Ahead of the Curve: Two Years at Harvard Business School

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Penguin, 2008 - Biography & Autobiography - 283 pages
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As One L did for Harvard Law School, Ahead of the Curve does for Harvard Business School┬—providing an incisive student┬'s-eye view that pulls the veil away from this vaunted institution and probes the methods it uses to make its students into the elite of the business world

In the century since its founding, Harvard Business School has become the single most influential institution in global business. Twenty percent of the CEOs of Fortune 500 companies are HBS graduates, as are many of our savviest entrepreneurs (e.g., Michael Bloomberg) and canniest felons (e.g., Jeffrey Skilling). The top investment banks and brokerage houses routinely send their brightest young stars to HBS to groom them for future power. To these people and many others, a Harvard MBA is a golden ticket to the Olympian heights of American business.

In 2004, Philip Delves Broughton abandoned a post as Paris bureau chief of the London Daily Telegraph to join nine hundred other would-be tycoons on HBS┬'s plush campus. Over the next two years, he and his classmates would be inundated with the best┬—and the rest┬—of American business culture that HBS epitomizes. The core of the school┬'s curriculum is the ┬“case┬”┬—an analysis of a real business situation from which the students must, with a professor┬'s guidance, tease lessons. Delves Broughton studied more than five hundred cases and recounts the most revelatory ones here. He also learns the surprising pleasures of accounting, the allure of ┬“beta,┬” the ingenious chicanery of leveraging, and innumerable other hidden workings of the business world, all of which he limns with a wry clarity reminiscent of Liar┬'s Poker. He also exposes the less savory trappings of b-school culture, from the ┬“booze luge┬” to the pandemic obsession with PowerPoint to the specter of depression that stalks too many overburdened students. With acute and often uproarious candor, he assesses the school┬'s success at teaching the traits it extols as most important in business┬—leadership, decisiveness, ethical behavior, work/life balance.

Published during the one hundredth anniversary of Harvard Business School, Ahead of the Curve offers a richly detailed and revealing you-are-there account of the institution that has, for good or ill, made American business what it is today.
 

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Contents

Preface
1
chapter two Starting Over
31
chapter three A Place Apart
46
chapter four Riding the Booze Luge
52
chapter seven To Beta and Beyond
93
chapter eight The Risk Master
119
chapter nine Insecure Overachievers
130
chapter eleven Extreme Leverage
167
chapter twelve Chasing the Curve
191
chapter thirteen Big Hairy Goals
210
chapter fourteen Watching My Children Grow Longer
227
Acknowledgments
285
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About the author (2008)

Philip Delves Broughton was born in Bangladesh and grew up in England. From 1998 to 2004, he served successively as the New York and Paris bureau chief for the Daily Telegraph of London and reported widely from North and South America, Europe, and Africa. He led the Telegraph┬'s coverage of the 9/11 attacks on New York and his reporting has twice been nominated for the British Press Award. His work has also appeared in the Financial Times, The Wall Street Journal, The Times of London, and Spectator. In 2006, he received an MBA from Harvard Business School.

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