Robert S. Kaplan, Marvin Bower Professor of Leadership Development, has received several major awards in the field of accounting: The American Accounting Association honored him with a Wildman Medal for his book The Balanced Scorecard: Translating Strategy into Action (coauthored by David P. Norton; HBS Press, 1996). Presented annually, the award recognizes a work with significant influence on both practice and research in public accounting. The Institute of Management Accountants (IMA) presented Kaplan with its R. Lee Brummet Distinguished Service Award for contributions to the IMA and the academic community.

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