Application deadline extended for the Professional and Executive MBA. Limited spots available. Apply now.

To Women Furthering Their Careers

Make Meaningful Connections With Like-Minded Women
Career
Career

If you're looking to enroll in a business school that prepares you for success and lifts you up at the same time, put Rice Business at the top of your list. Now is the time to take the next step, make meaningful connections with other like-minded women and further your career.

To Women Furthering Their Careers
To Women Furthering Their Careers
Joe Soto, Director of Recruiting

Updated from original post that was published on 01/21/2022.

The Rice Business MBA program has a reputation for lifting our students up while preparing them for success in the business world. Now is your time to take the next step toward your future as a woman in business, make meaningful connections with other like-minded women, and grow your business network.

Why Women Choose the Rice MBA

At Rice Business, we’re committed to you and your goals. We want to see you fulfill your potential as an innovative thinker, a leader in the workplace and a problem solver in the community. With 39% of the full-time class made up of women and 29% of faculty, enrolling at Rice means you’re automatically in good company. From trailblazers in entrepreneurship to mentors in the C-suite, you’ll have the open door treatment and support you need.

MBA Student Opportunities

The Women in Leadership Conference is a student-led event that empowers women in numerous industries. You and your classmates plan and present one of the largest events at the school as part of our flagship recruiting event, Women Preview Weekend. Join the student government or a case competition to make your mark. Learn more about the opportunities and resources we offer to make you feel at home at Rice Business.

Interested in Rice Business?

 

Let some of the rich stories of our students and alumnae illuminate your own. We can’t wait to share yours. Get started and talk to a recruiter today or reach out to our women student ambassadors today.

Stories From Our Students And Alums

Ally Cedeno

Ally Cedeno is working to make the offshore industry more inclusive to women. 

Keyuri Popat, Rice Executive MBA

“One of the things the MBA program has given me is confidence — the feeling that there’s nothing I can’t explore.”

Sophie Randolph Headshot

Full-Time MBA Sophie Randolph's start-up, Green Room, was named one of Poets&Quant's most disruptive.

Raisha Smith

"In the Rice Business MBA program, everyone's learning. I’m learning from my peers; my peers are learning from me. I always appreciate the openness my classmates have to my insights and my experiences as a woman of color.”

""

“For a professional MBA program, I was expecting to come to class, finish my homework, take an exam and get a degree. However, my experience has been much more collaborative on so many levels.”

Casey Sherrod

“I decided to pursue my MBA because I want to bring the knowledge and skills I attain in business school back to the fight as a strategic leader in the Army.”

Owl Have You Know Podcast

Listen to episodes of Owl Have You Know, a podcast by Rice Business Alumni, to learn about more trailblazing women from Rice Business.

Featured Episodes:


SEASON 2, EPISODE 3

Abbey Donnell '17

Abbey Donnell discusses how Rice Business empowered her to start her own company, the women entrepreneurship environment in Houston and how service providers can pivot through the pandemic. 


SEASON 2, EPISODE 1

Patra Brannon-Isaac '11

Patra Brannon-Isaac discusses the process of being admitted to Rice Business, the impact her MBA has had on her career trajectory, and her involvement in diversity, equity and inclusion efforts at the school.


SEASON 1, EPISODE 16

Pranika Sinha '04

Pranika Sinha, Managing Director of Diversity, Equity, Inclusion & Organizational Development at Greystone joins host David Droogleever. Pranika talks about what stops her from hitting the snooze button in the morning, how a sense of belonging factors into diversity and inclusion, and what unconscious bias is and how to recognize it.

Title


  • SEASON 1, EPISODE 14

    Joan Dunlap '02

    Joan Dunlap discusses her experience in the Rice Business MBA program as an engineer, the role of team chemistry in entrepreneurship and how problem-solving plays a role in career satisfaction.


    SEASON 1, EPISODE 8

    Devina Bhojwani '06

    Devina Bhojwani, president and co-owner of IDEA Lab Kids International, talks about her pivot from working at an international offshore drilling contractor to entrepreneurship within the education space. Devina also digs into her reasons for deciding on Rice for her MBA and describes the hidden value of the Rice network.


    SEASON 1, EPISODE 6

    Runsi Sen '04

    Runsi Sen talks about her experience at Rice Business, her transition out of the corporate world and the life circumstances that led her to found an ovarian cancer non-profit foundation, Ovarcome.


    SEASON 1, EPISODE 4

    Julianne Katz '21

    Julianne Katz joined Owl Have You Know during the summer of 2020 to talk about her decision to switch from a career in fine arts in NYC to pursue a graduate degree in business. She talks about what it was like to have to shift from in-person classes to virtual learning during a global pandemic.


    SEASON 1, EPISODE 3

    Karen Crofton '10

    Karen Crofton, Rice Business graduate class of 2010, talks about her journey to entrepreneurship, from engineering school to Rice Business to teaching entrepreneurship at the University of Colorado and her role as an investor in data and financial technology startups.


Explore the Rice MBA

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Outnumbered

Why “mythical numbers” are so enticing — and how they ultimately lead us astray.
Marketing
Strategy
Strategy
Peer-Reviewed Research
Marketing

Why “mythical numbers” are so enticing — and how they ultimately lead us astray. 

Outnumbered RBW
Outnumbered RBW

Based on research by Vikas Mittal

Why “mythical numbers” are so enticing — and how they ultimately lead us astray.

In the 1970s, policymakers routinely cited a widely accepted figure that New York City heroin addicts stole between $2 billion to $5 billion worth of property a year, committing half of all property crimes. City funding was allocated with this figure in mind.

Public policy analyst Max Singer thought those numbers seemed inflated, and in a 1971 paper, “The Vitality of Mythical Numbers,” he sought to debunk them. Singer pointed out that New York City at the time only reported $300 million in theft annually. Some $100 million was auto theft, a crime not typically committed by drug addicts.

Taking into account factors including the number of addicts in New York City, the types of crimes they typically committed and the average dollar value of those crimes, Singer estimated that actual theft by heroin addicts was likely ten times smaller than the oft-cited figure. He lamented that people would “pass on as gospel numbers that have no real basis in fact” and encouraged people to question these so-called “mythical numbers.”

Mythical numbers tend to be of epic proportion and unknown origin — but are accepted as a given. For business leaders, believing in these numbers can be dangerous. When leaders cling to mythical numbers during strategy planning and then use them justify major decisions, including budgeting and spending, they’re doing their business a disservice. Mythical numbers often greatly disrupt the strategy planning process. Yet many executives use them to support their intuitive leaps.

Take, for example, a school district that made a large investment in extracurricular activities. To justify their decision, they cited a study showing that students who participated in sports and music are four times more successful than those who don’t. They claimed that 10 minutes of music a day can improve students’ SAT scores by 15 points and increase their lifetime wages by $800,000. Leaders leaned in to mythical numbers to justify their argument.

While extracurricular activities may indeed be valuable, at the same time, the school failed to meet the minimum academic standards for seven years running. Funds that could have been used for academics were diverted to extracurriculars. Yet leaders continued to use mythical numbers to argue that extracurricular investments would make students more successful. 

In a separate example, an oilfield services company executive latched on to a figure that the oil and gas industry is seven times more likely to have a safety incident than all other leading industries. The executive used that mythical number to make the case for additional safety investments. In reality, however, the company had a good safety record, and company data did not support the additional safety investment. The biggest driver of customer value for that company was after-sales service, something that executives continued to ignore.

The executive team of yet another company wanted to support a core value of employee engagement. To support a new employee engagement initiative, the team presented a mythical number — that more than 80% of CEOs of successful companies believe employee engagement is an organizational imperative. The company pushed ahead with an engagement plan based on that number, incorrectly believing those efforts alone would lead to widespread success.

Mythical numbers typically originate from flashy news headlines and splashy consulting studies. They’re meant to illuminate trends or give a snapshot of an industry. While some mythical numbers can be traced to a specific source, and may even be accurate, others aren’t. Either way, the problem with mythical numbers for executives is that these inflated numbers don’t automatically apply to all businesses. 

All too often, leaders accept mythical numbers as a given and believe they apply to their business. Executives use these numbers as irrefutable evidence to justify their actions without thinking about the numbers’ plausibility or applicability. Blindly following mythical numbers leads to poor strategy planning and bad business decisions and outcomes.

To be successful, executives must counter their tendency to base strategy on mythical numbers. One way to do so, and to improve strategy planning at the same time, is to engage in counterfactual thinking. This type of thinking is a logical approach that involves considering the alternatives and looking at numbers from all possible vantage points. 

Take “More than 80% of CEOs of successful companies believe employee engagement is an organizational imperative,” for example. An executive who comes across this inflated figure might ask themselves: How were companies rated as being successful? How many CEOs were included in the study? And are there successful companies where employees aren’t engaged? 

Upon further analysis and counterfactual thinking, the executive might find that making a larger investment in employee benefits or in marketing or sales, instead of in employee engagement, could in fact result in greater financial success.

To be successful in strategy planning, executives first need to take a step back and put mythical numbers in perspective. Then they must collect and analyze data for their own company rather than assuming that a large number automatically applies to them. Business leaders who can shatter the myth of the mythical number will find their strategy planning is stronger and business outcomes are greatly improved.

In “Focus,” we delve deeply into the problem of mythical numbers and how executives can go about countering these numbers to enhance strategy planning.


Image
Vikas Mittal

Vikas Mittal is the J. Hugh Liedtke Professor of Marketing at the Jones Graduate School of Business and author of “Focus: How to Plan Strategy and Improve Execution to Achieve Growth.” 

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Academic research award: smart ideas with real-world impact

In the Media
Marketing
In The Media

Rice Business professor Vikas Mittal and his coauthors are among the winners of the Financial Times' Responsible Business Education Awards for their research paper that explored ways to improve liver cancer outcomes by drawing on digital and marketing expertise.

Rice Business Executive Education Vikas Mittal
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Meet Brandon Johnson, MBA '22

Student Stories
Student Stories
Diversity
Brandon Johnson on a couch
Brandon Johnson on a couch

Why did you choose Rice Business?

Rice Business is in the center of a world-class city booming in innovation and entrepreneurship. Choosing Rice was an essential step toward the actualization of my professional objectives. While earlier experiences equipped me, a Rice education served as the launching pad I need to understand international and cross-functional level business complexities. The school’s approach of cultivating intuition through courses in highly sought-after areas (such as Strategy in Technology Ecosystems) and other stages of the entrepreneurial process will help build my managerial and entrepreneurial acumen. Rice’s emphasis on limited class size brings a fantastic opportunity to interact with intelligent peers, world-renown faculty, and industry-leaders.

What are you most proud of from your time at Rice Business?

Participating in the OwlSpark accelerator was a life-changing experience that will forever elevate my business/startup acumen. The summer program challenged me to take my start-up from ideation to launch. In the program I was able to perform customer interviews, obtain advice from mentors, hear from current entrepreneurs, and other professionals in the startup ecosystem, who all helped shape my way of thinking about customers and scaling a business. 

How has your Rice helped you in your career?

Rice Business’ #1 ranking in entrepreneurship is no coincidence. I came into this program as a small business owner and through multiple courses that introduces different routes of entrepreneurship, I realized I no longer wanted to be a “builder” going through the traditional startup journey, but an “opportunist” that wants to buy an existing business. While the buying process seems overwhelming, the professors were instrumental in guiding me through the selection, due diligence and transition processes via “hands on” experiences in and outside the classroom. Access to co-curricular resources such as the Lilie Lab – bringing entrepreneurs, innovators, and venture capitalist from various industries, offered opportunities to learn trailblazing practices and expand my professional network.

What advice would you give prospective students who are considering an MBA?

While business school could very well be the best next step, it is critical to engage in introspection — delving into the costs and benefits of an MBA. Doing so will help to clarify and ensure you can reap the rewards of whichever decision you make. Two questions an applicant should ask themselves when considering the MBA application Journey:

  • What are your career goals?
    • Connect the dots between what you have done in the past and what you would like to do in the future. While doing this, think about how an MBA fits into the picture (and how to use your existing professional network and future school network to help in this effort).
  • What type of experience do you want from your B-School experience?
    • Do you want the knowledge, skills, resources, and/or network? There is no general “right” answer – only what best fits your needs. As an example, I started my career as a small business owner with a business development background, but I knew I wanted to integrate technology into my firm and understand how to navigate the startup ecosystem. As an entrepreneur looking to pivot into venture capital, I acquired new skills and the cross-functional knowledge that I gain in business schools – in disciplines such as strategy, finance and operations – has been priceless. I was able to reach out to classmates and alumni for advice and be introduced to professionals who have been instrumental in my career pivot. 

What do you think organizations should do better to build a diverse, equitable and inclusive environment?

Rice should engage in data collection and analysis to determine the need for change. Secondly, design and implement a strategy alongside current faculty, staff and alumni to match university objectives. Lastly, evaluate and audit the plan. 

What suggestions do you have to work with allies within the workplace or at school?

Allies need to be educated and trained on microaggressions. Specifically, how they can intervene in the moment – this is a crucial part of allyship. But in addition to intervening, learn how to support people who experience microaggressions, systemic inequities and other barriers to opportunity. One way to combat microaggressions is providing “microafffirmations” where an ally can affirm someone’s identity; recognize and validate their experience and expertise; build confidence; develop trust; foster belonging; and support someone in their career. Microaffirmations can help mitigate and disrupt the harmful effects of historical oppression, systemic inequity, cultural marginalization and personal biases (Melinda Epler, 2021).

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Programs

Here in the heart of America’s most diverse city, the Jones Graduate School of Business at Rice seeks, values and champions students from a range of backgrounds.

Woman standing outside
Admissions

The research shows it: the best business decisions are informed by a multitude of perspectives. If you're looking for a business school where you will be taken care of, taken seriously, where you can be who you are and the person you want to become, apply to Rice Business.

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Meet Mark Watson, MBA '23

Student Stories
Student Stories
Diversity
Mark Watson Headshot
Mark Watson Headshot

Why did you choose Rice Business?

Aside from my outstanding experience at Rice University’s Diversity Preview Weekend, the stature of Rice’s Real Estate and Entrepreneurship programs played a significant part in my decision to apply to – and ultimately choose – Rice. As someone who aspires to make a transition into commercial real estate development and eventually start his own development firm, I wanted to be submersed in an environment that would regularly expose me to industry leaders so that I could learn how to not only start my own venture, but also scale it to a level of sustained success and impact in the communities that I hope to serve.

What are you most proud of from your time at Rice Business?

My proudest moment as an MBA student thus far has been successfully juggling external real estate opportunities while also being a Full-Time MBA candidate. Although being in business school is a demanding endeavor, with intentional prioritization and planning I’ve learned that you can leverage your MBA network to also explore auxiliary prospects that can exponentially transform your career and/or entrepreneurial trajectory. 

How has your Rice helped you in your career?

Rice immediately transformed my career trajectory by showing me the true power of a network. Prior to my business school experience, I was aware that one’s network could be of value, but I never truly understood the magnitude of that notion until stepping foot at Rice Business. From the various diversity networks that I am a part of (Toigo, Consortium, Management Leadership for Tomorrow) to being surrounded daily by such dynamic and successful colleagues at the business school who hold powerful connections from their past lives; I know that at any point in time I am only one or two connections away from reaching anyone of influence.

What advice would you give prospective students who are considering an MBA?

Although most will prioritize the quantitative aspect of the MBA admissions process when soliciting advice (ex. GMAT), the qualitative component of one’s candidacy to Rice Business is also of utmost importance. Rice Business prioritizes authentic individuals who seek to make impact through a collaborative work style and who are genuinely excited about Rice and all it encompasses. Those seeking admission into the Jones Graduate School of Business should be sure to refine their “why,” regarding not only their desire to enroll in a Top-25 business school but Rice in particular. In doing so, I’d recommend providing examples in your application highlighting life experiences that are unique, genuine and that can attest to your motivations for attending business school and this institution specifically. By refining your “why,” a candidate not only furthers their application, but also now has a motivational goal post to reference when enduring a rigorous course load throughout their matriculation. 

What do you think organizations should do better to build a diverse, equitable and inclusive environment?

One simplistic, but dynamic change that organizations can do to better build a diverse, equitable and inclusive organization is to fundamentally shift the order in which they prioritize the three elements of diversity, equity and inclusion to make sure that equity stands at the forefront. Organizations can accomplish this by first acknowledging that societal inequities exist within their firm – unintentionally or not – then clearly outlining motivations and establishing concrete goals; attempts for diversity and inclusion will be more sustainable and accepted at a higher clip within their organization with a well-established foundation. 

What suggestions do you have to work with allies within the workplace or at school?

Working with allies requires unfiltered and authentic safe spaces for communication. Only by creating a safe haven for idea generation, sharing of experiences and goal dissemination can the mission of the group and their allies be accomplished. 

In addition, allies should be treated as equal-bodied constituents whose opinions are valued and not belittled due to their “ally” status. When allies are treated as equals, they possess an added level of commitment and responsibility to the cause, above and beyond what they would have had if thought of as simply an accessory to a mission. 

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Programs

Here in the heart of America’s most diverse city, the Jones Graduate School of Business at Rice seeks, values and champions students from a range of backgrounds.

Woman standing outside
Admissions

The research shows it: the best business decisions are informed by a multitude of perspectives. If you're looking for a business school where you will be taken care of, taken seriously, where you can be who you are and the person you want to become, apply to Rice Business.

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Meet Jonathan Howard, MBA '23

Student Stories
Student Stories
Diversity
Jonathan Howard Headshot
Jonathan Howard Rice Sign

Why did you choose Rice Business?

I chose Rice Business as a 12th grader at Yates High School here in Houston. After attending MLT in the Anderson Family Commons that year, I knew that Rice Business was the best program in my favorite city and one of the very best in the world. I never doubted that this program would be the most efficient and effective path to my goals.

What are you most proud of from your time at Rice Business?

So far, I am most proud of the way I’ve been stretched beyond my known capacities while also leveraging my strengths. I’m also most proud of the relationships I’ve built with some incredible classmates and schoolmates.

Image
Jonathan Howard Rice Sign

How has your Rice helped you in your career?

Rice Business has helped to give my career some direction and a more strategic plan. Before Rice Business, I knew what I wanted my end result to be. Now, I know exactly how to get there.

What advice would you give prospective students who are considering an MBA?

Don’t think about it. Just go for it. It’s worth every moment and any penny you may invest. The relationships and the type of learning that occurs cannot be achieved anywhere else. What the experience means for your future is both invaluable and incalculable.

What do you think organizations should do better to build a diverse, equitable and inclusive environment?

Image
Jonathan Howard Podium

It is impossible to build a diverse, equitable and inclusive organization and culture in one day, one month or one year. A great start would be for organizations to develop and implement comprehensive S.M.A.R.T. (specific, measurable, actionable, relevant and time-based) plans to ensure equity, diversity and inclusivity in leadership and decision-making. That is the only way to infuse those attributes into their organizational DNA.

What suggestions do you have to work with allies within the workplace or at school?

Make as many allies as possible by being the best ally you can be at school and in the workplace. Allies are the best way to maximize your chances of accomplishing your goals respectively and collectively.

Do you have any other comments or anecdotes you would like to share?

Being a member of one of the largest classes of African Americans to enter Rice Business is truly an honor. It is a testament to the school’s commitment to diversity, and it is sure to reap dividends. I look forward to helping the program continue that commitment and to adding to the legacy that continues to be built.

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Here in the heart of America’s most diverse city, the Jones Graduate School of Business at Rice seeks, values and champions students from a range of backgrounds.

Woman standing outside
Admissions

The research shows it: the best business decisions are informed by a multitude of perspectives. If you're looking for a business school where you will be taken care of, taken seriously, where you can be who you are and the person you want to become, apply to Rice Business.

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Look Before You Leap

When business leaders make assumptions, they may overlook key factors driving desired outcomes. 
Marketing
Customer Management
Customer Management
Peer-Reviewed Research
Marketing

When business leaders make assumptions, they may overlook key factors driving desired outcomes. 

Man jumping off a rope swing
Look Before You Leap RBW

Based on research by Vikas Mittal

When business leaders make assumptions, they may overlook key factors driving desired outcomes.

Life is full of intuitive leaps. Whenever we make a judgment or choice based on past experience, limited examples or case studies, we make assumptions to fill in the gaps in our knowledge. 

Consider someone who wants to lose weight. They might assume they only need to exercise for the pounds to disappear. They attribute 100% of weight loss to exercise, when in reality physical activity isn’t the only variable to consider. Instead, multiple factors could be at play, including diet, lack of sleep or even an underlying health condition. 

When you make intuitive leaps, you may wrongly attribute success to a single factor, when in fact many different factors may be driving an outcome. In this case, making an intuitive leap rather than considering all the factors may not lead to the desired outcome: significant weight loss.

It’s the same in business, where intuitive leaps run rampant. All too often, executives make intuitive leaps that end up derailing their strategy planning and negatively impacting business operations.

Take, for example, executives at the nursing homes we studied while researching “Focus.” The nursing homes were experiencing high employee turnover they needed to correct. After speaking with a few dozen employees, executives thought that higher pay would cut back on turnover. They had made an intuitive leap, assuming that pay was the sole driver of turnover. 

When executives stopped relying on intuitive leaps, they discovered many different factors causing turnover. They started to identify, analyze and prioritize these factors, which included promotion opportunities, respect from supervisors, flexible schedules and access to health insurance. Ultimately, they were successful at reducing turnover — and not by increasing pay. Had they relied on their intuitive leap, they would have spent money raising wages with no reduction in employee turnover.

Other businesses struggle with intuitive leaps, too. Often, the problem is that individual departments believe their lever is 100% responsible for solving a certain problem, such as lackluster sales. An HR executive might believe that to increase sales, the right solution is to get frontline employees more engaged. A sales executive, however, is adamant that the company has to hire more salespeople or adjust pricing. Someone in charge of product development might say product quality needs to be improved. The chief marketing officer may believe advertising will lift sales.

Intuitive leaps are unhelpful to strategic planning. In fact, they often lead to increased silos within a company. CEOs exacerbate this siloing tendency when they call for presentations from executives across departments on how they would contribute to strategy. 

To stop making intuitive leaps, executives must accept that their department alone can’t fully inform or deliver a company’s strategy. They must realize and embrace the fact that multiple factors are almost always at play.  This requires humility and the ability to look beyond their own department. 

For executives, the first step is to identify all factors driving a company’s strategic goal — say, increasing sales. Factors impeding sales might include having too lean a sales team, a low-quality product, an inadequate marketing campaign or even lack of distribution. 

Next, executives need to determine the relative weight of each factor in impacting sales. That’s where statistics come into play. Relying on statistical analysis rather than intuitive leaps tells executives how much weight each factor has in driving sales. To build a sound strategy, executives can rank the factors and focus their strategy on the top two or three. Almost always, the top two or three factors drive 70-80% of customer value. 

Decades of research have shown how these types of statistical models are better than humans at capturing and quantifying how multiple inputs connect to and inform an output. Used correctly, they can also get rid of intuitive leaps.

In one study, doctoral program admissions committee members used inputs like test scores and grade point averages to select students. Years later, when predicting students’ success, researchers compared experts’ assessments to that of a statistical model. 

The model better predicted success. It assessed the data in an unbiased way, while committee members selected candidates based on intuitive leaps, bringing their idiosyncrasies and biases to bear. It’s these types of models that make for effective corporate strategy.

Microsoft is a prime example of a company with leaders that consider multiple variables with an eye for prioritizing ones that drive customer value. Prior to 2014, when CEO Satya Nadella took the helm, CEO Steve Ballmer’s acquisition strategy was seen as more reactive than proactive. Nadella’s approach to acquisition was more “forward-thinking,” and he added to the company’s focus on the cloud and subscription services. He focused on providing tangible benefits to Microsoft’s customers.

Berkshire Hathaway CEO Warren Buffet does this, too. When Buffet bought California-based candy maker See’s Candies, he rightly understood that the quality of the company’s chocolates mattered. But it’s not the only factor at play. 

Unlike some executives who would make an intuitive leap that the chocolate drove 100% success, Buffet has the humility to understand the company’s success depends on much more than how its chocolates taste. Buffet knows a huge driver of customer value is people’s experience inside See’s stores. 

“In the weeks before Christmas and on Valentine’s Day, there are long lines. So at 5 o’clock in the afternoon, some woman is selling the last person the last box of candy, and that person’s been waiting in line for 20 or 30 customers. If the salesperson smiles at that last customer, our moat is widened,” he said in remarks to MBA students, referring to the company’s competitive advantage. “And if she snarls at him, our moat is narrowed… That’s the key. The total part of the product delivery is having everything associated with it say See’s Candy and something pleasant happening.” 

Buffet prioritized experience along with the quality of the chocolates, and he continues to do so. Since he bought See’s, the company has grown from $30 million in annual revenue to several hundred million. Humility enabled him to get rid of his intuitive leap and that drove success.

In “Focus,” we delve into exactly how executives can shift to a science-based approach to strategy to grow their business.


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Vikas Mittal

Vikas Mittal is the J. Hugh Liedtke Professor of Marketing at the Jones Graduate School of Business and author of “Focus: How to Plan Strategy and Improve Execution to Achieve Growth.” 

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Meet Patrick Okorafor, MBA '23

Student Stories
Student Stories
Diversity
Patrick Okorafor Headshot
Patrick Okorafor Headshot

Why did you choose Rice Business?

Being a native Houstonian, I have known about the prestige of Rice University since elementary school. In my 5th grade memory book, I was asked where I would be after graduating high school, and I said, “at Rice University playing Football.” Even though that dream did not come to fruition, when I started looking at MBA programs, I already knew Rice would be at the top of the list. Once I visited the campus and spoke with admissions representatives and students, I was sold on the culture. Rice has an elite entrepreneurship program, small classes – and a small cohort that allow you to really connect. The familial culture permeates throughout the school, and it is in one of the most diverse cities in the U.S.

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Patrick Okorafor in Library

What are you most proud of from your time at Rice Business?

I am proud of the way Rice students help to support each other. I have seen students unofficially tutor one another in courses they were familiar with and help each other prepare for case interviews, review resumes, cover letters and elevator pitches. I have also seen the applicable student organizations do everything in their capacity to help incoming students prepare for the recruiting process.

How has your Rice helped you in your career?

Rice has already helped tremendously with my career. Shortly after acceptance, Margaret Kazibwe, former Rice Business admissions, provided me with an opportunity to apply to the Consortium. After being accepted, I was able to attend the Consortium conference over the summer. Through the conference and with the help of the Rice Career Development Office, I was fortunate enough to receive multiple internship offers before I even started the program.

What advice would you give prospective students who are considering an MBA?

DO IT!! 

In all seriousness though, attending Rice is one of the best decisions I’ve made. You develop a new skillset and build a network that will follow you the rest of your career. I feel like I am constantly having stimulating and enjoyable conversations because I am surrounded by like-minded individuals with great personalities. We are all working towards a common objective while offering support and advice to each other. I would advise prospective students to just start the application. From there, they can reach out to the admissions office and current students to develop a better understanding of the school. Once they receive a decision letter, they can further evaluate whether they want to pursue the opportunity. I feel like a lot of prospective candidates talk themselves out of applying. In doing this, many decide against an MBA and limit themselves before even trying. I would advise that it is better to have the letter in hand and to be fully informed when making that final decision than to decide before even beginning the process.

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Patrick Okorafor at podium

What do you think organizations should do better to build a diverse, equitable and inclusive environment?

I believe there are a few things organizations can do to build a diverse, equitable and inclusive organization. First, they need to develop opportunities that allow for diverse representation within the leadership of the organization. Second, they need to implement processes that not only recruit, but help to retain diverse candidates. Finally, I feel that it is crucial for asset management firms (i.e., venture capital and private equity) to develop investment criteria to fund diverse founders. Through this investment, we will have more organizations owned and operated by diverse entrepreneurs, providing representative examples of achievement and an even higher probability of opportunities for diverse candidates.

Do you have any other comments or anecdotes you would like to share?

“The best way to not feel hopeless is to get up and do something. Don’t wait for good things to happen to you. If you go out and make some good things happen, you will fill the world with hope, you will fill yourself with hope.” – Barack Obama

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Here in the heart of America’s most diverse city, the Jones Graduate School of Business at Rice seeks, values and champions students from a range of backgrounds.

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Meet Crystal Tomdio, MBA '23

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Student Stories
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Crystal Tomdio Headshot
Crystal Tomdio Posing

Why did you choose Rice Business?

Prior to Rice, most of my educational and professional experiences have been within large institutions where it is often times difficult to have a voice and meaningful impact. To change that narrative, I chose to pursue my MBA at Rice. Given the smaller class sizes, collaboration and diverse community, I knew Rice would be perfect for me. In fact, the diverse community Rice has built has allowed me to be my authentic African-American self.

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Crystal Tomdio Posing

What are you most proud of from your time at Rice Business?

I have a lot to be proud of and most times I don’t give myself enough credit because of how much more I know there is to be done. To count my flowers, however, I will say I am proud of the job offers I received since being admitted to Rice, and I am proud of the work I am currently doing with the Consortium as a first-year rep to bring even more diversity to Rice! 

How has your Rice helped you in your career?

The Career Development Office has been extremely helpful in helping me navigate my career pivot, but the Rice network – or family, as I like to call it – has helped me tremendously on my journey to Rice and during my time here. The network is extensive and always willing to help in whatever way they can. Talking to alums in the industry about their MBA journey and careers has been enlightening and helped me carve out my goals and aspirations in the field. 

What advice would you give prospective students who are considering an MBA?

The MBA journey is very much one of re-discovering oneself and truly being honest with what impact you want to have on the world. That said, do not take it lightly. Allow yourself to go through the process and get clarity along the way. When done right, it is a very rewarding path. Do not doubt yourself because you belong wherever it is you want to go. Last but not least, be intentional. Write down what it is you want to get out of an MBA and go where you can accomplish that.  

What do you think organizations should do better to build a diverse, equitable and inclusive environment?

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Crystal Tomdio Podium

Organizations first need to truly understand why diversity is important and see its value in a community. It’s not about satisfying a quota but seeing value in every human being and breaking societal norms and biases. To build diverse, equitable and inclusive organizations, they need to be conscious of where their weaknesses lie and have active plans set in place to evolve. These plans do not stop at recruiting diverse talent but ensuring safe environments to keep and promote diverse talent.

What suggestions do you have to work with allies within the workplace or at school?

The beauty of the MBA at Rice is the opportunity to learn firsthand about biases different groups go through. They are highlighted within our circles and in the classroom so that as leaders of tomorrow, we do not fall into the patterns of the past. As an ally, LISTEN to the concerns of others and learn. Understand boundaries with other groups and speak up for others when needed. 

Do you have any other comments or anecdotes you would like to share?

In honor of Black History Month, I’d like to recognize the Black Business Student Association (BBSA) which has created a community within a community for Black MBA students. Representation as we know is vital in any organization; the BBSA has created a safe space and constantly enforced the importance of our presence on Rice campus. They truly are Black Excellence. 

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Meet Ashley Henry, MBA '22

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Ashley Henry, Rice Full-Time MBA
Ashley Henry at Internship

Why did you choose Rice Business?

I chose Rice Business because I felt I would be supported in my MBA experience. I knew the stellar reputation, small class size, ample financial aid and focus on entrepreneurship would provide the foundation I needed to successfully launch the next chapter of my career. 

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Ashley Henry at Internship

What are you most proud of from your time at Rice Business?

I am proud of the fact that I will be one of the first alum to enter the Luxury Goods industry. I accomplished my main goal when entering business school which was to secure a product development internship and a full time offer at a beauty company in New York City. After an amazing summer internship, I will be moving to NYC following graduation to work for a leading company in the Luxury Goods sector as a Product Development Manager. I look forward to the opportunity to create a pipeline for future Owls who come after me that are interested in beauty, fashion and luxury goods, as that is an extremely underrepresented student demographic at Rice Business. I hope to encourage others to pursue more unconventional paths with your MBA. My MBA journey has led me to my dream opportunity, so I believe it is possible for other people as well. While there were times I felt somewhat isolated and misunderstood due to how unique my experience has been, ultimately I feel like a trail blazer and am extremely proud of what I have been able to accomplish throughout my time at Rice Business. 

How has your Rice helped you in your career?

My time at Rice Business has fueled my passion for business strategy and has helped me to recognize the broad applications of that skillset. Additionally, being from a top tier program like Rice has enabled me to have extremely meaningful conversations in my industry of interest. People are very receptive to students at top MBA programs so I am thankful to have the Rice name supporting me. 

What advice would you give prospective students who are considering an MBA?

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Ashley-Henry-Feature

If you are interested in pursuing an MBA do your research, put in the work, and most importantly, believe in yourself. Even if you believe you have an unconventional professional background like myself (I was a hairstylist before business school), what matters most is you believing you belong in an MBA program, and how you communicate your belief that an MBA fits into your unique story. 

What do you think organizations should do better to build a diverse, equitable and inclusive environment?

I believe that diversity training is an extremely important first step for organizations. There must be a space to facilitate uncomfortable conversations. Additionally, inclusivity is the most important element of diversity, equity and inclusion. Without ensuring diverse members of an organization are included in an equitable manner, there is no point!

What suggestions do you have to work with allies within the workplace or at school?

Identifying and aligning around a common goal is always the best way to begin when working with others. Whether that goal be directly related to workplace tasks or related to ethical concerns, that must be the starting point for any fruitful collaboration.

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Ashley Henry and club members on stairs

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