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Diversity and Demographics
Also in 1962:
The faculty votes to accept women (creating a separate "pool" for female applicants); the Harvard-Radcliffe program is discontinued, and (in 1963) eight women are admitted as members of first-year class.
Transportation expert George P. Baker is named the School's 5th dean.
After a month back at HBS, Teele resigns (on March 20) for medical reasons; George P. Baker is named acting dean
First woman enrolls in AMP
William J. Cunningham, last surviving member of original HBS faculty, dies in June
With Harvard's permission, HBS enters into formal agreement in July to help develop an "Institute of Management" in Ahmedabad, India; effort is supported by a Ford Foundation grant and headed by Harry Hansen
"Harbus II," a computer simulation of business enterprise developed at HBS, is used in summer sessions cosponsored by HBS and Educational Testing Service with 50 executives; moved into AMP in '63
Associate Dean Russell Hassler resigns to become vice president of Hawaiian Electric Company
Associate Dean Vernon Alden resigns to accept presidency of Ohio University
Baker asks Marvin Bower (MBA '30) to head committee to study relations between alumni and HBS
Beginning in October, Baker leads tumultuous faculty discussion of the "Planning for Change" report and the Faculty Organization Committee's report
Benjamin Selekman dies while teaching AMP class
Chaffee Hall takes 2-year leave to serve as director of IMEDE
Charles Christenson takes leave to serve as Deputy for Management Systems with U.S. Air Force; later receives Exceptional Civilian Service Award
Donald T. Clark, Baker Librarian, resigns to take post at University of California, Santa Cruz
Due to relative lack of bequests to HBS -- up to this point, HBS has received only 12 bequests in its history -- the School's first formal bequest program is organized
Faculty votes to accept report of Committee on Faculty Organization, which recommends ceding certain powers to HBS programs and the creation of formal subject "Areas"
Financial retrenchments and faculty debates lead to decline in field-based research
Former Dean David begins effort to raise $1 million to "advance the leadership of the School"
George Lombard becomes Associate Dean for Educational Programs, in charge of staffing courses and monitoring faculty satisfaction
HBR reprints total 421,000 (up from 325,000 in 1957)
HBS endowment reaches $14 million -- up from $7.6 million in 1950 -- but income from endowment only covers 14% of HBS budget
HBS professors help Pakistan Institute of Management launch its Advanced Management Programme, modeled on HBS's AMP
In July and August, Howard Raiffa offers faculty program in basic mathematics for application to business
Library Policy Committee affirms mission of Baker Library, but calls for modernization of key processes
Myles Mace becomes first "Associate Dean for External Affairs"
New office for financial planning and control at HBS is created
Ray Vernon begins 4-year term as first director of Harvard's Development Advisory Service
Second-year "Seminar on Business Logistics" is first offered
Ted Levitt publishes Marketing
Visiting Committee membership is changed from indefinite to a six-year rotation
Key to Topic Colors:
Institutional Growth & Lifestyle
Educational or Instructional Methods/Materials
For the first time, an HRPBA/HBS woman graduates "with Distinction"
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