Haas NewsWire will publish monthly this summer. After our May 12 issue, look for issues on June 16, July 14, and August 25. Biweekly publication will resume at the beginning of the academic year.

To Outsource or Not: Tadelis Study Sheds Light on Pitfalls and Benefits

Steven Tadelis

Outsourcing's popularity has led to some spectacular washouts. Sprint, Sears Roebuck and Co., and JPMorgan Chase have in recent years backed out of outsourcing contracts totaling billions of dollars, and industry studies show they aren't alone. Given its high failure rate, is outsourcing still a smart strategy for innovative managers?

In the 50th anniversary edition of the Haas School's California Management Review, published in November, Associate Professor Steven Tadelis answers "yes" -- but not without substantial caveats. Companies that jump on the bandwagon without a thorough cost-benefit analysis are setting themselves up for trouble, he says.

His article, "The Innovative Organization: Creating Value Through Outsourcing," lays out a strategic framework to help managers avoid the pitfalls. He cites a 2005 Deloitte Consulting survey of 25 large corporations that found 44 percent saved nothing by outsourcing. Half blamed hidden costs, such as managing the contract, transfer of institutional knowledge, and reduced flexibility. One in four ended up "backsourcing," returning the task in-house at a loss. "To me as an economist, a hidden cost means you didn't have a good way of thinking through your problem," says Tadelis, also associate dean for strategic planning.

At the heart of outsourcing problems, he reasons, is the fundamental conflict of interest in every contracting relationship: The buyer wants to save a buck and the seller wants to make one. Opportunities to exploit that tension grow as the task becomes more complex, Tadelis explains. That means some tasks are poor candidates for outsourcing.

"If I can't describe exactly what I want done, the person I hire will have incentive to do it in a cost-minimizing way," Tadelis says. "Once I'm in the relationship, I become a captive client and can have the juice squeezed out of me."

Deciding whether to outsource is easier said than done. The activity considered for outsourcing should be peripheral, not core to the business, according to Tadelis, and that determination requires foresight since businesses often evolve rapidly. To take full advantage of the marketplace through competitive bidding, the function should be clearly defined and not likely to change over the life of the contract, since renegotiation adds costs.

Some of the biggest failures, such as JPMorgan Chase's $5 billion contract with IBM, have centered on information technology. Because technology is inherently complex and fast-changing, Tadelis reasons that large companies with economies of scale are better off keeping IT in-house.

Outsourcing should not be confused with offshoring, Tadelis says -- in other words, the "whether" should be separated from the "where." Companies should not be tempted solely by the low price of labor abroad, and must take into account the additional cost of cultural barriers, travel, and different -- often less stringent -- legal and intellectual property protections.

Ultimately, Tadelis concludes, thoughtful outsourcing can be an effective way to give managers some slack to focus on their central business, freeing them up to innovate.

Sustainability Projects Receive $2 Million

Twenty-three projects aimed at helping humans live more sustainably -- including a new MBA fellowship -- have been granted a total of $2 million through a new program funded by the Dow Chemical Co. Foundation.

The new Sustainable Products and Solutions (SPS) Program received overwhelming interest from UC Berkeley master's and doctoral students, who submitted proposals that cumulatively sought three times the available total funds.

Based at the Haas School's Center for Responsible Business, the SPS program was developed in partnership with the College of Chemistry. The SPS program was created to administer and grow a $10 million, five-year gift from the foundation to provide students and faculty across campus with educational and research opportunities focused on sustainability.

One project that won funding will create a new fellowship for Berkeley MBA students to help members from the other winning teams develop viable business plans to bring their products to market. A new course will be created in the spring to support the MBA fellowship program. Haas Associate Professor Catherine Wolfram and Adjunct Professor Andrew Isaacs, co-executive directors of the Center for Energy and Environmental Innovation, will teach the course.

"This program gives us the opportunity to fund seminars, student competitions, research, internships, field projects, and fellowships that will help graduate students bridge research, theory, and practice in sustainability," says Kellie McElhaney, executive director of the Center for Responsible Business and program director for the SPS Program.

Other winning projects include cost-effective water purification and hygiene technologies, renewable fuels, and new courses and seminars on sustainability. Three projects focus on distributing efficient cook stoves in China, Senegal, and Darfur. The stoves, developed at Berkeley, offer environmental benefits and save lives by decreasing the time women and children spend gathering wood in dangerous areas.

The 23 winners received grants ranging between $4,000 and $150,000 each.

"Our intent is to do something like this annually, and to get other foundations engaged as well," says Tony Kingsbury, executive-in-residence at the Center for Responsible Business' Sustainable Products and Solutions Program.

Proposals were required to be interdisciplinary, account for all aspects of the life cycle of the product or solution, and help solve global sustainability challenges. Students from more than a dozen schools and departments on campus submitted projects.

Funding decisions were made by a steering committee of faculty across campus. The Dow Chemical Co. is not involved in the SPS program's decision-making nor does it have any rights to the research. All research funded by the program will be the property of UC Berkeley.

For more information about the SPS Program winning proposals, visit http://www.haas.berkeley.edu/responsiblebusiness/SPSProgramProjects.htm.

Campus Town Hall Meetings To Focus on Diversity

The Haas Diversity Committee is encouraging staff and students to attend upcoming town hall meetings organized as part of a campus-wide diversity initiative headed by Vice Chancellor for Equity and Inclusion Gibor Basri.

The town hall meetings, designed to gather campus community input, are scheduled for the following days:

  • For staff: Tuesday, April 29, 12:00 noon to 3:00 p.m.
  • For undergraduate students: Thursday, May 1, 4:00 p.m. to 7:00 p.m.
  • For graduate students: Friday, May 2, 1:00 p.m. to 4:00 p.m.

To sign up for these meetings, send your name, your campus department and title or your major or college/school, and your contact information to a staff member in the office of equity & inclusion. Reservations will be required to attend as seating is limited. More town hall meetings will be scheduled in the coming months.

To gather faculty input, Vice Chancellor Basri will be meeting with faculty directors and chairs.

Among several projects under way, the Haas Diversity Committee is supporting Chancellor Robert Birgeneau and Basri in their multi-year initiative for progress on diversity, equity, and inclusion by participating in the town hall meetings.

The Haas Diversity Committee is charged with advising the dean on issues of race, gender, orientation, and national origin that affect students in all degree programs at the school. The committee also is charged with examining and recommending opportunities, within UC policy and state law, to ensure that the Haas School achieves a diverse and excellent student body, faculty, and staff.

The Diversity Committee's current members are Victor Bennett, Christine Blaine, Timothy Dayonot (chair), Christina Henri, Susie Jordan, Mic Nguyen, Santiago Oliveros, Nora Silver, Sameer Singh, Daisuke Tanaka, Erika Walker, Kristy Wong, Sherrie Wu, and Margit Zwemer. Please contact Timothy Dayonot at dayonot@haas.berkeley.edu with any diversity-related issues or concerns.

For more information on the campus-wide diversity initiative and the town hall meetings, visit http://diversity.berkeley.edu/Strategic_Planning_Effort.php.

Haas for Students Kicks Off Fundraiser April 28

Haas for Students began their donation drive to support Berkeley MBA students with nonprofit summer internships today, April 28, at the Bank of America Forum.

The annual fundraiser asks students to donate a day's pay from their summer internships in the private sector to help cover basic living expenses for first-year students with summer internships in the nonprofit or public sector who will receive a sub-market salary.

During the week of April 28, Haas for Students will be taking donations from 11:00 a.m. to 2:00 p.m. at a table in the Bank of America Forum.

One student who Haas for Students will help is Ryan Drake-Lee, MBA 10. Drake-Lee will be doing consulting work in Accra, Ghana, for BusyInternet, an Internet café chain, on behalf of NGO Good Morning Africa. His work will include helping BusyInternet revamp various business plans and investigate new Wi-Max licensing and partnership possibilities.

The goal for the Haas for Students drive is $30,000 – the same amount raised last year. There will be special recognition for the cohort that donates the most money. Second-year students are encouraged to donate, too.

Students can donate a day's salary online at https://egiving.berkeley.edu/egiving/mainform.asp. Click 'A-Z Giving Index,' then "H" on the left for Haas, then "Haas School Students for Students Fund." Under special instructions, enter "10265-55608" (the Haas for Students fund code).

For more information, please contact Omar Garriott, MBAA VP of Community, at omar_garriott@mba.berkeley.edu.

Retired Dreyer's President to Talk on Becoming a Successful CEO, May 7

William F. "Rick" Cronk, BS 65, retired president of Dreyer's Grand Ice Cream, will give a talk titled "Secrets to Becoming a Successful CEO" on Wednesday, May 7, at 7:00 p.m. in the Wells Fargo Room.

Cronk's appearance is part of the First Annual CEO Spotlight Event, sponsored by the General Management and Strategy Club and the Leadership Club. The spotlight event is envisioned as a way to give students the opportunity to learn from successful executives who have taken risks, made difficult decisions, balanced work and family, and become successful leaders along the way.

In 1977, Cronk and his partner, T. Gary Rogers, purchased Oakland, Calif.-based Dreyer's, a $6 million firm operating exclusively in the San Francisco Bay Area, and turned it into a $1.5 billion international enterprise. Cronk retired as president of Dreyer's in 2003 after 26 years in the ice cream business, and Dreyer's was bought by Nestlé in 2006.

Cronk was named Business Leader of the Year at the Haas School in 1993 and has been a member of the Haas School Advisory Board since 1986.

Robert Reich to Talk on Income Inequality at Business Forecast Luncheon, May 13

Former US Labor Secretary Robert Reich will discuss the widening inequality of income and wealth in the United States at the 15th Annual Business Forecast Lunch on May 13 in San Francisco.

Reich, currently a professor at the UC Berkeley Goldman School of Public Policy, has titled his presentation "How Unequal Can America Get Before We Snap?"

Reich has served in three national administrations, most recently as secretary of labor under President Bill Clinton. He has written eleven books, including The Work of Nations, which has been translated into 22 languages; the best-sellers The Future of Success and Locked in the Cabinet; and Supercapitalism, his most recent book. His articles have appeared in the New Yorker, Atlantic Monthly, New York Times, Washington Post, and Wall Street Journal.

Reich is co-founding editor of The American Prospect magazine. His weekly commentaries on public radio's "Marketplace" show are heard by nearly five million people.

The Business Forecast Luncheon takes place Tuesday, May 13, from 11:30 a.m. to 1:30 p.m. at the Palace Hotel, 2 New Montgomery St., San Francisco. Registration is $45 for alumni, $50 for guests, $450 for a corporate/group table of 10, $35 for recent grads (2002 – 2007), $25 for current students, and complimentary for faculty and senior staff. To register, visit http://www.haas.berkeley.edu/alumni/bfl.

For more information, contact the Haas Alumni Relations Office at 510.642-7790 or events@haas.berkeley.edu.

Clean Energy Dominates Social Venture Competition

A plan to make clean energy affordable around the world to poor, rural households without access to electricity won the grand prize at the 2008 Global Social Venture Competition April 18 at the Haas School.

The winning team, MicroEnergy Credits Corporation (MECC) from Columbia Business School in New York, received the $25,000 cash prize.

The MicroEnergy plan is to tap the $30 billion carbon emissions cap-and-trade markets to make energy-efficient resources such as solar electric lighting, efficient cook stoves, and local bio-gas cooking fuel accessible and affordable to poor households. To make these investments possible, the team is working with existing microfinance institutions already operating in the rural communities around the world that are off the electric grid.

Founded by Berkeley MBA students in 1999, the Global Social Venture Competition (GSVC) promotes the creation and growth of new ventures whose financial and social goals are key elements of their business plan. Each competing team must have at least one MBA student from an accredited business school on its management team.

Today, the competition counts Columbia Business School, London Business School, Indian School of Business and Yale School of Management as partners. Thammasat University in Thailand and ESSEC Business School in France joined the University of Geneva and a consortium of business schools in Korea called Social Venture Competition Korea this year as outreach partners.

All three of this year's winners are promoting clean energy concepts.

The second place award, along with a $10,000 cash prize, went to Bio Power Technology, which uses agricultural waste to create electricity. The team comes from Prasetiya Mulya Business School in Indonesia.

BioVolt, a team from MIT's Sloan School of Management, won third place and a $5,000 cash prize. It has developed a microbial fuel cell to bring low-cost, clean, renewable energy generation to off-grid rural, remote customers worldwide.

The Social Impact Assessment prize of $5,000 went to SMART, short for Sustainable Marine Adventures and Responsible Tourism. The team from the Thammasat University in Thailand was recognized for presenting the most innovative and rigorous analysis of their venture's potential social and/or environmental impacts.

This year's Global Social Venture Competition celebrated the preliminary round entry of a record 245 teams from 23 countries, up from 160 teams last year.

Sponsors include Omidyar Network, which gave a $300,000 gift last year to support the competition for three years; Goldman Sachs Foundation; Hewlett-Packard; and Morrison & Foerster LLP.

For more information, go to www.gsvc.org.

Haas Takes Second in Factory Simulation Competition

A team of Haas Evening & Weekend MBA students took second place in the Fourth Annual MIT Operations Simulation Competition held from April 10 to 13.

The winning team members are Piyush Jain, Jimmy Jin, Bharath Muthiah, and Ashish Shah, all MBA 10. Their second-place award included a cash price of $1,000.

During the event, teams from 85 business schools around the world logged on to a web-based factory simulator and competed to see who could run the most profitable factory. Participants were asked to play the role of high-powered operations consultants hired to manage the capacity, scheduling, inventory, lot sizing, and contract quotations to maximize the cash generated by the factory over its lifetime.

The competition was hosted by MIT Sloan Operations Management and Responsive Learning Technologies, which offers online software, course supplements, and other products.

Haas MBAs gained an edge on competitors by precisely predicting future events, utilizing their quantitative engineering and science background and solid understandings of operation concepts.

"Another key factor was trust and collaboration among team members," says Jin. "The operation required an inventory refill at 3:50 am every morning and the person designated to wake up at that hour to purchase inventory had total trust from the rest of the team, and indeed, nobody failed the task."

As a result, the team earned $1,070,867 in the simulation, narrowly missing first place by a mere $88. China Europe International Business School took first place and a $3,000 prize.

MBA Student Wins Third Prize in Big Ideas Contest

Full-time Berkeley MBA student Thomas Dickhoff, MBA 09, was part of the team that won third place and a $5,000 prize in UC Berkeley's Big Ideas Contest, sponsored by the Big Ideas @ Berkeley initiative and the Berkeley student government (ASUC).

The contest encourages ideas from student teams to propose the next generation of research, education, and service activities on the UC Berkeley campus.

Dickhoff's team members included Anthony Papavasiliou, Shmuel Oren, and Mauricio Junca from Industrial Engineering and Operations Research as well as Georgios Alexandros Dimakis from Electrical Engineering and Computer Science. Their proposal, titled "Coupling Wind Generators with Deferrable Loads," builds upon the fact that a significant proportion of the energy we consume is dedicated to duties that can be postponed. This flexibility creates a great opportunity for wind energy generation.

More about this contest is available at http://www.citris-uc.org/Big-idea-winners-2008.

Smith, Stone, Boyd, and Campbell Honored with Outstanding Staff Awards

Four staff members were recognized for their extraordinary contributions to the Haas School at the seventh annual Staff Appreciation Luncheon April 17.

The four recipients of this year's Outstanding Staff Awards were Maggie Smith, a faculty assistant; Jerry Stone, technical support manager in Computing Services; Denise Boyd, director of human resources and administration; and Dean Tom Campbell. The awards recognize a Haas staff member's performance over the past year or more. Winners are selected from a committee composed of past Outstanding Staff Award recipients.

Smith received the excellence award, which recognizes service over many years. Smith was recognized for her exceptional support of several faculty members, willingness to take initiative, and cheerful attitude.

The innovation award went to Stone. Colleagues praised his intelligent approach to staff management and balance of technological innovation with the needs of his staff and the greater Haas community.

Boyd was honored with the leadership award for her ability to maintain leadership over a complex organization, foster both individual and group growth, and serve as a role model with grace and integrity.

The first three Outstanding Staff Awards, along with $400 American Express gift cards, were presented by Campbell. Then, Alumni Relations Associate Director Meg Roundy presented Campbell with his own Outstanding Staff Person of the Year Award. Campbell, who is stepping down as dean on July 15, was recognized for going above and beyond the call of duty to build a strong and informed staff.

Mark Your Calendar May 9 for End of Year Party

Food, fun, and awards will be served up to faculty, staff, and students on Friday, May 9, at the Dean's End of the Year Party in the Haas School courtyard.

The party will begin at 4:00 p.m., with food from Looney's Smokehouse BBQ. The awards ceremony will start at 4:15 p.m. to honor the recipients of the Cheit Teaching and GSI awards and announce the results of the Full-time MBA Lifelong Connections Campaign and the Haas Undergraduate Senior Gift Campaign.

Innovation Spotlight: Peer-to-Peer Staff Coaching

By Jennifer Chizuk

As program coordinator at the new Institute for Business Innovation, Alison Greenwood has many responsibilities and little time. With the help of her peer-coach, Christine Blaine, operations manager in the Haas School's Career Services, Alison is learning how to better manage time - something she has always struggled with professionally and personally.

Alison and Christine are two of the six staff members who have volunteered to participate in a staff version of the program, Peers@Haas, one of the new initiatives developed as part of the Haas School's Leading Through Innovation strategy. The Peers@Haas program was created to help students become stronger leaders by making favorable changes in their behavior. After a few tweaks, Peers@Haas is now in its second year, and Haas staff members have been invited to participate.

The program kicked off this year in January with a lecture for student and staff participants given by executive coach Marshall Goldsmith, whose book What Got You Here Won't Get You There helped inspire the program.

Similar to students in the Peers@Haas program, staff participants hear from friends, colleagues, and family members, who regularly provide "feed-forward" on where they are improving and where there's still room to grow. Those "stakeholders," who also complete a survey once a month, are careful not to use negative or judgmental feedback that can be discouraging to hear.

Like the other Peers@Haas participants, Christine and Alison fill out their own questionnaire once a week and then meet to discuss how they've improved their targeted behavior. For Blaine, it's about taking more risks in her job, speaking up at meetings, signing up for new activities, and making her voice heard. "I figure that if it's hard to do, it's something I need to work on," Blaine says, explaining why she identified those behaviors for improvement.

Greenwood picked time management because she felt it was important for her to focus on a behavior that affected both her personal and professional life. "This way I can be held accountable from all angles," she says.

Both Blaine and Greenwood say Peers@Haas has definitely helped them change their behavior. Since starting the program, for instance, Blaine has been praised for speaking out more in meetings, has joined the Haas Diversity Committee, and has begun volunteer work helping a visiting Korean scholar with English to prepare for the TOEFL exam.

"Peers@Haas is a lot different from going to a workshop and getting inspired and then going right back to your old patterns," Blaine says. "It's got greater force because someone is asking me every week what I have done. There's accountability built into it."

"It's very effective, but it does take commitment," she adds.

If you have any questions about the Peers@Haas program, please contact Alison Greenwood at 510-643-2026 or alison@haas.berkeley.edu.

Also, if you view yourself as an innovation champion, please consider volunteering for the Leading Through Innovation Advisory Group. This group meets regularly to provide feedback on current staff initiatives and ideas to promote innovation throughout the Haas organization. Please contact Jennifer Chizuk at 510-643-0341 or chizuk@haas.berkeley.edu.

Staff News

Haas Team Members Earn Spot Awards for Exceptional Service

Ten Haas staff members and a Haas School Ph.D. student were honored with Spot awards for exceptional work in serving their departments or the school as a whole.

Spot awards are part of a university-wide program recognizing deserving managers, supervisors, and non-represented members of the school. Recipients are awarded $250. Another program, HEART awards, honors employees represented by unions.

Six of the recent recipients work in student services and were nominated by their clients --students in the Full-time MBA, Evening & Weekend MBA, and Undergraduate programs:

+ Kate Blumberg, MBA Student Services Coordinator, Full-time MBA Program, was nominated by Steve Horowitz, MBA 08, for her extensive help in planning and executing the 2007 Orientation Week for new students.

+ Undergraduate student Bethany Park, BS 09, nominated Barbara Felkins, academic student services officer, Undergraduate Program, for her helpful e-mail reminders and "awesome walk-in service."

+ Sherrie Wu, MBA 08, nominated Tim Gaherty, director of student affairs, Evening & Weekend MBA Program, for the way he "always takes time to help students find answers and resolve issues."

+ Praised as "welcoming, open-minded, diligent, and supportive," by Jit Bhattacharya, MBA 08, Amy Hornstein, director of student affairs, Full-time MBA Program, was nominated for her support of the Berkeley Energy & Resources Collaborative.

+ Dan Sullivan, director of academic affairs, Full-time MBA Program, was nominated by Erik Brown, MBA 09, "for all the small occasions where he consistently shines through as a dedicated and caring part of the Haas community."

+ Evening & Weekend MBA Program Coordinator Siu Yung Wong was nominated by John Pallett-Plowright, MBA 09, because he helped out an unofficial student club and "manages dozens of requests simultaneously, with grace and style."

Four other Haas staff members and one Haas School Ph.D. student who helped with a special project were also honored with awards:

+ Rocio Isabel Diaz, work-study assistant, Full-time MBA Admissions, was hailed by Admissions Advisor Kara Hayman for her initiative in leading a new work-study training program and participating in MBA application setup this past fall.

+ Robbie Jackson, human resources analyst, was nominated by Ph.D. student Atul Teckchandani for promptly and properly processing HR paperwork that her office wouldn't normally handle.

+ Student worker Mai Pham spearheaded the Dean's Speaker Series banner project for Marketing & Communications and was nominated by Advertising Manager Kerrie Andow for helping to promote speakers invited by the dean.

+ Paul Savage, employer relations specialist for business, Haas Undergraduate Program, was recognized by Dara Ziegelmeier, career counselor, UC Berkeley Career Center, for bringing various constituencies together in developing guidelines for planning career development and employment events.

+ Abby Scott, executive director, MBA Career Services, nominated Ph.D. student Aiwa Shirako for her help in launching the first MBA alumni salary survey and for her forthcoming help in analyzing the results.

Kristen Suyama Joins Academic Affairs and Instruction

The Academic Affairs and Instruction team in the Office of the Dean welcomed Kristen Suyama as an academic personnel assistant on April 10. She brings administrative experience from UCLA and will be working directly with Mary Ann Huisman and other team members.

Sumaya's outside interests include history, anthropology, music, and travel. Outside of work she is reacquainting herself with the Bay Area, where she was born and raised but has been away from for the past eight years.

Email: suyama@haas.berkeley.edu
Phone: 643-9621
Office: S522L

Sherrell Gordon Hired as Facilities Coordinator

The facilities group welcomed Sherrell Gordon as its new facilities coordinator on April 16. Gordon previously worked for two and half years in the Mechanical Engineering Department on campus, where her responsibilities included purchasing, key access control, equipment inventory, and space surveys. She has 16 years of experience working in a Silicon Valley manufacturing environment, with a wide range of experience in real estate and production management.

Gordon enjoys doing crafts and spending time with family and friends.

Email: sherrell@haas.berkeley.edu
Phone: 642-9106
Office: S549

Didi Zhai Becomes Assistant Director in Berkeley-Columbia Program

The Berkeley-Columbia MBA Program welcomed Didi Zhai as assistant director of operations on April 21. Zhai will be responsible for all aspects of program operations, including faculty support. She comes to Haas from the Academy of Art University in San Francisco, where she held the role of student services advisor. Prior to that, Zhai was a student and worked at University of California, San Diego.

Zhai enjoys traveling, musical performances, and origami.

Email: dzhai@haas.berkeley.edu
Phone: 643-2188
Office: S440

Haas in the News - As of 4/28/08

A lecture at Haas by Apple co-founder Steve Wozniak on entrepreneurship and the early days of Apple was featured in an April 22 Daily Californian article titled "Apple's Wozniak Visits UC Berkeley." Full article: http://www.dailycal.org/article/101418/apple_s_wozniak_visits_uc_berkeley

Severin Borenstein, the E.T. Grether Professor in Public Policy and Business Administration and director of the UC Energy Institute, wrote an op-ed article titled "Will solar panels save you money?" for the April 21 issue of the San Francisco Chronicle. Full article: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2008/04/20/ED8Q107P0T.DTL

An April 21 BusinessWeek article titled "The Do-Good Disconnect" quoted Kellie McElhaney, executive director for the Center for Responsible Business, on whether corporate responsibility pays and Elizabeth Singleton, MBA 08, on her interest in finding a company in which to make a difference. Full article: http://www.businessweek.com/bschools/content/apr2008/bs20080420_751022.htm?chan=top+news_top+news+index_business+schools

Jim Wilcox, a professor in the Haas Economic Analysis and Policy and Finance groups, was quoted in an April 21 KCBS story titled "New Type of Home Loan Popular in the Bay Area." Full story: http://www.kcbs.com/pages/2043005.php?

Thomas Davidoff, an assistant professor in the Haas Real Estate Group, was quoted about unemployment in the East Bay in an April 19 ABC 7 News segment titled "Highest unemployment rate hits Solano." Full story: http://abclocal.go.com/kgo/story?section=news/local&id=6090678

Priya Raghubir, a professor in the Haas Marketing Group, was quoted on consumers and tax refunds in an April 18 SignOnSanDiego article titled "Pitches target shoppers getting rebate checks." Full article: http://www.signonsandiego.com/news/business/20080418-9999-1n18stimulus.html

The Global Social Venture Competition at the Haas School was featured in an April 17 East Bay Business Times article titled "Haas hosts global competition." Full article: http://www.bizjournals.com/eastbay/stories/2008/04/14/daily59.html

Wilcox was quoted in an April 17 ABC 7 News story titled "Obama, Clinton favor capital gains tax hike." Full story: http://abclocal.go.com/kgo/story?section=news/politics&id=6087726

Wilcox was quoted about presidential candidate John McCain's tax cut plans in an April 16 ABC 7 News story titled "McCain calls for summer-long suspension of gas tax." Full story: http://abclocal.go.com/kgo/story?section=news/politics&id=6082129

Priya Haji, MBA 03, CEO of World of Good, was quoted about her company's products and fair trade in an April 16 SignOnSanDiego article titled "Dramatic growth seems on the horizon for fair-trade products." Full article: http://www.signonsandiego.com/news/features/20080416-9999-1f16fair.html

Naren Nachiappan, MBA 96, Managing Director of Jivox India, was interviewed about a project to bring a Web-based video advertising service to the mass market in an April 15 article titled "Jivox wants to do a Google!" on Sify.com. Full article: http://sify.com/finance/it-bpo/fullstory.php?id=14649792

Happening at Haas

Tenth Annual UC Berkeley Business Plan Competition Finals and Awards Presentation
Thursday, May 1
6:30 p.m. to 8:30 p.m.
Arthur Andersen Auditorium
For more information: http://bplan.berkeley.edu/

13th Annual Fisher Center Real Estate Conference
Tuesday, May 6
8:00 a.m. to 5:00 p.m.
St. Francis Hotel, 335 Powell Street, San Francisco
Registration: http://www.regonline.com/Checkin.asp?EventId=178022&RegTypeID=107777
Cost: $325

William F. "Rick" Cronk
Retired President, Dreyer's Grand Ice Cream
First Annual CEO Spotlight Event

Wednesday, May 7
7:00 p.m.
Wells Fargo Room

Dean's End of the Year Party
Friday, May 9
4:00 p.m.
Haas School Courtyard


For more information, contact Deborah Houy at houy@haas.berkeley.edu.

Kim Elsbach, UC Davis
When creativity and collaboration collide: Idea sharing and identity management among toy designers
Wednesday, April 30
4:00 p.m. to 5.30 p.m.
C320 Cheit Hall

Atul Teckchandani, Will Self, Haas Ph.D. candidates
Wednesday, May 7
4:00 p.m. to 5.30 p.m.
C320 Cheit Hall


Angela Lee, Kellogg School of Management, Northwestern
Thursday, May 1
4:00 p.m. to 5:30 p.m.
C250 Cheit Hall

Drazen Prelec, MIT Sloan
Thursday, May 8
4:00 p.m. to 5:30 p.m.
C250 Cheit Hall

For more information, contact June Wong at june@haas.berkeley.edu.

Jennifer Conrad, University of North Carolina
Skewness and the Bubble
Thursday, May 1
4:10 p.m. to 5:40 p.m.
C110 Cheit Hall

Nittai Bergman, MIT
Thursday, May 8
4:10 p.m. to 5:40 p.m.
C110 Cheit Hall

Joint Stanford-Berkeley Seminar at Berkeley
Wednesday, May 14
2:30 p.m. to 5:30 p.m.
Room to be announced

For more information, visit http://groups.haas.berkeley.edu/imio/workshopf2007.htm.

The Oliver E. Williamson Seminar on Institutional Analysis

Rui de Figueiredo, associate professor, Haas School
Thursday, May 1
4:10 p.m. to 6:00 p.m.
C325 Cheit Hall

Richard Holden, MIT Sloan
Thursday, May 8
4:10 p.m. to 6:00 p.m.
C325 Cheit Hall

For more information, contact motadmin@haas.berkeley.edu or 510-643-1398.

Mark Kvamme
General Partner, Sequoia Capital
New Opportunities in Technology
Wednesday, May 7
4:00 p.m. to 6:00 p.m.
Wells Fargo Room


The Ivy Plus Society San Francisco Launch and Young Alum Party
Thursday, May 1
7:00 p.m. to 11:00 p.m.
440 Broadway, Apartment 24, San Francisco, www.apartment24sf.com
$8 per person until April 28, $10 thereafter
Advance RSVP requested at www.ivyplussociety.org

LGBT Alumni Reception with UC President Robert C. Dynes and Regent-designate David Shewmake
Tuesday, May 6
6:00 p.m. to 8:00 p.m.
War Memorial Veterans Building, Green Room, 401 Van Ness Avenue, San Francisco
Register by April 28 at www.ucalumni.net, events@ucop.edu, or (888) 810-0007. Attendance limited to 200 people.

Discover Cal Lecture Series
Mortgages: How did the subprime problem become everybody's problem?
John Quigley, I. Donald Terner Distinguished Professor of Economics, Haas School of Business, Department of Economics, Goldman School of Public Policy
Cynthia Kroll, senior regional economist, Fisher Center for Real Estate and Urban Economics
Tuesday, May 6
6:00 p.m. to 8:30 p.m.
Lafayette Park Hotel & Spa, 3287 Mount Diablo Boulevard, Lafayette
Registration: http://www.acteva.com/ttghits.cfm?EVA_ID=18508
Cost: $20

Big Solar: Utility Scale Solar Power Generation Conference
Wednesday, May 7
12:00 noon to 7:00 p.m.
SRI Auditorium, 333 Ravenswood Avenue, Menlo Park
Registration: http://cleantech.berkeley.edu/index.html
Cost: $60

Discover Cal Lecture Series:
Mortgages: How did the subprime problem become everybody's problem?
John Quigley, I. Donald Terner Distinguished Professor of Economics, Haas School of Business, Department of Economics, Goldman School of Public Policy
Cynthia Kroll, senior regional economist, Fisher Center for Real Estate and Urban Economics
Wednesday, May 7
6:00 p.m. to 8:30 p.m.
The Spinnaker, 100 Spinnaker Drive, Sausalito CA 94965
Registration: http://www.acteva.com/ttghits.cfm?EVA_ID=18508
Cost: $20

Connections Event with Professor Frank Schultz and Tour of Judah L. Magnes Museum
Wednesday, May 7
6:00 p.m. to 8:00 p.m.
Judah L. Magnes Museum, 2911 Russell Street, Berkeley
Registration: http://www.acteva.com/booking.cfm?bevaid=158058
Cost: $20

BCMBA 05 - Class Social
Friday, May 9
5:30 p.m. to 7:30 p.m.
Market Bar, 1 Ferry Building, #36, San Francisco
For more information, contact Frances Mendez Kloes at frances.mendez@gmail.com.

LGBT Alumni Reception with UC President Robert Dynes
Thursday, May 8
6:00 p.m. to 8:00 p.m.
Red Seven by Wolfgang Puck, Pacific Design Center, 700 N. San Vicente Boulevard, West Hollywood
Register by May 2 at www.ucalumni.net, events@ucop.edu, or (888) 810-0007. Attendance limited to 200 people.

MBA Bar of the Week
Thursday, May 8
8:00 p.m. to 11:00 p.m.
SWIG, 561 Geary St., San Francisco

Strategic CSR: Innovating a Sustainable Career
Friday, May 9
8:00 a.m. to 5:00 p.m.
Haas School of Business
Registration: http://www.acteva.com/booking.cfm?bevaid=154920
Cost: $200.00
Open to Haas alumni only

Class Party at Acacia Vineyard
Saturday, May 10
1:00 p.m. to 4:00 p.m.
Acacia Vineyard, 2750 Las Amigas Road, Napa
RSVP: haf@haas.berkeley.edu or (510) 643-2644

Haas Venture Capital Alumni Dinner
Monday, May 12
For time and location and to RSVP, contact Alex Ortiz, MBA 07, Sierra Ventures, alex@sierraventures.com, or Nader Ghaffari, MBA 07, NetService Ventures Group, nader@nsv.com.

15th Annual Business Forecast Luncheon
Robert Reich, Former US Secretary of Labor
Professor of Public Policy
Goldman School of Public Policy
How Unequal Can America Get Before We Snap?"
Tuesday, May 13
11:30 a.m. to 1:30 p.m.
Palace Hotel, San Francisco
Registration: www.haas.berkeley.edu/alumni/bfl
Cost: Alumni $45, guests $50, recent grad (2002-2007) $35, current student $25, sponsor a student $25
For questions, contact events@haas.berkeley.edu or (510) 642-7790.

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