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| | Faculty Minutes, part 5: 7/2/97 |
 | | Spence began by recounting the advice he had received, as a first-year assistant professor, from a very wise older colleague: "If you're teaching something that's highly technical or mathematical [in my field, which is Economics], wear jeans and a T-shirt. |
 | | He stated that the dominant philosophy of the Graduate School of Business at Stanford is "balanced excellence," meaning a balance in commitment to scholarly excellence on the one side and to the needs of its professional constituents on the other. |
 | | The GSB's strategy for the future, Spence related, is to remain relatively small, but to increase faculty size from 85 to 95 or 100, to facilitate a more labor-intensive international and global research and course development agenda as well as some growth in executive education. |
| news-service.stanford.edu /news/1997/july2/minutes72-5.html (462 words) |
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