He served as Chairman of the Board of Inland Steel Company and as an advisor to Presidents Dwight D. Eisenhower and John F. Kennedy.
[4] During the 1952 steel strike, when President Harry S. Truman nationalized steel companies whose workers were threatening to strike, Randall gave a speech that was televised nationally attacking Truman and the United Steelworkers, criticizing them for "shocking distortions of fact".
That year, President Dwight D. Eisenhower appointed Randall as Chairman of the Commission on Foreign Economic Policy, putting him in charge of studying the Reciprocal Tariff Act of 1934 and recommending changes.
[7] He retired from Inland Steel in 1956,[8] and traveled to Turkey on an economic mission on behalf of President Eisenhower.
[10] Randall also served as an advisor to President John F. Kennedy, conducting an economic mission in Ghana, in which he assessed the Volta River Dam.