Harvard Business School - Yearbook (Boston, MA)

Page 19 text:

It is a mistake to consider the subdivisions of the first year work as separate courses. They are all phases of one course , the Elements of Administration. There is no area labelled Marketing-Production men do not enter , or Administrative Practices only! . There is, rather, the business enterprise, a dynamic activity, the complex problems of which must be met with effective understanding and action. Our real study of the first year was the business situation. The case method, probably the single most important characteristic of the Business School, is the study of the business situation. There were no dogmatic principles to be memorized, no pedantics, no posted set of rules to follow. Our teacher was experience - the experience of hundreds of organizations, of thousands of men - gathered for us through case research. fLeft to Rightj Seated: George Kozmefrky, A.B., M.B.A.,' Izlrrlrlrrlor in B11,ri1ze.r.r Admin- i.fl1'11!f021. Herbert Frenz Slewarfz, MA., M.B,A,,' A.l'Jj,ffdl1f Profermr of Izldlzrlrial Mmzagemezzl. Charley lnrvo Gmgg, A.B., D.C.S'.,' Profeipmr of Bl1.fi11eJ.r Adnlizzirlraliorz. Cbnrler Marvin lViIliami', A.B., M.B.A.,' A.fJi.i'lanl Prafermr of Fizmzzre. Standing: Edward Robert Barlow, A.B., M.B,A.,' Anirfamf Proferfor of BllJ'jl16'J.l' AdI?1jIIi5fl'dlf0lI. Albert Howard Drum, A.B., M.B.A.,' Irzrfrlzcfor' in B1x.ri11ei1r Adnzizzirlrafiorl. Kemzefb Rirbmond Ar2d2'61UJ, Pb.D.,' Auirfafzf Profermr of BllJ'ilI6.f.f Adl1lflIi.l'fl'dfi0lI. IKIIIIEI Leflie Rollim, A.B.,' AJ.l'fJ'1r171l Dean.

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The most important asset of any cor- poration is its know-how - its ability to make buildings, machinery, and man- power turn out a marketable product. A business school's know-how is its fac- ulty and administration. Here are the men who teach the courses, formulate the ideas, perform the research, and do the jobs that keep the school running. At the Business School, we are fortunate in having the foremost faculty and ad- ministration in the field of business edu- cation. Their ability, conditioned by a background of thirty years of experience in teaching and business, has made it pos- sible for us to receive an educational pro- gram considered by business leaders to be the finest in the country. This program consists of a one-year course in the Elements of Administration, and a second-year under specialists in many diverse courses constituting the com- plex and specialized fields of modern business. Surrounding these men are the administrators who strive to provide a more perfect framework for the teacher and the student to communicate with each other.

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fldmzlzi frrzfizffz PRODLICTIO Production is an operating course, at the operating level. Too often the busi- ness executive has inadequate understand- ing of the shop to make sound higher level decisions. Production meets this Heed. The objective was not to make skill- ed machine operators of us, for example, but to give us a sense of the feel of the factory. We studied the shop in the light of the restrictions imposed by the product, by the process, and by the labor force. Many of the techniques learned, methods study, time study, employee train- ing, and wage administration, to name but a few, are applicable not only to the factory but to other areas of business, such as large scale retailing. Production further seeks to bridge the gap between the technical and non-tech- nical man in the industry-between the engineer and the administrator-both of whom are essential to the industrial pro- cess. Fl'r1ll,f?H1I Erlou Folly, A.B.,, M,B.A,,' of I 11d11.rl rin! llfl!1ll!Ig6llll:'lIf . Pr0fe,i',rm 2 , i y M, liffiifkfil ' m rim u -.ag . ' - r .sift fLeft to Rightj: Henry Edizwrzl llymjle, B.5.C., M.B.A.,' 1IlJ'fl'llL'l0I' in Bll.l'jIIt?.f,f Admin- iflmtiml. Reber! llVfzl,ro11 Merry, AB., D.C.5..' A-li-l'04'jIIf? Pmferrgr of BM,-j,,g,f.f Adnliflixlmliozz, Herberl Frezlz Slellfrirl, MA., M.B.A.,' A.f.l'f.l'flIl1f Pl'0!6.l'.l'0I' of lmffnrlrinl Mfzmzgemeul. 'ffl .sm