October 04, 2007

Al OsborneLOS ANGELES - Alfred E. Osborne, Jr., Ph.D., UCLA Anderson School of Management's senior associate dean, associate professor of global economics and management, and founder and faculty director of the Harold and Pauline Price Center for Entrepreneurial Studies, will receive Southern California Minority Business Development Council's (SCMBDC) 2007 Leadership Award.

SCMBDC, the region's leading minority business advocacy group, will recognize Dr. Osborne at its 23rd Annual Leadership Award dinner on Friday, October 19. The event will be held at The Beverly Hills Hotel, located at 9641 Sunset Blvd. The reception begins at 6:30 p.m., followed by dinner at 7:30 p.m. This year's title sponsor and honorary dinner chair is Toyota Motor Sales, U.S.A., Inc.

The council's Leadership Award is given to an individual and/or corporation whose achievements and leadership in the business community have resulted in positive results for small and minority-owned businesses, according to John W. Murray, Jr., president of the council.

"Since the mid-1970s, Dr. Osborne has advised, counseled and encouraged scores of graduate students in business at UCLA," Murray says. "In particular he has been, and remains, a truly outstanding champion, supporter and mentor to minority men and women pursuing their graduate degrees and beyond into their entrepreneurial and business careers.

"SCMBDC-certified entrepreneurs who have completed the Management Development for Entrepreneurs program innovated by Dr. Osborne at The Price Center speak glowingly of the tools they acquired to enable them to strengthen and grow their businesses," he adds. "Dr. Osborne and SCMBDC believe deeply that strengthening minority-owned businesses strengthens the economy overall. The council is overjoyed to recognize this outstanding business leader."

"I am delighted to be recognized by SCMBDC on this occasion and am deeply honored to join the group of distinguished honorees who are past recipients of this Leadership Award," says Dr. Osborne. "Building the capacity for entrepreneurs from diverse backgrounds to succeed in our economy has been a passion of mine and I am humbled to know that our efforts at UCLA Anderson Price Center have been of positive value to so many business owners and managers over the years."

As senior associate dean of UCLA Anderson, Dr. Osborne oversees a variety of key areas and initiatives within the school, including development, alumni relations, career and corporate initiatives, career management and executive education.

The Price Center, which Dr. Osborne founded in 1987, oversees all teaching, research, extracurricular, and community activities related to entrepreneurship at UCLA Anderson. The center provides a set of academic and extracurricular experiences designed to prepare MBA students for the challenge of business management in entrepreneurial environments.

A corporate governance expert, Dr. Osborne formed a Director Training and Certification Program designed to help officers and directors of private firms prepare for the higher level of scrutiny that comes when they take their companies public. This Price Center program also educates directors and officers regarding SEC regulations, FASB considerations, NASDAQ rules and the current best practices in corporate governance.

Dr. Osborne is also an expert in social entrepreneurship who has developed several programs that apply business models to the nonprofit world. For more than 13 years, The Price Center has created and run innovative management development programs, including three in partnership with health care giant Johnson & Johnson: Head Start - Johnson & Johnson Management Fellows Program, UCLA/Johnson & Johnson Health Care Institute and the Johnson & Johnson/UCLA Health Care Executive Program. Other programs include The Institute for the Study of Educational Entrepreneurship (ISEE) and the UCLA/Los Angeles County Office of Education Head Start Leadership Institute.

Dr. Osborne currently serves as a director of Kaiser Aluminum and Equity Marketing, Inc., and has served on the corporate boards of K2, Inc., Times Mirror, US Filter Corporation, Greyhound Lines, Inc. and Nordstrom, Inc. among others. Special appointments include chairman, Telecommunications Supplier Diversity Task Force at SBC Communications, and chairman, Consumer Advisory Council VIII: The Minority Business Task Force at Pacific Bell.

He has served as an economic fellow at the Brookings Institution and directed studies at the SEC that contributed to changes in Rule 144, Regulation D, and other exemptive requirements to the securities laws designed to lower costs and improve liquidity and capital market access to venture capitalists and emerging growth firms alike.

He has received many awards and honors, including the Richard J. Riordan Spirit of Entrepreneurship Award and the BridgeGate 20 Award, which recognizes contributions to the high technology community in Southern California. In 2004, the faculty of the UCLA Anderson School presented him with the 2004 La Force Award for exemplary service and leadership to the Anderson community.

Dr. Osborne was educated at Stanford University where he received his Ph.D. in business economics, MBA in finance, M.A. in Economics, and B.S. in electrical engineering.

For information and sponsorship opportunities regarding the Leadership Award dinner, contact Shawn Smith at (213) 689-6940, or send an e-mail to ssmith@scmbdc.org.

Southern California Minority Business Development Council serves 1,100 minority business enterprises and 200 corporate members throughout 13 counties. Founded in 1975 and headquartered in Los Angeles with chapters in Orange County and the Central Valley, it is one of 39 regional councils in the National Minority Supplier Development Council. For information about SCMBDC, visit www.scmbdc.org or call (213) 689-6960.

About UCLA Anderson School of Management
UCLA Anderson School of Management, established in 1935, is regarded among the very best business schools in the world.  UCLA Anderson faculty are ranked #1 in "intellectual capital" by BusinessWeek and are renowned for their teaching excellence and research in advancing management thinking.  Each year, UCLA Anderson provides management education to more than 1,600 students enrolled in MBA, Executive MBA, Fully-Employed MBA and doctoral programs, and to more than 2,000 professional managers through executive education programs.  Combining highly selective admissions, varied and innovative learning programs, and a world-wide network of 35,000 alumni, UCLA Anderson develops and prepares global leaders.

Media Relations