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hbs-split-topper-wrapper--page hbs-topper-wrapper" data-theme="crimson" data-region="ct__page__split"><div class="hbs-split-topper"><div class="hbs-split-topper__content"><div class="hbs-split-topper__content-child"><h1 class="hbs-split-topper__title hbs-split-topper__title--short">History</h1><div class="hbs-split-topper__subtitle"><p>Harvard Business School has a long legacy of energy and innovation that we build upon every day to redefine the way management is taught and learned, and to inspire the future of business.</p><p><br/></p></div></div></div><div class="hbs-split-topper__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Baker Library north entrance during construction" width="1197" height="auto" loading="eager" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_1197:1692/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F5TQdYFXnh5PxIOAICCHPQy%2Ff92cde6c752a4db5d07e72928f4ffc71%2F2.0-History-Baker-Construction-1200x1800.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_460,ar_1197:1692/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F5TQdYFXnh5PxIOAICCHPQy%2Ff92cde6c752a4db5d07e72928f4ffc71%2F2.0-History-Baker-Construction-1200x1800.jpg 460w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_1197:1692/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F5TQdYFXnh5PxIOAICCHPQy%2Ff92cde6c752a4db5d07e72928f4ffc71%2F2.0-History-Baker-Construction-1200x1800.jpg" sizes="(max-width: 600px) 460px" fetchpriority="high" style="aspect-ratio:1197/1692;object-fit:cover;object-position:center center"/></span></figure></div></div></div><div class="hbs-breadcrumbs__wrapper noindex" data-theme="light"><nav class="hbs-breadcrumbs" aria-label="Breadcrumbs"><div class="hbs-breadcrumbs__content"><ol class="hbs-breadcrumbs__list"><li class="hbs-breadcrumbs-item"><a href="/" target="_self" class="hbs-breadcrumbs-item__link" title="HBS">HBS</a><svg class="hbs-icon" viewBox="0 0 10 6" fill="currentColor" focusable="false" aria-hidden="true"><path d="M1 0.5L5 4.5L9 0.5"></path></svg></li><li class="hbs-breadcrumbs-item"><a href="/about" target="_self" class="hbs-breadcrumbs-item__link" title="About">About</a><svg class="hbs-icon" viewBox="0 0 10 6" fill="currentColor" focusable="false" aria-hidden="true"><path d="M1 0.5L5 4.5L9 0.5"></path></svg></li><li class="hbs-breadcrumbs-item"><span class="hbs-breadcrumbs-item__link" aria-current="true">History</span><svg class="hbs-icon" viewBox="0 0 10 6" fill="currentColor" focusable="false" aria-hidden="true"><path d="M1 0.5L5 4.5L9 0.5"></path></svg></li></ol></div></nav></div><div class="hbs-detail-page-body__wrapper" data-theme="light"><div class="hbs-detail-page-body"><aside class="hbs-aside-wrapper hbs-aside-left" aria-label="Table of contents" aria-hidden="true"></aside><div class="hbs-detail-page-body__main"><section id="skipto-body" class="hbs-page-body hbs-detail-page-body__content" tabindex="-1"><section class="hbs-global-align-center hbs-timeline-tease-wrapper"><div class="hbs-component--component-header"><div class="hbs-component-header hbs-component-header--large"><div class="hbs-component-header__inner"><div class="hbs-component-header__wrapper"><h2 class="hbs-component-header__title">Key Start Dates</h2></div></div></div></div><div class="hbs-timeline-events"><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1908</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p><strong>Harvard Graduate School of Business Administration</strong> established (the world's first <a href="https://www.hbs.edu/mba" target="_self"><strong>MBA program</strong></a>) with a faculty of 15, 33 regular students, and 47 special students.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1922</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p>The <a href="https://www.hbs.edu/doctoral/" target="_self"><strong>Doctoral Program</strong></a> was established.<br/></p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1922</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p>The <a href="https://www.hbr.org/" target="_blank"><strong>Harvard Business Review</strong></a> was founded.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1924</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p>The <strong>case method</strong> was established as the primary method of instruction.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1927</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p>Business School <a href="https://www.library.hbs.edu/hc/buildinghbs/building-the-campus.html" target="_self"><strong>campus constructed</strong></a>.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1945</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p>First <a href="https://www.exed.hbs.edu/" target="_self"><strong>executive education</strong></a> program (<a href="https://www.exed.hbs.edu/programs/amp/" target="_self">Advanced Management Program</a>) held — a group of sixty executives and recently demobilized veterans.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1959</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p><strong>Women</strong> graduates of the Harvard-Radcliffe Program in Business Administration were admitted to the second year of the MBA program.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1993</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p><a href="https://www.hbr.org/" target="_blank"><strong>Harvard Business Publishing</strong></a> was formed as a wholly owned subsidiary of Harvard University.</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1997</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">2017</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p><strong>Global Research Centers</strong> opened in <a href="https://entrepreneurship.hbs.edu/about-rock/california-research-center/Pages/default.aspx" target="_self">Silicon Valley</a>; other regional research centers were opened in <a href="https://www.hbs.edu/global/about/Pages/asia-pacific.aspx" target="_self">Asia-Pacific</a> (1999), <a href="https://www.hbs.edu/global/about/Pages/latin-america.aspx" target="_self">Latin America</a> (2000), <a href="https://www.hbs.edu/global/about/Pages/japan.aspx" target="_self">Japan</a> (2002), <a href="https://www.hbs.edu/global/about/Pages/europe.aspx" target="_self">Europe</a> (2003), <a href="https://www.hbs.edu/global/about/Pages/south-asia.aspx" target="_self">India</a> (2006), <a href="https://www.hbs.edu/global/about/Pages/middle-east.aspx" target="_self">Istanbul</a> (2013), and <a href="https://www.hbs.edu/global/about/Pages/africa.aspx" target="_self">Johannesburg</a> (2017).</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">2013</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"></div><div class="hbs-timeline-event__text"><div class="hbs-timeline-event__dek"><p><a href="https://online.hbs.edu/" target="_self"><strong>Harvard Business School Online</strong></a> founded.</p></div></div></div></div></div></div></section><section class="hbs-global-align-center hbs-timeline-tease-wrapper"><div class="hbs-component--component-header"><div class="hbs-component-header hbs-component-header--large"><div class="hbs-component-header__inner"><div class="hbs-component-header__wrapper"><h2 class="hbs-component-header__title">Deans</h2></div></div></div></div><div class="hbs-timeline-events"><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">2021</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year--present"><span class="hbs-global-visually-hidden"> to </span> Present</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Dean Srikant Datar speaking with students outdoors on campus" width="2800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F4X0cWCkUBVAiyJoYB0nHHa%2Fd75bb2f423fab7086a624ab565eb79a2%2Fdean-srikant-datar-background.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F4X0cWCkUBVAiyJoYB0nHHa%2Fd75bb2f423fab7086a624ab565eb79a2%2Fdean-srikant-datar-background.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F4X0cWCkUBVAiyJoYB0nHHa%2Fd75bb2f423fab7086a624ab565eb79a2%2Fdean-srikant-datar-background.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p><a href="/about/leadership/dean-srikant-datar" target="_self">Srikant M. Datar</a><br/></p></h4><div class="hbs-timeline-event__dek"></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">2010</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">2020</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Nitin Nohria, Dean, 2010-2020" width="810" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F6hLnX2m2z4GthJo5BKMo1H%2Ff6345067421d8588f397a03badfa6e6c%2Fdean-nohria-hero-1400x608.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F6hLnX2m2z4GthJo5BKMo1H%2Ff6345067421d8588f397a03badfa6e6c%2Fdean-nohria-hero-1400x608.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F6hLnX2m2z4GthJo5BKMo1H%2Ff6345067421d8588f397a03badfa6e6c%2Fdean-nohria-hero-1400x608.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p><a href="/about/history/dean-nitin-nohria" target="_self">Nitin Nohria</a></p></h4><div class="hbs-timeline-event__dek"></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">2005</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">2010</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Jay O. Light, PhD 1970, Dean, 2005–2010" width="540" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F3HG2tCNC3vSlrGQWDoM5Nl-asset%2F07c8f99dcee453d5e7879ee744b9344c%2F2.0-Deans-Jay-Light-221023-bg.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F3HG2tCNC3vSlrGQWDoM5Nl-asset%2F07c8f99dcee453d5e7879ee744b9344c%2F2.0-Deans-Jay-Light-221023-bg.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F3HG2tCNC3vSlrGQWDoM5Nl-asset%2F07c8f99dcee453d5e7879ee744b9344c%2F2.0-Deans-Jay-Light-221023-bg.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>Jay O. Light</p></h4><div class="hbs-timeline-event__dek"><p>PhD 1970</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1995</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">2005</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Kim B. Clark, PhD 1978, Dean, 1995–2005" width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F326rnGDeov78034cPCSGza%2F9d14a4f88638501161584e3022284eae%2F2.0-Dean-Kim-Clark-1995-2005-050725-SC.webp" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F326rnGDeov78034cPCSGza%2F9d14a4f88638501161584e3022284eae%2F2.0-Dean-Kim-Clark-1995-2005-050725-SC.webp 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F326rnGDeov78034cPCSGza%2F9d14a4f88638501161584e3022284eae%2F2.0-Dean-Kim-Clark-1995-2005-050725-SC.webp" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>Kim B. Clark</p></h4><div class="hbs-timeline-event__dek"><p>PhD 1978</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1980</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1995</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="John H. McArthur, Dean, 1980-1995" width="960" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F0hDNnsvtZpr5ZLY0NwTqBx-asset%2F8638683d063e6fb9b7eb80377f9af9c9%2FMcArthur_newsroom_960x540.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F0hDNnsvtZpr5ZLY0NwTqBx-asset%2F8638683d063e6fb9b7eb80377f9af9c9%2FMcArthur_newsroom_960x540.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F0hDNnsvtZpr5ZLY0NwTqBx-asset%2F8638683d063e6fb9b7eb80377f9af9c9%2FMcArthur_newsroom_960x540.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p><a href="/about/history/john-h-mcarthur" target="_self">John H. McArthur</a></p></h4><div class="hbs-timeline-event__dek"><p>MBA 1959, DBA 1963</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1970</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1980</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Lawrence E. Fouraker, Dean, 1970–1980 " width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F4Sf4dJrW8fEmRS3wgP2Wis%2F66be97c96144da55e4d4bbc100d02e80%2F2.0-History-Deans-LAWRENCE-FOURAKER-1800x1200.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F4Sf4dJrW8fEmRS3wgP2Wis%2F66be97c96144da55e4d4bbc100d02e80%2F2.0-History-Deans-LAWRENCE-FOURAKER-1800x1200.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F4Sf4dJrW8fEmRS3wgP2Wis%2F66be97c96144da55e4d4bbc100d02e80%2F2.0-History-Deans-LAWRENCE-FOURAKER-1800x1200.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>Lawrence E. Fouraker</p></h4><div class="hbs-timeline-event__dek"></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1962</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1970</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="George Pierce Baker, Dean, 1962–1970" width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F623FUtkbDzJxAMqKgwypyl%2F4a2e4c7369f7df6f133743d873fec7b0%2F2.0-Dean-George-Pierce-Baker-1800x1200.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F623FUtkbDzJxAMqKgwypyl%2F4a2e4c7369f7df6f133743d873fec7b0%2F2.0-Dean-George-Pierce-Baker-1800x1200.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F623FUtkbDzJxAMqKgwypyl%2F4a2e4c7369f7df6f133743d873fec7b0%2F2.0-Dean-George-Pierce-Baker-1800x1200.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>George Pierce Baker</p></h4><div class="hbs-timeline-event__dek"></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1955</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1962</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Stanley F. Teele, MBA 1930, Dean, 1955–1962" width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2FXpk5ojyOTJ3vauNvOzNYW%2Fe97787bedc441ed95a45def065077e8c%2F2.0-History-Deans-STANLEY-TEELE-1800x1200.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2FXpk5ojyOTJ3vauNvOzNYW%2Fe97787bedc441ed95a45def065077e8c%2F2.0-History-Deans-STANLEY-TEELE-1800x1200.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2FXpk5ojyOTJ3vauNvOzNYW%2Fe97787bedc441ed95a45def065077e8c%2F2.0-History-Deans-STANLEY-TEELE-1800x1200.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>Stanley F. Teele</p></h4><div class="hbs-timeline-event__dek"><p>MBA 1930</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1942</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1955</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Donald K. David, MBA 1919, Dean, 1942–1955 " width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F32wtfPMO7HEC1TkU3R0qp9%2F90de914968fa34105ea16f77b8b03077%2F2.0-History-Deans-DONALD-DAVID-1800x1200.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F32wtfPMO7HEC1TkU3R0qp9%2F90de914968fa34105ea16f77b8b03077%2F2.0-History-Deans-DONALD-DAVID-1800x1200.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F32wtfPMO7HEC1TkU3R0qp9%2F90de914968fa34105ea16f77b8b03077%2F2.0-History-Deans-DONALD-DAVID-1800x1200.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>Donald K. David</p></h4><div class="hbs-timeline-event__dek"><p>MBA 1919</p></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1919</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1942</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Wallace Brett Donham, Dean, 1919-1942" width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F2q3oIk0gp9fgrotjN4wZWW%2F2a50ff6bede0089e2753f713f875dd90%2F2.0-History-Deans-WALLACE-DONHAM-1800x1200.jpg" srcSet="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,w_600,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F2q3oIk0gp9fgrotjN4wZWW%2F2a50ff6bede0089e2753f713f875dd90%2F2.0-History-Deans-WALLACE-DONHAM-1800x1200.jpg 600w, https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F2q3oIk0gp9fgrotjN4wZWW%2F2a50ff6bede0089e2753f713f875dd90%2F2.0-History-Deans-WALLACE-DONHAM-1800x1200.jpg" sizes="(max-width: 600px) 600px" fetchpriority="low" style="aspect-ratio:3/2;object-fit:cover;object-position:center center"/></span></figure></div><div class="hbs-timeline-event__text"><h4 class="hbs-timeline-event__title"><p>Wallace Brett Donham</p></h4><div class="hbs-timeline-event__dek"></div></div></div></div></div><div class="hbs-timeline-event-wrapper" data-region="cb__timeline-event"><div class="hbs-timeline-event"><h3 class="hbs-timeline-event__date"><div class="hbs-timeline-event__single-date"><span class="hbs-timeline-event__date-year">1908</span></div><div class="hbs-timeline-event__single-date"><span class="hbs-global-visually-hidden"> to </span><span class="hbs-timeline-event__date-year">1919</span></div></h3><div class="hbs-timeline-event__content"><div class="hbs-timeline-event__media"><figure class="hbs-media-asset hbs-media-asset--image hbs-media-asset--loaded"><span class="hbs-media-asset__wrapper"><img alt="Edwin Francis Gay, Dean, 1908–1919" width="1800" height="auto" loading="lazy" src="https://cloudinary.hbs.edu/hbsit/image/fetch/q_auto,c_fill,ar_3:2/f_webp/https%3A%2F%2Fimages.ctfassets.net%2Fbeh2ph2tgbqk%2F7uzsWvw8tHR0389EiQBtlP%2Fef57311de3936d920f8531b4726b0478%2F2.0-History-Deans-EDWIN-GAY-1800x1200.jpg" 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Business School: Welcome. I am delighted to be here with you on this joyous day. I speak on behalf of the entire HBS community when I say to our graduating students and Alumni Achievement Award recipients: Congratulations and well done!","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Before we begin, I would like to ask our students to thank the many people who have supported you and made you who you are today. Mothers and fathers, sisters and brothers, husbands and wives and partners and children, classmates and friends: They had your back. So please, stand up and turn around. Take a moment now to show everyone gathered here today how much their love mattered to you, and how much they mean to you. Please join me in a heartfelt round of applause.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"I’ve had the privilege of watching many classes walk across this stage. Each class is truly memorable—distinguished by some special aspect of their time here on campus.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"When I consider you, the Class of 2024, I will remember your efforts to sustain community and build understanding at a very difficult time in the world. Some of you have been deeply affected by the October 7 attacks and disturbing acts of antisemitism globally in the months since. Some of you have been deeply affected by the war between Israel and Hamas and the humanitarian crisis and death toll in Gaza that has ensued. At a time when our campus could have been badly divided, you instead sought ways to develop empathy and preserve the ties that make this community so special. You also came together to learn. As a result, I was honored to recognize the key leaders of two student clubs, the Jewish Student Association and the Middle East and North Africa Club, with Dean’s Awards yesterday. Whatever you were managing individually, collectively, you—and they—supported those who needed help. As Desiree Rogers said yesterday, you don’t need to wait to become a leader, to lead. You demonstrated that beautifully during your time at HBS. I know this was not easy and I am grateful.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"I also think about the time when you began the MBA program, in Fall 2022. Matt Weinzierl and Mitch Weiss, our faculty chairs, introduced a phrase that they hoped would provide an easy shorthand of our expectations and aspirations for you. They put it on banners, which we hung on your Aldrich classroom walls: ","marks":[],"data":{}},{"nodeType":"text","value":"Hard Work, with Humility, for Humanity","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":".","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Today, I ask you to join me in reflecting on these words one more time—how they have influenced your time at Harvard Business School and how they might continue to provide guidance as you begin the next phase of your professional life.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Let’s start by looking back.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"I see hard work, with humility, for humanity as the human dimensions that bring to life our mission of “","marks":[],"data":{}},{"nodeType":"text","value":"educating leaders who make a difference in the world.","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":"” “","marks":[],"data":{}},{"nodeType":"text","value":"Educating leaders","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":"” requires ","marks":[],"data":{}},{"nodeType":"text","value":"humility","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":": we cannot educate unless you have a learning mindset, and you cannot have a learning mindset unless you have humility. “","marks":[],"data":{}},{"nodeType":"text","value":"Making a difference","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":"” is not easy; it requires hard work. “","marks":[],"data":{}},{"nodeType":"text","value":"In the world","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":"” means “for humanity”—changing people’s lives, and society more generally, for the better.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"We hope your time at Harvard Business School has increased your capacity for and appreciation of ","marks":[],"data":{}},{"nodeType":"text","value":"hard work","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":". Your memories of your MBA experience undoubtedly include late nights as you prepared cases, polished presentations, wrote papers, or completed team projects. Although some people may be born with a solid work ethic, most of us learn it, and we do so by striving to meet high standards consistently. I know many of you occasionally wondered “Can I do this?” during your first semester. Your presence here today is proof that persistence and resilience—attributes that will be important throughout your life—have served you well.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"We hope your classroom experiences have increased your ability to feel and demonstrate ","marks":[],"data":{}},{"nodeType":"text","value":"humility","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":". The case method is especially helpful in this regard: it teaches you ","marks":[],"data":{}},{"nodeType":"text","value":"how","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":" to think, not ","marks":[],"data":{}},{"nodeType":"text","value":"what","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":" to think. It educates for judgment by reminding us, each day, how much we ","marks":[],"data":{}},{"nodeType":"text","value":"don’t","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":" know. I believe the most important lesson the case method teaches is this: in most situations, the surest route to being an effective leader is to be the one who listens intently, exhibits curiosity, and remains open to arguments that might change your point of view. These behaviors all require humility.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"We hope that during your time as students, you’ve become more aware of how management decisions impact ","marks":[],"data":{}},{"nodeType":"text","value":"humanity","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":". As managers and leaders, we serve a constellation of stakeholders, including customers, employees, investors, and suppliers. Part of the challenge of being a manager is handling the competing priorities among these groups. As you have heard me say before, I believe business is a powerful force for good in society—lifting millions of people out of poverty and providing valuable products and services that have improved standards of living around the world. Across all your courses, you’ve had to consider how you, too, can be a leader who serves humanity.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"In your final moments as students at Harvard Business School, I now ask you to look forward and consider how you will instill ","marks":[],"data":{}},{"nodeType":"text","value":"Hard Work, with Humility, for Humanity","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":" in the organizations you will lead.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"How do you get an organization to embrace hard work? Some leaders do it by setting a pace themselves and hoping others race to match it. Some leaders do it by focusing on culture—hiring the right people, celebrating certain behaviors, and establishing norms that communicate “this is the way we do things.” Some leaders do it by relying on incentives. As you think about the best way to ensure your team or organization is working hard, I’d urge you to consider which methods scale well in the modern workplace, and which will not.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Let me give you an example. We used to talk about “managing by walking around.” This informal way of managing through observation and casual interaction relied on a simple premise: that workers were physically together and in an office. Workforces today, though, can be remote or hybrid, and many are global, making this approach infeasible and ineffective.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Leading in this environment requires more reliance on culture and trust. Managers will need to make employees feel empowered and supported. Managers will need to ensure workers are using the new capabilities of AI to leverage their capabilities and expertise. And managers will need to build teams in which people are judged on the outcomes and outputs of their work, rather than whether they appear busy.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Of course, managers also must be attentive to new downsides, including the risk of burnout—ensuring that employees aren’t working too much, and that even in a performance-driven culture that emphasizes hard work, they maintain time for activities that will ensure a healthy personal and professional balance. This is true for you as well.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"When I think of leaders who have energized an organization to embrace hard work, I think of two of our alumni leaders at JP Morgan Chase: Jamie Dimon and Mary Erdoes. There is no question that, even against the standards of Wall Street, people at this organization work extremely hard, and that’s by design: Jamie and Mary are unapologetic about the reality that success in their industry requires it. Yet both also spend many hours mentoring subordinates, setting the next generation of leaders up for success. And they each display deep devotion to their families and are active in their communities. As you think about how you as a leader will instill hard work in your organization, there’s much you can learn from Jamie and Mary.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Next, how do you get an organization to behave with ","marks":[],"data":{}},{"nodeType":"text","value":"humility","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":"?","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"You do it by emphasizing that even successful organizations rarely know all the answers. You do it by recognizing that the strategies that made you successful in the past won’t guarantee success in the future. You do it by creating an organization that’s hungry to learn, that invests in innovation to find new answers to old problems, and that is open to ideas and input from everyone on the team, no matter their rank or status.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Although some may not immediately associate Harvard Business School as an exemplar of humility, everything we do is rooted in that quality. In our classrooms, we encourage students to talk more than the faculty. Our research is done out in the field, and predicated on observing innovative practices and learning from real-life managers. And although we will always be proud of the methods we’ve used to teach students for more than a century, we remain open to completely new ways of teaching and learning—an openness that’s allowed innovations such as HBS Online and the FIELD program over the last decade, and that’s enabled us to embrace the promise of AI to enhance rather than diminish teaching and learning.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"When I think of leaders who have imbued a large organization with a sense of humility, I think of Warren Buffett. His annual shareholder letters are self-effacing, often reflecting on his poor decisions instead of his successes. The important lesson is this: leaders and organizations will make mistakes, and it is humility that allows them to learn from them.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"In his personal life, Buffett remains a model of humility. Despite his wealth and fame, he has lived in the same modest Omaha home for nearly 70 years, drives a 10-year-old car, and generally shuns the limelight. Erik Roberts advised you eloquently yesterday to be generous. Buffett has been a true model of generosity, too. Together with Bill and Melinda French Gates, he founded The Giving Pledge, encouraging the world’s wealthiest individuals and families to dedicate the majority of their wealth to philanthropic causes to tackle the world’s most pressing problems.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Finally, how do you get an organization to show concern for humanity?","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"You do it by emphasizing the organization’s larger purpose and mission. You do it by holding everyone to high ethical standards. You do it by treating employees with honesty and respect. You do it by focusing on your customers, by making sure that in every decision, you are thinking of how they will be affected by what you do. You do it by taking actions that increase the trust that society places on your business.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"I would also urge you to focus on a core principle of design thinking, which is “and” rather than “or” thinking—in other words, searching expansively for creative and novel solutions rather than reflexively choosing among either/or decisions.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"“And” thinking will allow you to build organizations that serve humanity ","marks":[],"data":{}},{"nodeType":"text","value":"and","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":" operate profitably—in the words of our first Dean, Edwin Gay, organizations that make “a decent profit, decently.” “And” thinking will allow you to embrace technology ","marks":[],"data":{}},{"nodeType":"text","value":"and","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":" do good for humanity. This is what our alum Stephane Bancel, CEO of Moderna, did during COVID when he developed a platform that helped quickly identify the best ways of making a vaccine and is now using a similar approach to treat cancer. Another alum, Sal Khan, who launched Khan Academy, used AI to create a tutorbot for millions of children who do not have the opportunity or privilege of getting help when they need it and would otherwise be left behind.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Of course, we must also avoid the downsides of technology and its negative effects, including bias, privacy, jobs, and security. But I believe organizations can reap the benefits of technology ","marks":[],"data":{}},{"nodeType":"text","value":"and","marks":[{"type":"italic"}],"data":{}},{"nodeType":"text","value":" help humanity.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Stephane and Sal are vivid examples of how hard work with humility for humanity can make a difference in the world. Barely two decades ago, they sat where you sit today. I am sure neither knew at that time what the future would bring. But I am also certain they left this institution believing in the power of business and organizations to transform lives. This is true of you as well.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Today, in the face of challenges such as climate change, social and economic inequality, political partisanship, and geopolitical polarization, we need to build resilient organizations for the long term. We need leaders like you who can imbue the values of hard work, humility, and humanity as necessary foundations for such organizations.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"There are no better exemplars of hard work with humility for humanity than the five recipients of this year’s alumni achievement award—Peter Crisp, John Hess, Desirée Rogers, Gerald Schwartz, and Gwill York—who we will celebrate in just a moment.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Harvard Business School was founded in 1908 in response, at least in part, to a question put to Harvard’s president amid tumultuous times in a challenging world: “Can Harvard University do anything of a systemic sort to provide from year to year a few young [people] who grow into leaders wanted?” Today, 116 years later, our purpose—our reason for being—remains to train the hard working and humble leaders that the world needs.","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Let me end my commencement address by returning to what I said when I first welcomed you to campus in Fall 2022. 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They now have had an opportunity to identify and prioritize the issues they expect to understand and address (see below); to identify how they might engage members of our community, whether on the working groups, through focus groups and conversations, or by providing opportunities for education; and to think about timelines for their efforts that may vary within and across groups based on considerations like our calendar, complexity, and a range of other factors. These plans complement other work done over the break—including in the MBA Program, for example, to incorporate lessons from the fall in equipping students and faculty for discussions that increase learning and deepen understanding in our classrooms in this new term.\r\n\r\nLet me repeat what I have said before: as grateful as I am to the chairs and members of these working groups, ensuring that we live our community values will require that we all find ways to learn from, contribute to, or engage in this work.\r\n\r\nWe’ve set up a Working Together ","marks":[],"data":{}},{"nodeType":"hyperlink","data":{"uri":"mailto:workingtogether@hbs.edu"},"content":[{"nodeType":"text","value":"email","marks":[],"data":{}}]},{"nodeType":"text","value":" that the working groups will use for future outreach and where you can share ideas and feedback. 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Additionally, we will assemble educational materials and orchestrate a set of sessions, adapted to meet the needs of different audiences at the School. And, the group will explore ways to develop our own educational content about antisemitism and how best to incorporate it into our pedagogy. Our aim is to formulate content and learning vehicles that endure, so that HBS community members understand the insidious history of antisemitism and feel equipped to recognize and combat antisemitism and hatred more broadly. We will also examine episodes at the School that have elicited concerns among Jewish community members so as to learn how policies and practices might be improved to create a more informed and inclusive culture. \r","marks":[],"data":{}}]},{"nodeType":"paragraph","data":{},"content":[{"nodeType":"text","value":"Islamophobia \u0026 Anti-Arabism Working Group ","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":"\r\nThis working group has three primary goals: to better understand how we can make HBS supportive and inclusive for Arab and Muslim members of our community, to work with key partners at the School to implement impactful actions, and to create enduring and thoughtful education opportunities for the HBS community. We will conduct focus groups and one-on-one conversations with students, staff, and faculty, as well as young alums, throughout the semester to learn first-hand about their experiences and recommendations. We are particularly grateful to students and staff who are partnering with us in this important work. We understand that Arab and Muslim individuals at HBS often feel stereotyped and fear being targeted, whether in direct or covert ways. Understanding and education are critical to overcoming these stereotypes, tropes, and misconceptions. Our goal is to develop learning opportunities for members of our community, both inside and outside the classroom, to improve understanding and eliminate hate.\r\n\r\nThe Antisemitism and Islamophobia \u0026 Anti-Arabism working groups will work together to create stronger foundations for understanding and cooperation between Arab, Muslim, and Jewish members of our community for a better present and future. \r\n\r\n","marks":[],"data":{}},{"nodeType":"text","value":"Classroom Culture \u0026 Norms Working Group","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":"\r\nWe are working to fine-tune the School’s practices for helping students develop and adhere to shared norms for engaging in respectful, productive dialogue in the classroom and beyond, with the aim of strengthening these practices and ensuring that the norms remain helpful in times of extraordinary stress. In doing so, we anticipate learning from and sharing best practices across the School’s academic programs. As our work unfolds, we look forward to connecting with a number of section chairs, administrators, and student leaders, as well as other experts who can help broaden our perspective and provide input on our efforts.\r\n\r\n","marks":[],"data":{}},{"nodeType":"text","value":"Free Speech \u0026 Community Values Working Group","marks":[{"type":"bold"}],"data":{}},{"nodeType":"text","value":"\r\nThe group’s work will involve clarifying the relationship between free speech, academic freedom, and community values. A subset of the group has already reviewed the School’s demonstration policies with an eye toward re-stating the forms of protest allowable at HBS and the responsibilities demonstrators must fulfill. 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