Hayagreeva Rao Keynote Talk: Scaling Up Excellence at Stanford GSB (Full Transcript)

Hayagreeva “Huggy” Rao Keynote Talk: Scaling Up Excellence at Stanford GSB (Full Transcript)

Professor Rao was the keynote speaker for GSB Spring Reunion on May 2, 2014. He was introduced by Dean Garth Saloner.

 

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Dean Garth Saloner: It’s now my pleasure and my honor to introduce today’s speaker and my colleague Huggy Rao. Huggy is the Atholl McBean professor of organizational behavior and human resources. Here at the GSB he’s also a professor of sociology at the school of humanity and science. He’s also the academic director of a fantastic online program –our first online program the Stanford Innovation and Entrepreneurship Certificate program. This is a program that we built jointly with our engineering school. It has 12 modules, they built half a dozen, we built half a dozen. And it’s available online to people who don’t have the time or the ability to attend one of our in-person classes. And the attraction we’ve gotten from it has significantly exceeded actually what we have planned, so. I thank Huggy for his leadership in that.

He’s also the co-director of the Customer Focused Innovation Executive Program and the co-director of the Advanced Leadership Program for Asian American Executives. He has been working on the question of scaling together with Bob Sutton, he has a book on the topic, which I’m sure he’s going to tell you about, and I think you’re in for a real treat. It’s been a best seller, it’s one of the top 10 books listed by Forbes and by the Washington Post.

Please join me in giving a warm welcome to Huggy Rao.

Hayagreeva “Huggy” Rao – Atholl McBean Professor of Organizational Behavior and Human Resources

Good evening everybody. Let me begin by first saying thank you certainly on behalf of my faculty, colleagues. It’s just impressive to see so many out of staters and so many people from overseas as well coming here. Your affection for the GSB, of course, matters a lot to us, because we can, of course, continue to build on our traditions of excellence and do — and you know get to greater heights.

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So I’m just actually going to begin this talk with a little bit of a confession. I finished business school in India in 1980. And the astonishing thing was, as I was finishing business school in India, the textbooks that we actually followed, I think the one in finance, if I recall, was by Jim VanHorne. If you can believe it, you know, the one in accounting was by Chuck Horngren. And we even had Jeff Pfeffer’s book on the external control of organizations. And in 1980 when I graduated I had no idea that all of them would eventually turn out to be my colleagues. It is truly sort of extraordinary in that sense.

And the other funny thing was in 1981 Tom Peters, an alum of the GSB, of course, wrote a remarkable book called In Search Of Excellence and at that time if you had told me I would have actually written a book on excellence, I would have said look you are out of your mind. But the amazing thing was that we did and Tom has actually been a great supporter. And we’re all very grateful to him. The book’s done well as Garth mentioned. You know, it’s nice to sort to be on the Wall street Journal best seller list or whatever, but really, what touches your heart is we did a little thing on NPR and there was this little — there was this lady from rural Georgia who actually emailed me and said, you know, I heard you on NPR. I went out and bought the book. And we’ve created a little learning group in rural Georgia to scale excellence in our schools there. That sort of really melted my heart.

And the reason it melted my heart is, my mom was a high school math teacher. She was, I guess, a tiger mom before that, that particular label kind of got constructed or invented.

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So, what I’m going to do is share a few ideas in the hope that we can have a conversation. I’d like to leave a bunch of time aside for questions.

In many ways this book and this whole adventure with Bob Sutton would never have been possible without a program that Garth alluded to, called the Customer Focused Innovation Program. So what we do is we get 60 people, and the morning is all what we call clean models, social science, and the afternoon is all about dirty hands, or design thinking. And the participants love it, so they come in the morning, and they come in on Sunday. Mornings, they’re being exposed to social science and then, every afternoon, they have to solve a problem, a challenge, if you will, for some company or the other. And, several years ago, we were doing that with JetBlue. And, in fact the participants did some pretty amazing sort of things. You know, you go and, all the design thinking ideas that many of you, I’m sure, are familiar with.

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