5 Things Microsoft Must Do To Reclaim Its Mojo In 2008

"Instead of fighting standards, Microsoft (NSDQ: MSFT) needs to get on board now more than ever. With open, Web-based office software backed by the likes of IBM (NYSE: IBM) (think Lotus Symphony) and Google (NSDQ: GOOG) now a viable option, users—especially businesses frustrated by Microsoft's format follies (many are discovering that OOXML is not even fully backwards-compatible with previous versions of Microsoft Word)--can now easily switch to an online product without having to rip and replace their entire desktop infrastructure.

Why submit to lock-in when you've got options?

Microsoft in 2008 could make a bold statement in support of standards by admitting that its attempt to force OOXML on the industry was a mistake and that it will work to develop cross-platform compatibility between that format and the Open Document Format—which already has approval from the ISO (International Organization for Standardization) and is backed by IBM, Sun, Google and OpenOffice.org

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