IBM chief calls for end to colonial companies
Monday, June 12, 2006
Excerpt: In a rare public intervention, Big Blue?s chairman and chief executive writes in today?s Financial Times that traditional multinational companies need to abandon their almost colonial approach to operations outside their home country. He cites as examples of this old-style method the way GM, Ford and his own company built factories in Europe and Asia but kept all the research and development in the US.
