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Annual Diversity, Equity & Inclusion Report

We share an annual report to measure progress toward our goals, hold ourselves accountable, and define the priorities for the year ahead.

It goes without saying that 2020 has been an unusually difficult year. The calls for racial justice and an end to systemic racism brought us on a journey led by our Black students and alumni and their allies. This is a journey of learning how we can do better — not just on our broader diversity, equity, and inclusion goals, but by and for the Black community.

In this year’s report, we start with an update on our Action Plan for Racial Equity, and then provide updates on each of our broader DEI goals established in 2019. The full report provides additional background, supporting data, and concrete examples of our efforts.

Update on Our Action Plan for Racial Equity

In late July 2020, we released our Action Plan for Racial Equity and committed to this being the focus of our work moving forward. Since July, we have made progress toward meeting our goals and strategies that aim to advance racial equity in society and within our own community.

Increase Representation
  • Expanded MBA Admissions diversity outreach efforts and developed a full week of diversity in leadership online programming, resulting in 1,500+ attendees over 23 events
  • Solidified timing for the first BOLD Fellows to be awarded with the Building Opportunities for Leadership Diversity Fellowship with our MBA Class of 2023 Round 1 admits
  • Received applications for the Provostial IDEAL Fellows cohort for early-career scholars engaged in issues on race and ethnicity
Build a Culture of Inclusion and Belonging
  • Set a goal to make every new case study written with diverse protagonists
  • Hosted a new Rising Scholars Conference — for underrepresented minority PhD students and postdoctoral scholars — and provided a forum to present their work
  • Offered new content related to race to Stanford GSB alumni, including a 12-part speaker series and a listening tour
Make a Positive Change Beyond Stanford GSB
  • Produced free public resources on race, anti-racism, and allyship, including a new webinar and podcast for Leadership for Society: Race & Power
  • Named three alumni task force cochairs to provide thought leadership and accountability for the Stanford GSB Equity Initiative
  • Added a new focus on “justice,” within the Stanford GSB Impact Fund, enabling students to serve underserved communities
Hold Ourselves Accountable
  • Formed a new DEI council of students, faculty, and staff to monitor progress toward our goals
  • Improved data and transparency, reporting on our progress through partnership with Stanford’s IDEAL Dashboard
  • Committed to producing an annual diversity, equity, and inclusion report
See the full set of updates on the Action Plan for Racial Equity in the report.

Progress on DEI Goals

Our inaugural report, released in December 2019, reviewed the foundations of our work, outlined the model of change used so far, and established our five broader goals for DEI. We continue to follow a data-driven approach, which involves building strategic pilots and sharing wins (and losses) with the broader world.

In this year’s report, we are providing an update on our progress, which includes the following selection of strategic pilots that we have launched, or made progress on, within the past year.

Increase the Diversity of Our Stanford GSB Community
  • Created new ways to engage diverse MBA prospect audiences such as the Sí Se Puede Latin American Fee Waiver program
  • Doubled the size of the Stanford GSB Research Fellows Program by focusing on building a diverse pipeline for the PhD program
  • Increased gender diversity hiring for faculty, over the past two years, hiring seven women and seven men
Create an Inclusive Classroom and Learning Experience
  • Integrated new curriculum into classes and programs focused on topics of DEI — such as new diverse cases created for Managing Difficult Conversations
  • Initiated three new diversity groups by students, to engage and support students
  • Collaborated across departments to enhance our guest speaker database to capture the diversity of our communities
Create an Inclusive and Welcoming Campus Community
  • Increased opportunities for staff members to engage with DEI topics through workshops and “listening sessions”
  • Supported alumni volunteers to increase DEI offerings, leading to expansion of Stanford GSB Asian Alumni Career Circles
Support New Research Efforts
  • Embarked on several Research Hub initiatives to identify barriers to diversity in research and incorporate data on diversity
  • Created a new research guide — “Researching Diversity in the Workplace” — showcasing datasets, articles, and academic studies
Share Good Ideas with the World
  • Documented the impact of COVID-19 on Latino-owned businesses, and published a study by Stanford Latino Entrepreneurship Initiative
  • Launched Stanford Rebuild, a free eight-week global innovation sprint for entrepreneurs, aimed at addressing opportunity gaps exacerbated by the pandemic
  • Produced and shared our work with external audiences — through Insights articles, social media, and PR — amplifying our reach

We recognize that we’re on a learning journey. We discovered insights and lessons for growth. We share them with the aim of advancing our collective work, as well as being transparent about areas where we need to improve.

One key lesson that we want to highlight is that diversity, equity, and inclusion must be embedded in everything we do — meaning that we consider DEI in all of the processes and work that we do.

This past year, we found that members of our community are now actively using a DEI lens to examine everything they do, and are finding and creating small wins in each of our priority areas.

Our goals for the 2020–21 academic year are to continue to focus our efforts associated with the Action Plan for Racial Equity.

Here are some examples of additional priorities that we are focusing on in the upcoming year to continue our work on the APRE:

  • Hire and onboard a director of diverse alumni communities to engage our alumni community in taking meaningful action
  • Create educational programs centered on Black leaders
  • Evaluate the inaugural work of the Stanford GSB DEI Council and Alumni DEI Taskforce
  • Expand and diversify our expert networks and those we are learning from

Across Stanford GSB, we embrace this notion of shared responsibility across our incredibly passionate community. We would like to thank our contributors and invite you to let us know how we can do better.