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All HBS Web
(1,174)
- People (3)
- News (209)
- Research (697)
- Events (2)
- Multimedia (18)
- Faculty Publications (495)
- 08 May 2007
- First Look
First Look: May 8, 2007
Describes the economic development of Latvia, a small eastern European country on the shores of the Baltic Sea, from regaining independence in 1991 to European Union (EU) accession in 2004 and is set on May 1st, 2004, the day Latvia...
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Martha Lagace
- May 2010
- Supplement
Clayton Industries, Inc.: Peter Arnell, Country Manager for Italy, Spreadsheet for Instructors (Brief Case)
By: Christopher A. Bartlett and Benjamin H. Barlow
Keywords:
Organizational Behavior;
International Business;
Subsidiaries;
Project Management;
Multinational Corporations;
Implementing Strategy;
Leadership;
Business Subsidiaries;
Behavior;
Multinational Firms and Management;
Corporate Strategy;
Organizations;
Labor Unions;
Organizational Culture;
Product Development
- September 2009
- Article
Labor Market Institutions and Global Strategic Adaptation: Evidence from Lincoln Electric
By: Jordan I. Siegel and Barbara Zepp Larson
Although one of the central questions in the global strategy field is how multinational firms successfully navigate multiple and often conflicting institutional environments, we know relatively little about the effect of conflicting labor market institutions on...
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Keywords:
Institutions;
Labor Market;
Complementarity;
Global Strategy;
Multinational Firms and Management;
Governing Rules, Regulations, and Reforms;
Labor Unions;
Laws and Statutes;
Operations;
Organizational Change and Adaptation;
Manufacturing Industry
Siegel, Jordan I., and Barbara Zepp Larson. "Labor Market Institutions and Global Strategic Adaptation: Evidence from Lincoln Electric." Management Science 55, no. 9 (September 2009): 1527–1546. (Although one of the central questions in the global strategy field is how multinational firms successfully navigate multiple and often conflicting institutional environments, we know relatively little about the effect of conflicting labor market institutions on multinational firms' strategic choice and operating performance. With its decision to invest in manufacturing operations in nearly every one of the world's largest welding
markets, Lincoln Electric offers us a quasi-experiment. We leverage a unique data set covering 1996–2006 that combines data on each host country's labor market institutions with data on each subsidiary's strategic choices and historical operating performance. We find that Lincoln Electric performed significantly better in countries with labor laws and regulations supporting manufacturers' interests and in countries that allowed the free
use of both piecework and a discretionary bonus. Furthermore, we find that in countries with labor market institutions unfriendly to manufacturers, Lincoln Electric was still able to overcome most (although not all) of the institutional distance by what we term flexible intermediate adaptation.)
- 04 Mar 2015
- What Do You Think?
Can a Laissez-Faire Approach Fix Labor Market Inequality?
labor, with Walmart being a prime example. Three remedies are often proposed for the problem: 1. Legislated increases in the minimum wage 2. New laws that support unions and raise their bargaining power 3. Government-financed education...
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- 08 Jun 2011
- Lessons from the Classroom
Twenty-first Century Skill: Trading Carbon Credits
Cap and trade has become an increasingly popular mechanism used by governments to induce green behavior among corporate polluters, with news emerging almost daily. Just recently New Jersey Governor Chris Christie withdrew his state from the Regional Greenhouse Gas...
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- 17 Sep 2024
- Blog Post
The International Experience at HBS: Zoe Sun (MBA 2024)
Australia, after multiple layovers, to visit the campus and attend the Q&A session in person. In the Q&A session, I often made sure to mention that HBS has one of the most generous financial aid programs for international students, and that the school works...
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- 01 Sep 2005
- News
Predictable Surprises
CEOs several decades ago. The airline’s previous generation of leaders settled tough union negotiations, made agreements that allowed them to operate profitably and look good in the short term, and dumped their pension obligations into...
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- 20 Aug 2007
- Research & Ideas
HBS Cases: Using Investor Relations Proactively
For example, pointing out the money saved by tough bargaining with a union could cause a real problem with employees. Announcing a dividend may lead to anger from employees who think it should have been a bonus or from environmentalists...
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- 27 Sep 2006
- Research & Ideas
Report From Egypt: Studying Global Influences
philanthropic efforts but more often helping communities through core business practices, such as gaining flexibility to hire and fire from the union by raising wages and increasing training or helping laid-off employees start small...
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by Sean Silverthorne
- 19 Jun 2020
- Blog Post
Black MBA Students Pen Letters to the HBS Community: Letter 4/5
for predominantly white spaces is still not be enough to keep Black people safe – and there isn’t a job title or degree in the world that can protect Black communities from institutionalized and systemic racism. Members of the HBS African American Student View Details
- 29 Sep 2015
- First Look
September 29, 2015
the capital of Bangladesh. Over 1,100 people were killed in the worst industrial accident since the Union Carbide plant gas leak in Bhopal, India. Most of the victims worked for garment factories, whose primary clients were European,...
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Sean Silverthorne
- December 2013
- Case
Bruce Allyn: Negotiating with the KGB (A)
Isolated by the KGB in Moscow, Harvard graduate student Bruce Allyn faces high-pressure negotiation tactics to recruit him for the Soviet spy agency. At the tense height of the Cold War, with CIA agents systematically being exposed and executed in Russia, Allyn was...
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Keywords:
Negotiation;
Bargaining;
Hard Bargaining;
KGB;
Espionage;
Spying;
War;
National Security;
Alliances;
Ethics;
Negotiation Tactics;
Decision Choices and Conditions;
Negotiation Participants;
Negotiation Offer;
Cambridge;
Moscow;
Soviet Union
Sebenius, James K. "Bruce Allyn: Negotiating with the KGB (A)." Harvard Business School Case 914-027, December 2013.
- 25 Mar 2013
- Research & Ideas
How Chapter 11 Saved the US Economy
typically lease a large fraction of their assets, and for steel- and automakers that have large unionized workforces, which will give them greater leverage to renegotiate collective bargaining agreements. But Chapter 11 will be less...
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- 17 Feb 2010
- First Look
First Look: Feb. 17
illustrates Hindustan Unilever Limited's conflict resolution and people development policies using a "leading from the middle" example. The story centers on the challenges faced by an HR manager at a factory who must meet organizational objectives while...
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Martha Lagace
- 01 Jan 2002
- News
Raymond V. Gilmartin (MBA '68)
Chairman, President & Chief Executive Officer Merck & Co., Inc. Return to Alumni Achievement Awards main page Earlier Education Union College, 1963 B.S., Electrical Engineering Other Jobs Eastman Kodak Company, 1963-66 "I was the first...
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- December 2014
- Case
Henry A. Kissinger as Negotiator: Background and Key Accomplishments
By: James K. Sebenius and Laurence A. Green
Following a brief summary of Henry A. Kissinger's career, this case describes three of his most pivotal negotiations: the historic establishment of U.S. diplomatic relations with the People's Republic of China, the easing of geopolitical tension with the Soviet Union,...
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Keywords:
Kissinger;
Negotiation;
Bargaining;
Diplomacy;
Multiparty Negotiations;
Dispute Resolution;
Mediation;
Israel;
Sinai;
Egypt;
Cold War;
Detente;
China;
Nixon;
Conflict Management;
Negotiation Types;
International Relations;
Personal Development and Career;
Israel;
Egypt;
China;
United States;
Soviet Union
Sebenius, James K., and Laurence A. Green. "Henry A. Kissinger as Negotiator: Background and Key Accomplishments." Harvard Business School Case 915-020, December 2014.
- September 2012 (Revised July 2013)
- Case
Can the Eurozone Survive?
By: Dante Roscini and Jonathan Schlefer
The sovereign debt crisis that took Greece by storm in 2010 began to spread to other European markets. Within a few months Ireland and Portugal had also lost access to the sovereign debt markets and had to rely on supranational loans for their financing. The risk of...
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Keywords:
Sovereign Debt Crisis;
Currency Areas;
Financial Crisis;
Borrowing and Debt;
Currency Exchange Rate;
International Relations;
Banking Industry;
European Union;
Germany;
France;
Italy;
Spain;
Greece;
Portugal
Roscini, Dante, and Jonathan Schlefer. "Can the Eurozone Survive?" Harvard Business School Case 713-034, September 2012. (Revised July 2013.)
- Web
My HBS Student Loan Story: John Cortines (MBA 2015) - MBA
you are at Harvard Business School! There is so much to be grateful for. You Might Want to Read Harvard Business School Announces Its 2024-2025 Blavatnik Fellows African American Student Union Spotlight on Social Enterprise Answers to...
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- 26 Nov 2019
- Blog Post
Black Excellence: AASU’s 2019 Fall Retreat in Review
The 2019-2020 African American Student's Union (AASU) family is officially the largest it has ever been in the history of Harvard Business School. The strength of this community has always been of paramount importance to AASU student...
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- August 2023 (Revised January 2024)
- Supplement
Arla Foods: Data-Driven Decarbonization (B)
By: Michael Parzen, Michael W. Toffel, Susan Pinckney and Amram Migdal
The case describes Arla’s history, in particular its climate change mitigation efforts, and how it implemented a price incentive system to motivate individual farms to implement scope 1 greenhouse gas emissions mitigation measures and receive a higher milk price. The...
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Keywords:
Dairy Industry;
Earnings Management;
Environmental Accounting;
Animal-Based Agribusiness;
Mergers and Acquisitions;
Decisions;
Voting;
Climate Change;
Environmental Regulation;
Environmental Sustainability;
Green Technology;
Pollution;
Moral Sensibility;
Values and Beliefs;
Financial Strategy;
Price;
Profit;
Revenue;
Food;
Geopolitical Units;
Cross-Cultural and Cross-Border Issues;
Global Strategy;
Cooperative Ownership;
Performance Efficiency;
Performance Evaluation;
Problems and Challenges;
Natural Environment;
Science-Based Business;
Business Strategy;
Commercial Banking;
Cooperation;
Corporate Strategy;
Motivation and Incentives;
Food and Beverage Industry;
Agriculture and Agribusiness Industry;
Europe;
United Kingdom;
European Union;
Denmark;
Sweden;
Luxembourg;
Belgium
Parzen, Michael, Michael W. Toffel, Susan Pinckney, and Amram Migdal. "Arla Foods: Data-Driven Decarbonization (B)." Harvard Business School Supplement 624-036, August 2023. (Revised January 2024.)