Second Great Divergence - Publications - Faculty & Research

23 Nov 2020
Research & Ideas

COVID Was Supposed to Increase Bankruptcies. Instead, They've Gone Down.

the highest rates of job loss since the Great Depression,” says co-author Raymond Kluender, an assistant professor in the Entrepreneurial Management Unit at Harvard Business School. “At the same time, we saw a decline in consumer... View Details

Keywords: by Rachel Layne

20 Aug 2008
Op-Ed

The Time is Right for Creative Capitalism

he succeeded so convincingly playing the game of market capitalism that first emerged in the late 19th century and grew to great influence during the 20th century. This game or system has been dominated in many industries by large,... View Details

Keywords: by Nancy Koehn

18 Dec 2013
HBS Case

Lessons from the Lance Armstrong Cheating Scandal

Corrupted, which was taught to all incoming MBAs on their second day on campus in the fall. The goal was to get them to think about their own values and the obligations they have to shape the culture of an organization. As much as... View Details

Keywords: by Michael Blanding; Sports

13 Jan 2021
Research & Ideas

How 'Small C' Change Can Beat Large-Scale Rebuilding

Germany’s World Cup victory in 2014. What followed was a terrific turnaround story. The team won 33 of 36 games under Flick’s leadership. In August 2020, only 295 days after Flick took the helm, the team won the world’s most prestigious soccer trophy and made the... View Details

Keywords: by Boris Groysberg, Sascha L. Schmidt, and Sebastian Flegr; Sports

18 Aug 2008
Research & Ideas

How Disruptive Innovation Changes Education

innovation, which is our field of specialty, proved a great way to help us do just that." Christensen, Horn, and Johnson recently teamed up via e-mail to answer a few questions from HBS Working Knowledge on the best paths to better... View Details

Keywords: by Martha Lagace; Education

20 Jul 2021
Research & Ideas

Bankruptcy Spells Death for Too Many Businesses

Chapter 11 bankruptcy protection is supposed to allow companies to shed debt and get a fresh start. Ideally, creditors recover most of what they’re owed as the restructured firm begins turning a profit. Yet, more companies are liquidated than rebuilt, giving up the... View Details

Keywords: by Rachel Layne

20 Oct 2003
Research & Ideas

Gaps in the Historical Record: Development of the Electronics Industry

revenues were $1.24 billion; Rand's were $145.5 million. Thomas Watson Jr., the executive most responsible for the change from data processing through electricity to electronics, noted: "While our great million dollar 700 got the... View Details

Keywords: by Alfred D. Chandler Jr.; Consumer Products

22 Jul 2019
Book

How to Be a Digital Platform Leader

ended up a casualty of both Uber and Lyft’s aggressive pricing policies. A second common mistake is the failure to build, establish, and maintain trust. Platforms by their very nature require two unfamiliar parties to do business with... View Details

Keywords: by Martha Lagace

17 Dec 2008
Lessons from the Classroom

‘Ted Levitt Changed My Life’

MBA student, Shapiro visited Levitt to consult about a possible career path in manufacturing. "It was the second time I went to see him," he recalls, "and Ted was visibly nervous. He said, 'Your voice. Your voice has a... View Details

Keywords: by Julia Hanna; Education; Retail

16 Jul 2013
First Look

First Look: July 16

Publications 2013 pub The Network Secrets of Great Change Agents By: Battilana, Julie, and Tiziana Casciaro Abstract—Change is hard, especially in a large organization. Yet some leaders succeed-often spectacularly-at transforming their... View Details

Keywords: Anna Secino

19 Sep 2016
Research & Ideas

Why Isn't Business Research More Relevant to Business Practitioners?

disciplines, where academic research is leading to the development of a second skin that could improve drug delivery or alerting farmers and scientists on how to reduce nitrous oxide emissions from agricultural farming. Harvard Business... View Details

Keywords: by Carmen Nobel; Education

18 Feb 2019
Book

What’s Really Disrupting Business? It’s Not Technology

following the steps a customer takes to select, buy, and consume a product or service. You call these situations “decoupling.” Could you give an example? Teixeira: A great example of decoupling is an insurance startup called Trov. It’s an... View Details

Keywords: by Danielle Kost; Beauty & Cosmetics; Insurance; Service; Retail

31 May 2017
What Do You Think?

Can Amazon Do What Walmart Couldn’t, Stop the 'Wheel of Retailing'?

in Shakespeare and English, became fascinated with the retailing field. In 1958, he described what was happening in the world of retail after the Second World War. He observed that new retailing concepts typically begin with low-price... View Details

Keywords: by James Heskett; Retail

06 Oct 2009
First Look

First Look: October 6

http://cb.hbsp.harvard.edu/cb/product/409038-PDF-ENG Indian Railways: Building a Permanent Legacy? Harvard Business School Case 710-008 An abstract is unavailable. Purchase this case: http://cb.hbsp.harvard.edu/cb/product/710008-PDF-ENG Urban Decay: A View Details

Keywords: Martha Lagace

22 Oct 2012
Research & Ideas

Not Your Father’s State-Run Capitalism

to correct that market failure by investing in minority stakes in private companies or lending at subsidized rates to such firms." At the same time, many Communist and former Communist countries have gone to great lengths to overcome the... View Details

Keywords: by Michael Blanding

13 Dec 2004
Research & Ideas

Sharing News That Might Be Bad

into false states of euphoria. But, by and large, you've been able to keep your people grounded by helping to develop their strategic and financial wherewithal, by sharing company news and data with a strong sense of the larger context, and by giving your teams a View Details

Keywords: by Paul Michelman

12 Oct 2006
First Look

First Look: October 12, 2006

beings are resourceful and evaluative as they strive to maximize their own interests. An individual's interests can converge or diverge from the interests of the organization. Thus, to bring the resourcefulness of individuals to benefit... View Details

Keywords: Sean Silverthorne

01 Jul 2021
Office Hours

Readers Ask: Which Companies Are Transforming Work?

system. They’re just not working. "We do a very poor job of teaching that in the United States—giving people a basic familiarity with digital technology." "The second is that a lot of the shortage of workers is coming in the form of... View Details

Keywords: by Kristen Senz; Retail; Manufacturing

15 Sep 2009
First Look

First Look: September 15

Abstract This paper presents an endogenous growth model that explains the evolution of the first and second moments of productivity growth at the aggregate and firm level during the post-war period. Growth is driven by the development of... View Details