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  • 11 Jul 2012
  • Research & Ideas

Book Excerpt: ’The Future of Boards’

describes the purpose of boards is phrased very broadly. For instance, in Delaware, which sets the standard for other states, directors find little help in the statute that defines their job: "The business and affairs of every corporation... View Details
Keywords: by Jay Lorsch
  • 11 Oct 2004
  • Research & Ideas

Four Ways to Create Lasting Change

four major categories: chartering, learning, mobilizing, and realigning. Chartering refers to the process by which the organization defines the purpose and scope of the initiative, as well as the way people will work with one another on... View Details
Keywords: by Martha Lagace
  • 01 Feb 2011
  • First Look

First Look: Feb. 1

accountability once a problem of trust arises-a scandal in the sector or in their own organization, questions from citizens or donors who want to know if their money is being well spent, or pressure from regulators to demonstrate that they are serving a public View Details
  • 26 Feb 2008
  • First Look

First Look: February 26, 2008

information systems to be useful for purposes of long-term social change, NGOs require indicators that are manageable in number and meaningful in content, information systems and technologies that are reflective of mission and values, and... View Details
Keywords: Martha Lagace
  • 22 Feb 2011
  • Research & Ideas

Most Popular Articles, Papers of the Decade

The answer: It depends. Communication (and Coordination?) in a Modern, Complex Organization Published: July 31, 2008 Coordination, and the communication it implies, is central to the very existence of organizations. Despite their fundamental role in the View Details
Keywords: by Sean Silverthorne
  • 20 Dec 2010
  • Research & Ideas

New Dean Sets Five Priorities for HBS

learning. For example, the Immersion Experience Program and field studies engage students in hands-on activities and help them to translate knowing into doing and develop a deeper sense of their purpose as leaders. "We need to take... View Details
Keywords: by Roger Thompson; Education
  • 21 Apr 2009
  • First Look

First Look: April 21, 2009

specificity need not always lead to vertical integration. The purpose of this paper is to uncover some of the factors driving firms to (sometimes) choose to remain separated, rather than integrate, in the presence of high specificity. Its... View Details
Keywords: Martha Lagace
  • 05 Dec 2017
  • Research & Ideas

What We've Learned from 101 Entrepreneurs in Emerging Markets

freely so that they can create their own value-added products and services. We have to do this slowly and deliberately though, since we have to ensure that we stay very true to the purpose of the interviews as articulated to the... View Details
Keywords: by Sean Silverthorne
  • 24 Mar 2015
  • First Look

First Look: March 24

is currently provided by GAAP financial reporting. The purpose of this paper is to examine the optimal design of information intermediaries that can increase the impact of sustainability information on corporate conduct. Specifically, we... View Details
Keywords: Sean Silverthorne
  • 27 Feb 2006
  • Research & Ideas

Corporate Values and Employee Cynicism

positive values, do you see foresee an increasing risk for similar problems at other organizations? A: Many studies have shown the power of meaningful values to energize employees, providing them with a sense of purpose and identity in a... View Details
Keywords: by Martha Lagace
  • March 2025
  • Case

The Changing Climate on Wall Street

By: Clayton S. Rose, Maxim Pike Harrell and Michael Norris
Increasing and conflicting regulatory requirements and political pressures regarding climate change tested the leaders of U.S. financial institutions, as they struggled to determine how best to comply while managing their business and its risks.
In October 2024,... View Details
Keywords: Competency and Skills; Decision Making; Cost vs Benefits; Ethics; Corporate Accountability; Leadership; Management; Risk Management; Corporate Social Responsibility and Impact; Mission and Purpose; Organizational Change and Adaptation; Organizational Culture; Civil Society or Community; Social Issues; Adaptation; Risk and Uncertainty; Insurance; Climate Change; Change Management; Banking Industry; Financial Services Industry; Insurance Industry; United States; Europe
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Rose, Clayton S., Maxim Pike Harrell, and Michael Norris. "The Changing Climate on Wall Street." Harvard Business School Case 325-020, March 2025.
  • April 2025
  • Case

Thrivent: From Insurance Agents to Financial Advisors

By: Hubert Joly, Leonard A. Schlesinger and Tom Quinn
Thrivent, a midwestern financial services company with a centuries-long history rooted in Lutheranism, had reached $10 billion in revenue mostly by selling life insurance. In the 2020s, however, CEO Terry Rasmussen began a transformation process centered around the... View Details
Keywords: Change Management; Transformation; Talent and Talent Management; Customer Focus and Relationships; Customer Value and Value Chain; Forecasting and Prediction; Employee Relationship Management; Retention; Selection and Staffing; Job Design and Levels; Human Capital; Leading Change; Mission and Purpose; Organizational Change and Adaptation; Organizational Culture; Insurance Industry; Financial Services Industry; United States; Minneapolis
Citation
Educators
Related
Joly, Hubert, Leonard A. Schlesinger, and Tom Quinn. "Thrivent: From Insurance Agents to Financial Advisors." Harvard Business School Case 325-047, April 2025.
  • 03 Apr 2012
  • First Look

First Look: April 3

clinical leadership responsibilities. The purpose of this article is twofold: first, to make the case for the need to refocus residency education around the development of outstanding "frontline" clinical leaders and, second, to... View Details
Keywords: Carmen Nobel
  • 15 Sep 2008
  • Research & Ideas

The Coming Transformation of Social Enterprise

sense when the for-profit and nonprofit parts are tightly linked by a common purpose or platform. For example, in health care several very successful social entrepreneurs have created a hybrid model where paying clients subsidize the... View Details
Keywords: by Roger Thompson
  • 31 Oct 2004
  • Research & Ideas

Bypass Marketing: Are Docs Influenced?

drug promotion of all kinds and the bulk of that spending continues to be directed toward health care professionals. Q: What was the purpose of your study and what methods were employed? Joel Weissman: Our study was concerned with how... View Details
Keywords: by Manda Salls
  • 10 Mar 2002
  • Research & Ideas

Breakthrough Negotiation: Don’t Leave It On the Table

understand the delicate interplay between negotiation and coercive power. Speaking of the U.S. failure in Vietnam, Henry Kissinger said, "Treating force and diplomacy as discrete phenomena caused our power to lack purpose and our... View Details
Keywords: by Michael Watkins
  • 31 Jan 2017
  • First Look

First Look at New Research: January 31, 2017

https://cb.hbsp.harvard.edu/cbmp/product/817059-PDF-ENG Harvard Business School Case 817-040 Elon Musk: Balancing Purpose and Risk No abstract available. Purchase this case: https://cb.hbsp.harvard.edu/cbmp/product/817040-PDF-ENG Harvard... View Details
Keywords: Carmen Nobel
  • 27 Oct 2008
  • Lessons from the Classroom

Achieving Excellence in Nonprofits

words, the organization has as its main purpose the advancement of a set of social goals and the creation of social value. That obviously (by law!) includes nonprofit organizations, but it can also include the so-called new social... View Details
Keywords: by Sean Silverthorne
  • 13 Jan 2003
  • Research & Ideas

Making Biotech Work as a Business

as 1994: That year was known among insiders as "The Year of the Placebo." What The Data Says The good news: One hundred thirty drugs can be traced to biotech, said Pisano. (For purposes of discussion during his presentation, he... View Details
Keywords: by Martha Lagace; Biotechnology; Health; Technology
  • 08 Nov 2024
  • HBS Case

What Wartime Service Taught These Historic Leaders

serve, so he joined the Red Cross and went overseas as an ambulance driver. In Paris, he found purpose in chauffeuring military command officers around the city to meetings. Disney brought to this endeavor a keen sense of fun and theater:... View Details
Keywords: by Avery Forman; Entertainment & Recreation
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