The Stanford Graduate School of Business (GSB) is seeking to fill the role of Executive Director of the Stanford Institute for Innovation in Developing Economies (Stanford Seed).
Stanford Seed seeks to end the cycle of global poverty by enabling business leaders in developing economies to lead their regions to prosperity. As part of the GSB, the Institute works across Stanford University to accomplish this mission by
a) stimulating faculty engagement and research on these topics through research funding and scholarly activities;
b) deepening, through curricular and experiential opportunities, Stanford students understanding of the opportunities and challenges of doing business in developing economies; and
c) working directly with the leaders of established enterprises to help them transform and grow in ways that ultimately improve the lives of the poor.
To facilitate this direct action, Stanford Seed operates regional centers in West Africa (in Accra, Ghana) and East Africa (in Nairobi, Kenya), and is committed to expanding its entrepreneurship program in the coming years.
Stanford Seed seeks an Executive Director to guide the execution of the Institutes established strategy. Reporting to the Faculty Director of Stanford Seed, the successful candidate will have extensive experience working and negotiating with senior leaders within higher education institutions, leading large, globally distributed teams, establishing the case for and managing multi-million dollar budgets, and managing complex programs and events. In addition, Stanford Seeds Executive Director should have a commitment to, and preferably first-hand experience with, the role of firm innovation and growth in stimulating economic development and poverty alleviation in the developing world.
A strong cultural fit with both faculty and staff will be central to success in this role. Stanford Seeds Executive Director must be able to work comfortably with faculty and demonstrate a firm commitment to the Universitys research and teaching mission and an appreciation of its culture. The successful candidate will demonstrate the willingness and the proven ability to work closely with faculty leadership, taking strategic direction from the Faculty Director and GSB leadership, while providing input.
At the same time, the Executive Director will have primary leadership responsibility for a complex, globally distributed team of more than 30 individuals. Currently, more than 1/3 of the staff members are local nationals in Ghana and Kenya; experience and demonstrated skill in managing people with different cultural backgrounds and management styles is essential. The Executive Director must be able to resolve problems diplomatically, build key relationships and be skilled at influencing with and without direct authority. The Executive Director will make talent management, including team culture and ongoing professional development, a top priority.
Finally, the Executive Director of Stanford Seed will play an important representational role for the Institute, working independently and in conjunction with faculty and administrative leadership to cultivate strong relationships with external stakeholders, including prospective donors, strategic partners, local governments, and international agencies, and thereby advance Stanford Seeds mission.
Provide strategic leadership and management of administrative and operational functions for a school or large organization within a school exercising delegated authority for policy and programmatic decisions. Achieve research and teaching mission and goals through managerial staff; typically have multiple levels of professional and supervisory staff. Partner with and/or influence faculty leadership on departmental affairs.
- Oversee the management of areas of responsibility. Direct staff and provide leadership to achieve goals and vision of the organization. Responsible for hiring and retaining staff, career coaching, personal development for direct reports and accountable for the performance of employees.
- Contribute to the business and administrative mission and goals for the organization or school and oversees the implementation through department chairs and managers.
- Independently initiate and create strategic proposals of considerable complexity and scope for organization or program(s) managed. Propose and manage the implementation of complex and significant programmatic changes that may impact the unit's academic and research capabilities. Consult and advise senior leadership. Oversee allocation of all resources
- Responsible for the financial viability and success of the organization. Develop and deliver complex, comprehensive financial analysis, high level strategic modeling both short and long term and provide advice to senior leadership decisions. Oversee the management of the consolidated annual budget plan. Responsible for committing school resources with limited review by senior officers.
- May independently or in collaboration with human resources managers, direct faculty supervisors and managers in the interpretation and implementation of human resources policies, procedures and programs.
- Champion major initiatives; lead complex, high-visibility process redesign and innovation projects; develop and implement initiatives.
* - Other duties may also be assigned