Haas NewsWire, December 6, 2004
Second Berkeley-Columbia Executive MBA Class to Graduate, Dec. 12
Graduate degrees will be conferred upon 58 Berkeley-Columbia Executive MBA students -- the second class to graduate from this program -- on Sunday, December 12, at 10:00 a.m. in the International House auditorium, with a reception following in the Haas School courtyard.
Howard Lester, chairman of the board of Williams-Sonoma, will deliver the commencement address. Lester purchased Williams-Sonoma, then a cookware shop with only four retail stores, in 1978 and began to transform it into the country's premier culinary and casual entertaining merchandise operation. The company now includes Pottery Barn, Pottery Barn Kids, Pottery Barn Teen, Hold Everything, and West Elm.
Lester chairs the Haas School Advisory Board and was recognized by the school as the Business Leader of the Year in 2003.
Graduation represents the culmination of 19 months of acquiring new general management knowledge and skills for these members of the Berkeley-Columbia Executive MBA Program. The students started their MBA experience with an average of 12 years of work experience and come from companies as diverse as AOL Time Warner, JPMorgan Chase, and PG&E. Approximately 20% come from the healthcare or pharmaceutical industry, followed by 18% from high technology and telecommunications, and 17% from finance and accounting.
Graduates receive MBA degrees from both UC Berkeley and Columbia University. The December candidates are also invited to participate in the graduation ceremonies at both UC Berkeley and Columbia University in May 2005. For more information on the program, visit http://www.berkeley.columbia.edu/.
Exploring One Island’s Ounce of Prevention: Berkeley MBA Candidates Study Healthcare in Cuba
In search of transferable business models and resource allocation strategies, nine Berkeley MBA students traveled to Cuba last summer observing the local healthcare system and discovering a different approach that favors prevention and community benefits over personal freedoms.
The Haas students initiated, organized, and paid for the one-week trip through the organization Global Exchange. Berkeley MBA candidates and students earning dual MBA/Master’s in Public Health (MPH) degrees participated: Kirsten Armstrong, MBA/MPH 04, Lori Chelius, MBA/MPH 04, Mona Gavankar, MBA/MPH 04, Jennifer Haroon, MBA 05, Andre Marinescu, MBA 05, Katherine Peterson, MBA/MPH 05, Tanya Brara Shah, MBA/MPH 04, Joanne Toran, MBA/MPH 04, and Doug Tsao, MBA/MPH 04.
Four of the MBA/MPH students are using the trip as field work for an independent study project and each chose an area of focus for the trip: Toran on Cuba’s neighborhood-based approach to primary care; Chelius on healthcare financing; Armstrong on Cuba’s efforts in biotechnology; and Brara Shah on the country’s response to AIDS. Kristiana Raube, adjunct professor and executive director of the Haas Graduate Program in Health Management, and lecturer Sandra Dratler, director of external relations for the Graduate Program in Health Management, are overseeing the projects.
After meeting with officials from Giron Medical School, the Ministry of Health, and the Biotechnology Institute, as well as physicians, the students found that a number of Cuba’s healthcare outcomes can be linked to the prioritization of community benefit over individual freedoms.
Toran notes that Cuba’s preventative care flourishes thanks to a network of neighborhood-based physicians who see first-hand (and hear second-hand) about the health behavior of their clients and then intervene as they deem necessary. At the same time, the country's response to HIV/AIDS – such as the isolation of HIV-positive individuals and instances of mandatory testing -- has created a global controversy.
This lack of personal privacy even permeates Cuba’s thriving biotech industry, where many of the scientists are required to participate in the first phase of clinical trials for drugs they develop. According to information gathered by Armstrong, Cuba has spent $1 billion on biotech over the last four years. The country is home to 52 scientific research centers and nearly 12,000 scientists and has developed several well-respected vaccines for domestic use as well as for export.
"It’s noteworthy that this small and somewhat isolated country has successfully harnessed science and technology not only to solve some of their own healthcare problems," says Raube, "but to create an entire flourishing industry."
While prevention efforts, such as vaccines, seem strong, Chelius observes that care lags behind. The physicians she spoke with claimed to have every tool they need, but in the eyes of the Berkeley MBA students, there was a "clear lack of resources and access to therapeutics, technologies, or techniques."
In the face of these constrained resources, Cuba has made its priority an ounce of prevention and a pound of biotech cure. As to weighing privacy vs. positive outcomes, Raube says, "It’s worth exploring which of the country’s successes are dependent upon a specific political system and set of values and which ones have the potential to be separated from specific Cuban ideals and replicated more widely."
Florence Dulla, MBA 05, Wins International Consulting Prize
Florence Dulla, MBA 05, has been awarded a Richard Metzler and Roland Berger Scholarship from the Association of Management Consulting Firms (AMCF).
The scholarship is awarded annually to just two MBA candidates from leading US and international MBA programs in recognition of their demonstration of the skills, character, and motivation.
"We are thrilled that the Association of Management Consulting Firms has selected Florence for this prestigious award," says Pete Johnson, director of International Admissions. "She is a great representative of the values that AMCF wishes to recognize, which include academic excellence and demonstrated leadership."
This year’s other recipient is Justin Roffey of Oxford University’s Said Business School. The scholarships are intended to reinforce the mission and vision of AMCF to be the collective voice and promote knowledge exchange and professional standards for the global community of management consulting firms. The award was conferred on December 2 at the AMCF 75th annual awards banquet in New York City.
Haas Alumnus Michael Hanna, MBA 04, Passes Away
Haas School alumnus Michael Hanna, MBA 04, passed away on Sunday, November 28 of an apparent heart attack. Hanna, 31, worked as an investment banker at Wells Fargo Securities. He leaves behind his wife, Sema, and infant son, Lucas.
Hanna earned a BA from the Georgetown University School of Foreign Service and he then worked for several years in finance, investment banking, and mergers and acquisitions at Hambrecht & Quist LLC and Deutsche Banc Alex Brown. Prior to coming to Haas he founded CarBoulevard.com, a Paris-based online retailer of new and used automobiles.
"Mike truly embodied what it meant to be a Haas student," says Matt Gallatin, MBA 04. "He was active in campus organizations and immersed himself in all the Berkeley community had to offer -- you were just as likely to see him at a lecture at one of the engineering schools as you were to see him at Haas."
At Haas Hanna was a very active participant in the Management of Technology (MOT) program, winning three MOT fellowships, including the MOT China Fellowship in 2003. Hanna also worked on the inaugural MOT/United Nations Conference in spring 2004.
"Mike was much more than just an extraordinary student," said Andrew Isaacs, executive director of MOT. "He was an inspirational leader and a three-time fellowship winner, strongly proactive in his support of Haas before and after graduation. All of us who had the privilege of knowing Mike know what a wonderful individual he was, and are deeply saddened by this sudden and tragic loss."
A group of Hanna's friends and colleagues have created a memorial fund to provide resources for the future education and support of Lucas. For those interested in donating to the account, checks should be made payable to Lucas Hanna and sent to:
Scott R. Cutler
Attn: Lucas Hanna Education Fund
SG Cowen & Co.
Four Embarcadero, Suite 1200
San Francisco , CA 94111
Funeral services were held last Saturday at The Church of Jesus Christ of Latter-Day Saints in San Francisco.
Annual Haas "Food Fight" Raises Nearly $6,000 in Cash and Food Donations
Thanks to the generosity of Berkeley MBA students, $5,887 worth of cash and food donations will be supporting the Alameda County Community Food Bank’s efforts this holiday season.
The funds and donations were raised as part of the Haas School’s annual "Food Fight," a competition between the four full-time MBA cohorts.
Taking first place with $2,101 in cash donations and 131 pounds in canned food was the Axe cohort. Blue took second place with $675 in cash and 967 pounds in canned food; Oski took third with $1,505 in cash and more than 32 pounds in canned food; and Gold placed fourth with $493 in cash and 877 pounds of canned food. For its efforts, the Axe cohort will receive $750 from the MBA Association to help fund a 2005-06 Axe party.
According to Kari Martell, communications coordinator for the Alameda County Community Food Bank, the organization supports 120,000 individuals each month, including adults, children, the elderly, people with disabilities, abuse survivors, people living with AIDS, and the homeless. "We rely heavily on community support," she says. "Having groups such as Haas working to collect donations on our behalf allows us to help feed even more low-income families this holiday season."
Chris Walker Joins Annual Fund as Associate Director
Chris Walker joined Haas as associate director of the Annual Fund on November 22. Walker will be working with the development council, alumni, students, and friends of the Haas School to increase giving to the Annual Fund. Most recently he worked at his alma mater, the California Maritime Academy (CMA), from which he holds a BS in Business Administration. He served as director of alumni affairs for three years, managing annual scholarships, and increasing awards by 38% during his tenure. He later took on responsibility for CMA’s Annual Fund and was also instrumental in raising funds for various community projects in Vallejo. When not at work, Walker is restoring his 1900 Dutch Colonial home.
Haas in the News
Henry Chesbrough, the executive director of the Center for Open Innovation, was quoted in Computerworld in an article titled "UNSW Inks Quantum Computing Pact" on December 4. For full text: http://www.computerworld.com.au/index.php/id;1704664193;fp;16;fpid;0
Janet Yellen, the Eugene E. and Catherine M. Trefethen Professor of Business Administration, who is currently on leave to serve as the San Francisco Federal Reserve Bank President, was mentioned in Bloomberg in an article titled "Dollar Drops Against Yen; Tanigaki Says Joint Sales Unlikely" on December 3. For full text: http://quote.bloomberg.com/apps/news?pid=10000006&sid=avFcQCulWPo0&refer=home
Yellen was quoted in the Washington Times in an article titled "Decline in Oil Prices Send Stocks Soaring" on December 2. For full text: http://washingtontimes.com/business/20041201-093740-3674r.htm
Mario Rosati, an adjunct professor of entrepreneurship, was mentioned in the New York Lawyer in an article titled "Partner’s Teaching Gig Nets Clients" on December 2. For full text: http://www.nylawyer.com/news/04/12/120204g.html
Haas alumnus Alex Mandl, MBA 69, was featured in the Financial Times in an article titled "Smartcards Enjoy Attention From All" on December 1.
Jerome Engel, executive director of the Lester Center for Entrepreneurship & Innovation, was interviewed on ABC Channel 7 Evening News on November 30 regarding the economic impact of college athletics and the recent success of the Cal Bears football program. For a transcript, go to http://abclocal.go.com/kgo/business/120104_moneyscope_cal_bowl.html
The appointment of Richard Lyons as acting dean of the Haas School was mentioned in several publications:
Cynthia Kroll, senior regional economist at the Fisher Center for Real Estate and Urban Economics, was quoted in the Christian Science Monitor in an article titled "Realtors Engage in Turf Battle with Discounters" on November 29. For full text: http://www.csmonitor.com/2004/1129/p13s02-wmgn.html
Peter Sealey, adjunct professor, was quoted in the Baltimore Sun on November 28 in an article titled "Review Sought on Plan to Limit Listings on Web." Sealey commented on the Internet and the real estate industry. For full text: http://www.baltimoresun.com/business/realestate/bal-re.online28nov28,1,5743398.story?coll=bal-realestate-headlines-1
Yellen was featured in the San Francisco Chronicle in an article titled "On the Record: Janet Yellen" on November 28. For full text: http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2004/11/28/BUGHRA012H1.DTL
A study co-authored by Haas Ph.D. student Thomas Gilbert was mentioned in the Mercury News in an article titled "Researchers Probe Books’ Popularity" on November 26. The study was published in Physical Review Letters. For full text: http://www.mercurynews.com/mld/mercurynews/news/local/10275523.htm
Bengt Baron, MBA 88, CEO for the V&S Group, producers of Absolut Vodka, was mentioned in the Financial Times in an article titled "Why Absolut is Feeling the Chill" on November 18.
Happening at Haas
UC Berkeley Business Plan Competition Workshop
"Innovation and Entrepreneurship" with Richard Newton, dean of the College of Engineering
Wednesday, December 8
7:00 p.m. to 9:00 p.m.
Wozniak Lounge, Soda Hall
UC Berkeley Business Plan Competition Idea Fair
Thursday, December 9
12:30 p.m. to 2:00 p.m.
Bank of America Forum
Entrants will have an opportunity to exhibit their business plan ideas.
BERKELEY REAL ESTATE SEMINAR
"Optimal Taxation of Real Property" by Saku Aura, University of Missouri
Monday, December 6
4:00 p.m. to 6:00 p.m.
For more information, contact Thomas Randle at email@example.com.
ORGANIZATIONAL BEHAVIOR AND INDUSTRIAL RELATIONS SEMINAR
Trond Petersen, Haas School of Business
Wednesday, December 8
4:00 p.m. to 5:30 p.m.
For more information, contact Deborah Houy at firstname.lastname@example.org.
INSTITUTIONAL ANALYSIS WORKSHOP
"Employment versus Contracting in Procurement: Theory and Evidence from US Cities" by Steve Tadelis, Stanford University
Thursday, December 9
4:00 p.m. to 6:00 p.m.
For more information, contact Anita Stephens at email@example.com.
"Distinguishing Bounded Rationality from Overconfidence in Financial Markets--Theory and Experimental Results" by Shimon Kogan, Haas School of Business
Thursday, December 9
4:10 p.m. to 5:40 p.m.
For more information, contact June Wong at firstname.lastname@example.org
SHANSBY MARKETING SEMINAR
"Location Choice of Supermarkets" by Yesim Orhun, University of California, Berkeley
Friday, December 10
4:00 p.m. to 5:30 p.m.
For more information, contact Laura Gardner at Lgardner@haas.berkeley.edu.
"Expected Returns and the Business Cycle: Heterogeneous Agents and Heterogeneous Goods" by Lars Lochstoer, UC Berkeley
Thursday, December 16
4:10 p.m. to 5:40 p.m.
For more information, contact June Wong at email@example.com.
SOUTH BAY CHAPTER
South Bay Haas Alumni Network Poker Showdown
Tuesday, December 7
Lucie Stern Center, 1305 Middlefield Rd., Palo Alto
Please join us for our first South Bay Haas Alumni Network Poker Showdown fund raiser. The game is No-Limit Texas Hold'em, the Cadillac of Poker. This will be an evening of fun, with great Haas prizes for the top finishers and, of course, food and wine. There will be a brief explanation and an informal strategy presentation, so beginners are welcomed. A minimum $100 donation to the Haas Annual Fund will be the buy-in for the tournament. The champion will receive a high-quality poker chip set valued at over $100, donated by our own South Bay Chapter. So bring your competitive spirit, poker face, and favorite good luck charm.
For more information and to register: http://www.acteva.com/go/hansb
Questions: contact David Hansen at 510-498-8264
BAY AREA ALUMNI
Executive Presence: How to Create Visibility with Your Senior Management with Joel Garfinkle, executive coach
December 8, 2004
6:00 p.m. to 8:30 p.m.
Wells Fargo Room
During this workshop you'll learn how to advance up the corporate ladder quickly and effectively through increased exposure, visibility, and self-promotion. The end result is an extraordinary career in which you fully realize your professional, personal, and financial goals. You'll learn the inside secrets of standing out, campaigning, visibility, promotion, and advocacy. Light snacks will be served. Joel Garfinkle has extensive expertise in executive coaching, performance improvement, and change management and has worked as a consultant for two of the top consulting firms in the world: Ernst & Young in Hong Kong and Accenture in San Francisco.
For more information or to register online visit: www.acteva.com/go/haascareer
SAN FRANCISCO ALUMNI
Holiday Open House and Silent Art Auction to Benefit the Haas Annual Fund
Thursday, December 9, 2004
6:30 p.m. to 10:30 p.m.
Masterworks Art Institute, 251 Post Street, Suite 500, San Francisco
Cost: $22.50 through 12/2, $35 thereafter and at the door. Pre-registration will end at 7:00 p.m. on December 8.
The San Francisco Chapter of the Haas Alumni Network cordially invites you to attend the first annual HAN SF Holiday Open House and silent art auction to benefit the Haas Annual Fund. The open house reception will feature champagne, wine, beer, appetizers, live jazz, great art on the walls, and much lively conversation. Mingle with fellow alums from the Berkeley-Columbia, full-time and evening & weekend MBA, and undergraduate programs. Enjoy fine St. Supery wines, hold forth on your views about modern art, impress your classmates with your culture. You will have the opportunity to bid on each work of art that is on display. 15% of sales from the auction benefit the Haas Annual Fund.
For more information: David J. Gimpelevich, MBA 98, firstname.lastname@example.org.
To register online, go to http://www.acteva.com/booking.cfm?bevaid=75887
BAY AREA ALUMNI
Haas & Wharton Wine Tasting Event
Tuesday, December 14
Draegers, Menlo Park
Cost: $40 for Haas Alumni and members of affiliated alumni clubs; $45 for non-member alumni and guests; $10 additional charge for registrations after 12/07/04 and for day-of-event registrations.
Register online: http://www.acteva.com/booking.cfm?bevaid=78099
The Wharton Club of Northern California and the Haas Alumni Association are proud to present our first co-sponsored wine tasting. Meet and mingle while enjoying an array of hand-selected sparkling wines from around the world. Just for fun, this will be a blind tasting. No preconceptions regarding brands, growing regions, or price points will be allowed to mar your personal judgments. It will be left up to your palate to decide if French champagne is truly superior to other sparkling wines. To provide ample points of comparison, you will try champagne from France, cava from Spain, prosecco from Italy, a local Sonoma/Napa sparkler, and maybe even a sparkling shiraz from Australia.
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