Dean’s Column – October 2015

Len Waverman, Dean, DeGroote School of Business | October 5, 2015

Innovation is perhaps the most important undertaking of any organization to ensure long-term sustainability. At the DeGroote School of Business, innovation is a key part of our strategic plan and is one of our three values, along with generosity and collaboration. Increasingly, innovation takes place in the digital realm which presents certain challenges, especially to established businesses that did not develop in the digital sector as it has emerged.

Digital innovation is the raison d’etre of our new EMBA in Digital Transformation. I am very pleased to formally announce that the EMBA program has recently achieved final approval from the province and we will soon be accepting applications for the first cohort that will begin in September 2016.

In this edition of the Knowledge Magazine, you will find an article by Michael Hartmann, Principal at the Directors College, that addresses the issue of governance as it relates to digital innovation. Tomorrow night, October 6th, Michael will be joined by Gino Scapellati, Eugene Roman, Anna Paluzzi and Jordan Soloway at the National Club in Toronto in a panel discussion about governance in an era of digital innovation.

Finally, on a personal note, I want to congratulate Barb Pegg on 40 years of service at McMaster University and the faculty of Business. As a student advisor, Barb has helped countless students through their post-secondary careers and she is fondly remembered by so many of our alumni. We will be celebrating Barb’s anniversary at a special event this fall, and if you would like an invitation to attend, or have a story to share, please contact Greg Rombough (rombogr@mcmaster.ca).

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