01 Sep 2012
An Intellectual Capital: Some Influential HBS Ideas, at a Glanceby Professor Elton Mayo: Professor Fritz Roethlisberger; George M. Moffett Professor of Agriculture and Business, Professor Emeritus Ray A. Goldberg; Professor Abraham Zaleznik; Professor Alfred Chandler; Professor Michael Porter; Professor Robert S. Kaplan; Professor Michael C. Jensen; Professor C. Roland Christensen; Professor Robert MentonTopics:
HBS establishes the Bureau of Business Research to write cases.
Founding of Harvard Business Review (HBR).
Elton Mayo and Fritz Roethlisberger conduct pioneering studies establishing the importance of field-based industrial research as Mayo’s The Human Problems of an Industrial Civilization (1933) and Roethlisberger’s Management and the Worker (1939) document.
Research Center in Entrepreneurial History launched at HBS by Harvard economist Joseph Schumpeter and Baker Librarian Arthur Cole.
More than 30 foreign educational institutions request HBS assistance in setting up business schools.
With his book A Concept of Agribusiness, Ray Goldberg (with John Davis) coins a term and defines an industry.
Ken Andrews begins writing cases on the Swiss watch industry that lay the groundwork for the concept and rise of corporate strategy in business thinking.
In “Marketing Myopia” in HBR, Ted Levitt (below) famously asks “What business are you in?” and insists that customer focus be paramount.
Abraham Zaleznik raises a provocative, game-changing question in “Managers and Leaders: Are They Different?” in HBR.
Alfred Chandler’s The Visible Hand: The Managerial Revolution in American Business (1977), which traces the rise of corporate management, wins a Pulitzer Prize.
Michael Porter publishes Competitive Strategy, the book that launches his career as the father of modern strategy.
Thomas McCraw’s Prophets of Regulation (1984), which profiles four Americans from different eras who sought to define and implement regulation, wins a Pulitzer Prize.
C. Roland Christensen’s book Teaching and the Case Method solidifies his reputation as the world’s foremost authority on the case method.
HBS launches the Social Enterprise Initiative to apply innovative business practices to drive high-impact social change.
Building on his earlier work, Michael Jensen advances “agency theory,” the underpinning for compensating executives with stock and stock options.
Robert S. Kaplan (with David Norton, DBA 1973) publishes The Balanced Scorecard, an influential book on strategic performance management and control.
Robert Merton and Myron Scholes win the Nobel Memorial Prize in Economic Sciences for a new method to determine the value of derivatives.
Clayton Christensen’s book The Innovator’s Dilemma articulates the theory of disruptive innovation.
For the first time, annual sales of HBS cases to outside institutions surpass 5 million units, a number exceeded every year since. Eighty percent of cases used in business schools worldwide are from HBS.
HBS introduces team-based, experiential learning with the new FIELD course for first-year MBA students.