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Developing Strategic Management and Leader ship skills
Pages 16 (4016 words)
Developing Strategic Management and Leadership Skills: A Case Study of 'The Fall of IBM' Name: Class: Date: Table of Contents Table of Contents 1 Introduction 2 Strategic Management & Leadership in Business 3 Definition of Strategic Management & Leadership 6 Function of Strategic Management & Leadership 7 Review of Business Management Theory 9 Business Management Theory in Organizations 11 Meeting Strategic Objectives in Business Management 12 Styles of Business Management 13 Adapting Management to Situational Challenges 15 Conclusion 16 Sources Cited 17 Introduction IBM is established as one of the largest multi-national companies in the world, a global leader in information technology, with
Garreth Jones of Texas A&M University has written a historical account of what he calls “The Fall of IBM” (2009), detailing the strategic management and leadership styles of the former CEO’s of IBM who followed the Watson family as executives in the company. Jones (2009) highlights the changing market environment that would see mainframe computers go from the dominant product in corporate business management, to the introduction of the PC (Personal Computer), which made mainframes obsolete. While IBM managed this transition to become one of the largest makers of personal computers in the world at the time Microsoft Windows was introduced as an operating system in the 1980’s, the company would completely abandon that market within ten years to reorganize business operations around consulting services, software, research & development, and enterprise IT. ...
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