School’s not out yet for Olin undergrads in a new course called Business & Government: Understanding and Influencing the Regulatory Environment.  While their classmates packed up for summer destinations, the pioneers in this class trekked to the nation’s capital for a weeklong immersion into the regulatory workings of Washington D.C.

The program is designed and delivered by Brookings Executive Education (BEE), a unique partnership between Olin and the Brookings Institution. Students in this inaugural course include undergrads, MBAs and PMBAs.

Students were greeted on Sunday by Trevor Corning, BEE program coordinator, and led on a lively tour of Washington. The group is lodged in the heart of the city, at DuPont Circle, a short walk to Brookings and other notable sights such as the White House.

The class got down to business early Monday morning with an overview by BEE’s Mary Ellen Joyce of a heuristic by which to understand the process and the role of a policy entrepreneur.

Former Oklahoma Governor and now President of the American Banker’s Association, Frank Keating, keynoted the program sharing his observations about the importance of government-business interaction.

Governor Keating was followed by John Hudak, a Brookings Fellow, who discussed the publicly underestimated power of the President and his Cabinet secretaries, providing insight into opportunities to engage with decisionmakers.

Following lunch, the vibrant Ilona Nichols (Public Policy Consultant; former House and Senate Staffer, and Congressional Research Service expert on legislative procedures), briefed the students on the legislative process, confirming notions that Congress is indeed a “sausage factory.”

Next up was a behind-the-scenes tour of the Capitol led by former Congressman Jack Buechner who represented the district surrounding St. Louis. Buechner brought the students onto the floor of the House, creating lasting memories for the group.

The day concluded with a visit to the Washington office of Monsanto where students learned about the business perspective of the policy process and the importance of active participation in policy conversations.

Then it was back to work. Monday evening, students met in their groups to start discussing their assignment to develop an advocacy plan. Students were assigned roles to play in the debate over a high-level nuclear waste repository. We’ll see at the end of the week if the nuclear industry will hold sway over the anti-nukes!