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It is a particular pleasure and privilege to be invited to address this conference of the Institute of Personnel Management in its Diamond Jubilee Year. It is an additional pleasure that this should take place during my first year in office as Principal of the London Business School, an honour accorded to my predecessor Dr Arthur Earle who spoke to the National Conference in 1965. A great deal of water has passed under the bridge since that time. Much has occurred in the field of management education which serves as a backcloth to my main purpose which is to make some attempt to delineate what I believe a business school may contribute to management education.

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