WINTER 2006 • VOL 26 • NO 2 A magazine for alumni and friends of the Sauder School of Business at UBC 50 years, PMA 40063721 27,000 graduates, 1 vision T H E U N I V E R S I T Y O F B R I T I S H C O LU M B I A 50 years, 27,000 Bill Sauder Leo Basso BCom 48 PhD 06 Christina Anthony BCom 97 PHOTOGRAPHY BY MARK MUSHET Sarah Morgan-Silvester BCom 82 graduates, 1 vision Praveen Varshney BCom 87 Paul Hollands Bob Lee BCom 56 BCom 79 Maureen Howe PhD 87 A business school at British Columbia’s largest university seems inevitable now, but five decades ago, the powers-that-be needed convincing. Luckily, they were convinced, and 27,000 graduates are a living and leading testament to that vision. Today, the school is looking toward a renewed vision—one that these eight distinguished alumni each represents in their own way. Continued on page 24 >> SAUDER CLOTHING AND MERCHANDISE Just a few clicks away Umbrellas, mugs, pens, golf shirts, hoodies and more, emblazoned with the Sauder School of Business logo, available for sale now at the Sauder Store. Browse our online catalogue at www.sauder.ubc.ca/thestore and order with just a few easy clicks. Sauder t-shirt. Show off Sauder colours with this tailor fitted fine jersey t-shirt. $18.02 Men’s golf shirt. The classic, with Sauder flair. Navy blue with Sauder logo on left chest and UBC logo on left sleeve. $32.71 Women’s golf shirt. For the golf course or the weekend. UBC logo on left sleeve and Sauder logo on back. $45.14 • Detailed product description on website • Men’s and women’s sizes available • Visa and MasterCard accepted GST, PST, and shipping costs additional Journal. A handsome hardbound journalbook that speaks of executive style. With embossed Sauder and UBC logos on the cover. $23.55 Business card holder. A Sauder grad must-have. Two-tone brushed silver and chrome with Sauder logo on front. $17.80 Contact info: The Sauder Store • Phone 604-822-8497 • dsconline@sauder.ubc.ca T H E UN IV E R S IT Y O F B RIT I S H CO LU M B I A An Open Invitation. 2007 Sauder School of Business Gala. As in previous years, alumni, students, faculty and staff members will gather to celebrate the school’s accomplishments over the past year. Stay tuned for details. T H E UN IV E R S IT Y O F B RIT I S H CO LU M B I A Folding umbrella. Fend off the rain with this black folding umbrella with silver Sauder logo. $23.67 Winter 2006, Volume 26 No. 2 Cover Story People 24 4 Snapshots from the Sauder world, from Vancouver to China: speeches, reunions and golf tournaments. 50 years, 27,000 graduates, 1 vision After five decades, alumni, students and faculty see a new Sauder on the horizon. Eight voices chime in. Actuals: Celebrating Sauder’s 50th anniversary in Shanghai 18 A new chapter in Sauder’s history Fred Withers works to redefine Sauder’s facilities for the 21st century. School News 8 Features Newsworthy Sailing adventures in the Mediterranean and faculty comments on the income trust shakedown. 10 30 Milestones: The history of business education at UBC From the letter that started it all to the buildings that hold the school together, the memories that built an institution. 31 Student Corner Two students reflect on the evolving nature of the Sauder experience. 34 Insider Information Faculty and research updates. 38 Class Notes From Kirsten Owen’s (BCom 03) triathlons to remembering Ronald Green (BCom 70). 45 Contact us and share your news Make sure you’re in the next Class Notes. Building business from here to Africa UBC students work with aspiring Kenyan entrepreneurs. Roundup 2 Viewpoints from the Dean 3 The Sauder Index 36 Earning Interest Essential reading and 50 years of trivia. 46 Points of View Looking ahead: Sauder has big plans for the next 50 years, starting with new space as depicted in this conceptual image. WINTER 2006 VIEWPOINTS 1 FROM THE DEAN MARK MUSHET Viewpoints HERE IT IS. Stephen Toope spoke these words upon his installation as the new president of UBC this September, building on UBC’s motto, Tuum Est. It is yours. As we mark the fifty-year anniversary of UBC’s school of business, the words are appropriate for us, too. It’s as though everything we’ve done has led us here. Here it is. Every person who has been part of this school over the past five decades has traveled a remarkable path. Though rough-hewn at the start, our path has always been guided by a great tradition of learning and ideas that change the world and open worlds of ideas and opportunity for people. Those who have come along for the journey have not only contributed to a rich history of leadership in business, but to the future of management thinking, no matter what year you graduated.You have transformed your organizations, your communities and your world. The past five years have marked some rebuilding of our path, as many of the school’s entrepreneurial pioneers from the first 50 years head toward retirement. Fifty new faculty are now onboard, and are part of the team reinventing how we learn, developing new ideas, and our connection with the world.This connection is expressed best by our alumni—all 27,000 of you who experienced this place, and this space—and have taken this into your worlds. The space itself no doubt holds memories; the post-war huts and the halls of Henry Angus echo with strong voices of our past and present. But form informs function, and that’s why our new path leads toward new space – not just bricks and mortar; not just buildings – but new learning facilities and new technology all promoting learning 2 VIEWPOINTS WINTER 2006 and the human interaction that takes place in that space. We are building for the future: building to produce the next generation of our leaders who will continue to further our economy, our communities and our societies. I know well I am standing on the shoulders of giants—others with vision through the years before me. To a certain extent, you are too. Our strength as a school, and as leaders, comes from our collective history. But it is in this moment that you have the opportunity to reinvest in your school; to ensure that your children and their children continue to stand on the shoulders of new giants. This legacy is yours, and together we can and will build something new. Turn to page 18 for more on the launch of our building campaign and how you can invest your time, talent or treasure in your alma mater. Eight leaders of today help us look back in this issue; a sampling of renaissance thinkers who are pictured just inside the cover, and whose nostalgia is shared starting on page 24. (And if you’re interested, the book on my bedside table these days is Karl Greenfield’s China Syndrome). Also included in this retrospective issue is an archival look back at our beginnings—see page 12 for the letter that started it all. The first president of UBC, Hank Wesbrook, wished that UBC might be “a Provincial University without provincialism.” Our 12th president, Stephen Toope, extends the metaphor, and defines it anew: “To be without provincialism is to resist demands that would limit our vision to one that merely satisfies already identified local needs,” he said. As a home base for global business, we must not limit our vision for the Sauder School of Business. Building on the past 50 years, our path is courageous, our sights are set high, and you can help. We are preparing the next generation for leadership in a global economy and to be responsible contributors to a vibrant civil society. Sauder alumni: Tuum Est. This is my rallying call to all of you—the time is now. Our success and future are in your hands. Here it is. ■ OUR MISSION FOR VIEWPOINTS Viewpoints Magazine is designed to nurture dialogue and relationships with our alumni and friends by ensuring that you continue to enjoy the practical benefits of the school’s leading-edge business thinking. Viewpoints presents news, research and commentary that demonstrate the ability of our faculty and our graduates to define the future of business and to open doors for those who are connected to the Sauder School of Business. Your thoughts about this mission are always welcome. EDITORIAL Frieda Granot EXECUTIVE EDITOR Cristina Calboreanu Jennifer Wah EDITOR-IN-CHIEF MANAGING EDITOR DESIGN Brandon Brind ART DIRECTOR AND GRAPHIC DESIGNER Pierre Romano GRAPHIC DESIGNER PRODUCTION Spencer MacGillivray PRODUCTION MANAGER Viewpoints Magazine is produced by Forwords Communication Inc. and published by the Sauder School of Business, University of British Columbia 800 Robson Street, Vancouver, BC V6Z 3B7 Tel: 604-822-8555, Fax: 604-822-0592. Viewpoints is published regularly for alumni and friends of the Sauder School of Business. Email: viewpoints@sauder.ubc.ca For an online version of Viewpoints, visit www.sauder.ubc.ca CHANGE OF ADDRESS Send change of address to Alumni Relations Office, Fax: 604-822-0592 or email to alumni@sauder.ubc.ca ©Copyright 2007, Sauder School of Business. Editorial material contained in Viewpoints Magazine may be freely reproduced provided credit is given. ISSN 089-2388. Canada Post. Printed in Canada. EDITORIAL BOARD Frieda Granot (chair), Dale Griffin, Robert Helsley, Daniel Muzyka, Moyra Van Nus CONTRIBUTORS Wendy Bishop, Sue Bugos, Cristina Calboreanu, Leslie Field, Fiona Fung, Chris Hines, Landon Kleiss, Marla Levy, Nancy Langton, Rob McMahon, Derek Moscato, Mike Scott, Jennifer Wah, Leanna Yip PUBLICATIONS MAIL AGREEMENT NO. 40063721 RETURN UNDELIVERABLE CANADIAN ADDRESSES TO ALUMNI RELATIONS, SAUDER SCHOOL OF BUSINESS, UNIVERSITY OF BRITISH COLUMBIA, Daniel F. Muzyka, Dean RBC FINANCIAL GROUP PROFESSOR OF ENTREPRENEURSHIP 800 ROBSON STREET, VANCOUVER, BC V6Z 3B7 The Sauder Index BY ROB MCMAHON Date last streetcar ran in Vancouver: April 24, 1955 Number of years Vancouver had street railway service: 65 Percent of UBC commuters who use transit: 42 Expected average annual transit ridership growth due to UBC U-Pass: 10 Transportation cost savings to students: over $3 million per month Percentage of students in Sauder’s Diploma of Accounting in 2006 who are women: 46.5% Number of women graduates in UBC’s first Accounting program in 1965: 2 Annual sales from Rivtow, the company led by one of those women, Lucille Johnstone, upon her retirement in 1989: $250 million Year Arthur Erickson conceived a 100-storey apartment complex for Vancouver’s West End: 1956 Architectural firm responsible for designing most of the original UBC campus, including the Henry Angus building: Thompson, Berwick & Pratt Height of Vancouver’s under-construction new tallest building, the Shangri-La: 61 storeys Approximate number of students enrolled in Sauder’s Property Management course in 2006: 250 Cost for a year of tuition in UBC’s BCom program in 1956: $240 Annual undergrad tuition for Sauder today: $4,313 Average selling price of a Vancouver home in 1956: $13,000 Of a four-bedroom home in Vancouver in 2006: $1,013,528 WINTER 2006 VIEWPOINTS 3 Actuals SEEN AND HEARD IN THE SAUDER WORLD Happy Anniversary! IN NOVEMBER, 200 GUESTS, INCLUDING Alumni Network Speaker Series senior government representatives, alumni, and representatives from the Sauder School of Business and Shanghai Jiao Tong University, gathered at the Four Seasons Hotel in Shanghai for a special event celebrating the school’s 50th anniversary, the 25th anniversary of Sauder’s partnerships in China, and the 5th anniversary of the UBC International MBA program in Shanghai. Premier Gordon Campbell and Dean Daniel Muzyka The highlights of the evening included remarks from The Honourable Gordon Campbell, Premier of BC, and the presentation of the Distinguished Alumni Award to the Honourable Shi Guangsheng. A former Minister of Foreign Trade and Economic Cooperation, the Honourable Shi Dr. Frieda Granot, Honourable Shi Guangsheng, Premier Gordon Campbell and Dean Daniel Muzyka PHOTOS COURTESY OF THE SHANGHAI JIATING ETIQUETTE SERVICE CENTRE Guangsheng was the signatory for China’s accession to the World Trade Organization. He attended the United Nations Executive Training Program at the Sauder School of Business at UBC in 1991, leading a delegation which included many Presidents and Vice Presidents of Chinese import/export corporations. He is currently a Member of the Standing Committee of the National People’s Congress, Vice Chairman of the Financial and Economic Committee of the National People’s Congress, and President of the China Association of Enterprises with Foreign Investment. Honourable Shi Guangsheng Diploma in Accounting Program (DAP) 1st Annual Golf Tournament THE DIPLOMA IN ACCOUNTING PROGRAM’S 1ST ANNUAL GOLF TOURNAMENT was held on September 15 at the McCleery Golf Course. The event was organized by the DAP office and the DAP student club as an exciting opportunity to meet with the DAP alumni. Great weather, great food, and great company—the DAP students, alumni, instructors, and members of the business community enjoyed a fun event. The DAP office and DAP student club look forward to next year’s golf tournament! 4 VIEWPOINTS WINTER 2006 Maureen Howe ON NOVEMBER 21, AS PART OF THE Alumni Network Speaker Series, Sauder alumna Maureen Howe (PhD 1987), Institutional Equity Analyst at RBC Capital Markets, shared her insights into “Surviving & Thriving in the Investment World.” Participants, including Sauder students and alumni, gathered to learn the secrets of success in the investment world, where, in Maureen’s words, “participants wear the numbers of hours worked as a badge of honour, even at senior levels.” “Nevertheless,” she added, “there is a way to survive, and even thrive, in this environment while keeping one’s health, relationships and sanity intact.” Reunions 2007 CHRIS STAIRS STEVEN LUNGLEY MBA Class of 1996 catch up with each other Assistant Dean and Director of External Relations Moyra Van Nus (centre) was invited to join the 10th Anniversary Reunion of the MBA Class of ‘96. Some of the participants who helped celebrate the event included (from left to right): Dave Burgess, Elaine Weiss, Jason Monteleone, Chris Stairs, Elaine So, and Adam Hunter. Along with sharing an enjoyable evening over cocktails, appetizers, and a decade’s worth of professional tales, attendees learned about new opportunities to stay involved as Sauder alumni through such initiatives as the MBA Mentorship Program, the Career Development Advisory Panel, and the Professional Speaker Series. Merrill Lynch Finance Scholarships Recognition Lunch MR. DAVID CHRISTOPHER, MANAGING DIRECTOR OF MERRILL LYNCH CANADA INC., JOINED Rob Heinkel, PMF Alumni Professor of Finance, and the recipients of the 2006-2007 Merrill Lynch Finance Scholarships for a recognition lunch on October 23. Left to right: Prof. Rob Heinkel, Ms. Shirley Chan, Ms. Amanda Warren (Development Officer in the Sauder School of Business), Ms. Nina Yang, Ms. Ayako Nakayama, Mr. David Christopher, and Mr. Chris Maludzinski. REUNIONS ALLOW YOU TO REACQUAINT yourself with old classmates, expand your professional network, and get up-to-date news on how your old faculty is doing. We’re currently seeking reunion committee members for these years: MBA 1997 10 years in 2007 BCom 1997 10 years in 2007 BCom 1987* 20 years in 2007 * Contact: Praveen Varshney praveen.varshney@varshneycapital.com MBA 1982 25 years in 2007 BCom 1982 25 years in 2007 1957* 50 years in 2007 * Contact: Betty Clarke-Pearson commerce57@canada.com Initiating a Reunion Committee is the first step towards designing the ultimate reunion. A committee requires a commitment to organizational detail, as it is the committee’s responsibility to plan and implement an event that is entertaining and engaging. Are you interested in leading or being a member of your reunion committee? For more information please contact Kim Duffell, External Relations Coordinator, at kim.duffell@sauder.ubc.ca, or at 604-822-6027. WINTER 2006 VIEWPOINTS 5 Actuals SEEN AND HEARD IN THE SAUDER WORLD UBC Alumni Weekend LARRY GOLDSTEIN 2006 Canada–China Airline CEO Summit THE CANADA–CHINA AIRLINE CEO SUMMIT HELD ON SEPTEMBER 12 – 14, 2006 IN Vancouver brought together senior representatives from airlines, tourism organizations, and government agencies with the hosts—Vancouver International Airport Authority, Tourism Vancouver, and Tourism BC. The Summit presented the delegates with an overview of the Canada - China market with a specific focus on British Columbia, and offered them the opportunity to interact with senior government officials on areas of mutual interest and concern. This Summit was the fourth such event in a series of “Air Access” programs that began in 1993. These past forums have played a significant role in achieving key accomplishments including air policy liberalization, implementation of In-transit Preclearance, the Transit Without Visa pilot program, reductions in provincial fuel taxes and enhancing the awareness of Vancouver as the premier Asia – Americas gateway. A broad range of issues were considered during the Summit, including passenger facilitation, infrastructure requirements, competitiveness issues, cargo, and tourism impediments. Dean Daniel Muzyka facilitated a 90 minute session focusing on impediments to the growth of the YVR China – Americas gateway. Anming Zhang, Professor in the Sauder Operations & Logistics division and YVR Authority Professor in Air Transportation, presented remarks on China’s Air Cargo Industry and YVR as a cargo gateway. Deloitte & Touche reception MR. CAL BUSS, OFFICE MANAGING PARTNER of Deloitte & Touche LLP, joined Sandra Chamberlain, Deloitte & Touche Professor of Accounting, for a recognition event with students to celebrate the relationship between Sauder and Deloitte & Touche. Left to right: Mr. Cal Buss, Ms. Celina Bellingham, Ms. Sarah Walsh, Prof. Sandra Chamberlain, Mr. Andrew Williams, Ms. Abigail Meana. 6 VIEWPOINTS WINTER 2006 Jason Meyer and Tiffany Hsiao, both BCom 2007, welcomed alumni at the UBC Alumni Weekend on September 30. MBA/MScB alumni pub night MBA and MScB alumni in Vancouver gathered on October 17 at the Coppertank Grill. Hope to see you at the next one! 2006 Vancouver PMF Alumni Dinner SHAUN TANASSEE SHAUN TANASSEE Premier Gordon Campbell and business leader Jim Pattison speak to students THIS FALL, THE AWARD-WINNING MBA Core curriculum invited leading visionaries to the classroom. The lineup of MBA speakers started on September 11 with a presentation from British Columbia Premier Gordon Campbell. Throughout September and October, students in the 2006 Sauder School of Business MBA program engaged with influential business figures. On October 10, Jim Pattison, President and CEO of the Jim Pattison Group, shared the lessons learned in his long career as one of Canada’s most successful entrepreneurs. Deans-Knight Scholarship awards recipients’ lunch MR. WAYNE DEANS AND MR. DOUG KNIGHT joined Prof. Rob Heinkel, Professor of Finance, and the recipients of the 2006-2007 Deans-Knight Scholarship for a recognition lunch on November 1. ON OCTOBER 30, OVER 20 ALUMNI OF THE PORTFOLIO MANAGEMENT FOUNDATION (PMF) program, from the first graduating class of 1987 to the class of 2005, and 13 current PMF students from the classes of 2007 and 2008 came together for the 2006 Vancouver PMF Alumni Dinner. The event included cofounders of the PMF program, Mr. Michael Ryan and Mr. Milton Wong, Dean Daniel Muzyka, Prof. Rob Heinkel, the primary PMF Faculty Supervisor, Prof. Murray Carlson, the secondary Faculty Supervisor, and Moyra Van Nus, Assistant Dean and Director of External Relations. The annual dinner brings together PMF alumni, known as Leslie Wong Fellows, and current students. Most of the alumni are actively involved in the PMF program–as counselors to the students, as members of the PMF Board of Directors, and as interviewers of students applying to the PMF. Standing, left to right: Mr. Doug Knight, Ms. Amanda Warren (Development Officer in the Sauder School of Business), and Mr. Wayne Deans. Front row, left to right, Mr. Emil Khimji (2nd-year award recipient) and Mr. Yu-Jia Zhu (1st-year award recipient). WINTER 2006 VIEWPOINTS 7 Newsworthy SAUDER IN THE NEWS To learn more about Sauder in the news, visit www.sauder.ubc.ca Online criminals: The next generation In an October 24 story entitled “Hacker alert: They’re getting much better,” National Post reporter Emily Mathieu reported on security breaches on two U.S. Internet brokerage sites. Both cases pointed to increasingly sophisticated online fraud, as perpetrators set up “pump and dump” scams via trading accounts. Hasan Cavusoglu, assistant professor of management information systems at Sauder, commented that eliminating fraud is impossible in an industry as big as online trading. “The only way to eliminate security issues is to shut off the network,” he said, pointing to the more than 93,000,000 pieces of sensitive personal information that have been accessed illegally through the Internet since 1995. “It’s like an arms race: good people are trying to improve security and the bad guys are trying to find a way to get by it.” Following in the footsteps of Napoleon Cavusoglu, who conducts research into It was a busy October for Vancouver Sun columnist Malcolm Parry, who has photographed Internet security issues, also provided more than 1,200 people during 15 years with the newspaper. Between covering CEO expert comment for the Globe and Mail in speeches and fashion galas, as well as a 70th birthday party in his honour hosted by the a November 3 story about tracking Vancouver Board of Trade, Parry found time to focus his business column’s gaze on the team criminals via their Internet connection in of Italy-bound student sailors from Sauder School of Business. an Ontario case. “Dean Daniel Muzyka… discourages MBA students from launching entrepreneurial projects while they’re still hitting the books,” wrote Parry. “But it’s okay for them to learn the ropes in the traditional meaning of the phrase.” “That’s why Kyle Duignan, Fraser Hall, Darcy Hughes, Feraz Mohammed, Gerry Tillman and Donovan Woollard were on the Mediterranean island of Elba recently. Not to bone up on deposed emperor Napoleon’s 1814-15 exile there, but to race a Beneteau First 37 sloop in MBA Cup events against students from 20 other international biz-schools—and whup 17 of them. Echoing the tête-à-tête plotting Napoleon held there, organizers called the event ‘an opportunity for managers of today and tomorrow to gather and exchange ideas alongside protagonists of some of the world’s leading businesses, and discuss global economic trends and patterns.’” Congratulations to the Sauder sailors, and a belated happy 70th to Malcolm! 8 VIEWPOINTS WINTER 2006 “Social contagion” of copycat violence spread by media Income trust shakedown Violent attacks on schools or workplaces, Sauder professor emeritus remains true to spirit of Labour Day such as the tragic October shooting at an While many folks take advantage of the structured firms in Canada would be taxed Amish school in Pennsylvania, are often Labour Day long weekend to catch up on at corporate rates, Sauder faculty were on copycat actions triggered by “social sleep or enjoy what’s left of the summer hand to make sense of the big picture for contagion” spread through the media, according weather, Mark Thompson, Sauder professor affected investors. to Sauder professor Sandra Robinson. emeritus of industrial relations, was Robinson, who studies workplace standards in two important editorials U.S. Postal Service, where the number of splashed across the pages of the Toronto Star violent incidents over the years has given and the Vancouver Sun. The co-written way to the phrase “going postal.” “Workers of the World: Let’s Give Them a Hand” Labour Day op-ed (with John Fryer) newspapers across Canada, she said such appeared in the Star and Sun on September 4 attacks tend to appear in clusters because and September 2, respectively. the perpetrators, who usually suffer from “Canada is known for its defense of mental illness, are “pushed over the edge” other human rights,” he wrote. “It should by watching other successful attacks. move global labour standards much higher “Certainly the people committing these crimes are mentally unstable,” she said. October 31 announcement that trust- putting forward his take on global labour aggression, has published research on the In a story featured in CanWest Following Finance Minister Jim Flaherty’s on its human rights agenda.” “We can and should insist that Canada “When these types of incidents hit the and its corporations neither give aid nor news, for the odd person who is already invest in those countries unwilling to abide “Relatively speaking, trust investors predisposed it sets up a copycat phenomenon.” by (International Labour Organization) core are worse off compared to yesterday,” said standards…. Recognizing that labour Kin Lo, Sauder professor of accounting, in was read and heard from coast to coast in rights are human rights, we should expect the wake of one of Canada’s biggest Canada, including CityTV, CKNW Radio, The Canada to be at the forefront of defending business stories this year to the Vancouver National Post,The Vancouver Sun, CJNI-FM Halifax, such rights both at home as well as in the Sun. In calculating after-tax returns, Lo 660AM Calgary, and CBC Radio. international arena.” said investors decided Flaherty’s decision Robinson’s commentary on the issue was a penalty and made their decisions Sauder IMBA leader highlights ties between Canada and Asia The Vancouver Sun’s October list of 100 Chinese-Canadians “who are making a difference in British Columbia” included Sauder School’s Grace Wong, International Programs Assistant Dean & Director. Wong was cited for “her leadership,” through which “the school has forged strong alliances throughout China, and in Korea, Mexico and other countries.” Wong was also cited in an October 14 South China Morning Post story, entitled “Sauder firms China-Canada ties” written by Michael Taylor, which explored the growing linkages between Sauder School and Asia’s fastest growing economy. “The pace of change in China is very rapid,” said Wong, in an interview with the Hong Kong daily newspaper. “The demand for global class managers is about 10 times the system’s capability (in China) to produce them…. Retaining good managers is the number one issue facing multinationals there.” accordingly. Selling on the Toronto Stock Exchange gave way to a 24-hour loss of $20 billion worth of market value. “The one-time drop today is going to be permanent,” Lo said, as the premium built into income-trust units by their tax advantage has now been eliminated. “Any future appreciation in investments will depend on the performance of the trusts, their underlying businesses, which is what happens anyway.” WINTER 2006 VIEWPOINTS 9 S P EC I A L A N N I V E R SA RY F E AT U R E A history of mem Graduating class in Commerce, 1956. Faculty of Commerce professors, 1957. This year marks the 50th anniversary of the establishment of the UBC Faculty of Commerce and Business Administration (now the Sauder School of Business), but business education at UBC has a much longer history. Join us for a look back at the historical milestones that helped define us. September 30, 1929 1929-30 session. The Senate 1950s The UBC Senate approves new approved the form of the diplo- Community outreach and courses leading to the Bachelor ma and the colours of the hood executive education partnerships Vancouver Board of Trade, of Commerce (BCom) in on February 18, 1930. are forged with the establishment decides to establish “a course Accountancy, Cost Accounting, March 6, 1917 The UBC Board of Governors, at the recommendation of the of the Sales and Marketing Statistics 1, Transportation and 1939 Executive Program. Soon thereafter, Industrial Geography, and The Department of Commerce partnerships are established with Commercial Law, in addition to is created within the Faculty of C.G.S, C.A., C.M.A, Banff School delay the implementation of the Economics courses that had Arts and Science. of Management, Real Estate the suggested program, but been authorized previously. leading to the degree of Bachelor of Commercial Science.” The war and shortage of funds would continued interest would result in the introduction of five courses in 1929. 10 VIEWPOINTS WINTER 2006 The Bachelor of Commerce Institute and the Real Estate 1950 Council of British Columbia. degree would be offered through The Department of Commerce is the Faculty of Arts and Science. given the status of a School with- the Faculty establishes a number The new program started in the in the Faculty of Arts and Science. of professional and diploma Starting in the early 1950s, S P EC I A L A N N I V E R SA RY F E AT U R E orable milestones View of procession to official opening of the Angus building, 1965. Group photo at the opening of the Henry Angus Building in 1965, Henry F. Angus, John Barfoot Macdonald, George Pearkes, Leslie Raymond Peterson. courses including Accounting, of citizens,” he noted in his laborative effort of the University they would offer graduate courses Junior Management, Sales History of the Faculty of Commerce and of British Columbia and the which would continue the Executives, Advertising, Business Administration,The University University of Alberta. The Banff specialization started in the third Municipal Administration, School of British Columbia. School was designed for the and fourth years of the under- training of middle- and high- graduate program, or whether Administration, Real Estate, Administrative Management, 1951 level executives and aimed to fill they would follow the pattern of Banks, and Insurance.The Executive The Council of the School of the need for highly qualified Western and Harvard in creating Program is established in response Commerce approves the Master managers in Western Canada. The courses for graduates of other to the demand for one-day of Commerce degree (later University of Saskatchewan and faculties. In the latter program seminars and evening lectures. replaced by the Master in the University of Manitoba joined there would be a general course Business Administration degree), the school in the next year. in Business Administration. Earle D. MacPhee, appointed Those in favour of a general Director of the School of the only graduate course offered by Commerce in 1950, was very the Faculty of Commerce and 1955 course for graduates of any interested, in his words, in Business Administration in the The Master of Business faculty at UBC or from an “carrying the University to the 1950s. Administration (MBA) degree is approved university argued that approved by the UBC Senate and “there was a much greater need the Board of Governors. for the use of the time of the people.” “The School believed in 1955 that it was important to 1952 the people of this province that The Banff School of Advanced it should serve a large number Management is created as a col- Members of the Faculty of faculty in allowing graduates of Commerce had to decide whether other faculties who planned to WINTER 2006 VIEWPOINTS 11 S P EC I A L A N N I V E R SA RY F E AT U R E Letter from the Chair of the Vancouver Board of Trade to the Premier of British Columbia December 3, 1927 Hon. J. D. McLean Prime Minister Victoria, B. C. Dear Mr. Premier: At a meeting of our Council on Thursday a resolution was unanimously adopted instructing our Executive to petition your Government for a Department of Commerce at the University of British Columbia, to be provided at the earliest possible date. It is my intention to summarize briefly herein the points leading to the unanimous decision of our Council. These points will, I feel, be sufficiently convincing to result in a favourable and earlier decision in the matter on the part of your Government. The following points were brought out in our discussion: • Commerce is relatively more important to our prosperity today than ever before. • Competition in business is so keen that a general knowledge of business theory and principles are practically a pre-requisite to the normal progress of the young man. • No University today is giving maximum service to the Community it serves unless it possesses a first-class Department of Commerce. • A tax-payer in British Columbia, wishing his son to become a Bachelor of Commerce, must either send him to the United States or to Toronto or some other Eastern Canadian City. • More than one half of the people of British Columbia are dependent directly or indirectly on Commerce. • More than one half of the taxes of the Province are paid by Commercial interests. • More than one half of the population of British Columbia are residents of Greater Vancouver and the Lower Mainland—easily accessible to the University of British Columbia. • In view of his contribution in taxes, a business man can reasonably claim the privilege of at least equal rights with the farmer so far as the University is concerned. The farmer can send his son for a Course in Agriculture but the business man cannot, at present, give his son a Course in Commerce, notwithstanding that the latter is relatively a more important subject in his Province. • It is estimated by the U.B.C. that after allowing for fees from 200 students @ $100 each a grant of from $5,000 to $10,000 annually would be required to properly carry on a Department of Commerce. This sum is considered by our Board to be infinitesimal in relation to the importance of such a Department and in relation to the whole Government expenditure for University purposes. • We shall have failed in our duty as citizens and Canadians if we do not keep pace with the trend of modern business and with our own rapid development in this great National port. We must provide our boys with a University training in Commerce at home to insure that our younger generation shall be equipped to compete with our American friends to the South, who are our real competitors in business. I solicit, Mr. Premier, your earnest consideration in this matter and I hope it will be possible for you to give me your early assurance that this urgently needed and long-overdue facility will be provided by your Government without delay. Yours faithfully, Robert McKee, Chair, Vancouver Board of Trade Excerpted from History of the Faculty of Commerce and Business Administration, University of British Columbia, by Earle D. MacPhee, 1976 12 VIEWPOINTS WINTER 2006 S P EC I A L A N N I V E R SA RY F E AT U R E (Reproduced from History of the Faculty of Commerce and Business Administration, University of British Columbia, by Earle D. MacPhee, 1976) Statement of the Aims and Objectives of the School of Commerce (from the 1951-1952 Calendar) .... It is important that the prospective student in the School appreciate the purposes and intentions of the Council in providing the programmes defined in the following pages. On the one hand, it is expected that graduates from this Panel for Institute on Goals and Responsibilities in Business Education (including E.D. MacPhee), 1957. School will be familiar with the principles and techniques of those who are dealing most successfully with varied enter the business community 1958 than for further specialization of Under the leadership of Dean the BCom graduates.” As a result, Earle D. MacPhee, the Faculty of the faculty decided to recommend Commerce and Business a general course and to offer a Administration makes its first Master of Business Administration foray in the international arena, degree, for students with a contributing to the establishment Bachelor’s Degree in Commerce, of the new Schools of Commerce Arts, Law, Engineering, Forestry, at the University of Malaya and Agriculture, or Pharmacy from the University of Singapore. an approved university. Professor Leslie Wong, the Chairman of the Division in May 1956 Finance, leads a research team The UBC Senate and the Board tasked with designing a proposed of Governors approve the recom- program for the new institutions. mendation that the School of The Government of Canada Commerce be given the status of agrees to enter into a contractual a Faculty, with the title of “Faculty arrangement with Malaya under of Commerce and Business which the University of British Administration,” effective June 1, Columbia assumes responsibility 1956. Earle D. MacPhee would to recruit the Canadian staff, be the first Dean of the newly- establish the courses, and select created Faculty. suitable Malaysian graduates for While maintaining its official studies in Canada who, upon name for ceremonial purposes, their return to their home the faculty later rebrands itself country, would gradually replace as UBC Commerce. the Canadian faculty members. problems of business: organization, development, control, and social responsibilities. This is the professional or technical aspect of the work of the School, and the School is definitely and frankly professional in its outlook. On the other hand, the School maintains that its graduates must have an intellectual and cultural background to enable them to deal constructively, as business men and citizens, with the social, political, and legal problems of their times and environments. They need, and society has a right to expect that as university graduates they will have, a sounder perspective, a truer appreciation of social and economic trends and their historical origins, a keener sense of community values, than can fairly be required of those who have not had the privilege of further study in a university atmosphere. Business does not expect that graduates in Commerce will be skilled in the techniques of individual industries or services. It does not want them to expect to assume immediate managerial responsibilities. It does expect that these men and women will be well-trained in general techniques, will be ready and able to adapt these principles and practices to specific problems, and will have well-disciplined minds and sound work habits. ■ WINTER 2006 VIEWPOINTS 13 S P EC I A L A N N I V E R SA RY F E AT U R E Commerce Undergraduate Society Class Presidents Dr Ernest C Harvey Rev Stewart W Porteous Mr George F Peirson Mr Robert M Wilson Mr Robert M Wadsworth Mr Peter L Day Mr M Bruce Pepper Mr Henning P Brasso Mr Robert W McQueen Senator D Ross Fitzpatrick Mr R B (Dick) Cavaye Mr Richard L Richards Mr H Doug Butterworth Mr Eric Lauritzen Dr Robert J Gayton Mr Robert B Mackay Mr Peter Uitdenbosch Mr Brent W Bitz Mr John H Dunham Mr George Harvey Taylor Mr Richard K Acton Miss Barbara M Bell Mr Robert B Dougans Mr G D Powroznik Mr Mike D Andruff Mr Don B Nilson Mr John R Henderson Mr Michael E Iannacone Mr Donald B Turri Mr Kenton H Low Mr Anthony Letvinchuk Ms Arlene H Henry Ms Elaine S Cotton Mr Carlo Nichini Mr John J Racich Mr Christopher Godt Mr Gregory Scott Yen Miss Karen Nishi Mr Vincent Yen Mr Mark T Brown Mr Ben Yen Ms Karen M Sargent Mr Kingsley Chong Mr Ali Pejman Mr Richard C Tam Mr Kevin K Chiu Mr Jay Sharun Mr Jason Graham Bower Mr Irfhan Rawji Mr Michael Lee Ms Mariko Takeuchi Ms Jennifer Lo Mr Jeffrey Ryan Potter Ms Abigail Frances Ong Mr Mike Woodward BCom 1941, BA 1942 BCom 1945 BCom 1946 BCom 1948 BCom 1952 BCom 1953 BCom 1955 BCom 1956 BCom 1957 BCom 1958 BCom 1959 BCom 1960 BCom 1961 BCom 1961 BCom 1962 BCom 1964 BCom 1968 BCom 1970, MBA 1972 BCom 1971 BCom 1971 BCom 1972 BCom 1972 BCom 1973 BCom 1974 BCom 1975 BCom 1976, MSc (Bus Admin) 1985 BCom 1977 BCom 1978 BCom 1979 BCom 1980 BCom 1981 BCom 1982, Dip(Urb Lnd Econ) 2000 BCom 1983 BCom 1984 BCom 1985 BCom 1986 BCom 1987 BCom 1988 BCom 1989 BCom 1990 BCom 1991 BCom 1992 BCom 1993 BCom 1994 BCom 1995 BCom 1996 BCom 1997 BCom 1998 BCom 2000 BCom 2002 BCom 2004 BCom 2004 BCom 2006 BCom 2006 BCom 2007 Douglas Kenny speaking at dedication of the Earle Douglas MacPhee Executive Conference Centre and the Cyrus H. McLean Audiovisual Theatre, 1976. In May 1961, five members from the Faculty of Commerce move for the granting of a PhD degree: “To prepare mature persons to Malaya and Singapore to begin with demonstrated intellectual the first- and second-year courses ability of high order for univer- in Accounting and Business sity teaching and research and Management. for research positions in industry Leslie Wong would later serve as a board member of the new or government; He must have a genuine Singapore Institute of Management, desire for knowledge, a respect formed in 1963 under the for human values, his preparation influence of UBC faculty. should extend over the whole The faculty’s role in the field of business administration, establishment of the Malaya and he should understand the main Singapore business schools set decision areas, and the problems the stage for a leadership role in which support business managers business education in both China in making a decision; and Hong Kong. He should understand the concepts and methods of other 1967 related disciplines, especially the The PhD degree is approved. The behavioral sciences, quantitative new degree would be offered in methods and economics; Finance, Marketing, Organizational He should possess a command Behaviour, Accounting, and of his special subject so that he Management Science. can teach at the undergraduate The faculty approves the following statement as objectives and graduate levels; He should carry out research Continued on page 16 >> 14 VIEWPOINTS WINTER 2006 S P EC I A L A N N I V E R SA RY F E AT U R E The facilities E.D. MacPhee Building. In its early years, as a division graduates and graduates and for inaugurated in 1965. It would of Economics, Commerce used the several courses in this new be known as the Henry Angus the Arts Building and the old discipline. Building, in honour of Henry Research Centre opened in 1992. Forbes Angus, Professor of Building construction was made Agriculture Building. When the The large number of students The David Lam Management World War II veterans arrived in forced a move from the Commerce Economics, Political Science, possible through a gift from 1945, the university provided huts to the new Buchanan and Sociology and the first Dean David See-Chai Lam, former space in ex-army huts. Building in the late 1950s, but of Graduate Studies at UBC. Lieutenant Governor of British since it was anticipated that the Commerce and Business Columbia, and his wife Dorothy. G2 and G3. When the Law Buchanan Building would soon Administration, Psychology, The building is home to the Building was complete, the bulk be more than fully occupied by Economics, and Political Science David Lam Management Research of the faculty moved to Hut Gl the Faculty of Arts, it was proposed moved to the new building in Library. and other “temporary” build- that the university should take 1966. By 1973, many of these ings. It was in these huts that the down the Commerce huts and departments had returned to the opening of its new downtown undergraduate program was erect a Commerce Building on Buchanan Building. teaching facilities at UBC Robson developed. The school changed that site. University registration to a faculty in 1956 but no continued to rise sharply and requirements for a continually business school’s Executive change took place in its accom- it became obvious that the increasing faculty and student Education office. ■ modation. It was in these huts Commerce huts would be bodies forced an expansion of a that the professional and diploma needed as they were, and that new wing, called the Executive courses were organized; Philip an additional building should Development area. This wing, on White began the development of be erected on Main Mall. the north side of the Angus The school started off in Huts a Real Estate program for under- The new building was In 1974-75, the space In 2001, UBC celebrated the Square, and new home of the Building, would be called the Deans of the Faculty of Commerce and Business Administration Earle D. MacPhee 1956-1960 G. Neil Perry 1960-1965 Colin C. Gourlay (Acting) 1965-1966 Philip H. White 1966-1973 Colin C. Gourlay (Acting) 1973-1974 Noel A. Hall 1974-1976 Stanley W. Hamilton (Acting) 1976-1977 Peter A. Lusztig 1977-1991 Michael A. Goldberg 1991-1997 Derek Atkins (Acting) 1997-1998 Daniel Muzyka 1998- Deans on deck in June 2000. Left to right: Dan Muzyka, Philip White, Stan Hamilton, Colin Gourlay, Peter Lusztig, Mike Goldberg, and Noel Hall. WINTER 2006 VIEWPOINTS 15 S P EC I A L A N N I V E R SA RY F E AT U R E MBA Class Presidents President 1973-74 Shannon Shepardson President 1974-75 Martin Glynn President 1975-76 N/A President 1976-77 N/A President 1977-78 N/A President 1978-79 Louis-Charles Lavalle President 1979-80 Brette Ritchie President 1980-81 Mike Boyle President 1981-82 Bob Carroll President 1982-83 Jim Goring President 1983-84 Peter Szilai President 1984-85 William Hallam President 1985-86 Neil McDonnell President 1986-87 Will Stayer President 1987-88 Shannon Taylor President 1988-89 Debbie Intas President 1989-90 Chris Windsor President 1990-91 Gregg Scott President 1991-92 Karen Wilkinson President 1992-93 Michael Prokop President 1993-94 which contributes to theoretical made in support of a Canadian George Siemens President 1994-95 knowledge or leads to practical business school with a gift from Peter Saulnier President 1995-96 (New Program) improvement in business William Sauder, BCom 1948, Holly Wong President 1995-96 (Old Program) methodology; Chancellor Emeritus of UBC and Peter Hofman President 1996-1997 Dave Harriman President 1997-1998 James Loughridge President 1998-1999 He will be expected to make support, the business school is Darrell Kopke President 1999-2000 a significant contribution to the renamed the Sauder School of Chris MacArthur President 2000-2001 literature of the discipline.” Business. Mark Cordy President 2001-2002 Perry Atwal President 2002-2003 1971 November 2, 2006 Russell Harper Co-President 2002-2003 The degree of Master of Science The Sauder School of Business Raul Avina Co-President 2002-2003 Chris McNally President 2003-2004 in Business Administration is announces the naming of the Colleen Caney Co-President 2003-2004 approved, aimed at students who Robert H. Lee Graduate School, Eric Monrad Co-President 2003-2004 prefer a Master’s degree special- in recognition of a generous gift Eric Huang President 2004-2005 izing more in one field than the in support of graduate education Rob Zubic Senior Vice President 2004-2005 MBA would allow. at the Sauder School of Business Felicia Lee Co-President 2004-2005 Eric Monrad Co-President 2004-2005 June 5, 2003 Robert H. Lee, and his long-term Ricardo Estrada President 2005-2006 UBC is the recipient of the then- dedication to UBC. ■ Steve Champion President 2006-2007 largest single private donation 16 VIEWPOINTS WINTER 2006 MARK MUSHET Jean-Pierre Gabille The Sauder family name became synonymous with a respected business school following a historic gift from Bill and Marjorie-Ann Sauder in 2003. He must expect to guide student research; chairman of Interfor, and his family. In recognition of their from UBC Chancellor Emeritus S P EC I A L A N N I V E R SA RY F E AT U R E PERRY ZAVITZ Faculty Advisory Board An esteemed group of advisors helps guide the school and its vision. Andrew Bibby, BCom 1980 President, Grosvenor Canada Limited David Main, MBA 1990 President & CEO, Aquinox Pharmaceuticals Inc. Ross Sherwood President and CEO, Odlum Brown Cal Buss, CA Office Managing Partner, Deloitte Kyle Mitchell, BCom 1965 Managing Partner, Ray & Berndtson / Tanton Mitchell Inc. Andrea Southcott, BCom 1982 President and COO, TBWA-Vancouver Ronald L. Cliff, BCom 1949 Chairman, Heathcliff Properties Ltd. Lorraine Cunningham President, Cunningham Group Barbara Hislop Executive Director of Variety – the Children’s Charity of BC Paul Hollands, BCom 1979 President & CEO, A&W Food Services of Canada Inc. Maureen Howe, PhD 1987 Director, Global Equity Division, RBC Capital Markets Pat Jacobsen CEO, TransLink Carol Lee, BCom 1981 President & CEO, Linacare V. Paul Lee, BCom 1987 President, Electronic Arts Inc. Kevin K. Mahon, BCom 1982 President & CEO, Adera Development Corp. Sarah Morgan-Silvester, BCom 1982 Chair, BC Women’s Hospital and Health Centre Foundation Robert Stewart, Chairman of the Board President, R.T. Stewart & Associates Phil Swift, MBA 1975 CEO, Arc Financial Corp David Mowat, BCom 1978 President and CEO, VanCity Savings Credit Union Bruce Terry, MBA 1980 EVP & CFO, Sobeys Inc. Pat Parker, BCom 1968, MBA 1969 President, P.E. Parker & Associates Praveen Varshney, BCom 1987 Director, Varshney Capital Corp. Doug Pearce CEO & Chief Investment Officer, BC Investment Management Corporation Anthony von Mandl President & CEO, Mark Anthony Group Inc. Gary D. Powroznik, BCom 1974 President, PricewaterhouseCoopers Real Estate Inc. Richard Rees CEO, Institute of Chartered Accountants of BC Michael Ryan, BCom 1953 Past Vice President, Fixed Income Research, Portfolio Management, Leith Wheeler Investment Counsel Ltd. Greg Wiebe Managing Partner, KPMG Fred Withers, BCom 1977 Managing Partner, Western Canada, Ernst & Young Glenn Wong, BCom 1980 Past President and CEO of Apparent Networks Darryl Yea, BCom 1981 President, Investco Capital Management Inc. WINTER 2006 VIEWPOINTS 17 A new chapter in The Sauder School of Business hopes to raise $65 million to bring its facilities into the 21st century BY MARLA LEVY Some may have smiled in amusement (even nodded in agreement) when they read in the last issue of Viewpoints that the likeness of the Henry Angus Building to a 1960s secondary school has some alumni affectionately referring to their alma mater as ‘Angus High’. The comment (included in the article An Eye to the Future) came from Faculty Advisory Board member Fred Withers (BCom 77), who added: “We need to get it into the 21st century.” N OW WITHERS IS DETERMINED TO HELP MAKE THAT HAPPEN. The Managing Partner of Ernst & Young in Vancouver has been named the chair of the upcoming Opening Worlds Campaign, the business school’s ambitious plan to raise $65 million dollars to renovate and expand its facilities, the core of which was designed in the 1960s. “It’s a pretty clear cut goal,” says Withers. momentum, this is a school that’s thinking big.” 18 VIEWPOINTS WINTER 2006 JAKOB HELBIG / GETTY IMAGES “This is a school that wants to be great, this is a school that’s got Sauder’s history Sauder alumni have reason to invest in their school: up-and-coming generations of business leaders whose success will be built on the past, and who will build the future. WINTER 2006 VIEWPOINTS 19 Withers knows that being the management thinking; and the cheerleader for the campaign is a current learning environment significant responsibility, but it’s does not support the evolving one that he and his fellow busi- approaches to learning. ness partners at Ernst & Young “As a member of the Sauder feel is tremendously important. School’s Faculty Advisory Board, “The Sauder School is a big part I am privileged to work with of our recruiting strategy, it’s a strong faculty, promising big part of our British Columbia students and successful alumni. community, and this is an oppor- However, aging and inadequate tunity for us to give something facilities barely reveal the back.” For Withers personally, it’s exceptional calibre of the School. a great fit. “I have lots of affection Sauder needs to advance its for the School.” physical space, and do it now.” Sauder student Mike Interior of newly constucted Henry Angus building, August 30, 1965. real barrier to the sharing of support, he is very encouraged knowledge: “If you want by the positive response he and An infrastructure that’s anything but innovative Woodward, President of the someone to learn, it’s about his team have been getting to the Commerce Undergraduate connecting with them in a business case for renovating and Affection aside, Withers knows Society, agrees: “We have learning experience, and that expanding the School. After that the School is lacking on amazing professors at the Sauder connection, in my view, comes meeting with numerous business a number of fronts: growing School of Business, but we’re from knowing their name and people, it’s clear that many align programs have improved access held back in our education by a being able to make direct eye themselves with the direction of to business education, but, at lack of technology and a lack of contact with them.” the School and, notes Withers, a the same time, the School is modern business tools.” struggling to accommodate the Faculty members speak to the Dean Daniel Muzyka sums up the School’s inadequate common response has been, “How can I help?” increasing number of students frustration they face teaching in learning environment this way: and faculty; spatial inflexibility disengaging classrooms where “A business wouldn’t succeed in (BCom 56), President, Prospero and the poor state of the physical they may not be able to see or this model and nor can we.” Developments, and a long-time facilities pose barriers to the interact with some students. School’s vision to become a Jeff Kroeker, who teaches in the Solidifying support UBC, is one of those who has recognized leader in innovative Accounting Division, says this a The message that the School invested in the future of the School. needs to revitalize its space “The Sauder School offers a state seems to be understood and of the art education, but other shared by the business community. top business schools also offer Although the Opening Worlds state of the art facilities. I can see Campaign has yet to launch, the School urgently needs to capital gifts from the private sector upgrade its space. Business is have already been made—to the different now, and so is the way tune of $22 million. With one we learn.” patron and former Chancellor of third of the total campaign goal Henry Angus Building under construction, August 1964. 20 VIEWPOINTS WINTER 2006 Alumnus Dr. Robert H. Lee Withers believes this initial of $65 million secured, Withers support signals two things, a is feeling optimistic about the respect for the School and its School’s prospects for success. vision, as well as a recognition In addition to this financial that Sauder needs to provide Conceptual image of Sauder’s new facilities. students with what other top good enough for past students Withers says the bottom line is and faculty, to educating students business schools worldwide and faculty, why isn’t it good that the quality of the education in a collaborative, professional provide students—classrooms enough for today’s, or even would suffer. “Part of attracting and technologically advanced designed for participatory tomorrow’s? “We learned new faculty is having a school facility. And they’re forging ahead discussion, interactive space, differently back then,” explains that’s got ambitious goals, is because they believe that the areas for informal knowledge Withers. “We didn’t learn in having a city that people want upcoming capital campaign is exchange, and a technological teams. We didn’t need the to be part of, is having a student less about contributing to bricks backbone that supports modern connectivity that people need body that is dynamic, is having and mortar and more about teaching and research methods. today in order to do their work. faculty members who are world contributing to quality education. “The main message is that Sauder right now can’t deliver class, and is having an environ- If prospective donors see it the Sauder School continues on a that.” He likens these different ment that’s well-matched to similarly, this could well mark journey to be one of the great demands and challenges to those all of those things. If you fall the start of a pivotal chapter in business schools in the world,” underway in the workplace, such short, as you back up the chain, the School’s future—and says Withers. “That’s the path as at his own company. “We’ve there’s a risk to every one of hopefully the end of the jokes that the Dean and the Faculty spent a lot of money to accom- those things.” about ‘Angus High’. ■ Advisory Board have set the modate how people both work School on. A new facility is part and learn. Schools have to do the don’t have time to dwell on For more information about the business of that journey—it’s a means same thing.” hypothetical risk. They’re busy school’s plans to renew its facilities, communicating their vision of including Dean Daniel Muzyka’s vision, The risk of doing nothing what the upgrade will allow the please see the article,“An Eye to the will question why the School What would happen then if the School to accomplish—from Future,” in the Fall 2006 issue of needs such a major overhaul. facilities were not upgraded, if competing with other schools to Viewpoints. The thinking may be: If it was things remained the same? recruit and retain top students to an end.” Still, there may be some who But Withers and his team WINTER 2006 VIEWPOINTS 21 A new home for graduate programs at the Sauder School of Business IN A SPECIAL CEREMONY ON with extensive commercial real November 2, UBC President estate holdings on the Lower Stephen Toope and Dean Daniel Mainland. A long-time patron of UBC, Muzyka announced the naming of the Robert H. Lee Graduate Lee has served as member of School at the Sauder School of the UBC Board of Governors Business. (1984-90), as Chancellor of UBC (1993-96) and Chair of the The announcement was made in recognition of Robert H. Lee’s UBC Foundation. One of his generous gift in support of most notable contributions graduate education at the Sauder includes his role as a key founder School of Business and his of UBC Properties Trust in 1987. long-term dedication to UBC. He saw land as a tremendous EUGENE LIN In September 2005, UBC announced a major gift of $15 million in support of Bob Lee at the naming ceremony for the Robert H. Lee Graduate School. asset that could generate lasting revenue and strongly encouraged UBC to establish long-term graduate education at the Sauder endowment wealth by monetizing School of Business, a commitment its land assets. The first residential led by Dr. Robert H. Lee. The build on our reputation as that enabled us to go forth and project, the 28-acre community $15 million gift consisted of Canada’s foremost research-based become successful in business and of Hampton Place, produced $80 Lee’s lead gift of $5 million, a business school and advance contribute to our community,” million for the UBC Endowment. matching endowment of $5 toward our goal of becoming says Lee. “I feel privileged to be “When I started the UBC million from UBC, and a joint one of the world’s top business able to give back to the school Properties Trust, my goal was to commitment between Lee and schools.” that has given me and my family raise $1 billion to create the so much over the years.” largest endowment of any UBC to secure an additional Born and raised in Vancouver, Dr. Lee graduated from UBC Lee’s foresight in fostering University in Canada,” says Lee. in 1956 with a Bachelor of business ties to Asia at a time when “Next year will be our 20th year will allow us to bring Sauder’s Commerce degree. Over the few others recognized its future and to date, we have raised $350 existing and future graduate years, he built a formidable real influence sparked major Asian million towards our goal.” programs together and create estate business on the west coast investments in British Columbia synergies that will enrich our with Wall Financial Corporation, and marked a significant in the future of UBC and genera- programs and enhance our eventually forming the highly development in the province’s tions of students to come—and ability to educate future leaders successful Prospero Group. economic growth during the ultimately an investment in the 1970s and ‘80s. He built a strong future of our province and our country.” ■ $5 million. “The new graduate school in business, industry, and “As alumni of the School, academia,” says Dean Muzyka. we were fortunate to benefit real estate presence on the west “It will enable us to continue to from a high-calibre education coast of Canada and the U.S., 22 VIEWPOINTS WINTER 2006 He adds, “It is an investment MAURICIO OROZCO This team is at your service The team who keeps Sauder’s external relations humming is (back row, left to right): Anna Collins (Development Coordinator), Fiona Fung (Alumni Relations Coordinator), Kim Duffell (External Relations Coordinator), Moyra Van Nus (Assistant Dean and Director, External Relations). Front row: Cristina Calboreanu (Writer, External Relations / Editor-in-Chief, Viewpoints Magazine), Amanda Warren (Major Gifts Officer), Frieda Granot (Senior Associate Dean, Strategic Development and External Relations / Executive Editor, Viewpoints Magazine), Sally Martens (Executive Assistant). BY MOYRA VAN NUS M ORE THAN 27,000 SAUDER ALUMNI around the world make up the network of knowledge and opportunity that the school’s graduates are part of. Back home at UBC, a dedicated team helps keep alumni connected through events, and other opportunities to connect with the school and invest in future generations.You might be interested in what they can do for you. STAYING CONNECTED • Organize a reunion—we can help! • Tell us where you are and what you’re doing so we can share it in Viewpoints—fill out a Class Notes form online or at an event. • Create an E-mail for Life account. • Make sure you’re receiving Viewpoints and our Alumni e-Newsletter. • Check your Sauder home page for Alumni updates and current events. • Participate in the Sauder Online Community. Soon, you will begin receiving a weekly announcement called “This week in Sauder” which will showcase speakers and events that we hope will be of interest to you. GIVING BACK • There are many ways to give back to the life of the Sauder School: mentor a student, recruit Sauder students, create a co-op student placement, share your experiences with current students, or support the programs that were meaningful to you and the people who made a difference in your life. • Once a year, External Relations hosts an Alumni Gala. Last year, the event featured Sir John Bond, Group Chairman of HSBC Holdings plc. In 2004, our guest was Howard Schultz, founder and Chairman of the Starbucks Corporation. Watch for details on the 2007 gala coming soon. • Attend our Alumni Network Speakers Series, which this year featured RBC Capital Markets Research Analyst Maureen Howe. • Volunteer to speak at our AlumniIn-Residence Mentoring Luncheon, which is designed to create opportunities for students to hear from key members of the business community. • Make a financial contribution—either in a single installment or a multi-year pledge that supports an area you’re passionate about. • Consider a gift of appreciated securities or include the Sauder School of Business in your will. ■ Moyra Van Nus leads development and alumni relations for the Sauder School of Business. She welcomes your comments at moyra.vannus@sauder.ubc.ca WINTER 2006 VIEWPOINTS 23 50 years, 27,000 graduates, 1 vision BY JENNIFER WAH Can 27,000 alumni share a single vision for a business school? Yes, if their vision is to change the face, the role, and the impact of business in the world. Yes, if they share roots in the past, a passion for the present, and dreams for the future. And yes, if their alma mater is alive with an energy and purpose that draws power to it. With 50 years of learning and leading behind us, the answer to this question is a resounding “yes” at the Sauder School of Business at UBC. The eight alumni on the pages to come are evidence of the differences, and common experiences that each graduate of this school takes with them. In this special anniversary issue of Viewpoints, our Alumni Points of View span more than five decades, myriad backgrounds, and equally varied career paths. Could the books on their bedside tables, or the music in their ears be part of what inspires them? MARK MUSHET Read on to find out. >> Back row, left to right: Praveen Varshney (BCom 87), Sarah Morgan-Silvester (BCom 82), Maureen Howe (PhD 87), Bill Sauder (BCom 48). Front row: Leo Basso (PhD 06), Christina Anthony (BCom 97), Paul Hollands (BCom 79), Bob Lee (BCom 56). Over the years, many notable personalities have participated in milestones and photo opportunities. WINTER 2006 VIEWPOINTS 25 Bill Sauder, BCom 48 Bob Lee, BCom 56 Home: Vancouver, BC Chair of International Forest Products Ltd. and Sauder Industries Ltd. Home: Vancouver, BC Chairman, Prospero Group Why this school? I planned to become a research scientist in chemistry, but I wanted to follow my father, who was in forestry. While I have fond memories of my time at UBC, I admit I was not a good student. Ambition and vision weren’t part of my life—I had to learn these traits. Why UBC? When I was in high school, most people didn’t go on to university, but I wanted the credibility and networking opportunities that come from a business degree. First job? After school, I worked for my dad, who said ‘you can take as much time off as you want, but the job starts in two weeks.’ These days, some new graduates have a sense of entitlement about taking time off. Early memories? Our class only had 30 students, and I’m still in touch with many of them. What was the school like back then? For air conditioning, we opened and shut a window. I remember buying milk at the old Campus Cupboard. Advice for new grads? New graduates need to be prepared to step into any position to learn the business. I started as a ‘joe-boy’ in my dad’s company, and tried every position at some point. Favourite class? Commercial Law with Professor Ralph Loffmark, who lectured without notes. I still use what I learned from that course today. What’s different now? Students learn more now from situations than from facts and figures. Advice to new grads? Develop a good reputation: it takes years to build, but you can lose it in minutes. Free time? Spent in my garden, especially with the rhododendrons. Classmates would not have expected… …That I would become a chancellor at UBC! Book on your bedside table? A book about Bill Bennett, which brings back memories of that time. Connections to Sauder? For the last 22 years, I’ve donated expertise, time and money to the school. It’s more thrilling handing Martha Piper a cheque from UBC Properties Trust than selling a major building in Vancouver. Most inspired by? My wife, Marjorie-Anne. She’s always been there to help and to hold me. Without her, I could not have been successful. Connection to the school? Investing in the school was the most charitable thing we’ve done. We wanted to give a gift, not buy something—there were absolutely no strings attached. Most inspired by? My father, Ron Bick Lee. He was 100 years old when I became Chancellor of UBC, and he passed away at 104. For two years after graduation, I ran his business while he recovered from a heart attack. He was proud: I didn’t lose his money and rounded out my education with real-life business experience. Favourite music? Nat King Cole and Tom Jones. What’s changed? New information technology has changed the way business is conducted. I’ve been using a Palm Pilot since 1995, so I feel pretty connected for an ‘old guy!’ When I graduated, I made $328 a month working at Canadian Packers. My goal back then was to make $10,000 a year from real estate investments. 26 VIEWPOINTS WINTER 2006 Leonardo Basso, PhD 06 Sarah Morgan-Silvester, BCom 82 Home: Santiago, Chile Faculty, Universidad de Chile Home: North Vancouver, BC Chair, BC Women’s Hospital & Health Centre Foundation After graduation? I became a faculty member in the Civil Engineering department of my old university, Universidad de Chile. Why Sauder? I grew up around tidal pools and wanted to be a marine biologist, but found the field limiting. Economics and business offer so many career choices. Why transportation? It makes such a big impact. People travel so much—every day, half their free time is spent traveling. Favourite class? Business Performance and Public Policy, taught by Tom Ross. Tom is a great instructor, and the subject unites applied information with its impact on public policy. Early memories of Vancouver? When I first moved here, I went out one night and got ready the South American way: I left home at midnight to go to a pub, and 15 minutes after ordering a beer, the owner turned out the lights and kicked me out. Sauder memories… I spent a year as co-president of Sauder’s PhD students’ society, and loved being able to interact with such a diverse group. How can Sauder students change the world? To make public policy changes and move towards sustainable options, you need technical skills and a strong voice. Secret energy source? Music. Music does empower you, and plays a huge role in my life. I can’t stop listening to the latest Tool album. I went to their Vancouver concert—what an amazing show! Most inspired by? My parents. They were very brave during dark times in Chile and stood for what they thought was right. Unknown about you? People are always surprised I played in a progressive rock band called Subterra, and that we recorded an album. It doesn’t seem to fit the profile of an economics professor. Early memories? The nightmare of registering for courses before computers! Everyone lined up according to their marks and had to collect computer punch cards to manually sign up for classes. Best skill from Sauder? Confidence—the Sauder experience wasn’t just book learning, but also practical knowledge. I felt it helped me develop and enhance my natural attributes. For example, during a leadership exercise, we used a computer situation to apply our practical skills to run a virtual company. Advice to new graduates? If you’re ever in a position where you’re not learning something new, it’s time to change. Also, be sure to make conscious choices, not choices of convenience. Connection to the school? I’ve been on the Faculty Advisory Board for some time, and became involved because Sauder feels like home. As a teaching assistant, I remember working in a little cubicle in the bottom of the Angus building. But even in that grotty space, I felt I was making a difference and belonged. Almost 25 years later, I still feel that way. Spare time? Courses in landscape design and textile arts. Most inspired by? My parents, through their unconditional love and support. Bedside reading? I have about 40 books stacked beside my bedside table. Two I’m currently reading are 50 Facts That Should Change the World and The Perennial Garden Guide. What are you most proud of? My children. WINTER 2006 VIEWPOINTS 27 Paul Hollands, BCom 79 Christina Anthony, BCom 97 Home: North Vancouver, BC President & CEO, A&W Food Services of Canada Inc Home: Vancouver, BC Director and Portfolio Manager, Odlum Brown Why Sauder? I was interested in business from an early age, and pretty early on figured out that I really wanted to be a marketer. However, I knew that to be good at marketing, I needed to study both marketing and finance. It seemed to me that the only place to do that was UBC. Why business? Throughout high school, I loved going to science fairs, but later realized I liked the presentation more than actual scientific research. After enrolling in sciences at UBC, I went to my first physics lab and hated it, and soon switched to commerce. Favourite class? Even though I was a marketer, my third-year finance course was one of my favourites. The professor was Jim Mao, who taught me an invaluable marketing lesson—he used a financial case study model to demonstrate how marketing and finance go together elegantly to make a great business. Most valuable Sauder experience? In my second year, I joined the Portfolio Management Program (PMP), where I learned about the financial markets by co-managing an investment portfolio for the university. Advice for new grads? Focus on the about the work you do—not the job itself, the title or the money. Do something you really want to spend your time doing, not something that looks good on a résumé. Sauder memories? POITS, running computer programs on punch cards, writing exams in the Armoury, Dan Gardiner when was in his first year of teaching. About your job… I have a great job for a couple of reasons. First, A&W is a great brand in a great industry and I get to spend my time working on it. For most Canadians, A&W is something special that goes back a long way in their lives. To work in a business that has such a heart and soul is a treat. Second, I get to work with the best group of people in the world. It sounds cliché but the the management team at A&W are a dream team. Inspired by? Jeff Mooney, our Chairman. I’ve worked with him for 26 years and. I learned more from him personally and professionally than I ever thought possible. On your bedside table? A new biography of Lord Nelson by Roger Knight called Pursuit of Victory. When you’re not at work? Family and community work. Maria and I have a wonderful son John who like most kids teaches his parents lessons about real life every single day. Besides being involved with Sauder I am on the Board of the St. Paul’s Hospital Foundation, and am currently the Chairman of the Canadian Association of Income Funds. And I’m a classic car buff. My baby, “Carmine” is a burgundy 1972 TRG convertible. 28 VIEWPOINTS WINTER 2006 Favourite things about the PMP? The program (now called the Portfolio Management Foundation) included internships, mentorships and practical experience. In fact, it guided me towards the field of finance. Right away, I started learning the social and business etiquette skills by going to dinner and interacting with people in the industry. Advice for new grads? It’s all about giving back. At the beginning, you may not have money, but give back with your time. As little as you think you know as a new graduate, you still know more than someone a year or two behind you. Most proud of? My family, my portfolio management business, and founding the Forum for Women Entrepreneurs. Oh, and being named one of the Top 100 Most Powerful Women in Canada by the Women’s Executive Council and The Globe and Mail. I love the passion that entrepreneurs bring to their work, and like to feed off their excitement. We started incorporating mentorships and internships at the Forum somewhat mirroring the model I saw worked so well for the PMP. Spare time? I love singing—at home we have a piano and karaoke machine. Family? My husband and I have a 15-month-old daughter, and I’m expecting a baby boy in February. Why Vancouver? I’ve lived in Frankfurt, New York and Seattle, but I always had my eye on returning to Vancouver. My whole family is here, and I wanted my children to grow up near their grandparents. Vancouver also has a vibrant business community, but lifestyle benefits too—it’s perfect! Praveen Varshney, BCom 87 Maureen Howe, PhD 87 Home: Vancouver, BC Director, Varshney Capital Corp. Home: Vancouver, BC Managing Director, RBC Capital Markets, Global Research Equity Analyst Why Sauder? My father started his MBA there (though he left to get his CA), so I was familiar with the school, and we lived close by as well. Why Sauder? During my PhD studies, I hoped to gain a deep understanding in finance, and the confidence to undertake my own analysis. Why a business degree? After a less-than-enjoyable first year of pre-Engineering, I questioned my career choice. I had taken Economics as an elective which allowed me to switch to Commerce. My father did well in business and I was always a bit of an entrepreneur, and being exposed to business helped nurture those tendencies. Did your degree help? Yes—in an industry where PhDs are rare, it provided me with the skill set and confidence to be successful. Favourite class? Statistics, as I use probabilities and decision trees all the time. My investment and business decisions all revolve around calculated risk-taking versus gambling. I even use that approach in my personal life! Best single experience from Sauder? Working to derive proofs that have no clear path to a solution is a scary proposition, but with help from teachers and fellow students, I learned to manage that uncertainty. I gained confidence in myself, and my ability to tackle problems that at times lack even remotely obvious solutions. Voted most likely to… Most likely to fall asleep at my wedding, since I have a habit of taking frequent power naps! About your current work… I get to run my own franchise! As an equity analyst that covers energy infrastructure, while I work under the RBC Capital Market banner, in many respects it’s like my own business Advice to new grads? Focus on building your personal brand equity through integrity—say what you mean and do what you say. Eventually, you’ll become the go-to person everyone wants to do business with. And remember—life is about action, not perfection. What keeps you busy? My husband and I love trekking. Last year we spent 10 days trekking in Bhutan, the world’s only Buddhist kingdom, and we’ll return there next year. While we didn’t see any snow leopards, the place is amazing—it’s like going back in time. On your current job… I’m involved with multiple projects in a variety of industries, I help build businesses from ideas, travel the world and meet new and interesting people all the time. By focusing on making money for our investors and shareholders, I also do well. Bedside reading? The White Nile by Alan Moorhead and Siddhartha by Herman Hesse. Most inspired by… My father, Hari. Considering he left his family to emigrate from India to Canada to start a new life with not a lot, he’s accomplished so much. Aside from business success, he’s been very involved in charity, community and along with my mother, ensured the family unit is strong. We still do an extended family holiday every year—my parents, us three kids, our three spouses, and six grandkids in tow! Family? I’m married with two grown step-boys, two fat cats, and one bearded collie, with another to arrive in early 2007. Why Vancouver? While it’s difficult to build a finance career here, Vancouver is worth the sacrifice. Every time I return home, I breathe a sigh of relief. Vancouver is such a beautiful and cosmopolitan city. It is a wonderful city in the best country in the world. Classmates would be surprised to learn that… I used to be a major junk food and candy junkie, but have really cleaned up my act! WINTER 2006 VIEWPOINTS 29 STUDENT CORNER Change will do you good I never applied to the Sauder School of Business BY MIKE SCOTT Indeed, when I submitted my application to the school in the fall of 2002, I applied to the Commerce program at UBC. It wasn’t until June of the following year that I would learn of the school’s seemingly momentous name-change, and I have spent the four years hence observing the changes the school has undergone. WHILE IT WOULD BE UNENLIGHTENED TO CLAIM ALL CHANGES AT the school in the last four years have been direct results of Dr. Sauder’s endowment, the event serves as more of a symbolic occurrence, signaling the school’s transformation into one of the country’s top business schools. And perhaps it has been this transition that has attracted some of the most diverse and intelligent minds from across the country to earn their undergraduate degree at Sauder. Since my entry into the school in the fall of 2003, there has been a notable shift in the types of individuals that the school attracts. At the risk of stereotyping myself to my own detriment, entrants into the school in 2003 generally possessed Einsteinian intellect—but perhaps not much else. Presumably this was due to the application process, which was based predominantly on high school grades, and gave little preference to students who had less than ideal academic records but were strong in other aspects of their lives. Recognizing that business students, more than those of other faculty, require more than just booksmarts, a part of Dr. Sauder’s endowment was apportioned for the institution of a broad-based admissions program that would make admission decisions based on a wider variety of criteria. The program is more complex, more expensive, and ultimately, completely worthwhile, as the types of students the school now attracts are much more diverse in their skill sets. And the benefits of the program are amplified as students from abroad recognize the school’s diverse student body and willingly migrate to the west coast to enjoy the celebrated Vancouver scenery (and its cursed weather). Outside the classroom, students now more than ever have opportunities to become involved in extracurricular activities. Opportunities to gain experience have grown increasingly accessible, and exist for every student regardless of his or her particular realm of expertise. The ability to gain such experience provides unquantifiable value-added to the résumés of undergraduates, especially considering that there are hundreds of ‘smart’ students graduating from the school each year. It is no longer enough to have a strong transcript—the academic portion of your résumé only comprises a small section of it. Increasingly, ‘soft skills’—developed largely through outside-the-classroom activities—are the differentiators between candidates. Increased extracurricular opportunities at the Sauder school of Business in recent years have allowed students to remain on equal footing with the best business school graduates across the country. The propagation of the school’s co-op program has further improved the employment prospects for young graduates. A relatively new initiative, the co-op program places students in employment positions related to their specializations as a way of developing on-the-job skills and providing students with much-needed experience. Available for students in the Accounting, MIS, Marketing, and T-Log options, the program has become known amongst students as a valuable way of developing relevant skills and—perhaps more importantly— industry contacts. While options like Finance lack any formal co-op program, various other work placement programs allow students in 30 VIEWPOINTS WINTER 2006 almost all specializations to graduate with not only an impressive academic distinction, but with a strong résumé of work experience as well. The institution and increasing popularity of these programs has been a welcome change for both students, who recognize the value of real-life training, and employers, who now have the opportunity to size up graduates’ talent in the years before their graduation. With continued generous endowment from private sponsors and a student body and administration that truly advocates positive change on a broad scale, there is reason to expect more changes going forward. As they occur, the benefits will accrue not only to the current students, but to all previous and future generations of students, as the reputation and awareness of the Sauder School of Business continues to grow both in Canada and abroad. To be sure, this is an exciting time for the school, one rich with opportunity and conducive to further changes. My only regret is that I won’t be around to see them. ■ Opening worlds BY LANDON KLEIS, CO-PRESIDENT OF THE PHD STUDENT SOCIETY A LITTLE OVER TEN YEARS AGO, I WAS FINISHING A BACHELOR OF commerce at Queen’s and couldn’t wait to get out of school. Though I enjoyed my undergraduate experience, I was happy to leave behind the Kraft Dinners and late-night studying. Signing up for another six years of school was not my highest priority. Yet, throughout my first years in the working world, my thoughts returned frequently to academia. Discovering the PhD program at Sauder was a watershed moment. Here was an outstanding institution with a program that promised financial support and supervision by top scholars in the field. Perhaps I could become a student again and indulge my love of ideas, inquiry, and education. Upon my arrival I was heartened to find similar passions among my colleagues, who brought with them an intriguing diversity of cultural, educational, and professional backgrounds. It quickly became apparent why the PhD program at Sauder is so well-respected: consistent with the undergraduate and professional programs, the Sauder approach to nurturing a new generation of business professors and researchers relies upon the creation of opportunities to excel. The program integrates and fosters our development in all three of our roles—as lifelong students, researchers and educators—while our faculty supervisors coach us at each step along the way. Now, mid-way through my studies, it strikes me that the creation of a top doctoral management program at UBC is a remarkable achievement. In only 50 years, the Sauder School has not only assembled a faculty of renowned management researchers, but has also created a program to entrust their knowledge and insights to doctoral students. As we make our way into careers at other business schools and professions, the Sauder traditions of academic excellence, collaboration and international networking will be opening worlds for many years to come. ■ Changing the world, one small entrepreneur at a time This is a study session held in the courtyard outside our classroom. We conducted lectures STORY BY CRISTINA CALBOREANU CAPTIONS BY NANCY LANGTON PHOTOS BY EISTON LO “We must not, in trying to think about how we can make a big difference, ignore and had guest speakers in the mornings, and the small daily differences we can make which, over time, add up to big differences then in the afternoons, that we often cannot foresee.” This past summer, six UBC students from the students got help on Sauder School of Business and the Faculty of Arts took the words of Marian their homework (note Wright Edelman, founder and President of the Children’s Defense Fund, to heart. that they have their FOR THREE WEEKS IN JULY AND “When Dean Muzyka first Division. “One of the students workbook open to the August, students participating in asked me eighteen months ago who approached me about doing page on which Brittany an innovative project aptly titled to develop the Africa Initiative, something in Africa had some is giving advice.) “Social Entrepreneurship 101: it was hard to know where to contacts in Kibera, Kenya, so Africa” worked with Kenyan start,” says team leader Nancy that’s how we ended up there.” youth to help develop socially Langton, Associate Professor in conscious entrepreneurial Sauder’s Organizational southwest of the centre of the endeavours. Behaviour and Human Resources Kenyan capital of Nairobi, Kibera Located approximately 5 km At left, from front: Quin, Hussein, Ababa, Mike, Kevin. At right, from front: Brittany Baum, Christopher, Frank. WINTER 2006 VIEWPOINTS 31 is one of the largest slums in designed as a pilot project to Africa, with an area of about 2.5 help Sauder students and faculty square kilometres, or 600 acres. members understand how to Approximately one million effectively exchange knowledge people, or more than a quarter and ideas across cultural borders. of the capital’s total population, Through extensive research live in this area beset by a dearth and support from the Sauder of basic government services, community, the students including provision of clean involved in SE 101 designed the water, and intense periodic ethnic course to be practical, applicable, clashes. Its name is derived from and sustainable in the local kibra, a Nubian word meaning context. “forest” or “jungle.” It is estimated The SE 101 team taught 15 that half of Kibera’s residents Kiberan youth, and worked are under the age of 15, and 80 extensively with four of them, per cent of Kiberan youth are whose innovative and socially- unemployed, making them conscious ideas, which included particularly vulnerable. food retailing, Internet commu- Based on a program designed nications, and the establishment by Sauder faculty members and of a kerosene depot, had the delivered to residents in the greatest potential to have a large downtown eastside of Vancouver, positive effect on the local the poorest postal code in Canada, community. the Social Entrepreneurship 101 (SE 101) project in Kibera was “I felt really empowered,” says Steve Waema, one of the The young woman on the right is Quin, one of the Kiberan youths in our class. Quin’s plan is to be a wholesaler of indigenous bananas in Kibera. On this day, she was conducting a market research survey to assess the interest in indigenous bananas, and what prices people would be willing to pay. A group of us (the Kiberan youth and UBC team) were walking through Kibera doing the market research and this attracted a lot of attention (which explains the others in the photo, all of whom are watching us conduct surveys). four Kenyan youth who worked at length with the Sauder team, 32 VIEWPOINTS WINTER 2006 The SE 101 project was a and who plans to open an learning experience for the UBC Internet café. “My business skills students as much as the Kenyan were greatly improved, and the youth. “Being part of a team that knowledge I have accumulated is shared many of the same values of great importance.” and passions that I have about “Business literacy helps This is a photo of row upon row of housing in the slum. Note in the very background the mosque and the nicer housing— the Kiberan slum is just at the edge of nicer housing and facilities. Much of Kibera does not have electricity, although some electricity is available by running illegal electrical lines from regular housing nearby. exchange and interaction.” the role of business education in young people to envision ways international development was of getting out of poverty and an exciting and educational doing something to help them- adventure,” says third-year Sauder selves and their communities, student Alia Somji. According to and eventually ensuring second-year Sauder student sustainable economic self- Eiston Lo, working with people reliance,” Langton points out. with different backgrounds and “Furthermore, the language of different circumstances was a business is a universal language lesson in “adaptation and and a tool for communicating flexibility.” and exchanging both products Back in Vancouver, the work and ideas. It opens people to the continues. “We are still working world of markets, and promotes to help some of these plans self-sustaining educational program faculty and student exchanges,” through the collaboration of a says Langton. “It would be won- variety of partners, including derful if we could develop some universities and students in research collaborations through Canada, youth organizations, this process as well.” Canadian and Kenyan businesses, This is one of the many market areas within Kibera. Note that the market consists of small covered stalls (foreground) and small shops (background.) Most shops and stalls specialize in just a few products: for instance, cellphone cards, or bread, or beverages. Many of the students enrolled in our class were envisioning opening small “shops” similar to what we see in this photo. get funded,” Langton explains. receive mentoring and financial “The biggest challenge that we assistance to get their businesses face in going forward is creating off the ground.” partnerships so that the youth we work with during the summer “I hope lots of Sauder the Canadian government, students, faculty, and staff will including the High Commission become involved in future in Kenya and the Canadian years,” Langton adds. “Doing International Development volunteer work is a great Agency, and of course local experience, and the African youth. initiative provides all of us with “While we will continue and the opportunity to use our skills expand the business plan project, to help those less fortunate than I hope to see other types of proj- ourselves. At the same time, we ects develop as well, including can learn much from the people microfinancing, consulting, and that we try to help.” ■ This was our graduation photo—all of the Kiberan youths are wearing Sauder ball caps. The little boy on the left was one of the many children who were always hanging around, watching us with great interest. He’d sneaked into the picture! The SE 101 team is working to turn the pilot project into a This is Frank, one of the students in our class. He is seen here building a solar panel. The radio on the table is powered by a solar panel. The solar panel building went on in the courtyard outside our classroom, and a number of the youth in our class worked on this project. It had been developed by KYCP, the youth organization that helped us recruit Kiberan students into our program. Front row, from left: Cephas, Alia Somji, Ababa, Brittany Baum. Middle row, from left: (unidentified child), Frank, Sarah Malleson, Kathy Cochrane, Josie Wong, Quin, Canto, Patrick, Simeon, Eiston Lo. Back row, from left: Robert, Christopher, Hussein, William, Steve, James, Erik, Emmanuel Nsabi*, Kevin Emmanuel is a master’s student at Maryknoll Institute of African Studies of Saint Mary’s University of Minessota (MIASMU), in Nairobi. He helped us find guest lecturers for the class, attended most classes, and has continued to help us build our network of partners. WINTER 2006 VIEWPOINTS 33 Sauder Faculty INSIDER INFORMATION Charles Weinberg delivers keynote marketing speech in Alberta Sauder’s Charles Weinberg, SMEV Presidents Professor in Marketing and Professor and Chair, Marketing Division, delivered the keynote address at the 2006 SMART conference (International Academic Conference on Social Marketing) at the University of Lethbridge. Weinberg’s presentation, entitled “Social Marketing: Barriers to Success,” discussed a number of both successful and unsuccessful social programs and explored why many social marketing programs have not succeeded in reaching their goals. Weinberg’s presentation also suggested that the social behavior advocated must be considered in the context of the organization advocating it and their competitors. The Center for Socially Responsible Marketing at the University of From left to right: Mark McCoy; Allen Manser; Julia Fan Li; Andrew Grieve (with trophy); Kin Lo, CA Professor in Accounting. Lethbridge hosted the second biannual SMART conference October 19-21 to provide an intimate forum for presenting and discussing high-quality theoretical and empirical social marketing research. Sauder team captures title at world competition A team of four undergraduate students from the Sauder School emerged Sauder professor leads MBA march to sustainability victorious at the Copenhagen Business School Case Competition on The launch of a Sauder MBA program with a specialization in March 3, 2006. Sustainability and Business underscores a fundamental change in Andrew Grieve, Julia Fan Li, Allen Manser, and Mark McCoy beat today’s business and government environment: Businesses of all out eleven other teams from around the world in two rounds of kinds now find their corporate ethics and their environmental impact competition to capture the title. held up to scrutiny by governments, consumers, and shareholders. “Going in, we felt as if we were the underdogs,” noted Professor The inaugural program, coordinated by Sauder professor Peter Kin Lo, the faculty advisor for the Sauder team. “We had been invited Nemetz and guided at the School by senior associate dean Dale to participate in this event only in early February. It is quite a Griffin, professor Brian Bemmels, and MBA Programs assistant monumental accomplishment on the students’ part to gel together in dean & director Wendy Ma, will offer 2006-2007 MBA students a such a short time to produce a winning performance. I think the win business education in the realms of environmental economics, also says a lot about the quality of our School’s programs.” sustainable development, and corporate social responsibility. Teams were presented with challenges facing the case company, “The goal of achieving sustainable development is arguably the Danfoss, a manufacturer of heating and cooling system components greatest challenge mankind has ever faced,” says Nemetz, who is headquartered in Denmark but with operations worldwide. After 31 the author of “Bringing Business On Board: Sustainable Development hours of analysis, the twelve teams presented their recommendations and the B-School Curriculum.” to a panel of distinguished judges from industry and academe. Three “Only with the active engagement of the business community finalists, from China, Singapore, and Canada, were selected to proceed is there any realistic hope that our economic, social, and ecological to the second and final round. systems can achieve sustainability. This will require early exposure to Teams from Tsinghua University from Beijing, National University of Singapore, and the Sauder School presented to a packed auditorium of 500, and countless other students, friends, and family who watched the live webcast on the Internet (www.casecompetition.com). Leading up to the official announcement of the winner, Nicholai the core concepts by embedding them in business school curricula,” he says. The specialization was created through an initial collaboration between the Sauder School of Business and the UBC Faculty of Forestry. Both faculties have seen increased demand from industry, Tandrup, Danfoss’ Senior Director of Corporate Strategy and Business alumni, and prospective students for graduate education that Development, noted, “The winning team demonstrated a deep recognizes the convergence of business management and leadership understanding of the case company and presented a holistic strategy.” skills with environmentally and socially sustainable practices. Moments later the room erupted with applause and a standing ovation for the winning Sauder team. 34 VIEWPOINTS WINTER 2006 BITSAFS Director joins Transport Canada ITS Architecture Steering Committee Venture Capital.” The WFA is a professional society administered As part of its program to update the Intelligent Transportation Systems development and application of research in finance. for academics and practitioners with a scholarly interest in the (ITS) Architecture for Canada, Transport Canada has invited Garland Chow, Director of the Bureau for Intelligent Transport Systems and • the Commonfund Institute Award for the “Best Paper Relevant to Freight Security (BITSAFS) at Sauder School of Business, to its Foundation and Endowment Asset Management,” presented at the steering committee. European Finance Association 2006 Annual Conference, Zurich The ITS Architecture for Canada was released in 2001 to provide Switzerland, August 2006. He also received the 2006 Moskowitz a framework for Intelligent Transportation Systems deployment and Award (honorable mention) for “Research on Socially Responsible integration across the country. ITS developments in the United States Investment.” and at border crossings across Canada have necessitated revisions to the Architecture. The update is considered particularly important to Canada, given the country’s magnitude of trade with the United States, • Jeff Kroeker, Lecturer, Accounting Division, was awarded the Len Henriksson award in May, in recognition of his enthusiasm and increased investment in transportation infrastructure. for teaching and genuine interest in students inside and outside the classroom. A Sauder formula to find BC’s fastest, strongest companies Sauder professor James Brander teamed up with accounting firm Ernst Marcin Kacperczyk, Assistant Professor, Finance Division, won • Martin L. Puterman, Professor, Operations and Logistics Division, & Young LLP to come up with the BusinessBC Top 100 companies list, was appointed as an INFORMS Fellow. This honour is given by published by The Vancouver Sun in October. the Institute for Operations Research and Management Science and Like last year, the list has been divided into two groups to is reserved for distinguished individuals who have demonstrated recognize distinct business categories in British Columbia: “fastest- outstanding and exceptional accomplishments and experience in growing” and “strongest.” BusinessBC’s “fastest-growing” list was operations research and the management sciences. led this year by Lundin Mining Corp, while the list of “strongest” companies was headed by Silver Wheaton Corp. • According to Brander, who developed the formula behind the Martin Schulz, Associate Professor, Organizational Behaviour and Human Resources Division, has been appointed to the position sophisticated analysis, the fastest-growing list looks at variables not of associate editor with Management Science. The publication is a readily available, such as revenue and employee numbers, in an effort scholarly journal that publishes scientific research into the problems, to capture the impact the companies have on BC, something most top interests and concerns of managers. Management Science also 100 company lists don’t do. publishes relevant articles that seek to stimulate research in emerging Brander’s formula creates a process that is more time-consuming, domains, such as those created by economic globalization, as team members from both The Vancouver Sun and Ernst & Young had to public policy shifts, technological improvements, and trends in physically review financial statements for each company and call each management practice. company to ask for employee numbers. But as pointed out in the Sun, the end product was a list more meaningful for the province generally • Anming Zhang, Professor, Operations and Logistics Division, was runner-up for “Best Conference Paper Award” at the Canadian and not just to the investment community. Transportation Research Forum’s 41st Annual Conference held in Sauder faculty garners national and international awards Quebec. Faculty and staff at Sauder have been recognized with a number of awards in the past several months. The following is a summary of some of their many achievements: • Rui (Juliet) Zhu, Assistant Professor, Marketing Division, received Marketing Science Institute’s Young Scholars award. The Institute selects a small number of the most promising young scholars as • Thomas Hellman, Associate Professor, Strategy and Business potential leaders for the next generation of marketing academics. Economics Division, won the NASDAQ award for “best paper on capital formation” at the Western Finance Association (WFA) annual meeting held in Keystone, Colorado. The research paper is called “The Importance of Trust for Investment: Evidence from To learn more about the research being conducted by Sauder faculty members, visit www.sauder.ubc.ca WINTER 2006 VIEWPOINTS 35 Earning interest BOOKS BY SAUDER FACULTY MEMBERS (2003-2006) Cost-Benefit Analysis: Concepts and Practice, 3rd edition Government Policy Toward Business, 4th edition James A. Brander Anthony E. Boardman, David H. Greenberg, Aidan R.Vining David L.Weimer Airport Performance Benchmarking: Global Standards for Airport Excellence Tae H. Oum, David W. Gillen, Chunyan Yu, and 9 other professors from around the world Linking Industry and Ecology: A Question of Design Ray Cote, James Tansey, Ann Dale (Eds.) Changing Japanese Business, Economy and Society: Globalization of Post-Bubble Japan Fundamentals of Organizational Behaviour, 3rd edition What motivates fairness in organizations? Masao Nakamura (Ed.) Nancy Langton, Stephen P. Robbins Stephen W. Gilliland, Dirk D. Steiner, Daniel P. Skarlicki, Kees van den Bos (Eds.) The Law and Economics of Canadian Competition Policy. Winner of the 2003 Douglas Purvis Memorial Prize for outstanding contribution to Canadian Economic Policy. Ralph Winter, Michael Trebilcock, Edward Iacobucci, Paul Collins International Finance, 4th edition Organizational Behaviour: Concepts, Controversies, Applications, 4th Canadian edition Nancy Langton, Stephen P. Robbins Maurice D. Levi Sustainability Assessment: Criteria and Processes The Economics of Accounting: Volume II—Performance Evaluation Peter O. Christensen, Gerald A. Feltham Robert B. Gibson, Selma Hassan, Susan Holtz, James Tansey, Graham Whitelaw Emerging perspectives on values in organizations Air Cargo in China (in Chinese) Stephen W. Gilliland, Dirk D. Steiner, Daniel P. Skarlicki (Eds.) George W. L. Hui, Lawrence C. Leung, Waiman Cheung,Yer Van Hui, Anming Zhang La Representación Contable y el Modelo de Capas-Cebolla de la Realidad: Una Comparación con las “Ordenes de Simulacro” de Baudrillard y su Hiperrealidad Richard Mattessich 36 VIEWPOINTS WINTER 2006 Air Cargo Logistics Industry in China and Hong Kong George W. L. Hui, Lawrence C. Leung, Waiman Cheung,Yer Van Hui, Anming Zhang (Ed.) Management, 8th Canadian edition Stephen P. Robbins, Mary Coulter, Nancy Langton Earning interest BY TRENDS, TIPS, AND TIDBITS ROB MCMAHON This edition of Earning Interest Drive-in theatres looks back over the past half- Fifty years ago, many folks decade, and finds that while watched the 1956 Oscar winner some business trends have for best picture, Around the World in shifted wildly, others carry 80 Days, from inside their cars. echoes from the 1950s. That year, Canada’s 237 drive-in theatres generated nearly $5.4 Seminal business works from the 1950s million in revenue. Since then, drive-ins dropped Professor James Brander, a Professor in Sauder’s Strategy Is Elvis still the King? and Business Economics Division, This October, Elvis ended his offered two examples of business reign as the top-earning dead works published in the 1950s celebrity. According to Forbes, that still resonate today. former Nirvana leader Kurt A 1958 article written by Cobain replaced The King when Modigliani and Miller called his estate earned $50 million US “The Cost of Capital, between October 2005 and Corporation Finance, and the October 2006. The jump in Theory of Investment” in the revenue came after his widow American Economic Review is possibly Courtney Love sold 25 percent the most cited paper ever of the Nirvana song catalog to a published in corporate finance. music publishing company. Elvis, As well, Duncan Luce and the same period, had dominated Games and Decisions started the Forbes’ list since its inception six serious application of game years ago. The market for laptop and in popularity, as seated cineplexes, notebook computers is growing, VCRs, and DVDs cut into the perhaps due to the greater market. Now there are just availability of wireless Internet 61 operational drive-ins in services, according to Ipsos the country, according to Canada’s “The Face of the Web” www.driveinmovie.com. study of global Internet trends. A June 2005 study found that global notebook PC ownership grew by eight percentage points in 2005, while desktop PCs ownership growth stagnated for the first time. By the end of 2005, 24 per cent of households around the world owned who earned $42 million during Howard Raiffa’s 1957 book Wireless Internet a notebook PC. Ipsos speculated that with more people owning laptops, However, a recent Statistics patterns of PC and Internet use Canada report suggests a revival. will change—especially in more The Motion Picture Theatres developed global markets with Survey released on July 14, greater access to wireless Billboard’s Top 5 albums in 1956: 2006, found Canadians are networks. While nearly nine out attending more movies, and of 10 users still mainly access 1. Elvis Presley - Heartbreak Hotel households spent an average of the Internet from home, nearly $112 on trips to movie theatres twice as many Internet users Countries that joined the UN in 1956 (up from $106 in 2003/04). logged in at a bar, café, This increase, states the restaurant, or airport in • Japan report, was mainly due to a • Morocco 20.4 per cent rise in attendance • Sudan at drive-in theatres. • Tunisia theory and theory of choice under uncertainty in the business disciplines. 2. Elvis Presley - Don’t Be Cruel 3. Nelson Riddle - Lisbon Antigua 4. The Platters - My Prayer 5. Gogi Grant - The Wayward Wind 2005 than 2004. WINTER 2006 VIEWPOINTS 37 CLASS NOTES Share the highlights of your year or even the last few months with your classmates, faculty and friends! Class Notes are now easier than ever to submit—simply fill out the online form at www.sauder.ubc.ca/alumni/classnotes and we’ll print your update in the next edition of Viewpoints Magazine! 1950s John Bishop, BCom 1958 After 33 years in Retail Merchandising with Woodward’s in BC and Alberta and before that, 38 months in Accounting with Canadian General Electric in Vancouver, Peterborough and Ottawa, I retired in 1992 having had a very rewarding and satisfying career. While at Woodward’s Stores Ltd., I held the positions of Oakridge Shopping Centre Manager, Buyer, Merchandise Manager, and had the opportunity to travel throughout the Orient. After retiring, I formed Bishop Agencies and worked as a retail consultant—including helping Woodward’s during the time the company was in receivership and having to close all of their stores (a sad time for me). Bishop Agencies was also the sole supplier of hats for the Victoria 1994 Commonwealth Games. After the Games, in August 1994, I fully retired; however, I became busier than ever doing volunteer work and involving myself in many community activities and sport. I am presently Past President of the BC Seniors Games Society (5,000+ members), Board Member on the North Shore Safety Council, Vice-President of the North Shore Optimist Club, and President of the Woodpens’ Club (Woodward’s 38 VIEWPOINTS WINTER 2006 retirees-membership 600+). My recreational activities include Tennis, Golf, umpiring Slo-pitch baseball and spending many hours working in the garden with my wife, Sharon. Sharon and I will be celebrating our 50th wedding anniversary on May 24th, 2008—how time flies! We have a wonderful family—two sons and two sons-in law and two daughters and two daughters-in law, seven grand daughters and four grandsons. We are very lucky to have all of our family living near to us and we really enjoy spending frequent time together—family celebrations, an annual family holiday and at our second home in Whistler. 1960s Bjorn W. Meyer, BCom 1962 After graduation, I had 10 years with Crown Zellerbach Canada in sales and marketing. In 1972/73 I entered real estate sales. After 5 years in residential and land development, I went into commercial and investment sales. I took the 4-year urban land economics diploma course and enjoyed the business tremendously. Not always easy, sometimes stressful and worrisome (when is my next pay cheque coming?), but also very stimulating. I was also a branch office manager for MacAulay Nicolls Maitland. Then I started my own firm in downtown Vancouver, Nor Can Realty Services. Our niche market was sale of smaller to medium size revenue buildings, commercial, multi residential and some industrial. I retired in 1997, but came out of “mothballs” in 2001, but by 2003 I realized the world was getting along fine without me, and I felt I did not have quite the spark anymore. I have been happily retired since. My wife Ruth and I moved to Coldstream by Vernon three years ago, to be close to one of our sons and wife and four wonderful grandchildren. We also have one grandson in Seattle, so we are very content. We ski a lot in the winter, sing in a community choir and travel around in BC, Canada and abroad when the occasion seems right. I think back on my years in Commerce with a great deal of satisfaction and happiness. It was truly a highlight of my life, and I treasure the memories. I have regular contact with one of my classmates, and seldom hear from any others. Life is truly wonderful! Barry Hitchens, BCom 1968, MBA 1970 Completed two overseas projects in 2006 engaged in assisting Central Banks of new and reforming countries to better manage their currency reserves. My most intriguing assignment was one month in Belgrade, Serbia. 1970s Ken Hallat, MBA 1970 After acquiring Okanagan Springs Brewery in 1995 for 11 million dollars via a small public company called Allied Strategies, we were able to grow the sales from $17 million to $265 in a little over 10 years to become the third largest brewery in Canada and the leading premium beer company with a portfolio of 35 brands sold through our direct sales force, using our own warehousing and trucking-logistics system and sold the company (renamed Sleeman Breweries after an acquisition) for $424 million to Sapporo Breweries of Japan in mid October. I am a founding director and shareholder of Allied Strategies and then Sleeman Breweries. Ray Mack, BCom 1973 After obtaining his BCom degree in 1973, Ray articled in Vancouver and then moved to Calgary in 1976. He became partner in 1977 and since then, he has served as a member of the CICA Board of Evaluators (BOE), chaired the ICAA Nominating Committee, served as a member of Council from 1997 to 2001, including president in 2000/2001. His involvement was recognized by the Institute of Chartered Accountants of Alberta and was awarded a Distinguished Service Award. Ray was also the President of DFK Canada, a major international network of independent accounting firms. In 2000, Ray was awarded the Fellow of the Chartered Accountant designation. Doug Buchanan, BCom 1976 Doug went on to law school after he obtained his BCom degree and is now the National Managing Partner at Davis & Company LLP–the only national/international law firm headquartered in Vancouver (other offices in Toronto, Montreal, Calgary, Edmonton,Yellowknife, Whitehorse and Tokyo). CLASS NOTES Lorne Mackenzie, MBA 1976 1980s Busy year with our KFC Restaurant operation in Mission, BC. Off to India in September 2006 to teach and help launch UCFV’s new BBA degree program in Chandigarh. Dennis Nelson, MBA 1976 This was my 15th year with BC Hydro, following management roles with The Jim Pattison Sign Group, Kirkland and Rose, and over a decade with General Electric. Pat and I are proud to see our daughter, Michelle, heading towards graduation in Food Sciences at UBC, and our son, Scott, completing his transfer courses for business, while working full time at Southern Rail. We have had a great summer, traveling with the Triumph car club to Oregon, and a visit to Monterey to photograph condors, and race cars, while attending an energy conference. Bob Matheson, BCom 1980 HR Partner at Dale Matheson Carr-Hilton LaBonte, Chartered Accountants. Always looking for the best UBC grads! Richie Speidel, BCom 1983 In 2005 I was appointed as BC Director for the Navigators, a Christian non-profit organization working with students, churches, and business people. In the fall of 2006 my eldest son Brad entered UBC in 1st year Applied Science (which was almost as exciting as him entering the business school). I am entering my 4th year as Head Coach for Ladner Boys Soccer Club and also coach two teams. Rick Christiaanse, BCom 1986 I returned from Seoul, Korea last year after a great year in Asia. Currently working with Shift Networks in a VP role. Craig Hill, BCom 1986 I am a partner in the Toronto office of the law firm of Borden Ladner Gervais LLP, specializing in insolvency and restructuring. Dale T. Crosson, BCom 1978 With the absorption of the British Columbia Buildings Corporation into the Ministry of Labour and Citizen Services, the role and responsibilities of my position as a Portfolio Manager have changed. My wife Nancy and I have again changed our residence to a home in the Saxe Point area of Esquimalt. I continue to ski at Whistler, ride my Honda Valkyrie motorcycle, and have plans to travel to Argentina this fall. David McIntosh, BCom 1981 Life is cruising along fine! Paul V Azzopardi, MBA 1987 “Investments and Finance – A Common Sense Approach” was published by Progress Press in Malta. Sold three firms in the financial services sector which my wife Jennifer and I had set up fifteen years ago on my return to Malta from UBC. In July, Paul, Jennifer and the two children (Warren Paul and Marie Claire) came back to Canada this time as permanent residents. We have bought a house in Oakville and intend to settle here and become Canadian citizens. Quite an eventful year! 1990s Sandy Kersey, BCom 1990 Well, it has been a while since I’ve heard from or seen most of my fellow classmates. I now have a son Langdon (grade 2) and a daughter Makena (K). I married Rob in 1997 and have lived in Vernon since 1993. I never thought I’d stay in Vernon after articling with Vernon’s KPMG, but here I am—what a great place to live! I am currently with Tolko Industries as the Internal Audit Manager—a far cry from the Marketing option and a sales position with London Life that started off this journey in 1990... I fondly remember many POITS and Commerce Cruisers Hockey. WINTER 2006 VIEWPOINTS 39 CLASS NOTES Martha Kertesz, MBA 1990 Using my MBA 24/7—although my husband now calls it a “Masters in Baby Administration.” We have 3 girls - ages 3, 2, and 1 (yes... born in 2003,2004, and 2005!). So I have not only been productive lately but also using all of my “Organizatrix” skills. Kersti Krug, MBA 1990 After a rather successful career with the City of Vancouver, the Vancouver Museum, Simon Fraser University, the Auditor General of Canada, and the National Gallery of Canada, I returned from Ottawa to this university to find out if what I had been practicing—often as the only woman at the management cadre— was actually grounded in the theories and lessons taught in the MBA program. Apparently I hadn’t been far off, but I must say that having it confirmed and hanging the degree on my wall made me feel a lot more confident. As a result of returning to UBC and networking with people here, I stayed on, working first at the Museum of Anthropology, from 40 VIEWPOINTS WINTER 2006 which I took partial leaves to complete my interdisciplinary PhD in organizational culture, leadership, and change. From there I moved on to the Dean’s Office in the Faculty of Graduate Studies where I immersed myself in its dual mandates: research and strategic development in graduate education and faculty development in FoGS’ interdisciplinary schools, institutes, centres, colleges, and graduate programs. In parallel, I returned to the Sauder School of Business to teach my favourite course—Social, Nonprofit, and Public Marketing. So a wonderfully rich balance of my passions for graduate education, management, teaching, and interdisciplinarity. What is becoming increasingly evident to me is that as careers move forward, they also come around full circle. Today, I’m immersed as participant observer in organizational culture, leadership, and change as the Faculty splits its dual mandates into a Faculty of Graduate Studies and a College for Interdisciplinary Studies. Though the decision was a tough one, I’m heading with the latter. Interdisciplinarity is bred closer to the bone. But my gratitude for what I learned in the MBA program is that while I participate as an actor, I can also observe as a scholar how institutions change, how leaders make decisions, and how organizational cultures influence both. There’s a book in here somewhere. Suzanne Stelmock, MBA 1990 This year I celebrated my 50th birthday and retired from my career in Telecom and Management Consulting. After living on the Sunshine Coast of BC for the past three years, my husband, Richard, and I plan to finish outfitting the boat for offshore, and head off in the fall 2007 to sail the Pacific. Anjili Bahadoorsingh, June Wing, MBA 1990 I have been working as a realtor in Victoria, BC since 2002 and am currently with Pemberton Holmes. After resigning as a C.A. in 1994 and pursuing graduate studies in counseling, I finally discovered a passion for selling real estate. One of my big interests is working with buyers relocating to our beautiful city. Stay in touch at www.victoriarealestateadvisor.com Shane Gunther, BCom 1991 UBS Investment Bank is pleased to announce that from October 2, Shane Gunther will become Head of Equities Research for UBS Securities Japan Ltd, reporting to Mark Steinert functionally and Andrew Hunter and Taichi Takahashi, Co-Heads of Equity locally in Japan. Shane will become a member of the Japan Equity Management Committee and Equities Research Management Board (RMB). Shane joined UBS in 1999 and has in excess of ten years of equity research experience in Asia. Prior to his current Hong Kong-based role as Asian Equities Product Manager, Shane was Head of Research for our top-rated Thailand research team for four years. Over the past two years Shane has overseen the Asian Research product which has consistently ranked highly with clients and in external surveys including this year’s unprecedented 5th consecutive top ranking in the Institutional Investor survey. BCom 1990, LLB 1994 I am delighted to announce that my husband, Gary Khan (BSc 1984) and I welcomed Ariya Mila into the world on January 8, 2006—a sister for Anikha Janna, who turned three in November. I have my hands full these days—I am a partner at the national law firm of Heenan Blaikie LLP, practising in the area of corporate/commercial law, with a focus on real estate finance and commercial lending; and, together with my two sisters, own and operate The Blue Monkey Baby Emporium Ltd.–an online e-tailer and wholesaler of resort wear and vintage clothing for babies and toddlers from Trinidad & Tobago, and manufacturer of the exquisite and luxurious Bisous de la Maison Benoit down-filled baby sleepsacks (www.thebluemonkey.ca). Aruna Bahadoorsingh, BCom 1993 The highlight of Aruna Bahadoorsingh’s last year was the newest addition to her family- another baby boy! She and her husband, Dr. Idan Khan (BSc 1991), now have two sons— Aidyn Navin (3 years old), and Aryn Devan (1 year old). They recently CLASS NOTES moved into a wonderful new home in Cariboo Heights, Burnaby. Aruna continues to run her baby business, The Blue Monkey Baby Emporium Ltd, with her two sisters, Anjili and Sareeta (also UBC graduates), retailing and wholesaling innovative baby products produced both in Canada and in her homeland of Trinidad and Tobago. The 3 recently acquired successful West Vancouver company—Bisous de la Maison Benoit—a young company which designed and produced the finest down-filled baby sleepsacks—the safer alternative to baby blankets. Aruna and her sisters hope to take the Bisous product to the next level and expand its target market to other areas around the globe. The company enables Aruna to combine her two interests and areas of education— Marketing/Commerce and Design and couple it with her current focus—children—for a perfect business fit! www.thebluemonkey.ca recognized in the past as one of Canada’s Top 50 best privately managed companies. Also, in July of 2006, I married Sheheen Mithani (BSc. UBC 1996) who is a Naturopathic Doctor at Bloom Family Wellness in North Vancouver. So far, it’s been an outstanding year! Dan Stringer, BCom 1995 My wife Jennifer Breeze (BCom ‘95) had a little girl on April 21, 2006 named Delaney Bree Stringer. And we thought we were busy before.... Stephen Ward, MBA 1993 Highlight of the year was a 3 week holiday with my wife Renata and daughter Amber (5). Workwise I’m still with IBM, responsible for the hardware used to serve IBM’s outsourcing customers in Europe. Managing a team with people in so many countries makes it a very interesting job. Keith Willoughby, MScB 1993 I am a Senior Operations Research Specialist with the Health Quality Council (Saskatoon, SK), an independent agency that measures and reports on the quality of health care in Saskatchewan, and works with our partners in building a better health system. Lisa Forrest, MBA 1994 Still happily married to Craig, we have 2 children now. Family is GREAT! Taking a wee break from work to look after little ones Elizabeth and Douglas. Jan Masek, BCom 1995 Ken Sim, BCom 1993 Ken Sim, along with his business partner, John DeHart, has won the 2006 Ernst & Young Emerging Entrepreneur of the Year Award for the Pacific Region. Ken graduated in 1993 with a major in Finance and has since had major success in building a home healthcare company. The two co-founders of Nurse Next Door have built an idea at a coffee shop into one of the largest home healthcare companies in the province in only 5 years. acquire a competitor in Northern Germany, a complex yet fun transaction which we signed in August. We will be back in Canada this winter for some Heli-Skiing around Lake Louise and Banff. Hope to be back in Vancouver for a visit sometimes next year. Rahim Dadani, BCom 1994 2006 will prove to be one of the most exciting years in my life— getting married and taking on a new role with an award winning Company! In May of 2006, I became the Vice President of Branch Operations for the White Paper Company, a fine paper and print distribution company that has been After having moved back to Germany last year, Susanne and I finally decided we had lived long enough as tenants. So we went and bought a beautiful villa outside Frankfurt in a picturesque little town called Königstein. All of a sudden, “home” has a different meaning. I am still with JPMorgan, working as an M&A execution professional out of our Frankfurt office, focusing on German and Swiss clients. Times for us bankers are still good, but if you have been in the industry for the past decade, then you know that the party will not last forever. This summer, I helped a listed DYI chain Albert Kaan, BCom 1996 In 2004, I did the final semester of my Rotman MBA at Tsinghua University in Beijing. I met my wife-to-be in Beijing and moved from Toronto at the start of 2005 after our wedding. Aside from the shock of my life changing career, language, culture, marital status and other things all at once, I’ve been having the time of my life going wherever Jesus leads me. Now my wife and I are helping a MBA classmate to start his language and vocational training school (www.bilingochina.cn). WINTER 2006 VIEWPOINTS 41 CLASS NOTES 2000s Amy Yeung, BCom 2000 Linda Lam, BCom 1997 Linda Lam and her husband Dan Wong are delighted to announce the safe arrival of their daughter, Sydney Wong, on August 30, 2006. Sydney weighed 7 pounds 11 ounces at birth. The family currently resides in Toronto where Linda practices corporate and securities law. Marcus Cheng, BCom 2000 Miami Heat: 2006 NBA Champions! Louise Lang, BCom 1999 My husband Douglas and I welcomed our first baby, Ryan on December 21, 2005. We are currently working in Bermuda. Dana Cooper, MBA 1998 I am very excited to be announcing the creation of my new business Contact Consultants. Contact Consultants provides training, coaching and consulting services in customer communication strategies. Lisa Kramer, PhD 1998 Lisa is still an assistant professor at the University of Toronto, up for tenure review this fall. She and husband Mark (who now also lives in Toronto) are enjoying the arts life and excitement of the big city. 42 VIEWPOINTS WINTER 2006 James Nevison, BCom 99 James is the national best-selling co-author of two wine books, and the third has just been published—Had a Glass 2007. He is a wine writer/educator/consultant, currently based in Vancouver, BC and London, England. His tastings have taken him to all six wine-producing continents, and he’s always looking for the next wine adventure. www.halfaglass.com Sean Curley, BCom 2000 After spending the summer traveling in Thailand, I started a new career with a Vancouver-based company listed on TSX Venture Exchange called Global Financial Group (GFG). We are in the process of developing a new securities exchange with the vision to commoditize commercial real estate assets. It’s an exciting time, especially in the midst of a booming real estate market, and it’s great to be doing something more entrepreneurial. Since graduation I was awarded the Chartered Financial Analyst (CFA) designation and I completed Sauder’s Real Estate Trading Services Course. Send me an email and let me know what’s up: sean_curley@hotmail.com Just organized a luxurious boat trip for the UBC Alumni Association in Hong Kong. The response was overwhelming; we got 2 boats out, and enjoyed seafood and water sports with more than 40 participants. My personal news: got my wedding pictures taken in Taiwan lately with my fiancée, and joined AIG the American International Group as Regional Director of Business Development for SE Asia Regions in Bancassurance and Retirement Services. Enjoying life with wedding preparation and gathering with UBC buddies & alumni in HK. Teresa Wong, MBA 2000 Doing great in Hong Kong. CLASS NOTES department as an operations and portfolio management process analyst. Both are different environments with their unique challenges. Would love to re-connect with classmates! I can be reached at: vanessa_jang@yahoo.ca. Wayne Yu, DULE 2000 Wayne Yu, CCIM, FRI, CLO, CRES, R.I.(BC) was elected as President of the CCIM Institute, Western Canada Chapter. Pial Islam, MBA 2001 After 5+ years as a Consulting Manager for Capgemini (Ernst & Young), Pial returned to school for another graduate degree. He is currently attending Harvard University’s Kennedy School of Government as a Mason Fellow, working towards a Masters in Public Policy & Management. Hakan Telenius, MBA 2001 A year of transformation, challenges and personal growth: leaving my VC employer of 5.5 years; working as consultant; and now focused on entrepreneurism—all the while having the most stimulating year ever with my family and also getting involved in local governance. Vanessa Jang, BCom 2002 Andrea Niosi, MBA 2001 Married to Michael Burke on September 23 2006. Michael (Forestry 2000) and Andrea (Political Science 1995; MBA 2001) are both UBC Alumni and live, work, and play in Vancouver, BC. I recently returned from an amazing five months of travel and volunteer work in Mainland China, Hong Kong, and Thailand, an experience that enabled me to see the world through “lenses” different from what I’ve been embedded in. For the volunteer portion, I taught English to Kindergarten children in China—a test of my patience yet at the same time refreshing and fulfilling! I have learned that children are the same no matter where one is in the world, and I believe that as adults, we have much to learn from a child’s simple and innocent curiosity. On the career front, upon graduation, I worked at Deloitte Consulting as a business analyst for three years, and at present, am working at Vancouver Coastal Health in the clinical IT Timothy Chan, BCom 2003 After working in a logistics company for 2 years in Vancouver, I quit my job to travel around Asia. I spent 6 months earlier this year traveling around China, Taiwan, Hong Kong, Vietnam, and Singapore. It was a great chance to explore the world, connect with old friends, and reflect on life—what an enriching experience! I am now back in Vancouver working with the logistics company doing project work, but also working with a newly formed division of Campus Crusade for Christ, the largest Christian organization in the world. Kathleen Diga, BCom 2003 I am completing my Master’s in Development Studies at the University of KwaZulu-Natal, in Durban South Africa. I have learned a great deal from my colleagues from around the world, professors, World Bank and IMF experts and the environment that we live in when it comes to understanding poverty and inequality in the developing world. My highlight was when my good friend, and another believer in a better world, Salima Rawji (another Sauder Alumni) came to visit Durban in August 2006. Ada Ho, BCom 2003 After 3.5 years at Pivotal Corporation, I have finally made my next move in my marketing career. I joined Vancity, the top employer in North America, in March 2006 as a Product Specialist for the Investment product line. It’s definitely a challenging role—more so than what I have ever experienced. However, I am learning every minute that I am there. So with such a steep learning curve, it is impossible to write down all the different things that I am exposed to! But what I can say is that I have awesome co-workers who are extremely resourceful and helpful when needed, as well as an exciting and rewarding job that I have enjoyed for the past 6 months I’ve been there. What also surprised me was the small city, but large networks, that Vancouver has. It seemed like everywhere I go, whoever I meet, I will always be asked whether I know so-and-so at Vancity. It made me realize the importance of networking, communication, and staying in contact with your peers! WINTER 2006 VIEWPOINTS 43 CLASS NOTES Ryan Wales, BCom 2003 Over the past year I finished my Masters degree here in New Zealand and started working as a Corporate Analyst for a corporate advisory firm specializing in M&A. I also went on a great trip up the east coast of Australia with my girlfriend. Abigail Ven, BCom 2004 Kirstin Owen, BCom 2003 After 3 years with Mercer Human Resource Consulting, I transferred to our San Francisco office to work in the Human Capital practice. The SF office has so many great clients doing exciting and cutting edge things with their HR programs. We have lots of high tech clients, higher education as well as not-for-profit and health care clients. Outside of work, I have been loving the beautiful Northern California playground–a great place for training for Triathlons. I have raced in 3 this year. I have been lucky enough to have the opportunity to swim from Alcatraz Island (twice!). When I need to escape the fog of the city, I go wine tasting in Sonoma. When the fog is not here, I love to watch the sunset behind the Golden Gate bridge with my boyfriend, Dave. I am also a volunteer coach for Girls on the Run, which teaches gr. 3-5 girls in an after school program about self-esteem while encouraging physical activity and healthy choices. Edith Chan, BCom 2004 After completing my degree, I didn’t urge myself to find a job. Instead, I stay home and spend most of the time with my daughter, who is now a 12-year old girl. In order to make up for the time I missed when I was studying, I spend lots of time with my family after graduation. The life without assignments, tests and exams is so relaxing. I enjoy what I am doing right now and the most rewarding thing is I can see my daughter making a big progress in her learning, especially in the area of her ‘Math’ (cuz I was majoring in accounting in BCom!!) Chris Hall, MBA 2004 Got married in May 2005! Life as busy as ever in Jakarta, Indonesia... great times and good business! Mark Ameerali, BCom 2006 Benjamin Thor Rameau, BCom 2004 Hi Kids! I am now living in Tokyo working for Mizuho Securities. If you are in Japan, give me a shout! 44 VIEWPOINTS WINTER 2006 What a journey thus far! We got married July 2005 back in BC, enjoyed an amazing honeymoon at the Atlantis resort, parasailing across transparent Bahamian waters, moved to Edmonton shortly after so we could both pursue brilliant career opportunities, purchased our first new home, taking advantage of the booming Albertan economy! I am truly enjoying & thriving in my current role as a mutual funds compliance analyst with a local financial institution. Although constant thoughts of family & friends are imminent, we keep busy with this newest chapter in our lives & only look forward to our forthcoming ventures. We hope all is well with everyone else. No regrets! Rodanilla Tam, BCom 2005 Upon graduation from Sauder School of Business, I travelled to Oakland, California for two months to help out with a church’s summer day camp. I had a blast down there and met many diligent Christians and almost didn’t want to leave. When I came back to Vancouver, I took a month to find a job at Mark Anthony Group in their Logistics team. I stayed there for 8 months as a contractor before I moved onto Best Buy Canada’s inventory team and I now work as an Inventory Coordinator for Laptops and Computers. Frosh coordinating, and captain WBG, coasting through my last 18 months. CLASS NOTES Matthew Burns, MBA 2006 Matt Burns is now based in Calgary and works for Deloitte Inc. in their Human Capital Consulting Group. Currently he is working on a project in Los Angeles doing change management work related to a multi-year SAP implementation, returning to Calgary after most work weeks. Work continues to be very busy for Matt and he looks forward to coming to Vancouver when he finds some down time. Justin Ren-Wen Chen, BCom 2006 Currently in Singapore! in memoriam Ronald Green, BCom 1970 Ronald Green passed away peacefully on August 28th, 2006 in Vancouver, BC. Survived by his loving mother, Ilean; brother Bob (Elaine) Green; nephew Brad (Brenda) Green; niece Jamie (Chris) Davies; step-children Ricky (Gina), Robert (Bridget) Nolletti and a lifetime of friends. A reception gathering was held in September at the Richmond Funeral Home Cremation & Reception Centre. In lieu of flowers, donations to the Diabetes Association of BC would be appreciated. YOUR FEEDBACK MATTERS Tell us what you think of this issue of Viewpoints. Go to www.sauder.ubc.ca to complete our reader survey. Andrea Dalla Pozza, BCom 2006 I’ve just started my MBA program at Oxford University. Mark Kurkcuoglu, BCom 2006 Post Grad has been great. Found a great job, working as a Commercial Real Estate Broker, found a great girl, what more can I ask for? Hope everything continues to work out as good as they are now!! Benjamin Huang, IMBA 2006 I am thinking of changing jobs after graduation. I am currently the sales director of Shanghai Ziyan Mould Industry Co. Ltd. which is a leading tool maker in China. This picture was taken at Shanghai Grand Theatre. Contact Us Is your information missing or incorrect? Just let us know by emailing alumni@sauder.ubc.ca Become a Sauder School of Business alumni contact Gina (Jin) Zou, BCom 2006 After taking a 2–month break in Europe, and 20–day tour with Contiki, I joined A.T. Kearney Consulting (dream job) in Shanghai. It’s very cool to be a consultant in a big firm. The coolest part: they are paying for my MBA! Be a contact for Sauder School of Business and fellow alumni in your city, country or region. Help counsel prospective students, advise new graduates, welcome summer interns and arrange alumni events. To volunteer, contact us today! We can be reached at: Tel: 604-822-6801 Fax: 604-822-0592 e-mail: alumni@sauder.ubc.ca We always appreciate your feedback on events and programs in support of alumni activities. WINTER 2006 VIEWPOINTS 45 POINTS OF VIEW The Changing Face of the Sauder School of Business Anniversaries are times for reflection. And when a place of learning celebrates an anniversary, like the 50th anniversary of the Faculty of Commerce and Business Administration (now the Sauder School of Business), encompassed in this event are the many personal celebrations of all those who have come together here to learn, to create, to discover—students, now alumni, faculty members, and staff. Each and every one of us holds a piece of the history of this institution—beyond the history books, our memories and experiences, our successes and the lessons we’ve learned, make up the history of this faculty. AS WE WERE PUTTING TOGETHER THIS year, 47 per cent of our BCom students are special anniversary issue of Viewpoints, I female. We’ve come a long way. started to reflect on my own history at the In my first years, I taught undergraduate Mentoring and supervising students has been an integral part of my life. And even today, when many of our students are faculty, and the transformations I have and graduate courses (PhD, MSc, and younger than my own children, I still find witnessed in my three decades here. MBA), including decision analysis and I have things to learn from them. Their quantitative methods for business—not fresh perspectives, their energy and their 1975, together with my husband, Dr. the most popular courses for business openness, always cause me to re-evaluate Daniel Granot, also a faculty member students. Over the years, it was gratifying my stance, adjust my outlook, adapt my in the School’s Operations and Logistics to receive calls from former students who approach. Division. As I was recently reminded had been successful in the corporate by our distinguished alumnus and world, telling me how wonderful it was to first arrived at the faculty. I am grateful to former Dean of the School, Peter Lusztig, sit in the boardroom and hear their annual have been a part of the history of this our arrival here was somewhat of a growth was “exponential.” It was at that institution. And as we all come together to revolution—we were the first couple stage that they really came to appreciate celebrate the faculty’s first 50 years, and hired by the Faculty of Commerce, and as the knowledge they accumulated. our own anniversaries of our relationship I joined the Faculty of Commerce in Dean Lusztig noted, that was “unheard of” at UBC. Some of the most challenging and Thirty-one years have passed since I with this school, it is my great pleasure to rewarding classes I taught were the evening wish you all a Happy Anniversary. Thank What’s more, I was the first female MBA courses. At the time, my more mature you for having been an important part of faculty member who made it through the students used to tell me I looked more like the school’s life these past 50 years. I hope tenure process. I would remain the only a student than a professor, but I was able you will remain a great part of its future. ■ female faculty member until 1985, when to earn their respect by helping them my colleague Barbara Spencer joined our develop skills and tools they were lacking. ranks. Thirty-one years later, 18 of our 108 In turn, I would tap into their business and teaching faculty members are women. corporate experience, which made teaching There has been a steady increase in the these classes a learning experience for me number of female students as well—this as much as it was for them. Frieda Granot SENIOR ASSOCIATE DEAN AND SAUDER PROFESSOR, 46 VIEWPOINTS WINTER 2006 OPERATIONS AND LOGISTICS DIVISION LOG ON. SEARCH. RECONNECT. Sauder online community Looking for your old classmates? Want a permanent Sauder alumni forwarding email address? Relocating? Need local advice in a new city? Interested in becoming an online mentor? Make new connections and renew old ties through the Sauder online community. www.sauder.ubc.ca/alumni T H E U N I V E R S I T Y O F B R I T I S H C O LU M B I A