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      Theories Of ChangeRemove Theories Of Change →

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      • April 1978 (Revised January 1985)
      • Case

      Searle Medical Instruments Group (Abridged)

      By: Steven C. Wheelwright
      SMIG, a division of G.D. Searle, was a fast growing high market-share company in the field of nuclear medical instruments. It manufactured two basically different product lines, one very successful and the other less so. Although marketing was separate for these... View Details
      Keywords: Change; Brands and Branding; Market Participation; Production; Success; Performance Capacity; Expansion; Medical Devices and Supplies Industry
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      Wheelwright, Steven C. "Searle Medical Instruments Group (Abridged)." Harvard Business School Case 678-189, April 1978. (Revised January 1985.)
      • 1 Mar 1978
      • Conference Presentation

      The Changing Shape of Work: Psychosocial Trends in America

      By: R. M. Kanter
      Keywords: Social Issues
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      Kanter, R. M. "The Changing Shape of Work: Psychosocial Trends in America." Paper presented at the American Association for Higher Education Annual Meeting, Chicago, March 1, 1978. (Also in Current Issues in Higher Education: 1978 National Conference Series. Washington, D.C.: American Association for Higher Education, 1978.)
      • February 1978
      • Case

      Sierra Log Homes, Inc. (A)

      By: Michael E. Porter
      Describes the history and evolution of the log home manufacturing industry, a rapidly growing embryonic industry capitalizing on the back-to-basics lifestyle changes in the United States. Focuses on one of the leading firms in the industry, but allows a discussion of... View Details
      Keywords: Business or Company Management; Change Management; Industry Structures; Supply and Industry; Problems and Challenges; Business Startups; Business Strategy; Manufacturing Industry; United States
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      Porter, Michael E. "Sierra Log Homes, Inc. (A)." Harvard Business School Case 378-195, February 1978.
      • August 1977 (Revised April 1987)
      • Case

      Crown Cork & Seal Co., Inc.

      By: Richard G. Hamermesh, Karen Gordon Mills and John P. Reed
      Describes the technical, economic, and competitive trends in the metal container industry. The strategy of Crown Cork and Seal is then described in relation to these trends. Focuses on two immediate threats to Crown's strategy: the future of aerosol cans, given the... View Details
      Keywords: Business Strategy; Industry Structures; Environmental Sustainability; Trends; Manufacturing Industry
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      Hamermesh, Richard G., Karen Gordon Mills, and John P. Reed. "Crown Cork & Seal Co., Inc." Harvard Business School Case 378-024, August 1977. (Revised April 1987.)
      • June 1977
      • Article

      An Analytic Derivation of the Cost of Deposit Insurance and Loan Guarantees : An Application of Modern Option Pricing Theory

      By: Robert C. Merton
      Keywords: Cost; Insurance; Financing and Loans; Price; Theory
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      Merton, Robert C. "An Analytic Derivation of the Cost of Deposit Insurance and Loan Guarantees : An Application of Modern Option Pricing Theory." Journal of Banking & Finance 1 (June 1977): 3–11.
      • Article

      Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods

      By: Jerry R. Green and Jean-Jacques Laffont
      Social decision mechanisms that admit dominant strategies and result in Pareto optima are characterized by the class of mechanisms proposed by Groves. The concept of decision mechanisms is generalized and the characterization is shown to extend to these cases. View Details
      Keywords: Decision Mechanisms; Game Theory; Economics
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      Green, Jerry R., and Jean-Jacques Laffont. "Characterization of Satisfactory Mechanisms for the Revelation of Preferences for Public Goods." Econometrica 45, no. 2 (March 1977): 427–438.
      • 1976
      • Working Paper

      Continuous-Time Portfolio Theory and the Pricing of Contingent Claims

      By: Robert C. Merton
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      Merton, Robert C. "Continuous-Time Portfolio Theory and the Pricing of Contingent Claims." Sloan School of Management Working Paper, No. 881-76, November 1976.
      • October 1976 (Revised February 1987)
      • Case

      Cramer Electronics, Inc.

      By: Michael E. Porter
      Designed to be the second day of a two-day series on the electronic component distribution industry, following a day spent discussing Note on the Electronic Component Distribution Industry and Raytheon Co.: Diversification. The important teaching themes which this case... View Details
      Keywords: Change Management; Innovation Strategy; Management Style; Resource Allocation; Opportunities; Corporate Strategy; Diversification; Distribution Industry; Electronics Industry
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      Porter, Michael E. "Cramer Electronics, Inc." Harvard Business School Case 377-063, October 1976. (Revised February 1987.)
      • October 1976
      • Background Note

      Industry Structural Change

      By: Michael E. Porter
      Presents a framework for understanding and predicting industry structural change. Examines 1) the important underlying forces causing structural change, 2) the key relationships among industry elements in the process of change, and 3) some implications of change for... View Details
      Keywords: Framework; Industry Structures; Organizational Change and Adaptation; Organizational Structure; Strategy; Corporate Strategy
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      Porter, Michael E. "Industry Structural Change." Harvard Business School Background Note 377-051, October 1976.
      • July 1976 (Revised April 1983)
      • Case

      Corning Glass Works: The Electronic Products Division (A)

      By: Michael Beer
      Describes a division of Corning Glass Works that finds itself with deep financial and organizational problems. Severe conflict and lack of coordination exist between functional groups. Employees do not have a sense of direction and morale is low. Provides sufficient... View Details
      Keywords: Business Divisions; Change Management; Transformation; Employees; Working Conditions; Business or Company Management; Organizational Change and Adaptation
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      Beer, Michael. "Corning Glass Works: The Electronic Products Division (A)." Harvard Business School Case 477-024, July 1976. (Revised April 1983.)
      • January 1976
      • Background Note

      Managing Change, Part I: The Problem of Resistance

      By: John P. Kotter and Jay W. Lorsch
      Keywords: Change Management
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      Kotter, John P., and Jay W. Lorsch. "Managing Change, Part I: The Problem of Resistance." Harvard Business School Background Note 476-102, January 1976.
      • 1976
      • Article

      The Asymptotic Theory of Stochastic Games

      By: Truman F. Bewley and Elon Kohlberg
      Keywords: Games, Gaming, and Gambling; Theory
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      Bewley, Truman F., and Elon Kohlberg. "The Asymptotic Theory of Stochastic Games." Mathematics of Operations Research, no. 1 (1976): 197 – 208.
      • 1975
      • Working Paper

      Information, Efficiency and Equilibrium

      By: Jerry R. Green
      When economic agents receive information over time concerning future events it is likely that prices for commodities whose value is influenced by these events will fluctuate in response to changes in the state of knowledge. If such events occur periodically,... View Details
      Keywords: Economics; Supply and Industry; Price
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      Green, Jerry R. "Information, Efficiency and Equilibrium." Harvard Institute of Economic Research Discussion Paper, No. 284, December 1975.
      • November 1975
      • Article

      Theory of Finance from the Perspective of Continuous Time

      By: Robert C. Merton
      Keywords: Theory; Finance
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      Merton, Robert C. "Theory of Finance from the Perspective of Continuous Time." Journal of Financial and Quantitative Analysis 10 (November 1975): 659–674.
      • July 1975
      • Article

      An Asymptotic Theory of Growth Under Uncertainty

      By: Robert C. Merton
      Keywords: Theory; Growth and Development; Risk and Uncertainty
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      Merton, Robert C. "An Asymptotic Theory of Growth Under Uncertainty." Review of Economic Studies 42, no. 3 (July 1975): 375–393. (Chapter 17 in Continuous-Time Finance.)
      • 1975
      • Article

      Women and the Structure of Organizations: Explorations in Theory and Behavior

      By: R. M. Kanter
      Keywords: Behavior; Organizations; Theory; Gender
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      Kanter, R. M. "Women and the Structure of Organizations: Explorations in Theory and Behavior." Sociological Inquiry 45, nos. 2-3 (1975). (Also in Another Voice, edited by M. Millman and R.M. Kanter. N.Y.: Doubleday Anchor, 1975; Reprintings include: The Management of Libraries: Basic Readings, edited by B.P. Lynch. Neil Schuman, 1985; The Sociology of Organizations: Basic Studies, edited by O. Grusky and G.A. Miller (Rev. ed.) N.Y.: Free Press, 1980;.)
      • March 1974 (Revised June 1995)
      • Case

      First National City Bank Operating Group (B)

      By: Jay W. Lorsch
      Growth in demands on the bank's "back office" required a totally new approach to management. New stress on systems orientation, objectives, measurement, process design and control has resulted in lower costs, fewer people, and higher quality. Also resulted in fear,... View Details
      Keywords: Change Management; Transition; Banks and Banking; Management Practices and Processes; Managerial Roles; Production; Outcome or Result; Banking Industry
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      Lorsch, Jay W. "First National City Bank Operating Group (B)." Harvard Business School Case 474-166, March 1974. (Revised June 1995.)
      • March 1974 (Revised June 1996)
      • Case

      First National City Bank Operating Group (A)

      By: Jay W. Lorsch
      Growth in the banking field has produced new demands on the "back office." Traditional management practices in check processing and paper handling operations have resulted in ten years of cost increases and quality loss. New manager of the operating group faces an... View Details
      Keywords: Change Management; Transition; Banks and Banking; Management Practices and Processes; Managerial Roles; Production; Banking Industry
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      Lorsch, Jay W. "First National City Bank Operating Group (A)." Harvard Business School Case 474-165, March 1974. (Revised June 1996.)
      • Article

      The Stability of Edgeworth's Recontracting Process

      By: Jerry R. Green
      The core is the set of all unblocked allocations. Implicit in this definition is the idea that if an allocation is proposed which could be blocked, some coalition will form and issue a counterproposal which it can enforce. A process of successive counterproposals based... View Details
      Keywords: Game Theory; Economics
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      Green, Jerry R. "The Stability of Edgeworth's Recontracting Process." Econometrica 42, no. 1 (January 1974): 21–34.
      • May 1973
      • Book Review

      Book Review of Studies in the Theory of Capital Markets, edited by M.C. Jensen

      By: Robert C. Merton
      Keywords: Theory; Markets
      Citation
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      Merton, Robert C. "Book Review of Studies in the Theory of Capital Markets, edited by M.C. Jensen." Journal of Money, Credit & Banking 5, no. 2 (May 1973): 729–730.
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