Bryant University Bryant Digital Repository Douglas and Judith Krupp Library Special Bryant Review (1978-1997) Collections 12-1988 volume 11, no. 4, Winter 1988 Bryant University Follow this and additional works at: https://digitalcommons.bryant.edu/bryant_review Recommended Citation Bryant University, "volume 11, no. 4, Winter 1988" (1988). Bryant Review (1978-1997). Paper 41. https://digitalcommons.bryant.edu/bryant_review/41 This Newsletter is brought to you for free and open access by the Douglas and Judith Krupp Library Special Collections at Bryant Digital Repository. It has been accepted for inclusion in Bryant Review (1978-1997) by an authorized administrator of Bryant Digital Repository. For more information, please contact [email protected]. Bryant College Al umni Association Presents For the Bryant Community, Alumni, Their Families and Friends International Finance In London With Dr. Chantee Lewis Bryant Professor & Graduate Finance Coordinator Wednesday, August 9 - Thursday, August 17, 1989 9 Days London Stock Exchange. Lloyds of London. International Tea Auction International Financial Futures Exchange. The Metals Exchange Special Talks by London Business Experts London Sightseeing. Windsor Castle. Top London Theatre Performance Thames River Cruise and More ... Your International Finance In London Program Includes: • Round-trip air transportation on major • All land transportation by private scheduled airline from Boston. motorcoach. • Seven nights Superior First-Class hotel • Full-time services of an experienced accommodation. Travel Concepts courier. • Breakfast daily. Three dinners and one • All porterage, taxes and service charges. Pub lunch. Direct Departure From Boston $2395 Per Person (Double Occupancy) ~NORTHWEST Single Supplement $350 Contact Jill T. Nosach, assistant director of alumni relations, for reservations. 401-232-6040. BRYANT REVIEW Winter 1988 Volume II, Number 4 5 The Export Assistance Center: Bringing Down the Trade Deficit Through Small Business Editor Elizabeth O'Neil Associate Editors Helen Jones-Toms 7 International Awareness: Jeannine Wilson First Step in Preparing Global Business Leaders Officers of the Col/ege William T. O'Hara president of the college 8 First Visiting Scholar, William E. Trueheart executive vice president M agaziner, Enjoys International Reputation James W. Robinson vice president for academic affairs David Simpson 10 Presidential Perspective, interim vice president for business affairs State of the College Address Nena Thames Whittemore vice president f or institutional advancement Leslie L. LaFond vice president for student affairs BRYANT REVIEW (USPS 462-970) (ISSN 0892-0214) is published four times DEPARTMENTS a year in Spring, Summer, Fall and Winter for the Bryant College commu­ nity. Publication offices are located in the Publications and Advertising Office, 4 Bryant Briefs Bryant College, 450 Douglas Pike, Smithfield, Rhode Island, 02917-1284. Second class postage is paid at 13 Sports Providence, Rhode Island. Postmaster: Send address changes to Bryant Review, Box 2, Bryant College, 450 Douglas Pike, Smithfield, Rhode Island 02917-1284. 17 Class Notes Quickly . .. Bryant Briefs . Leadership Forum Series III began the Foreign Investors ''Buying into America," Authors Warn fall semester with a presentation titled "Organizational Renewal in an Interna­ numerous books and articles. In their tional Economy: Implications for Leader­ latest offering, "Buying into America: ship Education." The forum was led by How Foreign Money is Changing the Irving Spitzberg. Jr. and Virginia Face of our Nation," they warn that the Thorndike. prinCipals in the Knowledge United States is being compromised by its Company. Formerly general secretary of dependence on foreign investments. A the American Association of University lack of concern about foreign investors Professors. Spitzberg has written exten­ buying up our country has resulted in the sively about leadership and is currently creation of "the land of the free and the conducting research in higher education home of the deficit," the authors say. leadership. He holds degrees from America must regain control of its eco­ Columbia. St. Catherine's College. nomic destiny, say the Tolchins, because Oxford. and Yale Law School. Thorndike the statement that "money is neutral" is a has conducted leadership development myth. It can and does buy political workshops and is currently studying influence in America. gender and leadership. With Spitzberg. she is also writing in the area of cross­ Foreign investors already own 21 percent cultural leadership. The forum was coor­ of America's banking assets, and, if the dinated by Professor Ronald DeJuga . Susan and Martin Tolchin, authors of the current pace continues, they will control 70 percent by the year 2000. They also ... Howard N. Kay was recently critically acclaimed book, "Buying Into own 40 percent of the machine tool appointed associate vice president for cor­ America," spoke at Bryant October 13 . industry in this country and large per­ porate and college relations. Kay pre­ They inaugurated the 1988-89 Bryant centages of real estate in our major cities, viously served as executive director of Forum lecture series, which brings some according to the authors. corporate and community affairs. A of America's leading business authors to Naval Academy graduate and a veteran of campus, with their presentation on, The Tolchins offer a series of remedies for 36 years with the US Navy. Kay. while a "Foreign Money: Trojan Horse or Gift this potentially dangerous situation, in­ captain. served as the first commander of Horse?" cluding the restriction of foreign invest­ the Navy 's Education and Training Center ments where they are seen as "impediments in Newport from 1973 to 1978. Following Martin Tolchin, a prize-winning New York to national security," and legislation that his retirement from the Navy. he was Times Washington correspondent, and his mandates certain levels of US ownership named director of corporate affairs for wife, Dr. Susan Tolchin, a professor of in critical industries, such as banking and the Outlet Company. later Outlet public administration at George high technology. Communications. Inc. He held that Washington University, are the authors of position until he joined the Bryant staff in 1985 ... Litoff Honored at Convocation . Bryant's first official history book. titled History Professor Judy Barrett Litoff was Bryant College: The First 125 Years, written honored by her colleagues at Bryant's by Valerie Quinney and edited by Peter annual Convocation September 14 when Mandel and Elizabeth O'Neil, was pub­ she received the 1988-89 Distinguished lished last spring and won a bronze medal Faculty Award. in a prestigious national competition sponsored annually by the Council for the In accepting the award from Faculty Advancement and Support of Education Federation President Joseph A. Ilacqua, (CASE) .. Litoff said she was "thrilled" and "very grateful" to be recognized by a true jury of her peers, "those individuals who know your strengths and your weaknesses, who 4 (continued on page 14) The Export Assistance Center: Bringing Down the Trade Deficit Through Small Business by Helen Jones-Toms, associate editor Throughout this election year, the candidates associate director of the RISBDC who repeatedly expressed their concerns for heads the Export Center. "Others fear the the country's national security regarding cultural barriers and don't export. And Soviet relations and arms control. How­ then there are those that don't have the ever, as columnist Mark Patinkin notes, resources or expertise to go overseas on "The threat of our time does not center their own. At the Export Center, we've on the Russian military bases, it centers got the research, training, and basic infor­ on Korean factories, Japanese research mation they need to compete in inter­ labs, German technology, and the French national markets." export machine." The three main components of the Export To prove his case, Patinkin cites a report Center are free one-on-one consultations, by the Washington research firm , Council informational services, and low-cost for Competitiveness. The report states training seminars. that in 1970 the United States manufac­ tured 90 percent of all phonographs and "We're developing a network of consultants color televisions. By 1987, those percent­ with backgrounds in international busi­ ages slipped to a mere I and IO percent, ness," says Fogarty. "Our goal is to have respectively. Last year the losses in the 50 consultants available year-round to our color television market alone amounted to clients. At this time, we've got more than $4.5 billion. 30 from the academic, private, and public sectors." These consultants include mem­ Although overall exports rose during the bers of the Bryant faculty, area law firms first half of this year, the trade deficit has practicing international law, and Big been at its highest levels in the past decade. Eight and area accounting firms as well as One of the ways the federal government retired executives and private individuals. hopes to combat the deficit is with the help of small and mid-size businesses. Fogarty notes, "The consultants are the heart of the Export Center. They're pro­ A recent report by the US Department of viding personal, customized, practical Commerce indicates that between 25,000 assistance as well as encouragement to and 40,000 small to mid-size firms manu­ our client companies." facture goods that can be competitive