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- Also in 1954:
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- A new 16-month "Middle Management Program" for executives with 10-15 years' experience begins in January; later evolves into Program for Management Development and General Management Program.
- The faculty votes to join Radcliffe College in offering a one-year "Management Training Program" for women at Radcliffe.
- With Ford Foundation support, HBS creates a Summer Case Writing Seminar for deans and professors from other schools; continues through 1965
- "Advanced Management Program in Hawaii" is launched by Myles Mace in response to requests from local business leaders
- Fall entering class is first to take "Admission Test for Graduate Study in Business," although HBS doesn't intend to "rely heavily on test performance as a basis for acceptance"
- HBS Fund receives contributions totaling $141,664: up 36.9% over previous year
- HBS endowment exceeds $10 million
- Lynn Bollinger and John Day publish Management of New Enterprises
- Paul Lawrence publishes "How to Deal with Resistance to Change" in HBR; later considered a classic
- Wilbur England joins marketing faculty after 20 years in business
- Williston Professorship, honoring stock broker James Williston, is established; George Bates is named first incumbent
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