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A Perfect Time to Reflect on the Economic Strength and Unique Leadership Capabilities of the Global Technology Industry
Hello and happy Monday! I hope you all had a wonderful and enjoyable holiday weekend. In todayโs column, Iโd like to reflect on the awesome strength of the technology industry, and its unique ability to drive markets and truly enable global economic growth.

I think that most of us are old enough to remember when traditional companies like General Motors, Kelloggโs and U.S. Steel drove markets. Times haver certainly changed, and todayโs markets are much more likely to be influenced by the fortunes of tech companies such as Apple, Microsoft, Amazon, Meta (Facebook), Netflix, Tesla and Zoom.
Frankly, Iโm delighted that tech stocks are leading the markets. Despite recent selloffs, tech remains a sweet spot for investors.
โCertain areas of the semiconductor market ballooned this year, as demand soared for processors that could speed crypto mining, aid game development and connect more devices to the internet,โ writes Ari Levy of CNBC. โFintech, cloud software and cybersecurity had their share of standouts as well, even if buying baskets of those stocks and holding them for the year would not have been a particularly lucrative investment.โ
I agree with Ariโs overall assessment of the situation. Sure, you have to be careful. Not every tech investment you make will pan out. But as an industry, weโre still a prime mover of markets. And I donโt see that changing anytime soon.
Hereโs something else I predict will remain constant: HMG Strategyโs ability to provide world-class insight and leadership based on our unique peer-to-peer research model. In volatile times like these, you certainly donโt need old-fashioned analyst-led research reports that were written by people with little first-hand knowledge of the current challenges facing CIOs, CISOs and technology leaders.
Fortunately, thereโs an exciting and valuable new alternative: The HMG Global Peer Actionable Insights Services Stack is a set of distinctive peer-driven services fueled by the insights of the worldโs leading practitioners and top minds to provide a unique lens on the cutting-edge macro-trends that are shaping the modern enterprise over the next 3-to-5 years
The HMG Global Peer Actionable Insights Service is a subscription-based model providing timely and in-depth insights for forward-thinking technology leaders on the top macro-economic trends impacting businesses and enterprise C-suites today โ and tomorrow.
Membership entitles you to:
- 4 In-Depth Actionable Analyses Addressing the Future of the Business, the Future of Work, along with the Top Cultural and Technology Trends Identified by HMG Global CXO Insights members
- 10 Annual Profiles of the Worldโs Most Innovative Technology and Business Leaders Across Industries – Rich with Leadership Insights and Actionable Takeaways
- Quarterly 90-Minute Roundtable Discussions with Fellow Practitioners and Industry Experts Sharing Fresh Practices on the Top Challenges and Opportunities Impacting BusinessesAdditionally, bestselling author Stephen M.R. Covey will lead hands-on leadership workshops drawing from his โTrust and Inspireโ leadership model in the HMG Services Stack.Join the worldโs leading peer-driven, future-focused executive advisory service thatโs uniquely designed to keep tech executives attuned to the top trends and opportunities shaping the future of business in a time of meteoric innovation while powering your career ascent. To learn more, contact me at hunterm@hmgstrategy.com.