Steve Lohr writing about IBM’s exit from PCs and HP’s double down on PCs:
Today, I.B.M.’s stock market value, at $217 billion, is more than four times that of the struggling H.P.
This is a great story about the smart moves IBM made to stay relevant and how they are now using that strategy to woo young talent to the company, largely by saying:
The pitch, he says, is that I.B.M. is a place where you can make a difference and do deep science.
I also love the fact that as part of crafting a new strategy, Palmisano sat down and read old speeches from Thomas Watson Sr to get a better sense of what the company was meant to be.