Conglomerates Need To Select Areas Of Excellence To Revive Their Industry With Economic Intelligence

Oct. 7, 2011 - PRLog -- General Electric, Hewlet-packard, IBM did not notice a degradation of their activities. However, conglomerates need to select areas of excellence to revive their industry through economic intelligence and innovation.



General Electric, Hewlett-packard, IBM are among the largest industrial group in the world. They employ thousands of people worldwide with thousands of researchers mainly in the industry. They are associated with companies in the production of aircraft engines, present in the manufacture of turbines, in health and energy. equipment and systems of electrification and of automatism. In uncertain economic times, it is crucial for them to integrate Trade intelligence in their organization so as to make the right decisions in order to optimize the success of the company.



Everyone fears a slowdown of the global economic activity. Some industrial activities in long cycle have already been impacted in the last year and the first months of this year, but companies rely on large orders for export.



Many countries have lost the competitive advantage they experienced  ten years ago.


Companies need to choose their sectors of excellence. Countries in the 1980s have relied on nuclear power, Aeronautics and the high speed train in taking risks. Since then, there has not been a real industrial policy. Other countries have made choices such as wind energy, solar panels.



Companies must also implement the treatment of economic intelligence in order to be at the forefront of progress in the development of new markets, introduce and renew their product lines.


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Tor-Leif WALKER
Tradeintelligency
www.tradeintelligency.com

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US Customs database an Trade Intelligence regarding imports and exports on manufacturers: The Fast and Easy Way to Get the Competitive Advantage
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