Some class sessions will involve class visits by topical experts in these applications. It is targeted at students who are thinking about creating, joining or investing in new ventures in developing economies.The cases and guests will reveal entrepreneurial challenges through the eyes of founders and investors who have seized these opportunities at different stages of the venture: ideation, launch and scaling. This is the base version of D&D. These are the kinds of issues discussed in this course, which seeks to help students who will be engaged in international business during their careers. She currently lives in Cambridge, MA and is writing her debut novel. Strategy is at the heart of problem solving and achieving objectives, yet few people can define strategy, much less understand how to conceptualize, design, and execute effective strategies that yield the best outcomes.This course focuses on interesting and engaging case studies, each of which illustrates a key ingredient of strategy. Entrepreneurship and Venture Capital. Prerequisites: Statistics 217 and 218, or consent of instructor; some prior exposure to stochastic models in general, and queueing theory in particular, is useful but not essential. These performances will take up much of our time during class. A major component of the course will be a project that students will work on in partnership with a firm on solving a business problem using the methods and approaches learned in this course.nnnThe course will be a good fit for students who have a background in advanced statistical methods and programming, or are willing to acquire these skills on their own in advance. 2 Units. Intellectual property rights (patents, trade secrets, copyright, trademarks design rights and so on) and data rights are a set of legal rights and assets that establish ownership of and protect tangible and intangible assets from copying and other acts¿for example copying of software or counterfeiting of designer handbags. The class is taught be Steve Davis, President & CEO of PATH (, a leader in global health innovation, and former global Director of Social Innovation at McKinsey & Company.We take an inter-disciplinary approach to look at the factors that pull innovation forward, push it from behind, and (often to the world's detriment) block its successful implementation and scaling. OIT 604. In the process, the course also reviews several fundamental mathematical concepts in inventory theory, including convexity, duality, finite / infinite state Markov decision processes, and comparative statics.nThe second part discusses advanced modeling concepts, and several new application areas. The course is integrative and will allow students to apply many facets of their business school education. For the first time ever, children who have cystic fibrosis, rheumatoid arthritis, major cardiac repairs, organ transplants, genetic metabolic disorders, and several forms of cancer are surviving. 2 Units. Financial Technologies. STRAMGT 366. Attitudes and Persuasion. The course won't turn you into data analysts, but it will help you manage them. The mission of the Stanford Graduate School of Business is to create ideas that deepen and advance the understanding of management, and with these ideas, develop innovative, principled, and insightful leaders who change the world. Double check the name of your desired major before applying. We'll look at approaches to organizational design that limit unconscious bias and produce more objective decisions across the employee experience - from engaging and hiring candidates to retaining employees and helping them thrive. This course provides an overview of asymptotic models and methods used in various areas of operations management. Doctoral Practicum in Research. The world of work has changed fundamentally - firms are now integrally linked to the global economy and many of you will manage teams of people located in different countries. While conceptual frameworks will be introduced through readings, lectures, demonstrations and discussions, the only real way to learn coaching skills is to both practice coaching, and to be coached. To register, a student must obtain permission from the faculty member who is willing to supervise the reading. Randomized Controlled Trials) to know rather than guess which organizational designs will be effective Who should take this course? Together with Faculty, students explore these topics using five case examples, each asking students to evaluate a series of situations, develop alternatives for their resolution, and ultimately recommend and implement a course of action from the point of view of the company's owner/manager. 2 Units. Games, Decisions and Negotiations. This is an MBA compressed course that covers analytic and data science tools that are currently being used to operate some of the most exciting online platforms and marketplaces in the world. In this class we'll take a deeper dive into the market and beyond-market (policy) strategies in the energy industry. To address these topics, the course will use a mix of experiential exercises, cases, and exciting guest speakers (including well-known CEOs and venture capitalists). The entertainment industry is one of the largest and most important industries in the world - both from a business and cultural standpoint. Students who take time to fill this out carefully show that they care about Stanford in particular. "Disruption" is a widely used and frequently misunderstood term. Each applicant may apply Restrictive Early Action, with a deadline of November 1. We will consider the forces that have led to the proliferation of these marketplaces, as well as the economics behind which ones are likely to succeed and become profitable. Despite this research, our organizations have been slow to respond to a new generation of workers. The field of behavioral economics couples scientific research on the psychology of decision making with economic theory to better understand what motivates economic agents, including consumers, managers, public policymakers, investors, and employees. To compete successfully in today's market place, companies need to manage effectively the efficiency of activities to design, manufacture, distribute, service and recycle their products or services to their customers. Toggle School of Earth, Energy and Environmental Sciences, Undergraduate Major Unit Requirements and WIMs, Involuntary Leave of Absence and Return Policy, Main Quadrangle • Memorial Court • Oval • White Plaza, Sexual Harassment and Consensual Sexual or Romantic Relationships, Student Non-​Academic Grievance Procedure, Title IX of the Education Amendments of 1972, Visitor Policy • University Statement on Privacy, School of Earth, Energy and Environmental Sciences, Emmett Interdisciplinary Program in Environment and Resources (E-​IPER), Institute for Computational and Mathematical Engineering, Comparative Studies in Race and Ethnicity (CSRE), Division of Literatures, Cultures, and Languages, Russian, East European and Eurasian Studies, Stem Cell Biology and Regenerative Medicine. Stanford has several majors with unusual names, including Human Biology, Ethics in Society, and Symbolic Systems. MKTG 365. Each student will serve as discussion leader for two of the 10 weeks. We will study effective strategies for building diverse and inclusive companies, and will address the barriers that can often exist. STRAMGT 543. The applications considered include agenda formation in legislatures, government formation in parliamentary systems, the implications of legislative structure, elections and information aggregation, lobbying, electoral competition and interest groups, the control of bureaucracies, interest group competition, and collective choice rules. 3 Units. PhD Dissertation Research. These premises do not posit that we are irrational. 4 Units. The seminar's aim is to improve participants' ability to develop strategically informed action plans that are imaginative, inspiring and workable. Stanford wants to know that it is a top choice for you, not simply one of many good options. Informal student meetings/mixers will be held in the autumn quarter to further facilitate the formation of teams and assist in idea generation. This course is an advanced applications economics course. || Experiences: Participants learn the Design Thinking process through a hands-on, collaborative design challenge, like redesigning the Briefcase for a specific user. We will focus on leaders across five domains: Leadership in crisis situations, strategic leadership, "china-breaking" leadership, sustaining leadership, and next generation leadership. Parents: How to Help Your Kids Reach Their SAT Goals, List of All U.S. Admissions Process. MKTG 559. If you are an international student, check out Stanford’s, for additional requirements based on your specific background. The course will be eclectic in terms of approaches, using reduced-form and structural econometrics, machine learning, and experimentation. There will be nine class sessions, each of one hour and forty-five minutes. 2 Units. Some ideas are proving to be critical levers for change, others are facing significant political challenges, and others have not delivered on expected results. Efrat Kasznik is an IP valuation and strategy expert with more than twenty years of experience advising companies of all sizes, from startups to Fortune 100s, on extracting value from their IP. STRAMGT 549. The course is composed of a mixture of lectures, exercises, academic paper reviews, and in-class case discussions. Managing Groups and Teams. In the Class of 2024, the middle 50% of SAT scores for accepted students was 700-770 in Evidence-Based Reading and Writing, and 720-800 in Math. The course looks at the entire selling process of lead generation, prospecting, qualification, discovery, understanding value, customizing presentations, objection handling, negotiation and closing. For that reason, research is key. Incumbents enjoy substantial market power but are struggling to keep up technologically as they wrestle with antiquated core infrastructure. 2 Units. In addition to these materials, students may submit an optional Arts Portfolio. The course is a superset of OIT 245 and OIT 247, starting with a very fast paced overview of basic concepts, and quickly diving into more advanced topics and software tools. Disruptive Innovation. CollegeVine has already posted an in-depth Guide to Writing the Stanford Application Essays. The course attracts students from many different backgrounds - those who are experienced entrepreneurs to those students who are experimenting with the idea of entrepreneurship for the first time. Sample topics include the transformation of retail, media, electronic commerce logistics, transportation and healthcare. This means that they evaluate all different components of your application, and while numbers are important, they aren’t everything. The goal is for students to come away with an understanding of the scholarly literature on creativity, as well as actionable tools for conducting their own research on creativity and related concepts. 1-15 Unit. Inside Life and Leadership. As background, students are assumed to know stochastic process theory at the level of Statistics 217-218, microeconomics at the level of Economics 202N, and optimization theory at the level of MS&E 211, and to have some familiarity with the basic ideas of dynamic programming. Informal student meetings/mixers will be held in the autumn quarter to further facilitate the formation of teams and assist in idea generation. Applications include ride-sharing and transportation; room-sharing and vacation rentals; dating; passion economy; food deliveries; and organized labor markets. How should a firm allocate its sales force? Same as: B. GSBGEN 622. The course draws on the experience of the lecturer as a general officer in the Army and as the 26th Assistant to the President for National Security Affairs to illuminate critical aspects of leadership, strategy development, and effective implementation. STRAMGT 306. This course represents a shorter, more intense version of OB 381-Conflict Management and Negotiations. We'll analyze which negotiation strategies are effective in different conflicts. In this PhD seminar, we will survey the field of strategic management as seen from the perspective of "macro" organizational behavior. 2 Units. 4 Units. Stanford accepts portfolios in Art Practice, Dance, Music, and Theater & Performance Studies. GSBGEN 697. Contemporary approaches to marketing emphasize the importance of adopting a consumer focus, from determining consumers' wants and needs to shaping their attitudes and ensuring their loyalty. Behavioral Economics and the Psychology of Decision Making. 4 Units. Address all of your greatest academic, extracurricular, and personal accomplishments in the most favorable light possible. Such claims are wildly off the mark; they cannot explain how we have become the dominant species on this planet. social networks that enhance competitive capabilities. In recent years network models have been used in different application domains, ranging from social networks to supply chains and from financial networks to transportation networks. - Developing a curiosity-based approach to handling objections in all stages of the selling process. Graduate level proficiency in microeconomics and empirical methods will be required. By the end of the course each will be better prepared to launch a search than many of the searchers who have come before. T-groups meet during part of class-time as well as in the evening. 3 Units. But often our messages don't persuade or persist. Here are a few facts that you should take care not to contradict: Stanford is a 45 minute drive away from San Francisco (on a good day). OIT 643. Conventional wisdom dictates that a start-up launching a new product should focus its energy understanding what the market wants (problem) and then translating that knowledge into an optimal set of product features (solution). The course is aimed at students who already have a background or demonstrated aptitude for quantitative analysis, and thus are comfortable with a more rapid coverage of the topics, in more depth and breadth, than in OIT 245. OIT 333. 1 Unit. These leaders make financial and artistic decisions daily, and manage staff and productions with the goal of producing entertainment product meant to be seen as widely as possible, and meant to make a profit. This course addresses how the increasingly large number of firms that use or provide outsourcing and "offshoring" can create a sustainable competitive advantage. 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