UC Berkeley senior administrators, Haas School colleagues, friends, and family members gathered at the Women's Faculty Club on Thursday, October 10, to celebrate with Haas School Dean Emeritus Earl F. (Budd) Cheit the completion of his oral history transcript.
The nearly 500-page volume contains interviews conducted over three years by the Bancroft Library's Regional Oral History Office. It chronicles Cheit's life from his modest upbringing - he was the only child in his North Dakota family to graduate from college - to his exemplary career at the University of California.
Over the course of more than 40 years, Cheit devoted his service to the university and to higher education as teacher, researcher, and administrator. His most important roles are captured in the title of his oral history: "Professor, Vice Chancellor, Dean, Vice President, Athletic Director, Advisor, Trustee, University of California, 1957 to 2002."
An economist and lawyer by training, Cheit joined Berkeley's economics faculty and the Institute of Industrial Relations in 1957 and the School of Business in 1960. His oral history reveals how he came to be a faculty spokesperson during the Free Speech Movement of 1964, and how Chancellor Roger Heyns subsequently appointed him executive vice chancellor of the campus from 1965 to 1969. He served as acting vice president of the University of California system from 1981 to 1982.
Closer to home, Cheit served as dean of the business school twice - in 1976-82 and 1990-91. He played a leading role in the effort toward the school's new building and its naming after Walter A Haas, Sr., in 1989. Both the school's classroom wing and the award for excellence in teaching are named in his honor. He was presented with teaching awards by his business school students in 1986 and by the university's Academic Senate in 1989.
Highlights of his career include his pioneering work in the 1950s in the area of socially responsible business. His study of forty-one institutions of higher education, published as The New Depression in Higher Education, focused national attention on higher education finance and led to a follow-up study sponsored by the Carnegie Commission on Higher Education and a sabbatical year at the Ford Foundation in 1972. His work on Pacific Rim economies led him to assignments with the Asia Foundation and other organizations as adviser, author, and editor.
In addition, he is the founding chairman of the Cal Performances board and a trustee of the University Foundation. He has served on the boards of numerous companies and community organizations.
Giving the audience their insights into Cheit's life and career at Thursday's celebration were Robert H. Cole, law professor emeritus; Thomas Leonard, university librarian; Richard Candida Smith, director of the Regional Oral History Office and professor of history; Jan Holmgren, president of Mills College; Robert W. Cole, director of Cal Performances; Germaine LaBerge, oral history interviewer; John Searle, professor of philosophy; and of course Earl Cheit himself.
A bound copy of the oral history can be ordered from the Regional Oral History Office at 510-642-7395 or at email@example.com.
Two Haas School alumni entrepreneurs are proof that not every dot.com startup was wiped out during the bursting of the great economic bubble. GetRelevant, the online direct marketing services provider founded by Haas alumni Mitchel Harad and Rich Roberts of the MBA class of 1999, was acquired by Terra Lycos, the largest global Internet network, on October 7 for an undisclosed amount.
GetRelevant was formed in the summer of 1999 after the inaugural UC Berkeley Business Plan Competition. Since then, the San Francisco-based company secured over $8 million in funding and continued to prosper and grow.
"After being in business for three and a half years, we felt we needed a large partner who could bring the company to the next level and selected Terra Lycos after a long process," founding CEO Mitchel Harad wrote to classmates and friends. "It has been both incredibly challenging and rewarding to build an idea into a multimillion-dollar business, and I'm very pleased with how things turned out."
As part of the acquisition, Harad, 30, has left the company. He plans on taking some time off to "hang out" and travel with his wife, Kris.
His co-founder, Rich Roberts, will stay with the company for 90 days. "Then I will take some time off to consider my next move," he said. The 32-year-old got married this past weekend to Michelle Lee, a Berkeley economics alumna, BA 88. "So this change fits well with other big events happening in my life!"
GetRelevant's principal business is its online "co-registration offers" network, which allows registered users to receive highly targeted advertising and special offers from participating web sites. The network comprises over 100 leading e-commerce web sites. Its proprietary technology is said to be one of the best available for serving, processing, tracking, and reporting online consumer acquisitions via direct marketing programs.
Terra Lycos, headquartered in Barcelona, Spain, is a global Internet group with a presence in 42 countries in 20 languages, reaching 116 million individual users per month worldwide. The group grew out of Terra Networks' acquisition of Lycos in October 2000.
The San Francisco chapter of the Haas Aumni Network is hosting a venture capital panel to discuss the changing environment for venture creation and venture finance since the dot.com crash. The panel will be held on Tuesday, October 29 at the World Trade Club in San Francisco.
The panel features Ann Winblad, co-founding partner of Hummer Winblad Venture Partners and one of the leading venture capitalists in the Bay Area; Nick Sturiale, Haas MBA 00, partner, Sevin Rosen Funds; Raj Atluru, director, Draper Fisher Jurvetson; and moderator Keval Desai, Haas MBA '99, associate, Onset Ventures. The panel will address how venture capitalists have changed the way they operate over the last two years and how entrepreneurs must change the way they manage their startups to be successful in the current environment.
The evening will begin with cocktails at 6:30 p.m., followed by the panel discussion at 7:30 p.m. For directions to the World Trade Club, visit www.worldtradeclub.org. To register online, visit http://www.acteva.com/go/hansf.
The Haas School's Full-time MBA Program was rated the 13th best in the US in the 2002 Business Week ranking, released in the October 21 issue of the magazine. The Berkeley MBA Program moved up five places from the previous Business Week ranking in October 2000.
Business Week bases its ranking on a graduate survey and a recruiter survey, each of which accounts for 45% of the total score, and on a ranking of faculty research, which accounts for 10%.
The Haas School ranked third in intellectual capital (up from # 38 in 2002) and tenth in graduate surveys (up from #14).
Corporate recruiters rated Haas 16th (compared with 22nd in 2000) in the survey. A poll of recent Berkeley MBA graduates brought Haas a #10 ranking and placed it "near the top for introducing students to nontraditional recruiters," according to the magazine.
Business Week distributed a 46-question survey to recent MBA graduates at 88 business schools, receiving a total 11,518 responses. Of the 420 MBA recruiters surveyed, 219 responded.
For the "intellectual capital" ranking, Business Week tallied academic journal entries from 18 scholarly publications. Faculty whose books were reviewed in Business Week received extra points. The intellectual capital weighting was adjusted for school size.
The ranking and related articles are available at www.businessweek.com/bschools/.
A new ranking by the Economist Intelligence Unit (EIU), released Friday, October 11, placed the Full-time Berkeley MBA Program 20th best in the world, and 15th best in the US.
According to the EIU, the ranking sought to compare business school programs on their ability to provide students with new career opportunities (35%); personal development and educational experience (35%); increase in salary (20%); and potential to network (10%).
The EIU has been surveying, but not ranking, MBA students for 14 years. This year, EIU surveyed more than 18,000 MBA students and alumni about qualitative assessments of MBA programs and solicited admissions and placement data from the business schools themselves.
To view the EIU ranking, check http://www.economist.com/business/displayStory.cfm?story_id=1383461.
The Sixth Annual UC Berkeley Forum on Knowledge and the Firm will address, "Firm's Dynamic Capabilities and Knowledge Branding--Creative Organization in the Knowledge Era," at this year's event at Tokyo's Hitotsubashi University on October 24 and 25.
Organized jointly by UC Berkeley's Institute for Management, Innovation, and Organization (IMIO) and Hitotsubashi University's Graduate School of International Corporate Strategy (ICS), the forum will present six keynote addresses and five panels over the two-day event. This is the first year the event will not be held at the Haas School.
Keynote speakers include Haas' own David Aaker, E.T. Grether Professor Emeritus of Marketing and Public Policy and Ikujiro Nonaka (MBA 68, Ph.D. 72), Graduate School of International Corporate Strategy professor and Xerox Distinguished Professor at UC Berkeley. Yotaro Kobayashi, chairman of the board at Fuji Xerox, and Hiroyuki Yoshino, president of Honda Motor Company, will also give keynote addresses. Representatives from Toyota, Sony, The Aspen Institute, Xerox, and others, will participate on panel discussions ranging from "Knowledge Branding" to "'Knowledge Assets' in Strategic Knowledge Management Practice," the latter moderated by Hirotaka Takeuchi (MBA 71, Ph.D. 77), dean of Hitotsubashi University's Graduate School of International Corporate Strategy.
For a more complete schedule of the forum, visit http://groups.haas.berkeley.edu/imio/knowledge/schedule2002a.htm.
Professor Varian Testifies Before FCC
Hal Varian, dean of the School of Information Management and Systems and professor in the Haas Operations and Information Technology Management Group, testified before the Federal Communications Commission (FCC) in an en banc session regarding the financial crisis in telecommunications on Monday, October 7 at FCC headquarters in Washington, DC.
According to FCC Chairman Michael K. Powell, the purpose of the hearing was to bring together key voices from the financial and research communities to discuss what measures need to be taken to revitalize and restore the financial health of the telecommunications industry, restore public trust, and prevent further erosion from the current financial turmoil in this sector.
To read Varian's presentation, "Telecom Crisis," view a webcast of the hearing, or for a list of other panelists, visit http://www.fcc.gov/enbanc/100702/.
Mike Hannigan, co-founder and CEO of Give Something Back, will speak at the Haas School as part of Net Impact's Brown Bag Speaker Series.
Hannigan's lecture on Tuesday, October 15, will take place from 1:00 to 2:00 p.m. in room C220. All students, faculty, and staff are welcome to attend and are advised to bring their own lunch.
Mike Hannigan co-founded the Oakland-based office supply company, Give Something Back, in 1991, making sales calls out of his living room. In its second year, Give Something Back sold $500,000 worth of office supplies and showed a modest profit. Eleven years later, the company has grown to be the west's largest independent office product company with annual sales of over $20 million.
Based on the Newman's Own food products model, developed by actor/philanthropist Paul Newman, Give Something Back donates the profits from its business operations to local nonprofit community groups and recently passed the $2 million mark in donations.
In recent years, Give Something Back has been on Inc. Magazine's "Top 500 Fastest Growing Private US Companies" list and "Top 100 Fastest Growing Inner-city Privately-owned US Companies" list a total of six times. Give Something Back was also a top 10 finalist for the "Most Generous Company in America" award in 1999, presented by George Magazine and Newman's Own Food Company. Closer to home, Give Something Back made the San Francisco Business Times' list of the "Top 40 Largest Corporate Philanthropists" in the Bay Area.
Mike Hannigan received his BA in philosophy from UC San Diego, and his graduate degree in criminology from the UC Berkeley School of Criminology.
Net Impact at Haas is the school's chapter of the international network of MBA students committed to using the power of business to create a sustainable economy and a just world. Net Impact at Haas sponsors a lunchtime speaker series every first and third Tuesday of every month. For more information on Net Impact, visit their national website at http://www.net-impact.org/.
Terrance Odean, assistant professor in the Haas Finance Group, was quoted in a Forbes article titled "Fund Manager Knows Best," in the October 14 issue.
The Haas School's Part-Time and Berkeley-Columbia Executive MBA programs were featured in three Financial Times Report articles on October 14. Marjorie DeGraca, director of MBA admissions of the part-time program, was quoted in "Shrewd investors in time and pace."
Hal Varian, dean of the School of Information Management and Systems, was quoted in the following news sources in relation to last week's FCC hearing on telecom's economic recovery:
October 14 in Telephony in the article, "FCC's Copps: No Silver Bullet,"
October 9 in Communications Today in the article, "No 'Silver Bullet' Answers for Telecom Crisis, Panel Says,"
October 8 in Communications Daily in the article, "Analysts, Economists Give FCC Pessimistic Outlook on Telecom Health,"
October 7 in the Washington Telecom Newswire in the article, "Analysts, Economists Give FCC Pessimistic Telecom Outlook."
Ken Rosen was quoted in the San Francisco Chronicle on October 11 in the article, "10% jump in state home prices predicted but realty group says it expects sales will dip 3%." Read the full text at http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2002/10/11/BU39163.DTL.
Laura D'Andrea Tyson, former dean of Haas, was mentioned in a Business 2.0 article on October 9, titled "The Globalization of Talent." Read the full article at http://www.business2.co.uk/articles/web/0,1653,44252,FF.html.
Jonathan Leonard, the Thomas J. Fitzmyers and Barclay Simpson Distinguished Professor of Corporate Responsibility, was quoted in the Contra Costa Times in the article, "Dispute will decide the future of ports." Read the full article at http://www.fortwayne.com/mld/newssentinel/4254724.htm.
Dwight Jaffee, the Willis Booth professor of Banking, Finance, and Real Estate, was quoted in the San Francisco Chronicle on October 10 in the article, "Tech job drop-off slowing." Read the full article at http://www.sfgate.com/cgi-bin/article.cgi? file=/chronicle/archive/2002/10/10/BU135629.DTL&type=printable.
Oliver Williamson, the Edgar F. Kaiser Professor of Business, was quoted in the New York Times on October 10 in the article, "Even Without Law, Contracts Can Be Enforced." Read the full article at http://www.nytimes.com/2002/10/10/business/10SCEN.html?pagewanted=print&position=top.
On Friday, October 11, Janet Yellen, the Eugene E. and Catherine M. Trefethen professor of Business Administration, acted as one of the moderators for a bipartisan forum on the economy. U.S. Newswire published the story on October 10 in the article, "Gephardt, Daschle to Chair Bipartisan Economic Forum."
MyPoints.com, a company that Steven Markowitz, MBA '96, founded was featured in Hoover's Company Profiles on October 9.
The Haas School was mentioned in a Contra Costa Times article on October 8 featuring Rob Siltanen as Teacher of the Year of Alameda County. Siltanen spearheaded the "Urban Plan" project, a collaboration between the Haas School, College of Environmental Design, and the Urban Land Institute. The article, "Attorney turned teacher wins county award," is available at http://www.bayarea.com/mld/cctimes/living/education/4237206.htm.
Laura Flores, MBA '95, was featured in the Mondaq Business Briefing on October 7 in the article, "!Speak Opens Two New Offices, Adds New Partners and Launches an Expansion Strategy." Flores has been chosen as the head of !Speak's Washington D.C. office.
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