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CareerLeader® was developed by Drs. Timothy Butler and James Waldroop. Tim Butler is director of MBA Career Development Programs at the Harvard Business School, where he has worked since 1984. Jim Waldroop is the former associate director of MBA Career Development Programs at the Harvard Business School, where he worked for 18 years. Together, they developed the Business Career Interest Inventory (BCII), the Management and Professional Reward Profile (MPRP), and the Management and Professional Abilities Profile (MPAP), which compose CareerLeader®, the Internet-based interactive career assessment.

First made available in 1998, CareerLeader® is currently used by more than 250 graduate business programs and corporations around the world.

Butler and Waldroop's work focuses on two areas of interface between psychology and the world of business: individual management development (executive coaching) and career development assessment and counseling. Peregrine Partners, the company Butler and Waldroop founded and lead, is active in research into the psychological underpinnings of career satisfaction and success, making use of assessment materials from a database of more than 14,000 business professionals.

Butler and Waldroop have worked with a wide range of organizations in both the manufacturing and service sectors, from Fortune 50 corporations to smaller high-growth firms. They have served such clients as McKinsey & Company, GTE, General Electric, Citibank, Sony Music Entertainment, KPMG Peat Marwick, BankBoston, Gillette, Boise-Cascade, Hewlett-Packard, AMS, Spaulding & Slye, Bolt Beranek Newman, Boston Edison, the Dana-Farber Cancer Institute, Mercer Management Consulting, Maximus, Philip Morris, and Pittiglio Rabin Todd & McGrath.