Management

Don't take too much risk ... or too little, advises Mike Aviles, the 2011 Porras Latino Leadership Award winner. "Take what risk you're comfortable with. The ones who distinguish themselves ... figured out what to pursue and took appropriate chances".
Public education that prepares a workforce for tomorrow's needs is the cause that most challenges her, said Penny Pritzker, JD/MBA '84, the 2011 recipient of the business school's Arbuckle Award.
The Ford Motor turnaround required tough decisions and labor cooperation but CEO Alan Mulally is optimistic about the future.
When oil began gushing into the Gulf of Mexico last year, scientists, engineers, and operations workers all had different ideas about what to do. The biggest lesson may have been getting these different groups to work together, Marcia McNutt of the USGS told a Stanford Graduate School of Business audience.
The United States has recovered from high debt in the past but there are no easy solutions to today's estimated $14 trillion bill, panelists told a business school audience.
Permissive bankruptcy laws, not bad business downturns, seem to be the greatest cause of corporate bond defaults, according to Professor Ilya Strebulaev, co-author of a study that researched 150 years of figures.
Observers of Silicon Valley have always assumed that the most successful companies get their competitive edge by paying their star employees more than the competition to fuel innovation. Now research, co-authored by Professor Kathryn Shaw, and using the academic field of insider econometrics, has been able to prove that this assumption is indeed true.
Modernizing the New York Stock Exchange required extensive communication efforts with employees, Duncan Niederauer, the CEO of NYSE Euronext, told a Stanford Graduate School of Business audience. "And when we were pretty sure we'd over-communicated, we communicated a little bit more."
Rio Tinto, the world’s leader in production of copper, coal, diamonds, and iron ore, must go where the minerals are, taking it into far-flung parts of the world, says group executive Bret Clayton.
Former students, colleagues, and fellow coauthors of John Roberts gathered in September to present reflections of how his work and mentorship affected both the course of economic research and their lives.

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His career has taken Jonathan Reckford, MBA '89, from corporate leadership to his current post as chief executive officer with global nonprofit Habitat for Humanity. His success, he says, comes from following his faith and his heart.
The economic resilience of developing nations during the world economic crisis has been encouraging, Stanford Graduate School of Business economist Michael Spence told a student audience, but ongoing global growth needs an integrated financial strategy. Spence heads the Commission on Growth and Development.
Joseph Grundfest and Darrell Duffie
Two Stanford experts on the finance industry distinguished between ethical and legal issues during a public analysis of the Securities and Exchange Commission's lawsuit against Goldman Sachs' allegedly fraudulent Abacus deal. Both came down in favor of stiffer regulation of derivative markets.
Creating a new annual tradition, the Stanford Graduate School of Business has named philanthropist and entrepreneur Jeff Skoll as its first graduation speaker. He will address business school graduates at Stanford June 12. Skoll, MBA '95, was the first president of eBay, and is the founder of the Skoll Foundation, the Skoll Global Threats Fund, and Participant Media, which has produced feature...
Even when the news is bad, helping employees understand reality leads to success, American Express CEO and Chairman Kenneth Chenault told a business school audience.
After being advised she was "too nice," Laura Sanchez ultimately learned that success meant ignoring the advice and letting her own personality show. Sanchez is the 2010 recipient of the Porras Award presented by the Hispanic Business Students Association at the Stanford Graduate School of Business.
California is quickly reaching the point where each unit of water used to raise crops costs more in ecological damage than it provides benefits of crops, said Peter Gleick, president of the Pacific Institute, during the Stanford Graduate School of Business’ annual environmental lecture.
Former Secretary of State and current Stanford faculty member Condoleezza Rice looks back at lessons learned and consequences of Middle East policy decisions of the Bush Administration.
Richard Rainwater
Richard Rainwater's MBA classmates and friends of more than 40 years gathered to toast the man one called "the legendary financier of our generation" as the Stanford Business School Alumni Association named Rainwater the 2010 recipient of its Arbuckle Award.
John Mackey, the CEO of Whole Foods Market chain, has loftier goals than getting Americans to eat healthy foods, one of the missions of his grocery empire. He is out to change American business as well, putting it on the path to higher consciousness.

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