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  • All HBS Web  (2,949)
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  • Web

Hamilton Hall | About

dispersing of public revenue, as well as for the promotion of economic development. One of his first accomplishments was the creation of a revenue system based on customs duties and excise taxes to pay down the country’s... View Details
  • 25 May 2011
  • HBS Case

QuikTrip’s Investment in Retail Employees Pays Off

year visiting stores and employees and personally responds to any e-mail they send him." All of these factors have made QuikTrip a regular on Fortune's 100 Best Companies to Work For. Yet the company's focus on promoting from within... View Details
Keywords: by Julia Hanna; Retail
  • 04 Jan 2022
  • What Do You Think?

Firing McDonald’s Easterbrook: What Could the Board Have Done Differently?

disappointing to board members who witnessed the turnaround Easterbrook had led at the company since his promotion to CEO four years earlier. The board’s investigation found that Easterbrook’s “consensual relationship” wasn’t physical but... View Details
Keywords: by James Heskett
  • Web

General Management Curriculum - Faculty & Research

decisions, the course examines the legal, ethical, and economic responsibilities of corporate leaders. It also teaches students about management and governance systems leaders can use to promote responsible conduct by companies and their... View Details
  • 01 Dec 2022
  • News

My First Job

(MBA 2013) In All Honesty My first job was in the college promotions department at Warner Bros. Records. I called the college radio stations to make sure they’d received the records I’d sent. When they asked for my opinion about them, I... View Details
Keywords: Business Schools & Computer & Management Training; Educational Services
  • 02 Aug 2022
  • Research & Ideas

6 Strategies for Building Socially Responsible—and Profitable—Companies

A dozen years ago, Harvard Business School Professor George Serafeim wondered why some companies operated with an eye toward the greater good, while most did not. Back then, he always got the same response: Corporate leaders thought social and environmental practices... View Details
Keywords: by Lane Lambert
  • Research Summary

Vicarious Learning in Organizations

To advance the study of how individuals learn through their interactions with others, Professor Myers has adopted a vicarious learning theory lens. Vicarious learning allows individuals to learn from the outcomes of others’ experiences, rather than solely their own... View Details

Keywords: Learning And Development; Learning; Health Industry
  • 21 May 2014
  • HBS Seminar

Robert Kraut, Carnegie Mellon

  • 31 Aug 2020
  • What Do You Think?

Why Don’t More Organizations Understand the Power of Diversity and Inclusion?

preached about it.” In addition to questions about the data, there is the moral issue of whether diversity and inclusion should be promoted with or without supporting data regarding performance. David Wittenberg posed the issue this way:... View Details
Keywords: by James Heskett
  • 01 Jan 2004
  • News

D. Ronald Daniel, MBA 1954

PhDs." As McKinsey adapted to the new needs of the times, Daniel also focused on making sure it remained true to its founding principles, such as always seeking to have a significant impact on the client's performance; promoting uniform... View Details
  • September 2011
  • Article

Political Instability: Effects on Financial Development, Roots in the Severity of Economic Inequality

By: Mark J. Roe and Jordan I. Siegel
We here bring forward strong evidence that political instability impedes financial development, with its variation a primary determinant of differences in financial development around the world. As such, it needs to be added to the short list of major determinants of... View Details
Keywords: Financial Development; Political Instability; Government and Politics; Finance; Growth and Development; Economics; Equality and Inequality
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Roe, Mark J., and Jordan I. Siegel. "Political Instability: Effects on Financial Development, Roots in the Severity of Economic Inequality." Journal of Comparative Economics 39, no. 3 (September 2011): 279–309. (We here bring forward strong evidence that political instability impedes financial development, with its variation a primary determinant of differences in financial development around the world. As such, it needs to be added to the short list of major determinants of financial development. First, structural conditions first postulated by Engerman and Sokoloff (2002) as generating long-term inequality are shown here empirically to be exogenous determinants of political instability. Second, that exogenously-determined political instability in turn holds back financial development, even when we control for factors prominent in the last decade's cross-country studies of financial development. The findings indicate that inequality-perpetuating conditions that result in political instability are fundamental roadblocks for international organizations like the World Bank that seek to promote financial development. The evidence here includes country fixed effect regressions and an instrumental model inspired by Engerman and Sokoloff's (2002) work, which to our knowledge has not yet been used in finance and which is consistent with current tests as valid instruments. Four conventional measures of national political instability — Alesina and Perotti's (1996) well-known index of instability, a subsequent index derived from Banks' (2005) work, and two indices of managerial perceptions of nation-by-nation political instability — persistently predict a wide range of national financial development outcomes for recent decades. Political instability's significance is time consistent in cross-sectional regressions back to the 1960's, the period when the key data becomes available, robust in both country fixed-effects and instrumental variable regressions, and consistent across multiple measures of instability and of financial development. Overall, the results indicate the existence of an important channel running from structural inequality to political instability, principally in nondemocratic settings, and then to financial backwardness. The robust significance of that channel extends existing work demonstrating the importance of political economy explanations for financial development and financial backwardness. It should help to better understand which policies will work for financial development, because political instability has causes, cures, and effects quite distinct from those of many of the key institutions most studied in the past decade as explaining financial backwardness.)
  • 01 Feb 2010
  • Research & Ideas

The ‘Luxury Prime’: How Luxury Changes People

exposure to luxury, we believe more work is required. Future research should tease out the nuances in the psychological effects of "luxury prime" (which we have shown to promote self-interest) and "money prime" (which... View Details
Keywords: by Sarah Jane Gilbert
  • Web

Technology & Operations Management Awards & Honors - Faculty & Research

Health Care Management Division of the Academy of Management for his paper with Julia Adler-Milstein and Sara J. Singer, “Managerial Practices that Promote Voice and Taking Charge among Frontline Workers.” Michael W. Toffel : Awarded the... View Details
  • 20 Jan 2023
  • Blog Post

The Importance of Mentorship: A Conversation With Professor Ting Zhang

to become better mentors, sponsors, and coaches. If organizations are serious about retaining and promoting new diverse talent, they have to think more deliberately about how to equip their leaders with the skills to develop others, and... View Details
  • 01 Oct 2001
  • Research & Ideas

Organizing the Family-Run Business

Shareholders Good boards balance their commitments to company and shareholder needs. For instance, the board should not necessarily authorize large dividends or help promote other shareholder goals like family employment or family... View Details
  • 23 Mar 2023
  • Blog Post

Arla Foods: How Sustainable Can A Dairy Company Be?

presenter highlighted the nutritional benefits of cow-based dairy products and said she was unsure that alternative dairy products would be able to match the nutrition and taste profile. Arla is also farmer-owned, meaning that the core stakeholders of the business are... View Details
  • Web

About the Project - U.S. Competitiveness

promoting U.S. competitiveness. The Project approaches current challenges to U.S. competitiveness as a matter of global concern, not just an American issue. Faculty members from the Harvard Business School lead the Project. Along with... View Details
  • 18 Sep 2017
  • Research & Ideas

'Likes' Lead to Nothing—and Other Hard-Learned Lessons of Social Media Marketing

at some of the social media missteps brands have taken over the past decade–and the lessons we’ve learned from them. Prioritizing technology over substance Maybe it’s because the medium seems so ephemeral, but digital brand managers are too often intent on creating... View Details
Keywords: by Dina Gerdeman; Advertising; Technology
  • 27 Oct 2020
  • Research & Ideas

Can Being the ‘Token’ Give Women and Minorities a Competitive Edge?

of similar backgrounds. Perhaps they were also responding to perceived “implicit quotas,” an organization’s informal goal to promote people from certain groups. However, neither of those reasons proved as powerful as the simple notion... View Details
Keywords: by Danielle Kost
  • 29 Aug 2018
  • What Do You Think?

What Should Harley-Davidson’s Management Do?

White House as part of an effort to highlight the importance of the health of American manufacturing. At that time, the president lauded the Company as “a true American icon” and “one of the greats.” When the speaker of the house of representatives sought to View Details
Keywords: by James Heskett; Auto
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