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Feb 5, 2009 12:00 AM
Xerox (Rochester, NY) CEO
Anne Mulcahy met with a group of printers in Chicago, February 4th,
to share her insights on driving results in today’s economy.
“Keep customers close,” she said, emphasizing the
printer’s role as a customer’s business partner, who
can prove invaluable during difficult times.
On the importance of keeping focused on business fundamentals, she
shared a story from her early experiences at Xerox. She met with
Warren Buffett during that similarly difficult economic time, and
he asked about Xerox’s main strengths. Its people and
relationships ranked highest in Mulcahy’s estimation. She
said he told her to focus on that, ignoring everything else, and
she would be successful. “And that’s exactly what I
did,” she said. Mulcahy was named one of Fortune
Magazine’s “50 Most Powerful Women” in 2008.
Chief Executive Magazine named her 2008’s “CEO of the
Year.”
A member of President Obama’s Transition Economic Advisory
Board, Mulcahy shared some of the advice she had for the new
administration. “Focus on the middle class, and on doable
projects such as building infrastructure.” She
emphasized Xerox’s commitment to green technology, and
stressed the importance of governmental support for sustainable,
ecofriendly manufacturing practices.