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  • All HBS Web  (935)
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  • 01 Mar 2007
  • News

Courting the Poor

procedure for credit approval, using nontraditional metrics to enable customers with lower, less easily established incomes (a pushcart vendor, for example) to make purchases. “Their loan repayment rates are... View Details
Keywords: Julia Hanna; department stores; Colleges, Universities, and Professional Schools; Educational Services; Management of Companies and Enterprises; Management; Miscellaneous Store Retailers; Retail Trade
  • 09 Jul 2024
  • News

On Balance

Mary Wooldridge (MBA 1994) has encountered gender discrimination in the workplace. “I think it’d be hard to find a woman in any workplace who didn’t have personal experiences of it,” she says. As director of Australia’s Workplace Gender Equality Agency, Wooldridge, who... View Details
  • 01 Jun 2012
  • News

Ideas

Poor’s—controlled 97 percent of the credit ratings market. The status quo was disrupted, however, by the 2008 global economic recession, an event that the Big Three contributed to by giving overly optimistic... View Details
Keywords: Finance; Manufacturing
  • 01 Dec 2008
  • News

Seth Klarman

Professor Bill Poorvu recruited him to help manage a $27 million pool of capital in the newly formed Baupost. While the starting salary was an underwhelming $35K, it turned out to be the opportunity of a lifetime. In 26 years, Baupost has racked up an enviable 20... View Details
Keywords: Roger Thompson; Finance
  • 01 Mar 2018
  • News

Can a Digital Platform Open Up the Opaque Metals Industry?

20th century at best, if not the first half of the 20th century,” Eykher says. To address the issue of trust, the Open Mineral team verifies the identity of every member and only accepts companies with a good history; they require transactions to be supported by... View Details
Keywords: Nicole Torres
  • 01 Jan 2003
  • News

Charles O. Rossotti, MBA 1964

commissioner who was a professional manager rather than a tax attorney. "I was attracted by the challenge of turning around a huge institution that affects everybody in the country," says Rossotti. "It wasn't acceptable to have an agency... View Details
  • 01 Dec 2008
  • News

Back to the Future

$4 a gallon, stunning American motorists. The results were predictable: Prices for everything skyrocketed, and an already recessionary U.S. economy, soon to be slammed by the mortgage and credit crises, began slouching toward the 1930s.... View Details
Keywords: Garry Emmons; Transportation Equipment Manufacturing; Manufacturing; Oil and Gas Extraction; Mining
  • 19 May 2015
  • News

Getting Ready for Success

inspired me to reach higher, I don’t think I would have even considered the Ivy League. That’s a trap even the brightest kids in public high school graduates experience even today.” After Penn, Huebner headed to Wall Street for a job at View Details
Keywords: Jill Radsken; Educational Services
  • 01 Jun 2007
  • News

Steve Schwarzman

still some of that today. A lot of investors were not as familiar with private equity, so we needed to basically spend time just trying to explain what was going on. Private-equity firms have borrowed billions at low interest rates to buy... View Details
Keywords: Roger Thompson; Finance
  • 01 Jun 2024
  • News

Outside Voices

In just 15 years, Greece managed to seesaw from one economic extreme to the other, from almost breaking the eurozone at the depth of its debt crisis to becoming one of the fastest growing economies in Europe in 2023, according to the IMF. Now wages are rebounding,... View Details
Keywords: Jen McFarland Flint; illustration by Pete Ryan; immigration; repatriation; innovation; public policy; Greece
  • 01 Sep 2008
  • News

Mara Aspinall

higher efficacy rate — 80 percent or more. Is 80 percent efficacy unusual for drugs currently on the market? Across all patients and diseases, drug efficacy averages 50 percent, so half the time they bring no clinical benefit. That’s not... View Details
Keywords: Deborah Blagg; Ambulatory Health Care Services; Health, Social Assistance
  • 01 Oct 2000
  • News

The Entrepreneurial Venture

entrepreneurial activity, which drew people away from large companies and encouraged them to take risks. Bill Sahlman: Also, when we graduated from HBS, the economy was in recession, inflation and interest rates were high, productivity... View Details
  • 25 Jun 2014
  • News

A Man on a Mission

of 27 marathons, including the Boston Marathon (twice), Earls has proven that he can accomplish just about anything he sets his mind to. When Earls officially retired at the end of 2005, he was director of NASA's Glenn Research Center in Cleveland, Ohio. He had been... View Details
Keywords: Robert S. Benchley; NASA; Colleges, Universities, and Professional Schools; Educational Services; Scientific Research and Development Services
  • 12 May 2016
  • News

Food Rescue Is on a Mission

his wife, who also attended a leadership course at HBS, in 2014. “Ninety-five percent of what we collect is fresh and nutritious. It’s not just filling the stomach.” In the 10 years since that first delivery, SecondBite has grown to 800 volunteers who network with... View Details
Keywords: Jill Radsken
  • 01 Dec 2006
  • News

One-on-One with Jeff Hicks

HICKS Illustration by Joe Ciardiello Jeff Hicks (MBA ’97) arrived at HBS with ten years of experience as an advertising executive at Leo Burnett in Chicago. Disillusioned with the trend toward “unbundling” agencies into different... View Details
Keywords: Julia Hanna; Advertising, Public Relations, and Related Services; Professional Services
  • 01 Oct 2000
  • News

Laura Scher of Working Assets

Most of the money is taken from revenues generated by the Working Assets credit card, long-distance telephone, and Internet businesses, whose customers sign on for these services because they support the company's progressive stance and... View Details
Keywords: Marguerite Rigoglioso
  • 02 Mar 2016
  • News

The New Space Race

This entrepreneurial energy is following a decidedly terrestrial opportunity. The nonprofit advocacy group Space Foundation estimated that the global size of the industry reached $330 billion in 2014, with an annual growth rate of 9... View Details
Keywords: Robert S. Benchley
  • 01 Sep 2015
  • News

Alumni and Faculty Books for September 2015

Airlines. Evolving Ourselves: How Unnatural Selection and Nonrandom Mutation Are Changing Life on Earth by Juan Enriquez (MBA 1986) and Steve Gullans (Current) The authors survey how humans are changing the course of their evolution, seen, for example, in rising View Details
  • 01 Dec 2020
  • News

Invest in the New Abnormal

globally by 62 percent. Be human when it comes to money. The same principle applies to customers facing financial hardship, says Deshpandé, who encourages firms to initiate crediting and financing, deferral of payments, new payment terms,... View Details
  • 01 Mar 2023
  • News

The Exchange: Micro Management

Image by John Ritter In the 50 years since modern microfinance was introduced as a tool to fight poverty, institutions have distributed hundreds of millions of loans to people in developing countries. Such loans are repaid at rates often... View Details
Keywords: Jen McFarland Flint; Funds, Trusts, and Other Financial Vehicles; Finance
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