Haas NewsWire

Haas NewsWire, September 22, 2003

Wells Fargo's Richard Kovacevich to Give First Dean's Lecture of the Semester, Oct. 6
Berkeley MBA Program Again Tops in the West in Wall Street Journal Rankings
Paul Krugman to Speak on the War in Iraq and the American Economy, Sept. 26
Join in the Haas Spirit: Attend Pre-Game Tailgate Parties
Faculty News
Haas in the News
Happening at Haas

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Richard Kovacevich, chairman and CEO of the nation's fourth largest bank, Wells Fargo & Company, will be the first speaker in the Dean's Speakers Series this fall at the Haas School of Business.

Kovacevich's lecture takes place on Monday, October 6, at 5:30 p.m. in the Arthur Andersen Auditorium. Seating will be first-come, first-served.

Often quoted as saying "Banking is dead," Kovacevich has been pushing the idea of cross-selling financial services, not just banking services, for years. He told Money magazine in a profile in September 2003, "We're not in the banking business. We're in the money business." San Francisco-based Wells Fargo now sells its average customer four financial products, when the national average for banks is two. Kovacevich hopes to bring the number to nine products at Wells Fargo.

When Kovacevich engineered the purchase of Wells Fargo by Minneapolis-based Norwest in 1998, where he previously served as chairman and CEO, he purposefully spread the merging of the two institutions over three years. In that time he strove to build a new corporate culture and minimize reductions in staff.

Kovacevich came to banking first at Citibank, after a stint in marketing at General Mills. In 1986 he joined Norwest. He holds a bachelor's and master's degrees in industrial engineering and an MBA from Stanford University.

For more information on this and other lectures in the Dean's Speakers Series, please contact Susie Hanna at hanna@haas.berkeley.edu.

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The Haas School was rated as having the best MBA program in the western United States and the 14th best overall program in the world in latest Wall Street Journal/Harris Interactive rankings of corporate recruiters' favorite MBA programs worldwide. The rankings were published on Tuesday, September 16.

Haas moved up one place in the overall ranking from last year's survey, and retained its "Best in the West" title for the third year in row. Among western US business schools, Haas placed ahead of Brigham Young (#26 overall), Stanford (#30), UCLA's Anderson School (#38), and USC's Marshall School (#40).

"We are delighted that the Wall Street Journal/Harris Interactive rankings again confirm that we have one of the best MBA programs in the world," said Dean Tom Campbell. "While we can be pleased that we moved up again in this ranking, we will continue to work hard to make our school even stronger in the months and years ahead."

The Berkeley MBA Program also ranked 7th best among public business schools, 5th best among small MBA programs (of less than 500 students), and 2nd best for hiring of women among the top 50 ranked MBA programs.

Haas was also recognized by technology industry recruiters as being the second best school for hiring, and was cited by recruiters for having the 5th best entrepreneurship program.

The Haas School was featured in the survey as one of the ten "Hidden Gems," which the newspaper described as schools that "recruiters consider a ripe source of talented MBA hires but that don't receive the attention and respect that they deserve." The Wall Street Journal referred to the Haas School's strengths in entrepreneurship and technology management and its emphasis on corporate social responsibility, citing the Global Social Venture Competition. The school's students were rated by recruiters for possessing strong teamwork skills, analytical and problem-solving abilities, and personal ethics and integrity.

The annual Wall Street Journal/Harris Interactive ranking is based surveys completed by 2,191 recruiters whose names were submitted by 395 accredited US and 73 international business schools. The scores were based on how recruiters rated each business school on 26 attributes (80%), as well as the number of respondents who said they recruited at the school (20%).

For more on the Wall Street Journal rankings, go to http://www.careerjournal.com/specialreports/bschool04/.

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Paul Krugman, a New York Times columnist and professor of economics and international affairs at Princeton University, will offer his views on the war in Iraq and its effects on the US economy at a special lecture on Friday, September 26.

Note: The time and place of this event have changed. It will now take place at noon in the Arthur Andersen Auditorium. The event is free and open to the public. Seats are available on a first-come, first-served basis.

Described as "the most important political columnist in America" by Washington Monthly, Krugman writes a column that appears twice weekly in The New York Times and has edited or written 20 books and more than 200 professional journal articles. He received the John Bates Clark medal, awarded to top economists under 40, in 1991.

In his latest book "The Great Unraveling: Losing Our Way in the New Century," Krugman gathers together his Op-Ed columns along with other materials to critique the nation's economic and social policies. He has commented that reading his book may lead to what he calls "the great revulsion: a moment in which the American people look at what is happening, realize how their good will and patriotism have been abused, and put a stop to this drive to destroy much of what is best in this country."

This event is co-sponsored by the Graduate School of Journalism, the World Affairs Council of Northern California, and the Haas School of Business.

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Looking to connect with former classmates and make new Haas School friends before the home games this fall? Then come and join alumni and students in the Haas Courtyard for the tailgate parties on September 27, October 4, October 25, and November 15 from noon to 2:00 p.m.

This Saturday, September 27, Cal takes on USC in the first Pac-10 game of the year.

All alumni and current students are invited to gather in the Haas courtyard for beer, soda, and snacks sponsored by the MBA Association. The price of admission is a current business card.

For more information on this fall's Alumni Tailgate Parties or other student-alumni events, please visit the website at: http://www.haas.berkeley.edu/alumni or contact Mark Gervase, MBAA VP Alumni Affairs, at mgervase@mba.berkeley.edu.

Please note that game times are subject to change and that football tickets are not included with the tailgate party registration. They can be purchased by calling 1-800-GO BEARS.

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Faculty News


Dean Tom Campbell will speak at annual luncheon for the Emeryville Chamber of Commence and Industries Association on Tuesday, September 23. He will speak on "A New Course of Business Ethics for the 21st Century." For more information on, visit www.emeryvillechamber.com


Kellie McElhaney, adjunct professor and executive director of the Center for Responsible Business, will moderate a panel titled "Can Businesses Do Well By Doing Good? The Changing Role of Corporate Responsibility" at the Commonwealth Club of California on Tuesday, October 7.

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The Haas School of Business and Jennifer Chatman, the Paul J. Cortese Distinguished Professor of Management, were mentioned in the Wall Street Journal's College Journal section on September 19 in an article titled "MBA Programs Focus on Leadership Skills." Chatman commented that leadership skills can be learned. For full text: http://www.collegejournal.com/mbacenter/mbatrack/20030915-alsop.html

Teck Ho, William Halford Jr. Family Professor of Marketing, was quoted in the Tri-Valley Herald on September 19 in an article titled "Customers Laud Cut in CD Prices: Buyers Rejoice, But Move Might Squeeze Profits of Independent Music Stores." For full text: http://www.trivalleyherald.com/cda/article/print/0,1674,86%257E10676%257E1612760,00.html

Janet Yellen, the Eugene E. and Catherine M. Trefethen Professor of Business Administration, was quoted in the Australian Financial Review on September 18 in an article titled "Jobs Outlook the Main Concern in US."

Janet Yellen was mentioned in the Wall Street Journal on September 17 in an article titled "Fed Holds Rates Steady, Citing Risks of Low Inflation." A similar article ran in the Washington Post. For full text: http://www.washingtonpost.com/ac2/wp-dyn/A21711-2003Sep16?language=printer

The Haas School of Business was featured in the Wall Street Journal's ranking on September 17 in an article titled "The Hidden Gems: A Look at Schools That Recruiters Say Don't Get Enough Respect."

The Haas School of Business was mentioned in the Sacramento Business Journal on September 16 as the "top business school of the west" according to the recent Wall Street Journal ranking. For full article, visit: http://sacramento.bizjournals.com/sacramento/stories/2003/09/15/daily13.html?jst=b_ln_hl

The Haas School of Business was mentioned in the Oakland Tribune on September 16 in an article titled "Insurers Offer Coupons for Generic Drugs." The article mentioned that faculty members from the Haas School of Business will monitor and evaluate the program's effectiveness. For full text, visit: http://oaklandtribune.com/Stories/0,1413,82~1865~1635143,00.html

Karlene Roberts, professor in the Organizational Behavior and Industrial Relations group, was quoted in the Orlando Sentinel article "NASA Avoids Pinning Blame for Columbia" about how NASA administrator Sean O'Keefe dodged the question on who was to blame for the Columbia shuttle disaster on September 14. Roberts commented on the difficulty of balancing the creation of an an open culture in which people can speak up with the need for creating accountability.

Patrick Awuah and Nina Marini, both MBA 99, were featured in The Seattle Times on September 14 in an article titled "Ghana Native Left Microsoft to Sow Seeds of African Ivy League." For full text, visit: http://seattletimes.nwsource.com/html/businesstechnology/2001728355_ghana14.html

David Vogel, the George Quist Professor of Business Ethics Chair in the Haas Business and Public Policy Group, was quoted in the Los Angeles Times on September 14 in an article titled "US, State Clash Over Environment."

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Alumni Events

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