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  • All HBS Web  (1,891)
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  • 03 Dec 2020
  • Research & Ideas

Cut Payroll Costs with Transparency, Fairness, and Compassion

Engaged and Motivated Good Leadership Is an Act of Kindness Some companies have opted to make pay cuts commensurate with salary ranges, with higher-paid employees taking a larger percentage cut than lower-paid workers. Estée Lauder Companies announced a 50 percent chop... View Details
Keywords: by Boris Groysberg and Sarah Abbott
  • 15 Jan 2014
  • Research & Ideas

Managing the Family Business: It Takes a Village

awful ones. To illustrate my profile of a great family business system leader, I'll use one of my favorite examples: Nelson Sirotsky, chairman of Grupo RBS, his family's world-class media company based in Porto Alegre in the south of... View Details
  • 04 Oct 2022
  • What Do You Think?

Have Managers Underestimated the Need for Face-to-Face Contact?

organizations can be built on remote work and remote workers, even those working in a hybrid manner with some time spent in the office. Greg Carmichael, CEO and chairman of Fifth Third Bancorp, quoted in a previous column, put it most... View Details
Keywords: by James Heskett
  • 29 Jul 2013
  • Research & Ideas

A Manager’s Moral Obligation to Preserve Capitalism

process, in which diverse views are able to provide input with no one party able to receive a special voice. "As the chairman of Goldman Sachs or Citigroup or IBM, you have a substantial capacity to structure the rules of the game... View Details
Keywords: by Michael Blanding
  • 09 Aug 2021
  • Research & Ideas

OneTen: Creating a New Pathway for Black Talent

opportunity to earn their own way. It’s about the distribution of dignity. IBM Executive Chairman Ginni Rometty, one of OneTen’s founders and board co-chair, explains that the goal of OneTen is not to simply move people into any job. “We... View Details
Keywords: by Rawi E. Abdelal, Katherine Connolly Baden, and Boris Groysberg
  • 22 May 2017
  • Lessons from the Classroom

A Luxury Industry Veteran Teaches the Importance of Aesthetics to Budding Business Leaders

Pauline Brown joined the HBS faculty following a tenure as Chairman of North America at the French luxury goods conglomerate, LVMH Moët Hennessy Louis Vuitton. (Photo credit: Albert Cheung) To future CEOs who want to succeed in the... View Details
Keywords: by Carmen Nobel; Beauty & Cosmetics; Apparel & Accessories; Auto; Tourism
  • 24 Nov 2003
  • Research & Ideas

Boards and Corporate Governance: A Balanced Scorecard Approach

and as part of succession planning. Biographies Robert S. Kaplan is the Marvin Bower Professor of Leadership Development at Harvard Business School, and is a cofounder and chairman of Balanced Scorecard Collaborative, Inc. (BSCol). Prior... View Details
Keywords: Re: Robert S. Kaplan & Krishna G. Palepu
  • 18 Sep 2019
  • Op-Ed

WeWork—The IPO That Shouldn’t?

always be there to bail out WeWork? Is Chairman and CEO Masayoshi Son’s mutual admiration with Neumann part of the unspoken issue? It has been suggested that SoftBank may backstop the IPO in some respect by buying a major portion of the... View Details
Keywords: by Nori Gerardo Lietz; Financial Services; Real Estate
  • 18 Jul 2011
  • Research & Ideas

Looking in the Mirror: Questions Every Leader Must Ask

serving as vice chairman before leaving the firm in 2005. "I went from being a junior person to running a large business in what seemed like a nanosecond," he says. "And suddenly more people were watching what I did, and I... View Details
Keywords: by Carmen Nobel
  • 03 Jul 2013
  • What Do You Think?

What Are the Limits of Transparency?

evolved in some organizations into policies that gave employees much more information about the activities of the enterprise and more voice in determining what they felt they needed to know. Vineet Nayar, vice chairman and joint managing... View Details
Keywords: by James Heskett
  • 30 Jun 2003
  • Research & Ideas

Are You Supporting Your B Players?

managers, but an "inclusion" issue. People start to feel that they're no longer "in the club." Herb Kelleher, chairman of Southwest, decided to create a club of 114,000 employees, said DeLong. They don't espouse one... View Details
Keywords: by Martha Lagace
  • 12 Mar 2014
  • Lessons from the Classroom

Managing the Family Business: Firing the CEO

CEO. I once advised the chairman of a third-generation family business who was having difficulty with his son, whom he had recently named CEO. The new CEO was a decisive leader, smart and capable, with an MBA and a strong academic record.... View Details
  • 17 Dec 2007
  • Research & Ideas

The Rise of Medical Tourism

founder and chairman of Apollo Hospitals, says he spent a lot of time studying specialists almost like an executive search firm would, to identify their pleasure points and pain points in terms of building a successful practice in the... View Details
Keywords: by Martha Lagace; Health; Medical Devices & Supplies
  • 16 Aug 2004
  • Research & Ideas

Luxury Isn’t What It Used to Be

you, is it obvious what makes it a $100 towel? The product has to speak for itself," says Haupt, who started as a buyer at Bloomingdale's under former CEO and chairman Marvin S. Traub (HBS MBA '49). "It's a very competitive... View Details
Keywords: by Julia Hanna; Consumer Products
  • 27 Nov 2000
  • Research & Ideas

The Dynamics of Standing Still: Firestone Tire & Rubber and the Radial Revolution

shareholders, Firestone Chairman and CEO Richard Riley justified his company's heavy investment in terms of creating jobs instead of creating value for owners: The replacement and building of plants is what enables companies to continue... View Details
Keywords: by Donald N. Sull; Manufacturing; Transportation
  • 15 Oct 2007
  • Research & Ideas

Businesses Beware: The World Is Not Flat

treats market share as the result of building better cars more cheaply than its competitors, and not as an objective in and of itself. Its globalization has actually been driven by a complex array of coordination mechanisms across different regions, which View Details
Keywords: by Martha Lagace
  • 13 Oct 2009
  • Research & Ideas

7 Lessons for Navigating the Storm

sitting on a rare opportunity, and they must be systematic in how they take advantage of it if they want to make positive changes," says George, a Professor of Management Practice at HBS and the former chairman and CEO of Medtronic,... View Details
Keywords: by Martha Lagace
  • Research Summary

Sustainability and Integrated Reporting

A sustainable strategy for a company is one that enables it to create value for shareholders over the long term while contributing to a sustainable society. In doing so, it must balance the needs of different types of providers of financial capital (e.g.,... View Details

Keywords: Sustainability; Sustainability Reporting
  • Research Summary

Mastering Strategy Execution

By: Robert Simons

Professor Robert Simons’ research encompasses three areas of management accountability that are the foundation for successful strategy execution: organization design, performance measurement and control, and risk management. In addition, Simons is interested in the... View Details

  • Research Summary

The Value of Family Ownership, Control, and Management

In collaboration with Professor Raphael Amit of Wharton, Belén Villalonga is investigating how family ownership, control, and management affect firm value. Their forthcoming Journal of Financial... View Details

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