Archive for the ‘Education’ Category

What makes a great entrepreneur?

The other night I tuned in to an ep of Shark Tank just in time to see a shark give the thumbs down, saying “Right product, wrong people.”  She used her own judgment to make that call, but Genius Lessons: Inside the Mind of the Tech Innovator, the cover article in Feb 2015 issue of Entrepreneurship, explores a number of concepts about what makes a great entrepreneur. As you might guess, there’s no easy formula for success. In fact, “some of the traits that make you a great entrepreneur also work against you,” says The Founder Institute’s Adeo Ressi. One thing is clear: passion is a must. According to Valley historian Steve Blank, “You can teach Entrepreneurship, but only to the people who desperately want to learn it.”

Read the full article in hard copy in our Current Periodicals section, or here in Business Source Complete if you have a current Stanford SUNet ID.

What’s the Matter with Alma Mater?

Whither universities?  The Atlantic magazine poses the question with The Future of College, centering on the Minerva Project, brainchild of entrepreneur Ben Nelson. Minerva aims to be nothing less than a radical re-thinking of the nature and structure of higher education. Not your parents’ alma mater, Minerva — named for the Roman goddess of wisdom — abandons ivy-covered halls, tree-lined paths and homecoming football games to be the future face of college education. Will it succeed?  Yea or nay, it is one more voice in the chorus calling for radical change on the campuses of America.

Warren Bennis (1925-2014)

Warren Bennis, noted author on leadership, died Thursday at the age of 89. A professor at the University of Southern California for more than three decades, Bennis was the author of more than 30 books. As a consultant he provided advice to corporate figures, such as Howard Shultz of Starbucks, as well as American presidents like John F Kennedy, Lyndon Johnson and Ronald Reagan. As a boy Bennis saw his father summarily dismissed from his job and grasped the power of organizations and their impact on lives; this set him on the path of exploring organizational behavior and leadership. He was also influenced by his experiences in World War II.

Mind the gap!

New research from Stanford suggests that America’s cities are becoming increasingly segregated by educational levels. According to a paper by Rebecca Diamond, Asst Prof of Economics at the Graduate School of Business, America’s cities are dividing themselves into two groups, with college-educated workers living in “desirable” places that less-educated Americans cannot afford. “High-skill workers value communities where the amenities are considerable, “Diamond said in an interview. “The non-college educated value these areas, but they cannot afford the housing.” Coming on the tail of Thomas Piketty’s book Capital in the Twenty-first Century and its discussion of income disparities,  is this yet another fact on the pile to suggest that an economic crack in America is widening into a sociological Grand Canyon?

It’s Internship season!

With many first year MBA students now off to summer internships, two articles that surfaced this week make worthy reading: this one quoting Jack Welch on using the opportunity to show what you can do, and this one on the perks Silicon Valley interns enjoy.

Congratulations to all of our graduates this weekend, and first years (make that second years, as of now), have a great summer!

Rome, California

Interesting article in yesterday’s New York Times, claiming Stanford is now the gold standard of American — read “world” — universities.  At least from the perspective of desirability and ‘buzz’. Quite remarkable, considering that Harvard was founded 378 years ago, Stanford only 123 years ago. Not to say that Harvard has suddenly slipped to the level of the University of Southern North Dakota (apologies to Peter Schickele). But as Robert Franek of the Princeton Review says, “There’s no question that right now, Stanford is seen as the place to be.” Of course, the historical impact of Harvard on American culture can hardly be overestimated, as our ur-university. Such things are measured in centuries, lest we get too cocky. But for what it’s worth, it’s nice to be in Rome right now, the center of the (academic) world.

Our GSB Heritage

Beginning today, the Library will be posting featured “cameos” on past GSB faculty who made a lasting impact on the School, under the title  Our GSB Heritage. First up is George Leland “Lee” Bach (1915-1994), a seminal figure in the academic transformation of the GSB during the 1960s and 1970s. Bach is widely recognized as one of the driving spirits behind the evolution of the GSB in the wake of the famous Gordon-Howell report of the late ’50s (co-authored by the GSB’s James Howell.)  Bach’s influence was widely felt, not only at the GSB but across other institutions of American higher learning. “Words are inadequate to express the tremendous impact Lee Bach has had on management education throughout his entire career,” said former Dean Arjay Miller at the time of Bach’s retirement in 1983.  Not only an administrative force, Bach was also a master instructor, winning in 1979 the Walter J. Gores Award, Stanford University’s highest award for excellence in teaching.  Stay tuned for future cameos on the GSB Our History webpage.


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