Smart Strategies to be on the Forefront of the Recovery
I just returned from attending the Orlando Business Journal's Panel Discussion on Reinvesting in Resources, hosted by Oracle.
The panelist included:
|
Donna Slyster |
Dr. Sean Snaith Director UCF Institute for Economic Competitiveness |
Denise Grills Senior Director Product Strategy Oracle's JD Edwards |
Guy Jackson Senior Vice President Chief Financial Officer MSC Care Management |
The focal point of today's discussion was the current economy, described as, "The Great Recession." Dr. Sean Snaith compared the economy to a "gravy bowl" with recovery heading in a slowly upward trend. Dr. Snaith pointed to the unemployment rate as one of the chief economic indicators predicting that the unemployment rate will only get worse before it gets better and the recover not happening until 2013. On a brighter note, when the Orlando Business Journal moderator, Cindy Barth, asked if any of the panelist's companies were hiring, all responded in the positive.
Dr. Snaith stated that the recession will, essentially, weed out bad companies and strengthen good companies, "Good companies will end up coming out of the recession stronger while bad companies won't be around." He stated that the one industry that seems to be growing during the recession is Health Care which is seeing a growing demand.
Several of the panelist suggested that technology will help to overcome the effects of the recession. Guy Jackson pointed to a new application being used by MSC to aid in Care Management. He mentioned that technology offers a great "leverage" to counter the recession.
Denise Grills mentioned the importance of delivering results, global diversity, and being innovative. Several of the panelist also mentioned the importance of listening to your clients and being attuned to their needs.
Contact Intexch Solutions today about improving your technology!
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