REVISED                                                                            September 25-26, 2003


ITEM 120-1004-R0903��������������� Authorization to Confer the Title of Professor Emeritus of Business Administration upon Richard T. Dailey; The University of Montana-Missoula


THAT:�������������������������������������� Richard T. Dailey, Professor of Management, in his 22 years of service to The University of Montana, has merited the appreciation and commendation of the Board of Regents of the Montana University System, and has earned recognition as Professor Emeritus of Business Administration.


EXPLANATION:������������������������������� Richard Dailey received his bachelor�s degree in dairy science from Pennsylvania State University in 1953.� After serving in the U.S. Army, he returned to his alma mater to complete both the M.S. and Ph.D. in agricultural economics. In 1968, he moved west, teaching at both Washington State University and the University of Idaho, before coming to The University of Montana in 1981. His experience as a visiting professor in the Department of Management that year became a permanent appointment the very next year.


During his tenure at The University of Montana, Dr. Dailey guided senior student consulting teams in the Small Business Institute. Because of the excellent real-life experience offered to these students, this course continues as one of the School�s capstones, even after funding through the U.S. Small Business Administration ended. Professor Dailey held offices at both the regional and national levels of the Small Business Institute Directors� Association, as well as being recognized as a �Fellow� of SBIDA. He received the Burlington Northern Foundation Faculty Achievement Award for Excellence in Teaching in 1988.


In addition to linking students with the business community through the SBI, Professor Dailey�s other main interest has been in the international area.� For the 1988-89 academic year, he was named a faculty exchange scholar to Toyo University in Tokyo, Japan.� In 1992-93, he returned to Toyo, while on sabbatical to conduct research at two Japanese companies.� His most recent international honor was as a Fulbright Scholar in Belarus State University during 2001-02.�


Throughout his career at The University of Montana, Dr. Richard T. Dailey has served UM and the community with distinction.� In this dedicated service he has earned the respect of his students, colleagues, and associates throughout the University and the State of Montana.� The Board and the University are grateful.