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A Tale of Two Deans

THEY RAN TWO of the top professional schools in the country for most of the 1990s. Now Law School dean Paul Brest and Graduate School of Business dean Michael Spence are moving on to new projects. They look back at their tenures:

Photo of Brest

Photo of Spence

BREST

SPENCE

STARTED AS DEAN
1987
1990
EXPERTISE
Constitutional law, decision-making and problem-solving
Economics, how markets work
BIGGEST ACCOMPLISHMENT
Established programs in business and technology, environmental law, public interest law and dispute resolution
Introduced global management program that teaches students to work in an international marketplace
HIDDEN TALENT
Accomplished violist
Avid windsurfer
MOST MONEY RAISED IN A SINGLE CAMPAIGN
$88 million
$90 million
BEST JOB PERK
Met Soviet president Mikhail Gorbachev and Czech president Václev Havel
Met his wife, Monica (she was his travel agent), got to know former secretary of state George Shultz
KEY RECRUIT
Richard Ford, an expert on property law and race
Garth Saloner, an expert on industry's use of information technology
MOST SERIOUS MISTAKE
Not building consensus before making decisions: "It was such a common error."
Didn't invest enough early enough in computers for the School
BIGGEST MINOR ERROR
Scheduled faculty retreat for Big Game Day in 1989
Missed the annual student parody show in his first year as dean
FUTURE PLANS
Will serve as president of the William and Flora Hewlett Foundation (assets: $2 billion), which gave out $71 million in grants in 1998
Expects to teach an experimental class in electronic commerce at the School and dabble in the business world