Publications

Educators

2013
Working Paper

Managers and Market Capitalism

By: Rebecca Henderson and Karthik Ramanna

In a capitalist system based on free markets, do managers have responsibilities to the system itself? If they do, should these responsibilities shape their behavior when they are engaging in the political process in an attempt to structure the institutions of... View Details

Keywords: Market Design; Economic Systems; Managerial Roles; Government and Politics

April 2001 (Revised July 2002)
Case

Martha Stewart Living Omnimedia (A)

By: Susan M. Fournier, Kerry Herman, Laura Winig and Andrea Carol Wojnicki

Martha Stewart Living Omnimedia (MSLO), a branded and integrated content and media company dedicated to "elevating the role of the homemaker," went public on October 19, 1999, creating a company with a market value of $1.73 billion, and a stake for Stewart worth $1.2... View Details

Keywords: Management; Media; Identity; Personal Characteristics; Brands and Branding; Media and Broadcasting Industry

Educators

Portrait Project

Janie McDonough

opportunities for jobs they might not have thought achievable, provided health insurance for 40 families and allowed peace of mind for retirement plans. My personal whiteboard contains lessons that have shaped who I am and represents View Details

08 Feb 2024
Blog Post

African American Student Union Spotlight on Joint Degrees

confidence to explore several career paths, knowing that the MS/MBA would always be a future option. My final decision to pursue the MS/MBA came towards the end of my deferral period, at which point I wanted to hone my skills at the... View Details

10 Jan 2017
First Look

First Look at New Research: January 10, 2017

alter the underlying setup, and a “final no.” Publisher's link: https://www.hbs.edu/faculty/Pages/item.aspx?num=52029 Disruptive Innovation: Intellectual History and Future Paths By: Christensen, Clayton M., Rory McDonald, Elizabeth J.... View Details

Keywords: Sean Silverthorne

21 Jan 2022
Blog Post

How HBS Financial Aid Can Help You Meet the Cost of Your MBA

HBS scholarship Students can get up to $30,000 in outside scholarships on top of an HBS scholarship While our scholarships can cover a substantial portion of the cost, no one receives a full-ride scholarship from HBS. This is a shared investment in your View Details

27 Mar 2017
Blog Post

Should Entrepreneurs Get an MBA?

“about the network.” To me, the term implies spending nights in poorly lit hotel conference rooms, making inane conversation, and angling to convert current strangers into future benefactors. It would be equally cynical though to deny... View Details

13 Dec 2021
Research & Ideas

The Unlikely Upside of Mergers: More Diverse Management Teams

leadership structure to payroll systems. “The disruption allows these patterns to be changed for the better,” he says. "How firms approach diversity issues during these critical moments could affect their inequality for many future... View Details

Keywords: by Lane Lambert

16 May 2000
Research & Ideas

The Simple Economics of Open Source

"signaling incentive," include the "career concern incentive" which refers to future job offers, shares in commercial open source-based companies or future access to venture capital, and... View Details

Keywords: by Martha Lagace; Technology

Forthcoming
Article

People Overestimate How Harshly They Are Evaluated for Disengaging from Passion Pursuit

By: Zachariah Berry, Brian J. Lucas and Jon M. Jachimowicz

The call to pursue one’s passion is ubiquitous advice, and prior research highlights the many upsides to doing so. To pursue one’s passion sustainably, people need to try different pursuits— and critically, drop those that are not tenable for them. However,... View Details

Keywords: Moral Sensibility; Attitudes; Perception; Judgments; Behavior; Goals and Objectives

2024
Working Paper

The Cram Method for Efficient Simultaneous Learning and Evaluation

By: Zeyang Jia, Kosuke Imai and Michael Lingzhi Li

We introduce the "cram" method, a general and efficient approach to simultaneous learning and evaluation using a generic machine learning (ML) algorithm. In a single pass of batched data, the proposed method repeatedly trains an ML algorithm and tests its empirical... View Details

Keywords: AI and Machine Learning

2018
Book

Business and the Natural Environment: A Research Overview

By: Andrew J. Hoffman and Susse Georg

The fields of corporate environmentalism, green business and corporate sustainability have grown significantly over the past twenty-five years, such that the academic research domains of business decision-making, accounting, organizational behaviour, and the protection... View Details

Keywords: Corporate Social Responsibility and Impact; Environmental Sustainability; Environmental Regulation; Research

June 2023
Article

Can Purpose Foster Stakeholder Trust in Corporations

By: Ranjay Gulati and Franz Wohlgezogen

As part of institutional changes toward more responsible capitalism, firms increasingly articulate a purpose beyond simply profit as a central tenet of their governance. Management scholarship has noted the potential advantages of such purpose-focus for stakeholder... View Details

Keywords: Stakeholder Management; Moral Identity; Mission and Purpose; Trust; Corporate Governance; Business and Stakeholder Relations

March 2020
Article

Gender Differences in Communicative Abstraction

By: Priyanka D. Joshi, Cheryl J. Wakslak, Gil Appel and Laura Huang

Drawing on construal level theory, which suggests that experiencing a communicative audience as proximal rather than distal leads speakers to frame messages more concretely, we examine gender difference in linguistic abstraction. In a meta-analysis of prior studies... View Details

Keywords: Construal Level Theory; Psychological Distance; Gender; Communication; Leadership

Article

Algorithms Need Managers, Too

By: Michael Luca, Jon Kleinberg and Sendhil Mullainathan

Algorithms are powerful predictive tools, but they can run amok when not applied properly. Consider what often happens with social media sites. Today many use algorithms to decide which ads and links to show users. But when these algorithms focus too narrowly on... View Details

Keywords: Machine Learning; Algorithms; Predictive Analytics; Management; Big Data; Analytics and Data Science

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November–December 2010
Article

A Method for Defining Value in Healthcare Using Cancer Care as a Model

By: Thomas W. Feeley, Heidi Albright, Ronald Walters and Thomas W. Burke

Value-based healthcare delivery is being discussed in a variety of healthcare forums. This concept is of great importance in the reform of the US healthcare delivery system. Defining and applying the principles of value-based competition in healthcare delivery models... View Details

Keywords: Value Creation; Cancer Care In The U.S.; Healthcare; Health; Management; Measurement and Metrics; Health Industry; North and Central America

2009
Working Paper

An Ounce of Prevention: The Power of Public Risk Management in Stabilizing the Financial System

By: David A. Moss

The magnitude of the current financial crisis reflects the failure of an economic and regulatory philosophy that had proved increasingly influential in policy circles over the past three decades.

This paper suggests (1) that contrary to the prevailing wisdom,... View Details

Keywords: Financial Crisis; Financial Institutions; Governing Rules, Regulations, and Reforms; Risk Management; Business and Government Relations; Balance and Stability