“The real source of wealth and capital in this new era is not material things... it is the human mind, the human spirit, the human imagination, and our faith in the future. ” -Steve Forbes  
May 2008

Steve Forbes addresses Spring Graduates and Earns Honorary Degree

Steve Forbes

Forget the reports of economic gloom. Thunderbird School of Global Management commencement speaker Steve Forbes told graduates May 2 that the world is in the midst of a “golden era” of innovation.

“In terms of our global economy today, the headlines are rather grim,” Forbes told 252 business graduates from 35 nations who gathered at the Renaissance Glendale Hotel and Spa near the Thunderbird campus. “We have reports of economic slowdown, food riots in various parts of the world and a credit crisis.”

But Forbes called these things “road bumps” in a period of tremendous growth and prosperity.
“As you stand back and look at the larger picture, we are in the midst of a golden era,” said Forbes, the chairman and CEO of Forbes, Inc. and editor of Forbes magazine.

Prior to the address, Thunderbird President Ángel Cabrera presented Forbes with an honorary doctor of international law degree. The award came 31 years after Forbes’ father, Malcolm Stevenson Forbes Sr., received a similar Thunderbird degree in 1977.

For the full story, click here.

Thunderbird International Business Review Limited Time Subscription Discount for Alumni

Thunderbird International Business ReviewThunderbird is offering a steeply discounted T-bird alumni subscription rate to the school’s flagship business journal, Thunderbird International Business Review (TIBR), for a limited time only. Alumni who subscribe for one year by June 30, 2008, will receive the prestigious HBR-style TIBR journal for only $100 (six issues), a discount of more than 60% off the individual rate of $275 (U.S.)/$311 (non-U.S.).

Uniquely branded with Thunderbird’s distinctive look and feel, the Review showcases the school’s Global Thought Leadership on key international business topics with contributions from Thunderbird faculty and alumni, as well as other global contributors.

Forthcoming topics include articles on managing ethics in multinationals, an interview with Tyco’s Eric Pillmore on corporate social responsibility, the latest in private equity in a special guest issue, internationalization in the India pharma industry, the “digimom” workforce in Japan, and dealing with corruption in the international business arena. Case studies are accompanied by Thunderbird alumni industry expertise and commentary.

To take advantage of this discounted subscription contact TIBR Managing Editor Suzy Howell at suzy.howell@thunderbird.edu or go directly to the subscription form by clicking here. For more information on the Review, please click here.

Thunderbird Alumni Network Saves the Day

Keith Galbut '01Keith Galbut '01, a T-bird alumnus, lawyer and international law instructor at Thunderbird, was closing up shop on an ordinary Friday afternoon when he received an unusual call for help from a fellow T-bird. Susan Evangeline Bagh ’08, was stuck in Nogales, Mexico, and did not know how long it would take before she would be allowed back into the United States. She was alone with barely any cash and little knowledge of Spanish.

Bagh, an EMBA 16 student from India, traveled to Mexico to get her H1-B visa stamped so she could go on a Thunderbird trip to China on March 7. But before her meeting began, consulate officials told her that her paperwork was filled out improperly and they would not see her. Then, she was informed that the consulate had no record of her visa renewal data she submitted to the Department of State in Washington, D.C.

“The representative from the consulate told me it could take one to three weeks for my form to be processed, and I should wait for a call or e-mail from the consulate,” says Bagh. “I was not prepared to stay in Mexico.”

Galbut could not do anything for Bagh until Monday because her call came late Friday afternoon when the consulate was closing. Meanwhile, classmate Raj Ahuja ’08 traveled to Nogales to provide Bagh with cash and moral support. Monday morning, Galbut contacted both the consulate in Mexico and the visa office directly, trying to figure out what happened. He found out the consulate in Mexico never received the paperwork Bagh sent to the visa office. Galbut says he started working up and down the chain of command to get Bagh’s visa expedited.

“My practice and my friends are an extension of Thunderbird and a big global family,” says Galbut. “All kinds of different circumstances arise every day, but Thunderbirds really gravitate to each other.”

On Tuesday morning, March 4, Galbut called Bagh to inform her that the paperwork went through. Thanks to the hard work of a fellow T-bird, Bagh arrived back in Phoenix later the same day and began her journey to China with her classmates just a few days later.

Faculty Webinars a Hit with Alumni!

On Thursday, April 24, Professor Emeritus Llewellyn Howell presented on the topic of Political Risk Assessment for the 21st Century. Thunderbird alumni enthusiastically tuned in to keep current on this timely topic.

Faculty webinars are offered to all T-bird alumni as a way to stay connected to the school and its faculty and to extend learning beyond graduation.

Next Scheduled Webinar:
Professors Bill Youngdahl and Bob Moran will address another timely issue on Thursday, May 29: Leading Global Projects. Authors of numerous books and articles on the subject and teachers of Thunderbird courses dealing with project management and leadership, Dr. Youngdahl and Dr. Moran offer truly unique insights – as well as a wealth of real-world expertise – in the rapidly growing field of project leadership that spans not just borders but continents and that engages vastly differing cultures. This presentation will take place at 1:00 p.m. EDT.

Instructions for participating in the May 29th broadcast will be emailed to all alumni during the week of May 18th.

To submit questions for our presenters in advance of the webinar, or if you require additional information, please e-mail Janet Chicvara at janet.chicvara@thunderbird.edu.

See Your Name in Print – Two Great Opportunities to Participate

T-birds are always on the move. But no matter where you are in the world (or in your career), we don't want to lose touch with you! Please let us know what’s new in your life by sending your news to alumni@thunderbird.edu. We’ll share your news through our Class Notes section on My Thunderbird and in Thunderbird Magazine.

Also, we trust you have received the fall edition of Thunderbird Magazine by now. Anything in there light a fire in you? Any articles or information that you would like to comment on? Did the magazine spark an idea for a story that you would like to contribute? If so, send a letter to the editor or an editorial submission to editor@thunderbird.edu – Deadline May 15, 2008.

Please let us know about your activities, ideas, reactions, and perspectives by taking advantage of these two great ways to participate!


Did you miss Homecoming Weekend ’08?

www.ThunderShop.comIt was a memorable T-bird weekend that included presentations by alumni, an amazing Middle East Regional Night, and of course the rugby game that had everyone talking. The ThunderShop stayed open extended hours for our alumni to take advantage of the numerous items on sale. Alums took home presents for Mom, Dad, and even the baby! If you missed it, don’t worry, there is still time.

Visit www.ThunderShop.com and browse through our great collection of hoodies, sweatshirts, polos, hats, mugs, alumni tees, rugby tees, and of course, the popular History Book. Show your alumni spirit and relive the days you spent at campus.

All proceeds from the ThunderShop go to Thunderbird for Good.

May 15, 2008: Deadline to submit letters to the editor –editor@thunderbird.edu
May 12-14, 2008: Leading Global Projects for Strategic Results – Glendale Campus
May 13-15, 2008: Managing Cross-Cultural Relationships for Business Results – Glendale Campus
May 20-22, 2008: Global Leadership Certificate Program (3-day version) – Glendale Campus
May 30, 2008: Deadline to submit congratulatory messages to retiring Dean of Admissions, Judy Johnson – www.ThankYouJudyJohnson.com
June 16, 2008: Project Artemis mentoring applications due to kellie.kreiser@thunderbird.edu

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