Henderson to shift his thinking beyond the bankruptcy of mainstream economics. He began to imagine a new and far more powerful kind of economics. The realization that organizations are not static machines but complex, dynamic systems that learn from experience led him to begin seeing companies as living, growing organisms. Following this logic, Henderson began to argue that the competition in the economy's market niches was remarkably like competition in nature's ecologic niches. The article "The Origin of Strategy" (1989) in this area was the last article he published. Personality and style Favorite quotes An engineer by training, Henderson never tired of quoting Archimedes to aspiring staff: "Give me a lever and a place to stand, and I will move the world".—Carl W. Stern, 2006 He was fond of quoting Jay Forrester: "While most people understand first-order effects, few deal well with second-and third-order effects. Unfortunately, virtually everything interesting in business lies in fourth-order effects and beyond"—Carl W. Stern, 2006 Awards and recognition In 1953, President Dwight D. Eisenhower appointed Henderson to a team of five analysts who evaluated foreign aid programs in Germany under the Marshall Plan. Henderson was named one of Time magazine's top 10 newsmakers under 30 years old. In 1978 Henderson was inducted by Vanderbilt's School of Engineering as a Distinguished Alumnus. Henderson received the Distinguished Alumnus Award in 1985 by the University School of Nashville, from which he had graduated in 1932. Upon his death, the Financial Times stated that Henderson "did more to change the way business is done in the United States than any other man in American business history". The Bruce D. Henderson Chair in Strategy was endowed by Bruce's wife Bess after his death at the Owen Graduate School of Management of Vanderbilt University. The Boston Consulting Group Bruce D. Henderson Chair in International Management was endowed by BCG in 1995 at INSEAD. It is currently held by W. Chan Kim. The Bruce D. Henderson Scholarship was endowed in 1985 by the Boston Consulting Group to honor Henderson and awarded to the MBA student at the Owen School of Management of Vanderbilt University, who, during the first year, achieved the strongest record in personal, professional, and academic performance. The Boston Consulting Group launched the BCG Henderson Institute in honor of Henderson on his hundredth birthday. In January 2018, the BCG Henderson Institute was ranked the third Best For Profit Global Think