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      • Faculty Publications  (62)

      Natural Disasters Remove Natural Disasters →

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      Natural Disasters Hurt Incumbents
      The Political Economy of 'Natural' Disasters
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      • January 2020
      • Background Note

      Climate Change in 2020: Implications for Business

      By: Rebecca M. Henderson, Sophus A. Reinert and Mariana Oseguera
      This note provides general information about climate change and its implications for business. Included is an overview of climate change science and a number of its impacts, including rising sea levels, changing weather patterns and extreme weather, pressure on water...  View Details
      Keywords: Climate Change; Environmental Accounting; Agribusiness; Economic Growth; Energy Conservation; Energy Generation; Renewable Energy; Energy Sources; Non-renewable Energy; Globalized Markets And Industries; National Security; Government Legislation; Operations; Corporate Social Responsibility And Impact; Problems And Challenges; Risk And Uncertainty; natural disasters; natural Environment; Environmental Sustainability; Pollutants; Science-based Business; Weather; Society; Technology
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      Henderson, Rebecca M., Sophus A. Reinert, and Mariana Oseguera. "Climate Change in 2020: Implications for Business." Harvard Business School Background Note 320-087, January 2020. (Click here for a complimentary copy on the Business & Environment Initiative’s site.)
      • November 2018 (Revised October 2019)
      • Case

      Rebuilding Puerto Rico

      By: Laura Alfaro, Laura Phillips Sawyer and Haviland Sheldahl-Thomason
      On September 20, 2017, Hurricane Maria swept over Puerto Rico, devastating the island’s infrastructure and agriculture. The natural disaster was layered atop years of mounting financial distress. Before the hurricane, Puerto Rico had accumulated $74 billion in debt and...  View Details
      Keywords: natural disasters; Financial Crisis; Infrastructure; Borrowing And Debt; Economy; Strategic Planning; Governing Rules, Regulations, And Reforms; Puerto Rico
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      Alfaro, Laura, Laura Phillips Sawyer, and Haviland Sheldahl-Thomason. "Rebuilding Puerto Rico." Harvard Business School Case 719-018, November 2018. (Revised October 2019.)
      • March 2018
      • Case

      Chaudhary Group: Rebuilding Nepal

      By: Christopher J. Malloy, Lauren H. Cohen and Inakshi Sobti
      After the 2015 Nepal earthquake, the Chaudhary Group, a billion-dollar conglomerate in Nepal, decides to play a pivotal role in rebuilding the country. The Group's philanthropic arm (Chaudhary Foundation) works with stakeholders and develops a blue print for short- and...  View Details
      Keywords: Leadership; Family Business; Decision Choices And Conditions; Developing Countries And Economies; Social Entrepreneurship; Values And Beliefs; Venture Capital; Microfinance; Geographic Location; Collaborative Innovation And Invention; Management; Crisis Management; Management Teams; Resource Allocation; Business And Community Relations; Business And Government Relations; natural disasters; Social And Collaborative Networks; Social Issues; Business Strategy; Consumer Products Industry; Banking Industry; Auto Industry; Real Estate Industry; Travel Industry; Nepal
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      Malloy, Christopher J., Lauren H. Cohen, and Inakshi Sobti. "Chaudhary Group: Rebuilding Nepal." Harvard Business School Case 218-100, March 2018.
      • March 2018
      • Supplement

      Chaudhary Group: Rebuilding Nepal (B)

      By: Christopher J. Malloy, Lauren H. Cohen and Inakshi Sobti
      Supplements the (A) case. Having successfully spearheaded relief work in the aftermath of the Nepal earthquake, the Chaudhary Foundation envisions creating a more comprehensive and sustainable development model. They are keen to build a model village that integrates...  View Details
      Keywords: Leadership; Family Business; Decision Choices And Conditions; Developing Countries And Economies; Social Entrepreneurship; Values And Beliefs; Venture Capital; Microfinance; Geographic Location; Collaborative Innovation And Invention; Management; Crisis Management; Management Teams; Resource Allocation; Business And Community Relations; Business And Government Relations; natural disasters; Social And Collaborative Networks; Social Issues; Business Strategy; Consumer Products Industry; Banking Industry; Auto Industry; Real Estate Industry; Travel Industry; Nepal
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      Malloy, Christopher J., Lauren H. Cohen, and Inakshi Sobti. "Chaudhary Group: Rebuilding Nepal (B)." Harvard Business School Supplement 218-110, March 2018.
      • December 2017
      • Case

      Charity or Bribery?

      By: Eugene Soltes and Brian Tilley
      Filip Kowalski, a senior manager at the pharmaceutical company Healthgen, leads sales for the firm’s Polish division. While pitching Healthgen’s products, he develops a relationship with a director of a regional health fund who also runs a private foundation. After a...  View Details
      Keywords: Bribery; Crime And Corruption; Law; Ethics; Philanthropy And Charitable Giving; United States; Europe
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      Soltes, Eugene, and Brian Tilley. "Charity or Bribery?" Harvard Business School Case 118-052, December 2017.
      • 2017
      • Chapter

      Corporate Moral Agency, Positive Duties, and Purpose

      By: Nien-hê Hsieh
      A long-standing question in business ethics is whether business enterprises are themselves moral agents with distinct moral responsibilities. To date, the debate about corporate moral agency has focused on responsibility for past wrongdoing that involves violating...  View Details
      Keywords: Corporate Social Responsibility And Impact; Moral Sensibility; Mission And Purpose
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      Hsieh, Nien-hê. "Corporate Moral Agency, Positive Duties, and Purpose." In The Moral Responsibility of Firms, edited by Eric Orts and N. Craig Smith. Oxford University Press, 2017.
      • 2017
      • Casebook

      Public Health Preparedness: Case Studies in Policy and Management

      By: Arnold M. Howitt, Dutch Leonard and David W. Giles
      This book provides detailed accounts of a range of public health emergencies. Topics range from natural disasters, to infectious diseases, to pandemics, and more. With chapters on Superstorm Sandy, H1N1, the Ebola virus, and bioterrorism, these cases cover major areas...  View Details
      Keywords: Health Care And Treatment; Health Pandemics; natural disasters; Safety; Public Sector; Policy; Management
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      Howitt, Arnold M., Dutch Leonard and David W. Giles, eds. Public Health Preparedness: Case Studies in Policy and Management. Washington, DC: American Public Health Association, 2017.
      • December 2015 (Revised January 2016)
      • Case

      Woolf Farming and the California Water Crisis

      By: Forest Reinhardt, David Bell, Natalie Kindred, Mary Shelman and Laura Winig
      This case highlights the tough choices, competing interests, and decision-making mechanisms involved in California's management of its severe drought, entering its fifth year in 2015. Stuart Woolf, CEO of Woolf Farming, a grower and processor of almonds, tomatoes, and...  View Details
      Keywords: Plant-based Agribusiness; natural disasters; Climate Change; Resource Allocation; Environmental Sustainability; Government And Politics; Economics; Weather; Agriculture And Agribusiness Industry; California
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      Reinhardt, Forest, David Bell, Natalie Kindred, Mary Shelman, and Laura Winig. "Woolf Farming and the California Water Crisis." Harvard Business School Case 716-038, December 2015. (Revised January 2016.)
      • Article

      Prices and Supply Disruptions during Natural Disasters

      By: Alberto Cavallo, Eduardo A. Cavallo and Roberto Rigobon
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      Cavallo, Alberto, Eduardo A. Cavallo, and Roberto Rigobon. "Prices and Supply Disruptions during Natural Disasters." Review of Income and Wealth 60, no. S2 (November 2014): S449–S471.
      • September 2014 (Revised March 2017)
      • Case

      Humanitarian Assistance/Disaster Relief: What Can We Learn from Commercial Supply Chains?

      By: Willy Shih and Margaret Pierson
      Organizing speedy and efficient supply operations for unpredictable major natural disasters was a continuing challenge for the U.S. military, and the 2010 earthquake in Haiti was both unique in its operational scope and political complexity. As he reviewed the...  View Details
      Keywords: Supply Chains; Humanitarian Assistance; Disaster Relief; Logistics; Distribution; Logistics; Supply Chain; Supply Chain Management; Operations; Distribution Industry; United States; Haiti
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      Shih, Willy, and Margaret Pierson. "Humanitarian Assistance/Disaster Relief: What Can We Learn from Commercial Supply Chains?" Harvard Business School Case 615-003, September 2014. (Revised March 2017.)
      • July–August 2014
      • Article

      How the Other Fukushima Plant Survived

      By: Ranjay Gulati, Charles Casto and Charlotte Krontiris
      In March 2011, Japan's Fukushima Daiichi nuclear power plant was devastated by three reactor explosions and two core meltdowns in the days following a 9.0 earthquake and a tsunami that produced waves as high as 17 meters. The world is familiar with Daiichi's fate; less...  View Details
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      Gulati, Ranjay, Charles Casto, and Charlotte Krontiris. "How the Other Fukushima Plant Survived." Harvard Business Review 92, nos. 7/8 (July–August 2014): 111–115.
      • January 2013
      • Supplement

      The Great East Japan Earthquake (C): Ishinomaki Kouwan Hospital's Response

      By: Hirotaka Takeuchi, Yukiko Sakai, Rebecca Agonafir, Peter Cholewinski, Allison Kean and Emily Kloeblen
      On the evening of March 11, 2011, Mayama Fumihiro, the Managing Director of Ishinomaki Kouwan Hospital knew that it would be a long, cold night. The 103 staff members and 162 patients and families were huddled on the top two floors of the four-story hospital, where...  View Details
      Keywords: East Japan; Earthquake; Ishinomaki Kouwan Hospital; natural disasters; Crisis Management; Health Care And Treatment; Health Industry; Japan
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      Takeuchi, Hirotaka, Yukiko Sakai, Rebecca Agonafir, Peter Cholewinski, Allison Kean, and Emily Kloeblen. "The Great East Japan Earthquake (C): Ishinomaki Kouwan Hospital's Response." Harvard Business School Supplement 713-440, January 2013.
      • January 2013
      • Supplement

      The Great East Japan Earthquake (D): Lawson's Response

      By: Hirotaka Takeuchi, Victor Stone, Samer Abughannam, Sebastien D'Incau, Jonathan Driscoll, Katharine Hill and Jeffrey Reynolds
      CEO Niinami Takeshi (HBS '91) stared out his corner office window as the Tokyo skyscrapers swayed and the concrete trembled. He was in the midst of the largest seismic event to hit Japan in recorded history. Lawson's managers understood earthquake response. They had...  View Details
      Keywords: East Japan; Earthquake; Lawson's; natural disasters; Philanthropy And Charitable Giving; Japan
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      Takeuchi, Hirotaka, Victor Stone, Samer Abughannam, Sebastien D'Incau, Jonathan Driscoll, Katharine Hill, and Jeffrey Reynolds. "The Great East Japan Earthquake (D): Lawson's Response." Harvard Business School Supplement 713-441, January 2013.
      • January 2013
      • Supplement

      The Great East Japan Earthquake (E): Yamato Transport's Response

      By: Hirotaka Takeuchi, Leonard Kosinski, Christina Royce, Anna Stetsovskaya and Evgeny Vasilyev
      CEO Kikawa of Yamato Transport gave orders to his managers right after the triple disaster hit the Tohoku region of Japan to do whatever it takes to save lives and not to worry about costs. He also felt that he had to confront the government to make donations to the...  View Details
      Keywords: Japan; Earthquake; Yamato Transport Company; natural disasters; Business And Shareholder Relations; Philanthropy And Charitable Giving; Transportation Industry; Japan
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      Takeuchi, Hirotaka, Leonard Kosinski, Christina Royce, Anna Stetsovskaya, and Evgeny Vasilyev. "The Great East Japan Earthquake (E): Yamato Transport's Response." Harvard Business School Supplement 713-442, January 2013.
      • December 2012 (Revised August 2013)
      • Case

      Nestlé: Agricultural Material Sourcing Within the Concept of Creating Shared Value (CSV)

      By: Ray A. Goldberg and Lorin A. Fries
      Corporate Head of Agriculture Hans Jöhr's mind raced in anticipation of the executive board meeting that afternoon. Jöhr recognized the meeting as a key opportunity to strategize far into the future, reexamining how his team's efforts in sustainable agricultural...  View Details
      Keywords: Agribusiness; Value Creation; Quality; Supply Chain Management; Social Issues; Environmental Sustainability; Problems And Challenges; Growth And Development Strategy; Agriculture And Agribusiness Industry; Health Industry
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      Goldberg, Ray A., and Lorin A. Fries. "Nestlé: Agricultural Material Sourcing Within the Concept of Creating Shared Value (CSV)." Harvard Business School Case 913-406, December 2012. (Revised August 2013.)
      • November 2012 (Revised July 2013)
      • Supplement

      The Great East Japan Earthquake (B): Fast Retailing Group's Response

      By: Hirotaka Takeuchi, Kenichi Nonomura, Dena Neuenschwander, Meghan Ricci, David Roth, Kate Schoch and Sergey Vartanov
      A few hours after the earthquake hit on March 11, 2011, CEO Tadashi Yanai of Fast Retailing was eating sushi at a restaurant near his office. He was confident that his store managers would be able to decide for themselves the best action to take in the midst of this...  View Details
      Keywords: Japan; Earthquake; Fast Retailing Group; Decisions; natural disasters; Crisis Management; Retail Industry; Japan
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      Takeuchi, Hirotaka, Kenichi Nonomura, Dena Neuenschwander, Meghan Ricci, David Roth, Kate Schoch, and Sergey Vartanov. "The Great East Japan Earthquake (B): Fast Retailing Group's Response." Harvard Business School Supplement 713-439, November 2012. (Revised July 2013.)
      • November 2, 2012
      • Editorial

      Natural Disasters Hurt Incumbents

      By: Shawn A. Cole, Andrew Healy and Eric Werker
      Keywords: Natural Disasters; Election Outcomes; natural disasters; Political Elections
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      Cole, Shawn A., Andrew Healy, and Eric Werker. "Natural Disasters Hurt Incumbents." Politico (November 2, 2012).
      • June 2012
      • Article

      Managing Risks: A New Framework

      By: Robert S. Kaplan and Anette Mikes
      Risk management is too often treated as a compliance issue that can be solved by drawing up lots of rules and making sure that all employees follow them. Many such rules, of course, are sensible and do reduce some risks that could severely damage a company. But...  View Details
      Keywords: Risk Management; Governance Controls; Corporate Strategy; Management Analysis, Tools, And Techniques; Framework
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      Kaplan, Robert S., and Anette Mikes. "Managing Risks: A New Framework." Harvard Business Review 90, no. 6 (June 2012).
      • April 2012 (Revised January 2013)
      • Case

      The Great East Japan Earthquake (A)

      By: Hirotaka Takeuchi and Victor Stone
      At 2:46pm on March 11th, 2011, a 9.0M earthquake shook the Tohoku (Northeastern) region of Japan. The epicenter of the earthquake was in the coastal waters of Tohoku and reverberations from the quake triggered a tsunami that ravaged the coastal shores of Eastern Japan....  View Details
      Keywords: Japan; Earthquake; Tohoku; Tsunami; Fukushima Daiichi Nuclear Power Facility; natural disasters; Japan
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      Takeuchi, Hirotaka, and Victor Stone. "The Great East Japan Earthquake (A)." Harvard Business School Case 712-480, April 2012. (Revised January 2013.)
      • April 2012
      • Case

      Renesas Electronics and the Automotive Microcontroller Supply Chain (A)

      By: Willy Shih and Margaret Pierson
      The magnitude 9.0 earthquake that struck Japan in March 2011 caused extensive damage to Renesas Electronics wafer fabrication facility, a critical link in the global automotive supply chain. Many OEMs sole-sourced customized microprocessors from the fab, so its...  View Details
      Keywords: natural disasters; Crisis Management; Supply Chain Management; Production; Strategy; Semiconductor Industry; Auto Industry; Japan
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      Shih, Willy, and Margaret Pierson. "Renesas Electronics and the Automotive Microcontroller Supply Chain (A)." Harvard Business School Case 612-071, April 2012.
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