Lou Gerstner's IBM
1. What struggles does Lou Gerstner face in his plan to make
IBM network-centric? Consider internal and external impediments. In order to make Lou Gerstner’s plan effective he had to make many changes with in the IBM company. Gerstner set up a team with Jerry York and Richard Thoman along board.
Some changes that were made with in IBM were, a cut back on employment, reduced expenses, and a stronger customer service. Gerstner and his new team based their plans on computer networks and the products needed to help IBM reach their future goals for the company. Some struggles Gerstner faced would be, the cut back in employment, I think this would have hurt his plan because I would have slowed down the production of the IBM products also high costs with no revenue would hurt his plan until he could work and fix the problems. Another problem Gerstner was faced with would be the process of getting lost customers back to buy IBM products. 2. Must IBM’s basic corporate culture change in order to meet Gerstner’s goal? Explain.
I think that IBM’s corporate culture would have changed because IBM is following a new structure in order to achieve
Gerstner’s goals.. Since employment would be cut back that means that the workers that did stay would have longer hours
. Another thing that would change would be the quality and advancement of the products, since the expense cost would be cut down , the quality of the products would decrease. Being the expense cost declined the would be no room for advancing the products and keeping up with the competitors.
3. What strengths does IBM possess that make Gerstner’s plan achievable? How do Gerstner’s strategies incorporate those strengths? IBM is a well known name and it’s been around for a long time. I would buy a product from a company who has a good reputation rather then from a brand new company I’ve
These are indirect variables in the complex equation that is the Holocaust. They all indirectly supplied madmen with the power to decide if one human is better than the other. The most direct role when talking about the United States, lies at the door step of the fourth largest company in the world today, (Forbes, 2012), IBM.
It is important in today’s changing economy that business leaders are not afraid to make necessary changes to succeed. When Jack Welch became CEO of General Electric in 1981, it was a lethargic business, satisfied with its output and entangled in bureaucracy. He understood the competition that overseas markets presented and the need for a new global strategic plan. He was able to envision the true potential of his resources and implemented drastic changes such as the Stretch, Work-Out, and Number One, Number Two business concepts (which will be discussed later) to achieve his goals.
As CEO of the Andrews Company, my responsibilities were to operate my company in all fields including Marketing, R&D, financing and Production. As CEO, I followed certain steps to the of best my knowledge in order to ensure the success of each department and company as a whole. In the process of utilizing every skill possible, products were introduced to meet the demand of my Niche Cost Leader Strategy. My requirement for utilizing the Niche Cost Leader Strategy was for my company to focus on the traditional and low-end segments by automating in mass production in order to keep costs down for my company. My company’s agenda was not to compete with the latest technology advancements but to focus more on cost savings that will in terms provide
General Electric Corporation is a multi-billion dollar conglomerate founded in 1892. The company was founded in Schenectady, New York to capitalize on the patents of Thomas Edison and the use of electric power through generation and distribution. Now a blue chip publicly traded company that has branched out beyond its core into arenas such as aircraft engineering, television, and home appliances to name a few. Over the years the corporation has been through different management models that have brought innovation in many forms that have allowed them to be envied by companies around the world. Despite great success since its conception, like many companies who can withstand the test of times, it’s natural for them to become self-absorbed, which can have a negative impact on the company structure as a whole. Coming across someone like Jack Welch who can think out of the box and in a manner that doesn’t strain the resources of the company but expands the thinking of the company as a collective unit is needed to continue the legacy of innovation in all aspects of business.
There were several trade-offs for GE to implement the shift in strategic focuses. To achieve organic growth, GE needed to increase output and sales based on customer needs, which was unlikely for GE to achieve in a short time. GE’s profit inflow would slow down in early years as a trade-off for sustainable profit in the future. Previously GE had many projects induced by merger and acquisition activities. They needed to decrease projects and more focus on long-term investment in order to achieve organic growth.
Steve Jobs dropped out of college, but yet he still managed to become a multi-millionaire by the age of twenty-five. After one semester of college, Jobs dropped out and started to work with his very close friend Stephen Wozniak, creating their very own personal computer. They started to work on the computer in Jobs room and garage. With only $1300, Jobs and his friend Wozniak started their own company and Jobs decided to name it Apple. Apple is now a company that is being used daily worldwide. Steve Jobs is a revolutionary because he changed the way America views their technology.
Steve Jobs was a college dropouts with no big plans. No one would have guessed that him and two of his friends working in a garage would be the beginning of a revolution in the world of technology. The free enterprise system made it possible for Steve Jobs to revolutionize the world with Apple products.
The Computron, Inc. is facing problems regarding pricing the bid for Computron 1000X, future functioning of Frankfurt plant, impact on production due to current market breakdown.
...gy not likes leader, concept, and culture; it is an accelerator for the company. Good-to-great companies used technology as an accelerator of momentum, not a creator of it. None of the good-to-great company began their transformations with pioneering technology, yet they all became pioneers in the application of technology once they grasped how it fit with their three circles and after they hit breakthrough (Collins, 2001, p.162). Before become a pioneer in the application of the technology, we have to do the external and internal scanning to see is it the technology fit our long term strategic and hedgehog concept.
began to take over the worlds market for tabulators, clocks, and electric type writers. By 1940 it was the us largest office firms that deals with machines. There sales had reach $50 million.
...lopment industry as well as the strengths and weaknesses within the company. The Business Strategy should reflect the main issues that determine the long-term
Joel Dinerstein, a professor at Tulane University, along with Frank Goodyear, a photographer scholar, shaped the “American Cool” exhibit at the National Portrait Gallery in the nation’s capital. They selected 100 coolest Americans based on original artistic vision, cultural rebellion, iconic power, and a recognized cultural legacy. However, they seem to have forgotten the founder of Microsoft. William Henry Gates III is widely known not only for his influence in the modern world as one of the founders of Microsoft, but also for his iconic contributions towards philanthropic causes, and for his legacy on the Bill and Melinda Gates Foundation.
The purpose of writing this essay is to give an idea how these two respected CEOs of multinational companies has changed the world. Technology is booming nowadays, even the minor things that we can do manually are done using technology. Steve Jobs, the co-founder of Apple computer and Bill Gates, the co-founder of Microsoft, has changed the world. These two leaders are best known for their innovations which has taken our world to the next level. Steve and Bill has got something in common. Surprisingly, both of these CEO had never graduated from college, but they are known to be the world most successful leaders and they both work in the same kind of company (Lashinsky, 2013). Nevertheless, their leadership styles differs (Peralta,2011). The way they treat the employees at the workplace is in contrast.
On October 5, 2011 Steve Jobs passed away in his home in Palo Alto California; Jobs had been battling pancreatic cancer since 2003. Steve brought so much different technological advancement that most people use everyday without knowing who created them. Everything that Jobs created, he did because he understood what his customers wanted, and where the market was going. Steve Jobs believed in all of his products and innovations he sold to people, and had faith in the people he worked with was what really shaped Apple. After leaving the company and then returning, Steve Jobs’ influence made Apple one of the top computer companies in the world.
What are the factors that contributed to the success and failure of Steve Jobs as a technopreneur?