Tag: growth

Professor Kanter's Dangerous Conclusion

In the final issue of The Harbus 2001 Edition, Harvard Business School Professor Rosabeth Moss Kanter graciously submitted an article that originally appeared in the December 2001 issue of Business 2.0, entitled, “The End of the End of Big Government.” In her piece, Prof. Kanter argues forcibly that the U.S. terrorism crisis revealed “our erstwhile… Continue reading Professor Kanter's Dangerous Conclusion

There's Hope Yet For the Economy

Now that we officially are in a recession, the question on everybody’s lips is “For how long?” On Friday, Abby Cohen-Managing Director at Goldman Sachs and Chair of Goldman’s Investment Policy Committee-visited the HBS campus to explain why she is projecting a return to trend growth rates in real GDP and corporate profits in 2002.… Continue reading There's Hope Yet For the Economy

Clubs Sponsor New Foundations Classes

HBS students already identify themselves with Foundations. It is their first contact with HBS and the first building blocks of their graduate school education. HBS student run clubs have an important role in further building those blocks through improving our understanding of specific topics as well as each other. The High Tech & New Media… Continue reading Clubs Sponsor New Foundations Classes

Career Talk

Credit Suisse First Boston. Intel. Robertson Stephens. All big names in corporate America, and all known for their extensive recruiting efforts at the country?s top colleges and universities. But with the economy?s rapid deceleration after more than a decade of extraordinary growth, these companies have all been forced to rescind job offers or push back… Continue reading Career Talk

Harvard Management Deserves Reward for Great Performance

Harvard Management Company (HMC), a private company that manages the Harvard University endowment, once again outperformed its benchmark during the most recent fiscal year. Given the overall weakness in the global financial markets during this period, HMC’s performance is particularly impressive. HMC employs a team of investment professionals that use an active management strategy. The… Continue reading Harvard Management Deserves Reward for Great Performance

Welch: People Matter

Jack Welch, former CEO of General Electric and one of America’s most admired business leaders, Friday told HBS students who hope to lead companies that they can learn important lessons from the way public officials like New York City Mayor Rudolph Giuliani reacted to the terrorist attacks on New York City and Washington, D.C. “We… Continue reading Welch: People Matter

Students Flock to Meet Chinese Economist

On the first Friday afternoon of the new school year, almost 100 students packed Aldrich 209 for a presentation by Prof. Zhang Jun on China’s economic development. The event was organized by the Asia Business Club.Prof. Zhang Jun is one of the most prominent economists in China today, serving as the Associate Dean of the… Continue reading Students Flock to Meet Chinese Economist

Dubai, Inc.

OverviewThe story of Dubai is a bright spot in a gloomy world economy. Amidst the 2002 global recession, Dubai’s economic growth was estimated close to 10%. Within the oil-dependent Gulf Cooperation Council (GCC) states, Dubai’s economy is highly diversified (only around 10% of GDP comes from oil). Dubai thrives on retail, tourism, wholesale, transportation and… Continue reading Dubai, Inc.

Building the African Dream

As opportunities for boundless growth continue to diminish in the United States and other developed nations, businesses are learning how to shift their focus to emerging economies. Though Asia, particularly China, has benefited most from this new wave of foreign investment, Africa is beginning to reposition herself to capture some of the benefits of globalization.… Continue reading Building the African Dream

Is Another Economic Slide Around the Corner?

We all have seen brighter days of the U.S. economy than the present (not to mention, on a personal level, those of the current labor market). There is substantial hope that brighter days are to come. In reality, there is a possibility of a longer than expected recuperation period and a deeper economic crisis in… Continue reading Is Another Economic Slide Around the Corner?

Does Anyone

I wrote on my HBS application that I was looking forward to a life-altering experience. Corny stuff, I know, but yours said something similar, or had a similar theme, I’m sure. How do I know? Because I’m beginning to see that sentence less as a pandering plea to admit me and more as a self-assessment… Continue reading Does Anyone

Asia Business Conference 2003

For two days over this past Valentine’s Day weekend, students and speakers from around the globe attended the 2003 Asia Business Conference, which featured a stellar roster of speakers, a cocktail party at the Fogg Art Museum, a career fair, and culminated in a Valentine’s Day Dinner, Ball and Casino Night at the Charles Hotel.… Continue reading Asia Business Conference 2003

Interview with Michael Lee-Chin

Michael Lee-Chin acquired AIC Limited in 1987 and has, over the years, taken the organization from $1 million to more than $14 billion in assets under management. Much like his mentor, Warren Buffett, Michael is strong in his convictions. “To be a successful investor you need to look to people who have a lineage of… Continue reading Interview with Michael Lee-Chin

Westrek

WesTrek, an HBS tradition since the early 90’s, arrived in full force this year, with HBS students driving a full range of shiny rental cars across the Silicon Valley in pursuit of the perfect tech job. While traffic is certainly lighter these days, the news is better than some might suspect – despite reports to… Continue reading Westrek

Intuit CEO Steve Bennett Talks Business

Think Intuit is just Quicken? Think again. In a presentation at HBS on December 3rd, Steve Bennett, Intuit’s President and CEO, talked about Intuit’s future not only as the provider of Quicken and TurboTax, but more significantly as a platform for small businesses, a space they see as nearly limitless in its opportunities. The event,… Continue reading Intuit CEO Steve Bennett Talks Business

Interview with Adrian J. Slywotzky, Author of "The Art of Profitability"

Adrian J. Slywotzky is a Vice President and member of the Board of Directors of Mercer Management Consulting, the global strategy consulting firm. A Harvard University, Law and Business School graduate, Mr. Slywotzky has worked extensively at the CEO level at major corporations, and has consulted across dozens of industries. “Industry Week” recently dubbed him… Continue reading Interview with Adrian J. Slywotzky, Author of "The Art of Profitability"

A Closer Look at China:

When Mr. Jeff Immelt (Chairman & CEO, GE) spoke at Harvard last week in front of a capacity crowd in Burden Auditorium, he outlined his views on the near term economy and GE’s future prospects. I remember that he mentioned China as being part of the big picture of GE’s focus on growth overseas. China… Continue reading A Closer Look at China:

Immelt Outlines GE's Growth Prospects

September 25 – A little over a year ago, Jeff Immelt (MBA ’82A) inherited one of the toughest jobs in corporate America. Succeeding the much-lauded Jack Welch, Immelt took over the helm of General Electric (GE) just a few days before the September 11 terrorist attacks. In front of a capacity crowd in Burden Auditorium,… Continue reading Immelt Outlines GE's Growth Prospects

Leading Toward a Better World? Filling the Gaps of Globalization

Leading Toward a Better World? Filling the Gaps of Globalization By Prof. Rosabeth Moss Kanter Special Featured Contributor Seven months ago the horrible terrorist attacks on the United States precipitated a crisis addressed in the short-term by military actions and security measures. But what will it take in the longer run to lead the world… Continue reading Leading Toward a Better World? Filling the Gaps of Globalization

Corporate Responsibility … Misplaced

Zibby Schwarzman’s article in Viewpoints last week raises an interesting issue. Is the airing of sensational news as part of the media ratings battle worth the cost of traumatizing people who do not wish to see it? She was referring in particular to CBS’ decision to air never-before-seen graphic footage of the September 11th attacks.… Continue reading Corporate Responsibility … Misplaced

Latin America Competitiveness: Poised but Unproven

Burden Hall was full of attendees and optimism, but the mood was tense as Sara Sievers, Executive Director of the Center for International Development (CID) at Harvard University, presented the results of the CID’s Global Competitiveness Report about Latin America. The results of the Latin America Competitiveness Report, which were also presented to the World… Continue reading Latin America Competitiveness: Poised but Unproven

Argentina in Crisis: What Went Wrong?

Last weekend’s Latin America Conference featured a surprise luminary speaker, Professor Ricardo Hausmann, Harvard Kennedy School of Government Professor of the Practice of Economic Development, who outlined events leading to the recent Argentina debt crisis that led to street riots and a revolving door to the presidency. Prof. Hausmann cited a decline in commodity prices… Continue reading Argentina in Crisis: What Went Wrong?

Social Reform in Italy

“The faster Italy resolves its own contradictions, the greater role it will be able to play in helping Europe achieve its three main goals: political integration, institutional efficiency, and competitiveness in the global economy.” With these words, Antonio D’Amato, chairman of the Italian Business Federation, concluded the meeting with MIT and Harvard students at the… Continue reading Social Reform in Italy

Risk Mindset in Asia Could Thwart Growth Opportunities

Jeffrey Shafer, Vice Chairman for Salomon Smith Barney International and a member of the Council on Foreign Relations, predicts high growth potential for Southeast Asian nations. His presentation at the recent Asia Business Conference here at HBS began with a slide that compared growth rates between Asian nations before and after the financial crisis of… Continue reading Risk Mindset in Asia Could Thwart Growth Opportunities

Welcome, Our Foul Weather Friends

Last Wednesday’s decision by the Federal Reserve to maintain the current fed funds rate may well be a harbinger of a much-welcomed change, especially around these parts. Consistent with Alan Greenspan’s optimistic remarks a week earlier, the Fed said on Wednesday, “Signs that weakness in demand is abating and economic activity is beginning to firm… Continue reading Welcome, Our Foul Weather Friends

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Harvard's Expansion Leaves Local Residents in its Dust

In 1636 the New World’s first college had about 400 pounds in its coffers. Today, this college, Harvard University, has an endowment of nearly $20 billion (a figure larger than the GDP of more than 50% of the world’s nations) and an annual operating budget of nearly $2 billion. Very impressive numbers, and ones that… Continue reading Harvard's Expansion Leaves Local Residents in its Dust