Haas NewsWire

Haas NewsWire, November 20, 1998

**Due to the Thanksgiving holiday, Haas NewsWire will not publish next Friday, November 27th. Events for the week of Novmember 30th are listed in today's Happening Next (Two) Weeks section.**


Is There a New Economy? Dialogue Series Continues
Haas Enquirer: Sebastian Teunissen
New Link to What's New on Haas Website
Impeachment Panel Discussion
Awards & Achievements
MBA Career Coaches Sought
Tech Talk in HaasWeek Online
Holiday Hours -- Library & Career Center
Temporary Server Outage
Open Enrollment Ending
Happening Next (Two) Weeks

Haas NewsWire Archive
Contact Haas NewsWire



This week the Haas School hosted the second and third events of the Haas Business Faculty Research Dialogue, titled "Is There a New Economy?" The Research Dialogue is a year-long series inaugurated in September with an opening address by Alan Greenspan, chairman of the Federal Reserve Board.

Venture capitalist John Doerr's 45-minute address on Tuesday, November 17, the second in the series, focused on the role of technology in the new economy. Countering the position of Greenspan, Doerr (a partner in Kleiner, Perkins, Caulfield, Byers) argued that a fundamentally different and new economy is emerging centered around the technology-driven Silicon Valley. To help make his case for new economy market principals, Doerr covered four main topics: networks, time, ideas and institutions of Silicon Valley, and the technology economy. Doerr also made a plea for a better educational system. As education is the foundation upon which the technology economy grows, Doerr strongly encouraged volunteerism and involvement to improve the quality of primary education.

Stephen Roach, chief economist and director of global economics for Morgan Stanley & Co., and Michael Mandel, economics editor for Business Week magazine, provided the third event in the series, debating their differing views on the "new economy" on Thursday, November 19.

Mandel opened the debate by arguing that we are indeed in a new economy of long-term growth because of the effects of innovation -- not just innovation in the computer hardware and software industries but in areas such as biotech (with a huge impact on agriculture and health care) and financial services. However, he warned that a new economy does not mean the end of economic recessions or even depressions. He cited as an example the period of 1890 to 1960, when enormous technological innovation was accompanied by a "roller-coaster ride" including the Great Depression.

Roach countered that although we might be in a "new economy," the economic rules have not changed significantly. Roach warned against what he called the "fallacy of historical precedent," contending that the current information revolution is not like past historical periods such as the agricultural revolution or the industrial revolution because information is a different kind of "product." The road to growth will be harder than optimists such as Mandel think, claimed Roach.

The fall dialogue series was sponsored by the Clausen Center for International Business and Policy and California Management Review.

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You might say Sebastian Teunissen (pronounced TOON-i-sen), director of international affairs at the Haas School, has his dream job. Teunissen says, "It's as if the job description was written with my resume in mind." In case you're interested in Teunissen's resume, the course Teunissen teaches at Haas -- International Business Development -- or anything else international, it's all online at http://www.haas.berkeley.edu/HaasGlobal. One of Sebastian's goals as director of international affairs is to increase the general awareness about world affairs and international opportunities both in and beyond the curriculum. "The web page is the vehicle that ties global activities together at Haas," he explained.

Teunissen has lived and worked all over the world in academia, government, and private industry. He spent two years in Papua New Guinea where he worked in the governmental department of finance. Before moving to the Bay Area last February, he and his wife Jennifer lived in Kyoto, Japan, for three years. Teunissen arrived in Kyoto just one week before the Great Hanshin Earthquake devastated the region. Damage control and recovery were his first jobs for the international import and distribution company where he worked.

Outside of Haas and IBD, Teunissen enjoys riding his motorcycle, which is his primary means of transportation. He also rides mountain bikes and practices the martial art Aikido.

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Check out the updated What's New Web page (also available by clicking on the What's New button on the blue banner at the top of the Haas School home page. It's a great new source for the hottest weekly news stories, links to all Haas periodicals, the events calendar, and more. What's New also archives Haas NewsWire each week at http://haas.berkeley.edu/groups/pubs/haasnews/newswire.html.

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A panel of former White House counsels, presidential experts will discuss the current state of affairs in Congress next Monday in the Andersen Auditorium. Some of the topics to be discussed are: the likely future of the impeachment process, given the current gap between public opinion and Congressional action; whether the Clinton crisis will change what constitutes "acceptable behavior" by the President; the impact of the crisis on the future of the independent counselor; the historical context in which the Clinton hearings will be seen and referred to in the future. See the event listing for Monday 11/23 in Happening Next Week for the list of panelists.

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The Undergraduate team representing the Haas School at the 1998 University of Texas International Business Case Challenge in Austin, Texas brought home the 2nd place trophy to Haas, knocking out the likes of Wharton and Michigan in the first round. Congratulations to Mark Dipaola, Tania Kapoor, Clif Marriot, Connie Young (the traveling team), and Jeff Poon, Sergio Teixeira (the alternates) and Steve Etter (the faculty advisor).

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The Wall Street Journal (Wednesday, 11/18/98) ran a light-hearted piece in the Money and Investing section about Friday's Teach-In on the Global Financial Crisis.

On Monday 11/16/98, Professor David Aaker was featured in the Wall Street Journal Marketplace section with a group of leading advertising practitioners and industry shapers. Aaker shared his views on how advertising will be transformed by technology in the next decade.

Haas Alumnus Piyush Sevalla, MBA 97, gives career advice to prospective MBAs in a feature story in the November issue of Silicon India, a business and technology magazine based in India.

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Are you an outgoing second year MBA student willing to spend four to six hours a week sharing your knowledge, insights, and advice on careers and the job search process?

Enhance the competitiveness of Haas MBA students and your effectiveness as a mentor and leader by volunteering as an MBA Career Coach. In this important role you will increase the marketability of your fellow first year students and help build the brand identity of the Haas MBA. Career Coaches draw from specific work experiences and backgrounds to provide information, advice, feedback and practical strategies concerning:

The Career Center. is seeking coaches with either post-undergraduate work experience or MBA summer internship experience in one of the following areas:

Career Center advisors will provide an orientation and training session in early January and will serve as advisors to the Career Coaches throughout the semester and school year.
Coaches will also be expected to interact with professional Industry Account Managers when they join the Career Center staff.

If you are interested in more information or would like to apply to become a career coach please forward the following information by FRIDAY, DECEMBER 4, 1998 to Lesah Beckhusen at Beckhuse@haas.berkeley.edu:

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iQueue, a weekly column in HaasWeek Online written by the Computer Center's own Lezlie Vincent, runs each week with helpful tech tips and news from the Haas Computer Center. To increase your tech iqueue, go to Headlines from the HaasWeek Online homepage.

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Wednesday, November 25 -- 7:45 am-5:00 pm
Thursday, November 26 -- CLOSED
Friday, November 2 -- 1:00-5:00 pm
Saturday, November 28 -- 12 noon-5:00 pm
Sunday, November 29 -- 12 noon-8:00 pm


Wednesday November 25 -- 8:30 am-6:00 pm
Thursday and Friday, November 26 & 27 -- CLOSED

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This Sunday morning, November 22, 1998, from 9:30 am to 10:30 am, haas.berkeley.edu and grady.haas.berkeley.edu will be unavailable due to routine maintenance. Windows 95 and Windows NT-based services should not be affected during this outage.

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Monday, November 23 is the last day of open enrollment for faculty and staff. Call the open enrollment action line at 1-800-639-3779 to change your UC benefits.

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(free and open to interested students and faculty)


If you find yourself in one of the chapter cities listed, please join the extended Haas family.

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