17Mintzberg, Managers Not MBAs, p. 119.
18http://www.mintzberg.org/blog/harvard-19.
Chapter 53: The Microsoft of Business Schools
1David Leonhardt, “California Dreamin’; Harvard Business School Adds Silicon Valley to Its Syllabus,” New York Times, June 18, 2000.
2http://www.infoplease.com/ipa/A0193167.html.
3Stuart Crainer and Des Dearlove, Gravy Training: Inside the Business of Business Schools (San Francisco: Jossey-Bass, 1999), p. 37.
4Caroline Winter, “God’s MBAs: Why Mormon Missions Produce Leaders,” Bloomberg BusinessWeek, June 9, 2011.
5“The Mormon Way of Business.” The Economist, May 5, 2012.
6Louis Lavelle, Geoff Gloeckler, and William Symonds, “The Dean’s List at Harvard B-School,” BusinessWeek, June 26, 2005.
7Francesca Di Meglio and William Symonds, “Harvard’s Case Study in Surprise.” BusinessWeek, June 5, 2005.
8Louis Lavelle, Geoff Gloeckler, and William Symonds, “The Dean’s List at Harvard B-School,” BusinessWeek, June 26, 2005.
Chapter 54: The Men Who Would Be President
1William Deresiewicz, Excellent Sheep: The Miseducation of the American Elite and the Way to a Meaningful Life (New York: Free Press, 2015), p. 227.
2Joel Bakan, The Corporation: The Pathological Pursuit of Profit and Power (New York: Free Press, 2005), p. 99.
3Ibid., p. 97.
4Gerald F. Davis, “Corporate Power in the 21st Century,” in Subramanian Rangan, ed., Performance and Progress: Essays on Capitalism, Business, and Society (Oxford, U.K.: Oxford University Press, forthcoming).
5http://www.harbus.org/2012/harbus-survey-65-of-hbs-students-choose-obama-32-romney/.
6Benjamin Wallace-Wells, “The Romney Economy.” New York, October 23, 2011.
7http://www.businessweek.com/articles/2012–03–29/the-secret-to-mitts-success-harvard.
8http://www.nytimes.com/2011/12/25/us/politics/how-harvard-shaped-mitt-romney.html.
9http://nymag.com/news/politics/mitt-romney-2011–10/.
10http://www.washingtontimes.com/news/2015/jun/12/mitt-romney-assails-nyt-overstory-marco-rubios-fi/.
11Philip Rucker, “How Much Money Is Behind Each Campaign?,” Washington Post, August 11, 2011.
12http://nymag.com/news/politics/mitt-romney-2011–10/.
13http://www.businessinsider.com/ackman-i-would-do-anything-to-get-this-guy-elected-2015–10.
14Matthew Stewart, The Management Myth: Why the Experts Keep Getting It Wrong (New York: Norton, 2009), p. 9.
15http://www.bloombergview.com/articles/2016–03–07/the-2016-election-risk-that-michael-bloomberg-won-t-take?mod=djemCMOToday.
Chapter 55: The Shame: Jeff Skilling
1Hal Higdon, The Business Healers.(New York: Random House, 1969), p. 196.
2Bethany McLean and Peter Elkind, The Smartest Guys in the Room: The Amazing Rise and Scandalous Fall of Enron (New York: Portfolio, 2003), p. 71.
3Tom Peters, interview by author, July 27, 2010.
4McLean and Elkind, The Smartest Guys in the Room, p. 31.
5Kurt Eichenwald, Conspiracy of Fools: A True Story (New York: Broadway Books, 2005), p. 52.
6McLean and Elkind, The Smartest Guys in the Room, p. 226.
7Denis Collins, Behaving Badly: Ethical Lessons from Enron (Indianapolis: Dog Ear, 2006), p. 32.
8McLean and Elkind, The Smartest Guys in the Room, p. 28.
9Michelle Celarier, “The Lowdown on McKinsey,” Euromoney, July 1996.
10Wendy Zellner, “Online Extra: Q&A with Enron’s Skilling,” BusinessWeek.com, February 12, 2001.
11Marie Brenner, “The Enron Wars,” Vanity Fair, April 2002.
12William G. Flanagan, Dirty Rotten CEOs: How Business Leaders Are Fleecing America (New York: Citadel Press, 2003), p. 66.
13HBS Case Study N9–700–079, Cambridge, MA, Harvard Business School Publishing, August 14, 2000.
14http://www.cfo.com/printable/article.cfm/3008890.
15Daniel Altman, “New Economy; Many Think That Enron’s Business Model for Virtual Trading Remains Sound Despite the Company’s Problems,” New York Times, January 28, 2002.
16http://www.cfo.com/printable/article.cfm/3008890.
17Krishna Palepu and Paul Healy, “The Fall of Enron,” Journal of Economic Perspectives 17, no. 2 (Spring 2003): 3–26.
18https://hbr.org/product/broken-trust-role-of-professionals-in-the-enron-debacle/an/903084-PDF-ENG.
19Robert Bryce, Pipe Dreams: Greed, Ego, and the Death of Enron (New York: PublicAffairs, 2003), p. 269.
20http://www.theguardian.com/education/2002/feb/04/internationaleducationnews.highereducation.
21William Deresiewicz, Excellent Sheep: The Miseducation of the American Elite and the Way to a Meaningful Life (New York: Free Press, 2015), p. 227.
22http://chronicle.com/article/Agents-of-Fortunes/31834.
Chapter 56: The High Art of Self-Congratulation
1http://www.nytimes.com/1983/09/17/business/tylenol-s-rapid-comeback.html.
2David W. Ewing, Inside the Harvard Business School (New York: Crown, 1990), p. 266.
3http://knowledge.wharton.upenn.edu/article/tylenol-and-the-legacy-of-jjs-james-burke/.
4Interview with author, July 2014.
5Laurence Shames, The Big Time: Harvard Business School’s Most Successful Class—and How It Shaped America (New York: HarperCollins, 1986), p. 169.
6http://www.cbsnews.com/news/maker-of-kids-tylenol-pleads-guilty-over-metal-particles/.
Chapter 57: The Loyalty Program
1Louis Lavalle, “Harvard Business School’s Half-Million-Dollar Man,” Bloomberg BusinessWeek, May 17, 2013, p.
2http://www.bloomberg.com/news/articles/2015–12–11/brazil-s-epic-scandal-takes-down-a-banker.
3http://fortune.com/sony-hack-part-1/.
Chapter 58: The CEO Pay Gap
1New York Times, Dana Canedy, “Arch Patton, 88; Devised First Survey of Top Executives’ Pay,” November 30, 1996.
2Wallace Donham, letter to the president of Harvard, 1938–39, p. 276.
3Sorapop Kiatpongsan and Michael I. Norton, “How Much (More) Should CEOs Make? A Universal Desire for More Equal Pay,” Perspectives on Psychological Science 9, no. 6 (2014): 587–93.
4Michael I. Norton and Dan Ariely, “Building a Better America—One Wealth Quintile at a Time,” Perspectives on Psychological Science 6, no. 9 (2011): 9–12.
5Thomas Piketty and Emmanuel Saez, “Income Inequality in the United States, 1913–1998 (series Updated to 2000 Available),” working paper, National Bureau of Economic Research, September 2001, http://www.nber.org/papers/w8467.
6Liam Murphy, “Why Does Inequality Matter? Reflections on the Political Morality of Piketty’s Capital in the Twenty-First Century,” Tax Law Review, April 1, 2015, https://www.highbeam.com/doc/1P3–3831048851.html.
7Gerald F. Davis, “Corporate Power in the 21st Century,” in Subramanian Rangan, ed., Performance and Progress: Essays on Capitalism, Business and Society (Oxford, U.K.: Oxford University Press, forthcoming).
8“At the Center of Corporate Scandal Where Do We Go From Here?,” HBS Working Knowledge, March 16, 2003, http://hbswk.hbs.edu/item/at-the-center-of-corporate-scandal-where-do-we-go-from-here.
9“Long-Term Value Creation Principles,” Aspen Institute, accessed January 27, 2016, http://www.aspeninstitute.org/policy-work/business-society/Corporate-Values-Strategy-Group-Curbing-Short-Termism/Long-Term-Value-Principles.
10Suzanne Mettler, “From Pioneer Egalitarianism to the Reign of the Super-Rich: How the U.S. Political System Has Promoted Equality and Inequality over Time,” Tax Law Review, April 1, 2015, p. 606.
11Walter Kiechel, “The Management Century,” Harvard Business Review, November 2012, accessed July 29, 2015, https://hbr.org/2012/11/the-management-century.
12Barbara Kellerman, The End of Leadership (New York: HarperBusiness, 2012), p. 117.
13Graham Kenny, “How Boards Can Rein in CEO Pay,” Harvard Business
Review, December 1, 2014, https://hbr.org/2014/12/how-boards-can-rein-in-ceo-pay
14Thomas Piketty, Emmanuel Saez, and Stefanie Stantcheva, “Optimal Taxation of Top Labor Incomes: A Tale of Three Elasticities,” working paper, National Bureau of Economic Research, November 2011, http://www.nber.org/papers/w17616.
15Sureyya Burcu Avci, Cindy A. Schipani, and H. Nejat Seyhun, “Ending Executive Manipulations of Incentive Compensation,” Journal of Corporation Law, forthcoming; Ross School of Business Paper No. 1305.
16http://usatoday30.usatoday.com/money/economy/2008–06–15–354405217_x.htm.
Chapter 59: A Decade in Review: 2000–2009
1Philip Delves Broughton, What They Teach You at Harvard Business School: My Two Years Inside the Cauldron of Capitalism (London: Penguin Books, 2009), p. 285.
2Ibid., p. 288.
3Stefan Stern, “A Health Check for Harvard,” Financial Times, October 20, 2008.
4http://www.npr.org/templates/story/story.php?storyId=103719186.
5http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877344,00.html.
6Celarier, Euromoney, July 1996.
7“Harvard B-School Dean Jay Light Stepping Down,” Bloomberg, December 2, 2009, http://www.bloomberg.com/bw/stories/2009-12-02/harvard-b-school-dean-jay-light-stepping-down.
8http://www.hbs.edu/centennial/businesssummit/past-present-future/harvard-and-hbs-the-next-100-years.html.
9Kelley Holland, “Is It Time to Retrain Business Schools?,” New York Times, March 14, 2009, p. BU1.
10Lawrence E. Mitchell, “Financialism: A (Very) Brief History,” SSRN Scholarly Paper, Rochester, NY, Social Science Research Network, August 9, 2010, http://papers.ssrn.com/abstract=1655739.
11Allan Freed and Dave Ulrich, “Calculating the Market Value of Leadership,” Harvard Business Review, April 3, 2015, https://hbr.org/2015/04/calculating-the-market-value-of-leadership.
12Jay O. Light, “Change Is in the Offing,” Harvard Business Review, May 7, 2009, https://hbr.org/2009/05/change-is-in-the-offing.
13Holland, “Is It Time to Retrain Business Schools?” p. BU1.
14Peter Schmidt, “As Wall Street Shudders, Business Schools Rethink Curricula,” Chronicle of Higher Education 55, no. 6 (October 3, 2008).
15David Champion, “An MBA’s Defense of His MBA,” Harvard Business Review, March 20, 2009, https://hbr.org/2009/03/in-defense-of-the-mba.
Chapter 60: The Next Generation
1Erin Zlomek, “HBS Professor Brings Jay-Z, Lady Gaga to the Classroom,” Bloomberg, April 25, 2013.
2Akane Omani, “Business Professors Finally Get Serious About Studying Beyoncé,” Bloomberg, September 26, 2014.
3Anita Elberse, “Ferguson’s Formula,” Harvard Business Review, October 2013.
4http://www.hbs.edu/news/releases/Pages/sir-alex-ferguson-executive-education-hbs.aspx.
5Oliver Staley, “Harvard Business School Hires Manchester United’s Ferguson,” Bloomberg, April 4, 2014.
6Stuart Crainer and Des Dearlove, Gravy Training: Inside the Business of Business Schools (San Francisco: Jossey-Bass, 1999), p. 111.
7http://papers.ssrn.com/sol3/papers.cfm?abstract_id=2414478.
8Nitin Nohria, Networks and Organizations: Structure, Form, and Action (Boston: McGraw-Hill, 1992), p. 294.
9Rosabeth Moss Kanter, Confidence: How Winning Streaks and Losing Streaks Begin and End (New York: Crown Business, 2006), p. 7.
10Ibid., p. 8.
11Ibid.
12Ibid., p. 10.
13http://institutionalmemory.hbs.edu/timeline/1990/students_organize_hbs_environmental_club.html.
14http://institutionalmemory.hbs.edu/timeline/1991/teresa_heinz_funds_development_of_teaching_materials_on_environmental_issues.html.
15http://institutionalmemory.hbs.edu/timeline/1992/teresa_heinz_endows_heinz_professorship_of_environmental_management_in_memory_of.html.
16http://poetsandquants.com/2014/10/22/the-little-green-business-school-that-could/.
17“Documentary Series Sheds Light on Climate Change at HBS,” Harvard Crimson, April 22, 2014, accessed June 29, 2015, http://www.thecrimson.com/article/2014/4/22/HBS-Climate-Change-Documentary/.
18http://www.bloomberg.com/visual-data/best-and-worst//most-underachieving-ceos.
Chapter 61: Nitin Nohria For President
1Wolfgang Amann, Michael Pirson, Claus Dierksmeier, Ernst Von Kimakowitz, and Heiko Spitzeck, Business Schools Under Fire: Humanistic Management Education as the Way Forward (Basingstoke, England: Palgrave Macmillan, 2011), p. 428.
2“Speed Dial: Nitin Nohria,” BloombergView, accessed January 31, 2016, http://www.bloomberg.com/bw/magazine/content/10_20/b4178022137507.htm.
3“Think Twice,” Economist, accessed January 30, 2016, http://www.economist.com/whichmba/think-twice.
4Dennis A. Gioia, “Business Education’s Role in the Crisis of Corporate Confidence,” Academy of Management Executive (1993–2005) 16, no. 3 (August 1, 2002): 142–44.
5Charles Duhigg and Keith Bradsher, “Apple, America, and a Squeezed Middle Class,” New York Times, January 21, 2012, p. A-1.
6http://content.time.com/time/magazine/article/0,9171,2105976,00.html.
7Jerry Useem, “Business School, Disrupted,” New York Times, May 31, 2014, http://www.nytimes.com/2014/06/01/business/business-school-disrupted.html.
8Matt Symonds, “Business School’s Biggest Enemy Takes on Harvard,” Bloomberg, January 14, 2015, accessed June 23, 2015, http://www.bloomberg.com/news/articles/2015-01-14/business-educations-loudest-enemy-takes-on-harvard.
9http://poetsandquants.com/2015/01/28/revealed-where-mba-dual-admits-go/2/.
Index
The pagination of this electronic edition does not match the edition from which it was created. To locate a specific entry, please use your e-book reader’s search tools.
Aaronson, Susan, 194–95, 197, 247
Abbasi, Daniel, 562
Abbott, Charles C., 235
Abdelal, Rawi, 263
Abend, Gabriel, 68
Abernathy, Penelope Muse, 305
Abernathy, William, 346–49, 443, 452, 456
accounting (budgetary control), 115–18, 450; activity-based costing, 445; capital asset pricing model, 550; managing by results and, 448–49; scale and cost, 262–63, 412, 445
Achieving Society, The (McClelland), 559–60
Ackman, Bill, 466, 469, 479–82, 510
advertising, 71, 99, 168, 171, 178, 190–91, 263, 288, 516
Advertising as a Business Force (Cherington), 49
Agee, William, 105
agency theory, 260, 360–64, 366, 367, 373, 375, 377, 380, 381, 388, 390, 480; CAPM and, 550
Age of Heretics, The (Kleiner), 348
Ahead of the Curve (Broughton), 552
AIG, 455, 478
Aisner, Jim, 68–69, 532
Alden, Vernon, 124, 235
Aldrich, Nelson W., 72
Aldrich, Winthrop W., 189
Allen, Frederick Lewis, 23
Allen, Woody, 544
Altman, Sam, 329
alumni, 1, 3–4, 9, 126, 157, 254; AMP and, 151, 152, 157; ARD and, 125; average salary, 178, 179, 203, 207, 254, 383, 460, 540; Bequest Program, 288; bestsellers by, 492; career choices, 3, 7, 96, 132, 168, 178, 209, 254, 292, 314, 318, 354, 357, 368, 460; class of ’49, 167–74, 180–81, 191; companies hiring, 45, 168, 183, 197, 199, 202, 206, 207, 254, 255, 323, 345, 460, 468; as conformists, 463; corporate giving and, 142; critics of, 461; as donors, 196–97, 287–88, 431, 458, 474, 495, 531–33; Doriot’s students, 125, 126, 127, 128; entrepreneurs, 120–21, 319–23, 328, 330, 332–33, 456; environmentalists, 561; ethical violations, 76, 380–81, 441, 439, 512–24, 532; Executive Education and, 147–59, 572; financial crisis of 2007–10 and, 547–49; foreign alumni clubs, 228; as generalists, 180; golden passport and, 461; Goldman Sachs and, 460, 468, 473, 474; HBS network, 3, 6, 125, 156, 179, 201, 231, 321, 330, 332–33, 468; hired for BBR, 94–95; influence at other institutions
, 234–36; managerial performance rated, 495–98; McKinsey and, 199, 202, 206, 207–8, 338, 474; as meritocrats, 508; minorities as, 354–55; money and success, 479; Mormons as, 501–2, 506–10; as new hires, 95; notable, 74, 76, 96, 128, 132, 169, 171, 179, 192, 209, 241, 467–82 (see also specific people); as “regular fellows,” 176, 180; richest, 510, 530–31; satisfaction of, 530; self-confidence of, 205, 269, 554; self-image of, 531–32; social dominance of, 145–46; student debt, 354; as team players, 185–87, 196; as top management, 198, 342, 451, 495, 496–97, 514, 530–31, 532, 534; U.S. presidents and would-be presidents, 503–11; Wall Street and, 168, 197, 209, 254, 314, 365, 368, 377, 463, 465–82, 532, 544; women, 203, 237–42, 354, 569; World War II casualties, 137. See also Bloomberg, Michael; Bush, George W.; McNamara, Robert S.; Romney, Mitt; specific people
Alumni Achievement Award, 157, 411, 458, 470, 506
alumni association, 96, 179, 195, 196, 231, 287. See also Associates
Alumni Office, 288
Amazon, 10, 90, 322
American Bankers Association, 12
American Challenge, The (Servan-Schreiber), 230
American Research and Development Corporation (ARD), 124–27, 323
American University, The (Parsons and Platt), 356–57
Anand, Bharat, 557
“And a Harvard MBA Shall Lead Us” (Mellow), 63
Anderson, Harlan, 126
Anderson School of Business, UCLA, 478
And Mark an Era (Copeland), 48, 64, 68, 238
Andreessen Horowitz, 322
Andrews, Kenneth, 152, 258–61, 279, 298, 355, 364, 413, 434, 453, 458; as editor, HBR, 296–99; important HBR articles, 298; SWOT analysis, 259
Ansoff, Igor, 257–58, 272
Ante, Spencer, 127
Anteby, Michel, 18, 312
Anthony, Robert, 118, 268, 272
Apartment, The (film), 186
Apple, 10, 120, 236, 249, 320, 321, 439, 569
Applied Statistical Decision Theory (Raiffa and Schlaifer), 216
Argyris, Chris, 419
Arrow, Kenneth, 51–52, 275
Arthur Andersen, 524
Ash, Roy, 192
Asian Institute of Management, 230, 231
Asia-Pacific Research Center, 234
Aspects of Budgetary Control (Walker), 264
Aspen Institute, 369, 541–42
Assaf, Jessica, 396
The Golden Passport Page 73
