“How CEOs Manage Time” by Michael E. Porter and Nitin Nohria Wins 60th Annual HBR McKinsey Award

First-of-its-kind study sheds light on time-management practices of
chief executives

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 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.

Contacts

Amy Poftak
Director of Communications
apoftak@hbr.org
617-783-7582