**Reminder: Dilbert cartoonist Scott Adams will be speaking at the Haas School on Thursday, March 6 at 5:30 p.m. in the Arthur Andersen Auditorium.**
Berkeley MBA students will join their counterparts from Rice University's Jones School and Indiana University's Kelley School for a joint entrepreneurship conference on March 7-8 on the Berkeley campus.
The fourth annual Velocity Conference is organized by Indiana's Kelley School of Business to refine and accelerate the students' entrepreneurial careers and aspirations. Each year, the conference is hosted at a different business school. This year, the Lester Center for Entrepreneurship & Innovation at the Haas School will be the host.
Fifty students from the three schools will have the opportunity to meet chief executives from high-potential businesses, venture capitalists funding them, and other individuals instrumental in launching these endeavors. Twenty Berkeley MBA students will be participating.
"The Velocity Conference is an opportunity to meet with colleagues from around the country and hear from accomplished entrepreneurs and venture capitalists," said Jerry Engel, executive director of the Lester Center.
Several of the speakers were Berkeley MBA students just a few short years ago. Nick Sturiale, MBA 00, now a partner at Sevin Rosen Funds, was a student at Haas when he co-founded Timbre Technologies. The venture won first prize at the inaugural 1999 UC Berkeley Business Plan Competition and eventually sold for $138 million.
Scott Kucirek, MBA 99, co-founded zipRealty with Juan Mini, MBA 99, before they graduated. zipRealty also competed in the 1999 competition and, with the help of $48 million in funding to date, has expanded its operations across the nation.
Jack Gill, a graduate of the Kelley School, is the founder and general partner of Vanguard Venture Partners. He will host a series of fireside chats with the entrepreneurs and will give an update on global high-technology entrepreneurship.
Additional speakers include Greg Ayers, CEO of Cryocor Inc.; Joe Walsmith, CEO of Willitts Designs, Inc.; Barbara Tallent, CEO of Boldfish; Vani Kola, CEO of nthOrbit; and Ferolyn Powell, CEO of Evalve, Inc.
A venture capital panel will feature Jane Martin, regional managing director of capital investments for Village Ventures, Inc.; Nick Sturiale; and Danny Yu, partner, Vantage Point Venture Partners.
For more information about the Velocity Conference, go to www.bus.indiana.edu/jcei/velocity or call Kathryn Thorpe at the Lester Center at 510-642-4255.
Professors Robert Cole and Nils Hakansson, who retired from their professorships in January, were thanked last Wednesday by fellow Haas School faculty, staff, and friends for their service to the school at a "Swedish-Japanese" lunch celebration.
Dean Tom Campbell was among those well-wishers recognizing Cole and Hakansson. "Not having been here to experience working with Bob and Nils, I am nevertheless able to see the impact they have had on this institution," said Campbell. "Indeed, perhaps I see that impact more clearly for that reason. I want to thank them on behalf of the school for their stellar contributions as teachers, researchers, and much valued colleagues to this extraordinary faculty and this wonderful institution. We are known around the world for the reputation to which Nils and Bob have so forcefully contributed."
A professor of business administration and of sociology since 1990, Bob Cole laid down two hats when he retired on January 1, 2003.
Over the course of three decades, Cole examined firsthand the differences between Swedish, Japanese, and US work cultures, business management, and most recently IT practices, first at the University of Michigan, then at Berkeley. He became a leading expert on Japanese work practices and later on quality management, this research culminating in the book Managing Quality Fads, published in 1999. Most recently he has worked on product development practices associated with the open source project, Linux.
Cole served as faculty director of the Management of Technology (MOT) program, a joint program with the Haas School, the College of Engineering, and the School of Information Management & Systems, building up what has come to be the largest graduate interdisciplinary program at UC Berkeley. He will continue as MOT's faculty director and will advise universities in Japan and elsewhere on establishing similar programs.
A native Swede, Nils Hakansson retired after serving as a finance professor at the business school for more than 33 years. He came to Berkeley in 1969 and, together with David Pyle, is credited with building one of the nation's top finance faculties.
Hakansson is known in the worldwide finance community for his concept of the Superfund index. A radical innovation in security markets, the Superfund would mimic index funds and serve as a financial intermediary similar to an ordinary mutual fund.
At Haas, Hakansson chaired the search committee that identified Earl F. Cheit as the dean to succeed former dean Richard Holton and later as chairman of the planning committee for the new Haas School building.
Hakansson plans to continue his research projects and write the books he never had time to write during his academic years.
Learning new skills and building connections with other student leaders is the focus of the third Annual Cal Leadership Symposium, "Protest Ineffective Leadership," taking place at the Haas School on Sunday, March 9.
The symposium will be held from 9:00 a.m. to 3:30 p.m. on Sunday, March 9. Registration will begin at 9:00 a.m. The event is free and open to all students, but requires pre-registration before March 5 at
http://students.berkeley.edu/leadership/symposium.html. Free t-shirts and lunch are provided to all students who attend.
Geared towards undergraduate and graduate student leaders, the symposium provides a forum for students from across campus to connect with one another, discuss effective leadership styles, and foster leadership development.
This free, one-day event consists of educational workshops conducted by presenters from diverse campus organizations, including the Army ROTC, Cal Corps, and the Lesbian, Gay, Bisexual, Transgendered Services Office as well as a networking luncheon with other participants, alumni, and campus dignitaries.
Workshops at the symposium include:
Ling-Chi Wang, professor of ethnic studies and political activist, will give the keynote address.
The California Alumni Association, Army ROTC, ASUC Intellectual Community Fund, Cal Corps Public Service Center, Haas School of Business Undergraduate Program, Office of Student Life, United Leaders, University Religious Council, and the Vice Chancellor for Undergraduate Affairs are sponsoring this event.
A team of three Haas undergraduate students and one Berkeley economics major won the Western Region Finals of the 2002 Merrill Lynch Case Study Competition in December 2002, beating out teams from UCLA and Stanford.
Allen Chang, Henluen Wang, David Mew, and economics student Christine Liu represented Haas and brought home the $5,000 prize. The competition exposes undergraduates to the complicated workings of a case involving debt markets, equity markets, and investment banking.
In the first round, more than 100 teams competed at the local level against other teams at their universities on a financial analysis case of a telecommunications company. A panel of Merrill Lynch judges reviewed the submissions and selected the teams to compete in the final round. The Haas team chose Verizon Communications for their study and provided a comprehensive view of its short- and long-range outlook.
In the regional finals, each team received a case study on Iridium and was given four hours to prepare a structured analysis and company valuation. The Haas team pinpointed marketing and financial execution as the major reasons why the company went bankrupt so quickly. Each team presented its analysis to a panel of investment bankers from Merrill Lynch.
The UC Berkeley NewsCenter featured Haas School senior Stefan Hochfilzer and junior Charmaine Chua in a series on student entrepreneurs earlier this month.
"Spotlight on Student Entrepreneurs" is a continuing web feature that is published on the new UC Berkeley NewsCenter.
Hochfilzer, while still in high school, launched a business giving tennis lessons in gated communities in San Diego County, which he manages from a distance now that he attends UC Berkeley. Read "Senior Stefan Hochfilzer Serves Up Tennis Lessons as Community Spirit" at http://www.berkeley.edu/news/media/releases/2003/02/18_hochfilzer.shtml.
Chua manages most of the East Bay region for Varsity Painting, a company that recruits undergraduates to essentially be franchisees of the painting business. Read the full text of "Junior Charmaine Chua Paints by the Six-Figure Numbers" at http://www.berkeley.edu/news/media/releases/2003/02/26_chua.shtml.
An obituary written by Joe Garbarino, professor emeritus and long-time friend of Frederic Patric Morrissey.
Professor Emeritus Frederic Patric Morrissey, resident of El Cerrito, long-time member of the faculty of Berkeley's Haas School of Business and former member of the California Public Utilities Commission, died February 27 at John Muir Hospital of complications from a brain aneurysm. He was 82 years old.
Professor Morrissey was born in Brantford, Ontario, Canada, and attended the University of Toronto as an undergraduate and graduate student. Entering the Canadian armed services, he became the first non-medical officer to receive a commission in the Royal Canadian Medical Corps. Upon completion of his military service he returned to the University of Toronto where he earned the degree of master of commerce. He then was awarded the Granville Garth Fellowship and enrolled in the Graduate School of Columbia University where he earned his Ph.D. in economics.
Morrissey joined the faculty of the business school in 1949 where, in addition to teaching, he served in a number of administrative positions including two separate terms as associate dean of academic affairs. He was appointed as director of the Summer Session at a time when the program had been running deficits and, applying both his administrative and financial expertise, he reorganized the program, eliminating the deficits and making the program self-supporting. When the university moved from the semester to the quarter system in the 1960s he was appointed to implement the change for the Berkeley campus.
As a nationally recognized expert in finance and regulation of public utilities, Morrissey was called upon by Governor Ronald Reagan to serve on the California Public Utilities Commission. He also testified on several occasions on regulatory issues before California legislative committees and before the House Ways and Means Committee. On leaving the commission after two and a half years, he resumed his teaching career at Berkeley. He served as a consultant and expert witness in regulation cases in several surrounding states but, on principle, turned down all requests to participate in cases before the California commission.
Upon his retirement from the university in 1985, Morrissey was awarded the Berkeley Citation for Distinguished Achievement and Notable Service to the university.
Morrissey is survived by his wife and best friend, Eileen; his son John of Ridgefield, Connecticut; and his daughter Patricia Cahill of Oakville, Ontario. He is also survived by, in his words, "the greatest grandchildren in the world," Bob and Kelly Morrissey, Jonathan and Anne Sealey; his sister Margaret Bourassa; and numerous nieces and nephews.
In lieu of flowers, the family requests a donation to a charity of personal choice.
Karlene Roberts Joins NASA Risk Management Panel
Karlene Roberts, professor in the Organizational Behavior and Industrial Relations Group, has accepted a position on the Human and Organizational Risk Management Advisory Panel to the Engineering for Complex Systems Program at NASA.
This panel is part of the Engineering for Complex Systems Program at NASA. The panel will check the validity of NASA's Human and Organizational Risk Model. The model includes such variables as organizational culture, structure, and team cognition to assess risk. The model will be the foundation for the Engineering for Complex Systems Program's development of its Organizational Risk Tool Suite.
Severin Borenstein, the E.T. Grether Professor in Public Policy and Business Administration, was interviewed by several radio and television stations on gasoline and energy prices:
Borenstein commented on how increasing gas prices are having a domino effect in other businesses in the San Francisco Chronicle on February 27. Read the full article, titled "Oil Squeeze Hits Home," at http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/02/27/MN238207.DTL.
The third annual Berkeley Asia Business Conference (ABC), held at the Haas School of Business, was featured in The Korean Herald on February 27 in the article, "Asian Business Giants Flock to Berkeley Conference."
Hal Varian, professor in the Operations and Information Technology Management Group, remarked on the possibilities of collecting sales tax on internet purchases in the Contra Costa Times in the February 27 article, "Internet sales tax resurfaces with deficit." Read the full article at http://www.bayarea.com/mld/cctimes/5274631.htm.
Benjamin Hermalin, the Willis H. Booth Professor of Banking and Finance, commented on the Bush administration's decision to appoint Jay Garner as Head of Reconstruction and Humanitarian Assistance in the San Francisco Chronicle on February 26. Read the full article, titled "General Reverses His Role," at http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2003/02/26/BU48310.DTL.
The Haas School of Business was mentioned in The Daily Californian on February 26 in the article, "University Departments Cut Ties With Claremont."
Severin Borenstein remarked on the steadily increasing price of gas in the Bay Area in the San Jose Mercury News in the article, "Price-per-gallon fright jumps a dime overnight." Read the full February 26 article at http://www.bayarea.com/mld/mercurynews/news/local/5265671.htm?template=contentModules/printstory.jsp.
The Haas School of Business was mentioned in I-Wire on February 25 in the article, "Battling Piracy: Business Students Suggest If You Can't Beat Them, Do It Better." Undergraduates from the school competed in the Marshall International Case Competition at USC. Read the full article at http://www1.internetwire.com/iwire/release_html_b1?release_id=51462.
Haas lecturer David Robinson's book Business Protocol: Contemporary American Practice was referenced in Fortune Magazine's Ask Annie section on February 24. Read the full article at http://www.fortune.com/fortune/annie/0,15704,426231,00.html. Jon Altschuler, MBA 01 and vice president of Stream Realty Partners, was featured in The Dallas Morning News on February 21 in the article, "Leasing agent's pitch is a trip back in time."
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