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Tucci: I’m very bullish about the opportunity. Obviously, the best word for our global economy is fragile. The trigger, without a doubt, is Europe. Europe’s in a recession as sure as I’m sitting here. If they can contain it, and it remains relatively mild, and of course that’s a relative term, and it’s not going to be the same in all parts of Europe. You know Germany and Greece are both in Europe but a long ways apart in terms of their economies. But looking at is as Europe, if [the recession] stays mild, I think the world will be just fine.
That’s a trigger. But barring that, there's a lot of opportunities, and the rest of the world is on the mend. And I don't think it’s gonna be a hockey stick recovery. I think it’s gonna be slow and gradual. That’s fine. And that gives you plenty of opportunity if you, again, have a good plan and you’re executing on it.
CRN: How much tougher is it to be the CEO of a big company since this 2008 meltdown and when we’re all globally connected?
Tucci: I tell people, and this is not tongue-in-cheek, this is fact, the toughest hand I've ever had is taking over Wang in Chapter 11 bankruptcy. We had $60 million in cash in the bank. We had $2 billion in creditors coming after us. So, claims of $2 billion, and $60 million in the bank. And of course Wang had hopelessly lost leadership with no chance of getting it back in word processing, office automation, and email, etc. Tha’'s a tough hand. 2008 and the crisis that we faced since then compared to that hand makes it easy.
CRN: After being dealt that hand, you made Wang a services company.
Tucci: I couldn't bring it back to life being office automation and word processing what Wang was known for. It was gone. I wasn’t going to beat Microsoft. We’re in good markets. We gotta play our game. We gotta be confident in the economy. You gotta do adjustments for it. But you don’t adjust your strategy. You adjust your tactics, but not your strategy.
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