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  • October 2016 (Revised December 2016)
  • Module Note

Strategy Execution Module 6: Evaluating Strategic Profit Performance

By: Robert Simons
This module reading demonstrates how to calculate and analyze the profit generated by different business strategies. Formulas and examples are provided to calculate profit generated by changes in market share, revenue growth, efficiency improvements, and support costs.... View Details
Keywords: Management Control Systems; Implementing Strategy; Execution; Evaluating Business Performance; Profitability Analysis; Variance Analysis; Measuring Effectiveness; Measuring Efficiency; Activity-Based Costing; Flexible Budget; Accounting; Strategy
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  • 2019
  • Book

The Economic Turn: Recasting Political Economy in Enlightenment Europe

By: Steven L. Kaplan and Sophus A. Reinert
The mid-eighteenth century witnessed what might be dubbed an “economic turn” that resolutely changed the trajectory of world history. From the birth of new agricultural practices and the foundation of private societies to the sustained and popular theorization of... View Details
Keywords: Economic Systems; Trade; History; Markets; Society; France; Europe
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  • 2019
  • Working Paper

Veil-of-Ignorance Reasoning Favors the Greater Good

By: Karen Huang, Joshua D. Greene and Max Bazerman
The “veil of ignorance” is a moral reasoning device designed to promote impartial decision-making by denying decision-makers access to potentially biasing information about who will benefit most or least from the available options. Veil-of-ignorance reasoning was... View Details
Keywords: Policy-making; Procedural Justice; Ethics; Decision Making; Fairness
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  • 2018
  • Book

The Academy of Fisticuffs: Political Economy and Commercial Society in Enlightenment Italy

By: Sophus A. Reinert
The terms “capitalism” and “socialism” continue to haunt our political and economic imaginations, but we rarely consider their interconnected early history. Even the 18th century had its “socialists,” but unlike those of the 19th, they paradoxically sought to make the... View Details
Keywords: Enlightenment; Political Economy; Italy; Commercial Society; Economic Systems; Trade; History; Markets; Society; Italy
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  • 01 Jun 2023
  • News

3-Minute Briefing: Jeremy Grantham (MBA 1966)

Edited by Julia Hanna; photo by Webb Chappell When I was 16, I took my savings to the bank and bought some shares of a neighbor’s scaffolding company. Before coming to HBS, I sold them to my mother, who had also acquired some, and we felt pleased about saving the... View Details
Keywords: climate change; finance; sustainability; prediction; Finance
  • Web

Accounting & Management Awards & Honors - Faculty & Research

for Outstanding Faculty Service. 2017 Ethan C. Rouen : Winner of the 2017 Deloitte Foundation Wildman Medal from the American Accounting Association for “Financial Statement Irregularities: Evidence from the Distributional Properties of... View Details
  • Portrait Project

Nicolle Richards

I experienced immense heartbreak and agony as I lost my faith, slowly, then all at once. As the child of missionaries, Christianity had been the foundation of my entire life. But two years into college, three read-throughs of the Bible,... View Details

    Robert C. Merton

    Robert C. Merton is the School of Management Distinguished Professor of Finance at the MIT Sloan School of Management.

    Merton is University Professor Emeritus at Harvard University and was the George Fisher Baker Professor of... View Details

    Keywords: banking; brokerage; financial services; insurance industry; investment banking industry; retail financial services
    • 19 Jan 2024
    • News

    The Values and Virtues of a Quick Fix

    So using the short-form video. Yes, get out there in the traditional spaces, but also use the video camera in everybody's pocket to reinforce the message that you're trying to send. DM: The book culminates in a chapter that focuses on forward movement using all these... View Details
    • 13 Nov 2023
    • Blog Post

    HBS Veteran Spotlight: Lindsey Chrismon (MBA 2025)

    foundational conversation continued to shape my approach to leadership. Each challenge faced and hurdle overcome reinforced the wisdom of those simple guidelines. The essence of leadership, I realized, wasn't just about authority or... View Details
    • 16 Jun 2020
    • News

    Your Customers Have Changed. Here's How to Engage Them Again.

    • 2023
    • Working Paper

    Rapport in Organizations: Evidence from Fast Food

    By: Achyuta Adhvaryu, Parker Howell, Anant Nyshadham and Jorge Tamayo
    Common identity often provides a foundation for workplace rapport. Though gender is perhaps the most frequently studied dimension of identity among workers, little is known about how gender match between managers and their workers might affect team performance. Using... View Details
    Keywords: Management; Relationships; Gender; Labor and Management Relations; Organizational Change and Adaptation; Employees; Food and Beverage Industry; Colombia
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    • 2022
    • Article

    Which Explanation Should I Choose? A Function Approximation Perspective to Characterizing Post hoc Explanations

    By: Tessa Han, Suraj Srinivas and Himabindu Lakkaraju
    A critical problem in the field of post hoc explainability is the lack of a common foundational goal among methods. For example, some methods are motivated by function approximation, some by game theoretic notions, and some by obtaining clean visualizations. This... View Details
    Keywords: Mathematical Methods; Decision Choices and Conditions; Analytics and Data Science
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    • November 22, 2022
    • Article

    Is Novel Research Worth Doing? Evidence from Peer Review at 49 Journals

    By: Misha Teplitskiy, Hao Peng, Andrea Blasco and Karim R. Lakhani
    There are long-standing concerns that peer review, which is foundational to scientific institutions like journals and funding agencies, favors conservative ideas over novel ones. We investigate the association between novelty and the acceptance of manuscripts submitted... View Details
    Keywords: Research; Journals and Magazines
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    • October 2021 (Revised January 2022)
    • Supplement

    Michael Ku and Global Clinical Supply at Pfizer Inc.: Bringing Hope to Patients (C)

    By: Linda A. Hill and Emily Tedards
    This case is the third installment in a series about the 10-year cultural and digital transformation of Pfizer’s Global Clinical Supply organization. In 2011, Michael Ku became Pfizer’s Vice President of Global Clinical Supply (GCS) after the company had undergone... View Details
    Keywords: Clinical Supply Chain; COVID-19; Vaccine; Agile; Innovation and Invention; Change Management; Organizational Culture; Transformation; Leadership; Corporate Strategy; Health Pandemics; Crisis Management; Mission and Purpose; Health Care and Treatment; Supply Chain Management; Digital Transformation
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    • 2014
    • Working Paper

    Bridging Science and Technology Through Academic-Industry Partnerships

    By: Sen Chai and Willy C. Shih
    Scientific research and its translation into commercialized technology is a driver of wealth creation and economic growth. Partnerships to foster the translational processes from public research organizations, such as universities and hospitals, to private firms are a... View Details
    Keywords: Innovation; Firm Performance; Public-private Partnership Funding; Translational Research; Small And Medium Enterprises; Partners and Partnerships; Public Sector; Private Sector; Performance; Science-Based Business; Innovation and Invention
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    • February 2009 (Revised September 2009)
    • Case

    Investing in Early Learning as Economic Development at the Minneapolis Federal Reserve Bank

    By: Stacey M. Childress and Geoff Eckman Marietta
    In his role as Senior Vice President and Director of Research at the Federal Reserve Bank of Minneapolis (Minneapolis Fed), Art Rolnick and his colleague, Rob Grunewald, had written "Early Childhood Development: Economic Development with a High Public Return." The... View Details
    Keywords: Development Economics; Early Childhood Education; Investment Return; Demand and Consumers; Supply and Industry; Performance Effectiveness; Nonprofit Organizations; Minneapolis; Saint Paul
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    • 01 Nov 2013
    • HBS Seminar

    Eric Olson, Chief Scientific Officer at Syros Pharmaceuticals

    • Web

    Indoor Spaces | About

    experience. de Gaspé Beaubien Reading Room The de Gaspé Beaubien Reading Room, located in Baker Library | Bloomberg Center, was made possible through the support of the de Gaspé Beaubien Family Foundation and is named in honor of the... View Details
    • Profile

    Brice Fodouop

    felt he had established a foundation “for understanding day-to-day manufacturing. But I eventually want to run my own company, and I need a leader’s understanding of business fundamentals such as strategy, financial modeling, and the... View Details