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Houston research addresses persistent wage gap, potential solutions

Faculty Research
General Management
In the Media
Strategy and Environment
In The Media

What keeps us from bridging the wage gap? In a peer-reviewed commentary regarding research that examines workplace victim-blaming, Rice Business professor Mikki Hebl and former Rice Ph.D. students interrogate the role victim-blaming plays in perpetuating the gender wage gap. 

women having a meeting
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Faculty Media Mention

Rice Business’ diversity, equity and inclusion conference Oct. 27 brings together industry experts

Ethics
General Management
Other
School Updates
School Updates

The annual diversity, equity and inclusion (DEI) conference from Rice Business is slated for Oct. 27 and will provide a forum for awareness, dialogue and skill-building, according to event organizers.

Rice campus
Rice campus
Avery Ruxer Franklin

The annual diversity, equity and inclusion (DEI) conference from Rice University’s Jones Graduate School of Business is slated for Oct. 27 and will provide a forum for awareness, dialogue and skill-building, according to event organizers.

Rice Business aims to create rich learning environments in its classrooms and conferences. Mindsets that consider and appreciate a multitude of perspectives lead to enhanced decision-making — a critical leadership skill in today’s global and multicultural workplace, according to Rice Business Dean Peter Rodriguez.

What: Sparking Success: The Intersection of Business and Diversity, Equity and Inclusion.

When: Friday, Oct. 27, 9:30 a.m.-4 p.m.

Where: Rice University’s McNair Hall. The event is free, but registration is required.

Who: Speakers and panelists include Constance Porter, senior associate dean of DEI and associate clinical professor of marketing at Rice Business; Antonio Neri, president and CEO at Hewlett Packard Enterprise; Peter Rodriguez, dean of Rice Business; LaMecia Butler, program manager at Meta; Jonathan Cary, director of talent acquisition at ServiceNow; Jessica Campbell, director of corporate and employer relations at Rice Business; Aruna Viswanathan, co-founder and chief operating officer at AlphaX; Michael Sklar, tech entrepreneur and lecturer at Rice Business; Megan Smith, senior consultant at EY-Parthenon; Ijeoma Nwaogu, CEO at Everlead; Alan Russell, executive director of the Disability Resource Center at Rice; Sonya Ware, CEO and strategist at Sonya Ware Executive Consulting; Sandra Wegmann, president of Wegmann and Associates; Regina Edwards, DEI specialist at Rice Business; Shelley Richard, associate director of career education and advising at Rice Business; Victoria Cowthran, sales and service HR business partner at Danaher’s Molecular Devices; Stanley Kazibwe, DEI manager at Cheniere Energy; and Chelsea Rose, senior strategy consultant at Accenture.

 

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In The Media

"Rice was the only school I seriously considered. As a Houstonian, I wanted to root myself locally while still learning from one of the best programs in the country. Rice’s reputation, combined with its values and community, made it the clear choice."

School Updates

On April 14, Rice made history by hosting its inaugural Rice Day at the Capitol. More than 50 students, faculty and staff traveled to Austin for a full day of advocacy, education and celebration. The event served as a showcase of the university’s statewide impact in areas ranging from innovation to the arts and sciences.

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U.S. institutions under fire for their support — or silence — on Israel

Faculty Research
In the Media
In The Media

Experts in corporate communications offer mixed advice. Some say the smartest move is to say nothing. Vikas Mittal, a professor of management and marketing at Rice Business, cautions against statements that appear to take a side or justify actions as “right or wrong.”

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Meet McKinsey’s MBA Class Of 2022

Career
Student & Alumni Mentions
In The Media

Jada Ferreira '22 worked full-time while earning her MBA at Rice Business. “I was analyzing clients’ carbon footprints during the day and learning how to build valuation models in Excel during the evenings. It was difficult, but incredibly rewarding, and I was able to finish the program with a 3.8 GPA.”

Poets&Quants McKinsey’s MBA Class Of 2022
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Top University Entrepreneurship Centers Announced at GCEC Conference

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The conference, which saw its largest attendance in history this year, is the flagship event of the GCEC, which facilitates collaboration of global entrepreneurship center leaders with the goal of advancing, strengthening and celebrating the role universities fulfill in educating future entrepreneurs. 

Global Consortium of Entrepreneurship Centers (GCEC) Dallas 2023
McNair Hall
Avery Ruxer Franklin

The Global Consortium of Entrepreneurship Centers (GCEC), headquartered at the Rice Alliance for Technology and Entrepreneurship in Rice University’s Jones Graduate School of Business, brought leading university entrepreneurship programs together to celebrate creativity and innovation in university-based entrepreneurship education for its annual conference Oct. 5-7 and announced the top programs in higher education.

The conference, which saw its largest attendance in history this year, is the flagship event of the GCEC, which facilitates collaboration of global entrepreneurship center leaders with the goal of advancing, strengthening and celebrating the role universities fulfill in educating future entrepreneurs. The Institute for Innovation and Entrepreneurship at the University of Texas at Dallas hosted more than 700 leaders from universities across the world for more than 140 breakout sessions.

At the close of the conference, 12 universities were awarded top honors in nine categories and several others were commended. The 2023 GCEC awardees:

Outstanding Emerging Entrepreneurship Center:

  • Schools with less than 5,000 students: eHive at Waynesburg University
  • Schools with more than 5,000 students: Kendra Scott Women’s Entrepreneurial Leadership Institute at the University of Texas at Austin

Outstanding Contributions to Venture Creation

  • Harvard Innovation Labs at Harvard University

Exceptional Activities in Entrepreneurship Across Disciplines

  • Blackstone LaunchPad at the University of Buffalo
  • Highly Commended: Pappajohn Center for Entrepreneurship at Iowa State University

Excellence in Specialty Entrepreneurship Education

  • Deming Center for Entrepreneurship at the University of Colorado, Boulder

Excellence in Entrepreneurship Teaching and Pedagogical Innovation

  • Lassonde Entrepreneur Institute at the David Eccles School of Business at the University of Utah

Outstanding Student Engagement and Leadership:

  • Schools with less than 5,000 students: Center for Entrepreneurship and Community Development at Loyola University New Orleans
  • Schools with greater than 5,000 students: Center for Entrepreneurship Education at Northeastern University

Exceptional Contributions in Entrepreneurship Research

  • Stockholm School of Entrepreneurship
  • Highly Commended: Institute of Entrepreneurship and Private Capital at London Business School

Nasdaq Center of Entrepreneurial Excellence:

  • Schools with less than 5,000 students: Kirzner Entrepreneurship Center at Francisco Marroquin University; Highly Commended: Steven Dorfman Center for Innovation and Entrepreneurship at California Lutheran University
  • Schools with greater than 5,000 students: Coleman Entrepreneurship Center at DePaul University

GCEC Center for Entrepreneurial Leadership

  • Institute for Innovation and Entrepreneurship at the University of Texas at Dallas

One legacy award honors an individual for their pioneering work advancing entrepreneurship in universities and/or directing a university entrepreneurship center that created a legacy impact on the field. The candidates for this award demonstrate a long-term commitment to entrepreneurship in an academic setting, achieve a standard of excellence and make a substantial impact upon students, faculty, staff, startups and/or their region. This year’s winner:

  • Rebecca White, James W. Walter Distinguished Chair of Entrepreneurship and director of the John P. Lowth Entrepreneurship Center at the University of Tampa

Under the new leadership of executive director Holly DeArmond, who is charged with accelerating the growth and longevity of the institution, GCEC is rolling out more offerings for members. The vision is to facilitate the development of a highly qualified network and seamless global collaboration with continuous learning of best practices over the course of the year, not just condensed into one annual conference.

“We aspire to create an environment that nurtures growth, fosters innovation and drives positive change in the field of entrepreneurship education,” DeArmond said. “Together, we will shape a brighter future where the impact of entrepreneurship in education reaches new heights, empowering individuals and communities worldwide.”

One of these new initiatives announced at the conference is the addition of a global summit, which furthers GCEC’s commitment to make an impact internationally. In June 2024, the Sasin School of Management will host GCEC’s inaugural global summit in Bangkok. GCEC will continue to hold its annual conference, which will be hosted by Babson College in November 2024.

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"Rice was the only school I seriously considered. As a Houstonian, I wanted to root myself locally while still learning from one of the best programs in the country. Rice’s reputation, combined with its values and community, made it the clear choice."

School Updates

On April 14, Rice made history by hosting its inaugural Rice Day at the Capitol. More than 50 students, faculty and staff traveled to Austin for a full day of advocacy, education and celebration. The event served as a showcase of the university’s statewide impact in areas ranging from innovation to the arts and sciences.

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The Sky Is Not the Limit feat. Rawand Rasheed

Flight Path
Flight Path
Technology
Entrepreneurship

Season 4, Episode 1

Rawand sits down with host Maya Pomroy ’22 to talk about his experience transitioning from engineer to entrepreneur, his company, Helix Earth Technologies, and how the Liu Idea Lab for Innovation and Entrepreneurship and the Napier Rice Launch Challenge ignited a new fire within him.

Rawand Rasheed

Owl Have You Know

Season 4, Episode 1

Rawand sits down with host Maya Pomroy ’22 to talk about his experience transitioning from engineer to entrepreneur, his company, Helix Earth Technologies, and how the Liu Idea Lab for Innovation and Entrepreneurship and the Napier Rice Launch Challenge ignited a new fire within him.

Subscribe to Owl Have You Know on Apple PodcastsSpotify, Youtube or wherever you find your favorite podcasts.

Episode Transcript

  • [00:00] Intro: Welcome to Owl Have You Know, a podcast from Rice Business. This episode is part of our Flight Path Series, where guests share their career journeys and stories of the Rice connections that got them where they are.

    [00:15] Maya: On today's Owl Have You Know podcast, we connect with PhD candidate, Rawand Rasheed. The mechanical engineer shares his journey of being a life support systems engineer at NASA and translating that knowledge and creating a clean tech innovation that could change the quality of life for us here on Earth. We talk about his experience of transitioning from engineer to entrepreneur, and how Rice Business, the Liu Idea Lab, and the Napier Rice Launch Challenge ignited a new fire within him.

    Rawand, thank you so much for joining us today.

    [00:47] Rawand: Happy to be here. Very excited.

    [00:50] Maya: So, you have really taken advantage of all the phenomenal offerings at Rice. You're getting your PhD in engineering, and also, really using your engineering prowess to launch into entrepreneurship, which you have, with being the CEO of Helix Earth Technology. So, gosh, like, you're a busy guy.

    [01:12] Rawand: Yeah, pretty busy.

    [01:13] Maya: First things first, let's talk about engineering, to start with. So, engineering is really your life's passion. How did you get curious about engineering? Was that something that started for you in childhood?

    [01:24] Rawand: I originally started by not wanting to do it. So, my dad was a civil engineer from Northern Iraq. My story really begins with him, actually. You know, he was the first person in his family to ever go to high school and then eventually go to college. And so, he ended up getting a civil engineering degree, which allowed him to serve the U.S. government actually in Iraq for a number of years, which got him passage to come to the U.S. And because we were Kurdish, and this was, like, in the early '90s, there was a genocide going on against Kurds in the country at the time, he decided to just leave everything back home and bring our family to the U.S., which was a difficult decision for him.

    [01:58] Maya: How old were you?

    [02:00] Rawand: We moved here in '96, so I was about a year old. We moved to the northwest to Portland, Oregon. And I was basically raised there. And, you know, my dad went back to school to get a civil engineering degree because his degree from back home...

    [02:12] Maya: Didn't translate, yeah.

    [02:15] Rawand: Yeah. And so, he went back to school again. And so, I saw him doing that growing up. And because of him, you know, I really got interested in, in science and math and engineering and physics and all these things at, at a young age. But I was adamant in high school. I was like, "I'm not going to go do engineering because I don't want to go sit at a desk and, you know, do calculations or do designs all day." So, I was, I was adamant that I didn't want to do it. And then, I got into university and I was like, "Okay, I'm going to go to medical school, I'm going to go do that." But then, in my first semester, I took physics, which I hadn't taken in, in high school because I did all the advanced biology and chemistry and all these things.

    [02:46] Maya: Ah, for pre-med. Yeah, yeah, yeah, you had a plan.

    [02:50] Rawand: Yeah, but, you know, I did, I did the calculus and, and the math and, and all that in high school. And, I really was really interested in that. And I did physics, and then I was like, "Wow, like, if I, if I do medicine, I'm not going to get this. I'm going to miss out on the math. I'm going to miss out on the physics. And I really love this.” And so, within the first month I switched to engineering and I basically never looked back.

    [03:10] Maya: So, it's in your blood, right? It's in your genes, or not?

    [03:13] Rawand: I guess. Yeah, I guess so. I don't know. Maybe, I, I guess so. There are some people who are attracted to certain areas and certain subjects. And I think that, yeah, that's very much... that was very much the case with me and, and, you know, math and physics and, and these kinds of things. And so, I knew that engineering had more of that, and so I decided to just pursue that and, and get more of it.

    [03:33] Maya: Where did you go for undergrad?

    [03:34] Rawand: It was in the Northwest. So, it was at a university called Portland State University in Portland, Oregon. So, that's where I went to my undergrad. And while I was there, actually, I met a professor who did a lot of research for NASA and for space technologies. And specifically, he was, he was looking at how do fluids and liquids behave in zero gravity, because it's dramatically different. And then, how does that affect, not only life in space, but also developing engineering systems for space. So, I got really hooked on research through him. And then, I applied for a NASA fellowship with him, the Space Technology Research Fellowship. I became, I think, the first person in Oregon to ever get that. And that basically funded my master's degree. And, and I, sort of, got into graduate education and research in that way.

    [04:16] Maya: So, after you graduated with your undergrad, then you moved to Houston to work for NASA?

    [04:22] Rawand: Yeah. So, after I got my undergrad, I stayed there in Oregon for my master's degree, but then I was splitting my time between Portland and Houston, my fellowship that I was based in Houston for. And then I, and then eventually that led to a job at the Johnson Space Center here. And so, yeah, I was splitting my time. And then, eventually, after I finished my master's degree, then I moved to Houston full-time.

    [04:41] Maya: And you spent five years as a life support systems engineer at NASA. Tell me about that. What kind of an experience was that?

    [04:48] Rawand: It was a lot of fun. So, for the first two of those years, I was part of the Space Technology Research Fellowship, and that's me splitting my time. And then, for the other three years, it was more, sort of, a traditional engineering role. And it was, it was a lot of fun. I mean, you get to see a lot of cool things that not everybody gets to see. And it's just a really unique experience. There's a bunch of smart people there, a lot of people with PhDs, a lot of people that are experts in this one thing, where that's probably the only person in the world who is, like, who's got that expertise, because it's so niched and it's so unique.

    It is just a super engaging environment, super unique. And the problems that you have are, like, you don't see them anywhere else. It's, like, you have so many constraints on the systems that you can build and so many things that they need to do that you really invent a lot of new cool and exciting technologies, which is actually how my company got started, was through addressing one of the challenges that we had in space. And then, the things you build have implications for the astronauts and how they interface with your systems, and then how that affects their quality of life in space. So, it's just a totally, like, unique and engaging environment that I don't think you're going to find in many, many places.

    [05:53] Maya: For sure. I mean, NASA is NASA. There's no other NASA.

    [05:58] Rawand: Right.

    [05:59] Maya: So, life support systems engineer, I want you to explain what specifically that entails.

    [06:06] Rawand: So, in that branch, you know, what we developed were technologies that basically kept people alive in space. But, you know, in space there's a lot of things that you have to do. So, you're, you're in an enclosed environment. You have to generate your own oxygen. You have to purify the air. Because humans, we exhale CO2, so you have to purify the air of the CO2. You have trace amounts of ammonia that come off your skin. And eventually, if you don't, if you don't filter that out of the air, it'll get to a point where it can be lethal. So, you have to deal with purifying the air of the ammonia. And then, there's a whole bunch of other things that you have to have to deal with on the air purification side. And then, you also have to recycle the things that, you know, we take for granted. So, for example, water. We just open up our tap. We drink. And, you know, we're good to go.

    [06:48] Maya: No water in space.

    [06:50] Rawand: There's no water in space. And it's very expensive to ship it up there. It's super, super expensive to ship water up.

    [06:53] Maya: Yeah, heavy.

    [06:45] Rawand: It's heavy. And you, you can't really compress it. So, so you can't, like, compress it like air, you know, in tanks. You can't just like...

    [07:00] Maya: You can't dehydrate water. You can dehydrate food.

    [07:02] Rawand: And you can't dehydrate water exactly like food. So, they actually recycle urine in space. I think about 90%, they get about 90% of the water and urine back out and recycle it and turn it into distilled water. So, the, the, the common joke that I've heard is that today's coffee was yesterday's coffee. So...

    [07:21] Maya: I'm not going to drink coffee for the rest of the day now. You just ruined coffee break.

    [07:24] Rawand: Yeah, exactly. So, actually, my... what I got my start in was developing new methods for distilling urine in space. So, I developed this new method. I actually got it patented, where you could distill urine in space without ever touching surfaces. Urine is pretty... it's got a lot of stuff in there. So, it's very prone to fouling surfaces and corroding surfaces and materials. And so, I've made this method where you can actually distill the urine without ever touching surfaces and to prevent that fouling.

    And so that's how I got my start. And then, you know, eventually worked on other technologies that astronauts need. So, for example, respirator filters astronauts in the cases of, if there's a fire, you know, you need to actually protect the astronauts from harmful toxins. Almost anything that you could think of that requires life, you know, air, water, protection against harmful elements, that we interface with all of those things.

    [08:11] Maya: Wow, that's fascinating. So, you did that for five years, and then you decided to go and get your PhD. Why did you choose Rice? Was it because of proximity to NASA?

    [08:22] Rawand: Yeah. So, actually, I immediately... after I finished my master's degree, I jumped into my PhD program at Rice. So, I, I, sort of, did them concurrently. And yeah, a lot of it was because of proximity. And, and also, because it's, it is just a wonderful school. So, I had a friend who was doing her PhD at Rice. And so, I got to spend some time on the campus and spent some time with the students, both the undergraduate students and then the graduate students. And I saw just a lot of the amazing research that was happening and a lot of the awesome professors that were at Rice in a bunch of different departments, and, and was really drawn into the whole ecosystem and the environment. And then, especially because it was more of a small school and so everybody seemed really close-knit, that was not something that I was used to, coming from a state school where there were, like, 30,000 students. And coming to Rice, it's like 8,000. You really feel the difference in, in, sort of, the culture and the environment. And so, I was, I was drawn in by, by, sort of, two things, which is, you know, the culture, but then also the, the amazing stuff that was happening, both on the research side and, and also on the programmatic side for research.

    [09:22] Maya: So, what was the spark that inspired you to launch your own venture? And I used "launch" on purpose.

    [09:29] Rawand: Yeah. I've always been interested in entrepreneurship. So, I've always had that, sort of, vision to go and spin out and do my own thing, but it never became real until, you know, maybe a year and a half ago. It's really, a lot of it is because of Rice. This story starts a little bit earlier. It starts when I was at NASA. So, right now, on the space station, they don't really put out fires. If a fire comes up, they evacuate the module where the fire is at. They close it. And they let the fire basically put itself out.

    [09:54] Maya: Does that happen often?

    [09:56] Rawand: Not too often.

    [09:57] Maya: But it happens?

    [09:58] Rawand: But it happens and you have to, you have to, sort of, account for it. And so, it has. And it has happened in, in a bunch of other different settings as well. And so, Orion is this space capsule that's going to go to Mars. Some of the teams there that were doing fire safety decided that, you know, if there's a fire on Orion, we have to put it out and we have to do that because there's no safe return, unlike on Space Station. If something goes wrong on the Space Station, you can easily come back to Earth, no problem. But for Orion, if you're going to Mars, there's really not many options for return and evacuation. So, you have to... if a fire comes up, you have to put it out. And so, they decided, the safety team, that we're going to put it out with a tiny spray of water droplets. And then, after the fire is put out, we're going to need to clean up the cabin because if a fire erupts, it produces a bunch of harmful things, like carbon monoxide, vault organics, acid, gasses, all these things. And so, they made this big filter. They had a whole bunch of different layers, where once the fire is put out, they would turn this thing on, which would just purify the whole cabin air. And that's, that was the goal.

    The one problem, though, is that, in zero gravity, when you use these droplets to put out the fire, these water droplets, they go all over the place and there's no gravity that would have them settle. And so, in the airstream, you also have this water that's in there. And a bunch of these layers are very sensitive to moisture and water. And so, so they put, like, some classical filters in front of the huge filter array. And then, it just, like, clogged immediately.

    [11:24] Maya: Oh, dear.

    [11:25] Rawand: So, we had to figure out how to solve that problem. So, we need to, we need to take out the droplets from the air, but the filter never can clog, and it has to actually hold, like, a liter of water, because there's that much water in the air. And then, it can only be this, kind of, a dimension. We had a lot of dimensional constraints and then some material constraints as well. It was another one of those problems where it's like, you know, can't be too heavy, it has to do all of these three things. And, and, you know, we just found out that there were no technologies on the market to solve that problem. So, we came up with a new, basically, a new filter to solve that problem. And we patented it. And then, I took it to be part of my PhD dissertation.

    And so, I wanted to see how we could use this to solve other problems, not only in space, but on Earth. And so, eventually, I got a fellowship from the DOE to pursue that research. And I found out there's a whole bunch of different problems that we could solve on Earth. And one of them being that we could help solve air conditioning energy use problems. So, in human environments, especially in a place like Houston, 70% of the energy used in the air conditioning cycle is devoted to just pulling the humidity out of the air, not really to cooling the temperature. And so, we found out that we could actually solve this problem with our filters and reduce the energy cost by more than 50%.

    [12:35] Maya: Wow.

    [12:35] Rawand: And so, so, I started pursuing this research, and then eventually was able to get involved with the innovation fellowship program at, at Lilie, Liu Idea Lab for Entrepreneurship. Yeah. I went there. And I took part in this innovation fellowship. And that program is designed to help PhD students and postdocs commercialize their research. And so, as part of being in that program, I started slowly developing the business case for the research that I was doing. And then, I actually met my co-founder through the innovation fellowship. He's a Rice alum, a successful entrepreneur as well. I took place in the Napier Rice Launch Challenge for the company and-

    [13:06] Maya: Which you won, uh-huh.

    [13:08] Rawand: ... won first place, won first place last year.

    [13:10] Maya: You've won, like, first place in every single competition that exists, it seems like.

    [13:15] Rawand: In a few of them. Yeah, in a few of them. But, you know, all these things were coming together. This... all this momentum was happening, you know, on the business side of the house. And then, on the research it was really, really compelling. And so, we decided that we'll launch the company together. My co-founder and I, we launched in September of last year. One thing led to another, which led to another, which led to another. And then, the case for the actual business was just too compelling to turn up.

    [13:39] Maya: Kind of like kismet, right? Meant to be.

    [13:41] Rawand: Yeah, exactly.

    [13:42] Maya: So, launching a startup requires a lot of trust in your partners. And you mentioned that you met your co-founder at Lilie, which is also one of the huge benefits of the opportunity to be at Rice and everything that Rice offers, one of the best things is, is really each other. So how, how do you know that you’ve found the right people?

    [14:06] Rawand: With your co-founder, it's, sort of, like finding the one. It's, like, it really is. It's like a marriage, like a business partnership.

    [14:11] Maya: It is.

    [14:13] Rawand: There's a couple things that you should look for as best practice. So, I come from a technical background. I'm very, very technical. And I don't have much... well, at the time, I didn't have much experience in building a company. I didn't have experience on the business side of the house. So, what I was really looking for was somebody to compliment my technical skills, which is somebody who knows the entrepreneurial and business side of the house from the ground up, who I could learn from as well. I went for a co-founder that wasn't super technical. Although, he has a physics degree from Rice, but that built his career off of just building companies. So, he's experienced in building companies from zero employees to 1,000 employees and everything that comes with that in between.

    And so, I looked for somebody that had complementary skill sets to my own. So, that was one thing. But then, the other thing was... and this is, sort of, like, a harder one, more elusive, is, is to find somebody that has the right character, not only the right character in terms of, like, somebody with integrity, but somebody that gels well with your own personality as well, somebody that you can work with. I look for people that are high integrity. We're hiring now as well. And so, I'm looking for the same things, which are people that, that are also passionate about the mission that we're embarking on, that really want to make a difference in the world, and that are just fun to work with, that are easygoing, and that will work hard and also play hard, right?

    [15:28] Maya: Last year, you won the Napier Rice Launch Challenge, and then you also won the Lilie Lab competition. First of all, I want you to tell me about that. Tell me about these competitions and the rigor of that and, you know, the folks that you got to meet along that journey as well.

    [15:44] Rawand: It was, like, a brand-new experience. I was used to presenting things from a scientific perspective, where it's, like, "Okay, here's all the things we've done. Here are all the details of, like, the technology. Here's all the details, you know. Here's this weird thing that we had an issue with. And here's the things that we're trying to solve." In the business planning competition, you have to throw all that out. You have to tell people a good story. You don't have to necessarily have all of the answers, which is one thing that was a little bit difficult for me. You have to have a good plan for how you're going to actually achieve the things that you set out to achieve.

    And so, going through the Napier Rice Launch Challenge for the first time was really different because I wasn't used to pitching in that way or, or telling the story of the technology or, or the story of what we're trying to do in that way. It was like jumping into a totally different pool. And it was just, like, a little bit of a shock in the beginning, but, but it worked out well. There were, like, two rounds for it. There was, like, a semifinal round where you pitched either a five-minute pitch. And then, from there they dwindled the 84 teams down to six teams. And I got to meet, actually, one of the judges, you know, is now a good friend of mine, the one of the judges in the semifinals. And so, I got to meet him and...

    [16:45] Maya: Who's that?

    [16:46] Rawand: His name's Adrian Tromel. He's a...

    [16:47] Maya: I know Adrian.

    [16:50] Rawand: He's in... you know Adrian, yeah. So, he's a good friend of mine now. And, and I met him, actually, he was a judge in the semifinals.

    [16:56] Maya: He's phenomenal.

    [16:57] Rawand: Phenomenal guy.

    [16:57] Maya: Yeah. He was one of, I was taking Al Danto's entrepreneurship labs. And he was one of, I guess, the mentors that was assigned to me. He really thinks outside the box, certainly. And, and he was, he's a phenomenal judge and, and really makes you recognize where your, you know, your strengths are and also some of those gaps. And he articulates it so beautifully and so kindly, right?

    [17:22] Rawand: That's Adrian, yeah. He's, he, he's, he's one of those people, yeah. It's, it's really, like, he'll say, "Okay, here's all the good things, and then here are the things you need to work on." And then he articulates it in a way that's very, like, digestible, that's very, like... it just makes sense, right, the way, when he, when he speaks, I just feel like that everything makes sense what he says.

    [17:38] Maya: Well, he is brilliant, right? I mean, that's just the way that he is. Like, everything, yes. And, and it's very deliberate and thoughtful, you know?

    [17:47] Rawand: Yeah, absolutely.

    [17:47] Maya: And, and that's what you want in somebody that, because, you know, he's, he's got quite a bit of experience himself.

    [17:52] Rawand: Yeah. And so, so I'm, you know, I met people like Adrian. And then, I met a bunch of investors. So, when you go through these competitions and then you get to the finals, you get a lot of people who reach out to you, like, "Hey, I'm so and so investor. Would love to chat." And so, you get a lot of people that reach out to you, especially in the Houston area. So, I got to meet a lot of investors who, you know, may not be investors in the company, but are just good contacts and who have become good friends of mine. And then, yeah, like I mentioned, going through that whole process of, sort of, transforming how you think about telling a story and how you think about portraying what you're doing and what your technology is and what your business is all about was just totally different. And so, that was really a rich experience for me. And that was, like, the first time that I thought that way. And it just, sort of, changed my trajectory in terms of, like, the way I think about storytelling and the way I think about pitching these things.

    [18:36] Maya: So, would that be your most impactful learning experience from the Liu Idea Lab, or are there others?

    [18:42] Rawand: That whole experience, as, as a whole, would be the, the most impactful experience, was going through that Napier Rice Launch Challenge because it gave me a pretty good foundation for, for the other competitions that I went into. And then, also for now speaking to VCs and investors and, and then with how I tell my story to employees that we want to hire. So, that really shifted my worldview in that way. And, and also the innovation fellowship was, as a whole, one of the other big impactful experiences. I think it would be the innovation fellowship, then the NRLC.

    [19:13] Maya: You are also in Greentown Labs, the Texas Entrepreneurship Exchange for Energy Competition. You won that one, too.

    [19:20] Rawand: Yeah, we won that one, too, yeah. That was, that was fun. So, that one hosted by Greentown Labs, as well as the, I believe it's the Martin Trust for Entrepreneurship from MIT. And so, that was actually a really fun experience as well. And so, we were, you know, you know, what CERAWeek is?

    [19:36] Maya: I don't, but tell me.

    [19:35] Rawand: Okay, so... I believe it's, I believe it's, it's, like, this huge conference.

    [19:38] Maya: Oh, CERAWeek, C-E-R-A.

    [19:40] Rawand: Yeah.

    [19:41] Maya: I thought you meant Sarah. I was like, "I don't know her."

    [19:41] Rawand: C-E-R-A. Yeah, you don't know Sarah. Who's Sarah?

    [19:44] Maya: Okay, CERAWeek. Was it through Greentown that you discovered CERAWeek? Because I do know what that is.

    [19:49] Rawand: Yeah, it was through Greentown. It was through that competition. And then, so the competition was actually held at CERAWeek. CERAWeek is, like, this huge conference with all these oil and gas companies that come there. And it was really interesting. And then, I got the pitch in front of, you know, a bunch of the folks there, which was a, which was a nice experience. And it was more or less like the NRLC, actually. And so, I took everything that I learned from the NRLC and I just shifted it over to the TEX-E competition. And then, I actually improved on the things that I needed to improve on. And it worked well. I mean, that same formula for what I learned at the innovation fellowship at Rice, you know, doing the NRLC competition translated very well into the TEX-E competition that eventually led to a first place win.

    [20:32] Maya: What's the most essential piece of the perfect pitch?

    [20:36] Rawand: The most essential piece of a pitch, there's a couple of things. So, the first thing is you want to be very clear, you know, what is the problem that you're trying to tackle? And why is it, why does it matter? So, for us it's air conditioning. You know, we want to save the planet, and that's a great thing to do. But you also have to make it clear, why does it matter? And so, when you look at the amount of money that people spend, or companies and just individuals or corporations, how much they spend on air conditioning energy costs, it's enormous. And so, when you put, like, a $200 billion price tag in front of people's face, that catches attention.

    [21:08] Maya: Right.

    [21:08] Rawand: The emissions that come with that are also equally enormous. And so, you want to really be very clear as to why the problem is a big problem and why does it need to be solved, and why should people care? I think that's, like, the biggest part of the pitch for me. And then, and then the next thing is, how are you going to solve it? And how are you uniquely suited to actually help address that problem?

    [21:30] Maya: So, tell me the breadth of what this technology is going to do for the planet.

    [21:36] Rawand: Right now, globally, air conditioning is about 2% of the global CO2 emissions. It's a lot. And it doesn't make sense. I'm just saying 2%, but that's almost as much as all of the passenger vehicles in the world in terms of the CO2 emissions impact from air conditioning. And if we're successful in what we do, you know, we'll hopefully change the way we do air conditioning. It hasn't really changed in the last 100 years. Air conditioning, there, there's, there are some parts that have become more efficient. There's new refrigerants that have been used, but really the same technology that we use today is what was used 100 years ago.

    And so, hopefully, if, if we're successful and we can massively scale our technology, we can help cut the emissions and energy use in air conditioning by a factor of two. So, we could save half of the energy used in air conditioning. If we do our job right, we can really have a big impact on the environment.

    [22:21] Maya: So, who has approached you that you can share with us that's interested in this venture? And where are you right now? I know that you said that you were looking to hire and to scale. So, what phase are you in right now with Helix?

    [22:35] Rawand: The company itself is at seed stage. And so, we're actually looking for investors now. We have also some seed money that we've raised from individual investors. Frank Liu is actually one of our investors. He's really interested in the company and the technology, and wants to...

    [22:50] Maya: I bet.

    [22:52] Rawand: Yeah, he really, he really wants to install our technology in his commercial buildings, especially at POST Houston. He says his energy bill's too high there. So, he wants to, he wants to save some energy. He's been really interested in, in the company and the technology and has been just a tremendous support to us. So, we're really grateful to him for all of his support, not only financially, but also, just with access to his network and then the people in his network and just him as an individual.

    You know, the technology itself is, we have proofs of concept at the lab scale. We have proof of concept for how we can scale up the filters in the technology. And so, what we're really wanting to do in the next 18 to 24 months is to scale up the technology from the lab scale to a commercial scale unit that we can run a pilot with, hopefully at POST Houston. So, that's really the goal of, of what we want to do in the next two years. And then, with the fundraising side of the spectrum, you know, we've, we've raised some seed money, as I mentioned, and, and we're looking to expand our team. We're looking to hire two to three engineers, in addition to myself and my co-founder. And then, if we raise our next round of funding, we might double that, and expand our team further.

    [23:54] Maya: After this, I mean, obviously this is the, in the beginning, the beginning stages, and, you know, you've got this plan for the next 24 months. Do you think you're going to be a serial entrepreneur? What's next for you after this?

    [24:05] Rawand: Oh, 100%. I, I don't think I could ever go back to not being an entrepreneur.

    [24:10] Maya: Right.

    [24:11] Rawand: So, my wife's actually also an entrepreneur. And she started her business while she was in college as well. And so, she was studying her undergrad and started this, actually, this skincare brand.

    [24:21] Maya: Oh, cool.

    [24:21] Rawand: And, and she was like, "I, I had made so much money in, like, the first six months of it. I was like, I'm never going to go work for anybody and I'm going to, like, drop out of school." She wanted to drop out of school. She ended up finishing school, and doing all that. But, she always told me, "You know, I can never go back. I can never go work for somebody else again. Like, I have to be an entrepreneur. There's no other way forward." And, and I'm very much like that now as well. Like, I think I'm an entrepreneur for life now.

    [24:44] Maya: Very exciting. So, if somebody's interested in applying to work for Helix Earth Technologies, what should they do if they've got the right stuff? Sorry, that was cheesy, but, you know.

    [24:56] Rawand: We're looking for passionate engineers who are passionate about green technologies and climate tech. And we're specifically looking for design engineers and thermal engineers from the mechanical and the chemical engineering side of the house. So, we're looking for good mechanical engineers and good chemical engineers. If they're interested, they can reach out to me on LinkedIn. They can go to our website. It's helixearthtech.com. The job postings should be up there, and so they should be able to contact us through the website and apply through the website as well.

    [25:24] Maya: Is there anything that I haven't asked you that you would like to share with us about Helix Earth Technologies, or just about your incredible story and the path that you're on with Rice, that really Rice brought you on? I mean, that's, this is where it all started, yeah?

    [25:40] Rawand: Yeah, and I mean, it's, I think I just want to reiterate that, you know, without the programs at Rice, without the availability of all the resources at Rice, you know, this itself wouldn't be possible. You know, I'm very grateful to what Rice has done and what Rice has built. And I'm really just a product of that. And so, the message I want to, you know, maybe leave with is let's keep investing in those kinds of programs and resources, because even in the early stages, we're seeing a lot of fruits from that labor, not only from me but from other individuals who have gone through some of these programs that have only been around for, like, a year. Like, the innovation fellowship has been around for, like, not even... it's probably only been, like, a year and a half that that program has happened. And there's been a bunch of startups that have, kind of, spun out of that already. So, I'm excited to see what Rice will do. And I'm always going to be a supporter as well. And so, just happy to see what'll happen there.

    [26:34] Maya: Well, we can't wait to see what happens for you and your future. And we will definitely keep in touch. And we really appreciate your time, Rawand. And like I said, you know, sky's the limit.

    [26:46] Rawand: Absolutely, yeah, sky. Or it's not the limit?

    [26:48] Maya: It's, it's, it's not, sorry. It's not. So, so what, so what is the limit? You got to tell me, what's the limit, if it's not the sky?

    [26:55] Rawand: The, maybe, maybe, like, the moon or Mars, I don't know.

    [26:59] Maya: Well, let's start with Mars, right, because Orion is first.

    [27:02] Rawand: Yes.

    [27:03] Maya: So, we'll start with Mars.

    [27:03] Rawand: Yeah.

    [27:04] Maya: And then, we'll see where that goes.

    [27:04] Rawand: Mars is the limit.

    [27:06] Maya: Right. Well, for now, for now.

    [27:08] Rawand: Yeah.

    [27:08] Maya: Well, Rawand, it's been, it's been a pleasure. Thanks so much for joining us today.

    [27:11] Rawand: It's been a pleasure, Maya. Thanks.

    [27:16] Outro: Thanks for listening. This has been Owl Have You Know, a production of Rice Business. You can find more information about our guests, hosts, and announcements on our website, business.rice.edu. Please subscribe and leave a rating wherever you find your favorite podcasts. We'd love to hear what you think. The hosts of Owl Have You Know are myself, Scott Gale, and Maya Pomroy.

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Houston Innovation Awards names longtime Rice leader as 2023 Trailblazer

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Brad Burke, managing director of the Rice Alliance for Technology and Entrepreneurship, was selected to receive the 2023 Trailblazer Award.

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Rundown

Department

A roundup of news from Rice Business and beyond.

A roundup of news from Rice Business and beyond

New Faculty

Emily Prinsloo
Assistant Professor of Marketing
Diana Jue-Rajasingh
Assistant Professor of Strategic Management
Cyrus Aghamolla
Associate Professor of Accounting
John Wisneski
Assistant Clinical Professor of Management – Organizational Behavior

New Leaders

We are excited to announce recent updates to our faculty leadership team, reflecting our commitment to academic excellence and innovative leadership.

As of July 1, several faculty members have taken on leadership roles. Professor of Accounting Karthik Balakrishnan is now faculty lead of the undergraduate business programs, a role previously held by Alex Butler. We express deep thanks to Alex, who held the position for eight years.

 

Shiva Sivaramakrishnan, the Henry Gardiner Symonds Professor of Accounting, is academic director of healthcare programming.

 

Nicola Secomandi, the Houston Endowment Professor of Management – Operations Management, has accepted the new role as senior advisor to the dean on energy transition. His research on the trading operations of merchant energy firms provides valuable insights into the importance of investments in the energy transition. His work will be invaluable to the school as he researches one of the biggest issues of our time.

To see our additional new faculty and to read more about our leadership positions as of July 1, please visit business.rice.edu/new-faculty.

 

Commencement

Set against a gorgeous sunset backdrop, Rice Business’ 46th graduating class walked across a stage in the iconic Rice Stadium to receive their MBA diplomas. 466 students celebrated hard-earned achievements, acknowledged the support they received from loved ones and heard from distinguished speakers. Speaking at his first MBA commencement ceremony as president of Rice University, Reginald DesRoches encouraged students to

“Be curious — never stop learning. Be courageous — stand up for what you believe. And be respectful of others — use your degree from Rice to make the world a better place for all.”

And Dean Rodriguez ended by giving the Class of 2023 one final charge: “Remember that your work is not done here tonight. … I charge you to use your leadership to be inclusive and caring so that the magic of our community continues between us and beyond us long after you graduate.”

Congratulations to the next generation of Rice MBA leaders!

 

Winning Ideas: Blue Jeans and Green Machines

Rundown of Rice Business Competitions, 2022–2023
Rice Business is consistently ranked the nation’s No. 1 graduate program in entrepreneurship. Makes sense: We’re based in Houston, a hub of innovation. We organize various forums, pitch events and accelerators. Our faculty are world-renowned. And we are home to both Rice Alliance for Technology and Entrepreneurship and the Liu Idea Lab for Innovation and Entrepreneurship.

We also host some of the country’s biggest and best student entrepreneurship competitions, including:

Every Rice Business competition has a unique mission and focus. Some are large-scale. Others are more intimate. Taken together, they represent an unmatched ecosystem for networking and new student ventures.

While competition winners may come from other schools (shoutout to FluxWorks from Texas A&M), we want to celebrate the top teams and ideas that are getting their entrepreneurial start at Rice.

Rice Business Plan Competition (Rice Alliance)

Sygne Solutions (2nd place: $100,000)

  • The Idea: To forever eliminate “forever” chemicals.
  • The Impact: Consumers can drink water free of cancer-causing PFAS. Businesses and municipalities can comply with anticipated environmental regulations.

Tierra Climate (4th place: $5,000)

  • The Idea: To progress deployment of grid-scale batteries.
  • The Impact: Corporate buyers can boost their revenues by as much as 30%. The United States can scale its battery capacity to reach net zero emissions more quickly.

Napier Rice Launch Challenge (Liu Idea Lab)

Goldie (1st place: $50,000)

Image
  • The Idea: To help women find their perfect fashion fit, starting with jeans.
  • The Impact: Women of all body types can confidently buy jeans online. Retailers can reduce their online returns.

Tierra Climate (2nd place: $25,000)

  • The Idea: To progress deployment of grid-scale batteries.
  • The Impact: Corporate buyers can boost their revenues by as much as 30%. The United States can scale its battery capacity to reach net zero emissions more quickly.

Separion (3rd place: $15,000)

  • The Idea: To extract lithium from brines already produced by geothermal energy.
  • The Impact: Electric vehicle manufacturers can meet the demand for battery lithium in a faster, purer and greener way.

Tidepay (Outstanding Undergraduate Award: $5,000)

  • The Idea: To streamline the onboarding and payroll process for shipping companies.
  • The Impact: Unbanked and underserved seafaring employees can gain secure financial and logistical support.

Sygne Solutions (Audience Choice Award: $1,500)

  • The Idea: To forever eliminate “forever” chemicals.
  • The Impact: Consumers can drink water free of cancer-causing PFAS. Businesses and municipalities can comply with anticipated environmental regulations.
     

Second Year in a Row: Rice Business Wins the CQA Investment Challenge

This year, for the second time in a row, a team of Rice MBAs won the Chicago Quantitative Alliance Investment Challenge. In this competition, student teams manage a simulated hedge fund from October to March, applying portfolio management skills, and then present their investment team, philosophy and performance. The challenge gives valuable real-world experience, enhances students’ resumes and creates opportunities to network with leading industry professionals. First place also receives a cash prize of $3,000. Congratulations to “The Owls of Wall Street”: Aramide Ajayi ’23, Amro Elhag ’23 and Chris Lopez ’23!

 

MBA@Rice Turns the Big 5!

This academic year marks the five-year anniversary of MBA@Rice, Rice Business’ online MBA. Here is a look at the program over time:

50
Unique Course Offered
440
Graduates Over the Last Five Years
280
Currently Enrolled Students
132
Veterans Enrolled over the last Five Years
  • 19 core classes
  • 21 elective courses
  • 10 Rice Residential courses

Companies at which MBA@Rice grads are currently employed:

  • Chevron Corporation
  • Amazon
  • McKinsey & Company Inc.
  • Oracle Corporation
  • JPMorgan Chase & Co.

 

Jones Scholar Award

The Jones Scholar Award is an academic honor conferred by the faculty on students whose cumulative GPA at the time of graduation is in the top 10% of their graduating class. Each graduate of Rice Business completes a rigorous set of courses, develops a robust complement of skills and knowledge, and refines their capabilities in leadership, critical thinking and problem solving. The Jones Scholars comprise a group of students who have performed exceedingly well — with high distinction — in completing a challenging curriculum.

Dylan Ahonen
Natalie Angelaki
Gregory Baker
Ayushi Bansal
Grant V. Blazina
Ashley Elizabeth Britt
Jeff Carr
Theodore Case
Kevin Clegg
Andrew James Corman
Taylor Daczyk
Rohail Dadwani
Shibin Daniel
Zach Dansby
Carson Dorsey
James Duval
Matthew Edwards
Amro Elhag
Lindsey Ellertson
Chinedum Peter Ezeakacha
Adam Forness
Daniel Grant
Gabrielle Guttman
Michael P. Hand
Arwa Hasanali
Kade Horton
Christopher Hudson
Adam Johnson
Allen H. Johnson III
Galen Joneja
Maria Kalina
Chukwuemeka Kanu
Nicholas Khater
Mo Khosh
Brett Kingsley
Josh Klesges
Trent Alan Kostenuk
Joseph Lagasca
Donald L. Leach III
Victoria Rachel Levy
Mingyuan Li
Rebecca Loureiro
Bernardo Martin Mancuso
Catarinella
Manuel Manzanares
Miguel Marquez
Andrew J. McCooey
Shannon Miftari
Daniel Moore
Shawn Michael Murphy
Tom A. Nelson
Alex J. Oubre
Daniel Paschel
Travis Peterson
Monica Pope
Brian Power
Jonathan Powers
Shehrina Rais
Blaine Warren Rogers
Shane Rowley
Sanjay Sahasrabudhe
Reynaldo Saludares
John Sandness
Trevor D. Smith
Rameshbabu
Songukrishnasamy
Everett Vaughn
Daniel Whaley
Brendan S. Whipple
James Woodward
Stephen Wright

Learn more about the Jones Scholar Award.

 

Coming Together for Houston

Faculty, staff and students at Rice Business came together in the spring for a day of service during the Rice Business Gives Back event.

Volunteers created and packaged letter-shaped crayons for Crayon Club, a program of the Periwinkle Arts In Medicine Program at Texas Children’s Cancer and Hematology Center. The crayons were then distributed to children in the outpatient clinic, where they were able to curate their own collections, spelling their names with crayons.

In addition, our community members helped to feed 25,000 families experiencing food insecurity in the Houston area by volunteering with the Houston Food Bank, which is responsible for delivering food across 18 counties and serving 1 million Houston neighbors who are food insecure.

Pictured below is work by Aviia Urdiales, 17, which was submitted for Making A Mark® presented by The Periwinkle Foundation, an exhibition of art and creative writing by children touched by cancer and blood disorders at Texas Children’s Cancer and Hematology Center. Says Urdiales: “Growing up, I didn’t really enjoy visiting hospitals. … But I remember enjoying the statue of a cow on the first floor, as well as the blue one next to the elevators. The cows inspired a character taking care of the ‘child,’ the duck, by serving them ice cream.”

 

Outside the Classroom

Alumni Offer Five Tips for an Unforgettable Rice Business Experience

As every MBA student quickly learns, business school can only be understood by experiencing it. Even with a well-crafted road map, it’s only by facing trials and tests, collaborating with classmates and applying classroom concepts to real-life scenarios that the MBA program makes its impact on you.

While your academic work lays the foundation for your professional growth, there’s an entire world of opportunities and experiences waiting for you beyond the classrooms and textbooks.

Here are five ways to optimize your Rice experience outside of the classroom:

  1. Embrace the subtropical outdoors
    Houston’s Gulf Coast climate provides ample opportunities to enjoy the outdoors year-round at spots like nearby Memorial Park and Hermann Park. Take advantage of parks, trails and recreational activities to de-stress and recharge. Maintaining a healthy work-life balance will help you excel both academically and socially.
  2. Network in the world’s energy capital
    Houston is the energy capital of the world. While you’re at Rice Business, you can attend (or co-organize) conferences like the Rice Energy Finance Summit (REFS) and build meaningful connections with industry professionals. These relationships can open doors to internships, opportunities and valuable insights.
  3. Get to know Audrey’s
    MBA students lead busy lives and sometimes need caffeine and a quiet space to focus. Whether you prefer a latte or Americano, at Audrey’s in McNair Hall you’ll find great music, coffee and conversation.
  4. Embrace Houston’s diversity
    As the most diverse city in the United States, Houston has a wealth of cultures and experiences. Step out of your comfort zone to try new food (we suggest Chòpnblok, Traveler’s Table and Xochi); explore vibrant neighborhoods (the Museum District is a must-see); and attend cultural events (such as the Bayou City Art Festival every October). Engaging with the city’s diverse community will enrich your global business perspective.
  5. Make the most of the Texas Medical Center (TMC)
    As the world’s largest medical complex, the Texas Medical Center presents unique opportunities. Work with researchers and professionals on projects, internships or joint ventures. Here you’ll gain an edge in industries like healthcare, biotech and pharma.

 

The Ties that Bind

First Sonnenberg Scholar Named

June 20 marked five years since Annabel Massey Florescu ’20 and Andrea Edmundson Bryan ’20 lost a friend in a tragic wingsuit BASE jumping accident. Their friend, Alex Sonnenberg, was 38.

Alex’s career began in the U.S. Navy, where he worked his way into the SEAL program and then was hand-selected to join the Naval Special Warfare Development Group, the top 1% of Explosive Ordnance Disposal technicians. During his 13 years of service, Alex was awarded the Bronze Star Medal, five Joint Service Commendation Medals (two with Valor) and the Navy Achievement Medal. He went on to earn an MBA at the Wharton School of Business and took a job in Houston with SCF Partners before becoming the CEO of an oil field services company.

Image
William C. Racz, the inaugural recipient of the Alex Sonnenberg Scholarship, a full scholarship for active duty personnel or veteran military personnel.

Annabel and Andrea wanted to remember Alex’s passion for living, recognize his service to the military and honor his impact on the Houston business community. So, they got together with Annabel’s father, Craig Massey; Donnie Young; and Adam Brock to establish the Alex Sonnenberg Scholarship, a full scholarship for active duty personnel or veteran military personnel to earn their MBA at Rice Business. This fall, a member of the online MBA’s Class of 2025 will carry forward Alex’s memory as the first Sonnenberg Scholar.

The recipient is William C. Racz, a Houston native and active duty United States Navy Seal senior chief petty officer.

Having been deployed five times in support of Operation Enduring Freedom and Operation Inherent Resolve, William continues to safeguard the nation against global challenges. He graduated summa cum laude from Norwich University with a B.S. in strategic studies and defense analysis. William’s list of accomplishments includes being a Joint Special Operations University Enterprise Management graduate, a certified United States Navy SEAL instructor and Master Training Specialist, and a member of the Rice Business Veterans Association.

The most remarkable detail of all? William and Alex were friends connected through their naval service in special operations. “His departure has left a void in our lives, but his spirit and legacy continue to inspire us,” William said.

Learn more about the Sonnenberg Scholars Program at business.rice.edu/scholarships/sonnenberg

 

Leading By Example

By Deborah Lynn Blumberg

Rice Business’ top leadership award is named for M.A. Wright, former chairman of Cameron Iron Works, founding chair of the Rice Business Board of Advisors and longtime friend of Rice Business. Students nominate peers who have excelled in leadership and exemplary service and have made significant contributions to the Jones Graduate School of Business. Here’s a look at this year’s winners — and their best advice to become better leaders.

MBA for Professionals, Evening: Heather Ragsdale
Heather Ragsdale worked in a variety of marketing roles for nearly a dozen years, the bulk of them at S&P Global, an information and price reporting agency in the energy markets. In the wake of the global pandemic, Heather had an opportunity to reflect on her life. “I realized that I had become comfortable in my current company, and that I wasn’t maximizing my true potential.” Heather saw that getting her MBA was an opportunity to learn about and experiment with new fields and industries. At the business school, she focused on entrepreneurship and strategy. She relished The New Enterprise class, during which she and classmates designed an app to help bar patrons avoid long lines to order beverages. Beyond the class assignments, the course installed fundamental principles that could easily translate into any job. After a Global Field Experience in Lisbon, and a stint as vice president and first-year representative for the Rice Business Student Association for Professionals, Heather successfully switched not only job functions, but also industries, and is now a product manager at HP Enterprise.

MBA for Professionals, Weekend: Teddy Tilahun
Teddy Tilahun studied marketing with a minor in sales at the University of Houston, then landed a job as an applications specialist at Emerson Automation Solutions, a Fortune 500 company that makes products and provides engineering services for industrial, commercial and consumer markets. From there, Teddy switched gears, moving into various sales, product manager and business development roles at Emerson around industrial automation. In 2020, he decided to get his MBA. “I wanted to refine some of my skills and learn new ones to continue to improve myself,” he says. His strategy classes at Rice, for example, helped him think outside the box when it comes to tackling complicated business scenarios. Teddy was president of the Rice Business Student Association for Professionals for the class of 2023 and focused on enhancing the student experience with community engagement opportunities and through work on diversity, equity and inclusion initiatives. He was also a Rice board fellow and worked with the Houston nonprofit Plant It Forward. Since last spring, he has a new role at Emerson, global product management and industry director, where he gets to focus on innovation through product solutions for the energy sector.

Full-Time MBA: Daniel Petterway
Daniel Petterway majored in finance at Xavier University in Louisiana, a historically Black university. After graduation, he worked in finance at Neiman Marcus and later Ernst & Young. Getting an MBA was always a goal, but he wasn’t in a rush. Then, his mother died from pancreatic cancer. “After she passed away, it was a wake-up call,” Daniel says. “With whatever I wanted to do, my mom would always say, just go for it.” Soon after, he applied to Rice’s MBA program and graduated with concentrations in strategy and entrepreneurship. During his favorite class, The New Enterprise, he and a team of classmates created a collaboration tool to help entrepreneurs in the art space. Daniel took on a campus leadership role as Rice Business social co-chair, planning the business school gala, and he was active in the Black Business Student Association and Entrepreneurship Association. Later this year, he will start his new role as a senior consultant at EY-Parthenon in their strategy and transaction group, Ernst & Young’s global strategy consulting arm. In the meantime, Daniel is scratching his entrepreneurial itch by investing in startups and buying real estate with the Mandala Investment Group, which he co-founded with Rice classmates.

MBA@Rice: Ashley Britt
Ashley Britt came to a career in accounting naturally — her parents and siblings all work in the field. The Houston native attended Louisiana State University, where she earned her bachelor’s in finance. In 2015, after a few years in various industries, Ashley made the switch to the energy industry. She joined retail energy supplier Spark Energy, ultimately serving as manager of the operational accounting department. In 2020, she took a role as controller with electricity provider APG&E. At around the same time, Rice’s MBA program came onto her radar. “I always knew what the Rice name stands for,” she says. “It’s the top of the top.” At the business school, she focused on corporate finance. “After working in management, I saw almost immediately how to apply lessons learned at Rice to my daily work life.” At Rice, Ashley was president and treasurer of the Rice Business Student Association for the online MBA and a member of Rice Business Women’s Organization. Her MBA helped her secure a new role she started after graduation as financial controller at renewable retail energy supplier Octopus Energy.

Executive MBA: Larry Rubin
Larry Rubin’s parents worked in the travel industry, and he grew up between Mexico City and Houston. At 18, he started working for US Airways, now American Airlines, as an airport check-in and baggage agent, eventually working his way up to Mexico managing director. After that, Larry served as the youngest CEO and executive vice president of the Board of the American Chamber of Commerce in Mexico, taught university courses and worked in a variety of roles focused on finding executive talent. His current job is president and chairman of the board of The American Society of Mexico, a nonprofit, nonpartisan organization that strengthens ties between Mexico and the U.S. socially, civically, culturally, and in business and politics. Larry had a degree in business from Anahuac University in Mexico, but in 2020, he decided he wanted to sharpen his skills. At Rice Business, he tapped into his contacts to bring key business leaders to speak to students. He also arranged for a Rice Business cohort of executive program colleagues to attend The American Society of Mexico’s first binational convention, which drew thousands of attendees, including CEOs and political leaders, from the U.S. and Mexico. The skills he learned at Rice have been invaluable to both his full-time job and his consulting work. “The lessons I learned from professors and colleagues played a very important part in shaping my intellect so I can be a better executive and a better leader,” he says.


This Year’s M.A. Wright Scholars Offer Their Top Tips to Become Better Leaders:

Empower people. It’s not always easy to entrust someone with an important task that they’ve never tried, but demonstrating your confidence in their abilities by giving them stretch assignments will help build motivation and empower people to find skills they didn’t know they had.
— Ashley Britt

Surround yourself with people who have different backgrounds and perspectives than you.
—Daniel Petterway

Lead to help others, not to help yourself.
— Heather Ragsdale

Have vision. Think positively. Embrace teamwork.
—Larry Rubin

Empower employees. Trust in your teams and give team members the resources they need to accomplish their goals.
— Teddy Tilahun

 

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News and Notes from Rice Business Alumni.

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School Updates

Laszlo Tihanyi, the William Alexander Kirkland Professor of Strategic Management at Rice’s Jones Graduate School of Business, has been appointed editor liaison for the Academy of Management’s portfolio of journals. Tihanyi was previously the editor of the Academy of Management Journal.

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Arie Wilson Passwaters

Brittany Utting, an assistant professor of architecture at Rice, has received a MacDowell Fellowship for Architecture. While in residency in Spring 2024, she will work on an ongoing research project titled “Deep Geologies” that examines the relationship between resource extraction and the built environment. This project positions geology as a critical framework for design thinking, relating architecture to a complex infrastructure of capital, energy and material, Utting said. Through writing and drawings, the project will speculate on emerging spatial practices of environmental research and terrestrial care, she said.

Laszlo Tihanyi, the William Alexander Kirkland Professor of Strategic Management at Rice’s Jones Graduate School of Business, has been appointed editor liaison for the Academy of Management’s portfolio of journals. Tihanyi was previously the editor of the Academy of Management Journal.

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"Rice was the only school I seriously considered. As a Houstonian, I wanted to root myself locally while still learning from one of the best programs in the country. Rice’s reputation, combined with its values and community, made it the clear choice."

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On April 14, Rice made history by hosting its inaugural Rice Day at the Capitol. More than 50 students, faculty and staff traveled to Austin for a full day of advocacy, education and celebration. The event served as a showcase of the university’s statewide impact in areas ranging from innovation to the arts and sciences.

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Why Does the Gender Wage Gap Persist — and How Can We Fix It?

Research shows the harmful impact of myths regarding motherhood, education, and professional agency.
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Peer-Reviewed Research
Organizational Behavior

Research shows the harmful impact of myths regarding motherhood, education, and professional agency.

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Based on research by Shannon Cheng, Abigail Corrington, Mikki Hebl, Linnea Ng, and Ivy Watson

Research shows the harmful impact of myths regarding motherhood, education, and professional agency.

  • Despite progress, women in the U.S. are paid 80 cents for every dollar paid to men (on average).
  • Common myths perpetuate the gender wage gap and unfairly blame women for their own economic disenfranchisement.
  • There are tangible steps we can take to achieve pay equity — among the two most important: destabilize harmful myths and promote male allyship in the workplace.

Gender wage discrimination remains a stubborn problem in the United States. On average, women are paid only 80 cents for every dollar paid to non-Hispanic white men, and far greater gaps persist for Latina, Black, and Native American women. Despite progress in recent decades, we have a long way to go on this issue. At the current rate, pay inequity will persist until the distant year of 2152.

What keeps us from bridging the wage gap?

In a peer-reviewed commentary regarding research that examines workplace victim-blaming, Rice University professor Mikki Hebl and former Rice Ph.D. students Shannon Cheng, Abigail Corrington, Linnea Ng and Ivy Watson interrogate the role victim-blaming plays in perpetuating the gender wage gap. According to Hebl and her team, harmful myths regarding women’s relation to the workplace cloud our understanding of why the wage gap exists to begin with. To combat the problem, they say, we must first identify and debunk such misconceptions. And then, organizational leaders must take tangible steps to implement nondiscriminatory practices.

Here are a few of the victim-blaming myths Hebl and her team attribute to the persisting gender wage gap:

Myth: Motherhood drives women to leave the workforce.

This idea doesn’t hold up under scrutiny. In 44% of families, women are breadwinners, and 75% of single mothers are sole breadwinners. On top of workplace labor, women also spend more time on service-related activities than men and an average of 65 more minutes per day on childcare and household maintenance. Moreover, mothers often face forms of workplace discrimination that fathers simply do not. The more prominent causes of women’s decision to exit are unrelated to motherhood, such as limited career opportunities and unsatisfying work environments.

Myth: Women work in less lucrative professions.

There certainly are male and female-dominated industries. But this myth suggests that women willingly opt for lower-paying careers. It also implies that some professions do not have a problem with wage inequity. But the pay gap persists across professions, and at every level. Even in female-dominated professions, women are paid less than men who share the same level of experience.

Myth: Women don’t have as much education or experience as men, and they don’t ask for what they want.

Women now hold more college and graduate degrees than men, but they continue earning less. And as women and men gain career experience, the gender pay gap widens. Indeed, the gap is largest at the executive level. In terms of women’s experience with promotions and salary increases, stereotypes and gender biases make it challenging for them to secure equal pay for equal work. Men and women are both inclined to ask for what they want, but salary negotiations often do not yield the same results for women as for men.

Victim-blaming myths like these prevent us from making progress on the issue of pay inequity. We must actively debunk them. But just as importantly, researchers argue, company leaders must put energy and resources toward addressing the problem.

Beyond deflating misconceptions about women and work, how can we change the status quo? Based on research, Hebl and her team offer these actionable strategies and suggestions:

  • Identify and remove barriers to pay equity (e.g., hold focus groups with women in the organization).
  • Provide equal growth opportunities (e.g., offer equal access to mentorship).
  • Strive toward work/life balance (e.g., subsidize or create on-site childcare).
  • Ensure nondiscriminatory policies (e.g., publish compensation ranges).
  • Promote male allyship (e.g., men in positions of influence advocate for equity).

This final strategy stands out as perhaps the most intriguing. It seems obvious to implement nondiscriminatory policies like transparency about promotion criteria. Such policies are essential for bridging the wage gap and building a culture of trust.

But what role, according to research, do male allies play in effecting a major societal and organizational change? At the very least, men can help debunk the myths that Hebl et al. describe. But more importantly, research shows that men are more likely to support gender causes when championed by other men. Male allies have immense power in advancing the cause of gender equality, which means their involvement is not just welcome but essential in the pursuit to make one dollar for men equal one dollar for women.


Michelle "Mikki" Hebl is the Martha and Henry Malcolm Lovett Chair of Psychology at Rice University and a professor of management at Jones Graduate School of Business.

To learn more, see: “Victim Precipitation and the Wage Gap.” Industrial and Organizational Psychology, 11.1 (March 2018): 144 – 151. DOI: https://doi.org/10.1017/iop.2017.100.

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In the wake of scandal, organizations face a critical question: who will stay committed and who will leave? The answer depends largely on what type of institutional events people attend — and how far the scandal spreads.

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