Company: IBM
Date: 2015-10-01
Overall rating: 3/5
Employment status: former

The changes necessary at a great company
Pros: IBM is still a great company, developing industry leading technology.  The market has changed requiring IBM to make major changes.   IBM Sr Management is trying to make these changes as quickly as possible for a very large organization.  The former management (CEO) setup the current management with the stock buyback strategy vs delivering leading edge technology.  The stock buyback to achieve EPS, hurt the delivery of the technology that was leading edge.
Cons: IBM is too reactive for current Qtr results, vs building a successful long term strategy.   The company continues to operate in silo's and the lack of cooperation between software, services and hardware.  There are still differences between sales plans and channel strategies between these groups.  IBM wants to leverage the resources of the channel but many times there is competition between IBM and BP sellers.