Dynamic Capabilities at IBM: Driving Strategy into Action
Dynamic Capabilities at IBM: Strategy in Action In the early 1990s, many Wall Street analysts had written off IBM as a company; its stock price was the lowest it had been since 1983. By 1992, more than 60,000 jobs had been lost and, in spite of John Akers’ (the CEO until 1993) efforts at transformation, the company was failing. ................
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