Adrian Shellard, for the Haskayne School of Business
Jan. 29, 2020
Master of Management students balance strategy and values in WestJet capstone experience
Think business is all spreadsheets and financial statements? students, who have come to the graduate studies from other disciplines, have also been digging deep into ethical leadership within their 10-month business education.
鈥淪trategy considers how to pursue goals in line with the company鈥檚 values, and ethics allows you to evaluate and reconsider these values,鈥 says Dr. David Dick, PhD, an associate professor of and a fellow in the at the Haskayne School of Business. Balancing these aspects of business is always a challenge involving trade-offs, weighing the needs of multiple stakeholders including customers, regulators and employees.
The airline industry provided the perfect environment for MMgmt students to learn first-hand how these business challenges are approached, with a capstone project hosted at WestJet.
- Photo above:聽Mirele Koumary (ninth聽from left) and her team examined WestJet鈥檚 strategy to pursue corporate and business travellers in their week-long capstone. Photo by Adrian Shellard, for the Haskayne School of Business
鈥淲e became involved in the capstone quite simply because Haskayne and CCAL asked for our participation. WestJetters believe in giving back to the communities we serve, and this kind of thing comes naturally for us,鈥 says Charles Duncan, executive vice-president and chief strategy officer at WestJet.
Four topics, with ethics literature for each, were covered in the intensive week-long experience: onboarding, network connections, labour relations, and strategy. Ethical issues can arise in all of these areas. In onboarding, for example, the challenge is creating a consistent culture that still allows for constructive deviance,聽as this quality is often what can help an organization side-step group-think.
鈥淢y biggest takeaway from this experience is how incredibly difficult it is to develop and manage any industry and how a multitude of components come together to determine whether a company is going to be successful or not,鈥 says Mirele Koumary, who came to the Haskayne MMgmt program with a BSc in Psychology from McGill University.
Diverse backgrounds informed students' conclusion
With four days of intensive learning about the complexities of the airline industry and six hours to prepare a presentation for senior leadership, Koumary and her group examined WestJet鈥檚 strategy to pursue corporate and business travellers. Taking their diverse backgrounds to analyze the implicit messages behind the company鈥檚 marketing campaigns, the group ultimately recommended that the airline stick to recreational travellers.
鈥淭hey did a great job pointing out how some of our current advertising seems inconsistent with our stated strategy,鈥 says Duncan. 鈥淭he students鈥 recommendation prompted some great discussion long after the students returned to campus. And I applaud them for thinking outside the box and taking a strong position.鈥
The cohort MMgmt students are diverse, each coming to the program with an undergraduate degree in an area other than business. And it is this diversity that really adds to the experience as the students go through intense learning together. The geologists and biologists bring a mathematical and analytical perspective, while the psychology and sociology grads are tuned to cultural issues.
In their final capstone paper, students will need to bring these perspectives together with an ethical analysis of their recommendation, applying the moral philosophy they learned through the sessions with Dick聽and visiting business ethicists like Joanne Ciulla, Mary Gentile and R. Edward Freeman.
鈥淭he rapid and variable courses we had taught me that I am capable of working under pressure and adapting to different situations,鈥 adds Koumary.
Adrian Shellard, for the Haskayne School of Business