25 Apr 2014
BOSTON—Harvard Business School today publicly launched a capital campaign to raise $1 billion over the next five years and an alumni outreach program that will significantly increase engagement with and among alumni well in to the future. The School has raised more than $600 million in gifts and pledges as part of the campaign’s “quiet phase,” which began in 2012. The overall goal is part of Harvard University’s $6.5 billion campaign announced last September. Read more.
24 Apr 2014
BOSTON—Harvard Business School (HBS) broke ground today on its campus in Boston for the construction of a new Executive Education facility—the Ruth Mulan Chu Chao Center. The ceremony included remarks by Harvard University President Drew Gilpin Faust, Harvard Business School Dean Nitin Nohria, former U.S. Secretary of Labor Elaine Chao (MBA 1979), former Prime Minister of Australia Kevin Rudd, U.S. Senator Ed Markey (D-MA), and the Honorable Cui Tiankai, China’s ambassador to the United States.Read more.
17 Apr 2014
York Street Partners and Busbud Take Top Honors in Harvard Business School Alumni New Venture Competition
BOSTON—With online crowd votes from Harvard Business School (HBS) alumni and current MBA students, the winners of the 2014 HBS alumni New Venture Competition have been crowned. The winner of the crowd-voted Most Innovative and Greatest Impact categories is York Street Partners, a boutique investment bank designed to drive Sri Lanka’s transformation. In the Best Investment category, which was judged by a panel of HBS alumni angel investors, Busbud, an intercity bus travel company, took the award. Each category carried a $25,000 prize. Read more.
03 Apr 2014
BOSTON— Sir Alex Ferguson, the former manager of Manchester United, the English football (soccer) club, has been appointed to a long-term teaching position in Executive Education by Harvard Business School. His role starts this spring when he will lecture to senior executives from around the world as part of the new “The Business of Entertainment, Media and Sports” program. Ferguson recently retired following 26 years of tenure at Manchester United. He is the most successful manager in the history of British football, winning 49 trophies in 39 years. Read more.
01 Apr 2014
BOSTON—Management-By-Walking-Around, a widely adopted technique in hospitals in which senior managers visit the frontlines of their organizations to solicit improvement ideas and resolve issues, has the potential to do more harm than good, according to a new study by researchers from Harvard School of Public Health (HSPH) and Harvard Business School (HBS). In contrast to evidence that suggests MBWA-type programs improve the safety climate in hospitals, this study finds the effectiveness of these programs depends on how they are approached. “Our research cautions managers against adopting practices just because evidence suggests they are effective in one or a few hospitals. Managers really need to understand what makes practices effective in order to replicate their success,” said co-author Sara Singer, associate professor in the Department of Health Policy and Management at HSPH. Read more.