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One may as well consider this piece of fact as old news that the general people in China in the present century are getting empowered with better income and better lives every passing year. This has resulted in the millions and millions of citizens to give a shot at all luxuries that the world has in store to offer.

I can't tell you how many companies I have worked with that have encouraged or tolerated a large degree of geographic dispersal among employees and management teams. "We're virtual, and proud of it," one told me. "It doesn't matter where you live anymore," many employees of virtualized companies have argued. "We travel all the time anyway," has been another frequent mantra.\n\nBut I recently encountered a company that is moving the other way. Eclipsys makes software for healthcare providers. The company's headquarters is in Atlanta. Last week, it changed CEOs. The previous CEO, Andrew Eckert, lived in Silicon Valley. By all accounts, he did a good job in the role, and the company has been doing well. However, the board of directors felt that the company couldn't be managed successfully from afar, and held discussions with Eckert about moving to Atlanta. He was committed for both family and career reasons to stay in California, however, and declined to move. The board decided to change leaders, and Philip Pead, who had previously headed and sold a healthcare software company in Atlanta, got the nod as the new CEO. Pead had moved to Miami, but is returning to Atlanta to run the company.

I can't tell you how many companies I have worked with that have encouraged or tolerated a large degree of geographic dispersal among employees and management teams. "We're virtual, and proud of it," one told me. "It doesn't matter where you live anymore," many employees of virtualized companies have argued. "We travel all the time anyway," has been another frequent mantra.