In brief

Tiger Woods is the winner of the inaugural Andersen Consulting Medal, awarded to the player who earns the most aggregate money in the World Golf Championships each year. CIBA Vision Eurologistics has been declared the overall winner in the 1999 Logisitics Europe Awards for Excellence in Supply Chain management. The Europe-wide awards are run by Logistics Europe magazine and KPMG Consulting. The first joint Cranfield and Microsoft quarterly survey examining the opinions of British CEOs and directors shows that a lack of emphasis on technology as a strategic business driver, and the distant relationship business leaders have with their customers, present the greatest causes for concern for Britain’s global competitiveness. Analysis reveals that 73 percent of directors still do not see IT as the most critical strategic driver of their business and 76 percent said that a straight e-commerce operation was the least likely way their firms would be structured in future. Survey results from Arthur D. Little show that 50 percent of telecommunications and media companies have formed alliances to address Internet opportunities in their converging industries. A further 65 percent expect to have created alliances by 2004. However, cultural integration emerged as a major barrier to the success of such partnerships. Ernst & Young announced a 13 percent growth in fee income to £713m, with an average increase in profit per partner of 17 percent, to £359,000. The firm’s management consultancy division notched up growth of 10 percent.

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