The Eugene C. Eppley Center for Graduate Study at Michigan State University, East Lansing, Michigan. of ALPHA KAPPA PSI :�t. A �AGAZINE DEVOTED TO FRATERNITY, COLLEGE, AND BUSINESS INTERESTS. ,. SUMMER, 1961 VIEWS AND NEWS Richard M. Nixon, former Vice President of the United States and 1960 Re1mblica11 nominee for President, was warmly greeted upon his return to Los Angeles. Above photog1·aph shows him at a reception for public officials shaking hands with Kurt Halm (A. Zeta '59) who is a career public administrator in the Office of the City of Los Angeles' Adntlnistrative Office1·. Rachel M. J{netch, sponsored by Delta XI Chapter at Hamline Unive1·sity, was elect­ ed Winter Weekend Queen for 1961. This is the second year in which Delta Xi has sponsorccl the ,vinning queen. An im1>ortant event for Alpha Upsilon Chapter at the University of California in Los Angeles during the past year was the cmtfening of honornry membe1·ship upon Mr. Donald Douglas, Jr., president of the Douglas Ah·craft Corp. In the above photogaph are, left to right, George Smith, past president of the chapter; Ea1·1 Rippee, regional director; Mr. Douglas; Eel Koch, cha1iter aclviso1·; Charles Ruiz, presiclent; Donald Anclerson and Thomas Rice. Dale Shadlmrn, past president of Delta Nu Chapter at the University of Dayton and chail-man of the Keitl1 Boyc1· Memorial Scholarship Fund Committee, checks with Miss Dee McAnespic, secl"Ctluy of the uni­ versity's 1n1blic relations office, concerning the status of the fund. Delta Nu members Gamma Psi Chapter at Niagara University, at the request of Rev. George E. l{roclc, C.M., raised money for it by selling football and secretary of alumni, completed a s1nvey of 2,241 ahunni. The survey began in 1959, was basketball prngrams, and by the resale of finished in 1961, and was published in tlie Niagai·a Eagle, alumni magazine. Working on the basketball tickets. Its total now amounts to final repo1·t are, I. to r.: John Spano, Al Baranowski, Frank Duran, Bob Presutti, and $1,840. Jim Rogers. Chamber of Commerce Executives Studied HAT you were may well deter­ mine what you are. Your edu­ W cation, family and financial his­ tory, work experience and leisure-time activity seem to determine how success­ ful you are in the business world, ac­ cording to a research study recently completed for American Chamber of Alpha Kappa Psi, a professional business fraternity, was founded in Commerce Executives. The year and a 1904. The Diary, its official magazine, was established in 1908, half long study, one of the most com­ prehensive research projects ever car­ ried out on a group of managers, was VOLUME L SUMMER, 1961 NUMBER 4 initiated by ACCE's Management Stand­ ards Committee and c'onducted by Tam­ pa, Florida's management consulting In This Issue firm, Byron Harless & Associates. The study had as its objective the goal of 2 Ethics in Business identifying what specific background 3 Executive Career Planning history factors lead to success as a top 7 Chicago Conducts Management Training Program executive. 8 Awards for a Personal Code of Business Ethics While the full report on this research 9 Letter lo a Young Businessman 10 Association of Schools of Business Meets in Seattle over 200 pages, some of the most ran 11 Discriminate Taxation of Small Business-a Paradigm significant characteristics of the success­ 13 Business Books ful executive can be briefly summa­ 14 Honorary Members rized. One of the findings was the indi­ 14 New Graduate Center at Michigan State cation that the successful Chamber top 15 Alumni News executive probably would have suc­ 18 Photographs of National, Regional, and Foundation Officers, and Chairmen of National Committees ceeded also had he entered business and 22 The Audit Eternal industry. He compares, in terms of his 23 Directory of Members in New York Stale-0 lo Z background, favorably with the top 30 A Gift to the A. K. Psi Foundation Can Save You Money executive of large U. S. corporations. 33 Chapter Service Projects For example, there was ample indica­ 34 Chapter Research Projects tion from this study that (1) the Cham­ 35 Kappa al Oregon Reactivated ber top executive is an administrator 36 Map-Reorganization of Regions 37 Regions of Alpha Kappa Psi Increased to 12 and organization man, (2) he is well 38 Regional Conferences in 1961-62 educated, (3) he has a strong basic 39 Midwest Conference at Wyoming need to achieve high standards of suc­ 39 Southeast Chapters Meet in Birmingham cess, ( 4) he has intellectual inclina­ 41 W estcentral Conference Held in Chicago tions, and (5) he has strong interest in 42 1962 National Convention in Milwaukee philosophical and social issues. A size­ 43 Letters 44 Report on the Personnel Directory able percentage had graduate degrees, 4,5 Be a Life Member! Receive The Diary for Life and nearly 70% had obtained at least 46 Directory of National, Regional, and Chapter Officers a bachelor's degree. 50 National Committees, 1959-62 The typical successful Chamber exec­ 50 Alpha Kappa Psi Foundation utive has shown a significant pattern 51 Personal Data Sheet for Employment Directory of leadership in high school and college. Almost all had engaged extensively in A MAGAZINE DEVOTED TO FRATERNITY, COLLEGE, AND BUSINESS INTERESTS a large number of extracurricular ac­ tivities-particularly those that dealt with skill in communications, such as Office of Publicati.on: 1201-5 Bluff Street, Fulton, Missouri. debating, oratory, and writing for the Editorial Office: 111 East 38th Street, Indianapolis 5, Indiana. school paper or year book. Also, in ad­ IMPORTANT: The postal laws require prominent display of address of dition to being an active participant in off'tce of publication. Please note that this does not mean that correspondence such organizations, he almost invariably concerning general fraternity matters should be sent to the publishers. All was a leader in terms of holding offices. such matters should be addressed to Alpha Kappa Psi Fraternity, 111 East 38th Street, Indianapolis 5, Indiana. In one random sample of the successful group, 41 % had been president of one The Diary of Alpha Kappa Psi is the official publication of Alpha Kappa Psi Fraternity, professional fraternity in commerce, a charter member of the of his high school classes. The typical Professional Interfraternity Conference. John D. Sparks, Editor, 111 East 38th successful executive had frequently Street, Indianapolis 5, Indiana. Published under the direction of the Executive come from a stable, middle class fam­ Committee in the Autumn, Winter, Spring, and Summer. Subscription price, $5.00 per year; single copies, $1.25 each. ily. The majority had either had to All matter intended for publication must be in the editorial offices, 111 work while growing up to help provide East 38th Street, Indianapolis 5, Indiana, on the first day of the month pre· ceding the month of publication: i.e., October 1 for Autumn issue, December 1 for their education, o_r even where it for Winter issue, February 1 for Spring issue, April 1 for Summer issue. was not absolutely n,ecessary, most had Second-class postage paid at Fulton, Missouri. Statements made or opinions expressed in this publication do not neces­ worked at least part of their way sarily represent the opinions or policies of Alpha Kappa Psi Fraternity or through college. its members. 2 THE DIARY OF ALPHA KAPPA PSI OT since the turn of the cen­ such weapons to be put in the hands tury, when "the trusts" were of the enemy. After consultation blamedN for everything that was im­ with the President, I have asked a perfect in our society, has the repu­ group of distinguished citizens to tation of business been in such jeop­ study the steps business can take ardy as it is today. to develop the highest possible stand­ Now, as then, it is possible to sup­ ards of ethical conduct. A total of port the criticism with facts about 24 representatives of business, the a few unpleasant episodes. The pub­ clergy, the press, and education (in­ lic has been shocked by the con­ Ethics cluding some deans of schools of spiracy to fix prices in the electrical business) have been invited to work industry, conflicts of interest in the • on this crucial problem.I am hope­ automotive field, and instances of Ill ful that together we can produce collusion between management and some guide lines and procedures certain corrupt unions. that will help all of us think this Actually, business today almost problem through. without exception operates on a Business This is no easy task we are under­ much higher plane than it did 60 or taking. As the President has said 70 years ago. The so-called robber with regard to the related matter of barons of the 19th Century are a ethics in Government, the problems virtually obsolete species.They have BY LUTHER H. HODGES "have become so complex as to defy given way to men with an awareness easy common sense solutions on the of their social responsibilities. Secretary of Commerce part of men of good will seeking to Today the serious ethical prob­ observe the highest standards of lems in business are largely dif­ conduct ...." ferent. The Government is armed Nevertheless, we cannot allow the with laws to cope with the obvious difficulties to dissuade us from mak­ evils of price-fixing, labor-manage­ ing the attempt to formulate some ment collusion, and the like. The guide lines, which different business difficult situations are in the grey groups can adapt to fit their particu­ areas of management decisions lar problems. which laws do not, and probably Any codes which may evolve will cannot, cover.