BUSINESS MACHINES (IBM) 2 IMPORTANCE OF HISTORY IN MANAGEMENT 3 THE IMPORTANCE OF TECHNOLOGY IN ECONOMIC DEVELOPMENT 4 JOHN AKERS WAS A PRACTITIONER OF SCIENTIFIC MANAGEMENT 5 HOW BUREAUCRACY IN IBM RESULTED TO INEFFICIENCY 7 HENRI FAYOL’S PHILOSOPHY 10 THE MAIN LEADERSHIP PROBLEMS IN IBM 13 OTHER MANAGEMENT ISSUES/LESSONS IN THE CASE 15 SIMILAR CASE – UCHUMI SUPERMARKET 16 SUMMARY OF INTERNATIONAL BUSINESS MACHINES (IBM) In the early 1900s
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ANALYSIS OF THE REPORT 1. Current ratio The company in all the years will be able to meet its obligation‚ especially in 2013 2. Quick ratio Company is using its inventory efficiently during the year and meeting its long term expenses 3. Cash ratio Company has sufficient amount of cash to meet its requirements 4. Inventory turnover ratio The company in year 2013 is converting its inventory into valuable product and selling it more efficiently 5. Inventory Holding Period In year 2013
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1. IBM as a product centric organization before its near failure was a bloated organization with 400 000 employees heavily invested in low margin‚ transactional‚ commodity-based businesses. As technology progressed‚ the demand for IBM’s inventions began to diminish. The entire organizational structure was also growing redundant‚ making it more challenging to face off competition from smaller and less diversified competitors. As Louis Gerstner‚ Jr embarked on turning the entire company around‚ there
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industry at that period and was extremely successful in the market. 2. From 1970s to 1980s‚ IBM kept on introducing a series of IT innovations including hard disk‚ floppy disk and the IBM PC in the early 1980s. These products fit the customer needs perfectly at that period and soon dominated the market. The factors led to IBM’s problems during the late 1980s including: 1. The wrong strategies made by IBM against changes in the needs of the customer. At that time‚ the customers increased the need
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include industry examples to illustrate your answers. The purpose of this essay is to provide a critical assessment of the strengths and weaknesses of the classical and human relations theories of management giving some industry examples which supports their applicability and importance or otherwise. “‘Critical evaluation is the skill of assessing the strengths and weaknesses of a piece of work‚ and of understanding the importance of its contribution to the subject’. Hulme‚ J.A. (2004). For the
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1. IBM: A Systematic Financial Analysis. 1.1 Introduction In order to make informed investment decisions‚ potential investors should carefully analyze all available information about the company (or companies) that they are planning to add to their portfolios. One such way is by performing a systematic financial analysis for each of the companies in question (Giroux 2003). The results of this analysis can then be used to determine whether or not the company presents a sound investment
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IBM Business Consulting Services IBM Strategy and Change Services — Operations Strategy Helping clients with critical business issues Clients look to Operations Strategy for help with these critical business issues: • Cost efficiency and performance improvement • Focus on company’s core business • Increasing shareholder value • Continuous process improvement • Maintaining competitive edge • Improving customer service quality Drawing on the strength of the full Highlights strategy and change
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IBM’s Smarter Planet initiative is as follows: Strengths: 1. IBM has high quality and efficient employees who satisfy all the customers’ needs and want. 2. IBM is a well-known brand name in the world. Weaknesses: 1. IBM seems to focus only on big companies whereas there are a large number of small and medium companies around the world. 2. They are exploring new products in complex markets which might make changes difficult. Opportunities: 1. Offering new technologies in developing countries
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4 INDUSTRY SPECIFIC OPPORTUNITIES AND THREATS This chapter elaborates the opportunities and threats in some important sectors in Pakistan which are likely to emerge by the opening up of trade between the two countries. These sectors include: Textiles and Clothing‚ Iron and Steel‚ Chemicals and Pharmaceuticals‚ Automobiles‚ Small and Medium-sized Enterprises and Information Technology. Textiles and Clothing The textile and apparel sector continues to be the driving force for economic
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1. Opportunities 2.1 旅游产业发展迅速 2004年，我国入境旅游全面恢复振兴并有新的突破性大发展。全年入境旅游人数达1.09亿人次，比2003年增长18.96%，比2002年增长11.37%：其中外国人1693.25万人次，比上年增长48.49%，比2002年增长25.99%。 In 2004‚ China’s inbound tourism revitalization and has new breakthrough in big development is fully restored. Throughout the year to 109 million‚ the number of inbound tourism increased by 18.96% than in 2003‚ up 11.37% from 2002‚ 16.9325 million people‚ including foreigners an increase of 48.49% over the previous year‚ up 25.99% from 2002
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