Harry M. Kraemer
Clinical Professor of Management & Organizations
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 Leadership at Northwestern University’s Kellogg School of Management. He has been named Kellogg School Professor of the Year for the Fulltime program as well as for the Executive MBA programs in Chicago, Miami, and Hong Kong. Harry is the author of three bestselling leadership books:
From Values to Action: The Four Principles of Values-Based Leadership
Becoming The Best: Build a World-Class Organization Through Values-Based Leadership
Your 168: Finding Purpose and Satisfaction in a Values-Based Life
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.
Harry 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, Harry worked for Bank of America in corporate banking and for Northwest Industries in planning and business development.
Harry is active in business, education, and civic affairs. He currently serves on the board of directors of Leidos Corporation, Option Care Health, and Performance Health, and on the board of trustees of Northwestern University, The Conference Board, Endeavor Health System, 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 Council of CEOs, the Commercial Club of Chicago, and the Economics Club of Chicago. He is a past member of the Business Roundtable, the Business Council, and the Healthcare Leadership Council.
Harry 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.
- Values-based leadership/managerial leadership
- management strategy
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MBA, 1979, Accounting, Finance, Kellogg School of Management, Northwestern University
BA, 1977, Economics, Mathematics, Lawrence University, Summa Cum Laude, Phi Beta Kappa -
2023 Professor Best Teaching Award for EMBA 131, Fall 2023
Best Professor of the Year for EMBA 116 and 117
Best Professor of the Year for KHUST, 2018
L.G. Lavengood Outstanding Professor of the Year Award, Kellogg School of Management, 2008
Executive Perspectives on Leadership (LDEVX-468-0)
Managerial Leadership (LDEV-468-0)
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. The focus is on how to become a values-based leader and how to develop a values-based organization. Interaction with 8 guest speakers during the 10 week 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. The grading includes a weekly self reflection exercise, two-3 page papers and a leadership group project presented to the class. There is no final exam.