SUMMER 2001

Around the School

Features

Executive Education

Faculty

Alumni

Jones School Home

Jones School Campaign

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CONTENTS

Dean's Welcome

Around the School

Happy, Passionate Employees Key to Good Business

M.A. Wright Investment Fund Wins National Title

Students Head To Big Apple

Digital Technology Revolution

Third Annual Wine Tasting

Southwest Business Plan Competition

Class Gift Challenge

Perspectives on Women in Leadership

Employment Prospects in
Silicon Valley

Student Club Updates

ALP Profiled in Continental Airlines Magazine

Features

Second Annual All Class Reunion

Schuler's Mission at Enron

Getting the Word Out About the Jones School

Patrick Van Pelt: Paving His Own Path

Diary of an MBA: A First-Year Student Writes Journal for Business Week

Executive Education

International Trip: Singapore and Vietnam

Serving Unique Corporate Educational Needs

Life-long Learning

Offshore Technology Conference

Faculty News

Faculty News

Career Placement

Rice MBA 2001 Placement Report

Alumni

Alumni Association President's Letter

Class Notes

Alumni Leadership Challenge

2001-02 Alumni Association Board

Please send comments to:
Deanna Sheaffer, Editor
Director of Alumni Affairs
Jones School of Management - MS 531 Rice University
P.O. Box 1892
Houston TX 77251-1892
e-mail:JGSalum@rice.edu


Patrick Van Pelt : Paving His Own Path
– By Nelrose A. Viloria, Class of 2002

Patrick Van Pelt, MBA '99

The Greater Houston Preservation Alliance has honored Patrick Van Pelt (MBA ’99) with a Good Brick Award. Van Pelt was chosen for renovating the Benjamin Apartments at 1218 Webster from an abandoned, worn-down brick building into cutting-edge corporate offices.

Looking around the renovated building, it is obvious how carefully and thoughtfully certain features were kept in their original form. Van Pelt ensured that the building preserve features from its construction in 1924, leaving some of the layout, original tiles, and hardwood floors intact. And yet, cutting-edge technology is prevalent within the whole building, allowing today’s businesses to be very competitive. Attention was given to improving employee efficiency and comfort. For example, the layout, lighting, and wall color of a workroom were chosen to yield the highest productivity. Even the scenery outside the window and a breezy balcony space create an atmosphere to encourage creativity.

Top: The Benjamin Apartments at 1218 Webster prior to renovation. Bottom: 1218 Webster after renovation.

Van Pelt’s passion for business is evident in almost all his endeavors. He comes from a family of business owners and was very involved in their operations. Prior to earning his MBA, he worked for the family-owned financial consulting firm, Mid-Continent Companies, Ltd., and for the family-owned construction company, LBJ Construction, LP. Even his undergraduate studies were concentrated on business administration. But Van Pelt is not one to follow the crowd. While the rest of his MBA class spent their summer as interns, he took on several independent projects that led him to Brazil and Germany.

Upon graduation from the Jones School, he thought about what it meant to “master” business. While others may define it differently, to him, it meant the entrepreneurial practice of putting together all of the aspects of business and making it work. With this philosophy in mind, he founded Van Pelt Enterprises within a few days after graduation and began working on the Benjamin Apartments project. After only about 18 months, his project has already won him honor.

When asked his thoughts on what helped him most to achieve his successes, he credits the Jones Graduate School of Management. Although he knew exactly what he wanted to do in life, he acknowledges that without JGSM, he would not have had the poise and the ability to articulate convincingly his interests in order to garner support for them.

The Benjamin Apartments project has been completed and is co-occupied by the three family-owned businesses. Van Pelt is busy lining up future projects.