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Death of Dr. Edward Bowman, Leading Management Scholar
Dr. Edward (Ned) H. Bowman, the renowned scholar of management who was
the Reginald H. Jones Professor of Corporation Management at the Wharton
School, died Wednesday at the age of 73, at Bryn Mawr Hospital of complications
following surgery.
One of the world's leading scholars of management policy and corporate
structure, Dr. Bowman was also professor of operations and information management
at Wharton, and was co-director of the Reginald Jones Center for Management
Policy, Strategy and Organization.
The Jones Professorship and Center were established by the General Electric
Foundation in honor of their longtime chairman and CEO, a Penn alumnus and
trustee who had also held numerous public service roles. Among the first
goals of the Jones Center was to promote research and education on issues
of concern to CEOs in their interactions with senior management directors,
shareholders, and the public.
Ned Bowman, with his research interests in decision-making, real options
theory, and corporate strategy, was brought to Penn from MIT's Sloan Center
in 1983 as the first holder of the Jones chair and as founding director
of the Center. Later Dr. Bruce Kogut, professor of management at Wharton,
would join him as co-director of the Center and as co-author of an influential
recent book, Redesigning the Firm (Oxford 1995).
Dr. Bowman became known early in his career for two books on production
management (Analysis for Production Management, 1957, and Analysis
of Industrial Operations, 1959, both with Rober B. Fetter). His later
work has included historical perspectives on corporate strategy, corporate
governance, corporate restructuring and management downsizing. One recent
contribution is a chapter in Integral Strategy (Jai Press) that looks
at "Strategy History: Through Different Mirrors" while papers
in the California Management Review explore "The Effects of
Organizational Downsizing on Product Innovation" and ask "Where
Does Restructuring Improve Financial Performance?"
Dr. Bowman was a mentor to young faculty and "a special and wise
colleague," said Dr. Howard Kunreuther, a former doctoral student of
Dr. Bowman's who is now a full professor and co-authored several with him.
A distinction in Ned Bowman's approach to models and theories in decision-making,
Dr. Kunreuther recalls, for example, is that "if real-world behavior
was different from what his model predicted, he would attempt to modify
the theory rather than assume something was wrong with the people."
A 1946 alumnus of MIT, Ned Bowman took his MBA from the Wharton School
in 1949. After working as a budget analyst for Corning Glass and for General
Motors, and as executive job analyst for Nationwide Insurance, he resumed
his academic studies at Ohio State University, where he earned his Ph.D.
in 1954. Meanwhile, in 1952 he had begun teaching at MIT's Sloan School,
where he was to continue an affiliation of over three decades--but with
periodic leaves that infused his teaching and research with the results
of hands-on management in the public and private sector. During one leave
from MIT, in 1963, he served as special assistant to the president of Honeywell's
computer division. During another, while holding a senior research appointment
at Yale University, he also served as the institution's comptroller from
1966-69.
By 1974, when he took a five-year appointment as dean of the College
of Business at Ohio State, he had also chaired the executive and finance
committees of Dictaphone (1969-71), and had been a lecturer in Europe for
the EEOC. Eventually his work abroad was to include visiting appointments
at the Sweden's Stockholm School of Economics, the University of Birmingham
in the U.K.; The Netherlands Research Institute, the All India Management
Association, the European Management Seminar in Italy, the University de
los Andes in Colombia, CEI in Switzerland; CRC in France and the European
Institute for Advanced Studies in Management in Belgium.
"Wharton is deeply indebted to Ned for his outstanding leadership,
his service, and commitment as a distinguished member of our faculty--as
Deputy Dean, as Director of the Jones Center, and in more capacities than
I can possibly list here," said Wharton's Dean Thomas P. Gerrity. "His
great spirit, keen insight, wonderful personal warmth and friendship are
the legacy of his many years with us at Wharton. We will all miss him deeply."
At Penn, Dr. Bowman was the Wharton School's Acting Deputy Dean for Academic
Affairs in 1989-91, and he served on numerous school, Senate and University
committees.
He is survived by his wife, Ann; a son, John; and a daughter, Susan.
A campus memorial service will be announced by the School, and in the meantime
the family suggest remembrances to the Salvation Army or to the American
Friends Service Committee.
Mangione Memorial: An Amici Forum October 27
On Tuesday, October 27, the School of Arts and Sciences and the Center
for Italian Studies invite members of the University to attend the Amici
Forum in memory of Jerre Mangione, the emeritus professor of English who
died on August 16 at the age of 89 (Almanac
September 8). The service will be held from 5 to 6:30 p.m. in the Van
Pelt-Dietrich Library Center, on the 6th floor. For more information, contact
the Center for Italian Studies, 898-6040.
Almanac, Vol. 45, No. 7, October 13, 1998
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