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Adapting to the Economy

Title:

Adapting to the Economy

Published: Thu, 26 Feb 2009

Description: What do companies need to do to adapt?

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Automatically Generated Transcript (may not be 100% accurate)

" This morning chairman of a German software company US and ideas about what the president here in the United States needs to do to fix the economic woes facing the country doctor all this year joins us William -- joins us to talk about. Some what's been going on overseas and here as -- a software company operated based in Germany -- lot of US clients which is going to Whirlpool. Why and Boeing and Boeing also a lot of very well known companies that you deal with -- so while what are you hearing from your clients here that are coming about software about the US economy and how bad."

" I think this office not them maintain its more important to reorganize as -- companies in the morning according to of this especially economic situation that means. That they have to streamline their business processes to make them more cost effective break them small cost them all intent and sort of reporting on new product and talk of time which -- of the present and future. They sure. Cases we cannot -- adapting to the situation I know it's affected you for example I was reading that you guys had your first ever quarterly loss wasn't at that that was just recently reported -- what do you do from here to try to adapt as your clients are dealing with a tough economic environment. Yes but in the moment they are very keen on all of purposes and they know that they have to reorganize. -- the most closest audience that they emphasis -- We can offer them the off of them who would -- from the methods. Who -- this and then all supporting this -- the information technology that would cause a scandal that hey this is the machinery which I think with the processes and they have to make them off that's -- they have to be in the policy all right so what do you think this this new administration has just been in office now for a month plus obviously you're dealing with it from. And a number different perspectives here in the United States for the company that's based overseas and there's been some talk for example cutting back on free trade and things like that you can't like that. Her knowledge not protectionist never good -- or not their business so what nobody think of what's happening in the future and the direction we're going. I think if premarket must must be very very important and did a few months between the countries and we have to experience from that the last century. When as countries as puppet. To protect them and this and Obama. And never worked right present Obama's pretty big in Germany though is over their in the case -- he's -- is so popular right now that my pulpit especially and it ended in the young mention is that funny though because that you serve up policies that might be perceived protectionist. That would hurt -- and then -- if possible smoking -- into the F -- his image and future of his personality but now we've if you look what comes off at the end of the day Vietnam with a live might affect your company abduction thank you very much for coming you're really appreciated. Nice to be to their so -- idea -- against the company German software company. "

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