Tuck School
Tuck is now well into its first term and both students and faculty have settled into the routine. Everyone is busy - the overall scope of the Tuck operation continues to increase - and the days seem to grow shorter.
Generally speaking, the academic side of the total Tuck program has not changed significantly. However, the supporting activities in which the faculty are involved - conferences, seminars, meetings with businessmen and other academicians - are constantly increasing and adding severe burdens to their schedules.
It is difficult (practically impossible in this space) to describe all the activities in which individual faculty members and the School as a whole are involved. To give you a rough idea, however, I would like to mention a few things that have taken place in recent months.
Under the leadership of Associate DeanRonald F. Wippern and Prof. Richard S. Bower, Tuck has established a Center for Quantitative Research in Finance sponsored by the Institute for Quantitative Research in Finance, based in New York City. It is one of three centers in the United States. Due to Tuck's pioneering work on timesharing computer applications in financial analysis, this was considered to be an ideal location for a center. It will involve a number of Tuck faculty, some of whom are already working on research projects sponored by the Institute.
Tuck has always felt that it should be responsive to the needs of the community, and two conferences last summer will illustrate this involvement. In August Tuck hosted a group of city managers and legislators to explore possibilities in computer time-sharing which would be beneficial to city planning and management. The basis for this conference was a research project financed by Federal Government Title I funds and directed by Professor Bower and Stephen L. Whitman T'67 who remained in Hanover last year to coordinate the research for this project. The conference looked, into possibilities for computer utilization in small units of government in such matters as capital equipment funding, billing procedures, engineering programs, etc. In a second conference, Tuck reached out to share its know-how with hospital administrators. Approximately fifty administrators from community hospitals throughout New Hampshire and Vermont participated in this computer timesharing workshop directed by Profs. Christopher Nugent, Thomas Vollmann and Richard Bower. Student research assistants were very much in evidence at these conferences, both in preparing the material and in presenting various subjects.
Turning to another area, four faculty members spent a considerable amount of time abroad during the past year. As previously reported, Prof. Charles S. Mayer journeyed to England twice to continue his research in the Marketing area and had the pleasure of presenting a paper in Bermuda. Prof. J. Brian Quinn spent a year abroad completing the European phase of his work on Technological Transfer through International Companies. He interviewed business leaders in England, France, Italy, and Germany and spoke at several conferences focusing on his current research.
Just prior to the start of the fall term, Prof. Wayne Broehl traveled to India to investigate the possibilities of a new long-term research project to analyze the Indian business and entrepreneurial patterns. Before returning to the United States he stopped briefly in the Soviet Union to investigate some of the latest developments in the "democratization" of the Russian business system, a subject to be explored this fall in his Business and Society course.
Prof. Frederick E. Webster Jr. traveled to Johannesburg, South Africa, where he taught at a Corporate Executive Institute sponsored by the University of Witwatersrand in Johannesburg. Busy in the States as well, he appeared on the program at the American Marketing Communications Meeting in Denver and chaired a sessioa at the Institute of Management Sciences Conference in Cleveland.
Tuck was Honored by having its three Marketing professors, Kenneth R. Davis,Charles S. Mayer and Frederick E. WebsterJr., appear on the same program at the Marketing Communications Meeting in Denver. This is probably the first time that a school's entire Marketing staff has been so featured. Busy in the publishing field, Professors Davis and Webster published their important books "Sales Force Management" and "Readings in Sales Force Management" and, apparently, they have already become required reading at a number of leading institutions.
Before closing, I would like to briefly review two highly successful alumni activities. As mentioned last month, the Karl A. Hill Fellowship Fund went over the top and is still growing. A total of $27,332 has been received to date and we hope to add to this fund each year. Karl was instrumental in establishing the criteria for the scholarship and the first award has been made to Richard T. Hearn, a Tuck-1 student. Scholarship assistance is one of the most pressing needs at the Tuck School and we are all extremely grateful to those alumni, friends and associates who responded so generously.
The Tuck Alumni Fund exceeded all expectations this year and gave us an indication of things to come. Restricted, during the current Dartmouth Third Century Fund, to Tuck graduates who previously graduated from institutions other than Dartmouth, over one-third of these alumni contributed approximately $8,000 to the general operating expenses of the School. A great deal of thanks for a job exceedingly well done goes to Alumni Fund Chairman William M. Tetrick T'39 and the following Class Agents who worked hard and well to rally their classmates: David Lubrano T'56, William Lynch T'57, David Donahue T'58, Paul Mc-Gourty T'59, Alan Pesky T'60, Jack Swenson T'61, Stuart Mac Donald T'62, Judson Pratt T'63, David Jung T'64, Peter KalustianT'65, Gerald Hayes T'66, and Peter GillespieT'67.
I am sure you all realize how vital this support is today and will become in the years ahead. Dean Hennessey and all the Faculty join me in expressing our deep gratitude to all who are doing so much.
