Garth Saloner Named Ninth Dean of Stanford Graduate School of Business
Economist Garth Saloner, a scholar of entrepreneurship and business strategy, will be the next dean of Stanford University's Graduate School of Business, President John Hennessy and Provost John Etchemendy announced May 26.
The Jeffrey S. Skoll Professor of Electronic Commerce, Strategic Management and Economics, Saloner joined the Business School faculty in 1990. Saloner's appointment is effective September 1, 2009.
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News, Ideas, People
A digest of the latest information from the Stanford Graduate School of Business
Yes I (Gulp) Can: Peter Henry’s Obama Adventure
Economist Peter Henry spent 10 intense months in the maelstrom of national politics, leading then candidate Barack 0bama’s group on Economics, Globalization and Trade Policy during the 2008 campaign. He collected position papers and tracked down surrogates who could knowledgeably speak for the Obama Campaign on economic issues. He even found himself in front of the microphones.
Ideas
Stanford Hosts Roundtable for White House Office of Social Innovation
White House Office of Social Innovation officials gathered with Silicon Valley philanthropy, business, and nonprofit leaders in a roundtable convened by the Center for Social Innovation at the Stanford Graduate School of Business. White House officials immersed themselves in the culture of entrepreneurship, risk-taking, and philanthropy that makes the Silicon Valley a laboratory of innovation.
Article Offers Ways to Promote Ethical Conduct
In the summer 2009 issue, two Stanford Law School scholars examine the ethical issues that arise specifically in the nonprofit sector. Also in this issue, GSB coauthors Bethany Coates and Garth Saloner spotlight Kiva's path to becoming a nonprofit, and advantages as well as the costs of being 501(c)(3).
We Must Restore Trust in Business
Dean Robert Joss says too many organizations have performed poorly and too many have squandered their trust. How do we restore trust in these vital institutions.
Follow the d.School Class Online
The elective Design for Extreme Affordability takes students from their funky classroom/design studio to far flung corners of the world. Follow progress through the Extreme Affordability Journal.
People
Allison Will Manage TARP
The Troubled Asset Relief Program continues to draw complaints in Congress, said The Hill. But the man nominated to run the $700 billion program, Herbert Allison, MBA '71, received favorable reviews when he appeared at his confirmation hearing before the Senate Banking Committee. Allison, who was CEO of Fannie Mae as it moved into government conservatorship, pledged not to micromanage the banks under TARP and to operate with as much transparency as possible. He was confirmed by the Senate on June 19.
Leadership Means Responsibility
Too many leaders get caught up in thinking about power rather than their responsibility to those they lead, Stanford Graduate School of Business Dean Robert L. Joss said in a talk to MBA students. 
Fellowships Awarded to Two MBA Students’ Ventures
Graduating MBA students Federico Lozano Fernandez and Jayampathy “Chari” Ratwatte Jr are the first recipients of Stanford Social Innovation Fellowships for their nonprofit ventures to serve disadvantaged populations in Mexico and Sri Lanka, respectively.
Three Honored as Distinguished Teachers
Faculty members Ilya Strebulaev, Baba Shiv, and Alan Jagolinzer were honored with 2009 Distinguished Teaching Awards by students in the School’s MBA, PhD, and Sloan Master’s Program, respectively.
Stanford Business Magazine
Job Hunter’s Toolbox
Advice and resources from GSB Career Management Center and others.
Extreme Affordability
Our journal follows the 
progress of the 2009 MBA elective Entrepreneurial Design for Extreme Affordability from a class brainstorming session to a Myanmar farm.
The House of Mondavi was nominated by Gary Steele, MBA ’75, because it “deals with the rapid growth of a family business transformed into a private company.”
Elsewhere at Stanford
New Research
Specializing Can Mean Bigger Sales
Customers like to feel they’re buying goods and services from businesses that are leaders in a specific category or two. Being a jack of all trades in too many categories may reduce profits say researchers.
Seeking Common Ground in Conversations Can Stifle Innovation and Reward the Wrong People
The best baseball players don't always get elected All-Stars. Researchers say people try to find a common ground when talking to others, which can mean the wrong people become famous or the most innovative ideas don't get discussed.
How to Be a Good Boss in a Bad Economy
When cutbacks are necessary, can a good boss do right by the company's finances and by its staff? Some pain is probably unavoidable, but Stanford Professor Bob Sutton says that psychological and organization theory research suggests clear ways to handle such situations with a minimum of harm to the people and company involved.
Recent Speakers
What's It Like to be the Boss of the "Most Interesting Man in the World?"
He’s suave, he’s wise, and his advice is always: “Stay thirsty, my friends.”
Jose Antonio Fernandez, chairman and CEO of FEMSA, the largest bottler in Latin America, is the man behind the ad campaign featuring The Most Interesting Man in the World.
Oracle CFO's Career Didn't Follow Straight Path
When Jeff Epstein earned his Stanford MBA in 1979 and went to work for Boston Consulting Group on Sand Hill Road, he didn’t know about a young company a mile away—a company that would later become Oracle. Three decades later, Epstein is Oracle’s chief financial officer, but his path was no simple one-mile drive.
Leadership Is Responsibility, Not Power
Too many leaders get caught up in thinking about power rather than their responsibility to those they lead, Stanford Graduate School of Business Dean Robert L. Joss said in a talk to MBA students.
Global
In Africa and at Home, Supply Chains Are Getting Kinder and Greener
Solutions to supply chain problems from motorcycle parts in Africa to grocery delivery and solar power in the US were shared at the Advancing Socially and Environmentally Responsible Supply Chains Conference presented by the Stanford Global Supply Chain Management Forum and the Center for Social Innovation at the Stanford Graduate School of Business.
Returning Home
Rong Zhang, MBA ’08, writes from China about moving home after 10 years in the United States.
Stanford Social Innovation Review
Offering Ways to Promote Ethical Conduct
In the summer 2009 issue, two Stanford Law School scholars examine the ethical issues that arise specifically in the nonprofit sector. Also in this issue, GSB coauthors Bethany Coates and Garth Saloner spotlight Kiva's path to becoming a nonprofit, and advantages as well as the costs of being 501(c)(3).
The Hidden Costs of Cause Marketing
From pink ribbons to Product Red, cause marketing adroitly serves two masters, earning profits for corporations while raising funds for charities. Consumption philanthropy is therefore unsuited to create real social change.
Millennials MoveOn
To propel young folks to the polls, a political organization mixed Web 2.0 tools with social science savvy.