David A. Garvin: Winner of the 2003 Harvard Magazine Smith-Weld Prize for the best non-staff writing published in 2003 about the University for "Making the Case: Professional Education for the World of Practice" (September–October 2003).
Rebecca M. Henderson: Named the 2001 Teacher of the Year at the MIT Sloan School of Management.
Regina E. Herzlinger: Winner of the 2000 Articles of Merit Competition of the Chartered Institute of Management Accountants (CIMA) Financial and Management Accounting Committee for "The Outsiders" (Management Accounting, June 2000).
Geoffrey G. Jones: Winner of the Wadsworth Prize for the most outstanding book published on British business history in 2000 for Merchants to Multinationals (Oxford University Press, 2000).
Geoffrey G. Jones: Winner of the Newcomen-Harvard Award for the most outstanding book published in business history in the United States 1998–2000 for Merchants to Multinationals (Oxford University Press, 2000).
Regina E. Herzlinger: Winner of the 1998 James A. Hamilton Book of the Year Award presented by American College of Healthcare Executives for Market-Driven Health Care (Addison-Wesley Publishing Co. Inc., 1996).
David A. Garvin: Won the 1998 Richard Beckhard Memorial Prize for the most outstanding MIT Sloan Management Review article on planned change and organizational development for "The Processes of Organization and Management."
Rebecca M. Henderson: Winner of the 1996 Shingo Prize for Excellence in Manufacturing Research for "Maintaining Leadership across Product Generations: The Case of Canon in Photolighographic Alignment Equipment" (Managing Product Development, 1996).
David A. Garvin: Received the Second Place McKinsey Award for the best article in Harvard Business Review during 1993 for "Building a Learning Organization."
David A. Garvin: Won the first place 1983 McKinsey Award for the best article in Harvard Business Review during 1982 for his article “Quality on the Line.”