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Harvard Business School Awards Five Alumni Awards-News

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(LR) Dean Srikant Datar, Naina Lal Kidwai (MBA 1982), Robert L. Ryan (MBA 1970), Patricia C. “Tosh” Barron (MBA 1972). Photo courtesy of Susan Young.

Boston– Harvard Business School (HBS) today awarded five prominent graduates with the Graduation Achievement Award, the most important honor. Included as part of the school’s opening ceremony, this award highlights an example of outstanding leadership of HBS graduates.

This year’s winners Patricia C. “Tosh” Baron (MBA 1972)Former President of both Xerox’s Engineering Systems and Office Products divisions. Salman A. Khan (MBA 2003)Founder and Chief Executive Officer of the Khan Academy. Nina Larkidwai (MBA 1982)Former Executive Director of HSBC Asia Pacific, Former Chairman of HSBC India, Founder and Chairman of the Indian Health Union. Robert L. Ryan (MBA 1970), Former Senior Vice President and Chief Financial Officer of Medtronic.When Robert B. Wilson (MBA 1961, DBA 1963)Adams, Professor of Honorary Management, Stanford University, was awarded the 2020 Nobel Prize in Economics for improving auction theory and inventing a new auction format.

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Throughout their careers, these notable graduates have contributed significantly to their organizations and communities while maintaining the highest standards and values ​​in everything they do. Thus, they represent the best of school graduates and are a role model for everyone who aspires to influence both business and society.

This year’s school’s highest honor winners show how a healthy desire for family, luck, and risk can shape life.

Photo courtesy of Susan Young

Tosh Baron (MBA 1972) Has a long career in business leadership. For six years at McKinsey & Company, she was an operational practice consultant focused on global strategy and operational improvement for manufacturing and services companies. Baron then joined Xerox Corporation, and her first role as manager of her multinational project was to lead the company’s entry into the Chinese market. She had a 21-year career at the company and she retired in 1999. As an executive officer, she was President of the $ 600 million Xerox Engineering Division and President and CIO of the $ 8 billion Office Products Division. She was previously an Executive In-Residence and Clinical Associate Professor at NYU Stern School of Business, teaching MBA courses in leadership and corporate governance. Tosh served as Chief Director and Chair of the Governance Committee of Teleflex Corporation. She is the Vice Chairman of USAA’s Board of Directors. Lead Director of Quaker Chemical Corporation. Additional board services include Aramark Corporation, Frontier Corporation, Ultralife Corporation (Chairman of the Board), and Reynolds Metals Corporation.

Looking back on his decades of senior management role and his career as CEO of the board of directors of many companies and nonprofits, Baron said: The other is to be decisive. It’s very important to hear your opinion, as you are not the only one who has the brain. And you can’t waffle. ”

Photo courtesy of Susan Young

Salman Khan (MBA 2003) Founded and Chief Executive Officer of the Khan Academy, a non-profit organization founded in 2008, has the simple mission of providing world-class education to anyone, anywhere, for free. The online education venture was born out of Khan’s experience teaching his young cousin in mathematics while communicating over the phone and using an interactive notepad. He created software that provided exercises and feedback, and posted a video of a handwritten tutorial on YouTube. When the video viewers took off in 2009, he quit his job as a hedge fund analyst and devoted himself to the Khan Academy full-time. Today, more than 135 million registered users worldwide use the Khan Academy in 190 countries and 50 languages. Students turn to free sites to study math, science and humanities. In the United States, the Khan Academy works with more than 280 school districts to support teachers and provide school district-level insights to managers.

Khan describes the impact of digital tools on learning: “In proficiency learning, students move at their own pace and take as many shots as they need to reach the goal to master the concept. If I am a teacher with 30 children, this It’s very difficult to achieve, but with software tools and on-demand video, it’s possible. “

Photo courtesy of Alice Carfrae

Nina Larkidwai (MBA 1982) He began his investment banking career at the UK-owned Grindlays Bank in India in 1982 and established himself in 1987 as the first woman to lead an investment bank in India. She later switched from investment banking to retail banking as head of non-resident Indian services. In 1994 she moved to Morgan Stanley, where she returned to the capital markets and merger and acquisition jobs as head of investment banking. In 2002 she moved to HSBC India to lead the investment banking and capital markets business, and she soon became the CEO of the bank. Eventually, she became Chairman of the Bank’s Indian Business and Executive Director of the HSBC Asia Pacific Board of Directors. In 2013 she was elected president of the Federation of Indian Industry Councils. She is the first woman to lead an organization in 86 years of history.

“The great thing about working in India’s financial industry at the time was the opportunity to influence the evolution of the country’s financial institutions and regulatory structure,” said Kidwai during a period of dramatic change in the sector. Said to return to. “Very early on, I was part of a group that helped set up a second, more modern stock exchange and developed the first policy on equity issues and insider trading.”

After retiring from HSBC in 2015, Kidwai founded the Indian Hygiene Union. It unites business, non-profit, financial and government stakeholders, ends open defecation, treats sewage and reuses treated wastewater.

Photo courtesy of Susan Young

Robert Ryan (MBA 1970), 2022 HBS Class Day Speakers are business leaders with a long career across the industry. Prior to joining Medtronic, he was Chief Financial Officer of Union Texas Petroleum Corporation for 10 years, overseeing the initial public offering of the company. His early positions included missions at McKinsey and Citibank, and as Vice President, he was responsible for overseeing relationships with companies in the early cable television industry. He is a former director of organizations such as General Mills, Hewlett-Packard, Stanley Black & Decker, and United Health, an honorary councilor at Cornell University, and a master’s degree in electrical engineering. A longtime philanthropic supporter from Detroit, Ryan was commended by the HBS African-American Students’ Union in 2000, especially for those with a poorly serviced background. In 2004 he launched Robert L. Ryan Fellowship at HBS. The beginning.

When Ryan decided to apply for HBS, he explained: I said, “Life has more than having a guaranteed job.” I was always interested in finance and didn’t want to look back and regret not taking advantage of that moment. So I applied for HBS. “

Photo courtesy of Susan Young

Robert Wilson (MBA 1961, DBA 1963) He has been enrolled in Stanford University Graduate School of Business since 1964 and has published approximately 100 articles in specialized magazines and books since he received his bachelor’s, master’s and doctoral degrees from Harvard University and HBS. Considered an expert in game theory and its applications, he has written some of the basic research on the impact of reputation on predatory pricing, price competition, and other competitive battles. In addition to his Nobel Prize, his book on Nonlinear Pricing received the 1995 Leomeramed Award from the University of Chicago for “Excellent Scholarships by Business Professors.” He is an elected member of the National Academy of Sciences, a Fellow of the Econometric Society, a former officer, and a member of the Council. At various times in his career, he has advised the US Home Office, the Power Research Institute, and the Xerox Palo Alto Research Center.

“I’ve tackled the problem on my own several times and it was a disaster,” Wilson said when discussing the value of collaboration. “I tend to be a rather vague and speculative thinker, so I rely on exchanging ideas with someone who is more accurate and rigorous.”

See below for details on each winner. You can find it on the school awards website.

The Alumni Achievement Award is awarded annually to a small group of selected graduates who represent the school’s highest traditions and highest aspirations. For over 50 years, HBS has strategic visions to drive work, creativity and innovation to inspire others, personality and values ​​to be exemplary, and career and community leadership to be examples of others. I have praised the individual who becomes. .. They are truly world-changing leaders.