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  • All HBS Web  (1,436)
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  • January 2014 (Revised April 2025)
  • Supplement

The PGA Tour (C)

By: Ramon Casadesus-Masanell and Cole Magrath

In 1994, the PGA Tour (the "Tour"), the dominant incumbent professional golf circuit, had created tremendous value for its players. In the 1974 season, players competed for $8 million in prize money; by the 1994 season, the total prize purse had increased to $56... View Details
Keywords: PGA Tour; Tim Finchem; Deane Beman; Golf; Professional Golf; Business Model; Value Creation; Adaptation; Sports; Business Strategy; Sports Industry; United States
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Casadesus-Masanell, Ramon, and Cole Magrath. "The PGA Tour (C)." Harvard Business School Supplement 714-444, January 2014. (Revised April 2025.)
  • 13 Dec 2022
  • HBS Seminar

Christine Beckman, USC Price School of Public Policy

  • January 2014 (Revised April 2025)
  • Supplement

The PGA Tour (D)

By: Ramon Casadesus-Masanell and Cole Magrath

In 1994, the PGA Tour (the "Tour"), the dominant incumbent professional golf circuit, had created tremendous value for its players. In the 1974 season, players competed for $8 million in prize money; by the 1994 season, the total prize purse had increased to $56... View Details

Keywords: PGA Tour; Tim Finchem; Deane Beman; Golf; Professional Golf; Business Model; Value Creation; Adaptation; Sports; Business Strategy; Sports Industry; United States
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Casadesus-Masanell, Ramon, and Cole Magrath. "The PGA Tour (D)." Harvard Business School Supplement 714-445, January 2014. (Revised April 2025.)
  • 10 Oct 2023
  • Blog Post

Policy Drivers for Environmental Justice: What Businesses Need to Know

the examples that dominate the connection between EJ and business are workforce oriented, such as new factories for solar cells or electric vehicles, there are other important areas for business to work in and policy incentives to do so.... View Details
  • 15 Jan 2014
  • Research & Ideas

Managing the Family Business: It Takes a Village

system united. Sibling systems have the hardest time working out who should have what leadership role and power. “The one-leader model still dominates everywhere and at all stages” With those few exceptions, the one-leader model still... View Details
  • 21 Feb 2005
  • Op-Ed

Is Business Management a Profession?

began to move into the position of dominance that it enjoys in the MBA curriculum today. Building on the foundational work of Adolf Berle and Gardiner Means on the separation of ownership and control in the large corporation, and of... View Details
Keywords: by Rakesh Khurana, Nitin Nohria & Daniel Penrice
  • Web

Serving the Public Interest Through Competition: British Railroads - Railroads and the Transformation of Capitalism | Harvard Business School

London, and as various companies subsumed these and other lines, they came to dominate a geographic area. Companies competing for territory would sometimes build duplicate tracks, resulting in an inefficient system of surplus lines. By... View Details
  • 20 Sep 2022
  • Research & Ideas

How Partisan Politics Play Out in American Boardrooms

American corporations have never been more partisan—starting at the top with executives who often bring on like-minded managers belonging to the same political party. Now, new research shows that when boardrooms are dominated by one... View Details
Keywords: by Pamela Reynolds
  • January 15, 2019
  • Article

Is Your Company's Strategy Aligned with Your Ownership Model?

By: Josh Baron
The legacy of Vanguard founder John Bogle has brought attention to the transformative influence of ownership structures within the business world. Bogle's revolutionary insight into the limitations of active fund management led to the widespread adoption of index... View Details
Keywords: Ownership Type; Business Strategy; Organizational Structure; Strength and Weakness; Competitive Advantage
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Baron, Josh. "Is Your Company's Strategy Aligned with Your Ownership Model?" Harvard Business Review (website) (January 15, 2019).
  • 20 Aug 2008
  • Op-Ed

The Time is Right for Creative Capitalism

he succeeded so convincingly playing the game of market capitalism that first emerged in the late 19th century and grew to great influence during the 20th century. This game or system has been dominated in many industries by large,... View Details
Keywords: by Nancy Koehn
  • Blog

Leading Successful Digital Transformation

connect buyers and sellers, which creates a flywheel where a single player often dominates the market. As banking products become commoditized, some banks such as BBVA are positioning themselves to become platforms like Amazon to connect... View Details
  • 18 Jul 2019
  • News

Lessons from the Rise and Fall of VisiCalc

upstarts to challenge the dominance of the tech giants, who tend to get further out in front of potential disruption. Take, for example, the way Microsoft embraced the shift to cloud-based software, or how Google had the vision to invest... View Details
  • 2008
  • Chapter

Corporate Honesty and Business Education: A Behavioral Model

By: Rakesh Khurana and Herbert Gintis
Since the mid-1970s neoclassical economic theory has dominated business school thinking and teaching in dealing with the nature of human motivation. However valuable in understanding competitive product and financial markets, neoclassical economic theory employs an... View Details
Keywords: Business Education; Ethics; Managerial Roles; Corporate Social Responsibility and Impact; Organizational Culture; Business and Shareholder Relations; Mathematical Methods; Behavior
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Khurana, Rakesh, and Herbert Gintis. "Corporate Honesty and Business Education: A Behavioral Model." In Moral Markets: The Critical Role of Values in the Economy, edited by Paul J. Zak. Princeton University Press, 2008.
  • 07 Apr 2015
  • News

Warrior Spirit

ranging from $2 billion to $4 billion, depending on the cited source. While UFC stages events in Asia, ONE FC has the larger market share; Sityodtong sees the potential for a familiar dynamic to play out between the two organizations. “In every industry there’s a View Details
Keywords: Julia Hanna; Performing Arts, Spectator Sports, and Related Industries; Arts, Entertainment; Amusement, Gambling, and Recreation Industries; Arts, Entertainment; Technical and Trade Schools; Educational Services
  • 02 Oct 2006
  • Research & Ideas

Negotiating in Three Dimensions

careers—as investment bankers, entrepreneurs, and in government agencies such as the State Department—both doing deals directly and advising on them. This long-term engagement with deals and dealmakers has left us increasingly dissatisfied with the "one... View Details
Keywords: by Martha Lagace
  • 02 Aug 2017
  • What Do You Think?

Summing Up: Why Can’t Organizations Engage Their Employees?

Engaged workers are more productive. (iStock) iStock SUMMING UP: How Can We Prepare Leaders to Engage Their Associates? This month’s column elicited a number of reasons on why organizations around the world do such a poor job of engaging their employees. The View Details
Keywords: by James Heskett
  • Web

Research - Race, Gender & Equity

Sanaz Mobasseri, William A. Kahn and Robin J. Ely This paper uses systems psychodynamic concepts to develop theory about the persistence of racial inequality in U.S. organizations and to inform an approach for disrupting it. We treat White men as the View Details
  • 31 May 2017
  • What Do You Think?

Can Amazon Do What Walmart Couldn’t, Stop the 'Wheel of Retailing'?

of customers and the volume of sales increase, the retailer gains a dominant position in the market. The goal gradually shifts from attracting more customers to increasing prices and margins in order to achieve higher profits. That... View Details
Keywords: by James Heskett; Retail
  • 05 Sep 2007
  • Working Paper Summaries

Global Currency Hedging

Keywords: by John Y. Campbell, Karine Serfaty-de Medeiros & Luis M. Viceira; Financial Services
  • 06 Dec 2017
  • What Do You Think?

Is It Time To Break Up Amazon, Apple, Facebook, or Google?

you name Google’s closest competitor in search and search-related advertising? That’s market power” Now comes the “New Tech Big Four,” often characterized as Apple, Amazon, Facebook, and Google. Like their older cousin Microsoft, all are View Details
Keywords: by James Heskett; Technology; Web Services
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