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…
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September 17, 2001
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…
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June 4, 2001
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…
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April 23, 2001
The Aging of America
The 1946-64 post-WWII Baby Boom saw the advent of the biggest generation of Americans ever. As this generation has worked its way through life, like a pig swallowed whole by a snake, it has wrought enormous and lasting changes on each stage of life. The generation that gave us free love and alternative lifestyles is…
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April 17, 2001
HID Conference Ponders Aids Developments
On April 6-7, 2001, the world congregated at The Kennedy School of Government for the Seventh Annual Harvard International Development Conference. Speakers from places such as China, Bangladesh, Bolivia, South Africa, Latvia, Mexico, Brazil, and Dominican Republic, spoke about “Delivering Impact: Evolving Partnerships in International Development.” The conference organizers, made up from a partnership of…
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April 17, 2001
Secrets to Growth Revealed
There is no question that “growth” is back at the top of any CEO’s strategic agenda. “However, the mindset that has developed around growth projections is totally unrealistic for most companies – even considering the past decade of strong, economic expansion” argued Chris Zook during his growth strategy presentation last Thursday at HBS. The event,…
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March 12, 2001
Recession Regression
Cheryl Alkon knew the job market was tight in 1992 when she graduated from college at the tail-end of the last real recession in the United States. But that didn’t make her six-month effort to find a job as a magazine writer any easier. “If someone was going to get a media job, I thought,…
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February 5, 2001
HBS Team wins the second prize at the Dell Case Competition
“Business models are converging. New access devices are growing. Where it the money for Dell?”. It’s on this somewhat laconic assignment that the final of the Dell Case Competition started on January, 26th in Ann Arbor, Michigan for the enthusiastic HBS team (Don Khamapirad, Yi Sun, Ellis Chi and Benjamin Gigot).We spent 24 very intense…