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Table Of Contents: Spring 2024

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MANAGEMENT

SPRING 2024: THE SUPERPOWERS ISSUE

Two of Canada’s most influential leaders visited the Rotman School recently for a wide-ranging discussion with Dean Susan Christoffersen (far right). 3M President Penny Wise (at left) and GE Canada CEO Heather Chalmers (Rotman MBA ’04) shared insights on leading through uncertainty, the evolution of corporate governance, building a culture of innovation and more. For highlights of the conversation, see page 68 for The View From the Top: Inside the C-Suite. See our inside back cover for a list of upcoming events at the Rotman School.

Features

6

There Is No Planet B: Bringing Sustainability to Life by Anita

A Brazilian cosmetics powerhouse is demonstrating the vast potential of large corporations to address climate change.

18

Conflict Resolution 2.0: The Mindset of the Possibilist Interview by Karen Christensen

One of the world’s leading conflict resolution experts describes why conflict is natural — and why we should all aspire to be Possibilists.

24

How to Integrate ESG Into Your Organization’s DNA by A. Barrack, W. Hejazi and S. McGeachie

The smartest organizations not only manage the ESG factors that are material to their business — they also recognize their interdependence.

PHOTO: EUGENE GRICHKO

32 Strategic Foresight: Creating Visions of the Future by Octavio Egea and Arjun Shukla

The path ahead is neither linear nor predictable, but that doesn’t mean we should fear it. Instead, we can attempt to shape it to suit our context.

38

Personal Development 101: Introducing The Wheel of Self by Maja Djikic

When five aspects of the self are working in harmony, change can happen organically. But what happens when the Wheel of Self stalls?

50

Measuring Digital Innovation: A Four-Stage Framework by

A simple framework can help leaders avoid the common mistakes made by corporate innovators — and accelerate their next digital success story.

68

The View From the Top: Inside the C-Suite

Interview by Susan Christoffersen

Two of Canada’s top corporate leaders share insights about their current mindsets and priorities with Rotman School Dean Susan Christoffersen.

56

Was It Me—Or Was That Gender Discrimination? The Impact of ‘Ambiguous Incidents’ on Women by L. Doering, J. Doering and A. Tilcsik

Addressing gender inequality at work requires an understanding of not just overt discrimination but also the realm of potential discrimination.

74

The Way of the Unicorn: The TransPerect Story

Interview by Karen Christensen

44

AI’s Effect on Jobs: Automation vs. Augmentation by A. Agrawal, J. Gans and A. Goldfarb

Evidence is mounting that AI will have the greatest impact on tasks performed by high-wage workers — and will provide new opportunities for those at the lower end of the scale.

62

Unlearning Silence: How to Encourage People to Use Their Voice by Elaine Lin Hering

At some point in our lives, we have all silenced others. Five strategies can help you encourage people to use their voice — and reap the benefits.

Self-made Unicorn Liz Elting describes her entrepreneurial journey and the steps she took to build the world’s largest provider of language and business solutions.

80

Navigating Without a Map: The Quest for First Principles by Joerg Esser

To improve our orientation in a complex world, we need to shift our focus from business practices based on past experience toward the ‘first principles’ that underly them.

In Every Issue

5 From the Editor

12 Thought Leader Interview: Sonia Kang

by

Idea Exchange

“Curiosity isn’t just good for the soul and for our relationships. It’s also good for business.”
–Scott Shigeoka, p. 125

Rotman Management

Spring 2024

Published in January, May and September by the Rotman School of Management at the University of Toronto, Rotman Management explores themes of interest to leaders, innovators and entrepreneurs, featuring thought-provoking insights and problem-solving tools from leading global researchers and management practitioners. The magazine reflects Rotman’s role as a catalyst for transformative thinking that creates value for business and society.

ISSN 2293-7684 (Print)

ISSN 2293-7722 (Digital)

Editor-in-Chief

Karen Christensen

Contributors

Ajay Agrawal, Andrea Barrick, Susan Christoffersen, Maja Djikic, Jan Doering, Laura Doering, Joshua Gans, Avi Goldfarb, Megan Haynes, Walid Hejazi, Brett Hendrie, Sonia Kang, Sarah Kaplan, Gary Latham, Jennifer Lee, Roger L. Martin, Anita M. McGahan, Susan McGeachie, Leondro S. Pongeluppe, András Tilcsik

Marketing & Communications Officer Mona Barr

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