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Lally School of Management & Technology
The Lally School of Management and Technology was founded in 1963 as part of Rensselaer Polytechnic Institute. Its current mission is "To develop technically sophisticated business leaders who are prepared to guide their organizations in the integration of technology for new products, new businesses, and new systems."〔http://lallyschool.rpi.edu/main.cfm?p=0&c=4&s=2&L=0&inc=content〕
The school is housed in the Lally Building and in the historic Pittsburgh Building on 110 8th Street on RPI's campus in Troy, NY.
==History==
The Lally school, founded in 1963, is relatively new to RPI, which was founded in 1824. The Lally school was originally solely a management program for engineers. It was originally housed in the Jonsson Engineering Center, and the then Lally Hall, and then finally moved to the larger Pittsburgh Building. The management school was named after Rensselaer trustee Kenneth T. Lally and his wife, Thelma P. Lally. Kenneth T. Lally has been an important member of the Rensselaer community since 1970 as a leader, an entrepreneur, a trusted adviser, and a friend. The Lallys' impact on Rensselaer is quite valuable. They wanted the school to be known throughout the world as the best of the breed. Lally, a successful entrepreneur who saved the historic W.& L.E Gurley Company (now Gurley Precision Instruments), knew the challenge of managing a technological venture. To help the management school gain national prominence, the Lallys gave $15 million, which was, up until 2001, the largest single gift in Rensselaer's history. To honor the benefactors and to more properly reflect the school's unique focus, the school became the Kenneth T. and Thelma P. Lally School of Management and Technology.〔http://lallyschool.rpi.edu/public/about How it got its name〕
The Pittsburgh Building was completed in 1912 and originally contained the administrative offices of the institute, the library, and the Geological and Mineralogical Museum. "It was presented by the members of the Pittsburgh Alumni Association, and has cost furnished about $150,000."〔The New York Times, February 11, 1912.〕
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