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BusinessBecause | This GWSB MBA Used Social Media - Facebook, Instagram - To Start Two E-Commerce Businesses BusinessBecause By December, 50 million. Increasingly, entrepreneurs are turning to social media as a way to scale their business ventures, gain brand exposure and extend their reach. Zarana Shah is a current MBA student at the George Washington School of Business who ... |
Economist Jonathan Levin will assume the GSB deanship on Sept. 1, 2016 (Photograph by L.A. Cicero)
Stanford University’s Graduate School of Business today (May 23) named the former chair of the university’s economics department as its next dean. Jonathan Levin takes over the job on Sept. 1, succeeding Garth Saloner who announced in September that he would step down from his job at the end of this academic year.
The 43-year-old Levin brings plenty of academic cred to the job. He earned a BS in math and a BA in English from Stanford in 1994, an MPhil in economics from Oxford University in 1996, and a PhD in economics from the Massachusetts Institute of Technology in 1999. He joined the Stanford faculty as an assistant professor in 2000 and became a full professor in 2008. But those credentials–which will give him immediate status among the 124 tenure-track faculty–may matter less than the softer leadership skills he will need to bring to the position.
Levin clearly will have his work cut out for him. He will take over a business school that has been embroiled in a headline-grabbing controversy through much of last fall when news broke that Saloner was having an affair with a GSB professor who was married to another professor at the school. (see Stanford Confidential: Sex, Lies and Loathing At The World’s No. 1 Business School).
LEVIN CALLED ‘AN OUTSTANDING TEACHER AND A BRILLIANT SCHOLAR’
Some 46 current and former GSB staffers, moreover, accused Saloner of changing the collegial, close-knit culture of the school to a culture of fear and intimidation, where the back-stabbing politics were so thick that few would dare challenge the dean. Those current and former employees had unsuccessfully urged the university not to reappoint Saloner to a second term, claiming that he created a “hostile workplace” in which staff, particularly women and people over 40, were hounded out of jobs and roles amid numerous violations of Stanford’s Code of Conduct and HR policies (see Anatomy Of A Rebellion: Inside The Revolt Against Stanford GSB Dean Garth Saloner).
For Levin, job number one will be to restore that collegial culture at a school whose lofty mission is proudly proclaimed to “change lives, change organizations, change the world.” Levin chaired the university’s Department of Economics from 2011 to 2014. He is also a professor, by courtesy, at Stanford Graduate School of Business, a senior fellow at the Stanford Institute for Economic Policy Research, and director of the Industrial Organization Program at the National Bureau for Economic Research.
“Jonathan is an outstanding teacher, a skilled and innovative administrator, and a brilliant scholar who has deep understanding of both the academic enterprise and the workings of industry and government,” said Provost John Etchemendy, who received the petition from disgruntled staffers at the GSB and renewed Saloner’s second five-year term. “Importantly, he brings a vision for the future of management education that is rooted in his extensive scholarship on the evolving needs of a global business community. I have every confidence he will continue the school’s strong trajectory.”
‘AN HONOR TO JOIN SUCH A COMMITTED, DEDICATED FACULTY’
Levin’s appointment is the result of an eight-month search by a search committee co-chaired by Mary Barth, an accounting professor at the school. She said the committee was impressed by Levin’s “thorough grasp of what is required to maintain, and enhance, the high quality of teaching and research at the school. Jonathan brings not only stellar academic credentials but a fresh perspective and leadership skills that will help Stanford GSB maintain its preeminence for years to come.”
“Stanford GSB is devoted to transforming lives by preparing future leaders to change organizations and change the world,” Levin said. “It will be an honor to join such a committed, dedicated faculty and to support their mission of applying both academic rigor and real-world relevance to their research. Deepening our understanding of management and bringing that knowledge into the classroom couldn’t be more exciting.”
The university noted that Levin received the American Economic Association’s John Bates Clark Medal in 2011 as the economist under the age of 40 who has made the most significant contribution to economic thought and knowledge. He is a Fellow of the American Academy of Arts and Sciences, a Fellow of the Econometric Society, and a former Guggenheim Fellow, among many honors. He has won department and school-wide awards for distinguished teaching at Stanford. He served as an elected member of the American Economic Association’s Executive Committee, and was named a World Economic Forum Young Global Leader.
SALONER’S LAST PUBLIC JOB: TO PRESIDE OVER THE CLASS OF 2016 COMMENCEMENT
In addition to his academic research, Levin has consulted for a number of Fortune 500 companies as well as the Federal Communications Commission and the U.S. Treasury. He was part of the expert group that designed the first vaccine Advanced Market Commitment, and was one of the economists who participated in the design of the FCC’s broadcast incentive auction.
The university’s statement made little mention of Saloner and did not include a statement from either Provost Etchemendy or President John Hennessy thanking Saloner for his seven-year stint as dean. Saloner’s last public act will be to preside over the commencement for the Class of 2016 with its 410 students on June 12.
DON’T MISS: STANFORD CONFIDENTIAL: SEX, LIES AND LOATHING AT THE WORLD’S NO. 1 BUSINESS SCHOOL or ANATOMY OF A REBELLION: INSIDE THE REVOLT AGAINST STANFORD GSB DEAN GARTH SALONER
The post Stanford GSB Turns To University Economist As New Dean appeared first on Poets and Quants.
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