Quote of the day: Palmisano's 'globally integrated enterprise'
In a letter to the editor of the Financial Times, the normally taciturn IBM chief executive Sam Palmisano aligns himself with those who predict a backlash against large multinational companies like IBM, itself.
Palmisano called for "a new kind of organization--at IBM we call it 'the globally integrated enterprise,'" adding that he prefers that to multinationals, which many "mistakenly project onto 21st century global reality."
"The alternative to global integration is not appealing: Left unaddressed, the issues surrounding globalization will only grow," Palmisano said. "People may ultimately choose to elect governments that impose strict regulations on trade or labor, perhaps of a highly protectionist sort."
Click here for full story.