Rotman Executive Summary

In a world overloaded with opinions, hot takes and half-truths, the Rotman Executive Summary offers something rare: trusted insight. The Rotman Executive Summary cuts through the clutter to bring you research-backed insights from the University of Toronto’s Rotman School of Management — Canada’s leading business school. Each episode features Rotman faculty unpacking timely research and big ideas on the issues organizational leaders care about most: building compassionate and effective workplaces, navigating AI-driven changes, strategizing for chaos and more. These are ideas worth knowing — delivered in brief, engaging conversations you can listen to anytime, anywhere. Whether you’re a curious leader, a lifelong learner or someone who simply wants to understand what’s really driving change in business and society, this podcast delivers credible, research-backed intelligence in under 20 minutes.

  1. Apr 14

    The power of language: Make your writing more persuasive

    Are we being manipulated by the words we hear — and the ones we use? In this episode, marketing and psychology professor Sam Maglio unpacks the hidden signals embedded in everyday language, from why abbreviations can make you seem insincere to how tense and voice subtly shape what we believe. Listen in and how small shifts in wording influence perception, persuasion and even behaviour — and how to keep your inner psycholinguist on alert. Show notes  [0:00] Ever feel like the words you hear are manipulating you? That’s because, in some cases, they are.  [0:53] Meet Sam Maglio, a professor of marketing and psychology at the University of Toronto.  [2:01] When it comes to the words we use, we’re probably not being critical enough about what we’re saying.  [3:03] More often than not, what we’re saying isn’t being interpreted by the recipient in the way we mean (this is partially because we’re bad at perspective taking).  [4:56] How does capitalization influence our perception of gender?  [5:37] Abbreviations can make us seem less sincere.  [7:43] Speaking in present tense makes us more believable… [8:50] …so does speaking in active voice.  [9:25] But speaking in passive voice can give us an air of authority.  [10:52] What does this all mean? Well, words are manipulative. This can be good; one famous study told a group of housekeepers at a hotel that they were exercising rather than working, and without making any other changes, that group lost weight.  [12:10] But it can also be used to subtly sway your ability to believe in things like climate change.  [12:36] We live in tech-bubbles that supercharge the spread of misinformation, which is bad when you think about the mere exposure effect.  [13:17] So we need a bit of self-reflection to protect ourselves from being manipulated.  [13:38] “I think part of it starts with being aware of how our psychology plays tricks on us. Our psychology makes us want to click on the clickbait, even though we might know it's not true. How many studies have you heard where people will post things or retweet things or like things, and they haven't even read the article, because if the world is on fire, then damn it, everyone needs to know that the world is on fire. Take a breath before that and like not be part of the problem, because it's very easy for a thump to turn into an echo, to turn into a chorus of all sorts of negative things.”

    The power of language: Make your writing more persuasive
  2. Mar 11

    When markets move as one: The hidden forces driving collective investing behaviour

    Why do markets dip after the clocks change? Why do investors become more risk averse in the fall? And what does this mean for your portfolio? We like to think we’re rational investors. We’re not. On the latest episode, professor Lisa Kramer explores how hidden behavioural biases influence our portfolios — and even shift global markets.    Show notes Show notes [0:00] Humans tend to overestimate our abilities. We tend to think of ourselves as better than average.  [0:33] Meet Lisa Kramer, a professor of finance at the University of Toronto, and an expert in the psychology of financial decision-making. [1:20] While thinking we’re better than average benefits us in certain situations — think dating and job hunting — it can be detrimental to our finances.  [2:13] This over-confidence is clearest when people try to outperform the stock market.  [2:56] But beyond internal biases, there are also external factors that influence our financial decisions.  [3:19] Lisa and her colleagues studied how the clock changes influenced the market as a whole and found that the day after the clocks changed, stock markets tumbled. But why?  [5:30] Seasonal changes — like the shift to winter — also make us more risk averse, en masse.  [7:16] Lisa’s research shows this isn’t just in the stock market; investors sought out safer products, like mutual funds and treasury bonds, in the winter.  [8:44] What does this mean for companies?  [9:28] Will AI save us (hint…not so much).  [10:29] And can the average investor do anything to mitigate these biases (hint…not so much).  [12:30] “The best we can do is educate people that these are common biases, and get people to think about decisions that they've made in their own lives and self-evaluate the extent to which maybe they've been subject to these biases.”

    When markets move as one: The hidden forces driving collective investing behaviour
  3. Feb 10

    From #MeToo to breakthrough: How social movements drive innovation

    #MeToo forced Hollywood to reckon with its past — but did it actually change the future of filmmaking?  Looking at years of behind-the-scenes and on-screen data, associate professor Hong Luo explores how the wide-spread social movement did — and did not — change movie-making; how stigma, coordination and market-wide shocks influence organizational behaviour; and why large-scale movements can create opportunities for change that just weren’t profitable or possible before. Show Notes Show notes [0:22] It’s been nearly a decade since the New York Times broke the news of Harvey Weinstein’s abuse of women in Hollywood, sparking the #MeToo movement, which called out multiple men in the film and TV industry.  [1:28] Meet Hong Luo, an associate professor of strategic management at the Rotman School of Management, who studies how industry-wide innovation happens. So, in the wake of #MeToo, she turned her attention to Hollywood.  [2:49] Women are underrepresented behind the camera in Hollywood – and while many factors contribute, widespread sexual abuse is among one of the reasons.  [3:36] To determine whether #MeToo had the power to change the film industry, she looked at how film teams associated with Harvey Weinstein changed compared to those not associated with him.  [4:37] Producers with a history of working with Weinstein were more likely to hire female talent behind the camera after the #MeToo movement than those without.  [5:55] Lots of reasons probably drove the change, but Hong hypothesizes that the publicity and associated guilt helped the change along.  [6:54] One key finding; projects that had at least one woman on the creative team were more likely than those without to make it to theatre.  [8:06] After the behind-the-camera shift, Hong wanted to know if more female-fronted stories were told. [8:31] If the team behind the scenes was all male, then yes – they were more likely to produce a movie with a female lead. But if the team had a woman, then no – they were more likely to work on male-fronted stories.  [9:11] This is likely a result of how people felt the need to respond in the face of widespread social pressure.  [9:39] All-male teams tended to develop female characters that conformed to traditional gender stereotypes. [10:53] Ok, so #MeToo changed Hollywood; what does that mean for other industries? Well, to really understand how social movements can spur innovation, let’s look also at the medical device industry.  [12:18] Social movements let industries capitalize on a need for change that would have otherwise been too expensive or unprofitable before.  [14:16] But when the movement wanes, momentum of the change also falters.  [14:38] But for advocates, the long game is probably worth it: “The literature shows that when you actually have more female talent in a particular field, especially if those talent could use that opportunity to gain experience and gain track record…then we may actually sustain more longer run change.”

    From #MeToo to breakthrough: How social movements drive innovation
  4. Jan 13

    Creativity killers: Busting the myths that stop great ideas before they start

    Where do great ideas come from...really? And how can you stifle brilliant thoughts before they have a chance to flourish? Associate professor George Newman joins the Executive Summary to share what the research actually tells us about how to foster —  and kill — a creative buzz, and how to spark more innovation at both work and home in the year ahead.    Show notes [0:00] What comes to mind when you think of the word creativity? That paint-splattered easel? The next great novel? What about a simple innovative pitch to a company? Or a new way of approaching a formula? Creativity comes in many shapes, but ultimately, it’s all about bringing new ideas to the fore.  [0:55] Meet George Newman, an associate professor of organizational behaviour and HR management, and author of the new book How Great Ideas Happen.  [2:10] There are a few big mistakes we make when thinking about creativity – and the first is all about the “genius creator myth.”  [3:16] It turns out, when we think people are “born with” the creative gene, it really influences who is allowed to be creative, which is ultimately limiting to both individuals and organizations.  [4:16] Where do new ideas really come from? George’s research shows it’s not from within, but the world around us.  [5:20] It’s time to think of creativity as a path of discovery, rather than a lightning strike of brilliance.  [6:25] The second big mistake we make is jumping into brainstorming too quickly.  [6:50] We also prioritize the novelty of new ideas over value. [7:50] To brainstorm better, you need to have a concrete plan. And George wants people to approach it like an archaeologist. [8:41] First, survey the landscape. [9:03] Second, create a “grid” or organize your thoughts. [10:00] Third, dig in (aka, start throwing those ideas on a whiteboard!). And make sure you don’t quit before you get to the good stuff.  [11:33] The last big mistake in the quest for new ideas is soliciting feedback at the wrong time. Don’t get feedback while still generating ideas.  [12:41] Also, accept that there’s going to be some negative feedback along the way, and that you’re just going to have some bad ideas along the way too.  [14:28] Also, recognize that you’re your own worst critic. [15:09] In the end, breakthrough ideas don't just manifest out of thin air. You have to sift through the layers of rubble, dust off plenty of false leads, so that every so often, you uncover something remarkable. The key is to keep going. Be sure to check out the Executive Summary back catalogue. We tackle everything from how where you work influences the types of innovation you create to how to give better feedback.

    Creativity killers: Busting the myths that stop great ideas before they start
  5. 12/09/2025

    Hidden biases: Why audits aren’t as objective as you think they are (and what we can do to fix it)

    In theory, auditing should be unbiased and independent. In reality, biases abound. Auditors are human, and companies — even auditing firms— have agendas that shape how they approach audits. These blind spots can have real consequences for investors and the economy. Associate professor Minlei Ye joins Executive Summary to reveal where these hidden biases come from, how they influence decision-making, and why stronger safeguards and a shift in business thinking are essential for fairer results. Show notes [0:00] What happened with Enron and Arthur Andersen  [0:53] Meet Minlei Ye, an associate professor of accounting at the University of Toronto, and she says when audits fail to catch red flags, it can have devastating consequences on individuals and the economy. [2:22] What is the role of an auditor, exactly?  [2:59] What role did auditors play in the Enron and Lehman Brothers scandals? [4:49] How can an organizational focus on compliance lead to misrepresentation? And is fair representation a better option? [6:03] Other systemic biases that shape an audit firms’ accuracy include the need to keep the client happy. [6:42] Auditors’ personal biases – like familiarity bias, confirmation bias and groupthink also shape how accurate an audit will be.  [7:38] Minlei’s research into otherwise positive programs – like rewards for whistleblowing – can have unintentional consequences on how auditors approach a client.  [9:01] And then there are egos – like when bosses pull superstar employees off key client accounts out of fear the superstar will be poached by another firm.  [9:45] Team makeup – whether homogenous or diverse – matters too.  [10:40] Auditing is built on the fundamental principle of independence.  [11:29] To help mitigate some of the aforementioned biases, regulation is needed to protect that independence. But, in the U.S. in particular, those protections are under attack.  [13:00] In the meantime auditing firms need to step up to protect their independence…and so do the companies being audited.  [14:21] “Instead of looking at auditing as something that they have to do, like a compliance thing that you have to hire the auditor, they can think of the auditor as a strategic safeguard for the capital needs, for their reputation and stakeholder trust.” Be sure to check out the Executive Summary back catalogue. We tackle everything from how to build a better board room to what employees can tell leaders about an organization's financial health.

    Hidden biases: Why audits aren’t as objective as you think they are (and what we can do to fix it)
  6. 11/11/2025

    Beyond doctor shortages: Rethinking Canada’s healthcare bottleneck

    Canada faces an acute shortage of doctors and medical equipment. But simply hiring more people or buying more machines won’t fix our healthcare backlog. In this episode of The Executive Summary, professor Opher Baron explains how — from an operations management perspective — we got into this mess, and why smarter planning and better use of data are just as essential as addressing our shortages if we really want to dig out of Canada’s healthcare deficit. Show notes:  [0:00] Canadians are in a healthcare crisis.  [0:12] Meet Opher Baron, a professor of operations management at the Rotman School, and an expert in hospital queues. He doesn’t believe more doctors and medical equipment will get us out of our healthcare crisis.  [1:34] A recognition that our healthcare system – and its problems – is nuanced and complex, and this episode is just 15 minutes.  [2:07] Canada has a supply shortage: too few doctors and too little equipment to meet the population demand.  [2:42] This shortage is felt across all sectors of healthcare, but acutely in family care and emergency care.  [3:12] The provincial governments are taking steps to remediate the problems, but it won’t happen quickly. [4:20] So how did we get here? In short: Poor planning.  [5:31] Hospitals are chaotic, and that makes it difficult to plan.  [7:21] Let’s look at how one issue – continuity of care, coupled with physician incentives – can affect how quickly patients move through an emergency room. Simply, doctors are more likely to take patients at the beginning of their shift than at the end of it.  [9:57] How do you address these types of issues? First, you need to be measuring the right key performance indicators…which we’re not. And you can’t fix a problem, if you can’t identify the problem.  [11:49] Let’s start by recognizing that healthcare professionals aren’t operations management experts.  [12:33] Opher has worked with several hospitals to test new operational efficiencies, including Erie Shores.  [13:58] With the advent of AI, there’s also a lot of opportunity in what Opher calls “digital twin” environments, which will allow hospital administrators to test changes virtually before implementing them in real life.  [15:13] We can’t just throw money at the problem and expect we’ll fix our healthcare system. “I hope that once people understand better what is the important data for them and what they can do with the right data…we can improve the efficiency of our systems, and given the current resources, investing a little bit more kind of in the right places.” Be sure to check out the Executive Summary back catalogue. We tackle everything from whether we can fix our broken online review system to how extreme heat negatively impacts companies' bottom lines.

    Beyond doctor shortages: Rethinking Canada’s healthcare bottleneck

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About

In a world overloaded with opinions, hot takes and half-truths, the Rotman Executive Summary offers something rare: trusted insight. The Rotman Executive Summary cuts through the clutter to bring you research-backed insights from the University of Toronto’s Rotman School of Management — Canada’s leading business school. Each episode features Rotman faculty unpacking timely research and big ideas on the issues organizational leaders care about most: building compassionate and effective workplaces, navigating AI-driven changes, strategizing for chaos and more. These are ideas worth knowing — delivered in brief, engaging conversations you can listen to anytime, anywhere. Whether you’re a curious leader, a lifelong learner or someone who simply wants to understand what’s really driving change in business and society, this podcast delivers credible, research-backed intelligence in under 20 minutes.

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