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THE MBA STAKEHOLDER<br />

News from <strong>the</strong> MBA Program Team & MBA Community at <strong>HHL</strong><br />

April 13, 2007<br />

Welcome to this Spring edition <strong>of</strong> <strong>the</strong> MBA Stakeholder—a convenient way to stay “in <strong>the</strong> loop”<br />

on <strong>the</strong> activities <strong>of</strong> our current students, alumni, faculty/staff and o<strong>the</strong>r <strong>HHL</strong> <strong>stakeholder</strong>s. We invite<br />

your news and views to keep us all informed and inspired. If you have news, please send it to<br />

Doro<strong>the</strong>e Fleischer: doro<strong>the</strong>e.fl eischer@hhl.de<br />

Please click directly below on <strong>the</strong> topics you’d like to view fi rst or read <strong>the</strong> entire Stakeholder when<br />

your busy life gives you a few moments to refl ect.<br />

HEADLINES / ACADEMICS / FACULTY & STAFF / STUDENTS & ALUMNI /<br />

VIPS / MISCELLANY / WORDS OF WISDOM<br />

. . .<br />

HEADLINES/ACADEMICS<br />

Case Challenge 2007: Cranfi eld and <strong>HHL</strong> win case competition<br />

aimed at regional development and business solutions<br />

The winner <strong>of</strong> this year’s European-Wide<br />

Case Challenge was England’s Cranfi eld<br />

<strong>School</strong> <strong>of</strong> <strong>Management</strong>, with <strong>the</strong> event’s<br />

creator and host, Germany’s <strong>HHL</strong>–<strong>Leipzig</strong><br />

<strong>Graduate</strong> <strong>School</strong> <strong>of</strong> <strong>Management</strong>, as<br />

runner-up. This year’s challenge was<br />

entitled, “The Power Generation <strong>of</strong> <strong>the</strong><br />

Future: Shaping <strong>the</strong> Solar Industry”<br />

and was sponsored chiefl y by solar cell<br />

industry leader, Q-CELLS.<br />

The intense, two-day, invitational event<br />

took place on <strong>the</strong> <strong>HHL</strong> campus February<br />

2-4 for <strong>the</strong> third year in a row and<br />

brought toge<strong>the</strong>r Europe’s top business<br />

schools to focus on regional development and<br />

real business solutions. Case Challenge is open<br />

to around 60 schools throughout continental Europe<br />

and Great Britain. This year seven schools<br />

(eight teams <strong>of</strong> four students each, representing<br />

13 nations and four continents) qualifi ed for <strong>the</strong><br />

deciding round <strong>of</strong> competition.<br />

Case Challenge 2007’s primary sponsor and cojudge<br />

– Q-CELLS AG <strong>of</strong> Thalheim, Sachsen-Anhalt,<br />

Germany – is <strong>the</strong> world’s largest independent<br />

solar cell producer and is widely recognized<br />

for its high research and development pr<strong>of</strong>i le. Q-<br />

CELLS expects to employ 5,000 thousand workers<br />

and pr<strong>of</strong>essionals in <strong>the</strong> high-performance<br />

solar cell industry in <strong>the</strong> <strong>Leipzig</strong> region and to<br />

be earning € 500 million annually by 2010.<br />

Runner-up <strong>HHL</strong> team (left to right): M7s Erik Janshen, Katharina<br />

Rosenbohm, Thomas Heißmeyer and Sven Stegmann.<br />

O<strong>the</strong>r sponsor-participants were <strong>the</strong> Chamber <strong>of</strong><br />

Industry and Commerce Halle-Dessau and <strong>the</strong><br />

Economic Initiative for Central Germany. International<br />

automotive and logistics leaders BMW<br />

and DHL served as lead sponsors in previous<br />

years.<br />

Each team’s challenge was to assess <strong>the</strong> potential<br />

and deliver <strong>the</strong> best ideas for addressing<br />

Q-CELL’s challenges and for growing central<br />

Germany’s photovoltaic and cluster industries.<br />

According to Dr. Joachim Reiß, <strong>the</strong>re to represent<br />

Q-CELLS’ strategic business development<br />

division, “The presentations gave us many ideas<br />

we would like to consider fur<strong>the</strong>r and o<strong>the</strong>rs that<br />

we plan to implement right away.”


After being notifi ed in late December that <strong>the</strong>y<br />

had been selected and receiving <strong>the</strong> Q-CELLS/<br />

<strong>HHL</strong>-developed case in mid-January, <strong>the</strong> fi n-<br />

alist teams had barely two weeks to prepare <strong>the</strong>ir<br />

case analyses in English. Once in <strong>Leipzig</strong>, <strong>the</strong>y<br />

had but ten hours to work on an additional assignment<br />

before presenting <strong>the</strong>ir entire case to<br />

a pr<strong>of</strong>essional panel <strong>of</strong> judges. Challenge funds<br />

paid most <strong>of</strong> <strong>the</strong>ir accommodation and travel expenses.<br />

First place winner, <strong>the</strong> Cranfi eld Challengers,<br />

took home €1000 Euros to be divided<br />

among team members Dr. Steve Allum, Johnny<br />

Johnston, Stuart Kistruck and Jeremy Carey.<br />

The top two teams received trophies and all 32 participants<br />

got handsome certifi cates for <strong>the</strong>ir efforts.<br />

The winning <strong>HHL</strong> team consisted <strong>of</strong> MBA students<br />

belonging to <strong>the</strong> seventh MBA class at <strong>HHL</strong>:<br />

M7s Erik Janshen, Sven Stegmann, Thomas<br />

Heißmeyer and Katharina Rosenbohm. As<br />

one <strong>HHL</strong> administrator observed, “The Cranfi eld<br />

presentation was extraordinary, so <strong>HHL</strong> had stiff<br />

competition against which <strong>the</strong>y did very well, indeed.”<br />

Case Challenge 2007 student organizers<br />

were: M7s Hicham Bou Habib, Jürgen Eschment,<br />

Lili Grigorova, Ken Klatt and Konstantinos<br />

Santikos and M6s Bidisha Chakrabarty<br />

and Pedja Popic, led by M6 Javier Gómez.<br />

As Cranfi eld spokesman David York, noted,<br />

“<strong>the</strong> event was perfectly organized and really<br />

impressed us – <strong>HHL</strong> and Q-CELLS were super<br />

hosts!” Dr. Steve Allum, leader <strong>of</strong> <strong>the</strong> winning<br />

team, typifi ed <strong>the</strong> event as a win-win situation for<br />

everyone involved. <strong>HHL</strong> Dean, Pr<strong>of</strong>. Dr. Hans<br />

Wiesmeth, summed it all up by saying <strong>of</strong> <strong>the</strong><br />

Case Challenge, “In light <strong>of</strong> high caliber events<br />

like this one, we can certainly look forward to future<br />

business-education partnerships with great<br />

optimism.”<br />

Editor’s note: Last Summer, a stalwart team<br />

<strong>of</strong> <strong>HHL</strong> MBA students took it upon <strong>the</strong>mselves<br />

to enter Cranfi eld’s famous sailing regatta.<br />

<strong>HHL</strong>’s was <strong>the</strong> winning German team. Well,<br />

<strong>the</strong>y were <strong>the</strong> only German team, but <strong>the</strong>y<br />

gave new meaning to <strong>the</strong> sporting term: win,<br />

place or show! To help beat this untarnished<br />

record in <strong>the</strong> upcoming July 2007 regatta (and<br />

if you are a current <strong>HHL</strong> MBA student or alumna/us),<br />

please contact P2 Friedhelm Wachs:<br />

friedhelm.wachs@hhl.de.<br />

. . .<br />

London Business <strong>School</strong><br />

back in <strong>the</strong> city <strong>of</strong> Bach<br />

Following a successful introductory study-tour in<br />

2006, MBA students and faculty from <strong>the</strong> London<br />

Business <strong>School</strong> will again visit <strong>Leipzig</strong> and <strong>HHL</strong><br />

in 2007. Last year’s event was so rewarding<br />

that it boosted demand from two sets <strong>of</strong> visitorscholars<br />

April 26-28 and May 3-5 and will, once<br />

more, focus on <strong>the</strong> automotive cluster topic.<br />

Those visiting in April will stay at <strong>the</strong> NOVOTEL.<br />

Following Friday morning breakfast on <strong>the</strong> 27th,<br />

<strong>the</strong>y will enjoy a guided tour at BMW, and <strong>the</strong>n<br />

be whisked <strong>of</strong>f to Porsche in <strong>the</strong> early afternoon.<br />

They expect to arrive at <strong>HHL</strong> around 4 p.m. for<br />

a discussion <strong>of</strong> innovations in <strong>the</strong> auto industry<br />

– led by <strong>HHL</strong> and LBS faculty. The remainder <strong>of</strong><br />

<strong>the</strong>ir trip will be devoted to peer networking and<br />

free time in <strong>the</strong> lively university town <strong>of</strong> <strong>Leipzig</strong>.<br />

The second group, arriving in May, will stay at<br />

<strong>the</strong> Mercure-am Gutenbergplatz. Although <strong>the</strong>y<br />

will get to see Porsche mid-day May 4th, <strong>the</strong>y will<br />

miss <strong>the</strong> BMW tour due to production scheduling.<br />

This gives <strong>the</strong>m <strong>the</strong> opportunity, however,<br />

to arrive about an hour early at <strong>HHL</strong> for refreshments<br />

and interaction with members <strong>of</strong> <strong>the</strong> <strong>HHL</strong><br />

community. They, too, will have <strong>the</strong> opportunity<br />

to enjoy <strong>the</strong> culture, shopping and Spring wea<strong>the</strong>r<br />

<strong>Leipzig</strong> has to <strong>of</strong>fer.<br />

For fur<strong>the</strong>r details, please contact <strong>the</strong> Chair <strong>of</strong><br />

Strategic <strong>Management</strong> and Organization: Pr<strong>of</strong>.<br />

Dr. Torsten Wulf and/or Christine Gille at:<br />

christine.gille@hhl.de.<br />

. . .<br />

Global Immersion Seminar takes shape<br />

The P2 class (Part-time MBA) will conclude its<br />

studies in September 2007 with a weeklong<br />

trip to Boston and Cambridge and <strong>the</strong> upper<br />

New England “high tech beltway” to explore<br />

cutting-edge academic and business <strong>the</strong>mes.<br />

Still refi ning <strong>the</strong> itinerary, <strong>the</strong> organizers – <strong>HHL</strong><br />

Visiting Pr<strong>of</strong>essor Dr. Stefan Spinler, Christian<br />

Rook (an <strong>HHL</strong> MBA and until recently CEO <strong>of</strong><br />

Brooks Automation GmbH) and <strong>HHL</strong> MBA Executive<br />

Director Petra Spanka – are targeting visits<br />

to MIT (Massachusetts Institute <strong>of</strong> Technology<br />

with emphasis on Supply Chain <strong>Management</strong>),


<strong>the</strong> Fletcher <strong>School</strong>, Harvard Business <strong>School</strong><br />

(Institute for Strategy and Competition) et al., as<br />

well as discussions with corporate leaders in <strong>the</strong><br />

Boston-Cambridge area.<br />

<strong>HHL</strong> visiting pr<strong>of</strong>essors, Christopher “Rusty”<br />

Tunnard <strong>of</strong> <strong>the</strong> Fletcher <strong>School</strong> and entrepreneur<br />

Dean Goodermote <strong>of</strong> Double-Take (see<br />

related VIP article) are arranging visits with <strong>the</strong>ir<br />

respective area contacts. Christian Rook has set<br />

up visits to several fi rms, including Brooks Automation,<br />

Lytron and Presstek (as <strong>of</strong> this writing).<br />

Stay alert for fur<strong>the</strong>r details in <strong>the</strong> August 2007<br />

Stakeholder about what is expected to be an intense<br />

and rewarding “capstone” to <strong>the</strong> Part-time<br />

MBA studies program.<br />

. . .<br />

Nixdorf Stiftung funding to create<br />

new chair in IT/logistics<br />

<strong>HHL</strong> announced in February that it is <strong>the</strong> recipient<br />

<strong>of</strong> a Heinz Nixdorf Stiftung grant to sponsor<br />

a chair in IT-supported logistics. Sponsorship<br />

<strong>of</strong> this discipline promises to benefi t students in<br />

<strong>the</strong> MBA program in <strong>the</strong> form <strong>of</strong> actual coursework,<br />

visits to and by fi rms, and lectures from<br />

leading logistics experts. All this takes place<br />

in a city <strong>of</strong> growing importance to <strong>the</strong> logistics<br />

industry, given that <strong>Leipzig</strong> is <strong>the</strong> home <strong>of</strong> DHL<br />

headquarters, as well as a key storage location<br />

for Amazon.com book operations and a lynchpin<br />

in o<strong>the</strong>r trade and delivery service developments<br />

throughout Europe. IT know-how is, in turn, a<br />

major factor in logistics success.<br />

. . .<br />

L-BEST Seminar 2007 begins in May<br />

<strong>HHL</strong>’s unique L-BEST seminar (Leadership–<br />

Business, Ethics, Society and Technology) features<br />

internationally prominent speakers in a<br />

give-and-take dialogue between guest speakers<br />

and students/faculty/guests in an informal setting.<br />

L-BEST is <strong>of</strong>fered to MBA students and,<br />

for <strong>the</strong> fi rst time in 2007, to Diplom students.<br />

Richard B. Mancke, <strong>HHL</strong>’s Pr<strong>of</strong>essor <strong>of</strong> Public<br />

Policy and Leadership, directs <strong>the</strong> program.<br />

In addition to <strong>the</strong> Full-time MBA and Diplom version<br />

<strong>of</strong> L-BEST, <strong>the</strong>re is a Part-time MBA version<br />

for mid-career students. The P2 and P3 (current)<br />

classes will engage in a one-day, panel-<br />

discussion event on <strong>the</strong> 18th <strong>of</strong> May, immediately<br />

prior to <strong>HHL</strong>‘s European Ivy League Fußball/soccer<br />

competiton. The over-arching <strong>the</strong>me for this<br />

day is “Learning from Challenges.” In addition,<br />

<strong>the</strong> P2 class will visit Boston/Cambridge in September<br />

2007 for an intensive course, <strong>the</strong> Global<br />

Immersion Seminar (see related article).<br />

Although <strong>the</strong> subjects addressed in <strong>the</strong> L-BEST<br />

course are diverse, <strong>the</strong>re is a unifying <strong>the</strong>me:<br />

changes in <strong>the</strong> external environment in which<br />

every fi rm conducts business frequently confront<br />

a fi rm and its management with great challenges<br />

as well as great entrepreneurial opportunities.<br />

Effective leadership is a major factor in meeting<br />

challenges creatively and successfully.<br />

The 2007 roster <strong>of</strong> distinguished speakers is as<br />

follows (*indicates a return visitor to <strong>the</strong> L-BEST<br />

seminar):<br />

4 May (recruiting weekend) – Pr<strong>of</strong>. Dipl.-Ing.<br />

Menno Harms*<br />

Twice CEO <strong>of</strong> HP Germany and an honorary pr<strong>of</strong>essor<br />

at <strong>the</strong> University <strong>of</strong> Stuttgart, Pr<strong>of</strong>. Harms<br />

currently heads his own consultancy (Menno<br />

Harms GmbH) and serves on <strong>the</strong> boards <strong>of</strong><br />

many corporations and non-pr<strong>of</strong>i t organizations.<br />

He is an annual guest <strong>of</strong> <strong>the</strong> L-BEST seminar<br />

as well as a participant in <strong>HHL</strong>’s MBA recruiting<br />

weekend.<br />

5 May (recruiting weekend/L-BEST adjunct<br />

event) – M3 Jack Artman*<br />

Infi neon Technologies AG Germany<br />

Senior Manager <strong>of</strong> Mergers & Acquisitions, Infi -<br />

neon Technologies AG, Germany, Jack Artman<br />

served as a fi nancial-investment analyst and<br />

Captain in <strong>the</strong> United States Marine Corps. Jack<br />

holds a Bachelor’s degree in Economics and Political<br />

Science from Stanford University and received<br />

<strong>HHL</strong>’s esteemed Schmalenbach Scholar<br />

Award for his outstanding work as a member <strong>of</strong><br />

<strong>the</strong> <strong>HHL</strong> MBA Class <strong>of</strong> 2003. He has conducted<br />

several Leadership workshops, etc. on behalf <strong>of</strong><br />

his alma mater.<br />

8 May – Dr. Johannes Meier*, Vorstand<br />

Bertelsmann-Stiftung<br />

Currently on <strong>the</strong> <strong>Management</strong> Board <strong>of</strong> <strong>the</strong> Bertelsmann<br />

Foundation where he has responsibility<br />

for Personnel and Finance as well as <strong>the</strong> subject<br />

area <strong>of</strong> Society and <strong>the</strong> Economy, Dr. Meier


was previously CEO <strong>of</strong> GE Compunet Computer<br />

and, prior to joining Compunet, a Principal at<br />

McKinsey. He is a regular L-BEST participant,<br />

having addressed <strong>the</strong> management principals <strong>of</strong><br />

General Electric and <strong>the</strong> policy implications for<br />

Germany and Europe <strong>of</strong> current and projected<br />

demographic trends.<br />

16 May – Dr. Ulrike Wolff<br />

Dr. Wolff, <strong>Management</strong> Beratung<br />

Dr. Wolff began her Berlin-based management<br />

consultancy in 1996. Her fi rm focuses on<br />

coaching for executives and management teams<br />

<strong>of</strong> larger, internationally oriented enterprises.<br />

24 May – Frank Lamby*<br />

Sprecher des Vorstands, Hypo Real Estate<br />

Bank AG<br />

Mr. Lamby is currently Chairman <strong>of</strong> <strong>the</strong> <strong>Management</strong><br />

Board <strong>of</strong> <strong>the</strong> Hypo Real Estate Bank AG<br />

where he led a major restructuring and return to<br />

pr<strong>of</strong>i tability. His career has focused on real estate<br />

and property development issues in Germany,<br />

especially in <strong>the</strong> former East German states<br />

and neighboring Eastern European nations.<br />

1 June – Steffen Naumann*, COO and CFO,<br />

Axel Springer AG<br />

Currently on <strong>the</strong> <strong>Management</strong> Board <strong>of</strong> Axel<br />

Springer AG where he has responsibility for Finance,<br />

Controlling, Strategy, etc., Mr. Naumann<br />

previously served as Executive Vice President<br />

and CFO <strong>of</strong> Random House, an international<br />

publishing fi rm based in New York City and now<br />

owned by Bertelsmann.<br />

11 June – Dr. Hans-Dietrich Winkhaus<br />

Henkel KGaA, Düsseldorf<br />

Former CEO <strong>of</strong> Henkel, Dr. Winkhaus will address<br />

one <strong>of</strong> his favorite topics, Private Equity in a European<br />

context, and explain how that relates to<br />

his experiences at Henkel.<br />

14 June – Dr. Paul-Bernhard Kallen<br />

Burda Vorstand<br />

Currently a member <strong>of</strong> <strong>the</strong> Board <strong>of</strong> Directors<br />

<strong>of</strong> Hubert Burda Media Holding GmbH & Co.<br />

KG-Technology and Treasurer and Managing<br />

Director <strong>of</strong> several companies within <strong>the</strong> Burda<br />

Group, Dr. Kallen earlier served as a Partner at<br />

McKinsey & Co. Inc. and was Managing Director<br />

<strong>of</strong> Burda Services GmbH in 1996-2001.<br />

POSTPONEMENTS:<br />

The Honorable William R. Timkin, Jr.<br />

United States A<strong>mba</strong>ssador to Germany<br />

Due to involvement in <strong>the</strong> G8 conference to<br />

be held in Germany, A<strong>mba</strong>ssador Timkin’s talk<br />

will be rescheduled (at a date in 2007 to be announced).<br />

Mr. Timken is <strong>the</strong> current A<strong>mba</strong>ssador<br />

<strong>of</strong> <strong>the</strong> United States <strong>of</strong> America to Germany. He<br />

has served in a wide range <strong>of</strong> roles at <strong>the</strong> Timken<br />

Company, including President and CEO, as well<br />

as Chairman <strong>of</strong> <strong>the</strong> Board <strong>of</strong> Directors and CEO.<br />

He was also chairman <strong>of</strong> <strong>the</strong> Securities Investor<br />

Protection Corporation, <strong>the</strong> National Assoc. <strong>of</strong><br />

Manufacturers, <strong>the</strong> Manufacturing Institute and<br />

<strong>the</strong> Ohio Business Roundtable and has served<br />

on <strong>the</strong> Advisory Council <strong>of</strong> <strong>the</strong> Stanford University<br />

<strong>School</strong> <strong>of</strong> Business and <strong>the</strong> U.S.-Japan Business<br />

Council.<br />

Dr. Michael Naumann*<br />

Editor-in-Chief/Publisher <strong>of</strong> Die Zeit<br />

Currently campaigning as <strong>the</strong> SPD candidate for<br />

Oberbürgermeister (Lord Mayor) <strong>of</strong> Hamburg,<br />

Dr. Naumann will return to <strong>HHL</strong> as an L-BEST<br />

speaker in May 2008. Chief Editor and Publisher<br />

<strong>of</strong> <strong>the</strong> distinguished newspaper, Die Zeit, journalist<br />

and businessman, Dr. Naumann served as<br />

Minister for Culture in <strong>the</strong> Cabinet <strong>of</strong> Germany‘s<br />

Kanzler Gerhard Schroeder and earlier as<br />

Foreign Editor <strong>of</strong> Die Zeit and Der Spiegel, as<br />

well as publisher <strong>of</strong> Rowohlt Verlag and <strong>the</strong> New<br />

York-based Henry Holt Publishing.<br />

. . .<br />

FACULTY & STAFF<br />

M6 Javier Gómez joined <strong>the</strong> <strong>HHL</strong> MBA Team as<br />

MBA Program Manager on April 1, 2007. Javier<br />

holds a Bachelor in Marketing from <strong>the</strong> University<br />

<strong>of</strong> Guadalajara in Mexico and an MBA from<br />

<strong>HHL</strong>.He is <strong>the</strong> fi rst MBA alumnus to become a<br />

member <strong>of</strong> <strong>the</strong> MBA administrative team and is<br />

<strong>the</strong> contact person regarding <strong>the</strong> MBA academic<br />

schedule and consulting projects. His e-mail is<br />

javier.gomez@hhl.de or he can be reached by<br />

phone at +49 (0) 341 / 98 51 652 (Room 206).<br />

. . .


Wedding bells<br />

STUDENTS & ALUMNI<br />

M3 Mahesh<br />

Bhatter is happy<br />

to announce<br />

that he married<br />

<strong>the</strong> former Ina<br />

Fuchs <strong>of</strong> Chemnitz<br />

on February<br />

9 in Kolkata,<br />

India. The couple<br />

took <strong>the</strong>ir<br />

honeymoon on<br />

<strong>the</strong> Andaman<br />

& Nicobar Islands,<br />

which<br />

are still isolated<br />

from Internet<br />

or even mobile<br />

telephone use. He sends “Liebe Grüße<br />

und bis bald!” and shared a photo <strong>of</strong><br />

Ina and himself in <strong>the</strong>ir wedding attire.<br />

. . .<br />

M3 Onur Köksal got married in Istanbul last<br />

August 18, 2006 to Deniz Comelek (now Köksal).<br />

He is currently working as senior project<br />

controller at Multi Group, an affi liate <strong>of</strong> Morgan<br />

Stanley Real Estate Fund in Istanbul. He met up<br />

with classmates Hans, Eric, Juan and Guillermo<br />

in February to celebrate Karneval in Köln. “It was<br />

really fun,” he added, and sent regards to those<br />

in <strong>the</strong> MBA <strong>of</strong>fi ce.<br />

. . .<br />

M3 Tze-Kiu Wu wrote to Doro<strong>the</strong>e Fleischer,<br />

“You‘re right. I got married already. My wife‘s<br />

name is Katty Lai. We got married in Hong Kong<br />

on 14 October 2006. Attached you can see a picture<br />

we took with some <strong>HHL</strong> friends in <strong>the</strong> wed-<br />

ding. Currently I‘m working in <strong>the</strong> area <strong>of</strong> IT Audit.<br />

Need to travel a lot – sometimes in European<br />

countries like UK, Italy and Holland. However,<br />

I haven‘t had a chance to travel to Germany so<br />

far. If I travel nearby <strong>Leipzig</strong>, will defi nitely visit<br />

you all. I heard <strong>Leipzig</strong> is getting busier and busier<br />

now. I miss <strong>the</strong> city very much. Best wishes<br />

from Hong Kong.”<br />

. . .<br />

P1.5 Andreas Abt married Birgit Heymanns-<br />

Abt (<strong>the</strong> former Birgit Heymanns) in Dresden in<br />

early December 2006, following a long (7+ year)<br />

courtship. The couple took a bit <strong>of</strong> time <strong>of</strong>f from<br />

workaday pressures to enjoy a honeymoon in India<br />

and <strong>the</strong> Maldives.<br />

Why is Andreas called P1.5 (and why is he <strong>the</strong><br />

only one)? Because he plunged into work with<br />

<strong>the</strong> P1 class while it was already in full swing,<br />

<strong>the</strong>n fi nished up with P2 so as, typically, to maximize<br />

his efforts! He and Birgit are looking forward<br />

to tackling some new, more challenging opportunities.<br />

Stay tuned for that news.<br />

. . .


Baby boom<br />

M3 Andreas König and his wife Susana welcomed<br />

a new child, a son named Gabriel (Spanish<br />

pronunciation accenting <strong>the</strong> last syllable) into <strong>the</strong><br />

world on February 11, 2007. Gabriel weighed<br />

3550 grams and was 51 centimeters long. The<br />

couple is very happy and grateful, doing well and<br />

sends joyous greetings from Nuremberg.<br />

. . .<br />

M6 Christian Zimmer and his wife Ana Carolina<br />

welcomed a daughter, Adelina, into <strong>the</strong> family at<br />

Christian‘s Graduation day on August 19, 2006.<br />

They’re all doing well in Bad Homburg. His classmate<br />

and neighbor, M6 Rainett Wagenknecht<br />

also sends her greetings.<br />

. . .<br />

M3 Julia Mirsch gave birth to a little boy named<br />

Konstantin in November 2006. She reports<br />

that Mom and baby are doing fi ne! The family<br />

recently moved to a new residence in Hannover.<br />

. . .<br />

Don‘t forget to join in <strong>the</strong> competition and celebration:<br />

<strong>HHL</strong> IVY LEAGUE GAMES and ALUMNI GATHERING<br />

Date: Friday-Sunday, May 18-20<br />

Place: <strong>HHL</strong> campus and<strong>of</strong>f-campus<br />

Fur<strong>the</strong>r information: doro<strong>the</strong>e.fl eischer@hhl.de or www.ivy-league.de


Executive ladder<br />

M2 Gregor Dorsch writes that his start-up fi rm<br />

in Augsburg, Syntops GmbH – which customizes<br />

hardcopy news for its clientele – is in action as<br />

<strong>of</strong> December 2006. He and his colleagues took<br />

out a few moments to celebrate reaching <strong>the</strong>ir<br />

fi nancing milestone. He promises ongoing<br />

contact and cooperation with <strong>the</strong> MBA program<br />

whenever his busy life and schedule allows. In<br />

mid-March Gregor also sent e-mails to a number<br />

<strong>of</strong> classmates and friends seeking feedback on<br />

<strong>the</strong> cultural contents and media his fi rm seeks to<br />

<strong>of</strong>fer. To contact him and provide feedback, go to:<br />

Email: dorsch@syntops.de or www.syntops.de.<br />

. . .<br />

M6 Amir Taheri sent a cheerful note late February<br />

about his new life in Frankfurt. He’s busy,<br />

hence has little time to read books, especially<br />

in English, as he continues to make progress in<br />

reading auf Deutsch.<br />

He reports, “I fi nally began working with IBM, <strong>the</strong><br />

fi rst <strong>of</strong> this month. It was a month delayed due<br />

to <strong>the</strong> Arbeitserlaubnis. That was a pickle let me<br />

tell you. Also, last Sunday I moved into my new<br />

fl at here in Frankfurt. It was so diffi cult to fi nd a<br />

place. But, I do like it a lot even though it is fairly<br />

small and expensive. The thing is, that it‘s my<br />

fi rst place all my own, and that has its own special<br />

feel.<br />

Work has just started to build up now, with my<br />

project starting, and <strong>the</strong> long hours kicking in.<br />

Oh, if you’re wondering what I am doing, it is internal<br />

consulting for IBM itself. Even <strong>the</strong> consultants<br />

need consultants. Have to admit it would<br />

look funny for <strong>the</strong>m to have outside consultants<br />

come in, right?! O<strong>the</strong>r than that not much new.”<br />

Amir, who is also <strong>the</strong> M6 Class Agent, invites<br />

classmates to send him <strong>the</strong>ir own news for future<br />

issues <strong>of</strong> <strong>the</strong> MBA Stakeholder. His address:<br />

amir.taheri@<strong>mba</strong>.hhl.de.<br />

. . .<br />

P1 Stefan Bielau took over leadership <strong>of</strong> <strong>the</strong><br />

media concern, WAWA-Unternehmensgruppe,<br />

at <strong>the</strong> end <strong>of</strong> December 2006. As such, he is<br />

living in Warsaw and working mainly in Poland.<br />

He took <strong>the</strong> time to write a letter <strong>of</strong> thanks to all<br />

his friends and colleagues who supported him<br />

in <strong>the</strong> time leading up to his decision. He has<br />

not ruled out some private entrepreneurship<br />

<strong>of</strong> his own. He wishes everyone “freundlichen<br />

Grüssen” and “Pozdrawiam.”<br />

. . .<br />

VIPS<br />

Dean Goodermote launches<br />

yet ano<strong>the</strong>r exciting venture<br />

For <strong>the</strong> past fi ve years, Visiting Pr<strong>of</strong>essor<br />

Dean Goodermote has been giving <strong>HHL</strong><br />

MBA students high stakes, real-time insights<br />

to augment <strong>the</strong> <strong>the</strong>ories he incorporates<br />

in his annual Entrepreneurship lectures.<br />

A corporate executive seasoned in start-ups,<br />

management, acquisitions and turnarounds,<br />

Dean has founded or run six companies, two <strong>of</strong><br />

which he has taken public. He is currently Chairman<br />

and CEO <strong>of</strong> Double-Take S<strong>of</strong>tware, Inc. <strong>of</strong><br />

Southborough, Massachusetts, USA – a maker<br />

<strong>of</strong> disaster recovery s<strong>of</strong>tware. Dean took Double-<br />

Take public in December 2006 after a whirlwind,<br />

12-day, 22-city tour <strong>of</strong> six nations, where he made<br />

80 public presentations to raise nearly $100 million<br />

for <strong>the</strong> IPO. As <strong>of</strong> around mid-March, Double-Take’s<br />

market capitalization was $320 million<br />

(a fi gure always subject to market fl uctuations).<br />

Dean’s previous experience includes positions<br />

as a Venture Partner at ABS Capital Partners,<br />

Chairman and CEO <strong>of</strong> Clins<strong>of</strong>t, (clinical trial<br />

data management s<strong>of</strong>tware – acquired by<br />

Phase Forward), Chairman and Founder <strong>of</strong><br />

IPworks (IP address management and broadband<br />

provisioning – acquired by Ericsson),<br />

CEO <strong>of</strong> Process S<strong>of</strong>tware (Internetworking<br />

s<strong>of</strong>tware – acquired by Platinum), and Chairman<br />

and President <strong>of</strong> MRO (formerly PSDI,<br />

maintenance management s<strong>of</strong>tware – IPO).<br />

Companies Dean has led have received recognition<br />

in Business Week’s “Top 100 Growth Companies,”<br />

Fortune Magazine’s “Top 200 Small<br />

Companies,” Manufacturing System’s “Top 50,”<br />

S<strong>of</strong>tware Magazine’s “Top 100,” CIO Magazine’s<br />

“Top 100,” <strong>the</strong> “New England Fast Fifty” award<br />

and “The INC 500.” In addition, Dean is <strong>the</strong> founder<br />

<strong>of</strong> <strong>the</strong> start-up, Grid-Analytics, which targets<br />

<strong>the</strong> search and analysis <strong>of</strong> health care information<br />

to improve safety and quality <strong>of</strong> care. He sits<br />

on <strong>the</strong> boards <strong>of</strong> several high-tech companies.


A graduate <strong>of</strong> <strong>the</strong> Fletcher <strong>School</strong> (Tufts University,<br />

Medford, Massachusetts, USA), Dean’s<br />

non-business interests include serving on<br />

<strong>the</strong> Health Advisory Board <strong>of</strong> <strong>the</strong> Johns Hopkins<br />

Bloomberg <strong>School</strong> <strong>of</strong> Public Health where<br />

he also chairs its Advisory Board to <strong>the</strong> Center<br />

for Refugee and Disaster Response. He<br />

sits on <strong>the</strong> board <strong>of</strong> <strong>the</strong> Endowment for Psycho<strong>the</strong>rapy<br />

at Massachusetts General Hospital/Harvard<br />

Medical <strong>School</strong> and on <strong>the</strong> Board<br />

<strong>of</strong> Overseers at <strong>the</strong> New England Aquarium.<br />

In his “spare time,” he enjoys freestyle skiing,<br />

horseback riding and music. Recently, he earned<br />

a Master’s Certifi cate in Music Theory and Harmony<br />

at Berkleemusic, <strong>the</strong> extension school <strong>of</strong><br />

Boston’s prestigious Berklee College <strong>of</strong> Music,<br />

and plays bass in ClusterFunk, <strong>the</strong> Double-Take<br />

company rock band, which has been known to<br />

entertain large high-tech convention audiences.<br />

Dean, his wife Diane and two children, Rachel<br />

and Luke, fi rst visited <strong>HHL</strong> and <strong>Leipzig</strong> in 2002.<br />

Dean has been teaching annually at <strong>HHL</strong> as a<br />

courtesy to <strong>the</strong> school and MBA staff – and to<br />

his former Fletcher pr<strong>of</strong>essor, Richard Mancke –<br />

ever since. The school granted him an honorary<br />

pr<strong>of</strong>essorship in 2005. MBA students taking his<br />

courses have <strong>of</strong>ten found <strong>the</strong>mselves astonished<br />

to be involved in actual decision-making and negotiations<br />

regarding <strong>the</strong> fi rms and industries <strong>the</strong>ir<br />

pr<strong>of</strong>essor knows “inside out.” The course is a<br />

rigrous, weeklong event characterized by little sleep<br />

for its highly engaged and motivated participants.<br />

Dean also assists <strong>HHL</strong> by recommending visiting<br />

faculty and is helping to set up visits to <strong>the</strong><br />

Boston area for <strong>the</strong> forthcoming P2 Global Immersion<br />

Seminar (September 2007, see related<br />

story under Academics).<br />

. . .<br />

MISCELLANY<br />

Who is an MBA Stakeholder?<br />

If you receive this publication, you may<br />

be wondering, just who is an MBA Stakeholder?<br />

We use a very broad defi nition to include<br />

as many inside and in contact with<br />

<strong>the</strong> extensive <strong>HHL</strong> community as possible,<br />

including <strong>the</strong>se constituencies:<br />

1. MBA staff and volunteers<br />

2. Current MBA students<br />

3. MBA alumni – full-time and part-time<br />

4. Current <strong>HHL</strong> students – including international<br />

exchange students and those enrolled in <strong>the</strong> Diplom,<br />

M.Sc. and Ph.D. programs<br />

5. <strong>HHL</strong> alumni from all programs<br />

6. <strong>HHL</strong> faculty, staff and administrators – including<br />

visiting pr<strong>of</strong>essors and assistants<br />

7. Former faculty-staff-administrators<br />

8. Applicants and potential students and faculty<br />

9. L-BEST (Leadership course) guest speakers,<br />

past and present<br />

10. Members <strong>of</strong> <strong>the</strong> Aufsichtsrat and Kuratorium<br />

to whom <strong>the</strong> <strong>HHL</strong> administration forwards matters<br />

<strong>of</strong> interest<br />

11. Additional friends <strong>of</strong> <strong>HHL</strong> and <strong>the</strong> greater<br />

<strong>Leipzig</strong> and/or business community.<br />

12. Those who you, <strong>the</strong> reader, suggest might be<br />

interested in learning more about <strong>the</strong> MBA programs<br />

and linkages to o<strong>the</strong>r programs and activities<br />

at <strong>HHL</strong>.<br />

. . .<br />

WORDS OF WISDOM<br />

Lost and found in translation<br />

Watch your manners and mannerisms! <strong>HHL</strong><br />

Alumni Relations and MBA Administrative Coordinator,<br />

Doro<strong>the</strong>e Fleischer, has attended workshops<br />

on Latin America and China, sponsored<br />

by Gate-Germany/DAAD (www.gate-germany.<br />

de), to learn a few cultural tips and better serve<br />

<strong>HHL</strong> community members. Here are a few <strong>of</strong><br />

<strong>the</strong> things she’s learned, and she invites anyone<br />

who wishes to enlarge upon, modify and update<br />

her discoveries:<br />

China<br />

Chinese society is organized in a collective<br />

(known as “danwei”), as opposed to individualistic<br />

manner, which results in a clear hierarchical<br />

system. A person’s title and responsibilities are<br />

serious matters. Everyone needs to know his or<br />

her place if <strong>the</strong> system is to function effectively<br />

and it is seldom wise to put forth a “better idea”<br />

that might extend outside your own area <strong>of</strong> expertise<br />

or purview.<br />

“Saving face” or not e<strong>mba</strong>rrassing o<strong>the</strong>rs is a<br />

beacon <strong>of</strong> correct Chinese behavior. This means


that open criticism <strong>of</strong> someone else or <strong>the</strong>ir ideas<br />

is taboo. Praise, praise and more praise is what<br />

you should <strong>of</strong>fer before even suggesting that<br />

someone has made a misstep.<br />

To say “no” outright is highly impolite. Even if<br />

you mean no, fi nd a way to s<strong>of</strong>ten and modify<br />

your position, postpone being negative or work<br />

around to ano<strong>the</strong>r solution that incorporates that<br />

unspoken “no.”<br />

Social harmony is extremely important. Consensus<br />

building, not asking for direct answers, is <strong>the</strong><br />

key. It can even be dangerous to ask individuals<br />

<strong>the</strong>ir opinion, since <strong>the</strong>y are not likely to appreciate<br />

such a “confrontational” approach. No answer<br />

means” I don’t know.” The <strong>of</strong>fer <strong>of</strong> help and<br />

information is one way some Chinese tell you<br />

what <strong>the</strong>y think without telling you what to do.<br />

Artful, perhaps somewhat evasive and clever approaches,<br />

along with tact, are considered signs<br />

<strong>of</strong> intelligence are more readily appreciated than<br />

“transparency.”<br />

Latin America<br />

The clock ticks more slowly in Latin America than<br />

elsewhere. Expect to wait for someone to show<br />

up or let you in. It’s not uncommon to “multi-task”<br />

or to devote time to private matters and work<br />

simultaneously. Without setting a precise date<br />

when you ask for something, you will never get it.<br />

It’s not that people forget – <strong>the</strong>y just don’t regard<br />

it as urgent without a fi rm date. But planning too<br />

far in advance is hazardous. Latin Americans<br />

would seldom think to invite someone a month in<br />

advance. Give short notice and you’ll get better<br />

results.<br />

Latin American has its own hierarchy. This makes<br />

it diffi cult to get to <strong>the</strong> point right away. Criticism<br />

is an insult and those who engage in it endanger<br />

o<strong>the</strong>rs’ perception <strong>of</strong> <strong>the</strong>ir status. This is not<br />

unlike <strong>the</strong> Chinese notion <strong>of</strong> “saving face” or preserving<br />

personal grace and dignity. (Or perhaps<br />

it is universal human nature to want to put on<br />

“<strong>the</strong> best face” in front <strong>of</strong> friends, acquaintances<br />

and colleagues or in public.)<br />

Getting to be an “insider” in Latin America is an<br />

arduous process. You won’t get far if you don’t<br />

know someone or unless you are recognized<br />

as “<strong>the</strong>” person to know – or if you fail to show<br />

your generosity, which might mean throwing<br />

a bit <strong>of</strong> money about to prove it. Latin Americans<br />

tend to defi ne <strong>the</strong>mselves by <strong>the</strong>ir outward<br />

demeanor and “look.” A well-groomed, welldressed<br />

appearance denotes high status. Moving<br />

up <strong>the</strong> social scale is an accepted practice<br />

that many engage in.<br />

In intercultural situations, and especially when<br />

you are “green” or new to a culture, it is easy to<br />

misinterpret or misunderstand things – gestures<br />

or expressions.<br />

Doro<strong>the</strong>e is looking forward to attending more<br />

workshops on some <strong>of</strong> <strong>the</strong> many international<br />

cultures and backgrounds she encounters at<br />

<strong>HHL</strong>, as well as getting her information from “<strong>the</strong><br />

horse’s mouth” that is, <strong>the</strong> students and visitors<br />

<strong>the</strong>mselves.<br />

. . .<br />

The information for this edition <strong>of</strong> <strong>the</strong> Stakeholder<br />

e-newsletter was ga<strong>the</strong>red, prepared and<br />

distributed by Barbara Hobbie and Doro<strong>the</strong>e<br />

Fleischer. Thanks to those students and alumni<br />

who contributed photos <strong>of</strong> <strong>the</strong> events in which<br />

<strong>the</strong>y participated. Special thanks to M7 Katharina<br />

Rosenbohm for working with Doro<strong>the</strong>e to<br />

revise <strong>the</strong> layout for our „new look.“

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