Industry Re-Boot
Today's environment is a challenging one for CEOs in the telecom, media, and technology (TMT) industries. It is a period of "industry reboot," or strategic re-examination and business restructuring, and CEOs are struggling to keep their vision of the "connected society" alive, despite high debt levels and financial instability. The latest study conducted by Ernst & Young and Cap Gemini Ernst & Young, entitled Industry Re-Boot: Choosing Your Path to Profitable Growth identifies significant opportunities for companies, but they need to be willing to make some difficult choices, and refocus their energies on the right business models and approach to the market.
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