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- Also in 1974:
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- Entering class includes 104 women (up from 27 in 1969)
- HBS Clubs established in Finland, Indonesia, Madrid, Ireland, and the Midland of the U.K., bringing international total to 25
- MBA applications rise 10%; third straight year of increase after '70-'71 recession; yield rises to 81% (versus 67% in 1969)
- Bill Abernathy and Kenneth Wayne publish "Limits of the Learning Curve" in HBR
- Fouraker reports a "trend toward finance and commercial banking" among graduating students, due to economic uncertainties
- George Lodge publishes "Business and the Changing Society" in HBR; subsequently wins McKinsey Award
- James Heskett wins award from National Council of Physical Distribution Management for "distinguished contribution to physical distribution"
- John Lintner is elected president of American Finance Association
- Paul Lawrence and John Kotter publish Mayors in Action
- Ray Goldberg publishes Agribusiness Management for Developing Countries
- Richard Rosenbloom spends year at Hebrew University and helps found Jerusalem Institute of Management
- Robert Livernash publishes Grievance Initiation and Resolution
- Robert Livernash serves one year as president of Iran Center for Management Studies (ICMS); receives honorary doctorate and has building named for him
- Thomas Raymond begins teaching Business in American Life at Harvard College, introducing undergraduates to business
- Walter Frese receives the General Accounting Office Award for Public Service from the Comptroller General
- Warren Law leads faculty group in "reviewing, renewing, and teaching" PMD
- Wilson Professorship, honoring entrepreneur Joseph Wilson, is established; Raymond Bauer is named first incumbent
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