Faculty: Awards

2008

André F. Perold, the School's George Gund Professor of Finance and Banking, has received the 2007 Best Perspectives Award from the CFA Institute's Financial Analysts Journal for his article "Fundamentally Flawed Indexing," which appeared in the November-December 2007 issue. The award recognizes "the timeliest and most thought-provoking opinion article" of the year. According to the article, the argument of fundamental indexers that capitalization weighting is an inferior investment strategy because it necessarily invests more in overvalued stocks and less in undervalued stocks is false.

Laura Alfaro, an expert on international economics, was recently selected as a Young Global Leader 2008 by the World Economic Forum. This honor is bestowed each year to recognize the top 200-300 young leaders under the age of 40 from around the world for their professional accomplishments, commitment to society, and potential to contribute to shaping the future of the world. The Young Global Leaders for 2008 include 121 business leaders as well as leaders from government, academia, the media, and society at large. They represent 65 different countries.

Lauren H. Cohen and Christopher J. Malloy, both members of the School's Finance Unit, have recently won the 2007 Smith Breeden Prize, which recognizes the top three papers published in The Journal of Finance in any area other than corporate finance. Their paper, Supply and Demand Shifts in the Shorting Market (coauthored with Karl B. Diether of the Fisher College of Business at Ohio State University) examines the link between the shorting market and stock prices.

2007

Parag A. Pathak, a newly minted Ph.D. in Business Economics, was recently elected a Junior Fellow in Harvard's very select and prestigious Society of Fellows-the first person from any HBS doctoral program to be so honored.

Max H. Bazerman, the School's Jesse Isidor Straus Professor of Business Administration, has received the 2006 Lifetime Achievement Award from the Aspen Institute's Business and Society Program. An international nonprofit organization dedicated to fostering enlightened leadership, the Aspen Institute, through its Faculty Pioneer Awards, recognizes exceptional professors who are leaders in integrating social and environmental issues into their teaching and research. Bazerman's work focuses on decision making in negotiation and on improving decision making in organizations, nations, and society. He is the author, coauthor, or editor of 16 books and more than 180 research articles and chapters. He is also the recipient of numerous other honors, including, most recently, an honorary doctorate from the University of London (London Business School) and the Kulp-Wright Book Award from the American Risk and Insurance Association for Predictable Surprises: The Disasters You Should Have Seen Coming, and How to Prevent Them (Harvard Business School Press).

MBA Class of 1961 Professor of Management Practice Emerita Myra Hart, along with the four other members of the Diana Group, a team of women from several institutions who work together to investigate the unique challenges and opportunities of female entrepreneurs, has received the 2007 FSF-NUTEK Award, an international prize for research on entrepreneurship and small business. It is given annually by the Swedish Business Development Agency and the Swedish Foundation for Small Business Research (FSF). Together, these researchers have published more than 150 articles, book chapters, and papers on entrepreneurship, including over 35 on women's entrepreneurship. Their most recent book is Clearing the Hurdles: Women Building High-Growth Businesses (Financial Times Prentice Hall).

Redefining Health Care: Creating Value-Based Competition on Results (Harvard Business School Press), by Michael E. Porter, the Bishop William Lawrence University Professor, based at Harvard Business School, and Elizabeth Olmsted Teisberg, a Senior Institute Associate at the School's Institute for Strategy and Competitiveness and an associate professor at the University of Virginia's Darden School, has been awarded the 2007 James A. Hamilton Award by the American College of Healthcare Executives (ACHE). Given annually, the award honors a management or healthcare book deemed most outstanding. Redefining Health Care presents a new model for the ailing U.S. health care system that focuses on improving value for patients as measured by health outcomes per dollar expended.

Managing Customers as Investments: The Strategic Value of Customers in the Long Run (Wharton School Publishing), coauthored by Sunil Gupta, the School's Edward W. Carter Professor of Business Administration, has received the 2006 Berry-AMA Book Prize from the American Marketing Association as the best book in marketing reviewed that year. According to the AMA, the book brings together both customer and financial views of marketing, demonstrating a rigorous yet simple approach to measuring the value of customers, and explaining how the results can be used to improve marketing decisions and return on investment.

Tarun Khanna, an authority on strategy and emerging markets and the School's Jorge Paulo Lemann Professor, has been nominated as a Young Global Leader 2007 by the World Economic Forum. The honor, bestowed annually, recognizes a group of 250 top leaders in business, government, academia, and the media--all below the age of 41--for "their professional accomplishments, their commitment to society, and their potential to contribute to shaping the future of the world." This year's group was chosen from a pool of more than 4,000 candidates.

Baker Foundation Professor Robert S. Kaplan has joined the select group of academic, business, and government experts who have been elected to the Accounting Hall of Fame. Kaplan was lauded as an "accounting scholar of international acclaim [who] has given new life to cost accounting and revitalized the role of accounting in business management and strategic planning." Established in 1950 at Ohio State University's Fisher College of Business, the Accounting Hall of Fame now comprises 80 honorees chosen annually by the organization's international board of electors.

From Resource Allocation to Strategy (Oxford University Press), coedited by Joseph L. Bower, Donald Kirk David Professor of Business Administration, has been named the best management book of 2006 by Strategy + Business magazine. The culmination of research Bower pioneered more than three decades ago, the book examines "how managers actually develop organizational strategy rather than how they ought to develop it." According to the reviewer, the glittering array of contributors to this volume "make a compelling case that executives can shape the bottom-up processes whereby strategies are defined and selected by making changes to the structure of the organization."

2006

Associate Professor Constance E. Bagley has received a 2006 Senior Faculty Award of Excellence from the Academy of Legal Studies in Business, the international academic organization of professors teaching law in business schools. Given every other year, the award is the Academy's highest honor and recognizes the recipient's contribution to the instruction of business law, dedication to teaching, and high-quality research and publications.

Professor Toby Stuart, an expert in the field of organizational psychology, has won the 2007 Ewing Marion Kauffman Prize Medal for Distinguished Research in Entrepreneurship. The medal, which includes a $50,000 cash award, is given every two years to one scholar under the age of 40 whose body of research has made a significant contribution to the field of entrepreneurship.

Assistant Professor Romana L. Autrey of the School's Accounting and Management Unit has won the 2006 dissertation award from the Management Accounting Section of the American Accounting Association for "Three Essays on Teams and Synergy." A unanimous selection of the award committee, her dissertation was praised for its "novelty, quality, and implications for theory and practice."

"Inter-Firm Modularity and the Implications for Product Development," an article coauthored by Assistant Professor Mary Tripsas and published in the Journal of Product Innovation Management, has won a Citation for Excellence Award from Emerald Group Publishing. The award recognizes the top 50 articles out of the twenty thousand included in the Emerald Management database.

Michael Beer, the Cahners-Rabb Professor of Business Administration Emeritus, has been named the recipient of three prestigious awards. The Distinguished Professional Contributions Award from the Society of Industrial and Organizational Psychology honors his "longtime and significant contributions to the study of human behavior in the workplace." The Academy of Management's Distinguished Scholar-Practitioner Award recognizes his use of "practice-based learning to influence theory and research-based theory to influence practice." The Harry and Miriam Levinson Award , given by the American Psychological Foundation, honors his "exceptional contributions to consulting organizational psychology."

Nobel laureate Robert C. Merton, the John and Natty McArthur University Professor, delivered the Nancy L. Schwartz Memorial Lecture at the Kellogg School of Management on April 5. His address was titled "How to Pursue Both Comparative Advantage and Efficient Diversification of Risk: An Application of Derivative Securities." The lecture series honors the late Professor Schwartz, the first woman on the Kellogg faculty to be named to an endowed chair.

2005

Renato Tagiuri, Professor of Social Sciences in Business Administration Emeritus, has received the Richard Beckhard Practice Award from the Family Firm Institute, an international association of professionals and family business executives dedicated to interdisciplinary collaboration in the family business field. First offered in 1992, the annual award recognizes significant contributions to the "practice of advising and consulting with family businesses."

Michael E. Porter, the Bishop William Lawrence University Professor, based at Harvard Business School, has received the 2005 Distinguished Contributor to Case Research and Teaching Award from the North American Case Research Association (NACRA). The largest organization exclusively devoted to encouraging faculty to research, write, and publish case studies, NACRA established this award in the late 1980s to recognize lifetime achievements and contributions. Past honorees include Paul R.Lawrence, the Wallace Brett Donham Professor of Business Administration Emeritus, and the late Walmsley University Professor C. Roland Christensen, who championed the case method during his HBS career.

Jay W. Lorsch, the School's Louis E. Kirstein Professor of Human Relations and an expert in corporate governance, has been inducted as a Fellow of the American Academy of Arts and Sciences. Founded in 1780, 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. Lorsch is also the recipient of the 2005 ProAward from the International Association of Corporate & Professional Recruitment in recognition of his many contributions to the field of human resources.

Associate Professor Lee Fleming and Associate Professor Jan W. Rivkin, with coauthor Olav Sorenson, have won a 2005 European Meeting on Applied Evolutionary Economics Best Paper Award for "Complexity and the Diffusion of Knowledge." Fleming and Sorenson's paper on "Science and the Diffusion of Knowledge" received the 2005 Richard R. Nelson Prize.

"Mergers and Acquisitions: An Experimental Analysis of Synergies, Externalities and Dynamics," by Professor Kathleen L. McGinn and coauthors Rachel T. A. Croson, Armando Gomes, and Markus Noth, was nominated for the 2005 GSAM Best Paper Prize, awarded to the best paper published or accepted for publication in the Review of Finance during the past year.

The April 22, 2005 issue of Modern Healthcare magazine has named Professor Regina E. Herzlinger one of the hundred most powerful people in the field of healthcare in its fourth annual poll. She was ranked 56th.

University Professor Michael E. Porter has received the 2005 John Kenneth Galbraith Medal from the American Agricultural Economics Association in recognition of his "breakthrough discoveries in economics and outstanding contributions to humanity through leadership, research, and service." The medal is presented annually to an individual whose writings and contributions to policymaking have changed the way people think and governments operate.

Rosabeth Moss Kanter, the Ernest L. Arbuckle Professor of Business Administration, will receive an honorary doctor of laws degree from Leeds Metropolitan University in England on July 12 in recognition of her "outstanding contribution to business strategy, innovation, and leadership for change." This will be Kanter's twenty-second honorary doctorate and will be awarded at the graduation ceremony of the university's School of Business Strategy and School of Economics and Human Resources Management.

Assistant Professor Steven J. Spear, a member of the School's Technology and Operations Management Unit, has won a 2005 Shingo Research and Professional Publication Prize for his article "Learning to Lead at Toyota," published in the May 2004 issue of Harvard Business Review. Part of the premier manufacturing award recognition program for North America, this prize recognizes researchers who promote new knowledge and understanding of manufacturing and business improvement methods, systems, and processes. This marks the third time that Spear has won this award.

Assistant Professor Michael Roberto, who teaches in the School's General Management Unit, has been recognized by Emerald Management Reviews (which assesses articles from the world's most prominent management titles) as the author of one of the top 50 management articles of 2004 for his paper "Strategic Decision-Making Processes: Beyond the Efficiency-Consensus Trade-Off," published in Group & Organization Management (vol. 29, no. 6, 2004).

2004

University Professor Michael E. Porter has been elected an honorary fellow of the Royal Society of Edinburgh in recognition of his "outstanding contributions" to the field of competitive strategy as well as his achievements in public service. The Royal Society was founded in 1783 by royal charter for the "advancement of learning and useful knowledge."

Assistant Professor Daniel Bergstresser and Associate Professor Mihir Desai, along with Joshua Rauh of MIT, received the Barclays Global Investors Best Symposium Paper Award at the European Finance Association 2004 annual meeting for Earnings Manipulation, Pension Assumptions and Managerial Investment Decisions [pdf file]. Their research was published as part of the National Bureau of Economic Research working paper series (No. w10543).

Consumer-Driven Health Care: Implications for Providers, Payers, and Policymakers (Jossey-Bass: 2004), by Professor Regina E. Herzlinger, has received a Book of the Year Award in the category of history and public policy from the American Journal of Nursing.

Professor emeritus Benson P. Shapiro has received an honorary doctorate from the Athens University of Economics and Business. The degree recognized Shapiro as one of the world's leading authorities in the field of marketing and in business-to-business marketing in particular.

Associate Professor Luis M. Viceira has won the Silver Scroll Prize for Innovation from the Institute for Quantitative Investment Research for "The Term Structure of the Risk-Return Trade-Off," a paper he coauthored with Professor John Y. Campbell of the Harvard Economics Department.

Professor Regina E. Herzlinger has received the Board of Directors' Award from the Healthcare Financial Management Association (HFMA), the nation's leading membership organization for health care financial management professionals. The award lauds the "impressive insight and foresight" of Herzlinger's extensive research and analysis regarding "the precarious state of managed care and the move toward consumer-driven health care" in this country. This marks only the twenty-third time that HFMA has bestowed this honor since the organization's founding 39 years ago. Among many other works, Herzlinger is the editor of Consumer-Driven Health Care: Implications for Providers, Payers, and Policymakers (Jossey-Bass, 2004) and the author of Market-Driven Health Care: Who Wins, Who Loses in the Transformation of America's Largest Service Industry (Addison Wesley, 1997).

Assistant Professor Steven J. Spear has received a 2004 Shingo Research and Professional Publication Prize for his article "The Essence of Just-in-Time: Imbedding Diagnostic Tests in Work-Systems to Achieve Operational Excellence." The article appeared in Production, Planning, and Control in December 2002 (Volume 13, Number 8, pp. 754-767). Named after Japanese industrial engineer Shigeo Shingo, one of the world's leading experts in improving manufacturing processes, the Shingo Research and Professional Publication Prize recognizes research and writing that provides new knowledge and understanding of lean manufacturing techniques.

The Strategic Management Journal Best Paper Prize for 2003 has gone to Gary P. Pisano, the School's Harry E. Figgie, Jr. Professor of Business Administration, and coauthors David Teece and Amy Shuen for "Dynamic Capabilities and Strategic Management" (vol. 18, no. 7, August 1997).

Alfred D. Chandler, Jr., Isidor Straus Professor of Business History, Emeritus, has received the John F. Kennedy Medal from the Massachusetts Historical Society. Awarded to only five other recipients since its inception in 1964, the medal recognizes outstanding service to the study of history. Past recipients include Oscar Handlin and Samuel Eliot Morrison. In his introductory remarks, former New York Times columnist Anthony Lewis noted that Chandler, a Harvard College classmate of JFK's, not only created the field of business history but dominated it for decades.

James E. Austin, the Eliot I. Snider and Family Professor of Business Administration, has received a faculty pioneer award from the Aspen Institute and World Resources Institute in recognition of his leadership in integrating social and environmental impact management into the School's MBA Program. A report issued by the two organizations, Beyond Grey Pinstripes 2003: Preparing MBAs for Social and Environmental Leadership, cited Austin, along with six other professors from across the country, for his contributions to scholarship and outreach in the business sector.

The Organizational Behavior Division of the Academy of Management recently honored the work of several HBS faculty members at the AOM annual meeting in Seattle:

Among those presenting papers at what was judged the meeting's Most Innovative Session in this field of study was Teresa Amabile, the Edsel Bryant Ford Professor of Business Administration. Amabile coauthored a paper titled "Affect and Creativity at Work: A Daily Longitudinal Test."

Associate Professor Amy Edmondson won The Cummings Scholar Award, given annually to one researcher "in early mid-career (Ph.D. not earned before 1996) to recognize outstanding achievement." The judges cited two articles in particular: "Disrupted Routines: Team Learning and New Technology Implementation in Hospitals," coauthored with Assistant Professor Richard Bohmer and Professor Gary Pisano (Administrative Science Quarterly, 46, 685-716), and "Psychological Safety and Learning Behavior in Work Teams" (Administrative Science Quarterly, 44, 350-383).

The award for Outstanding Publication went to Associate Professor Jeffrey T. Polzer and his coauthors for their article "Capitalizing on Diversity: Interpersonal Congruence in Small Work Groups (Administrative Science Quarterly, 47, 296-324).

The September issue of Modern Healthcare magazine has named Regina E. Herzlinger, the Nancy R.McPherson Professor of Business Administration, to its "100 Most Powerful" list. She is the author of Market-Driven Health Care (Perseus Paperback, 1999) and the forthcoming Consumer-Driven Health Care (Jossey-Bass) and Prophets of Change (Jossey-Bass).

University Professor Michael E. Porter has received the 2003 Scholarly Contributions to Management Award from the Academy of Management in recognition of "significant scholarly contributions that have substantially affected management knowledge and practice." Porter was honored for a large and influential body of work that examines three areas: how firms compete in industries and gain competitive advantage; the sources of competitiveness and prosperity of nations, states, cities, and regions; and how competitive thinking can be applied to social issues such as the environment, philanthropy and economically distressed communities.

Josh Lerner, the Jacob H. Schiff Professor of Investment Banking, and his coauthor, Antoinette Schoar of the MIT Sloan School of Management, have won the NASDAQ Best Paper Prize for "Private Equity in the Developing World: The Determinants of Transaction Structures." The award was presented at this summer's Western Finance Association meeting.

Postdoctoral Fellow Noam T. Wasserman, the School's Tukman Faculty Fellow, has won the Harvard Sociology Department's first Aage Sorensen Award for his paper "Founder-CEO Succession and the Paradox of Entrepreneurial Success," published in the March-April 2003 issue of Organization Science. The award recognizes the best research paper written by a graduate student in the department seeking to qualify for the Ph.D.

2003

"Managing Multisite Nonprofits," by Professor Allen Grossman and Malcolm P. McNair Professor of Marketing V. Kasturi Rangan, has received the annual Editors' Prize for the Best Scholarly Paper in the journal Nonprofit Management and Leadership for 2002. This paper emerged from the School's 1998 Social Enterprise Research Forum.

Professor Max Bazerman, the Jesse Isidor Straus Professor of Business Administration, has been named one of the recipients of this year's Everett Mendelsohn Excellence in Mentoring Award. Based on student nominations, this award is offered annually by the Graduate Student Council of Harvard's Graduate School of Arts and Sciences to publicly recognize outstanding mentors of graduate students among the University's faculty and to promote throughout the Harvard community a broader understanding of the importance of mentoring.

Associate Professor Michael Watkins has received the CPR Institute for Dispute Resolution's 2002 book award for Breakthrough Business Negotiation: A Toolbox for Managers (Jossey-Bass). He won the 2001 award as well for Breakthrough International Negotiation (Jossey-Bass), coauthored by Susan Rosegrant. The CPR Institute is the leading U.S. organization of dispute resolution professionals.

The Journal of Finance has honored several HBS faculty members: Assistant Professor Malcolm P. Baker has won the 2002 Brattle Prize for the best paper in corporate finance for "Market Timing and Capital Structure, " cowritten with Jeffrey Wurgler (The Journal of Finance 57, February 2002, 1-32). The 2002 Smith Breeden Prize for best paper, excluding corporate finance, has gone to Associate Professor Mark Mitchell, Todd Pulvino (Ph.D., Business Economics, 1996), and Assistant Professor Erik Stafford for "Limited Arbitrage in Equity Markets" (The Journal of Finance 57, April 2002, 551-584).

The 2002 Geewax, Terker & Company Prize in Investment Research, offered by the Rodney L. White Center at the Wharton School, has gone to Professor Paul Gompers and coauthors Joy Ishii and Andrew Metrick for their paper "Corporate Governance and Equity Prices."

The fifteenth anniversary issue of Risk magazine has included University Professor Robert C. Merton in its Risk Hall of Fame, one of fifty "pioneers in risk management" so honored.

Assistant Professor Luis M. Viceira and Professor John Y. Campbell of the Harvard University Economics Department are cowinners of the seventh annual Paul A. Samuelson Award for their book Strategic Asset Allocation: Portfolio Choice for Long-term Investors (Oxford University Press, 2002). Administered by the TIAA-CREF Institute, the award recognizes outstanding original scholarship on lifelong financial security that has practical implications for individuals and financial planners. The book was lauded for providing "a solid theoretical foundation for practical asset allocation advice based on modern analytical methods."

"Globalization and Institutions in Economic Development," by Joseph Kogan (Ph.D., Business Economics, 2002) has won the 2002 Gunnar Hedlund Award as the best doctoral dissertation in the field of international business. The award is presented by the Institute of International Business at the Stockholm School of Economics and the European International Business Academy. Noting its "creativity and originality," the award jury noted that "this fine thesis has the true potential of impacting the field." "Through a creative use of data," they wrote, "the author shows that country borders still play a fundamental role in the world economy, and that real convergence is yet to come."

The 2002 Marshall Shulman Book Prize, sponsored by the Harriman Institute at Columbia University, has gone to HBS assistant professor Rawi Abdelal for National Purpose in the World Economy: Post-Soviet States in Comparative Perspective (Cornell University Press, 2002). A study of the international behavior of the countries of the former communist bloc, the book won praise for combining "considerable theoretical sophistication with extraordinarily in-depth empirical grounding."

"When Does Leadership Matter? The Contingent Opportunities View of CEO Leadership," an HBS Working Paper by Associate Professor Bharat N. Anand, Richard P. Chapman Professor of Business Administration Nitin Nohria and Postdoctoral Fellow Noam T. Wasserman, was selected as the lead summary in the "Intelligence" section of the Winter 2002 MIT Sloan Management Review.

Christopher A. Bartlett, Thomas D. Casserly, Jr. Professor of Business Administration, and Professor Sumantra Ghoshal of London Business School have won the 2002 Award on Leadership and Corporate Governance from the Association of Executive Search Consultants for their article "Building Competitive Advantage through People," which appeared in the Winter 2002 MIT Sloan Management Review.

Assistant Professor Estelle S. Cantillon, who earned her Ph.D in economics from Harvard University in 2000, has won the David A. Wells Prize for her dissertation, "Essays in Auction Theory and Political Economy." The prize recognizes the Harvard Economics Department's best doctoral dissertation and is awarded only when an "exceptional thesis is produced." Among past winners are Bishop William Lawrence University Professor Michael E. Porter (1973-74) and Nobel laureates Paul A. Samuelson (1941-42) and A. Michael Spence (1971-72).

Harvard University's Graduate Student Council has selected Associate Professor Amy C. Edmondson as a recipient of one of its five Excellence in Mentoring Awards, which recognize faculty members for their achievements, efforts, and commitment to advising and helping the career development of Harvard doctoral students.

"The Effects of CEO Equity Ownership and Diversification on Risk Taking," an article by Assistant Professor Thomas R. Eisenmann that originally appeared in the Strategic Management Journal (June 2002), was selected for inclusion as a research brief in the November 2002 issue of The Academy of Management Executive.

The Intelligent Community Forum (ICF), a unit of the World Teleport Association that focuses on communities' use of broadband technology for economic development, has presented its Intelligent Community Visionary of the Year Award to Rosabeth Moss Kanter, the Ernest L. Arbuckle Professor of Business Administration. The award recognizes ongoing research, writing, and teaching that aims to guide communities, leaders, and private-sector organizations as they make the transformation into the Digital Age.

Robert S. Kaplan, Marvin Bower Professor of Leadership Development, has received several major awards in the field of accounting: The American Accounting Association honored him with a Wildman Medal for his book The Balanced Scorecard: Translating Strategy into Action (coauthored by David P. Norton; HBS Press, 1996). Presented annually, the award recognizes a work with significant influence on both practice and research in public accounting. The Institute of Management Accountants (IMA) presented Kaplan with its R. Lee Brummet Distinguished Service Award for contributions to the IMA and the academic community.

Assistant Professor Youngme Moon has been selected as the 2002-2003 Hellman Faculty Fellow. The Hellman Faculty Fellowship Fund was recently established by F. Warren Hellman (MBA '59) and his wife, Patricia C. Hellman, to help increase the representation of women among the faculty and to assist talented junior professors who have distinguished themselves.

"Sustaining Superior Performance through a Bubble," by Doctoral Candidate M. Julia Prats and Associate Professor Ashish Nanda, won the runner-up prize for best paper at the 2002 Strategic Management Society conference.

Howard Raiffa, the Frank P. Ramsey Professor of Managerial Economics, Emeritus, and a pioneer in the field of decision analysis, has received an honorary doctor of laws degree from Harvard University. An originator of the "decision tree," he has done extensive work in developing techniques to help decision makers think more systematically about complex choices involving uncertainties and tradeoffs.

Associate Professor Scott A. Snook has received the Academy of Management's George R. Terry Award for his book Friendly Fire (Princeton University Press, 2000), a study of the accidental shoot-down of U.S. Army Black Hawk helicopters over Northern Iraq in 1994. This honor is granted annually to the book published during the past two years that is judged to have made the most outstanding contribution to the advancement of management knowledge.

Associate Professor Michael Watkins and Susan Rosegrant, a case writer at the Kennedy School of Government, have won a Best Book Prize from the CPR Institute in honor of Breakthrough International Negotiation: How Great Negotiators Transformed the World's Toughest Post-Cold War Conflicts (Jossey-Bass, 2001). The book examines diplomatic negotiations in the Middle East, the Persian Gulf, Korea, and Bosnia. The CPR Institute is an alliance of 500 global corporations and law firms at the forefront of resolving business and public disputes through mediation and other forms of dispute resolution.

2002

The University of Delaware awarded an honorary doctor of laws degree to Alfred D. Chandler Jr., the Isador Strauss Professor of Business History, Emeritus, recognizing him as "the world's foremost business historian." The citation noted Chandler's role as the preeminent authority on the evolution of the modern corporation. A Delaware native, Chandler was in Wilmington to attend the Business History Conference, an association of business historians, where he received the organization's first Lifetime Achievement Award.

Professor Geoffrey G. Jones has won the premier business history prizes in both the United States and Great Britain for his book Merchants to Multinationals: British Trading Companies in the Nineteenth and Twentieth Centuries (Oxford University Press, 2000). The book was awarded the 2001 Wadsworth Business History Prize as the work, by a British scholar, that has made the most "significant contribution to the study of business history." The volume also won the 1998-2000 Harvard-Newcomen Book Award in Business History. Conferred once every three years by the editorial board of the Business History Review, the award recognizes the best work in the field of business history published in the United States.

Tulane University has awarded an hononary doctor of humane letters degree to Professor Rosabeth Moss Kanter recognizing her "innovative work on strategic leadership for change that has altered the way business and government approach the global economy." The award also lauded Kanter's roles as a teacher, author or coauthor of 15 books, and advisor to governments and corporations. "You have influenced countless business leaders in the rapidly changing world," Kanter's citation said.

The George & Robin Raymond Family Business Institute has awarded a grant and research fellowship to Senior Lecturer John A. Davis to support his eight-year research project and book on family businesses. Davis's work examines the practices of several family companies, including Marriott, The New York Times, SC Johnson & Son, and Kikkoman. Davis is interested in identifying factors that account for the successful perpetuation of family firms.

The Collaboration Challenge: How Nonprofits and Businesses Succeed through Strategic Alliances (Jossey-Bass, 2000), by Professor James E. Austin, has won second place in the Virginia A. Hodgkinson Research Prize competition, held annually by the Independent Sector, a coalition of national nonprofit organizations, foundations, and corporate philanthropy programs. The prize recognizes outstanding published research that furthers an understanding of philanthropy, voluntary action, nonprofits, and civil society in the United States and abroad.

Professor David E. Bell has received the 2001 Frank P. Ramsey Medal in recognition of his distinguished contributions to the field of decision analysis. The award is the highest honor bestowed by the Decision Analysis Society. Recipients are judged to have made substantial contributions to mathematical decision theory and its application to important classes of real decision problems. Previous winners include HBS professors emeriti Howard Raiffa and John W. Pratt as well as the late Professor Robert O. Schlaifer.

Associate Professor Amy C. Edmondson has won a McGregor Award for "Learning from Mistakes Is Easier Said Than Done: Group and Organizational Influences on the Detection and Correction of Human Error" (Journal of Applied Behavioral Science, 1996). The award recognizes 11 articles out of approximately 250 published in the journal between 1990 and 1999. (Please see related article on page 12.)

Doctoral Student Boris Groysberg is the winner of the 2001 Booz-Allen & Hamilton/ Strategic Management Society Best Ph.D. Conference Paper Fellowship for "Achieving Competitive Advantage by Leveraging Star Knowledge Workers: Performance Drivers of Ranked Analysts." He also earned honorable mention in the 2001 McKinsey/Strategic Management Society Best Conference Paper Prize competition.

"The Outsiders," by Professor Regina E. Herzlinger, has won the Articles of Merit Competition of the Chartered Institute of Management Accountants. Published in the June 2000 issue of Management Accounting, the article presents a comprehensive framework for overseeing the accountability of nonprofit and government organizations.

The Strategic Management Society has named "Core Capabilities and Core Rigidities: A Paradox in Managing New Product Development," by Professor Dorothy A. Leonard, the 2001 Best Paper of the Strategic Management Journal. The article was originally published in the Summer 1992 special issue of the SMJ.

Japan's Hitotsubashi University has established a prize in honor of University Professor Michael E. Porter, recognizing his extensive body of research on competitiveness and his long-standing interest in Japan. The Porter Prize will be awarded to Japanese companies that have achieved and maintained superior profitability in an industry by implementing strategies based on innovations in products, processes, and ways of managing.

A Shingo Prize for excellence in manufacturing research has gone to Associate Professor Stefan H. Thomke and Taka Fujimoto (DBA '89) of Tokyo University for their article "The Effect of 'Front-Loading' Problem-Solving on Product Development Performance." The article appeared in the March 2000 issue of the Journal of Product Innovation Management. Shingo prizes annually recognize publications, articles, or applications that broaden the body of knowledge regarding lean manufacturing practices.

The Academy of Management honored numerous HBS faculty members and doctoral students at its annual meeting last summer:

Professor Christopher A. Bartlett was a corecipient of the Distinguished Scholar Award from the Academy's Advances in International Management and International Management Division. Bartlett is the author or coauthor of eight books, including Managing across Borders: The Transnational Solution (Harvard Business School Press, 1989; revised paperback edition 2001), written with cowinner Sumantra Ghoshal (DBA '86) of the London Business School.

Professor Rosabeth Moss Kanter received the Distinguished Career Scholarly Contributions Award in recognition of a broad and innovative research agenda that has not only advanced management knowledge and practice but "in some cases has led to whole new areas of study." Kanter has written or cowritten fifteen books, most recently Evolve!: Succeeding in the Digital Culture of Tomorrow (Harvard Business School Press, 2001).

Professor David A. Thomas and Professor John J. Gabarro won the George R. Terry Book Award for Breaking Through: The Making of Minority Executives in Corporate America (Harvard Business School Press, 1999). Given once every three years, the award honors the book judged to have made the most outstanding contribution to the advancement of management knowledge.

In the Academy's Best Paper categories:

"Venture Design, Scalability, and Sustained Performance," by Richard Bergin (DBA '01), was included in the Best Paper Proceedings in the Technology and Innovation Management Division.

Assistant Professor Tiziana Casciaro won the Best Paper Award of the Business Policy and Strategy Division for "Determinants of Governance Structure in Alliances: The Role of Strategic, Task, and Partner Uncertainties."

Post-Doctoral Fellow Mark J. Cotteleer (DBA '01) received the Best Student Paper Award of the Operations Management Division for "Exploring Performance following ERP Implementation."

"Front-Line Problem Solving: The Responses of Hospital Nurses to Work System Failures," by Associate Professor Amy C. Edmondson, Assistant Professor Steven J. Spear, and Doctoral Student Anita Tucker, was included in the Best Paper Proceedings in the Health Care Management Division.

"Different Patterns of Performance Improvement for Explicit and Tacit Knowledge: An Empirical Test" by Associate Professor Amy C. Edmondson, with Ann Winslow, Assistant Professor Richard Bohmer, and Professor Gary Pisano, is included in the Best Paper Proceedings in the Technology and Innovation Management Division.

Assistant Professor Clark Gilbert (DBA '01) won the Robert Litschert Best Doctoral Student Paper Award of the Business Policy and Strategy Division for "A Dilemma in Response: Examining the Newspaper Industry's Response to the Internet."

"Different Knowledge, Different Benefits: Toward a Productivity Perspective on Knowledge Sharing in Organizations," by Doctoral Student Martine R. Haas and Assistant Professor Morten T. Hansen, was part of the Best Paper Proceedings in the Management Consulting Division.

Assistant Professor Rakesh Khurana received the West Publishing Best Paper Award of the Organization and Management Theory Division for "Bringing Individuals Back In: The Effects of Career Experience on New Firm Founding."

"Capitalizing on Diversity: Interpersonal Congruence in Small Work-Groups," by Associate Professor Jeffrey T. Polzer, William B. Swann, Jr., and Laurie P. Milton, was included in the Best Paper Proceedings in the Organizational Behavior Division.

"From Community of Innovation to Community of Inertia: The Rise and Fall of the Akron Tire Cluster," by Assistant Professor Donald N. Sull, was included in the Best Paper Proceedings in the Business Policy and Strategy Division.

Assistant Professor Belen Villalonga won The Free Press Outstanding Strategy Dissertation Award of the Business Policy and Strategy Division for " 'Chop Shop' Valuation Models and the Diversification Discount: Issues of Causality, Selectivity, and Aggregation."