School News

More than 250 attend Global Alumni Forum in Lima
The Global Alumni Forum in Lima, according to Jorge Kuryla, WG'95, president of the Wharton Club of Perú, "was a total success, having gathered more than 250 alumni, professors, panelists and friends to exchange ideas and best practices." Among the speakers were world-famous author Mario Vargas Llosa, international journalist Andres Oppenheimer, and former prime minister of Perú and partner of The Rohatyn Group, Pedro-Pablo Kuczynsky. visit website

Wharton Joins Forces with Goldman Sachs Group on 10,000 Women Initiative
Wharton partnered in the launch of the "Women Entrepreneurship Education Initiative" to build the business skills of women entrepreneurs in developing countries. An initiative of The Goldman Sachs Group, Inc., the 10,000 Women project brings together partner schools around the world to provide business and management education to 10,000 underserved women, predominantly in developing and emerging markets. visit website

WHIVP Awarded Health and Human Rights Leadership Award
The Wharton Healthcare International Volunteer Program (WHIVP) received the Doctors of the World's 2008 Health and Human Rights Leadership Award. WHIVP volunteers have partnered with DOW to create innovative health delivery and social entrepreneurship systems in the West Pokot District of Kenya. The collaboration has focused on creating microfinance systems for people living with HIV, and in developing creative methods to increase utilization of lifesaving Maternal and Neonatal Healthcare services in isolated communities. read more

Wharton Leads Initiative for Global Environmental Leadership
Wharton Professor Eric Orts is the founding director of the Global Environmental Leadership Initiative, a cross-disciplinary endeavor with faculty from Penn's schools of Arts and Sciences, Design, Engineering and Applied Science, Law and Medicine. The Initiative's first annual conference, Business and the Environment, will take place at Penn on April 15-16, 2008. read news release and visit the Initiative for Global Environmental Leadership website

Prof. David Hsu Receives Sloan Industry Studies Fellowship
The Alfred P. Sloan Foundation recognized Prof. David Hsu for his groundbreaking work in the venture capital field. Hsu is one of five outstanding young researchers to receive the 2008 Sloan Industry Studies Fellowships. read more

MBA Team Competes in International VCIC Finals
The Wharton MBA venture capital team beat competitors including Harvard and NYU Stern in the New England bracket and is going to the international Venture Capital Investment Competition Finals being held on April 18-19, 2008, in Chapel Hill, N.C. From a field of 50 teams world wide, only eight teams will compete for $10,000 in prize money. The team includes five MBA students, all members of the Class of 2009. visit the VCIC website

Knowledge@Wharton

Biased Expectations: Can Accounting Tools Lead to, Rather than Prevent, Executive Mistakes?
Accounting techniques like budgeting, sales projections and financial reporting are supposed to help prevent business failures by giving managers realistic plans to guide their actions and feedback on their progress. read more

The Experts vs. the Amateurs: A Tug of War over the Future of Media
A tug of war over the future of media may be brewing between so-called user-generated content -- including amateurs who produce blogs, video and audio for public consumption -- and professional journalists, movie makers and record labels, along with the deep-pocketed companies that back them. read more

'Dead-tree Medium' No Longer: For Many Marketers, Print Outperforms Digital
Paper costs are rising, mail rate hikes are looming and competition from new media continues to grow. Yet marketers' use of direct mail and other printed materials is stronger than it's been in years. read more

Wharton School Publishing

New Wharton School Publishing Book: It Starts with One: Changing Individuals Changes Organizations
In It Starts with One, J. Stewart Black and Hal B. Gregersen identify the core problem of changing organizations -- changing individuals and the "mental maps" inside their heads. To change organizations, you must break through your own brain barrier -- and help those around you do the same. One step at a time, It Starts with One, shows how to do that: how to create new destinations and new, more inspiring, effective paths to sustainable change. Black and Gregersen draw on their extensive experience consulting with world-class organizations to offer integrated tools, strategies, and solutions for overcoming the obstacles.

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

The Wall Street Journal
February 5, 2008 — A study co-authored by Justin Wolfers, assistant professor of Business and Public Policy, was cited in an article about the relationship between politics and the markets.

The San Francisco Chronicle
February 5, 2008 — Research by Nicholas Souleles, Michael L. Tarnopol Associate Professor; associate professor of Finance, was noted in a story about Congress' plan to stimulate consumer spending by issuing tax rebates.

Forbes.com
February 11, 2008 — Howard Kunreuther, Cecilia Yen Koo Professor; professor of Decision Sciences and Business and Public Policy; co-director, Risk Management and Decision Processes Center, authored an op-ed about how long-term insurance can help homeowners in hurricane zones save money and protect themselves at the same time.

USA Today
February 18, 2008 — Mauro Guillen, Dr. Felix Zandman Professor in International Management; professor of Management and Sociology; director, Joseph H. Lauder Institute for Management & International Studies, was cited in an article about the trend for corporate governance to become more transparent worldwide.

WBBR (Bloomberg Radio)
February 20, 2008 — Susan Wachter, Richard B. Worley Professor of Financial Management; professor of Real Estate, Finance and City and Regional Planning, was interviewed regarding mortgage issues related to the economic slowdown.

The New York Times
February 22, 2008 — John Paul MacDuffie, associate professor of Management, was quoted in an article about Toyota, its training centers, and its plans for growth.

Alumni in the News

Leonard Lauder, W'54, was featured about his business as well as the Joseph H. Lauder Institute of Management and International Studies which he cofounded with his brother. (Financial Times, 2/4/08); Jose L. Cuisia, WG'70, was featured in an article about receiving the award of Management Man of the Year from the Management Association of the Philippines. He is concurrently chairman of Philam's affiliate companies and vice chairman of the board of SM Prime Holdings. (The Manila Times, 2/10/08); Steven Jackson, W'78, was interviewed about his family's gift to the Anderson School of Management at the University of New Mexico. (Albuquerque Journal, 2/11/08); Paul Haaga, WG'74, was interviewed about the Pension Protection Act. Haaga is executive vice president and director of American Funds' Capital Research and Management Company. (Money Management Executive, 2/11/08); William McNabb, WG'83, was featured in an article about his career overseeing Vanguard's institutional and international businesses. McNabb was recently named CEO at Vanguard. (The Philadelphia Inquirer, 2/23/08).

If you have news or events you'd like considered for inclusion in the e-newsletter, please e-mail editor@wharton.upenn.edu.

Decision Processes Distinguished Lecture: George Loewenstein, Herbert A. Simon Professor of Economics and Psychology, Carnegie Mellon University
(April 14, 2008)

Wharton Leadership Lecture: Donald Humphreys, Senior Vice President & Treasurer, Exxon Mobil Corporation
(April 17, 2008)

Wharton Reunion Weekend
(May 16-18, 2008)

Wharton Commencement Ceremonies (Undergraduate, Graduate, and Doctoral)
(May 18, 2008)

Global Alumni Forum: Ho Chi Minh City, Vietnam
(May 30-31, 2008)

Global Alumni Forums