Word: armstrong
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Dates: during 1990-1999
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Charlotte Horwood Armstrong '49 manned the first Radcliffe crew and received her law degree as part of the first Harvard Law School class containing women...
...during the 1998-99 academic year, Armstrong capped her Harvard career with a yearlong stint as president of the University's Board of Overseers, where she was involved in negotiating Radcliffe College's transition into a new Institute for Higher Learning...
...from MCI WorldCom and Sprint. Also worrisome: AT&T's wireless-telephone business is in danger of being lapped by Sprint PCS. MediaOne provides AT&T with sorely needed growth opportunities in previously closed markets, particularly local telephone. "That's what AT&T really knows how to do," says Armstrong. "We're going to be the lowest-cost product out there...
...hard to believe that just over a year ago, when Armstrong laid out his strategy to his fellow executives, betting big on cable was a radical idea. Then again, that was a time before eBay was a publicly traded company and skeptics insisted Yahoo was overvalued at $24 a share. Since then, the Internet has grown by hyperleaps, and cable-broadband looks likely to be the tool that makes it grow even faster...
...some sense, last week's agreement with Microsoft, a deal in which Bill Gates has taken on a junior-partner role to AT&T, is symbolic of what has occurred. For if Gates has defined visionary business leadership throughout the '90s, then Armstrong may now be emerging as a revisionary visionary in his own right. AT&T, like Microsoft, struggled to form a coherent strategy to embrace the technologies and consumer services emerging in the "post-PC" era. Unlike Microsoft, AT&T has certainly made up for lost time...