Harvard Business School in the context of "Harvard Business Publishing"

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⭐ Core Definition: Harvard Business School

Harvard Business School (HBS) is the graduate business school of Harvard University, a private Ivy League research university. Located in Allston, Massachusetts, HBS owns Harvard Business Publishing, which publishes business books, leadership articles, case studies, and Harvard Business Review, a monthly academic business magazine. It is also home to the Baker Library/Bloomberg Center, the school's primary library. Harvard Business School is one of six Ivy League business schools.

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In this Dossier

Harvard Business School in the context of George W. Bush

George Walker Bush (born July 6, 1946) is an American politician, businessman, and former U.S. Air Force officer who served as the 43rd president of the United States from 2001 to 2009. A member of the Republican Party and the eldest son of the 41st president, George H. W. Bush, he served as the 46th governor of Texas from 1995 to 2000.

Born into the prominent Bush family in New Haven, Connecticut, Bush flew warplanes in the Texas Air National Guard in his twenties. After graduating from Harvard Business School in 1975, he worked in the oil industry. He later co-owned the Major League Baseball team Texas Rangers before being elected governor of Texas in 1994. As governor, Bush successfully sponsored legislation for tort reform, increased education funding, set higher standards for schools, and reformed the criminal justice system. He also helped make Texas the leading producer of wind-generated electricity in the United States. In the 2000 presidential election, he won over Democratic incumbent vice president Al Gore while losing the popular vote after a narrow and contested Electoral College win, which involved a Supreme Court decision to stop a recount in Florida.

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Harvard Business School in the context of Consulting

A consultant (from Latin: consultare "to deliberate") is a professional (also known as expert, specialist, see variations of meaning below) who provides advice or services in an area of specialization (generally to medium or large-size corporations). Consulting services generally fall under the domain of professional services, as contingent work.

The Harvard Business School defines a consultant as someone who advises on "how to modify, proceed in, or streamline a given process within a specialized field".

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Harvard Business School in the context of Business school

A business school is a higher education institution or professional school that teaches courses leading to degrees in business administration or management.

A business school may also be referred to as school of management, management school, school of business administration, college of business, or colloquially b-school or biz school.

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Harvard Business School in the context of Arthur C. Brooks

Arthur Charles Brooks (born May 21, 1964) is an American author and academic.

Since 2019, Brooks has served as the Parker Gilbert Montgomery Professor of the Practice of Nonprofit and Public Leadership at the Harvard Kennedy School and at the Harvard Business School as a Professor of Management Practice and Faculty Fellow. Previously, Brooks served as the 11th President of the American Enterprise Institute. He is the author of thirteen books, including Build the Life You Want: The Art and Science of Getting Happier with co-author Oprah Winfrey (2023), From Strength to Strength: Finding Success, Happiness and Deep Purpose in the Second Half of Life (2022), Love Your Enemies (2019), The Conservative Heart (2015), and The Road to Freedom (2012). Since 2020, he has written the Atlantic’s How to Build a Life column on happiness.

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Harvard Business School in the context of Michael Porter

Michael Eugene Porter (born May 23, 1947) is an American businessman and professor at Harvard Business School. He was one of the founders of the consulting firm The Monitor Group (now part of Deloitte) and FSG, a social impact consultancy. He is credited with creating Porter's five forces analysis, a foundational framework in strategic management that remains widely used in both academia and industry. He is generally regarded as the father of the modern strategy field. He is also regarded as one of the world's most influential thinkers on management and competitiveness as well as one of the most influential business strategists. His work has been recognized by governments, non-governmental organizations and universities.

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Harvard Business School in the context of Clayton Christensen

Clayton Magleby Christensen (April 6, 1952 – January 23, 2020) was an American academic and business consultant who developed the theory of "disruptive innovation", which has been called the most influential business idea of the early 21st century. Christensen introduced "disruption" in his 1997 book The Innovator's Dilemma, and it led The Economist to term him "the most influential management thinker of his time." He was the Kim B. Clark Professor of Business Administration at the Harvard Business School (HBS), and was also a leader and writer in the Church of Jesus Christ of Latter-day Saints (LDS Church). He was one of the founders of the Jobs to Be Done development methodology.

Christensen was also a co-founder of Rose Park Advisors, a venture capital firm, and Innosight, a management consulting and investment firm specializing in innovation.

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Harvard Business School in the context of Creating shared value

Creating shared value (CSV) is a business concept first introduced in a 2006 Harvard Business Review article, Strategy & Society: The Link between Competitive Advantage and Corporate Social Responsibility. The concept was further expanded in the January 2011 follow-up piece entitled Creating Shared Value: Redefining Capitalism and the Role of the Corporation in Society. Written by Michael E. Porter, a leading authority on competitive strategy and head of the Institute for Strategy and Competitiveness at Harvard Business School, and Mark R. Kramer, of the Kennedy School at Harvard University and co-founder of FSG, the article provides insights and relevant examples of companies that have developed deep links between their business strategies and corporate social responsibility (CSR). Porter and Kramer define shared value as "the policies and practices that enhance the competitiveness of a company while simultaneously advancing social and economic conditions in the communities in which it operates", while a review published in 2021 defines the concept as "a strategic process through which corporations can turn social problems into business opportunities".

Menghwar and Daood (2021) conducted a comprehensive review published in the International Journal of Management Reviews ranked second best journal in the field of management in year 2022. In this article, they further refine three characteristics of creating shared value and define CSV as "a strategic process through which corporations can solve a social problem which is relevant to its value chain while making economic profits".

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Harvard Business School in the context of McKinsey & Company

McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinsey, McKinsey is the oldest and largest of the "MBB" management consultancies. The firm mainly focuses on the finances and operations of their clients.

Under the direction of Marvin Bower, McKinsey expanded into Europe during the 1940s and 1950s. In the 1960s, McKinsey's Fred Gluck—along with Boston Consulting Group's Bruce Henderson, Bill Bain at Bain & Company, and Harvard Business School's Michael Porter—initiated a program designed to transform corporate culture. A 1975 publication by McKinsey's John L. Neuman introduced the business practice of "overhead value analysis" that contributed to a downsizing trend that eliminated many jobs in middle management.

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