Inc Case Study Business Review

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As the case method ramped up at Harvard, so too did the US economy and its corporate powers—until 1929.Following the stock market crash of that year, amid mass unemployment, falling prices, and economic instability, public opinion of corporations and their profit-seeking motives naturally soured.

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As the authors report, the school’s founding dean, Edwin Gay, had adapted the case study method pioneered at Harvard’s law school, of which Donham was an alumnus.

Under Gay, however, the school had struggled to find problems as fodder for course lessons.

In Donham’s writing and correspondence, Todd Bridgman, a management professor at Victoria University of Wellington in New Zealand and lead author of “Restating The Case: How Revisiting the Development of the Case Method Can Help Us Think Differently About the Future of the Business School,” finds evidence that years after installing the case method, Donham sincerely believed it was too indifferent to larger societal ills, too insensitive to the labor market, and thus to economic prosperity and equality among workers.

During the Great Depression, “broad questions were suddenly being raised about the very future of capitalism,” says Bridgman.

(Whitehead instead offered his piece to magazine.) The dean also suggested that a third year be added to Harvard’s graduate program, a doctoral level year focused on the relationship between business and civilization.

But the tragedy of the Great Depression, while demonstrating the need for just this type of reflection, also meant Donham couldn’t secure financing for that third year.The case method, as a style of learning, asks students to imagine themselves in the role of the “protagonist” (typically the CEO) leading the firm profiled in the case.They’re required to come to class prepared to make a solid argument for one course of direction, and then convince their peers of it, with rhetorical flair.In slim booklets, the cases, of which there are tens of thousands, lay out the strategic questions facing a major corporation, like Amazon, GE, or Pepsi.The scenarios they describe are real, all ripped from the business pages.His support of hands-on training thus bolstered Donham’s approach to teaching business at a time when the academic community was questioning whether the school even belonged on its campus.However, the great thinker also worried about the era’s preoccupation with capital and material goods. Enright et al., “Daewoo and the Korean Chaebol,” University of Hong Kong case no. Even if you didn’t go to business school, you’ve probably heard of Harvard case studies and the Harvard case method, the pedagogical system of choice at one of the world’s most elite business schools.Rather than lecture, the professor facilitates a class-wide debate, cold calling on students to answer tough questions.Before graduating, Harvard Business School (HBS) students complete 500 of these “decision-forcing” exercises, which are thought to be superior tools for training future corporate leaders, compared with discussing skills and theory in the abstract.


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