As we enter the next phase of IBM's transformation, we need a new organizational approach that will strengthen our focus on both day-to-day marketplace results and future growth opportunities, ... I believe this new structure is the best way to accomplish these goals, under the leadership of two of IBM's most experienced and capable executives.
More Quotes from Louis Gerstner:
This was a solid quarter, with earnings per share up 20 percent and an acceleration of revenue growth relative to the first half of the year,Louis Gerstner
we are facing a number of significant short-term issues, including an uncertain global economic environment, ongoing weakness in some parts of Asia and Latin America, and continued price pressures in semi conductors.
Louis Gerstner
The next thing is: we can make IBM even better. We brought IBM back but we're gunning for leadership.
Louis Gerstner
Computers are magnificent tools for the realization of our dreams, but no machine can replace the human spark of spirit, compassion, love, and understanding.
Louis Gerstner
In 2001, the company faces concerns that economic softness in the United States could worsen and expand into non-U.S. markets, ... Increasingly aggressive price competition and the potential effects of ongoing adverse currency movements are other areas of volatility.
Louis Gerstner
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