01 Jun 2014
The Harvard Business School CampaignRe: Ratan Tata (AMP 71); Ronald Cohen (MBA 1969); Martin Halusa (MBA 1979); Thierry Porte (MBA 1982); Muneer Satter (MBA 1987); Len Blavatnik (MBA 1989); Paul Edgerley (MBA 1983); Sandy Edgerley (MBA 1989); Bruce Evans (MBA 1986); Bridgitt Evans (MBA 1986); Andy Paul (MBA 1983); Joe O'Donnell (MBA 1971); Scott Malkin (MBA 1983); Mickey Mikitani (MBA 1993); Mark Stevens (MBA 1989); Ajay Piramal (AMP 110); Andre Jakurski (MBA 1973); Bob Greenhill (MBA 1962); Gisel Kordestani (MBA 2003); Judy Pagliuca (MBA 1983); Steve Pagliuca (MBA 1982)Topics:
By its launch at the end of April, The Harvard Business School Campaign had achieved $600 million toward its $1 billion goal. This early success was made possible by the thousands of alumni and friends who have given to the HBS Fund for Leadership and Innovation, as well as by donors who contributed to specific priorities, such as those featured here.
HBS recognizes that effective leadership requires a truly global perspective and understanding. Generous early commitments from Global Leaders Circle members, including Sir Ronald Cohen (MBA 1969), Martin Halusa (MBA 1979), and Thierry Porté (MBA 1982), enable HBS to advance its international priorities by expanding opportunities for the faculty to test new ideas around the world, by enriching classroom learning with new cases, and by attracting students with a greater diversity of backgrounds. Significant funding from donors such as David Rubenstein also makes it possible for the School to provide faculty-designed and -led field experiences where students can experience leading in an unfamiliar environment.
The Evolving Campus
Since it was built in 1924, HBS's residential campus has evolved and adapted to meet the changing needs of the School. Three new building projects focus on Executive Education, recognizing the growing reach and impact the School is achieving through the more than 8,000 participants who come to campus each year.
Tata Hall (above), named in honor of Ratan Tata (AMP 71, 1975), opened in December 2013, adding much-needed living and classroom space. Baker Hall will reopen in June 2015 after extensive renovations as Esteves Hall, named in appreciation of a gift from André Esteves. It will feature updated living and gathering spaces for program participants. The following June, the Ruth Mulan Chu Chao Center will open where Kresge once stood. Made possible by a gift from a Dr. James Si-Cheng Chao and family foundation, it will be a hub for executives and a bridge to the HBS community.
MBA Program Innovation
Continuing its history of educational innovation, HBS has utilized the field method—a powerful complement to the case method—to give students opportunities to develop the "doing" and "being" dimensions of leadership. Just as the yearlong required FIELD (Field Immersion Experiences for Leadership Development) course has had a major impact on the first-year curriculum, a gift from the family of the late William F. Connell (MBA 1963) will enable HBS to enhance the second-year elective curriculum and ensure that students are fully prepared to lead in an increasingly complex and ever-changing world.
Today, more than ever, the world needs bold new thinking — grounded in research and scholarship — to address the complex challenges faced by business and society. The most intractable problems require cross-disciplinary, multisector collaboration. Leadership support from the Citi Foundation, together with major gifts from individuals such as Muneer Satter (MBA 1987), have made it possible for HBS faculty to do research, conduct surveys, hold forums around the country, and publish their ideas and insights, all as part of the multiyear U.S. Competitiveness Project that has spurred additional work on PK–12 education and infrastructure.
Integration across Harvard University
Student-centered and faculty-enabled, the Harvard Innovation Lab (i-lab) has become a vibrant, University-wide hub for entrepreneurship since its opening in 2011. The generosity of founding donors — Len Blavatnik (MBA 1989), Paul (MBA 1983) and Sandra Edgerley (MBA 1989) , Bruce and Bridgitt Bertram Evans (both MBA 1986), The Heckscher Foundation, and Andrew Paul (MBA 1983) — and others is allowing members of the Harvard community and beyond to take their ideas as far as they can go.
The HBS One Harvard Fund, a fundraising effort led by Joe O'Donnell (MBA 1971), is enabling HBS faculty to teach a broader cross section of Harvard students through new courses offered at the graduate and undergraduate levels and across disciplines. Making it possible for faculty to develop new curricula and expand their "classroom," the HBS One Harvard Fund is enhancing the learning for everyone involved.
Gifts to fellowships ensure that men and women with the highest potential for leadership can attend HBS. The newly endowed Women's Student Association Fellowship, supported by the student club, alumni, and friends, highlights the HBS community's commitment to maintaining a robust financial aid program. By underpinning the School's need-blind admissions policy, fellowships help bring together students from around the world whose insights enrich the learning experience for all. Fellowships also enable recipients to make career choices that resonate with their talents and passions.
HBS is developing highly differentiated online education offerings that will create a new standard for excellence in online business education and pedagogy. With leadership support from founding donors—The Lemann Foundation, Scott (MBA 1983) and Laura Malkin, Hiroshi Mikitani (MBA 1993), and Mark Stevens (MBA 1989)—HBX will provide an interactive, participant-centered experience that will deepen the impact of the faculty's research and teaching and greatly expand the School's reach.
HBS has remained at the forefront of business scholarship, teaching, and impact on practice by assembling an outstanding faculty committed to the creation and dissemination of breakthrough ideas. Gifts, such as those from Ajay Piramal (AMP 110, 1992) and Dr. Swati Piramal and André Jakurski (MBA 1973) to endow associate professorships, help foster the next generation of faculty members who will shape the future of business education.
Culture and Community
HBS is committed to creating an environment in which all members of the community can thrive and reach their full potential. Support in this area takes many forms. A gift from Robert (MBA 1962) and Gayle Greenhill, for instance, supports community-building and campus cultural events and activities within the MBA Program. And a research fund established by Gisel (MBA 2003) and Omid Kordestani underwrites scholarship and activities at HBS focused on accelerating the advancement of women leaders.
HBS Fund for Leadership & Innovation
Annual giving to the HBS Fund is a critical source of flexible funding that has an immediate impact on the School's priorities. This collective support, led by HBS Fund Chairs Judy (MBA 1983) and Steve (MBA 1982) Pagliuca, is also essential to the School's ability to invest in new ideas and initiatives. Those who choose to deepen their commitment to the work of the School as leadership annual donors are recognized as HBS Fund Investors Society members.