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Tatum Founder, Doug Tatum Says Gazelle Companies Are the Key to New Job Growth in the U.S. but May Be Stuck in 'No Man's Land'

CIO Roundtable Forum on Feb 20, 2007 sponsored by Paalam. (PRNewsFoto/Paalam, Inc.)

ATLANTA, Feb. 26 /PRNewswire/ -- Douglass M. Tatum, founder of Tatum, LLC, a national business consulting firm, described successful companies in the $25-50M range as 'Gazelles' which provide the majority of new jobs in the country. He warns that they can find themselves in a 'no man's land' when it comes to understanding and accomplishing changes necessary to continue to the next level.

(Photo: http://www.newscom.com/cgi-bin/prnh/20070226/CLM202 )
Speaking at the Paalam, Inc. CIO Roundtable Forum luncheon recently, he noted, "These companies have outpaced the talents of the entrepreneurs who founded them and led early growth. Gazelles need new management skills and capital to lead it through the next round of growth."

Tatum sees large corporations targeting these companies for acquisition as a substitute for R&D, leading to a bidding war and further disrupting capital market equilibrium and drying up venture funding for startups. "At a time when large companies are shedding jobs, it's important we start more Gazelles and give them every opportunity to succeed," he concluded.

The Company asks that any IT executive wishing to attend one of the upcoming, limited-seating CIO Roundtable Forum luncheons, call the Company at 770-209-9700 or email to info@paalam.com for conformation of seating and to receive a schedule of upcoming events.

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