The Helmsman of IBM surface-to-air missile Palmisano IBM just celebrated its centesimal natal day in 2011. This huge bu hellss weapon is still tally well even more than that. check to Aries research, the just life expectancy of a multinational corporation-Fortune 500 or its equivalent-is between 40 and 50 years [4]. So what makes IBM pull round and succeed? The answer is that IBM has nice leaders especially Sam Palmisano. Palmisano became the eighth CEO of IBM in 2002. After Gerstner saved IBM from crumbling Palmisano make IBM look excellent over again and even erupt than perpetually [5]. Palmisano has a clear object for himself that is to leave IBM in better shape than he put up it and he made it [6]. Palmisano stepped mound as CEO thirty-first December 2011, ending a near-decade-long reign. Looking back hug drug years Palmisano made some(prenominal) key strategic moves that have paid off greatly for IBM. In 2002 IBM bought Pricewaterhouse Coopers Consultin g for $3.5 billion, and created a new planetary business building block called trade Consulting Services by combining IBM business serve and PwCC.

As a result, IBM Business Consulting Services becomes the worlds largest consulting services organization, with trading operations in more than 160 countries [7]. In 2003 IBM sold its elusive disk chock up business to Hitachi. In 2004 IBM sold its PC business to Lenovo. These moves were a clear signal that IBM is abandoning the low receipts business and pore on high profit business. In 2007 IBM further shifted jobs from high labor constitute regions in compass north the States and West Europe to low labor cost regions in Asia, Latin A merica and Eastern Europe and compass up gi! ant global service delivery centers that were adequate of avail clients around the world. This move was to respond to the challenge of the Indian technical school services upstarts. IBM reached a rich talent pool

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