October 18, 1991
TO: HUMAN RESOURCES AND TRAINING WORKING GROUP NO. 1-91
RE: Progress Report and Date of Next Meeting
__________________________________________________________
Since our meeting on August 22, the Institute staff has
been busy putting together a structure that will enable us to
better respond to the needs of human resources and training
personnel within the investment company industry. I am pleased
to inform you that Doug Gehrman, Senior Vice President, Human
Resources for American Capital and Management & Research, Inc.,
Houston, TX has agreed to chair our working group.
In our memo to you dated September 17, we advised that we
would have four task forces. However, after considerable thought
and discussion with Doug, we have decided to combine the
personnel and organizational issues into one task force. We
believe these three task forces will effectively represent, and
bring to the full working group, the broad array of issues that
confront human resources and training personnel. I am pleased
that the following individuals have agreed to serve as chairs for
the three task forces:
Compensation and Benefits
Chris Walsh Newman
Vice President
Scudder, Stevens & Clark
Boston, MA
Training and Registration Issues
Ann Murphy
Ass't Vice President & Manager of Training
and Human Development
The Boston Company Advisers
Boston, MA
Personnel and Organizational Issues
Michael Festa
Vice President, Human Resources
Keystone Group, Inc.
Cambridge, MA
Please refer to the enclosed report for a listing of individuals
who have agreed to serve on the various task forces.
We have scheduled the next meeting of the committee for
Tuesday, November 19 at the Vista Hotel here in Washington. We
plan to hold separate concurrent meetings of the task forces
beginning at 10:00 am, followed by a meeting of the full
committee. Our meeting should conclude by 4:00 pm. What we hope
to accomplish at this next meeting is to begin the process of
identifying the issues that we believe are important and
establishing a mechanism for responding to those issues. It
would be helpful for you to come to the meetings prepared to
discuss those issues on which you believe we should focus our
attention.
Please complete the enclosed registration form to let us
know if you will be attending the meetings on November 19. Be
sure to indicate which task force meeting you prefer to attend.
We look forward to seeing you next month.
Thomas S. Simmons
Vice President - Administration
Enclosures