Haas NewsWire


Haas NewsWire, April 18, 2005



Haas School Team Wins 2005 Global Social Venture Competition


Global Social Venture Competition

World of Good, a business founded by two Berkeley MBAs, beat out eight other teams to take first place last Friday at the 2005 Global Social Venture Competition finals held at the UC Berkeley Art Museum.


"This year, the Global Social Venture Competition really came into its own with strong plans from Europe and Asia that rivaled the US entries," says Jerome Engel, executive director of the Lester Center for Entrepreneurship and Innovation, which hosts the competition. "Of course we are proud World of Good, our home team that brought home the gold. They are a great entrepreneurial team."


The winning teams share $60,000 in travel and cash prizes that will help them launch businesses committed to creating significant positive social impact. The 2005 winners and the business schools they represent are:


First Place -- World of Good (UC Berkeley, Haas School of Business), a business founded by Berkeley MBAs Priya Haji and Siddharth Sanghvi, both MBA 03, distributes a line of globally sourced fair trade gifts and accessories under fair trade guidelines that generate employment for women and disadvantaged communities, promise a living wage, and promote social and economic development. The team also included first-year MBA students David Guendelman and Jonathan Klein.


Second Place -- Connect US LLC (Columbia University, Columbia Business School) uses wireless messaging to remind patients to take medication as prescribed to help minimize the social and financial burden placed on the US healthcare system when patients fail to follow doctors' orders.


Third Place -- Fuelture ( University of Pennsylvania, Wharton School, and London School of Business) will support converting high-mileage urban vehicles (especially taxis and small delivery vans), to automotive propane or liquefied petroleum gas (LPG) instead of gasoline, which would reduce running costs and improve urban air quality. Fuelture would simplify the conversion process and create a chain of filling stations.


Honorable mentions went to Fuerza Research ( Northwestern University, Kellogg School of Management) and MicroCredit Enterprises (UC Berkeley, Haas School of Business and UC Davis, Graduate School of Management).


A special Social Impact Prize was awarded to Human Service Fellowship ((Northwestern, Kellogg School of Management) for its plan to facilitate the hiring of skilled health workers by HIV/AIDS organizations in Sub-Saharan Africa. The honorable mention for this prize went to World of Good.


The competition, founded by five Berkeley MBA students in 1999, has grown into a global partnership between UC Berkeley’s Haas School of Business, Columbia Business School in New York, and London Business School, as well as long-time sponsor The Goldman Sachs Foundation and Omidyar Networks which also supports the competition.


For more information, visit http://www.socialvc.net.



Joining the Revolution: Digital Media and Entertainment Club Takes on Everything Digital


Last fall, an enterprising group of Berkeley MBAs came together to create the Digital Media and Entertainment Club (DMEC) to provide a forum for discussing all things digital and create opportunities to meet industry leaders.


Six months later, the club is one of the most popular on the Haas campus, boasting almost 100 student and alumni taking part in club activities, hailing not just from Haas, but from Boalt Hall, the College of Engineering, and the School of Information Management and Systems. The club's web site (now the first search result on Google for "digital media and entertainment club") hosts a very active blog on current topics in digital media as well as notes on all its upcoming events and industry trips. Check out the site at http://dmec.haas.berkeley.edu.


“Digital media is defining the future of how individuals interact not just with content but also with each other," says club member Christian Oestlien, MBA 06. "The increased personalization of how we use media in all its forms, and the ability to share that experience with millions of people instantly, is reshaping the entire media and entertainment industry in ways few people thought possible only ten years ago.”


Oestlien explains that digital media is the use of technology to empower the individual as both a content creator and a consumer. With such a broad definition of its area of interest, the club considers everything from software (music, film, web production) to platforms (wireless, Internet, satellite) to devices (phones, game consoles, set top boxes) fair game for club activities and discussions.


"People are passionate about digital media and entertainment," says club member Jack Kloster, MBA 06. "We have experienced viral growth since we started out. All of our members contribute ideas and use their networks to get us in to meet with top firms."


In addition to visiting firms in the Bay Area from Apple to Real Networks, club members have organized trips to visit firms in New York and Las Vegas as well as multiple trips to Los Angeles. In LA, they visited Sony, Disney, and EA and held a student/alumni mixer event that included recruiters from Warner Brothers.


"Part of the great momentum for the club is the trips," says Oestlien. "As a group we are creating all these amazing opportunities to meet with leaders throughout the industry."


The club itself has no hierarchy -- there are no club officers. Instead individual members take the lead on organizing events and trips in their areas of interest and share these plans with the rest of the club. The same goes for company projects -- they are posted to the club site.


So far, members have tackled projects for LucasArts to create a business plan for a game title; LucasFilm to make website recommendations; Ubisoft on the game market; and Virgin Mobile on next generation music applications.


To join DMEC, visit http://dmec.haas.berkeley.edu.



Revitalize Leadership Skills and Reconnect at Haas Alumni Reunion Weekend, May 14-16


All Haas alumni, faculty, staff, and students are invited to enjoy three days of networking, skill sharpening, and camaraderie at the Haas Alumni Reunion Weekend on May 14-16.


This year’s theme is “Leveraging Your Leadership Capabilities,” offering top-level speakers for a wide range of interests. Saturday's speakers include:


+ Richard “Sandy” Alderson, executive vice president of baseball operations for Major League Baseball, and Anne “Sandy” Barbour, director of athletics at UC Berkeley, will discuss how to make tough decisions a win-win in “Bases Loaded, Bottom of the Ninth, and All Eyes Are on You: Insights into Leading Sports Programs Today.”


+ Tom Campbell, director of finance for the state of California and Bank of America Dean for the Haas School of Business (on leave), will address “The State Budget: How to Balance It and Keep It Balanced (when you can’t print money like the federal government can”).


+ Jenny Chatman, the Paul J. Cortese Distinguished Professor of Management, will conduct a workshop on “Leading Change/Leveraging Culture."


+ Patricia C. Dunn, vice chairman and managing director with Barclays Global Investors and Hewlett Packard's non-executive chairman (named in the wake of Carly Fiorina’s departure), will discuss the superior management skills and precision communications needed for “Corporate Leadership: A Personal Approach.”


+ Robert M. Pearl, M.D., executive director and CEO of the Permanente Medical Group, will draw upon the experience of being responsible for the health care of over three million Kaiser Permanente members to discuss “The Leader’s Role in Making Difficult Decisions.”


Alumni reunion activities continue Saturday evening with class dinners at Pyramid Brewery for alumni graduating in 2000, 1995, 1990, 1985, 1980, 1975, 1970, and 1965. Sunday celebrations move from the chatter of chimpanzees at an Oakland Zoo family day to the cello music of Adalbert Skocic, formerly with the Vienna Philharmonic Orchestra and Vienna State Opera, performing in an evening concert at UC Berkeley's International House. Monday, May 16, marks the third annual Haaski Open Golf Tournament, a fundraiser benefiting the Haas School and taking place at the Claremont Country Club.


For more information on the Haas Alumni Reunion Weekend, visit http://www.haas.berkeley.edu/alumni/reunion/index.html.



Haas Undergraduate Team Lands in the Top Four in International Case Competition


A team of Haas undergraduates made it to the final four in the seventh annual Global Business Challenge at the University of Washington Business School held this past week in Seattle.


Christopher Chow, BS 06, Suken Vakil, BS 06, Jimmy Wang, BS 07, and Anthony Woo, BS 06, represented Haas at the event. The other finalists teams were from Shanghai Jiao Tong University and University of Maastricht. The winning team was the University of Auckland.


"This team had a very strong performance in what turned out to be a very difficult competition," says Dan Himelstein, executive director of the Undergraduate Program. "Haas students are increasingly building an international reputation for their strengths in case analysis and presentation."


For more information on the competition, visit http://bschool.washington.edu/gbc/.



The Haas School Co-hosts San Francisco Conference for Business Educators, April 21-23


The Haas School of Business will co-host and Dean Tom Campbell will be featured as a key speaker at the International Conference of t he Association to Advance Collegiate Schools of Business (AACSB), taking place April 21-23 in San Francisco.


Targeted to business school deans, associate deans, and senior faculty, the conference promotes an exchange of ideas among business school leaders on key issues in management education. Dean Campbell, on leave from the Haas School to serve as director of the Department of Finance for the State of California, will speak on “Lessons from Politics and Government for Being a Dean—and Vice Versa.” Campbell will be introduced by Haas School acting dean Rich Lyons.


This year’s conference, titled “The Next Horizon: Mobilizing Thought Leadership,” focuses on ethics, globalization, and corporate governance and features keynote speakers Edward Rust, chairman and CEO of State Farm Insurance Companies, and Thomas Schoewe, executive vice president and chief financial officer of Wal-Mart Stores, Inc. Haas co-hosts the conference with the College of Business at San Jose State University and the School of Business and Management at the University of San Francisco. AACSB is an accrediting organization founded in 1916. For more information, go to http://www.aacsb.edu.



Haas Staff Recognized for Their Outstanding Work


Three Haas School staff members received Outstanding Staff Awards last week at the annual staff appreciation luncheon.


Phil Mahoney, assistant director of student services, Haas Computing Services; Peggy Murray, applications developer, Haas Computing Services; and Carol Chapman, faculty assistant, were honored for their excellence and hard work over the past year.


This is the fourth year that the school has given these awards. More than 35 nominations were submitted for consideration this year. The selection criteria include: performing at a level above and beyond normal job requirements; significantly improving customer service or a work process; taking initiative to reduce organizational barriers; and working to foster collaboration, communication, and cooperation among colleagues.



David Aaker to Address Brand Portfolio Strategy and Profitability, April 26


Listed as one of “five ways to get into minds of marketers,” by The New York Times, branding guru David Aaker’s latest book, Brand Portfolio Strategy, provides the theme and the title for a lecture to be given Tuesday, April 26, at 4:00 p.m. in the Wells Fargo Room.


Seats will be available on a first-come, first-served basis for the perennially popular Aaker, who is an internationally recognized authority on brand equity and brand strategy with several classics in the field, including Managing Brand Equity , Developing Business Strategies, and Building Strong Brands. Aaker was the 2004 MIT Sloan Buck Weaver Marketing Award winner for contributions to the advancement of theory and practice in marketing science.


The E.T. Grether Professor of Marketing and Public Policy Emeritus at the Haas School, Aaker now serves as vice chairman of Prophet Brand Strategies, a San Francisco consulting firm founded on the basis of Aaker's brand principles by two of his former students, Scott Galloway and Ian Chaplin, both from the MBA class of 1992.


This lecture is part of the David Aaker Distinguished Lecture Series in Marketing. For more information, contact Sarah Benson at benson@haas.berkeley.edu.



Venture Capitalists and Competitors Convene for UC Berkeley Business Plan Competition Finals, April 28


Four teams that showcase technology originating at UC Berkeley will be among the seven finalists competing for more than $50,000 in prizes at the seventh annual UC Berkeley Business Plan Competition, presented as a special Berkeley Entrepreneur’s Forum on April 28, at 6:00 p.m. in the Arthur Andersen Auditorium.


This year's prizes include $25,000 for first place, $10,000 for second, and $5,000 for third. Audience members will select a $5,000 award-winner for the People's Choice Award and a $7,500 technology prize will also be awarded.


The finalists are Harmonic Devices, Helios, Mujisan Pharmaceuticals, Plunar Opensource, Prismvideo Inc., T elegraph Systems, and World of Good.


“This year’s competition comes at an exciting time for young entrepreneurs,” says Jerry Engel, adjunct professor and executive director of the Lester Center for Entrepreneurship and Innovation. “The local and global entrepreneurial economies have emerged from their slumps, which means deal flow is up and funding is up. Opportunities are being sought and embraced by venture capitalists and entrepreneurs—and our business plan competition has become a recognized source of fine opportunities.”


The competition is organized by Berkeley MBA students at the Haas School in partnership with the UC Berkeley’s College of Engineering and UC San Francisco and hosted by the Haas School’s Lester Center for Entrepreneurship and Innovation. For more information go to http://bplan.berkeley.edu.



Discover the Impact and Opportunities of Thinking Small at the Berkeley Nanotechnology Forum, April 30


Leading scientists, entrepreneurs, and academics will explore the role of nanotechnology in revolutionizing the future at "Nano: Impacting Societies and Economies," the second Berkeley Nanotechnology Forum, being held Saturday, April 30, from 8:30 a.m. to 4:30 p.m. at the Haas School's Arthur Andersen Auditorium.


Nobel Prize-winning physicist Steven Chu, director of the Lawrence Berkeley National Laboratory, will deliver the forum’s keynote address. The event also features morning and afternoon panel sessions addressing the impact of and market drivers for nanobusiness, with such speakers as Ken David, director of Components Research for Intel and Stephen Schneider, president and CEO of Envirosystems.


Registration is filling up quickly for this free forum, according to Berkeley MBA first-year student Narasimhan Raghavan, event organizer and co-president of the Berkeley Nanotechnology Club, which is hosting the forum. For more information and to register, visit http://nanoclub.berkeley.edu .



Haas in the News


Kelly McElhaney, adjunct assistant professor and executive director of the Center for Responsible Business, was quoted in the Oregonian in an article titled “Nike Rivals Hesitant to Reveal Suppliers” on April 14. McElhaney commented on the disclosure of contract factories by Nike. For full text: http://www.oregonlive.com/business/oregonian/index.ssf?/base/business/1113473037308701.xml


Ernesto Dal Bo, assistant professor in the Business and Public Policy Group, was quoted in the Contra Costa Times in an article titled “Pension Funds Threaten to Sue AIG” on April 13. Dal Bo commented on AIG and CalPERS. For full text: http://www.contracostatimes.com/mld/cctimes/11381647.htm.


David Vogel, the Solomon P. Lee Distinguished Professor in Business Ethics, was quoted in the Wall Street Journal in an article titled “Just Do It: Nike Gets Revelatory” on April 13. Vogel commented on the steps Nike is taking to reveal its contract factories.


Philip Tetlock, professor of leadership and chair of the Organizational Behavior and Industrial Relations Group, appeared on the CNN show "Anderson Cooper 360" on April 12 to discuss the validity of the Implicit Association Test and its usefulness in diagnosing prejudice in first impressions. The transcript is available here: http://transcripts.cnn.com/TRANSCRIPTS/0504/12/acd.01.html.


David Aaker, the E.T. Grether Professor Emeritus of Marketing and Public Policy, was quoted in Advertising Age in an article titled “The Buck Stops Here” on April 11. Aaker commented on fast food chains and the value meals they offer.


Haas School of Business was featured in the East Bay Business Times in an article titled “Haas Opens NJ Office to Place Graduates” on March 25. Nicole Gehrmann, a Haas account manager and assistant director of recruitment in financial services for the Haas MBA Career Center, was mentioned in the article for her efforts in establishing relationships with recruiters in the financial sector of Wall Street firms. For full text: http://eastbay.bizjournals.com/eastbay/stories/2005/03/28/focus2.html?page=1.



Happening at Haas


ANNUAL CLAUSEN CENTER DEBATE
The Lion and the Rose Redux - "The Incredible Shrinking Dollar"
Tuesday, April 19
4:00 p.m.
Wells Fargo Room
Admission is free, reception to follow in Bank of America Forum
Haas Professor Andy Rose and Dean Richard Lyons are setting up for a re-match on the timely topic, "The US Dollar: Will the bottom fall out?" at the annual Clausen Center debate.


UNIDO/MOT SECOND ANNUAL CONFERENCE
Bridging the Divide
April 21, 22, and 23
UC Berkeley, College of Engineering
The conference brings together scholars, practitioners and government and corporate policymakers into a single forum focused on the role of technology in the world's developing economies.
For more information, visit http://mot.berkeley.edu.


14TH ANNUAL YOUTH VENTURE CAPITAL COMPETITION
Saturday, April 23
8:30 a.m. to 12:30 p.m.
Arthur Andersen Auditorium
The Youth Venture Capital Competition completes the ninth grade series of the Saturday Business Academy. Ninth grade students and their Berkeley MBA business coaches will pitch their business ideas to a mock board of venture capitalists.
For more information, contact the YEAH office at 510-643-0923 or visit
http://www.haas.berkeley.edu/yeah.


DAVID AAKER DISTINGUISHED LECTURE SERIES IN MARKETING
"Brand Portfolio Strategy" by David Aaker, Marketing Professor Emeritus
Tuesday, April 26
4:00 p.m.
Wells Fargo Room
Seats will be available on first-come, first-served basis. No reservations required.
For more information, contact Sarah Benson at benson@haas.berkeley.edu.


MANAGEMENT OF TECHNOLOGY LECTURE
Michael Marks, CEO, Flextronics
Wednesday, April 27
4:00 p.m. to 6:00 p.m.
Wells Fargo Room
For more information, contact Susan Reneau at sreneau@haas.berkeley.edu.


COMMONWEALTH CLUB OF CALIFORNIA
Professor Jennifer Chatman in conversation with Jack Welch, author of Winning and former CEO & chairman, GE
Wednesday, April 27
5:30 p.m. to 7:30 p.m.
Parc 55 Hotel, 55 Cyril Magnin Street, San Francisco
For more information, visit http://www.commonwealthclub.org/sf.html#welch.


UC BERKELEY BUSINESS PLAN COMPETITION AWARD CEREMONY
Thursday, April 28
Arthur Andersen Auditorium
For more information, visit http://www.bplan.berkeley.edu.


BERKELEY NANOTECHNOLOGY FORUM
“Nanotechnology: Impacting Societies and Economies” with Steven Chu, LBNL Director and Physics Nobel Laureate as the keynote speaker
Saturday, April 30
Arthur Andersen Auditorium
The Berkeley Nanotechnology Forum features leading scientists, entrepreneurs, and academics, presenting how nanotechnology is poised to revolutionize our near future by impacting the “triple bottom line” of business, society, and the environment.
For more information, visit http://www.ocf.berkeley.edu/~nano/events.php?view=1.


Seminars


OBIR COLLOQUIUM
Neal Roese, University of Illinois
Wednesday, April 20
4:00 p.m. to 5:30 p.m.
C330
For more information, contact Deborah Houy at houy@haas.berkeley.edu.


INSTITUTIONAL ANALYSIS WORKSHOP
“Agents of Embeddedness,” by Pierre Azoulay, Columbia University
Thursday, April 21
4:00 p.m. to 6:00 p.m.
C325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.


FINANCE SEMINAR
“Market Discipline and Internal Governance in the Mutual Fund Industry,” by Josef Zechner, University of Vienna
Thursday, April 21
4:10 p.m. to 5:40 p.m.
C135
For more information, contact June Wong at june@haas.berkeley.edu.


SHANSBY MARKETING SEMINAR
"The Neglect of Prescreening Information in Two-Stage Decision Tasks" by Chris Janiszewski, University of Florida
Friday, April 22
4:00 p.m. to 5:30 p.m.
C250
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.


OBIR COLLOQUIUM
Peter Madsen and Margaret Ormiston, Haas School of Business Ph.D. candidates
Wednesday, April 27
4:00 p.m. to 5:30 p.m.
C330
For more information, contact Deborah Houy at houy@haas.berkeley.edu.


INSTITUTIONAL ANALYSIS WORKSHOP
“Culture Rules: The Foundations of the Rule of Law and Other Norms of Governance,” by Amir Licth, University of California, Berkeley
Thursday, April 28
4:00 p.m. to 6:00 p.m.
C325
For more information, contact Anita Stephens at stephens@haas.berkeley.edu.


FINANCE SEMINAR
Robert McDonald, Northwestern University
Thursday, April 28
4:10 p.m. to 5:40 p.m.
C135
For more information, contact June Wong at june@haas.berkeley.edu.


SHANSBY MARKETING SEMINAR
Chak Narasimhan , Washington University
Friday, April 29
4:00 p.m. to 5:30 p.m.
C250
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.


Alumni Events


TOKYO CHAPTER
Seminar on Japanese Diplomacy Regarding the United States and China (presented in Japanese)
Seminar by Dr. Gregory Noble, professor at the University of Tokyo
Tuesday, April 19, 2005
6:30 p.m. to 9:00 p.m.
Gakushi Kaikan Room 202, Tokyo, Japan
Sponsored by Tokyo Haas Alumni Network.
For more information, contact ucjapan@gol.com.


BOSTON ALUMNI
3rd Annual Russian Financial Markets Conference
Tuesday, April 26
8:00 a.m. to 2:00 p.m.
State Room Boston, 60 State Street, 33rd floor, Boston
Learn more about opportunities in direct and portfolio investing in Russia.
For more information, visit http://www.usrccne.org/events.phtml?n=68.


LONDON ALUMNI
Reception with University of California President Robert C. Dynes
Tuesday, April 26
6:30 p.m. to 9:00 p.m.
Lanesborough Hotel, Hyde Park Corner, London SW1X 7TA
For more information, contact Matthew Daines at 020-7495-2774.


SAN FRANCISCO ALUMNI
Professor Jennifer Chatman in conversation with Jack Welch, author of Winning and former CEO & chairman, GE
Wednesday, April 27
5:30 p.m. to 7:30 p.m.
Parc 55 Hotel, 55 Cyril Magnin Street, San Francisco
For more information, visit http://www.commonwealthclub.org/sf.html#welch.


PARIS ALUMNI
Reception with University of California President Robert C. Dynes
Wednesday, April 27
7:00 p.m. to 8:30 p.m.
American Ambassador’s Residence, Paris
For more information, contact Matthew Daines at 020-7495-2774


MASSACHUSETTS ALUMNI
Sloan Women’s Leadership Evening – “Stay at the Top”
Friday, April 29
7:00 p.m. to 9:30 p.m.
Faculty Club at the Massachusetts Institute of Technology
For more information, visit http://www.acteva.com/booking.cfm?bevaid=84758.


EAST BAY ALUMNI
Community Volunteering: Oakland’s “Rebuilding Weekend 2005”
Saturday, April 30
8:00 a.m. to 5:00 p.m.
Location TBA
Join Rebuilding Together, Oakland’s neighbor-helping-neighbor team, as we work to transform 20+ homes and four community facilities this April. Everyone 14 and over is welcome.
For more information, contact Rachel Fleet at rfleet@syllc.com.


ALL ALUMNI
“10 Sales Principles that Build Market Capitalization and Create Personal Wealth” Online Seminar
Tuesday, May 3
10:00 a.m. to 11:00 a.m.
Sponsored by the Wharton Alumni Association of New York and the Columbia Business School Alumni Association of the Bay Area. Online address available when you register.
For more information, visit http://www.whartonny.com/article.html?aid=267.


NEW YORK ALUMNI
“Global Issues in Competition Policy” by Dan Rubinfeld, Boalt Hall School of Law
Wednesday, May 4
6:00 p.m. to 8:00 p.m.
Cornell Club, 6 East 44th Street, New York
For more information, visit http://www.law.berkeley.edu/alumni/events/register/guest/.



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