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- New "Division of International Activities" is created in March, to oversee Turkish and Indian efforts (as well as other global relationships); headed by Harry Hansen
- 3 HBS faculty members visit Central America at request of US Agency for International Development to explore training needs there
- Baker worries that HBS is too dependent on "soft money"
- C. Roland Christensen is named first George F. Baker, Jr. Professor of Business Administration, recognizing his work in the policy field
- Dan Smith serves as president of the Tax Institute of America
- David Hawkins wins Newcomen Society Award for his Business History Review article on development of modern financial reporting practices
- Educating Tomorrow's Managers, a bequest-oriented publication, is mailed to seven pilot classes and generates 28 bequests to HBS
- Entering class of 680 includes first 7 female first-years
- Faculty votes to extend PMD for several more years
- First-year students participate in first run of the "Business Game," a dynamic case series created by James McKenney
- Ford Foundation makes major grant ($200,000 per year for 5 years) in (partial) support of HBS research in organizational behavior
- George F. Baker, Jr., Professorship is established
- Gund Professorship of Economics and Business Administration, honoring banker George Gund and linking HBS and Harvard College, is established
- HBS hosts a business policy conference which helps disseminate the "SWOT" (strengths, weaknesses, opportunities, threats) framework
- Intercollegiate Case Clearing House sells $107,000 worth of mimeographed cases; approaches break-even point
- Laurence Kipp is named head librarian at Baker Library
- Ralph Hidy becomes editor of Harvard Studies in Business History
- Richard Vancil publishes The Leasing of Industrial Equipment
- School moves from a two-term to a three-term calendar as one result of the "Planning for Change" debates
- Walker Professorship, honoring HBS Professor Ross Walker, is established
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- Institutional Growth & Lifestyle
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