Company: IBM
Date: 2008-06-11
Overall rating: 3/5
Employment status: current

Much potential but different strategy required
Pros: Fantastic legacy - the company still an industry leader. There is an impression, however, that the company is sliding in the ranks as we yield leadership in various industries and segments. Ultimately this could be due to a strategy which takes too much cash and uses it to buy back shares rather than re-investing in the company for sustained competitive advantages.
Cons: Micromanagement and myopic focus on the quarter as opposed to the tackling of strategic issues.