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- Faculty Publications (44)
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- All HBS Web (145)
- Faculty Publications (44)
- 25 Aug 2003
- Research & Ideas
Why IT Does Matter
fuzzy logic, and you have the makings of Nicholas Carr's article. Carr's examples of railroads and electric power played out over eighty years, (not forty, as he suggests), turning society, business organizations, and lifestyles inside...
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by F. Warren McFarlan & Richard L. Nolan
- 17 Dec 2008
- Lessons from the Classroom
‘Ted Levitt Changed My Life’
later: "What business are you really in?" "An industry begins with the customer and his or her needs, not with a patent, a raw material, or a selling skill," wrote Levitt, citing the railroads as one example of a...
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- 15 Jun 2007
- Research & Ideas
Remembering Alfred Chandler
Orleans. I was sitting in an audience listening to Al, when suddenly he referred to railroad shippers and their position on the 1906 legislation. I was stunned—it was my work! I went up afterward, introduced myself to Al, and said that I...
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by Sean Silverthorne
- 22 Feb 2022
- News
New Urban Order
manufacturers ready to build the electric trucks to incorporate that tech, as well as a scalable market strategy. That strategy depends on TuSimple’s Autonomous Freight Network, the world’s first, which Lu likens to a railroad network of...
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Kathleen Fu, Deborah Blagg, Julia Hanna, and Maureen Harmon; illustrations by;
energy;
environment;
sustainability;
entrepreneurship;
Transit and Ground Passenger Transportation;
Transportation;
Water, Sewage and Supply Systems;
Utilities;
Construction of Buildings;
Construction;
Waste Management and Remediation Services;
Corporate Services
Carl R. Gray
Under Gray’s direction, Union Pacific Railroad became one of the few railroads in the nation to pay dividends on common stock during the Depression. During this time period, Gray also became a pioneer in the...
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Transportation
- 01 Sep 2011
- News
Rolling Stock in Baker Exhibit
Railroads and the Transformation of Capitalism, an exhibit in the Baker Library | Bloomberg Center, confirms there is still much to learn about railroads, whose scale and complexity spawned modern business’s management model. Recent...
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Frederick D. Underwood
When Underwood took over management of the Erie Railroad in 1901, it was barely surviving. Though its owner, JP Morgan had brought the company’s debt within a manageable range, the road itself had suffered much deterioration. Undertaking...
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Transportation
Jacob H. Schiff
Originally trained in brokerage under his father’s tutelage, Schiff joined Kuhn, Loeb and Company at a time when the firm was seeking to exit the shadow of JP Morgan. Under Schiff’s leadership, Kuhn, Loeb and Company was able to rival JP Morgan in the View Details
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Finance
Martin W. Clement
When Clement took the helm at Pennsylvania Railroad in 1935, the largest railway network in the world, operating revenues were $368 million. Clement grew revenues to a peak of over $1 billion in 1944. One of Clement’s major achievements,...
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Transportation
- 01 Oct 2002
- News
All Aboard
Railroad management used to be a hot topic at HBS, but that was a few decades before David Gunn (MBA '64) arrived at Soldiers Field. Too bad, because Gunn is a modern incarnation of the quintessential View Details
Chandler’s Legacies
I was delighted to have the opportunity to visit HBS as the 2019 Alfred D. Chandler Jr. International Visiting Scholar. Alfred Chandler Jr has played a very important role in my academic life. The first time I read the railroad chapters...
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Robert R. Young
bonds in foreclosure, launching a fight that took years to settle. Young, however, came out on top and was vindicated when the SEC formally instituted a competitive bidding requirement for all bond issuances. The C&O railroad itself,...
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Transportation
Louis W. Hill
Hill continued his father’s mission as a railroad builder. While an officer for the company, he expanded the railroad’s mileage from 6,489 to 8,387 miles and made many improvements in operations.
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Transportation
Carl E. Wickman
In 1926, with a colleague named Orville Caesar, he formed the holding company that would eventually become Greyhound. Wickman, seeing that an increased bus transportation system was beneficial to both bus companies and the seemingly competitive View Details
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Transportation
Henry B. Spencer
business by leasing its assets out to other railroad companies. Under Spencer’s guidance, Fruit Growers’ sales grew from over $6 million in 1920 to almost $35 million in 1948.
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Agriculture & Mining
James Stillman
Benefiting from his close ties to William Rockefeller and “the Rockefeller crowd,” Stillman was able to not only grow National City’s commercial banking business, but also to expand operations into the investment banking arena. Under Stillman’s leadership, National...
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Finance
James A. Farrell
While head of United States Steel, Farrell increased the steel output of the company from 6 million tons to 29 million tons. Upon his retirement, United States Steel owned over 1 million acres of coal and coke properties, 25 railroad...
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Metals
Samuel Spencer
Spencer was the first president of the Southern Railway System, which was formed by the consolidation of the Richmond and Danville Railroad and the East Tennessee, Virginia and Georgia Railroad. During his tenure, the mileage of the...
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Transportation
Frederick H. Prince
After making a great deal of money investing in industrial ventures, Prince took an interest in stockyards, purchasing and organizing a group of small companies into the Chicago Stock Yards Company. Prince's company grew to have many assets, including hundreds of miles...
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Food & Tobacco
- 01 Mar 2011
- News
Making Their Way
Michael, another son, plans to attend upcoming programs. Concludes Chirchirillo, “With a strong team coming along for the future, and with over 50 percent return on equity and 17 percent increase in sales in 2010, I think we are moving in the right direction.” Michael...
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