Publications

January 2022
Background Note

Common Prosperity? China Shifts Left

By: William C. Kirby and Noah B. Truwit

Since the founding of the People’s Republic of China in 1949, the ruling Chinese Communist Party (CCP) has been mistrustful of entrepreneurs and the private sector that operates outside the government’s authority. In its first decades under Mao Zedong, the CCP... View Details

Keywords: Market Reform; Gdp; Government Administration; Government and Politics; Private Sector; Governing Rules, Regulations, and Reforms; Economy; Globalized Economies and Regions; Entrepreneurship; Business and Government Relations; Globalized Markets and Industries; Social Issues; Society; Economic Growth; China

Educators

Research Summary

Customer-Centricity as a Vehicle for Organic Growth

By: Ranjay Gulati

This body of work examines the mechanics of how firms grow profitably in commoditizing markets. Underlying the "customer-centricity" that many firms embrace today is a factor that will determine their success with this effort: enabling collaboration across... View Details

Incremental and Radical Innovation: Design Research vs. Technology and Meaning Change

The need has emerged for a better understanding of design research and design innovation and how they are linked. In our discussion, we consider design as the process of “making sense of things.” Hence, our questions turn more precisely into the following ones: What... View Details

Web

Behavioral Finance & Financial Stability

fluctuations. The authors introduce a novel measure of risk perceptions: the price of volatile stocks. They show that high perceived risk is associated with low risk-free interest rates, a high cost of capital for risky firms, and future declines in View Details

2022
Working Paper

The Disagreement Problem in Explainable Machine Learning: A Practitioner's Perspective

By: Satyapriya Krishna, Tessa Han, Alex Gu, Javin Pombra, Shahin Jabbari, Steven Wu and Himabindu Lakkaraju

As various post hoc explanation methods are increasingly being leveraged to explain complex models in high-stakes settings, it becomes critical to develop a deeper understanding of if and when the explanations output by these methods disagree with each other, and how... View Details

Keywords: AI and Machine Learning; Analytics and Data Science; Mathematical Methods

2012
Report

Sweden's Position in the Global Economy

By: Christian H.M. Ketels

In the spring of 2012, the Swedish economy is, as many of its peers, facing a difficult and uncertain economic environment. While these challenges are real, the Swedish economy looks much better prepared to deal with them than many of its peers. Following its own... View Details

Keywords: Economy; Financial Crisis; Government and Politics; Policy; Globalization; Competitive Advantage; Sweden

Article

DEA Model with Shared Resources and Efficiency Decomposition

By: Yao Chen, Juan Du, H. David Sherman and Joe Zhu

Data envelopment analysis (DEA) has proved to be an excellent approach for measuring performance of decision making units (DMUs) that use multiple inputs to generate multiple outputs. In many real world scenarios, DMUs have a two-stage network process with shared input... View Details

Keywords: Data Envelopment Analysis (DEA); Efficiency; Intermediate Measure; Performance Efficiency

Web

Ways to Give Today - Alumni

a nonprofit association that supports the European research, case writing, and course development activities of Harvard Business School faculty. It makes available to the public at large in France and in Europe the intellectual output it... View Details

January 2023 (Revised April 2024)
Case

First to Fight? Culture, Tradition, and the United States Marine Corps (USMC)

By: Ranjay Gulati, Akhil Iyer and Joel Malkin

Over a history of more than 240 years, the United States Marine Corps has forged a distinct culture and institutional identity centered on its “warrior ethos.” In the wars of American history, Marines fought with uncommon valor, rising to international prominence for... View Details

Keywords: Change Management; Transformation; Talent and Talent Management; Government Administration; Management Practices and Processes; Management Systems; Organizational Change and Adaptation; Organizational Culture; Performance Effectiveness; United States

Educators

Web

Generative AI - Alumni

hiring manager. Read more Of course, ChatGPT won’t replace the cover letter and resume writing process entirely. You should still spend time editing the text outputs for accuracy and to make sure your voice is present. Think of GPT as a... View Details

Web

Cold Calling - Christensen Center for Teaching & Learning

Evaluation: Will the proposed plant improvements solve the company’s problems? Why or why not? Diagnosis: Why has output declined at the plant over the past year? Description: Walk us though the production facility—how is it organized? A... View Details

01 Nov 2020
Research & Ideas

Good Leadership Is an Act of Kindness

in fear of losing their jobs. In times of crisis, bosses must alter their expectations. As Bryce Covert wrote in a New York Times op-ed, "Keeping output steady while maintaining our physical and mental health just cannot be done. We have... View Details

Keywords: by Boris Groysberg and Susan Seligson

Article

Moving Beyond Schumpeter: Management Research on the Determinants of Technological Innovation

By: Gautam Ahuja, Curba Morris Lampert and Vivek Tandon

Schumpeter's conjecture that large monopolistic firms were the key source of innovation in modern industrial economies has been the underpinning for much work on the topic of innovation. In this review paper we consciously move beyond the Schumpeterian tradition of... View Details

Keywords: Technological Innovation; Management; Strategy

Web

Profiles - MBA

production. The ability to increase efficiency and improve output through technological advancements was a revelation. Later, as an analyst in the energy commodities industry, I delved into the world of predictive modeling. This... View Details

16 Jan 2013
Research & Ideas

The Messy Link Between Slave Owners and Modern Management

determine how far they could push their workers to get the most profit. Using the account books, slave owners could see how many pounds of cotton each slave picked and compare it to their output from previous years—and then create minimum... View Details

Keywords: by Katie Johnston

Web

Photography and Print Advertising - The High Art of Photographic Advertising - Baker Library | Bloomberg Center

was an expensive enterprise, and before World War I magazine and newspaper publishers tended to favor drawn illustrations over photographs. In the 1920s, the tremendous increase in industrial output and consumer demand led executives to... View Details

07 Mar 2023
HBS Case

ChatGPT: Did Big Tech Set Up the World for an AI Bias Disaster?

AI system contain bias, she contended, the outputs will contain the same bias, a problem that multiplies as the size of the dataset grows. In 2020, Gebru and Emily Bender, a linguistics professor at the University of Washington, led the... View Details

Keywords: by Scott Van Voorhis; Technology

Web

Human Behavior & Decision-Making - Faculty & Research

promoting dishonesty are discussed. Article The (Perceived) Meaning of Spontaneous Thoughts By: Carey K. Morewedge, Colleen Giblin and Michael I. Norton Spontaneous thoughts, the output of a broad category of uncontrolled and inaccessible... View Details

November 2023 (Revised March 2024)
Case

Infarm: Betting the (Indoor) Farm on Food Security

By: Elie Ofek

In the summer of 2023, the co-founders of Infarm, a controlled environment agriculture (CEA) company, were contemplating a major pivot going forward. While Infarm had successfully shown it could grow over 75 products—mainly herbs, leafy greens and mushrooms—in modular... View Details

Keywords: Plant-Based Agribusiness; Business Model; Market Entry and Exit; Science-Based Business; Business Strategy; Transition; Agriculture and Agribusiness Industry; Europe; North America; Toronto; Northeastern United States

Educators