AdmitMBA360 Blog formerly Journey to my MBA

Journey to my MBA

Tuesday, February 21, 2006

Harvard University Summers stepping down

From Harvard Website:

Summers to step down as president at end of academic year
Bok agrees to serve as interim president starting July 1

Lawrence H. Summers (Staff file photo Justin Ide/Harvard News Office)
Lawrence H. Summers announced today that he will conclude his tenure as president of Harvard University at the end of the 2005-06 academic year.

Since his appointment five years ago, Summers has spurred attention to renewing the undergraduate experience, guided the launch of innovative interdisciplinary initiatives in the sciences and beyond, and strongly expanded Harvard's international agenda. Under his leadership, the University has reached out to many more undergraduates from low-income families and also strengthened financial aid for graduate and professional students pursuing careers in public service. During his presidency, Harvard has achieved dramatic faculty growth, undertaken major investments in an array of new facilities, and taken the first concrete steps toward building Harvard's extended campus in Allston.

Letter from President Summers

Letter from the Corporation

"Harvard's greatness has always come from its ability to evolve as the world and its demands change - to educate and draw forth the energy of each successive generation in new and creative ways," said Summers. "Believing deeply that complacency is among the greatest risks facing Harvard, I have sought for the last five years to prod and challenge the University to reach for the most ambitious goals in creative ways. As I leave the presidency, my greatest hope is that the University will build on the important elements of renewal that we have begun over the last several years."

"Since his appointment five years ago, Larry Summers has served Harvard with extraordinary vision and vitality," said the Fellows of Harvard College, members of the University's executive governing board, the Harvard Corporation, in a letter to the Harvard community. "He has brought to the leadership of the University a sense of bold aspiration and initiative, a prodigious intelligence, and an insistent devotion to maximizing Harvard's contributions to the realm of ideas and to the larger world. Through his tenure as president, Harvard has both invigorated its academic programs and engaged more keenly with the complex challenges facing society. Harvard's paths forward will long bear the imprint of his vision.

"While this past year has been a difficult and sometimes wrenching one in the life of the University," the Fellows continued, "we look back on the past five years with appreciation for all that has been accomplished and for the charting of an ambitious forward course. We look ahead with confidence in the capacity of our faculty, students, staff, and alumni to embrace a future full of possibility and opportunity. Whatever our differences in perspective, and wherever we study or work within the University, all of us share a commitment to the progress of an institution whose aims are noble, whose traditions are strong, whose spirit is always restless, and whose promise - as embodied in the thousands of men and women who form the Harvard community - knows no bounds."

Derek Bok, Harvard's president from 1971 to 1991, has agreed to the Corporation's request that he serve as interim president of the University from July 1 until the conclusion of the search for a new president, which the Fellows said would begin promptly.

"I will do my best to carry out the Corporation's request," said Bok. "There is no institution I care about more deeply, and I will make every effort to work with colleagues to further the University's agenda during this transitional period."

Following an expected year-long sabbatical, Summers plans to return to the faculty to pursue his distinguished academic career in economics, public policy, and international affairs. The Fellows' letter said that the Corporation intends to appoint Summers as one of Harvard's select group of University Professors.

"From the day he took office, Larry Summers has worked tirelessly to provide Harvard students, particularly its undergraduates, with the best education possible," said Patti B. Saris, president of the Board of Overseers. "He has committed himself to strengthening Harvard's place as a world leader in the sciences, expanding its borders not only into Allston but internationally, and ensuring that Harvard is a place that all students can afford. Harvard has benefited from his energy and out-of-the-box thinking, and will no doubt continue to do so when President Summers again becomes Professor Summers."

Here's the AP release

Harvard says Summers resigns as president By Jason Szep
Tue Feb 21, 5:15 PM ET

BOSTON (Reuters) - Harvard University President Lawrence Summers resigned on Tuesday after a turbulent five years and the most public faculty rebellion against a Harvard president in the Ivy League school's 370-year history.

Summers, a former U.S. Treasury secretary under president Bill Clinton, will step down at the end of the academic year. Derek Bok, who led Harvard from 1971 to 1991, will be interim president from July 1. Summers will stay on as a professor.

The resignation caps an increasingly rancorous standoff between Summers and disaffected Harvard staff, and came a week before faculty members were to vote in the second no-confidence motion against Summers in 11 months.

Summers, 51, whose brusque management style has won both praise and contempt, sparked controversy last year when he said innate differences between men and women may help explain why so few women work in the academic sciences.

He has since apologized repeatedly for his remarks.

But the abrupt resignation of arts and sciences dean William Kirby on January 27 deepened opposition against him. Several faculty have accused Summers of pushing Kirby out and called for his resignation at a faculty meeting this month.

"The university has been in a state of paralysis. I've never seen anything like this before," Farish A. Jenkins Jr., a Harvard zoology professor, told Reuters.

"Harvard can't be run by one man. It is a collaborative enterprise with many fine people," said Jenkins, one of a dozen professors who confronted Summers at a faculty meeting this month and suggested that he step down or be fired.

After a one-year sabbatical, Summers will teach economics, public policy, and international affairs.

Summers told journalists in a conference call that Harvard had changed for the better and was much less complacent now than 5 years ago. But he conceded that he could have "challenged the community more wisely and more respectfully.

"I feel very much regret for the rifts and the cleavages that have emerged between me and segments of the faculty of arts and sciences," he said.


The announcement followed a poll showing most Harvard students backed Summers even if, as one student put it, he "can be a little rough around the edges." In the poll conducted over the weekend by Harvard's student newspaper, 57 percent of 424 undergraduate students said Summers should not resign.

"I know the faculty hates him, but I think he's kind of running Harvard like a business -- and I respect that," one student, Derek Horton, told the newspaper.

The confidence vote was to be symbolic because only the seven-member governing board, the Harvard Corporation, has the power to appoint or remove the university's president.

The faculty body approved a no-confidence measure in March 2005. Two no-confidence votes would have been unprecedented.

Following the uproar over his remarks on women, Summers -- a Harvard alumnus and former faculty member -- pledged to change his tone, listen more to the Harvard community and do more to draw women to science and engineering.

Summers also was embroiled in a public feud with the African-American Studies department that erupted shortly after he became president. The once-vaunted department saw an exodus of top faculty.

Summers's presidency will be Harvard's shortest since Cornelius Felton died in 1862 after two years in office.


Blogger RC said...

Very sounds to me like either Summers had a hard time knowing the right place at the right time...

or...maybe it was something else.

--RC of

5:38 AM  

Post a Comment

<< Home

Journey to my MBA Locations of visitors to this page
Stay up to date with this Blog
Monitor changes to links on the sidebars of this Web Site
Dave's E-Mail

Subscribe with Bloglines Subscribe with My Yahoo! Subscribe with Google Subscribe in NewsGator Online Subscribe in Rojo Subscribe with Pluck RSS reader Subscribe with Bloglines Add to AOL
Get Updates of this Blog via Email:

Powered by
Some Noteworthy Blog Postings
Cornell-Johnson Visit Experience-Dave
MIT-Sloan Visit Experience-Dave
Wharton Visit Experience-Dave
Darden Visit Experience-'04-Dave
Darden Visit/Interview Experience-'06-Dave
Darden Pictures-'06
HBS Visit Experience-'04-Dave
HAAS Visit/Info Session-'04-Dave
Columbia Visit/Info Session-'04-Axechick
Tuck Visit/Info Session-'05-Laser
Tuck Visit/Interview '06-Dave
Tuck Pictures1-'06
Tuck Pictures2-'06
Michigan Info Sess. Experience-Dave
Columba Info Sess. Experience-Dave
Tuck Info Sess. Experience-Dave
World MBA Tour Experience-Dave
Travel Guides-Dave
Columbia Open House I-Droodoggie
Columbia Open House II-Droodoggie
Application Essay Advice-Dave
Application Essay Advice II-Dave
MBA App advice-Consulting/Management-Dave
Good Essay question Prep-Uniqpath
The MBA Journey Begins-Dave
The MBA App Process-MarketWiz
Picking Target Schools-Sghama
Pre-App Tips-Bloghorn8
How to interact w/ B-School Staff-Dave
Managing Your Recommenders-ClearAdmit
Schools I Picked & Why-Anand
Import App Elements-Redwolf056
A Successful Essay(Chicago GSB)-PowerYogi
Why Chicago GSB-Paul Jan
Stanford GSB Dean on Essays
------------------ Application Process ------------------
Advice on Admissions Consultants-Dave
Why get an MBA now?-Dave
Why do I need an MBA?-Dave
Story of Tenacity-Dave
MBA App Advice-Dave
Maximize your MBA Info Sess. Exp.-Dave
Low GPA Stories-Dave
Introspect on being resolute-Dave
Why Attitude Matters-Dave
Wharton's Interview Policy-RedWolf
Dealing with a Low GPA
Tuck's App Review Process
UCLA's App Review Process
Wharton's App Review Process
Every Essay Tells a Story
Your Story is so Interesting
What is a great essay?
Am I too young to apply?
When is the best time to apply?
Applying and not sure where to start?
Is school XXX any good?
The B-School Admit Hate List
Hey Applicant, Lay off the Buggin
Should I interview on or off campus?(See comment)
MBA Tour/Info Session Tip
The Interview
------------------ GMAT ----------------------------------
Low GMAT Success Stories
GMAT Score Needed in Europe
GMAT Score Needed
GMAT Score Needed by Age
GMAT Score Needed by Country
GMAT Score Needed by Race
GMAT Score Needed by Major
Budgeting time for the GMAT
Breaking the 700 Barrier
The B-School Route to Career Change
Pre-MBA Resources
MBA Math Build math and spreadsheet skills
MBA Resources show all
--------- Video Interview's of B-School Deans -------
Video Interviews of B-School Deans
------------ B-School Visit Experiences ----------------
Admin Director Interviews
Visit Reviews
------------ MBA Forums ----------------------------------
Business Week Forum
Wharton Student Forum
Chicago GSB Forum
Yale Forum

----------- B-School Articles and News-----------------
How B-Schools get their name
BusinessWeek(B-School Headlines)
The Economist(News from Schools)
The Financial Times(Business Education)
Wall Street Journal(MBA Center)
----------- Gen MBA Info ---------------------------------
MBABuzz MBA Blogs, Forum, App Stat Plotter
MBA Info
MBA Studylink
MBA Jungle
MBA Game Plan
MBA Official Guide
MBA Depot
Top 10 MBA
Ivy League
MBA Podcaster
MBA Jargon
MBA School Directory
MBA 4 Success
Military MBA

------------ MBA Program Summary for Applicants---
ClearAdmit School Guides
WSJ School Snapshots
WSJ Who's Recruiting Where?
MBAPrepAdvantage School Profiles
------------ MBA Foreign Related -----------------------
Canadian MBA
Infozee "Foreign MBA"
------------ MBA Conf/Foundations --------------------
The MBA Tour
The MBA Diversity Alliance
Forte Foundation
Catalyst Women
Knowledge@Wharton Podcast
Association of MBAs
------------ Resume Help ---------------------------------
Darden Resume's
MBA Game Plan Resume Help

------------ Essay Help ------------------------------------
American Dream - (Dave's Pick) (Samples) (Getting Started)
MBA Essay Strategy(download)
MBA Game Plan Essay Help
Some Classic Advice from Wharton Boards
Clear Edit Automated writing editor
MBA Studio

------------- Interview Insight --------------------------
B-School Interview Braindump-Accepted
B-School Interview Braindump-Clearadmit
------------- Ethnocentric Assoc. ----------------------
LEAD Program for minorities
------------- Post-MBA ------------------------------------
MBA Concepts
------------- MBA Articles---------------------------------
If you want your application to B-School to stand out;first do your homework properly, and then apply early
Admissions Tip:HBS Essay #2
Writing good essays from an ADCOM perspective
Top 5 MBA programs Article
The Full-Time Advantage
Overcoming Procrastination
Why B-School is good for our Economy

MBA Ranks show all
Ranks by Industry Sector Show
Forbes ranking measures the graduates' return on investment
Economist ranking reports how students and alumni rated their MBA experience
BusinessWeek surveys students and corporate recruiters and measures intellectual capital
Wall Street Journal is a corporate recruiter based poll (21 criteria)
U.S. News & World Report evals student selectivity and placement data and gathers the perceptions of deans and program directors to develop the ranking
Financial Times poll measures career progression of alumni, program diversity and a school's track record in producing new ideas in management
BusinessWeek '06 Rank
BusinessWeek '06 Slideshow
Financial Times '08 (PDF) (Interactive)
US News&World Report 2009
Economist 2008 Rankings
------Wall Street Journal Rankings--------------------
WSJ 2006(US)
WSJ 2006(International)
WSJ 2006(Academic Discipline)
WSJ 2006(Women)
WSJ 2006(Ethics)
WSJ 2006(Minorities)
WSJ 2006(Industry)
Forbes Rankings 05' Results - 07' Results Rankings
Beyond Grey Pinstripes 2009
DTU Research per School
B-School Research Rankings
Financial Times E-MBA Rankings '06 PDF
BusinessWeek E-MBA Rankings '05
Money's top 100 MBA Employers '06
US News Category Ranks '06
Financial Times Category Ranks
Asia B-School Rank 2000
Australian 2005 Financial Review
German B-School Rank
Computerworld top techno MBA Survey
Consus Group B-School Rankings top 100 Entrepreneurial Colleges
Find MBA Rankings
International Education Commission's Top 10
Marr/Kirkwood Comparison Rankings
Official MBA Guide:MBA Program Ranking and Screening

GMAT Resources show all
GMAC-Register for GMAT
---------- GMAT Articles ----------------------------------
GMAT 700+ Stories(download)
Why Prepare?
About the GMAT
How someone got a 760 score
How someone got a 790 score
Mark Rice GMAT Advice
Low GMAT Success Stories

---------- GMAT Forums ----------------------------------
Beat the GMAT
GMAT Club Forum and Files!
TestMagic Forum

---------- GMAT Companies ------------------------------
Bell Curves
GMAX Online(Online GMAT Course)
Manhattan GMAT
Perfect GMAT
Princeton Review
Test Prep New York
Test Prep Review(Online Course)
Veritas GMAT Prep
790GMAT GMAT Guru(SF based)

---------- GMAT Self Study Guides ----------------------
Corrections to Official Guide 11th
Advanced GMAT Math Study Guide
GMAT Study Strategy
Micro Edu GMAT Prep Material
Probability Review(download)
4GMAT - Math Books (India)

---------- GMAT Resource/Reference -----------------
GMAT Scratchpad
Dr Math
Dr Math-Pascal Triangle
GMAT Official Guide Question Info
Manhattan GMAT Study Guides (Dave's Pick) (Math Skills Review)
Merriam-Webster Online Dictionary
Texas A&M-College Algebra
The Math Page (For Basic Math Skills)
101 Basic Radical & Exponent Review

---------- GMAT Tests ------------------------------------
PowerPrep GMAT CAT (Dave's Pick)
Ascent Education
800 Score (Dave's Pick)
English Test
GMAT Practice Tests
Gorilla Test Prep
Manhattan GMAT Tests (Dave's Pick)
R&B Consulting Prep Software
ScoreTop Online Verbal-Quant Tests
TestPrep New York
Upstart Raising GMAT Simulator

Financing your MBA show all
Financial Aid Podcast
Fundsnet-Search Engine
Graduate Fellowship Database info
Sallie Mae-MBA Loans
US Government's E-Scholar
MBA Admission Consultants show all Forum
Brody Admissions
Cambridge Essay Service
Clear Admit
Essay Solutions
Global Now
Maxx Associates
MBA Apply
The MBA Exchange
MBAGameplan Article
MBA Studio
Stacy Blackman
Veritas Consulting
-------- Brazilian Admin Consultants ------------------
MBA Empresarial
-------- Commentary on Admin Consultants ----------
Why use them?
Comments about some of them
Not all Consultants are good
MBA Life show all
Chicago GSB Online Newspaper
Chicago GSB Magazine
Columbia B-School Wkly Online NewsPaper
Columbia Spectator Daily NewsPaper
Cornell Univ. Daily Sun (Main Campus)
Cornell Daily News Service Highlights
Dartmouth Online Newspaper
Tuck Today Online Happenings
Duke News & Community
HAAS Weekly
Harvard B-School Online Newspaper
Harvard Gazette Online Newspaper
Harvard Online Magazine
Kellogg Online Newspaper
News at MIT
Michigan(Ross) Newspaper
Texas McCombs Weekly
Michigan Daily Online Newspaper
Stern Online Newspaper
Stanford Online Newspaper
Stanford B-School Reporter
UCLA Qrtrly Assets Mag
Univ. Virginia Daily Online News
Wharton Online Newspaper
Yale Daily Online Newspaper
Yale Herald Online Newspaper
Blog & Other Resources show all
IQ Test
Computer Interval Clock
T-Mobile Coverage Check
Picasa Send large files Send large files
Understanding Blog Template Code
SSI Developer - CSS Monitor
Fodey.comNewspaperclip generator
MBA Related Books
Search Now:

Site Meter