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The
Institute Connection
A
Newsletter for AeA/Stanford Executive Institute Alumni
Volume 2, Issue
1
Inspired
by History ... Affecting the Present ... Inventing the Future
Contents
1. 101 Execs Hit the
Books - Meet the Class of 2004
2. Hewlett-Packard
& National Semiconductor Honored
3. Offshore Outsourcing
Special Report
4. "Leading
by Leveraging Culture" - Award Winning Article from Prof Chatman
5.
Technology Ventures: From Idea to Enterprise
- A New Book from Co-Director Byers
6. Alumnus & Varian Chairman Awarded AeA Medal
of Achievement
7. Daniel
Borel: 2004 Alumni of the Year Award Winner
8. Nominations
for 2005 AeA/Stanford Alumni Award
9. Alumni Updates: Career Moves & Promotions? Let us know!
10. Pass
the Torch - Refer
a Colleague to the 2005 Institute
11. Attend
Upcoming AeA Events in Your Area!
E-mail
an
article or personal update submission for the January newsletter!
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101 Execs Hit the
Books - Meet the Class of 2004 |
| From August 8th to August
18th, 101 business executives from around the
world explored a mountain of case studies, books and articles
on technology business management at the 2004 Institute!
From morning till night the richly
diverse class discussed current business management and technology
issues, attending engaging class sessions on strategic leadership,
marketing, operations, finance, accounting, company culture, and
innovation. After class, participants met in work groups and New
Venture Lab teams to study critical technology business cases and
work on entrepreneurial projects.
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|
Combining
experience and lessons from class thirteen New Venture Lab teams
raced to identify a potential product, or service, and build a
corresponding business plan to present to a panel of professional
venture capitalists. InfoMedica (pictured below), with their plan
for an implantable nano-sensor device that provides continuous
remote monitoring of diabetic patients, won the Panel's Choice Award
and tied for the People's Choice Award!
InfoMedica left to right: Susan Rossnick, Kronos, Inc; Khalid
Ishaque, Boston Scientific International; Eric Novak, Veeco
Instruments; Marc Padovani, Hewlett-Packard; James Roche,
Tundra Semiconductor. Not shown: Douglas Cook & Jeffrey
Marcus, Varian Medical Systems; Todd Heintz, Sierra
Wireless
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HP and National Semiconductor Honored
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Since the launch of
AeA's Stanford Executive Institute in 1975, Hewlett-Packard and National Semiconductor have sponsored
a collective 185 top executives to participate. In recognition of this accomplishment, last spring AeA and Stanford University honored both
organizations for their outstanding commitment to executive
education. In their acceptance speeches, representatives from
HP and National Semiconductor praised the Institute's faculty,
targeted curriculum, unique group dynamic, and commitment to
excellence.
| Daisy
Ng, Vice President of Workforce Development and Organizational
Effectiveness at HP, reflected on the 101 executives they've
sent to the Institute noting that the program
provides a unique cross industry exposure, focused coursework,
and high level networking opportunity which expertly
compliments HP's in-house executive education offerings and
dramatically helps their executives achieve business
objectives. |
 |
 |
Edward
Sweeney, Vice President of Human Resources at National
Semiconductor shared the positive impact the Institute has had
on their organization and read glowing testimonials from a few
of their 84 alumni! Ed noted that National Semiconductor
will send many executives this year and thanked AeA and
Stanford University for offering such a highly valuable
program! |
Both
companies sent 6 of their top executives to the 2004
Institute!
See the full 2004 class roster! |
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Download
your free copy today!
Visit www.aeanet.org/publications
for other publications and policy updates. |
As a new
addition to the Institute's CEO speaker series, AeA President & CEO, Bill
Archey shared high tech's historical and recent involvement in public
policy with 2004 attendees. Providing updates on
Sarbanes-Oxley, Stock Option Expensing, National Security, and
Offshore Outsourcing, prompted requests for copies of AeA's policy related
publications.
Topping the request list is AeA's
recent release "Offshore
Outsourcing in an Increasingly Competitive and Rapidly Changing
World" which has provided policy makers with data and analysis showing
that many countries have caught up with the United States' technology
industry.
"Today's world is increasingly more competitive...many of the companies that outsource jobs overseas usually
have no alternative as that is exactly what their competitors are doing.
Failure to do so will result in an even greater loss of jobs than would be
lost to offshoring alone," said William T. Archey, President and CEO,
AeA.
|
|
"We believe that public policy officials at all levels,
executives, and employees need to understand this rapidly changing and
intensely competitive new world. In addition to providing an analysis of
both offshore outsourcing and the context in which it is occurring, AeA
includes a list of recommendations to address the challenges facing the
United States," Archey concluded.
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| Congratulations
Institute
Professor Jennifer Chatman who, along with co-author Sandra Eunyoung Cha, received
the 2004
California Management Review Accenture Award for their article "Leading
by Leveraging Culture". The award is given annually to the
article which has made the most important contribution to improving the
practice of management. |
Chatman shares her research
findings
with 2004 Institute class. |
| Drawing
upon her wealth of research in organizational culture, post merger integration,
and management, Chatman shares leadership tactics that
drove the success of CompUSA, Walt Disney, Schwab, General Electric, E*Trade,
Cisco, Dreyers, and Southwest Airlines.
Recent Institute alumni will
recognize Chatman and Cha's findings that powerfully effective
cultures display three criteria: a high level of agreement, a high
level of intensity, and an emphasis on innovation. Their
article prescribes the following three tools leaders can use to help
develop, manage and change their company's cultures to meet these
three criteria:
- Recruit & Select
People for Cultural Fit: One can foster powerful
culture by emphasizing person/culture fit
in addition to person/job fit. To increase long term
contributions of new hires, trade-off entry job
skills in favor of better cultural fit.
|
- Manage Culture Through
Socialization & Training: Utilize socialization to
clarify cultural values and create strong bonds so that
employees will hold each other accountable for upholding
those values.
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- Manage Culture Through
the Reward System: Link the informal cultural reward
system to the formal company reward system to ensure a
clear, consistent and comprehensive message of company
values.
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In addition to teaching the Organization
& Culture segment of the 2004 Institute, Jenny Chatman is the Paul J.
Cortese Distinguished Professor of Management at the Haas School of
Business, University of California at Berkeley. |
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|
Technology Ventures: From Idea to Enterprise
- A New Book from Co-Director Byers |
|
Download Preface
Purchase
Book
|
This
summer Institute Co-Director and New Venture Lab
creator, Tom Byers released Technology Ventures: From Idea to
Enterprise, the first textbook to thoroughly examine technology
entrepreneurship.
Entrepreneurship empowers individuals to seek
opportunity where others see insurmountable problems. Byer's
new work explores the entrepreneurial leadership style unique to
high tech start-up businesses where principled
decision-making skills are used to identify high-potential, technology-intensive commercial
opportunities, gather resources (talent & capital), and manage rapid growth and significant risks.
Designed for individuals in industry and
government who seek to learn the
essentials of technology and entrepreneurship, as well as for students in colleges and universities,
the book serves as a comprehensive collection of concepts, applications
and tools |
|
necessary for success in starting and growing a technology
enterprise. It provides examples, exercises, cases, and sample
business plans integrating the most valuable entrepreneurship and
technology management theories.
Institute alumni since 2000 will
recognize Tom Byers as the man who helped establish the Stanford
Technology Venture Program and designed the Executive Institute's
New Venture Lab
component. |
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|
Alumnus
to Receive AeA Medal of Achievement |
Mr. Levy received the first AeA/Stanford
Alumni Award for Outstanding Achievement in 2002. In 2004 he
returned as a CEO guest speaker.
|
| 1982
AeA/Stanford Executive Institute Alumnus Richard Levy,
Ph.D., Chairman, President, and CEO of Varian Medical Systems, will
be the 50th recipient of the coveted AeA Medal of Achievement
Award, to be presented at AeA’s
Annual Dinner on October 7th at the Fairmont Hotel in San Jose,
CA.
Mr. Levy
joins a select group of high-tech leaders who have received the
honor, including William Hewlett and David Packard of
Hewlett-Packard, Ross Perot of Electronic Data Systems, Thomas J.
Watson, Jr. of IBM, and Gordon Moore and Andrew Grove of Intel. |
This new honor is not to be confused with
the AeA/Stanford Alumni Award for Outstanding Achievement, which Mr. Levy
received in 2002. The AeA Medal of Achievement is presented
annually to recognize an individual who has made significant contributions to
the advancement and service of their community, the high-tech industry,
and humankind. It is the highest award presented by AeA.
Mr. Levy was selected in recognition of his dedication to
improving the health of others. Having worked with Varian Associates
Inc. since 1968, he was named CEO of spin off Varian Medical Systems in
1998. Since then he has helped Varian Medical Systems provide high energy radiation machines
and associated hardware and software for treating cancer, and x-ray tubes
for imaging in medical, scientific, and industrial applications. With over
3,500 radiotherapy systems in place delivering treatments to more than one
million cancer patients per year, including over 50% of all cancer
patients in the U.S., the company holds a clear leadership position in
this technology.
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| 1983
Alumnus Recognized for Outstanding Achievement |
| Each year, a
graduate of the Institute is recognized for their significant
contributions to the high-tech industry and community. This
year Daniel Borel, Co-Founder & Chairman of the board of
Logitech International was honored. Daniel Borel founded Logitech in
1981and attended the Institute in 1983 when their revenues were less
than $4M. Today Logitech, listed on the Swiss (1988) and
NASDAQ (1997) stock exchanges, is a world leader in computer
peripherals with over $1 billion in revenues and over 5,000
employees.
"Daniel Borel typifies high tech
entrepreneurship that is nurtured in the AeA/Stanford Executive
Institute. We are very proud that his experience in the
Institute aided him in his later significant business
contributions," states Bill Archey, CEO of AeA.
|
Tom Byers, SEI Co-Director &
Stanford Professor; Daniel Borel, Logitech International Co-Founder
and Chairman of the Board; Elaine Sanders, Senior Vice President of
AeA and Peter Glynn, SEI Co-Director & Stanford Professor |
|
2005
AeA/Stanford Alumni Award Nominations |
|
Honor a fellow alumnus for their important contributions to
technology! Submit
your nomination for the 2005
AeA/Stanford Alumni Outstanding Achievement Award.
Please include their name, title,
company and a brief
description of his/her contributions to technology. Deadline for nominations is February 25, 2005.
Past recipients include:
Dick Levy, CEO of Varian Medical Systems; Federico Faggin,
Co-Founder of Synnoptics; and Daniel Borel Co-Founder of Logitech,
International. |
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|
Alumni Updates
- Where Are They Now? |
|
Bruce Carmichael (Class of 2002) of L-3
Communications has been promoted to Vice President of Air Force Programs.
Winston Choe (Class of 2004) formerly of Sun
Microsystems, is now Nokia's Director of Market Development
& Enterprise Solutions. He writes: "I have joined Nokia
to manage the networking, handsets, solutions and services
business into the enterprise marketplace. I am leading the
team that will develop future business potential for ES mobile
devices. The (Institute's) lectures, cases, and
venture-lab provided me with some of the key tools required in my
business!"
Have
you had made a career move or been promoted? Let us know!
|
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You are the best testament to the quality and
value of
the Institute! |
"I found the course most
beneficial. I would like to see more senior managers of my
company attend."
-
Brian Duggan,
President & COO, Radyne ComStream, Inc
|
| Have
a contact you think would be a great candidate to attend the
Institute?
Email us their contact information
and we'll invite
them to apply for 2005!
Or you can
invite them to visit http://www.aeanet.org/stanford
for more information.
Advise potential
attendees to budget for and apply to the program
early! Applicants who
apply before December 31, 2004 will receive an early registration
discount of $1500! |
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|
AeA
CALENDAR OF EVENTS
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|
October
2004
|
| 10.7: |
2004
Medal of Achievement Dinner
(San Jose, CA) |
| 10.12: |
Commercializing
Nanotechnology In the Greater Garden State
(Princeton, NJ) |
| 10.12: |
Escalating
Healthcare Costs: Is There A Cure?
(Beaverton, OR) |
| 10.13: |
Protecting
Senior Executives in a Change of Control
(Maynard, MA) |
| 10.13: |
Value
Chain Marketing: A Wireless Perspective
(Santa Clara, CA) |
| 10.13: |
11th
Annual High Tech Awards
(La Jolla, CA) |
| 10.14: |
AeA
Oregon Council CEO Forum
(Portland, OR) |
| 10.14: |
CFO
Forum: Valuing Your Company - Principles
(Granite Bay, CA) |
| 10.14: |
The
Marketing Driven Business Model
(Bellevue, WA) |
| 10.19: |
Choosing
Patent Strategies From a Business
Perspective
(Portland, OR) |
| 10.19: |
Risk
in the Supply Chain: Impact of Outsourcing
(Bellevue, WA) |
| 10.20
- 21: |
2nd
Government-Industry Exec. Interchange
(Washington, DC) |
| 10.20: |
HR
University: Strategic Thinking &
Acting
(Bellevue, WA) |
| 10.21: |
CIO
Forum
(Via Web Conference, FL) |
| 10.21: |
Mining
New England Technology Gems
(Boston, MA) |
| 10.21: |
Sales
& Marketing Roundtable
(Atlanta, GA) |
| 10.22: |
NJ-PA
Executive Committee Meeting
(Via Telephone Conference Call, NJ) |
| 10.22: |
Exec
Leadership Inst.- Visual Business Mapping
& Strategy
(Bellevue, WA) |
| 10.28: |
NJ-PA
Government Affairs Committee
(Via Telephone Conference Call, NJ) |
| 10.29: |
AeA
Florida Council Abacus Awards
(Hollywood, FL) |
| 10.29: |
A
Conversation With the Technology Industry
(Ft. Lauderdale, FL) |
| 10.29: |
Always
Be Prepared: Exit Strategies
(Denver, CO) |
| 10.29: |
Employee
Communications That Connects
(Chelmsford, MA) |
|
|
Mark Your
Calendars |
| 11.2
- 11.3: |
AeA Classic
Financial Conference, San Diego, CA |
| 6.13
- 6.16: |
AeA/Santa
Clara
Management Program, Santa Clara,
CA |
| 8.7
- 8.17: |
AeA/Stanford Executive
Institute, Stanford, CA |
|
Full
Events Calendar
|
|
|
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This page was last updated on 10/08/04.
Copyright © 2002 American Electronics Association. All
rights reserved. |
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