Middlebury Institute of International Studies at Monterey. Formerly the Monterey Institute of International Studies.

Thomas Hout

Visiting Professor

Professor Hout joins MIIS as a visiting faculty from Cambridge, MA where he is an international strategy consultant and Adjunct Senior Lecturer at the Fletcher School at Tufts. He also teaches every year at The University of Hong Kong School of Business. At MIIS, he teaches courses in global business strategy, lean startup methods, and international business consulting. Before teaching, he was a partner at The Boston Consulting Group for 22 years and lived and worked in Boston, London, Hong Kong, and Tokyo. He co-founded the firm’s Operations practice area. At MIIS, he supervises student International Business Plan projects. He has published eight articles in The Harvard Business Review on subjects ranging from global industrial competition to fast operating cycles to leading-edge management practices to industrial competition between China and the West. In addition, he has written over a dozen op-ed pieces in The Wall Street Journal and the New York Times on international business. He is co-author of two books, Japan’s Industrial Strategy and Competing Against Time, the latter of which was a business Best Seller in the 1990s with over 100,000 copies sold in eight languages. His current research interests are China and global industrial competition. He has taught executive education at Harvard Business School and served on HBS Publishing’s Board of Editorial Review. He received a BA in Economics from Yale University and an MBA from Stanford University.
He was a Reserve Officer in the US Navy and is a Vietnam Veteran.

Expertise

Corporate strategy; International business competition at firm and country levels;  Operations link to strategy; China and Japan

Publications

Books:

Competing Against Time, co-authored with George Stalk, 1990.

Japanese Industrial Policy, co-authored with Ira Magaziner, 1980.

    Major articles in Harvard Business Review:

    “A Chinese Approach To Management”, co-authored with David Michael, September 2014.

    "China versus the World: Whose Technology Is It?”, co-authored with Pankaj Ghemawat, December 2010.

    "Tomorrow’s Global Giants”, co-authored with Pankaj Ghemawat, Nov 2008.

    "Are Managers Obsolete?", Mar/April 1999.

    "Getting It Done: New Roles for Senior Managers", Nov/Dec 1995.

    "The Fallacy of the Quick Overhead Fix", co-authored with Mark Blaxill, Jul/Aug 1991.

    "Fast Cycle Capability for Competitive Power", co-authored Joe Bower, Nov/Dec 1988.

    "How Global Companies Win Out", co-authored with Michael E. Porter, Sept/Oct 1982.

      Major articles in Foreign Affairs:

      "Facing Up To the Trade Gap With Japan", co-authored with James Abegglen, Fall 1978.

        Numerous op-ed pieces for New York Times, Wall Street Journal, Asia Wall Street Journal and Boston Globe.

        Course List

        Courses offered in the past four years.
        indicates offered in the current term
        indicates offered in the upcoming term[s]

        MBAG 8510 - Quant Methods for non-MBA      

        Every area of business makes use of data. This course covers a wide range of basic, accessible quantitative tools used in the analysis of data in surveys and reports; data-based decision-making; the building of spreadsheets for the purpose of organizing and analyzing data; the building of basic financial models; and, the use of statistical methods including descriptive statistics, statistical inference, probability applications, and simple and multiple regression, etc. Much of the course will be conducted in Microsoft Excel, which will improve students' Excel skills and introduce them to many new possibilities and tools in data analysis. Illustrations and study problems in the course will be taken from a variety of fields, including business and economics, international and community development, and common everyday phenomena. Emphasis will be on developing practical skills in the analytic use of numbers. The only prerequisite is some rudimentary understanding of algebra."

        Spring 2014 - MIIS

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        MBAG 8618 - Lean Startup Methods      

        Spring 2015 - MIIS

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        MBAG 8651 - Global Business Strategies      

        Every manager needs to understand how markets function. This course applies economic principles to the types of decisions that managers will encounter. That may include understanding how markets function, using different techniques to make optimal pricing decisions, and exploring what shapes supply and demand under different conditions. We will also look at other traditional micro-economic concepts such as price elasticity of demand and income elasticity of demand, production and cost functions and profit maximization.

        Summer 2013 - MIIS, Spring 2014 - MIIS, Summer 2014 - MIIS, Spring 2015 - MIIS, Summer 2015 - MIIS

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        MBAG 8693 - Intl Business Consulting      

        This course will address the key activities involved in delivering management consulting services to multinational corporations. Elements covered will include identifying consulting opportunities, framing the question with the client, developing the proposal, managing the engagement, delivering the results, understanding organizational change implications, managing client relations and client follow-up. The course will be delivered in a case format illustrating how the above elements were used in actual client situations that have been successfully carried out by the professor and his consulting teams. Students will have the opportunity to develop a client proposal and engagement plan.

        Spring 2014 - MIIS, Spring 2015 - MIIS

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