As I write, the IT-heavy NASDAQ staggers sluggishly near 2,500. After a riotous party that saw the index climb to more than 5,000, a stiff hangover is setting in. Its effect winds through the economy, a growing force that is not yet fully reckoned. Many IT employees, their savings plans brimming with company stock, are less wealthy than they were 10 months ago when they splurged on an upscale SUV.
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About The Author
Robert D. Austin is a Cutter Consortium Fellow and a member of Arthur D. Little's AMP open consulting network. He is a regular speaker at the annual Cutter Summit and often delivers Cutter Bootcamps. Dr. Austin served as a professor on the faculty at Harvard Business School for more than a decade, and then as Professor of Management of Innovation & Digital Transformation at the Copenhagen Business School in Denmark. He is currently Professor… Read More
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