Management and the Financial Crisis (We Have Met the Enemy and He is Us …)
We have spent the past year mired in a global financial crisis that few saw coming and that will plague us for years to come. HBS professor William A. Sahlman argues that the macroeconomic problems were the result of terrible microeconomic decisions.
India Transformed? Insights from the Firm Level 1988-2005
Professor Laura Alfaro of Harvard Business School and Anusha Chari of the University of North Carolina at Chapel Hill analyze the evolution of India's industrial structure at the firm level following reforms.
Featured Cases
The First Global Financial Crisis of the 21st Century
The global economy was expected to suffer from negative growth for the full year in 2009, a phenomenon not seen since World War II. While the U.S. subprime mortgage disaster was blamed as the original instigator, it was noted that the "global imbalances" of the U.S. current account deficit funded for many years by other nations such as China was also a chief culprit of the crisis as well. Policymakers around the world recognized that the scope and scale of the financial crisis required a coordinated global response. Yet there were conflicting views on what kind of action was needed to address the first global financial crisis of the 21st century.
Newton-Wellesley Hospital
How will Newton-Wellesley Hospital (NWH) preserve its private practice tradition while remaining effective and competitive in a healthcare industry demanding increasing integration between physicians and hospitals? This is the decision facing Newton-Wellesley Hospital president Mike Jellinek in 2009, as several trends--higher costs and lower revenues, shifting workforce demographics, and changing reimbursement models--threaten to disrupt NWH's organizational model.
Faculty in the News
HBS professor says that uncertainty and inflation scare investors
Noel Maurer
El Universal (Venezuela), November 19, 2009
Porter Interview on Goldman Small Business Initiative
Michael Porter
Bloomberg News, November 19, 2009
Buyer Beware: Holiday 'Must Haves' Could Fly Off Store Shelves
Nancy Koehn
ABC News, November 19, 2009
Value chain
Michael Porter
Economist.com, November 19, 2009
After grilling, banker is praised
Rakesh Khurana
The Boston Globe, November 19, 2009
