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  • 17 Apr 2017
  • News

Giving employees flexibility is all the rage. But a Harvard study says it might hurt productivity

  • 2022
  • Working Paper

Optimal Illiquidity

By: John Beshears, James J. Choi, Christopher Clayton, Christopher Harris, David Laibson and Brigitte C. Madrian
We calculate the socially optimal level of illiquidity in an economy populated by households with taste shocks and naive present bias. The government chooses mandatory contributions to accounts, each witha different pre-retirement withdrawal penalty. Collected... View Details
Keywords: Illiquidity; Commitment; Flexibility; Savings; Social Security; Retirement; Government Legislation; Taxation; Saving
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  • 12 Nov 2023
  • News

Labor Day Return-to-Office Mandates Fell Flat Because Workers (Still) Value Flexibility over Money, Says Harvard Future of Work Professor

  • July 15, 2013
  • Other Article

Pseudo-flexible Exchange-rate Regimes

By: Laura Alfaro and Fabio Kanczuk
According to the IMF, last decade saw a number of countries actively managing their exchange rates. Is this a good way for emerging economies to protect themselves from the large swings of international markets? This column presents a new "pseudo-flexible" exchange... View Details
Keywords: Flexibility; International Markets; Managing Exchange Rates; Currency Exchange Rate
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  • May 5, 2020
  • Article

Why the Crisis Is Putting Companies at Risk of Losing Female Talent

By: Colleen Ammerman and Boris Groysberg
There has been a massive shift in how work gets done inside many companies and the global pivot to working remotely will likely change how many think about face time and rigid work schedules. Might these changes benefit women? The authors argue that will depend on how... View Details
Keywords: Coronavirus Pandemic; Remote Work; Flexible Work Arrangements; Health Pandemics; Employees; Working Conditions; Gender
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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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  • March 2020
  • Article

Which Early Withdrawal Penalty Attracts the Most Deposits to a Commitment Savings Account?

By: John Beshears, James J. Choi, Christopher Harris, David Laibson, Brigitte C. Madrian and Jung Sakong
Previous research has shown that some people voluntarily use commitment contracts that restrict their own choice sets. We study how people divide money between two accounts: a liquid account that permits unrestricted withdrawals and a commitment account that is... View Details
Keywords: Quasi-hyperbolic Discounting; Present Bias; Sophistication; Naiveté; Commitment; Flexibility; Savings; Contract Design; Defined Contribution Retirement Plan; 401 (K); IRA; Saving; Behavior; Contracts; Design; Interest Rates
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  • 21 Aug 2023
  • Book

You’re More Than Your Job: 3 Tips for a Healthier Work-Life Balance

tenure. We’re seeing layoffs across the board, and senior employees aren’t protected from these headwinds,” she says. “When your identity is your job, it’s going to be harder for you to see your options. You won’t have as much flexibility... View Details
Keywords: by Kara Baskin
  • 22 Oct 2021
  • Research & Ideas

Want Hybrid Work to Succeed? Trust, Don’t Track, Employees

get work done." Just how flexible should companies be? That’s a question many business leaders are wrestling with as they try to balance the needs of the business with the preferences of their employees. Applying lessons gleaned from... View Details
Keywords: by Michael Blanding
  • 16 Apr 2019
  • Blog Post

How Being an Introvert Influenced My Business School Experience

I was lucky to be supported by the HBS Social Enterprise Summer Fellowship, without which I likely would not have taken the leap. My decision to pursue entrepreneurship, often referred to as a lonely path, partly stemmed from the View Details
  • 01 Feb 2023
  • Blog Post

How I Spent My HBS 2+2 Deferral: Jada Haynes

This year we’re speaking with current MBA students who were admitted through 2+2 to learn what they did during their deferral years. Here’s an interview with Jada Haynes (MBA 2024). Why did you decide to apply to HBS via the 2+2 deferred admissions process? I love the... View Details
  • February 2016 (Revised June 2016)
  • Case

Curtis LLP: A Case on Cases

By: Nikolaos Trichakis
A product market firm faces an inventory investment decision in the face of demand uncertainty. To hedge against some of the uncertainty, the firm contemplates an additional fixed investment that would offer the flexibility of diverting inventory in case of weak sales.... View Details
Keywords: Dynamic Decision Making Under Uncertainty; Operations Management; Inventory Management; Real Options; Management; Risk and Uncertainty; Decision Choices and Conditions; Operations
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  • 2002
  • Case

Southwest Airlines

By: Vijay Govindarajan and Julie Lang
Southwest used its short-haul and point-to-point strategy to achieve the lowest operating cost structure in the domestic airline industry. Flexible contracts and a rigorous peer recruiting process aligned its 35,000 employees with this strategy. View Details
Keywords: Cost; Air Transportation; Business Strategy; Air Transportation Industry
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  • 02 Nov 2023
  • Blog Post

Getting a Peek Into the HBS Experience

Peek is an annual online program intended for current undergraduate students that provides an opportunity to try out the HBS case method of study, join a leadership development discussion, gain an understanding of the career flexibility... View Details
  • 09 Jul 2021
  • News

Three Ways Employers Can Best Support Caregivers Returning To Work

  • March 2004
  • Tutorial

Variance Analysis Tutorial

By: David F. Hawkins and Jacob Cohen
An interactive tutorial on variance analysis, flexible budgets, and overhead allocation. View Details
Keywords: Mathematical Methods
Related
  • Profile

Charles Jennings

How has HBS prepared you for your current role and your long term career? HBS has improved my mental flexibility in handling new and challenging situations by exposing me to a wide variety of extremely talented individuals. I am better... View Details
Keywords: Energy / Extractive Minerals; Manufacturing; Other Financial Services
  • 27 Sep 2017
  • HBS Seminar

Judith Chevalier, Yale School of Management

  • 08 Apr 2016
  • Research & Ideas

How to Hire a Millennial

General Electric isn’t moving to Boston’s waterfront for the views, however breathtaking they may be. In the increasingly fierce battle for millennial talent, GE’s decision to uproot its long-time headquarters from suburban Connecticut is nothing less than a... View Details
Keywords: by Joseph Fuller
  • 13 Jul 2016
  • Blog Post

How To Hire A Millennial

HBS Career & Professional Development (CPD) is sharing Working Knowledge articles to further educate our recruiting partners about best practices in human resources. This is not your parents' workplace anymore, Joseph Fuller reminds us. Crucial for attracting... View Details
Keywords: All Industries