In Depth
What makes a profession?
» An ethical framework
A forward step
In January 1924, Bishop Lawrence wrote to New York banker Thomas Lamont about his recent conversations with legendary banker George F. Baker on the subject of the Business School.
“I started in with telling him that he and I were in the same boat, he having been in the banking business for fifty years, and I being saturated with business through my father and two grandfathers. He immediately recalled a business adage of either my grandfather or great-uncle which he said he had often used.
“The point that I tried to make was that with the enormous development of business, and the hundreds and thousands of business men, small and great, a definite forward step had got to be made in sustaining the ethical standards of himself, and those of other days; and that the one spot which which that influence was to come, at all events at first, was the Graduate Business School of Harvard University.”
George Baker