Speaking at The Economist’s Buttonwood Gathering in New York last month, former IBM CEO Samuel Palmisano shared what he sees as the three keys for anyone – cities, countries or companies – to compete in today’s integrated global economy. With interconnectivity growing, you’ve got to distinguish yourself to find growth, he said.
“The developing world has reached the end of the easy path to rising GDP…growth markets have plucked the low-hanging fruit of global integration Act I,” said Palmisano, and “….the developed world finds itself needing to address huge structural overhangs with urgency. Postponement is not a serious option.”
So how can you compete? For Palmisano, it comes down to three key points.