Viewpoints - Spring 2012

SPRING / SUMMER 2012 • VOLUME 32 • NO 2

A magazine for alumni and friends of the Sauder School of Business at UBC

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ALUMNI STORIES

46

Paul Hollands (BCom 1979)

69

Rodrigo Caetano (MBA 2007)

NEWS

49

The Sauder Story 1999–2012 The growth of UBC’s business school over the past 13 years is the result of confident and visionary thinking on the part of all those invested in the school. In this issue, as we mark the end of one chapter, and the beginning of another, we look back on the milestones in innovation and internationalization in a retrospective on leadership and learning at the Sauder School of Business.

Revamped MBA offers hands-on learning, global immersion and business discipline.

IN EVERY ISSUE

2 8 10 12 60 68

Sauder Index Newsworthy Actuals Insider Information Class Notes Points of View

22 Building on business

A look back on 13 years of research, faculty, learning and community.

Imagine: Our variation on an iconic illustration represents the distinctive leadership style of, and doors opened by, Dean Dan Muzyka over the past 13 years.

Illustration by Leanne Romak.

alumni@sauder.ubc.ca UBC Commerce/Sauder School of Business Alumni twitter.com/ubcsauderschool linkedin.com/company/sauderschool-of-business-at-ubc

15 52

Forty under 40 Meet Georald Ingborg, Jennifer Duff and Janice Cheam. Three rising stars on this year’s Business in Vancouver “Forty under 40” list—and each of them rewriting the rules.

Sauder unveils $70-million facility Sauder’s new 55,000 square foot building at UBC will help it become a leading global destination for business education.

56

Bicycle accident, or the end of civilization?

Wayne Deans, investment manager, motor racing enthusiast, and Sauder benefactor talks about his gift of the Wayne Deans Investment Analysis Centre.

58

Earning Interest Top five restaurants, a tomato to manage your time, and all the business books you will ever need.

VIEWPOINTS SPRING / SUMMER 2012

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OUR MISSION FOR VIEWPOINTS

The Sauder Index BY

JENNIFER WAH

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

Of the top five Canadian business schools named to the 2012 Financial Times Top 100 ranking, number named for a benefactor: All

Dale Griffin EXECUTIVE EDITOR Cristina Calboreanu EDITOR-IN-CHIEF Jennifer Wah MANAGING EDITOR

DESIGN

Approximate number of graduates from Sauder since 1999: More than 10,000

Brandon Brind CREATIVE DIRECTOR Deana De Ciccio, Olga Kondratowicz, Leanne Romak GRAPHIC DESIGNERS

Countries worldwide where Sauder alumni live or work: 74 PRODUCTION Spencer MacGillivray PRODUCTION MANAGER

Number of countries visited by Dan Muzyka during his 13 years as dean: 36 Average years tenure for a business school dean: 5 Commute time for Dan Muzyka from his home on Saltspring Island to the Sauder offices at UBC: About 3 hours To Ottawa, where he will commute to his new role as president and CEO of the Conference Board of Canada: 4 hours, 27 minutes

Destinations now part of the revamped Sauder MBA program: Bangalore, Copenhagen, Shanghai

Viewpoints Magazine is produced by Forwords Communication Inc. and published by the Sauder School of Business, University of British Columbia 2053 Main Mall, Vancouver, BC V6T 1Z2 Tel: 604-822-8555, Fax: 604-822-0592. Viewpoints is published regularly for alumni and friends of the Sauder School of Business.

We welcome the submission of ideas and articles for possible publication in Viewpoints Magazine.

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 2012, 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

Average age of MBA students in British Columbia: 29

Dale Griffin (Chair), Sheila Biggers, Bruce Wiesner

CONTRIBUTORS

Percentage of Sauder MBA graduates employed within three months of completing their degree: 80

Number of Bloomberg real-time terminals providing global capital market data to Finance students in the new Wayne Deans Investment Analysis Centre: 9 Share price of Facebook on May 18, 2012, on the day of the launch of the third-largest IPO in US history: $38 Share price of Facebook on May 30, 2012, the day this issue of Viewpoints was printed: $28.19

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SPRING / SUMMER 2012 VIEWPOINTS

Cristina Calboreanu, Lorraine Chan, Allan Jenkins, Spencer MacGillivray, Rob McMahon, Andrew Riley, Erica Smishek, Jennifer Wah, Leanna Yip, Kate Zimmerman PUBLICATIONS MAIL AGREEMENT NO. 40063721 RETURN UNDELIVERABLE CANADIAN ADDRESSES TO ALUMNI RELATIONS, SAUDER SCHOOL OF BUSINESS, UNIVERSITY OF BRITISH COLUMBIA, 800 ROBSON STREET, VANCOUVER, BC V6Z 3B7 This issue of Viewpoints was printed in Canada using vegetable-based inks. The paper is also certified by the Forest Stewardship Council® (FSC®). The use of their logo assures the end user that the forest-to-consumer process is responsible, and that the product comes from a forest-friendly source.

VIEWPOINTS FROM THE DEAN

Over the past 13 years, this column in Viewpoints Magazine has been one of many places I have connected with alumni.

Viewpoints is a place where we tell our story.

Itâ&#x20AC;&#x2122;s a story that started long before I arrived, and the chapters still to come will be even more riveting. >> PERRY ZAVITZ

Dan Muzyka has served as dean of the Sauder School of Business since 1999. He leaves the position at the end of June to become president and CEO of the Conference Board of Canada.

VIEWPOINTS SPRING / SUMMER 2012

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VIEWPOINTS FROM THE DEAN

“If I have seen further, it is by standing on the shoulders of giants.”

– Sir Isaac Newton

This has been our journey. It’s been the journey of a community yearning for a world-class seeding ground for business, and a faculty seeking to engage through its teaching and ideas. We are—all of us— believers in the confident evolution of one of Canada’s most successful and important business schools, and one competitive on a world stage.

WE HAVE HAD MILESTONES, TO BE SURE.

the UBC Properties Trust helps ensure this

Starting on page 22, a 14-page retrospective

University’s future. His gift to establish the

looks back at what we have accomplished

Robert H. Lee Graduate School in 2006 was

since 1999.

another pivotal moment in this era. Six years

One person saw a unique opportunity— my friend and mentor Bill Sauder. Speaking

ranked among the top 100 in the world by

of what would become the largest gift ever

publications such as The Economist, and

to a Canadian university to name a business

Financial Times.

school, Bill said: “I want to do this for the

Myriad donors, including more than 20

kids,” and his words inspired us all. Bill and

who have given $1 million+ each, came

Marjorie-Anne’s gift to the school signaled a

forward to support the School during our

change, and there is no question that gifts

building campaign. Among them were

of time, treasure and talent over the past

present and future generations of students

decade have made the greatest difference to

who elected to support the rebuilding of

our success.

their learning environment through a self-

Another shoulder I have leaned on is Bob Lee. Lee’s visionary conviction in establishing

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later, the school’s MBA program is consistently

SPRING / SUMMER 2012 VIEWPOINTS

imposed fee to service a mortgage of more than $20 million. >>

Dynamic Lawrence Sauder, Chairman & CEO, Sauder Industries

Builder Energy

“Dan did an incredible job bringing the real world of business to campus and showcasing the strength of our school to the global market. He led the successful effort to highlight the Sauder brand on the world stage.”

“Look out, here comes the Energizer Bunny!”

Hari Varshney, Varshney Capital Corp

Christina Anthony, BCom 1997, Vice President, Director, Portfolio Manager, and Investment Advisor, Odlum Brown

“Dean Dan was one of the reasons my time at UBC was as fantastic as it was. He was an excellent support for the MBA Society, completely devoted to the student body and our experience, both in and out of the classroom.

He pushed us to be better students and citizens, celebrated our diverse backgrounds and experiences, and made us proud to be a part of the Sauder School of Business family.”

Ashley Kerr, MBA 2009, Marketing Manager, DST Subserveo; former President of the MBA Society

Entrepreneurial Paul Hollands (BCom 1979), Chair, Faculty Advisory Board

Resourceful Sheldon Trainor, BCom 1988, Director of Ibris Holdings, and Managing Director of PacBridge Capital Partners

VIEWPOINTS SPRING / SUMMER 2012

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VIEWPOINTS FROM THE DEAN

Indefatigable

Progressive

Tracey McVicar, BCom 1990, Private Equity Partner, CAI Capital Management Co.

John Montalbano, President, Phillips, Hager & North Investment Management Ltd.

Inspiration “Dan Muzyka is a force to be reckoned with. In a world of uncertainty and indecision, he is a brave leader that considers all input, but then moves forward. Progress cannot be made by satisfying all, so he gathers as much input as appropriate ... then does what he believes is right and for the good of the many. He is self-sacrificing and self-effacing for the good of the cause.”

Randy Powell, President, Armstrong Group

Engaging “There is no doubt whatsoever: Dean Dan is the absolute best example of engaging personalities. People from all walks of life are drawn to him for a multitude of reasons.

There will only be one Dean Dan!” Wendy Lisogar-Cocchia, President, Absolute Spa Group; Current President, Vancouver Board of Trade

“I really appreciate the freedom that the Dean has given the CUS to be entrepreneurial and run over 10 conferences, host amazing Frosh orientation weekends, and push forward the building project by involving students.

Thank you for building the School into something more amazing than I could have imagined!”

Dylan Callow, BCom 2012 (Accounting), VP Academic, UBC Commerce Undergraduate Society

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SPRING / SUMMER 2012 VIEWPOINTS

“Highly respected business leaders constitute the School’s Faculty Advisory Board, and they have supported and guided us toward many of the great things we’ve achieved.”

– Daniel F. Muzyka

Without the support of all of these commitments,

Energy Sandra Stuart, Chief Operating Officer, HSBC

The School’s 100 core faculty members—

we would not have moved ahead in our latest

half of whom are new since I arrived—have

evolution. Your past and ongoing support is key

pushed the boundaries of learning, both in the

to the future of your business school.

classroom and elsewhere, so that our students

Highly respected Canadian and international

are eminently hireable in the real world of

business leaders constitute the School’s Faculty

business, and have influenced management

Advisory Board, and they have supported and

thinking through their path-breaking research.

guided us toward many of the great things

We grew a new generation of teachers and

we’ve achieved. Under the leadership of Bob

researchers, and a visionary new space; buildings

Stewart (you’ll find his words on page 47), the

in which we can all learn from each other.

Faculty Advisory Board initiated our decade-

I have stood on the shoulders of giants, seen

long period of growth. After Bob, Paul Hollands

further, and I am grateful for the opportunity to

(see also page 47) oversaw the development

serve. The Sauder School of Business is poised,

and global awareness-raising of our now-iconic

like a classic car with a rebuilt engine, ready for

Sauder brand and “Opening Worlds” tagline, and

its next driver. ■

continues today as chair of that group.

Daniel F. Muzyka, Dean RBC FINANCIAL GROUP PROFESSOR OF ENTREPRENEURSHIP

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NEWSWORTHY SAUDER IN THE NEWS

People more likely to lie when texting, new research shows

Re-imagined UBC MBA grabs headlines In an article headlined “Globe exclusive: UBC’s revamped MBA,” The Globe and Mail highlights Sauder’s Robert H. Lee Graduate School as a good example of a business school rethinking how best to equip students with the skills needed for the global marketplace.

The story cites Dean Daniel Muzyka, who emphasizes the importance of graduates being able to work on a public policy level and understand the complexity of organizations that need to undergo transformational change.

Discussing the international thrust of the program’s renewal, Associate Dean Murali Chandrashekaran says, “When business is global, the business school needs to be global, as well.” ■

E-bargaining can lead to risky financial decisions, new study says New marketing research by Associate Professors Rui (Juliet) Zhu and Xinlei (Jack) Chen, which shows that interacting on websites (such as e-Bay) can result in risky financial decisions, was highlighted in Bloomberg Businessweek.

The research paper, to be published in an upcoming issue of the Journal of Marketing Research, demonstrates that people in online communities are motivated by their belief that their virtual friends are on their side. ■ 8

SPRING / SUMMER 2012 VIEWPOINTS

A new study on texting as a means of communication, co-authored by Associate Professor Ronald Cenfetelli and Professor Karl Aquino, made headlines in The Wall Street Journal, Los Angeles Times,The Times of India, London’s Daily Mail, MSNBC,The Huffington Post,The Globe and Mail, CBC, and numerous other national and international media outlets. The research suggests that people tend to be more dishonest when texting, compared to when using other modes of communication.

Written with Assistant Professor David Jingjun Xu of Wichita State University, a former PhD student from Sauder’s Robert H. Lee Graduate School, the paper published in the Journal of Business Ethics shows that study participants were more likely to lie in a text message than in face-to-face conversations or in online video or audio chat platforms. They also demonstrate that people deceived by “leaner” media, such as text messages, are more angered than those misled by “richer” media, such as video chat. ■

Sauder research gets traction with Vancouver cab companies A study led by Associate Professor Garland Chow from April to October 2011 was the focus of two stories in The Vancouver Sun. In his research, Professor Chow looked at the impact of having more cabs in Vancouver’s downtown core.

British Columbia’s stiffer drinking and driving laws introduced in September 2010 put new demand on the Vancouver taxi industry.

In response, the Vancouver Taxi Association did a six-month pilot, issuing 65 peak temporary operating permits and Professor Chow’s research found that customer demand easily absorbed the increased number of cars.

On the basis of his research, government is reassessing the number cabs that will be on the city’s streets. ■

Professor argues government needs a framework for privatization In an op-ed published in the National Post, Professor Anthony Boardman concludes that the privatization of organizations operating in Canadian competitive markets over the past few decades has ultimately improved social welfare.

While privatization has slowed, Professor Boardman suggests that the sale of the Commercial Reactor Sales and Service Division of Atomic Energy of Canada Ltd. may indicate a renewed interest in further privatization by the Prime Minister Stephen Harper-led government.

Citing that no Canadian government has formulated a framework to guide Canada’s privatization regime, the professor argues the time has come to formalize a set of principles to assess the potential of further privatization. ■

New facilities get in-depth feature Sauder’s $70-million facility expansion and renewal gained major media coverage in The Vancouver Sun, which ran a two-page business section cover story under the headline, “Sauder looks to future with major media-savvy makeover—University of B.C.’s business school

puts a new focus on student collaboration.”

The article describes how Sauder is working to integrate state-of-the-art technology with its educational offerings. The wide-ranging story features interviews with people from across the school and includes quotes from Dean Daniel

The Globe and Mail case studies showcase Sauder alumni

Environmentally speaking, business can help Vancouver shine

In two separate case studies written for The Globe and Mail’s Your Business Section, Jeff Kroeker, a lecturer in Sauder’s Accounting Division, highlighted the challenges and successes of Sauder alumni in today’s business environment.

The first article features Sauder alumnus Jeff Fung, who drew on his business and legal background to create the online company MyLawBid, which creates an online portal for lawyers to connect with clients.

The second article describes how Panda Games Manufacturing, the brainchild of Sauder alumnus Michael Lee, filled a void in the board game production industry to become an international success. ■

Muzyka, Associate Dean Katriona MacDonald, Professor Moura Quayle, Associate Professor Murray Carlson, Associate Professor Rafael Rogo, Learning Technologies Manager Rob Peregoodoff, and fourth year finance student Ralph Yang. ■

Professor Moura Quayle argued in an op-ed written for The Vancouver Sun that despite Canada opting out of the Kyoto protocol, Vancouver can still be an international leader in promoting sustainability with the help of business.

Although Canada has moved away from its commitments under the Kyoto Protocol, Vancouver has pledged to become the world’s greenest city by 2020. C3, a partnership between the City of Vancouver and its six post-secondary institutions (among them UBC), is already working towards achieving the Greenest Action Plan targets.

Professor Quayle is urging Vancouver business leaders to join them. ■

To learn more about Sauder in the news, visit www.sauder.ubc.ca

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ACTUALS SEEN AND HEARD IN THE SAUDER WORLD

Alumni Weekend On May 26, the Sauder School of Business opened its doors to alumni and friends as part of the UBC Alumni Weekend.

With more than 60 events, tours, and attractions planned across campus, the day was an opportunity for alumni and community members to reconnect with old friends and experience some of the latest initiatives and innovations at the school and the university.

The Sauder School featured several events, including: “Leadership and Transformation: The Bitter Truth” – Dean Daniel F. Muzyka shared lessons and stories of his unique experiences ushering in a new era of business education at UBC during his term as dean of the Sauder School of Business for the past 13 years. Under Dean Muzyka’s watch, the School has been transformed into a dynamic and comprehensive force for learning, idea generation, action and community engagement.

UBC Sauder Real Estate students win the 9th Annual Pacific Northwest Real Estate Challenge Sauder students Maryam Bagheri, Nik Cheng, Daniel Dibadj, Rey Halim, Emily Kaplun, Izaam Kassam, Allison Lasocha, Nathan Ma, Roy Pat, Amanda Payne, Bryan Wong and Zoe Yang brought home the trophy at the 9th Annual Pacific Northwest Real Estate Challenge, which took place in Seattle on March 27–28, 2012.

Special thanks for the efforts and support from the mentors (Chris Kay at Townline Group of Companies, Michael Mortensen at Grosvenor, Peter Russell at City of Vancouver, and Hugo Vasquez at Mondevo Projects Inc.), and academic advisors (Janet Corne and Michael Katz at Katz Architecture, Mark Monroe and Prof. Tsur Somerville at the Sauder of School of Business).

The team’s presentation, report and photos are available on the website of the UBC Centre for Urban Economics and Real Estate: cuer.sauder.ubc.ca. ■

“Little Entrepreneurs: Kids. Business. Ideas.” – Sauder’s d.studio offered children the chance to experience its creative energy, coming up with their own business ideas and creating their own “business plan” based on what they love the most.

The School also hosted an Open House and guided building tours with Sauder students, celebrating the revitalization of our learning environment and the excellence of our people, ideas and activities. ■

Sustainability focus of largest MBA student-run conference On April 20, the 10th Annual Net Impact Conference and Sustainability Expo, the largest event presented by MBA students at the Sauder’s Robert H. Lee Graduate School, attracted more than 170 students and industry leaders focused on sustainable business.

The event titled “Sustainability: Beyond the Rhetoric” drew on leaders from Vancouver’s internationally recognized green industries for panels on Clean Tech and Energy; Impact and Ethical Investing; Leadership in Corporate Responsibility; Natural Resources; and Measurement and Benchmarking.

“In the wake of the 2008 financial crisis, many expressed concern that MBA programs were producing business professionals whose chief interest was profit,” said Annie Lambla, President of UBC’s Net Impact Graduate Chapter. “At Sauder’s Robert H. Lee Graduate School, we see business successes reflected in a triple bottom line—it has to be good for people, the planet and for profits.” ■

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SPRING / SUMMER 2012 VIEWPOINTS

Sauder student entrepreneurs win international competition for paperless ticketing app

UBC MBA students travel to China to meet with top employers Twenty MBA students from Sauder’s Robert H. Lee Graduate School recently returned from Trek China, a global immersion that took them to Hong Kong and Shanghai for firsthand experience in China’s thriving marketplace. During an intense five days, the group met with local representatives for twelve global companies, including Louis Vuitton, Google and KPMG. “The goal is to expose students to new markets and provide them with an understanding of how business is being done in these markets,” said Sauder assistant dean Denise Baker.

It is the third Trek China organized by the Hari B. Varshney Business Career Centre. ■

Sauder undergrads conclude a successful spring semester of competitions Throughout the spring semester, Sauder undergraduates participated in several competitions, locally and internationally. Kaizen Biomedical, founded by a team of BCom and UBC Engineering students in the undergraduate course New Venture Design, placed first at the Pacific Venture Capital Competition held in Vancouver on March 24. Kaizen’s MobiChill earned the team a $1000 prize. The competition, hosted by the UBC Finance Club, is the only undergraduate venture capital competition in Canada.

Two Sauder students were victorious at the fifth annual CA Case Competition, hosted by the CA School of Business in Vancouver. It drew students from post-secondary institutions across Western Canada. A Sauder team placed third at the Marshall International Case Competition, hosted by the Marshall School of Business at the University of Southern California. The teams were tasked with providing strategic advice, on movie distribution, to big Hollywood media and entertainment companies, such as Warner Bros., Sony Pictures and Universal Studios. Finally, a Sauder team placed fourth at the Champions Trophy Case Competition at the University of Auckland Business School. ■

On March 1, a team of Sauder and UBC student entrepreneurs snagged first prize at the University Mobile Challenge, organized by Berkeley Engineering. The competition was held at the GSMA World Mobile Congress in Barcelona, the premier event for the mobile communications industry. They won for their mobile app called “goodnights” that may give Ticketmaster a run for its money.

Available free from iTunes, the goodnights app provides a convenient paperless event ticketing solution. Users can buy tickets on their phone using the app, which stores a digital copy of the ticket that allows them to gain entry to the event. The app also helps fans, artists and promoters by addressing the resale of tickets in the same mobile platform, allowing the simple and safe transfer of tickets between people.

The student team of Sauder student Michael Moll, Sauder/Computer Science student Jeff Blake and Justin Locke, a UBC student in the Faculty of Arts, competed against 13 international student teams from countries including India, France, US, and UK. ■

Sauder’s Robert H. Lee Graduate School brings together student leaders at World Model United Nations On March 11, more than 2,100 local and international student delegates gathered at the Vancouver Convention Centre for the World Model United Nations 2012 Conference (WMUN). This was the first time that the largest travelling college-level Model UN conference was being held in Canada.

As a major sponsor of WMUN, Sauder’s Robert H. Lee Graduate School worked to engage delegates, from all around the world, in conversation about major social issues. As one of the keynote speakers during the opening ceremony, Professor Murali Chandrashekaran, Associate Dean, Professional Graduate Programs and Director, Robert H. Lee Graduate School, emphasized the important role youth play in leading sustainable solutions for global poverty, overpopulation and hunger.

Using social technologies, the School crowdsourced input from WMUN delegates to determine the direction of Chandrashekaran’s speech, using several social media platforms to spread the word to delegates in advance of the opening ceremony and to solicit answers to three central questions: •

What tools should business education provide to globallyminded young leaders?

•

What do you want graduate business schools to know about your goals and aspirations?

•

What global challenge would you like to see on every business school’s curriculum? ■

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SAUDER FACULTY INSIDER INFORMATION

Dean Daniel Muzyka becomes next president and CEO of the Conference Board of Canada Sauder’s Dean Daniel Muzyka has been named the new President and CEO of the Conference Board of Canada (CBoC), Canada’s best-known business research organization.

Muzyka will be joining the Ottawa-based group full-time in August.

“The global crisis has created a global dialogue,” Dean Muzyka was quoted saying in a Globe and Mail story about the appointment.

Daniel Muzyka “We’re going to have to look at new formulas for supporting key aspects of our economy. It’s one of the things that brought me to the Conference Board—to get into some of these dialogues.”

Muzyka has been the Dean of the Sauder School of Business since 1999, and under his leadership the school has undergone tremendous transformation, including the recent $70-million revitalization of the Sauder complex, renewed programs and faculty, and increased engagement with the community. Not only has Sauder’s learning environment been transformed, but international initiatives and partnerships have also expanded dramatically to make Sauder a truly global business school ranking among the top 20 in the world for research. ■

Faculty excel in major teaching and research awards

Marc David Seidel

Tim Silk

Murray Carlson

2012 Pollay Prize goes to Professor Madhu Viswanathan Awarded annually by the Sauder School of Business, the Richard W. Pollay Prize is named for Sauder Professor Emeritus Richard Pollay in honour of his contributions as a scholar in areas of marketing and advertising in the public interest.

This year’s prize was awarded to Professor of Business Administration Madhu Viswanathan of the University of Illinois, for his research program on low-level, low-income consumers in the US and subsistence consumers, entrepreneurs and marketplaces

Darren Dahl

in India. His research seeks to find ways to enable subsistence marketplaces to move toward becoming ecologically, economically and socially sustainable marketplaces. ■

Tim Huh 12

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Sauder professors are being applauded as being among the best in the 2011–12 University of British Columbia and Sauder School of Business teaching and research awards.

Associate Professor Marc-David Seidel, of the Organizational Behaviour and Human Resources Division, was awarded the 2012 UBC Killam Teaching Prize for his contributions to undergraduate teaching. He has been instrumental in the development of the Commerce Scholars Program, a research-based initiative that provides top undergraduates with mentorship from distinguished faculty members.

The winner of the 2012 CGA Graduate Master Teacher Award was Assistant Professor Tim Silk of the Marketing Division. His contributions to curricular development include substantial input into the design and structure of the new UBC MBA program, to be offered by the Robert H. Lee Graduate School.

The 2012 Talking Stick Award for pedagogical innovation went to Associate Professor Murray Carlson of the Finance Division. The award recognizes his innovations in teaching, particularly the development of the Wayne Deans Investment Analysis Centre where students learn real-time investment analysis by using high-tech financial tools.

The 2012 Research Excellence Award (senior category) was awarded to Professor Darren Dahl of the Marketing Division. He is especially recognized for his work on creativity and on the social and emotional aspects of consumer behaviour.

Associate Professor Tim Huh, of the Operations and Logistics Division, was the winner of the 2012 Research Excellence Award (junior category). Professor Huh is distinguished for his work on inventory control problems, capacity planning and dynamic pricing. ■

OBHR professors present major seminar during UBC Celebrate Research Week

Eight Sauder recipients get TLEF grants

In March, Sauder professors Sally Maitlis, Sandra Robinson and Danielle van Jaarsveld presented the research symposium, “A Walk on the Darkside of Work,” as part of Celebrate Research Week, a major UBC initiative aimed at connecting the community with UBC research. The seminar, held at UBC Robson Square, explored what happens when something goes wrong at the office—such as layoffs, bullying or injuries.

When the Teaching and Learning Enhancement Fund (TLEF) announced their grants for 2012 in late February, Sauder received approval for eight projects. The school will receive a total of over $266,000 in awards. The TLEF grants were created in 1991 to enrich student learning by supporting innovative and effective educational enhancements.

Sally Maitlis

Professor Sandra Robinson focused on ostracism and the issue of employees being excluded or feeling invisible in the workplace. Associate Professor Danielle van Jaarsveld presented her investigations into the influence of customers on employees—a relatively new area of research. Finally, Associate Professor Sally Sandra Robinson Maitlis examined trauma and growth at work. Her research deals with performers who have suffered career-shattering injuries, but who in many cases have made sense of their situation in ways that lead to post-traumatic growth. ■

Professor awarded the Queen’s Diamond Jubilee Medal On April 11, Professor Frieda Granot was awarded the Queen Elizabeth II’s Diamond Jubilee Medal in a ceremony at the HMCS Discovery in Stanley Park. Professor Granot received the medal as a member of the Order of Canada. It was presented to her by the Honourable Steven Point, Lieutenant Governor of British Columbia.

This commemorative medal was created Frieda Granot to mark this year’s celebrations of the 60th anniversary of Queen Elizabeth II’s accession to the throne. During 2012, 60,000 Canadians will receive the award in recognition of their national and international achievements.

Earlier this year, Professor Granot was one of the winners of the 2011 Canada’s Most Powerful Women: Top 100 Awards, which recognizes the country’s highest achieving women in the private, public and not-forprofit sectors. ■

Yau Man Cheung

The 2012 grant recipients are: • Lecturer Yau Man Cheung, Management Information Systems Division, for his proposal “Enterprise Architecture Initiative: Engaging Students in Enterprise Architecture Knowledge”; • Instructor Paul Cubbon, Marketing Division, for his proposal “Decoding Social Media: Theory and Practice”; • Associate Professor Nancy Langton, Organizational Behaviour and Human Resources Division, for her proposal “Rapid Knowledge Transfer in Business Education: Teach us Something in 7 Minutes”;

Paul Cubbon

Nancy Langton

• Learning Technologies Manager Robert Peregoodoff for his two proposals, “Integrating iPeer with UBC’s New Course Management System,” and “Applying Emerging Web Practices in Teaching and Learning for Improved Student Experience and Interaction”; • Professor Martin Puterman, Research Director at the UBC Centre for Health Care Management, for his proposal “Web-based Implementation of Health Care Management & Service Operations Teaching Games”; • Assistant Professor Mariano Tappata, Strategy and Business Economics Division, for his proposal “Economics Hands-on. A simulation approach to learning microeconomics”; and • Educational Assessment Specialist Vaila Spillotopoulos for her proposal “Assessment of Learning in Business Education.” ■

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SAUDER FACULTY INSIDER INFORMATION

Professor receives 25th consecutive annual research appointment Professor Peter Nemetz has just received his 25th consecutive annual research appointment to the Department of Health Sciences Research at the Mayo Clinic in Rochester, Minnesota. Over this extended period, Prof.

Nemetz has conducted research and published on such subjects as Amyotrophic Lateral Sclerosis, Alzheimer’s Disease and other neurological diseases, the autopsy, cancer, Peter Nemetz coronary artery disease, fatty liver disease and smoking. These studies have focused on epidemiological issues as well as decision theory, economics and public policy. Research coauthors are associated with Mayo Clinic, Purdue University’s School of Nursing, Louisiana State University’s Health Sciences Center, Baylor University’s Medical Center, and the San Francisco Veterans Affairs Medical Center. ■

Professor elected president of Society for Consumer Psychology The Society for Consumer Psychology (SCP) announced the election of Sauder Marketing Professor Darren Dahl as its president-elect as of February 17, 2012.

Professor Dahl will serve a three-year term in the society’s executive leadership: one year as an elections committee chair, one year as standing president, and one year as publications chair.

Darren Dahl The SCP is an academic society as well as the organizing body for researchers studying consumer behaviour.

The Society also sponsors the Journal of Consumer Psychology, the primary specialized outlet for research in consumer psychology. ■

New academic ranking puts professor second in Canada

14

All Leslie Wong Fellows and friends of the PMF program—you are cordially invited to join us as we celebrate 25 years of the UBC Portfolio Management Foundation. Students, alumni, faculty, founders, industry partners and client communities have all contributed to the PMF’s breakout success. We look forward to sharing stories and memories to commemorate our silver anniversary together.

Thursday, June 28, 2012 Vancouver Convention Centre, West 1055 Canada Place V6C 0C3 Reception at 6 p.m.: West Level 3 Summit Foyer Dinner at 7 p.m.: West Level 3 Summit Level Dress code: Business/Cocktail Attire Price: $185

Please contact Amanda Warren at amanda.warren@sauder.ubc.ca or 604-822-9405.

Sauder professor leader in social innovation Associate Professor and Executive Director of the ISIS Research Centre James Tansey is a key author behind a major BC Social Innovation Council Action Plan released on April 27. The report makes 11 recommendations for how government, businesses, non-profits and communities can use social innovation to solve the province’s most pressing social issues.

“The recommendations in this report have the potential to stimulate social innovation across BC in a way that has long-term impact on some of our greatest social challenges,” said Tansey. “It’s been an honour to participate and to bring our expertise to the table.” ■

The HiBAR ranking, or Hirsch-Index Benchmarking of Academic Research, has placed Sauder professor Izak Benbasat, of the Management Information Systems Division, second in Canada for business research.

SSRN ranks Sauder in the top 20 worldwide for business research

The Higher Education Strategy Associates (HESA) created HiBAR as a tool for universities to objectively rank their departments’ research performances. It uses a database of every Canadian university faculty member and then creates an H-index score for each based on the number of publications and the number of times articles were cited in peer-reviewed publications. ■

On May 1, the Social Science Research Network (SSRN) rated the Sauder School of Business as 17th in the world for business and management research among schools outside of the United States. Out of the top 1,000 non-US business schools, Sauder moved up six places from 23rd. Created to measure scholarly impact, schools are ranked based on article downloads and citations. The Social Science Research Network was established in 1994

by Michael Jensen, a financial economist at Harvard Business School. ■

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BY

KATE ZIMMERMAN

PHOTOS BY

PERRY ZAVITZ

Being named to Business in Vancouver’s top “Forty Under 40” list is a distinct honour. But for high achievers, like the three rising stars with Sauder connections whom BIV selected in 2011, it’s taking a second look at things that brings them true job satisfaction.

THE GOAL OF INTERNATIONAL BUSINESS LAWYER

Georald Ingborg, for example, is not to rush in where angels fear to tread, but to analyze a business challenge, give it plenty of professional perspective, figure out the client’s most advantageous option, and then forge ahead.

Meanwhile, Jennifer Duff’s ability to parachute into new positions in health care administration, assess the areas in need of improvement, and come up with solutions has landed her in the position of Director of Mental Health for BC’s Providence Health Care.

And even when she was still at business school, Janice Cheam spotted a potential niche in the arena of sustainability. Surely, she reasoned, if people could see their energy expenditures in real time in terms of dollars and cents, they’d adjust their behavior for the better. The wireless device she and her Sauder entrepreneurship teammates came up with has morphed into a business that promotes sustainability around the world.

These successful graduates are making a practice of reviewing, and then rewriting, the rules. >>

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FORTY UNDER 40

Georald Ingborg is ready to go the distance Georald Ingborg’s ability to get in the zone sets him apart from the competition.

The 39-year-old partner in the Securities and M & A Department of Vancouver international business law firm Fasken Martineau says he tends to be coolly collected when the heat is on.

“SECURITIES LAW AND MERGERS AND

acquisitions can be extremely stressful,” Ingborg explains. “They’re all market-driven.

Inevitably, urgent issues arise.”

Ingborg encourages himself to take a step back, slow down and think things through.

Knowing the law inside and out means he can structure transactions to the best advantage of the client he’s serving.

“I really don’t like saying ‘no’ to clients,” he says.

Ingborg also makes himself available 24 hours a day, 7 days a week. With clients based in time zones around the world, including Australia, France and China, he and his family accommodate 3 a.m. phone calls and intense business discussions on Sunday nights.

That’s probably why Ingborg, whose focus is public and private financing and mergers and acquisitions, made partner at the tender age of 33.

“I got to be partner by working my tail off—showing the firm I had the capability and the potential.”

Included in his recent achievements is handling the IPO for mining company Pretium Resources to raise $270 million— one of the largest recent IPOs in Canada—

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and Pretium’s concurrent acquisition of mineral properties for $450 million. In 2011, Ingborg was named one of the Lexpert Rising Stars Leading Lawyers Under 40.

And yet he comes across as an approachable and humorous fellow. Maybe it’s his small-town roots—Ingborg grew up in Vancouver Island’s tiny Qualicum Beach, the son of an accountant. He thought accounting might be his career, too, until he transferred from Malaspina College to UBC to finish his BCom and took a course in law.

Given his analytical bent, law was the better fit, says Ingborg.

He did his law degree at the University of Victoria. After graduation, he articled with Russell & DuMoulin, which in 2000 merged with Fasken Martineau. Although he often works with large international clients, Ingborg says “I also really enjoy dealing with local, smaller clients.”

In 2002, after two years of working extremely long hours as a young lawyer, Ingborg took a secondment in his firm’s office in London, England, heading there with his wife and infant daughter. It was a fantastic experience from every point of view—the family relished the chance to explore London and take weekend jaunts

around the continent, and Ingborg found the work extremely stimulating.

“I was still practicing Canadian law, but on large international transactions,” he explains. “The energy is unbelievable—it’s so fast-paced. London truly is one of the world’s financial centres.”

Throughout law school, Ingborg worked as an assistant manager at a golf store. He still gravitates toward the links in the spare time left to a married father of four active kids, ranging in age from four to 11. He enjoys the odd Saturday night watching sports with friends, and boxes for exercise.

Does he ever imagine a professional adversary on the receiving end as he lands a bruising upper cut?

“I never have,” he claims, laughing. “It’s more about technique and speed and getting the heart rate up.” ■

Georald Ingborg Partner, Fasker Martineau Sauder BCom 1994 gingborg@fasken.com http://www.fasken.com/lawyers/ detail.aspx?professional=3a96ce139d2d-4c44-8555-d03b61015565

“I really don’t like saying ‘no’ to clients... I got to be partner by working my tail off—showing the firm I had the capability and the potential.”

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“So if you turned on and off an appliance like a washing machine, television, dishwasher, you’d see how your energy consumption currently was going from $0.46 to $0.42 to $0.35.”

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FORTY UNDER 40

Janice Cheam has a recipe and a passion for energy awareness As the daughter of teachers, Janice Cheam has learning in her blood.

From the start, says the 28-year-old president and CEO of Vancouverbased Energy Aware Technology, “I was really into school. I worked hard to make goals for myself and achieve them.”

CHEAM STARTED HER UBC CAREER IN ARTS BUT

switched to Commerce for second year. It was in the New Venture Design class that she and her five teammates came up with the idea for a real-time energy display—the product her company would eventually sell—and developed a business plan that they submitted to an industry competition.

Shortly afterward, Cheam was interviewed for a job. When she described what she had done at school, the interviewer discouraged her from the position for which she’d applied and urged her to pursue her own dream.

“The encouragement was just what I needed.”

By 2009, Energy Aware had been described as “the most promising start-up company of the year” by the B.C. Technology Industry Association.

“Our products aim to create better awareness of the way that we use energy, so we can reduce energy waste and save money and contribute to more sustainably positive behaviours,” says Cheam.

Energy Aware’s PowerTab is a wireless display that receives real-time information about electricity consumption. The concept is that people can walk around their homes and see how their energy expenditure changes depending on which appliances and utilities are in use.

“So if you turned on and off an appliance like a washing machine, television, dishwasher, you’d see how your energy consumption currently was going from $0.46 to $0.42 to $0.35. And the idea is that by having the positive reinforcement of awareness and education, you would be more conscious of the fact that using energy costs money.”

The PowerTab works by communicating directly with a Smart Meter. Smart Meters are electricity meters that allow communication between the meter and utilities or devices in a home, so they don’t need to be monitored in person.

Because Smart Meters aren’t yet the norm here, Energy Aware has only sold a handful of PowerTabs in Canada. It has, however, sold them

to electric utilities in Australia, Scandinavia and the US. That’s not only good for business but has allowed Cheam the chance to travel—a favourite pastime—and indulge her foodie cravings, another hobby.

Even so, business is Job One. “Whether or not people are motivated by the environment or they’re motivated by dollars and cents, the point is that they can be educated to change a behaviour that can contribute to a solution,” says Cheam. “And those same people who are educated in their house, take that knowledge to their office. And they take that knowledge to the way they vote. So if you can create awareness about energy, you’re creating awareness about so much more than just electricity consumption.” ■

Janice Cheam President and CEO, Energy Aware Technology, Sauder BCom 2006 Janice.cheam@gmail.com http://ca.linkedin.com/pub/janicecheam/2/672/b76

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FORTY UNDER 40

Jennifer Duff keeps her ball on the green Jennifer Duff’s got the right stuff. You don’t get to be Director of Mental Health for Providence Health Care at the age of 33 without the smarts and work ethic to back you up.

IN A WAY, THOUGH, FATE SEEMS TO HAVE PLAYED

a hand in her trajectory. Raised in White Rock, Duff attended the University of Lethbridge on a basketball scholarship, majoring in Phys Ed. When an injury sent her to the sidelines, she started volunteering with a friend at the local hospital, and was quickly smitten by the idea of nursing.

She transferred to UBC’s School of Nursing.

For Duff, one of the field’s attractions was that she could choose to work in a hands-on capacity with ill or injured patients, or lead health and wellness programs aimed at prevention.

“There are so many avenues that you can go down.”

After graduation, she spent two years helping people recover from surgery at Penticton Regional Hospital and then three in labour and delivery at B.C. Women’s Hospital.

Then Duff got her Master of Health Administration at UBC, a program offered by the UBC School of Population and Public Health and supported by the Sauder School of Business.

Because half her classes were taught by instructors in the Faculty of Medicine and half by Sauder faculty members, the course offered Duff the perfect combination of education about the healthcare industry and business acumen.

Her training had provided Duff with a clinical component, a healthcare component,

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and a network of people in the local healthcare community. In 2006 Duff embarked on a four-month administrative residency at Providence Health Care, which operates nine healthcare facilities in Vancouver, including St. Paul’s Hospital.

“For me, it was exposure to this new world,” says Duff, who wound up her residency as an internal consultant for Change Initiatives. “I was mentored and fostered by the organization.”

Within the year, Duff was encouraged to take a temporary position as Operations Leader of the Surgical Inpatient Units at St. Paul’s. She was so good at the job—which required her to manage 120 nurses and allied staff and work with an interdisciplinary team—that she kept it.

Less than 12 months later, she was asked to fill in while Providence searched for an Operations Leader for the hospital’s Maternity Services. Over three years there, Duff managed the maternity and neo-natal intensive care units and developed a “lean redesign and transformation.”

“We implemented 160 initiatives to improve the care that we provide to patients.”

In 2011, Duff won an Emerging Leader Scholarship and spent a week in Sweden studying that country’s healthcare system on a tour with the Canadian College of Health Leaders—“the most phenomenal experience ever.” When she returned to Vancouver, full

of newfound confidence, she “rocked the interview” for the job of Director of Mental Health for Providence.

It’s a big task. Duff has the overall program accountability and oversight for all of Providence’s mental health services.

Her aegis includes one of Canada’s toughest neighbourhoods, the Downtown Eastside, whose mental health patients often have concurrent health issues, like addiction.

Duff winds down from her challenging job by playing golf, as co-captain of the University Business Women’s golf group. When her energy flags, it’s quickly buoyed by the passion and dedication of her accomplished at-work team.

“The beauty of the healthcare profession is that there’s a tangible result. You made a difference in that patient’s day, and in that person’s hospitalization,” she says. “Or you made a difference on a more macro level, and all of the patients coming to your hospital are going to receive better care because you implemented this system.” ■

Jennifer Duff Director, Mental Health, Providence Health Care, UBC MHA 2007 JDuff@providencehealth.bc.ca http://www.linkedin.com/pub/jenduff-rn-bsn-mha-che/38/54a/75b

“The beauty of the healthcare profession is that there’s a tangible result. You made a difference in that patient’s day, and in that person’s hospitalization.”

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The Sauder Story WHILE THE HISTORY OF THE UBC FACULTY OF COMMERCE

“Diversity. Knowledge. Entrepreneurship.

Connectivity. Community.These are the elements that give a business school such as Sauder great vision.”

– Daniel F. Muzyka

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and Business Administration dates back 56 years, the launch and development of the Sauder School of Business is more recent. The School’s recognition around the world has added value to our alumni everywhere.

1999-2012 From 1999 to 2012, the Schoolâ&#x20AC;&#x2122;s evolution under the leadership of Dean Dan Muzyka has been confident and

IN THIS SECTION:

visionary. However, he is the first to insist that the story

Research & faculty ....... 24

began with, and is being written by, all members of our

Learning..........................28

community. On the following pages, you will find some of the

Community .....................40

key highlights of the most recent chapter of the Schoolâ&#x20AC;&#x2122;s story. We hope you will help us write the next one.

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RESEARCH CENTRES

In the last decade, we established seven specialized research centres to create and share knowledge.

Research & faculty Sauder’s Finance Division was cited in the Journal of Finance as having the most impact of any Canadian school on the body of knowledge available for practitioners.

RESEARCH PRODUCTIVITY

Leading recipient

Leader in Canada

For the last decade, Sauder has been the leading recipient of grants from Canada’s major federal funding agencies.

2002

The global Social Science Research Network (SSRN) rated Sauder as the leader in Canada, and among the best in the world for business and management research.

2007

2006

2006—2010

25

th

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The University of Texas (Dallas) rankings put Sauder in 25th place for research output.

82

%

Percentage of faculty members’ applications for support to the Social Sciences and Humanities Research Council of Canada (SSHRC) and the Natural Sciences and Engineering Research Council (NSERC) that were successful (the national success rate for SSHRC grants ranges from 30 to 40 per cent).

Unites multiple faculties to enhance healthcare delivery services by conducting healthcare management research and translating it into practice.

Supports the unique needs of family enterprises, and serves to strengthen the capacity of business family advisors and professionals.

Centre for Health Care Management

Phillips, Hager & North Centre for Financial Research

Fosters leadership and knowledge creation to keep Sauder at the leading edge of financial research.

ISIS Research Centre

Champions research in sustainability by focusing on social enterprises, low-carbon economies, sustainable business models, corporate social responsibility and First Nations economic development.

Business Families Centre

Supports theoretical and applied research into the role of governments in the Canadian economy and into the relationship between government and business in Canada. Centre research investigates the way governments should operate to best serve their constituents and the causes and effects of actual government activities.

Centre for CEO Leadership Phelps Centre for the Study of Government and Business

KPMG Research Bureau In Financial Reporting

Offers facilitated peer-to-peer learning and support amongst its member CEOs, leveraging the resources of the Sauder and UBC communities.

An academic hub for research in the area of financial reporting, the KPMG Research Bureau bridges theoretical and empirical economic analyses of external and internal financial reporting, auditing and taxation.

Top

1

st

20

The Management Information Systems division of Sauder ranked first in the world in terms of the number of publications in the top four information-systems research journals.

Sauder ranked in the Financial Timesâ&#x20AC;&#x2122; top 20 for its research impact.

2008â&#x20AC;&#x201D;2010 2008

2010

2012

2011 New research grant funds:

$1.2+ Million $224,000

Obtained from SSHRC Obtained from NSERC

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25

Professor Chloe Tergiman joined Sauderâ&#x20AC;&#x2122;s internationally recognized Strategy and Business Economics Division in 2010. She received her PhD and MA in Economics from New York University, and her Bachelor of Science in Economics from the Massachusetts Institute of Technology.

Professor Tergiman is a backcountry enthusiast, and is shown here atop Stein Mountain, near Lillooet.

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Tergiman’s research focuses on entrepreneurship and management, and her courses include New Enterprise Development, Macroeconomics, and Technology Entrepreneurship.

“As a faculty member, my goals are to produce the best research, continuously pushing the frontier of knowledge, and to offer challenging and exciting classes for students.The Sauder School of Business provides a truly amazing environment for its junior faculty members: the research environment is exceptional, and Sauder throws its full support behind its faculty. My experience with students has also been truly rewarding: both the undergraduate students and those from the full-time and international MBA programs have shown an exceptional drive and the ability to master material quickly and thoroughly. It is a privilege to be a part of a School that attracts world-class faculty and top students from all over the world, and I look forward to many more years at Sauder.”

– Professor Chloe Tergiman

FACULTY RENEWAL In the last decade, Sauder put tremendous effort into renewing and expanding our core faculty— with substantial results. Sauder is home to toptier scholars holding doctoral degrees from the world’s most prestigious universities, including Stanford, Harvard, Yale, Wharton, the London School of Economics, and Oxford.

Our faculty enjoys worldwide recognition for its excellence in research, teaching and outreach, consistently ranking in the top 20 worldwide for research. Its members are classroom innovators bringing fresh perspectives and the latest in management thinking to students and the community.

2002

2011

In the past ten years, 74 new faculty members have joined Sauder.

The number of full-time faculty members increased from 84 in 2002 to 108 in 2011.

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Learning BUILDING REVITALIZATION In 2006, the School embarked on an extraordinary campaign to revitalize its learning environment. The building redevelopment and expansion was completed on March 1, 2012.

The Schoolâ&#x20AC;&#x2122;s new facilities invigorate the leading-edge learning, research and engagement opportunities the School is committed to providing to students, faculty, alumni and the community.

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The recent $70-million renewal and expansion of Sauderâ&#x20AC;&#x2122;s facilities on UBC campus added 55,000 square feet to the existing 216,000 square foot complex.

Renewal highlights include: The Robert H. Lee Graduate School, a substantial new space dedicated to graduate programs, which provides classrooms, along with meeting and breakout rooms equipped with videoconferencing technology, a private patio and environments for socializing and individual study.

The Bruce R. Birmingham Commerce Undergraduate Centre, which features study spaces, meeting rooms and student breakout rooms.

The Jim Pattison Leadership Centre, which features two new lecture theatres, conference rooms and lounge spaces.

The Middlefield Group Lecture Theatre, a 260 seat state-ofthe-art lecture theatre with associated conference rooms.

The Hari B. Varshney Business Career Centre, which provides extensive resources to position students for success after graduation.

The K.T. Tjia & Anna Chia Atrium, which connects the old building with the new spaces, creating a bright and welcoming atmosphere.

The Big 4 Conference Centre, housed in a glassencased penthouse, supported by Deloitte, Ernst & Young, KPMG and PricewaterhouseCoopers.

The Canaccord Learning Commons, which features a digital media studio, computer workstations, collaborative work spaces and reference and technical support services.

The Wayne Deans Investment Analysis Centre, which provides students and faculty with real-time access to global capital markets data.

CA Hall, a large-scale central foyer surrounding the atrium, which provides extensive room for student and public gatherings. d.studio, which provides the creative environment and technology necessary for collaborative and creative investigations of business and policy design challenges.

Officially opened in 2009, the MBA House is one of the first residences of its kind to be dedicated to MBA students in Canada. The 40,000 square foot facility offers its student residents a collegial and diverse social, intellectual and cultural environment.

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PERRY ZAVITZ

Sauder alumnus and Faculty Advisory Board member Fred Withers, BCom 1977, served as chair of the Opening Worlds Campaign for the revitalization of the School’s learning environment. Once affectionately referred to as “Angus High” (due to its resemblance to a 1960s secondary school, and a nod to the Henry Angus Building, the heart of the School, built in 1962), Sauder now boasts state-of-the-art facilities for 21st century learners.

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The new building of the Sauder School of Business was selected as a winner of a 2010 Canadian Green Building Award offered through Sustainable Architecture & Building magazine (SAB), one of eight projects recognized for their high levels of sustainable design, architectural excellence and technical innovation. “A revised colourful and vibrant glazed façade signals the rebirth life of the building,” noted the SAB jury, calling the project “a stand-out for its renovation of a mundane 1960s University of British Columbia building that takes the assets of the old building and improves them.”

“Each of us has a story of why our gift was made, and each of those stories is special and personal. But rooted in each of those personal stories is a belief in the importance of education; a belief in the vision, the dream, you have for the School; a belief that it is okay to strive to be the best—not just the best in the city or the province or the country, but the best in the world; a belief that a great faculty, great programs and great students need the best tools and learning environment to be the best; and a belief that we all have an obligation to our larger community.”

– Fred G. Withers, BCom 1977, Chair, Opening Worlds Campaign / Member, Sauder School of Business Faculty Advisory Board / Chief Development Officer, Ernst & Young

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Since graduating, Cameron Lang, BCom 2006, founded Red Label Communications, a creative agency that provides value-driven marketing solutions to clients large and small, with three other Sauder School graduates. He remains wellconnected to the School, occasionally speaking to marketing classes and his company regularly provides co-op placements for Sauder students. He says the School is a great place to find new talent.

INNOVATIVE CURRICULUM At Sauder we develop curricula to keep pace with the evolving needs of business and the success of our programs continues to grow. We have developed one of the top undergraduate programs in Canada; and our MBA program, offered by the Robert H. Lee Graduate School, is ranked among the top 100 in the world.

“The course was a phenomenal experience, like no other class I have ever taken. It’s very valuable and definitely does empower and help people to start companies like this. It teaches you to learn and think about things on your own rather than from a textbook.

They brought in someone new each week, and we peppered them with questions. A patent lawyer talked about intellectual property, an industrial design instructor talked about solving problems in a humanistic way.That opened my eyes.There are extraordinary benefits to having access to people with real world experience.”

– Cameron Lang, BCom 2006 (Marketing), Founding Partner, Red Label Communications

Leading Bachelor of Commerce

Award-winning MBA, re-imagined

Internationally renowned PhD program

Students from across Canada and around the globe choose Sauder’s four-year Bachelor of Commerce program to earn a world-class university degree, and develop the skills and confidence needed to become business leaders.

A global business school’s report comparing the employability of MBA graduates around the

Sauder offers PhD programs in all major business disciplines, from accounting to urban land economics.

• New specializations include Sustainability, Entrepreneurship, and Business and Computer Science.

• Introduced in 2011, the Commerce Scholars Program provides academically gifted undergraduates with mentorship from distinguished faculty members.

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world placed Sauder’s Robert H. Lee Graduate School in the top 20 in North America, recognizing UBC MBA grads as a preferred source of top talent for employers.

In fall 2012, we will launch a revised MBA program, which moves away from narrow specializations towards the broader skill sets demanded in the global job market. For example, a new global immersion module will send students to China, India or Denmark, and business clinics will offer students applied, experiential learning in tandem with community and business partners.

• A multitude of innovation centres support research activities and offer opportunities for applied projects.

• Our PhD graduates earn attractive faculty positions in top academic institutions around the world.

• PhD program ranked 18th worldwide by the Financial Times.

EUGENE LIN

Cameron Lang attributes much of his success to the entrepreneurial skills gleaned in COMM 486: New Venture Design, a unique class that brings engineering and business students together to create new business ventures.

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BROAD-BASED ADMISSIONS

TEACHING INNOVATION: COMM 101/D-STUDIO/CREATIVITY

To equip students with the knowledge, skills and competitive edge necessary to succeed in today’s changing business landscape, professors need to go beyond lectures and exams. COMM 101, d. studio, and Creativity are just some of the innovative courses developed in recent years to ensure that students’ skills are honed to meet real-world needs.

In 2003, Sauder introduced broad-based admissions at UBC in an effort to learn more about our students both as learners and as leaders. Since then, we have seen a three-fold increase in the number of students taking part in the greater Sauder community. Employers also value the extraordinary leadership and social skills our well-rounded graduates bring to their organizations.

EXECUTIVE EDUCATION In 2012, Sauder ranked 61st among the world’s top providers of executive education in the Financial Times Executive Education 2012 ranking, for its open enrolment programs. In its best ranking, Sauder ranked 22 in the world in the Repeat Business & Growth category, which combines the School’s growth in revenue and percentage of participants who return for further training.

COMM 101

d.studio

Creativity

Unlike traditional introductory business classes, COMM 101 avoids exams, textbooks and formal lectures. Instead, the classroom buzzes with activity as students discuss case studies, tweet or click responses, and blog in response to challenges presented by professors and guest speakers.

Launched in 2010, this handson, studio-based class teaches innovative problem-solving techniques for business.

Students work in teams, blending design approaches with critical and creative thinking, to solve service-based problems for real clients.

A creative approach to business is integral to our reimagined MBA program. Every student takes Creativity, a boundary-pushing exploration of the creative spark that drives business and personal innovation.

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NEW PROGRAMS Early Career Masters The first of its kind in Canada, this program provides recent non-business degree graduates with a foundational business education. Graduates from the program have successfully started their own companies and obtained senior management positions.

Executive MBA in Health Care This 16-month, part-time program offers healthcare executives the broad leadership and management foundations of an MBA applied to healthcare management. Established in 2008, the program meets organizational and industry-wide demands for innovative problem-solving in healthcare.

“Creativity in business is one of the fundamental factors for success. It involves being able to innovate, find new ways to do things you already do and having a fresh attitude in everything you do.”

– Darren Dahl, Profesor and Chair, Marketing Division

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EUGENE LIN

Yassaman Nouri knew she didn’t want to spend the next 40 years of her life “de-bugging” computers. So the well-travelled, self-professed “math geek” and speaker of four languages abandoned computer science studies in favour of finance at the Sauder School.

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HARI B. VARSHNEY BUSINESS CAREER CENTRE The Hari B. Varshney Business Career Centre is crucial to our students’ success in their careers. Over the past decade, the Centre has ramped up the delivery and quality of its services. It facilitates year-round career coaching, connections between students and employers, and co-op placements. Its Trek program, introduced in 2000, takes students to leading business destinations in North America and Asia to learn about global corporate cultures and industries. As a result of the Centre’s efforts, the number of students employed within three months of graduation has risen every year since 2003.

Originally from Iran, Nouri hopes to pursue a career dedicated to reducing poverty through areas of social finance, community development and international development.

During her years at Sauder, Nouri was actively involved in clubs and not-for-profit activities, and provided career assistance and training to more than 300 of her fellow students over three years with the Hari B. Varshney Business Career Centre.

MM-ECM COMMUNITY BUSINESS PROJECT 2011 In 2010, The Children’s Foundation, a social profit organization providing a unique combination of counseling, prevention and intervention services focused on building stronger families and capable children, turned to the Hari B. Varshney Business Career Centre for help on their project to increase awareness of the Foundation and its services, and reach wider and younger audiences.

The Centre suggested the Community Business Project, a volunteer-based initiative designed to give Master of Management—Early Career Masters (MM-ECM) students an opportunity to apply their business skills to community-enriching projects. A team of three ECM students—Mario Cruz, Oana Toma, and Maria Shipulina—worked to create a report for The Children’s Foundation Board of Governors with recommendations and solid evidence of the benefits and pitfalls of social media communication for a social profit organization. They assessed the risks and benefits of incorporating social media into existing communications plans, proposed a social media strategy that maintains client confidentiality while maximizing fundraising mechanisms, and provided recommendations to the Board, including the creation of a social media policy and a recommendation that the Foundation rebrand its services and adopt a new name to differentiate itself from the many other similarly named organizations.

“One of the things I appreciated greatly about the students was their ability to get us to that bigger picture,” noted Elizabeth Demner, President of the Board of Governors. “They helped us realize that the issue we had was much larger than “do we use Twitter or Facebook?’”

“They challenged our thinking,” added Executive Director Jim McLaughlin. “They did a great job of telling us what was, they did a great job of telling us what is possible, and they gave us great feedback on the kinds of cautions we need to have as we move forward.”

“Sharing your stories as a peer gives you extra authenticity.

I have had to really build my own network, talk to professors, visit the places I’ve worked before and check in with my previous employers. I value the opportunity to spread that information to other people. It’s inspiring working with students to help them determine who they are, their strengths, what kind of jobs and industries they want to work in, teaching them about informational interviews, regular interviews, resumes, cover letters, applications.

I think every faculty should have a business career centre. I don’t think I’ll ever stop being involved with it in some way.”

– Yassaman Nouri, BCom 2010 (Finance), Supervisor, Career Peer Advising Program, Hari B. Varshney Business Career Centre

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INTERNATIONALIZATION

INTERNATIONAL PARTNERSHIPS

100

Sauder School of Business students are encouraged to participate in an exchange to internationalize their BCom degree experiences.

Over the last ten years, the Sauder student body has become increasingly internationalized, with people from over 100 countries arriving to enrich the multicultural learning experience.

50 27

countries

%

21

increased international enrolment BCom international enrolment increased from three per cent in the late 1990s to 21 per cent in 2010.

50

languages On average, nearly 85 per cent of MBA students hail from outside Canada, speaking over 50 languages.

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partnered institutions Located at Canada’s gateway to the Asia Pacific, Sauder has a distinctly international perspective on business, demonstrated by our teaching and research activities around the globe, the multinational diversity of our staff and student body, and our international partnerships. Sauder now has partnerships with over 50 institutions in 30 countries.

At the BCom level, Sauder has partnerships with

of the best business schools in

countries around the world.

BCom students can also choose from over

150 40 37 22

of UBC’s partner schools in over

countries.

At the MBA level, Sauder has

partner schools in

countries.

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SPRING / SUMMER 2012 VIEWPOINTS

IMBA

st

1

degree program Established in 2001, the UBC International MBA in Shanghai was the first degree program to be offered by a Canadian business school in China.

This unique program features world-class UBC faculty, an award-winning curriculum recognized by the Chinese Ministry of Education, and two weeks of study in Vancouver.

ACCREDITATION

%

1

of global business schools Sauder is one of only 66 institutions accredited by both AACSB (The Association to Advance Collegiate Schools of Business) and EQUIS (European Quality Improvement System), placing us among the top one per cent of global business schools.

STUDENT EXPERIENCE

SERA student-led initiative

Sauder’s Student Experience Research Advisory (SERA) is a student-led initiative which is creating research to help guide student experience at the School. Unique among business schools in Canada, it is the only undergraduate student-led research body with a commitment to enhancing student experience.

Anna Murray completed part of her International MBA in 2006 while working for HSBC in Shanghai on its Globalization Program. She has served as Manager, Sustainability and Stakeholder Engagement with Xstrata Nickel for its Projects and Exploration team.

“Shanghai is such a contrast of old and new world, and every day, you experience that juxtaposition.

It’s an incredibly invigorating environment to be in.

You are literally seeing the world change before your eyes, on a day-to-day basis. It was one of the best experiences of my life. My experience in China was totally invaluable. Of all the places I’ve lived in the world, it was the place that I did not want to leave.”

– Anna Murray, IMBA 2007, Senior Advisor, Corporate Affairs, Talisman Energy

PERRY ZAVITZ

Anna continues to volunteer with the Stephen Lewis Foundation, Schools Without Borders, United Nations Women Canada, and the Canadian Centre for Victims of Torture.

Anna was recognized by The Women’s Executive Network with a 2010 Canada’s Most Powerful Women: Top 100 award in the Future Leaders category.

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Community FUNDRAISING In 2006, the school embarked on an extraordinary campaign to revitalize its learning environment. The building redevelopment and expansion was completed on March 1, 2012.

In total, $52 million was raised with generous support from the community as well as Sauder School undergraduate and graduate students, who pledged financial support in the way of special building fees.

Over $160 million raised between 1999 and 2012

William L. Sauder and Marjorie-Anne Sauder In 2003, Bill and Marjorie-Anne Sauder endowed the Faculty of Commerce and Business Administration with the largest single private donation ever made to a Canadian business school at the time. Their gift of $20 million, combined with a Provincial commitment of $1 million per year in increased funding, supported the creation of additional student spaces, new courses and management programs for Canadian and international students, and the expansion of the Schoolâ&#x20AC;&#x2122;s faculty and research capabilities. In recognition of this transformative gift, the Faculty was named the Sauder School of Business.

List of $1 million + donors to the Sauder School of Business: Barry Allan

Coast Capital Savings

Michael Phelps

BC Innovation Council

Wayne Deans

Richard Poon

The Big 4 Accounting Firms (Deloitte, KPMG, Ernst & Young, PwC)

Lalji Family

RBC Financial Group

Robert H. Lee

William and Marjorie-Anne Sauder

Bruce R. Birmingham

Barrie Martin

BMO Financial Group

Middlefield Group and friends

Canaccord Financial in honour of Peter M. Brown CIBC Commerce Undergraduate Society

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Sales and Marketing Executives International

Ministry of Advanced Education

Students of the Sauder School of Business and Robert H. Lee Graduate School

Jim Pattison Phillips Hager & North

Tjia and Chia Family

Portfolio Management Foundation

Hari B. Varshney and Family

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Robert H. Lee In 2005, UBC announced a major gift of $15 million in support of graduate education at the Sauder School. The commitment was led by an initial gift of $5 million from real estate leader and former UBC board member and chancellor, Dr. Robert H. Lee. In recognition of his long-term dedication to the university, UBC endowed $5 million to match his gift. Dr. Lee and UBC also secured an additional $5 million in support of graduate programs at Sauder. The Robert H. Lee Graduate School was established in November 2006.

“I am very proud to be able to give something significant back to UBC, the institution that provided me with the knowledge to help me establish my business career, and to British Columbia, which I have called home all my life.”

– William L. Sauder (1926-2007), O.C., O.B.C., BCom 1948, LL.D.

“As alumni of the business school, we were fortunate to benefit from a high-calibre education that enabled us to go forth and become successful in business and contribute to our community. I feel privileged to be able to give back to the school that has given me and my family so much over the years.”

– Dr. Robert H. Lee, O.C., O.B.C., BCom 1956.

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GLOBAL ALUMNI NETWORK

An exclusive network of accomplished business professionals, the Sauder Global Alumni Network is comprised of more than 33,000 people in 74 countries around the globe.

24,278 North America

26 South America

353 Europe

20 Africa

BUILDING NETWORKS AND SEIZING OPPORTUNITIES Last September more than 500 UBC Faculty of Commerce and Business Administration and Sauder School graduates from all years and programs came together to celebrate the official launch of the Sauder Business Club of Vancouver (SBCV). Run by alumni for alumni, Sauder Business Clubs have been established in Toronto, London, Calgary and China, serving the business, social and professional development interests of our alumni communities.

SBCV is the fifth and largest business club in the Sauder Global Alumni Network, reaching out to the more than 16,000 alumni in Metro Vancouver.

ALUMNI ENGAGEMENT

entrepreneurship@UBC With leadership from Sauder, UBC has launched entrepreneurship@ UBC (e@UBC), a campuswide initiative to foster a culture of entrepreneurship, provide enhanced learning opportunities, and ultimately accelerate new venture creation and growth through access to capital, space, start-up services and mentors. e@UBC is built upon a foundation of strong support from alumni and the business community.

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SPRING / SUMMER 2012 VIEWPOINTS

31 Middle East

1,397 Asia

65 Australasia

6,799 lost alumni

“I get the most satisfaction from contributing to others and their success. As an entrepreneur, angel investor and Sauder alumnus, entrepreneurship@UBC is an exciting opportunity for me to help to accelerate the formation of companies founded by students and young alumni. I believe we can make UBC a great place to start companies.

We can have a profound impact on new ventures and job creation in the province; and we can motivate the next generation to pay it forward.”

– Greg Peet, BCom 1976, Chairman of Advisory Board, entrepreneurship@UBC

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OUTREACH CENTRES & PROGRAMS

Faculty Advisory Board

Business Families Centre

Sauder significantly increased the involvement of top Canadian and international business leaders and alumni on its Faculty Advisory Board, remaking it into an active and engaged supporting organization. This group of approximately 35 high-level executives advises the dean, administration and faculty members on strategies and programs; serves as a critical sounding board in the development of new ideas and initiatives; and helps build the School’s relationships and networks locally, nationally and around the world.

Since 2001, the Business Families Centre has attracted thousands of families and their advisors to education programs and resources. Most recently, BFC’s Family Legacy Series dinner drew 750 members of the business community in 2011. The Family Enterprise Advisor Program, offered in Vancouver and Toronto, is now the education prerequisite for the world’s only accreditation in this field.

Centre for CEO Leadership The Sauder Centre for CEO Leadership was formally launched in December 2010 and exceeded expectations by attracting over 25 participating member CEOs in its first year. The Centre brings the best in thought leadership to the most senior business people in Canada.

“The relationship between Sauder and the business community has been transformed over the past decade.

Dan’s leadership has tapped the energy and commitment of the top business leaders in BC, Canada and beyond to facilitate the reinvention of the School.”

– Paul Hollands, BCom 1979, Chair, Faculty Advisory Board / President & CEO, A&W Food Services of Canada Inc.

Ch’nook The Ch’nook Initiative was founded by Sauder in 2002 as a way to increase Aboriginal engagement in business education studies.

Ch’nook supports Aboriginal learners in building the knowledge and skills required to create and maintain sustainable enterprises and economic development in First Nation communities.

The Africa Initiative Taught by students and alumni from UBC and Strathmore University in Nairobi, the Sauder Africa Initiative has encouraged youth entrepreneurship and promoted small business ventures in Kenya since 2006.

ARC Initiative The project includes seed funding to facilitate business development, student internships with businesses in Phalaborwa, South Africa, and business skills and leadership workshop with local entrepreneurs.

“We need to challenge the stereotypes and perceptions about what Africa is and who we are as African people. I came to Sauder not to be a straight-A student but to grow myself and my character and advance my leadership ability and skills. Leadership is one of the things we need in our continent. I’m hoping I can use my experience and come back to contribute to the growth of my country.”

– Thato Makgolane, BCom 2011 (Accounting), Founder of ARC Initiative

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SPRING / SUMMER 2012 VIEWPOINTS

EUGENE LIN

Thato Makgolane came to the Sauder School under the prestigious International Leaders of Tomorrow program. He started the ARC Initiative to create a two-way learning exchange between young entrepreneurs in Phalaborwa, his hometown in South Africa, and Sauder students, faculty, alumni and Vancouver business leaders.

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45

Chair of Sauder’s Faculty Advisory Board since 2007, Paul Hollands, BCom 1979, has led the School’s rebranding and worked with Dean Dan on many other developments.

PERRY ZAVITZ

Bob Stewart, BCom 1955, McGill, was Chair of Sauder’s Faculty Advisory Board from 1994 to 2007, and is now Director Emeritus. Viewpoints talked to Stewart about the challenges facing the School when Dean Dan Muzyka assumed his post.

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LOOKING BACK: DEAN DAN MUZYKA AND THE CREATION OF THE SAUDER SCHOOL OF BUSINESS BY

JENNIFER WAH AND ALLAN JENKINS

PAUL HOLLANDS

BOB STEWART

“A business school reborn”

“A journey of many people”

On Dean Dan as Architect-in-Chief “Dan Muzyka built us a rocket. He got the prototype on the platform, and has positioned it to reach a new orbit. His legacy is that he showed the School how good it could be, and he did this through leadership by example. The milestones we’ve achieved over the past 13 years as a school have been because of his will and hard work. Dan inspired so many people he worked with to reach for great things. Early on, he said to me: ‘I will put everything I have into making it happen,’ and that’s just what he did.”

On the BC post-secondary tuition freeze of the 1990s “At the time Dan started, the provincial government had a tuition freeze in place on the BCom and the MBA programs, making the latter one of the lowest priced MBAs in Canada. Paradoxically, would-be applicants looked at the low price and wondered at the disparity. Was there something wrong with the program? The tuition freeze had to be lifted— otherwise the economic means to achieve all the goals Dan wanted to achieve simply wouldn’t be there.”

On the most tangible changes over the past 13 years “There are both intangible and tangible signs of the rebirth of the School, and all are built on the past successes of the School. Some of the more visible indications include a state-of-the-art new learning space; a dramatic shift in awareness of the School, from being known as an excellent regional school, to an internationally branded business school; and the ongoing calibre of research and education, both in historic areas of strength such as finance, but now adding corporate social responsibility and leadership. The final area I would spotlight from over the past decade has to do with our increased and committed outreach with our communities, especially alumni.

“Some things will never change, however. Academic rigour, highquality teaching, and the collegial quality of the experience. And we will always put first our desire for alumni to feel a sense of pride that their own self-esteem is burnished by their association with the School.”

On the Sauder School of Business becoming a “headline act” “I now run into alumni who say: ‘I went to the Sauder School of Business,’ when they actually attended the UBC BCom or MBA programs. It may seem like a nuance, but comments like that show our brand now has more value than ever. We’ve arrived.”

On why any of this should matter to alumni “The stronger and more powerful the Sauder School and its brand become, the better for alumni, plain and simple. If your colleague, son or daughter is considering business education, then Sauder has to be a place you will recommend. If the School’s network of relationships grows, with alumni, academics and businesses, then alumni connections grow, by association. And if Sauder has added credibility and value in research and thought leadership, then alumni value increases, too.” ■

On tapping into the School’s potential “We knew, when we looked at other business schools, the naming of the School was the way to go. It opened the door to more active fundraising, which in turn helped us to build on the academic excellence that existed.

We are forever grateful for the generosity of Marjorie-Anne and Bill Sauder for what at the time was the largest single donation to a Canadian business school.”

On attracting the future business leaders of our time “Early on, it was recognized the desire of so many high school graduates applying to enter the BCom program at Sauder was resulting in about 10 percent being accepted. Needless to say they were in the very top academic standing of their respective high schools, but by using this single denominator, there was concern that Sauder could be missing out on students with solid academic standing that had even more to offer. Because of their involvement on non-academic activities in and out of school, they offered the potential of a more rounded student capable of higher achievement. Thus was born the introduction of broad based admission in 2005.

“When we spoke with heads of companies that hired BCom students, we found the idea that Sauder graduates would come to the work force more rounded, they just about jumped out of their chairs in their enthusiasm.”

On Dean Dan as the energizer “Dan has been the energizer, the leader. He is the one that had to gain the support of the University president, his own faculty and the Board of Governors to name a few.

“It is one thing for the Faculty Advisory Board and the dean to be in sync, but unless he can make it happen, it won’t. Fortunately Dan provided the leadership and some pretty good salesmanship. His entrepreneurial streak is well-recognized in the business community, not just in Vancouver, but widely.

“I’ve often asked myself, would we have achieved all of this without Dan?” ■ VIEWPOINTS SPRING / SUMMER 2012

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SAUDER’S STRATEGIC PLAN

The road ahead BY

ALLAN JENKINS

The Sauder School of Business Strategic Plan 2012, published earlier this year, is guided by an overarching mission and builds on five core strengths, including research excellence, international recognition, community engagement and external influence, and the school’s leadership role in the education of our graduates who go on to become influential global citizens.

Canada and the world as a whole in business education and research. As one of the most the visible parts of the University, the Sauder School’s plan dovetails closely the University’s strategic plan while emphasizing our leadership role in important areas.”

Research Sauder is Canada’s leading research business school and one of the world’s top 25, and we are committed to extending the influence and impact of our research. Among our initiatives: • Continue to recruit world-class academics to our research and teaching

PAUL HOLLANDS, CHAIR OF THE FACULTY ADVISORY BOARD AND CO-CHAIR of the Strategy Task Force, describes the strategy as the view from 35,000

feet; a guide that “reinforces where we’re going for those inside the organization, and hints at our direction to those outside.”

According to James Brander, Co-chair, Strategy Task Force, Professor, Strategy and Business Economics, “The Sauder School has been on an exciting journey over the past 12 years under Dean Dan Muzyka, leading to a major transformation of the School—including a new name and a renewed, award-winning building.

“Building on our traditional strength in research and our high-quality teaching programs we have greatly increased our international profile, enhanced our relationships with the local and national business community, reconnected with our alumni (many of whom are successful business leaders), increased our research capacity, and restructured our teaching programs. This has been a highly successful trajectory.

“The current strategic plan is, in essence, to continue on this trajectory.

At this stage what we need is evolution, not revolution, and that is what the plan calls for. This does not mean relaxing or resting on our laurels.

It does mean maintaining an intense focus on improving our already very strong performance in all major areas and playing a leadership role in both

Global Presence

Reputation

Achieving our Mission by building on Core Stengths

SPRING / SUMMER 2012 VIEWPOINTS

Our graduates We are committed to further improving the career opportunities for graduate and undergraduate students, and contributing to the lifelong success of our alumni. Some initiatives: • Reposition the MBA program, building on our position as one of best programs in Canada • Improve the student experience and culture of our industry-leading BCom program, while increasing its funded capacity • Accelerate placement of our graduates in major business centres

Global presence We already have strong international visibility, but we aim to • Increase our presence in China and beyond • Build a more geographically diverse student body • Ally with more leading international universities

Reputation Building on the UBC brand and the successful Sauder branding campaign following the renaming of the school, we will now focus on targeted marketing, branding and building reputation, especially in selected foreign markets.

Our network of alumni, corporate, government and other relationships is central to our future. To make it stronger, we will: • Build stronger relationships between faculty and business

Mission: to become Canada’s most influential, globally recognized business school through the impact of our research and our graduates.

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• Make research an even more important part of teaching

Network

Research

Our Graduates

• Actively communicate our research to the business world by making better use of media

• Improve corporate and institutional relationships, at home and abroad, to improve student recruitment and placement and to access outside expertise ■

Network

Read the Sauder School of Business Strategic Plan Summary at www.sauder.ubc.ca/~/media/Files/ sauder-strategy-2012.ashx

Sauder

revamps MBA

for an increasingly

complex, global marketplace

In April, the Sauder School of Business at the University of British Columbia announced a revamped MBA for Fall 2012. Offered by Sauder’s Robert H. Lee Graduate School, the new program emphasizes hands-on learning, global immersion and integration of business disciplines for a “360-degree” management perspective.

PHOTOS BY

MARTIN DEE

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49

STUDENTS WILL TRAVEL TO ONE OF SAUDER’S PARTNER INSTITUTIONS

to work with MBA peers on experiential projects for multinational companies, such as IBM and Microsoft.

At home, they will collaborate with classmates across all business disciplines to work on projects for organizations in Vancouver and beyond that emphasize applied problem solving and real-world connections.

“We are transforming the way we conceptualize MBA education,” says Sauder Dean Daniel Muzyka. “By embracing an integrated approach that responds to the reality of international business, rather than academic tradition, and focusing on using knowledge in real-world contexts at home and around the globe, we’re equipping students to find success in the hyper-competitive international job market.”

Sauder has been a pioneer in integrated approaches in the MBA since 1995, when it introduced the award-winning Integrated Core to its program. Among the first of its kind in North America, the intensive 13-week interdisciplinary learning experience links critical business functions to give students a 360-degree management perspective.

Over the past two years, Sauder worked with business leaders, faculty, students and alumni to build on its integrated approach and completely revamp its program. As a result, the program is streamlined from eight specializations and 10 sub-specializations into four career tracks:

Business Innovation: Designed for entrepreneurs who want to bring new products and services to market and “intra-preneurs” seeking to lead innovation within organizations.

Consulting and Strategic Management: With curriculum bringing together corporate strategy, information technology and supply chain management, students also learn “soft skills” needed to lead transformational change.

Product/Service Management: A blend of marketing, and operations and information management, students focus on product, service and brand management.

Finance: Examining the financial industry in the broader business context, the principles of finance are applied to investment banking, corporate finance, portfolio management, trading and risk management.

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SPRING / SUMMER 2012 VIEWPOINTS

Integrated projects: To reinforce a holistic business perspective, students

“We will give our students experiences that aren’t as clean and clear-cut as

from across career tracks are pulled

typical academic classes and cases,” says

together throughout the 16-month

Murali Chandrashekaran, Associate Dean

program to work on a series of integrated

of Professional Graduate Programs and

projects for organizations. Ranging from

Director, Robert H. Lee Graduate School.

consulting for multinational companies or

“We want to cultivate leaders who can em-

local entrepreneurs to working with First

brace ambiguity and dive into the cauldron

Nations groups or economically-challenged

of complex organizations, assess problems

communities in Vancouver and beyond,

and find creative solutions with limited

projects emphasize live problem solving

information and time. To do this we need to

and real-world connections.

push our students to learn by doing and to courageously make changes in communi-

Global immersion: An international

ties locally and abroad.”

theme runs throughout the new MBA program and finds the most direct

Internship innovation: The new MBA

application in the project-based course

offers two alternatives to traditional

Global Immersion. Students travel to

internships for meaningful applied

partner schools—Indian Institute of

experience. The Entrepreneurial Project

Management Bangalore, Copenhagen

enables students to pursue a new venture

School of Business or Shanghai Jiao

of their own creation from prototyping

Tong University—where they form teams

to market launch. The Team Consulting

with MBA counterparts and work for

Project will allow a select group of top

multinational companies. After returning

students to act as strategic consultants

home, the teams continue to collaborate

for a high-profile organization or social

remotely to develop business plans and

enterprise.

present reports to their sponsoring organizations.

New required thematic experiences: With a broad view on business and social issues, new required experiences provide unifying

Business clinic: Sauder’s Business Clinic

perspectives for the program. Modules on

is a new forum where businesses, non-

Creativity, Responsible Business, Global

profits and other organizations connect

Issues and Macroeconomics, Decision

with MBA students to get diagnoses

Making for Managers, and Leadership

on their operations and help with their

Development emphasize the core values of

challenges. A dynamic place where hands-

the MBA as well as the skills necessary for

on projects meet students, the clinic

future leaders.

allows MBAs to hone their skills and get real-world experience under their belts, while providing organizations with fresh perspectives on what they do, and how they can do better.

About Sauder’s new approach to MBA education, Dale Griffin, Associate Dean, Strategic Communications says, “Driven by the rapidly changing business world, our integrated model recognizes that managers today need a broader set of skills, a broader perspective on the globalized economy, and the ability and courage to provide strong leadership in the face of uncertainty and even chaos.” ■

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Sauder unveils $70M facility revamp into global education hub PHOTOS BY

MARTIN DEE

MARCH 1, 2012 MARKED THE GRAND OPENING OF THE SAUDER SCHOOL

of Business’s new facilities at the University of British Columbia.

The $70-million revitalization and expansion will allow the School to become a leading global destination for business education, adding 55,000 square feet to the original 216,000 square foot structure.

Over 300 members of the Sauder community—alumni and friends of the School, faculty and staff members, and students—gathered to celebrate the completion of the building redevelopment and expansion of the learning facilities at the School.

“We are tremendously proud to have built this extraordinary new home for business education in Canada with the support of our entire

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SPRING / SUMMER 2012 VIEWPOINTS

community,” said Dean Daniel F. Muzyka. “Our facilities now match our ambition to be one of the world’s preeminent hubs for business innovation and idea generation.”

The program included Wendy John, Council member and former Chief of the Musqueam First Nation, who brought greetings from the Musqueam First Nation, and an address from Prof. Stephen Toope, President and Vice-Chancellor of UBC. Highlights of the expansion and revitalization include the Robert H. Lee Graduate School, Bruce R. Birmingham Undergraduate Centre, Hari B. Varshney Business Career Centre, Jim Pattison Leadership Centre, the Big 4 Conference Centre, Middlefield Group Lecture

Above: Big 4 Conference Centre Left to right: Dean Daniel Muzyka, UBC Chancellor Sarah Morgan-Silvester, Prof. Stephen Toope

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53

Mrs. Marjorie-Anne Sauder

Middle photos: Business Families Centre Bottom photo: Mrs. Lily Lee and Dr. Robert H. Lee, with Prof. Moura Quayle (middle)

Theatre, Canaccord Learning Commons, Wayne Deans Investment Analysis Centre, K.T. Tjia & Anna Chia Atrium, d.studio and CA Hall.

In 2006, the school launched the Opening Worlds Campaign chaired by Sauder alumnus Fred Withers, BCom 1977, Ernst & Young’s Chief Development Officer for Canada, to support the revitalization of its facilities on UBC’s Point Grey campus. In total, $52 million was raised with generous support from the community, as well as Sauder’s undergraduate and graduate students, who pledged financial support through special building fees. Lead donors to the Opening Worlds Campaign include Robert H. Lee, Jim Pattison, Bruce R. Birmingham,

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SPRING / SUMMER 2012 VIEWPOINTS

Canaccord Financial in honour of Peter M. Brown, Middlefield Group and friends, Hari B. Varshney, the Tjia & Chia Family and Wayne Deans.

To date, the Sauder School of Business building has been recognized with a 2011 Lieutenant Governor of British Columbia Award in Architecture, 2010 Canadian Interiors Best of Canada Award, 2010 Sustainable Architecture & Building Canadian Green Building Award, and a 2010 Vancouver Regional Construction Association Award of Excellence. The building redevelopment was designed by Acton Ostry Architects Inc. and constructed by Scott Construction Group with UBC Properties Trust as project manager. ■

Front row, left to right: Prof. Stephen Toope, Dr. Robert H. Lee, Mrs. Lily Lee, UBC Chancellor Sarah Morgan-Silvester, Mrs. Madhu Varshney, Mr. Hari B. Varshney

Ms. Wendy John

Student volunteers VIEWPOINTS SPRING / SUMMER 2012

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DONOR PROFILE

WAYNE DEANS

Bicycle accident, or the end of civilization?

BY

ALLAN JENKINS

“Investing can be extraordinarily complex.

The genius is in keeping it simple.”

WAYNE’S WORLD

— Wayne Deans

This is the motto on the wall of the Wayne Deans Investment Analysis Centre, a $2.2 million gift to UBC by Wayne Deans, Chairman & CEO of Deans Knight Capital Management Ltd. THE CENTRE IS A HIGH-TECH LAB PROVIDING

students with the tools and information available to professional investment managers: share and bond price feeds, financial news and 17 terminals from Bloomberg, S&P and Thomson Reuters.

“When I was approached to donate, I said I wanted to give these kids something that ties the real world with the academic world. That’s how we came up with the idea. The Centre gives them all the financial and news feeds we get at our firm. They can sit there in that room and get all the information I get electronically,” said Deans.

Deans hopes the fire hose of information available in the Centre will help teach students about looking for insight.

“In business, we are bombarded with information. Numbers, figures, notions, from the time you get up in the morning. You have to question it, filter it. Media can’t tell the difference between a bicycle accident and the end of civilization. Is the breaking news a big deal? Usually not,” observes the colourful, straight-talking Deans.

“Investment management is not about how smart you are. There are a lot of smart

people in the world, and they far outnumber good investors. So it’s not smarts that make a good investor. We are not looking for inside information. We are looking for insight information. How you interpret information determines your success.”

Deans’ advice to new business graduates: “Think independently. Question things.

Too many people believe what they read in newspapers, they believe what they see on television news, and they believe what their boss tells them. People achieve and change the world by doing things in a different or a better way.

That’s how my clients all got rich.”

And he urges those new to business to ask themselves: “How do successful business people confront conventional wisdom? They think very independently for whatever reason. Steve Jobs achieved great success because he took the risk of being completely different in the way he did things. Warren Buffett, arguably the most successful investor of our time, takes complex information and interprets it uniquely and often simply.” ■

Wayne Deans Chairman and CEO, Deans Knight Capital Management Ltd., Vancouver

Born: 1946, Montréal

Education: BCom 1968, Sir George Williams University (now Concordia University), Montréal; MBA 1970, McMaster University, Hamilton.

Career: Began at the Bank of Canada as a central banker, rising to the post of Assistant Chief of the securities division. Later, he was Vice-President of the Wood Gundy stock brokerage and President of MK Wong & Associates. He co-founded Deans Knight Capital Management Ltd in 1992.

In his free time: Deans enjoys spending time at his home in Punta Mita, Mexico. He is also a fan of Formula 1 racing, and is attending the Indy 500 in May and the Canadian Grand Prix in June. Deans is an active philanthropist, donating to organizations throughout Canada. ■

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EARNING INTEREST TRENDS, TIPS, AND TIDBITS

Content curation “It’s not information overload… it’s filter failure!”

- Clay Shirky, American technology writer

We are bombarded with information from the moment we awake: news, industry trends, career moves, the doings of friends. And we get it from many sources: online newspapers and TV, Facebook, Twitter, blogs, podcasts.

One way to manage the fire hose of data is “content curation”—filtering your content stream so that you have a tailored information flow.

Here are five tools to help you: Google Reader lets you manage your subscriptions to online media and blogs. Completely searchable, and operating from “the cloud,” you can access it from anywhere. reader.google.com Delicious is still the most popular bookmarking site. Tag websites with relevant keywords and save. Delicious will also suggest similar websites. www.delicious.com

Flipboard turns your iPad into a daily magazine, accessing various online magazines and newspapers (with new ones being added almost daily). Gorgeous interface and simple to use once you have chosen a set of sources. www.flipboard.com Faveous collects your favorites from Twitter, Google Reader, Youtube, Facebook, and Delicious in one single place. You can access your Faveous from anywhere, including your iPad (via Flipboard). Smartphone apps are in the pipeline. www.faveous.com Paper.li lets you identify sources (Twitter, Facebook, newsfeeds) you want to follow and then publishes the content in an onscreen newspaper format. Sounds gimmicky?

Many businesses and professionals use Paper. li to collate and share breaking news and information. www.paper.li ■

TOP 5 RESTAURANTS IN THE WORLD Noma – Copenhagen, Denmark El Celler de Can Roca – Girona, Spain Mugaritz – San Sebastian, Spain D.O.M. – Sao Paulo, Brazil Osteriea Francescana – Modena, Italy Source: Restaurant Magazine

TOP 5 RESTAURANTS IN CANADA Vij’s – Vancouver Langdon Hall – Cambridge, Ont. Joe Beef – Montréal The Black Hoof – Toronto Atelier – Ottawa Source: Vacay.ca

Time management with a tomato When university student Francesco Cirillo looked for a better way to manage his time, he turned to a sheet of paper, a pencil, and his “Pomodoro,” a tomato-shaped kitchen timer. Twenty-five years later, it is one of the most popular time management techniques—and it is still no more complicated than paper and a timer.

The idea is to visualize tasks as discrete units of time, and force yourself to take breaks to refresh your mind.

The technique: 1. Choose a task and assign it “x” chunks of 25-minute periods (one “pomodoro”) to accomplish it 2. Set the Pomodoro for 25 minutes 3. Work on the task until the Pomodoro rings 4. Take a five-minute break to clear your head 5. Every four “Pomodoros” (i.e. every two hours) take a longer break Cirillo’s free book, The Pomodoro Technique, along with worksheets, is available at www.pomodorotechnique.com. You can join 15,000 Pomodoro fans on Facebook and 5,000 followers on Twitter. Or buy your own Pomodoro timer for US$8 at Amazon.com. ■

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The 100 Best Business Books of All Time Jack Covert and Todd Sattersten, experts in business and management literature, recently published the anthology The 100 Best Business Books of All Time: What They Say, Why They Matter, and How They Can Help You. Here is a selection: PERSONAL DEVELOPMENT

SALES AND MARKETING

The Leadership Challenge

INNOVATION & CREATIVITY

Out of the Crisis

by W. Edwards Deming

by James M. Kouzes and Barry Z. Posner

Orbiting the Giant Hairball

Toyota Production System

STRATEGY

by Gordon MacKenzie

by Taiichi Ohno

The Art of Innovation

BIOGRAPHIES

by Tom Kelley with Jonathan Littman

Titan

by Ron Chernow

A Whack on the Side of the Head

by Roger Von Oech

BIG IDEAS

Flow

Influence

by Mihaly Csikzentmihalyi

by Robert B. Cialdini

Getting Things Done

Positioning

The Age of Unreason

by Charles Handy

Out of Control

by David Allen

In Search of Excellence

by Al Ries and Jack Trout

The Effective Executive

by Thomas J. Peters and Robert H.Waterman, Jr.

A New Brand World

by Peter Drucker

by Kevin Kelly

by Scott Bedbury with Stephen Fenichell

LEADERSHIP MANAGEMENT

My Years with General Motors

by Alfred P. Sloan, Jr.

The HP Way

by David Packard

ENTREPRENEURSHIP

The Art of the Start

by Guy Kawasaki

Good to Great

by Jim Collins

On Becoming a Leader

by Warren Bennis

The Rise of the Creative Class

by Michael E. Gerber

by Richard Florida

The Republic of Tea

The Innovatorâ&#x20AC;&#x2122;s Dilemma

The Leadership Moment

The E-Myth Revisited

by Clayton M. Christensen

The Essential Drucker

by Mel Ziegler, Patricia Ziegler, and Bill Rosenzweig

by Peter Drucker

by Michael Useem

SAUDER

A F T E R

Source: http://100bestbiz.com/the-blog/

Top sectors of employment Three years after graduation

40% IT/TELECOMS 12% SENIOR MANAGER/EXECUTIVE 25% CONSULTANCY 11% DEPARTMENT HEAD 12% PUBLIC SECTOR/NON-PROFIT 9% PRESIDENT/MD/CEO 9% FINANCE/BANKING

19%

Top job titles Three years after graduation PROFESSIONAL

Mobility ALUMNI WHO MOVED ABROAD FOLLOWING GRADUATION:

44%

Source: Financial Times http://rankings.ft.com/ businessschoolrankings/rankings. Statistics are for the 2008 graduating class and are based on individual responses.

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CLASS NOTES

Dear alumni, From Vancouver to Hong Kong and from London to Karachi, the Sauder community includes 33,000 alumni in 74 countries.

Each of our alumni holds a piece of the School’s history as well as its future. The connections that hold our community together are our School’s most meaningful strength.

So tell us your story, and share your news. We want to hear from you! Whether you just got the job of your dreams or are still finding your way, took a trip around the world or have been enjoying the comforts of home, got married or became a parent—fill us in on your family and career, accomplishments and interests. Let us hear from you, and send us your photos.

We’ll print your news in the Class Notes section of Viewpoints magazine, which is consistently ranked as one of the most popular segments of our publication. Through the Class Notes, you will share your story with your fellow alumni and current students, reconnect with old classmates, and stay connected as a vital part of the Sauder community.

We’re looking forward to hearing from you.

1940S Bob Harwood BCom 1948 At age 85 I look back on my time at UBC in the 1940s as a very special period. While I was there student population tripled to above 10,000 with the influx of students whose educations had been interrupted by the depression, the war, or both. I benefitted from the maturity and the world view they brought to campus life as I worked with them during my terms on the Student Council, as I presided over the Parliamentary Forum, participated in the Pacific North West College Congress on World Affairs, and in due course served as President of the National Federation of Canadian University Students.

Both during my career and in retirement it has been my privilege to travel extensively the world we share. I wrote a monthly—This World of Ours—column for more than a decade and authored a book entitled Seeking Common Ground in a Troubled World.

But this is prompted by the recent announcement that UBC is granting honorary degrees to Japanese Canadian students whose time at UBC was brought to an abrupt end during World War II. UBC is addressing a grave injustice, but the damage wasn’t confined to those already at university. I entered university from Richmond High where one night in 1942 more than half of my 700 fellow students, all 60

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those of Japanese origin and many of whom also aspired to go on to university, disappeared as they were relocated inland. That said, I thank UBC for taking this step, however late. If we do not learn from the past we repeat the mistakes of the past. And I am proud of UBC’s current significant engagement with other countries, particularly those in Asia.

Barbara Leonard BCom 1949 Great trip to Maui with family. 60th wedding anniversary celebration.

SHARE YOUR NEWS Class Notes are easier than ever to submit. Simply fill out the online form at www.sauder.ubc. ca/alumni/classnotes

1960S

Cl i Th il on the h ffaces Class off ’61 R Reunion: The smiles of 14 of a class of 114 reflect the joy of getting together to share some “time and space” 50 years after graduating. Following a tour of the new wonderful Sauder School of Business building (much better than the old army huts!), the class met at Shaughnessy Golf Club for a dinner and storytelling. “50 years in 3 minutes or less”…with tales of careers, entrepreneurial exploits, marriages, divorces, adventures and travels, health and other challenges, kids and grandkids, and with remembrances of favorite faculty members. And some reported, they are “still at it” following their commercial or voluntary interests. A general conclusion: Life is Good!

Class members who attended are pictured here. Back row, left to right: Neil Wooliams, Jock Munro, Dean Winram, Lorne Wickerson,

Leo Comesotti, Mike Leckie, Larry Fournier, Ben Archibald, Larry Campbell and Roy Barnett.

Front row, left to right: Bill Garriock, John Goodwin, Dave Howard and Doug Butterworth.

Rick Baker BCom 1965 In 2003, I founded Timely Medical Alternatives, Inc., a surgical brokerage organization which helps Canadians obtain timely care rather than languish on lengthy medical wait lists. Since then, we have triaged thousands of clients to sources of high quality, private pay surgery.

In the process of sending clients for cardiac, spinal, orthopedic, vascular and gynecological procedures, we have had the satisfaction of helping to save six lives, including that of an eight-year old girl from West Vancouver.

In 2005, responding to requests from uninsured Americans, I founded North American Surgery, Inc., which sends uninsured Americans (of which there are 50,000,000) to the same network of 22 US hospitals to which we send our Canadian clients and where we have been successful in negotiating prices up to 85 per cent less than the usual and customary charges.

Eduard M. Lavalle BCom 1965 The path from UBC to work has many unexpected directions. As a UBC Commerce graduate (1965), I entered the Law School, graduating in 1966, and then went to graduate school at Duke University and ended up teaching politics at Capilano University.

During this career path, I never disassociated what I had learned in the business school.

The world was changing significantly during this time with globalization pushing strongly for a synthesis between the study of politics and economics or business. The importance of business understanding globalization was significant. It was not sufficient to understand only trade and investment; business had to understand fiscal and monetary policy plus the intricacies of global trade and investment.

Likewise, political scientists had to increasingly understand the same subjects. Nowhere was this demonstrated to me more than in pursuing and understanding of the Canada–Europe relationship.

I was lucky in having the flexibility to establish a number of projects in which I had the opportunity to combine politics, economics, and business. I was able to make my college, now Capilano University, the administrative home of several academic projects conducted by the Network for European Studies. The formation of the Network, sponsor of a variety of activities, is administered by Capilano University, on behalf of the Network, and a partnership between the Department of Political Studies and Continuing Education.

The EU Study Tour and Internship Program is sponsored by the Network for European Studies (Canada), a consortium of Canadian universities.

Now in its ninth year, the Network annually sponsors up to 50 students from 14 Canadian universities to a three week immersion in the EU and European institutions. The program consists of over 70 seminars with EU public servants, politicians, diplomats, the Canadian Mission to the EU plus a variety of sectorial business and economic interests. Also, the project provides internships in the institutions for many of the students. All academic activity within the program is awarded credit within the various graduate and undergraduate programs at participating universities. DFAIT provides modest funding for the support of interns through a grant.

The need to understand the Canada–EU relationship became more acute and urgent with the agreement of the EU and Canada to

begin the negotiation of a trade agreement, the Comprehensive Economic and Trade Agreement.

This activity, somewhat controversial, was unique in the degree to which the provinces accessed and participated in the negotiations; the first international agreement where the federal government went beyond consultation with the provinces and actually provided space at the table. The significance of this agreement was understood by graduate students in business—participants over the past years have included graduate students from Rotman School (University of Toronto), Ted Rogers School of Management (Ryerson University), Schuler School (York University) and Sauder (UBC).

In September 2010, the European Commission began sponsoring an annual three– week study tour to Canada for European graduate students engaged in Canadian studies. With the European partners, the Network organizes an immersion in Canadian institutions, including the federal government, three provincial governments (Quebec, Ontario and BC) as well as important organizations representing civil society and business. The European student tour and internship program is supported by the Department of Foreign Affairs and International Trade (DFAIT) and funded by the European Commission. It has broad support from a variety of organizations in Canadian civil society and governments, provincial and federal. The project is titled “Thinking Canada” and is a complement to the EU Study Tour and Internship Program for Canadian students. In 2008, Capilano University, on behalf of the Network, was awarded a European Commission grant of approximately $150,000 to conduct a Public Diplomacy Project. The objective of the project was to engage civil society and both governmental and intergovernmental organizations in the Canada–EU relationship. Events were held across the country organized with the assistance of EU Study Tour and Internship Program faculty and previously participating students. The project also sponsored some of the first public discussion the CETA. The Network partnered with the Rothman School of Management, to host one of the first conferences on the CETA issue; including VIEWPOINTS SPRING / SUMMER 2012

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CLASS NOTES the participation of the European Union Chambers of Commerce in Toronto (EUCOCIT).

Additionally, the Canadian Labour Congress hosted a visit of a research representative from the Centre for European Policy studies.

1970S Barry Hitchens PhD 1970 I spent two months in Georgetown, Guyana aiding an insurance company revamp the Government Regulator requirement for an Investment Policy Statement for the Reserve Fund of the company. In reviewing the current Policy (enabling Statement as all investments are prohibited unless permitted), I noted several common share equity positions of local businesses yielding very little if any dividends.

The paucity of cash flow was inhibiting the company’s solvency. How could higher yielding fixed income securities be secured? A further challenge was a virtually non–existent market for stocks and bonds. The little market that existed primarily serves the interests of private merchant banks with their active “private equity” operations involved in every aspect of Guyana’s natural resource development— diamonds, gold, and oil; in every way the country is a plutocracy.

Veronica Wargo BCom 1987 Luke and Sedona graduating in May. We will all be taking a Hawaiian cruise with Grandparents to celebrate.

1980S Jennifer Davenport BCom 1981 I was appointed Deputy Public Guardian and Trustee of BC on January 3, 2012.

Gary Backler MSc in Business Administration 1980 After returning to England in 1981, I pursued a consultancy career with Booz Allen & Hamilton and Price Waterhouse, and spent the last 15 years of my career working for the government on the privatization of rail services. I retired in 2010, and now undertake occasional consultancy assignments between my environmental and charitable commitments. I’d be pleased to hear from any of the 1978–80 MBA intakes.

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Henry Yan BCom 1987 I met my wife Tracey (nee Renema) (BCom 1991) in 1990 while working at Thorne Ernst & Whinney (predecessor firm of KPMG).

Tracey obtained her CA designation in 1994 and left KPMG in 2000 as a senior manager to take care of our family. We have three children — Jillian (14), Rebecca (12) and Andrew (9) and a very calm dog. Our girls are active in Irish dancing and horseback riding, and Andrew is making great strides as a rock drummer. When not taking care of us, Tracey sits on the board of directors of two not-for-profit organizations.

After I obtained my CA designation in 1990, I became the financial controller for Norecol

Environmental Consultants Ltd. and left in 1993 to start my own accounting practice. In 1997, I merged my practice with another Chartered Accountant, forming our current firm, The Ascent Partnership LLP, Chartered Accountants.

Together with two other business partners, I also started E-Fusion Technologies Inc. in 2001 to provide computer technical support services to large engineering firms.

Shortly after my father and another good friend passed away in 2005, Tracey and I realized that life is too short and that the rat race wasn’t worth winning. Wanting a change, I returned to my childhood passion of guitar and bass and started a rock band just for fun, called “Line 49” with Colin Holyk (UBC BSc Pharm 1990). Our band plays songs from the ’80s to the current day in an edgier modern rock format. Our band has played at large private parties and clubs over the last three years and most recently added Dr. Alex Scott (UBC PhD 2008) (a.k.a. “The Professor”), an assistant professor at UBC in the Department of Physical Therapy, as our new drummer. Being a rock musician has given me a different kind of respect from clients—who previously knew me only as their accountant— which I find exciting and rewarding! We play at UBC Alumni Days on the afternoon of May 26, 2012 just outside the Student Union Building.

Carl Cook BCom 1989 I enjoy living in beautiful Victoria, BC. In January of this year I took a trip to Miami Beach. Upcoming trips include Las Vegas in April and India/Nepal in the fall. The Certified General Accountant designation, obtained after my Bachelor of Commerce at UBC, has served me well over the years. Currently, I’m happily working as a Supervisor with the BC Government. This March I completed my bathroom renovation, which completes the overall condo renovation that I started last year.

I enjoy exploring the back country of Vancouver Island by riding my ATV-Quad.

1990S

2000S

Joseph Pribaz BCom 1992 2012 finds me continuing to enjoy my work at CIBC as a Financial Advisor and, more importantly, my health and wonderful family!

Louise, my wife of almost 18 years, is the light of my life and source of eternal joy in raising our three sons. Time has passed far too quickly since graduating from UBC in 1992....but what a wonderful life! There is nothing to compare to calling Canada home and spending each day doing what I love—thank you UBC. :-)

Graham Astbury BCom 1994 Relocated from Yellowknife, Northwest Territories, where winters were -45°C, to Perth, Australia, where summers are +45°C.

in Vancouver, BC. I completed my law degree at University of Victoria in 2005 and am now practicing law at Heenan Blaikie LLP in Calgary, AB. Vanessa is an Underwriter at Travelers Canada and is pursuing her MBA at Queen’s University.

Greg Petzold DULE 2000 I am part of a three–person team at the City of Winnipeg using multiple regression analysis to value some 200,000 realty parcels for property taxation purposes. Winnipeg’s Property Assessment & Taxation Department is the first assessment jurisdiction in Canada to be ISO certified and uses statistical software to build both sales and income value models. Having reached the half-century mark, I am also working on my bucket list and want to inform West Coasters that there is a fourth “seacoast” in Canada and it is the North Shore of Superior. I have taken two kayak trips there recently and recommend its crystal waters to anyone. If it was good enough for the Group of Seven, it’s good enough for you.

Cormac Hikisch MBA 2003 Had another great winter at Ski Smithers in Northern BC, teaching my youngest child Dylan to ski at age three, and trying to keep up with his six-year old big sister Bridie. Four years into my health services administrator position with Northern Health and still learning and growing in this exciting career. Nearly 10 years postMBA—time sure does accelerate as one gets older.

The MBA really did build the foundation for my incredible last decade!

James-Scott and Vanessa Lee BCom 2002 I met Vanessa Ko (BCom 2004) at UBC and we have the Sauder School of Business to thank for bringing us together. We married on July 2, 2011

Allan Lee BCom 2004 UBC has a mandate to demonstrate leadership in sustainability; this year, we’ve made a commitment to our community to achieve aggressive GHG carbon reduction targets.

Further, UBC is a public institution, which must comply with provincial legislation to become carbon neutral. One solution is to examine our partnerships with our vendors in order to encourage more sustainable fulfillment practices.

Currently with International Student Recruitment at UBC, I tackled paper waste produced through shipping in our office. Already a model green university, we continue to put our heads together to discover healthier, more efficient ways to operate that won’t compromise the future, but instead will help advance the evolution to sustainability.

SHARE YOUR NEWS Class Notes are easier than ever to submit. Simply fill out the online form at www.sauder.ubc. ca/alumni/classnotes

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CLASS NOTES I contacted TNT, a courier contracted to handle international shipping for our office, to push for a paperless option. In response, TNT provided our office with a thermal label printer.

The thermal label eliminates the need for four pieces of paper previously needed for each shipment. The only piece of paper now required is a commercial invoice. Based on current shipping patterns in this department, UBC saves approximately 10,000 pieces of paper per year through the use of the thermal label printer.

I demonstrated that we can work strategically with our vendors to help both UBC and our partners demonstrate leadership in sustainability and social responsibility.

Ch i So S BCom BC Chris 2004 2011 was a big year as I married my sweetheart at a ceremony and reception in Richmond and we purchased a home in Vancouver. Since graduating in 2004 and following a twomonth trip through Europe (16 countries in 46 days!), I have been working at Burnaby-based Best Buy Canada Headquarters; a high-energy work environment with plenty of fellow BCom alumni. Currently I am an Online Category Manager for FutureShop.ca and manage the end-to-end eCommerce customer experience for Canada’s leading retail website.

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Bombardier Aerospace, where I am now happily employed as a Market Analyst, enjoying such perks as meeting John Travolta on my birthday.

Remembered forever like shoo bop shoo wadda wadda yipitty boom de boom!

Andrew Mckee BCom 2006 This year was an exciting one. As a UBC grad, I had the amazing opportunity to start a business —Drink Espresso Bar—right on the UBC campus. The coffee bar is located between VST and Gage Towers with floor–to–ceiling windows and a beautiful patio.

Marlene Lau-Ove MBA 2006 2011 has been the most eventful year of my life, thus far. I had my last performance with my rock band, Kill Matilda, opening for my ‘90s Canadian rock heroes, Econoline Crush. I also got married to the love of my life. In planning a creative way to announce our wedding, I wrote and recorded my first full–length orchestral piece to accompany the drawings by a great friend of mine and animator of Bob’s Burgers on FOX (video can be viewed here: www.youtube.com/ watch?v=bLQESbvPeqE). During the very hectic days surrounding my nuptials, I was also in the midst of signing an employment contract with

Graham Day BCom 2006 After three years in management consulting with Oliver Wyman, I spent a year in Haiti postearthquake working for the Clinton Foundation.

I led a team to assist the devastated Ministry of Health to coordinate the reconstruction response by mapping out the country’s medical services.

We also supplied money and logistics support to the cholera outbreak response. It was easily the most challenging and enriching experience of my professional life.

I am now in Washington, DC where I am completing a Masters in International Relations and Economics at the Johns Hopkins School of Advanced International Studies (SAIS). I intend to pursue a career in private sector development, ideally through working with impact investment funds to grow small and medium enterprises in emerging markets in Latin America. I am on LinkedIn for those who want to get in touch!

SHARE YOUR NEWS Class Notes are easier than ever to submit. Simply fill out the online form at www.sauder.ubc. ca/alumni/classnotes

Walter Buchanan MBA 2008 I am pleased to announce the birth of our first child on November 2. I had thought that completing the MBA program and running half-marathon distances were accomplishments but the birth of our baby girl has put these (and everything else!) into a whole new perspective.

Andrea Dalla Pozza BCom 2006 This year I had my 1st born—a beautiful baby girl. :-)

Warren Tardif BCom 2008 Earlier this year I was exploring Bali and other parts of Indonesia. I was able to welcome the Year of the Dragon in Hong Kong where so many of my Sauder classmates where from. My sister is now studying at UBC, so I got to visit the campus earlier in the year. I’ve been happily living in LA trying to fulfill some of my dreams!

Christine Lowe BCom 2009 The trend for hopping across the pond is contagious! After working with community investment and sustainability organizations in Vancouver, China, India, Ethiopia and Mexico, I moved to London in the fall of 2011 where I’m currently completing my Master’s in Global Ethics at King’s College London School of Law. The Sauder connection never ceases to amaze me and it has been wonderful to connect with friends—old and new. I’m looking forward to cheering on Canada at the London 2012 Olympics shortly after completing a summer management course in negotiations at the London School of Economics and Political Science. If anyone is passing through London feel free to get in touch! (www.christinelowe.com)

Christian Dy MBA 2008 Over last summer, I trained and lead a team of 17 volunteers to Central America to work on various development projects. This included aid for battered women, sponsorships for children and building projects. I shall return in 2013 with a new team to continue our work.

Scott Pester MBA 2008 My wife, Tracy, and I were very excited to welcome our daughter Lydia into the world on November 19, 2011.

James D. Kondopulos BCom 2009 Effective January 1, 2012, James became a partner (practicing through a law corporation) at the Vancouver–based employment and VIEWPOINTS SPRING / SUMMER 2012

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CLASS NOTES labour law boutique of Roper Greyell LLP. He specializes in the practice of employment, labour and workplace human rights law, and also investigates and reports on allegations of workplace harassment, bullying and code of conduct violations.

Kathy Do BCom 2009 2012 marked my third year with Coca–Cola. In 2009, this amazing company took a chance on me and started me on their Olympic operations while I was still completing my final year at Sauder. Since then I’ve been directly involved in operations and logistics, field sales and now finance, as the Business Manager for the Lower Mainland and Coastal BC. I now have a team of seven reporting to me and am excited about the new career experiences ahead of me.

Chris Gorman MBA 2009 On November 19, 2011, Chris Gorman was elected a Trustee on the Board of Education for School District No. 23 (Central Okanagan), the fifth largest School District in British Columbia.

Chris was elected by colleagues to serve as Vice-Chair, Chair of the Board’s Finance and Legal Committee (School District No. 23 has an annual budget of $185 million), and Member of the Planning and Facilities Committee.

Prior to his election, Chris worked as Executive Assistant to Canada’s Minister of Foreign Affairs, the Honourable Peter MacKay, PC, QC, MP, and in various roles in the international shipping and insurance industries in Canada and the United States.

Chris resides in Kelowna, BC and is married to Elizabeth and has two daughters, Isabelle (4) and Naomi (1).

Website: www.chrisgorman.ca

(www.sd40.bc.ca/sd40bc) to teach at their offshore school in China. I taught at Canadian Secondary Wenzhou. This program was put together by CEO Brent Atkinson in 2006. I enjoyed working with Brent’s administrative staff, which included Cindy Tang, Tom Harris, Wayne Lee Ying and Gregory Batt. International education is a big industry in Asia and the rate of certified high school graduates in China is expected to exceed the number of certified graduates in BC within the next ten years. My time in China allowed me to teach a variety of classes, coach sports teams and learn about local culture. When I look back on my time at Sauder, I remember many professors and alumni who mentored me throughout my graduate studies.

I’m grateful to have had the opportunity of giving back—through teaching and helping students reach their educational goals.

2010S

May Wong LicAcct 2010 Steven, May, and big brother Brandon welcome baby boy Austin Jackson Wong. Born on December 15th, 2011; 6 lbs 7oz .

SHARE YOUR NEWS Adam Segal ECM 2009 Helped my company, Stork Craft, achieve the Canada’s 50 Best Companies—BC Finalist designation. Also named The Province’s Canucks monthly Fan Columnist, fulfilling my goal of becoming a regular sports writer.

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YuriYoon Yuri Yoon MM 2009 After graduating from the Sauder School of Business three years ago, I was hired by the New Westminster School District Business Company

Class Notes are easier than ever to submit. Simply fill out the online form at www.sauder.ubc. ca/alumni/classnotes

reunions

J if FFews BC Jennifer BCom 2011 Meeting new friends and having lots of fun. UBC was a great experience, and I hope to come back for my master’s degree.

in memoriam William (Bill) Gartside BCom 1956 Bill was born in New Westminster on November 2, 1932 and attended Duke of Connaught High School. He graduated from UBC with a BCom in 1956. He was a member of Phi Gamma Delta. He worked for Crown Zellerbach in Vancouver and Calgary. Bill then went on to be president of everything—Commercial Truck, Inter-Mountain Transport, Four Square Leasing, B.C. Trucking Association and Labour Relations, New Westminster Salmonbellies, Vancouver Golf Club, Douglas College Foundation and last but most stressful The Royal Mauian Homeowners Association. He was just a member of the Stanley Park Crazy Athletes (nobody wanted to be president). He loved fishing, golf, travel and bridge. Bill spent the last nine months at Czorny Alzheimer Centre, and passed away on January 30, 2012. Bill is survived by his wife, Gerry, son Brad, his sister Pat Guthrie, good friends Dale and Lori Wood and his loving lab Ernie. Bill and his wife Gerry Gartside (Legge), also BCom 1956, were members of the committee that planned and organized very successful Commerce ’56 reunions every five years, including the most recent 55th reunion in 2011.

Classes of 1967, 1972, 1977, 1987, 1997 or 2007—It’s Class Reunion Time!

Renew old friendships. Make new connections.

Catch up on Sauder and fellow alumni news.

Although communications technology has advanced at lightning speed in recent years, there’s no substitute for connecting face to face.

The common bond of your Sauder experience is a great foundation for a memorable event.

Class reunions are initially held five years from graduation, and subsequently on every 10th anniversary. Organized by enthusiastic and dedicated alumni volunteers with the support of the Sauder Development and Alumni Engagement Office, they build on the memories and sense of community established during your years at the School. If you’d like to lead or be involved with setting up a reunion for your class, contact the Development and Alumni Engagement Office at 604-822-6801 or alumni@sauder.ubc.ca.

BCom 1992 Reunion—Saturday May 5, 2012, 7 p.m. at The V Lounge in Yaletown,Vancouver.

BCom 1956 Reunion—Wednesday May 23, 2012, 7 p.m. at the Terminal City Club in Vancouver.

BCom 1952 Reunion—Friday May 25, 2012.

Coffee session at 2 p.m. followed by a tour of the Sauder School of Business and dinner at the Arbutus Club in Vancouver at 5:30 p.m.

The BCom 2002 Reunion will take place on June 21, 2012, from 5 p.m. to 8 p.m. at the Terminal City Club Lions Pub in Vancouver.

Please contact Sharlene Cheu for more information, at Sharlene.Cheu@sauder.ubc.ca.

Read about these reunions in the next issue of Viewpoints!

upcoming reunions The BCom 1982 Reunion will take place in October 2012. Details to come.

Planning for the BCom 1962 Reunion is underway. Details to come.

For more information about these reunions, contact the Development and Alumni Engagement Office at 604-822-6801 or alumni@sauder.ubc.ca.

Contact us Is your information missing or incorrect?

Just let us know by emailing alumni@sauder.ubc.ca

Spring 2012 Reunion—BCom 1957 Graduates from the BCom Class of 1957 held their 55th reunion on April 3, 2012. Dean Dan Muzyka escorted the group on a most illuminating tour of the Sauder School of Business—Henry Angus Building. Comparisons with the army hut facilities, educational techniques and absence of electronic equipment, which were in place 55 years ago, provoked much discussion. Lunch and reminiscences at the home of classmate John Savage were enjoyed well into the afternoon.

Become a Sauder School of Business alumni contact 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.

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POINTS OF VIEW

The time to reflect and the time to act As you have read through the pages of this issue of Viewpoints, you have likely noticed a tone of reflection as we look back over what has been accomplished during the tenure of our departing Dean, Daniel F. Muzyka. I am certainly proud to be part of this story, and I hope that you are too.

TODAY, WE LIVE IN A WORLD WITH A CULTURAL

and societal bias towards action; however there is much to be said about the value of reflection. Reflection is a powerful tool that can enable us to change the course of our future.

As Peter Drucker said:

“Follow effective action with quiet reflection.

From the quiet reflection will come even more effective action.”

When meeting with alumni, I find the conversation often turns to what lessons were learned while studying at Sauder. Usually, those lessons are made clear over time. About a year ago I was meeting with an alumnus in Toronto, who shared with me that one of the most valuable things he learned in school was about the mathematical/financial market Black-Scholes model from Professor James Brander. This, of course, only came to life for him after the financial crisis of 2009.

Through reflection, I have learned from alumni the importance of student bonding.

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I can’t count the number of times fond memories about POITS led to a rewarding conversation about the School. As a result, today Sauder is focusing on providing students with many opportunities to connect; the new building was designed with student interaction in mind.

There are many reasons why we should make reflection a regular practice in our lives.

When we pause and look back over a period of time, we can recognize why certain parts of our life and career were successful or why they failed. Reflection also helps us, and our organizations, to avoid making or repeating costly errors. We learn not only from our own mistakes, but from the mistakes of others. Do you learn only by doing? Or do you take time to learn through reflection?

“By three methods we may learn wisdom: First, by reflection, which is noblest; second, by imitation, which is easiest; and third by experience, which is the bitterest.”

- Confucius

Reflecting upon my time working with Dean Muzyka, I have learned that resilience is an important quality in a leader, that a positive attitude is infectious and influences others, and that making decisions with incomplete information is often more effective than waiting for perfect information.

Finally, reflection helps us to build on what already exists. The simple act of reflection can help fuel innovation and open the door to new thinking. We all have the opportunity to see possibilities because of the work of our predecessors, much like the new dean will see where the School can go based on the work of the current dean over the past 13 years.

I encourage you to make reflection a regular part of your personal and professional life. It is a most effective way to evaluate yourself against your goals and to map out the road ahead. If you are fortunate, it may even allow you a moment of pleasure and pride as you recognize what you have achieved. ■ Sheila Biggers ASSOCIATE DEAN, DEVELOPMENT AND ALUMNI ENGAGEMENT

ALUMNI IN FOCUS

Gain insight into fellow members of the alumni community.

Rodrigo Caetano Degree and Grad Year: MBA 2007 Current home city: Brasília, Brazil Sauder volunteer role: Sauder Alumni Regional Representative for Brazil Professional ID: Executive Director, White Leaf Management Consulting

Business motto or philosophy:

Alter ego:

Gadget of choice:

We live in a world full of opportunities. Get out

Black and white photographer.

Amazon Kindle, which provides immediate access

of your comfort zone and find them!

to books that otherwise would take weeks to ship Greatest extravagance:

across the globe down to the equator.

In business today, it’s important to…

Closing my apartment in Vancouver, putting all

understand global trends, build a clear vision and

my furniture in a storage container and moving to

Your best-kept secret (What most people don’t

get to action. You’ll never regret taking steps that

Panama for eight months.

know about you):

bring you closer to accomplishing your goals.

I was a cattle rancher in the interior of Brazil Person you admire most and why (living or

before pursuing my undergrad education. If

Most valuable thing learned since

historical figure):

you meet me in person, ask about how bovine

graduation:

Dr. Bill Sauder, who advised me to “Work hard

psychology can help you herd cattle. It will be a

The true value of our Global Alumni Network—

and you’ll get where you want” during an

great conversation starter.

it is surprising how much I’ve learn from our

unforgettable conversation at my graduation

Sauder colleagues and how much I was able to

luncheon. Dr. Sauder passed away a few months

Favorite journey:

share with them for the last five years. We are

later in that same year.

Hiking the Stawamus Chief in Squamish, BC.

Trait you admire most in others:

Where will you be in 10 years?

Integrity.

My company, White Leaf, will be an established

part of a network of incredible people.

Eureka moment: Leadership is about attitude, not about credentials.

brand in international strategic management Talent you would most like to have:

and I will be leading a team of the smartest

Patience.

people I can find around the globe. ■

Biggest risk you’ve ever taken: Left a high–paying 8-to-5 job to pursue my lifelong dream of creating my own company from scratch.

Greatest achievement to date: Was successfully hired for a key position only

Last book you couldn’t put down: Business Stripped Bare by Richard Branson.

Most listened to: My two–year old daughter’s favourite CD.

WANT TO BE PROFILED IN OUR ALUMNI IN FOCUS FEATURE? Please contact us at alumni@sauder. ubc.ca and we’ll be in touch.

eight days after immigrating to Canada.

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