Clockwise from top left: Severin Borenstein; David I. Levine; James Wilcox; Janet Yellen; Robert Seamans, PhD 09; Jay Stowsky; Laura Tyson; Jonathan Leonard; Michael Katz; and Carl Shapiro.
Berkeley-Haas economists, quite simply, rule the financial world. As Federal Reserve chair, Professor Emeritus Janet Yellen’s decisions affect markets worldwide. But many from the Haas community lend their expertise to the federal government. The most recent appointment is Robert Seamans, PhD 09, who’s serving as a senior economist on the President’s Council of Economic Advisers. This Council has had many from Haas among its ranks, including Senior Asst. Dean for Instruction Jay Stowsky and Professors Jonathan Leonard, David I. Levine, Carl Shapiro, James Wilcox, and Laura Tyson, who was also chair of the National Economic Council under President Clinton. Haas economists have also served at the Dept. of Transportation (Severin Borenstein) and the Dept. of Justice (Michael Katz), among many other roles.
Some nonprofits don’t have the resources to measure the effectiveness of their programs. A new class aims to change that, thanks to a multi-year partnership between biotech firm Amgen and Berkeley-Haas’ Center for Social Sector Leadership (previously known as the Center for Nonprofit and Public Leadership).
Berkeley MBA students taking the Social Impact Metrics course are helping four cancer patient advocacy groups measure the outcomes of specific initiatives—such as a support helpline and website features—and will recommend solutions.
Ultimately students aim to create best practices for many nonprofits to measure the impact of their efforts.
Silicon Valley likes Berkeley-Haas. Among business schools, Haas has the most alumni working at Facebook—68 according to a new list by Business Insider. Compare that to Stanford’s 61 alumni. Overall, UC Berkeley is second only to Stanford in the number of total alumni at Facebook, with 429 versus 487.
Prof. Patricia Dechow
Prof. Patricia Dechow’s research has made quite a mark. Her 2002 paper “The Quality of Accruals and Earnings: The Role of Accrual Estimation Errors,” has received more than 2,500 citations, according to Google Scholar. This work also earned her the prestigious 2015 Distinguished Contribution to Accounting Literature Award from the American Accounting Association, along with her co-author, Emory University Prof. Ilia D. Dichev. The award recognizes accounting research that has significantly impacted the discipline for at least five years.
Wondering where to connect with seasoned founders for frank discussions? Looking for talent? Have questions about research and technology transfer? Access Haas and Berkeley resources for entrepreneurs or those thinking of launching a startup on our new page: haas.berkeley.edu/alumni/entrepreneurship.
Once again, California Management Review beat competitor journals Harvard Business Review and MIT Sloan Management Review in the number of times its articles are cited in academic publications. The school’s interdisciplinary journal, Industrial and Corporate Change (ICC), also scored high. ICC focuses on technological change and organizational processes and structures.
Incoming students bond over tug-of-war at the orientation week Cohort Olympics.
Berkeley-Haas’ gender equity efforts continue to pay off. Women now make up 43 percent in the Full-time Berkeley MBA Program overall—which may be the highest percentage among the top-ranked business schools. Not bad for a student body that was less than one-third female just two years ago. In August, Haas’ Senior Assistant Dean and Chief Strategy & Operating Officer Jo Mackness, MBA 04, shared Haas’ efforts at a meeting of 47 B-schools at the White House. There, the schools committed to best practices to close the gender gap and cultivate leaders who can manage diverse workplaces.
How can Fair Trade USA, the leading third-party certifier of fair trade products in North America, grow despite increasing competition from other certification organizations like Rainforest Alliance and Utz? How can the Fair Trade USA label be more prevalent amid general market confusion over consumer packaging labels? These are some of the questions explored in a new case study by Professor Laura Tyson and Berkeley-Haas Social Impact Fellow Jennifer Walske. They focus on the challenges and growth strategies that Founder, President, and CEO Paul Rice, MBA 96, and his team are debating. The case is available from the Berkeley-Haas Case Series: cases.haas.berkeley.edu.
Professor David J. Teece
In a Scottish ceremony featuring bagpipes and a dramatic introduction by an orator, Professor David J. Teece received an honorary doctorate from the University of Calgary’s Haskayne School of Business in Alberta, Canada, in June. He was recognized for his work as “a great management thinker and a role model for research and leadership.” Teece, who is also director of the recently launched Tusher Center for the Management of Intellectual Capital at Haas, researches the theory of the firm, strategic management, the economics of technological change, and more. He has been named one of the 10 most cited scholars worldwide in economics and business.