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School News
2008 Global Alumni Forum Locations Announced
The 2008 Global Alumni Forums will be held in Lima, Peru; Ho Chi Minh City, Vietnam; and Cape Town, South Africa. The forums are held each year in locations around the world identified as centers of economic importance and business growth. The Lima forum will be held from March 12-14, 2008, with the theme, "New Directions for Latin America." The Ho Chi Minh City forum will be held on May 30-31, 2008, and will focus on, "Vietnam — Star on the Rise." The Cape Town forum will be held on June 26-27, 2008 with the theme of, "The Importance of Leadership." Dean Robertson will lead the delegation to each forum. A number of Wharton faculty, including Professors Raffi Amit, Stephen Kobrin, George Day, Richard Herring, Kenneth Shropshire, Janice Bellace, Marshall Meyer, Philip Nichols, and Ian MacMillan, will participate.
read news release
Scholarship for U.S. Marine Corps Officers Announced
A new scholarship was announced at the conclusion of the Quantico Leadership Venture last month. The Venture is a one-and-a-half-day leadership development workshop that builds upon the programs and facilities of the U.S. Marine Corps for developing leadership at its Officer Candidate School. The scholarship was created to honor Captain Robert M. Secher, who was instrumental in partnering with Wharton to design and deliver the Quantico Leadership Venture. Capt. Secher was killed while serving in Iraq and the scholarship is named in his honor to recognize his service and the contributions he has made to Wharton. More than 1,000 Wharton MBA students have participated in this unique hands-on leadership program since it began eight years ago. read news release
CPA and the Zicklin Center to Collaborate on Corporate Governance and Corporate Political Accountability
The Center for Political Accountability (CPA) and Wharton's Zicklin Center for Business Ethics Research announced a new collaboration on company political spending and activity and the role of corporate governance in overseeing and regulating this activity. The CPA and the Zicklin Center will kick off their effort with several new initiatives, including a study of how directors carry out their oversight responsibilities of company political spending and activity, a survey of the codes of conduct of S&P 500 companies and how they regulate political spending, and an examination of existing regimes for political disclosure and accountability of the U.S. and a range of foreign countries and companies. read more
Undergrads Can "Venture a Guess" and Play Wharton Entrepreneurial Programs' New Weekly Trivia Game
How did Jon M. Huntsman help sell "billions and billions" of McDonald's Big Macs? Undergrads who know the answer should play Wharton Entrepreneurial Programs' (WEP) new trivia contest, "Venture a Guess!" for a chance to win an iPod Video, plane tickets and other top prizes. The contest, which will run all semester and award weekly prizes, is being offered as a fun way for Wharton and Penn students to learn how much entrepreneurship effects our lives. (Answer to question: Huntsman's firm developed the original "clamshell" boxes for McDonalds' Big Macs). more on Venture a Guess!
Entrepreneur-in-Residence Program Announces New Name, New Slate of Company Founders
In recognition of a generous gift from Robert Haft, W'74, Wharton Entrepreneurial Programs has re-named its popular Entrepreneur-in-Residence program the "Robert Haft Entrepreneur-in-Residence Fall Series." This year's program includes one-on-one sessions with entrepreneurs David Brailer, PhD'92, of Health Evolution Partners, Joel Cantor, WG'89, of Cantor Development, and Jeff Fluhr, W'95, of StubHub. During 30-minute sessions, Entrepreneurs-in-Residence meet with students to discuss ideas, opinions, and strategies for potential or actual business ventures. Visit the Entrepreneur-in-Residence website
Indian Finance Minster kicks off Wharton’s 2007-2008 Leadership Lecture Series
P. Chidambaram, India’s Finance Minister, spoke last month at the newly named Dhirubhai Ambani Auditorium in the first of a series of leadership lectures. Chidambaram spoke on a range of topics including India’s surge in economic power, the importance of a global economic community, and the need to maintain a healthy relationship with its world partners. The lecture was followed by a 25-minute Q & A session with both undergraduate and graduate students. The 2007-2008 leadership lecture series will feature appearances by many of the world’s most influential leaders and policy-makers. For more information on the series, view videos of lectures, and the series schedule, visit the Wharton Leadership Lecture website.
Recognition
New Editor Post for Prof. Bradlow
Marketing Professor Eric Bradlow will become the next editor of the journal Marketing Science on January 1, 2008. read more
For more news, visit the News and Events
section of Wharton’s website.
Knowledge@Wharton
Can't Run, Can't Hide: New Rules of Engagement for Crisis Management
The corporate apologies are piling up. Mattel CEO Robert Eckert apologized before a Senate subcommittee on September 12 for lead paint found in millions of the company's toys. read more
A Primer for Presidential Candidates in a Wired World: Be Cool, Consistent — and Yourself
Pop singer Britney Spears would seem to have little to teach candidates for the U.S. presidency. But her lame performance at the MTV Video Music Awards on September 9 — she forgot the words to a lip-synched song — is a cautionary tale about the speed with which news travels in a wired world, whether it concerns pop music or politics, says Wharton marketing professor Americus Reed. read more
Move Over, Beanie Babies, Webkinz Are Coming to a Store — and Virtual World — Near You
Nine-year-old Tara has a stuffed black bear that she has named Midnight. She purchased him at a store on the boardwalk in Ocean City, N.J., for $12.95, plus tax. read more
For more research, visit Knowledge@Wharton,
Wharton’s online source for business news and analysis.
Wharton School Publishing
New Book from Wharton School Publishing by Wharton Professor John R. Kimberly and Hamid Bouchikhi
The Soul of the Corporation: How to Manage the Identity of Your Company.
The Soul of the Corporation will help you clearly understand your company's identity, and then take control of it and leverage it for long-term adaptation and success. Drawing on real-life stories from the world's most prominent companies, the authors show how identity can be an extraordinarily valuable asset, and how, if not properly managed, it can become a huge liability.
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
U.S. News & World Report
July 13, 2007 — Marshall Meyer, Richard A. Sapp Professor; professor of Management and Sociology, was interviewed regarding concerns about the safety of Chinese products.
NPR
July 16, 2007 — Bernard Anderson, Whitney Young Term Professor; practice professor of Management, was interviewed regarding legislation pending in Congress that would reduce the financial burden for students repaying education loans.
The Economist
July 21, 2007 — Richard Herring, Jacob Safra Professor of International Banking; professor of Finance, was quoted in a story about the perils of derivatives and fair-value accounting.
Financial Times
July 23, 2007 — Raffi Amit, Robert B. Goergen Professor of Entrepreneurship; Professor of Management; academic director, The Wharton Global Family Alliance, was quoted in a story about why the owners of many of America's big family businesses have recently sold their companies
CNBC
July 27, 2007 — Research about failed mergers by Susan Wachter, Richard B. Worley Professor of Financial Management; professor of Real Estate, Finance and City and Regional Planning, appeared on "Street Signs" to discuss problems in the real estate market.
The New York Times
July 29, 2007 — Jessica A. Wachter, assistant professor of Finance, was quoted in an article about market timing. The study, "Predictable Returns and Asset Allocation: Should a Skeptical Investor Time the Market?", that she co-authored was featured.
The Wall Street Journal
August 6, 2007 — Research by Gary Gorton, Robert Morris Professor of Banking; professor of Finance, was cited in an article regarding how it is becoming more difficult to find assets that aren't highly correlated to the movement of other markets.
For more media coverage, visit Wharton
in the News on Wharton’s website.
Alumni in the News
Elise Bernal, W'00, director of business for Native Foods, was quoted in an article about natural and vegetarian foods. (The Orange County Register, August 31, 2007); Todd Gibby, WG'79, CEO of Intelliworks, was interviewed about his career in developing technology for higher education. (The Washington Post, 8/27/07); Mehmet Oz, WG'86, was interviewed about his approach to integrative medicine. Oz is a cardiovascular surgeon who brings meditation as well as robotics into the operating theater. (American Public Radio, 8/30/07); Marvin Preston, WG'81, was featured in an article about his career in ballet. Preston was the former leader of the Martha Graham School and has been appointed executive director of the Princeton Ballet School. (The Star-Ledger, 8/30/07); Pia Singh, W'94, was noted in an article about urban development in India. Singh runs the retail side of her family's commercial real-estate company, DLF. (Time, 8/27/07); Peter Solyom, WG'95, was featured in an article about his work with mergers and acquisitions. Solyom has been appointed to head the mergers and acquisitions team at Ernst & Young Hungary Zrt. (Budapest Business Journal, 8/21/07); Nassim Nicholas Taleb, WG'83, was featured in an article about his book The Black Swan: The Impact of the Highly Improbable. In addition to being a non-fiction writer, Taleb was active as a trader in the stock market and started his own firm, Empirica. (BusinessWorld, 8/31/07).
For more, visit Alumni
in the News on Wharton’s website.
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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