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| MONTHLY NEWS AND HIGHLIGHTS |
May 2009 |
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As another academic year draws to a close, we have an opportunity to reflect on lessons learned and celebrate our successes, even as we look ahead to future responsibilities and challenges. I particularly want to thank the student leaders on our many advisory boards, councils, and conference planning committees for your dedication to enhancing the intellectual and extracurricular life of the Wharton School. Your energies this year have advanced our mission of social impact and strengthened the rigor and relevance of our academic programs. To our 2009 graduates: congratulations, and best of luck in the new jobs and experiences that await you. I look forward to seeing the rest of you on campus again next fall.
Dean Thomas S. Robertson
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NIR Diagnostics Takes Top Spot at 2009 Wharton Business Plan Competition
NIR Diagnostics — a cross-school collaboration of Wharton MBA students Pitamber Devgon, WG'10, Xiaoming Fang, WG'09, and Bosun Hau, GEN'09 WG'09, and School of Medicine Ph.D. student Armen Karamanian — won this year's business plan competition, as well as the People's Choice Award, for their wound assessment monitor, InfraVue. Photo credit: Lionel Nicolau, W'10. Visit WBPC website. |
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Wharton Alumnus Leonard Abess Talks to Students and K@W about 'Sharing the Wealth'Leonard Abess, W'70, talked about why he shared $60 million in profit from the sale of his majority stake in City National Bank with current and former employees. Read K@W article. |
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Custom Loan Program Assists International MBA Students
The new program with Digital Federal Credit Union (DCU), a not-for-profit financial institution, is available to all first-year international students for their second year of study. Read news release. |
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Philadelphia-Area Nonprofit Leaders Strengthen Ties at WhartonApproximately 45 local non-profit leaders attended the invitation-only Executive Education program, "Creating and Maintaining Impact in Turbulent Times." The program's goals included building community, strengthening and creating relationships within Penn, and offering unique and innovative content focused on leading in turbulent times. Many of the participating organizations host Wharton MBA students on their boards as part of the Wharton Nonprofit Board Leadership Program. Visit Program website. |
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Omnicom Partners with Wharton Interactive Media Initiative (WIMI)
Omnicom Group Inc. is supporting WIMI's efforts to derive value from the data sources arising from new media marketing. Read news release. |
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Two Wharton Alumni Named Business Week's "Most Promising Social Entrepreneurs" Alex Mittal, ENG'07 W'07, founder of Innova Materials, a company that makes antimicrobial products for private industry and uses those revenues to fund water purification systems for developing countries, and Felipe Vergara, WG'99, co-founder of Lumni, a new investment system that uses private capital to fund higher education, were named among 25 of America's Most Promising Social Entrepreneurs by BusinessWeek. Read article. |
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FastCompany.com Highlights Wharton's 'Green MBA'
Citing the increasing availability of "green" jobs, the online magazine featured Wharton's dual MBA/MES, as well as the MBA concentration in Environmental and Risk Management, among six environmental programs nationally. Read article. |
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Wharton VIP Company StealthRowing Wins PennVention First Prize
Former Wharton Venture Initiation Program member StealthRowing took top prize at PennVention, Weiss Tech House's annual inventors' competition. Founded by Daniel Harbuck, W'09, the company develops equipment allowing rowers to train indoors year-round. Visit PennVention website. |
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Undergrad Places Second in Paris Case Competition
Elizabeth Lawrence, W'10, along with teammates from Madrid and Singapore, placed second in Ace Manager, BNP Paribas' first professional adventure game competition. Visit website. |
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Wharton Undergraduate Division Announces 2009 Dean's Award Recipients
The winners include: Madeleine Evans, C'09 W'09, Dean's Award for Excellence; Vas Natarajan, W'09, Dean's Award for Service to Wharton; and Trang To, W'09, Dean's Award for Service to Penn. |
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The 100-day Dash: An Ambitious but Worrisome Start for the Obama Administration |
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President Barack Obama has reached the closely followed milestone -- his first 100 days in the office -- in the middle of the worst economic crisis since 1933. Several Wharton and other University of Pennsylvania faculty say that -- for the most part -- they have been impressed by the new leader's calm and reassuring style, his success in winning passage of a large-scale financial stimulus plan, his formation of a savvy and centrist economic team, and his adherence -- so far -- to a campaign promise to cut taxes for most citizens. Read more.
For more, visit Knowledge@Wharton, Wharton's online source for business news and analysis. |
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WHARTON SCHOOL PUBLISHING |
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RECENT RELEASE |
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From Lemons to Lemonade: Squeeze Every Last Drop of Success Out of Your Mistakes
By Dean A. Shepherd
Drawing on leading-edge research with hundreds of failing and successful entrepreneurs, Dean Shepherd offers powerful strategies for managing the emotions generated by failure-so failure becomes less devastating, learning happens faster, and you grow as much as possible from the experience. Shepherd shows how to clarify why you failed, so you can walk away with insights you can actually use.
For more recent releases, visit Wharton School Publishing. |
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The Wall Street Journal (Apr 23, 2009) Prof. Peter Cappelli suggests less costly alternatives to salary cuts, such as "shorter work weeks and mandatory furloughs."
Read story.
Forbes (Apr 21, 2009) Wharton CIO and Associate Dean for Computing Deirdre Woods discusses IT return on investment, noting that a small IT project evolved into the Wharton Research Data Services, now garnering more than $9 million in revenue with scores of academic licensees. Read story.
WBUR "Here and Now" (Apr 10, 2009) Prof. Olivia Mitchell discusses whether pension plans are next in line for a government bailout. Read
story.
See
all news items.
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CNBC analyst and Wharton alumnus Donnie Deutsch, W'79, interviews Prof. Jeremy Siegel who predicts "sharp improvement" in the markets by third quarter 2009. (Apr 16, 2009) Read story.
Business Daily (Kenya) features Pertuity Direct, founded by Kim Muhota, WG'03, which provides a banking "social network model" for individuals and small businesses. (Apr 10, 2009) Read story.
See all alumni news and events. |
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| IN THIS ISSUE |
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| EVENT HIGHLIGHTS
Wharton | San Francisco Commencement
Keynote Speaker: Former Chevron Vice Chair Peter J. Robertson
10 a.m.; Herbst Theatre of the San Francisco War Memorial & Performing Arts Center
May 9, 2009
2009 Evolution of Learning Symposium
May 13, 2009
Wharton Reunion Weekend
May 15-17, 2009
Wharton Undergraduate Division Commencement
9:00-11:00 a.m.; Franklin Field
May 17, 2009
Wharton Graduate Divison Commencement
Featured Speaker: Muhammad Yunus, founder and managing director of Grameen Bank and Nobel Peace Prize laureate
1:00-3:30 p.m.; Franklin Field
May 17, 2009
Wharton Doctoral Division Commencement
5:00-7:00 p.m.; Jon M. Huntsman Hall, 8th Floor, Colloquium Hall
May 17, 2009
An Evening at Wharton | San Francisco with Neel Kashkari (invitation only)
May 18, 2009
Global Alumni Forum:
Bogotá
May 21-22, 2009
Global Alumni Forum:
Beijing
June 12-13, 2009
13th Annual Wharton Leadership Conference:
Leading in a Dynamic and Unpredictable World
June 16, 2009
View All Event Calendars
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You are receiving this newsletter because you are a member of the Wharton community. If you have news or events you'd like considered for inclusion in the e-newsletter, please e-mail editor@wharton.upenn.edu.
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About the Wharton School
The Wharton School of the University of Pennsylvania -- founded in 1881 as the first collegiate business school -- is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The School has more than 4,700 undergraduate, MBA, executive MBA, and doctoral students; more than 12,000 annual participants in executive education programs; and an alumni network of more than 84,000 graduates.
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