Thomas F. Carter of Carter Electronics: Calling for Competition
Article Abstract:
In 1959 Thomas F. Carter was a man who had an electronics business, and dabbled in inventing various types of mobile-radio systems. This led to the Carterfone, a device through which mobile radio companies could patch into the phone system. Things might have ended there, had not the phone company harassed Carter's customers. Finally, after a visit to the Federal Communications Commission (FCC), Carter, in 1968 filed an anti-trust suit against AT&T. For the next ten years Carter spent much time in court, with almost no support from the electronics industry, although loyal customers did back him up. This first anti-trust case has led to the current break-up of AT&T, and the opening of the communications market that we are witnessing today. But the battle cost Carter his business, and this man, who pioneered the way for so many others in the communications and electronics industry now leads a simple, retired life in Texas, where he still occasionally dabbles with inventions in the communications field.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
In Search of the Retentive Incentive
Article Abstract:
While salary is a strong incentive to stay at a job, companies who hope to hang on their key valuable personnel are finding that salary alone is not enough to keep an employee from switching companies. Two companies have developed programs which they think give their employees a stake in the company so that they are more highly motivated to work hard and to stay with the company. Data Encore has an unusual stock option plan which it has given to all original twenty-seven company employees, and from which they could realize the full plan potential in just three years. Wilson Laboratories developed a royalty program for its engineers which not only boosts their salary for designs they have developed, but also keeps them highly motivated to stay with the company.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
Stepping Aside
Article Abstract:
When Dick Brown, head of the family's office design and furnishings dealership, decided it was time for some new leadership blood in the business, he turned to his long- time friend and business associate Victor Pitzi. Brown was a strong, creative man who had troubles in dealing with people, and with relinquishing control, and before Pitzi accepted the job he needed assurances that he would have full autonomy. Since going to work, Pitzi has made some changes within the organization which have contributed to the rapid growth the company has experienced. The family has nothing but compliments for Pitzi and his management style.
Publication Name: Inc.
Subject: Business, general
ISSN: 0162-8968
Year: 1984
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Towards happier returns. Fast action needed for 4% growth. The world turns towards the dot-com darlings
- Abstracts: Estimation of Attribute Weights from Preference Comparisons. Sequencing capacity expansion projects in continuous time
- Abstracts: New Faces of 1984. Steven Jobs of Apple Computer: The Missionary of Micros. Roses Are Blue
- Abstracts: The Passion of Robert Swiggert. Will Success Spoil Jerry Gorde? That Daring Young Man and His Flying Machine
- Abstracts: Mutual Benefits. Beyond the Megaloans. Toward a More Perfect Union