The Management of IBM
Section 1:
IBM is a public company which operates in the industries of computer hardware, software and IT services. It is a large American multination corporation with headquarters in
Armonk, NY.
The IBM Corporation grew out of a merger between three companies and created a long history of innovation. On June 16, 1911 Charles Ranlett Flint forms the Computing-TabulatingRecording Company as a merger between the Tabulating Machine Company, the International
Time Recording Company and the Computing Scale Company of America (“IBM-History of
IBM: 1910”, n.d.). CTR (Computing-Tabulating-Recording Company) was transformed under the leadership of Thomas J. Watson who became the company’s first president 11 months after being recruited by Flint (Matthew, 2008). On February 14, 1924, the company changed its name to the now iconic IBM (International Business Machines Corporation). The name change was a representation of the “growth and extension of C-T-R 's activities” which had outgrown the old name of the company. (“IBM-History of IBM: 1922”, n.d.). At this point in the company’s history, IBM was expanding into Europe by building three manufacturing plants there, increasing research and development, buying out numerous smaller companies such as German tabulating firm Deutsche Hollerith Maschinen Groupe (Feder, 2001), providing education and unprecedented social services to employees and introducing revolutionary new products and services such as the printing tabulator (“IBM-History of IBM: 1920”, n.d.)..
The company continued to grow through the early half of the 20th century and made it through the tough years of the Great Depression while sustaining employment and through the first and second world wars. Under the leadership of Watson, IBM continued production throughout the great depression despite low demand. When the federal government passed the social security act of 1935, IBM was stocked and ready to take on what was called “the biggest
IBM is a public company which operates in the industries of computer hardware, software and IT services. It is a large American multination corporation with headquarters in
Armonk, NY.
The IBM Corporation grew out of a merger between three companies and created a long history of innovation. On June 16, 1911 Charles Ranlett Flint forms the Computing-TabulatingRecording Company as a merger between the Tabulating Machine Company, the International
Time Recording Company and the Computing Scale Company of America (“IBM-History of
IBM: 1910”, n.d.). CTR (Computing-Tabulating-Recording Company) was transformed under the leadership of Thomas J. Watson who became the company’s first president 11 months after being recruited by Flint (Matthew, 2008). On February 14, 1924, the company changed its name to the now iconic IBM (International Business Machines Corporation). The name change was a representation of the “growth and extension of C-T-R 's activities” which had outgrown the old name of the company. (“IBM-History of IBM: 1922”, n.d.). At this point in the company’s history, IBM was expanding into Europe by building three manufacturing plants there, increasing research and development, buying out numerous smaller companies such as German tabulating firm Deutsche Hollerith Maschinen Groupe (Feder, 2001), providing education and unprecedented social services to employees and introducing revolutionary new products and services such as the printing tabulator (“IBM-History of IBM: 1920”, n.d.)..
The company continued to grow through the early half of the 20th century and made it through the tough years of the Great Depression while sustaining employment and through the first and second world wars. Under the leadership of Watson, IBM continued production throughout the great depression despite low demand. When the federal government passed the social security act of 1935, IBM was stocked and ready to take on what was called “the biggest
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