Harry M. Kraemer
Harry M. Kraemer

STRATEGY
Clinical Professor of Strategy

Print Overview

HARRY M. JANSEN KRAEMER, JR. is an executive partner with Madison Dearborn Partners, a private equity firm based in Chicago, Illinois and a Clinical Professor of Strategy at Northwestern University’s Kellogg School of Management. He was named the 2008 Kellogg School Professor of the Year. Harry is the author of two bestselling leadership books: “From Values to Action: The Four Principles of Values-Based Leadership” and “Becoming The Best: Build a World-Class Organization Through Values-Based Leadership”.

He is the former chairman and chief executive officer of Baxter International Inc., a $12 billion global healthcare company. He became Baxter's chief executive officer in January 1999, and assumed the additional responsibility of chairman of Baxter's board of directors in January 2000.

Mr. Kraemer joined Baxter in 1982 as director of corporate development. His twenty three year career at Baxter included senior positions in both domestic and international operations. In 1993, he was named senior vice president and chief financial officer, responsible for financial operations, business development, global communications, and European operations. Over the next several years, he assumed additional responsibility for Baxter’s Renal and Medication Delivery businesses. He was elected to Baxter’s board of directors in 1995, and was named president of Baxter International Inc. in 1997.

Before joining Baxter, Mr. Kraemer worked for Bank of America in corporate banking and for Northwest Industries in planning and business development.

Mr. Kraemer is active in business, education and civic affairs. He serves on the board of directors of Leidos Corporation, Sirona Dental Systems , VWR International, Sage Products Inc., and Catamaran Corporation and on the board of trustees of Northwestern University, The Conference Board, NorthShore University Healthsystem and the Archdiocese of Chicago Finance Committee and School Board.

He is a member of the Dean’s Global Advisory Board of Northwestern University’s Kellogg School of Management. He is a member of the Commercial Club of Chicago, the Chicago Council on Global Affairs, and the Economics Club of Chicago. He is a past member of the Business Roundtable, the Business Council, and the Healthcare Leadership Council.

Mr. Kraemer graduated summa cum laude from Lawrence University of Wisconsin in 1977 with a bachelor’s degree in mathematics and economics. He received an MBA degree in finance and accounting from Northwestern University’s Kellogg School of Management in 1979 and is a certified public accountant. For his outstanding leadership and service, he received the 1996 Schaffner Award from the Kellogg School of Management. Harry enjoys jogging, tennis, skiing and reading, especially world civilization. Harry, his wife Julie, and their five children live in Wilmette, Illinois. More info on Harry at www.harrykraemer.org .



Print Vita
Education
MBA, 1979, Accounting, Finance, Kellogg School of Management, Northwestern University
BA, 1977, Economics, Mathematics, Lawrence University, Summa Cum Laude, Phi Beta Kappa

Grants and Awards
L.G. Lavengood Outstanding Professor of the Year Award, Kellogg School of Management, 2008

Print Research
Books
Kraemer, Harry M. 2012. From Values To Action: The Four Principles of Values Based Leadership. Wiley Jossey Bass.

 
Print Teaching
Executive MBA
Capstone Course (MGMTX-470-0)
Capstone Course brings together disciplines students have encountered in the Kellogg Executive MBA Programs. Students develop an integrated understanding of business planning and strategy, using a computer-based management simulation (Capstone®Business Simulation) to plan and test strategies in a competitive environment.

Leading a Global Company (MORSX-468-0)
The focus of this class is to provide a thorough understanding of what is involved in leading a global company. Through a combination of lectures, cases and readings, the class will discuss and debate the key ingredients required to establish and manage a global company.

Full-Time / Part-Time MBA
Managerial Leadership (formerly MGMT-468-0) (MORS-468-0)

This course counts toward the following majors: Management & Organizations.

This course is designed to help students understand the character and challenges of leadership as it exists and can exist in various organizational settings. It is intended to provide insights into the demands of leadership and explore how leadership skills can be developed and applied most effectively. Interaction with guest lecturers provides an opportunity to observe and dissect various approaches to leadership. The objective of the course is to help students prepare for, and make them more sensitive to, continuing opportunities for improving their own managerial and leadership capabilities.

Executive Education


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Advanced Management Program: Intensive

A condensed and immersive professional development opportunity for senior executives responsible for creating markets and driving growth in today's fast-paced, interconnected economy. A holistic approach to assessing the organizational impact of one's leadership skills and style, all supported with executive coaching.


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Advanced Management Program: The Global Experience

Kellogg offers the same core leadership content for senior executives as our Advanced Management Program: Intensive in a modular format that includes an additional week of programming. This breakthrough course design provides an unparalleled experiential global week of learning in select markets around the world.


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Corporate Governance: Effectiveness and Accountability in the Boardroom

Improve your understanding of the responsibilities of board membership, develop the strategic insight needed to become a more effective director, gain an understanding of the interests of multiple constituencies and learn frameworks that can move the board beyond compliance to the creation of opportunities for long-term value.


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Creating and Leading a Culture of Innovation
There is an unmet need for highly trained leaders who can unleash the creative spirit and create a culture of innovation. Here is where you learn to meet that need. Develop the tools to instill an innovation mindset within your organization and constantly improve how you relate to, interact with and inspire your people.
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Growth and Innovation Week
Combines our Creating and Leading a Culture of Innovation with Driving Organic Growth programs into Growth and Innovation Week.
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Leading Family Enterprises
This four-day program is designed for the next generation of members who are or aspire to be leaders for their family enterprise. You will discover how to manage the strategic and personal pressures that are at the core of these complex enterprises.

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Merger Week: Creating Value Through Strategic Acquisitions and Alliances
Mergers and acquisitions are anything but one-dimensional. This program will teach you how to take a multifaceted approach to any restructuring deal, considering how finance, leadership, negotiations and strategy each contribute to your organization’s success.
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