Commencement Speakers Encourage Grads to Change the World

Business schools pay much lip service to diversity and the importance of thinking outside the box. Lord Browne of Madingley, a 1981 M.S. graduate of Stanford Graduate School of Business and former CEO of BP, put into words for his alma mater what diversity means to each individual.

“Being different is a strength, while conformity is not,” he said. “Difference is what the world expects of every Stanford GSB graduate. It expects you to challenge the norms rather than to obey them. It expects you to be yourselves and reshape the world.”

Daymond John, founder of FUBU clothing, marketing and branding expert, and judge on TV’s Shark Tank, provided the graduates of University of Michigan Ross School of Business with a “three things” lesson on chasing startup dreams.

“One, continue to set those goals. The only way you will find success is by setting goals. Two, continue to do your homework. You will understand your assets and liabilities. Your assets are what feed you. Your liabilities are what eat you. Keep learning goals instead of earning goals. Three, you are your brand. Describe yourself in two to five words. On Shark Tank, we don’t invest in companies. We invest in people,” he said.

Patrick Awuah was a Class of 1999 graduate of the University of California Haas School of Business’ MBA program. He came to Haas with the goal of developing a university in his home nation of Ghana to educate his people and help lift the country. He began planning as a student, and classmates, professors, and administrators continue to help him today. Now, he is the founder and president of Ashesi University in Ghana.

Truly, Awuah wanted grads to comprehend the importance of struggle and how that will shape them as leaders. “Be willing to accept the lessons that your work and life will teach you moving forward,” he said. “You will soar. You will stumble sometimes, but you will recover stronger and wiser.”

Not surprisingly, failure was a theme often visited at commencement 2019. Jonathan Gray, president and COO of the asset management firm Blackstone Group, told the University of Pennsylvania's The Wharton School graduates that the failure, humiliation, and rejection he experienced as an aspiring high school basketball player, and when trying to date his now wife served him well.

“We’re all given gifts in life,” said Gray. “Some, like a Wharton degree and the opportunity it offers, are obvious. But others we can’t see clearly at the time. These are hidden gifts and what we do with them make all the difference.” For him, those failures provided a competitive drive and desire to prove himself over and over again.

One of the greatest challenges for business graduates is getting people to believe in them again. Harvard Business School Dean Nitin Nohria called on graduates to take action.

“We’re relying on you to restore society’s trust in business and its leaders,” he said. “People are inspired by those who demonstrate courage, people who are more interested in others than themselves, by those who are motivated by a cause that is larger than their own organizations.”

Sure, this may sound like a cliché. However, the speakers of 2019 are telling graduates to go for moonshots, to save the planet, to change the world. That kind of challenge requires leaders with guts and a thick skin. Sometimes, even they need a reminder to just keep going.

“The sky isn’t the limit,” said Astronaut Sandra Magnus, who spoke at the Georgia Tech Scheller College of Business commencement. “Trust me, I know.”