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- 01 Oct 1997
- News
William K.L. Fung
told my father that I didn't want to be in a family company," says Fung with a chuckle. The elder Fung challenged his son to use his HBS skills to breathe new life into the trading company, founded by Fung's grandfather in Canton, China,...
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Alejandro Reyes
- 01 Mar 2007
- News
Courting the Poor
procedure for credit approval, using nontraditional metrics to enable customers with lower, less easily established incomes (a pushcart vendor, for example) to make purchases. “Their loan repayment rates are the envy of the world, and the...
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- 17 Mar 2015
- News
The First Five Years: Adam Enbar (MBA 2010)
computing, what would you say?’ “The purpose of technology is to help people solve problems. In the same way that poetry is more about symbol and metaphor than grammar and spelling, technology is more about understanding and connecting to people than defining...
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- 01 Sep 2007
- News
Riding It Out
chaos, damage to customer relations, and harm to the brand that swirl around any product recall. Nope. By five o’clock that afternoon, the SmartPak customers who had purchased the batch of the product in question had received either a phone call or an e-mail that...
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- 01 Jun 2024
- News
Crash Pad
blocky, mid-20th-century towers that represent the toughest cases. In the decades after World War II, as air-conditioning and fluorescent lighting became standard, floor plates grew to proportions that would accommodate trading floors and...
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- 25 Jul 2012
- News
Movie Magic
swipe of a credit card. “Automated retail sounds better,” suggests Gregg Kaplan (MBA 1997). Recruited by McDonald’s to help start new businesses within the fast-food giant, in 2002 Kaplan oversaw the installation of six kiosks in...
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- 01 Jun 2006
- News
One-on-One with Tom Oreck
Katrina knocked out operations at the New Orleans headquarters and the Long Beach plant, pushing the business to the brink. Advanced planning saved vital data and operations, but Oreck credits employees with actually saving the company....
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- 14 Jan 2014
- News
Spreading the Seeds of Entrepreneurship
each day Provides 2 high school credits Uses area businesses as classrooms Visits dozens of area businesses each year Hosts 50 to 60 guest speakers each year Provides an opportunity for each student to start his/her own business Provides...
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- 01 Jun 1999
- News
Where Main Street Meets Wall Street
from the 1950s to 1960s (an era that Light identifies as the "first burst" of success for the mutual fund). During those years, Dwight P. Robinson, Jr. (MBA '25) led the Massachusetts Investors Trust, the Boston firm credited with...
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Garry Emmons
- 01 Dec 2010
- News
How to Survive Past Start-up
stories of playing shell games with credit cards, using one to pay off another when the money wasn’t coming in. Where successful entrepreneurs were able to execute, though, it seemed to include a combination of two things: first,...
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- 01 Mar 2009
- News
Buddy, Can You Spare a Trillion
historic emergence of credit and debt was as important in the rise of civilization as technological invention. In the excerpt that follows, he explains the recently developed symbiotic financial relationship between the United States and...
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- 01 Jun 1997
- News
Sorting Myth from Reality at Hong Kong Conference
continuity. "A smooth transition will be accomplished," the veteran government official vowed. Hui noted that the long-term future looks bright as well: trade with the mainland, now Hong Kong's biggest View Details
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Alejandro Reyes
- 01 Dec 2000
- News
Vivek Ranadivé
emotional difficulty of attending the faraway university, Ranadivé persevered, and in 1975 he arrived in Cambridge with fifty dollars in his pocket. He credits his parents for their support of his plans. "My family comes from a tradition...
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- 01 Dec 2018
- News
Democratizing Funding, Diversifying Funders
company like Roomi launches on the crowdfunding platform Republic, all of a sudden anyone with some spare cash can ride the highs and lows of its future performance. Until recently, the only way in for mom-and-pop investors was to wait for the first offering of a...
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Sasha Issenberg
- 01 Jun 2011
- News
Alumni Books
economic shocks, corporate scandals, international competition, or technological disruptions. Zero-Sum Game: The Rise of the World’s Largest Derivatives Exchange by Erika S. Olson (MBA ’03) (Wiley) Olson, a former managing director at the Chicago Board of View Details
- 01 Jun 2010
- News
$how Me the Money
actors. “The richest countries are the biggest promoters of lawlessness in international trade and finance,” Baker writes in his 2005 book, Capitalism’s Achilles Heel. “In a process that parades as agreeable enterprise illegal money...
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- 01 Dec 2008
- News
Seth Klarman
earning Klarman entry into the Alpha magazine Hedge Fund Hall of Fame. The firm has grown from 3 to 100 employees. A consummate team player, Klarman rarely uses his private office, choosing instead to sit at the trading desk where he...
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- 01 Jun 2016
- News
How Do We Win the Cyberwar?
Your credit card has already been stolen. You just don’t know it yet. Thomas knows it, though. (A 12-year IT security veteran, Thomas requested anonymity to protect the reputation of his employers, which have included Fortune 100...
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Dan Morrell; illustrations by Victo Ngai
- 01 Jun 2024
- News
Action Plan: Role-Play
When you encounter the phrase private investigator, chances are good the character you conjure up in your mind doesn’t resemble Sarah Carson (MBA 1971). So much the better for Carson, whose work has often required convincing people she was a small-business employee...
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- 25 Aug 2022
- News
The Exchange: The Road Ahead for Crypto
people have all agreed that it has value. Dollars, or other established fiat currencies, are useful because lots of people are willing to exchange them for goods and services. Which means that if you’re holding a dollar, you’re pretty certain you can View Details