Education

Academic career

• Instructor: School of Business Administration, Tulane University, 1947-1949
• Asst. Professor: School of Business Administration, Tulane University, 1953-1955
• Asst. Professor: Graduate School of Business Administration, Harvard University, 1958-1959
• Associate Professor: School of Business Administration, Tulane University, 1959-1963
• Associate Dean: School of Business Administration, Tulane University, 1961-1963
• Professor: IMDE:International Institute for Management Development, Management Development Institute, Switzerland, 1963-1964
• Visiting Professor: Graduate School of Business, Stanford University, Spring 1967
• Dean and Professor: School of Business Administration, Tulane University, 1963-1968
• Visiting Professor: INSEAD, Management Development Institute, Fontainebleau, France, Summers 1972, 1973, 1975
• Dean and Professor: School of Business Administration, Southern Methodist University, 1968-1975

Positions

• Certified Public Accountant, Louisiana, 1943-present
• Newspaper reporter, New Orleans Item, 1949-1950
• Special Agent, Federal Bureau of Investigation, Washington, D.C., 1950-1952
• Farm Manager, C. J. Grayson Farm, (cotton, cattle, soybeans) Fort Necessity, Louisiana, 1952
• Partner, James E. O'Neill & Associates, an export-import business, New Orleans, 1953
• Asst. to the Vice President for Development, Tulane University, New Orleans, 1953-1955
• Chairman, U.S. Price Commission, Washington, D.C., 1971-1973
• Chairman, American Productivity & Quality Center, 1975-present
• Consultant Panel, Comptroller General of the United States, 1978-1991
• Member of Three Presidential Commissions:
• President Richard Nixon: U.S. Price Commission, 1971
• President Carter: Commission for a National Agenda for the 80's, 1980
• President Reagan: National Productivity Advisory Committee, 1982.
• Retired member of the Board of Directors for Lever Bros., Sun Company, Overhead Door, Tyler Corporation, Whitman Corporation, Potlatch Corporation, Oryx Energy, Harris Corporation, Infomart, Browning-Ferris Industries
• Member of Board of Directors, Global Alliance for Transnational Education:[1]

Articles and Monographs

Books

• Decisions Under Uncertainty: Drilling Decisions by Oil and Gas Operators, Division of Research, Harvard Business School, Harvard University, Boston, 1960

• Confessions of a Price Controller, Dow Jones-Irwin, Homewood, Illinois, 1974

• American Business: A Two-Minute Warning, co-authored with Carla O'Dell, The Free Press, New York, 1988

• If Only We Knew What We Know, co-authored with Carla O'Dell, The Free Press, New York, 1998

• 2000 Named by Teleos:[2], an English research firm, as one of the 10 “Most Admired Knowledge Leaders” in North America.
• 2003 The [American Society for Quality] (ASQ) awards Grayson its Distinguished Service Medal. The medal honors the lifetime contribution of any person who has been recognized as a long-term enabler, catalyst or prime mover in the quality movement.
• 2006 Southern Methodist University names an endowed MBA scholarship in entrepreneurial studies and an annual faculty innovation award in Grayson's honor.