Year in Review 2015 – 2016 CONTENTCONTENTS
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HARVARD BUSINESS SCHOOL ASSOCIATION OF BOSTON Year In Review 2015 – 2016 CONTENTCONTENTS President’s Letter 1 Board Members 2 Membership 3 Event Highlights 4 New Venture Competition 6 Community Action Partners (CAP) 8 Corporate Sponsors 10 Alumni Forums 12 Shared Interest Groups (SIGs) 12 Acknowledgements 13 OUR MISSION The mission of Harvard Business School Association of Boston is to foster a community for HBS alumni living in the Boston area. It endeavors to strengthen alumni ties to HBS, foster goodwill and community service, and promote learning, professional networking and career development. This is accomplished among members in an inclusive environment based on integrity and excellence to advance the Harvard Business School’s goal to educate leaders who make a difference in the world. LETTER FROM THE PRESIDENT It truly has been an exciting first year as President of the Harvard Business School Association of Boston. Increased collaboration across the HBS and Harvard alumni groups has helped us expand our reach with events and volunteer work. We’re fortunate to be the hometown club with access to HBS facilities, world-renowned professors, and top business leaders. We have had an exceptional year with stellar events, increased event attendance, the New Ven- ture Competition and Community Action Partner’s volunteer work, along with corporate support from top-tier companies. Our events spanned topics from digital disruption, economic outlook, mergers and alliances in the non-profit sector, entrepreneurship, and career development. We also launched our first live streaming event, "TV, Disrupted", that was viewed by hundreds around the world. This year marked the most successful year for HBSAB’s New Venture Competition. We added a mentoring component to the program and held two events focused on the start-up journey and the challenges for women entrepreneurs. With IBM as the HBSAB NVC event sponsor, the pro- gram launched with 23 outstanding teams. The winner of the competition, Day Zero Diagnostics, advanced to HBS’s NVC global competition and placed second among several teams. We also welcomed the Angels Shared Interest Group (SIG) this year which is developing events for the new venture community. The Angels SIG, in conjunction with our New Venture Competi- tion, provides a great forum for those interested in tracking and investing in the launch of new businesses. Our Healthcare SIG continues to provide events and is now expanding events in the Longwood area. Community Action Partners (CAP) is completing its twenty-second year of providing quality pro bono consulting services to the non-profit community in Greater Boston. Our gracious volun- teers provide their time and expertise to deliver services valued at over $1.6 million. Our annual CAP event this year on the topic of mergers in the non-profit sector was standing room only. CAP continues to expand their services into brainstorming sessions for organizations needing quick ideas on a current business issue. We were proud to work with 13 non-profits this year to help them achieve their goals. Our programming, events and activities could not be successful without the support of our corporate sponsors. We would like to thank Grant Thornton, The Sharma Group/Merrill Lynch, Nixon Peabody and Lassiter Consulting for their continued commitment to HBSAB. This year we were excited to welcome several new sponsors: Biscom, ClearCompany, Forrester Research, and MSP Cultivate and TriNet, our event sponsors for Community Action Partners. The Board of Governors and I hope to continue our successes in the coming year as we focus on marketing and expanding our programs for young alumni. Jon A. Shipp, MBA 1989 President Harvard Business School Association of Boston 1 BOARD MEMBERS 2015 – 2016 OFFICERS GOVERNORS President Eric Birch, MBA 1966 Jon A. Shipp, MBA 1989 Patricia Carrolo, MBA 1991 Senior Vice President and Keith Cooper, MBA 1988 Shared Interest Group Dennis DiDonna, MBA 2010 Stephen Pittman, PLDA 2011 James Driscoll, PLDA 2013 Treasurer & Vice President Henry Flores, MBA 1990 Jay Sherry, MBA 1979* Adrian Gill, MBA 1998 Audit Committee Chair Thomas Goldsmith, MBA 1968 Ronald Kutrieb, MBA 1969 Robert Kasameyer, MBA 1976 Clerk Kathryn McKinnon, MBA 1989 Habib Rahman, MBA 1983 Andrew Rogers, AMP 2012 Events Chair and VP Lawrence J. Smith, Jr., MBA 1971 Steve Perry, MBA 1990 Bic Stevens, MBA 1969 Marketing Chair and VP Nathaniel Welch, MBA 1979 Scott Lyon, MBA 1997 Frank Wezniak, MBA 1959 Membership Chair and VP Chuck French, MBA 1958 GOVERNOR EMERITUS *Nominating Committee Chair & Sponsorship Committee Chair George M. Berman, MBA 1949 A. Christian MacKenzie, MBA 1988* New Venture Competition Chair STAFF Chris Hobson, MBA 1999 Executive Director Community Action Partners Christina E. Thirkell Co-Chairs Laura McTaggart, MBA 1997 Executive Director, Community Action Partners Frank Orlando, MBA 1976 Amelia Angella, MBA 2001 Alumni Forums Services Manager of Operations Coordinator Bernie Heine, MBA 1990 Sally Millwood HBS Clubs Director Mary-Helen Black *Past President 2 MEMBERSHIP The role of the Membership Committee is to grow and engage an already established HBS alumni community of successful business professionals and entrepreneurs. We work in partnership with Harvard Business School and HBSAB committees to provide value to members, implement new membership initiatives, and enhance the membership experience. We reach over 8,000 HBS alumni in the New England area on a weekly basis while growing our membership to almost 1,000 members. MEMBERSHIP GOALS: • Grow membership 20% annually • Leverage technology to reach and communicate to the HBS alumni base • Continue to help create deeper member engagement • Improve value proposition and communication through networking, social events, surveys, and opportunities to spotlight new and existing members MEMBERSHIP BREAKDOWN: 3% University 2% CAP Members 5% Recent Grad 8% Student 28% Regular 10% Retired Grad 11% Fresh-Out 18% Two-Year 15% President’s Club 3 EVENT HIGHLIGHTS During the course of the 2015-2016 year, HBSAB held more than 40 events and programs. We welcomed close to 3,000 participants to network, socialize and learn from thought leaders in industries and fields that span education, entrepreneurship, healthcare, technology, innovation, marketing, and leadership. These events were a mix of panel discussions, social events, dinners and presentations. Below is a description of some of the highlights of the year’s events. DISRUPTIVE TECHNOLOGIES SERIES: OUR AGING MARKET: One of the highlights of the year was the kick-off to a series CAPITALIZING ON THE BABY BOOMER MARKET on Disruptive Technologies, organized by Tom Sadtler. The Last year, under the leadership of Julie and Renee Fry, the series came out of a seminal paper published in 2013 by the inaugural Our Aging Market (OAM) conference was held at Har- McKinsey Global Institute, “Disruptive technologies: Advances vard Business School and was, by all accounts, a big success. that will transform life, business and the global economy.” OAM brings together leaders from some of the nation’s top The study identified 12 technologies that have the potential to companies to share how they are reaching the over $15 trillion disrupt the status quo and lead to entirely new products and dollars of purchasing power of the senior (50+) or baby boomer services. In the first event of the series, held in mid-November, market. OAM 2016 on May 9th featured senior leaders from Dr. Michael Chui, McKinsey Global Institute Partner and one some of the leading companies and focused on how businesses of lead authors gave a presentation regarding the study and its are changing to meet the needs of the senior market. Speakers far reaching implications. In the second event, Manoj Saxena, came from companies and organizations such as Philips, John- former head of IBM’s Watson business unit, gave a thought- son & Johnson, Brookdale, the US Census Bureau, AARP, and provoking presentation regarding cognitive computing, its Blue Cross/Blue Shield. impact on new ventures and new business models and implica- tions regarding education and opportunities. CRIMSON DINNER SERIES The HBSAB restarted its popular Crimson Dinner Series, which 8TH ANNUAL CEO ROUNDTABLE: offers a rare opportunity for individuals to expand their knowl- The 8th CEO Roundtable was held on the HBS campus to a edge and share in-depth conversations with highly sought-after sold out crowd. Organized once again by Larry Gulko and Marc local and national leaders. The audience is limited to 30 to Zablatsky, the roundtable focused on building and sustaining encourage participation. On March 1st, Robert Reynolds, Presi- leading brands through bold and disruptive business strate- dent and CEO of Putnam Investments and Great-West Financial gies. The CEO panelists were Matthew Levatich from Harley- facilitated a discussion on ways to get America’s economy grow- Davidson, Michael McGrath from Newman’s Own, Donna Noce ing more rapidly than the recent “new normal” and associated from White House/Black Market and Michael Yormack from Roc issues. Nation. In addition to the panel discussion, each CEO conduct- ed an ‘up close and personal’-style 45-minute Breakout Session for a casual chat and Q&A. 4 TV, DISRUPTED: A WORLD OF VIDEO CHOICES OPENS UP- LIVE STREAM SPEAKERS On December 7th, Will Richmond, HBS 1990, of VideoNuze, moderated a great panel on “TV, Disrupted: A World of Video Choices Opens Up”. The panel focused PAST AND on how the TV industry is undergoing seismic change, driven by unprecedented changes in viewing behaviors, relentless technology innovation, an explosion of high-quality original programming and successful online video business models. A PRESENT panel of industry executives dug into all of the key issues, who the likely winners and losers will be, what it all means for the industry and how consumers benefit. Panelists included Kevin Casey of Comcast Cable, Mike Green of Brightcove, Bob HBS Professors Higgons from Causeway Partners, and Bre Rossetti of Havas Media.