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About 250 University of Windsor students soaked up wisdom and guidance from Canadian business mogul Michael H. McCain on Wednesday during a guest lecture.
McCain, the billionaire executive chairman of the board for Maple Leaf Foods, led a discussion called Shared Value Creation and Renewing Commitment to Our Fiduciary Duty.
“As business leaders we have a moral and legal responsibility for shared value creation,” said McCain, speaking at the Odette School of Business.
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Shared value creation is the practise of operating a business so that it benefits the company as well as the community.
“This topic is incredibly important to me. At Maple Leaf we have been clear that achieving our vision to be the most sustainable protein company on Earth would be fuelled by creating shared value.
“It underpins our core business strategies, investments, and innovation.”
The university hosted the event in partnership with the C.D. Howe Institute think-tank. The guest lecture from McCain, listed among the top 100 most powerful people in Canada by Canadian Business magazine, kicked off the university’s first annual C.D. Howe Institute Lecture.
Following the lecture, Mucci Farms’ CEO Bert Mucci was scheduled to give McCain and C.D. Howe leaders a tour of Boem Berry Farm in Kingsville.
The school also hosted a dinner with McCain, local greenhouse leaders, University of Windsor alumni, and community stakeholders. The dinner included a roundtable discussion about the future of food, touching on “shared values in industry and government, and the challenge of economic short-termism.”
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Dwight Duncan, Odette’s business executive-in-residence, said the partnership with the C.D. Howe Institute created the opportunity to attract a speaker of McCain’s calibre.
“As a champion of both the Odette School of Business and the C.D. Howe Institute, I’m proud to bring this lecture with the most up-to-date and cutting-edge thinking to our students, faculty, and community,” said Duncan, who also serves as a fellow within the C.D. Howe Institute.
“Michael is consistently on the forefront of these conversations that further the business education our students receive.”
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