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- Also in 1986:
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- New campus master plan by architect Moshe Safdie calls for reorientation of campus (to reflect impact of automobile), while protecting original campus plan
- Class of '61 raises a record $2.75 million reunion gift; establishes the Class of 1961 Visiting Professorship in Entrepreneurship
- Faculty votes to change name of "Business Policy" to "Competition and Strategy," reflecting concept and content of course
- Paul Judy and Richard Jenrette (both MBA '57) lead successful drive to raise $1.5 million for the "Charles M. Williams Fund," promoting excellence in teaching
- A renovated Glass Hall reopens as executive education headquarters
- AMP is shortened from 13 to 11 weeks
- C. D. Spangler (MBA '56) is named president of University of North Carolina
- Charles Anderson and Robert Anthony (both MBA '40) publish The New Corporate Directors
- Charles Savage, Jr. (DBA '62) and George Lombard publish Sons of the Machine
- Class of '55 establishes the Dimitri V. d'Arbeloff-Class of 1955 Chair, honoring classmate and high-tech entrepreneur d'Arbeloff
- Contributions to HBS Fund reach $12.5 million
- Division of Research is reorganized; a team of four faculty "directors" is named to succeed retiring research head Ray Corey
- Entering first-year students are encouraged to purchase new IBM PC "convertible," to be used in classroom and in some exams
- George Dively (MBA '29) endows the Dively Award for the most outstanding doctoral student in the third year
- George Lodge and Ezra Vogel (of Harvard's Sociology department) host colloquium on comparative ideology
- HBS Clubs are established in Fort Worth, Charlotte, and San Antonio
- Harbus, student newspaper, celebrates 50th anniversary
- Harvard celebrates its 350th anniversary
- In spring, new MIS course is introduced into required curriculum
- Investment banking attracts 29% of Class of '86, consulting 18%, and real estate 8%
- James Austin and Gustavo Esteva publish Food Policy
- James Heskett publishes Managing in the Service Economy
- Jay Lorsch publishes Handbook of Organizational Behavior
- John Cady and Robert Buzzell publish Strategic Marketing
- Joseph Auerbach and Samuel Hayes III publish Investment Banking and Diligence
- Joseph Bower publishes When Markets Quake
- Ken Andrews, editor of HBR since 1979, steps down; is succeeded by Ted Levitt
- Kim Clark, Robert Hayes, and Christopher Lorenz publish The Uneasy Alliance
- Management Policy and Practice -- a 2nd-year required course designed to succeed Business Policy II -- is first offered
- Michael Porter publishes Competition in Global Industries
- Michael Yoshino and Thomas Lifson publish The Invisible Link
- Ramchandran Jaikumar publishes "Post-Industrial Manufacturing" in HBR; subsequently wins American Society of Mechanical Engineers' Taylor Medal
- Ray Vernon and Vernon Alden (MBA '50) are awarded Japan's Order of the Rising Sun for promoting understanding between Japan and the U.S.
- Rene McPherson (MBA '52) establishes the Nancy R. McPherson Professorship in honor of his wife; Regina Herzlinger is named first incumbent
- Richard Hamermesh publishes Making Strategy Work
- Richard Rosenbloom publishes Research on Technological Innovation, Management and Policy
- Scott Mason takes leave to work with Bass Companies on proprietary trading strategies
- Thomas McCraw publishes America Versus Japan
- Tuition reaches $11,900
- William Fruhan publishes Revitalizing Businesses
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