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Winter 2012

In this Issue:

Energy: The Public-Policy Debate

Stories of Supply Chain Survival

The NBA’S Private-Equity Diaries

COVER STORY
PennPark

Penn Park Grand Opening

Penn Park features 24 acres of recreation and athletic fields and represents a $46.5 million investment of institutional and donated resources, as well as the application of Wharton research.

FEATURED STORY
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Why It’s Always Sunny in Philadelphia

The name of Mayor Michael Nutter, W’79, is being dropped more and more outside of Philadelphia. We talk with him about his relevance in the national political scene, as well as the power and limits of public policy.

FEATURED STORY
energy

What Is the Real Cost of Cheap Energy?

Our public policy debate explores the extent of government’s role, and questions the fairness and transparency of mandating one form of energy over another.

FEATURED STORY
Chris Balme, C'03, W'03

The Many Faces of the Mission-Driven

Wharton students and alumni are playing ever-more prominent and prevalent roles in social impact, thanks to the fundamentals of a Wharton education and the School’s focus on social impact.

FEATURED STORY
Clockwise: Andrew Hunt, WG'10; Jeffrey Raider, WG'10; David Gilboa, WG'10; and Neil Blumenthal, WG'10

Making Waves on Their Own Ship

More Wharton grads are taking the skills they learn—and the connections they make—to pursue their entrepreneurial dreams. And some of their startups are receiving a lot of attention.

FEATURED STORY
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The Private-Equity Diaries

Private-equity maestro Josh Harris, W’86, leads a team of investors to buy the Philadelphia 76ers. For him, it’s another impending success in a long series of professional and personal victories.

FEATURED STORY
Junichi Endo, WG'93

Lessons From Tohoku

The effects of the earthquake of March 2011 have rippled along every link in supply chain management.

Final Exam

This issue’s Final Exam challenge: the best way to negotiate for a new job.

Conceiving of Executive Education Through Cooperation

Designed in partnership with the Initiative for Global Environmental Leadership (IGEL), Business Sustainability Leadership will feature education sessions to teach business leaders about cutting-edge strategy and metrics that increase corporate productivity and competitiveness while preserving the environment.

How to Fund Healthcare Innovation

It is difficult nowadays to find funding for an early-stage company in the biomedical and biotech field. As speakers at the Annual Wharton Alumni Healthcare Conference explained, the rules of engagement between investors and entrepreneurs have changed since the financial crisis.

The Entrepreneur Give-and-Take

Celebrating its 10th anniversary, the Wharton School’s Entrepreneur-in-Residence program (EIR) has been an overwhelming, and copied, success.

7 Ways Your Smartphone May Be Killing Your Business

Today’s smartphones enable business leaders to constantly be in contact with the office and access the Internet or the cloud for needed information on the fly. Unfortunately, it is exactly this constant contact and easy access that often overwhelm the positives and make these devices harmful to the leaders’ businesses and lives.

Bottom Line

Wharton Doctoral Programs offer a tremendous breadth and depth of business knowledge to empower students’ research interests. Students work with leading faculty in a collaborative environment that offers unmatched opportunities to find their path as scholars and intellectual leaders. They take ownership of their ideas and discover new multidisciplinary research opportunities.

A Faculty Find

Zeke Emanuel joins Wharton as one of three new Penn Integrates Knowledge appointments.

Mining Your Mistakes

A Q&A with Paul J.H. Schoemaker, WG’74, GR’77, research director of Wharton’s Mack Center for Technological Innovation, about his new book Brilliant Mistakes from Wharton Digital Press.

Starting a Trend?

Ken Shropshire, the David W. Hauck Professor of Legal Studies and Business Ethics and director of the Wharton Sports Business Initiative, would not discourage Josh Harris, W’86, in his purchase of the Philadelphia 76ers.

Lifelong Learning Is …

The Wharton School is transforming and expanding the way it meets the educational needs of its alumni—all of its alumni, throughout their lives.