Wharton 125 Events

125th Anniversary of First Day of Wharton Classes Marked with Leadership Roundtable
Wharton's first day of classes 125 years ago will be commemorated on Sept. 15 with a Business Roundtable on Leadership. The theme will be leadership through innovation, featuring leaders such as Connie Duckworth, WG'79, president and chairman of the board of Azru, Inc.; Alex Gorsky, WG'96, head of Pharma North America and CEO of Novartis Pharmaceuticals Corp.; C. Robert Henrikson, C'69, WAM'90, chairman, president and CEO of MetLife, Inc.; Jeffrey Katz, WG'71, CEO of Sherwood Equities; and Seth Waugh, chairman and CEO, Deutsche Bank North America. The Wharton community is invited to attend the event, which will be moderated by Professor Michael Useem and will also feature Professors Patricia Danzon and Peter Linneman. It will begin in the Zellerbach Theater at 11:00 a.m. with Dean Harker's address, "The Leadership Mandate: Business Schools in Global Society." The panel discussion will run from 12:00-1:30 p.m., followed by a reception in Jon M. Huntsman Hall. read more about the Leadership Roundtable

Alumni Gather in Rio de Janeiro
Wharton hosted a Global Alumni Forum in Rio de Janeiro last month as part of the School's celebration of its 125th anniversary. Each year, the School holds forums in centers of economic importance and business growth around the world, giving alumni the chance to learn about business opportunities and meet regional business and government leaders. Speakers at the Rio event included: Henrique Meirelles, governor of the Central Bank of Brazil; Alain Belda, chairman and CEO of Alcoa; Roberto Civita, W'57, chairman and CEO of Abril Editora; Pedro Moreira Salles, vice chairman and CEO of Unibanco; and Ernesto Silva, COO of Coca-Cola FEMSA. Wharton alumnus Robert Mangels WG'75, chairman and CEO of Mangels Industrial, served as chairman of the Organizing Committee. visit website

For more 125th events and information, visit the Wharton 125 website.

School News

Michelle Antonio Named Director of MBA Career Management
Following an extensive search, Michelle Antonio, W'91, was appointed director of Wharton's MBA Career Management Office, effective Aug. 30. Antonio, who has been senior associate director of MBA Career Management at Wharton since May 2003, has over 12 years of industry and recruiting experience. read news release

MBA for Executives Students to Travel to Shanghai and Bangkok
More than 70 second-year MBA for Executives students from Wharton West in San Francisco will travel to Shanghai on September 11-15 to meet with key business leaders to learn more about China’s growing influence in the international marketplace. The international trip, part of the Wharton curriculum, provides both students and international industry and government leaders the opportunity to learn from one another about forward-looking business trends in China. The international trip for East Coast MBA for Executives students will be to Bangkok, Thailand. read news release

First Global Immersion Program in Africa a Success
Last spring, the GIP organized its first-ever trip to Africa, taking 28 MBA students on a three-week tour of South Africa, Ghana, and Senegal to learn about, and make contacts in, this developing region of the global economy. The Africa trip was conceived and organized almost entirely by Wharton MBA students, led by Robert Befidi, Jr., WG'06. read feature

Wharton Business Plan Competition Winners Rang NASDAQ Closing Bell
Wharton Business Plan Competition grand prize-winning team SmartMotion Technologies (MuscleMorph) rang the closing bell at the NASDAQ Stock Market last month. Since winning the competition, the team has filed two provisional patents for its technology, which provides a novel, cost-effective solution for building artificial muscles. read news release

New Program for Organizational Learning Leaders Offered by Wharton and Graduate School of Education
The first class of the Executive Program in Work-Based Learning Leadership will begin in January 2007. The program, offered through a partnership between Wharton and the Graduate School of Education, is the first top-tier university program of its kind, providing a formalized education in business, leadership, technology, and strategy in the context of work-related learning. read news release

Alumni Chat Features AND1 Founder Seth Berger on Sept 29
Wharton Entrepreneurial Programs will present an online alumni chat on Sept. 29 at 11:30 a.m., featuring Seth Berger, W'89, WG'93, co-founder and former CEO of basketball apparel and footwear company AND 1. Hundreds of students and alumni registered for WEP's previous chats with Shopzilla co-founder Farhad Mohit,WG'96, and JibJab co-founder Gregg Spiridellis, WG'99. Transcripts of prior chats and registration for the Sept. 29 session are available on the WEP Website. Alumni Chat registration

Entrepreneur in Residence Program Announces New Slate of Company Founders
The Wharton Entrepreneur in Residence program has started its fifth year, offering all Penn students a rare chance to meet one-on-one with the founders of highly successful businesses. This year, the program will bring to campus entrepreneurs such as Vernon Hill, W'67, founder of Commerce Bank; David Marshall, W'61, founder of Amerimar Realty; and Jay Snider, W'79, founder of SpectaGuard. Entrepreneurs in residence meet with students in 30-minute sessions, at which a student can discuss ideas, opinions, and strategies for potential or actual business ventures. visit Entrepreneur in Residence website

Recognition

Entrepreneurial Intern Fellowship Makes Inaugural Selections
Wharton Entrepreneurial Programs (WEP) selected the inaugural group of Wharton Entrepreneurial Intern Fellows. The Wharton Entrepreneurial Intern Fellowship is designed to provide encouragement and $1500 cash awards to select students committed to entrepreneurship who plan to spend the summer in an entrepreneurial setting. The Intern Fellows for the summer of 2006 were: Gregory Friedman, WG'07, who interned at Zillow.com; Ashish Chordia, WG'07, who interned at Kalinex; and Nathaniel Turner, W'08, who interned at VideoEgg. visit the Entreprenurial Program website

Undergraduate Ashley Gunn Wins Do Something BRICK Award
Undergraduate Ashley Gunn, W'10, was named a winner of the 2006 Do Something BRICK Awards, a national youth leadership organization with a mission to inspire young people to improve their communities. She was recognized for starting a group -- which now has over 200 student volunteers -- that buys foreclosed houses, repairs and remodels them, and works with urban families to purchase the homes below market value. read more

Knowledge@Wharton

Podcast: Jeremy Siegel's on the Fed's Decision to Pause Interest Rate Hikes
After 17 consecutive interest rate hikes during the past two years, the Federal Reserve's open market committee decided on August 8 to leave the federal funds rate unchanged at 5.25%. read more

The Lowdown on Customer Loyalty Programs: Which Are the Most Effective and Why
When making a purchase, a consumer has a choice between using frequent-flier miles, cash, or some combination thereof. Which will he or she choose? read more

The Move to Vertical Product Integration: Can Microsoft Succeed Here, Too?
Consider the latest news from Microsoft: The company is busy creating a music player and service, dubbed "Zune," to compete with Apple Computer's iPod, and on August 17 signed up EMI Group as a music video partner. read more

Wharton School Publishing

Two New Titles from Wharton School Publishing
Idealized Design: How to Dissolve Tomorrow's Crisis Today. What's the best way to drive fundamental, transformative change within your organization? Envision your ideal solution and then work backwards to where you are. It's called idealized design, and it's one of the most powerful techniques you'll ever use. Authored by its creator, Wharton Professor Emeritus Russell Ackoff, and leading practitioner Jason Magidson, Idealized Design covers every facet of this breakthrough methodology.

Success Built to Last: Creating a Life that Matters by Stewart Emery, Jerry Porras, and Mark Thompson discovers what successful people have in common, distills it into a set of simple practices, and uses it to transform your life and work. Authored by three legends in leadership and self-help, it challenges conventional wisdom at every step. Success Built to Last draws on conversations with hundreds of remarkable people from around the world, including billionaires, CEOs, presidents of nations, Nobel laureates, and celebrities. read more at Wharton School Publishing

The Wharton community is offered a special coupon good for 35% off the list price of Success Built to Last: Creating a Life that Matters on the Wharton School Publishing site. To redeem the coupon, please register to become a new member. At checkout, enter the coupon code SBTL35, which will automatically process the discount. The coupon is good through Dec. 31, 2006.

Wharton faculty and staff can take advantage of expanded benefits, including discounts and free domestic shipping. Those who register to become a member can get free access to audio summaries, author interviews and other valuable member only content. Visit www.whartonsp.com/facstaff to register and access benefits. All WSP books also are available at the Penn Bookstore.

For more, visit the Wharton School Publishing website.

Wharton in the News

Arizona Republic
August 3, 2006 — The Professor Leonard Lodish, Samuel R. Harrell Professor, Professor of Marketing, and vice dean of Wharton West, was interviewed in an article about the MBA for Executives Program at Wharton West in San Francisco. The article noted that Wharton's program is not a diluted version of the MBA program, but rather has the same content, hours, curriculum, and standards as the full-time MBA. Wharton West student Cameron Epard, who flies from Phoenix every other week to attend the program in San Francisco, was interviewed. read article

Slate Magazine
July 28, 2006 — Joel Waldfogel, Joel S. Ehrenkranz Family Professor and Professor of Business and Public Policy, authored a column about the negative impact of new CEOs who are related to their predecessors. read article

BusinessWeek
July 13, 2006 — Jeremy Siegel, Russell E. Palmer Professor of Finance, was quoted in an article about the impact of globalization and terrorism on the economy.

Shanghai Daily
July 10, 2006 — Kevin Werbach, assistant professor of legal studies and business ethics, and Evan Wittenberg, director of the Wharton Graduate Leadership Program, were quoted in an article about the executive succession plan at Microsoft.

The Wall Street Journal
July 10, 2006 — Patricia Williams, associate professor of marketing, was quoted in an article about engaging and involving consumers in a product as a strategy in advertising.

The New York Times
July 2, 2006 — Georgette Chapman Phillips, David B. Ford Professor of Real Estate and Professor of Legal Studies and Law, was quoted in an article about new housing, builders, and the cost of upgrades.

Alumni in the News

Alexander Campbell, W'98, founder and CEO of Vibes Media, was featured in an article about mobile phone marketing and its interactivity with radio and music. (The Globe and Mail, 7/8/06); Nicholas Taubman, W'57, U.S. ambassador to Romania, was featured in an article about the economy in Eastern Europe. (Roanoke Times & World News, 7/9/06); Steve Ellis, W'92, was featured in an article about music licensing. Ellis is founder and CEO of Pump Audio Inc, a Web-based service that gives professional and amateur content producers the ability to license songs. (CMP TechWeb, 7/11/06); Sara Armstrong, W'83, a senior manager with Graham Packaging, a plastic products manufacturer headquartered in York, Pennsylvania, was featured in an article about changing careers in mid-life. Armstrong was the head of SunGard's legal department until early 2006. (The Legal Intelligencer, 7/12/06); Blane Fitzgerald Stoddart, W'87, was featured in an article about the public school system in Philadelphia. Stoddart, executive director of The Partnership Community Development Corporation, has been a driving force behind community development and safety programs in West Philadelphia. (The Philadelphia Inquirer, 7/16/06).

Faculty Tour: St. Louis
September 10, 2006
Richard Shell, Negotiations.

Wharton's Business Roundtable on Leadership
September 15, 2006

Faculty Tour: Los Angeles
September 25, 2006
David Reibstein, Marketing Metrics.

Faculty Tour: Portland, OR
October 4, 2006
Kenneth Shropshire, Sports Business at Wharton.

Faculty Tour: Beijing
November 2, 2006
Marshall Meyers.

Wharton West Reunion
November 4-5, 2006