We live in challenging times. This is particularly so in the world of business. Financing is scarce. Competition is fierce. Uncertainty is high. Compounding all of this is the growing impact of social and political forces on the bottom line. Changing government regulation can let your business thrive or severely challenge its economic viability. Current threats by JPMorgan Chase or Goldman Sachs to relocate European investment banking operations from London to the European mainland in response to the UK government’s plan to strictly tax very large bonuses are just the most recent example occupying headlines.
[This research paper has been reproduced with permission of the authors, professors of IE Business School, Spain http://www.ie.edu/]
As Head of the External Relations Department in POSCO-India, I found the article relevant and positively reinforcing. Thank you for the mention of POSCO in the article. It is a timely boost to us all.
on Mar 4, 2010