Haas NewsWire

Haas NewsWire, September 4, 2001

Social Venture Competition Expands into New National Partnership
Blue Martini CEO Zweben to Give Keynote at 2001 Knowledge Forum
Michael Katz to Serve as Deputy Assistant Attorney General for Economic Analysis
Leading Edge: The Future Comes to Haas
The First of Six New Faculty Profiles: Terrence Hendershott Joins the Manufacturing and Information Technology Group
Haas CEO Exchange to Air on PBS in September
Diane Dimeff Heads for Colorado as Assistant Dean for MBA Programs at CU Boulder
The Summer 2001 Issue of the California Management Review is Available
Haas in the News
Happening at Haas
Alumni Events

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The Haas School of Business and Columbia Business School have formed a joint partnership with The Goldman Sachs Foundation to expand the Haas Social Venture Competition into the National Social Venture Competition. The competition invites aspiring entrepreneurs to develop plans for businesses that have a clear, quantifiable social return as well as a healthy financial bottom line.

The National Social Venture Competition originated in 1999 as a student-organized social venture competition at the Haas School of Business. In the past few years, the competition has attracted more than 100 teams from business schools across the United States and Europe. The new partnership with Columbia Business School and The Goldman Sachs Foundation will expand the competition's reach and scale.

The Goldman Sachs Foundation will underwrite the competition with a gift of $1.5 million to help build a national platform for social entrepreneurship. "This innovative program is an important milestone in the social enterprise field and presents a unique opportunity to advocate high quality entrepreneurship education on a national scale," said Stephanie Bell-Rose, president of The Goldman Sachs Foundation. "The program underscores the Foundation's mission of supporting educational excellence by encouraging outstanding students to develop the tools that help them become the global leaders of tomorrow."

"The National Social Venture Competition reflects the growing commitment of business leaders and entrepreneurs to foster profitable activities that address major social challenges, such as protecting the environment, preventing disease, and improving educational outcomes," said Laura Tyson, dean of the Haas School of Business. "Haas MBA students have done an outstanding job in launching a business plan competition to promote socially responsible business ventures. Our new partnership with Columbia University's business school and The Goldman Sachs Foundation will increase public awareness of these issues and encourage business students to employ the tools of business to create positive social change."

Throughout the year, the entrepreneurship centers of the two business schools will coordinate with The Goldman Sachs Foundation to organize and promote national events in the San Francisco Bay Area and New York. The Eugene M. Lang Center for Entrepreneurship at Columbia Business School will host an inaugural symposium on October 5 in New York City. The symposium will feature a public dialogue with leaders in the social entrepreneurship arena to explore the growing demand and marketplace expectations for social ventures.

Throughout the year, both schools will host additional events to encourage participation and evaluate submissions. Mentoring workshops will take place at Columbia Business School and the Haas School with prominent investors and alumni helping teams to perfect their business plans and presentations. The teams' executive summaries are due on January 18, 2002.

The 2001/2002 national competition finals, hosted by the Haas School's Lester Center for Entrepreneurship and Innovation, will take place at UC Berkeley on April 5-6, 2002.

"This unique and powerful partnership reflects Columbia's commitment to supporting entrepreneurship as a vehicle for social change," remarked Meyer Feldberg, dean of Columbia Business School. "Tomorrow's business leaders must grasp more than convention; they must also be prepared to develop and steer businesses of all sizes and types through a global economy that demands consideration not only of profit and shareholder value, but also of broader human interests."

Teams in this year's competition can look to past participants in the Haas Social Venture Competition for inspiration in launching social ventures. Previous participants who have gone on to establish businesses include:

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The fifth annual UC Berkeley Forum on Knowledge and the Firm will explore "New Patterns of Management in the Knowledge Economy" in the Arthur Andersen Auditorium on September 21. Leading thinkers and practitioners in the field of knowledge management will discuss the new patterns of management that are emerging as companies experiment and adapt different ways to beat their competition.

The Knowledge Forum is organized annually by the Institute of Management, Organization, and Innovation (IMIO) at the Haas School. This event is open to faculty, students, staff, alumni, and members of the public. The registration fee will be waived for faculty and UC Berkeley students. Students need to register by September 14.

The keynote address will be given by Monte Zweben, chairman, president, and CEO of Blue Martini Software, which helps companies understand, target, and interact with their customers and business partners. Prior to founding Blue Martini, Zweben was vice president and general manager of PeopleSoft's manufacturing industry unit. In 1992 he co-founded Red Pepper Software Company, and was CEO, president, and chairman.

Dean Laura Tyson will give the opening remarks, followed by three sessions of panelists featuring Ikujiro Nonaka, Xerox Distinguished Professor in Knowledge; David Teece, Mitsubishi Bank Professor of International Business and Finance and director of IMIO; Susan DeSanti, Deputy General Counsel for Policy Studies, FTC; Seiji Horibuchi, president, VIZ Communications, Inc.; and Saburo Kobayashi, general manager, Corporate Planning, Honda.

For registration information, please visit http://groups.haas.berkeley.edu/imio/knowledge/index2001.htm.

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Michael Katz, the Edward J. and Mollie Arnold Professor of Business Administration, has been appointed the deputy assistant attorney general for economic analysis in the Antitrust Division of the Department of Justice. As deputy assistant attorney general, Katz will supervise all economic analysis within the Antitrust Division and direct the division's Economic Analysis Group.

"Like the stereotypical economist, I look at Michael's appointment from two perspectives," says Ben Hermalin, associate dean of academic affairs. "On the one hand, I can't think of a Haas faculty member who'd be harder to lose for a year or two than Michael. On the other hand, I can't think of an economist I'd trust more to advise the nation on antitrust matters than Michael. I just hope the current administration has sufficient sense to listen to Michael and take his advice seriously."

Since 1987, Katz has served as a professor at the Haas School of Business. In addition to researching on competitive strategy in systems markets, vertical integration, cooperative research and development, and antitrust in high-tech industries, he also directs the school's Center for Telecommunications and Digital Convergence. In 1989 and 1993, he was awarded the Earl F. Cheit Outstanding Teaching Award.

From 1994 to 1996, Katz served as Chief Economist at the Federal Communications Commission, where he was responsible for integrating economic analysis into all aspects of Commission policy making. He formulated and implemented regulatory policies for all industries under the FCC's jurisdiction, including cable and broadcast television and local, long distance, and wireless telephony. In 1996 he was recognized with the FCC chairman's Special Achievement Award for his excellence in service at the commission.

He graduated summa cum laude from Harvard University in 1978, where he was awarded a prize as the top graduate in economics. He received his Ph.D. from Oxford University in 1982. A frequent lecturer and author of numerous articles on antitrust and consumer issues, Katz is also co-editor of the California Management Review and the Journal of Economics and Management Strategy.

"Michael Katz is a leading scholar with extensive experience in issues important to the Antitrust Division," said Charles A. James, assistant attorney general for antitrust. "His keen insight will be of great advantage to the department as we work to protect competition in today's global economy. We are privileged to have him join us."

Carl Shapiro, the Transamerica Professor of Business Strategy and director of the Institute of Business and Economics Research (IBER), was the deputy assistant attorney general for Economics in the Antitrust Division from 1995 to 1996.

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This year's Leading Edge Conference, titled "@ the intersection of business, technology, and leadership," will bring heavy hitters from the business and technology sectors to Haas to discuss the future of their industry. Scheduled for September 21 and 22, the Leading Edge Conference has traditionally been one of the largest of the student-run conferences at Haas.

This year the conference will have 15 panel discussions with over 70 of the most influential minds in technology and business today, the EdgeXpo technology fair, and the opportunity to network and drop resumes with some of the top technology firms in the industry who will be making special appearances on campus for this event only.

As part of the keynote schedule this year, the organizers are debuting the Edge Futurists' Forum -- a keynote discussion session about the future of technology between industry innovators from Sun Microsystems, Xerox Parc, and the Institute for the Future. This event includes distinguished visionaries such as John Gage, chief science officer of Sun Microsystems, and will be hosted by Business 2.0 President Ned Desmond. Brian Bogosian, president and CEO of Visto Corporation, will be the closing keynote speaker on Saturday evening.

For more information on the conference or to register, please visit http://www.theleadingedge.org.

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Terrence Hendershott has joined the Haas faculty as an assistant professor of manufacturing and information technology.

Hendershott researches the information technology behind electronic stock markets. His previous position was as the Xerox Assistant Professor of Computers & Information Systems at the William E. Simon School of Business Administration at the University of Rochester.

Hendershott earned his bachelors in mathematics and statistics at Miami University. He spent several years in industry, first as a senior analyst at Andersen Consulting then as an associate at Cornerstone Research. He went on to earn his Ph.D. in operations, information, and technology at the Graduate School of Business at Stanford University in 1999.

In his dissertation at Stanford, Hendershott created a theoretical model of how electronic trading systems compete with stock exchanges. The largest electronic trading systems are electronic communications networks (ECNs), which are used for 30 to 40% of NASDAQ trades each day.

Hendershott is now looking at the impact that ECNs have had on stock trading. This includes the expansion of trading outside the normal trading day, the cost of trading using ECNs, and how the use of ECNs affects price discovery. "While the use of ECNs has grown dramatically since the mid-90s, unless there is some structural change in trading behavior, I don't think we will see 24-hour trading anytime soon," says Hendershott.

As a sideline to this work, Hendershott collaborates with his father, Patric, who is a professor of property economics and finance at the University of Aberdeen in Scotland, and his brother, Robert, who is an associate professor of finance at Santa Clara University. "The papers we wrote combined our interests in how the Internet is affecting the economy by examining real estate (malls in particular)," says Hendershott. "I expect I will continue to do some of these because they are fun and an excuse to interact with my father and brother more."

Hendershott will teach an information technology strategy course during the Spring 2002 semester. His office is in F596, his phone number is 643-0619, and his e-mail address is hender@haas.berkeley.edu.

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CEO Exchange, the PBS television program hosted by the Haas School, will be broadcast in early September. Filmed in the Zellerbach Auditorium on April 11, 2001, the program featured Cisco's John Chambers and HP's Carly Fiorina along with host Jeff Greenfield and an audience of Haas students, faculty, staff, and alumni. The show will air on local public television stations this month, on the following dates:

KQED, channel 9, Thursday, September 13, at 11:00 p.m.
KRCB, channel 22, Tuesday, September 11, at 9:00 p.m.
KTEH, channel 54, Thursday, September 13, at 10:00 p.m. and September 20 at 1:00 a.m.

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After serving for 8 years as director of the Haas School's Evening MBA Program, Diane Dimeff has accepted a position at the University of Colorado at Boulder as the assistant dean for MBA Programs. She will be leaving Haas on Friday, September 28.

"I'm very excited about the opportunity to help build and grow CU Boulder's MBA Programs, especially since Colorado has been a vacation destination for my family for so many years," says Dimeff. "It will be hard to leave Haas and UC Berkeley as I've been associated with the university for 30 years now, either as a student or as an employee. I'm very appreciative of the opportunity I've had to participate in the evolution of the Haas Evening MBA Program and thank the faculty, staff, students, alumni, and the administration for their support."

Under Dimeff's direction, the Evening MBA Program has grown from a San Francisco satellite to a thriving on-campus program. Her major accomplishments:

"We wish Diane great success at the University of Colorado, Boulder -- despite her new school having as a mascot a shaggy, plodding, female buffalo named Ralphie instead of a sophisticated, nimble bear named Oski!" says Andrew Shogan, associate dean of instruction.

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The Summer 2001 issue of the California Management Review (CMR) is now available. CMR, which is published by the Haas School, serves as a bridge of communication between those who study management and those who practice it. This issue includes articles from two symposia, one by Haas marketing professor Russell Winer on Customer Relationship Management and one on Systems Dynamics.

CMR articles in the Summer 2001 issue:

System Dynamics Modeling:
Tools for Learning in a Complex World
John D. Sterman

Tradeoffs in Responses to Work Pressure in the Service Industry
Rogelio Oliva

Past the Tipping Point:
The Persistence of Firefighting in Product Development
Nelson P. Repenning, Paulo Gonçalves, and Laura J. Black

Nobody Ever Gets Credit for Fixing Problems that Never Happened:
Creating and Sustaining Process Improvement
Nelson P. Repenning and John D. Sterman

A Framework for Customer Relationship Management
Russell S. Winer

Uncovering Patterns in Cybershopping
Wendy W. Moe and Peter S. Fader

The Customer Pyramid:
Creating and Serving Profitable Customers
Valarie A. Zeithaml, Roland T. Rust, and Katherine N. Lemon

Haas students receive CMR on a complimentary basis. It is available in the program offices and student lounges. The alumni subscription rate is $35 and the foreign alumni rate is $50. All the subscription info is at CMR's web site: http://www.haas.berkeley.edu/cmr/.

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A study of market analysts' performance for the year 2000, which was co-authored by Brett Trueman, the Donald and Ruth Seiler Professor of Public Accounting and chair of the Haas Accounting Group, and Reuven Lehavy, assistant professor in the Haas Accounting Group, appeared in The American Enterprise Online in their September issue. Read the full article here: http://www.taemag.com/taesep01b.htm.

Janet Yellen was mentioned in the Capital Markets Report on September 1 in an article about tax cuts and debt paydowns.

The Seattle Times quoted Severin Borenstein, the E.T. Grether Professor in Public Policy and Business Administration, on September 1 in an article about the absence of power blackouts this summer.

Ken Rosen, professor of the Haas Real Estate Group and chairman of the Fisher Center for Real Estate and Urban Economics, was featured in the Los Angeles Times on August 28 in an article about commercial real estate and in connection to Shorenstein Co. Read more here: http://latimes.com/templates/misc/printstory.jsp?slug=la%2D000069589aug28.

The Financial Times mentioned Raymond Miles, professor emeritus and former dean, in its August 21 issue in an article about the future of Hewlett-Packard. Read the full article here: http://globalarchive.ft.com/globalarchive/articles.html?print=true&id=010821007311.

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