The University of Texas at Austin
September 27, 2007   
McCombs School of Business
  Wynn Says Austin Will Take Lead in Fight Against Global Warming
Will WynnThe Austin community has an urgent responsibility to fight global warming, said the city’s mayor to a packed crowd at McCombs Sept. 21. Mayor Will Wynn gave a slideshow presentation, followed by a question and answer session with the audience, as part of the school’s Ethics and Corporate Social Responsibility Speaker Series. “We, in Austin, are going to have the most efficient—or aggressive, as some people would call it—building codes to reduce energy consumption exactly where we use it—in our homes and offices,” he said.
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Trent Thurman, Steven BurtonExecutive Education Announces New Appointments for Thurman, Burton
Trent Thurman (right above), MBA ’94, has been appointed director of the Texas Evening MBA program. Thurman currently serves as the associate director for the Texas MBA in Houston and the Texas MBA in Dallas programs. Thurman spent more than 10 years in commercial and corporate real estate, and worked on Capitol Hill before returning to McCombs in 2005. Steven Burton (right below), MBA ’04, has been named the new director of the Houston and Dallas MBA programs after serving as the director of Career Management for Working Professionals since 2004. While Thurman and Burton will be moving into new roles in Executive Education, they will both still be part of the Working Professional MBA program team within Executive Education and will continue to be helpful across all programs. Congratulations to both!

Johnson Joins Supply Chain Management Center of Excellence
Lamar Johnson has been appointed senior associate director of the Supply Chain Management Center of Excellence. Last year, he joined McCombs as executive director of the Center for Customer Insight and Marketing Solutions (CCIMS) after a very successful 34-year career with Procter & Gamble. At CCIMS, Johnson has played a central role in developing and executing a strategic plan that includes partnerships with several major corporations, including Accenture, AT&T, Dell, Frito-Lay, General Electric and Wal-Mart. Johnson will continue to work with CCIMS providing the opportunity for a synergistic relationship with the Supply Chain Management Center of Excellence.

Srinivasan on Car-Buying Personalities: Nitpickers, Tightwads and Snobs
Raji SrinivasanWhen it comes to buying a car, are you a nitpicker, a tightwad or a snob? Marketing Associate Professor Raji Srinivasan, who researches how product design relates to the U.S. automotive industry, explained her Total Product Design theory to a group of McCombs undergraduates Sept. 18 as part of the Faculty Research Presentation Series.
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In the News: Konana Says India Needs to Face Reality Regarding Economic Success Stories
The Hindu, Sept. 22, 2007

Prabhudev KonanaIn an op-ed published by The Hindu newspaper in India, Prabhudev Konana, associate professor in the IROM Department, argues there is a disconnect between the brand India” story put forth by that country’s leaders and what is actually happening on the ground. “The continuous reinforcement of successes cloud many perceptions of reality and fall into the trap that researchers call persuasion bias,” Konana writes. “Without adjusting for repetition of the same information, this persuasion bias continues to perpetuate and exacerbate certain fallacies and inconsistencies. Often, the facts are not consistent with the braggadocios.
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John DoggettIn the News: Doggett Analyzes Dell’s Decision to Expand to Retail in China
KUT-Radio, Sept. 25, 2007

John Doggett, senior management lecturer, spoke to KUT Radio listeners about why Dell has decided to expand computer sales to about 50 retail stores in China. The announcement is another indication of the Round Rock-based company’s departure from the direct-sales model, which Dell pioneered in the 1990s. “If you think about China, there are a lot of cities that have two, three, four million people, where PC and broadband penetration are not very high,” Doggett said. “So people simply can’t get access to computers without going to a retail store.”
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In the News: Hyperion Looks to Sell Oil, Gas Rigs
Ehud RonnThe Argus Leader (South Dakota), Sept. 24, 2007

Hyperion Resources is considering selling off its oil and gas production business, a sign the Dallas company could be betting big on an oil refinery project its considering in South Dakota. Over the past 20 years, the refining side of the business has been only marginally profitable, but that changed in the post-2002 period as oil prices began their considerable upward move, said Ehud Ronn, McCombs finance professor.
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In the News: Brandl Critiques New State Business Tax
The Monitor (Texas), Sept. 23, 2007

Michael Brandl, senior finance lecturer, said accountants may be the greatest beneficiaries of a new state business tax. Brandl said businesses may have to rely on accountants’ expertise in order to avoid the tax, which could affect about 200,000 businesses. Brandl also noted that most of the tax won’t be shouldered by businesses, since they will most likely just pass the cost on to customers by raising the prices of their goods and services. “The working people end up paying these taxes anyway,” he said.
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In the News: McCombs Graduate Hopes to See Virtual Gains with New Game
Austin American-Statesman, Sept. 24, 2007

Andrew Allemann, BBA ’00, is tackling the world of gaming software with a new twist on fantasy football, social networking and venture capitalism called VirtualVentures.com. The game lets players act as venture capitalists who can virtually invest in real technology.
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