Friday, February 25, 2011

The State Department's Role in U.S. Foreign Economic Policy: A Conversation with Under Secretary Robert Hormats



Friday February 25, 2011, 3:00 pm
Entrepreneurs hall, Room C-315

Under Secretary Robert D. Hormats will speak on U.S. foreign economic policy, discussing issues from trade and agriculture, to bilateral relations with America's economic partners. With the growing role of emerging markets like China, India, Brazil and other smaller nations, the U.S. has enormous export and investment opportunities, along with prospects for major new partnerships.

Wednesday, February 23, 2011

MBA Students' Journey to Addis Ababa, Ethiopia (Black Lion and Fistula Hospital)



The following is written by Ben Mirtes and Lianna Kong MBA 2011 for their Applied Management Research Project:

In researching leading practices in surgical capacity building in sub-Saharan Africa, we identified Ethiopia as one of the countries that has had success in several programs it has implemented and continues to build upon its efforts through aggressive healthcare capacity building initiatives. On our second day in Ethiopia, we visited the Black Lion Hospital or Tikur Anbesa (in Amharic, Ethiopia’s national language). Black Lion is the largest public hospital in Ethiopia serving the residents of the nation’s capital, Addis Ababa, and anyone who can access the hospital from surrounding areas. Unfortunately, the hospital does not have the capacity to meet the demand for its services. Hundreds of people patiently wait in an outdoor courtyard, which serves as a waiting room before seeing a doctor.
Black Lion one of the largest teaching hospitals in the country affiliated with Addis Ababa University. In addition to its medical school, Black Lion has a very robust training program for surgical residents. The surgical department strives to increase their capacity in not just the number of cases they see, but also increase the number of faculty and expand their training programs to include more sub-specialties.
We were very fortunate to have the opportunity to conduct interviews with members of the administration and teaching faculty – this including the Dean of the Hospital, the Director of Surgery, and 2 senior surgeons. One of their many recommendations for improving surgical capacity included partnering with teaching hospitals affiliated with universities in India. The benefits of such collaborations are that the pathology is similar to Africa’s making the training very relevant to the needs of Ethiopia and residents/faculty can do hands-on learning, which they are unable to do here in the U.S. due to insurance reasons. Training in India also allows surgeons to both climb the learning curve faster – as they attend to more cases in India due to the high volume and efficiency in the number of cases that are seen in a day – and learn new surgical techniques because they see a large variety of cases. Additionally, given that surgical training requires a significant amount of capital, they need funding for new equipment and as well as training to use this equipment. While the hospital itself could use additional structure and process design, the human capital they have is very impressive.

Friday, February 18, 2011

MBA Student's Journey To Mexico With The World Child Project

The following is written by Hannah Ko MBA 2011 for her Applied Management Research Project:

"Our trip to Tijuana started in style: at 7 AM on a Greyhound bus in Compton. We met our client, Johnny Duda, and other members from his organization, the World Child Project (WCP). Their organization seeks to aggregate volunteers from all walks of life to put an end to child poverty through health, education and direct care services. Our AMR team was brought to WCP to focus on how to improve their operations in Mexico. Joining us on the trip were friends of the staff, professional documentarians, and volunteers from a local software company. During the ride, we met our fellow travellers, enjoyed some amazing breakfast burritos and learned more about the orphanages we would be visiting.

During the first day, we stopped at two orphanages, Casa Hogar and Estado 29. Given the stigma of orphanages we were accustomed to, we prepared for the worst. But what we saw was very different from what we expected: shouts of laughter, cozy living areas and kids eager to give you a hug. One of the common trends we heard across both orphanage directors was the need for a more sustainable approach to giving. It is a huge help to receive money and clothes every once in a while, but that type of lending creates a dependency. Building a business model for these orphanages that is self-sustaining gives these kids a much brighter future. Later that night, we discussed possibilities for what this model might look like as we ate at a delicious authentic Mexican restaurant overlooking the Pacific.

We awoke to the sound of the ocean and met at the buffet downstairs. Ebenezer-AC was our last visit before heading home. What was different about this orphanage was the kids they took in. They were each victims of unspeakable exploitation; some abandoned, some sexually abused, some sold for drug money. What struck us was just how well-adjusted these kids were, despite their terrible past. Their shinning demeanors were a testament to the work of Freddy and Eva, the orphanage’s co-founders. They gave up a happy life in Southern California because “God spoke to us and told us to go to Mexico”. They treated each child as if they were their own, and in doing so, created a family. However, the very thing that brought them Mexico was also their biggest pitfall. When we asked about their budgeting process, Eva simply responded “God will provide for us”. So yet another question we’re forced to ponder: how do you help those that don’t understand that they need your help?"

Wednesday, February 16, 2011

Part VII: MBA Student's Research Financial Access At Birth


The following is written by Brent Peterson MBA 2011 for his Applied Management Research Project:

December 24, 2010

Christmas Eve 2010 in Mumbai, India. We finished three interviews today. We spoke with two people at ICICI bank. I am really glad that we stayed and talked to them. It was in a pretty nice part of Mumbai. Just business parks, almost like Irvine, California. We only had the two bank meetings but then we also met Praveen for lunch at the Cricket club, which was pretty fancy. We got some great audio recorded. In the afternoon we went downtown to meet with State Bank of India. We were a half hour late because we stayed and talked to Praveen for too long, but SBI seemed to not mind. SBI was in a great part of downtown, but I was surprised by their operation. It was quite different than ICICI. As it was Christmas Eve we were looking for something to do. Avi was sick so we didn’t go to his white Christmas party he was planning. We were in the catholic portion of the city so I considered finding a Catholic Mass to attend. The night before we went to Olive, a chic club in Mumbai, and stayed there way too late. I think we got home at 3:00 am. I’m not going to lie, it was much more fun than I expected. Lena is taking off tonight to go to the airport and I leave tomorrow night. Our journey is coming to an end.