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Publications

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    • Faculty Publications  (37,104)

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    • All HBS Web  (120,380)
      • Faculty Publications  (37,104)
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      • July 2025 (Revised July 2025)
      • Case

      Microsoft’s Performance Across Three CEOs

      By: George Serafeim
      This case traces Microsoft’s evolution from its founding through 2025. Students analyze how changes in operating segments both reflected and shaped Microsoft’s strategy, culture, and financial communication. The case provides rich quantitative exhibits (segment... View Details
      Keywords: Financial Accounting; Financial Statement Analysis; Disclosure; Disclosure Strategy; Disclosure Tone; Organizational Transformations; Transformation; AI; Digital; Organizational Change; Accounting; Financial Statements; Strategy; Organizational Structure; Organizational Change and Adaptation; Technology Industry; Information Technology Industry; United States
      Citation
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      Serafeim, George. "Microsoft’s Performance Across Three CEOs." Harvard Business School Case 125-112, July 2025. (Revised July 2025.)
      • July 2025
      • Case

      Rejuvenate Bio: Turning Back the Biological Clock

      By: Shikhar Ghosh, Shweta Bagai and William Marks
      Citation
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      Ghosh, Shikhar, Shweta Bagai, and William Marks. "Rejuvenate Bio: Turning Back the Biological Clock ." Harvard Business School Case 826-100, July 2025.
      • July 2025
      • Teaching Note

      Designed for Purpose: “Never a Failure. Always a Lesson”

      By: James Riley and Andrea Dorbu
      In 2017, Rihanna launched Fenty Beauty under LVMH, disrupting the cosmetics industry with an inclusive 'Beauty for All' strategy that emphasized accessibility across skin tones. The brand’s success was followed by the launch of Savage X Fenty, a lingerie line upholding... View Details
      Keywords: Cultural Entrepreneurship; Brands and Branding; Luxury; Consumer Behavior; Market Entry and Exit; United States
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      Riley, James, and Andrea Dorbu. "Designed for Purpose: “Never a Failure. Always a Lesson”." Harvard Business School Teaching Note 426-009, July 2025.
      • July 2025
      • Case

      Designed for Purpose: “Never a Failure. Always a Lesson”

      By: James Riley and Andrea Dorbu
      In 2017, Rihanna launched Fenty Beauty under LVMH, disrupting the cosmetics industry with an inclusive 'Beauty for All' strategy that emphasized accessibility across skin tones. The brand’s success was followed by the launch of Savage X Fenty, a lingerie line upholding... View Details
      Keywords: Cultural Entrepreneurship; Brands and Branding; Luxury; Consumer Behavior; Market Entry and Exit; United States
      Citation
      Educators
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      Riley, James, and Andrea Dorbu. "Designed for Purpose: “Never a Failure. Always a Lesson”." Harvard Business School Case 426-008, July 2025.
      • 2025
      • Working Paper

      In Privacy We Trust: The Effect of Privacy Regulations on Data Sharing Behavior

      By: Ozge Demirci, Ayelet Israeli and Eva Ascarza
      This paper studies the impact of privacy policies on consumer data-sharing behavior, focusing on policy changes in California and Virginia that took effect in 2023. Using data from a leading customer engagement app in the United States, where users upload shopping... View Details
      Keywords: Privacy; Privacy Regulation; Data Sharing; Digital Platforms; Policy; Surveys; Behavior; Public Opinion; California; Virginia
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      Demirci, Ozge, Ayelet Israeli, and Eva Ascarza. "In Privacy We Trust: The Effect of Privacy Regulations on Data Sharing Behavior." Harvard Business School Working Paper, No. 26-001, July 2025.
      • July 2025
      • Teaching Note

      Silicon Valley Bank: Gone in 36 Hours

      By: Jung Koo Kang, Krishna G. Palepu and Charles C.Y. Wang
      Teaching Note for HBS Case No. 125-094. View Details
      Keywords: Accounting Standards; Bank Runs; Financial Accounting; Financial Reporting; Social Media; Banks and Banking; Financing and Loans; Investment Portfolio; Interest Rates; Debt Securities; Risk and Uncertainty; Financial Statements; Risk Management; Financial Services Industry; United States
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      Kang, Jung Koo, Krishna G. Palepu, and Charles C.Y. Wang. "Silicon Valley Bank: Gone in 36 Hours." Harvard Business School Teaching Note 126-002, July 2025.
      • July 10, 2025
      • Article

      How to Build a Life: How to Keep on the Sunny Side of Life

      By: Arthur C. Brooks
      Citation
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      Brooks, Arthur C. "How to Build a Life: How to Keep on the Sunny Side of Life." The Atlantic (July 10, 2025).
      • July 2025
      • Supplement

      Meghna Modi at Revlon India: Leading with a Bold Purpose (B)

      By: Aiyesha Dey and Sarah Sasso
      This follow-up case is about Meghna Modi, the CEO of struggling cosmetics company Revlon India, and the actions she takes as she tries to both turn the company around and integrate her personal purpose into her work. Influenced by her own life struggles, Modi feels... View Details
      Keywords: Culture; Leadership Development; Corporate Strategy; Management; Performance; Personal Development and Career; Consumer Products Industry; Asia; India; Delhi
      Citation
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      Dey, Aiyesha, and Sarah Sasso. "Meghna Modi at Revlon India: Leading with a Bold Purpose (B)." Harvard Business School Supplement 126-023, July 2025.
      • July 2025
      • Case

      The New York Liberty: Building the Business of Women’s Basketball

      By: Anita Elberse and Mackenzi Curtin
      In May 2025, Women’s National Basketball Association (WNBA) team the New York Liberty raised their 2024 championship banner. The team’s owners, Clara Wu Tsai and her husband Joseph Tsai, had acquired the Liberty in 2019, when the once flourishing team had seemingly hit... View Details
      Citation
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      Elberse, Anita, and Mackenzi Curtin. "The New York Liberty: Building the Business of Women’s Basketball." Harvard Business School Case 526-004, July 2025.
      • July 2025
      • Case

      ICARE: Frontline Leadership at Michelin

      By: Hubert Joly and Emilie Billaud
      In 2025, Michelin CEO Florent Menegaux reflected on the company’s transformation since taking the helm in 2019. Amid a volatile global landscape marked by inflation, rising competition, and geopolitical and sustainability pressures, Michelin had achieved strong... View Details
      Keywords: Human Capital; Transformation; Management Practices and Processes; Managerial Roles; Organizational Culture; Leadership; Competency and Skills; Global Strategy; Multinational Firms and Management; Human Resources; Compensation and Benefits; Recruitment; Retention; Employee Relationship Management; Working Conditions; Leading Change; Growth and Development Strategy; Groups and Teams; Motivation and Incentives; Well-being; Auto Industry; Manufacturing Industry; Europe; China; United States
      Citation
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      Joly, Hubert, and Emilie Billaud. "ICARE: Frontline Leadership at Michelin." Harvard Business School Case 326-024, July 2025.
      • July 2025
      • Case

      Mitsui & Co., Ltd.

      By: Ramon Casadesus-Masanell and Akiko Saito
      In 2025, Kenichi Hori, President and CEO of Mitsui & Co., Ltd.—one of Japan’s most prominent Sogo Shosha (investment and trading companies with sprawling global footprints)—reflected on the company’s record-breaking profits. Its operations spanned multiple... View Details
      Keywords: Strategy; Management; Operations; Organizations; Japan
      Citation
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      Casadesus-Masanell, Ramon, and Akiko Saito. "Mitsui & Co., Ltd." Harvard Business School Case 726-362, July 2025.
      • 2025
      • Working Paper

      Rethinking Volume

      By: Philippe van der Beck, Lorenzo Bretscher and Zhiyu Julie Fu
      Gross trading volumes in financial markets are large and far exceed return volatility. In contrast, “net volume”—trading from persistent portfolio reallocations—is substantially lower, as it excludes transitory round-trip trades. This observation reveals a fundamental... View Details
      Keywords: Financial Markets; Investment Return; Asset Pricing; Volatility
      Citation
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      van der Beck, Philippe, Lorenzo Bretscher, and Zhiyu Julie Fu. "Rethinking Volume." Harvard Business School Working Paper, No. 26-003, July 2025.
      • July 3, 2025
      • Article

      A New Framework for Reducing Healthcare Disparities

      By: Susanna Gallani, Mary Lynch Witkowski, Lidia M. V. R. Moura and Katie Sonnefeldt
      Despite decades of initiatives to address healthcare inequities in the U.S., disparities across race, gender, geography, and income remain stubbornly persistent. This article introduces the Strategic Fingerprint Framework for Health Equity, a practical, principle-based... View Details
      Keywords: Equality and Inequality; Demographics; Outcome or Result; Health Care and Treatment; Framework; Health Industry
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      Gallani, Susanna, Mary Lynch Witkowski, Lidia M. V. R. Moura, and Katie Sonnefeldt. "A New Framework for Reducing Healthcare Disparities." Harvard Business Review Digital Articles (July 3, 2025).
      • July 3, 2025
      • Article

      How to Build a Life: The Ciceronian Secret to Happiness

      By: Arthur C. Brooks
      Citation
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      Brooks, Arthur C. "How to Build a Life: The Ciceronian Secret to Happiness." The Atlantic (July 3, 2025).
      • July 2025
      • Case

      Mother’s Home: Eradicating Social Orphancy in Kazakhstan

      By: Boris Groysberg and Annelena Lobb
      Mother’s Home International Foundation, a Kazakhstani foundation, had reduced the number of children living in orphanages in Kazakhstan from roughly 10,000 to 4,000 over 12 years, building crisis centers for new mothers to help them keep their babies and stabilize... View Details
      Citation
      Educators
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      Groysberg, Boris, and Annelena Lobb. "Mother’s Home: Eradicating Social Orphancy in Kazakhstan." Harvard Business School Case 426-012, July 2025.
      • July 2025
      • Exercise

      Travelogo: Customer Segmentation Instructions

      By: Eva Ascarza
      Keywords: Algorithmic Decision Making; Marketing; Simulation; Marketing Strategy; Customer Focus and Relationships
      Citation
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      Ascarza, Eva. "Travelogo: Customer Segmentation Instructions." Harvard Business School Exercise 526-702, July 2025.
      • July 2025
      • Background Note

      Financing for Small Businesses in the U.S.

      By: Brian Trelstad and Jonah Zahnd
      Citation
      Educators
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      Trelstad, Brian, and Jonah Zahnd. "Financing for Small Businesses in the U.S. ." Harvard Business School Background Note 325-107, July 2025.
      • 2025
      • Chapter

      An Appraisal on 'Teaching the Early History of IB at Harvard Business School'

      By: Geoffrey Jones
      This chapter reviews new research about the origins of International Business as an academic discipline. Contrary to conventional wisdom that it originated in economics departments in the 1960s, this research highlights the importance of teaching at Harvard Business... View Details
      Keywords: Harvard Business School; International Business; Business Education
      Citation
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      Jones, Geoffrey. "An Appraisal on 'Teaching the Early History of IB at Harvard Business School'." Chap. 10 in The Historical Evolution of International Business: Growth Trajectory of an Academic Field of Study, edited by Lilac Nachum and Attila Yaprak, 227–232. Palgrave Macmillan, 2025.
      • July 2025
      • Teaching Note

      Ava Labs: Structure and Challenges of Establishing a Blockchain

      By: Shikhar Ghosh, Liang Wu and Shweta Bagai
      Teaching Note for HBS Case No. 824-056. View Details
      Citation
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      Ghosh, Shikhar, Liang Wu, and Shweta Bagai. "Ava Labs: Structure and Challenges of Establishing a Blockchain." Harvard Business School Teaching Note 826-062, July 2025.
      • July–August 2025
      • Article

      Beefing IT Up for Your Investor? Engagement with Open Source Communities, Innovation, and Startup Funding: Evidence from GitHub

      By: Annamaria Conti, Christian Peukert and Maria P. Roche
      We study the engagement of nascent firms with open source communities and its implications for innovation and attracting funding. To do so, we link data on 160,065 U.S. startups from Crunchbase to their activities on the open source software development platform... View Details
      Keywords: Startups; Knowledge; Open Source Communities; GitHub; Machine Learning; Innovation; Business Startups; Venture Capital; Information Technology; Strategy
      Citation
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      Conti, Annamaria, Christian Peukert, and Maria P. Roche. "Beefing IT Up for Your Investor? Engagement with Open Source Communities, Innovation, and Startup Funding: Evidence from GitHub." Organization Science 36, no. 4 (July–August 2025): 1551–1573.
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