, ON N6A 5M2 BRITISH COLUMBIA Rob Attwell, MBA ’99 MONTREAL, PQ Ambassador Program Consultant, Associated Press Richard Quesnel, MBA ’00 The Ivey Ambassador Program consists of Ph: 604-736-2460 Fax: 604-736-2460 Investment Advisor, enthusiastic and committed alumni and [email protected] Private Client Division friends of the School that have demon- www.iveybc.com BMO Nesbitt Burns strated leadership in geographic regions Ph: 514-428-0888 with smaller concentrations of Ivey alumni. IVEY ALUMNI Fax: 514-695-9717 AFRICA ASSOCIATION/B.C. CHAPTER [email protected] Mavis MacCarthy, MBA ’96 BC hotline (Linda Metcalfe) www.ivey.uwo.ca/alumni/montreal.htm 233-21-505300 Ph: 604-290-0880 [email protected] [email protected] NEW YORK, NY Hussain Ali-Khan, MBA ’91 ARIZONA CALGARY, AB Executive Managing Director, Paul Hawkins, MBA ’94 Jim Wahl, MBA ’82 Real Estate 480-585-5523 Manager, Registration & Compliance The New York Times Company [email protected] 14 Alberta Securities Commission Ph: 212-556-4539 Ph: 403-297-4281 Fax: 403-297-4113 Fax: 212-556-3998 ATLANTA, GA [email protected] [email protected] Bill Robertson, MBA ’66 www.ivey.uwo.ca/alumni/calgary.htm 404-303-8676 René Krist, MBA ’93 [email protected] NORTHERN CALIFORNIA Managing Partner Brent Remai, MBA ’93 FullSpectrum Leadership LLC AUSTRALIA Director, Strategy and Planning Ph: 716-745-7390 Donna Bozowsky, MBA ’91 Hewlett-Packard Company Fax: 716-745-7413 61-2-9818-7678 Ph: 408-447-4359 [email protected] [email protected] [email protected] www.ivey.uwo.ca/alumni/newyork.htm www.ivey.uwo.ca/alumni/ncalifornia.htm B AHAMAS OTTAWA, ON Alec Wright, MBA ’72 SOUTHERN CALIFORNIA Ken Alger, MBA ’00 242-327-7701 Don Anderson, MBA ’70 District VP,Retail Distribution [email protected] Managing Director, Harvard Capital Co. TD Bank Financial Group Ph: 805-969-9339 Fax: 805-969-9374 Ph: 613-831-1136 B EIJING, CHINA [email protected] Fax: 613-831-1137 Linda Zhou, MBA ’04 www.ivey.uwo.ca/alumni/ [email protected] 8610-135011-15551 scalifornia.htm www.ivey.uwo.ca/alumni/ottawa.htm [email protected] Ivey InTouch Magazine | Summer 2005

B ERMUDA Sameer Raina, MBA ’03 SPAIN Aly Lalani, MBA ’82 63-917-203-0028 Mike Lazarovits, HBA ’01 441-293-5718 [email protected] [email protected] [email protected]

BOSTON, MA MIAMI, FL ST. LUCIA Andrew Fortier, HBA ’99 Juan Deshon, HBA ’99 Douglas Rapier, MBA ’78 617-497-2267 [email protected] 305-238-3984 758-457-7777 [email protected] [email protected] Jennifer von Briesen, MBA ’94 508-561-0852 MISSOURI SUDBURY [email protected] Dennis Ayden, MBA ’65 Colleen Gordon-Boyce, MBA ’91 314-361-5084 705-561-0932 BRAZIL [email protected] [email protected] Carlos Barbosa, MBA ’73 55-11-5579-8805 MOSCOW, RUSSIA SWEDEN [email protected] Paul Burton, MBA ’79 Petra Randen, HBA ’00 7-095-787-1111 46-8-672-7913 BUFFALO, NY [email protected] [email protected] René Krist, MBA ’93 716-745-7390 [email protected] NEVADA TAIWAN Maria Gudelis, HBA ’89, MBA ’94 Nick Teo, MBA ’96 COLORADO [email protected] 886-2-2734-7523 Ronald Singh, MBA ’75 [email protected] 719-576-7064 [email protected] THE NETHERLANDS Brenda Fischer-Campbell, MBA ’82 TRINIDAD EGYPT 31-30-693-0134 Jeffrey Chung, MBA ’98 Hany Bishr, MBA ’04 [email protected] 868-657-7135 [email protected] [email protected] NEW ORLEANS, LA FRANCE Liz Yager, HBA ’85 UKRAINE Richard Laville, MBA ’85 504-894-9710 Geoff Pollock, MBA ’02 33-1-64-76-31-29 [email protected] 380-44-490-2075 [email protected] [email protected] NIAGARA REGION, ON GERMANY Bill De Wolf, EMBA ’95 Steven Otto, HBA ’92 UNITED ARAB EMIRATES 905-937-1552 Alykhan Alidina, HBA ’01 49-30-4403-1622 [email protected] [email protected] 971-50-499-2134 [email protected] PAKISTAN GOLD COAST, FL Shamail Siddiqi, MBA ’05 VICTORIA, BC Gregory Korneluk, HBA ’75 [email protected] 561-997-5528 Chris Graham, MBA ’80 250-472-4675 [email protected] THE PHILIPPINES Sameer Raina, MBA ’03 [email protected] HUNGARY 63-917-203-0028 Bela Gerlei, MBA ’01 [email protected] NORTHERN VIRGINIA 36-30-439-6373 Marc and Lena Trudeau, MBA ’00 [email protected] PITTSBURGH, PA 703-461-0357 Anoop Sinha, EMBA ’01 [email protected] INDIA 412-854-3814 [email protected] ‘G.K.’ Krishnamurthy, MBA ’86 [email protected] 60-3-255-4599 WASHINGTON, D.C. 15 [email protected] PRAGUE, CZECH REPUBLIC Marcelo Lessa, MBA ’94 AND SLOVAKIA 301-365-4657 JAPAN Paul Boucek, HBA ’81 [email protected] Gage Tanabe, MBA ’02 420-220-921-562 [email protected] [email protected] WHISTLER, BC Randy Jang, MBA ’77 KENYA R EPUBLIC OF YEMEN 604-671-1833 Saheel Shah, HBA ’04 Neil McCormick, HBA ’79 [email protected] [email protected] [email protected] WINDSOR, ON AND KOREA SEATTLE, WA DETROIT, MI REGION Daniel (Hyung Seok) Lee, MBA ’03 Markus Foerster, MBA ’98 Sebastian De Meel, MBA ’01 822-599-9258 206-954-8060 519-735-5057 248-761-8465 [email protected] [email protected] [email protected]

MALAYSIA SOUTH CAROLINA Y ELLOWKNIFE, NT ‘G.K.’ Krishnamurthy, MBA ’86 Tove Rasmussen, MBA ’92 Larry Adamson, HBA ’70 60-3-255-4599 843-335-6377 867-873-4156 [email protected] [email protected] [email protected]

FOR THE MOST UP-TO-DATE LISTING, CHECK WWW.IVEY.CA/ALUMNI/CHAPTERS_AMBASSADORS.HTM A CONVERSATION WITH DEAN CAROL STEPHENSON IT’S BEEN TWO YEARS SINCE CAROL STEPHENSON BECAME DEAN OF THE IVEY BUSINESS SCHOOL – TWO YEARS FILLED WITH IMPORTANT INITIATIVES AND SIGNIFICANT ACHIEVEMENTS. RECENTLY, INTOUCH SPOKE TO THE DEAN ABOUT HER FIRST 24 MONTHS IN THE JOB AND HER PLANS FOR THE FUTURE.

Q. What were the highlights of your good alumni network, but I didn’t re- degree has declined, in part due to first two years at Ivey? alize its depth and commitment. I’ve demographics. So it’s a matter of A. One highlight for me was cutting enjoyed meeting and working with over-supply and under-demand, and the ribbon for the Ivey Builds Habitat alumni around the world. that creates intense competition. for Humanity house (see page 24). That The number of MBA students at Ivey moment symbolized all the work our Q. What is the fuel that makes this has declined as a result, but I think com- students have led in the area of social School run? petition generally is a good thing. It 16 responsibility, from food bank drives A. Passion – the passion of students, makes you think about what you’re do- to tsunami relief funds. Community in- alumni, staff and faculty – is a big part ing and how you can improve. Our re- volvement is an important part of our of the mix here. The other key ingredi- cruitment process, for example, has im- mission as a School, and it’s exciting to ent is ideas – intellectual stimulation, proved enormously from the days when see it embraced by our students. innovation and knowledge creation. we went through a pile of blue folders Another highlight for me was the Mixed together, it’s a pretty com- and decided who we wouldn’t accept. introduction of “First Class to First bustible mixture! We’re telling our story much better. Class,” a program designed to give It’s worth noting that we have the prospective MBA students a taste of Q. The MBA marketplace has be- opposite situation in the HBA program the Ivey classroom experience. It’s an come even more competitive in the – we have many more students com- innovative way to demonstrate what last couple of years. Why is it hap- peting for a small number of spots, in we do and how we do it – to show pening and how is Ivey faring? part because of the “double cohort” the quality of the Ivey experience. A. It’s the classic economic situation – that resulted from the elimination of On a broader scale, it’s been a real the number of MBA programs offered Grade 13. The demand has been so in- highlight to discover the strength of globally has grown exponentially, yet tense with highly qualified candidates

Ivey’s alumni support. I knew we had a the number of students seeking the that we added a new section last year. PHOTO: STRIPPOLI/KLIXPIX FABRICE

IVEY IN CHINA: A CONVERSATION WITH KATHLEEN SLAUGHTER, ASSOCIATE DEAN ASIA

It has also been two years since Kath- symbiotic relationship between the Q. What do you think of business leen Slaughter took up her position at EMBA program and our executive school rankings? Are they useful? Is Ivey Asia. While she was visiting development and we have capital- Ivey holding its own? Canada in May, InTouch had a chance ized on that relationship to double A. Rankings are a fact of life, whether to catch up with her. our executive education; this expan- you believe in them or not. Rankings sion helps to popularize the Ivey reflect things that can be counted – like Q. How is Ivey Hong Kong doing? brand in Asia. the number of faculty members with A. We’re in a very strong position – Since our programs run on week- PhDs, or the average starting salary of the School is highly regarded in the ends, we’re attracting students from graduates. They capture quantity, but Hong Kong business community. Our Shanghai, Beijing, Seoul, Ho Chi Minh they don’t always capture quality.What Executive MBA program is very City and even Macao. It’s a really drives quality at Ivey is the classroom robust. We have 16 top companies eclectic and diverse group of students experience – I’d love to get some of the that are part of our executive devel- and this mix has enriched the quality people who publish rankings into our opment group, including Cathay of the classes in Hong Kong. classrooms to see what really goes on. Pacific, Manulife, China Light and We’re in the midst of renovations Rankings are very complex, and each Power, HSBC, Mattel, Hutchison Port to create a new 44-seat classroom publication uses a different set of criteria Holdings and Citibank. In fact, we’ve and four new study rooms, and that’s and weightings. One ranking, for exam- almost doubled the amount of exec- going to really help with scheduling. ple, may weight average GMAT score utive education we’ve been doing in The new facilities will be ready for heavily, but we have to ask ourselves, is the past two years. There’s a good our EMBA intake in August. that a good predictor for success at Ivey? Because of differences in methodology, some schools see a big difference in standing from one ranking to another. Having said all that, Ivey participat- ed in three rankings this year. Busi- nessWeek and the Wall Street Journal both rated us the top school in Cana- da for a two year MBA program,while the Financial Times ranked us 34th in the world. BusinessWeek also rated Ivey’s Executive Education programs number one in Canada.

Q. What impact do rankings have on the School’s direction? A: Rankings can be a learning tool – a way of identifying areas for improve- ment. But they are only one input among many.We can’t base our strat- 18 egy on rankings, any more than a po- litical party can base its vision for the country on polls. We look for many dif- ferent strategy inputs – the business community, our alumni, our students, the Canadian economy, the global business environment. All of these are important ingredients as we build a coherent and effective strategy.

Q. It’s been eight years since Ivey opened a campus in Hong Kong and many other North American schools now have operations there. What does the increased competition

mean for Ivey? PHOTO: BRIAN HILLIER Q. Why is it important for Ivey to be Ivey InTouch Magazine | Summer 2005 in Hong Kong? A. It’s simple – there’s a high proba- bility that most young business peo- A. We are still the only North Ameri- changes. We face strong competition, ple starting today will come to China can school with our own permanent the global economy is in flux, and cor- at some point. They need to under- campus in Hong Kong, and the num- porations are in an increasingly intense stand the business culture. ber one producer of Asian business war for leadership talent. To respond, I taught at Tsinghua University in cases. The fact that we were in early we’re taking a comprehensive look at 1991. At that time there were places and built a strong brand has set the our strategy – it’s time to pause, take foreigners didn’t or couldn’t go; stage for us to do great things. stock and confirm our future. there was very little signage in Eng- China will remain a key compo- lish, very few good hotels, and no nent in our strategy. Economic fore- Q. Who will be involved in develop- shopping malls. Now it’s a totally casters say it will be the top econo- ing the strategy? different place – downtown Beijing my in the world between 2030 and A. It will be a very inclusive process. resembles downtown Toronto or 2050, so business leaders must un- We’re starting with a small group of New York. Cartier, and Ferragamo derstand the country and its busi- faculty and staff, co-led by the asso- are there, and the department ness culture. ciate deans and myself. Once we’ve stores stock Estee Lauder, Lancome, and most other recognizable brands. The Chinese have adopted many Western styles but the business “We face strong competition environment is decidedly Chinese, …we’re taking a comprehensive not Western. We would be doing a look at our strategy.” disservice to our students if we did- n’tmake them aware of this grow- ing cultural diversity. Our presence in Hong Kong creates Q. A lot of business schools are now identified some options, we’ll also opportunities for Canadian Ivey stu- offering distance and web-based seek feedback from other faculty, dents. Our faculty members teach in programs. How does Ivey compare students, staff, the advisory boards, Hong Kong, then return to Ivey Cana- in the use of technology? alumni and other stakeholders. da, with new enriched perspectives A. Ivey has always been a technology and experiences. leader – we were one of the first busi- Q. Are there any general strategic di- Asia is important to Ivey, but of ness schools anywhere to provide rections that you’d like to see pursued? course we can’t focus on Asia exclu- wireless Internet access, and laptops A. My priorities are the same as they sively. There are opportunities in have long been standard fare. When it were when I joined Ivey two years many other parts of the world. comes to distance education, however, ago: attracting the best students we believe that nothing can replace and faculty; building our reputation; Q. What lies ahead for Ivey Asia? the classroom dynamic – discussions, and ensuring we have a sustainable, A. Our core strength in Hong Kong is debate, and interaction among bright multi-year financial base. in executive education – that’s where and interested people. It’s in our class- we will continue to expand, particu- rooms that students develop excep- Q. What role can alumni play in the larly into China. Hong Kong is often tional communication and leadership School? referred to as the gateway to China – skills. I think this will always remain at A. Alumni have a huge impact – proba- and Ivey needs to be there. the heart of the Ivey experience. bly greater than you realize. First of all, 19 In April we offered our first execu- you are our brand – our best ambas- tive development program in Beijing. Q. Is the Ivey brand strong on a sadors and the living proof of our suc- We also did our first-ever recruiting worldwide basis? cess. You can help by supporting our sessions in Beijing, Shanghai and A. I believe it is much stronger than it student recruitment efforts, mentoring Shenzhen. One of our challenges was when it was first launched six and hiring graduating students, partic- moving forward is to recruit and years ago. No matter where I go or ipating in alumni and School activities retain more Mandarin-speaking what country I’m in, I always seem to and committees, providing case leads, faculty members. run into business people who know providing much needed financial sup- Many are predicting that China and respect Ivey. Of course, there’s port, and above all, by talking about will be the next world superpower always room to make our brand even your wonderful Ivey experience. I have and Ivey needs to grow with China stronger. found that our alumni are grateful for in order to keep its world-class repu- what they gained from their time at tation. We’ve got a lot to learn from Q. Any big initiatives on the horizon? the School, and want to give back. That China but there’s also a lot we can A. As a School, we have to be ready to will always be an important factor in add in China. change, because the world around us our success. INTOUCH PUT THE SAME Mark Healy, MBA ’05 THREE QUESTIONS TO REPRESENTATIVES OF THE HBA, MBA, AND EXECUTIVE • Graduate of Queen’s University in chemical engineering • Five years working in process and manufacturing MBA CLASSES. ALTHOUGH industries (mostly biotech) THEIR ANSWERS ARE • Leadership roles include Vice President of MBA DIFFERENT, IT’S CLEAR THEY Association, Project Manager for Ivey Builds, and spearheading a Business Professionalism Program HAVE ONE THING IN COMMON that involved writing cases and teaching MBA1s – THE TWO YEARS AT IVEY • Now Principal - Director of Operations for Mezzanine CHANGED THEIR LIVES Business Consulting (formerly Ivey Business Consulting Group)

What did you enjoy most I’ve really enjoyed student leader- ship. At Ivey, we’re not constrained about your experience at Ivey by rules. If we can think it, and have the initiative to muster the re- sources, we can do it. Ivey Builds is a great example of that.

How has Ivey changed First of all, I figured out that a small town kid with no business experience could compete with some the way you think? of the best people in Canada. I take a holistic ap- proach to business. Some people say that business is about numbers, and others say it’s about people. I look at the whole picture – everything is important.

In your view, what are the As a leader, you have to lead from the front. If you want a hard driving yet respectful, open and honest most important qualities culture, then you do that by setting the example. Leaders must act with a sense of urgency. If you of leadership in business? don’t do it quickly, someone else will. A leader must also be a teacher. Going to Ivey is a privilege, and with it comes the responsibility to pass on what we learn to those who don’t have this opportunity. CLASS OF 2005 Shaloo Savla, BHSc/HBA ’06 Pansy Ho, HK EMBA ’05

• HBAA President • Grew up in Hong Kong • Leadership roles include: Orientation, Residence Council, • BS in Business Administration, Berkeley’s Hass School Faculty Association, UWO Indian Association, and Ivey of Business Alumni Association • Worked for Scotiabank for seven years in Vancouver • Now with Boston Consulting Group for the summer. Next • Now manager with HSBC’s Premier Banking Centre year will complete third year of concurrent BHSc/HBA in Hong Kong program, and take part in an Ivey exchange program in Prague • Plans to join consulting firm after graduation, and eventually do post-graduate work

It’s the people that make the program so special. There is I really enjoyed learning with classmates from different such a great diversity of backgrounds here – cultural, geo- backgrounds. There were 14 different nationalities in our graphic, and professional. The faculty and staff are outstand- class. I loved the case method. I have trouble remembering ing, and do everything possible to make sure you succeed. I what’s in a textbook, but not a case. I also met my future hope to stay in touch with both students and faculty for a husband, Peter Chan, during the program, and we were long, long time. married in December ’04.

Ivey is more than just a business I’ve always been in banking, so I had a narrow perspective. program – it’s also about professional Now I will look at different aspects of the business, such development, individual growth, and as marketing, operations, finance, and take more of a building confidence. The School has general management perspective. My approach is more made me more optimistic about facing well rounded now, and I have a better picture of how a tough decisions. When I see a business runs. problem I know there are multiple approaches, and that there’s a solution out there.

The most important skill is learning to listen. The ability to Good business leaders understand the business listen is not just a matter of hearing what people say, but al- environment and the economy.They also have strong so acting upon their feelings. A second skill is being able to analytical decision-making abilities, as well make the best of the team situation. Ivey prepares us well as excellent interpersonal and for team environments, helping us learn what drives people communication skills. and makes them special, and then transforming that knowl- edge into team success. PHOTOS: BRIAN HILLIER (HEALY, SAVLA) Louise Schuurmans, HBA ’05 Heather Davis, MBA ’05

• Leadership roles include: co-president of AEO Club, • Won a bronze medal at the Sydney Olympics as a member Orientation, Ivey Information Team co-ordinator, pro of the women’s eights rowing team bono consulting, community volunteer, volleyball coach • BSc. from UBC, then worked with CIBC in Vancouver for • Worked part-time in the Ivey Advancement Department three years • Now with Ernst & Young preparing for CA • Leadership roles include community rep at Ivey and mock interview coach • Spent May in Russia as part of LEADER, now working as an associate of the MBA rotational program within CIBC retail markets

The very best thing about Ivey is the There’s a sense of community within Ivey that I never really friends I made there. The students are thought possible. Over the two years we have matured, be- committed, fun, and very good at what come more confident, and are surer of where we want to go. they do. The faculty are very open, and I loved the amazing debates we had in class, and I’ve made do everything they can to make good friends. sure the learning is great. I also love the case method. It’s helped me gain a lot of knowledge about different companies and industries.

Ivey has opened my eyes to the opportunities that are avail- I attack problems in a new way.The case method builds able. It’s given me insight into different cultural, upon my background in science and finance. It forces me political and business environments around the world. It’s to look at a problem as a whole, and to see how all the also taught me the importance of relationships, and the val- issues interact. Now when I do the numbers I don’t just ue of keeping your word and following through. accept them as they are but ask myself:“Is this a reasonable conclusion?”

Leaders need to be charismatic, energetic, friendly, and To be a great leader you need to have a clear approachable if they want people to follow them and work vision that you strongly believe in. Then you hard for them. They also need to have credibility and need to have the ability to inspire other people integrity so people will trust them. They must clearly set to believe in your vision and adopt it as their their expectations for people so they know where the bar own. You also must have integrity, and take is, and then raise the bar to motivate them to achieve responsibility for your decisions. more. They also need to be flexible, because people won’t

always be able to meet their expectations. PHOTOS: (SCHUURMANS, BRIAN HILLIER DAVIS) CLASS OF 2005

Fitzroy Richardson, EMBA ’05

• Bachelor in Management Studies and Masters in Accounting • 15 years spent in the energy industry • Controller and Chief Administrator, Overseas Operation, Sherritt International Corporation • CPA, member of American Institute of Certified Public Accountants

I’ve found it fascinating to observe the different What did you enjoy most perspectives during case discussions. It was very interesting how my classmates would look at about your experience at Ivey business cases and define the problems completely differently to the way I was looking at it. It was also interesting to see how the varied background and experience of the class influenced the way solutions were arrived at and implemented.

I tended to be more tactically oriented How has Ivey changed in my approach to management. Now, I think more broadly and the way you think? strategically about business problems. I am also better at setting priorities, deciding what is important to do now, and when to stop analyzing and planning and just make a decision.

Leaders need to be able to think strategically and In your view, what are the tactically at the same time. Leaders must articulate the organization’s vision or mission – what I call most important qualities “its reason for being”. I think that leaders need to be firm but compassionate – firm to establish of leadership in business? fairness and consistency, and compassionate so they can understand the different needs and behaviours of the followers. (THIS PAGE) BETH SHUMKA AND JARED BETTRIDGE IN FRONT OF IVEY BUILDS PROJECT IN LONDON; (OPPOSITE) IVEY BUILDS STUDENTS, LED BY PRAKASH DAVID (FAR LEFT) AND MARK HEALY, (CENTRE BACK, WITH SUNGLASSES), GATHER WITH DEAN CAROL STEPHENSON BEHIND GRATEFUL NEW HOMEOWNER THERESA SCHARIO AND HER TWO DAUGHTERS. Ivey InTouch Magazine | Summer 2005 BUILDING DREAMS America to design, fund and build an entire Habitat house, and Ivey Builds became the first project in the School’s history to involve every department and stakeholder group, and virtually every Ivey student. “We really wanted to do something that brought together all our students, something charitable that we could all work on,” says David. One of the biggest challenges faced by the Ivey Builds team was raising $60,000 toward the cost of the build, and $60,000 to fund the conference. Led by Beth Shumka, students ap- proached several major corporations for sponsorship, and held a variety of special events and activities. TD Bank Financial Group soon became lead sponsor with a contribution of $50,000. “For us, this brings together two im- portant initiatives – our national spon- sorship of Habitat for Humanity, and our longstanding relationship with the AN AMBITIOUS STUDENT-LED PROJECT Ivey Business School,” says Tim Hockey, 25 GAVE IVEY STUDENTS A HANDS-ON EMBA ’97, Co-chair of Personal Bank- ing, TD Bank Financial Group.“The com- EXPERIENCE OF COMMUNITY SERVICE mitment of the School, its students and its faculty, shown through the passion One year ago, newly-elected MBA Asso- conference would take place in April.“Is- and unfailing dedication that went into ciation President Prakash David, MBA n’t that when you’re writing exams?” this project, is truly inspiring.” ’05, approached Dean Carol Stephen- she asked. David replied firmly:“No stu- Student involvement didn’t end with son about an idea for a project. dent should be at Ivey if they can’t study fundraising: architect Bayne Anderson, Stephenson, used to typical student and do at least five hours of community MBA ’06 Candidate, and fellow MBA stu- initiatives, wasn’t prepared for the am- service at the same time.” dents designed the house, modifying a bition of David’s vision: he proposed that With those words, Ivey Builds was standard Habitat design to make it fully Ivey students raise more than $120,000, born, giving tangible, bricks-and-mor- accessible for homeowner Theresa build a house for Habitat for Humanity, tar expression to the School’s commit- Schario, who is confined to a wheelchair. and hold a national conference on cor- ment to community service. Ivey be- The final design includes an open lift

PHOTOS: BRIAN HILLIER porate social responsibility.The build and came the first business school in North just inside the front door, an accessible (TOP) CROWDS FROM IVEY AND SPONSORS GATHERED TO ADMIRE THE NEW HOME; (RIGHT) RALPH NADER, IN TOWN FOR THE IVEY BUILDS CONFERENCE, PRESENTS KEY TO NEW HOME TO THERESA SCHARIO; (LEFT) PRAKASH DAVID, MBA ’05 ADDRESSES GUESTS, STU- DENTS AND MEDIA AT IVEY BUILDS HOME DEDICATION.

student was joking that he couldn’t fig- porate world more responsive to social ure out what he was doing wrong until issues. The conference also included Avi he realized he was hitting the wrong Friedman, a leading advocate for af- end of the nail!” In all, nearly 250 Ivey fordable and sustainable housing, people participated over the next two Stephen Lewis, a former politician and and a half weeks. diplomat, and the UN Special Envoy for The icing on the Ivey Builds cake came HIV/AIDS in Africa, and other experts just days before the build was complet- from across North America. ed, when Prakash David and Mark Healy Richard W. Ivey, HBA ’72, introduced were awarded the 2005 International the conference, representing the third Student Leadership Award by the Gradu- generation of Ivey family members ac- ate Business Foundation. Ivey is the only tively involved at the School.“We need kitchen, and a main floor master bed- school to have received the Award twice. fresh recognition by corporate leaders room with roll-in shower. Schario and On April 21, the nearly complete that, if we are to be allowed to play a her two teenage daughters were thrilled house was dedicated and presented to key role in the ongoing development 26 to be selected for the new house. “This Schario. Consumer activist and former of our societies, we have to pay more will allow my girls to be less caretakers U.S. Presidential candidate Ralph Nader attention to society as a whole,” he and more kids,” says Schario. Schario will cut the ceremonial ribbon. “Business said.“It gives me great pleasure to see hold a mortgage with payments geared schools usually study markets and that students at Ivey, our future lead- to income, and she and her daughters don’t often engage in community ac- ers, have not only asked for corporate have committed to 500 hours of service tivities,” said Nader at the event. “But social responsibility to be on the agen- with Habitat. you can’t run a society just on markets da, but have actually led the effort.” After months of preparation and – you have to have community solu- Jared Bettridge, MBA ’05, a member fundraising, the build kicked off on tions to community problems.” of the Ivey Builds team, says the project April 1. The cool sunny spring morning The following day, Nader headlined will change forever the way he and his rang with the sound of hammers and the Ivey Builds conference, a sold-out fellow students approach volunteerism, laughter as 25 Ivey students and several event with 500 participants. In Nader’s philanthropy and social responsibility other volunteers started work on the address, he took large multinationals in their future careers.“Giving back, you house. Construction expertise was not to task for the “corporate crime wave,” realize that life is not all about work,” a requirement, says Mark Healy, MBA and ended by reflecting on the role Ivey he says.“You realize that you can really

’05, Ivey Builds Project Manager. “One students can play in making the cor- make a difference.” PHOTOS: BRIAN HILLIER CORPORATE INVESTORS World Class Partners

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BEING A MENTOR TAKES TIME, ENERGY AND COMMITMENT, BUT THE RESULTS CAN BE SPECTACULAR

What is a mentor? Someone who knows the School has its own alumni-student the ropes and is willing to share experi- mentorship program (check out www. ence and knowledge. Someone who can ivey.ca/alumni/AlumniPartnership.htm). pick up the phone and call the right per- But often, mentor-mentee relationships son at the right time. Someone who develop spontaneously. In this issue of cares enough to provide brutally honest InTouch, meet three mentors who have feedback, and who wants you to suc- had a dramatic impact on the career ceed almost as much as you do. paths of their mentees, and learn about Mentors have played a key role in the the benefits of mentorship from both careers of many Ivey graduates. In fact, sides of the equation. HOW TO BE A GOOD MENTOR ADVICE FROM STEVE DIOTTE, DAVID GRAHAM AND MURRAY BRYANT

• Mentoring is a big responsibility – think carefully before taking it on and be prepared to keep it up • Go into the mentoring relationship prepared to learn something from it • Be a mentor because you want to – because you care about the develop- ment of the person you’re mentoring. • Be encouraging but critical, and never patronizing • Be prepared to put time into your mentor role, both in formal and informal settings • Be available, even at short notice • Set clear expectations of what your mentee can expect from you • Don’t project your own experiences and goals on your mentee; take time to evaluate your mentee and understand what he or she is good at and interested in • Be honest

HOW TO BE A GOOD MENTEE ADVICE FROM LARISSA CHAIKOWSKY, GRACE BUGG, SUSAN DALLHOFF, AND OLIVER MCGINLEY REYNAL

• Respect the differences you have with your mentor and learn from them • Respect your mentor’s time – think through your questions before you pick up the phone • Pick a mentor who fits with your goals • Encourage input and accept criticism • Be honest • Be prepared to listen, even if you don’t like what you hear • Be open to your mentor’s advice, and prepared to act on it • Say thank-you in whatever way you can • Ultimately, make your own choices on your own terms – nobody else walks in your shoes work well together and Diotte, now a partner, became an influential and in- spirational mentor to Chaikowsky. Diotte has a Masters in Industrial Rela- tions and spent 12 years working as a labour relations specialist. He came to Ivey for his MBA when he was 33, looking for a career change. “I had a graduate degree with a business focus, so I thought ‘how hard can this be?’” he says. “The answer was,‘Very!’” Still, he says doing his MBA at Ivey was the best decision he ever made, giving him the broad management skills he needed to move into consulting. After stints with KPMG and Wat- son & Wyatt, Diotte joined the Ot- tawa practice of Deloitte in January 1999. Nine months later, Chaikowsky joined the firm after completing her Bachelor of International Business (BIB) at Carleton University. The inno- vative program requires students to learn a new language and spend a year abroad studying business in that language while completing an under- graduate degree in commerce. Chaikowsky began working with Diotte almost immediately.“I’d been on the job maybe a week and all of a sud- den this person comes flying into the room and says,‘I need you to write a let- ter pronto,’’’ she remembers. “I did the letter and handed it to him in the mid- dle of a big team meeting. He promptly handed it back, covered in red ink, and I thought,‘oh boy, I’m in trouble now!’” In fact, she was at the beginning of a relationship that has influenced her ca- reer and educational choices, and con- tinues to be an important part of her 30 A STRONG professional life. Diotte and partner Ian Cullwick, MBA ’89, encouraged her to complete her Certified Management CONNECTION Consultant designation and then pushed her to apply for the Ivey MBA program. Chaikowsky didn’t think she would LARISSA CHAIKOWSKY, MBA ’04 AND get in, but Diotte assured her she STEPHEN DIOTTE, MBA ’96 would be successful. Although the firm had a plan to financially support Larissa Chaikowsky, MBA ’04, admits nized and structured than she was consultants completing further edu- that her first year and a half with De- used to. “We had completely differ- cation, he encouraged her to experi- loitte Inc. wasn’t an easy ride. ent working styles,” she admits. ence the Ivey program with no strings She was adjusting to the chal- But Chaikowsky and the Senior Man- attached. Says Diotte: “I told her that lenges of being a consultant, and ager Stephen Diotte, MBA ’96, had re- with the number of opportunities working with a manager who was dy- spect for one another and felt a strong she’d have coming out of Ivey, she

namic and full of ideas but less orga- connection. Eventually, they learned to CONTINUEDONPAGE33 >> PHOTO: DORKEN DW Ivey InTouch Magazine | Summer 2005

DAVID GRAHAM (R) WITH OLIVER MCGINLEY REYNAL, PAULA REYNAL, AND BABY DAVID.

sage was – ‘Look at me, I have busi- ness school to thank for who I am.’” GOING THE As the South American economy slowed in the late 90s, McGinley Rey- nal decided the time was right, and began to look at the alternatives. Gra- DISTANCE ham encouraged him to consider Ivey. “My strategy,” says Graham,“was that he go to the best school he could get OLIVER MCGINLEY REYNAL, MBA ’03, into.” Adds McGinley Reynal: “As a AND DAVID GRAHAM Canadian, David would like to see 31 more talented people stay in Canada.” Oliver McGinley Reynal, MBA ’03, can’t Santa Fe. When he graduated, he went But Graham did more than give ad- remember his first meeting with men- to work in the ski industry, eventually vice: he visited the School with McGin- tor David Graham. That’s because Oliv- becoming general manager of a major ley Reynal, meeting with professors er was a baby at the time. A friendship ski resort project in Argentina. and attending classes.“He wanted the between his mother and Graham, a Meanwhile, Graham, a Harvard opportunity to share the experience successful Toronto-based businessper- MBA who founded a Canadian cable with me,” says McGinley Renyal, “so son, grew into a lifelong connection empire and now lives in the U.K., en- that he could talk through the pros between the two men. couraged him to consider an MBA. and cons of the program.” McGinley McGinley Reynal’s mother moved to Says McGinley Reynal: “When you’re Reynal was impressed by what he saw Argentina and remarried when he was in your 20s, you tend to think you’re at Ivey, applied and was accepted. Gra- still quite young. He was raised in South right about more things than you are. ham later became a member of Ivey’s America, attended high school in Aspen, I put up a lot of resistance to the idea European Advisory Board. Colorado, and completed his under- of going back to business school but McGinley Reynal quickly learned to graduate studies at St. John’s College in David kept coming back to it. The mes- CONTINUEDONPAGE33 >> GRACE BUGG, SUSAN DALLHOFF AND MENTOR, PROFESSOR MURRAY BRYANT

at their structure, their policies and processes, and designed a very collabo- TWO-WAY rate process for working with the Board to assess their strengths and weakness- es, and come up with solutions,” she ex- plains. “Because the process was so col- STREET laborative, it received a very high level of buy-in, and the Executive Director of the 32 Foundation said he thought there was a SUSAN DALLHOFF, EMBA ’02, GRACE BUGG, great need for this kind of service.” EMBA ’02, AND PROFESSOR MURRAY BRYANT Bugg and Dallhoff turned to Profes- sor Murray Bryant, who taught them Susan Dallhoff, EMBA ’02, and Grace utive leadership roles in her industry. Managerial Accounting and Controls, to Bugg, EMBA ’02, didn’t know each oth- Today, with the help of Professor Mur- help develop and refine their concept. er when they entered the Ivey Execu- ray Bryant, they are partners in a success- “Murray is one of those profs who really tive MBA program in Mississauga, and ful governance consulting business. gets you thinking,” explains Dallhoff.“He they had very different career goals. During their second year in the pro- was always very available and very in- Dallhoff, who spent 15 years work- gram, the two women participated in a terested in everything his students were ing in the capital markets, was plan- one-week exchange program in Mexico. doing.” For his part, Bryant says he had ning a move from Bay Street to her While there, they started talking and a developed “a sort of chemistry” with the own business. Bugg, with 20 years business idea was born.The concept had two students and was impressed by experience in the high-tech industry, its roots in an EMBA project Dallhoff did their willingness to take risks and pursue wanted to broaden her skills so that with Casey House Foundation, where their entrepreneurial dreams.

she could step confidently into exec- she served as a board member.“I looked CONTINUEDONPAGE33 >> PHOTO: BRIAN HILLIER Ivey InTouch Magazine | Summer 2005

>> DALLHOFF/BUGG/BRYANT CONTINUED FROM PAGE 32 >> CHAIKOWSKY/DIOTTE CONTINUED FROM PAGE 30 Diotte says he has benefited from His advice proved influential from the wouldn’t want to be encumbered by his relationship with Chaikowsky. “I’ve start, says Bugg. “He helped us a lot with an obligation to come back here. But I learned a lot about myself and my man- the thought process of developing our also promised her that there’d be a agement style, and I’ve made adjust- strategy, gave us ideas for how to market job waiting for her, if she wanted it.” ments.” But the real benefit, he says, is ourselves, and was very good at critiquing In the end, she did. After working the great personal satisfaction he takes our materials and offering suggestions.” for CIBC between first and second in bringing out the best in Chaikowsky One of his suggestions was that the two year, and going through the job appli- and other young staff members. “I am collaborate on a teaching case for Ivey. cation mill, Chaikowsky found herself very proud of what Larissa has accom- The case focused on the Toronto Sympho- drawn back to Deloitte. Diotte had plished, and the others whose careers ny, with former premier and then TSO moved to Toronto in the meantime I’ve influenced. It’s one of the things I board chair Bob Rae as the protagonist. and was rapidly building a busy prac- enjoy most about this job.” When Bugg and Dallhoff graduated tice, expanding from three to more Chaikowksy says having a mentor from Ivey, they launched Strategic Lever- than 40 people in just two years. He can make a big difference in any ca- age Partners Inc., a boutique manage- offered her a manager position, in- reer.“You can do a lot of things on your ment consulting firm specializing in stead of the usual senior consultant own, but you can do it with a lot more board effectiveness. One of their first spot. “He’s always been a mentor,” finesse if you have someone to guide steps was to recruit an advisory board, says Chaikowsky,“but when I saw that you along the way. Do I think I would and they invited Bryant to take part. He he was willing to go that extra mile be the same person or the same con- agreed, and recently signed on for an- for me, it really began to shine sultant I am today without having other two-year stint. “Murray’s always through what a great mentor he was.” worked with Steve? I’d have to say no.” available to kick ideas around with,” says Dallhoff. “He’s come up with some ex- cellent ideas we’ve run with. If he doesn’t >> MCGINLEY REYNAL/GRAHAM CONTINUED FROM PAGE 31 hear from us, we hear from him!” Adds has been an important influence at Bugg: ”He’s been very generous with his appreciate Graham’s guidance. every stage of his life. “David has al- time, which we know is quite limited.” “Spending two years in an environ- ways tried to help me do what’s best One of his most important mes- ment so filled with intellectual capac- for me,” he says. “Sometimes we sages to the new entrepreneurs was ity, and having been able to succeed in tend to make decisions for subjec- the importance of focus. Early on, be- that environment, really builds your tive reasons, but having somebody fore the partners had landed their first confidence,” he says. “I am eternally who truly cares about you and gives major client, Bryant sensed that they grateful to Ivey for the education I re- objective, 100 per cent genuine feed- were beginning to feel some pressure. ceived, and to David for pushing me in back is invaluable.” “I told them, ‘Nothing has changed. that direction.” For Graham’s part, it has been Maybe it’s taking longer than you orig- Still, McGinley Reynal graduated into deeply rewarding to watch McGinley inally expected, but if you give this a tough job market, without a clear idea Reynal make his way through life.“I’m away now, you lose your focus.’” of his next step. Graham helped him very proud of Oliver – he’s done very Currently, Bugg and Dallhoff are find a consulting position with a small well and his life hasn’t always been working on a study of non-profit board telephone company in Vermont. While easy. He’s a highly principled young governance in Canada, aimed at identi- there, a classmate drew his attention to man, and that’s unusual. We under- fying best practices, in partnership with a job advertised on the Ivey website. He stand each other, and we’re honest 33 the Centre for Voluntary Sector Re- pursued it, becoming Chief Operating with one another, and in the long search and Development. Bryant played Officer of Stone Tile International Inc, a term, you do better that way.” a key role in developing the research Toronto-based company that imports McGinley Reynal has found a very concept and providing contacts. and distributes exotic tiles from around concrete way to express his gratitude Mentorship is a two-way street, says the world. Under his guidance, the com- for Graham’s support: he is helping Bryant. “My involvement has given me pany has grown by more than 40 per to mentor a new generation of Ivey a much better idea of the issues around cent, with businesses in Toronto and graduates. For the past two years, he board governance – and Ivey also got a Calgary, and a new enterprise opening has worked with an Ivey Client Field very good case out of the relationship.” in Vancouver this summer. Graham is Project team at Stone Tile. He is also a But he also sees his advisory role as delighted with the move, which he be- participant in the Ivey Partnership part of his job as an Ivey professor. “As lieves suits McGinley Reynal’s entrepre- program, through which alumni offer Professor Dave Burgoyne used to say, neurial bent and will position him well to electronically mentor graduating ‘students don’t care what you know for future endeavours. students. “I think we all need to have unless they know that you care.’ The Although McGinley Reynal found a mentor – everyone should look for mentoring role is part of that caring.” this job by himself, he says Graham the opportunity.” Proffile HOT PROFS DENIS SHACKEL AND MICHAEL SIDER ARE GAINING A NATIONAL REPUTATION FOR EXCELLENCE IN TEACHING

For Ivey profs Denis Shackel and Michael Sider, there’s no greater re- ward than a thumbs-up from their stu- dents. That’s why they were pleased to see their names in a recent issue of Canadian Business, as part of a feature 34 entitled “Best in Class.” The story rec- ognized top MBA professors from across the country, put forward by their students. Shackel and Sider are both recent recruits to Ivey, and specialize in man- agement communications. Although they teach separate courses, in many ways they work as a team. Sider, the younger of the two, describes Shackel as a “mentor.” Says Shackel:“We have a wonderful, supportive, true team spirit that I have not previously experienced in any other academic setting.” DENIS SHACKEL (LEFT) AND MICHAEL SIDER Before he came to Ivey, Shackel

taught psychology for 29 years at Uni- PHOTO: BRIAN HILLIER Ivey InTouch Magazine | Summer 2005

versity of Toronto, where he was named I discovered talents and potential that test between traditional corporate val- Professor of the Year in 2000. Seven were truly breathtaking.” ues and progressive activism. “There’s years ago he was involved in a tragedy His students appreciated this les- a great deal of pressure on business to that changed his life. He and his broth- son, too. One student wrote: “This be more socially responsible,’ he says. er-in-law set out on a spring day to class tests us like no other and we’ll “My focus is how do we make commu- climb New Zealand’s Mount Ruapehu, be sure to remember the impact you nication between business and ac- an ascent they had made before. His had on us for eternity.” Another wrote: tivists work, so that business can ac- brother-in-law, an experienced climber, “This class has been a trigger for me – complish its objectives and the lost his footing as they approached the one of the few in my life when I real- activists can be heard?” summit and fell to his death. Stranded ized that I can reach much higher than Sider enjoys being around very for the night in a T-shirt and shorts I thought I could.” bright young people, and likes to create with temperatures plunging to minus Shackel believes that students need high-energy classrooms that challenge 30 degrees, Shackel managed to stay to feel that they’re in a safe environ- pre-conceived notions. His goal is to alive using a technique that he calls ment before they can push themselves create a lasting passion for learning. ‘five seconds at time.’ He believes that to their limits. “I absolutely abhor the Recently he received a note from a for- this technique, and other practices that use of sarcasm. I encourage people to mer student who had heard him lec- saved his life, can help people become risk and to explore new ideas, and say ture eight years ago on the interna- successful business leaders.“It’s a mira- things that they may normally keep to tionally acclaimed artist Christo. She cle that I’m alive,” he says. “This fuels themselves, because they know I won’t had just flown to New York City to see my sense of purpose and mission in life zap them.” The Gates, the public art project for Central Park created by Christo and Jeanne-Claude.“It’s probably too much to say your lecture changed my life,” “We have a wonderful, supportive, she wrote, “but the passion I felt for true team spirit that I have The Gates when I went to see it had a not previously experienced in large part to do with the passion you inspired in the course.” any other academic setting.” Shackel and Sider have much in common, and bring their interests into the classroom. Both take a faith-based – to unlock the talents of others.” Using his background in educational approach to their work. Shackel’s expe- Shackel is an experienced teacher, psychology, Shackel observes each stu- rience on Mount Ruapehu has left him but he learned something new in his dent carefully to determine his or her with a profound sense of spiritual call- Advanced Presentation course last learning style – auditory, visual, or ki- ing. Sider’s father is a respected the- term. In one of his first sessions, he naesthetic. He videotapes every ses- ologian, and his sister an Anglican broke the class into small groups for sion, so he can better assess each stu- minister. They both are exceptional mu- individual presentations. When they dent’s contribution, and look for ways sicians and athletes. Sider often sings in came back into the class, he asked the in which he can improve. class, and starts many of his sessions groups for feedback. He was told that Sider comes to Ivey as an English with a taped song. A competitive ten- one of the students, a woman from scholar with an entrepreneurial bent. He nis player, he sometimes brings a cou- Africa, had made a powerful presenta- paid for much of his schooling with the ple of tennis racquets into class and 35 tion to her group about AIDS. When he earnings from a painting company he bats the ball around. Shackel is an ac- asked her to do it before the whole started as a teenager. As a PhD student complished pianist, clarinet teacher, class, she refused. “In all my years of at Western, he became fascinated with has run in seven marathons, and is teaching I would have backed off and Keats, and later wrote a book about his about to build his third house – this respected her choice,” says Shackel, poetry. After a fellowship at the Univer- time in Grand Bend. “but something stirred in me that said sity of Pennsylvania, he was invited back They also share a deep sense of priv- ‘don’t let this woman get away.’” to Western to recreate its Effective Writ- ilege in teaching Ivey students.“Teach- After firm but gentle coaxing the ing Program. Using innovative manage- ing at Ivey has been one of the high- young woman reluctantly agreed.“We ment skills and powerful teaching, Sider lights of my professional career,” says all were spellbound, and some in grew the program dramatically, making Shackel.“I have so much learning from tears,” says Shackel. “The lesson for it a campus success story. these students. It touches me deeply.” me was when you push hard, you can The transition from English litera- Adds Sider: “I love the energy and en- get phenomenal results. After that ture to management communications thusiasm that’s created in the class- session I continued to push harder fits with Sider’s practical side. In his re- room. The students often say it’s my than I have in the past, and in doing so search he looks at the emerging con- enthusiasm, but it’s really theirs.” Development based on the recognition that the future tion to be as exciting and engrossing as of business and business education are our business is on a day-to-day basis,” he inextricably linked. Successful companies says,“but without being completely over- Trading need new blood to fuel their growth: the whelming to someone who is new to it.” Space School needs financial support to main- The framework of the game is in place, tain excellence and frontline input to en- and a student will spend the summer de- sure its curriculum reflects current busi- veloping various real-world scenarios to UBS is partnering with Ivey ness realities. “Each relationship is be played out. If the simulation works to develop a unique equities unique,” says Andrea McGuigan, Ivey's well, Meslin envisions using it to educate trading simulation Associate Director of Corporate Develop- UBS clients, as well as Ivey students. ment.“We work with companies to iden- For the simulation, students will be tify an investment opportunity in the divided into groups of four people, each School that aligns with their goals, the representing the trading desk of one School’s goals, and the students’ goals.” dealer. Starting with a specified amount UBS is interested in making contact of money, the groups will begin respond- UBS Canada, an investment banking with Ivey students early enough to have ing to news, taking and placing orders, firm, is part of a huge international or- some impact on their careers and first and watching the stock market move. ganization with assets of more than $1.6 job choices.“We want to get a look at the “The game will test their ability to man- trillion under management, and a pres- students earlier,” says Estey. “I find that age several things at one time, to make ence in more than 50 countries. Yet, de- by the time I get there, no matter how decisions immediately, and to keep track spite a 50-year history in Canada, it’s not early I go, some of the best have already of a book of business,” says Meslin. a familiar brand to many of us. “We need been picked up.” “There’s no right or wrong on a minute to get better known in Canada,” says The ideal opportunity for UBS, it turns by minute basis, but there will be an ele- CEO Jim Estey. out, also meets a need in Professor Bob ment of adrenaline that really reflects One of Estey’s tactics for building a White’s Capital Markets course.The bank what a trading floor feels like. It’s all higher profile and attracting bright young is collaborating with White to develop about getting people to work together, minds to the company is an innovative an equity trading simulation, and offer it see the big picture, and have some fun.” partnership with Ivey. As a member of to Ivey students as an annual competi- Each section of the MBA program will Ivey’s Corporate Investors’ Program, UBS tion. UBS has pledged a generous contri- run the game over a one or two-day peri- will be providing financial and academic bution of $250,000 over five years. od, with the most successful teams fac- support to the School, while raising aware- Rick Meslin, MBA ’99, Executive Direc- ing off in a final round. ness with students, faculty and alumni. tor of Institutional Equity Sales at UBS, is A game of this complexity is unique in The Corporate Investors’ Program is leading the charge.“We want the simula- Canada, Meslin believes. In addition to

CORPORATE INVESTORS’ PROGRAM Spencer Conference Centre, has funded several student scholarships, and now sponsors the Scotiabank Interna- Since its earliest days, Ivey has counted on the interest and tional Case Competition support of leading corporations. The Ivey Corporate Investors’ • ING Bank, which supports student scholarships and a fac- Program formalizes these relationships, building a strong link ulty fellowship between excellence in business and in business education. As • Corus Entertainment, which among several contributions, members of the Program, companies become part of an inner funded a $2 million Chair in Women in Management circle, playing a pivotal role in shaping the future of the • Great West Life and London Life Insurance, which have School and the learning experience of its students. supported scholarships, professorships and case writing Financial support from the Corporate Investors’ Program • Telus, which sponsors a number of alumni activities helps the School attract outstanding students and faculty, • IBK Capital, which sponsors the IBK Capital Business Plan produce leading-edge research, and offer unique learning Competition and networking activities for students and alumni. In return, • Boston Consulting Group, which sponsors the BCG Internal corporations have enhanced access to Ivey students, faculty Case Competition and alumni, special recognition opportunities, and the ser- • Merck, Bayer, Eli Lilly, Biovail and GlaxoSmithKline, among the vices of a dedicated School liaison person. Each relationship is many corporate supporters of Ivey’s innovative Biotech Stream unique, developed to align with the goals and interests of • Canadian Tire, which donated its corporate archives to Ivey the company. • Maple Leaf Foods, which supports student scholarships Among the companies who, like UBS, are part of the Ivey and sponsored a room at Spencer Conference Centre Corporate Investors’ Program: For more information on Ivey's Corporate Investors’ Program, • Scotiabank, which supported the development of the please contact Andrea McGuigan at (519) 661-4100. Introducing your new secret weapon. Aresource your budget can hardly believe!

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www.mezzanineconsulting.com providing Ivey students with a lively, ONLINE ALUMNI DIRECTORY hands-on learning experience, it will give Network with other Ivey Alumni using the Directory in eZone UBS an opportunity to assess their skills and talents under pressure. In fact, the technology will allow both UBS repre- sentatives, who will be present during The Alumni Directory in eZone can help you find Ivey Alums, who the operation of the game, and Professor graduated in a specific year, with specific job titles, job function, White to monitor and coach the teams companies, industries, cities, provinces and countries. Network with throughout the game. other Ivey Alums – it is simple to access and use: Just as important, it will give Ivey stu- dents who may not have considered a ca- • Log-in to eZone at www.ivey.ca/ezone reer in investment banking an opportunity •If you forgot your username and password, e-mail to discover their hidden talents.“The game [email protected] to request it lets people see for themselves if they have • Click on “Directory” on the left hand side of the eZone the abilities needed for this business, and welcome page gives them a confidence boost to apply for • Select “Find an Alum” a job with UBS,”says Meslin. • Enter your search criteria, which includes degree, year, The partnership with UBS is an excel- title, occupation, company, city, province and/or country lent example of how companies can con- • View the results and leverage off the power of the Ivey Network tribute to the education of Ivey students, says Dean Carol Stephenson.“We encour- While you are in eZone, please take a few moments age and welcome strategic partnerships with the business community,” she says. to confirm your own contact information is correct, “It enriches learning for our students, and so fellow alumni can network with you as well. sharpens the real-world focus of our cur- riculum. A perfect partnership is one POWERED BY THE IVEY NETWORK where each partner benefits equally.” wear the mark.

Emily Wang, HBA ’06 Angela Tam, HBA ’06

1-877-BUY-IVEY or browse on line at http://iveytrading.ivey.uwo.ca Ivey Lives Remembered

Earl Orser, LLD ’91 1928-2004

helped ensure 60s, he was looking for new him as the consummate manag- the success of challenges, and went to work in er,” said Jim Etherington, who the campaign, industry. After stints with worked as a vice-president with and guided the Anthes Imperial, Molson’s and Orser. “He never argued against School for Air Canada, he joined the T. an idea from anybody. He came many years. Eaton Co. becoming president to the table with lots of ideas He served on and CEO in 1975, and famously himself, but he was almost intu- the Ivey Advi- presided over the demise of the itive in encouraging the ideas of sory Board Eaton catalogue. others at the same time.” from 1984 to When he parted company Orser was also an energetic 2004. As Chair with the Eaton family, he was volunteer, lending his skills to from 1993 to hired as a consultant by Brascan. the London Economic Develop- 1999, he over- In 1980 he became executive ment Corporation, The Universi- saw a major vice-president and CEO of Lon- ty of Western Ontario, and Ivey, restructuring, don Life, then the largest insur- among many organizations. He “The business world is changing, leading to a much stronger, more ance company in Canada. He received an honourary degree and therefore we as a manage- diverse and active Board that has became president in 1980 and from Western in 1991, and the ment school must change. since played a key role in the chairman of the board on his Ivey Distinguished Service Award Whether it’s globalization or School’s development. retirement in 1989. “That was in 1997. “He was grounded in a intensified competition or tech- But Ivey cannot claim Orser the pinnacle of his career, where strong set of values and they nology, there are new and differ- exclusively: he was an excep- he brought all his experience never wavered,” said Dean Carol ent demands on management. tional business leader, volunteer together,” said his daughter Bar- Stephenson. “Earl was Earl. He To remain relevant, Ivey must and philanthropist who touched bara, a business professor at Car- was solid. He knew what he not just keep up, but anticipate many organizations and individ- leton University. He also took an believed and he stuck to it no the demands managers will face ual lives during his lifetime. active role with the Canadian matter what he was doing.” in the future.” Born in Toronto, Orser com- Life & Health Insurance Associa- Orser and his wife Marion Earl Orser spoke these pleted his Bachelor of Com- tion, serving as its chair. had four daughters. He died of insightful words in 1997 as the merce at the University of Toron- During his tenure, London Life cancer at home in London, $75-million Ivey Campaign was to and qualified as a chartered grew from $4-billion in assets to Ontario on December 26, 2004, gathering steam. His leadership accountant in 1953. By the mid- $16-billion. “I always thought of at the age of 76.

IN MEMORIAM

Harry Ritz Yeandle, HBA ’32 Wilfred Beaudry, HBA ’53 Thomas Evald Torokvei, Darwin Eugene Hayward, HBA ’66 HBA ’79 Walter Dearness Tamblyn, William L. C. Sturgeon, HBA ’34 HBA ’55 John Harold Anderson, Gail Douglas-Becks, HBA ’67 MBA ’83 Johnny Downs HBA ’44 James Thomas Hill, HBA ’56 Frank A. Vita, Exec ’70 Gregory Wallace Affolder, John Hewetson Cooper, MBA ’94 HBA ’45 James Alexander Wylie, Robert Michael Fagen, HBA ’59 MBA ’73 Neil Patrick Ryan, William Howard Yeates, MBA ’00 HBA ’48 Kenneth Charles Roulston, Wayne Robert Munday, MBA ’62 HBA ’75 Andrew Lash, MBA ’03 Harry Gallinger, DBA ’50 ership within reach at all levels: (yours and others) resulting • Plunge in and start. Don’t wait from the transition journey. for approval or divine guidance •Keep the momentum going. Alumni Speak – you will never have all the Build employee and customer answers. loyalty through relationships and Discovering • Throw out the org chart. It’s a delivering on promises made. graveyard that represents your the leader history, not your promise. When organizations have access withinThe School in the World Teams, not hierarchy, enable ag- to the same customers and suppli- ile responses to complex busi- ers, the difference in performance By Milan Moravec, MBA ’63 ness challenges. is realized through their leader- •If you make a mistake, admit ship. And when cultivated system- it, recover quickly, fix it if you atically and deliberately, leader-

Faced with increasing competitive pressure and the growing de- mands of anxious shareholders, “Managers initiate, administer, c ompanies are struggling to and maintain; leaders originate, sharpen their strategic evaluations innovate and take risks.” and organizational effectiveness. Traditional managerial skills by themselves cannot produce deci- sions that lead to future success. can, learn from it, and try some- ship is within reach, and can grow, What’s needed is leadership, and thing else. Above all, don’t in all aspects of the organization. many companies are working to waste time and energy finding find it, develop it and nurture it. someone to blame. What’s the difference between • Abandon mindless routines, orga- a leader and a manager? Man- nizational dogma and once-suc- agers initiate, administer, and cessful strategies that have be- maintain; leaders originate, inno- come blinders. Risks need to be vate and take risks. The good man- taken to achieve the new vision. ager keeps an eye on the bottom •Look for solutions you haven’t line and knows the cost of every- tried before – preferably sim- thing; the good leader keeps an pler ones, since time is of the eye on the future and knows the essence. value of everything. The manager •With the aid of individuals and Milan Moravec, MBA ’63, is CEO of Moravec and Associ- asks ‘how?’ and ‘when?’ The leader teams from all levels and func- ates in Walnut Creek, California. This article is excerpted challenges tradition, asking ‘why?’ tions, identify basic ‘anchors’ from a longer piece by Mr. Moravec.To read the whole ar- A successful leader, in short, is and desired outcomes that will ticle, visit www.ivey.ca/intouch 52 more like a high-velocity entrepre- guide subsequent decisions. neur than a classic good soldier. • Make sure everyone is commit- Usually organizations look to ted to the outcomes. Don’t al- DO YOU HAVE SOMETHING TO SAY about an issue that’s senior management for leader- low laggards to hold the close to your heart, an ship. But leaders can be anywhere, process back – it is often easier unusual experience or an and savvy companies are finding to let them go. The greatest interesting idea? InTouch ways to seek them out and clear a source of cynicism is the per- welcomes submissions to path for them. ception of difference between the Alumni Speak Column. If you want to be an effective talk and actions. This is your space to air leader today, what do you actually •Tell the truth about the organi- your views – outrageous or otherwise – to trade ideas, do? How do you twist your way out zation’s health and needs. or simply to share a good of the plastic wrap of sameness • Stay flexible, keep learning and story with fellow graduates. and begin executing strategic know how to balance your own For more information, plans? Here are some suggestions, needs with those of the gyrat- please contact the Editor based on what I’ve observed in or- ing business. at [email protected]. ganizations that are finding lead- •Learn how to handle emotions start, grow, and thrive. microsoft.ca/potential and thrive. start, grow, leaders. If they’ve learned well and work hard, they can take a they can take leaders. learned well and work hard, If they’ve

potential, it’s what inspires us to create software that helps them software create us to what inspires it’s potential, of business to whole new levels. We stand in awe of business and its business stand in awe of We whole new levels. business to The future success of any business depends on its next generation depends on any business success of The future

© 2005 Microsoft Corporation. All rights reserved. Microsoft and Your potential. Our passion. are either registered trademarks or trademarks of Microsoft Corporation in the United States and/or other countries. homecoming 2005 FRIDAY Executive Development Offering – Leadership and Change 8:30 am – 4:30 pm Ivey’s Executive Development has designed a program specifically for reunion classes focusing on Leadership and Change Golf Anyone? 12 pm – 6 pm The Ivey Alumni Association/London Chapter invites you and your classmates to tee off your reunion with a round of golf Class Welcome Receptions 7 pm – 12 am Get the weekend off to a great start and get reacquainted with old chums from your class SATURDAY Breakfast Tours 9 am – 11 am Have an Ivey student show you what’s new as you re-visit your old stomping grounds – breakfast included Event in the Tent! 11 am – 1 pm Cheer for your year during the multimedia presentation, share some memorable moments and meet Dean Carol Stephenson. Enjoy a complimentary buffet lunch Ivey Ring Tradition 2 pm – 3 pm Take the Ivey Pledge to practice ethical busi- ness and receive your Ivey Ring Go Mustangs! 2 pm – 4 pm Cheer on the Western Mustangs as they play the York Lions in the TD Waterhouse stadium Celebrate A Night of Retro Revival 6 pm Sit with your class and see your faculty at the London Convention Centre for a funky evening complete with a cocktail September 30 – October 2 party, hors d’oeuvres, complimentary photos, delicious cuisine, dancing, and live entertainment you’ll never forget! SUNDAY Farewell Brunches Enjoy a proper sendoff at your farewell class brunch

Stay tuned for more information or contact Terri Garton at All alumni are welcome, and if your [email protected] or graduating year ends in “5” or “0” this is (519)661-3729 your special year to celebrate! ivey.uwo.ca/Homecoming