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Spring 2009 - Menlo College PDF

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T H E   M E N L O ADVANTAGE M E N L O   C O L L E G E ’ S   M A G A Z I N E President & CEO of Joint Venture: Silicon Valley Network, Dr. Russell Hancock with Timely Advice for Students SPRING 2009 Think critically, outside the box. Strategize and innovate with self-confidence. Mary Robins, Director of Career Services and blank walk the first lap in Relay Communicate to For Life, a 24-hour fundraiser walk that was hosted by Menlo College in April. Proceeds from the program benefited the American Cancer Society. make connections. Use your Menlo advantage to change the world. Non Profit Org G. TIMOTHY HAIGHT US Postage President, Menlo College PAID Denver, CO Permit NO 3280 1 SPRING 2008 PUBLISHER Advancement Office, Catherine E. Reeves Vice President for Institutional Advancement MANAGING & EDITORIAL SERVICES Darcy Blake, Managing Editor Tina Fairbairn, Copy Editor Tom Haflinger ’07, Copy Editor CONTRIBUTING WRITERS G. Timothy Haight, Chop Keenan III ’66, James J. Kelly, Table of Contents Catherine E. Reeves, Darcy Blake, Tina Fairbairn, Tom Haflinger ’07, Said Karimzad ‘09, Michelle Pualuan, 3 FROM THE PUBLISHER | Catherine Reeves Trent Sillanpaa, Dorothy Skala ’96, Eric Sponburgh ‘99, Ways of Giving Derek Stimel, Francis Turner, Tom Wood ‘93 5 FROM THE PRESIDENT | The Road Ahead 7 Significant Milestones | Chop Keenan DESIGN 8 Nobody Owes You a Living | Russell Hancock Darcy Blake 10 If I Could Have Just Have 15 Minutes with the President | PHOTOGRAPHY & GRAPHICS Enrique Ybarra ‘91, International Entrepreneur Darcy Blake, Tom Haflinger ’07, Catherine E. Reeves, 12 Fixing the US Economy One Person at a Time menlooakssports.com, SF 49ers 14 Keep Our Street Cred! | John F. McDonough PRODUCTION 15 The 5th Annual Business Plan Competition | Tom Wood ‘93 Tina Fairbairn 16 In Memoriam: Carlos López Tom Haflinger ’07 18 ACADEMIC AFFAIRS | Jim Kelly 19 Faculty News COLLEGE PRESIDENT G. Timothy Haight 22 Liquidity | Dr. Derek Stimel 24 Overcoming Adversity | Francis Turner BOARD OF TRUSTEES 26 STUDENT NEWS | Sean Meyer | Monique Cabrera Chairman of the Board, Charles “Chop” J. Keenan III ’66 Aaron Kingdom | Quynh Anh Nguyen Thomas Escher ’69 30 Working Students Kerilyn Yado, Shaleia Auld Julie Filizetti, Ed.D Gleb Matsulevich and Trevor Mates ‘05 Using Harry W. Kellogg Jr. ‘67 Their Advantage Roxy Rapp ‘59 33 STUDENT AFFAIRS | New Orientation Retreat Kristine Thagard ’77 Honors Convocation Andrew C. Woodard ’89 34 Speed Networking Event TRUSTEE EMERITA 36 ALUMNI RELATIONS | Michelle Pualuan Rosemary Hewlett 37 Reunion 1927-1959 38 Class Notes | Dorothy Skala ADVISORY TRUSTEES Judy Q. Chen ’96 40 ATHLETICS | Tom Rathman Alexander P. Panagopulos ’87 42 Athletes Giving to the Community The Menlo Advantage, published by the Menlo College Office for 44 A Team Full of Reasons for Victory Institutional Advancement, brings news of the College and its 46 Commencement Speaker Steve Westly community to alumni, parents and friends. Honorary Degree Recipient, Khaled Juffali 1000 El Camino Real, Atherton, California 94027-4301 Tel: 800.55.MENLO Fax: 650.543.4102 47 Jeff Patmon and Skyler Chase: More than a Degree Advancement Office: [email protected], www.menlo.edu 48 Works by Lyons and Tolomei Previous page and above: Brawner Hall, which opened in 2 SPRING 2009 1969, is the center of business education at Menlo College. Our Mission Menlo College’s mission is to develop future leaders through a liberal arts-based business education that integrates academic study and fieldwork in a Silicon Valley environment unmatched in its potential for innovation. A Message from the Publisher Our Transformation Similar to the world of finance, the world of academic Menlo College is regaining its reputation as one of philanthropy seeks—and thrives—on value, growth and the most preeminent, small, private undergradu- preservation. When you read through this issue of the ate business management colleges in the United Menlo Advantage Magazine, you will conclude that, for States. With focused leadership and strategic many reasons, there is probably no better investment today teamwork, Menlo College’s size, and its location than Menlo College. in one of the world’s most entrepreneurial and Historically, it has been Menlo College’s tradition to take innovative geographical locations, is enabling growth leaps of giant proportion during the toughest of times. the College to create a valuable market niche Born in 1927 with the expectation that it might become a for itself locally—as well as globally—as Silicon support system for Stanford University, Menlo College quickly Valley’s Business School. regrouped when Stanford’s plans changed at the onset of the Great Depression. As a fledgling institution of higher edu- Menlo College is developing graduates who cation, Menlo College survived the nation’s most historically will be entrepreneurial, innovative, critical difficult economic trauma through the support of dedicated thinkers, strategic communicators and team benefactors who, believing in the importance of its vision and players, who can flourish, thrive and lead in a mission, became the lifeblood of the College. constantly changing global environment. This Suffering reduced enrollments in the fallout of WW2, the cam- is being accomplished by partnering with the busi- pus once again had to strategically categorize its niche in the ness community to develop programs that are competitive world of higher education. Menlo College seized practical and relevant—providing students with the moment when Stanford shifted its business course emphasis the knowledge, skills and abilities that ensure to graduate studies, and the College’s School of Business graduates an effective leading edge in a global Administration (SBA) was established in 1949 as four-year business environment where the only constant program. This “stake in the ground” led to Menlo’s recognition, is change. many years later in U.S. News & World Report, as number one in the nation in the small business school category. Menlo College is reestablishing its international Today, the College again makes a large leap into the future at reach. The College is taking advantage of its a time when the global economy is highly challenged. Unlike location by developing business programs that other institutions that have lost much of their endowment and educate the next generation of business leaders must cut back on programs, projects and growth, Menlo College, in the Silicon Valley, and beyond. Its ultimate for many reasons, is poised as an academic cornerstone for the goal is to prepare students for “careers that do future—a key partner in the dynamic evolution of Silicon Valley not yet exist.” Finally, Menlo College is leverag- business and industry. ing its newly-established relationships with its In this issue we will share the thoughts of our president and vastly successful international alumni base to other accomplished, visionary leaders who are partnering with ensure that its graduates have an in-depth un- Menlo College as we step together into a whole new world of derstanding and appreciation of global business business. With much anticipation, we invite you to join us in the practices. thrilling, fast- forward, collaborative road before us. With warmest regards, Above left: Catherine Reeves, VP for Advancement (left) with Ann Haight, wife of President G. Timothy Haight Catherine Reeves and Chairperson of the Vice President for Advancement Menlo College Art Committe. 4 SPRING 2009 Ahead The Road by Dr. G. Timothy Haight, President, Menlo College Menlo College’s first priority will be M y charge upon assuming the to continue to recruit and retain an presidency was to recapture outstanding faculty. The faculty is Menlo College’s reputation at the heart of any great academic as a preeminent business institution. In effect, faculty ignites school. Indeed, Menlo College’s School the flames of a student’s passion. If of Business Administration (SBA) was you are an alum thinking back to your considered the jewel of business and experiences at Menlo College, I am WASC management education. Its formula for confident that you will remember one success was innovative and ahead of or two faculty members who had a Accredidation Reaffirmed its time. First, the College assembled major impact on your life. The recruit- a faculty with substantial business ment of faculty for Menlo will Menlo College is pleased to experience that could translate theory continue to be a much more rigorous announce that on February 26, into practice. Second, it developed a and arduous process than at many 2009, the Western Association cutting edge curriculum that exposed other institutions. of Schools and Colleges (WASC) students to current business problems Accrediting Commission for Senior We look for faculty with solid and their timely solutions. This com- Colleges and Universities acted business experience and a passion for bination provided our graduates with to “reaffirm the accreditation of teaching. These faculty are in high the knowledge, skills, and abilities Menlo College.” demand, especially in the business that fully prepared them for a rapidly disciplines. Menlo College also seeks “I could not be more proud of our changing business environment. faculty who are professionally quali- faculty and staff for their many At the top of its game in the early fied. Some are non-Ph.D. faculty, but hours of work and perseverance in 1990s, Menlo College began to lose they possess outstanding business helping us to maintain this impor- its focus. The College decided to de- experience. Silicon Valley is blessed tant accreditation standard,” said emphasize its most prized program with a number of very successful the President. (business education) and sought to entrepreneurs, venture capitalists, Accreditation is a rigorous develop and offer a smorgasbord of and business professionals who are assessment of all of the processes degrees. Although Menlo College still indispensable to an applied business within an institution of higher offered an outstanding business edu- program such as ours. In addition, education, and the ways in which cation, it was not the centerpiece of we are pleased to announce that stakeholders participate in the the institution. This institutional drift Menlo College has just finalized and academic, financial, and planning lasted for almost two decades. approved new curriculums in aspects of that institution. accounting, finance, and marketing Now for the good news: Menlo that will be offered in Fall 2009. Colleges that choose to participate College has rededicated itself to be- in accreditation must devote sig- coming a preeminent business school. Now that we have secured our WASC nificant time and effort to demon- After more than a year developing accreditation (please see sidebar), a strate ongoing evaluation of and a new mission and drafting the new major step in recapturing our position improvement in their educational strategic plan, the faculty voted to as a preeminent business school is resources and offerings to provide refocus Menlo College as a business receiving AACSB (Association to the best possible outcomes for school, grounded on a strong liberal Advance Collegiate Schools of students. arts education base. In January, the Business) accreditation. As stated Board of Trustees enthusiastically on the AACSB web site, “AACSB “Accreditation is one important approved the new vision and accreditation is the hallmark of way in which parents and students supporting strategic plan. This is a excellence in business education and can evaluate the quality of an bold move and will require a united has been earned by less than five institution when they make their and sustained effort on the part of all percent of the world’s business college choice,” said Jim Kelly, of our stakeholders. schools.” AACSB has been providing Provost and Chief Academic Officer. Continued on page 47 Opposite page: Dr. G. Timothy Haight greets Donte Snyder ‘09 at an Outside the MENLO COLLEGE 5 Box, Inside the Frame art reception 6 SPRING 2009 Significant Milestones North Star to career-oriented tions including accounting, finance, by Charles students and their parents. and marketing. These concentrations “Chop” Keenan ‘66, are targeted giving opportunities Menlo has received a seven year Chairman, including termed funds and fully Western Association of Schools and Menlo College endowed programs. “Termed funds” Colleges (WASC) accreditation. WASC is fancy language for financially Board of Trustees is one of six regional associations that jump-starting a program with a gift accredit public and private colleges. over a specific number of years with The business of Menlo College, They set the gold standard for vali- the expectation that a successful Silicon Valley’s Business School dating college programs and gover- concentration will later merit full continues apace. It is my pleasure nance. By this process the College is endowment. The AACSB accredita- to report our significant milestones. able to manage change through reg- tion process requires the vision and ular assessment, planning, implemen- In the teeth of the worldwide generosity of our benefactors. Call Dr. tation, monitoring, and reassessment. economic maelstrom, Menlo College Haight to discuss our range of capital Accreditation is a long and demand- is in excellent financial shape. The needs. They run the gamut from small ing process by which Menlo remains College’s two principal revenue driv- to significant. dynamic and forward thinking. This ers are enrollment and endowment. is an innovative era in education. Our As Menlo transitions to primarily Second semester enrollment challenge is to educate in the myriad a business school, our story needs declined slightly and we are running ways our students learn. Clayton proselytizing to academically quali- a balanced budget. Eighty percent Christiansen’s Disrupting Class speaks fied high school seniors. Our annual of the endowment has been in short to a “learner centric” approach to budget is 92% tuition driven. The nt term U.S. Treasury Bills for the last two a education whereby technology helps lowest hanging revenue fruit is filling pl years albeit at nominal interest rates. e to facilitate the learning process. How out our 750 student cap. Please chat oric The remaining twenty percent is in many times have you heard “I did up our unique business school with a lic publicly listed securities and is off 25% well in English but not in math” or potential students, parents, friends, ht, year over year. Bottom line, we are in vice versa? The answer lies in teaching and associates. Sponsoring a full or g excellent financial health. eli subjects in the variety of ways that partial scholarship, with its gratify- m Li The Faculty and Board of Trustees have students learn. Accessing the cur- ing lifetime feedback loop, would be of approved a new Strategic Plan whose riculum in a successful learner centric icing on the cake. a e major tenet is that Menlo College is a pedagogy challenges our assumptions a s We are approaching the completion e, in LTihbies rcalal-rAitryt so–fb pauserpdo Ssceh tohorlo oufg Bhuosuint ethsse. aevbooluutt itoenaacrhyin pgr.o Tchesiss .i sW ae t raircek yw aenlld of the successful implementation of e the Separation Agreement between tr institution signals to faculty, students, positioned in the heart of Silicon y the College and Menlo School. The rr prospective students, parents, and Valley for this innovative era. e Town of Atherton has approved h c the greater community about Menlo o Dr. Haight has begun the process for the parcel map separating the two n College’s unique position in higher hi AACSB accreditation for the Business academic campuses and creating a os education. A focused School of Busi- Y School. This can be a five- to seven- third parcel, now known as the Menlo a ness sets Menlo apart in this time of — year process. The Board of Trustees Athletic Quad (MAQ), which will be s specialization. Our commitment to m is enthusiastic about the validation jointly owned and managed. Menlo o Silicon Valley innovation places us in ss of our business curriculum. Like the School received Town approvals for a o us bl tehdeu cfoatrieofnro. nOtu or ff oreusnpdoantsiiovnea, la cdovuarnsceesd WASC accreditation, ACSCB is about new gymnasium, performing arts cen- p one teacher and one course at a ter, and cultural arts center. The gym m in accounting, finance, and real estate a time. The speed of the accreditation will be their first project and upon e: c will be joined by a new freshman first- process is entirely dependent on our completion will allow the College sole g a year experience curriculum. The Menlo p fundraising abilities. Hiring capable use of the existing Haynes-Prim gym. e business mission shows that it matches osit the moment with the international educators takes financial resources. Continued on page 47 p The faculty curriculum committee has Op financial crises. Menlo has become a approved several business concentra- MENLO COLLEGE 7 On April 2nd Menlo faculty, students, pianist, he is a founding member of The and staff heard from Dr. Russell Han- Saint Michael Trio, appointed Artists in cock, President & CEO of Joint Venture: Residence at Menlo in 2008. Silicon Valley Network, as part of the Dr. Hancock’s April 2nd remarks were College’s Executive Speaker Series. at once hard-hitting and encouraging, As Joint Venture CEO Dr. Hancock is as he coached students on the realities many things: institution builder, civic facing job-seekers in Silicon Valley’s leader, social entrepreneur, and out- turbulent economy. He spoke with spoken advocate for regionalism. The Menlo Advantage afterwards: organization he heads brings together Menlo Advantage: government and business leaders to How do you characterize what’s identify regional problems and lead happening in Silicon Valley right now? projects to solve them. Frequently heard on Bloomberg News, ABC Hancock: We continue to be the A Conversation with Nightly News, and The Morning Show, world’s most dynamic regional econ- he is considered a foremost expositor omy, as we have for 60 years. We are Dr. Russell of the Silicon Valley economy and export-oriented, innovation driven, his interviews are often published in and fueled by entrepreneurship. But Hancock The New York Times and Wall Street in 2008, national and global trends Journal. A graduate of Harvard, Dr. caught up with us—and you could Hancock received his Ph.D. in politi- even say they overtook us—collapsing cal science from Stanford, where he national institutions, volatility in the Keynote Speaker teaches in the Public Policy Program. financial markets, and a housing melt- CAREER CONFERENCE DAY down. All of it has eroded the markets Dr. Hancock is also a member of the that we serve, and thrown us into a April 2, 2009 Menlo College community. A concert Students, faculty and staff listen to Russell Hancock, President & CEO of Joint Venture: Silicon Valley Network at the Menlo College Career Conference Day on April 9, 2009. 8 SPRING 2009

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37. Reunion 1927-1959. 38. Class Notes | Dorothy Skala ate business management colleges in the United. States one teacher and one course at a time. ager, systems engineer, software and .. NPR, which will be broadcast some-.
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