Date post: | 10-Mar-2016 |
Category: |
Documents |
Upload: | jesse-h-jones-graduate-school-of-business |
View: | 228 times |
Download: | 4 times |
Jesse H. Jones Graduate scHool of ManaGeMent / rice university / fall 2008
Global ImpactFocus on China
Building China’s futureCFO Curt Lam (‘94)learning on the job
Taking Stock in Hong KongHenry Yeung’s (‘96) role in China’s transformation
Blazing Trails Henry Tsang (‘80) bankson investment and beyond
Good Neighbors, Good BusinessHaiyang Li and Anthea Zhang explore how community affects business success
Columns02 AroundthesChool New studeNt exchaNge program | Bp selects rice to lead coNsortium | 4th aNNual rice summer BusiNess iNstitute | JoNes school: updates & Breakthroughs | New staff appoiNtmeNts | New faculty | iNvestiture wiNNers | rice alliaNce: rice BusiNess plaN competitioN | giviNg to JoNes
feAturesBuildingChinA’sfuture|14 | cfo curt lam learNiNg oN the JoB
tAkingstoCkinhongkong | 18 | heNry yeuNg’s role iN chiNa’s traNsformatioN
BlAzingtrAils| 22 | heNry tsaNg BaNks oN iNvestmeNt aNd BeyoNd
goodneighBors,goodBusiness| 26 | commuNity effects oN BusiNess success
30 mediAmentions
31 AlumniPresident’sletter
32 ClAssnotes
35 AlumniresourCes
JonesJournAl
associate director of alumNi relatioNsshaheeN ladhaNi
director of marketiNgcommuNicatioNslaura huBBard
editorJulia NguyeN
editorial coNsultiNg servicethe pohly compaNy
writersJaN hester JohN r luedemaNN
art directioN + desigNpiNg lau
photographyJustiN calhouNJoN-paul estradatommy lavergNedolores thacker
priNtiNgwesterN lithograph
Jonesgsm.riCe.edu
on the cover: curt lam ‘94, cfo of socam asset management in hong kong
Jones Journal fall 2008 1
the highly dynamic and globally competitive nature of business education demands that the Jones school pursue global opportunities for collaboration and engagement. the Jones school’s efforts to build these alliances have recently taken me to dubai, india, mexico, and china.
China, in particular, is playing a major role in the Jones School’s mission to develop thought leaders in
global communities. This issue of the Jones Journal explores some of the initiatives that the school, and its
faculty, students, and alumni, are undertaking in China. From groundbreaking research to successful business
management, the impact of the Jones School clearly extends well beyond McNair Hall.
These stories provide just a glimpse of the progress we are making around the globe, and I have no doubt
that there will be great things to come as our international relationships continue to grow. We are already well
on our way to solidifying the Jones School as one of the world’s premiere business schools.
With admissions standards at their highest levels in each program, we are proud to enroll the largest
number of Rice MBA students ever. Applications for the Full-Time program were up more than 20 percent
this year, and the class of 2010 features a highly competitive 667 average GMAT. Admissions to the Professionals
and Executives programs also continue to impress. The MBA for Professionals had a 10 percent improvement
in average salary, which is an indicator of the quality of students in this year’s class and reflects the increased
value they represent to their organizations. Similarly, the newest MBA for Executives class includes an even
more experienced group of senior level executives. The ongoing improvement across all of our programs
places the Jones School among a small, elite set of schools.
To accommodate our growth, we recently added seven new faculty members to the Jones School. Each of
them is introduced in this edition of the Jones Journal. Their knowledge and experience will be critical to our
continued success. We welcome them to the Rice family.
We also would like to give special thanks to the generous supporters of the school, many of whom are
alumni or from the Houston business community. The generous gift given by the Virginia and L.E. Simmons
Family Foundation will create the L.E. Simmons Ph.D. Suite and support the new Ph.D. program set to debut
with a marketing specialization in 2009. The popular undergraduate business minor, which launched in fall
2007, received gifts from alumnus Keith Anderson ‘83 and from NCI Building Systems.
As always, we will make every effort to keep you informed of our future endeavors. We also encourage
you to maintain your relationship with the Jones School by keeping us apprised of your accomplishments and
visiting or attending Jones School events whenever possible. I wish you the best and hope to hear from you.
Warm regards,
Bill glick Dean H. Joe Nelson III Professor of Management Jesse H. Jones Graduate School of Management Rice University (713) 348-5928 [email protected]
deAn’sWelCome
14
18 26
22
neWexChAngeProgrAmofferedWithleAdinguniversityinmexiCo
Jones Journal fall 2008 3
exchange ProgramBasics
The Jones School of
Management has recently
formed a new partnership with
ITESM-EGADE, one of Mexico’s
pre-eminent educational institutions. The partnership, an
exciting step toward expanding Rice’s global footprint,
will enable the two universities to promote and expand
international understanding, development, and friend-
ship among the students, faculty, and staff of Rice and
ITESM and their respective communities.
As a result of the partnership, in spring of 2009, the
Rice-ITESM exchange program will provide an exchange
of students on a yearly basis year from each university.
Current Rice graduate students can study at any of the
33 regional campuses throughout the country. Although
details have not yet been finalized, other partnering
activities with ITESM-EGADE may include: international
trips, executive education, short-term training programs
and projects, and joint conferences and seminars.
globalCommunityThe agreement with ITESM formalizes an important
relationship for the Jones School. In March of 2008, 36
Rice MBA students traveled to Mexico City to participate in
an annual five-day exchange program hosted by ITESM-
EGADE’s Santa Fe campus. Students spent one day at
the Mexico City location learning about the country’s
business culture and political climate. The balance of
the trip focused on business-related site visits designed
to give students an increased awareness of what it’s like
to do business in Mexico.
“The collaboration between the Jones School
and ITESM provides a valuable international learning
opportunity for our students and will help prepare
them to be the global thought leaders of tomorrow,”
said Bill Glick, Jones School dean and H. Joe Nelson III
professor of management.
extending ourreach The ITESM-EGADE
partnership is a
continuation of Rice’s
commitment to Latin
America, with Mexico paving the way for expanded
presence. In addition to partnering with top Latin
American business schools such as INCAE in Costa
Rica and ITESM-EGADE, last year, Rice partnered and
conducted many recruiting events throughout Latin
America in Argentina, Chile, Colombia, Peru, and Mexico.
As a result, Rice successfully recruited top Latin American
students; this year, Latin American applications were up
25 percent, and the Jones School yielded 75 percent of
admitted students. This year, Rice will be partnering
with Latin American GMAT prep centers to further build
the application pipeline.
“Latin America is a
natural fit for a leading Texas
business school such as Rice,”
said Sean Ferguson, assistant
dean for Degree Programs, who
accompanied the student group
to Mexico City. “It’s important
to prepare students for the
realities of future global economic
growth, and exchange programs
and international trips are a
great way to gain perspective
and dispel any misconceptions
people may hold. Ultimately,
the programs help to raise the
University’s global visibility.”
around the Schoolaround the School
a new exchange program with the graduate school of Business administration and leadership (egade) at the instituto tecnológico y de estudios superiores de monterrey (itesm) will offer students and staff from both institutions an opportunity to expand their international horizons.
jonesgsm.rice.edu
ProgramhighlightsBP, a multinational energy company with a work-
force of 10,000 petrotechnical professionals, recently
announced it will fund a consortium of five universities,
headed by Rice, to enhance technical education
in its exploration and production (E&P) workforce.
BP chose Rice for the leadership role because of the
University’s track record in collaborating with other
institutions of higher learning.
“Our partnership with these leading academic
institutions is further evidence of BP’s use of learning
and technological innovation to underpin its E&P
growth strategy,” said Andy Inglis, CEO of BP E&P.
Rice will work closely with BP and consortium
members to design education programs for the
organization’s international workforce. The consortium
also includes Baylor College of Medicine’s Center for
Collaborative and Interactive Technologies and three
UK-based institutions: Heriot-Watt University, Imperial
College, and the University of Manchester.
theBottomlineThe partnership will provide faculty of the Jones
School with an opportunity to expand their knowledge
of cultural influences on education, organizational
impediments to learning in a global workplace, and
the actual costs of running large programs. “We will
be actively engaged in developing BP’s next generation
of leaders,” noted Jones School Executive Education
Director of Energy William B. Lee. “We will focus
on a range of management topics, including leading
high-performance teams, leadership development and
communications, and general business acumen that
employees need to excel in the global energy market.”
Consortium Executive Director Garrett Dolan sees
far-reaching benefits for Rice. “BP is concerned about
what they call ‘the great crew change’,” he said. “They’re
wrestling with an aging work force, as well as changing
dynamics of how people are taught. Both have
repercussions for universities, and we hope this
relationship will help us become better educators.”
BPseleCtsriCeuniversitytoleAdeliteeduCAtionConsortium
a partnership with Bp will provide rice university with an opportunity to participate in collaborative research as well learn new ways to adapt education to the global marketplace.
jonesgsm.rice.edu Jones Journal fall 2008 5
highsChoolstudentsleArnBusinessAndfinAnCeinriCesummerBusinessinstituteThis past summer, 41 high school students from
Houston’s low- and moderate-income communities
learned the fundamentals of business and finance in the
4th annual Rice Summer Business Institute (RSBI).
In this intensive two-week program, students are
exposed to a variety of business topics through seminars by
prominent Jones School faculty, workshops in business
communications, and through hands-on learning such
as trading simulations and a venture capital ‘elevator
pitch’ competition. Field trips to the underwriter and
corporate sponsors provide a first-hand view of the
‘real-life business world.’ Cross-school teams conduct
and present an in-depth analysis of a retail stock. As a
result of the Institute, a few outstanding RSBI students
receive internships with Merrill Lynch.
The Institute aims to broaden these students’
expectations of career possibilities, sowing the seeds
today for developing the future diverse business leaders
of Houston. The Institute, underwritten by Merrill
Lynch and hosted by the Jones School, is provided free
of cost to students accepted through a competitive
application process.
rsBiunderwriterMerrill Lynch
rsBiCorporatesponsorsConocoPhillipsEl Paso CorporationInvesco AimThe Robert and Janice McNair Foundation Rice MBA Gala 2008
rsBihighschoolsChinquapinDavisHarmony ScienceKIPPReaganSam HoustonWheatleyYatesYES Prep
learningAreas
Business leadership and ethics
Business strategy and planning
Consumer marketing and brand management
Corporate organization
Entrepreneurship
Sports management
Stock and energy markets
around the Schoolaround the School
jonesgsm.rice.edu
full-timemBAemployment 2007 2008Average Base Salary $89,006 $93,005
Average Signing Bonus $18,248 $20,046
Compiled according to MBACSC guidelines. As of Sept. 30, 2008.
Jones Journal fall 2008 7jonesgsm.rice.edu
JonessChool:uPdAtes&BreAkthroughs neWstAffAPPointments
ClAssof2009
Class size 111Average GMAT 609Average Age 29 Average Years Experience 6Percentage Women 35 Percentage Minority 19
ClAssof2010
Class size 112Average GMAT 608Average Age 29 Average Years Experience 6Percentage Women 24 Percentage Minority 21
ClAssof2009
Class size 124Average GMAT 642Average Age 27 Average Years Experience 4Percentage Women 30 Percentage Minority 10
ClAssof2010
Class size 127Average GMAT 667Average Age 27 Average Years Experience 4Percentage Women 37 Percentage Minority 12
full-timemBA mBAforProfessionAls
full-timeProgrAmemPloyment2002-2008
ClAssof2009
Class size 61Percentage of Advanced Degrees 37Average Age 38 Average Years Experience 14Percentage Women 25 Percentage Minority 24
ClAssof2010
Class size 70Percentage of Advanced Degrees 39Average Age 37 Average Years Experience 14Percentage Women 21 Percentage Minority 24
mBAforexeCutives
— As of sept. 30, 2008 ProgrAmhighlightsClAss of 2010
full-time mBathe quality of students in the 2010 full-time program has improved in several key areas. the application volume increased over 20 percent, reaching a five-year high. only 31 percent of applicants were admitted, the best ever selectivity for the Jones school. the mean gmat score of 667 is also an all-time high for the program. the class is 37 percent female, a percentage that places our program ahead of nearly every top school. gains in diversity were made as the underrepresented minority population increased to 12 percent.
mBa for professionalsgreat improvements for the 2010 professionals program were made in both selectivity and yield: a selectivity of 73 percent would place the program among the top 20 of evening mBa programs and an 84 percent yield beats four of the top five ranked evening programs. also, the new program remains a diversity leader with an exceptionally high number of women and underrepresented minorities compared with peer schools.
mBa for executivesthe 2010 class of executives — a highly educated, globally-experienced, and inclusive cohort of students as evidenced by graduate degrees (39 percent) — is extremely diverse; students represent 21 countries including 24 percent of underrepresented minorities. meanwhile, the diversity of thought and perspective of the experienced students, 52 percent classified as upper management, creates a rich and robust educational experience.
mediAreCognitionEntrepreneur and Princeton Review, september 2008only texas graduate entrepreneurship program in top 25ranked 16th among u.s. graduate entrepreneurship programs
The Economist, september 2008ranked 1st in texas and in southwest among full-time mBa programs
ranked 44th globally and 25th in the u.s.
elainem.Brewerdirectorofinformationtechnology
Elaine Brewer, who has more than 20 years of IT experience, is the new director of IT. In her new role, she will enhance the school’s technology support and services. Most recently, Brewer served as the director of Research and Instructional Computing Services and as an adjunct instructor at the University of Houston’s C.T. Bauer
College of Business Administration. She has a B.A. from Houston Baptist University and an MBA from University of Houston.
d.BrentsmithAssociatedeanofexecutiveeducation
D. Brent Smith, former associate professor of Management and Psychology at the Jones School, has been appointed as the new associate dean of Executive Education. Previously, Dr. Smith was an associate professor of Organizational Behavior at the London Business School where he specialized in non-degree corporate education.
Additionally, he is a founding partner of TalentSage, L.L.C., a management consultancy. He received his M.A. and Ph.D. in Organizational Psychology from the University of Maryland at College Park and a B.A. in Sociology and Psychology at the University of Tulsa.
susannahB.tysorAssociatedirector,Corporaterelations
Susannah Tysor is the new associate director of Corporate Relations at the Jones School. In this position, Tysor is responsible for the cultivation of corporate involvement at the Jones School. Prior to the Jones School, she served as the corporate relations manager at the Museum of Fine Arts, Houston and as a founding executive director
of the Texan-French Alliance for the Arts in Houston. She received a dual undergraduate degree in French and International Studies from Duke University and her master’s in French Studies from Rice University.
Panyal.yarberdirector,riceeducationentrepreneurshipProgram
Panya Yarber was selected to lead the Rice Education Entrepreneurship Program (REEP), a new program that equips current and future K-12 school principals with exceptional leadership abilities and management principles. Previously, Yarber completed a Broad Residency with HISD, served as senior manager, Network Supply Chain Management/
Technology at Cingular Wireless, and as an engineer with Motorola. She is a member of Toastmasters International. She holds an MBA from Harvard University and a B.S. from Stanford University.
yolanderd.AlbertAssociatedirectorofemployerrelations
Yolander Albert recently joined the Jones School’s Career Management Center as the new associate director for employer relations. Previously, she managed employer relations, diversity recruiting, and corporate fundraising for Duke University. Prior to Duke, she worked in employer relations and recruiting with Procter & Gamble, INROADS, Inc., Kurt
Salmon Associates, and Wachovia Bank. Albert holds a B.S. in Computer Science at Southern University and an M.S. in Human Resource Development at Georgia State University.
78%74%
81%
93%86%
95%
67% 65%
57%
71% 69%
81%
73%
2002 2003 2004 2005 2006 2007 20080%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%90%
percent accepted at graduation percent accepted 3 months after graduation
emPloymentstAtistiCs full - time mBA ClAss of 2008
ACAdemiCProfiles
Compiled according to MBACSC guidelines. As of Sept. 30, 2008.
around the Schoolaround the School
jonesgsm.rice.edu Jones Journal fall 2008 9jonesgsm.rice.edu
ClAssof2008investiturehonors,Prizes,AndAWArds
JonesCitizenshipAwardAcho Kelechi AzuikeLauren Michelle BarrashJennifer Lynne BricksonPhillip D. BrownAlejandro (Alex) CesteroHarshit ChaturCameron Leigh DyerKola FagbayiTaylor Bennett FaulknerRadu V. FilipKathleen King GibsonChristine GlauberRebecca L. InchSidhya JayakumarAaron J. KnapeYuling LiLeslie Erin MayMichelle Lynn NatarajanTonya Marie OlpinAmanda H. SammonsKevin J. Voelte
dean’sspecialrecognitionAward(posthumous)Daniel Huffaker
JonesscholarsA. Alex AugustinIrfan A. BidiwalaCarolyn R. BornKristine S. BoydMaria Inmaculada CalzadoKevin V. CummingChristopher R. DahlmeierRichard P. DavisCameron Leigh DyerRehan FarooqMarion Barbara Elizabeth GammillClaudia Kent HertzogSzu-Po Schubert HuangSidhya JayakumarNikhil Uday KarogalJeffery KohChristina Konvicka
Webb MitchellIan MoxonKaarle RautioStephen SchwarzbachDerek J. SteelePallassana (Venky) VenkataramanGuillermo VignaKevin J. VoelteKexin WangLeonard Yowell
Jesseh.JonesgraduateschoolofmanagementAlumniAwardforexcellenceinteachingSally K. Widener
mBAforexecutivesAwardsforteachingexcellenceJames T. HackettKaren Nelson
mBAforProfessionalsAwardforteachingexcellenceRichard A. Price
full-timemBAAwardforteachingexcellenceBrian R. Rountree
m.A.“mike”WrightAwardsLauren Michelle BarrashChristine GlauberAaron J. KnapeKevin J. Voelte
loranet.PhilipsAwardforexcellenceinWritingMarion Barbara Elizabeth Gammill
roberte.PhilipsAwardforexcellenceinPresentationTonya Marie Olpin
2008fACultyAPPointments
sebastienmichenaudAssistantProfessoroffinance
Sebastien Michenaud, a new assistant professor of finance at the Jones School, has extensive corporate experience. He has worked in mergers and acquisitions with Bankers Trust, corporate strategy with Schneider Electric, and management consulting with Arkwright Enterprises Ltd. His research interests include corporate finance and capital budgeting decisions, analyst coverage, information asymmetry and behavioral finance. Professor Michenaud has received awards and honors including Best Paper from the Swiss Finance Institute. He holds an MSc and Ph.D. from HEC School of Management and MSc in Economics from Delta-EHESS.
gerrysandersProfessorofstrategy
Gerry Sanders, professor of strategy, comes from the Marriott School of Management at Brigham Young University, where he was the department chair of organizational leadership and strategy. His expertise is in corporate governance, executive compensation, international strategy, mergers and acquisitions, and strategic manage-ment. Additionally, Professor Sanders currently serves as associate editor of the Academy of Management Journal. He received his Ph.D. in strategic management from the University of Texas at Austin.
BeatakrupalecturerinCommunications
Beata Krupa, who has extensive teaching experience in both traditional classroom and online settings, joins the Jones School as a lecturer in commu-nications. Most recently, Professor Krupa was the corporate director of regional accreditation for Westwood College. Prior to this position, she worked as the vice president of academic operations and as the academic chair of the Business Communica-tions Department at the Jones International University (JIU). She holds a Ph.D. in media ecology from New York University and an M.A. in journalism and political science from the University of Warsaw, Poland.
kimkimmeylecturerinCommunications
Kim Kimmey is a new communications lecturer at the Jones School. She has worked as a senior marketing executive for more than 25 years building successful integrated marketing programs for companies. Her corporate experience includes management positions at Bracewell & Giuliani LLP, Fulbright & Jaworski LLP, Vinson & Elkins LLP, and owner/principal of Kimmey Marketing and Public Relations. For the past 10 years, she has served as an adjunct lecturer in business at the University of Houston. Ms. Kimmey has an M.S. in marketing from Texas A&M University.
BalajikokaAssociateProfessorofstrategy
Balaji Koka is a new associate professor in strategy at the Jones School. His research interests include strategic alliances and interfirm networks, institutional context, government trade, investment policies, social entrepreneurship, international business, and the global steel industry. Professor Koka currently serves on the prestigious editorial boards of the Academy of Management Journal, Academy of Management Review, and Strategic Management Journal. Previously, he was an associate professor at the W.P. Carey School of Business at Arizona State University. He received his Ph.D. in strategic management from the University of Pittsburgh.
AjaykalraProfessorofmarketing
Ajay Kalra, professor of marketing, joins the Jones School from Carnegie Mellon University where he served as associate professor. His primary research interests include quality assessment, sales force compensation, and promotional strategy. He has been published in leading journals including the Journal of Marketing, Manage-ment Science, Marketing Sciences, Journal of Marketing Research, and Journal of Adver-tising and has served on the editorial boards of Journal of Marketing and Marketing Letters. Professor Kalra received a Ph.D. in marketing from the Fuqua School of Business at Duke University.
Jeffersonduartegeraldd.hinesrealestatevisitingAssociateProfessor
Jefferson Duarte will be joining the Jones School as a visiting associate professor, filling the Gerald D. Hines Real Estate Professorship. He is also an associate professor of finance at the University of Washington. His current research projects include residential mortgage derivatives, credit spreads, and information asymmetry. He has worked as a visiting scholar with Freddie Mac in the Office of the Chief Economist and with IBMEC in Brazil, an associate at the fixed income pro-prietary trading desk of J.P. Morgan Chase, and a senior systems analyst with Credit Suisse First Boston. Professor Duarte earned his Ph.D. and MBA from the University of Chicago.
CommuniCAtions finAnCe mArketing strAtegy
around the Schoolaround the School
Jones Journal fall 2008 11
2008riCeBusinessPlAnComPetition:BAnneryeArforPrestigiousinternAtionAlContest
Cutting-edgeCompetitionThe Rice University Business Plan Competition,
in which students simulate the real-world process of
soliciting start-up funds for their business ideas, is the
largest and richest intercollegiate, graduate-level business
plan competition in the world. This year, more than
230 teams from around the world applied for the
competition, a dramatic increase from 75 applicants
in 2007. Of these, 36 were invited to participate in the
three-day competition held April 3-5, 2008 in Houston.
“We think these numbers say a lot about the quality
of teams we attract,” said Brad Burke, managing director
of the Rice Alliance. “They also demonstrate that this
competition has tremendous value beyond the realm
of academic endeavor.”
The contest is designed to assess new, independent
ventures — developed by students — with a company
in the seed, start-up, or early growth stages. Teams vied
in four categories: life sciences, sustainability, information
technology, and consumer goods and products. Winners
from each then battled for the grand prize.
richrewardsThis year’s prize money nearly doubled over last
year’s, to $675,000, as a result of increased sponsorship.
The grand prize winner received a package valued at up
to $325,000, including: a $125,000 equity investment from
The Goose Society of Texas; one of two new $100,000
prizes given by the Greater Houston Partnership’s
Opportunity HoustonSM; $20,000 in cash sponsored
by Shell and Kenda Capital; as well as $80,000 in
incubation, and other services.
The team of judges, which included more than
170 successful entrepreneurs, investors, and business
leaders, evaluated the teams as real-world entrepreneurs
soliciting start-up funds. The judges ranked the
presentations according to which company they would
be most likely to financially back. According to Burke,
76 percent said they are considering investing in a
company presented during the competition or referring
them to other investors.
PositionedforsuccessSince its inception, the Rice Business Plan Competition
has launched numerous successful enterprises, and 65
percent of the students who have participated since the
contest began in 2001 are still in business today.
“Through the mentoring and networking available
at the competition, 50 percent of last year’s competitors
have gone on to successfully launch their own companies,
raise funding, and build their businesses,” Burke said.
“We look forward to watching the future successes of
this year’s crop of competitors.”
Fortune Small Business, who for several years
hosted their own business plan competition,
co-sponsored the Rice Business Plan Competition
this year. An article in May print edition of the Fortune
Small Business, as well as online at CNNMoney.com,
generated a great deal of national and international
attention to the Rice competition.
Winner’sCircleThis year’s grand prize went to team “qcue” from
The University of Texas at Austin, a dynamic pricing
solution for concert promoters, sports teams, and
venues. Its software application transforms existing
box offices into electronic markets by implementing
elements of airline pricing and NASDAQ trading. This
provides dynamic pricing based on
market conditions, while hosting
a seamlessly integrated
secondary market.
As part of the prize
package, “qcue” CEO
Barry Kahn and
teammates rang the
NASDAQ closing
bell on Friday, June
13, 2008.
First place team “qcue”
from University of Texas
(from left): Andrew Mills,
Barry Kahn, and Jitendra Dalvi
First place team “qcue” rang the closing bell at the NASDAq stock market on June 13, 2008. Also pictured,
Rice Alliance Managing Director Brad Burke and Marketing Director Mary Lynn Fernau.
the 8th annual rice university Business plan competition, hosted by the rice alliance for technology and entrepreneurship and the Jones graduate school of management, soared to new heights with greater rewards, top-notch participants, and exciting money-making business plans.
around the SchoolRice alliancearound the School Rice alliance
Jones Journal fall 2008 13
2008fisCAlyeArgivinguPdAteWehadstronggrowthingivingtotheJonesschoolinthe2008fiscalyear:n Alumni participation in annual giving reached 20 percent
n Revenue in gifts and pledges totaled $12.84 million, an increase of
$4.56 million from 2007 fiscal year
n Outright cash gift portion of giving amounted to $4.7 million
2008giftdesignations
JonesfundThe Jones Fund’s significant growth over the past few years reached a record
of $410,590 in the 2008 fiscal year. More than half of the contributions raised
though the Jones Fund directly supported recruitment efforts and scholarships
for the Full-Time MBA students. This allows the Jones School to attract top
MBA candidates to our programs. Additionally, more than 30 percent of
the Jones Fund directly supported programs and resources for students in
all three programs including the Career Management Center and executive
coaching for students in the MBA for Executives program.
WhatdoesJonesfundsupport?
donnam.Platt AssistantDirectorofAnnualFundDonna M. Platt, the new assistant director
of the Jones Fund, has several years of
fundraising experience. Most recently, she
worked as executive director of Citizens’
Environmental Coalition. Her nonprofit
career also includes the Houston Zoo and
nearly a decade at KPFT, Pacifica Radio,
and HoustonPBS. Platt has a B.A. in
International Careers and Psychology
from Lehigh University and an M.P.A.
from the University of Houston.
ScholarshipProgramsRecruiting
12%
Facilities
7%
Other
47%16%
18%
ScholarshipProgramsRecruiting
12%
Facilities
7%
Other
47%16%
18%
*Please note that the “other” category includes gifts to the Undergraduate Business program, Rice Summer Business Institute, Jones Partners, M.A. Wright Fund, Pending Fund, and Rice Alliance
neWCorPorAteinvestorsProgrAmlAunChed
the Jones graduate school of management announces the launch of the Jones corporate investors. this new program gives companies greater opportunities to invest in and support the Jones school’s mission to develop innovative, principled thought leaders who change the world. in turn, corporate investors gain a strategic competitive advantage through their collaboration with a leading business school.
Corporateinvestorssupport:n Areas of Excellence (Energy, Healthcare, and Entrepreneurship)n Top-level faculty from the U.S. and around the worldn Recruitment of the best students from around the world through competitive scholarship packagesn The Dean’s top priorities: Innovative projects that distinguish the Jones School from other business schoolsn Focus on thought leadership in real estate, student-managed investment portfolios, and globalization
Corporateinvestorsbenefitfrom:n Access to students, faculty, and executivesn Insight into leading management research and knowledge exchangen Affiliation with the Jones School which provides a platform to build corporate brand awareness with students
JonesPArtnersOpening Doors to Partnership and Cutting-Edge Public Programming
When you become a Corporate Investor in the Jones School, you also become a
member of the Jones Partners.
The Jones Partners is a committed group of business professionals working to
open doors and increase collaboration between the Jesse H. Jones Graduate
School of Management and the Houston business community. Members
are provided a valuable opportunity to participate in a forum where senior
business leaders and leading academicians meet to address business practices
and trends, while interacting with Jones School faculty, deans, and fellow
business executives.
formoreinformation,contact:susannahB.tysorAssociate Director,
Corporate Relations
713.348.6403
39%
Rice Education Entrepreneurship Program
2%
Undesignated
5%
Building Fund
2%
Current Use Scholarship40% Endowed Funds
9%
Jones Fund
3%
Other*
39%
Rice Education Entrepreneurship Program
2%
Undesignated
5%
Building Fund
2%
Current Use Scholarship40% Endowed Funds
9%
Jones Fund
3%
Other*
around the SchoolGivinG to JoneSaround the School GivinG to JoneS
kevindenicola‘87 Jones Fund ChairThis year, we welcome our new Jones
Fund Chair T. Kevin DeNicola ‘87, who
will be leading our 2009 Annual Fund
campaign. DeNicola, new senior vice
president and CFO of KBR, Inc., is an
active member of the Jones School
community. In addition to serving as
the new chairman, he is an adjunct
professor of management at the Jones
School and has an endowed scholarship
in his name.
jonesgsm.rice.edu
Building China’s Future
Jones Journal fall 2008 15
Each treasure in Curt Lam’s collection
of 300 Qing Dynasty snuff bottles tells
a story. Crafted of metal or glass, or
carved of jade, wood, or amber, these
remarkable artifacts are embellished
with tales from Chinese history and
mythology. “This form of expression and
the diversity of materials used to make
these works of art embody all the
skills of Chinese art,” says Lam, ‘94.
“Carving, painting, enameling, everything.”
Lam, who grew up in Hong Kong, started collecting the bottles eight years
ago. Since that time, he has immersed himself in learning about the art form
by reading, talking to other collectors and dealers, and paging through auction
catalogs. “If you spend time on one particular thing, you learn about it very
quickly,” he says.
He takes a similar approach to business. Earlier this year, Lam, who is married
with two preschool-aged sons, took a job as CFO in a field that is completely new to
him: property development. Part of Hong Kong–based Shui On Group, Lam’s unit —
SOCAM Asset Management — specializes in developing distressed-property projects.
Building China’s Future Curt Lam ‘94 Learning on the Job
by Jenna Schnuer
CFO Curt Lam of SOCAM Asset Management of
Shui On Group in Hong Kong specializes in developing
distressed-property projects.
Lam in his office located in the Kowloon side.
Lam, an avid qing Dynasty snuff bottle collector, visits
his favorite antique shop.
jonesgsm.rice.edu Jones Journal fall 2008 17jonesgsm.rice.edu
Property development in China is a young industry compared
with much of the developed world, Lam says. And while it has
quickly gathered loads of players, some haven’t been able to keep
up with the financial demands this type of investment requires.
“Sometimes they run into financial difficulties, and the
development projects have to stop,” he says. “If a half-completed
building is sitting at city center, it becomes an eyesore. Somebody
has to resolve it. City governments are very eager to solve distressed-
property problems. We step in, take over those projects, finish
them up, and sell them.” Since the projects are already under
way, Lam’s group banks on a shorter development cycle and faster
asset turnover than from-scratch property development.
Skills at WorkClearly, on-the-job learning doesn’t scare Lam. “This new
position offered me good learning opportunities in a very large
and growing market. The job gives me the chance to learn about
the business fundamentals and the nuts and bolts of the industry,”
he says.
Lam says lessons from his Jones School years bubble up in
new ways as he moves into different phases of his career. Right
now, it’s the “softer skills” he learned that are helping him most.
In entrepreneurship classes, he recalls, “they taught you to
explore nontraditional approaches, to do things that, typically,
formally-educated people do not want to try. Especially in a
developing economy like China, you [shouldn’t] be bogged
down by any particular set of theories or thought processes. You
need to be agile and versatile, but at the same time you need to
be governed by high standards in terms of transparency, ethical
behavior, and engagement. These attributes ensure long-term
success, no matter where you operate.”
His ability to balance new ways of thinking with those
ethics and high standards will serve him well in his new role. Since
property development is still in its infancy in China, Lam says, the
regulatory and financing environment can be murky at times.
CFO Challenges SOCAM’s current project roster includes close to 54-million
square feet in gross-floor area. Though Lam says SOCAM is one
of the smaller property developers in China, he is bullish on
the future of his business, projecting revenue growth of more
than 100 percent annually by 2010. The group currently handles
projects in seven cities throughout China: Beijing, Shenyang,
Dalian, Chengdu, Guangzhou, Qingdao, and Chongqing. “China
is a big place, so we want to get things right in those core cities
before we look elsewhere,” he says.
But first, there’s a credit crunch to get through. When
it comes to property development, financing is the fuel
that runs it. “If we don’t get that, project development
stops, and that creates cash-flow and growth problems,”
says Lam. Because of a government-driven credit tightening,
securing financing has become something of a challenge
in China today. Afraid that the country’s
overheating economy would lead
to what Lam calls “an inflating
bubble that would burst down the
road,” the government implemented
restrictive measures in 2007 to rein
in the runaway growth in a number
of industries, including property
development.
Though the restrictions make for
a challenging time, Lam sees them as
a bitter, but necessary, pill. “I think it
will lead to more healthy and sustainable
growth in the future,” he says. But for
the time being, his focus is managing
the challenges and steering clear of
financial difficulties.
From Hong Kong, a Full CircleLam moved to the U.S. from Hong Kong after high school
to study accounting and business at San Diego State University.
Not long after graduating in 1992, he decided to pursue his
MBA, choosing the Jones School because of “the smallness of
the school and the rigor of the curriculum.” After receiving his
degree in 1994 — and turning down a job at an Enron subsidiary
— he moved to Los Angeles, where he worked at the Bank of
Tokyo–Mitsubishi in utilities banking and power project financing.
But in 1996, one year before sovereignty of Hong Kong was
restored to China, Lam moved back. “Hong Kong is definitely
home to me,” he says. “It was a very uncertain time, but a very
exciting time for me, as well.” He stuck with investment banking
for eight more years, until a chance meeting led to a three-year
stint as the head of corporate finance and business development
for GOME Electrical Appliances Holdings Limited, China’s
largest electronics retailer.
Lam met the company’s chairman (at that time, the richest
man in China), Wong Kwong Yu. Since the family-owned business
had just gone public, Wong asked the investment banker to leave
the world he had known for a decade, not only to help grow
the business through capital market transactions and mergers
and acquisitions, but also to improve corporate transparency,
management disclosure levels, and the infrastructure. The
already massive company was growing at 50–60 percent per year.
“At that time, it was particularly important, since GOME had just
been listed on the Hong Kong Stock Exchange,” Lam says. “We
had to face international shareholders, business partners, and
international capital markets, where we had to better things in
order to achieve a reputable standing and the right valuation for
the company.”
At GOME, Lam found himself calling on lessons he had
learned in his business ethics classes — classes that he believes
were ahead of the curve, surpassing what most business schools
offered back in the early 1990s. One of the topics that leaped
from the classroom to his work life was how to treat stakeholders
in a public company.
Now that he has unplugged from the world of electronics,
Lam’s passion for new challenges is in full force. His desire
to keep learning and pushing himself has already produced a
career that, like his collection of snuff bottles, is built on variety
and stories collected from China and beyond. What’s next for
Lam? That story has yet to be carved out.
Property development is a very big factor in China. It is driven by the
rapid growth in the number of households moving to cities every year,
the swelling of the middle class, and the increasing purchasing power
of people wishing to upgrade their living standards.”
“
Curt Lam at the Shui On Centre
in Hong Kong
jonesgsm.rice.edu Jones Journal fall 2008 19jonesgsm.rice.edu
Taking Stock in Hong Kong
As ChinA’s eConomy ChAnges, henry KAi ho yeung ‘96 hAs A role in the trAnsformAtion
By Chris Warren
There are students who enjoy studying
finance, and then there’s Henry
Kai Ho Yeung. Yeung, who grew up
in Hong Kong and earned a B.A. in
accounting at Hong Kong Polytechnic
University, first arrived at the Jones
School in 1994. He was eager to deepen
his understanding of finance. Really
eager. For Yeung, a self-described
mathematics guy and number cruncher,
that meant going well beyond what
was required in the curriculum.
Henry Yeung in Hong Kong’s Central
Financial District
jonesgsm.rice.edu Jones Journal fall 2008 21jonesgsm.rice.edu
“We were required to take only six courses, but at that time,
I sat in on three other finance courses,” he says. “The professors
were so interesting and professional, I audited the other courses.”
Since graduating from the Jones School, Yeung has pursued that
interest, working exclusively in corporate finance. He’s held a
series of positions at Hong Kong-based financial services companies
and currently serves as managing director of Hai Tong Capital,
one of the first securities houses in the People’s Republic of China,
and now one of the world’s largest.
factor in its overall economic success. However, Yeung, whose
work involves preparing companies for an initial public
offering, is quick to point out that there are some significant
differences in how public markets in the U.S. operate versus the
way the Hong Kong Stock Exchange functions. For instance,
unlike the case with U.S. exchanges, companies hoping to get a
listing on the Hong Kong exchange must first find a sponsor.
That is where Yeung’s firm, Hai Tong Capital, comes in. “If
a company wants to list on the Hong Kong Stock Exchange, it
needs to find a sponsor to make the application,” he says. Yeung
primarily works with the stock exchange itself, serving as a filter
to ensure that prospective companies meet all requirements for
listing, including sufficient profits and management continuity.
Not just anybody can vet companies that want to raise money
on the Hong Kong Stock Exchange. Yeung received his license
to act as a sponsor from Hong Kong’s Securities and Futures
Commission in 2007.
While this sponsorship system — which Yeung says is a
holdover from the days when Hong Kong was still a British colony
— does make the listing process somewhat different from that
in the U.S., Yeung says the basic work his firm does would be
recognizable to anyone working at an American investment
bank. “We have two roles,” says Yeung, who worked for China’s
other large securities company, Guotai Junan Capital, before he
joined Hai Tong. “The first one is to prepare the company for
listing, and the second is to help the company sell its shares.”
A Different sceneDuring the course of his career, Yeung has noticed an evolution
in the types of Chinese companies coming to Hong Kong to
raise money. In the mid-to-late 1990s, he says, most of the
companies were large, state-owned enterprises. Yeung says that
working with such massive, government-controlled businesses
presents significant challenges when it comes to preparing them
for a potential listing on the stock exchange. For one thing,
because of the size of the company, Yeung says he needs to build
a team that can handle the volume of work. “If you are working
with a privately-owned enterprise, you can have a team of three
and be able to handle the job,” he says. “But if you are working
with a large state-owned company you may need up to 100
people. That is a challenge as a manager.”
While he still works with plenty of state-owned enterprises,
Yeung says that in early 2000, as a result of changes in Chinese
government policy, more privately-owned companies began
forming and approaching the securities markets in order to
raise money. The influx of private companies into Hong Kong
was also fueled by the introduction of the Growth Enterprise
Market (GEM) in Hong Kong. “It’s a complement to the
Main Board of the Hong Kong Stock Exchange, and it allows
companies without a profit track record to be listed in Hong
Kong,” he says.
Building a track recordPreparing companies to list their shares and then selling
them is a job Yeung has become quite adept at during his career
— he held a series of increasingly influential roles at a variety of
financial services companies before joining Hai Tong Capital.
Yeung credits the well-rounded business education he
received at the Jones School for preparing him to succeed in the
investment banking industry. “For the everyday work here, you
must have accounting basics and some marketing knowledge,
because you need to sell the shares,” he says. “But it’s not just
number crunching.” He says Rice taught him the interpersonal
and communication skills that are essential to a manager. “You
must have some teamwork skills because you have to do the due
diligence on companies before they list, and you need to be able
to discuss with team members what work needs to be done. You
also must have strong communication skills to report your case
to the stock exchange and advise them on the suitability of a
company’s listing.”
Among the professors at the Jones School who had a real
impact on Yeung were Jeff Fleming, Doug Schuler, and Barbara
Ostdiek. Simply living in the U.S. was also a valuable experience for
Yeung, who is a lifelong resident of Hong Kong. The transition
to Houston was relatively seamless, both because the weather
in the two cities is similar and because he had a host family that
helped him to acclimate. Now married, Yeung travels extensively
with his wife, making yearly trips to Japan and frequent visits to
Europe and the U.S.
Yeung is convinced that the experiences he received inside
and outside the classroom have helped him succeed in what is
Henry Yeung credits the well-
rounded business education he
received at the Jones School for
preparing him to succeed in the
investment banking industry.
suddenly skylinesIn the positions Yeung has held since leaving Rice, he has
had a front-row seat from which to witness the remarkable
transformation of the once centrally-controlled Chinese
economy, and, in particular, the development of the country’s
fledgling capital markets. On virtually every level, he says, the
metamorphosis has been profound and unmistakable. As just
one sign of the change, Yeung points out how entire skylines
have been created all across China in a relatively short period
of time. “It’s not only in Beijing and Shanghai,” says Yeung, who
travels to mainland China at least twice a month to visit clients.
“Other major cities, like Shenzhen and Guangzhou, have become
rich, and they’re willing to spend to make great buildings.”
Although not nearly as obvious as the physical structures
that have been sprouting up across China, the quick development
of the country’s capital markets — which enable companies to
raise money for growth and development — have been a key
Henry Yeung in Hong Kong’s
Central Financial District
Henry Yeung is managing director of one of the world’s largest securities
houses, Hai Tong Capital located in Hong Kong.
an exceedingly competitive field. “If I didn’t have that kind of
training, then I couldn’t have climbed up the ladder.”
For now, Yeung is content with his current role and says
he is looking to stack up as many accomplishments as possible
for Hai Tong Capital. “My priority is to build a team, do some
advisory work, and build a track record,” he says. And with his
knowledge of finance, no one understands better than Yeung
how his role at Hai Tong Capital plays into the larger scenario of
China’s changing economy.
jonesgsm.rice.edu Jones Journal fall 2008 23
BlAzingtrAilsby Kathleen Carr
For the fourth time, angel investor
Henry Tsang took part in the Hong
Kong Oxfam Trailwalker, a strenuous
fundraising event that takes hikers over
100 kilometers spanning 20 mountains
and hills. Tsang’s team finished in 25
hours, putting them very close to the
top 10 percent of competitors. This year,
he’s training hard to help his team come
in under 20 hours. “The vigorous training
is an interesting aspect,” he says. “Being
out in nature is also part of it. I spend
a lot of time hiking. We can walk
10 minutes from our house to
get to a trail.”
Henry Tsang ‘80 Banks on Investment and Beyond
After 28 years in investment banking,
alumnus Henry Tsang finds his second
career as an angel investor at Jigs Unlimited,
a wood furniture factory in Shenzhen.
jonesgsm.rice.edu Jones Journal fall 2008 25
looking back, Tsang says it’s almost as if he just stumbled into the international financial marketplace.
Catching the early WavesBorn and raised in Hong Kong, Tsang came to U.S.
to attend college. He graduated magna cum laude with
a bachelor’s degree in chemical engineering from the
University of Houston and from there, he went straight
to the Jones School. After completing his MBA, Tsang
was one of five people from around the world recruited
by Merrill Lynch for an 18-month training program to
prepare international managers.
Looking back, he says it’s almost as if he just
stumbled into the international financial marketplace.
“I would characterize my career as being well blessed
for having been at the right place at the right time,
particularly in catching the China economic reform
wave in the early 1990s.”
Before his career path returned him to his native
Hong Kong, Tsang spent seven years in Merrill Lynch’s
London office. He was a firsthand witness to, and a
participant in, a dramatically changing marketplace in
the 1980s after the United Kingdom’s financial markets
suddenly opened up (an event known in the finance
world as the “Big Bang”).
leading the Way Tsang’s experience in Europe turned out to be
tremendous preparation for the conditions he encountered
when he returned to Hong Kong on the front end of
the unprecedented economic reform that Asia has
seen in the past 20 years. Tsang helped Merrill Lynch
carve out a niche in the region’s emerging economies
and quickly became known as a leader for his ability
to execute complicated privatization transactions in
China. He also developed a reputation as a builder of
top investment banking teams.
Tsang played an important role in some early
landmark transactions, including the first major Chinese
international IPO, for Shanghai Petrochemical, in
1993. “I remember that we debated whether and how
to do pro forma accounts to make the 1992, 1991, and
1990 accounts more comparable. Before 1992, there
were price controls and volume quotas in place in what
was still almost entirely a centrally planned economy,”
says Tsang. “What I learned in my Advanced Account-
ing course with Professor [Stephen] Zeff at Rice proved
to be very helpful.”
Bullish Times at BearFollowing his 16 years with Merrill Lynch, Tsang
spent about 11 years in senior positions with Bear Stearns
and also had a brief stint with a private equity firm.
When he took the reins as president of Bear Stearns
Asia Limited in 2005, he helped with the company’s
efforts to rebuild its presence in Asia when the region’s
markets began to take off following several challenging
A hard-charging, competitive atmosphere is
one similarity Tsang has found between his
past career and his hobby. Navigating new
and sometimes difficult terrain is another.
Before finding a second career at an angel
investor at Jigs Unlimited, Henry Tsang enjoyed
a distinguished career in finance as one of
the most respected and longest-serving
investment bankers in Asia.
years. “The markets were super bullish,” says Tsang.
“Everyone wanted to double and triple their size in
Asia. But sadly, the market began to turn a year ago,
and Bear Stearns had to be sold shortly after I retired
late last year.”
Despite all the big deals he’s helped close during his
career, Tsang says what he is most proud of is the people he
has had the opportunity to mentor. “Many of my former
teammates have moved on to top firms in Asia to become
successful senior investment bankers, private equity
professionals, and hedge fund managers,” he says.
second CareerAfter almost 28 years in investment banking, by
late 2007, Tsang felt it was time for a change. Fortunately, as
an angel investor in Jigs Limited, a high-end furniture
business owned by a friend, he had a second career
waiting for him. “The business grew rapidly, and I
would always talk about what else we needed to do,”
says Tsang. “My friend urged me to come and do it
myself, with him, and the timing was right.”
Since the company is multinational, Tsang is putting
his cross-border business skills to good use. He’s also
enjoying the close-knit, entrepreneurial culture.
Culture is important to Tsang, and the business
cultures he has enjoyed the most have reminded him
of his days at the Jones School. “I think Rice has a very
unique culture that other schools don’t offer. It’s a very
personable type of school where professors bond with
the students, and the class gets on very well together.”
Tsang says he felt like part of a family at Rice, and
he exhibits an ongoing loyalty and connection to this
family. “The school has my support because I truly
enjoyed my time there, and I want to see this kind
of nurturing environment continue. I encourage the
students there now to make the most of it.”
Henry Tsang at Jigs Unlimited, a wood furniture factory in Shenzhen
jonesgsm.rice.edu
Haiyang Li and Anthea Zhang explore how community affects business success By Karen M. Kroll
Good NeiGhbors, Good busiNess
It has been well known that Silicon Valley is a
hotbed of technology innovation and London
a global financial hub. Why have other cities and
regions fallen well short of achieving the same
iconic status? New research by Yan (Anthea)
Zhang, associate professor of management,
along with her husband and research partner,
Haiyang Li, also an associate professor of
management, sought to explain why the
communities have varying growth rates.
Jones Journal fall 2008 27
Associate Professors of Management Haiyang Li and Anthea (Yan) Zhang at Nanchizi nearby Tiananmen Square in Beijing
In the ZoneDuring the 1980s, the Chinese government began funding and developing
technology zones (clusters) across the country, with the objectives of encouraging
entrepreneurship and fostering China’s technological capabilities. Each zone
contains several groups of technology firms, organized by the governmental
policies and regulations. Industries located within the zones included electronic
information, integrated optical and advanced manufacturing, biotech and
pharmaceuticals, new materials, new energy, and ocean technology, among others.
Driving Li and Zhang’s research was the discovery that, while the
technology zones shared a common organizational model, growth rates among
them varied dramatically. Case in point: in 1991 the government established
both the Shanghai Zone and the Taiyuan Zone in Shanxi province. By 2000, the
firms in the Shanghai Zone were generating about 75 billion renminbi (RMB)
in total revenues annually, while the companies in the Taiyuan Zone were
ringing up about one-tenth that amount. “We were interested in finding out
why they had such dramatically different growth rates,” says Zhang. “That was
our starting point.”
around the Schoolaround the School
jonesgsm.rice.edu
around the Schoolaround the School
Dissecting Growth Numerous studies and books have focused on the most
effective ways to foster a corporate culture of success. However,
a paucity of research exists on the ways in which communities
(i.e., clusters) of businesses, such as those located within a
metropolitan area or an industrial park, can thrive.
Li and Zhang started by examining all of the 53 national
technology development communities that have ever been
founded in China, they theorized that three dimensions of the
communities’ interdependence would be
critical to the differing growth rates. The first
dimension, regional community density, refers
to the number of communities within any
specific province. The technology zones were
not evenly distributed across China; several
sparsely populated provinces have just one,
while other provinces have six. The professors
hypothesized that greater density would boost
the growth rates of the communities, as it would
raise the region’s ability to attract attention
from prospective entrepreneurs, investors,
workers, and the like.
The second dimension involved the
distance between each community. Zhang
and Li posited that greater proximity
between communities would enhance growth
by fostering the exchange of information and
knowledge between communities and raising each one’s profile.
Finally, the team looked at industry
or domain overlap, analyzing the degree to which the firms
in one community competed in the same markets or used the
same technology as firms in neighboring communities. Li and
Zhang theorized that some industry overlap between communities
would enhance information and knowledge flows and raise
these communities’ profiles, benefiting each.
Research Findings Li and Zhang’s analysis clearly shows that the success of
one technology community is tied to its relationships with
those around it. “All three dimensions show a consistent
theoretical story,” Li says, “Our findings suggests that knowledge
and resources may flow among clusters, which create both
mutualism and competition among clusters.”
In terms of mutualism, as the number of communities in
a region grows, the region draws greater attention from key
external audiences like investors and workers. Consequently,
the presence of multiple technology communities in a region
can enhance the region’s capacity for technology development
and thus benefit all communities located in the region.
However, an excess of any of the three dimensions
would elicit greater competition. That is, a greater density
of communities within any specific province would force
communities to compete for the same pool of resources.
Greater proximity between communities would also create
a similar fate as would excessive industry overlap.
These findings are important for executives and entrepreneurs
who are deciding where to locate their facilities. They need
to consider not only the attributes of a particular technology
community, but also its relationships with neighboring
clusters. “You can’t look at clusters in isolation,” says Zhang.
“There are intercluster relationships.”
Of course, the duo’s research also offers value to city and
regional planners who would like to establish industrial or
“We were interested in finding out why some
communities had such dramatically different
growth rates.”
business parks. The mix of industries within clusters, as well as
their location relative to each other, can affect just how
successful each cluster will be.
Zhang and Li’s research study entitled, “Inter-Community
Relationships and Community Growth in China’s High
Technology Industries 1988–2000,” will be published in
the Strategic Management Journal. Professor Claudia Bird
Schoonhoven at the University of California, Irvine is the third
author of this article.
Charting Change in ChinaIn addition to studying communities’ affect on business, Li and Zhang
possess keen insight into China’s business environment and culture and are
particularly knowledgeable about some of the changes currently taking place
within the country.
For starters, wage rates are rising within China’s easternmost cities and
regions. As a result, executives looking for low-cost labor increasingly are moving
inland or to other Southeast Asian countries, where rates still tend to be lower.
Another significant shift is the growing size and strength of the Chinese
market itself. The country’s economy, which has boasted growth
rates between 7 and 13 percent since the early 1990s, has fostered
a robust local market and an expanding middle class.
This multifaceted growth is changing companies’ behavior
in several ways. More companies are tapping local management
talent, rather than expatriates, to run their Chinese operations,
particularly the sales organizations. After all, many of these
local talents have earned degrees in the West and worked in
multinational companies, and are well versed in leading-edge
management practices. Equally important, they bring an intimate
understanding of the Chinese marketplace. “Domestic familiarity
is key,” Zhang says.
Even as the Chinese market booms, the economy remains
in transition from a planned structure to a market structure,
Li notes. Executives doing business in the country need to
understand and work within both. That means identifying their
strengths and weaknesses, and formulating and executing strategy
for the marketplace, while also developing their ability to work
effectively with the government.
This is becoming increasingly critical as firms practicing business in China
are competing not only with other multinational firms, but also with educated,
experienced Chinese entrepreneurs. “The technological and managerial gap is
narrowing between the Chinese and Americans,” Zhang says.
Moreover, Chinese executives and business owners are strongly motivated
to eliminate this gap. “Even if you can compete in the U.S. against a Chinese
company, that doesn’t mean you can compete in China against a Chinese
company,” Li says. “Domestic firms do have a certain level of advantage in their
home market.”
Jones Journal fall 2008 29
jonesgsm.rice.edu
Jones graduate student alumni association 2008-09 officers and Board members
PresidentErich Bell ‘03assistant controller Quantum energy partners
President ElectBob Parkey ‘88 president & ceoico, inc.
Board members:
Mike Andries ‘02 (past president)principal consultantmaBc llc
Landy Haile ‘03 triad real estate consulting group, llc
Joe Branch ‘04sr. manager, international marketing partnershipsNational Basketball association
Lisa Kudchadker-Gordon ‘02 materials managerBp
David Case ‘05associateJp morgan chase
Priscilla Plumb ‘01 directorhewlett-packard company
Francisco Castro ‘02ceoaliant capital s.a. de c.v.
Julie Davidson ‘04consultantcogent compensation partners, inc.
Mark Courtney ‘94directorcima energy, ltd
Nkem Ogbechie ‘03 cappello capital corporation
Ted Dimitry ‘02 directorgem insurance agencies, l.p.
Kathryn Young ‘04vice president, operationssirius solutions
Kelly Enos ‘84cfoequaterra
Jack Ledford ‘02project managerkBr, inc.
Carolyn Galfione ‘97 financial advisor & cfolinscomb and williams
Doreen Stoller ‘91executive directorhermann park conservancy
deArfelloWAlumni,
my name is erich Bell, and it is an honor to serve as the 2008 Jones
graduate school alumni association (Jgsaa) president. as a 2003
graduate of the rice mBa program and Jgsaa Board member since
2004, i look forward to helping the Jones school continue on its path
toward becoming one of the country’s premier business schools.
i want to welcome all of our new alumni and, in particular, the inaugural
graduates of the mBa for professionals program.
Facilitating networking opportunities for the Jones School alumni community is a priority. The
Jones Alumni website provides a comprehensive list of networking opportunities and resources
that are available. We have already developed a new alumni database and encourage you to update
your contact information online at www.JonesAlumni.com, as well as visit the new Jones School
group on LinkedIn.com, which already has more than 500 members. All of our alumni are
invited to MBA Council of Houston events and may also join the Jones Partners (the school’s
corporate affiliates program). Please also plan to join us on November 7-8 for Homecoming
Weekend at the Jones School.
Check out the “Get Involved” section (pages 36-37) in the Jones Journal. You will see that we
are placing a stronger emphasis on creating opportunities for interaction between alumni and
current students including the new Jones Alumni Volunteers for Admission (JAVA) program, alumni
mentorship (working with our second-year students), and off-campus student-alumni lunches.
Along with these new initiatives and an increased focus on networking and student interaction,
we continue to offer ample opportunities for continuing education and career development. In
March 2009, the Alumni College Weekend will include a strong business track and, as always,
there will be numerous chances to attend both the Dean’s and Executive Lecture series. You are
also invited to attend any of the Alumni Resources tour stops to learn how Rice’s Career Management
Center can provide life-long career services.
In closing, I want to thank our departing board members, Crystal Maxwell, Rob Lesnick,
Ray Bowen and, especially, David Van Horn and Chris Burkard who have both served more
than seven years. The contributions of all these individuals have made an invaluable impact on
the Jones School.
I look forward to another great year and expect it to be an exciting time for both students
and alumni. If you have any ideas or suggestions, please contact me, Alumni Associate Director
Shaheen Ladhani, or any board member. And be sure to visit www.JonesAlumni.com for an
up-to-date calendar of activities. There is no question that your participation strengthens the
Rice MBA reputation and ensures the success of the Jones School.
erich Bell ‘03President, JGSAA
“Andthey’reoff”Money.CNN.com, April 15, 2008
FORTUNE Small Business – June issue
The end of ticket scalpers? Ultimate ski
jackets? Storage for your neural stem
cells? Meet the 36 semifinalists of the
prestigious Rice Alliance Business Plan
Competition who took home more than
$675,000 in cash and prizes.
10thingsyourAirlineWon’ttellyouYahoo! Finance, April 28, 2008
Associate Professor of Management Shannon
Anderson is quoted on a report of internal
practices of the airline industry.
young,AndreAdytoleAdHouston Chronicle, May 26, 2008
The new Rice Education Entrepreneurship
Program, a compelling new program
aiming to equip current and future K-12
school leaders with leadership abilities and
management skills, is mentioned in an
article about the youngest principal in the
Houston Independent School District.
kBrnAmest.kevindeniColAAsChieffinAnCiAloffiCerForbes.com, June 18, 2008
An article reports that alumnus Kevin
DeNicola ‘87 has been appointed CFO
for military and engineering contractor
KBR Inc.
neWlendingstrAtegyComBinesAuCtion,soCiAlnetWorking,BAnkKRIV-TV, June 20, 2008
Peer-to-peer lending websites tend to
focus less on the gender and race of ap-
plicants than standard practices accord-
ing to a new study by Paul Dholakia, the
William S. Mackey, Jr. and Verne F. Simons
Distinguished associate professor of man-
agement.
kidsexPAndingBusinesshorizonsKUHF-FM, June 23, 2008
Jill Foote, lecturer of management,
is quoted in a story on the Rice Summer
Media MentionS This is a partial listing of the Jones School community appearances in the media. For a more detailed report of international, national, and local media coverage, please visit our website at: www.jonesgsm.rice.edu/news.
inmiCrofinAnCe,ClientsmustComefirstStanford Social Innovation Review,
Winter 2008
Distinguished Research Professor Marc
Epstein, who coauthored this article, maps
out a clear theory of change for microfinance.
If the goal of microfinance is to alleviate
poverty, then institutions should focus
on helping their clients build successful
enterprises.
rAinmAnorPiedPiPer?Academy of Management Perspectives,
February 2008
Dean Bill Glick offers ways to move
business schools beyond media rankings:
through mass customization and stakeholder
education.
AsAlesPitChdonein60seCondsNational Public Radio, March 29, 2008
Rice MBA Ali Abbassi ‘08, a competitor in
the Rice Alliance’s Business Plan Competition,
talks about crafting a 60-second pitch to
potential investors.
therightWAytomAnAgeunProfitABleCustomersHarvard Business Review, April 2008
Don’t just drop customers that cost you
money. Co-author Vikas Mittal, the J.
Hugh Liedtke professor of management-
marketing, talks about how firms
should treat unprofitable customers.
Additives,AllergiesAndAdhd:is thereAConneCtion? Good Morning America, June 23, 2008
Alumna Robyn O’Brien ‘98 is spotlighted as a leader in the movement to raise awareness
of allergens in food.
Business Institute, a program that
introduces Houston’s low- and
moderate-income high school students
to the world of business and finance.
studyshoWsCeosstruggleforsurvivAlfirstthreeyeArsHouston Business Journal, June 27, 2008
Research by Yan Zhang, associate professor
of management, gives answers to why
more CEOs are leaving their jobs earlier
than expected.
totheWinnerAChAnCeofstArdomFinancial Times, June 30, 2008
Struggling to get in front of angel investors
and venture capitalists? Business plan contests
are turning out to be a promising way to
pitch and raise seed capital. Brad Burke,
director of the Rice Alliance, is quoted in
an article that featured the Rice Business
Plan Competition.
BusinessstudentsseeoPPortunityineConomyHouston Chronicle, Aug. 27, 2008
Jeff Fleming, professor of finance and
associate dean of academic affairs, and
Jones students Brian Appel ‘09, Jason
Assir ‘10, and Pascal Enohnyaket ‘09
were quoted in an article about the
current business school climate.
BusinessisBoomingHouston Chronicle, Sept. 6, 2008
Jones School Dean Bill Glick is quoted in
an article on the influx of international
students at Houston’s business schools.
hurriCAneike:the$6Billionstorm?Time Magazine, Sept. 20, 2008Hurricane Ike has had a dramatic economic impact across the U.S. from Texas to Kentucky, but Adjunct Professor Leo Linbeck III, says “I’d rather be in Houston right now than Wall Street.” This Associated Press article appeared in more than 50 publications.
jonesgsm.rice.edu Jones Journal fall 2008 35
1970s/1980sRick Reinhard (‘82) is the principal consultant with
the Niagara Consulting Group.
Carol Shattuck (‘82) is president of the Houston nonprofit
organization Collaborative for Children.
Greg Deitch (‘83) is vice president and partner at Trabon
Solutions in Kansas City, Missouri. Greg joined the
company in 2001 as director of strategic business consulting.
Tom Bacon (‘84) is founding partner and CEO of The
Lionstone Group, a privately-owned real estate investment
firm founded in 2001.
Flint Brenton (‘84) has been president and CEO of
TIDAL Software, Inc., one of the top-ranked enterprise
job scheduling companies, since 2003. Flint also is on
the TIDAL board of directors.
Michael A. Kane (‘84) is a managing director at Caltius
Mezzanine, a provider of capital solutions to middle
market companies throughout North America.
Michael McEachern, CFA (‘84) is head of the High
Yield Group and senior high yield portfolio manager
for Seix Investment Advisors LLC in New Jersey.
Abhay Padgaonkar (‘84) is principal of Innovative
Solutions Consulting, LLC.
Mark Coffey (‘85) is president of ShoreBank Pacific,
the first commercial bank in the U.S. committed to
environmentally sustainable community development.
Charles Griffey (‘85) is senior vice president of regulatory
affairs for Reliant Energy, Inc.
Brian Hocker (‘86) is vice president for Programming,
Research and Digital Media, for NBC’s KXAS, Channel
5, in Dallas/Fort Worth.
jonesgsm.rice.edu
Class noteS
Emel Kahya (‘86), one of two students awarded a doctorate
degree from the Jones School, is an associate professor of
Accounting at the Rutgers School of Business – Camden.
Achilles Macris (‘86) is the international CIO for financial
services firm J.P. Morgan.
Ward Polzin, CFA (‘86) serves as a managing director
in Investment Banking at Tudor, Pickering, Holt & Co.,
LLC headquartered in Houston.
Kevin Uebelein (‘86) was recently named the new
president and CEO of Pyramis Global Advisors head-
quartered in Boston.
T. Kevin DeNicola (‘87) is the new CFO of military
and engineering contractor KBR. He also is an adjunct
professor for the Jones School.
1990s1 Heather Carroll (‘95) married Jon Berglund on April
26, 2008 in Playa Del Carmen, Mexico and will honey-
moon in Australia this fall. Allan Brown (‘95) attended the
ceremony. Heather is still working at MasterCard and Jon
works for Applied Medical.
Kelly L. Brcka (‘98) is the president and founder of
Chain of Events, an event planning company for corporate
and social events and weddings.
Cavan C. Carlton (‘98) serves as the senior vice president
and general manager for the U.S. and international
divisions of Detechtion Technologies, based in Virginia.
R. Marc Carroll (‘98) currently serves as vice president and
CFO of Black Stone Minerals, which is located in Houston.
Katherine Dodds (‘98) has been at Aux Sable Liquid
Products Inc. since 1999. She is the vice president and
general counsel and is also acting general counsel for
Aux Sable Canada Ltd.
Daniel East (‘98) is senior vice president, M&A and
Treasurer, of KGen Power Corporation.
Roger Haston (‘98) joined as COO of Ascend Geo, LLC,
which designs and develops cable-free land
.seismic acquisition systems.
Joseph Hoepfl (‘98) cofounded Parks Paton Hoepfl &
Brown to provide financial advisory expertise to the
energy industry.
2000sAlexia (Pearce) Dauterive (‘00) and her husband, Eddie,
are expecting twins in December 2008. They already have
a two-year-old daughter, Olivia. Alexia is currently work-
ing from home as a CPA and is the controller/CFO of a
startup geothermal energy company.
Kathryn Pavlovsky (‘00) recently accepted partnership
with Deloitte. Kathryn serves as a principal in Deloitte
Financial Advisory Services LLP based in Houston and
leads Deloitte’s Corporate Responsibility & Sustainability
practice nationally.
2 Richard Brusselback (‘02) and Katie Biggs Brusselback
(‘04) proudly announce the birth of their daughter
Mary Armistead Brusselback, born Oct. 16, 2007.
Currently, Katie is associate product manager, Retirement
Plans, for OppenheimerFunds, Inc.
3 Ted Dimitry (‘02) would like to announce the birth of
his son, Theodore Maxwell David Dimitry, born May 27,
2008 at 5:35 p.m. He weighed 8 lb and 15.3 oz and was 20
in. long. Ted is currently a marketing manager, Energy &
Marine, for GEM Insurance Agencies, L.P. in Houston.
4 Lisa Kudchadker Gordon (‘02) married Aaron Gordon
in October of 2007. She currently works at BP in the
Gulf of Mexico Materials Management, Dispositions.
5 Kirby Brendsel (‘03) celebrated his five-year anniversary
with Deloitte Consulting and has been extended an
extra year in Deloitte’s exclusive Energy & Resources
Industry Management Development Program in the
D.C. area. While he and his family miss their friends
in Houston, they are enjoying their time on the East
Coast. He recently linked up with John Roe (‘01) who
is currently working in Maryland.
Oscar Gurdian (‘03) is the real estate finance director
of Flagler Development in Miami.
Michael Landy Haile (‘03) is a director with Triad Real
Estate Consulting Group, LLC.
Todd Monette (‘03) is general manager at the largest U.S.
refinery Motiva Enterprises LLC in Port Arthur, Texas.
6 Liz Philips (‘03) and husband Todd celebrated the
birth of their son, Sutton Kane Philips, on Feb. 5, 2008.
He was welcomed home by big brother Grey in San
Diego, CA.
7 Rafael Gerlein (‘04) shares a photo of his
first son, Alejandro Gerlein, born on
Oct. 1, 2007.
Julie O. Griffith (‘04), owner of
j.griffith Public Relations, a boutique
PR, publicity, and marketing firm
based in Houston, was recently
made a media partner with CNN as
part of the CNN “Black In America”
national grassroots marketing team. In
addition, her firm won the contracts for
Finesse Mitchell and the new Memorial
Hermann Medical Center Tower.
8 Justin Hopkins (‘04) and his wife Kara proudly
announce the birth of their son, Reid Hudson Hopkins
1
2 3 6
4
Jones Journal fall 2008 33
7 8
Class noteS
5
jonesgsm.rice.edu Jones Journal fall 2008 37
the Jones school alumni
community’s sustained
involvement and visibility
at the school is critical
to the success of the
institution. additionally,
our success as a business
school hinges upon services and benefits that
we provide to alumni for life.
in an effort to foster this relationship
between the Jones school and our alumni
community, we have listed several Alumni
Resources that are now available to each of you.
so far, we have conducted two formal events
to roll out and explain these resources in more
detail, one in New york on June 11th and the
other in houston on July 23rd. Both events were
very well attended, and we have received plenty
of positive feedback. details on these resources
are also available at www.Jonesalumni.com.
if there are specific resources that are not
listed, but that you would like to see made
available, please contact [email protected].
this is an ever-evolving list of services designed
to benefit you — so please share your thoughts
with me.
shaheen ladhani
Associate Director, Alumni Relations
AlumniR E S O u R C E S
Alumni Career ServicesLifelong career support for alumni throughout their careers; confidential
access to job postings as well as avenues to recruit top caliber students at
the Jones School
Lifelong LearningDiscounts on Executive Education open enrollment programs; custom
programs for your company; class audit opportunities; lecture series
events; March 2009 “Alumni College” weekend featuring a Business Track
Online Networking ResourcesAll-new JGSM Alumni Directory
Official JGSM groups on LinkedIn.com and Facebook.com
See www.JonesAlumni.com for directions to join these online networks
Networking Opportunities:Rice Business Network (RBN): Connect with fellow Rice alumni for a
monthly networking lunch. Share business referrals and career opportunities
while growing your network with the Rice alumni in the Houston area.
Corporate Investors: Talk to your company today about the networking
opportunities and other benefits of joining the Corporate Investors annual
membership program.
Jones Partners: Join the Jones Partners as an individual member and
network with professionals committed to opening doors between the Jones
School and the Houston business community.
Jones Alumni Real Estate Club: An all-new club for Jones alumni who
are interested in building their network in the real estate community via
monthly happy hours and other events.
MBA Council of Houston events: JGSM is a member institution of the
MBA Council; therefore, all alumni are invited to Council programming
events. Network with other MBAs in the area from member institutions
that include HBS, Wharton, MIT, Texas, Tulane, Kellogg, and others.
Wharton/MBA Council Deal Flow Lunches: Exchange business referrals
and grow your business. Whether you are an entrepreneur or not, benefit
from broadening your list of contacts with MBA alumni from top-tier
business schools.
Details on these networking opportunities are available at www.JonesAlumni.com
born 8 lb and 12 oz on Nov. 8, 2007 in Houston. The
family recently moved to Bangkok, Thailand where
Justin is working for Chevron’s Asia South Business
Unit as the SCM business manager.
Christopher “Kyle” Johnston (‘04) and his wife,
Virginia, had their first child, James “Milo” Johnston,
on July 7, 2008. In May, Kyle graduated from Tulane
Law School with magna cum laude honors, and served
as managing editor of the Tulane Law Review and
senior justice on the Tulane Moot Court board. He
has accepted a position with Fenwick & West, LLP
in Silicon Valley.
Nat Kreamer (‘04) started SunRun, a California
company pioneering in distributed residential power
generation, residential solar service, and, now 18
months later, the fifth largest and fastest growing
residential solar company in the U.S.
9 Brian T. Kuck (‘04) and his wife, Lamandra, are
proud to announce the birth of Adelaide Knox Kuck
on June 9, 2008. She weighed 8 lb, 9 oz, and was 22
in. long. Big sister Margaret welcomed her home. The
family recently moved from Houston to Denver, where
Brian accepted a position as the reserves and planning
manager for the Rocky Mountain division of Anadarko
Petroleum.
10 Marina (Yesakova) Kabir (‘05) and husband Reaz
are excited to announce the birth of Andrew Kabir on
Aug. 25, 2008 at 2:38 a.m. He is 7 lb and 15 oz. Baby is
healthy, and mom is resting.
Michael Hardt (‘05) is a senior financial analyst with
EquaTerra in Houston. Also, he is continuing as an adjunct
professor of finance at Houston Baptist University.
Brandy Hays (‘05) was promoted to managing consultant
at IBM this year and was recognized as one of the top
two percent of performers within the organization. In her
third year with IBM, her travels included managing
international strategic projects in Sweden, Bulgaria,
France, and Canada with IBM’s Global Customs Team.
Andy Shih (‘06) is a senior consultant at Alvarez and
Marsal Business Consulting.
11 Kimberly Gold (‘98) and Brian Sharp (‘98)
welcomed daughter Addison Anne on Jan. 2, 2008.
The Sharps reside in Houston where Kim is a product
marketing manager for Halliburton, and Brian is an
engineering manager for Stewart & Stevenson.
C. Tyson Weihs (‘06) is a partner at SMH Private Equity
Group. As a software developer and private pilot, he also
founded, MyMetar.com, a weather bookmarking service.
The company recently released a new product, the
ForeFlight, an iPhone application geared for pilots.
Linus Bernhard (‘07) is a trader analyst at energy
trading group Vitol.
Michael Scott Conley (‘07) and Luka Erceg (‘07)
recently founded Simbol Mining and have raised $6.7
million in Series A funding. The idea for Simbol Mining
came about in 2006 while Michael and Luka were pursuing
their MBA degrees at the Jones School.
Joelle Dick (‘07) was promoted to associate product
manager on the Science Diet Brand with Hill Pet’s
brand of Colgate-Palmolive Pet Nutrition Division.
Her project assignments have taken her to Australia,
Kansas, and Arizona.
Acho Azuike (‘08) is a development associate at
Houston-based Midway Companies, an international
real estate development and investment firm.
Christopher Mulgrew (‘08) was recently named the
CFO of the Lonestar Capital Corporation.
Bradley Welter (‘08) was one of 31 chosen for the
prestigious Broad Residency in Urban Education program.
10 11
aluMniReSouRceS
Jones Journal fall 2008 35
Class noteS
9
Visit www.JonesAlumni.com and log into the all-new alumni directory.
Help us find lost Alumni!Go to the lost Alumni link and help us reconnect with your classmates.
jonesgsm.rice.edu Jones Journal fall 2008 39
aluMni Get involved aluMniGet involved
Alumni G E T i N v O L v E D
share your professional and life experience with future leaders in a variety of ways.
Alumni Mentoring ProgramMentor a second-year Rice MBA student who is seeking
first-hand information about prospective careers from
professionals.
Through the mentoring program, alumni:
u Cultivate a deeper connection through an open forum
u Share professional and life experiences with future alumni
u Provide guidance in an ongoing relationship
Jones Alumni Volunteers for Admission (JAVA)The Jones School is actively seeking ambassadors from around the world
to represent the school in attracting top-tier candidates to the Rice MBA
program.
JAVA ambassadors may:
u Interview prospective students
u Represent Rice at recruiting events
u Counsel admitted students during the decision-making process
Alumni-Student LunchesThe Alumni-Student Lunch Series is an opportunity for current students
to meet with alumni during lunch sessions. Lunches provide students an
informal setting to gain insight into professional areas of interest and to
engage the alumni in current happenings at the Jones School.
To learn more about alumni involvement opportunities, visit www.JonesAlumni.com
Current JAVA Ambassadors represent the Jones School in states across the U.S. and in many countries including:
Belgium n Denmark n France n Indonesia n Korea n Nigeria n Peru n Singapore n Switzerland n Turkey n United Kingdom
Wine Tasting Reception — Aug. 21, 2008 — Dore Commons, Baker Institute
Class of 2010 students Jeet Vijay, Margaret
Turner, Brad McGovern, Jan Goetgeluk, Samara
Poplack, and Uche Ugwa
John Adkins ‘09, Career
Management Center Director
Deanna Fuehne, Aaron
Knape ‘08, and Patricia
Fu ‘08
Class of 2010 students Alice Gu,
Margaret Turner ‘10, and
Will Pike ‘10
Alumni Resources Launch – Houston — July 23, 2008 — Anderson Family Commons, McNair Hall
Associate Alumni Director Shaheen
Ladhani (Rice ‘97), Director of Full-
Time MBA and MBA for Professionals
Programs Sean Burnett ‘06, and Raju
Adwaney ‘06
Scott Sitton ‘00
and Dean Bill Glick
Hoyt Thomas ‘04, Bo Bothe ‘05, Mike Andries ‘02,
and Landy Haile ‘03
Gavin Cunningham ‘03 and
Ted Dimitry ‘02
Sarah Levinne ‘01, Spense Stephens ‘00, and
Deepak Kanwar ‘00
Class of 2007 alumni Maria Tort, Sameer
Bandhu, Rauli Garcia, and Joy Cox
nonprofitorganization
uspostage
paidpermit#7549
houston,texas
p.o.Box2932
houston,texas77252.2932
jonesgsm.rice.edu