News from Around the World & Around the Corner...
01-01-2010 Another year and everyone is hoping.... please no more 2009. I have often found that when people utter these words they are apt to discover that the pains of the past are nothing by comparison to what lies ahead. Much of 2009 was split between consulting & education (4 new programs introduced) and outsource related services. Outsource services (www.Int-IOM.org) continued to reflect active interest and rapid regional expansion. So what do we expect in 2010? We believe that the economy will continue to be sluggish through to at least mid-2011 (sorry for the bad news). This is largely due to companies attempting to right-size and adjust, but are slow as a result of size and protocols that exist. Government will continue to attempt ways to infuse activity but without industry knowledge the resources will be poorly employed and only marginally effective (only near term effects). What will make the turn in 2011 is that companies will finally have a clear definition of goals and the fabric of operating in a global fashion. Those that refuse to acknowledge or adapt will put themselves, investors and employees at risk.
So there you have it.... predictions for 2010 (and beyond) and I can only hope that I am totally wrong. We will see, this time next year.
Thanks to our many wonderful and dedicated clients who without your continued support and encouragement. ..... Jerry Durant, Managing Director