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1932
on the timeline
Topics:
Administration
Related Links:
1930s
Also in 1932:
Average starting salaries drop from $1,750 to $1,450
Donham calls for a "new type of business executive," who understands the "complex organism [of] civilzation"
HBS experiences a 36% drop in applications and a 13% decline in enrollments
"Service Scholarship" program is created to provide opportunities for HBS students to work on campus
Elton Mayo publishes The Human Problems of Industrial Civilization, publicizing Hawthorne experiments for the first time
Fatigue Lab researchers conduct heat-prostration research at Boulder Dam
Key to Topic Colors:
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Timeline: 1932
HBS operating budget is cut to $840,00, or approximately $125,000 below normal; remains at that level for five years
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