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September
2004
Solid Spending Growth Predicted Through
2008
By
Allen Bernard
August
30, 2004: New research indicates spending
on IT goods, services, and staff will
grow in 2005 and continue at a similar
pace through 2008.
Of
the 195 CIOs polled for Forrester's Q3
CIO Confidence Poll the majority plan
to increase 2005 IT budgets an average
of 6.4%.
The
report also found that, overall, "IT optimism"
is up quarter over quarter, with the number
of CIOs citing a very strong business
climate for their industries tripling.
This is the first time in three quarters
such optimism has been seen.
Seventy-one
percent of respondents expect even better
performance three business quarters from
now, compared with only five percent anticipating
a decline. Thirty-nine percent of CIOs
are spending above their budgeted run-rates
-- up from 34% this past quarter.
Read
the rest of this story.
Industry
News
Tech
Workers Stay Put as Economy Perks Up
>From USA Today (Topic: Staffing), Aug.
29: Tech workers are holding on to their
jobs tighter than they have in more than
20 years. Just 8.9% of tech workers willingly
left their jobs last year, says an Aon
Consulting survey of 595 of the world's
best-known tech firms, including Microsoft,
Cisco Systems and Intel. It was the third
year in a row that voluntary turnover
dropped. "It's as low as I've seen it,
and I've been tracking these numbers since
the early '80s," says study author John
Radford. Read the rest of this story.
Read
the rest of this story.
Hiring
Numbers Positive, But Outlook Isn't Clear
By
JEANNINE AVERSA Associated Press Writer
> From Tampa Tribune (Sep. 4, 2004): Employers
stepped up hiring in August, expanding
payrolls by 144,000 and lowering the unemployment
rate marginally to 5.4 percent. The figures
didn't amount to a national job fair,
analysts said, but they did hold out the
promise of stronger growth following the
summer lull. Read
the rest of this story.
Career
Tip
Affirmations
to Get Through A Tough Day
> Success is a choice. Rick Pitino
> If you're not fired up with enthusiasm,
you'll be fired with enthusiasm. Vince
Lombardi
> There is no security on this earth;
there is only opportunity. Douglas
MacArthur
> You hit home runs not by chance but
by preparation. Roger Maris
> The best way to predict your future
is to create it. Unknown
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