Spring/Summer 2010 Prof
Total Page:16
File Type:pdf, Size:1020Kb
Spring/Summer 2010 Prof. Nicole Johnson: Do Stock Options Improve Performance? Nonprofit Organization CalBusiness US Postage Haas School of Business PAID University of California, Berkeley Admail West 545 Student Services #1900 Berkeley, CA 94720–1900 CalBusinessThe Magazine of the Haas School of Business at the University of California, Berkeley Haas@ Cal Participate in industry discussions on LinkedIn Connect with all Haas Join the main Haas/Berkeley alumni through Haas@Cal Alumni Group and subgroups Update your directory profile Expand Your Universe… Breaking Follow Haas events and news Through on Facebook How Three Alumnae Blazed Become a fan of Haas group pages Their Own Ways to Success Gigi Wang, MBA 92, venture partner, iGlobe Katie Coughlin, MBA 89, founder, Oslo Children’s Museum haas.berkeley.edu/alumni Linda Lang, BS 80, CEO, Jack in the Box Build on your success. The Magazine of Spring/Summer 2010 CalBusiness the Haas School of Business at Become a better leader. the University of Come back to Haas. California, Berkeley Senior Editor Features Richard Kurovsky On the Cover: Contents Editor 10 Breaking Through Ute S. Frey How Three Alumnae Blazed Managing Editor Their Own Ways to Success Ronna Kelly, BS 92 Gigi Wang, MBA 92, Venture Partner, Staff Writers The UC Berkeley Center for Executive Education iGlobe Partners Valerie Gilbert delivers open executive education programs and Katie Coughlin, MBA 97, Pamela Tom Founder, Children’s Museum custom solutions to businesses around the globe Contributing Writers Linda Lang, BS 80, CEO, Jack in the Box Victoria Averill, Helena Bachmann, through the Haas School of Business. We draw on Laura Counts, Christine Fundak The New Path to Innovative Rohan, Judy Jacobs, Bill Snyder, the resources, talent, and perspectives of faculty 6 Leadership at Berkeley-Haas Adam Starr from across UC Berkeley. We collaborate with Design Your Haas Network in London Cuttriss & Hambleton, Berkeley executives to achieve strategic objectives and Profiles of Three PhD Graduates at Printer 16 London Business Schools Graphic Arts Center build organizational strengths. Connson Chou Locke, PhD 08 Caneel Joyce, PhD 09 Photography John Angerson, Jim Block, Margaret Ormiston, PhD 07 Toni Gauthier, Jens Haugen, Product Management Aug. 2-6 Khamis Ramadhan, David Schmitz, Your Haas Network Gregory Urquiaga Interactive Strategy Sep. 9-10 Profiles of Three Haas School Alumni 18 CalBusiness is published by Cleantech Institute Sep. 12-13 Joe Jimenez, MBA 84, Novartis the Haas School of Business, Julie Earne, MBA/MPH 04, University of California, Berkeley Executive Leadership Program Sep. 13-18 World Bank Group Berkeley. For further William Lindsay, MBA 80, Richmond, CA information, contact: Financial Analysis for Non-Financial Executives Nov. 1-5 CalBusiness Editor Bio-Exec Institute Nov. 4-5 Haas School of Business University of California Berkeley, CA 94720-1900 10 510-643-0259 [email protected] CalBusiness Spring/Summer 2010, Departments Number 73 POSTMASTER: Send address changes to CalBusiness, Haas 2 In Brief 8 Power of Ideas School of Business, University of Prof. Teck Ho Receives Do Stock Options California, 545 Student Services Top Teaching Award Improve Performance? #1900, Berkeley, CA 94720-1900. Haas@Work Students 20 The Campaign Printed on FSC-certified recycled Take Off with New for Haas paper using soy-based inks. Corporate Clients Q&A with Roslyn and 5 Innovation Wizards Lisle Payne, MBA 67, Chairman, Jackson Street Mat Fogarty, MBA 01, Partners Crowdcast Kevin Casey, MBA 09, 22 Haas Worldwide New Avenue Events and Contacts Elad Ganot, MBA 10, Alumni enjoy a 25% discount Puzux 24 Alumni Notes Sarah Milstein, MBA 10, Call and reference CBIZ10 36 In Memoriam The Twitter Book 8 Phone: +1.877.UCB.EXEC (822.3932) http://executive.berkeley.edu/cbz Prof. Nicole Johnson: Do stock Email: [email protected] options improve performance? “My vision is to have students rival received a surprise offer Dechow, Sloan, and co-author leave the class with the ability to from a Chinese oil company. Amy Hutton of Boston College Home Run! think strategically about pricing Crowe is the fourth business demonstrated that firms most Haas Students Score with Sports Courses and with the practical tools they leader to take an executive frequently manipulate earnings need for their future careers,” Ho fellow or executive-in-residence to lower the short-run cost of Haas is stepping up to the plate for students interested in wrote in a teaching statement role at Haas. The others include raising new financing and that careers in the $213 billion sports business industry with new submitted during the award IDEO General Manager Tom weak governance structures courses taught by two respected industry leaders. selection process. “I also want Kelley, MBA 83; John Hanke, facilitate such behavior. Their Sandy Alderson, former to make learning fun so that MBA 96, VP, product develop- paper has received more than CEO of the San Diego Padres News from the Haas School students love the subject and ment for Google Maps, Local, 1,000 Google Scholar citations. and general manager of the see its relevance in practice.” and Earth; and former Yahoo! “Although their paper was Oakland A’s, flew to the Bay InBrief “I learn a lot, too, from my marketing VP David Riemer. CB initially controversial because it Area once a week this past students. I find that what I challenged existing thinking, spring to teach MBA stu- put in (my time in and out of Professors Dechow and Sloan dents The Business of Sports. class, energy, enthusiasm, and Professors Honored paved the way for a new Meanwhile, Mike Rielly, who research) is what I get out of for Accounting Work emphasis in the accounting represents professional golfers these students,” Ho wrote. “I Professors Patricia Dechow and literature,” Dean Rich Lyons says. and organizes golf events for enjoy making a difference in Richard Sloan have been hon- “They are a great example of CAA (a sports and entertain- their lives.” ored with a new national account- why questioning the status quo— ment talent agency) in Los Ho’s students are equally ing award for a research article one of the school’s defining Angeles, began teaching positive about his teachings. that helped fuel an explosion of principles—is so important to Mike Rielly, Agent, CAA Sports Sports Marketing to under- “What sets Teck Ho apart is governance-accounting studies. innovative research.” grads in spring 2009 and that he wants to get to know For more on Dechow, see returned this year. Both classes have had long waiting lists of the students on a personal level page 21. CB students hoping to enroll. and tries to find out what the “We try to take students’ interest in sports and combine it in students want so he can adjust a unique, interesting way with the general business concepts his teaching material based Haas Rejoins they’ve already learned at Haas,” says Alderson, whose course on their needs,” says evening Diversity Group includes case studies and guest speakers. and weekend student Vijay The Haas School has rejoined Rielly also brings in guest speakers to judge class projects Bhaskaran, MBA 10. “At Haas The Consortium for Graduate in his course. Two Oakland A’s executives, for instance, judged he’s the best I’ve ever had.” CB Study in Management, an alli- student presentations on ance of U.S. business schools whether the San Francisco and firms aimed at fostering 49ers should move to Santa Retired CFO Named diversity among students and Clara County. Executive Fellow Profs. Patricia Dechow and Richard Sloan corporate leaders. Alderson and Rielly bring Retired Chevron CFO Steve The move came as The an insider’s view to the class- Crowe, BS 69, MBA 70, The pair was recognized for Consortium made changes to room. In one class discussing will share his knowledge and their 1996 paper “Causes and its mission that allowed Haas to a Fox Sports case study, expertise in both the energy and Consequences of Earnings rejoin after a seven-year hiatus. Alderson recalled hearing finance fields with students and Manipulation,” in Contemporary “Being part of The Consortium media mogul and Atlanta faculty as the school’s third Haas Accounting Research. is another way to show that Braves owner Ted Turner’s executive fellow. The award from the American Haas is welcoming of all forms of impassioned speech against Professor Teck-Hua Ho, As an executive fellow, Accounting Association recog- diversity,” says Dean Rich Lyons. Fox buying the Dodgers in winner of the UC Berkeley 1998 at the Major League Marketing Professor Teck-Hua Ho Crowe will advise faculty and nizes unique research from the Haas will work with The Former Padres CEO Sandy Alderson Distinguished Teacher Earns Top Campus Teaching Award the dean while also partici- past 5 to 15 years that has made Consortium to recruit full-time Baseball owners meeting. Award, says what he puts pating in various events a significant contribution to the MBA students for the class “What he didn’t count on into his teaching—time, Haas Marketing Professor appropriate person to receive and programs for students accounting field. starting in fall 2011. CB was Fox’s total ineptitude in managing a team,” energy, enthusiasm, and Teck-Hua Ho received the this award than Teck Ho,” says throughout the Alderson quipped. research—is returned to highest teaching honor the UC Dean Rich Lyons, a 1998 Students who shine in the sports classes also have scored him from his students. school year. Berkeley campus bestows—the Berkeley Distinguished Teaching Crowe retired internships and jobs. Even before graduating, Chris Giles, Berkeley Distinguished Teaching Award winner. “He has proven from Chevron High Marks for Teaching MBA 10, began working as director of business development Award—at a ceremony April 22.