A New Millennium Begins
On January 1, 2000, the world celebratedthestartof thenew millennium–though somewould saythe party camea yeartooearly. But early or not,the 21stcenturywas upon us.
Fireworkslit up the sky,asthe worldhelditsbreath to see if computers wouldcrash as the date turnedfrom 1999to theyear 2000.Fortunately, theY2K bugdidn’t bite,and all was well… withourcomputers, that is.
All wasnotwell with theU.S.presidential election.The outcome wasembroiled incontroversy andit took aSupreme Court decisionto determine thatGeorge W. Bush would become the 43rdpresident inJanuary,2001. Later that year,the worldwould mourn asnearly3,000 peoplelost their lives in terrorist attacksin the U.S.on September 11th.Still later in the decade,Barack Obama would become the first African AmericanU.S.presidentin2009.
Globally,China and Indiawere experiencingrapid economic growthin the 2000s. But Asia also faced devastation after a massive 2004 earthquake and tsunami in the Indian Ocean,which impactedseveralcountrieswhere Wilbur-Ellisdoes business(see sidebar).Warserupted inIraqand Afghanistanduring the decade, andthe Great Recession began,battering economies worldwide.
On a happiernote,there was new hope for curing disease, ashuman DNAwas mapped in the largest international scientific projectever. TheApple iPhonecame on the scene,launching a mobile revolution, and social mediaevolvedfroma novelty to part ofeverydaylife.
At Wilbur-Ellis,the 2000s wasadecade when the company celebratedamomentous birthday,transitioned itstopleadershiptwice,doubled revenues,andintensifieditsfocus on technology and strategy.