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 From The Summit




































 

FROM THE SUMMIT 


Where do you invest your money after the bubble bursts?
A message from Dan Carp Chairman and CEO, Eastman Kodak Company

2000 was, in retrospect, a year that kept the investment analysts and economic pundits working overtime.
Last year, the U.S. economy was red hot, and the so-called “new economy” was even hotter. Today, as you scan the business headlines, the key word is "slump"...consumer confidence is in a blue funk...and the NASDAQ couldn’t get much flatter.
The question for investors now becomes, "Where do you invest your money after the bubble bursts?"
Let me suggest three possible answers. First, it makes sense, now more than ever, to invest in strong brands. Because when times are tighter, consumers are less inclined to risk their money on a new or unknown name.
Second, invest in products and services that offer high satisfaction at a low price. In other words, value-for-the-money is king.
Third, it might be wise to seek companies that are adept at generating cash. Those are the firms that will continue to invest in themselves and prepare for growth, regardless of the economy.
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What corporations need to do to Leverage Knowledge for Growth?
Mr. Anil Ambani : Managing Director of Reliance Industries, India.
Excerpts from a speech at the India Economic Summit 2000

In the future, we, at Reliance, intend leveraging our entire knowledge base, and our core competencies of complex project management, motivation and retention of knowledge workers, and unique financial engineering capabilities, to enhance our leadership in existing businesses, and capture growth opportunities in new areas.
We will be playing a leadership role in the creation of a world class digital infrastructure in India, which will pave the way for rapid economic growth in the country, and transform the dream of generating tens of billions of dollars of revenues from IT enabled services into reality.
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Three Roads to Growth
John F. Welch Jr. : Chairman and CEO of General Electric.
Excerpts from a speech delivered at the Annual General Manager. 

In this intensely competitive environment there is enormous growth awaiting those companies who can provide true high-technology service solutions to customers, making those customers more productive, lowering their costs, and helping them become more competitive in their marketplaces.
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The Role of Glass In 21st Century
Roger C. Ackerman: Chairman of Corning.
Excerpts from a talk delivered at International Congress on Glass held at San Francisco.

When you talk about the new area of communications, words like progress,  evolution and change are simply inadequate.  We are witnesses to a revolution. And optical fiber made of glass is on the front lines. From chips, to screens, to networks, to a new future of computing by light alone, without glass there would be no revolution.<more>


Role and importance of the Internet and of 'IT as an enabler'
Mr. S. Ramadorai: CEO of Tata Consultancy Services, India.
Excerpts from a talk delivered at Commonwealth Business Council at London on November 23, 2000.

The Internet is creating a perfect market scenario where market participants, unfettered by constraints of time or space have increasing access to information with which they can make increasingly informed choices, while all the world is their playing ground.<more>

 


 


Bio Sciences: Building a better future for consumers
Niall FitzGerald: Chairman of Unilever PLC.
Excerpts from a talk delivered on the occasion of the Opening of the biosciences laboratory, Colworth House, UK 

Some Opportunities are still waiting to be taken up. I was delighted to hear the minister mention the future potential of the Genome Valley report as a basis for a continuing partnership between industry and government. As he pointed out in his speech, that report underlined the enormous potential and strategic importance of biotechnology and genomics to the future of the UK. <more>






 

 

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