Summer 2011 Prof. Ben Hermalin Weighs in on Network Neutrality CThe Magazinea ofl theB Haas Schoolu of Businesss ati then Universitye of California,ss Berkeley how alumnae thrive, juggle, and balance Outside the ClassroomBerkeley-Haas Expands Experiential Learning To Build Innovative Leaders • Eye-Opening Overseas Consulting • Haas@Work and Corporate Innovation • Transforming the Telegraph Corridor Build on your success. Become a better leader. Come back to Cal. The UC Berkeley Center for Executive Education delivers executive education programs and custom solutions to businesses around the globe through the Haas School of Business. We draw on the resources, talent, and perspectives of faculty from across UC Berkeley to collaborate with executives to help achieve strategic objectives and build organizational strengths. Alumni always enjoy pricing advantages. Contact us to learn more : +1.510.642.9167 • executive.berkeley.edu • [email protected] The Magazine of Summer 2011 CalBusiness the Haas School of Business at the University of California, Berkeley Senior Editor Features Richard Kurovsky Contents Editor On the Cover: Ute S. Frey Outside the Classroom Managing Editor Haas expands experiential learning to build 8 Ronna Kelly, BS 92 innovative leaders. We highlight three classes. Staff Writers Valerie Gilbert Sustainability Partners Pamela Tom Dow helps students and faculty see 4 the fruits of their labors. Contributing Writers Laurie Burkitt, Laura Counts, The 10-Year Plan Mike Elkin, Jeanne Howard, David McKay Wilson, Lyssa Rome 5 Graduating seniors share their future dreams and goals. Design Cuttriss & Hambleton, Berkeley Your Haas Network Profiles of Three Haas School Alumni Printer 14 Creel Printing Hoby Darling, BCEMBA 08, Volcom Raudline Etienne, MBA 94, Photography New York Retirement Fund Jim Block, Bruce Cook, Doug Wiele, BS 76, Foothill Partners Sanjit Das, Toni Gauthier, Billy Hustace, Joe Larese, Your Haas Network in Peter Lemieux, David Schmitz 16 Profiles of Three Haas CalBusiness is published by School Alumni in Asia the Haas School of Business, Rafael Gil-Tienda, MBA 77, University of California, Marsh & McLennan Berkeley. For further information, contact: Hind Chemsi, Zeynep Rong Lu, MBA 93, Bank of China CalBusiness Editor Boga, and Andrea Egan Lau, BS 97, MBA 04, Tencent Leewong, all MBA 12, Technology Haas School of Business in Saudi Arabia. University of California 8 Berkeley, CA 94720-1900 510-643-0259 [email protected] Departments CalBusiness Summer 2011, Number 77 2 In Brief 20 Haas Worldwide Events For change of address, email Thought Leaders Water Thinking [email protected]. Share Innovation By Rajesh Shah, MBA 97 Insights in Shanghai Global Social Venture 22 Alumni Notes Competition Breaks Records 24 Alumni Accolades Printed on FSC-certified recycled paper using soy-based inks. 6 Power of Ideas 26 Alumni Bookshelf Network Neutrality Workplace Revenge 32 Personal View Housing Market Predictions The Whistleblower’s Dilemma By Gordon Massie, MBA 77 18 The Campaign for Haas Q&A with Dato’ Sri Dr. Tahir, Mayapada Group New Williamson Chair and PhD Fellowship Created 6 ON THE COVER: Network Neutrality Brandon Yahn, MBA 12, at a shrimp farm in Cambodia. and Life in the Fast Lane PHOTO BY PETER LEMIEUX, MBA 01 Teams Excel in Real Estate, Health Care MBA students ended the spring semester on a high note, besting other top business schools in health care and real estate competitions. A team of Haas students in the joint business-public health degree News from the Haas School program won the inaugural Health Services Case Competition at InBrief Kellogg April 30 after standing out for considering client culture. Haas Thought Leaders Share Students were charged with Innovation Insights in Shanghai creating a growth strategy for DaVita Rx, a full-service pharmacy Shanghai, the most populous treatable or preventable Meanwhile, Dean Lyons cited for kidney patients. city in China, provided a vibrant diseases. He talked about how growing health care costs as Tapping the Haas network, the backdrop as some of the Haas reducing these deaths requires one of many “unsustainabilities” team learned about DaVita culture Schools top thinkers from North Novartis to innovate in ways that require the skills of a new from a student who worked for America, Europe, and Asia that go beyond developing type of leader. Lyons said the firm to determine which shared insights about innovation pharmaceuticals. schools and organizations need strategies would work best for March 22 at the Berkeley Asia In remote places like rural to develop leaders who can the company. Business Conference. Africa, Novartis taps widely bend the unsustainable paths In real estate, another Haas Organized by Haas Professor used cellphone technology facing our and our children’s team buried Stanford in the Teck Ho, the conference featured to ensure patients can get generations in areas such as annual NAIOP Real Estate keynote speeches from the medicine when they journey health care, education, energy, Challenge May 4, taking both first Haas School’s Nobel Laureate to the clinic. Using SMS and clean water. place and the audience-choice Oliver Williamson; alumnus technology, Novartis was able Lyons pointed to culture as key award. It was the fourth victory Joe Jimenez, MBA 84, CEO of to reduce out-of-stock incidents to developing path-bending in a row for Berkeley-Haas. The Novartis; Professor Michael Katz; from 25 percent to 1 percent leaders. He closed the conference challenge: Present a multi-use and Dean Rich Lyons. in a few months. Novartis also with a question for the 300 alumni development plan for three sites Jimenez set the stage for distributes anti-malaria drugs and friends in the audience: in Livermore, Calif. The Haas his talk with a video about for free in Africa–one example “What culture would you create team talked with more than 100 deaths from diarrhea, obesity, of the company’s social if you wanted to produce path- experts, from the city’s mayor to malaria, and other easily responsibility effort. bending leaders?” CB hoteliers to attorneys, to develop its 200+ page proposal. CB Prof. John Morgan: From Research Chops To Photo Opps In June, Prof. John Morgan and alumnus Richard Wang, PhD 10, won the Accenture Award from the Haas School’s journal, California Management Review, for their article “Tournaments for Ideas.” The article showed firms how to organize tournaments to generate innovative ideas. Outside of Haas, Morgan nurtures his own creativity through pho- tography. Morgan captured this vortex heading into Sedona in Arizona. View other Morgan photos at flickr.com/aidanmorgan. Read Morgan and Wang’s article at cmr.berkeley.edu/accenture_ award.html. 2 CalBusiness Summer 2011 Seinfeld Meets Undergrads Spread Supply Chain A Little Sunshine Associate Professor Terry Undergraduates put democracy Taylor has a secret weapon in into action this spring when they his quest to interest students in gave local nonprofits $12,000 supply chain management: Jerry as part of their Strategic Seinfeld. Philanthropy course. Taylor, who teaches Operations For the second year, students and studies supply chain manage- in the course were charged with ment, was recently named among selecting a local nonprofit to the world’s 40 best business receive a $10,000 donation from school professors under 40 by Doris Buffett, Berkshire Hathaway the MBA website Poets & Quants. CEO Warren Buffett’s sister and Before he came to Haas in 2007, founder of The Sunshine Lady MBA students called Operations Foundation, which invests in pro- their least relevant course. With grams that help the working poor Taylor, it shot up to most relevant. and families in crisis. “Professor Taylor doesn’t just Dividing into teams, students teach Operational Leadership, he identified and evaluated six personifies it,” Bernie Murphy, nonprofits that they thought MBA 11, told Poets & Quants. would be most deserving of the The Social (Entrepreneur) Network Taylor gives students countless $10,000. The teams then gave The 12th annual Global Social Venture Competition, examples of what he means by presentations on each nonprofit founded by Berkeley MBA students, expanded again this mitigating the “pain of variability,” to their classmates—and Buffett year to draw a record number of teams. Here’s a look at via videoconference—before the vast network of socially minded entrepreneurs that the class chose a winner. the student-run competition has helped foster. This year, though, all six nonprofits were winners, thanks in part to alumnus 845 entrants 377 mentors 388 Semifinal Ted Kuh, BS 82. After from 296 worldwide and final judges sitting in on a class, Kuh universities in was so impressed with the 31 countries students and the course 3,000+ teams 1 Winner: that he donated an addi- participating since NextDrop, a tional $2,000. That extra 463 entrants inception mobile platform gift prompted the students to help residents Terry Taylor was named among the from China world’s 40 best business professors to give all six nonprofits a in India avoid under 40 by website Poets & Quants. piece of the pie. The two favorites $500,000+ wasting hours split $10,000: First Graduate, 21 Berkeley MBA in prize money waiting for water from color-coded handouts to pre- which supports students who awarded since to arrive by truck will be their family’s first college student organizers designed white-board diagrams. inception or communal tap. He has a fun side, too, using a mix graduates, and Operation Access, The team includes of teaching techniques, including which provides free surgery to case discussions, in-class simula- low-income people. And the stu- 112 student UC Berkeley tions, and yes, a few Seinfeld clips. dents split Kuh’s $2,000 among organizers at 10 15 finalists graduate students Take Seinfeld’s “Soup Nazi” epi- the four other finalists. university partners competed for and a Stanford sode.