Carleton University Sprott School of Business · system, manufactured by BubbleDeck North America LLC. This innovative system significantly reduces the weight of the building and

Carleton University

Sprott School of Business

A YeAr in review

2018-19

Message from the DeanAs I look back at the past year, I am amazed at what we have accomplished together. Together, we developed a new strategic plan, reflecting our goals for effecting transformational learning, knowledge creation and dissemination, community engagement, and merging business excellence with social responsibility.

Our global accreditation by AACSB International was successfully extended for another five years. We were awarded the EFMD Global Network BSIS label for our successful completion of the Business School Impact study, which lauded our impact on our community.

We have watched the new Nicol Building, the future home of the Sprott School of Business, rise from the ground as construction continues. Upon completion, the Nicol Building will provide our students, faculty, staff and greater community with formal and informal collaborative learning and gathering spaces to further strengthen our knowledge and our connections.

Our students continue to exemplify academic excellence, leadership, and good business. Three of our Master of Accounting students placed in the top one percent of the Chartered Professional Accountants (CPA) common final exam. Our Sprott Competes case competition teams had another successful season. We welcomed over 160 Ottawa-area high school students to our campus for the Sprott Secondary School Business Challenge. Sprott students braved the cold winter for Five Days for the Homeless, raising funds to support Ottawa’s youth. Our students once again travelled to Tanzania, where they worked in interdisciplinary student teams to address local, community challenges, and our alumni gave back to the community through our Sprott Serves initiative.

We continued our tradition of celebrating our students, alumni and community partners at our annual Business Banquet, where this year we announced the winners of our first Sprott Alumni Awards. A proud congratulations again to our fantastic alumni, Steven Murphy, Jane Porter and Ben Ryan who truly exemplify Sprott as the place for tomorrow’s socially conscious, global-minded and success-driven difference makers.

Sprott prides itself on its culture of collaborative, interdisciplinary and global research. In 2018, our faculty produced 165 intellectual contributions, including 67 journal publications and 98 books, chapters, proceedings and presentations.

I extend my sincere thanks to our community of faculty, staff, alumni, students, Advisory Board members and stakeholders for all you’ve done, and all you continue to do, to contribute to the community of the Sprott School of Business.

Linda Schweitzer Interim Dean

Table of Contents

1 Sprott Snapshot

2 2018-19 Highlights

4 A Gateway to the Community

7 Transformational Learning

10 Creating and Sharing Knowledge

11 Recognizing Excellence

13 Sprott Advisory Board

Carleton University Sprott School of Business – A YEAR IN REVIEW 2018–19 | 1

Sprott SnapshotAt Carleton University’s Sprott School of Business, our innovative programs, interdisciplinary research, collaborative partnerships and external outreach are strategically aligned to contribute to, influence, and lead business and society.

Our COre StrengthS Our vAlueS

• International • Creative

• Innovation • Connected

• Responsible Management • Caring

SPrOtt BY the nuMBerS

ENROLMENTDOMESTIC PROgRaMS INTERNaTIONaL PROgRaMS

2,668Students

27%International

136Students

36%Female

40%Female

aLUMNI FaCULTY/STaFF

11,680+ Alumni working in 77+ countries

60 Full-time faculty 31 Full-time staff

RESEaRCHIn 2018, Sprott researchers contributed 165 intellectual contributions.

67 journal articles 98 books, chapters, proceedings & presentations

2 | Carleton University Sprott School of Business – A YEAR IN REVIEW 2018–19

Confirming Business Excellence: Global Accreditation ExtendedFollowing a multi-year continuous improvement process, AACSB International extended its accreditation of Carleton University’s Sprott School of Business for another five years.

During the three-day visit by the AACSB peer review team in October, the team met with more than 100 representatives of students, faculty, staff, alumni, Sprott Advisory Board members and Carleton University executives. In their recommendation for the extension of accreditation, the team recognized the Sprott School for its student-oriented culture. They also noted many of Sprott’s student experience opportunities, such as the From Buckets to Rain Barrels projects in Tanzania, the Sprott Competes case competition program, the Sprott Student Investment Fund, and the many required courses that include experiential learning.

AACSB is the longest-serving global accrediting body for business schools. AACSB accreditation has been earned by only 28 per cent of business schools in Canada and five per cent of the world’s business schools offering degrees at the bachelor level and higher.

Measuring our Impact with BSISThe Sprott School of Business completed a comprehensive assessment of the school’s impact through EFMD’s Business School Impact System (BSIS), a process that Sprott can apply to measure our impact on a continuous basis. The assessment focused on the school’s impact in the Eastern Ontario region during the 2017-18 academic year, which was significant.

. Sprott contributed $224 million to the Eastern Ontario region

. 651 Sprott graduates entered the job market

. 30 per cent of international students remained in the region after graduation

. 294 Sprott students participated in experiential learning opportunities with local organizations

. More than 5,000 Sprott alumni are working in the region

. 22 new firms that created 350 jobs were founded by alumni or supported by the entrepreneurship ecosystem over the past five years


Dana Brown Appointed Dean of the Sprott School of BusinessIn February, Carleton University President Benoit-Antoine Bacon and Provost Jerry Tomberlin announced the appointment of Dana Brown as Dean of the Sprott School of Business, commencing July 1, 2019 for a five-year term.

Dana joins Sprott from De Monfort University in the United Kingdom, where she served as Pro Vice Chancellor (Enterprise) and Dean of the Leicester Castle Business School. Previously, she was Director of the MBA program at the University of Oxford’s Saïd Business School.

“I am delighted to be joining the Sprott School of Business at Carleton University, and I look forward to working with colleagues to take the School into its next phase of success. The amount of talent and level of ambition at Carleton presents an exciting opportunity to further develop an innovative approach to business education and to grow Sprott’s impact locally and globally.” – Dana Brown

Sprott Good BusinessThis year, the Sprott School of Business launched a campaign to shift the narrative of what it means to study business and the impact one can have by doing so. Developed by Banfield Agency, the Sprott “Good Business” campaign illustrated that Sprott’s comprehensive approach to business education provides students with the foundation they need to find success and create positive change.

The campaign featured stories of alumni who are making a difference in the world. From Alexis Ashworth (MBA/13), who is connecting families in need with affordable home ownership as President and CEO of Habitat for Humanity Greater Ottawa; to Jane Porter (BIB/07) who works full-time as sustainability consultant and is building communities of social innovators in her spare time; to Sarah McRae (BIB/15), who is reframing the migrant crisis in Europe by supporting migrant-led innovation. In their stories, alumni also reflected on how their experiences at Sprott shaped their future paths.

A Gateway to the CommunityNICOL BUILDINg RISINg Since breaking ground in June 2018, there has been significant progress in the construction of the Nicol Building – the future home of the Sprott School of Business. The 115,000 square-foot facility will deliver an inspiring and collaborative learning environment in which students, faculty, business and the community can work together to find creative solutions to the challenges facing business and society.

During the fall, most of the work took place underground and by December, the building footings were in place, the foundation was laid, the main utilities connections were ready, a direct connection to Carleton’s tunnel system was created, and the tower crane was assembled. Over the winter and spring, the Carleton community watched the Nicol Building rise steadily from the ground as the concrete structure was poured by one level a month. By the end of April 2019, the structure stood four-levels above ground.

The Nicol Building is the first institutional building in the Ottawa region to use the void concrete slab system, manufactured by BubbleDeck North America LLC. This innovative system significantly reduces the weight of the building and promotes sustainability by replacing typical, cast-in place concrete slab with frames of recycled plastic bubbles over which concrete is poured. A total of 11,300 bubbles of 225mm diameter were used, displacing close to 163 tons of concrete.



aDvaNCEMENT UPDaTEThe Sprott School of Business is grateful to the individuals and organizations who support our students, programs and initiatives. The following are a few examples of the generous support received in 2018-19.

Supporting Future EntrepreneursHusband and wife, Dave Roberts and Patricia Dionne, are Ottawa entrepreneurs who, between them, run an aesthetics studio, a hot-air balloon company and a sports bar. They recently established a bursary in their wills to support a second-year student in financial need, who demonstrates an entrepreneurial spirit and may continue to employ people from the region. Although Dave and Patricia have not had a personal connection to Carleton, they chose the Sprott School of Business for its solid reputation in the community.

alterna Establishes Scholarships for Socially-Minded Business StudentsIn 2019-20, two new scholarships will be available to undergraduate students in the Sprott School of Business thanks to the generosity of the Alterna Financial Group. Alterna’s gift of $50,000, matched by Carleton University, will be permanently endowed to create the Alterna Savings Scholarship and the Alterna Bank Scholarship. Each scholarship will be awarded annually in the amount of $2,000 to an undergraduate student enrolled in a bachelor’s degree program at Sprott. Preference will be given to students involved in Enactus Carleton, a student organization dedicated to harnessing the power of entrepreneurship to create positive change in the community.

Costco Canada Supports Students in Need from the National Capital RegionCostco Canada is helping students from the Ottawa area access a university education through the establishment of the Costco Bursary in Business. Costco’s gift of $25,000 was matched by Carleton University to create an endowed bursary that will help offset the costs of university for undergraduate students entering a full-time degree program at the Sprott School of Business from a high school in the National Capital Region.

Commemorating a Professor’s Dedication to Teaching and ResearchThe family of Carol-Ann Tetrault Sirsly, a beloved faculty member who passed away in 2016, and Carleton University created a $100,000 endowment fund for the Carol-Ann Tetrault Sirsly Memorial Scholarship in Business. The scholarship will support PhD students working in the areas of corporate social responsibility, sustainable business development and corporate governance, which were the areas of focus for Carol-Ann’s research.

BUILDINg LEaRNINg COMMUNITIES wITH HIgH SCHOOLS

In November, the Sprott School of Business hosted 160 students from 14 Ottawa-area high schools for the Sprott Secondary School Business Challenge. Students competed in pairs in a business case competition led by Sprott undergraduate students. These Sprott students also visited high school business classes and delivered case-cracking workshops in preparation for the competition.

In the fall, the Sprott School of Business and Longfields-Davidson Heights Secondary School in Ottawa were recognized by the International Partnership Network with a Global Best Award in the category of Partnerships Which Build Learning Communities. Longfields-Davidson Heights was the first high school to participate in the business challenge during its pilot phase.


CELEBRaTINg aLUMNI aCHIEvEMENTOn November 26, 2018, the Sprott School of Business honoured three of our alumni who are achieving success and making a positive impact. The inaugural Sprott Alumni Awards were presented at the Sprott Business Banquet at the National Arts Centre.

Early achievement awardBenjamin Ryan (BCom/12)Through his work as Chief Operating Officer for Air North, Benjamin Ryan founded an innovative company that provides a sustainable energy supply to the Yukon. Benjamin is President and CEO of Chieftain Energy, a Yukon-owned partnership between seven First Nations and Air North.

good Business awardJane Porter (BIB/07)As a sustainability management consultant with Stratos, Jane works with business, governments and organizations in the natural resources sector. Outside of work, Jane is building communities of social innovators who are collectively making positive change.

Professional Excellence awardSteven Murphy (BCom/93, MMS/95, PhD/00)Steven is President of Ontario Tech University, where he is on a mission to reinvent post-secondary education for the 21st century. A champion for equality, inclusion and diversity, Steven is the former Dean of the Ted Rogers School of Management at Ryerson University and former Associate Dean, Research and External at the Sprott School of Business, where he began his academic career.

ExECUTIvE aND PROFESSIONaL TRaININgSprott’s Professional Programs Division offers a full range of open registration and custom programs in non-degree professional development and executive education. These programs are grouped into learning pathways that develop skills and expertise in niche areas. Several new programs have been developed this year to begin in 2019-20:

. Certificate in Real Estate Development (an interdisciplinary program offered in collaboration with Carleton’s Azrieli School of Architecture and Urbanism). Risk Management for Business and Projects. PMP® Continuing Certification Requirements (CCR®) Course. Digital and Social Media Digital Content Creator

PROFESSIONaL PROgRaMS

ENROLMENT 2018-19

Courses Offered 55

Total Participants 800+

PROgRaM TYPE

. 80% Open Registration . 20% Custom for Organizations

From left to right: Benjamin Ryan, Jane Porter and Steven Murphy.


From left to right: Devin Fraser, alex Samaroo and Michael Chiumera.

Transformational LearningSPROTT STUDENT ENROLMENT 2018-19

PROgRaM ENROLMENT % INTERNaTIONaL % FEMaLE

Bachelor of Commerce 1,895 21 39

Bachelor of International Business 215 12 57

Post-Baccalaureate Diploma in accounting 39 5 60

Master of accounting 128 8 50

MBa (Ottawa) 140 57 42

PhD in Management 50 16 52

Technology Innovation Management Master’s (Joint program with Faculty of Engineering & Design)

104 68 28

aCCOUNTINg ExCELLENCE

Three Sprott Master of Accounting (MAcc) graduates were named to the Chartered Professional Accountants (CPA) National Honour Roll, placing them in the top one per cent of over 6,000 successful writers of the CPA Common Final Exam.

In September 2018, 45 MAcc graduates successfully wrote the rigorous, three-day exam that tests CPA candidates’ knowledge, judgment and skills. Michael Chiumera (BCom/17, MAcc/18), Devin Fraser (BCom/17, MAcc/18) and Alex Samaroo (MAcc/18) finished in the top 68 in Canada and achieved a place on the CPA Honour Roll.


SPROTT STUDENTS SHINE aT INTERUNIvERSITY CaSE COMPETITIONSSprott students carried on their legacy of success at interuniversity case competitions in 2018-19. Through Sprott Competes, faculty, alumni and industry professionals volunteer their time as coaches and mentors to train and prepare students for competition.

1st Place – van Berkom JMSB Small-Cap Case Competition

Commerce students Marcus Sickert, Bryce Cameron, Steven Nader and Hala Saoudi won this prestigious investment case competition at Concordia University, marking the third time in four years that Sprott students claimed first place. The students, all members of the Sprott Student Investment Fund, also won the TD Financial Group Case Competition at the University of Ottawa this year.

1st Place – University of vermont global Family Enterprise Case Competition

Commerce students Cassandra Lee, Nicole Opsteen and Hala Saoudi won the undergraduate competition at UVM FECC. Hala Saoudi was awarded Best Presenter for the final round.

1st Place, Marketing – MBa games

MBA students Blake Daly, Andrei Ghita, Kiarash Khorram and Harsh Vaniwala won the marketing case competition at the 2019 MBA Games, hosted at Ryerson University.

1st Place, accounting – JDC Central

Sprott undergraduate students placed in three categories at JDC Central, hosted by the University of Guelph. Katelyne Clackett, Blake LeClair and Luke Krolak won first in accounting; Aparna Ashokumar, Ricky Grewal and Thomas McWilliams won third in digital strategy; and Eric Dumas, Seamus O’Connell Smith and Liam Smith won third in entrepreneurship.

Nicole Opsteen, Hala Saoudi and Cassie Lee with coach Liam gravely (BCom/17).


gROwINg THE PROJECT-BaSED LEaRNINg ENTERPRISEThrough Sprott’s project-based learning enterprise, students work on real projects for real clients from business and the community. In its pilot year in 2017-18, 37 students worked on two projects. This year, 60 students from Sprott undergraduate and graduate programs worked on nine projects, which included:. Conducting a U.S. market entry study and

analysis for a longstanding family-owned business;. Creating a pitch deck for a recruitment firm to support investment in its innovative employee advocacy and talent acquisition platform;. Developing a market research and entry strategy for a new, local brewery; and. Evaluating the business model and developing a business plan for a foundation that runs a family camp for low-income families.

Sprott students are also involved in the management of the enterprise, which provides them with experience in human resource management, project coordination and leading teams.

PREPaRINg STUDENTS FOR CaREER SUCCESS

Employability PassportLaunching in Fall 2019, the Sprott Employability Passport is a co-curricular career development program designed to equip students with the career skills and awareness to find meaningful employment and career success. Students will be required each year to participate in a selection of activities and events covering the Passport’s eight skill areas: Career Management, Communications, Global Perspective, Leadership, Professionalism, Teamwork, Technology, and Good Business. The Sprott Employability Passport will begin in September 2019 with a four-year program for Bachelor of Commerce students.

Supporting Students in Career Development and Employer ConnectionsSprott’s Business Career Development Centre (BCMC) continued to provide students with a wide range of opportunities and support to explore career options, develop career skills, enhance their job search and connect with employers and alumni.

high eMPlOYMent AMOng SPrOtt grAdS

Sprott graduates report high employment rates within 1 year of graduation. (Based on responses to a survey of 2017 graduates.)

93%BCom

94%BIB

94%MBA

100%MAcc

100%PhD


Creating and Sharing Knowledge

UNLOCkINg SOCIaL CHaNgE THROUgH a COMMON aPPROaCH TO IMPaCT MEaSUREMENTA collaborative project is underway to create and pilot an innovative standard to measure the impact of social enterprises in Ontario.

Led by Sprott’s Kate Ruff, the Common Approach Project will be the first impact measurement standard that will have the flexibility to allow social enterprises to communicate social and environmental results in ways that are relevant to their missions and communities, while giving funders, researchers and policy makers the tools to collect information in alignment to global standards.

The two-year project is a collaborative effort of social enterprises, activators, incubators, academics, funders and government. It has been funded by Employment and Social Development Canada and the Ontario Ministry of Economic Development, Job Creation and Trade.

SPROTT aND CPa ONTaRIO ESTaBLISH PROFESSIONaL aCCOUNTINg RESEaRCH gROUPCPA Ontario provided funding in July 2018 to support the creation of the Sprott School of Business Professional Accounting Research Group (PARG). Under the leadership of Francois Brouard and Merridee Bujaki, PARG builds on the expertise and experience of the accounting group and Sprott faculty to advance the field of professional accounting through knowledge development and mobilization. PARG supports the Sprott School of Business’ mission by facilitating a cross-disciplinary research environment to enable faculty and students to carry out leading-edge research on complex issues, and by working in partnership with organizations and institutions.

NEw FaCULTY aT SPROTTIn 2018-19, Sprott’s faculty welcomed two new members.

Patrick Callery – Strategic Management

Patrick is an Assistant Professor of Strategic Management. His research examines corporate motives and incentives to engage in the strategic provision of costly social and environmental goods, as well as recent movements toward formal corporate sustainability reporting. Prior to joining Sprott, Patrick attended the University of

California, Santa Barbara, where he earned his PhD in Economics and Environmental Science and Management. Patrick has extensive industry experience, having spent 15 years working for both startup and established companies in a variety of management roles that include product line management, sales and business development, finance and equities research, operations and engineering.

Samira Farivar – Information Systems

Samira is an Assistant Professor of Information Systems. Her research interests span e-commerce, social media, online decision making, information privacy and data analytics. Prior to joining Sprott, Samira attended McMaster University where she earned her PhD in Business Administration with a specialization in Information Systems.


SSHRC awaRDS

PrOjeCt reSeArCher AwArd

Building Climate Resistance in Canadian Housing through a Community Practice

Principal: Ruth Mckay

Co-investigator: glenn Mcgillivray, Institute for Catastrophic Loss Reduction

Partner: Insurance Bureau of Canada

SSHRC Partnership Engage Grant: $24,729

Immigrant Inclusion and Belonging in the Workplace

Principal: Luciara Nardon Co-investigators: Diane Isabelle, Linda Schweitzer

Collaborator: Mengistab Tsegaye, LASI World Skills Inc.

Partner: Hire Immigrants Ottawa


Managing Sustainable Cross Sector Social Partnerships in Action

Principal: andrew webb Partner: Special Olympics Canada


Recognizing ExcellenceSprott professors have been recognized by Carleton University for the outstanding contributions to research and teaching excellence in 2018-19.

Carleton University Research achievement award angela Dionisi, Assistant Professor, Management

Angela’s research on Examining the Intersection of Workplace Sexual Harassment and Parenting will investigate what lessons parents are teaching their children about sexual harassment and by extension, the potential role parents play in mitigating the occurrence of sexual harassment in the workplace. Through her research, Angela aims to generate knowledge that can be used to foster healthier workplace environments.

Sprott Faculty Research award Merridee Bujaki, Professor, Accounting

Merridee’s research project, The Redpath Papers, falls within her ongoing research on the accounting history of the construction and operation of the Rideau Canal. Her project involves transcribing and analyzing the accounting records and other communications related to the Rideau Canal in the Redpath Papers, which focus on the involvement of John Redpath – a key contractor involved in the construction of the Rideau Canal from 1826-1832. This research will also provide insights to the accounting practices in the 19th century.


Carol-ann Tetrault Sirsly Research award Michel Rod, Professor, Marketing

The annual research award is given to a faculty member in recognition of quality in research publications. With active collaborations in Canada and abroad, Michel is at the forefront of shared international knowledge in interdisciplinary fields of marketing. His research encompasses several key areas that intersect within the larger fields of social business practices, triple helix multisector collaborations, marketing, organizational management, entrepreneurship, intellectual property and commercialization.

Sprott Teaching Excellence award – Faculty Leighann Neilson, Associate Professor, Marketing

Leighann teaches marketing at all levels. Her courses include Marketing in Arts and Culture Organizations, Marketing for Non-for-Profit Organizations, and Consumer Culture Theory. Leighann has an inclusive teaching style and incorporates community-engaged or practice-based assignments. This not only assists local businesses and not-for-profit organizations, but also provides opportunities for students to learn from accomplished professionals, entrepreneurs and volunteers.

Carleton University Contract Instructor Teaching award Robert Helal, Adjunct Research Professor

Robert teaches marketing and strategic management at the undergraduate and graduate levels. He brings to his teaching over 20 years of industry experience in new product management, collaborative innovation research and the use of experiential learning methods to help students strengthen theory-based, critical thinking skills.

Sprott Teaching Excellence award – Contract Instructor ahmad Teymour

Ahmad teaches operations management and project management at the undergraduate level. His student-centered teaching philosophy adheres to three objectives: to promote critical thinking and decision-making skills; to pursue self-development and life-long learning skills; and to apply a high standard of integrity, ethics and social responsibility.


Sprott Advisory Board

Hanif Patni (Chair, 2018-19) Co-owner Coventry Connections

arlene anderson, BCom/81 President and Co-Owner SAM BAT – The Original Maple Bat Corp.

Maria Barrados Partner Barrados Consulting

Niraj Bhargava Associate CTO NuEnergy.ai

Doug Church Partner and Owner Phase 5

Michael Curran President Great River Media

Frank graves President and Owner EKOS Research Associates

Don Hewson Founder and President HBS Marketing

Bill Lawson Adjunct Professor, Finance Sprott School of Business

Lori O’Neill, BCom/80 Corporate Director and Consultant

Rob Paterson President & CEO Alterna Savings and Credit Union Alterna Bank

Steve Spooner, BCom/80 Chief Financial Officer (retired) Mitel Networks Corporation

alastair Summerlee Adjunct Research Professor

ken Tencer, BCom/87 Chief Executive Officer Spyder Works Inc.

Michelle van Tol, BCom/85 President & Founder Cashia Consulting Corp

allan Zander CEO DataKinetics

COntACt uS

Please contact us to discuss these and other opportunities at the Sprott School of Business.

Tel: 613-520-2388Email: [email protected]: sprott.carleton.ca

MaIL:Sprott School of Business 801 Dunton Tower Carleton University 1125 Colonel By Drive, Ottawa, ON K1S 5B6 Canada

COnneCt with SPrOtt

At the Sprott School of Business, we strive to continuously enhance our activities and student experience through engagement with business, industry and the community. There are many ways to get involved with Sprott, including:

• Hire a Sprott student or graduate through our Business Career Management Centre.

• Have students work on a project with your organization.

• Attend an event.

• Coach or judge our student case competition teams.

• Be an in-class speaker.

• Support student initiatives through sponsorship or philanthropy.

• Connect with a Sprott researcher.

Documents

Carleton University Sprott School of Business · system, manufactured by BubbleDeck North America LLC. This innovative system significantly reduces the weight of the building and