November 22, 1999
Contact: David Lampe
(617) 495-6336
Harvard Business School Establishes Research Center in Latin America
Harvard Business School Establece Centro de Investigación en América Latina
BOSTON -- Harvard Business School (HBS) announced today the formation of a Latin America Research Center (LARC) and has named Gustavo A. Herrero as its Executive Director.
Located in Buenos Aires, Harvard Business School's Latin America Research Center will focus on research about important business issues in South America, Central America, and Mexico. The formal opening of the office will take place in mid-2000. While the School has been involved in the region in a number of ways over the years, the LARC will further leverage the School's research, course development, and impact in Latin America. The LARC will also work with Harvard University's David Rockefeller Center for Latin American Studies.
This will be the second research center HBS has established outside the United States. The Asia-Pacific Research Office, located in Hong Kong, was established in January 1999. The California Research Center, opened in 1997, is located in Silicon Valley, California.
According to Dean Kim B. Clark, the Latin America Research Center is part of the School's continuing strategy to deepen the international content of its curriculum and research. "The Center will facilitate the research and course development process for HBS faculty," he said.
"Perhaps even more importantly, it will help identify interesting business challenges and opportunities that can be better recognized with local knowledge and context. I believe that the opening of this center offers a opportunity for cooperation and collaboration that will benefit both HBS and the Latin American business and academic communities."
As part of its Latin American Initiative, HBS will also be offering a program in July 2000 in Boston to bring together leading academics from business schools in Latin America to discuss teaching by the case method and field-based research. "We are designing this program to stimulate collaboration between HBS faculty and regional scholars, in order to ensure a high degree of understanding of the region and to create meaningful research in an area with a deep and complex history," said Professor Stevenson, faculty chair of Harvard Business School's efforts in Latin America.
Gustavo Herrero's duties as LARC's Executive Director begin immediately. He is an Argentine citizen, who received his Master's Degree in Business Administration (MBA) from Harvard Business School in 1976, while on a Fulbright Scholarship. Most recently the CEO and Managing Director of Zucamor S.A., a leading Argentine paper and packaging company, Herrero has an extensive background in corporate management. Herrero has also been extensively involved in HBS alumni affairs, having served as President of the Harvard Club of Argentina and currently as a member of the HBS Alumni Board.
Commenting on Herrero's appointment, Professor Stevenson said, "Gustavo brings to the position a rich and deep background from key global industries, a keen understanding of Harvard Business School's mission, and outstanding leadership skills. We are fortunate to have him on board in this extremely important role."
Founded in 1908, Harvard Business School is widely regarded around the world as the leader in business education. Located on a 60-acre campus in Boston, Massachusetts, it offers full-time programs leading to the MBA and doctoral degrees, as well as a portfolio of more than 35 executive education programs. With a faculty of more than 200 distinguished scholars, the School has shaped the practice of business by educating leaders, building enduring knowledge, and effectively communicating important ideas to meet the challenges and opportunities of the next century.
HBS Asia-Pacific Research Office
HBS California Research Center