Tag Archives: HBS
November 19, 2015
The Robert and Myra Kraft Family Foundation has pledged $20 million to Harvard Business School to create the Kraft Endowment for Advancing Precision Medicine, the school announced this week. The pledge, which is part of …
The Robert and Myra Kraft Family Foundation has pledged $20 million to Harvard Business School to create the Kraft Endowment for Advancing Precision Medicine, the school announced this week. The pledge, which is part of Harvard University’s $6.5 billion capital campaign, was announced at the Partners Precision Medicine Conference yesterday at Harvard Medical School, with foundation president Robert Kraft in attendance.
The Kraft Endowment will be used to support research and other activities that advance the field of precision medicine. Precision medicine is a growing movement in patient care that allows scientists and physicians to use genomic and other information to understand a disease based on its biological mechanisms and to precisely diagnose and develop tailored treatments.
The growth of the industry is hampered by gaps that exist between scientific discoveries and the development and commercialization of medical solutions for public benefit. The rising cost of clinical trials and a lack of collaboration among scientists, the pharmaceutical industry and investors also hinder growth.
Harvard Business School will collaborate with the Broad Institute, a pioneer in precision medicine, and others in Boston, to find ways to accelerate breakthroughs and advance commercialization of precision medicine by harnessing the energy and ideas of the medical, science and entrepreneurial communities in the city.
Myra Kraft, the wife of Robert and mother of Jonathan (MBA 1990), Daniel, Joshua (EdM 1993), and David (MBA 1999), died of ovarian cancer in 2011. Through her illness, the Kraft family came to understand firsthand the promise of precision medicine.
“At heart, many of the challenges facing the advancement of precision medicine today are business challenges,” says HBS Dean Nitin Nohria. “We are honored that the Krafts, who epitomize Harvard Business School’s mission of educating leaders who make a difference in the world, see the potential for HBS to work with world-class organizations like the Broad to develop innovative and integrative new models — from organizational structures to collaborative data centers — that will position Boston at the epicenter of this arena in the future. The endowment is a wonderful and fitting tribute to Myra Kraft, who throughout her life devoted herself to helping others.”
To learn more about this gift, and the upcoming initial research pilots designed to accelerate the discovery and trials process, please click here.
November 4, 2015
Harvard Business School’s Arthur Rock Center for Entrepreneurship is considered by many as the top program for entrepreneurial studies in the nation. One of many benefits HBS students can take advantage of is the experience …
Harvard Business School’s Arthur Rock Center for Entrepreneurship is considered by many as the top program for entrepreneurial studies in the nation. One of many benefits HBS students can take advantage of is the experience of the school’s annual cohort of Entrepreneurs-in-Residence.
Now celebrating its tenth anniversary, the program invites seasoned and successful entrepreneurs and investors to spend time on the HBS campus throughout the academic year, advising MBA students eager to start their own companies and working with faculty on research and course development.
The nineteen Entrepreneurs-in-Residence for 2015-16 are:
- Ajay Agarwal (MBA 1995), a managing director at Bain Capital Ventures in Palo Alto, where he focuses on early-stage software, mobile, and internet investing.
- Julia Austin, formerly of Akamai and VMware and currently an independent advisor and investor at Austinfish in Cambridge, MA, with an interest in early-stage companies across multiple verticals.
- Stephen Bonner, formerly president and CEO of Cancer Treatment Centers of America and now a member of its board of directors.
- David Chang (MBA 2001), a five-time entrepreneur/operator, angel investor in 35 startups, and leader in the entrepreneurship community who recently ran the PayPal Boston office.
- Sam Clemens (MBA 2004), founder and chief product officer at InsightSquared in Cambridge, MA, whose expertise is in product management and development for business-to-business software startups.
- Chuck Davis (MBA 1986), a venture partner with Technology Crossover Ventures in Los Angeles and CEO of Swagbucks, the leading online rewards and cash-back shopping program.
- David Frankel (MBA 2003), founder and managing partner of Founder Collective, a seed-stage fund based in Boston and New York.
- Janet Kraus, a serial entrepreneur who is now CEO of Peach, a startup that provides women with better fitting, more thoughtfully designed lingerie and basics in the privacy of their home.
- Sharon Peyer (MBA 2006), founder and head of business development for Boston-based HitBliss, a digital equipment service.
- Jules Pieri (MBA 1986), cofounder and CEO of The Grommet, a product launch platform in Somerville, MA, that has helped FitBit and SodaStream get off the ground.
- Ruben Pinchanski (MBA 1993), cofounder of Digitas and an expert in building and advising e-commerce businesses.
- Katie Rae, cofounder and managing director of Project 11, a venture fund in Boston that partners with early-stage startups to accelerate growth. She was previously managing director of TechStars Boston.
- Duke Rohlen (MBA 2001), CEO of medical-device maker Spirox as well as chairman and CEO of Advanced Cardiac Therapeutics.
- Rudina Seseri (MBA 2005), a partner at Fairhaven Capital in Boston, where she invests in startups, works with founders and executive teams, and develops strategies for growing businesses.
- Jim Sharpe (MBA 1976), an entrepreneur with years of experience in running small and medium enterprises and turnarounds and meeting the challenges of work/life balance issues with his wife, also an HBS alum.
- Martin Sinozich, founding partner of Venn Capital and an active angel investor and entrepreneur, with interests in fundraising and pitching, scaling rapid-growth businesses, and positioning closely-held businesses for exit.
- Michael Skok, cofounding partner of Assemble.VC an active early stage venture fund. Michael has enabled billions of dollars of value creation as both a venture investor for the past 12 years and an entrepreneur of more than 20 years, and is the creator of the popular startupsecrets.com course he teaches at the Harvard Innovation Lab.
- Jim Southern (MBA 1983), a founding partner of Pacific Lake Partners in Boston, which concentrates on small capitalization buyouts via the search fund model, and provides entrepreneurs with search and acquisition capital.
- Russ Wilcox (MBA 1995), former CEO of E Ink, the company behind the display technology used in the Kindle and other e-readers.
Through a community of support, access to content, and a gateway to entrepreneurial ecosystems everywhere, the Rock Center helps students and alumni create ventures that revolutionize and galvanizes the entire HBS community with the energy and spirit for What’s Next.
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October 28, 2015
Managing Director of MBA Admissions & Financial Aid Dee Leopold, the voice of Harvard Business School admissions for the past decade, announced today that she will be moving on in May 2016 at the end …
Managing Director of MBA Admissions & Financial Aid Dee Leopold, the voice of Harvard Business School admissions for the past decade, announced today that she will be moving on in May 2016 at the end of this admissions season.
In a brief post on her blog to officially announce the news to applicants, Leopold assures she will be on the job until the Class of 2018 is all set and ready to go.
“It’s Business As Usual in Dillon House,” the director writes, quoting the headline of her post. “I’ve told you many times that Dillonites are the Dream Team – and I will say it again. So please go back to figuring out how to Introduce Yourself and Round One interviewees should be making sure they have clean socks picked out for their interview!”
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October 14, 2015
Today is the final day Harvard Business School will extend Round 1 interview invitations, and to prepare nervous applicants, the school’s independent newspaper The Harbus has shared five common MBA interview questions that cropped up …
Today is the final day Harvard Business School will extend Round 1 interview invitations, and to prepare nervous applicants, the school’s independent newspaper The Harbus has shared five common MBA interview questions that cropped up last year during the admissions interviews of current first-year students.
Here, we share excerpts from the article, which provides valuable, first-hand tips for successfully navigating the questions frequently posed by HBS interviewers:
Walk me through your resume.
The Harbus says: “Make your resume a narrative rather than merely relating a series of unconnected events. Focus on upward progression…Keep your ‘walk’ to 5 minutes, and don’t spend all your time in one area versus another.”
What is one thing I’d never have guessed about you, even after reading your application?
The Harbus says: “Here is an opportunity to go beyond your achievements – or at least your business-related achievements – and tell your interviewers about something that really makes you tick…Think about what would make you an interesting or valuable section mate to have at HBS.”
What is the most interesting conversation you’ve had this week?
The Harbus says: “Keep this professional, worldly and, most likely, news-related…use this as an opportunity to showcase your preparation, especially your morning news routine.”
How do you make big decisions?
The Harbus says: “This is another perfect question for examples. Tell a story, but make sure the actual decision has a logical, step-by-step process behind it. Show your personality in the answer too…don’t be afraid to talk about your gut.”
Describe an ethical grey area you had to navigate.
The Harbus says: “The hardest, most complicated, problems and questions often result in the best leadership development. Don’t try to whitewash the situation; acknowledge how hard the choice was and walk the interviewer through the process you went through to come to your final outcome.”
For more tips on how to answer each of these real Harvard Business School application interview questions, follow the link above to the original Harbus article.
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September 24, 2015
The admissions team at Harvard Business School is still buried in Round 1 applications, but admissions director Dee Leopold updated her blog this week to let anxious candidates know the timeline for upcoming interview invitations. …
The admissions team at Harvard Business School is still buried in Round 1 applications, but admissions director Dee Leopold updated her blog this week to let anxious candidates know the timeline for upcoming interview invitations.
Invitations and detailed procedural instructions will go out over three days—October 6th, 8th, and 14th—in order to avoid congestion in the online sign-up page, Leopold explains. Candidates not invited to interview will be notified of their release on October 14th, thus freeing them with ample time to focus their energies on applications to other schools.
All HBS 2+2 Program applicants will receive interview or release notification on the same date, October 14th.
The director notes the interview period for Round 1 applicants will take place between October 26–November 20. In addition to on-campus interviews, HBS also plans to conduct interviews in New York City, Palo Alto, London, Paris, Shanghai, Tokyo, Dubai, Mumbai, Sao Paulo, and Santiago on select dates to be announced soon. If you cannot travel to an interview location, Leopold confirms that you may be accommodated via Skype.
In case anyone feels at a disadvantage for being unable to interview on campus, she assures applicants that, “We love having interviewees visit campus and we will have a full day of get-to-know HBS activities, but the location of your interview plays no part in the selection process.”
Good luck, Harvard Business School applicants!
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September 22, 2015
Last week, Harvard Business School announced the launch of a new online series called Cold Call, which takes the school’s legendary case method and distills it into podcast form. The podcast takes its name from …
Last week, Harvard Business School announced the launch of a new online series called Cold Call, which takes the school’s legendary case method and distills it into podcast form.
The podcast takes its name from the HBS tradition of beginning each class with a “cold call,” where with no previous warning, the professor selects one student to lay out the facts of the case and begin the discussion. It’s a nerve-wracking moment that binds HBS graduates across generations.
Host and Chief Marketing and Communications Officer Brian Kenny will invite an HBS professor twice a month to take listeners behind the scenes of a case he or she has written, probing what inspired the case, exploring how it relates to management practice, and delving into interesting anecdotes that come from researching the case and teaching it in the classroom.
Cold Call will feature a wide variety of cases covering world-class brands, innovative start-ups, social enterprises, and even entire nations. The series kicked off the week of September 9— Fashion Week in New York City— with a case on fashion mogul Stella McCartney and how she built a global brand that represents both luxury and sustainability.
In 10-12 minutes, Cold Call will animate HBS faculty research and bring their lessons straight to listeners. According to the announcement from the school, it should be on the playlist of prospective MBA students and seasoned business practitioners alike.
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