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All MBA Students Invited to Special Leadership Workshop, September 24

A leadership workshop will offer all Berkeley MBA students an opportunity for self-exploration and for developing their full potential as future business leaders on Sunday, September 24, in the Haas School's Andersen Auditorium.
 
The workshop, titled Harnessing Your Full Potential, is the first of a new series of extracurricular programs that are being offered to Berkeley MBA students. The series is one aspect of the school's new "Leading through Innovation" strategy, which will help distinguish Berkeley MBA students in the job marketplace.

The workshop will be taught by Dr. Srikumar Rao, an adjunct professor at Columbia University where he teaches his course Creativity and Personal Mastery. This course is one of the highest-rated courses at Columbia Business School and has been written up in major media including The New York Times, The Wall Street Journal, Fortune, and Business Week. The Harnessing Your Full Potential workshop will highlight some key aspects of this course.
 
In this four-hour workshop, students will learn methods how to think about situations that they will confront as future business leaders and how to deal with them effectively. These methods can be used to manage ambiguity and uncertainty in ways that can make the difference between failure and success in business. The workshop also focuses on helping future business leaders challenge the status quo and pursue their passions and dreams.
 
"Many who use my methods have reported lasting change and, as a consequence, much greater personal and professional fulfillment," says Rao about his course. Those interested in reading the media articles and learning more about the course can do so at www.areyoureadytosucceed.com

The school regrets that the only available date for this workshop falls on the second day of Rosh Hashanah and during Ramadan. For those who will not be able to attend due to the holidays, the Deans Office will make the workshop available in podcast format on the Haas website after the event.

New MBA and Ph.D. Students Welcomed

The Haas School welcomes 485 new Berkeley Full-time and Evening & Weekend MBA and 16 new Ph.D. students to campus with the official start of classes today, August 28.

The Berkeley Full-time MBA Program

The 242 new students in the full-time MBA program arrived at Haas on Monday, August 22, the first day of Orientation Week. They were greeted with a diversity lecture by Pacific Gas & Electric chairman Peter Darbee and an innovation lecture by Henry Chesbrough, executive director of the Center for Open Innovation and author of an award-winning book by that title. The students got to know each other during a week of workshops and socials, including innovation exercises, an outing to a San Francisco Giants game, and the traditional team-building ropes course.

Of this year's 2727 full-time MBA applicants, 17% were admitted. The new class is 30% international, representing 36 different countries ranging from Thailand to Trinidad and Pakistan to Peru. 34% are women, and 34% are minorities. They average a record 707 GMAT score and 5.6 years of work experience. Their median age is 29.

The new class represents individuals as diverse and accomplished as a Navy SEAL officer, a former model, an economist who worked on the team advising former Federal Reserve Board Chairman Alan Greenspan, the marketing information director for the Portland Trail Blazers, a regional press secretary for the Kerry/Edwards campaign, and a Russian entrepreneur who founded two profitable international trade companies, as well as several social entrepreneurs.

The Berkeley Evening & Weekend MBA Program

The Evening & Weekend MBA (EWMBA) Program welcomed 243 newly admitted students with a two-day orientation at the Doubletree Hotel in the Berkeley Marina on August 4-6.

These fully employed students have an average age of 32 and more than eight years of work experience, representing 168 employers. Their median GMAT is 700. About 44% hold advanced degrees.

The class includes 16% international students from 33 different countries. Of these new students, 76% speak two or more languages, and 38% speak three or more languages. Most live and work in the San Francisco Bay Area, while 6% of the students travel from as far as Arizona, Nevada, Oregon, Texas, and Washington.

The new students come from diverse backgrounds. They include an audiologist, an archaeologist, a US Marine captain, a Coast Guard officer, a National Guard lieutenant, a writer, a producer, three company presidents/CEOs, an engineer that built bridges in Ethiopia, a former child TV star (in Peru), an Olympic bobsledder, a part-time church pastor, and semi-finalists of the Global Social Venture Competition and the UC Berkeley Business Plan Competition.

The new EWMBA students join second-year and third-year candidates in that program, bringing the total enrollment to 738.

Ph.D. Program

Sixteen new Ph.D. students arrived at Haas for their orientation activities on August 23, which provided ample opportunities to meet the Haas faculty and fellow Ph.D. candidates. They bring the total number of Ph.D. students at Haas to 83.

The 16 new students were chosen from an international applicant pool of 347. They are 38% women and 38% international students from China, Moldovo, Hong Kong, Thailand, and Korea. Their average age is 29. More than half the class already has a master's degree. The median GMAT score is 736; the median quantitative score 790. The Ph.D. program accepts both GMAT and GRE scores.

Three students each will enroll in the Accounting, Business & Public Policy, Finance, Organizational Behavior and Industrial Relations, and Real Estate fields. One will study Marketing.

Igniting the Creative Spark: Prof. Barry Staw Finds Individualistic Culture Promotes Innovation

Firms that focus on individual employee achievement and uniqueness are more conducive to generating innovative ideas than companies that emphasize a more team-based culture, according to Haas School Professor Barry Staw.
 
Surprisingly, even when groups that emphasize teamwork are instructed to be creative, they generate fewer ideas and less creative ideas than groups that are more focused on independent viewpoints, Staw concluded after conducting a study with 204 university students. Staw and co-author Jack Goncalo of Cornell University outlined their findings in an article titled "Individualism-Collectivism and Group Creativity," published in the May 2006 issue of Organizational Behavior and Human Decision Processes.
 
"The message of this article is that diversity of ideas and perspectives is crucial for innovation," says Staw, chairman of the Haas Organizational Behavior and Industrial Relations Group and Lorraine Tyson Mitchell Professor in Leadership and Communication. "A strong corporate culture can be detrimental to innovation because everyone has to get on board and be relatively alike."

The advantages of an individualistic culture may be especially salient when innovation is an explicit goal, Staw and Goncalo hypothesize in their article. They define an individualistic culture as one that values uniqueness, encourages people to be independent from the group, and provides clear recognition for individual achievement.
 
To test this hypothesis, Staw and Goncalo conducted a one-hour experiment with teams of undergraduate students. First, participants completed a survey designed to prime a collectivistic or individualistic mindset. Then each group was instructed to be either creative or practical as they generated ideas about how to solve a problem.
 
The problem was figuring out a new business for a space vacated by a mismanaged and low-quality restaurant at a major west coast university. In the final phase, each group was asked to select the idea that they believed was either the most creative or practical.
 
"On every measure, individualistic groups were more creative than collectivistic groups when instructed to be so - generating more ideas, presenting a greater number of ideas that depart from the pre-existing solution (i.e. restaurants), and posing ideas that were judged to be more novel," the authors found. "The results simply show that, when creativity is explicitly desired, individualism will serve to facilitate such performance."
 
The upshot of this research is that companies should protect individual perspectives, Staw concludes.  

Haas Undergraduate Program Ranks #3 in US News & World Report

US News & World Report ranked the Haas School's undergraduate program #3 among US business schools, tied with the University of Michigan, Ann Arbor, according to its survey published on August 18. Haas has ranked #3 in this survey for four consecutive years.

University of Pennsylvania's Wharton School ranked #1 and Massachusetts Institute of Technology's Sloan School #2 in the business undergraduate rankings.

Haas placed in the top five in several "specialty" programs:
#3 in Finance
#3 in Management
#4 in Marketing
#4 in Real Estate
#5 in Quantitative Analysis/Methods
#5 in International Business
#8 in Entrepreneurship
#9 in Production/Operations Management
#11 in Accounting
#12 in Management Information Systems
#15 in Supply Chain Management/Logistics

The US News & World Report ranking and specialty rankings are based solely on a survey of the deans and senior faculty at accredited business schools around the country.

Berkeley Alumnus and Business Leader Kirk Hachigian to Speak, September 21

Kirk Hachigian, BS 82, CEO and chairman of Cooper Industries, will speak to the Haas community as part of the Dean's Speaker Series on Leadership on Thursday, September 21, at 2:00 to 3:30 p.m. in the Executive Learning Classroom (S480).

Hachigan will speak in Professor Cameron Andersons class "Power & Politics in Organizations," but the event is free and open to all. A reception will follow immediately after the talk in S489.

Hachigian holds an undergraduate degree from UC Berkeley in Manufacturing Engineering and an MBA from the Wharton School of Business at the University of Pennsylvania. He joined Cooper Industries in 2001 as executive vice president of operations and was named president and chief executive officer in May 2005. He became chairman in February 2006.

Prior to joining Cooper, Hachigian was president and chief executive officer of the Asia Pacific Operations unit of GE Lighting and, before that, he occupied several management assignments with GE in Singapore, Mexico City, Ohio, and at GE's corporate headquarters in Connecticut. Before joining GE, he held general management and sales and marketing positions with Oak Industries and was a consultant with Bain & Company.

Cooper Industries is a worldwide manufacturer of electrical products and tools and hardware with 2005 revenues of $4.7 billion. Approximately 30% of its revenues come from international sales. The company employs approximately 29,000 people and has its administrative headquarters in Houston, Texas.

Conference to Explore Globalization of R&D into Emerging Markets

Top experts will speak on the global spread of corporate research and development at the second annual "Investing in Emerging Markets: China, India, Russia" conference October 6 at the Haas School's Arthur Andersen Auditorium.

Panelists from such companies as Bridge Pharmaceuticals, Tata Consultancy Services, and WR Hambrecht + Co. will discuss current trends in research and development in biotechnology, information technology, and software development in the three emerging markets.

Thomas Kalil, special assistant to the chancellor for science and technology at UC Berkeley, will give the keynote speech. Previously Kalil served as the deputy assistant for technology and economic policy and the deputy director of the White House National Economic Council, both under President Clinton.

The conference is produced by the Clausen Center for International Business & Policy and the Institute of Management, Innovation & Organization. The one-day event will start with breakfast and registration at 8:30 a.m. and will end with a cocktail hour starting at 5:30 p.m.
 
An early-bird general registration fee of $200 will remain in effect through the end of August. General admission tickets will go up to $250 on September 1. Haas alumni, faculty, and staff enjoy a 40% discount off of the general admission price, bringing their ticket price down to $150.  Student ticket price is $60.

For more information and to register for the conference, visit http://haas.berkeley.edu/HaasGlobal/emergingmarketsconference.html.

UC Berkeley Wins High Rankings in Three New Surveys

UC Berkeley ranked second among the nation's top 30 universities in a survey in the September issue of Washington Monthly magazine. Berkeley trailed only the Massachusetts Institute of Technology in the rankings, which Washington Monthly touts as an alternative to the popular annual survey by US News and World Report magazine, which ranked the University of California, Berkeley, #21 among national universities this year. Washington Monthly based its own survey on research, commitment to educating lower-income students, and community service.

Newsweek International ranked UC Berkeley #5 among the worlds universities, according to its article entitled The Top 100 Global Universities that was published on August 13. Newsweek's ranking is heavily weighted toward faculty research publications but also takes into account percentage of international faculty and students as well as library holdings.  

Berkeley also was recently recognized as one of the top 20 best campuses in the US for lesbian, gay, bisexual, and transgender students. Berkeley, ranked #11, has been included in The Advocate College Guide for LGBT Students, the first comprehensive campus guide to highlight the 100 most LGBT-friendly campuses in the US, released August 1.

FACULTY NEWS

Roberts Awarded Honorary Degree, Large Research Grant

Professor Karlene Roberts has received an honorary degree from the Université Paul Cézanne Aix-Marseille III and a substantial grant from the National Science Foundation.
 
In June, Roberts was the first woman ever to be awarded a Doctorat Honoris Causa en Sciences de Gestion (honorary doctor of management science) from the Université Paul Cézanne Aix-Marseille III in a ceremony in France. The degree recognized Roberts' groundbreaking research of High Reliability Organizations, which operate with very hazardous technologies. As a result of her pioneering work, Roberts has been sought to analyze everything from the shipwreck of the Exxon Valdez to the accident of the Columbia space shuttle to the reliability of plane landings on American nuclear aircraft carriers.
 
"Karlene Roberts literally makes our world a better and safer place," said Robert Fouchet, director of the Institute of Public Management and Territorial Governance at the Université Paul Cézanne Aix-Marseille III, in a speech during the ceremony.
 
Also this summer, Roberts, a member of the Haas faculty since 1968, won nearly $750,000 in grant funding from the National Science Foundation for a three-year project. The title of the project is "How Institutions Think about the Unthinkable: Organizational Learning and Communication about Catastrophic Events."
 
Roberts will be the principle investigator on an interdisciplinary project team that will focus on one actual disaster - Hurricane Katrina's devastation in New Orleans - and one potential disaster - the grave earthquake and flood threats to the California Delta area - to test theories of how organizations learn (or fail to learn) from disasters. The co-investigators are Daniel Farber (Law), W. Michael Hanemann (Agricultural and Resource Economics), and James R. Hunt (Civil and Environmental Engineering).

Dal Bó Receives the Hellman Family Faculty Fund Award

Ernesto Dal Bó, assistant professor in the Business and Public Policy Group, was selected by UC Berkeley as one of this year's recipients of the Hellman Family Faculty Fund award for junior faculty research.  The funding will support Dal Bó's project entitled "Political elites and the dynastic transmission of power."

The awards are given by UC Berkeley each year to assistant professors whose research shows promise of distinction. Fifteen Berkeley scholars received the awards this year.

Raghubir Takes Helm of Research at Center for Responsible Business
 
Priya Raghubir, associate professor of marketing, has been named the new research director at the Center for Responsible Business. Raghubir will be responsible for overseeing the center's research function and engaging other faculty both inside and outside of the Haas School in the center's research activities. She has been on the center's faculty board since its inception in 2003.
 
The Center for Responsible Business was created to advance the Haas School's focus on the field of corporate social responsibility and to develop new directions in the school's research, teaching, experiential learning, and community outreach.

Yano Named a Fellow of the Institute of Industrial Engineers

Professor Candace Yano was selected as a Fellow of the Institute of Industrial Engineers.

The award is the highest classification of membership in the Institute of Industrial Engineers (IIE), according IIE. It is given in recognition of outstanding leaders of the profession that have made significant, nationally recognized contributions to industrial engineering.

Yano serves as the chair of the Haas Operations and Information Technology Management Group. Her research focuses on supply chain management, service systems management, production-quality interface issues, and marketing-production interface issues. She has a joint appointment with the College of Engineering, where she is a professor of industrial engineering and operations research.

HONORS

Haas School Advisory Board member Patricia C. Dunn, BA 75, vice chairman of Barclays Global Investors, will be inducted into the Bay Area Business Hall of Fame at a ceremony by The Bay Area Council on Wednesday, September 20, in San Francisco.

Former Haas School Advisory Board member A.W. Clausen, retired CEO of Bank of America Corporation and former CEO of the World Bank, will be honored by the Japan Society of Northern California at a special Award of Honor Gala on Saturday, October 28, in San Francisco.

STAFF NEWS

Gaherty Directs Student Affairs for EWMBA Program

Tim Gaherty joined the Evening and Weekend MBA staff on June 5 as the new director of student affairs. Over the last three months he has settled into his role of providing a broad range of services to EWMBA students: everything from academic advising and navigating UC departments to organizing school-sponsored social events. Previously, Tim worked at San Francisco's Golden Gate University in admissions and retention. Before moving to the Bay Area he lived in New York, where he worked at Columbia University in career services. In all, he's spent ten years employed in higher education. Tim holds an MA in Latin American and Caribbean studies and an MA in counseling, both from New York University.

When not helping out EWMBA students, Tim likes to read, play tennis, and watch movies - particularly foreign films. He succeeds Teresa "TJ" Janus, who spent five years at Haas and is currently enjoying home and family in the Sacramento area.

Email: gaherty@haas.berkeley.edu
Phone: 510-643-0435
Office: S440

Storck Provides Morning Audio-Visual Technician Services

Ever wonder who makes audio and video equipment available to so many different Haas functions? Thanks should go in part to Tim Storck, Media Services' new morning audio-visual technician. On June 26 he joined the team that interacts with faculty, students, and staff through the Media Services desk in the computer center. His task is to look after A/V needs for classes and special events around the school.

Prior to joining Haas, Tim worked at Stanford University as an online video producer, where he helped post class materials and videos online for student access. Tim graduated from Elon University in North Carolina with a degree in broadcast communications. There he was involved in a number of clubs and extracurricular activities including Elon Student Television and Media Board. Now at home on the West Coast, Tim continues to enjoy exploring the great outdoors, reading (Christopher Rice is a favorite author), and watching movies. In the film world, he favors work by the Coen brothers, Woody Allen, and French director/writer/producer Francois Ozon.

Email: storck@haas.berkeley.edu
Phone: 510-643-0431
Office: S300W

Pitcher Inaugurates Program & Policy Analyst Position

Santina Pitcher began work as a program and policy analyst for the undergraduate program on June 26. This is an exciting new position not only for Santina, but also for the undergraduate office. After losing a staff member over a year ago, the office decided to shift responsibilities around and create something new. Santina will be working with other undergraduate staff on policy analysis and strategic issues, such as class scheduling, in addition to advising current and potential students.

Santina has worked at no less than five universities, including a previous appointment as academic program coordinator at Cal's Clark Kerr campus. Most recently, she served as an academic advisor in the College of Criminal Justice at Northeastern University in Boston. She earned a BA in political science from Humboldt State University and a Masters in Education from the University of Maine. Santina loves to golf and drink coffee, although "it can be a bit dangerous to do these together!" she warns. She and husband Wayne have a two-year-old son named Jonah.

Email: santina@haas.berkeley.edu
Phone: 510-642-1421
Office: S450

Kaufman Joins Marketing and Communications as Senior Marketing Manager

Craig Kaufman came aboard the Marking and Communications team on June 26 as its new senior marketing manager. Craig is in charge of the majority of the school's print-based marketing, in addition to virtually all online advertising. He works closely with academic program offices to help meet their marketing needs. Craig was most recently employed as a senior public relations executive at Reichert Communications in San Francisco, where he worked with marketing teams from established and start-up technology companies alike. He holds an MA in professional writing and a BA in journalism and European studies, both from Western Michigan University.

In addition to his work at Haas, Craig moonlights as an English and communications instructor at Diablo Valley and Las Positas junior colleges. He loves to travel and just returned from a three-week trek across Europe, where he visited France, England, Italy, and Germany. The Marketing and Communications office's previous senior marketing manager was Elizabeth Shook, who left Haas to spend more time at home.

Email: ckaufman@haas.berkeley.edu
Phone: 510-643-9977
Office: S544

Louise Severy to Manage Special Events

Louise Severy started June 28 as Haas' new special events manager. Working from the Development office at 2001 Addison St., she directs a variety of networking and fundraising activities for both Development and Alumni Relations. She also consults with departments at Haas' main campus on special events such as commencements, receptions, and banquets. Louise has worked as an event planner for non-profit organizations for the past 15 years, including four as event manager at the UC Office of the President just prior to joining Haas. In addition to her event planning work, Louise is an active volunteer for a variety of agencies that serve families in crises.

Louise holds a BS in public administration from George Mason University in Fairfax, Virginia. She enjoys gourmet cooking, vegetable gardening, hiking, and fly-fishing. Earlier this month she traveled to southern Spain with her husband and two kids as part of a home exchange with a Spanish family. She takes over for special events manager Rachel Fan-Ryan departed to spend more time with family and pursue her own business.

Email: louise@haas.berkeley.edu
Phone: 510-643-0474
Office: 2001 Addison St.

Haas NewsWire Now Publishes Every Other Week

Haas NewsWire is moving its publication schedule from weekly to every other week during the school semester starting today (August 28, 2006). Please note that the next issue will come out on September 11, and every two weeks after that.

If you wish to publicize events or share your news with us, keep the new publication schedule into account. To send us news and events information, contact haasnews@haas.berkeley.edu.

Haas in the News

Laura Kray, associate professor in the Haas Organizational Behavior and Industrial Relations Group, was featured in the August 28 Financial Times article "How managers manipulate." The article was part of the Business Education series on female faculty titled "Women to Watch." For full article: http://www.ft.com/cms/s/520ab25c-3631-11db-b249-0000779e2340.html

Dean Tom Campbell was profiled in a major feature titled "Setting the Standard - This 'puddy-cat' trains boardroom tigers" in the Oakland Tribune on August 27. For full article: http://www.insidebayarea.com/search/ci_4236175

Aurora Biofuels, a Berkeley start-up co-founded by full-time Berkeley MBA 06s Matt Caspari and Guido Radaelli, was mentioned in the August issue of Biodiesel Magazine for winning the UC Berkeley Business Plan Competition. The article, titled "Aurora Energy wins Berkeley Award," is available at http://www.biodieselmagazine.com/article.jsp?article_id=1059

Professor Jonathan Leonard, who holds the George Quist Chair in Business Ethics, was quoted about the job market in an August 22 Business 2.0 story titled "The job numbers you really need to know: To fix the economy, we need to look past the headline employment figures - and instead study the creation and destruction of jobs."

A position paper on stock option expensing that was published in the summer issue of California Management Review was mentioned in several news outlets. The paper, which was co-signed by Dean Tom Campbell and Jerome Engel, executive director of the Lester Center for Entrepreneurship and Innovation, urged the Securities and Exchange Commission to repeal its rule on stock options expensing.

+ August 22 San Francisco Chronicle article titled "Firms accelerating stock-option availability." For full article: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/08/22/BUG2SKMID21.DTL
+August 18 AccountingWEB.com article titled "Accounting, Economic Experts Call Expensing Stock Options Improper Accounting." For full article:
http://www.accountingweb.com/cgi-bin/item.cgi?id=102475&d=815&h=817&f=816
&dateformat=%25B%20%25e,%20%25Y

 + August 17 Los Angeles Times article titled "Big Names in Finance Seek Repeal of Option-Cost Rule." For full article: http://www.latimes.com/business/la-fi-options17aug17,1,5477470.story

Cynthia Kroll, senior regional economist at the Fisher Center for Real Estate and Urban Economics, was quoted about real estate trends in a number of new outlets:

+ August 22 article titled "State 2nd in Housing Growth, Census Data Say" in the Los Angeles Times. For full article: http://www.latimes.com/news/local/la-me-housing22aug22,0,4042540.story?coll=
la-home-headlines

+ August 17 article titled "Home sales in East Bay down in July" in the Contra Costa Times. For full article: http://www.contracostatimes.com/mld/cctimes/business/industries/real_estate/
15293695.htm
+ August 2 article titled "Default notices on the rise" in the San Jose Mercury News and the Contra Costa Times. For full article: http://www.mercurynews.com/mld/mercurynews/news/breaking_news/15183037.htm
 
Severin Borenstein, the E.T. Grether Professor of Business Administration and Public Policy, commented on rising oil prices in an August 21 Fortune magazine article titled "What pipeline problem? Lost in the fallout from BP's shut-down at Prudhoe Bay is the fact that the system is getting better, and oil supplies are growing, says Fortune's Jon Birger." For full article: http://money.cnn.com/magazines/fortune/fortune_archive/2006/09/04/8384706/
 
Borenstein commented on a potential California-only global warming law in an August 14 Los Angeles Times article titled "Hostile Climate Greets Governor's Plan to Save Earth." For full article: http://www.latimes.com/business/la-fi-global14aug14,1,7477953.story?
coll=la-headlines-business
 
David Vogel, the Solomon P. Lee Distinguished Professor in Business Ethics and editor of California Management Review, wrote an article titled "Apple's iPod and the Market for Virtue," which was published in the August 14 San Francisco Chronicle. For full article:
http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/08/14/EDG0SJ7M3V1.DTL
&hw=vogel+apple+ipod&sn=001&sc=1000
 
David Robinson, a senior lecturer in the Haas Marketing Group, launched a new weekly question-and-answer column titled "Business Protocol" in the August 13 San Francisco Chronicle. For full article: http://www.sfgate.com/cgi-bin/article.cgi?f=/g/a/2006/08/13/robinson.DTL&hw=
david+robinson+haas&sn=001&sc=1000

Berkeley MBA 06 graduates Julien Decot and Steve Lee were mentioned in an August 12 Economist magazine article "The alliance against Google - Internet strategy" for their May 2006 study titled "eBay and Google: A Coopetition Perspective."

Professor Severin Borenstein was quoted on energy demand and prices in the following media:

+ July 13, KTVU Channel 2 on mideast tensions' effect on oil and gasoline prices
+ July 14, Telemundo TV on mideast tensions' effect on oil and gasoline prices
+ July 14, KGO radio on mideast tensions' effect on oil and gasoline prices
+ July 14, KCBS radio on mideast tensions' effect on oil and gasoline prices
+ July 24, NPR Marketplace on oil company profits
+ July 24, KCRW "Which Way LA?" on high electricity demand and capacity
+ July 24, KGO on high electricity demand and capacity
+ July 24, NBC Channel 11 on high electricity demand and capacity
+ July 24, KCBS radio on Proposition 87, oil severance tax
+ July 25, KGO radio on high electricity demand and need for time-varying pricing
+ July 26, KTVU Channel 2 on high electricity demand and need for time-varying pricing
+ July 28, KTVU Channel 2 on oil company profits
+ August 2, KPCC/KQED California Report on Ninth Circuit Court ruling on California electricity lawsuits
+ August 2, KCBS on Ninth Circuit Court ruling on California electricity lawsuits
+ August 2, NPR Talk of the Nation on real-time retail electricity pricing
+ August 4, KQED Forum on the state of the US airline industry
+ August 7, KTVU Channel 2 on the BP Alaska pipeline shutdown and effect on prices
+ August 7, KGO-TV Channel 7 on the BP Alaska pipeline shutdown and effect on prices
+ August 7, KCBS on the BP Alaska pipeline shutdown and effect on prices
+ August 7, KNX radio (Los Angeles) on the BP Alaska pipeline shutdown and effect on prices
+ August 8, NBC11 Channel 3 on the BP Alaska pipeline shutdown and effect on prices
+ August 8, KPIX Channel 5 on the BP Alaska pipeline shutdown and effect on prices
+ August 8, KRON Channel 4 on the BP Alaska pipeline shutdown and effect on prices
+ August 8, KGO radio on the BP Alaska pipeline shutdown and effect on prices
+ August 8, KCRW "Which Way LA?" on the BP Alaska pipeline shutdown and effect on prices

David Vogel, Solomon P. Lee Chair, was mentioned in a August 9 Hillsboro Free Press article titled "FREE FALLING-Heading north in search of a vacation." For full article: http://www.zwire.com/site/news.cfm?BRD=1163&dept_id=113335&
newsid=17030544&PAG=461&rfi=9

Borenstein was mentioned in several news outlets regarding the rise in oil prices:

+ August 9 Christian Science Monitor article titled "With Alaskan oil crimped, Californians look for options." For full article: http://www.csmonitor.com/2006/0809/p01s01-usec.html
+ August 9 Mercury News article titled "State could lead the clean energy market." For full article: http://www.mercurynews.com/mld/mercurynews/news/local/states/california/
northern_california/15235754.htm
(requires login)
+ August 8 Sacramento Bee article titled "State gas prices expected to rise 10 to 20 cents." For full article: http://www.sacbee.com/content/business/story/14290878p-15124208c.html
+ August 8 San Jose Mercury News article titled "Gas-pump jolt expected." For full article: http://www.mercurynews.com/mld/mercurynews/15223441.htm (requires login)
+ August 6 Arkansas Democrat Gazette article titled "Domestic refineries share some of blame for higher gas prices." For full article: http://www.nwanews.com/adg/Business/162744/
+ August 6 Columbus Dispatch article titled "Global market only one factor affecting price." For full article: http://www.columbusdispatch.com/business-story.php?story=dispatch/
2006/08/06/20060806-F2-00.html

+ August 6 Daily Breeze article titled "What's really behind rising gas prices?" For full article: http://www.dailybreeze.com/business/articles/3501806.html
+ August 3 Santa Cruz Sentinel article titled "The ever-rising price of gas causes business woes." For full article: http://www.santacruzsentinel.com/archive/2006/August/03/local/stories/03local.htm
+ August 3 United Press International article titled "Analysis: Calif. ballot weighs oil's costs." For full article: http://www.upi.com/Energy/view.php?StoryID=20060802-025032-2745r
+ August 2 TheState.com article titled "Even with reserve, worries keep natural gas prices high." For full article: http://www.thestate.com/mld/thestate/news/nation/15183684.htm
+ August 1 News & Observer article titled "Who's to blame for gas prices? Not just oil companies." For full article: http://www.newsobserver.com/104/story/466418.html
+ August 1 Petoskey News-Review article titled "Refineries share blame for outrageous gasoline prices." For full article: http://www.petoskeynews.com/articles/2006/08/01/news/local_regional/news02.txt
+ August 1 Pittsburgh Post Gazette article titled "Domestic refining a culprit in rising prices for gasoline." For full article: http://www.post-gazette.com/pg/06213/710076-185.stm
+ July 30 Lincoln Journal Star article titled "From $3 gas, who's making the money?" For full article: http://www.journalstar.com/articles/2006/07/30/business/doc44ca7832317a7166843710.txt
+ July 26 Rocky Mountain News article titled "Review shows refiners make more per gallon." For full article: http://www.rockymountainnews.com/drmn/energy/article/
0,2777,DRMN_23914_4870218,00.html

+ July 25 KCBS story titled "Prop 87 Causing A Stir During Summer Travel Season." For full article: http://kcbs.com/pages/60763.php?
+ July 24 Marketplace story titled "Big week for oil." For full article: http://marketplace.publicradio.org/shows/2006/07/24/AM200607243.html
+ July 22 Evansville Courier & Press article titled "Fake 'Bush' ad offers tainted praise." For full article: http://www.courierpress.com/news/2006/jul/22/fake-bush-ad-offers-tainted-praise/

Henry Chesbrough, executive director of the Center for Open Innovation, was quoted in an August 8 Dallas Morning News article titled "Expanding the fold" regarding R&D for fast innovation. For full article: http://www.dallasnews.com/sharedcontent/dws/bus/stories/
DN-kcinnovate_08bus.ART.State.Edition1.1f52a1b.html

David Teece, Mitsubishi Bank Professor of International Business and Finance, was mentioned in an August 7 Daily Hampshire Gazette article titled "Board weighing tree flap, ZBA to meet again on developer issue."

Rose Duignan, a Berkeley-Columbia Executive MBA student, was featured in several news outlets for becoming a co-owner of the Dinner Source, a "dinner-assembly" company:

+ August 7 Detroit News article titled "No-hassle home cooking," For full article: http://www.detnews.com/apps/pbcs.dll/article?AID=/20060807/
LIFESTYLE/608070348/1042/LIFESTYLE05

+ July 12 San Francisco Chronicle article titled "Some assembly required; Pre-prepared meal companies entice time-starved families." For full article: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/07/12/FDGCEJQO001.DTL

Waverly W. Ding, assistant professor in the Organizational Behavior and Industrial Relations Group, was featured in news outlets for her report "Gender Differences in Patenting in the Academic Life Sciences."

+ August 6 ag-IP-News article titled "Large Gender Gap in Patenting Among Life Science Scientists - Kauffman Foundation Study Reveals." For full article: http://www.ag-ip-news.com/GetArticle.asp?Art_ID=3389&lang=en
+ August 4 San Jose Business Journal article titled "Study finds gender patent gap in life sciences." For full article: http://sanjose.bizjournals.com/sanjose/stories/2006/07/31/daily81.html?jst=b_ln_hl
+ August 4 Science Magazine article titled Gender Differences in Patenting in the Academic Life Sciences." For full report: http://www.sciencemag.org/cgi/content/full/313/5787/665

Jim Prost, who teaches strategic marketing management in the Berkeley MBA program, was quoted in an August 6 Malaysia Star article titled "EQ vs IQ" regarding the importance of innovation. For full article: http://thestar.com.my/education/story.asp?file=/2006/8/6/education/14971559

Benjamin Hermalin, Willis H. Booth Professor of Banking and Finance, was quoted in an article titled "Close ties, bad timing: Options backdating scandals puts valley VIPs in bad light," in the July 28 Silicon Valley/San Jose Business Journal. For full article: http://sanjose.bizjournals.com/sanjose/stories/2006/07/31/story1.html?hbx=e_sw. The same article ran on August 4 on MSNBC. For full article: http://msnbc.msn.com/id/14191056/

Marjorie DeGraca, director of part-time MBA admissions, was quoted in the August 4 San Francisco Business Times in an article titled "Networking opportunities can offset cost of executive MBA."

The Berkeley MBA was featured in an August 4-10 San Francisco Business Times article titled "Largest MBA Programs in the Greater Bay Area."

Cynthia Kroll, senior regional economist for the Fisher Center for Real Estate and Urban Economics, was quoted in an August 2 Contra Costa Times article titled "Default notices on the rise." For full article: http://www.mercurynews.com/mld/mercurynews/news/breaking_news/15183037.htm

The Haas School was mentioned in an August 1 CBS Channel 5 story titled "Nike Founder Gives $105 Million to Stanford," regarding the $25 million donated to the Haas School of Business in 2005. For full article: http://cbs5.com/localwire/localfsnews/bcn/2006/08/01/n/
HeadlineNews/DONATION-UNIVERSITY/resources_bcn_html

Terrance Odean, professor in the Haas Finance Group, was mentioned in several news outlets regarding his study of how men and women differ when it comes to investing:

+ August 2 Dominion Post article titled "Wary women worth their weight in gold." For full article: http://www.stuff.co.nz/stuff/0,2106,3750860a1864,00.html
+ July 31 Bankrate article titled "Testosterus." For full article: http://www.bankrate.com/brm/news/investing/20060724a2.asp?caret=2
+ July 24 MarketWatch article titled "Freudian slips trip macho investors." For full article: http://www.marketwatch.com/news/story/story.aspx?guid=
%7B8F7F677A-FD3C-43C2-B885-302FECFB61EF%7D

Borenstein was quoted in several news outlets regarding California's energy problems:

+ July 30 Contra Costa Times article titled "Power failures 'a wake-up call.'" For full article: http://www.contracostatimes.com/mld/cctimes/news/local/states/california/15157829.htm
+ July 29 Helena Independent Herald Record article titled "California's record-breaking heat wave ends." For full article: http://www.helenair.com/articles/2006/07/29/national/a04072906_02.txt
+ July 29 Mercury News article titled "New push to boost peak energy rates." For full article: http://www.mercurynews.com/mld/mercurynews/business/15152347.htm
+ July 25 Sacramento Bee article titled "Work force pushes power supply to the limit." For full article: http://www.contracostatimes.com/mld/cctimes/news/state/15116481.htm
+ July 25 San Francisco Chronicle article titled "Phew! Power use soars -- California barely dodges rolling blackouts - Energy on brink: State has added only 6,774 megawatts since '01." For full article: http://www.sfgate.com/cgi-bin/article.cgi?f=/c/a/2006/07/25/POWER.TMP
+ July 24 Mercury News article titled "California avoids rolling blackouts - barely." For full article: http://www.mercurynews.com/mld/mercurynews/news/local/15114582.htm

John Morgan, professor in the Haas Economic Analysis and Policy Group, was mentioned in a July 26 Auctionbytes article titled "BookFinder.com Makes Comparison Shopping More Transparentm," regarding his study on eBay. For full article: http://auctionbytes.com/cab/abn/y06/m07/i26/s02

Chesbrough was mentioned in an article titled "With 'open innovation,' no idea is left behind," which was published in:

+ July 21 CNET News.com article. For full article: http://news.com.com/With+open+innovation,+no+idea+is+left+behind/
2100-1014_3-6096783.html

+ July 21 ZDNet article. For full article: http://news.zdnet.com/2100-9595_22-6096783.html

Professor Barry Staw, chairman of the Haas Organizational Behavior and Industrial Relations Group, was featured in news outlets regarding his study that found that individuality, rather than teamwork, may be key to creativity and innovation:

+ July 20 Contra Costa Times article titled "Standing out means standing tall." For full article: http://www.contracostatimes.com/mld/cctimes/news/local/states/california/15080791.htm
+ July 19 Central Valley Business Times article and interview titled "Too much teamwork can stifle creativity in your company." For full article: http://www.centralvalleybusinesstimes.com/stories/001/?ID=2486
+ July 19 Reuters article titled "Workplace focus on individual fuels creativity." For full article: http://today.reuters.com/news/articlenews.aspx?type=domesticNews&storyID=
2006-07-19T180251Z_01_N18454694_RTRUKOC_0_US-LIFE-WORK.xml&archived=False

Chesbrough was quoted in news outlets regarding Microsoft's willingness to experiment with business models:

+ July 20 LinuxWorld article titled "Microsoft executive lauds open source." For full article: http://www.linuxworld.com.au/index.php/id;334709897;fp;4;fpid;3
+ July 19 InformationWeek article titled "Thumbs Up Or Down? Microsoft Licenses Out Technology That Detects Hand Gestures." For full article: http://www.informationweek.com/news/showArticle.jhtml?articleID=190900044
+ July 19 InternetNews.com article titled "Microsoft Reaches Gesture-Based Licensing Agreement." For full article: http://www.internetnews.com/dev-news/article.php/3621221

An opinion piece by Dean Tom Campbell and Leon Panetta titled "Policy-makers should look to Californians for decisions," was published in the San Jose Mercury News on July 20. For full article: http://www.mercurynews.com/mld/mercurynews/news/opinion/15080762.htm

Borenstein was quoted in a July 19 Contra Costa Times article titled "PG&E seeks approval for real-time metering." For full article: http://www.contracostatimes.com/mld/cctimes/news/local/states/california/15075124.htm

The UC Berkeley Business Plan Competition was mentioned as one of several similar contests in a July 19 Los Angeles Times article titled "Real-Life Lessons in Student Contests." For full article: http://www.latimes.com/business/la-fi-smallbiz19jul19,1,6567651,full.column?coll=
la-headlines-business

Odean was mentioned in a July 18 MarketWatch article titled "'Lazy Portfolios' -- boring midyear winners!," regarding his study on investment For full article: http://www.marketwatch.com/News/Story/Story.aspx?dist=newsfinder&siteid=
google&guid=%7BDB2FE1FE-444D-4D59-AF7B-3BF006881A2E%7D
&keyword
=

The Haas School's Intel+Berkeley Technology Entrepreneurship Challenge was mentioned in a July 18 article titled "Intel collaborates with the Arab Science & Technology Foundation" in AME Info, a Middle Eastern business news and information website. For full article: http://www.ameinfo.com/91787.html

Robert Edelstein, professor in the Real Estate Group, was mentioned in a July 17 CoStar Group article titled "CoStar Deals in the Works for July 16th - 22nd." For full article: http://www.costar.com/News/Article.aspx?id=
C773B0AE3C53AF28EBC38D7BBF9741D3

Philip Tetlock, Lorraine Tyson Mitchell Chair II in Leadership and Communication and
professor of Leadership, was featured in news outlets regarding his book, Expert Political Judgment: How Good Is It? How Can We Know?:

+ July 13 Motley Fool article titled "Boeing Flaps Its Arms for Take-Off." For full article: http://www.fool.com/news/mft/2006/mft06071316.htm
+ June 30 Science Magazine book review titled "The Perils of Prognostication."

Edelstein was mentioned in a July 12 Knowledge@Wharton online article titled "Commercial Real Estate's Perfect Storm: What Lies Ahead?" For full article: http://knowledge.wharton.upenn.edu/article.cfm?articleid=1517

Happening at Haas

BERKELEY ENTREPRENEURS FORUM
Overview in Venture Capital and Trends in Financing
Monday, August 28
6:30 to 8:30 p.m.
Arthur Andersen Auditorium, Haas School of Business
The inaugural program of the 06-07 season starts with an annual assessment of the venture financing environment. The panel includes Brian Atwood, co-founder, Versant Ventures; Steve Bengston, managing director, PricewaterhouseCoopers; Greg Gretsch, managing director, Sigma+Partners; and Mitchell Kertzman, partner, Hummer Winblad Venture Partners. The program will be moderated by Robert Dellenbach, partner of Fenwick & West. For more information, visit http://entrepreneurship.berkeley.edu/aug06.asp.

DEAN'S SPEAKER SERIES
Kirk Hachigian, CEO and Chairman of Cooper Industries
Thursday, September 21
2:00 to 3:00 p.m.
S480
Mr. Hachigian will speak as part of Professor Cameron Anderson's class "Power & Politics in Organizations," but the event is free and open to all.

SECOND ANNUAL "INVESTING IN EMERGING MARKETS: CHINA, INDIA, RUSSIA" CONFERENCE
Friday, October 6
8:30 a.m. to 5:30 p.m.
Arthur Andersen Auditorium, Haas School of Business
Sponsored by the Clausen Center for International Business & Policy and the Institute of Management, Innovation & Organization. For more information and to register: http://haas.berkeley.edu/HaasGlobal/emergingmarketsconference.html.

Alumni Events

NEW ENGLAND ALUMNI - Cross-Business School Happy Hour
Tuesday, September 5
6:00 to 9:00 p.m.
Julien Bar and Lounge, Langham Hotel, 250 Franklin Street, Boston
Join alumni from Wharton, Sloan (MIT), INSEAD, IMD, Stanford, Stern (NYU), Tuck (Dartmouth), SOM (Yale), London Business School, Johnson (Cornell), Fuqua (Duke), Harvard, and Columbia for the monthly Cross-Business School Happy Hour (first Tuesday of every month). For more information, contact Celine Pan at celine_pan@yahoo.com

NEW ENGLAND ALUMNI - Evening With Rich Lyons, Executive Associate Dean
Tuesday, September 12
6:00 to 8:30 p.m.
Union Club, 8 Park Street, Boston
Join fellow Haas alumni for a lively discussion on the recent work of Thomas Friedman, Pulitzer Prize-winning foreign affairs columnist for The New York Times titled "Is The World Flat?" The discussion will be led by Rich Lyons, executive associate dean and Sylvan Coleman Chair of Finance. To register, go to http://www.acteva.com/booking.cfm?bevaid=116799.com. For more information, contact Celine Pan at 617-283-1562 or celine_pan@yahoo.com

BAY AREA BCMBA ALUMNI - 2nd Annual Berkeley-Columbia Gala and Benefit Auction
Saturday, September 16
5:00 to 9:00 p.m.
Runnymede Farms, 980 Runnymede Road, Woodside, California
Berkeley-Columbia Executive MBA alumni and guests are invited to the 2006 Berkeley-Columbia MBA Gala. We will celebrate five successful classes of Berkeley-Columbia MBA students, continuing our legacy of socializing and beginning a legacy of leading fellow alumni in giving back to our alma maters. Runnymede Farms in Woodside features outdoor sculpture gardens and an astounding collection of art. You will have the chance, through a silent auction, to make a donation that will be counted towards your annual giving. Distinguished guests include the Haas School's Dean Tom Campbell and Executive Associate Dean and Sylvan Coleman Chair in Finance Richard K. Lyons as well as Ethan Hanabury, associate dean and acting dean of EMBA programs at Columbia University. To register, go to http://www.acteva.com/booking.cfm?bevaid=115114. For more information, contact bcgala@gmail.com.

LOS ANGELES ALUMNI - Real Estate Presentation: "Bubble, Bubble, Toil and Trouble: Trends in California Real Estate"
Monday September 25
6:30 to 9:00 p.m.
Luxe Hotel, 11461 Sunset Boulevard (near the 405), Los Angeles, California
The Haas Alumni Network of Los Angeles in association with The Brentwood News presents: "Bubble, Bubble, Toil and Trouble: Trends in California Real Estate." Professor Robert Edelstein will lead a panel that includes Dr. Chris Thornberg, Principal of Beacon Economics and former senior economist of UCLA's Anderson Forecast, and Paul Wylie, CEO of Metrocities Mortgage, addressing the factors affecting the fragile nature of California real estate. Speakers will discuss the effects of the multi-faceted and international macroeconomic issues and expectations of the degree and speed at which real estate, residential and commercial, will deflate in value due to these factors. To register, go to http://www.acteva.com/booking.cfm?bevaID=115886. For more information, contact Brian Saltsburg at (818) 995-8729.

Seminars

OBIR Colloquium
Social gathering with refreshments
Wednesday, August 30
4:00 to 5:30 p.m.
Room C325 Cheit Hall
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

OBIR Colloquium
Brian Lowery, Graduate School of Business, Stanford University
Wednesday, September 6
4:00 to 5:30 p.m.
Room C325 Cheit Hall
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

Finance Seminar
"Optimal Contracts in Executive Compensation" by Jaksa Cvintanic, Cal Tech
Thursday, September 7
4:10 to 5:40 pm
Room C210 Cheit Hall
For more information, contact June Wong at june@haas.berkeley.edu.

OBIR Colloquium
Damon Phillips, Graduate School of Business, University of Chicago
Wednesday, September 13
4:00 to 5:30 p.m.
Room C325 Cheit Hall
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

Finance Seminar
Tarun Chordia, Emory University
Thursday, September 14
4:10 to 5:40 p.m.
Room C210 Cheit Hall
For more information, contact June Wong  at june@haas.berkeley.edu.

OBIR Colloquium
Mike Haselhuhn, Ph.D. candidate
Wednesday, September 20
4:00 to 5:30 p.m.
Room C325 Cheit Hall
For more information, contact Deborah Houy at houy@haas.berkeley.edu.

The Haas NewsWire is the bi-monthly electronic news publication for the Haas community published every Monday by the Marketing and Communications Office at the Haas School. Send your news, feedback, and suggestions to haasnews@haas.berkeley.edu.

Archived issues of Haas NewsWire are available online at http://haas.berkeley.edu/groups/newspubs/haasnews/archives/hnarchiv.html

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