Ibm Essay examples - 3834 Words

I. Current Situation (1991-1993) 1. History of IBM: IBM is a multinational corporation that started its activities in 1911. But its origins can be traced back to 1890, during the height of the Industrial Revolution. It was first known as the Computing-Recording Company, and then in 1924, it took the name of International Business Machines. Nowadays, this multinational company is known as the  ¡Ã‚ §Big Blue ¡Ã‚ ¨ 2. Mission statement IBM main activity is to find solutions to its wide range of clients using advanced information technology. Its clients are individual users, specialized businesses, and institutions such as government, science, defense, and spatial and educational organizations. To meet and respond to its customers needs, IBM†¦show more content†¦7. 1991-1993 CEO Akers undertook a major overhaul of IBM: he believed the problem was high centralization, so he followed a decentralizing strategy that would greatly reduce employee levels. Layoffs were as follows: 1991 20,000, 1992 20,000. Although a $3 billion charge was made against 4th quarter earnings, IBM expected savings of $1 billion in 1992, followed by $2 billion in later years. Restructuring objectives: a- Accelerate product deliveries. b- To avoid or minimize costly delays and disruptions IBM would have to completely separate its units into distinct independent divisions with greater control over development strategies, including financial independence. IBM HQ would become a holding company with 6 autonomous divisions reporting to senior vice presidents. Divisions are to present annual plans to executive committee, set goals for return on investment, share in profits, issue stocks in some cases. Each individual unit to report its results separately thus allowing managers to gain responsibility for controlling costs and developing competitive product marketing strategies. Emphasis to be placed on return on invested capital. Executive pay to be tied to unit profits c- Encourage 3d party relationships d- Reduce staff. e- Reduce product prices to match competitor prices. For example, IBMs lap top model costs about $2,500Show MoreRelatedSwot Analysis Of Ibm And Ibm971 Words   |  4 PagesANALYSIS OF IBM 2 IBM future plans 3 Reason why I want to work there 3 Bibliography 4 INTRODUCTION:- IBM stands for international Business Machines known as a world’s biggest information technology company with the profit of 88 billion dollars in 2000 and they are maintaining their position in market from past 50 years. They produce software and hardware for business servers, application software storage products and microchips. IBM is earningRead MoreIBM10585 Words   |  43 PagesHISTORY International Business Machines Corporation (IBM) is an information technology company that uses their expertise to provide customer solutions. The company operates primarily in a single industry using several different segments that create value by offering a variety of solutions that include, technologies, systems, products, services, software, and financing (10-K report). The company s major operations compromise three hardware product segments. These segments are: technology, personalRead MoreThe History of IBM Essay976 Words   |  4 Pages International Business Machines Corporation, better known as IBM, is a corporation that is and always has been based completely around information handling. From their first scales, to the super computers of today, almost all of IBM’s products have been designed and developed to record, process, communicate, store, or retrieve information. IBM has been a leading developer and innovator from the late 19th century up to today. IBM was officially incorporated in New York City on June 6, 1911 asRead MoreIbm Decades of Transformation914 Words   |  4 Pagesfinanced commercial project ever†. The System/360, â€Å"transformed the industry†, along with IT innovations such as development of the FORTRAN, the hard disk, the floppy disk, IBM supermarket checkout station, and an early version of the automatic teller machine†. Mr. Watson’s vision and or innovation required acquiring talent by making IBM, â€Å"the best place to work†. The late 80’s and 90’s became riddled with problems as a result of a lost vision and increasing costs. IBM’s lost vision included not predictingRead MoreIbm Research Paper1565 Words   |  7 PagesMartelli Shiyi Lu 18 Oct 2013 The company I chose is IBM.  IBMs organizational structure is  typical  of multi-product or multi-business companies. In this article I will through three ways to analyze that company. There is company’s background, employment, issued facing the company. * Background â€Å"Since its inception, IBM has been a company that defined itself not by particular products, technologies or leaders, but by persistent values.† (IBM, 2012) [1]. Throughout IBM’s 101 years development history:Read MoreThe History Of Ibm Computers Essay1811 Words   |  8 Pages The history of IBM computers began in 1943, when the company created Mark I weighing nearly 4.5 tons (Yost 25). Already in 1952, the first big lamp computer IBM 701 appeared, and in 1959, IBM introduced the first transistor computers which reached such a level of reliability and performance that the U.S. Air Force found it possible to apply them in the early warning system of air defense (Yost 27-35). IBM is also the developer of the first general purpose computers, first computers with a byte-addressableRead MoreIbm Decade of Transformation13401 Words   |  54 Pagesnothing could be further from the truth. Lou Gerstner, IBM Annual Report, 2001 In 1990, IBM was the second-most-profitable company in the world, with net income of $6 billion on revenues of $69 billion, and it was completing a transformation designed to position it for success in the next decade. For the world leader in an industry that expected to keep growing spectacularly, the future looked promising. But all was not well within IBM, and its senior executives realized it. â€Å"In 1990, we wereRead MoreIbm on Demand Business3280 Words   |  14 Pages12:BochyÅ„ska Monika 69136 SzymaÅ„ski Konrad 69135Zarzycki MichaÅ‚ 69134 | Table of contents 1. Introduction 3 2. Business history 3 3. IBM 4 4. Problem identification 6 5. Analysis 8 6. Personal conclusions and lessons learned 10 7. Recommendations 11 8. IBM nowadays 12 9. Bibliography 13 10. Group elements evaluation 13 1. Introduction IBM, the biggest IT company in the world, from more than 80 years is the lider in supporting the innovation in business. The company offers complexRead MoreIbm Business Report8044 Words   |  33 PagesReport on the IBM Corporation Dear Dr. Law, Enclosed is our business research report about IBM Corporation. This report was written as a group project for the class Marketing 3495. In this report, reader may find some of the information about IBM interesting such as: how the company started? What is IBM marketing strategy? Etc. Through this research, we’ve learned a great deal about IBM Corporation. We are all inclined towards looking at future job opportunities offered by IBM. Thank youRead MoreEnvironmental Leadership of IBM Essay977 Words   |  4 PagesFactor: Environmental Leadership of IBM IBM has not only succeeded in maintaining its competition in providing software, computer technology and systems integrators, but IBM also successfully managing its resource such as energy, water, and material, including waste product, thus offering environmentally friendly products and services which have been recognized by various parties and has received many awards (IBM Environment Report, 2012). IBM success is always related to the leadership style of