Tuesday, August 01, 2006

Attracting Large IT Companies

Tony Blair visited Silicon Valley last week, partly to lobby for bringing more companies to the UK, partly to understand what makes the Valley tick.

Sun CEO Jonathan Schwartz was at a lunch with Blair. Here is what he says about attracting their business to your country.

"So if you want to attract companies like Sun to your economy, focus on investing in education, in your students, and in your leaders. Focus on educating your policy makers as to why you're committed to education - not to build presitigious institutions, but to invest in progress, academic as well as economic. Focus on the value of broad based talent as a competitive weapon, don't be distracted by cost reducing labor."


1 comment:

Muhamad Lodhi said...

Schwartz is saying what I've been thinking and urging people to do. It's reassuring to encounter someone else thinking like that. I believe this attitude is paramount for progress in Bangladesh.