BOSTON--(BUSINESS WIRE)--An in-depth examination of how CEOs allocate their scarcest resource – time – has won the 2018 HBR McKinsey Award, which honors the best Harvard Business Review article of the year.
“How CEOs Manage Time” by Michael E. Porter and Nitin Nohria draws on a 12-year study that is the first comprehensive and detailed investigation of CEO time use in large, complex companies over an extended period. Porter and Nohria collected 60,000 hours’ worth of data from 27 executives and interviewed them about their results and the implications. The resulting data set offers deep insights not only into best time-management practices but into the key trade-offs that CEOs need to manage. The findings have also been discussed with dozens of other CEOs participating in Harvard Business School’s workshop for newly appointed CEOs.
“Time management is a crucial issue in today’s high-pressure and fast-changing environment,” said Adi Ignatius, Editor in Chief of Harvard Business Review. “‘How CEOs Manage Time’ offers a fascinating window into the demands and complexities of leading a company, and its insightful analysis can help all leaders who want to use their time and influence more effectively.”
Michael E. Porter is a University Professor at Harvard, based at Harvard Business School. Nitin Nohria is Dean of Harvard Business School.
The annual HBR McKinsey Awards, judged by an independent panel of business and academic leaders with input from members of HBR’s Advisory Board, commend outstanding articles published each year in Harvard Business Review. This year’s announcement appears in the May-June issue of the magazine.
This year’s HBR McKinsey Awards also recognizes two finalists:
- “The Surprising Power of Questions,” by Alison Wood Brooks and Leslie K. John of Harvard Business School
- “Strategy for Start-ups,” by Joshua Gans of the Rotman School of Management and Erin L. Scott and Scott Stern of MIT’s Sloan School of Management
The 2018 HBR McKinsey judges were: Bharat Anand, Professor, Harvard Business School; Cheryl Bachelder, Interim CEO, Pier 1 Imports; Peter Cappelli, Professor, the Wharton School; and Claudio Fernández-Aráoz, Senior Advisor, Egon Zehnder.
About the HBR McKinsey Awards
Since 1959, the HBR McKinsey Awards have recognized practical and groundbreaking management thinking by determining the best articles published each year in Harvard Business Review. Past winners include Clayton M. Christensen, Peter Drucker, Daniel Goleman, Rosabeth Moss Kanter, John Kotter, Mark R. Kramer, Michael E. Porter, and George Stalk.
About Harvard Business Review
Harvard Business Review is the leading destination for smart management thinking. Through its flagship magazine, 12 international licensed editions, books from Harvard Business Review Press, and digital content and tools published on HBR.org, Harvard Business Review provides professionals around the world with rigorous insights and best practices to lead themselves and their organizations more effectively and to make a positive impact.
