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Profiles in Leadership by Clients of Hill Research Consultants

 

Dain Rauscher, Incorporated - "One Step Further"

Dain Rausher is one of the nation's top investment banking firms for public schools, grades K-12. Dain Rauscher assists school districts in raising capital, primarily through issuing general obligation bonds, backed by the full faith, credit, and taxing authority of the district. The capital raised by Dain Rauscher generally is used for the construction of new school or administration facilities, or the remodeling and expansion of these facilities.

We have worked closely with the Denver offices of Dain Rauscher since 1994. During that period of time, Dain has taken over first-place among all investment banking firms serving the highly competitive Colorado school market. The partnership of HRC and Dain Rauscher in serving Colorado schools is unique and now other investment banking firms are scrambling to emulate our success.

Dain Rauscher's secret is using HRC and local political consultants to provide election services as well as financial advice and services to districts. For instance, when a public referendum is necessary to approve a financing plan for a school district, Dain and its partners can assist in the analysis of data and the development of research-based strategies for educating the district's voting constituency. Dain Rauscher calls their strategy the "One Step Further" approach that maintains their traditional role as bankers, but enhances and broadens their services to client school districts.


Texas Aggie Corps of Cadets – Teaching the Art of Leadership

At a school that reveres its traditions, no tradition of Texas A&M eclipses that offered by the Texas Aggie Corps of Cadets. But during Texas A&M University's explosive growth of the 1980s and early 1990s, the Corps found itself on the wane. Smaller percentages of freshmen were joining the Corps of Cadets and the drop-out rate was growing. While overall university enrollment was soaring past 35,000 and headed toward 40,000, participation in the Corps was declining in absolute numbers. Some observers wondered if the Corps would survive intact.

Hill Research Consultants was hired in early 1993 to scope out the situation to determine if the Corps' fortunes could be reversed. Interviews were conducted with virtually every relevant party: active Corps members, Corps dropouts, A&M students who were not Corps members, parents of prospective A&M students, prospective students themselves, and faculty and administrators. The research identified five primary problems facing the Corps, two related to recruitment of new members and three related to retention of existing cadets.

The final report by HRC enumerated 14 specific recommendations. One of these recommendations was to enhance the leadership development qualities among Corps members. Happily, the leadership of the Corps embraced the report and its findings, instituting a broad range of revised policies and procedures. The results have been astounding. The Corps of Cadets once again began growing and now more than 2,000 of A&M's 40,000-plus students are members of the Corps of Cadets. A proud tradition has been preserved.

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