Financial Crisis and IT

I have been watching the Global Financial Crisis naturally with a mixture of interest, fear and hope. Rationality has gone out the window, as has long term vision and perhaps even focus. We are naturally looking very closely at our market forecasts and predictions in the Asia Pacific and Middle East region, however unlike others are yet to say definitively that the market will decline by X, or Y.
The reason for this is simple, it is only now that the market is getting some sort of stability and consistency in place. Currencies, oil and gold prices are still volatile, countries such as the US are still looking at their response, especially with the new administration coming in. We hope that by the end of the year there will be some stability and we can firm up our expectations. Overall we are positive about the reactions from various governments, perhaps they are not perfect, but the insecurity without the interventions would be greater than the pain that comes from fine-tuning.

Categories: Sales Analysis

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