The LRI holds short, intensive conferences focused on specific key challenges facing business and society. The events bring together speakers from our different constituencies, balancing contributions from academic experts, business leaders and policy makers, to highlight trends and parallels from the long-run experience, and reflect on their contemporary and future impact. Organised as roundtables, the events are purposefully designed to foster dialogue and debate.
In pre-COVID times, the symposiums were full-day invitation-only events designed to maximize the opportunity for the sharing of ideas among the participants. In the current work-from-home environment, we are harnessing the power of online platforms to deliver panel discussions and in-depth interviews with leaders in their fields.
Please explore the summaries and links to our upcoming and previous events, listed on the page below.
We are always working on ideas for future events. Please check back frequently for details or join our MAILING LIST to receive updates as they become available.
Previous events, with links to summaries and video recordings.
DE/RE-INDUSTRIALISATION : LEGACIES, CHALLENGES AND FUTURE PROJECTS
13 January 2021, Online.
Hosted by the Long Run Initiative in association with the Chief Executives’ Club at Queen’s, panel member Dr Graham Brownlow, Senior Lecturer in Economics, Queen’s University Belfast was joined by Dr Judy Stephenson, Associate Professor in Economics and Finance of the Built Environment, University College London; Dr Tirthankar Roy, Professor in Economic History, London School of Economics and Political Science; and Rose Mary Stalker, Chair of Invest Northern Ireland. Dr Michael Aldous, Senior Lecturer in Management Queen’s University Belfast chaired the discussion.
In this 90-minute webinar, our panelists focused on the topic of De/Re-Industrialisation: Legacies, Challenges and Future Prospects. Understanding why regions around the world are experiencing deindustrialisation and the negative impact these processes have had on economies, societies, and political systems have become increasingly pressing questions for both corporate and policy decision makers. Processes of deindustrialization lead to changes in patterns of manufacturing, shifting where and how industry operates, affecting regional levels and types of employment. In turn, these developments require the reconfiguration and development of assets and supply chains, and the generation of new skills through training and education. In this LRI briefing, this panel of leading economists, historians, and industry representatives examined some of the causes and consequences of deindustrialisation. They also discussed how long run perspectives help them to think about possibilities for reindustrialisation, and the implications these trends have for today’s corporate decision makers and policy makers in addressing these challenges.
The complete webinar can be viewed HERE.
THE PAST / FUTURE OF THE PUBLIC CORPORATION: LONG RUN, CURRENT STATE, FUTURE PROSPECTS IN THE POST-PANDEMIC ERA
October 2020, Online.
The public corporation as we know it today is a powerful and deeply ingrained engine of collective endeavour, organising, deploying, consuming, and generating massive amounts of capital and labour. However, declining trust, environmental degradation, concerns about both social cohesion and the future of work have opened up a global debate on the role and purpose of the corporation, and the need to reconceptualise it. The Global Pandemic has simply put these questions front and centre.
Our long-run experience with the corporation runs deep: questions about the proper relationship between private and public, between shareholder and stakeholder, between management and control have been with us in different guises for a long time. Today, both government leaders and corporate executives find themselves at an historic crossroads, having to deal with serious challenges to economic growth, public debt, employment, and human wellbeing. Klaus Schwab of the World Economic Forum calls it the “Great Reset” – an agenda that hopes to steer the market toward fairer outcomes, coordinated investments in shared goals such as equality and sustainability, and the utilization of innovations of the Fourth Industrial Revolution to support the public good, particularly health and social challenges.
Our esteemed participants discussed what form and role of the corporation might play in this evolving context. Keynote guests Dr. Colin Meyer of Oxford University defined his thoughts on “corporate purpose”, stakeholderism, and the Friedman doctrine, and Ms. Mona Malone of Bank of Montreal discussed the “what and how” of design and implementation regarding corporate purpose at the bank. The day’s panels addressed “The Corporation: Evolution” and “Current State/Purpose and Perspectives on The Changing Corporation”.
We are indebted to our co-sponsors, the Bank of Montreal, one of Canada’s earliest and most resilient institutions, for its support. A video link to the conference was shared with registrants.
Special thanks to speakers:
- Ms. Mona Malone, Chief Human Resources Officer and Head of People & Culture, BMO Financial Group, Conference Co-Chair
- Dr. Laurence B. Mussio, Co-Founder & Director, Long Run Initiative, Conference Co-Chair
- Dr. Colin P. Mayer, CBE, Peter Moores Professor of Management Studies, Said Business School, Oxford University
- Mr. Dan Barclay, Chief Executive Officer & Group Head, BMO Capital Markets
- Mr. Jacob Hipps, Vice President, Product Fulfillment, Etsy (formerly Walmart E-Commerce)
- Dr. Andrea Schneider-Braunberger, Geschäftsführerin, Gesellschaft für Unternehmensgeschichte e.V., Frankfurt, Germany
- Professor John Turner, Queen’s Management School, Queen’s University Belfast, Co-Founder & Director, Long Run Initiative
- Mr. David Walmsley, Editor-in-Chief, The Globe and Mail, Governor, Long Run Initiative
- Dr. Michael Aldous, Senior Lecturer, Queen’s Management School, Queen’s University in Belfast, Co-Founder & Director, Long Run Initiative
- Dr. Ioana Cozmuta, CEO & Co-Founder, G-Space Inc.
- Dr. Christopher Marquis, Samuel C. Johnson Professor in Sustainable Global Enterprise, Cornell University, New York
- Ms. Joanna Rotenberg, Group Head, BMO Wealth Management, BMO Financial Group
- Dr. Gerard Seijts, the Ian O. Ihnatowycz Chair in Leadership, Ivey Business School, Western University, Ontario
BIG TECH: MONOPOLY’S SECOND MOMENT? THE EVOLUTION AND TRAJECTORY OF GOVERNMENT POLICY AND CORPORATE STRATEGY
October 2020, Online
The LRI held its first online conference in October 2020 in partnership with the Wilson/Currie Chair in Canadian Business History, University of Toronto. With nearly a thousand registrants and attendees from Canada, the USA, the UK, and the EU, the conference underscored just how concerned people are about the consolidation of social, economic, and political power in the hands of a few – the so-called FAANG companies: Facebook, Amazon, Apple, Netflix and Google (Alphabet).
Conference speakers were drawn from the senior ranks of government and business and provided a variety of insight into the topics at hand. The first panel addressed international perspective on Big Tech and anti-trust. The second panel addressed possible Canadian responses, from both public policy and corporate strategy perspectives. The event’s keynote guests Hon. Dr. Kevin Lynch, former clerk of the Privy Council, and Dr. Richard Langlois, Professor of Economics, University of Connecticut, also spoke eloquently in their one-on-one discussions with the event co-chairs.
To view the conference, please click HERE.
Our thanks to:
- Dr. B. Mussio, Co-Founder & Director, Long Run Initiative, Conference Co-Chair
- Dr. Dimitry Anastakis, the Wilson/Currie Chair in Canadian Business History, University of Toronto, Conference Co-Chair
- The Hon. Dr. Kevin Lynch, PC, OC, PhD, LLD, Former Clerk of the Privy Council, Canada, Governor, Long Run Initiative
- Dr. Richard Langlois, University of Connecticut
- Mr. Simon Kennedy, Deputy Minister, Innovation, Science and Economic Development Canada
- Dr. Gillian Hadfield, Director, Schwartz-Reisman Institute, University of Toronto
- Ms. Claudette McGowan, Global Executive Officer for Cyber Security, TD Bank
- Mr. Victor Tung, Executive Vice President U.S Chief Technology & Operations Officer & Chief Operating Officer, BMO Financial Group
- Dr. Michael Aldous, Senior Lecturer, Queen’s Management School, Queen’s University, Belfast, Co-Founder & Director, Long Run Initiative
- Mr. David Walmsley, Editor-in-Chief, The Globe and Mail, Governor, Long Run Initiative
- Mr. Lawson A.W. Hunter, Senior Counsel, Stikeman Elliott LLP
- Dr. Taylor Owen, Max Bell School of Public Policy & Beaverbrook Chair in Media, Ethics and Communications, McGill University
- Dr. Elizabeth Acorn, Assistant Professor, Dept. of Political Science, University of Toronto
- Mr. David Skok, CEO & Editor-in-Chief, The Logic
To view the conference website with bios and other details, please click HERE.
PRECEDENTS IN AN UNPRECEDENTED WORLD; INSIGHTS FOR PANDEMIC ERA LEADERS
June 2020, Online
In this webinar presented jointly by The William J Clinton Leadership Institute and the Long Run Initiative, Canadian business historian Dr. Laurence B. Mussio, hosted a panel of business and economics historians, in a discussion about how a long-run perspective helps them think about how Covid-19 will affect businesses, the financial system, inequality and globalization. The panel debated what leaders can learn from past pandemics, economic depressions and national crises. Featuring Professor John Turner, Dr. Michael Aldous and Dr. Chris Colvin, Senior Lecturers from Queen’s Management School at Queen’s University Belfast.
To view the discussion please click HERE.
CONFRONTING THE PRODUCTIVITY CHALLENGE
November 2019, Belfast UK
For 250 years, consistent improvements in productivity have created an engine for economic growth, greater prosperity and better standards of living. Since the Global Financial Crisis, that two-and-a-half century winning streak has stalled: productivity has flat-lined. Productivity – how to generate it and sustain it – constitutes one of the most complex and serious challenges facing both enterprise and public policy.
For businesses, productivity is a driver of profits and a catalyst of scale and growth within businesses. The lack of strategic focus on productivity improvement holds back many companies: repeated failure to invest, or to deploy technology are two of the most serious problems. Yet, the challenge is not only about investment and technology deployment: commentators also point to the need to develop managerial culture and practices as equally important in delivering productivity improvements. How can business leaders ensure that their managers are suitably equipped for this task?
For policymakers, a different but complementary set of considerations are at play. A broad range of policy factors relating to investment, innovation, technology, enterprise, and skills are linked to productivity growth. How can policymakers stimulate innovation ecosystems, whilst enabling businesses to leverage subsequent breakthroughs?
Read how our speakers think trends and parallels from the past will influence the response of firms, markets and governments to the current challenges of productivity.
INFORMATION REVOLUTIONS ROUNDTABLE
May 2018, Belfast UK
The beginning of the 21st Century has become known as the Information Age. An information revolution is generating momentum for a 4th Industrial revolution creating a knowledge-based economy and society. These changes bring myriad opportunities and threats for organizations and governments. Whilst this process is broadly understood as a historical transition, less interest has been paid to understanding how these challenges have been addressed in earlier periods. This is a missed opportunity as information and information technologies have remained a constant source of advantage and friction in business.
Read how our speakers think trends and parallels from the past will influence the response of firms, markets and governments to the current challenges of information revolutions.
Click HERE to read how our speakers think trends and parallels from the past will influence the response of firms, markets and governments to the current challenges of information revolutions.