6) "Frankly underneath that the retail industry saw growth for the first time in seven quarters," Loughridge said. "As we said, if you look at public sector it had the strongest performance in the quarter and for the year." He added that "we had growth in healthcare and life sciences that marked an 11th consecutive quarter of growth." Again, discussions of growth—and not only in sectors like healthcare where it's been happening for some time, but also in troubled areas like retail. If you've had your team and its capabilities in suspended animation for the past 18 months while your budget's been hacked, this is a pretty powerful wake-up call because when your CEO says it's time to fire up all those great ideas that have been on hold for a couple of years, it probably won't be a good career move to reply that you'll need six months to unthaw everything.
7) "The thing you clearly saw though is the difference between major-market performance and growth-market performance actually expanded in the quarter to about a nine-point differential," Loughridge said, emphasizing that declining revenue from Russia has stabilized. Nine points—that's pretty significant—are you and your team helping your company leverage this growth-market potential in India, China, Brazil, and Russia?
RECOMMENDED READING:
Global CIO: IBM Iowa's Birthday: IBM Gets $52M, But What Does Iowa Get?
IBM CEO Sam Palmisano Talks With Global CIO
Global CIO: IBM CEO Palmisano Challenges IT Industry Via Smarter Planet 2
Global CIO: The Top 10 CIO Issues For 2010
Bob Evans is senior VP and director of To find out more about Bob Evans, please visit his page. For more Global CIO perspectives, check out Global CIO, or write to Bob at [email protected]. |
