1) IBM’s transformation from a “product-centric” to a “service-centric” organisation required investments in a number of key areas. The CEO of IBM at that time was Louis Gerstner Jr. He placed importance on focus‚ speed‚ customers‚ teamwork and execution. Gerstner totally revamped the company’s whole operating procedures‚ from top management to bottom‚ by standardising global core processes‚ centralising the company to leverage its strengths as provider of solutions to customers‚ fixing the core
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References: 1. Gupta C.B (2010)‚ HRM- Publisher (Sultan Chand & Sons) ‚ Changing Nature of work‚ pg no. 38.3 2 3. http://www.ibm.com/ibm/in/en/ on Jun 29‚ 2012 at 04.38 p.m. 4. http://www-07.ibm.com/in/research/‚ 2012 at 09.37 p.m. 5. http://www-07.ibm.com/in/research/laboverview.html on July 22‚ 2012 at 06. 20 p.m. 6. http://www-07.ibm.com/in/careers/diversity.html on August 10‚
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IBM - SWOT Analysis Strengths Since IBM was founded in 1896‚ it has gone through a very long experience in the technological industry with a very strong brand name. The company has a wide range of products to appeal and attract different customer needs and to maintain its competitive position. IBM in 2009 was considered as one of the largest and most profitable computer services company in the world with a market capital of about $119 billion and 319‚000 employees speeded in 150 countries around
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Current Price (04/19/13) Target Price (IBM-NYSE) NEUTRAL Outperform 10/08/2009 $190.00 $200.00 IBM reported a dismal first quarter missing the Zacks Consensus Estimate on both lines. Revenue growth was particularly weak‚ due to execution problem and lackluster demand. We believe that sluggish IT spending remains the major headwind in the near term. Additionally‚ increasing competition in the hardware segment is another significant concern going forward. IBM continues to expand its Power systems
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INDIAN INSTITUTE OF MANAGEMENT AHMEDABAD • INDIA Research and Publications Minimizing Customer Waiting Costs for Rental Vehicle Providers using Threshold Reservation Policies Jennifer A. Pazour Debjit Roy W.P. No. 2012-12-05 December 2012 ✏ ✓ The main objective of the Working Paper series of IIMA is to help faculty members‚ research staff‚ and doctoral students to speedily share their research findings with professional colleagues and to test out their research findings at the
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1)Yes‚ I believe playing on jeopardy is a good way to test machine intelligence. You are able to see if the machine can keep up with the speed of the human brain and if can process complete thoughts like a human brain; all while being up a 3 second time crunch. It is interesting to see that even though 3 seconds seems quick how the human response is still quicker. Actually gives me a little piece of mind that we still have a differentiator over machines. 2) It is able to express information
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Relative Size in the Industry IBM is part of the technology sectors in the diversified computer systems industry (IBM: Summary for International Business Machines- Yahoo! Finance). The market cap is 254 billion with IBM making up 218.6 billion. IBM is the largest company relative to the diversified computer systems industry. In a less specific industry of computers IBM only trails Microsoft Corporation by 12 billion dollars ("International Business Machines Corp."). Because of IBM’s large size
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History: IBM was founded on 1914 by Thomas Watson. The driving force behind the success of the company‚ however‚ is his son‚ Thomas Watson‚ Jr.‚ who understood the potential of computers and embraced new technologies. Under him‚ the System/360 was developed and became highly successful. Despite IBM’s steady approach toward its one hundred-year anniversary‚ the company continues to lead the market in terms of innovation. Corporate Information: IBM is one of the world largest companies‚ delivering
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Few companies have had such a long history of ups and downs as IBM. What were some of the keys to its recent success? Can its plan to solve some of the world’s most challenging problems succeed? Why or why not? International Business Machines‚ abbreviated IBM and nicknamed "Big Blue"‚ is a multinational computer technology and IT consulting corporation. IBM manufactures and sells computer hardware and software and offers infrastructure services‚ hosting services‚ and consulting services in areas
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IBM was able to reduce its procurement costs by sending purchase orders‚ receiving invoices and paying suppliers by using the World Wide Web as its transaction processing network. Much of the savings came from eliminating intermediaries—IBM was able to eliminate intermediaries because the Internet allowed IBM to work with multiple tiers of suppliers simultaneously. 2. The speed and ease of using the Internet allowed IBM to form partnerships with small suppliers even though many of these
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