MEMBER

Business School A Rich History – A Brilliant Future Snapshots of Our Journey 2009 CONNECT A Rich History Towards a Brilliant Future At the heart of a great business school is the passion, enthusiasm and commitment demonstrated by the connections between staff, students, alumni and the community in the pursuit of achieving international excellence. As we move into the new world-class Business School facilities, this commemorative journal takes a moment to reflect on the contributions of the many alumni, staff, community leaders and students whose determination to make a positive difference in the world has built a foundation of which we can all feel very proud. The stories that unfold in these pages will inspire you, as we capture the essence of education to transform the lives of people. These are the stories and insights that carry us forward and continue to inspire us to achieve international excellence. Celebrate with us! UWA Business School

At The University of Western , we are The Business School, like the rest of The University of embarking upon a new chapter in business education. , has a proud history of excellence in As we unveil a new home for our Business School, we research, teaching and learning. It continues to provide acknowledge the vision of the original founders of high quality students with a high quality education. The University of Western Australia and look towards a Many graduates have gone on to forge successful future in which this great institution is positioned well careers and to make a difference to the world. to deal with the challenges and accept the opportunities We seek to build on these foundations. We will continue to of the years ahead. develop the School’s reputation worldwide. We will continue to strengthen our links to the business community, and in doing We are in fact celebrating the contribution of the UWA Business so, be at the forefront of international best practice. Truly great School to business education in Western Australia and further business schools are created through the dedication, commitment afield, its relevance to the broader business community and its and support of their alumni and the business community in which links across the faculties and schools of our University. they operate. The participation of our external partners is very As a Vice-Chancellor there are few things more satisfying than much an integral element of our strategic development. the dedication of new and improved facilities to the pursuit of With an expanded network of business supporters who are learning. Yet this is more than a celebration of a new facility. With prepared to invest directly in our staff, students and research, the help of our partners, the talent of the business leaders on our we have been able to develop the breadth of business activities Business School Board and the staff of our faculty, led by Dean woven into our core learning programs to provide a connection Tracey Horton, we will be able to be at the forefront of business with the ‘real world’. This commemorative journal takes a moment education excellence. to provide snapshots of what has been achieved and celebrates With the generous support of our partners and the broader the achievements of too many to mention individually. community, we have built an outstanding facility and established In achieving our initial fundraising target of $25 million, we a fund that will enable us to attract world leaders in business gratefully acknowledge the philosophy of giving that underpins education and offer outstanding opportunities for undergraduate these achievements and say thank you. That philosophy and and postgraduate students. desire to contribute to the greater good is itself a central theme Our Business School enjoys a reputation as a leader in Australia which encases the core business of this School. With your and abroad. We are aiming to be among the top 50 universities ongoing support we will achieve what we dream today, and in the world by 2050 and the School will help us to achieve that position the Business School of The University of Western goal. At UWA, world-class is our minimum standard. Australia at the forefront of international excellence.

Professor Alan Robson Professor Tracey Horton Vice-Chancellor – UWA Dean – UWA Business School

4 5

Business School HISTORY Seek Wisdom

Built on a Foundation of Progressive Thought and Philanthropy

The University of Western Australia (UWA) was founded in 1911 as the first university in the state. The motto “Seek Wisdom”, established in 1912, is derived from Socrates who sought to discover and teach the universal principles of truth, beauty and goodness. UWA’s commitment to these principles is demonstrated by the words inscribed on the historic central meeting place for students and teachers. “This undercroft is dedicated to Socrates who sought truth always by the path of open discussion and full enquiry. May the spirit of Socrates preside here at all times.”

A university is more than its grounds and a collection of buildings. It opens the mind to the possibilities of what can be achieved through reasoned argument, constructive debate and pushing the boundaries of knowledge in search of the truth. 1966 – The new Economics and Commerce building.

Inaugural Chancellor of the University, Sir John Winthrop Hackett, Now almost 100 years on, this pattern of philanthropic endeavour believed that education was the key to a society’s improvement. and vision for a brighter future is being repeated through the As a law graduate and the owner and editor of The West Australian generous support of our donors and sponsors as we move into newspaper, he exercised his influence as an ‘advanced liberal’ our new world-class Business School facilities and establish a and used his casting vote to make UWA the first free university in Futures Fund to invest in students and staff. the British Colonies. The Business School Campaign is currently one of the most Business education at UWA began in 1913 when Edward Shann successful fundraising campaigns in Australian tertiary education, was appointed as the Foundation Professor of History and having raised a remarkable $25 million. We acknowledge the Economics. Professor Shann is acknowledged as a pre-eminent ongoing support of progressive thought leaders in our community, scholar who sought, sometimes controversially, to contribute to those enlightened individuals who carry on an admirable the international economic debates of the time. The annual Shann commitment to excellence in academic pursuits that enhance and Memorial Lecture is held in his honour. enrich society.

The University of Western Australia has benefited significantly Our generous patrons, like John Winthrop Hackett, are from generous philanthropic contributions by community leaders. demonstrating inspirational philanthropic virtue. We congratulate In 1918 Hackett bequeathed significant funds to UWA for all our donors for their vision. the construction of Winthrop Hall, Hackett Hall and the UWA administration building. The Hackett scholarship program was established for students, and St George’s College was built through a Hackett bequest to the Church of England.

6 7

Business School A Rich History

Relevant Connections to Business 1913 UWA sees its first intake of economics students. 1941 Professor Frank Mauldon is appointed to the first Chair of 1966 Peter Longton is appointed the first Chair of Marketing Edward Shann is appointed Professor of History and Economics, Economics within the Arts Faculty. He researches in the area of and becomes one of the first two Professors of Marketing in The external business environment has always influenced the within the Faculty of Arts. the State’s economy and community income and introduces the Australia. The appointment is made possible by a donation from study of public administration. Sir Thomas Wardle, ‘Tom the Cheap’ grocer, one of the first retail UWA Business School. Maintaining a balance between academic Mid 1920s Professor Shann is invited to become an economic entrepreneurs in Western Australia and Lord Mayor of for a independence and constructive interaction with the business adviser to the Bank of New South Wales; many of his colleagues 1944–49 Large numbers of returned servicemen and number of years. community is an ever-present task for educators. are critical of the appointment. Professor Shann defends his servicewomen are educated through the Commonwealth position, asking … “Will that not add to my ability to teach? Reconstruction Training Scheme (CRTS) post WWII. 1968 Professor Reg Appleyard is appointed to the Foundation Relationships of influence do not always sit well within a To my usefulness as a member of university staff?” Professor These returned servicemen and women have very clear ideas Chair of Economic History and later Head of Department. In the university environment in which the principles of academic Shann gains some support from members of the Senate and he about the social, political and economic issues facing the external Edward Shann tradition he seeks to create close connections freedom enshrined by Socrates are fiercely protected. accepts the position. business environment. They demand an education that can be with local business groups, including the Committee for Economic applied in a business context and actively seek a connection Development of Australia and State government departments. between university education and real world expertise. The Faculty of Economics and Commerce begins to adapt the

1918 1921 1927 1932 1949 1960 1966 1970

1954 Professor Frank Mauldon realises his dream of creating degree program to be more relevant to a Western Australian a Faculty of Economics separate from the Arts Faculty. He is economy. In 1969 graduates with a Bachelor of appointed as the first Dean in the newly formed Faculty. This also Commerce and will become Premier of Western Australia from This time-line provides a snap-shot of key events that have 1933 Professor Shann is invited to represent the Bank of New marks a growing demand for business education as the economy 1993-2001. helped define the UWA Business School. The journey starts with South Wales at the World Economic Conference in London and booms. In 1958 Professor Ivor Ian Bowen is appointed as the new Dean of Economics and leads the drive to incorporate a the first intake of students in 1913. Since that time, innovative external politics enter the debate, as the State Secretary of the partnerships have been created and mutual benefit is derived Department of Commerce into the Faculty. Labor Party argues that to grant such leave is “unfair to the tax from the incorporation of academic ideas that challenge current 1961 Under the leadership of Professor Bowen as Dean, the Faculty “We are what we repeatedly do. Excellence business practices and expand thinking. payers who subsidise the university.” John Curtin, who would later of Economics is reconstituted as the Faculty of Economics and become Prime Minister, argues it would be impossible for the UWA Commerce. A debate forms regarding the evolving nature of business is therefore not an act but a habit.” Aristotle economics professor to avoid being associated with the views of education. Chris Savage, appointed to the Chair of Commerce in the bank. Professor Shann maintained his position, arguing again 1964, argues the Bachelor of Commerce is a program to train future the educational value for students and so contributes to economic business managers as opposed to economists or statisticians. debates of the day. Commerce enrolments accelerate far beyond that of economics.

8 9

Business School 1972 Professor Bernard Key is appointed to lead Japanese Studies, that will see trade increase from $20 million to over $3 billion, 1991 The growing demand for a postgraduate Master of Business 2006 The Business School Campaign, Tomorrow Starts Here, established as a response to developing Western Australian trade a figure not believed by commentators. Trevor Eastwood, as a Administration sees the Graduate School of Management (GSM) is officially launched with $12 million support pledged towards relations with Japan. The idea puts UWA on the map globally. young executive at co-operative, enlists the advice separate from the Department of Economics and Commerce the $25 million target. The Business School Campaign marks a Gilbert George was one of the first graduates of the Japanese of Dr Rony Gabbay on Halal meat practices and accreditation to to form another School. Professor Andre Morkel is appointed strategic level of engagement and exchange with the business program. Over the course of a 20 year career in business he establish Wesfarmers trade links with the Middle East. Australian as Head of School. An Advisory Council of business leaders is community and industry sectors. export to the Middle East reaches the predicted $3 billion level in established and Trevor Eastwood is appointed as the inaugural estimates he has been involved in over $1 billion dollars worth 1990-91 and today continues to grow. Chair. Influential business leaders contribute their expertise and of Japanese investment in Australia. The University continues to experience in an advisory capacity in order to further develop maintain strong links with Japan today, including Business School 1977 Professor Charles Mulvey’s research into labour markets management education in Western Australia. partnerships with Mitsui & Co and Mitsubishi Development. develops the Faculty’s specialisation in Industrial Relations (IR). Future Premier of Western Australia Geoff Gallop graduates with a This is particularly relevant to iron ore development and expansion Mid 2000s UWA embarks on a ‘one university’ strategic review Masters of Economics in 1972. He is Premier from 2001-2006. in the Pilbara as Australia is the most unionised country in the and identifies as a strategic direction building an international world with wages fixed through an accord and a central system of presence in delivering a world class education.

1971 1972 1987 1990 2006 2009

1973 Professor Peter Longton is Dean when a Masters of administering disputes through an industrial relations commission. 2004 Professor Alan Robson is appointed Vice-Chancellor to 2007 Professor Tracey Horton, Dean, leads the integration of the Business Administration (MBA) is introduced in 1973 by Professor Industrial Relations at UWA has a multi-disciplinary approach lead the University towards its goal of achieving international School of Economics and Commerce and the Graduate School of Andrew Brown, Chair of Commerce, Professor Roy Lourens and and a growing focus on applied IR through the lens of workplace excellence. UWA aims to rank amongst the top 50 universities Management to form the UWA Business School, to facilitate the Professor Philip Brown with significant support from the Milne psychology, sociology and industrial dispute resolution. In 1982 world-wide by 2050. UWA is currently ranked within the top 130 vision of becoming a leading institution in the Australasian region. Bequest. Demand far outstrips supply and students are required The Department of Industrial Relations is created. and is the only university in Western Australia ranked within the 2009 The new UWA Business School world-class facility is to submit letters from their employers stating that they were able top 500. The Business School is well positioned to take up this 1987 Research into resources boom-related migration leads officially launched May 3, 2009 by Premier . to attend at least one class during the 2-5pm time slot. Dr Michael challenge. Professor Robson supports a proposal presented by several members of the Faculty to establish The Trade, The fundraising target of $25 million is achieved. Chaney, esteemed business leader, philanthropist and our current Tony Howarth (Chair, GSM Advisory Council) and Mark Barnaba Migration and Development Research Centre. Its key aim is to UWA Chancellor, is one of the first students to come through the (GSM, Advisory Council) to implement a Business School investigate the impact of migration on Australia’s socio-economic MBA program. Current Premier of Western Australia, Colin Barnett Fundraising Campaign. development. Focusing on the Indian Ocean countries, research graduates with a Bachelor of Economics (Honours). expertise covers areas such as tourism, trade, globalisation 2005 Professor Tracey Horton is appointed as Dean to lead [The theme of this historical outline is drawn from Emeritus Professor Reg Appleyard’s chapter on 1974 The 1970s sees a boom in Western Australian trade with and development. the UWA Business School strategy towards achieving an the Power and Influence in the Business and Law Faculties on the Administration and Governance of the State, and in the Private Sector and will be published in a commemorative book for the UWA the Middle East. In response, Dr Rony Gabbay establishes a internationally benchmarked top 50 university ranking. centenary celebrations.] degree structure with a Middle East focus. Dr Gabbay predicts expanding trade opportunity for Australia with the Middle East

10 11

Business School

The UWA Business School Campaign Tomorrow Starts Here

A World-Class Business School A Rich History of Connections Tomorrow Starts Here, Mark Barnaba describes his motivation for the commitment in time and resources to the UWA Business School for over Around 2002 a conversation developed between Dr Tony Howarth Though from very different backgrounds, Mark Barnaba and A Brilliant Future seven years. AO, Chair of the former Graduate School of Management Advisory Dr Tony Howarth were both members of the former Graduate Dr Tony Howarth AO, Chair, Fundraising Committee says of the Council, his fellow Council member, Mark Barnaba, and the then School of Management Advisory Council for a number of years. “The Business School Campaign experience ranks as Deputy Vice Chancellor, Professor Alan Robson, regarding the role Mark Barnaba graduated with a Bachelor of Commerce with First- success of the campaign: one of the single most gratifying things that I have of UWA in developing best practice in business education. At this Class Honours and was a recipient of the JA Wood Memorial prize “I think the overwhelming sense is a great enjoyment been involved with in a professional sense. Education stage Professor Robson was part of executive level discussions and prestigious Hackett Scholarship as one of the university’s and satisfaction of being part of the University and is about developing yourself and contributing to the which were setting the scene for UWA’s strategic direction to be highest achieving students. Dr Tony Howarth left school in year fixed towards benchmarking international excellence with a goal of ten and was educated in-house through the bank training system. wanting to give back. A lot of people have re-engaged community. It is valuable in its own right. I am sure my achieving within a top 50 rank of universities globally. Originally from New South Wales, he moved to Western Australia with the University at this time and had fond memories life would be different without it.” during his banking career and built a strong connection to the Critical elements for the future of the Business School were of UWA from prior experiences as students, parents and On Sunday 3 May, 2009 the new world-class UWA Business University through his role as Managing Director of . discussed including: new infrastructure; a fundraising campaign staff. The University Club also attracted alumni and the School was officially opened by the Honourable Colin Barnett to contribute to a new state-of-the-art building and a Futures As former Graduate School of Management Advisory Council business community on campus – for some after a long MLA, Premier Western Australia. Fund to support staff and students of the Business School; a members, both men feel a deep commitment to UWA and a hiatus from campus activities.” Dean who could build stronger external links with business; a high profound appreciation for the value a world-class education offers profile Board with a keen interest and strong belief in the value the Western Australian community. For Mark his commitment of business education; and strong and visible support from the comes from the personal connection he has to UWA through his Left to right: Mark Barnaba, Professor Tracey Horton, Dr Tony Howarth. Senate and the Vice-Chancellor. learning experiences as an undergraduate.

Professor Robson made a commitment to supporting a new “The four Professors I had for my honours year were direction for the Business School including providing a Geoff Soutar in Research Methodology, and three fundraising team. Chicago University PhDs in Finance: Ian Eggelton, Mark Barnaba commented on the Vice-Chancellor’s support: Izan and Philip Brown. I knew they had world-class “Alan Robson is a true visionary. He understood the backgrounds and they had a fundamental impact on the critical importance of a strong Business School with quality of my education,” said Mark. healthy and active external links to achieving his overall Professor Tracey Horton was appointed Dean in 2005, to lead goals for the University. And he was prepared to back the new direction for the Business School and the Tomorrow his intuition with resources.” Starts Here Business School Campaign. Hailing from Stanford with impressive international commercial experience and the As newly appointed Chair of the Business School Board, Mark academic pedigree to match, over the course of five years she Barnaba invited , CEO, Wesfarmers; Dr John developed connections with the business community on behalf of Poynton AM, Executive Chair, Azure Capital, Dr Fiona Wood AM, the Business School that developed into innovative partnerships Director, West Australian Burns Services and Andrew Roberts, delivering benefits for all parties. CEO, Multiplex, to join the newly formed Business School Board. Inaugural members have since been joined by Don Voelte, CEO, The Business School Campaign is an extraordinary success story Woodside; Jimmy Wilson, President, BHP Billiton Stainless Steel; in tertiary fundraising in Australia. The international reputation and John Akehurst, Director CSL Limited and Adrian Fini, Non- profile of UWA Business School is strengthened by increased Executive Director, group. The Board has played a critically investment through the appointment of Professorial Chairs, important role for the Business School in raising its external profile, the establishment of a scholarship program and investment in contributing to fundraising and acting as an advisory body for retaining and attracting quality staff. strategic decisions.

12 13

Business School The Business School Board

The UWA Business School is very fortunate in having the close The Board has also focused on developing the School’s financial involvement of a high-calibre Business School Board. foundations so that like any dynamic and progressive enterprise, it can resource its future. The Board is made up of experienced leaders representative of the key industry sectors of the WA economy who visibly demonstrate Dean, Professor Tracey Horton says: their support and guidance. “The Board members are generous with their time The role of the Business School Board is to provide leadership to and their wisdom and they actively work with us on the School in achieving its strategic objectives. Members also take many levels, from developing strategy to identifying an active role in: attracting high profile academics and business opportunities and building engagements with people; representing and promoting the Business School within companies that are mutually advantageous.” the University, the broader business community in Australia and overseas; and in increasing opportunities for students. Initiatives

for students include members providing guest lectures and Board Room luncheons for high-achieving students.

Board Members 2009 Business School Board from left to right: Professor Iain Watson, Deputy Dean (Operations); Adrian Fini, Non-Executive Director, Mirvac Group; Professor Izan, Deputy Dean; Richard Goyder, CEO, Wesfarmers; Mark Barnaba, Chair; Professor Tracey Horton, Dean; Dr John Poynton AM, Executive Chairman, Azure Capital; Dr Tony Howarth AO, Chair, Fundraising Committee; Jimmy Wilson, President, BHP Billiton Stainless Steel; John Akehurst, Director, CSL Limited. Absent: Don Voelte, CEO, Woodside; Dr Fiona Wood AM, 14 Director, West Australian Burns Services. 15

Business School PARTNERSHIPS “Wisdom begins in wonder” Socrates

Connection to Industry

The UWA Business School Fundraising Campaign is amongst the most successful campaigns in the tertiary education sector in Australia. Key to this success are our connections and partnerships with the business community.

The Business School Campaign has developed innovative partnerships which have seen an increased level of investment from the corporate sector and individuals in key strategic research Woodside Professor of Leadership and Management, David Day. areas and the provision of scholarships for talented students. These partnerships represent a long-term and mutually beneficial Don Voelte, Chief Executive Officer, Woodside: commitment to building the business education capacity of Western Australia. “We have always recruited the State’s best and brightest geoscientists and engineers and contributed Funds raised have allowed the Business School to implement to various university schools. As a result, our State a wide range of programs that are relevant to and benefit the Western Australian business community. Thanks to the support now has a vibrant oil and gas community. As we of our donors we have 26 new scholarships, ten new prizes, two grow internationally we require greater business and new Professorial Chairs, three new Visiting Professor and Fellow commercial skills. It makes sense to us to nurture those programs (these will bring internationally renowned scholars to skills at the UWA Business School so we, and others, UWA over a five year period). Strategic partnerships with globally can benefit.” focused companies, and dedicated individuals, support our objective to take business education at UWA to a new level, Professor Tracey Horton, Dean of the UWA Business School: ensuring that Western Australia is recognised as an international “Ensuring we attract internationally-renowned Professors such as hub for business and leadership development. Professor Day is critically important in order to position the UWA Business School as a globally influential business school. We are Developing Our Leaders of the Future certain the appointment of Professor Day will reap related benefits for us in terms of attracting other highly-qualified Faculty members The appointment of internationally renowned Professor David Day to work at UWA Business School as well as high-potential PhD as the Woodside Professor in Leadership and Management is a students, who are much needed in order to ensure we have a key element in the joint strategy of Woodside and UWA Business robust pipeline of junior Faculty members for the future.” School to invest in improving the business and commercial skills Professor Day’s area of research expertise is in the process of of University graduates, as well as currently employed managers accelerating leadership development. One of his research projects and executives. Professor Day was appointed in 2008 to develop examines how leadership development can be made more a research focus and promote a scientific approach to the efficient and effective. complex areas of leadership, development and management.

16 17

Business School Connection to Industry

A Parallel Journey of Transformation

In a visionary gesture for which the UWA Business School will always be grateful, Wesfarmers was the first major company to make a commitment to the Business School Fundraising Campaign, donating one million dollars to support Business School strategic objectives. Having the support of Wesfarmers BHP Billiton Scholarships Awards Sundowner. early in the Business School Campaign increased the Business School’s ability to attract support for business education from Building Intellectual Capacity Sundowner with Students other parts of the Australian corporate sector. Wesfarmers and the UWA Business School have contributed The BHP Billiton Alliance is a partnership with a combined To celebrate the BHP Billiton Scholarship Awards, a sundowner to the development of Western Australia. Both Wesfarmers and contribution of $5 million over five years, from the four business for senior BHP executives, Business School academics and The University were established in the period immediately prior units of BHP Billiton (Iron Ore, Petroleum, Nickel West, Alumina) students was held in March 2009. The evening was introduced by to World War I, The University of Western Australia in 1911 and to further develop capability in resources areas directly relevant Professor Tracey Horton who highlighted the strong position the Wesfarmers in 1914 as the Westralian Farmers Co-operative. to BHP Billiton. The partnership includes funding a Professorial Business School holds with the business community via teaching, Wesfarmers’ early operations in rural services included wool and Chair in the Business of Resources and the BHP Billiton Research research and student experience links. wheat merchandising, grain and fruit exporting, oil distribution to Top left: Richard Goyder, CEO, Wesfarmers. Right: Exterior of Wesfarmers Lecture Theatre. Fellowship which recognises academic research excellence. Jimmy Wilson, President, BHP Billiton Stainless Steel Materials, rural areas, as well as Western Australia’s first public radio station. Professor Ken Clements has been awarded the BHP Research emphasised BHP Billiton’s commitment to supporting education Fellowship in recognition of his contribution to resource In the mid 1950s as Wesfarmers began a major diversification UWA Business School alumna Lisa Church BCom (Hons) (1994) that builds the intellectual capacity of the state, acknowledging economics. The BHP Scholarship Program will also distribute program with the formation of , for distribution is a Senior Project Analyst at Wesfarmers’ Corporate Office and the students of today are the workforce of tomorrow. Mr Wilson 12 scholarships valued between $20,000 and $50,000 to of liquefied petroleum gas and gas appliances, Professor Frank started her career at Wesfarmers Energy, subsequently working encouraged students to take advantage of the industry networks honours, masters and PhD students. Mauldon was successful in creating a new Faculty of Economics, on projects throughout the organisation: that the BHP Billiton Business School Alliance opens for future separate from the University’s Arts Faculty. In the 1970s when Chair of the Business School Board, Mark Barnaba, said: career prospects. “It is a long learning journey – you develop a career Wesfarmers was expanding internationally with a meat export “The investment by BHP Billiton represents a Professor Horton said: business to the Middle East, the Business School was investing over time. You have to continue to improve. You in Japanese Studies and the had its first intake of MBA students. must have a good work ethic, but are not expected to commitment to the development of leaders and “We are delighted to provide this opportunity for know everything when you start. It is a continuous graduates with the skills and talent to ensure continued students with the generous support of BHP Billiton. In the 1980s when Wesfarmers implemented major changes to development process.” economic growth at state and national levels. We know that financial support makes a difference to its operations and capital structure, and executed what was then Australia’s largest takeover (of CSBP), the Business School was BHP Billiton is to be commended for its commitment the quality of a university experience as students can In the spirit of Wesfarmers’ commitment to community, Lisa investing in multi-disciplinary industrial relations, immigration, to education generally and business education in focus their efforts on their studies rather than working now volunteers her time to UWA students by giving a lecture trade and globalisation studies and establishing the former on investment analysis for Professor Ray da Silva Rosa and Dr particular. Achieving at international standards of to support themselves.” Graduate School of Management as a centre for postgraduate Paul Crompton’s class, Finance and Economics for Minerals and excellence is an expensive and competitive enterprise. management education. Energy, discussing valuation methodologies in the context of the The support of major corporate leaders will help ensure Inaugural BHP Billiton Scholarship Recipients Strong values and the willingness to invest in people, offering Wesfarmers LNG business. Western Australia is at the centre of such activity.” BHP Billiton Postgraduate Research Scholarship diverse opportunities to develop through different parts of the Daniel Schepis business, are hallmarks of Wesfarmers’ culture. The UWA Mei-Hsui Chen Business School is proud to count many former and current BHP Billiton Honours Scholarship Wesfarmers senior executives as alumni, including Trevor David Halperin Eastwood, Michael Chaney, Richard Goyder, Gene Tilbrook, Jimmy Tran Keith Gordon, John Gillam, Tim Bult and Ian Hansen.

18 19

Business School Bringing Great Minds to Western Australia Alumni and Life-Long Learning Commitment to Business Education Our Partners

Together, Alcoa of Australia and UWA are enhancing the ability Ernst & Young continues to recruit high numbers of Business At an official signing ceremony, held at UWA’s Vice Chancellery to of the Business School to deliver world-class and accessible School graduates and alumni. Building a lifelong learning commemorate the WestNet Infrastructure Group-UWA Business professional development, building the capacity and skills of both relationship with our alumni is vital to the sustainability of the School partnership, WestNet Infrastructure Group’s CEO, the WA business and community sector. The Alcoa and UWA Business School, and its relevance to industry. Ernst & Young’s John Cleland, said the company was proud to partner with an partnership focuses on leadership education and training, in order corporate partnership with the Business School provides its staff institution of international prominence. to nurture the leaders of tomorrow. with opportunities to engage with us in a number of ways. “WestNet Infrastructure Group applauds the level The Alcoa Visiting Professor Program enables the UWA Business At a recent forum of our academic staff and Ernst & Young of excellence being achieved within the Business School to bring internationally renowned scholars to Perth to partners, the challenges facing both the private and public sector School and looks forward to maintaining a long- discuss and debate important and relevant issues for Western from an academic and commercial viewpoint were discussed. term involvement in the continuing development of Australian business leaders. Each visiting Professor delivers a Forum attendees identified risks, agreed upon a collaborative Principal Partners public program during their time at the University, including a free approach, and have drawn a plan of action to address the major internationally recognised business research and public lecture, a CEO business forum, an academic seminar and a issues in finding the next generation of accounting professionals. post-graduate education within The University of range of specialist industry-focused workshops at Alcoa and Western Australia,” Jeff Dowling, Managing Partner, Ernst & Young said that there are other companies. a number of benefits: Michelle Siekierka is the 2008 recipient of the WestNet Alcoa plays an important role in supporting the communities in Infrastructure Group Honours Scholarship. She is studying a which it operates and beyond, and invests in partnerships and “The great thing about this partnership is that it combined commerce and law degree and completed her honours initiatives that help build stronger communities for the future. benefits us on a number of levels. The branding benefits thesis in Finance on whether personality influences trading Alcoa’s Managing Director Mr Alan Cransberg, a UWA engineering are powerful, but we are also building long-term behaviour and portfolio performance. graduate, said the need to attract and retain a talented and skilled relationships with students, future employees and "What I liked about the WestNet Infrastructure Group Major Partners workforce was a key issue for many companies, including Alcoa. academics. Importantly, around 45% of current and Scholarship was that it was linked to more than just “At Alcoa, our people are our success. We simply would not former graduates at EY in Perth originated from UWA, academic results – it seemed to be more personal and have a business at all without our talented and dedicated people, so it’s a way for us to give back to our community. and so we recognise that investing in world-class professional took into account how your values aligned to the values development is essential.” The connection with UWA Business School has been of the organisation. Extracurricular activities and incredibly well received and has already raised our demonstrated leadership ability were also important," Mal Briggs, UWA Alumni, Executive MBA, started as a senior project engineer for Alcoa’s refineries, then progressing to profile in the Western Australian business community. Michelle said. operational roles at Alcoa’s various WA mine sites, before taking We will have the opportunity to become involved Michelle also completed a three-month vacation work position Supporting Partners on his current role as Engineering and Operations Manager for the through ‘spot’ lectures and providing case studies. where she worked in HR, accounting and in the WestNet Rail Alcoa WA Mining Group. The Business School educates the future generation of commercial team. WestNet Rail is responsible for managing rail infrastructure in Western Australia. “I decided to complete an Executive MBA because I felt EY people and will help us attract the best talent for Gold Corporate Circle Member the need to challenge myself in an academic sense, the future.” "I developed a model to investigate the profitability of grain lines. WestNet Rail staff were willing to answer my questions and as well as elevate my thinking to incorporate a strategic As part of a five-year partnership, a 150-seat lecture theatre discuss how to approach the issues encountered. I was proud to approach to issues rather than the day-to-day tactical is named the Ernst & Young Lecture Theatre and UWA alumni participate in meetings and discuss the model – and for the model working at Ernst & Young provide insight to their work through approach so commonly used. In addition, I was to be put into use!" presentations at tutorials and lectures for current students. confident the learning would help both me and Alcoa The UWA Business School is committed to the ongoing by broadening my skills and flexibility for the future.” development of a scholarship program which brings the brightest Silver Corporate Circle Members young minds and industry together. 20 21

Business School “If you have knowledge,

ACADEMIC PURSUIT let others light their candles in it.” Albert Einstein

Striving Towards Global Excellence

The University of Western Australia's overarching ambition is to be counted among the top 50 universities in the world.

Our University recognises that in the global environment in which UWA graduates and the Western Australian business and industry sectors operate, strong international connections and partnerships that support innovation and research at a global scale are the major driver of prosperity and growth.

Over almost a century, The University of Western Australia has become a major international gateway for the State through 1930 – Students.

“Let us think of education as the means of developing our greatest abilities, because in each of us there is a private hope and dream which, fulfilled, can be translated into benefit for everyone and greater strength for [a] nation.”

John F. Kennedy

the many and varied international relationships generated by Professor Iain Watson, Deputy Dean (Operations) researchers, students and graduates. Business School:

The new UWA Business School state-of-the-art facilities house “A point of difference for UWA is our students are progress towards a brilliant future. amongst the brightest in the country. They are in high Professor Alan Robson, Vice-Chancellor, UWA: demand from recruiters and typically, their career trajectories are steep. The best skill we can pass on is to “The opening of this new chapter in business learn how to learn, to reason, to ask the right questions education provides us with an opportunity to formally through integrating research and analytical skills into acknowledge the vision of the original founders of the classroom. This gives students the ability to think The University of Western Australia and look towards a critically and solve problems. These skills differentiate future in which this great institution is positioned well our students.” to deal with the challenges and accept the opportunities of the years ahead.”

22 23

Business School Marketing Economics

Professor Geoffrey Soutar Professor Soutar has published more than 150 research papers Professor Kenneth Clements Professor Clements is known for his dry humour and for making in journals and as book chapters. He has also published a number lectures contextually interesting to students by incorporating Head of Discipline of research monographs, across a wide range of management Head of Discipline economic events as they are reported in the financial press. Professor Geoff Soutar is an expert in consumer behaviour and marketing areas and has presented more than 300 papers Ken Clements has been a Professor of Economics since 1981. at seminars and international conferences. He is a member of the “Above all else, I endeavour to give prominence to research and some of his current research investigates the He was one of the youngest people to be appointed a Professor clarity of thought and clarity of exposition … influence of ‘word-of-mouth’, personal values and groups on editorial board of the Australasian Marketing Journal, the Journal in Australia, and the Western Mail reported, “Professors of I have been very fortunate at UWA to work with a consumption decisions. of Management & Organisation and the Australasian Journal of Economics are a rare breed, but to acquire that status at age 30 Market & Social Research. years requires extraordinary talent.” succession of excellent honours, masters and PhD Professor Soutar is currently involved in a world-first, national students, whose research I have supervised. Some research project called Building Better Brands: A study of Australian Professor Soutar has won numerous awards for excellence in Professor Clements completed a doctorate at the University of Organisations and Consumers. The study investigates how brand teaching culminating in being awarded an Australian Teaching and Chicago with the Nobel Prize winners and intellectual economics of these students now occupy high-level positions in strategies increase the competitiveness of Australian industry. Learning Council Citation for Outstanding Contributions to Student icons of the time including Friedman, Miller, Stigler, Becker, Lucas, academia, business and government.” Learning in 2008. Many of Professor Soutar’s students have gone Scholes and Schultz. This research grounding in one of the best Professor Soutar has always been at the leading edge of One of these former students, Dr Li Lian Ong, was co-supervised on to make major contributions to marketing research. universities in the world has provided Professor Clements with the marketing research in Australia. In 2008 he was awarded the by Professors Clements and Izan and is now a Deputy Division foundation to build a formidable reputation in Economics research. prestigious Distinguished Researcher Award from the Australian Yvonne Wallis founded The Wallis Group in 1991 and it has Chief at the International Monetary Fund, Washington, DC. He is internationally renowned for his research in international and New Zealand Marketing Academy in recognition of his become one of Australia’s top marketing research companies, finance, monetary economics and the economics of vice. In 2008 Dr Ong worked closely with Professors Clements and Izan to extensive contribution to the field of study. Professor Soutar is a She said of Professor Soutar: Professor Clements was awarded the inaugural BHP Billiton develop a new very influential area of price-indexing research graduate in Economics from UWA Business School, which was “As a student, it became very clear that Geoff had Research Fellow in recognition of his research contribution to the which continues to provide insights into questions of purchasing one of the first in Australia to appoint a Chair of Marketing in trained with leading academics in his field, that he Business School in the area of resources. power parity theory. She wrote her doctoral thesis on exchange- 1966. Professor Soutar recollects his early days as a marketing was at the cutting edge, and that we were benefiting rate economics of the now-famous Big Mac prices index academic and the extraordinary growth in marketing research. Professor Clements is married to Professor Izan, Deputy Dean and published annually by The Economist. She describes being from that. This became particularly evident when we fellow Chicago PhD. Professors Clements and Izan are renowned “I attended the first marketing conference held by marketing supervised by Professors Clements and Izan as an intellectual presented papers at national conferences. We never felt among the intellectual stalwarts of the Business School, having academics in Australia in 1974 at the University of NSW. collaboration of teamwork and comments that they both have contributed over 50 years combined to teaching and research. There were so few marketing academics that we fitted into a short of Ivy League.” “a history for being very much appreciated by their students.” Professor Ray da Silva Rosa, Head of Discipline Accounting and tutorial room. On the other hand, at the 2005 Australian New Finance and a former student of Professor Izan said: Professors Clements and Izan’s commitment to scholarly excellence Zealand Marketing Academy Conference that the UWA Business extends to involvement with the annual UWA and Australian School hosted, over 500 academics attended.” “Ken and Izan are very collaborative people. They are National University PhD Conference in Economics and Business. people who give a lot of their time to help others, much The conference attracts PhD students from all major Australian more than you could reasonably expect as a student or universities, as well as a number of leading overseas institutions. fellow faculty member.”

24 25

Business School Management and Organisations Accounting and Finance

Professor John Cordery Professor Cordery is particularly focused on the design and Professor Raymond da Silva Rosa The Sunday Times published “Don’t Just Blame Greed for the management of teams in work settings. He is currently working Crisis” in an attempt to challenge the public conception that Head of Discipline on an international project team with Alcoa investigating the Head of Discipline greed was the heart of the financial sector problem. Professor da effectiveness of global virtual teams and communities. The Silva Rosa highlights the role regulation can play in facilitating the The Management and Organisations group comprises academics Professor Raymond da Silva Rosa is a graduate of the Accounting collaborating partners are from the University of Connecticut, smooth functioning of capital markets and the unregulated flow from a number of cognate disciplines including psychology, and Finance program at UWA. He was in the same honours University of North Carolina - Chapel Hill, and Texas A&M of capital, leading to unsustainable debt-to-capital ratios should sociology, economics, political science and computer science, class as Business School Board Chair, Mark Barnaba and fondly University. Professor Cordery has an extensive body of research asset valuations fall. He is astute in his ability to clearly explain with a common focus on the effective management of remembers being taught Management Accounting by Professor in the applied workplace setting and this project idea was complex capital market ideas. organisations within contemporary society. The work of the group Izan, Investment Analysis by Professor Philip Brown and Marketing originally developed in Western Australia as a result of the strong spans a broad range of specific fields of study, including human by Professor Geoff Soutar. Professor da Silva Rosa recalls the Professor da Silva Rosa joined Professor Clements to lead a links between UWA Business School and industry. resource management, organisational behaviour, leadership, influence of these professors on his academic direction. public forum and panel discussion The Financial Crisis: What it employment relations, strategic and international management, “The Alcoa global virtual teams project was set up to investigate Means to You and the WA Economy to a capacity audience at “In my time as a student the department was heavily information management, transportation and logistics. how operational knowledge regarding best practices could be the Murdoch Lecture Theatre in the early months of the 2008 better captured and distributed. From a work design perspective, influenced by the University of Chicago professors – financial crises. Professor Cordery’s research portfolio relates to the effective I am interested in finding out what structures and processes work Izan, Ken Clements, Ian Eggleton and Philip Brown. management of people in organisations, and reflects his early Many UWA professors have established international links in order best when it comes to managing teams whose membership is In Accounting and Finance this meant exposure to training as an organisational psychologist. After an early academic to collaborate on research. Professor da Silva Rosa and Professor spread around the globe and across many nationalities, who rarely career in a psychology department, he moved into the Business rigorous critical thinking, excellent research training, Izan were instrumental in bringing Professor of Finance, David meet face-to-face, and whose interactions occur almost entirely School environment where the developing field of human resource a strong belief in the value of markets, and between Yermack from Stern School of Business, New York to the UWA via electronic media and across multiple time zones. It’s really management offered increased opportunities to become involved Philip and Izan … world-class expertise in Capital Business School as a Stan & Jean Perron Visiting Fellow. exciting to be able to work closely with Alcoa and the global virtual in practitioner-oriented teaching and industry-based research. teams to identify ways of improving their performance.” Markets research.” One of Professor Yermack’s primary research areas is executive “It is now readily acknowledged that well-designed compensation through the timing of issuing share options. His James Grey, Alcoa Best Practice Transfer Specialist said of the As Head of Discipline, having built a research profile in behavioural research revealed a high degree of tampering and an astonishing people management policies and practices are critical working process with Professor Cordery and the Business School finance, corporate governance, and mergers and acquisitions, level of fraud amongst a number of Fortune 500 Companies. for organisational success, and can even act as a source research team: Professor da Silva Rosa is now highly sought after for opinion A number of executives have, since been jailed for fraud charges of competitive advantage for firms. Research into on matters of community interest, particularly from financial “When we first established global virtual teams, we realised we journalists. on the basis of these research findings. A UWA honours student how people behave at work and in organisations has needed to access the best knowledge in this field to critique our is currently working with Professor Yermack to apply the research emerged as a developing area of strategic importance approach. Our involvement with John and his group has enabled In the wake of the global financial crisis he wrote several opinion methodology to Australian data. for UWA and its Business School. Over the past us to adopt leading edge processes to support the teams and pieces. In October 2008 The Age published “When Nobody Wants to Know” investigating the structural weakness of a mortgage- few years, we have strengthened our capability in improve their effectiveness. Being able to directly relate theory backed securities market that incentivised the under-estimation of this area, recruiting some leading Australian and and research to the practical problems of running global virtual teams continues to help us deliver a world class system.” risk through a tier of commissioning mechanisms that created an international academics to teach and research in the eventual ‘house of cards’ collapse. areas of organisational behaviour and human resource management.”

26 27

Business School STUDENTS AND LEARNING A World-Class Business School

Benchmarking Internationally for Qualityt Professor Izan, Deputy Dean, oversees the Business School’s international accreditation process. Professor Izan’s dedication to ensuring a quality education for students is demonstrated by the level of evidence based rigour she has developed to benchmark UWA Business School achievement against international standards of excellence.

The first woman appointed to a professorship in Accounting and Finance in Australia (one of only a handful in the world), Professor Izan is renowned for her research achievements as Professor Izan, Deputy Dean. a Chicago University trained PhD and an ongoing commitment to teaching. UWA Business School is currently in the process of seeking accreditation through the Association to Advance Collegiate “Nothing beats working with bright honours students. Schools of Business (AACSB). AACSB is a system of I can’t resist. I get a kick out of teaching them,” says accreditation developed in the United States and institutions Professor Izan. that earn accreditation confirm their commitment to quality and continuous improvement through a rigorous and Professor Izan’s commitment to high intellectual standards comprehensive peer review. AACSB International accreditation combined with a passion for demonstrating the quality of UWA is another hallmark of excellence in management education. education outcomes are the hallmarks of the UWA Business School accreditation process she has developed. The Business School reaps the rewards of producing quality students in many ways. At the celebrations to open the new Internationally benchmarked systems of accreditation involve a Business School building Professor Alan Robson said: collection and investigation of measured outcomes of the Business School across a range of indicators for quality. These include the “Outstanding achievements require determined level of international research activity, academic qualifications of the commitment and passion by all involved. Significant teaching staff and teaching and learning measures. in leading the achievements outlined here at the Accreditation is a mark of quality for the UWA Business Business School are our graduates. The virtuous cycle School and represents a dedication to maintaining high levels of graduates and friends of this University investing to of international quality research. It also demonstrates our ensure that we can reach new heights is the key to our commitment to incorporating research links into the learning experience in order to produce students with critical and ongoing future success.” analytical skills.

The UWA Business School is the only business school in Western Australia accredited through the European Quality Improvement System (EQUIS). EQUIS is a leading international system of quality assessment, improvement, and accreditation of higher education institutions in management and business administration.

28 29

Business School Student Connections

Professor Phil Hancock in action at the Ernst & Young Lecture Theatre. Professor Ken Clements. High school students attending information session. Professor Ray da Silva Rosa. Students in the Business School common room.

An Exceptional Learning Experience The spirit of the building is to support free thinking and creativity Students Support Each Other Professor Phil Hancock said of these results: with no constraints and the building is designed to be liveable and Student experiences in the classroom are the single most welcoming to create a sense of ownership. The student common Transition from the nurturing environment of school-based learning “I was first introduced to the PASS program at a half important influence on student perceptions which remain room with 24-hour access is an example of this principle. to an independent learning environment within a university can be yearly meeting of the Australian Business Associate after studies are completed. The Business School has a long The design of space must be flexible enough to accommodate difficult for many new students. In response to this challenge, the Deans at the University of Sydney in 2007. When we history of exceptional teachers with far-reaching impact on their the different ways that students approach learning. Throughout Business School has implemented Peer Assisted Study Sessions started the PASS program in 2008, I was optimistic students. Professor Phil Hancock, Associate Dean of Teaching the building there are small meeting rooms, breakout areas, case (PASS), a student-to-student peer learning program, designed to about the prospects for helping students. However, and Learning continues to enhance the learning environment study rooms and larger lecture theatres. Furniture is not fixed in consolidate learning, reinforce key concepts and develop effective I didn’t imagine it would have the incredible impact that within the School through his work with the faculty and students. the learning spaces to promote the interaction and the movement study strategies. He has implemented a number of strategies to further develop between multiple work-use zones. it has done in the first year. In addition to the academic In the inaugural year over 400 first-year students enrolled in the students and to provide a rich and rewarding international learning benefits as found in the Birch and Li study, students Professor Tracey Horton said: first semester program. Twenty-one high achieving students are experience. Programs include The Excellence in Teaching Awards also commented in surveys that it provided a sense of participating as peer leaders. Ongoing training support and day- and the Peer Assisted Study Session (PASS). “We want our students and staff to be enquiring, to-day leadership experience provides peer leaders with a chance community and belonging for them.” Our academic staff are always striving to develop new and innovative and free-thinking and the physical space of to improve their leadership, teamwork and communication skills dynamic alternate teaching styles to students and remain on the the new, purpose-built Business School will facilitate and attributes valued by future employers. cutting edge of business global trends. Professor Jamie Murphy these qualities.” Elisa Rose Birch and Ian Li, from the Business School conducted worked with Google to develop an international online marketing a research project to investigate the impact of participation in the challenge. Annually, the Business School recognises teaching PASS program on the academic performance of students. Birch excellence through the Faculty Teaching Awards. and Li found Business School students who participate in the The new state-of-the-art Business School facility has been PASS program achieve higher grades compared with those who designed to facilitate the very best learning outcomes. Five design do not. The benefit is more pronounced for students who start the principles applied to the UWA Business School which create year with lower grades. an optimum learning environment are spirit, flexibility, mobility, connectivity and liveability.

30 31

Business School A Global Real-World Challenge dozen academics from eight countries chose the winning team UWA Business School Students led by Dr Fang Liu, their Marketing lecturer. The team of Aaron UWA Business School Professor of E-Marketing Jamie Murphy Balm, Lauren Bobridge, Amy Smith, Victor Tsen and Arina Usikov Seeing the Problem, Providing the Solutions worked with a UWA graduate at Google to develop and run the won the competition with a campaign for The Hangout, Perth’s Students in Free Enterprise (SIFE) members are UWA Business Google Online Marketing Challenge. In this real-time marketing indoor rock climbing and abseiling centre. School students who make a difference in their communities challenge, students spend $200 per team to place online Dr Fang Lui said: today as the entrepreneurs and business leaders of tomorrow. advertising with AdWords (Google’s flagship advertising product). The mission of SIFE UWA is to create local solutions to global The student teams work with the business in a client relationship “The experience gives our students the opportunity problems. Every year, UWA Business School SIFE teams generate to identify an online marketing strategy and implement the to gain industry experience in a real-world setting. a portfolio of projects targeting the most pressing issues facing advertising campaign. The team that won understood the fundamental our community. In 2008 a UWA SIFE team reached the SIFE Established in 2008, Google’s inaugural global competition had tenet of all marketing – know your consumer. They World Cup semi-finals in Singapore with a range of projects on over 1600 competing student teams from 47 countries. A team consistently monitored their website and they came challenges ranging from youth obesity to global warming. of five from the UWA Business School won first prize in the up with numerous strategies, identified segments and 2009 SIFE team member, Scott Molloy is leading an essay Global Google Online Marketing Challenge. positioning; they adjusted the ad campaign on the basis competition for high school students on the topic of the global Business School student common room. While Professor Murphy developed this innovative approach to of the Google data feedback available.” financial crisis. Scott is a Commerce and Law student and a teaching marketing, Google and an independent team of over a WestNet Infrastructure Group Scholarship recipient. In 2008 ECOMS Celebrates 60th Anniversary Scott completed his honours thesis investigating the evolving Brad Kerin, President The winning team of Dr Fang Lui, Aaron Balm, Amy Smith, Lauren Bobridge, Victor Tsen, and Arina Usikov. financial crisis, which has given him a solid grounding in finance and a passion for taking an analytical and strategic view. The ECOMS is a student society which was established 60 years SIFE global financial crisis essay project is a chance for him to ago. Originally the ‘Economics Students Club’, it was an extend his leadership qualities and contribute to young people’s education-based society, focusing upon the discussion and understanding of the value of business education. study of economic theory in practice.

Students can interpret the topic to match their own interest. The ECOMS of today has developed into a community that is For example, a history student could compare the crisis to the almost unrecognisable in comparison. The exuberant seventies Great Depression, or a political and legal studies student could and eighties provided ECOMS with long traditions of good write on the role of government in regulating business. times at excellent social events. Constant evolution has seen ECOMS broaden its events to encompass the ideals and goals of the Business School and the different interests of combined degree students including educational networking seminars and professional events linking students at UWA with Western Australia’s business community.

In 2009, ECOMS is celebrating its 60th Anniversary and the end of the year will see a Gala Celebration. Of course, birthday celebrations are not complete without presents, and we have been given a great gift – not only a new Business School building on the beautiful Swan River, but a fantastic and spacious Student Common Room and ECOMS Office.

32 33

Business School ALUMNI A Rich History of Connections

Distinguished Alumnus

Dr Michael Chaney AO, BSc 1972, MBA 1980, HonDocLaws 2002 Chancellor, The University of Western Australia

In 2004 Dr Chaney was awarded the Officer of the Order of Australia for services to business and community. He built a commercial career at Wesfarmers starting in 1983 as Company Secretary and Administration Manager. He became Finance Director in 1984 and Managing Director in 1992 and retired from Dr Chaney was impressed by Morkel’s insightful observation of Wesfarmers in 2005. Dr Chaney is Chairman of the National human behaviour combined with a capacity to take ‘a helicopter Australia Bank, Ltd and Gresham Partners view’ in discussions of strategy. There were other key influences Holdings. Dr Chaney was inaugurated as the 14th Chancellor during this time. of The University of Western Australia in 2006. He is one of the most respected business leaders in the country for his business “I also had real admiration for others; Geoff Soutar for acumen combined with a commitment to community values. marketing; and Robert Elstone, now Chief Executive of the Australian Stock Exchange in Sydney for Investment In 1972 Dr Chaney completed a science degree in geology at The University of Western Australia and began his career as an Analysis and Portfolio Theory, one of the most difficult oil geologist working in the United States. In a recent interview he classes intellectually and also the most rewarding, as is reflected on his transition into commercial life. The journey began often the case. when he took a short executive course at Merrill Lynch while living in the United States. I found the Finance units fascinating in my MBA, with no prior knowledge. Ian Scarman was an excellent “I took the class out of interest. I didn’t know much teacher in Business Finance. My experience studying about the stock market, and I now realise that was finance at UWA motivated me to pursue a career first in a sign that I had some interest in commercial life. investment banking and eventually as Chief Financial Looking back I also realise that the geology class that Officer at Wesfarmers.” interested me the most was studying the commercial In reflecting on his time as a student at UWA, Dr Chaney says; evaluation of mines. I started the MBA, also at UWA, because I wanted to expand my career opportunities. “I realised the more you put into your studies, the more you get I took to the study like a duck to water.” out of them. While it seems obvious, this insight did not occur to me early in my university studies. I was pretty slack when I took Dr Chaney keenly remembers Administrative Policy with Professor my science degree. In contrast, I invested a huge effort into my Andre Morkel: MBA studies and I believe I reaped tremendous benefits. I would “The class was about business strategy. We did a case study advise all students to participate in all aspects of their university and we presented our conclusions and Andre proceeded to experience because it’s very enriching.” demonstrate how we had missed the most important issue. Dr Michael Chaney is a Leadership Donor to The Business School He demonstrated an ability to think laterally.” Futures Fund.

34 35

Business School Alumni through the decades

Graduate Management Association William (Bill) Hoff BA 1958 Retired Defence Economist, UWA Mentor The Graduate Management Association (GMA) is the Business Bill Hoff participated in the general management course available School postgraduate alumni body that provides a wide range of post-WWII as a cadetship recipient with the Commonwealth Public social, networking and career services for postgraduate students Service. Bill spent three years studying economics with Professor and alumni including guest speakers, golf days and family Mauldon. He also studied economic history with Emeritus Professor barbeques. An example is the GMA Leadership Link, a guest Reg Appleyard. He worked in the area of economic analysis and speaker program which provides members with the opportunity research of the oil sector and in particular the import parity pricing to gain personal perspectives on leadership from distinguished of oil for the Tarrif Board in Canberra. During the 1980s he worked UWA alumni. for the Joint Intelligence Organisation in Defence conducting At the inaugural event, Dr Mike Fitzpatrick, Australian Football economic analysis of the Middle East crisis and developing policy. League Chairman, non-executive director of and a former He retired in 1989 and is currently mentoring a UWA student in Rhodes Scholar, shared his insights and perspectives on leadership mathematical economics, international trade and linguistics. throughout a career which spans over 28 years in the financial 50s sector, to an enthusiastic audience. Dr Fitzpatrick’s contribution to Image Courtesy of GFP Graduations business and the community was recently acknowledged with the Dr Mike Fitzpatrick is awarded a honorary doctorate by Dr Michael Chaney, Chancellor and Patron of the GMA. award of a honorary UWA Doctorate of Laws. Pat Breuer has been a member of the GMA Council for three also observed people working in big organisations who don’t years and became President in 2008. Pat holds a passionate know who they work for or what they are trying to achieve, which belief in the value of participating in activities. detrimentally impacts culture. To have the opportunity to hear A GMA highlight for Pat was Sir Rod Eddington’s keynote Sir Rod’s views in a personal setting was amazing.” speech at the 2007 GMA Dinner: Pat advises students to get involved in the many activities for postgraduate students while studying: “Much of my learning in the MBA program was from my fellow students who had many years of management “The Sir Rod Eddington’s and the Michael Chaney’s 60s experience between them. When I graduated with of the now and in the future, will be those people who my MBA degree, the GMA provided an opportunity to are studying with you now. Ensure you maintain those maintain this bond and to expand my network to other links, continue your learning and access the networks William (Bill) Robertson BEc 1965, BCom 1969 Elizabeth Heenan BEc (Hons) 1965, BJuris (Hons)1974, postgraduate alumni.” available to you.” Director, Bill Robertson & Associates LLB (Hons) 1975 Special Counsel, Marks & Sands Lawyers Sir Rod Eddington said: Bill Robertson worked at Wesfarmers for 28 years. He retired “I listened to Sir Rod Eddington talk about his experiences as as Strategic Planning Coordinator in 1995 and subsequently Elizabeth Heenan (née Doherty) has fulfilled a number of CEO of British Airways, an organisation that was in trouble. “I have very fond memories of my time at UWA. The education established a boutique strategic planning consultancy whose management roles within Marks & Sands, including as a former I was impressed that the first task he set himself was to take I received has served me well and it gives me a great deal of clients have included Foodland and West Australian Newspapers. Partner. She is considered an authority on complex Probate the time to personally engage people throughout the ranks. He satisfaction to continue on this path of life-long learning with my matters amongst Perth lawyers. Elizabeth has been a member was genuine in his message about being interested in people fellow alumni.” of the Attorney-General’s Succession Law Review Committee and saw the benefit of empowering staff. It was a simple but Sir Rod Eddington is a Leadership Donor to the Business School (since 2004); Director of Australian Women Lawyers (2006-2008); powerful message that really resonated with me at the time Futures Fund. Legal Member of the King Edward Memorial Hospital and Princess because I personally had witnessed a lot of the leadership in Margaret Hospital for Children (Joint Ethics Committee 2000-2008). large companies become disengaged with their staff, and have

36 37

Business School “Life here at UWA is a vibrant community… Aaron Constantine BEc 1985, BCom 1990 clubs and societies, teachers, tutors and peers. Executive Director, Paterson Securities It was a life-enhancing experience. Taking life Aaron Constantine commenced with Patersons in 1985 and by the horns, charging boldly into the future became an Executive Director in 1990 and then Head of I will gain more knowledge and experience, Corporate Finance in 1999. In that time Patersons has grown from a single office Western Australian firm to become one of and continue to build on the foundations of a Australia’s largest full service stockbroking firms with 18 offices wonderful education.” around Australia, employing a large number of former UWA students. He now manages a team of 23 executives located in Hayley Parker, BCom, 2008 Perth, Sydney and that has become the most active President of ECOMS, 2007 arrangers, by number, of new equity issues in Australia. From a speech celebrating the opening of the new Business School facilities 2000s 70s

David Ryan BCom 1970 Senior Project Manager, Department of State Development

On graduating in the 1970s David Ryan spent a number of years working for BHP Billiton Petroleum and built expertise in developing energy projects. Later, based in Melbourne he worked for Chevron on the Bass Strait Oil and Gas Project. He returned to Perth to work for the State Government New Energy Group. In his current role he is the State Agreement Manager for Collie 90s coal mine projects and development plans. 80s

Karen Field BEc 1971 Virginia Christie BEc (Hons) 1989 Adrian Arundell BCom 1994 Sarah Fordham, Alcoa, Executive MBA 2006 Director, Water Corporation Western Australian Senior Representative Partner, Corporate Finance, KPMG National Community Partnerships Manager, Alcoa Reserve Bank of Australia (RBA) Karen Field was the first Australian woman to head a major mine Having commenced his career in Perth, Adrian has worked in Sarah Fordham has an established reputation building operation when appointed President of the Minera Alumbrera Virginia Christie gives an annual lecture on Monetary Economics KPMG offices around the world, including London, Vancouver community partnerships. She completed the Executive MBA US$1.2billion Copper/Gold Joint Venture project in Argentina, to Professor Ken Clements’ undergraduate class. Many students and Paris and most recently Sydney. Experienced in the field with a view to moving into a strategically focused role. In 2008 a position she held from 1997-2007. She was one of the few benefit from insights into the practical workings of the RBA of merger and aquisitions transactions he has gained over she achieved this goal being appointed National Community women studying economics in the 1970s and convinced a and information on a potential career path with the Central 12 years in KPMG’s Corporate Finance practice, including Partnership Manager with Alcoa. Sarah has recently accepted a friend to change from arts to economics so she knew someone. Bank. Virginia said that a number of UWA students have been various valuations, capital raisings, acquisition and divestment nomination to sit on the Business School Ambassadorial Council. After graduating Karen went into mining because it was ‘the successful in the Bank’s graduate recruitment program over a transactions. He is a 2009 recipient of a WA Business News Nina Yiannopoulos BEc (Hons) 2008 most exciting game in town.’ She currently holds Company period of many years. She highlighted that this success reflects 40 under 40 award. Adrian has recently been appointed an UWA Business School Economics Tutor/Law student Directorships with Sipa Resources Ltd, the Water Corporation on both the quality of teaching and students’ ability to logically inaugural member of the Western Australian Chapter of the and Western Power and in the not-for-profit sector, Amana reason their way through complex economic problems based on Ambassadorial Council, which is an international network of In the final year of her economics degree with First-Class Living, Aged Care. their understanding of core economic principles. Business School alumni and business community leaders. Honours, Nina Yiannopoulos participated in the Reserve Bank of Australia (RBA) intern program. She will move to Sydney to take up a two year cadetship with the RBA in 2010.

38 39

Business School PHILANTHROPY The Business School Futures Fund

Prosperity through Generosity

The Business School Futures Fund is a critical element of The Business School Campaign. Futures Funds raised have allowed the Business School to implement a wide range of programs benefiting students, the faculty and the Western Australian business community. Thanks to the support of our donors we have established 26 new scholarships, 10 new prizes,

2 new Professorial Chairs, 3 new Visiting Professor and Fellow Image Courtesy of GFP Graduations programs (these will bring 19 visiting fellows to UWA over a five Left: Dr Stan Perron is awarded a Honorary Doctorate by Dr Michael Chaney, Chancellor. Right: Dr Kunal Basu, Professor Tracey Horton, Alan Cransberg, CEO, Alcoa. year period). We have 15 strategic corporate partnerships and over 768 individual donors.

Western Australian philanthropists Stan and Jean Perron have imperatives of profit making. He spoke at a Leaders Lunch, contributed significant funds to establish the UWA Business presenting his research paper “Beyond Selfishness” as a School Visiting Fellow Program in Ethics and/or Entrepreneurship. platform to investigate the different CSR personality types Along with the Alcoa and NWQ Capital Visiting Professor of companies. programs, the goal is to bring internationally acclaimed professors Dr Basu’s provocative presentation challenged contemporary to Perth to share their research findings. The Business School assumptions underpinning economic thought as he described hosts a number of public events with visiting professors, including the global financial crisis as ground zero for re-assessing our academic seminars for staff and students, a free public forum and societal values and economic direction. Professor Horton invited a Leaders Lunch for business executives. guests to continue discussions over lunch. There were some According to Professor Tracey Horton, Dean: very lively, remarkable and contested deliberations amongst the attending business executives. “The Visiting Professor programs allow us to encourage the interchange of ideas between academics and the Professor Tracey Horton suggested Dr Basu’s visit was salient for business today and noted the depth and level of the discussion business community around important questions facing showed that UWA and the business community were well business leaders and the community at large. In the past informed and engaged with shifts in the larger global market. year alone, topics have ranged from the measurement The UWA Business School, true to its motto to seek wisdom, of happiness, to the importance of corporate social highly values the contributions of all those who seek knowledge responsibility to executive compensation. As a leading through the path of open discussion and full enquiry. Professor Business School, the role of facilitating dialogue, debate Tracey Horton said: and discussion throughout the community is one that “Dr Basu’s visit signals to us that we are on the right we emphasise and value.” track and are asking the right questions. The global In light of the global economic crisis many people are interchange of ideas association between UWA and Oxford questioning the fundamental economic principles of a free is something we continue to pursue. Thanks to Stan and market and democratic capitalist economies. One such critic Jean Perron for their gracious generosity to support these is the 2009 Stan and Jean Perron Fellow, Dr Kunal Basu from Oxford University. Dr Basu’s area of research expertise initiatives. This event, which extends the reach of inquiry is Corporate Social Responsibility (CSR) and the role of and discussion beyond university grounds, would not have corporations in contributing to society beyond the economic been possible without their support.” 40 41

Business School As a young executive at Wesfarmers (formerly Westralian Farmers Reasons for Giving “My family has always believed that education is the Co-operative) in the 1970s, Trevor remembers seeking the advice best way to help everyone help themselves. I was lucky of Dr Rony Gabbay to better understand Muslim culture and “What better legacy can one leave than one in which enough to be brought up with the view that education slaughter practices in order to export beef to the Middle East. he or she leaves the world a better place. Nancy and was the only option. Now, this is how we as a family can Later the connection to UWA business education expertise was I believe education is the one real hope that can maintained through Professor Andre Morkel, who was invited to usefully assist others.” promulgate a better and more peaceful world. ” Wesfarmers strategic planning sessions. Robyn Ahern, Alumni, Business School Donor Don Voelte, Business School Leadership Donor Years later Professor Andre Morkel confessed to Dr Eastwood that he had been extremely nervous about this opportunity and “I feel so fortunate to receive this scholarship and very worried about bringing academic ideas into the ‘real world’. “Having spent many years working in the United States, grateful for the opportunities it provides. Perhaps Trevor responded that at Wesfarmers, they had all been equally I recognise that in order for Australian universities to nervous about … the great guru coming to talk to us! In fact these how I have benefited the most from the scholarship, compete internationally, broadening and deepening the sessions contributed to Wesfarmers transition from a farming is a greater understanding of the good that can come level of philanthropy remains a key challenge.” co-operative to a listed company, and in particular the concept through philanthropy and I hope in the future I am in a of “growth through logical incrementalisation”, which was an idea James McClements, Alumni, Business School Leadership Donor and Mining position to give back and benefit others.” Image Courtesy of GFP Graduations introduced by Professor Morkel. Leaders Scholarship Fund Donor Left to right: Dr Trevor Eastwood is congratulated on receiving a Honorary Doctorate Grant Gillmore, Craig Coleman Scholarship Recipient by Dr Tony Howarth, Dr Michael Chaney, Dr John Poynton, Professor Tracey Horton. “We took it seriously,” says Trevor. “We expanded into areas where we had knowledge and some experience to Conversation with a Philanthropist diversify and grow Wesfarmers.”

Dr Trevor Eastwood is a Leadership Donor to the Business School Under the leadership of Dr Trevor Eastwood as Managing Director Futures Fund. He is the former Managing Director and Chairman and later as Chairman, the transformation of Wesfarmers from a of Wesfarmers. Trevor is recognised for the financial discipline farming co-operative to one of the pre-eminent diversified listed instilled under his regime, which remains a feature of Wesfarmers. companies in Australia is well documented. Over the course of his He has held directorships with Airways, Bankwest and time at Wesfarmers Dr Eastwood maintained a connection to the West Australian Newspapers. Dr Eastwood started at Wesfarmers former Graduate School of Management (GSM) through Professor as a sponsored graduate during the vacation break, when Andre Morkel and was invited to become the inaugural Chair Wesfarmers was a farmers co-operative. of the former GSM Advisory Council. Dr Eastwood credits the transforming nature of education to realise potential for individuals, Dr Trevor Eastwood has a long association with UWA Business for business and for society. School. He was an undergraduate in Engineering when he took an elective in Commerce in his final year and realised his future was “A commitment to education is the greatest gift you in the world of commerce. He never worked as an engineer and can give to the next generation. If we are to prosper has maintained a connection with our Business School professors as nation, and as a society we ought to ensure the throughout his working life. next generation is significantly better off than the Dr Eastwood says: last. My time at UWA and Harvard are two of the “Knowledge is powerful. The greatest asset you have greatest influences in my life, without one or the other from an undergraduate degree is a proven ability to I wouldn’t be nearly as successful or productive. It is learn, which provides a springboard for the future.” hard to imagine what life would be like without these experiences. My life would have been different.”

42 43

Business School Thank You to our Generous Donors

“Truly great business schools have been transformed by the dedication, commitment and support of their alumni and the business community within which they operate. This is certainly true of our fundraising campaign and committee. I wish to thank all of those who have contributed so generously.” Rhonda Flottmann, Business School Campaign Manager

Fundraising Committee Sir Rod Eddington Executive Circle Peter Mansell Ted Brindal Members Andrew Frazer Robyn Ahern & Family Gavin John Rezos Tanya Brown “Thank you for all you have contributed so far. You are the modern-day believers in Sir John Winthrop Hackett’s Dr Tony Howarth AO, David MacKinlay Anthony Barton Cameron Rhodes Tania Browne Vision … for, around a century ago, he not only had the vision for the establishment of this University … but the Chair James & Meredith Ian Burvill Peter Richards Sharon Bubnich passion, determination and financial commitment to see it established as the first centre for higher learning in Mark Barnaba, McClements Neil Hamilton Gordon Sklenka Cathy Buckland Deputy Chair Western Australia.” Dr Stan Perron AM & Adrian Fini James & Cate Mactier Argonaut George Burns Jean Perron Dr Michael Chaney, UWA Chancellor Chair, WA Branch Professor Larry Sjaastad Straits Resources Marc Butler Dr John Poynton AM Heather Zampatti Patrick Butterworth Dr John Poynton AM Affiliates Circle Don Voelte & Akamai Management Melissa Callanan Aaron Constantine Phillip Douglass Kevin Gammage Stephen Hinsley Anthony King Tony Adcock Dale Abbott John Atkins Nancy Keegan Group John Cameron Patrick Cork Corinne Drew Chit Yin Gan Philip Hirschberg Jeremy King AccentWest Robyn Ahern Futuris Corporation HBF Health Funds Inc Neil Cameron Timothy Cornish Robert Druitt Sathyan Ganganahalli Sue Hobson Kenneth Kirkby Mark Andrich McCusker Charitable Brett Crabb Kaye Duncan Brian Garbellini Terence Hogan OAM Andrew Knowles Rhonda Flottmann Investors Circle Paul Campbell Foundation Davina Ang Brian Hewitt Carmelo Capolingua Ian Crisp David Dundas Amanda Gell Clinton Holten Peter Kohlen Tony Adcock Linda Anstey Professor Tracey Horton Directors Circle Ralph Carbone Jane Crisp Michael Eagle Carlo Genovese Graham Home Paul Kristoff Robert & Nancy Browning Gillian Arkwright Charlie Gunningham Mark & Paige Barnaba Allan Cargill Kevin Crombie Colin Edwards Luke Gibson Aileen Hooper Melinda Kubank Warren Coli Mark Armstrong James Mactier Craig Coleman Brendan Carr Keva Crouch Bree Elliott Scott Gibson John Hopkins Rakesh Kumar Karen Field Gregory Ashe Gaye McMath Adrian & Michela Fini Geoff Carslake Michael J Cullity Cameron Elliott Jeffrey Gidman David Hough Garry Kurtz Warwick Hemsley & Family Anna Bagshaw James McClements Richard & Janine Goyder Craig Carter Bruno Da Prato David Ellison Keith Glew Michael Hwang Carlo Lacrimini Dr Patricia Kailis AM OBE Lily Bahnam Michael Minosora Raymond Dallin Michael Elphick Ross Glossop Stephen Ibbotson Rodney Lake Dr David Griffiths & Tim Lyons Timothy Casey Mark Paganin Benjamin Baker Julanne Griffiths Mark Ceglinski Desmond Dane-Stewart Brendon Entrekin Philip Goatcher (Dec) Anne Ismail Kim Le Professor Geoff Soutar Gene Tilbrook David Balfour Professor Tracey Horton & Jeanne Chan Peter Davies Tamara Erdash Grant Godfrey Julie Ismail Georgina Lee Professor Iain Watson Alan Roughead Ian Ball Jonathan Horton Paul Chau Bronwyn Davies Taylor Lauree Eterovich Steven Goh Mark Ivory Joy Lee Graeme Yukich aussiehome.com Kenneth Banks Dr Anthony Howarth AO Michael Chester Elizabeth Dawson Cosimo Faiello Vincent Graneri Peter Jackson Peter Lee Heather Zampatti BT Financial Group Jason Barnes & Sally Howarth Edwin Chong Mary Day Erik Fenna Vic Grant Giovanny B Jefferson Brian & Natasha Sir Rod Eddington GEM Consulting Cornelius Barron Mark & Carissa Paganin Garry Chong Bill De Steiger David Fitzpatrick Robert Gray Frederick Jeffreys Leedman Chair, London Branch Antony Beckmand Brad Rosser Associates Circle Beverley Deane Genevieve Fitzpatrick Claire Grayston Per Johansen David Lehane Brad Rosser, Peter Chong Gavin Argyle John Bell London Branch Clinical Professor Dominic Chow Roderic Deas Ian Flack Martin Greay Gregory Johnston Tracy Leong John & Kate Atkins Sandy Bennetts John Willinge, Fiona Wood AM Virginia Christie John Debowski Henryk Flak David Groucutt Stephen Jones Anthony Lester Nicholas Calder Kim Boekeman Chair New York Chapter John Willinge & Ian Clarke Malcolm Deeks Rhonda Flottmann Ian Gummery Andrew Joseph Alfred Leung Melina Higgins Patricia Dechow Anthony Bonavita David Clifton Pasqualino Degasperis Mark Foley Charlie Gunningham Allannah Kane James Lew Leadership Circle Victor Booth Criterion Properties & Richard Sloan Tim Delaney Benjamin Fong Martin Hadodo Dr Michael Chaney AO Sabrina Cocking Sean Kelly Adrian Lim Entrust Private Wealth Michael & Joanne Ganon Lisa Bradock Geoffrey Cole Paul Depiazzi Alexander Forcke Adrian Han Olivia Ker Hong Lim Rick Crabb Christopher Branston Management Krasnoff Family Benjamin Devenish Nicholas Forgione Graydon Hanly Denis Cullity AO CMG & Michael Coles Alan Kerr Joyce Lim Mannkal Economic Heather Merritt Sarah Brazier Ann Cullity AM Richard Colgan Brendon Dewar Simon Freitag Fiona Harris Peter Kerr Larry Lim Education Foundation Chin Haw Lim David Breeze Dr Trevor Eastwood AM & Adam Conigliaro Cheu Diong Travis French Paul Hearne Jay Son Khew Sun Wuah Lim David J Mack Gregory Brennan Judy Eastwood Philip Constable Grahaem Donovan Hadwin Fung Jennifer Hertzman Pamela-Jayne Kinder Eric Ling

44 45

Business School Thank You to our Generous Donors Contact Details

Chee Wei Loh Joel Nevin Catherine Reid Daniel D Storey Alan Ward Business School Li-Mae Loke Wendy Ng Robin Reid Andrew Strelein Neil Webber The University of Western Australia Ee Von Loo Ng Tai Hwa Genevieve Mark Rich Brian Strempel Bourby Webster M252, 35 Stirling Highway, Crawley, Matthew Lunn Jing Ngu John Rippey Nicolas Streuli Anna Whitehand Western Australia 6009 Hieu Thuan Ly Dung Nguyen Norman Roberts & Kaoru Sugihara Catherine Whitehead Michele Jurak Stephen Lynch Jeffrey Nurse Melanja Sullivan Deborah Whiting Business School General International Centre Michael Mackie Con O’Brien Bill Robertson Nika Swan Ian Wildy Tel +61 8 6488 2780 Tel +61 8 6488 8199 Eamon MacKle David O’Brien Duncan Robertson Robert Swan George S Wilkinson III Fax +61 8 6488 1086 Fax +61 8 9382 4071 Clive Macknay Peter Ochman Alan Robson AM & John Syme Andrew Williams Email [email protected] Email [email protected] Ian Macpherson Brian O’Donnell Gwenda Robson Anna Tan James Williams Web www.business.uwa.edu.au Web www.international.uwa.edu.au Jim Malone Gavin Offer Paul Rokich Boon Tan Chris Winter Edward Manasseh Gordon Oma Andrew Rose Geraldine Tan Zhi-Ying Wong Student Centres – Undergraduate Business School Development Team Daniel Manning Frederic Ong Yvonne Rosten Lee Tan Ma Lei Yeung Moshe Maor Kerry Osling Donald Rudderham Song-Boo Tan Song-Boo Soon Min Yong Tel +61 8 6488 4737/2803 Tel +61 8 6488 5834 Olivier Marion Lloyd Owens Philip Rule Xufang Tang Michael Young Fax +61 8 6488 1086 Fax +61 8 6488 1068 Roeland Marissen Ronald Packer Paul Rumenos Joseph Tassone Kevin Zani Email [email protected] Email [email protected] Bill Marmion Willy & Mimi Packer Graeme Rundle Christopher Taylor AccentWest Michael Marsh Peter Parolo Bradley Ryan Gail Taylor Advantage People Student Centres – Postgraduate Business School Marketing Team David P Ryan Ian Marshall Glenn Paterson Larissa Taylor & Mark Management Tel +61 8 6488 3980 Tel +61 8 6488 8171 Stephen Ryan Robert Martin Cameron Paul Vaillancourt Art Gallery Australia Fax +61 8 6488 1072 Fax +61 8 6488 1068 Graeme Matcham Russell Perring Andrew J Saker Eamonn Thackaberry Australasian Management Email [email protected] Email [email protected] Mary McCarter Joel Perrozzi Luigi Salleo Graeme Thomas Consulting Caroline McCleery Graeme Perryman Michelle Saunders Karl Thompson Australian Venture Michael McLean Fran Pesich Susan Saunders Peter Thompson AM Consultants Gaye & John McMath Denise Piggott Michael Schrick Murray Thornton Chrystal & Co Andrew McPhail David & Catherine Pamela Scott Teng Thum Coogee Chemicals John Metaxas Plowman Mark Sewell Clinton Tilley Dyna Engineering Gavin Miles Diane Porter Carol Shannon Joe Tohotoa European Foods Gavin Miller Lesley Power Robert Sharpless Joseph Totaro Wholesalers Greg Milne Richard Power Matthew Sheldrick Jason Townes Jackson Paving Graeme Missen Blair Poynton Ian Silver Daniel Tripolitano Jed Wines John Mitchell John Price Bruce R Sivalingam Stuart Tuckey Learning Expertise and International Investment and Trading Bree Mitchelson LB Price Jennifer Smith Peter Unsworth Resources Network Principal Partners Major Partners Supporting Partners Principal Partners Major Partners Supporting Partners Tim & Rose Moore Michael Price Paul Smith Morly Uttam Lenzo Bros Nigel Moss Carmen Price-Tutor Warwick Smith Fabienne Vonarburg Limnios Property Group Paul Mullins Graeme Prior Warren Snell Alexis Wadsley Ray Bennett Consulting Lanny Mulyani Susan Prior Charles Soh Frederick Wallis Simply Stainless Peter Murphy Maysie Procianos Paul-John Stanner Daniel Wallwork Supacoat Powder Coaters Thomas Murrell Trevor Pyman Kevin Starcevich Barry Walsh WA Community Foundation Michael Murrey Steven Pynt Norman Steketee Brian Wan Home Community Fund Gold Corporate Circle Member Silver Corporate Circle Members Balakrishnan Nadarajah Ian Rakich Sandra Stephens Philip Wan Rohan Nagappa Warren Read Glenys Stevenson Dai Wang Bruce Naysmith Janina Rebeiro David Stewart Hon Sen Wang

46 47

Business School Cover Image: Courtesy of Ernst & Young. Photography by Frances Andrijich. UWA Business School Alumni and Ernst & Young professionals visit the new world-class Business School facilities.