1510 Assets Cover spring CN 5/3/07 6:51 AM Page 1 A Periodicals Postage S S PAID E T Los Angeles, CA S UCLA Anderson School of Management Mullin Management Commons, F301 110 Westwood Plaza, Box 951481 Los Angeles, CA 90095-1481 www.alumni.anderson.ucla.edu ANDERSON ALUMNI . Keeping You Connected SSETS Spring 2007 A Save The Date www.alumni.anderson.ucla.edu S P Opportunity Knocks: R Friday-Saturday I N G Behind the Boardroom Door October 12-13, 2007 2 0 0 7 1957 1967 1977 1982 1987 1992 1997 2002 1510 Assets Cover spring CN 5/3/07 6:51 AM Page 2 “ CALENDAR Prospective directors need confidence... Spring May August in the integrity of management and its commit- 2007 Entrepreneurs Conference Lesbian, Gay, Bisexual and UCLA-NUS Executive MBA ment to a trusting, respectful relationship; a toler- Date: May 18, 2007, 8 a.m.– 4:30 p.m. Transgender Leadership Institute Residential Session Location: UCLA Anderson School of Date: June 11-15, 2007 Date: Aug. 12 - Aug. 26, 2007 ance for asking and answering tough questions; Management Location: UCLA Anderson School of Location: UCLA Anderson, Collins Executive and an openness in the shared obligation to pro- Cost: See web site for details Management Education Center “ Contact: Stanley Stuka Cost: $5,250 Contact: Dina Lee duce longterm value for stakeholders. UCLA E-Mail: [email protected] Contact: Office of Executive Education Programs E-mail: [email protected] Web site: www.anderson.ucla.edu/eac E-mail: [email protected] Phone: (310) 206-0399 Anderson’s Director Training & Certification Phone: (310) 825-2001 Program (DTP) advances the field of corporate Getting to the Top in Business Web site: www.execed.anderson.ucla.edu UCLA-NUS Executive MBA Development and Sales Graduation governance and provides perspective on a direc- Date: May 22, 2007, 6 p.m.–9 p.m. Global Entertainment Executive Date: Aug. 25, 2007, 6 p.m. Location: Stanford University Graduate School Program Location: UCLA Anderson School tor’s strategic role in the oversight of management. of Business, Bishop Auditorium Date: June 18-22, 2007 of Management Cost: $25 in advance; $35 at the door Location: UCLA Anderson School of Contact: Dina Lee — Professor Al Osborne Contact: Kathryn Ullrich (’92) Management E-mail: [email protected] Senior Associate Dean and Faculty Director, E-mail: [email protected] Cost: $6,250 Phone: (310) 206-0399 Director Training & Certification Program Phone: (650) 458-8775 Contact: Office of Executive Education Programs Knapp Venture Competition E-mail: [email protected] Date: May 24, 2007, 5 p.m.–10 p.m. Phone: (310) 825-2001 September Location: UCLA Anderson, Korn Convocation Hall Web site: www.execed.anderson.ucla.edu Executive Program Cost: Free to the public, parking in Lot 4 for $8 Date: Sept. 16, 2007 - April 8, 2008 Contact: Angela Klein June 2007 Economic Forecast Location: UCLA Anderson School E-mail: [email protected] Date: June 19, 2007, 7 a.m.–Noon of Management Phone: (310) 825-5662 Location: UCLA, Ackerman Grand Ballroom Cost: $15,595 Web site: www.uclamba.com/knapp Cost: $350 ($250 with code andalum0607) Contact: Office of Executive Education Contact: Lori-Ann Harper Programs Getting to the Top in Business E-mail: [email protected] E-mail: [email protected] Development and Sales Phone: (310) 206-8642 Phone: (310) 825-2001 Date: May 31, 2007, 6 p.m.–9 p.m. Web site: www.uclaforecast.com Web site: www.execed.anderson.ucla.edu Location: UCLA Anderson, Korn Convocation Hall Cost: $25 in advance; $35 at the door Medical Marketing Program Contact: Kathryn Ullrich (’92) Date: Sept. 17-21, 2007 E-mail: [email protected] July Location: UCLA Anderson School Phone: (650) 458-8775 Alumni Dinner at Panda of Management Restaurant Group: Come Meet Cost: $5,650 Co-Chair Peggy Cherng, Panda Contact: Office of Executive Education Restaurant Group Programs June Date: July 11, 2007 E-mail: [email protected] 2005 and 2006 Alumni Location: Panda Corporate Headquarters, 1683 Phone: (310) 825-2001 Gathering: Meet Dean Judy Olian Walnut Grove Avenue, Rosemead 91770 Web site: www.execed.anderson.ucla.edu Date: June 1, 2007, 6 p.m.–9 p.m. Cost: No charge for alumni and guests Location: Barney’s Beanery, 8447 Santa Contact: Jill Hisey Mergers and Acquisitions Monica Blvd, West Hollywood Phone: (310) 206-3646 Program Cost: $10 per person (includes two drink RSVP: www.alumni.anderson.ucla.edu Date: Sept. 24-28, 2007 tickets and food). Significant others welcome. Location: UCLA Anderson School Contact: Jill Hisey of Management Phone: (310) 206-3646 Cost: $6,250 20 RSVP: www.alumni.anderson.ucla.edu/barneys2 Contact: Office of Executive Education Programs E-mail: [email protected] Phone: (310) 825-2001 07 Web site: www.execed.anderson.ucla.edu 1510 assets spring CN 5/3/07 3:22 PM Page 1 Assets Spring 2007 Inside 2 Perspectives 4 News Briefs International Exchange 6 Greater China Business Conference Career Management 8 Ask the Alumni Career Strategist 10 The First 90 Days Features 12 Q&Anderson: Caroline Nahas, Korn/Ferry 16 Opportunity Knocks: Behind the Boardroom Door Faculty 24 Nine Scholars Join UCLA Anderson 28 Faculty Research & Development Giving Back 30 Ensuring Academic Excellence – Prof. J. Fred Weston 32 KPMG Establishes New Position 33 Remembering Friends Anderson Assets (ISSN 1535-2870) is published quarterly by UCLA Anderson School of Management, 110 Westwood Plaza, Mullin Management Commons, Suite F301, Box 951481, Alumni Connections Los Angeles, CA 90095-1481. Periodicals postage paid at Los Angeles, California. 34 Getting to the Top: Consulting 38 A Passage to India Anderson Assets welcomes input from all alumni 42 Anderson Student Guides Freedom Writers and the UCLA Anderson community for letters to the editor, articles or ideas on themes. 46 Class Notes Please e-mail contributions to: [email protected]. Postmaster: Send address changes to Perspectives II Anderson Assets, UCLA Anderson School of Management, 72 110 Westwood Plaza, Mullin Management Commons, Suite F301, Box 951481, Los Angeles, CA 90095-1481. 73 Calendar 1510 assets spring CN 5/3/07 3:22 PM Page 2 Managing Editor Deborah Holdship FROM THE DESK OF THE EXECUTIVE Assistant Editor Paul Feinberg Director Contributing Editor Mary Ann Lowe Senior Writers The Key to Personal Excellence Paul Feinberg, Mary Ann Lowe Contributing Writers Dear Fellow Alumni, Tracy Mlakar, Kathryn Ullrich (’92) Editorial Assistants "The will to win, the desire to succeed, the urge to reach your full potential...these are Abigail Faelnar, Rahul Nihalani, Allison Shoemaker Editorial Board the keys that will unlock the door to personal excellence." These words from Confucius, Professor Don Morrison; Susan Corley, expressed nearly 2,500 years ago, still inspire greatness today. In Academic Planning Design this spirit, UCLA Anderson plays a vital role in leading manage- Smart Art and Design, Inc. ment thinking and preparing global leaders. As UCLA Anderson alumni, we share an ethos to improve not DEAN Judy D. Olian only ourselves, but also the organizations in which we work and Chairman and Senior Associate Dean the societies in which we live. This edition of Assets highlights Antonio Bernardo ways to achieve personal, corporate and social excellence. Senior Associate Deans External Affairs “The First 90 Days on the Job” (page 10) provides strategies Al Osborne for success in any new job or position. This piece chronicles the MBA Program David Lewin new employee’s perspective; our next issue will present the employer’s point of view. “Getting to the Top” (page 34) offers insights into the ASSOCIATE DEANS consulting industry. The article covers one in a series of “Getting to the Top” events Doctoral Program Burt Swanson presented by Anderson alumna and executive recruiter Kathy Ullrich (’92). Topics Finance & Operations have covered marketing, business development and CEO positions. Check the Anderson Hilu Bloch (’84) web site for details. Career Initiatives Eric Mokover (’80) “Opportunity Knocks” (page 16) describes trends in corporate governance and ways MBA Program in which alumni can expand their contributions at the highest levels of an organization. Charles Corbett It also reveals some of the challenges directors have faced in recent years and how the Executive MBA Program & Fully Employed MBA Program school is uniquely poised to help board members navigate those challenges. Victor Tabbush Finally, “A Passage to India” (page 38) spotlights a group of female classmates who Marketing and Communications Richard Rodner reunited 10 years after graduation to address poverty through microfinance. These indi- viduals demonstrate that the knowledge and the network gained through UCLA ASSISTANT DEANS Anderson have far-reaching potential for the greater good. Development Marcia Shackelford I hope that each of us will make the most of our connections to the school – and to each other – to take another step on the journey to personal excellence. OFFICE OF ALUMNI RELATIONS Executive Director Bob Pettit (’89) Best regards, Special Projects Jill Hisey (’95) Phone: 310-825-9448, 800-333-ALUM Fax: 310-206-9830 Bob Pettit (’89) E-mail: [email protected] Executive Director, Office of Alumni Relations Web page: [email protected] www.alumni.anderson.ucla.edu 2 Spring 2007 1510 assets spring CN 5/4/07 11:24 AM Page 3 A MESSAGE FROM THEDean A Look at Corporate Governance Dear Friends, In this issue we explore corporate governance. Boards today are exercising their duties with renewed vigor, knowledge, heightened awareness of regulatory obligations, and greater attention to shareholder accountability. Whether attributable to Sarbanes-Oxley, NYSE or NASDAQ requirements, a recent McKinsey Quarterly survey reveals that a significant majority of board members report more active engagement in core areas of company performance.