The Role of Public Policy in the Corporate World

Katherine was recruited to join a subsidiary of AT&T just as the monopoly of the famous Bell System, otherwise known as AT&T, was breaking up. The court order mandated the formation of seven “Baby Bells” for the delivery of local phone services and one patchwork combination at the national level of the long distance business, the prestigious Bell Laboratories and a manufacturing entity known as Western Electric. The transition of this  combination from these three disparate parts of the old Bell System into a newly constituted AT&T was a strategic challenge – transitioning from a monopoly in control of its telecommunications products and services to a competitive business world while retaining an enlightened human resources policy.  When the dust settled, Katherine was working as a government relations executive for the entire (and new) AT&T in Washington, DC. Continue reading “The Role of Public Policy in the Corporate World”