In 2012 Sam Palmisano was
replaced by Ginni Rometty, yes these are the names of two CEOs of IBM who has set
examples of the success and the decline story. The history has recorded the
success marked by Palmisano, under whose leadership IBM was topping the list of
dynamic organizations. In his leadership IBM had received best investors’
interests. Since 2012 Ginni has occupied the throne of IBM but the company is
said to be dooming in her reign. In fact her roadmap for 2015 if adhered, then
the woes are going to get worsened.
What
exactly happened?
There are three things which
have resulted in the downfall of this corporate giant. Firstly, the current CEO
has not formulated a practically executable strategy. Secondly, IBM investors
were not pitched properly. Thirdly, the CEO has invested huge amount in R&D
which is now reflecting in the downfall of IBM. On the other hand Palmisano has
proved to be a great asset, he created successful pathway for business. His strategies
were best and during his reign he had pitched the investors and had doubled the
earnings of IBM.
What
do they teach us?
Having an insight is one thing,
but developing the understanding of how much time and capital to invest in what
is something mandatory.
It is clear that lack of having
proper management skills can drown organizations like IBM, Kingfisher and many
others that have become the great examples of management failure. It is very
important to develop proper management skills to run a successful business.
Strategic planning and analytical skills are must in even starting up a
business.
How
to save yourself from a business disaster?
Everyone cannot be sharp like Sam
Palmisano who can give a rocket success to its company. You need to have
sufficient management skills and moreover enhance your management skills. You
will be able to learn every aspect of management only through a proper
management degree. And this is the only reason why there is a substantially
increasing demand of management graduates.
Learn
management with Jaro Education online MBA programs
Jaro Education is one dynamic
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working professionals and students. Jaro Education brings these management
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universities have been ranked as best. Student after enrolling in the program
gathers the analytical skills, proper strategic planning and other management
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The program is delivered by the best national and international faculty
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Jaro Education programs are
tailored in such a manner that it persuades you to set a positive example in the
corporate world.
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