Tag Archives: Harvard Business School
March 4, 2014
Film actors weren’t the only superstars lauded this week. The 2014 Case Centre Awards, an annual event known as the “Oscars” of business education, honored the professors who have written the most effective case studies. …
Film actors weren’t the only superstars lauded this week. The 2014 Case Centre Awards, an annual event known as the “Oscars” of business education, honored the professors who have written the most effective case studies.
The subjects highlighted through the winning cases give an insight into what is being taught in business school classrooms on a year-to-year basis.
IMD Professor Kamran Kashani and former IMD researcher Aimée DuBrule won The Case Centre’s Overall Award for 2014 with their case Value Selling at SKF Service (A): Tough Buyer Confronts Strategy.
Case-writing powerhouse Harvard Business School received the most prizes in the individual categories: Professors V. Kasturi Rangan and Sunru Yong, and Thomas Steenburgh, Jill Avery and Naseem Dahod won in the economics and marketing categories.
This year, topical world and economic issues are strongly represented: challenges in recession (SKF- component manufacturer, and Coach – luxury goods), banking under pressure (Deutsche Bank), and the impact of political events (Vodafone/Egypt).
The importance of emerging markets is also examined in banking (Alpen), healthcare devices (GE Healthcare/India) and white goods (Galanz/China). Social media is represented (HubSpot), medical devices and the challenges faced by a woman in leadership (Aesch), and food in a French entrepreneurial context (Michel et Augustin).
Though US business schools—particularly Harvard Business School—dominate the market for case writing, European schools scooped most of the category awards, the Financial Times reports.
“This year’s case awards and competitions honour case writing and teaching expertise on a global scale,” says Richard McCracken, director of The Case Centre. “The Innovation in Case Teaching Award demonstrates how teaching expertise is being shared in Africa. We see how cases are able to respond fast to world events and get topical issues into the classroom.”
Nirmalya Kumar, marketing professor at London Business School, received the award for Outstanding Contribution to the Case Method. His easyJet: The Web’s Favourite Airline (co-authored at IMD with Brian Rogers) is The Case Centre’s bestselling case of all time, used by 133 schools in 32 countries since it was first published in 2000.
“I am delighted to have received this recognition after many years of writing and teaching cases. In writing a case, I take both the instructor and student perspectives and ask how this case will lead to a transformation of beliefs on the part of the students,” Kumar says.
The Case Centre is an independent, not-for-profit organization dedicated to promoting the case method in business education. It also distributes the world’s largest collection of management case studies, articles and books on behalf of all the major business schools and internationally respected authors worldwide.
Follow the link for a complete list of the 2014 winners.
February 25, 2014
Applying to business school in the final round is a tricky proposition, primarily because your application needs to be exceptionally strong to garner one of those oh-so-limited remaining spots. Harvard Business School Director of Admissions …
Applying to business school in the final round is a tricky proposition, primarily because your application needs to be exceptionally strong to garner one of those oh-so-limited remaining spots.
Harvard Business School Director of Admissions and Financial Aid Dee Leopold recently did some myth-busting related to submitting in Round 3, and here’s what she had to say:
1. There are spots available in the final round. Not as many as in Rounds 1 and 2, but keep in mind, there are also fewer applicants in the final round. “Do I think a strong candidate has a fair shot?,” Leopold asks. “Yes.”
2. From the first applicant accepted until the very last, each student has access to the same need-based financial aid.
3. If your Round 3 application is not successful, there’s absolutely no reason you shouldn’t apply again in Round 1 next fall. “Many people in our classroom today were successful re-applicants,” Leopold notes.
4. Round 3 is a great time for 2+2 applicants to apply, as college seniors will have another semester of grades and activities to highlight. “We can be more flexible about the number of 2+2 admits given that we are not worried about a ‘seat being occupied’ for this September,” she explains.
5. Lastly, while there is no Welcome Weekend for Round 3 admits, you will get a chance to see the campus in real time since all the interviews will be held on campus. HBS will be hosting other events on campus in the next few months, including an LGBT Open House, Prospective Students’ Diversity Day, and lunches for prospective women applicants with members of the Women’s Student Association.
Also, a word to future Round 1 applicants: Spring is a great time to plan a campus visit if you want to see the case method in action, as there’s limited availability for visiting a class in the early fall.
The Round 3 deadline at HBS is coming up on April 7th. Good luck to all who are applying!
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February 12, 2014
Harvard Business School‘s recently released annual report notes, among other achievements, that the school received a record-breaking $22 million in unrestricted current use gifts from former students in 2013. This unrestricted funding was crucial in …
Harvard Business School‘s recently released annual report notes, among other achievements, that the school received a record-breaking $22 million in unrestricted current use gifts from former students in 2013.
This unrestricted funding was crucial in allowing the school to expand entrepreneurship programs at the Harvard i-Lab and to pursue other strategic initiatives without drawing on unrestricted reserves, the report reveals.
In addition to expanding entrepreneurship programming, the donations also helped increase the amount of tuition assistance for MBA students. HBS sets MBA tuition and fees at levels that don’t fully recover annual operating expenses, and the shortfall is offset primarily by income and gifts from alumni and friends of the school.
Roughly half of the school’s student body receives fellowship support, and the average amount of aid per student rose three percent in 2013 to $30,725, more than half of the annual tuition bill. First-year MBA tuition in fiscal 2013 was $53,500—near the midpoint among the seven comparable schools tracked by HBS.
The Harvard Business School Campaign, which launches in April, “aims to find new ways to engage with alumni as it seeks to fulfill the School’s mission of making a difference in the world.”
Noting rising operating costs across the school and lower margins at Harvard Business Press and Executive Education, the school anticipates even greater pressure to grow revenue from gifts and endowment distribution in the coming year.
February 7, 2014
Harvard Business School has finally revealed the first subject it will offer as a massive open online course, or MOOC, as they are commonly known. More than 10,000 students have already registered for “Innovating in …
Harvard Business School has finally revealed the first subject it will offer as a massive open online course, or MOOC, as they are commonly known. More than 10,000 students have already registered for “Innovating in Healthcare,” which begins March 31 on HarvardX, the university’s online learning platform.
This course focuses on creating successful global business innovations in health care that can better meet consumer and societal needs. According to the course description, at its end, students should understand how to evaluate opportunities and the elements of viable business models for different kinds of health care innovations.
Bloomberg Businessweek reports it will be the first HarvardX class taught by a dedicated HBS professor, Regina Herzlinger, who was also the first woman to be tenured and chaired at the business school.
A major hurdle of online education—its solitary nature—is one Herzlinger hopes to overcome by integrating something called Project Lever, a “sort of EHarmony for building businesses” into the edX platform.
Project Lever will match students with the best resources for their research projects, and in Herzlinger’s course, students will use Project Lever to connect with classmates whose skills complement theirs, Businessweek explains. Herzlinger’s online students will have to write a business plan in a team of four to seven people connected through Project Lever.
A second major stumbling block in online learning is the attrition rate. Some studies show 95% of students drop out before completing the course. Herzlinger hopes that team-based learning will combat that issue. “When students are on teams, they become much more committed to both each other and the class,” she says.
Plans are underway for Harvard Business School to launch HBX, its own online learning channel, this spring.
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January 30, 2014
Earlier this week at an alumnae event in Northern California celebrating 50 years of women at Harvard Business School, dean Nitin Nohria used the opportunity to issue an apology to female students and professors past …
Earlier this week at an alumnae event in Northern California celebrating 50 years of women at Harvard Business School, dean Nitin Nohria used the opportunity to issue an apology to female students and professors past and present for any sexist or offensive behavior they experienced at the revered business school.
Nohria told those in attendance that he knew that female students at Harvard have felt “disrespected, left out, and unloved by the school” at times. “I’m sorry on behalf of the business school,” he told the audience. “The school owed you better, and I promise it will be better.”
One aspect Nohria intends to improve is the number of female protagonists in Harvard case studies from its current 9% to 20% over the next five years. According to John A. Byrne in CNN Money, Harvard-produced case studies make up about 80% of the cases studied at MBA programs around the globe, so this increase, though perhaps viewed as not ambitious enough, would have a considerable ripple effect on the way the majority of graduates view the business world.
Reaction to the apology is mixed, and Slate assistant editor Katy Walden isn’t overly impressed by Nohria’s promises. “This whole mea culpa smacks of gesture and performance: Nohria’s one concrete vow, to teach woman-centered case studies one-fifth of the time, feels underwhelming in a world where we make up one-half of the population,” Walden writes.
Nohria’s remarks may just be a delayed reaction to the New York Times front page story in September on gender equality, or lack thereof, at Harvard Business School. Even so, inclusion measures initiated by the dean with the HBS Class of 2013 have delivered on their promise of improving gender equality. The subject will surely generate future debate, and we’ll be sharing it with our readers here.
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