Elizabeth Olmsted Teisberg
is an Associate Professor at the Darden Graduate School of Business at
the University of Virginia, where she received the Frederick S Morton
Leadership Award in 2004.
is also a Senior Institute Associate at the Harvard Business School’s
Institute for Strategy and Competitiveness.
Her expertise is in Strategy, Innovation and
Risk Analysis. Dr. Teisberg’s current research and consulting focus on
innovation in health care and in high-technology industries, while her
earlier projects have analyzed the strategy in medical device and
biotech companies, the real option value of capital investments,
research and development decisions, medical innovation, and how managers
consider and respond to uncertainty. Prior to joining the faculty at the
Darden Graduate School of Business Administration, Teisberg was a
professor in the Strategy Group at the Harvard Business School from 1988
to 1996. Earlier, she worked in management consulting, and as an
economist for an international oil company.
Dr. Teisberg is the author or
co-author of over 50 articles and cases. Most recently, she published “Redefining
Competition in Health Care” in the Harvard Business Review,
and “Fixing Competition in U.S. Health Care” as a Harvard Business
Review Special Report, both co-authored with Michael E. Porter. Drs.
Porter and Teisberg also have a book forthcoming in 2006,
Redefining Health Care: Creating Value Based Competition
on Results. More information on this research is available at:
Dr. Teisberg’s previous
publications have appeared in a number of professional journals
including the Harvard Business Review, Rand Journal of
Economics, Management Science, Interfaces, the
Energy Journal, Research-Technology Management, and
Science. She is a co-author of The Portable MBA which
has been published in five languages.
At Darden, Dr. Teisberg teaches in
the fields of Innovation and Strategy for both MBA students and
executives. She is the designer of Darden’s elective course on Innovation, and
was previously the Course Head for the school’s required MBA course on
Operations Management and Strategy. At Harvard, she taught the MBA required course in
Strategy and the MBA elective on Technology and Strategy, as well as
participating in executive education.
Dr. Teisberg earned M.S. and Ph.D.
degrees in engineering-economic systems from Stanford University School
of Engineering in 1986 and 1988, respectively. She also holds a master
of engineering in systems science and engineering from the University of
Virginia (1981) and an A.B. degree, summa cum laude, in political
science and mathematics from Washington University in St. Louis (1980).
She is a member of Phi Beta Kappa.