Mats Urde
Senior lecturer
The Reputation of the "World's Most Prestigious Award": The Nobel Prize
Author
Summary, in English
At its heart, this is a case about the reputation of an international symbol of achievement and about managing an iconic brand. The case provides insights into the nature of a prestigious “heritage brand” and its challenges and opportunities to remain relevant and differentiated in the 21st century. In “protecting and safeguarding the standing of the Nobel Prize” the executive board faced the paradox of continuity and change with the reputation of “the world’s most prestigious award” at issue. A respected magazine article on the Nobel Prize concluded: “No other prize has anything like the stature of a Nobel. . . . But some do whisper, ‘for how much longer?’” (The Economist, January 2, 2016)
Department/s
- Department of Business Administration
Publishing year
2018-09-17
Language
English
Publication/Series
HBS Case Collection
Issue
919-401
Links
Document type
Teaching case
Publisher
Harvard Business Publishing
Topic
- Business Administration
Keywords
- Nobel Prize
- Reputation
- Corporate Brand
- corporate brand identity
- corporate brand identity matrix
- networked brand
Status
Published