Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • June 2003
  • Case
  • HBS Case Collection

Peabody Simpson at the Crossroads

By: Rajiv Lal, Nitin Nohria and Leslie Freeman
  • Format:Print
  • | Pages:7
ShareBar

Abstract

Three managing directors at Peabody Simpson had just returned from a firm-wide recruiting event at Columbia University, which they had covered together, as all were alumni. They were commiserating about having to submit revised forecasts to their division heads by the end of the week. Alec Hastings, head of Global Institutional Securities, wanted an update on year-to-date expense. They sat at their favorite watering hole and discussed the challenge of cutting $600 million out of the operating budget.

Keywords

Forecasting and Prediction; Capital Budgeting; Recruitment; Reports; Organizational Design

Citation

Lal, Rajiv, Nitin Nohria, and Leslie Freeman. "Peabody Simpson at the Crossroads." Harvard Business School Case 503-112, June 2003.
  • Educators
  • Purchase

About The Authors

Rajiv Lal

Marketing
→More Publications

Nitin Nohria

→More Publications

More from the Authors

    • April 2025 (Revised May 2025)
    • Faculty Research

    Adobe: GenAI Opportunity or Threat?

    By: Sunil Gupta, Rajiv Lal and Allison Ciechanover
    • March 2025
    • Faculty Research

    Christophe Beck: Leading Ecolab into Its Next Century

    By: Nitin Nohria, Kayti Stanley, Regina Gomez and Veshal Arul Prakash
    • December 2024 (Revised March 2025)
    • Faculty Research

    WayCool: Addressing Food Loss

    By: Rajiv Lal and Kairavi Dey
More from the Authors
  • Adobe: GenAI Opportunity or Threat? By: Sunil Gupta, Rajiv Lal and Allison Ciechanover
  • Christophe Beck: Leading Ecolab into Its Next Century By: Nitin Nohria, Kayti Stanley, Regina Gomez and Veshal Arul Prakash
  • WayCool: Addressing Food Loss By: Rajiv Lal and Kairavi Dey
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College.