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Global Strategy Plan - Essay Example

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Global Strategy Plan

Because of worldwide business expansion, the recognition of IBM-International Business Machines Corporation extended throughout the world. In the era of innovation, IBM product line has increased significantly. IBM first introduced LAN-Local Area of Networks and became the pioneer of LAN. This process allows PC users to exchange data, information, files etc. and to share printers within an office complex. In the twenty first century, IBM has become a renowned name in IT service management, consulting business and computer software-hardware industry. Samuel J. Palmisano is the president and CEO of IBM since 2002. (History of IBM, 27 March 2010, pp. 1-13) 
Brief History- This article creates a complete dynamic model of global strategic planning for IBM. This dynamic model shows many aspects of strategic planning system of IBM. Within this dynamic model of framework, some issues like competitive assessment, focusing on strategic issues, portfolio planning, threat or opportunity analysis, business intelligence and performance management will be emphasized and analyzed. Over the years, IBM has refined their strategic planning process. This strategic planning process works as a structure for decision-making. Like many other multinational business giants, IBM management team emphasizes on global business development. Staring with IT services, IBM is now diversifying themselves into different business solution providers like IT infrastructure, enterprise solutions, business consulting, outsourcing services and business intelligence etc. At IBM, Information Technology means achieving high and real business performance that is reflected in the business objective and venerable business commitment. IBM provides high-class business solutions with greater efficiency and accessibility to their clients. The management of IBM wants to anticipate and adapt to future changes and uncertainties rather than the victim of them. The IT, IT enabled ...Show more

Summary

In the beginning, the company has started their work only in New York. It started its journey in New York as the computer tabulating record company in 1911. However, within a short period, they expanded their business to different parts of…
Author : jrosenbaum
Global Strategy Plan essay example
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