Paul W. Marshall

MBA Class of 1960 Professor of Management Practice, Retired

Professor of Management, Paul W. Marshall, is affiliated with the Entrepreneurial Management Unit and teaches The Entrepreneurial Manager in the Turnaround Environment. This Elective Curriculum course focuses on the role of managers trying to execute an Operational Turnaround in a company in distress. He also teaches in the The Global Colloquium on Participant Centered Learning (GCPCL). This Executive Education program is attended by Professors from Business Schools in Asia, Europe and Latin America and focuses on how to teach using the case method and how to develop materials for case based courses. Previously he has been the Course Head for the Required Curriculum course entitled The Entrepreneurial Manager, and also taught the course entitled Running and Growing the Small Company in the Elective Curriculum of the MBA program and the Finance Course in the Required Curriculum.

In 2011 he received the Charles M. Williams Award for teaching excellence.  The MBA class of 2011 selected Professor Marshall to receive their Outstanding Professor Award.  In 2008 he was named an Honorary Professor by Xiamen University in Xiamen, China. He also received the Outstanding Professor Award from the MBA Class of 1999 and the MBA class of 1998.

Professor Marshall has been a member of the Harvard Business School faculty on two prior occasions. During his first appointment he served as course head for the Production and Operations Management course in the Required Curriculum. He also taught and developed material in Managerial Economics, Decision Analysis, Manufacturing Policy, and Project Management. Subsequently with a part-time appointment as Adjunct Professor he taught the Required Curriculum course, Management Policy and Practice.

His most recent job before returning to Harvard was Chairman and CEO of Rochester Shoe Tree Company, Inc. He managed this company during a four-year turnaround and implemented a major reorganization and cost reduction program that improved profitability in the face of declining sales. In 1977 he was a cofounder of Putnam, Hayes and Bartlett, a Management Consulting firm. As a principal of this firm he directed studies to analyze the competitive dynamics within the International Steel Industry and the International Iron Ore Industry. He Co-authored 'Economics of International Steel Trade: Policy Implications for the United States' and was one of the American representatives to OECD conference on Future of the World Steel Industry. He also founded Marshall Bartlett Incorporated and while serving as a principal of this firm he conducted strategic reviews for companies with interests in the Health Care Industry, the Food Packaging Industry, and the Steel Production and Distribution Industry.

He received a Bachelor of Science in Electrical Engineering with High Honors from the University of Cincinnati and his MBA with High Distinction and his DBA degree from Harvard. He is the co-author of three text and case books: New Business Ventures and the Entrepreneur, McGraw Hill Irwin, 2006; Operations Management: Text and Cases, Richard D. Irwin, 1975; Managerial Economics: Text and Cases, Richard D. Irwin, 1973.

He is married to Judith Bartlett Marshall and they live in Cambridge, Massachusetts. They have three children—Tiffany, Christopher and Patrick. He has been a member of the Lexington Board of Selectmen, the Cary Library Board of Trustees and the Board of Governors of the Lexington Golf Club. He is Past President of the Massachusetts Municipal Association and a member of the Governor's Local Government Advisory Committee. He was a member of the Massachusetts Special Commission on Tax Reform and the Governor's Task Force on Local Finance.  He currently serves on the Board of Directors of Union Corrugating Company, Rochester Shoe Tree Company, Inc. and MARTEST, Inc.  He previously served on the Board of Directors of Raymond James Financial, BE Aerospace, and Foodbrands America.  In 1995 he served as a member of the U.S. Export Import Bank Advisory Committee.  In 1983, he received the Distinguished Alumnus Award from the University of Cincinnati College of Engineering.

  1. Received an honorary professorship from Xiamen University in 2009.

  2. Received the 2011 Charles M. Williams Award for Excellence in Teaching.

  3. Received the 1983 Outstanding Alumni Award from the College of Engineering and Applied Sciences at the University of Cincinnati.

  4. Received the 1998 HBS Student Association Faculty Award for Outstanding Teaching.

  5. Received the 1999 HBS Student Association Faculty Award for Outstanding Teaching.

  6. Received the 2011 HBS Student Association Faculty Award for Outstanding Teaching.