U.S. productivity is growing slower. Meanwhile, sales have become increasingly concentrated in the largest businesses. IT innovation may have facilitated this by reducing large firms’ cost to enter new markets. Though large firms are more profitable, their expansion may have increased competition and reduced profit margins within markets, deterring innovation and eventually lowering growth.
Ash Rawal is the group vice president of Program Delivery Services, which serves two of our Information & Technology Services major business lines. He's also a San Francisco native who grew up in the Tenderloin, learning the importance of diversity and grit at a young age.
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