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Lou Gerstner. Louis Vincent Gerstner Jr. (born March 1, 1942) is an American businessman, best known for his tenure as chairman of the board and chief executive officer of IBM from April 1993 until 2002, when he retired as CEO in March and chairman in December. He is largely credited with turning IBM's fortunes around.
Dec 9, 2002 · Every confident man is shaken up at least once in a while, and for Louis V. Gerstner it happened on one of his early days at IBM. Three weeks into his job as the newly installed chairman and CEO in 1993, Gerstner was presiding over his first meeting at the company on the topic of strategy.
Nov 11, 2002 · Gerstner will retire from IBM in January. Elephants is the story of IBM's unlikely turnaround, told in first person by Gerstner. (The author makes a point of saying upfront that he wrote the book ...
Nov 19, 2010 · In the process, Gerstner defined a strategy for the computing giant and remade the ossified culture bred by the company's own success. The first-hand story of an extraordinary turnaround, a unique case study in managing a crisis, and a thoughtful reflection on the computer industry and the principles of leadership, Who says elephants can't dance? sums up Lou Gerstner's historic business achievement. Taking readers deep into the world of IBM's CEO, Gerstner recounts the high-level meetings ...
Mar 18, 2022 · Lou Gerstner’s long-term focus didn’t impress Wall Street, though, and stock prices remained static. He persisted and by 2002, stock value had increased by 800 percent and IBM was the industry leader in hardware, enterprise software, and custom computer chips. In Good to Great, author Jim Collins examined what separated good companies from the best. Lou Gerstner’s IBM was one of them.
May 21, 2017 · Lou Gerstner Meets His Challenge. IBM had become like a music-publishing company run by deaf people. – Paul Carroll, Big Blues: The Unmaking of IBM[2] Louis V. Gerstner, Jr. took up his position of Chairman and CEO of IBM in April 1993. Gerstner was the first outsider to take on this role since Thomas Watson Sr. had joined the company in 1914.
Dec 16, 2003 · Paperback – December 16, 2003. by Louis. V. Gerstner (Author) Who Says Elephants Can't Dance? sums up Lou Gerstner's historic business achievement, bringing IBM back from the brink of insolvency to lead the computer business once again.Offering a unique case study drawn from decades of experience at some of America's top companies -- McKinsey ...
Lou Gerstner was a pragmatic leader who took action based on good quality information and who showed great respect for the collective knowledge that existed in an organization on the brink of collapse. Lou Gerstner made the firm decision to keep IBM intact, and he changed its fundamental economic model, re-engineered how the company did business, and sold the under-productive assets. He focused on customers–and he used his ability to drive the focus into the employees by holding the ...
Jun 26, 2024 · Memorial Sloan Kettering Cancer Center (MSK) held its Academic Convocation and Commencement on May 15, 2024, celebrating new graduates and award winners. Our Chairman, Louis V. Gerstner, Jr., namesake of the Gerstner Sloan Kettering Graduate School, had the opportunity to honor the graduates. This year, 10 students earned their doctoral degrees ...
Apr 25, 2024 · Exploring the insights of Lou Gerstner, the esteemed ex-CEO of IBM, we find ourselves immersed in a domain where creativity is king. Gerstner’s words capture the spirit of a leader adept at steering through the constantly evolving business landscape with steadfast flexibility. With a customer-centric approach at the forefront, Gerstner emphasized the importance of building […]
