Global Financial Markets: Go All In Or Get Out
turbotodd 100000388Y Visits (3395)
But that's precisely what financial firms around the globe are doing, based on a recent studied that IBM just announced the results for earlier today.
The report is entitled: "Get global. Get specialized. Or get out. Unexpected lessons in global financial markets."
Okay, so we don't win the best financial report name contest for the year.
But we did stay at a Holiday Inn Express last night.
And, we did discover that 93 percent of those firms polled do no believe they are operating like good little flat earth globally-integrated enterprises.
The study, which was conducted in cooperation with the Economist Intelligence Unit (Have I mentioned lately how big a fan and avid reader I am of The Economist???), spoke to 1,000 business leaders, including more than 800 senior financial markets execs and over 100 of their corporate clients.
Key sound bytes from the study:
More details on the study here. Now go on, get that money off the table!