Ahead of the Curve: Two Years at Harvard Business School [Hardcover]

Philip Delves Broughton (Author)

Book Description

Release date: July 31, 2008

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 900 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, which 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. Broughton studied over 500 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 business school culture, from the "booze luge" to the pandemic obsession with PowerPoint to the specter of depression, which 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, and work/life balance.Published during the 100th 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.

--This text refers to the Audio CD edition.

Editorial Reviews

From Publishers Weekly

This debut by a former journalist at the Daily Telegraph of London chronicles the author's love-hate relationship with the Harvard Business School, where he spent two years getting his M.B.A. Beginning with a confessional account of his disillusionment with journalism and conflicted desire to make money, Broughton provides an account of his experiences in and out of the classroom as he struggles to survive the academic rigor and find a suitably principled yet lucrative path. Simultaneously repelled by his aggressive fellow capitalists in training—their stress-fueled partying and obsession with wealth—and dazzled by his classes, visiting professors and the surprising beauty of business concepts, Broughton vacillates between cautious critique and faint praise. Although cleverly narrated and marked by a professional journalist's polish and remarkable attention to detail, this book flounders; it provides neither enough color nor damning dirt on the school to entertain in the manner of true tell-alls. The true heart of the story is less b-school confidential than a memoir of Broughton's quest to understand the business world and find his place in it. (Aug.)
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Review

"The audio is valuable as people ponder deeply whether they should go to business school, given the current climate." ---Library Journal Starred Audio Review

--This text refers to the Audio CD edition.

See all Editorial Reviews

Product Details

• Hardcover: 304 pages
• Publisher: Penguin Press HC, The (July 31, 2008)
• Language: English
• ISBN-10: 1594201757
• ISBN-13: 978-1594201752
• Product Dimensions: 8.5 x 5.2 x 0.6 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 4.1 out of 5 stars  See all reviews (80 customer reviews)
• Amazon Best Sellers Rank: #243,689 in Books (See Top 100 in Books)

More About the Author

I'm the son of an English clergyman and a Burmese mother, was born in Bangladesh, grew up in the UK, have lived in London, New York, Paris and Boston and now live in Northwestern Connecticut. I graduated from Oxford with a BA and MA in Classics, then spent ten years as a newspaper reporter mainly for The Daily Telegraph of London. From 1998-2002, I was the paper's New York correspondent and from 2002-2004 it's Paris Bureau Chief. During that time I reported on scores of events from more than 20 countries, led our newspaper's coverage of the 9/11 attacks on New York, and interviewed politicians, movie stars, religious conservatives and libertines. In 2004, I decided to leave Paris and go to Harvard Business School, where I received my MBA in 2006, an experience I wrote about in Ahead of the Curve: Two Years at Harvard Business School. Since then, I have worked at Apple, developing an internal executive education program, as a writer at the Kauffman Foundation for Entrepreneurship and Education, and as a contributing columnist to the Financial Times. In 2012, I was a Visiting Scholar at the American Academy in Rome, when I had the extraordinary experience of meeting and interviewing Silvio Berlusconi. I am married and have two sons and a dog.

Most Helpful Customer Reviews

111 of 120 people found the following review helpful

5.0 out of 5 stars A Thoughtful and Introspective Memoir That Should Be Required Reading for HBS Applicants September 2, 2008

By A. Kruglov

Format:Hardcover

First, some disclosure: Philip and I were classmates at HBS, did a project together (which he doesn't directly mention in the book), I've had dinner at his house, and I consider him a friend. If you choose to ignore my perspective because of the above bias, I wouldn't blame you, but I want to make sure that myths (generated by some press coverage) of what this book is about are dispelled: by no means is Ahead of the Curve a tell-all insider-guide bashing of the HBS experience. In fact, I suspect that some of the negative reviews are written by folks who either didn't read the book or didn't read it all the way through.

What the book is instead is a rather touching introspective memoir on Philip's personal experience at HBS as an outsider - someone who, because of his age, career background, nationality, but most of all personality did not fit into the traditional HBS mold. Despite that, the reader comes away clear on the fact that Philip learned a great deal from HBS, respects its educational method tremendously, made some very good friends, and overall came away a bigger person after it. I want to elaborate on that last point - Philip was already a fully formed individual before coming to HBS: a father, a husband, a successful journalist, a well-traveled man. To feel growth after HBS, where the average age is ~5 years younger and the average experience is much more junior is a BIG DEAL.

The book really has two elements to it. One is a witty description of the HBS stereotypes, fun stories about interactions, and, ultimately, a fascinating tale of what it's like to be immersed into the HBS experience. The second (one that I didn't find as exciting having gone there) is a reasonably in-depth description of the cases and educational method. The first element is a joy to read and sometimes laugh-out-loud funny. Moreover, it's quite an experience to observe Philip's thought process and see how life touches him. Highlights include getting stuck in a white wedding limo in the parking lot at the Google headquarters and frantically taking notes on a loose-leaf sheet of paper during a McKinsey interview. The second element is geared to the book's main target audience: potential b-school applicants. To be honest, I was shocked by how well Philip recollects the cases and formulae from HBS. I certainly got quite a refresher!

In the end, Philip chooses to opt out of the post-HBS grind, having fully opted into the experience while there. Funnily enough, too many people do the opposite. They float through HBS, barely read cases, sign up for courses on Tue-Thu so they can travel all second year, and then opt into a grueling i-banking or hedge fund job. Personally, I think Philip has come out a better person having learned much from what HBS has to offer and still chosen to pursue life in his own manner. He's the type of graduate HBS should be proud of - I certainly am proud to have gotten to know him while there!

Despite everything I wrote above, I must point out that PDB is a writer and as such, he left plenty out that didn't fit his theses. For example, I was a part of a team of three with him on a first-semester project in our second year. Of the three of us, exactly zero has jobs we accepted after graduation. Of course, all of us has unusual ambitions, but comparisons are driven by one's choice of peer groups. Philip stands out dramatically when compared to i-banker types, but he may not be so unusual amongst others, albeit smaller, HBS groups. One of his section-mates, for example, joined a record label in a creative role after school for a salary of at most 1/4 of what he would have gotten had he gone back to his investment banking career.

Overall, Philip gives a balanced perspective on HBS. He gives an even more balanced perspective on himself and it was a joy to follow his personal travails. Yes, he does omit descriptions of some of the more "out there" folks from HBS, but no, he doesn't break any sacred bonds of the HBS classrooms. If you went to HBS and are fuming based on the press coverage of this book, please read it first before forming an opinion. And if you think about going there, PLEASE READ IT!

24 of 26 people found the following review helpful

5.0 out of 5 stars A Journalist's Take on Harvard Business School's MBA Program September 22, 2008

By Donald Mitchell HALL OF FAMETOP 100 REVIEWERVINE™ VOICE

Format:Hardcover

Philip Delves Broughton was on top of the journalism world as the Paris bureau chief for The Daily Telegraph of London when he got itchy feet and decided he wanted to go to business school. Setting his sights on Harvard, he was pleased to get in. The book's title refers to the grading system at Harvard and alludes to the competition to get a leg up on other MBA students in gaining a lucrative job.

I attended Harvard Business School while in law school many years ago. I was surprised to find out how many things are similar to when I attended. The student complaints were similar, too.

I thought that Mr. Broughton did an excellent job of explaining what the case system is all about and what occurs in preparing for and during a class. If you've always wanted to go to HBS, here's a chance to take a peek.

The book's strength is in exposing the values behind HBS, people seeking the highest-paying jobs despite the personal cost to family life and one's own soul. Mr. Broughton made some half-hearted attempts to seek out such opportunities, but ended his two years at Harvard with a large loan to show for the experience . . . and no job.

The book's weakness comes in Mr. Broughton's desire to teach you some of the basic concepts about business management. I doubt if you are interested. He doesn't always get it right, either.

I found myself comparing Ahead of the Curve to One L, Scott Turow's brilliant description of the bad old days of being a first-year law student at Harvard. One L is a better book. But both are powerful in explaining what it feels like to be a student in the middle of the gigantic forces moving to shape you like a vise into a new form that will be attractive to employers.

23 of 25 people found the following review helpful

5.0 out of 5 stars it's about life, stupid. September 24, 2008

By Larry Shulman

Format:Hardcover

As the father of a recent HBS graduate, I was drawn into the book to understand more about the inside workings of Harvard. As a graduate of a community college in New York, and the father of eight children, and owner of a 30 year successful technology business, I quickly realized that this book was about true success. The balance of family, love of work, and of course, making a living. The chapters replayed much of what my daughter talked about, but I could now truly understand the life and pressure of those embarking on this trip. It was amazing to hear from somebody almost half my age that he truly understood what most people didn't.He heard of the loss by those that did not follow their hearts, but allowed the brand they wore to set their direction in life. The guilt I sometimes feel for being a parent that pushed their child to fufill their own dreams is now diminished, since I know, just like Philip chose to stay true to his heart, my child may elect to do the same. This book is not about Harvard, it is about life. I want to thank him. Although many books have talked about life-work balance, "ahead of the curve" shows us what we need to consider when raising our children, and helping them in their life choices.