Financial Innovation - Publications - Faculty & Research

December 1999 (Revised December 2000)
Case

Charles Schwab: A Category of One

By: Stephen P. Bradley and Thomas H. Esperson

Examines Charles Schwab's on-line discount brokerage firm and questions whether or not Schwab has effectively balanced the old and new world of stock trading, and has remained a leader between giants like Merrill Lynch and Internet pure plays like E-Trade. Also looks... View Details

Keywords: Financial Institutions; Banks and Banking; Technological Innovation; Goals and Objectives; Growth and Development Strategy; Growth Management; Competition; Competitive Strategy; Competitive Advantage; Financial Services Industry; Financial Services Industry

Citation

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06 Dec 2021
News

Monaco's Digital Transformation

well the challenges that lay ahead. DIGITAL LEADERSHIP: Read how the president and CEO of Trusted Media Brands is spearheading digital innovation at her company in the 3-Minute Briefing: Bonnie Kintzer (MBA 1987). DIGITAL LEADERSHIP: Read... View Details

Keywords: Jennifer Gillespie

March 2010 (Revised May 2010)
Case

Disruptive IPOs? WR Hambrecht & Co.

By: Clayton M. Christensen and Tara Donovan

Bill Hambrecht faces a dilemma: should he accept a high profile client for his online Dutch auction IPO? Though it would be viewed as a real coup, what would accepting the business mean to WR Hambrecht? Should he seek other high profile clients like this, or should he... View Details

Keywords: Capital Markets; Initial Public Offering; Disruptive Innovation; Auctions; Online Technology; Financial Services Industry; San Francisco

Citation

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05 Feb 2001
What Do You Think?

Do MBA Programs Face “The Innovator’s Dilemma”?

sources of support, both financial and nonfinancial, for such institutions? And aren't these some of the very dilemmas faced by organizations encountering the "innovator's dilemma"? What do you think? Original Article There are... View Details

Keywords: by James Heskett

22 Mar 2023
News

Dean Datar Meets with Alumni in Los Angeles

by Alex Popa (MBA 2007). During his remarks, Dean Datar talked about several innovative initiatives that he anticipates will have lasting value for the School and that place the School at the cutting edge of addressing the challenges... View Details

26 Apr 2011
Op-Ed

HBS Faculty Comment on Environmental Issues for Earth Day

Earth Day focuses the world's attention on the both the dangers and opportunities facing the planet. But sustainability and the intersection between business and the environment are issues that need to be addressed all the time, as cities grow, resources diminish, and... View Details

Keywords: by Staff; Energy; Utilities

26 Aug 2024
Research & Ideas

Can AI Match Human Ingenuity in Creative Problem-Solving?

When ChatGPT and other large language models began entering the mainstream two years ago, it quickly became apparent the technology could excel at certain business functions, yet it was less clear how well artificial intelligence could handle more creative tasks. Sure,... View Details

Keywords: by Michael Blanding; Information Technology; Information; Technology

19 Jan 2022
In Practice

7 Trends to Watch in 2022

As 2022 gets underway we asked our faculty to highlight some trends worth watching in the coming year. Ariel Stern: A new future for digital health care While 2020 and 2021 were years of rapid innovation and deployment of new health care technologies and delivery... View Details

Keywords: by HBS News

16 Jul 2024
Research & Ideas

Weighing Digital Tradeoffs in Private Equity

and 2021 that were compiled by Capital IQ. The research team matched those transactions to financial data supplied by Dun & Bradstreet, as well as information on IT spending provided by Aberdeen Strategy & Research. Finally, they... View Details

Keywords: by Michael Blanding; Financial Services

21 Oct 2013
News

Moving the Needle

investing, also known as impact investing. "I wanted to understand how to use the financial capital markets and for-profit mechanisms to move the dial on the world's most pressing problems." Seegull had a unique perspective from an early... View Details

Keywords: Jill Radsken; Securities, Commodities, and Other Financial Investments; Securities, Commodities, and Other Financial Investments

13 Jan 2021
News

Silicon Valley’s “Detroit Moment”

And these innovations are now influencing the original model. Alex says it’s no coincidence that Uber has begun to experiment with financial services offerings and that its fastest-growing segment is... View Details

12 Sep 2007
Op-Ed

Building Sandcastles: The Subprime Adventure

To construct a house, builders need a firm foundation. For a financial empire, Wall Street wizards need only greed, gullibility, and optimism. The subprime empire began with a tangible structure: a house. For the buyer, that house was a... View Details

Keywords: by Nicolas P. Retsinas; Banking; Construction; Real Estate

01 Mar 2017
News

HBX: Reimagining HBS for the Digital Age

team built two platforms. The first platform, launched in 2014, houses HBX Credential of Readiness (CORe) and HBX Certificate Programs. CORe introduces students to business fundamentals through three courses — Business Analytics, Economics for Managers, and View Details

22 Feb 2022
News

An Rx for Small Business Recovery

Karen Gordon Mills served in President Barack Obama’s cabinet as head of the Small Business Administration (SBA) during the height of the Great Recession. “Back then, I thought small businesses were weathering the worst financial crisis... View Details

Keywords: Deborah Blagg

21 Mar 2016
Working Paper Summaries

Risk Management―The Revealing Hand

Keywords: by Robert S. Kaplan and Anette Mikes; Financial Services; Financial Services

Roberto Setubal

Keywords: Financial Services

01 Dec 2010
News

Additional alumni books for your consideration.

Resisting the impulse for drastic change, Bhidé offers a blueprint for correcting the historic misalignment between the numbers-driven financial sector and the innovation-driven “real economy.” He advocates tough, straightforward limits... View Details

Keywords: Funds, Trusts, and Other Financial Vehicles; Funds, Trusts, and Other Financial Vehicles

01 Mar 2023
News

Is AI OK?

creditworthiness on purely financial and operational grounds, omitting the prejudice endemic among loan officers. The team used machine-learning techniques to sift through loan records from the Small Business Administration, identifying... View Details

Keywords: Alexander Gelfand; Funds, Trusts, and Other Financial Vehicles; Funds, Trusts, and Other Financial Vehicles

15 Sep 2003
Research & Ideas

The Lessons of New-Market Disruption

Teradyne and HP forced their organizations to focus on these new technologies. The CEOs of both companies got involved, creating separate, financially autonomous divisions for the projects to ensure that the technological breakthroughs... View Details

Keywords: by Clark Gilbert; Technology

19 May 2003
Lessons from the Classroom

Business Plan Winner Targets India Dropouts

microfinance applied to the problems of education. Specifically, we came to believe that an innovative microfinance-based solution could have a meaningful impact on the reduction of the high dropout rates in primary schools that cause... View Details

Keywords: by Carla Tishler; Financial Services

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