HBS News Releases: 2005

Harvard Business School Professor Emeritus J. Keith Butters Dies at 90
BOSTON -- J. Keith Butters, the Thomas D. Casserly, Jr. Professor of Business Administration Emeritus at Harvard Business School (HBS) and an authority on finance and taxation, died in his sleep on Sunday night, Dec. 11, at Brookhaven, a retirement community in Lexington, Mass., where he was active in the town's political and civic activities. He was 90 years old.

Harvard's Business and Medical Schools Celebrate New MD/MBA Program
BOSTON -- Harvard Medical School (HMS) and Harvard Business School (HBS) recently celebrated the official start of Harvard University's joint MD/MBA program with a special event on the HBS campus. Daniel L. Vasella, MD, chairman and CEO of pharmaceutical giant Novartis AG, delivered the evening's keynote address on the compatibility of business and medicine before an audience that included the first eight students enrolled in the program.

New Book Winning Legally Illustrates How Business Leaders Can Use Legal Guidelines to Ensure Stability and Growth
BOSTON -- As managers climb the corporate ladder, they often face legal issues they are ill-equipped to handle, a situation that can put their companies at risk - both legally and competitively. Winning Legally: How to Use the Law to Create Value, Marshal Resources, and Manage Risk, a new book by Harvard Business School associate professor Constance E. Bagley, shows that understanding how to manage the legal dimensions of business can help managers not just stay out of trouble, but proactively harness the power of the law to maximize corporate value.

Harvard Business School Publishing Releases New Online Course for Financial Accounting
BOSTON -- Harvard Business School Publishing (HBSP) today announced the release of Financial Accounting: An Introductory Online Course. Originally created as a pre-matriculation requirement for students entering the Harvard Business School MBA program, the newest addition to the full line of HBSP multimedia learning products provides individuals with an introduction to financial accounting in a management context.

Preeminent Business Historian Donates Collected Papers to Harvard Business School
BOSTON -- Alfred D. Chandler, Jr., Isidor Straus Professor of Business History Emeritus at Harvard Business School and the world's foremost authority on the historical evolution and organizational development of the large modern corporation, has donated his collected works to the School's Baker Library. The collection, which will be housed within the library's Historical Collections, reflects the life's work and intellectual development of Chandler from 1941 to 2004.

Harvard Business School Leadership Initiative Hosts a Conversation with South African Activist Ahmed Kathrada
BOSTON -- Ahmed Kathrada, a leader of the African National Congress and a lifelong friend and confidant of Nelson Mandela, recently shared his experiences with members of the Harvard University community during a special event on the Harvard Business School campus hosted by the HBS Leadership Initiative and the HBS Africa Business Club.

Harvard Business School Extends Global Presence with India Research Center in Mumbai
MUMBAI -- Harvard Business School (HBS) has opened a new India Research Center (IRC) in Mumbai as part of its ongoing commitment to creating intellectual capital for use worldwide as well as to building and strengthening relationships with leading companies, universities, and other organizations around the globe.

Chairman and CEO of General Motors Speaks at Harvard Business School
BOSTON -- Rick Wagoner (MBA 1977), chairman and chief executive officer of General Motors, recently participated in a Q&A session at Harvard Business School before an overflow audience of more than 300 students, faculty, and staff. He addressed a range of issues, including strategic decision making, brand management, pricing and incentive programs, and corporate social responsibility. His return to campus was part of a distinguished speaker series sponsored by Harvard Business School's Leadership and Values Initiative (LVI).

Harvard Business School Professor Jay W. Lorsch Inducted into American Academy of Arts and Sciences
BOSTON -- Jay W. Lorsch, the Louis E. Kirstein Professor of Human Relations at Harvard Business School and an expert in corporate governance, has been inducted as a Fellow of the American Academy of Arts and Sciences (www.amacad.org). Founded in 1780 and headquartered in Cambridge, Mass., the AAAS is an international learned society composed of the world's leading scientists, scholars, artists, business people, and public leaders, including numerous Nobel laureates and Pulitzer Prize winners.

Harvard Professor Michael E. Porter Awarded the 2005 John Kenneth Galbraith Medal
BOSTON -- Harvard University Professor Michael E. Porter, the world's leading authority on the competitive strategy of companies and countries, has been honored as the recipient of the 2005 John Kenneth Galbraith Medal by the American Agricultural Economics Association (AAEA), a professional society whose mission is to enhance the skills, knowledge, and professional contributions of those economists who serve society in solving problems related to agriculture, food, resources and economic development.

Thomas J.C. Raymond, Longtime Professor at HBS and Harvard University Extension School, Dead at 88
BOSTON -- Harvard Business School Professor Emeritus Thomas J.C. Raymond, who taught a legendary writing course that thousands of Harvard MBA students regarded as one of the most valuable parts of their HBS education after they had graduated and put his lessons into practice in the workplace, died at Cape Cod Hospital in Hyannis on Sept. 29. He was 88 years old.

Harvard Business School Bestows Its Highest Honor on Five Graduates
BOSTON -- Dean Jay O. Light presented Harvard Business School's highest honor, the Alumni Achievement Award, to five recipients today at a special ceremony before students, faculty, and other members of the HBS community. Since 1968, HBS has selected a number of outstanding graduates to receive this honor, recognizing them as "leaders who have truly made a difference in the world."

New Book In Their Time Presents Exhaustive Study of Most Influential American Business Leaders of the 20th Century
BOSTON -- Business leaders--whether legends of the last century or trailblazers of the current one—do not operate in a vacuum. In any era, executives lead within environments that are constantly reconfigured by contextual factors—political, regulatory, social, and others—that breed both obstacles and opportunities. In Their Time, a new book from Harvard Business School Press, looks at the 20th century's great leaders most adept at exploiting the opportunities of their times and comments on the lessons their legacies hold for the study and practice of leadership today.

Harvard Business School Completes Restoration, Expansion of Renowned Library
BOSTON -- Harvard Business School today formally re-opened Baker Library, the grand historic building capped with a bell tower that has been the symbol of the School for over seventy-five years, marking the conclusion of an extensive two-year, $53.4 million renovation and expansion project.

Harvard Business School Helps Broaden Scope of Education in Business Schools throughout China
BOSTON -- More than 70 educators from a number of prominent business schools in the People's Republic of China and Taiwan, including Fudan University, National Taiwan University, Peking University, Renmin University, and Tsinghua University, recently participated in the first Harvard Business School (HBS) Program on Case Method and Participant-Centered Learning (PCMPCL) on the HBS campus in Boston.

Kenneth R. Andrews, Harvard Business School Professor and Father of Corporate Strategy, Dead at 89
BOSTON -- Kenneth R. Andrews, who began his academic career as an authority on Mark Twain and went on to become a renowned professor at Harvard Business School, a founder of the field of corporate strategy, editor of the Harvard Business Review, and a beloved "master" of Leverett House (one of Harvard University's undergraduate residences), died on Sunday, Sept. 4, at his home in Durham, N.H., after a brief illness. He was 89 years old and had also resided in Cambridge, Mass.

James J. Healy, Harvard Business School Professor and Prominent Labor Arbitrator, Dead at 88
BOSTON -- James J. Healy, the John G. McLean Professor of Business Administration Emeritus at Harvard Business School (HBS), died at his home in Phoenix, Arizona, on June 6 at the age of 88. A member of the Harvard University and HBS faculties for more than four decades, he was a leading authority on labor relations as well as a nationally renowned arbitrator in numerous labor-management disputes who remained active in arbitration activities almost until the time of his death.

Retired Harvard Business School Professor Lawrence E. Thompson Dies at 85
BOSTON -- Lawrence E. Thompson, an expert in finance and taxation and a member of the Harvard Business School (HBS) faculty from 1951 until his retirement in 1981, died at his home in Lincoln, Massachusetts, on March 11th. He was 85 years old.

Harvard Business School Celebrates 95th Commencement
BOSTON, June 9, 2005 -- Harvard Business School celebrated its 95th Commencement exercises today on its campus in Boston. The graduates included 878 MBA candidates from more than 70 different countries, as well as six students who received doctorates in business administration. In addition, HBS, in conjunction with the Harvard Graduate School of Arts and Sciences, awarded eight Ph.D. degrees in the fields of business economics and organizational behavior.

General Electric Chairman and CEO Speaks at Harvard Business School Class Day Exercises
BOSTON, June 8, 2005 -- Jeff Immelt (MBA '82), chairman and chief executive officer of General Electric, returned to Harvard Business School today to offer his advice to graduating students from his perspective as leader of one of the world's most well known and highly regarded companies.

Harvard Business School Dean to Step Down
BOSTON, June 6, 2005 -- Harvard Business School Dean Kim B. Clark announced today that he will step down on July 31, 2005, in order to accept the role of President of Brigham Young University-Idaho shortly thereafter. Clark was named Dean of HBS in 1995; he is the eighth Dean in the School's ninety-seven-year history.

Nine Business School Graduates Receive Dean's Award for Outstanding Service
BOSTON, June 1, 2005 -- A record nine members of the Business School's MBA Class of 2005 are being honored with the Dean's Award—and these recipients are as diverse as they are outstanding in their commitment to service. Given annually since 1998 by Dean Kim B. Clark to students who have demonstrated unusually strong leadership during their two years at HBS, the Dean's Award is one of the School's highest honors.

Student Entrepreneurs Shine at Harvard Business School
BOSTON, May 5, 2005 -- The finalists in Harvard Business School's ninth annual Business Plan Contest participated in the Contest's final presentations and award ceremony on Monday (May 2) before an enthusiastic audience of students, faculty, and venture capitalists. Winning teams received $10,000 in cash and $10,000 worth of in-kind accounting and legal services, while runners-up walked away with $5,000 in cash and $5,000 in services.