by Eric
This past month hundreds of students, alumni, current and former faculty, and friends of the College of the Holy Cross gathered in St. Joseph's Memorial Chapel to celebrate the life of Rev. John E. Brooks S.J. Father Brooks served as the President of the College from 1970 to 1994 and, until his death, remained a very active and visible member in the community through his work as President Emeritus and the Loyola Professor of the Humanities in the Religious Studies Department.
This past month hundreds of students, alumni, current and former faculty, and friends of the College of the Holy Cross gathered in St. Joseph's Memorial Chapel to celebrate the life of Rev. John E. Brooks S.J. Father Brooks served as the President of the College from 1970 to 1994 and, until his death, remained a very active and visible member in the community through his work as President Emeritus and the Loyola Professor of the Humanities in the Religious Studies Department.
Following
my graduation from the College of the Holy Cross, I served as a staff
member in the Development Office at the school. During these two years, I
had the great pleasure of delivering three newspapers (The Wall Street Journal, The New York Times, and The Telegram & Gazette) to
Father Brooks each morning. While Mitch Albom might have had Tuesdays
with Morrie, I was fortunate to have five minutes with Father Brooks at
the start of each day. Though I had never formally met him as a student,
I was certainly aware of his nearly fabled legacy as President. During
his presidency, he led the college to coeducation,
committed to increasing diversity on campus, and strengthened the
finances of the college through balancing the budget and increasing the
school's endowment from $6 million to $150 million during his 24 year
tenure. Much like how I believe Dorothy must have felt standing before
the the great and powerful Oz, my early conversations with Father Brooks
were met with much trepidation and delicacy. During those first few
weeks, we exchanged pleasantries, commented on the weather ("Had enough of this rain?", recapped the previous night's sporting events ("How 'bout those Celtics?" - now you see how desperate I was!), and shared our weekend
plans. As time passed, our conversations transcended the superficial
as I became more inquisitive and Father Brooks enthusiastically opened
up to discuss academic politics, share war stories (both literal and
figurative), and provide insight into his strategic visions through both
retrospect and future hope.
Long-term Returns
As I reflect on the life and work of Father Brooks, I can't help but
draw parallels between the exemplary leadership and forward thinking he
exhibited during his presidency and those themes that repeatedly arose
during classroom discussion in Professor Bob Radin's Boards & CEOs, a corporate governance seminar I took during my last semester of business school. In Lorsch and Khurana's Harvard Magazine May/June 2010 article, "The Pay Problem", they wrote:
"For most of the twentieth century, the large public corporation was regarded as both an economic entity and a social institution. Shareholders were but one of several constituencies that stood in relation to the corporation. Corporate decisions were evaluated not only by their specific economic results, but also with an eye toward their moral and political consequence. Today, corporations are typically described in terms of economic and financial consideration alone."
Unlike many of today's business leaders who act as "relentless,
self-interested free agents ready to make tracks out of their companies
and sacrifice the long-term for immediate gains," Father Brooks always
used a holistic (social, political, and theological) framework when
evaluating his presidential decisions. In his homily, Father Earl
Markey, S.J. delivered:
"He [Brooks] began his presidency with the purpose of bringing the College into the 21st century, and making the College a liberal arts college competitive with the best in the nation. He never wavered from that goal and said, at his retirement, that he honestly never made a decision that he did not think was in the best interests of the College. He said he may not have been right all the time, but he never made a decision that he did not think was in the long-term good of the College."
Father
Brook's strategic plan served as the real driver of the College's
long-term sustainable success. Many of his decisions were not popular at the time he made them. One can only imagine the resistance and criticism he faced when he decided to spearhead the
proactive recruitment of African Americans in the wake of the Martin
Luther King, Jr. assassination, or when under-performing sons of loyal
alumni lost admissions slots to top-notch female candidates in the
1970s, or when he became a founding member of the Patriot League (an
athletic conference known for its prohibition of athletic scholarships)
in spite of protests from die-hard Crusader fans who bled purple and
lived for a Holy Cross/Boston College face-off. While some of these
controversial decisions may have caused temporary setbacks for the
President and the College, each was made through trust in their
long-term returns. Flash forward several decades later and the school is
a much stronger institution today because of the foresight and the
perseverance of John Brooks.
Moral Obligations
Prior to his death, Father Brooks sat down with The Today Show to
discuss the story of his recruitment of 20 African American students to
attend the college during the radical sixties. Of those he hand-picked
to join the college community, some of the most notable alumni in the
class include (Supreme Court Justice Clarence Thomas and Pulitzer Prize
Winner author Edward Jones). Fortunately, this story is explored further
in Diane Brady's book Fraternity.
On this topic, Brooks speaks of how a moral obligation propelled his
actions during this pivotal time the College's history. While it has
become corporate chic to throw around words like core values and ethics in
the boardroom, it would be interesting to see how many executives today
have the courage of John Brooks to allow their moral compass to direct
their business decisions. The Presidency of Father Brooks is a concrete
example of how one can lead morally and justly while still balancing the
books.
Earlier this year, I had the great pleasure of meeting with Warren Buffett.
Buffett and Brooks have two very important things in common. Both are
men who believe in principled leadership. In his July 2010 letter to
Berkshire Directors, Buffett wrote, "We can afford to lose money - even a
lot of money. But we can't afford to lose reputation - even a shred of
reputation. We must continue to measure every act against not only what
is legal but also what we would be happy to have written about us on the
front page of a national newspaper
in an article written by an unfriendly but intelligent reporter." Like
Buffett, Brooks frequently made decisions that weren't popular but were
thoughtful, just for society, and meaningful for the evolution of his
small liberal arts college in Massachusetts. Secondly, both Warren
Buffett and John Brooks shared the same taste in office decor. Both men
had a print of Ted Williams' first at-bat with the Boston Red Sox. The
photo was taken in April 1939 on Fitton Field at Holy Cross. As a
tribute to the late Rev. John E. Brooks, I have recently purchased and
framed the same print to proudly display my new office. Hanging on my
wall, this photo will serve a reminder of those core values reinforced
at the Carroll School of Management and the ethical oath many of us took before embarking on our future careers.