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Show I am, of course, pleased and delighted to be the second recipient of the Ernest C. Arbuckle Award. As you can see from his remarks, Ernie and I do not come here as strangers and finishing second to Ernie is no new experience for me. I met him first when our respective teams were playing for the intramural football championship at Stanford. His team won. He graduated before I did, although I was gaining on him. He went to work for Standard Oil before I did, went into the Navy before I did, got married before I did, became a Stanford Trustee before I did. About the only time I led the way was when we went to work for Golden State and there are those who would say that that was a mistake. In a more serious vein, I am genuinely pleased and proud to receive the Ernest C. Arbuckle Award. It is particularly appropriate that the Award bears Ernie's name, for he has in large measure been responsible for elevating the Stanford Graduate School of Business to the preeminent place that it now occupies. The part that I played in persuading Ernie to become Dean was a certain contribution that 1 made in my years of endeavor to serve Stanford. Some may feel that not all the changes at Stanford or elsewhere are improvements, but certainly the Stanford Business School is a vastly better institution now than ever before. Its faculty is better, its facilities are better, its courses are better, and its students are better. And this trend will continue, for no business -3- |