The Truth About Consultants
It's the End of the World as we Know it

The Big Blue is falling... The Big Blue is falling...

We had a meeting at work yesterday, and one of the management commented on a statement made by our CIO a couple of weeks earlier. He likened the IBM of today to the GM of 15-20 years ago. Becoming large and sluggish, he predicted that with in 5-10 years they will be so bogged down with debt and size that they will be unable to adapt and compte in the market - specifically consulting and BPO (Business Product Outsourcing).

I thought it was a very ironic statement, considering IBM's current advertising campaign ("Executivis Obsoletis"). I say great, sounds great for me and my company's future if Big Blue is unable to continue. But I remain skeptical, IBM has been written off many times before, and they continue to be able to re-invent themselves and make themselved relevent to the marketplace, and continue to enter into new markets. But the most promising comment (at least from my firm's standpoint) we far exceed IBM's cash flows, on about 1/7 or 1/8 the income. Put that in your pipe and smoke it, you Big Blue monster!

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