Publications

January 2017 (Revised October 2018)
Case

Novartis: A Transformative Deal

By: David Collis and Ashley Hartman

When Joe Jimenez became CEO of Swiss-based Novartis in 2010, replacing longtime CEO Dan Vasella, he assumed control of one of the top pharmaceutical companies in the world. Vasella, an avowed advocate of diversification, had expanded the scope of the company and... View Details

Keywords: Novartis; GlaxoSmithKline; Asset Swap; Acquisitions; Divestiture; Strategy Alignment; Pharmaceuticals; Strategy; Business Strategy; Corporate Strategy; Diversification; Consolidation; Mergers and Acquisitions; Pharmaceutical Industry

January 1998 (Revised November 2003)
Case

Morgan Stanley and S.G. Warburg: Investment Bank of the Future (A)

By: James K. Sebenius and David T. Kotchen

Describes secretive negotiations that took place between the top executives of Morgan Stanley and S.G. Warburg in the fall of 1994, when the two firms were contemplating a merger that would create one of the world's most powerful investment banks. By December, in order... View Details

Keywords: Negotiation; Investment Banking; Mergers and Acquisitions; Consolidation; Banking Industry; Financial Services Industry

Find at Harvard

19 Jul 2007
Research & Ideas

Podcast: Rupert Murdoch and the Wall Street Journal

worsen. The industry is now going through full-scale consolidation and reorganization in the face of competition from Internet properties. The trend begs the question: Is Murdoch overpaying for Dow Jones? Harvard Business School professor... View Details

Keywords: by Jim Aisner; Journalism & News; Publishing

19 Jan 2010
Sharpening Your Skills

Sharpening Your Skills: Managing the Economic Crisis

across the board, but rather weed out less effective initiatives and consolidate good ones. Effective programs that serve the community in a compelling way, and that also demonstrate a strong potential to influence the business, must be... View Details

Keywords: by Staff

01 Jun 1996
News

New Initiatives in MBA Recruiting

students to reach these 'nontraditional' firms, and vice versa." For example, where students once had to visit several different campus locations to piece together the information needed for a particular job search, they will have an HBS Web site at their disposal this... View Details

01 Feb 1997
News

Merton Discusses Risk Management at Dean's Seminar

a possible future profession: risk accounting. J.P. Morgan's Mendoza followed Merton's remarks with a brief discussion about specific structural changes currently taking place in the banking industry. Some institutions, he said, are View Details

Keywords: Elizabeth McNair

25 Jul 2007
Lessons from the Classroom

The Evolution of Apple

only 6 million units over the course of 3 years, compared with sales of 300 million PCs during the same period. "Apple's market share has always been lower than its consumer mind share," remarks Yoffie. Birth of The Cool In addition to generally View Details

Keywords: by Julia Hanna; Computer; Technology

01 Jun 2007
News

A Juicy Story

has always been lower than its consumer mind share,” remarks Yoffie. In addition to generally consolidating and restructuring Apple, Jobs halted production of the Newton, an early version of the personal digital assistant, and closed the... View Details

Keywords: Julia Hanna; Management, Scientific, and Technical Consulting Services; Professional Services

20 Feb 2007
First Look

First Look: February 20, 2007

Consolidation and the Institutional Contingency of Professional Counter-Mobilization in US Banking Authors:Christopher Marquis and Michael Lounsbury Periodical:Academy of Management Journal (forthcoming) Abstract In this paper, we... View Details

Keywords: Martha Lagace

July 2018
Case

LIXIL Group Corporation: Building a New Company in an Old Industry

By: Boris Groysberg and Akiko Kanno

In the spring of 2018, Kinya Seto, president and CEO of LIXIL Group Corporation, a major housing and building products and services company, called a meeting at the company’s head office in central Tokyo to discuss how to implement the new three-year strategic plan.... View Details

Keywords: Turnaround; Leadership And Change Management; Consolidation; Change Management; Leadership; Global Strategy; Business Model; Consumer Products Industry; Manufacturing Industry; Japan

04 Jan 2016
News

Taking Time Out for a Challenge

hit the small African nation in 2014. “Having watched Sierra Leone and its neighbors make great strides over the last decade to consolidate peace, grow their economies, and invest in public services, I knew they remained among the poorest... View Details

Keywords: ebola; Ambulatory Health Care Services; Health, Social Assistance

September 1998
Case

Vanguard Group, Inc. (1998), The

By: Andre F. Perold

Since the beginning of 1997, Vanguard's assets under management have increased more than 60% from $240 billion to almost $400 billion, making it second in market share only to Fidelity. Vanguard views this success as another vindication of its low-cost strategy of... View Details

Keywords: Asset Management; Cost Management; Investment Funds; Product; Service Operations; Performance Expectations; Competition; Consolidation; Expansion; Internet; Financial Services Industry