Stanford Graduate School of Business
Innovation, creativity, and entrepreneurship are in the air that we breathe. Stanford helped put Silicon Valley on the map, and Silicon Valley launched the industries and innovators that have shaped our modern world.
Stanford Graduate School of Business is a place where anything and everything is possible. It’s where the boundaries of knowledge are pushed beyond what’s imaginable. Where diverse ideas and perspectives aren’t just accepted, they’re encouraged and embraced.And in this unique environment of innovation and collaboration, principled leaders emerge. Faculty, students, staff, and alumni develop the courage to take risks, the passion to lead, and the motivation to make a positive impact — on themselves and the world.
The Stanford Graduate School of Business empowers individuals to envision what is possible and make it happen through principled leadership and creative problem solving. The school has built a global reputation based on its management and leadership programs, including the two-year MBA; the one-year MSx Program; the PhD Program; Stanford Ignite, a part-time program in innovation and entrepreneurship; and Executive Education. Each program creates an experience that transforms people and prepares them to change lives, change organizations, and change the world. Programs engage the highest quality students with world-class faculty from across Stanford University’s seven schools, as well as alumni, Silicon Valley professionals, global executives, and the broader world community. The state-of-the-art Knight Management Center offers flexible classroom spaces for hands-on experiential learning, small-group leadership labs, and team-based learning. It also serves as a convening space for major forums and discussions.
American health care is a labyrinth of administrative complexity. And a new study reveals how red tape is the industry’s biggest source of waste.Previous studies have established that administrative inefficiency imposes a huge cost on the economy. But new research led by professor Jeffrey Pfeffer reveals just how dramatic that toll actually is. According to Pfeffer and his colleagues, administrative “sludge” in health insurance costs employers and the economy billions of dollars in squandered work time, employee stress, absenteeism, and reduced productivity.
“Until now, most of the research on health care sludge has focused on the paperwork costs incurred by health care providers,” Pfeffer says. “Our new twist is how much employee time is wasted and the measurable effect of that time on employee stress, burnout, increased absence, and diminished job satisfaction.”So, who’s to blame for all the drag? Pfeffer says the fault lies less with insurance companies than with the companies that hire them. “If employers would select better-performing health insurers and get rid of those that are administratively inefficient,” Pfeffer says, “they would get more value for the money they are spending.”
Our mission is to create ideas that deepen and advance our understanding of management and with those ideas to develop innovative, principled, and insightful leaders who change the world.
At Stanford GSB, we believe in the spirit of endless possibilities. So, together, we take chances. We challenge conventional thinking, invite and embrace diverse ideas, and collaborate to change the world.
This entrepreneurial mindset makes innovation and transformation possible. Growing up with Silicon Valley, this mindset is forever a part of our DNA. It’s our secret sauce; it seems somewhat intangible until you experience it firsthand — when you step on campus, take a class online or across the world, meet with faculty, talk to a student, or pitch an idea.