Word: mace
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Dates: during 1950-1959
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Somewhat of a traveller, Mace's favorite spot is on the Matterhorn-Zermatt, which is reached only by cog railway. And those who expect to live on an expense account in the future, or like fine food, might want to jot down his pick of New York restaurants: Miako's for steak and lobsters, Christ Cella, and, downtown, Peter's Backyard, on West Tenth Street...
...Mace, unlike many Americans who have worked in private industry, has a great deal of respect for the officers who staff the U.S. military agencies: "They are competent, dedicated men who work for less money than they would receive in private business, and we're lucky to have them. The same goes for the faculties of business schools...
...That Mace is dedicated to the ideals of American Business is all but undeniable, if only from his description of Litton president "Tex" Thornton: "One of the greatest leaders of modern industry...imaginative, insists on sound planning, aggressive, dynamic, inspirational, very high sense of integrity...
...Mace has exchanged Sunday coast-to-coast flights and weekday airborne personnel conferences for commuting between the Business School and his home in Dover. And after helping to raise Litton's sales from $8.7 million in 1955 to $83 million, he has returned to Cambridge to teach and work as caretaker for a foreign business education program...
Having turned out to be an unreformed professor after all, Mace says that the difference between business and academic accomplishment is one of "the tangible versus the real," that the deadline of meeting a class is just as "stimulating" as that of meeting a financial quotation, and the same is true of the Faculty Club when compared with a Los Angeles business men's club...