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  • Web

Entrepreneurship - Faculty & Research

the probabilities of success are low, extremely skewed, and unknowable until an investment is made. At a macro level, experimentation by new firms underlies the Schumpeterian notion of creative destruction. However, at a micro level, investment and continuation View Details
  • October 2021
  • Article

Judgment Aggregation in Creative Production: Evidence from the Movie Industry

By: Hong Luo, Jeffrey T. Macher and Michael Wahlen
We study a novel, low-cost approach to aggregating judgment from a large number of industry experts on ideas that they encounter in their normal course of business. Our context is the movie industry, in which customer appeal is difficult to predict and investment costs... View Details
Keywords: Judgment Aggregation; Quality Uncertainty; Creative Industry; Project Evaluation And Selection; Creativity; Film Entertainment; Judgments; Motion Pictures and Video Industry
Related
  • 01 Dec 2023
  • News

Thinking Ahead

incentivize tells a story.” For that reason, he adds, it’s a good idea to include values like teamwork or customer relations in incentive plans that are difficult to measure but key to a company’s success. That goes for non-monetary... View Details
Keywords: Julia Hanna; Illustrations by Chris Gash; News, Library, Internet, and Other Services; Information
  • 20 Apr 2010
  • First Look

First Look: April 20

difficult for ship owners to maximize their profitability and hence fewer steamships would have touched that port. It is possible then that telegraphic communication was at the heart of diminishing transport costs across the Atlantic.... View Details
Keywords: Martha Lagace
  • 03 Apr 2007
  • First Look

First Look: April 3, 2007

  Working PapersNone this week   Cases & Course MaterialsCommon Agricultural Policy and the Future of French Farming Harvard Business School Case 707-027 Presents the history and evolution of the EU Common Agricultural Policy, from early price supports to the 2003... View Details
Keywords: Martha Lagace
  • Web

2023 Reunion Presentations - Alumni

brings the opportunity to reflect. Do you find yourself considering new ways to contribute to family, community, or work? This program will allow you to look more deeply into the essential elements that are always present when making the View Details
  • 16 Oct 2023
  • HBS Case

Advancing Black Talent: From the Flight Ramp to 'Family-Sustaining' Careers at Delta

Keyra Lynn Johnson. “The frontline perspective can give management important insight into the employee experience and what customers really want from the airline.” Delta has reclassified most jobs that had previously required a degree and has begun to make hiring View Details
Keywords: by Lane Lambert; Air Transportation
  • 16 Jul 2012
  • Research & Ideas

Are You a Strategist?

matter? Is something about it scarce and difficult to imitate? Are we doing today what we need to do in order to matter tomorrow? Being a strategist means living these questions, she says. For a leader, becoming a strategist starts with... View Details
Keywords: by Carmen Nobel
  • Web

Leadership - Faculty & Research

board chairman (Rob Katz, the former CEO), had to decide whether to respond to the letter and, if so, how. What made this decision difficult was that several relatively small and unknown activist investors... View Details
  • 06 Oct 2008
  • Research & Ideas

Updating a Classic: Writing a Great Business Plan

lamebrained the idea. Also, we have difficult factor markets like energy, but that simply means that there are great opportunities for people with ideas for alternative energy. Were I rewriting the article today, I might emphasize the... View Details
Keywords: by Sean Silverthorne
  • Web

Technology & Innovation - Faculty & Research

(ICT) typically aggregate the "information" and "communication" components together. We show theoretically and empirically that this is problematic. Information and communication technologies have very different effects on the decisions... View Details
  • 2009
  • Working Paper

Specific Knowledge and Divisional Performance Measurement

By: Michael C. Jensen and William H. Meckling
This paper discusses five common divisional performance measurement methods—cost centers, revenue centers, profit centers, investment centers, and expense centers—providing a theory that explains when each of these methods is likely to be the most efficient. The... View Details
Keywords: Business Units; Business Headquarters; Decisions; Cost; Investment; Investment Return; Profit; Revenue; Knowledge Use and Leverage; Managerial Roles; Performance Efficiency; Strategy
Related
  • 2017
  • Working Paper

Digital Agility: The Impact of Software Portfolio Architecture on IT System Evolution

By: Alan MacCormack, Robert Lagerström, Martin Mocker and Carliss Y. Baldwin
The modern industrial firm increasingly relies on software to support its competitive position. However, the uncertain and dynamic nature of today’s global marketplace dictates that this software be continually evolved and adapted to meet new business challenges. This... View Details
Keywords: Information Systems; Software; Architecture; Modularity; Agility; Coupling; Applications and Software; Design; Decisions; Performance
Related
  • 13 Nov 2012
  • First Look

First Look: November 13

economy. The fraud renewed the focus on corporate governance policies worldwide, but especially in Japan, where the lack of board independence and a deep-rooted corporate culture entrenched in personal loyalties fostered an environment that made it View Details
Keywords: Sean Silverthorne
  • 01 Feb 2001
  • News

What Makes a Good Leader

good leader? Name: Joseph Badaracco, John Shad Professor of Business Ethics Course head: Leadership, Values, and Decision Making module Developed and teaches: The Moral Leader, MBA elective Title of next book: Quiet Moral Leadership On... View Details
Keywords: Management
  • 26 Oct 2010
  • First Look

First Look: October 26, 2010

trust. Building trust is crucial for successful negotiations between cultures, yet intercultural negotiations are often characterized by a lack of trust. We discuss what trust is, why it matters, and why it is so difficult to establish in... View Details
Keywords: Sean Silverthorne
  • 21 Dec 2023
  • Blog Post

Top 10 MBA Voices Blogs of 2023

to sustainability, cases share the story of a business leader (the case protagonist) making a key decision in a difficult situation. In the classroom, students discuss and debate potential solutions with... View Details
  • 12 Nov 2013
  • First Look

First Look: November 12

GlaxoSmithKline: Sourcing Complex Professional Services Pharmaceutical company GlaxoSmithKline (GSK) uses an innovative new approach to procuring outside legal counsel: it replaces relationship-based selection and law firms' traditional time-based billing with... View Details
Keywords: Sean Silverthorne
  • 17 Dec 2013
  • First Look

First Look: December 17

as an imperial power. Publisher's link: http://press.princeton.edu/titles/9952.html August 2013 American Economic Review Household Bargaining and Excess Fertility: An Experimental Study in Zambia By: Ashraf, Nava, Erica Field, and Jean Lee Abstract—We posit that... View Details
Keywords: Carmen Nobel
  • 01 Mar 2024
  • News

Game On

months waiting and watching. Pickleball turned out to be the answer many people needed to the pandemic: Players stand 6 or 7 feet away from their partner, and 15 to 20 feet away from their opponents on a mini tennis court. The game is easy to pick up for a newbie but... View Details
Keywords: Jen McFarland Flint; photographed by Edward Linsmier; Amusement, Gambling, and Recreation Industries; Arts, Entertainment