I would like to conclude with the observation of Gurucharan Das who said ‘‘What leadership needs more than thought is action and what’s more important than intelligence is will power’’. CIOs, who are leaders in their own right, should work towards translating their thoughts into action with the will power to make IT happen. 7  8  Forrester Report commissioned by ClairMail.
BIS central bankers’ speeches  I wish you all successful deliberations in this Conference. Since the New Year is less than a fortnight away, I would also like to wish you all a happy and prosperous New Year. BIS central bankers’ speeches  9