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Alumni Profiles from Around the World Volume 34, Number 1 Spring 2011 ALUMNI PROFILES FROM AROUND THE WORLD INSIDE: A conversation with Steve Case | Fifty years of Business Night Entrepreneurs compete for the top prize at The 2011 UH Business Plan Competition DEAN’S MESSAGE ALOHA, Welcome to the Spring 2011 issue of Kong venture capitalist Danny Lui and encourage you to become a part of this Shidler Business. It has been an action- philanthropist Bernard Osher. great group of business professionals and packed semester and we are very proud to Our alumni continue to be one of our learn more about the countless projects share all of our accomplishments with you greatest assets. Their contributions of time, that this organization has coordinated in the following pages. resources and knowledge have played a benefiting alumni, students and the business Most recently, the College received re- major role in the success of our students and community. accreditation from AACSB International, programs. For instance, this May countless It is truly a fun time to be a part of the the world’s leading accrediting institution alums volunteered to mentor students at Shidler ‘ohana. Thanks for sharing in our for business schools. This is the standard by Business Night’s 50th Anniversary event. success. As always, please keep in touch as which all business schools strive for and we In this issue, we explore the history of we welcome your comments and feedback. thank all of our stakeholders for helping us this popular gathering and the impact it to reach our goals. has had on students’ careers through the Sincerely, We hosted several fascinating guest decades. Also, in our alumni section, we speakers in recent months including will introduce you to a few stellar Shidler America Online Co-founder and former graduates through our featured profiles and AOL Time Warner Chair Steve Case stories. V. Vance Roley who drew over 600 at the Kīpapa i ke Finally, mahalo to the members of [email protected] Ala Lecture. In a rare interview, Case the Shidler Alumni Association for their shares his insights and advice to budding steadfast commitment. In March, the entrepreneurs in our feature story on organization fulfilled its $200,000 pledge page 4. This summer, stay tuned for more to establish an endowed scholarship which information on lectures by world-renowned will benefit students in perpetuity. The gift entrepreneurs and business professionals was matched by Shidler matching funds such as real estate mogul Sam Zell, Hong for a total endowment of $400,000. We SHIDLER COLLEGE OF BUSINESS ADVISORY COUNCIL CHAIR Terri Fujii Bill D. Mills Robin K. Campaniano Managing Partner, Ernst & Young LLP, Honolulu Chairman, The Mills Group Senior Advisor, Farmers Insurance Hawaii David A. Heenan Ross Murakami General Partner, Ulupono Initiative Trustee, The Estate of James Campbell Founding Partner, KMH LLP Robert Hiam Jean E. Rolles Steven C. Ai President & CEO, Hawaii Medical Service Association Vice President, Community Affairs, Outrigger Enterprises Inc. President & CEO, City Mill Company Ltd. Paul Higo Nancy Rose Robert F. Clarke Managing Partner - Hawaii, Deloitte LLP Managing Partner, KPMG LLP Former Chairman, President & CEO, Hawaiian Electric Industries Inc. Glenn K.Y. Hong Nate Smith John C. Dean President & CEO, Young Brothers Ltd. President, Oceanic Time Warner Hawaii Executive Chairman, Central Pacific Financial Corp. & Central Faye W. Kurren Charles A. Sted Pacific Bank President & CEO, Hawaii Dental Service President & CEO, Hawaii Pacific Health W. Allen Doane Constance H. Lau Kent K. Tsukamoto Former Chairman & CEO, Alexander & Baldwin Inc. President & CEO, Hawaiian Electric Industries Inc. Managing Partner, Accuity LLP H. Mitchell D’Olier Warren K.K. Luke Keith M. Vieira President & CEO, The Harold K.L. Castle Foundation & Kaneohe Chairman, President & CEO, Hawaii National Bank Senior Vice President & Director of Operations - Hawaii, Ranch Co. Tan Tek Lum Starwood Hotels & Resorts Worldwide Inc. Brenda Lei Foster President & Director, Lum Yip Kee Ltd. Joseph L. Wikoff President, American Chamber of Commerce Shanghai Managing Director, Wikoff, Combs & Co. LLC 2 CONTENTS SPRING 2011 FeatuRES 4 A conversation with Steve Case 6 Fifty years of Business Night 9 Entrepreneurs compete for the top prize at 6 The 2011 UH Business Plan Competition SHIDLER NEWS 10 Shidler receives reaccreditation from AACSB International Volume 34, Number 1, Spring 2011 11 Finance students place second in regional Shidler Business is published twice annually for alumni, students, business CFA competition and friends of the University of Hawai‘i at M¯anoa, Shidler College of Business. Please direct correspondence and address changes to: 15 Southeast Asia Faculty Development in Shidler Business Magazine International Business Shidler College of Business University of Hawai‘i at M¯anoa 2404 Maile Way, C202 FacuLTY AND Staff NOTES Honolulu, Hawai‘i 96822-2234 Phone: (808) 956-6044 • Fax: (808) 956-9882 17 Faculty awards and research Email: [email protected] ALUMNI NEWS DEAN CONTRIBUTING WRITER 20 Global connections V. Vance Roley Krystal Lee ASSOciate DEAN FOR DESIGN 22 Alumni profiles and news Academic AffaiRS Kristine Wada John Butler PHOTOGRAPHY ALUMNI at WORK ASSOciate DEAN FOR Grant Kim, Michael Orbito, Academic PROGRAMS Tyson Yamada, Steven Yamaki 31 The Finance Factors Family Ellen Vinson WEB DIRECTOR OF DEVELOPMENT Loren Swendsen CALendaR Unyong Nakata 32 Featured events ONLINE EDITION DIRECTOR OF ALUMNI www.shidler.hawaii.edu/ RELATIONS, DONOR magazine STEWARDSHIP AND STUDENT/ MAKING THE WORLD a “GrEENEr” PLACE ALUMNI ENGAGEMENT CIRCULatiON Maile Au 27,000 per issue Starting with the Spring 2011 issue, alumni who graduated in 2005 or later will receive an email version of Shidler EDITORIAL STAFF ON THE COVER Business. Those who graduated prior to 2005 will continue to Alumna Nicole Galase pictured ManaGING DIRECTOR receive an issue in the mail. Dolly Omiya with hundreds of short-tailed albatross at the Midway Atoll EDITOR National Wildlife Refuge. Also, we are consolidating our mailing list to one issue per Amy Watari household. If you are receiving multiple copies, simply email [email protected] or call (808) 956-6044 with questions or concerns. STAY CONNECTED The University of Hawai‘i at M¯anoa is an Equal Opportunity/Affirmative facebook, linkedin, twitter, vimeo Action Institution Online edition available at www.shidler.hawaii.edu www.shidler.hawaii.edu | 3 A CONVERSATION WITH STEVE CASE by Krystal Lee As co-founder of America Online Inc. and later, chairman of AOL Time Warner, STEVE CASE played an essential role in building the world’s largest Internet company, making the service a vital part of everyday life. Today, he is chairman and CEO of Revolution, a company he launched that seeks to change the world by the investments it makes in people and ideas. 4 “Believe in yourself, believe in your idea and fight to bring it to life.” —Steve Case efore speaking at of PEOPLE to transform an Case believes that a university Wall Street Journal. the K¯ıpapa i ke Ala idea into reality. “Nothing of degree is not required to be Last July, Case was Lecture this past significance can be done by one a successful entrepreneur; named co-chair of the BNovember, Steve Case sat person on their own,” he said. however, it does provide a National Advisory Council alongside his wife Jean for Case also emphasized the good foundation. “It gives on Innovation and an exclusive interview with difference between confidence you a basic set of skills and Entrepreneurship. He is the Pacific Asian Center for and arrogance in entrepreneurs. a broad understanding that excited for the opportunity to Entrepreneurship (PACE). Entrepreneurs often claim are increasingly useful in a find ways to commercialize He shared his perspectives on that they essentially have no complicated global world,” he the tens of billions of U.S. entrepreneurship and offered competition. “That either said. dollars that are invested in some words of advice to means it’s not a good idea or He added that a university research in universities. In students pursuing their own they’re not telling the truth,” setting provides valuable particular, he will look for businesses. he explained. “The business experiences that allows ways to drive collaboration Case believes that the key world is extremely competitive. students to expand their across competitive educational ingredients of a successful It is important to acknowledge network and learn from institutions to move ideas from entrepreneur are the “three that there are many forces mentors. “In the case of UH, the lab to the marketplace. P’s” — passion, perseverance at work keeping you from getting me to come back to Also, Case and his wife Jean and people. Entrepreneurs being successful,” he said. “An speak or getting entrepreneurs devote much of their time need to have PASSION in understanding and humility working with students who to philanthropic endeavors their idea. “Twenty-five years about that is important.” are developing an idea—it’s through the Case Foundation. ago, most people didn’t have To student entrepreneurs, not just what happens in Over the years, the couple has personal computers. Of those Case says, “Don’t give the classroom but how you supported successful initiatives people [that did], less than one up. Particularly in connect with those people in that have resulted in hundreds percent were connected and entrepreneurship, people are the community that is critically of millions of dollars through the idea of the Internet was generally more focused on important.” citizen-led philanthropy. a foreign concept. We were why something is going to fail To Case, the future of the passionate in the idea that [rather] than why something Internet is in its ubiquitous Case was the featured someday we would live in a is going to succeed. If you’re access and the marriage speaker at the K¯ıpapa i ke Ala Lecture Series.
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