Case | HBS Case Collection | January 2006 (Revised June 2008)

Lehman Brothers (A): Rise of the Equity Research Department

by Ashish Nanda, Boris Groysberg and Lauren Prusiner


Under Jack Rivkin's leadership, Shearson Lehman's research department rose from relative obscurity to the highest ranking research department on Wall Street within three years. When Rivkin is promoted to head of equity, he wonders how to succeed in his new position. A rewritten version of an earlier case.

Keywords: Talent and Talent Management; Leadership; Service Operations; Organizational Culture; Research; Alignment;


Nanda, Ashish, Boris Groysberg, and Lauren Prusiner. "Lehman Brothers (A): Rise of the Equity Research Department." Harvard Business School Case 906-034, January 2006. (Revised June 2008.)