Bob Suh

Once early adopters in corporate computing and the Internet, U.S. companies are now falling behind global competitors in driving productivity and earnings growth from technology. This is because U.S. companies deploy most of their fresh capital to fortifying older systems while more companies in Europe and Asia invest in newer systems from the ground up. Newer systems, during this second wave of Internet based innovations, will simply outperform refurbished ones for two reasons: technologies have improved substantially in five years, making them easier to implement, integrate and change; as a result, more business processes will be online, driving higher levels of productivity. Though U.S. productivity has been strong, a closer examination reveals a disturbing trend. Empl... (more)