The Helmsman of IBM surface-to-air missile Palmisano IBM just celebrated its centesimal natal day in 2011. This huge bu sinss railway car is still tally well even to a greater extent than that. check to Aries research, the just life expectancy of a transnational corporation-Fortune 500 or its equivalent-is between 40 and 50 days [4]. So what makes IBM pull round and succeed? The answer is that IBM has splendiferous leaders especially Sam Palmisano. Palmisano became the eighth CEO of IBM in 2002. After Gerstner saved IBM from crumbling Palmisano make IBM look excellent once more and even erupt than perpetually [5]. Palmisano has a clear end for himself that is to leave IBM in better shape than he free-base it and he made it [6]. Palmisano stepped mound as CEO thirty-first December 2011, ending a near-decade-long reign. Looking back go years Palmisano made some(prenominal) key strategic moves that have paying(a) off greatly for IBM. In 2002 IBM bought Pricewaterh ouse Coopers Consulting for $3.5 billion, and created a new world(a) business building block called occupation Consulting Services by combining IBM business serve and PwCC.
As a result, IBM Business Consulting Services becomes the worlds largest consulting services organization, with trading operations in more than 160 countries [7]. In 2003 IBM sold its elusive disk read business to Hitachi. In 2004 IBM sold its PC business to Lenovo. These moves were a clear signal that IBM is abandoning the low receipts business and think on highschool profit business. In 2007 IBM further shifted jobs from high labor con stitute regions in compass north the States! and West Europe to low labor cost regions in Asia, Latin America and Eastern Europe and compass up giant global service delivery centers that were adequate of religious service clients around the world. This move was to respond to the challenge of the Indian tech services upstarts. IBM reached a rich talent pool
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