| "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

Thunderbird Inks Agreement
to Create Residential Development
Pub and Rugby Pitch Stay with School
Thunderbird School
of Global Management is very pleased to announce that the school
has entered into agreements with a Valley developer and a homebuilder
for the sale of 65 acres of vacant land adjacent to the Glendale
campus. The deals are the result of a sustained initiative of the
Board of Trustees Real Estate Committee, which is led by Thunderbird
alumnus and Trustee Francis Najafi ’77, who is also chief
executive of Pivotal Group, one of the region's leading real estate
investment and development companies.
Cachet
Homes has agreed to purchase approximately 50 acres to build 281
homes, and Trammell Crow Residential is securing about 15 acres
for a 270-unit apartment complex. Both communities will provide
Thunderbird students, faculty and staff with enhanced high-quality
residential options near campus. While the final sale price will
depend on the outcome of the zoning process, Thunderbird expects
the sale to provide a significant infusion of cash for the school.
As has been communicated previously, proceeds of the sale will be
used to upgrade our existing facilities, build up our endowment
and possibly retire a portion of our debt.
To allay concerns frequently expressed regarding the future of
the Pub and Rugby Pitch, the School has clearly stated that it has
no plans now or in the future to remove these revered elements of
campus life. For the full story including more detailed information
about the Pub and Rugby Pitch, click
here.
For the official press release, click
here
New Webcast
Exclusively for Thunderbird Alumni
Ever wondered why T-Birds have made such a mark in the global business
community?
Ever pondered the unique traits that set you apart from the crowd?
Join your fellow T-Birds on August 22, 2007, for an extraordinary
webcast presentation by Thunderbird professor Mansour Javidan, “Do
You Have a Global Mindset?” Professor Javidan will provide
an update on Thunderbird’s groundbreaking Global Mindset Project
– an effort undertaken over the past two years focused on
improving our understanding of how to work effectively with people
of different backgrounds and from different cultures around the
world. Involving a team of eight Thunderbird faculty members interviewing
more than 200 T-Bird alumni and 20 senior global executives in the
United States, Europe, and Asia, the Project marks a leap forward
in the global business community's ability to understand what makes
a successful global leader (and what makes so many T-Birds uniquely
qualified).
Through
the instrument resulting from this research – the Global Mindset
Inventory – businesses will soon be able to assess the likelihood
of success of potential global executives.
The presentation will begin at 1:00 p.m. EST on August 22, 2007,
and will last approximately 30 minutes, including time for Q&A.
To register for the webcast or for more information, please contact
the Alumni Relations Office (alumni@thunderbird.edu
or 602-978-7358/800-457-6957) for more information.
This webcast is the first in a yearlong series planned by the
Alumni Relations Office, covering a range of topics from Global
Strategy, to Leadership, to Doing Business in China, and more. Look
for details on future webcasts in upcoming issues of this newsletter.

Thunderbird Global Reunion 2007: Mexico City
Every two years, at varying locations around the
globe, T-Birds gather with their friends and classmates to celebrate
their past, present and future. This year, the Thunderbird Global
Reunion will take place from October 10-12, 2007, at the beautiful
Hotel Camino Real in Mexico City. SOCIAL ENTREPRENEURSHIP: THE BUSINESS
OF ERADICATING POVERTY is the theme of this year’s Reunion.
And while it offers an array of thought-provoking presentations
on this important and timely topic, it also promises a profusion
of fun in typical T-Bird style.
The
event opens on Wednesday, October 10, with a cocktail reception
and dinner at the world famous Le Cirque restaurant with David Roberts
’73, Chairman of the Thunderbird Board of Trustees, as the
featured speaker. Le Cirque’s wine cellar holds over 600 of
the world’s greatest wines and its splendid menu offers an
array of the very best of French and Italian cuisine. It is, without
any doubt, the most exclusive restaurant in Mexico City.
President Ángel Cabrera will speak to attendees the next
day on the state of the school, followed by feature presentations
on Corporate Social Responsibility by leaders in both the commercial
and academic arenas. Thursday night brings an unforgettable Thunderbird
party! Come and join us in a traditional Mexican Fiesta: guacamole,
tacos, tequila, quesadillas, tequila, mariachis and lots of fun.
(Did we mention tequila?) Don’t miss it – great surprises
are in store!
The Reunion concludes on Friday, October 12. But with the weekend
ahead, attendees will have a multitude of recreational choices available
to them! For more information and to register, please click
here or email info@tgrmexico.info.
Alumni Chapter Happenings
Dr. Cabrera to Celebrate in Prague with Executive MBA Europe
– Class IV
Thunderbird President Ángel Cabrera will travel to Prague
to welcome our newest alumni. Members of EMBA Europe Class IV will
join the Thunderbird Alumni Network on August 4, 2007, at a 2:00
p.m. graduation ceremony. The Prague Alumni Chapter will celebrate
with the new alums at a reception following the graduation. Welcome
to the Network, Prague EMBA IV!
Sailing on the Coasts with the New York City and Washington
State Chapters
If you are not a member of the New York City or Washington State
Chapters, you may not have heard about these exciting events:
NEW
YORK: Join T-Birds and friends for 2 1/2 hours of sailing New York
harbor and bay aboard the classic yacht VENTURA, which has been
featured in films and on TV. Sit back, chill out, or get involved.
On this vessel you can become part of the action and help sail.
The event will take place Sunday August 12, 2007, from 11:15 a.m.
- 2:00 p.m. The price is $50.00 per person and includes complimentary
beer, water, and soft drinks. Feel free to bring some food or wine
(hard alcohol prohibited). You can find more information on the
NY
Chapter page or contact NY Chapter Social Chair Ichun Lai ’89
at ichunlai.biz@gmail.com
with questions.
WASHINGTON STATE: Join the chapter for a guaranteed fun time aboard
the Mallory Todd, a 65 foot wooden schooner that will take T-Birds
and friends around Lake Union and Lake Washington for a 4 hour tour.
Sailing will take place on Saturday, August 25th from 4:00 p.m.
to 8:30 p.m. The cost is $45 per person. More information is posted
on the Washington
State Chapter page.
EVERYONE: If you are a T-Bird visiting NYC or Seattle or a resident
who has not been involved with your local chapter, please take advantage
of this opportunity to connect with your fellow T-Birds.

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 Spring/Summer 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.
Letters to the Editor must be submitted by August 30, 2007, for
inclusion in the Fall 2007 issue of Thunderbird Magazine.
Editorial submissions or story ideas must be received no later than
August 20, 2007.
Please let us know about your activities, ideas, reactions, and
perspectives by taking advantage of these two great ways to participate!
From the Knowledge Center of the
Thunderbird Learning Consulting Network: "Six Degrees of Separation,"
Camp David, and Tom Sawyer
What do the famous play, "Six Degrees of Separation,"
the US president's famous retreat at Camp David, Maryland, and the
quintessential American fictional character Tom Sawyer have in common?
Lessons for finding and leveraging key human sources of intelligence,
that's what.
How’s that? Okay, you’ve been handed a challenging
business and competitive intelligence project; one which could have
significant impact on your business unit’s bottom line over
the next two years. You’re pumped…after all, you’re
a key member of the new product launch team and you’ve been
arguing for weeks that the team needs to know more about the competitors’
potential responses in order to fine tune the launch strategy. So,
you got your way. Now what? Click
here to find out how to identify key sources, making sure you
think of all of them, and getting them to work for you.

Looking for a New
Way to Support Your Fellow Thunderbirds?
The Thunderbird Career Management Center is pleased to announce
a new student development program: ALUMNI MOCK INTERVIEWS. As successful
business executives and hiring managers, your input and advice to
current students regarding their interview skills is invaluable.
We invite you to offer 30 minutes of your time this fall, either
in person or over the phone, to mock interview a student who may
need a little practice before the big, dream-job interview. This
is a unique opportunity for a Thunderbird student that has an immediate
and significant impact on his or her success. And it’s a chance
for you to contribute to that success in a truly meaningful way.
If you're interested in learning more or you would like to volunteer
for a mock interview, please contact Beth Rehman in the Career Management
Center at beth.rehman@thunderbird.edu
or 602-978-7814.
Become a Sustainable Innovation Leader!
The
Thunderbird Sustainable Innovation Summit focuses on the importance
of economic, social, and environmental benefits derived through
business innovation. Be a part of this fall's Summit as a Challenge
Sponsor, Speaker, or Judge. We are looking for talented Thunderbird
Alumni to help lead the way for the future of global sustainable
innovation!
Visit www.sustainableinnovation.thunderbird.edu
for more info.

August 22, 2007, 1:00 p.m. EST: Do
You Have a Global Mindset? Webcast for Thunderbird Alumni
by professor Mansour Javidan
August 21-24, 2007: On
the Course of Leadership - Singapore
October 10-12, 2007: Thunderbird
Global Reunion - Mexico City
November 8-10, 2007: Thunderbird Sustainable Innovation Summit -
Glendale
February 25-28, 2008: Global
Family Enterprise Program - Phoenix
February 29 - March 2, 2008: Thunderbird
Homecoming - Glendale
March 1, 2008: Annual Thunderbird Alumni-Student Rugby Match - Glendale
April 3-4, 2008: Global
Private Equity Investing Conference - Glendale
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