Dear Readers,

Please join me in welcoming Herb Edelstein as the newest columnist for DM Review. I am sure that most of you are already familiar with Herb and have had an opportunity to hear him speak at various industry conferences. He will focus on data mining, and you can read his first column on page 10.

Occasionally I come across a book that I feel would benefit all of our readers. Larry Bossidy and Ram Charan have written an extremely insightful book called Execution – The Discipline of Getting Things Done. If you aspire to be an effective leader or are just starting to climb the management ladder, the insights contained in this book can certainly accelerate the process.

In most companies, there is a gap between the corporate vision and strategic plans that are developed at the C-level and the operational units that are expected to carry out those plans and deliver the results. It is that "gap" that leads to failed execution and a lot of hardship for most organizations. The authors provide the critical insights required to bridge that gap and help to insure that you reach your goals and are not one of the business casualties that are, unfortunately, commonplace in today's tough economic environment.

As we look into the crystal ball for the remainder of 2003, we are finally starting to see an end to this current economic downtrend. Within the next few months, the war or talk of war will be behind us. All of the stimulus packages that have been implemented worldwide will start to bear fruit, and we can finally get back to business as usual. Although growth will be slow, it will be steady. It is now time to make investments in future growth so that you can be ahead of the curve at the beginning of this current business cycle. Execution is critical!

As always, thanks for reading DM Review!

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