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Scattered Forces Not Such a Bad Idea Post-Sept. 11

DALLAS-Corporate chiefs need to decentralize brain trusts despite consolidation pressures, says a Deloitte & Touche Fantus partner. IDRC participants get a sneak preview of a 2001 global expansion survey, now being updated due to the attacks.

By Connie Gore | Updated on October 23, 2001

DALLAS-Corporate brain trusts could best protect themselves by decentralizing despite global economic pressures pushing for consolidations, says Phil Schneider, partner in Deloitte & Touche Fantus.

Just weeks before the Sept. 11 terrorists’ attacks, the firm wrapped up a two-month survey of global expansion plans from respondents of 3,000 companies polled in all hemispheres. The numbers crunching was still under way Sept. 11. Now, researchers are redoing their work after the firm floated follow-up questions to gauge whether plans or expansion locations might have changed due to the terrorists’ attacks. IDRC Texas World Congress participants in Dallas got a sneak preview of the initial results and insight to the latest information, all of which should be out within a month.

Schneider tells GlobeSt.com that he believes the financial industry will be the first to decentralize. But, he adds, companies across the board should consider following suit, particularly when it comes to telecommunications and research and development.

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