Farmhand - Stanford GSB 2008

An insiders view of the Stanford GSB class of 2008

Name:
Location: Stanford, United States

hitching a ride across the galaxy with my towel

Sunday, April 01, 2007

Service learning trip to New Orleans

The Stanford motto is

“Change lives, Change organizations, Change the world”

And we did a little of all of the above on this trip to New Orleans where we worked with victims of Hurricane Katrina, helping small business owners get on their feet again. This trip was about them, about their courage and determination, we just helped a little, but none should steal the thunder from those folks!

I will be blogging extensively about that trip, both here as well as on our trip blog!

Cheers

Ash

 

 

http://www.nola.com/timespic/stories/index.ssf?/base/news-7/1175320327307520.xml&coll=1

Merchants get top academic advice
Stanford students help N.O. businesses
Saturday, March 31, 2007
By Bruce Nolan
Staff writer
Late Thursday afternoon, well after the foot traffic had subsided and the bell over the door of their Oak Street antiques shop was less likely to announce the arrival of a customer, Ralph and Audrey Driscoll sat at a table with three Stanford University business school graduate students, talking about ways to boost the Driscolls' business.

The MBA candidates offered some simple ideas: thoughts on Internet advertising, techniques for boosting sales from previous customers, and tools to measure whether the ideas had worked.

The Driscolls listened and nodded appreciatively. Audrey took notes on a legal pad. "This sounds good," Ralph said.

The students had brainstormed the Driscolls' case among themselves the day before, after an intensive, two-hour conversation earlier in the week in which the couple described their business, their plans and the neighborhood.

In return, the students' suggestions were offered free.

In this season of sweaty volunteers gutting ruined houses, there are other currencies of aid -- in this case, brainpower: an offering of advice to small businesses from students at one of the top business schools in the country.

The students who sat with the Driscolls on Thursday -- Jeff Landau of New York and Daryn Dodson and Sarah Garrett of Washington, D.C. -- were three of 15 Stanford graduate students who spent the week in New Orleans, talking to about two dozen small business owners along the business corridors of Oak Street, Freret Street and Bayou Road.

Neighborhood dividends

Each is a cluster of walk-in shops, restaurants, salons and other small businesses that, if made robust, might well radiate dividends into the surrounding area.

The students were pointed in those directions by the Idea Village, a New Orleans nonprofit that nurtures small businesses with grants, mentoring and other kinds of assistance.

The idea was to let young people immersed in a top-flight business curriculum listen to the challenges facing small businesses to see if they could offer simple, easy-to-implement suggestions about marketing, product lines or customer service.

They backed their suggestions with small grants totaling $50,000 to a few of the businesses. Half of the money came from Idea Village; the other half from an anonymous Stanford donor, they said.

The students' suggestions fell far short of fully rounded business plans. Rather, said Dodson, they tended to be basic innovations -- easy, low-cost experiments, really -- that business owners might have thought of themselves if they had the indulgence of less everyday stress.

To the Driscolls, for instance, they suggested a way of using Google to bring more customers to an on-line side business that supplements the couple's furniture sales and restoration business.

Sidewalk plaques

They also talked about ways the Oak Street merchants could promote their seven-block neighborhood with banners and sidewalk plaques telling the generations-old stories of some of the shops.

Those and a few other ideas struck Ralph Driscoll as sound. Some, in fact, they'd already thought of. Others, he said, were the kinds of things they might have come up with if they weren't immersed in the welter of details attendant to running the shop.

"They were able to stand back and see the whole forest. We could tell right away these were good, creative ideas," he said.

All of this was born more than a year ago, after Dodson, 28, came to New Orleans to help with the house gutting that dominated volunteer work in the first year after Hurricane Katrina.

"When you gut somebody's house you go through their lives, piece by piece," he said. "You go back home, but you don't forget about that."

He returned to Stanford's campus in Palo Alto and like many Katrina volunteers, could not completely shake off what he had seen.

Dodson and more than 20 other business school students returned to gut more houses last spring -- but an idea was forming.

'A bigger impact'

"We wanted to come back, but we wanted to make a bigger impact," said Shara Tortora, 28, from South Florida. They saw themselves as management students facing the biggest management problem in the country.

"We wanted, basically, to figure out how to put our skills to work. We specialize in entrepreneurship. So how do we get in touch with entrepreneurs?"

In short order, the students found Idea Village, which helps small New Orleans businesses grow.

In January, Idea Village introduced Dodson, Tortora and a few others to Vera Warren-Williams, owner of the Community Book Center, who with a few hardy neighbors were reclaiming their small businesses in the 2500 block of Bayou Road.

The Stanford students consulted extensively with her a few months ago, researched her case more deeply, and upon their return to the city this week gave Warren-Williams a more detailed plan than they gave the Driscolls and others.

Enduring ties

The future of Stanford's involvement with New Orleans is still unclear. Dodson and Tortora graduate in a few weeks. Landau will remain, and he said it's likely students will keep up some kind of relationship with the business men and women they've met in New Orleans.

Tim Williamson, president of Idea Village, had another thought. From his vantage, he said he has seen newcomers arriving to make new careers in New Orleans -- many bitten by the possibilities offered to young entrepreneurs and many, like the Stanford students, coming back to experience more of the city after an initial taste months ago.

Said Williamson: "We'd like to recruit some of these folks to move here."           

2 Comments:

Blogger Chris Stow-Serge said...

We really appreciate you coming down to New Orleans and applying your skills. Caught up in the day to day, the outside perspective can be extremely beneficial.

10:37 PM  
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11:12 AM  

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