In an April 1960 memo to the HBS faculty, Dean Teele summarized the state of ITP, and what had been learned accomplished up to that point:

"During the four years, 1956-60, 70 foreign teachers from universities, management institutes, or governments of 22 different countries have studied at the Harvard Business School. Sponsorship for the first two years was largely by the European Productivity Association (EPA) and the International Cooperation Administration (ICA) of the U.S. Department of State. The creation of an International Teachers Program (ITP) was approved by the Faculty as a regular academic program in 1958-59.

"Most of the visiting scholars have been university or college teachers of the rank of Instructor or Assistant Professor, although a few have been full professors. Several has been government officials or business men with responsibilities for the teaching and development of managers.

"The ‘multiplier effect' of training these teachers has become particularly evident through reports and letters from alumni of the programs. They are teaching new courses by the case method, organizing short courses for business executives, and publishing articles on business education.

"The third ITP begins in September, and an estimated 28 participants are expected. Faculty members from Spain, Chile, Indonesia, India, Mexico, Pakistan, Egypt, and Saudi Arabia are among the applicants, as well as representatives from most of the European countries. . . "