Publications

Educators

01 Oct 1999
News

Four Promoted to Full Professor

concerning technological innovation and public policy at the Brookings Institution, with a public-private task force in Chicago, and on Capitol Hill. He is a faculty research fellow in the National Bureau of Economic Research's Corporate Finance and Productivity... View Details

Profile

Marc Wilson

young people into science careers. Beyond HBS, Marc plans on joining an established firm before starting his own consultancy. "I want to gain experience bringing in business," he says, "and develop relationships that will... View Details

Keywords: Nonprofit/Government/Education

Web

1.6 Degree Requirements | MBA

Control (FRC) Data Science and AI for Leaders (DSAIL) 1.5 credits Leadership and Organizational Behavior (LEAD) The Entrepreneurial Manager (TEM) Marketing (MKT) FIELD Global Capstone (CAP) Strategy (STRAT) Finance 2 (FIN2) Technology and... View Details

01 Jun 2016
News

A Roundabout Path

started out as a biologist with an interest in biofuels,” he says. “Then I began working half-time on the science and half-time on business development. I discovered that building the narrative around the company’s products was the most... View Details

01 Mar 2007
News

Gore All Business at HBS

students during a talk titled “A Change in Business Climate” presented in Burden Auditorium in December. Gore explained that the population explosion, coupled with the revolutions in science and technology, have greatly magnified the... View Details

Keywords: Management, Scientific, and Technical Consulting Services; Professional Services; Scientific Research and Development Services

01 Oct 2002
News

Pearson Hunt Remembered

high distinction in 1933 and received a doctorate of commercial science — the precursor to today's doctorate of business administration (DBA) — from the School in 1939. Named an assistant professor at HBS in 1940, Hunt became a full... View Details

08 Jun 2011
News

George Yeo: A Matter of Degrees

kind of undecided. Lam Chuan Leong (MBA ’78), who was my boss in the Air Force, had done his Harvard MBA and told me about his experience.” Yeo had interests beyond his science and engineering background in school and university, the... View Details

Keywords: Garry Emmons; Executive, Legislative, and Other General Government Support; Government

01 Dec 2016
News

Managing Change

the Graduate School of Education, and collaborations with the Paulson School of Engineering and Applied Science as it relocates to Western Avenue. The move, according to the announcement by Dean Nohria and Executive Dean for... View Details

01 Dec 2006
News

Faculty Books

reveal the mechanisms of advancement and speculate on what this means for the future of leadership selection and development. Science Business by Gary P. Pisano (HBS Press) Why has the biotechnology industry failed to perform to... View Details

Keywords: Colleges, Universities, and Professional Schools; Educational Services

Research Summary

Overview

By: Michael W. Toffel

My research examines how companies manage environmental issues, occupational safety, and working conditions in global supply chains. More recently, I have also begun researching the drivers and implications of CEO activism, where organizational leaders speak out on... View Details

2024
Working Paper

Catalysts for Climate Solutions: Corporate Responses to Venture Capital Financing of Climate-tech Startups

By: Shirley Lu, George Serafeim and Simon Xu

We study whether incumbent firms increase their product focus on climate solutions in response to venture capital (VC) financing of climate-tech startups. Using large language models to measure a firm's focus on climate solutions, we find that incumbents in similar... View Details

Keywords: Climate Finance; Climate Change; Technological Innovation; Entrepreneurship; Venture Capital; Private Equity; Environmental Sustainability; Business Startups

SSRN

June 12, 2023
Article

How AI Will Accelerate the Circular Economy

By: Shirley Lu and George Serafeim

Despite living on a planet with finite resources, our economy remains largely linear and full of single-use products. The shift toward a circular economy, where companies recover or recycle resources, has hit roadblocks, including low value of used products and high... View Details

Keywords: Recycling; Materials Management; Innovation and Management; Technological Innovation; Climate Change; Environmental Sustainability; AI and Machine Learning; Operations; Industrial Products Industry; Consumer Products Industry; Technology Industry

2021
Working Paper

How to Fix ESG Reporting

By: Robert S. Kaplan and Karthik Ramanna

Investors, advocacy groups, academics, and the 200 CEOs of the US Business Roundtable have asked corporations to take on an added purpose beyond a narrow pursuit of shareholder value. In response, many companies now issue ESG (Environmental, Societal, and Governance)... View Details

Keywords: ESG Reporting; Sustainability; Corporate Purpose; Greenhouse Gas; Activity-Based Costing; Environmental Sustainability; Environmental Management; Corporate Social Responsibility and Impact; Measurement and Metrics; Goals and Objectives; Agreements and Arrangements; Corporate Accountability

SSRN

2021
Working Paper

Accounting for Product Impact in the Water Utilities Industry

By: George Serafeim and Katie Trinh

We apply the product impact measurement framework of the Impact-Weighted Accounts Initiative (IWAI) in two competitor companies within the water utilities industry. We design a monetization methodology that allows us to calculate monetary impact estimates of water... View Details

December 1994 (Revised October 2009)
Case

AES Honeycomb (A)

By: Lynn S. Paine and Sarah C. Mavrinac

Senior managers of the AES Corp., an independent power producer, must decide whether to drop the company's emphasis on corporate values and revamp organizational controls as advised by investment analysts and outside counsel. The company is recovering from an incident... View Details

Keywords: Crime and Corruption; Energy Generation; Values and Beliefs; Corporate Governance; Governance Controls; Crisis Management; Organizational Structure; Environmental Sustainability; Energy Industry; United States

Educators

September 2023
Teaching Note

CMA CGM: Reducing the Carbon Footprint of Container Shipping

By: Willy Shih

Teaching Note for HBS Case No. 623-006. Marine transport is the most cost-effective way to move large volumes over long distances, and container shipping is the backbone of international trade in goods. Yet shipping contributed 3% of worldwide greenhouse gas emissions,... View Details

Keywords: Greenhouse Gas Emissions; Ship Transportation; Environmental Sustainability; Environmental Regulation; Trade; Energy Conservation; Transportation Industry; Shipping Industry; Europe

September 2023
Teaching Note

Apple’s iPhone Revolution: Pioneering the Circular Economy

By: George Serafeim

Teaching Note for HBS Case 123-089. The case describes the Trade-In system for iPhones that allow iPhones to be refurbished and reused or to be recycled. The case provides information for the students to analyze the financial attractiveness of the Trade-In system and... View Details

Keywords: Iphone; Smartphone; Technology; Business Model Innovation; Carbon Emissions; Recycling; Business Model; Product Design; Climate Change; Environmental Sustainability; Green Technology; Technology Industry

01 Sep 2014
News

Groundwork

of Engineering and Applied Sciences [9] and the University’s proposed Enterprise Research Campus.” (See sidebar) Tentative plans call for moving parking underground and construction of as many as three buildings on the Western Avenue site... View Details

Keywords: Deborah Blagg; George F. Baker III; real estate; Tata Hall; Educational Services; Real Estate

July 1993 (Revised September 1995)
Supplement

Block 16: Ecuadorian Government's Perspective

By: Malcolm S. Salter and Susan E.A. Hall

Supplements Block 16: Conoco's Green Oil Strategy (A). Provides the government perspective on Conoco's Ecuadorian strategy. Designed to be distributed to students who will be playing the role of Ecuadorian government officials. View Details

Keywords: Policy; Business or Company Management; Resource Allocation; Marketing Strategy; Natural Environment; Environmental Sustainability; Perspective; Corporate Strategy