For centuries, business thrived by taking from the earth. But that profit has come at a cost: a biodiversity crisis threatening our future. In response, a new financial model is emerging – one where returns come not from depletion, but from restoration.To explore what this transformation means for business and society, Julian Birkinshaw is joined on Dialogue with the Dean by Diane-Laure Arjaliès, Associate Professor of Managerial Accounting and Control & Sustainability at Ivey Business School, founder of School’s Sustainable Finance Lab, and a global leader in sustainable finance.Together, they discuss the role of sustainable finance, pushing the boundaries of capitalism, and the development of the Deshkan Ziibi Conservation Impact Bond. A first-of-its-kind financial model, the Bond is already transforming outcomes in Canada – and sparking global change. The key to its success? “Two-Eyed seeing,” a powerful approach that weaves Western finance with Indigenous knowledge to restore balance with the natural world.Thought-provoking and hopeful, this conversation reveals how finance, reconciliation, and business can move beyond extraction to create solutions that heal the land, empower communities, and redefine the very meaning of value.In this episode: 1:26: Can nature pay dividends? 5:01: Breaking down Conservation Impact Bonds 11:01: Why planting more may not equal conservation success 15:35: Is Two-Eyed Seeing the key to better decisions? 18:17: How Two-Eyed Seeing transforms the classroom 21:51: The future of business is sharedTo learn more about the research discussed in this episode, please visit: ‘Let's Go to the Land Instead’: Indigenous Perspectives on Biodiversity and the Possibilities of Regenerative Capital: https://onlinelibrary.wiley.com/doi/10.1111/joms.13141The Deshkan Ziibi Conservation Impact Bond Project: On Conservation Finance, Decolonization, and Community-Based Participatory Research: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3976535 Can Financialization Save Nature? The Case of Endangered Species:https://onlinelibrary.wiley.com/doi/10.1111/1911-3846.12810 Celebrating the End of Enlightenment: Organization Theory in the Age of the Anthropocene and Gaia (and why Neither is the Solution to Our Ecological Crisis:https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3875545 The Motivations and Practices of Impact Assessment in Socially Responsible Investing: The French Case and its Implications for the Accounting and Impact Investing Communities https://www.tandfonline.com/doi/full/10.1080/0969160X.2022.2032239
--------
24:59
--------
24:59
What it takes to build an ethical business
From financial fraud to environmental violations, stories of corporate misconduct are hitting the headlines with unsettling frequency. More troubling still, those are just the cases we see. Behind the scenes, countless smaller lapses unfold quietly, reshaping workplaces in ways that often go unnoticed.So how do we move beyond the headlines and build ethical business cultures that last? In the season two premiere of Dialogue with the Dean, Julian Birkinshaw speaks with Hayden Woodley, Assistant Professor of Organizational Behaviour at Ivey Business School, about his eye-opening new research on emotional intelligence and ethics. He explains how stronger EI can lead to better decisions, how ethical behavior can be “contagious” across teams, and what leaders can do – from smarter hiring to intentional training – to create cultures of integrity.Drawing on his expertise in team dynamics, Hayden also reveals how to create teams that disagree productively, foster true inclusivity, and avoid the traps of laissez-faire leadership.Engaging and practical, this episode offers clear strategies for turning ethics from an overhyped buzzword into a real competitive advantage.In this episode: 2:17: What do winning teams have in common? 9:21: The surprising role of emotional intelligence in ethics 12:33: Why confidence turns ethics into action 15:23: Can tomorrow’s leaders train their emotional intelligence today? 21:14: The power of example 24:30: Ethics: The blue pill or red pill?To learn more about the research discussed in this episode, please visit: Emotional Intelligence and Business Ethics: Feeling Confident in Doing the Right Thing: https://link.springer.com/article/10.1007/s10551-025-06044-3Mapping the traits desired in followers and leaders onto fundamental dimensions of social evaluation.https://psycnet.apa.org/record/2025-07509-001?doi=1 Constructive Controversy and Reflexivity Training Promotes Effective Conflict Profiles and Team Functioning in Student Learning Teams: https://journals.aom.org/doi/10.5465/amle.2015.0183 The Structure and Function of Team Conflict State Profiles: https://journals.sagepub.com/doi/10.1177/0149206315581662The Emergence of Group Potency and Its Implications for Team Effectiveness https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2019.00992/full Examining Equity Sensitivity: An Investigation Using the Big Five and HEXACO Models of Personality: https://www.frontiersin.org/journals/psychology/articles/10.3389/fpsyg.2015.02000/full
--------
26:31
--------
26:31
Welcome to Season 2 of Dialogue with the Dean
The Ivey Impact Podcast is back this September with Season 2 of Dialogue with the Dean! Join Ivey Business School Dean Julian Birkinshaw as he welcomes a new lineup of the School’s top thought leaders into the hot seat for conversations on the research and insights reshaping business and society.
--------
0:53
--------
0:53
Smarter investing: Building your own philosophy for an uncertain world
Volatile markets, political upheaval, and economic uncertainty have left even seasoned investors wondering how to respond. But is there really such a thing as a “perfect” investment strategy? In this episode of Dialogue with the Dean, Julian Birkinshaw speaks with Steve Foerster, finance professor at Ivey and author of two acclaimed books that blend behavioral finance, history, and practical wisdom. Together, they explore the psychology behind investor decision-making, the myths and realities of portfolio theory, and how timeless lessons can guide us through modern-day market chaos. Packed with insight and perspective, this conversation offers practical guidance for investors looking to learn from history, develop their own philosophy, and make smarter decisions in uncertain times. In this episode: 3:16 In Pursuit of the Perfect Portfolio5:08 Harry Markowitz9:46 William Sharpe12:58 John (Jack) Bogle18:50 Interviewing investing luminaries20:27 Trailblazers, Heroes and Crooks20:46 Ronaldo and Coca-Cola stock shock23:09 Mastering inactivity26:12 Power of keeping emotions in check29:31 Upcoming biography on William Sharpe To learn more about the research discussed in this episode, please visit:Trailblazers, Heroes and Crookshttps://www.ivey.uwo.ca/impact/read/2024/10/trailblazers-heroes-crooks-and-smart-investing/ In Pursuit of the Perfect Portfoliohttps://www.ivey.uwo.ca/news/news-ivey/2021/august/new-book-in-pursuit-of-the-perfect-portfolio/ Lessons on Learning from failure from a Nobel Prize winning economisthttps://www.ivey.uwo.ca/news/news-ivey/2024/may/lessons-on-learning-from-failure-from-a-nobel-prize-winning-economist/ Impact Live – Market Mayhem: Investing amid chaoshttps://www.ivey.uwo.ca/impact/watch/2025/03/impact-live-market-mayhem-investing-amid-chaos/
--------
32:18
--------
32:18
Degrees of change: Higher education’s role in a shifting world
How can post-secondary institutions prepare students – and society – for a future defined by rapid technological shifts, geopolitical uncertainty, and unprecedented global connectivity?In this special episode of “Dialogue with the Dean,” Julian Birkinshaw, Dean of Ivey Business School at Western University, sits down with Alan Shepard, Western’s eleventh President & Vice-Chancellor, to explore the evolving role of higher education. Together, they examine how universities can foster innovation, adapt to the rise of AI, and champion entrepreneurship through dynamic initiatives, like the Morrissette Institute for Entrepreneurship. The conversation also highlights why a diverse international student body is essential for post-secondary learning and how Ivey’s Bold Ambition is reimagining experiential business learning for a rapidly changing world. In this episode: 2:12: How do universities evolve without losing themselves?10:15: Why global perspectives belong in every classroom14:44: Finding the balance between the three Ps: People, Planet, Profit24:29: The rise of entrepreneurship at Western University27:38: How Ivey is reimagining business educationTo learn more about the initiatives discussed in this episode, please visit: Towards Western 150: https://strategicplan.uwo.ca/ Morrissette Institute for Entrepreneurship: https://entrepreneurship.uwo.ca/ Ivey’s Bold Ambition: https://www.ivey.uwo.ca/about/strategic-plan/
The Ivey Impact Podcast is the flagship series of Ivey Business School, one of Canada’s top institutions for business education. Tailored for modern leaders, each brief yet impactful episode brings the expertise and innovative thinking of Ivey’s globally recognized faculty to the forefront. The dynamic discussions tackle today’s most critical issues, from start-ups and sustainability to AI-integration, responsible leadership, and more. Released monthly, Ivey Impact Podcast is the source for leaders seeking exclusive insights and actionable ideas that ignite change.
Canada - english