IBM – Strategic management

Introduction

To introduce the paper, the paper must deal with the important form of strategies. The paper will select the proper organization to meet the important goals and objectives and also to articulate the corporate philosophy with proper structure and policies.

The paper will be divided in different parts where there will be the proper definition of business, goals and its mission as well as philosophy.The paper will also evaluate the mission statement which is appropriate for the company and also is important for the major focus.

Next, the paper will meet with the proper evaluation with respect to the performance of the chief executive officer of the selected company i.e. IBM thus this paper will meet with the proper evaluation with respect to the performance of the chief executive officer of the selected company along with the important perspectives of shareholders, employees, customers as well as suppliers with regards to the abilities as well as priorities of the proper goals, objectives as well as commitment.

This way, the paper will meet with the effective focus on the development and management on important theories as well as practices. With the help of wide range of management journals, strategic management and other recommended readings as well as resources, this paper successfully met with the important understanding of thoughts as well as practices for the successful completion of the project.

Discussion

To evaluate the formal mission statement of the company i.e. IBM is that it provides and strives to lead the world with invention, innovation and development along with the most important and the advanced information technologies with the help of software systems, computer systems and other important focuses. It also deals with the most advanced information technologies to provide high values to the customers and to deal with the most professionalized solutions with regards to proper services, consulting businesses around the whole world. The company also believes to meet with the mission statement together and to develop the successful inspiration with customers, employees and associates. (Entrepreneur.com, 2012)This statement clearly defines the business and helps to identify the major goals. The mission statement of this company meets with the business goals and values so the important contents help to reflect the important tools. This way, the mission statements serves the important form of purpose and also it helps to meet with the ownership and management. This discusses the value of the mission statement with proper sizes of the organization. It also helps to meet the future plans and goals for the operation of the company. Thus the organization defines the objectives and advantages. (Collis & Rukstad, 2008)

The business adapts important model to deal with the important advantage of technologies and it also meets with the other important capabilities. It helps to establish the proper benefits with the today’s most competitive environment so as it also seeks for the realistic approaches to develop the strong and the actionable goals as well as objectives. (Kalpan & Norton, 2004)

The company meets with the important customers and serves their important models of strategies with proper pricing and business model. Thus in order to develop the most integrated approach, the company describes the most important functions, skills and resources with proper coordination and important boundaries. The company also establishes the high quality and meets with the continuous improvement. (Ibm.com, 2012)

To articulate the corporate philosophy, it tends to discuss about the intelligent, interconnected and instrumented world. It also believes in building the strong knowledge and collaborating across the industries for talent development and other important challenges. It also focuses on strong form of tradition with the important goals of reducing complexities and helping to develop the globally competitive world with respect to knowledge, technology and other important innovation as well as advantages. It also creates the important pool of disciplines with the development of relationships and other important environment. (Ibm.com, 2007)The organization is known well for its excellence and also it performs the important tasks and abilities in an enthusiastic manner. It also deals with honesty, integrity and carries the proper reputation of ethical behavior with customer loyalty and business relationships. IBM maintained the market position with proper circumstances on the changed environment. It planned its international growth strategy with the help of innovative and productive measures. The philosophy deals with the shared and mutual respect with proper maximization of output. IBM transforms the idea of dynamic and strong capabilities with successful and broad range of solutions. These changes meet with the important transformations of information technology and services as well as solutions. It has become the largest global services from the technology company to the broad based solutions provider. This benefits the way of innovation and makes the profit accordingly. IBM enjoyed the percentage of sales with high level of profits and also it had developed its growth with high level of development. The company does not lack in terms of smart, talented and dedicated people and it begins the transformation with high speed and proper focus on customers with team work. The business also had undergone the remarkable transformation with proper reasons for success. It focused on the dynamic capabilities and clear commitment with the important focus on its strategy and implementation. (Harreld, 2006)

The company also tries to improve its quality of life in communities around the world. (Ibm.com, 2011)

It maintained the task force with proper efforts and diversity thus it believes in important business opportunities that helps to focus on the important growth and development. The company also demonstrates leadership support with proper belief and encouragement along with proper awareness. This way it integrates the important management practices and also deals with the better task forces. (Thomas, 2004)

Thus to evaluate the performance of the chief executive officer, CEO have huge skills of collaboration, interaction and communication that helps to build the high level of flexibility and develops the success in the environment. The CEO holds the key leadership positions with the adoption of proper positioning. The CEO also holds the important roles and responsibilities with the largest and the most diversified services in the organization. (Ibm.com, 2012)The CEO Mr. Samuel J. Palmisano developed high amount of creativity with the help of top leadership qualities to generate and to meet the important areas of performance. This way, they strongly focused on the relationship of integrity as well as creativity that led to great performance. It also helped to create strong focus in terms of customers. The CEO was also focused on the importance of innovation and new ideas and approaches for better opportunities. The business models were also changing with time. This way, the CEO operated effectively for better improvements. CEO and their teams were communicating in the different manner that helped to balance the communication approaches. It also established the purpose and values of the company. The CEO made the bold and strong selection of creativity with the quality of leadership and also they admired the most important vision and quality of operating effectively. They also started committing the success with the courageous and visionary decisions to increasingly deploy the important range of innovative tools of communication to meet the new generation. With its important strategies, the company won the high level of performance and financial rewards. The CEO also focused on the face to face conversations with its officers and employees in different countries that helped the people to become connected with their customers and partners successfully. This also empowered values and engaged the customers with proper innovation and growth. (Jacobsen, 2012)

The CEO’s says –

v  Focus on disruptive innovation to manage the business risks and to encourage the important approaches.

v  The company should manage complexity with the impacts of technology to meet the best revenues and strong level of performance.

v  Innovation has been the major focus and top priority for the CEO’s

v  The CEO also believed in openness and transparency for the competitive and collaborated organization.

Shareholders and stakeholders are the key essential contributors and participators that enhance the overall financial positions and performance. CEO (Chief executive Officer) plays very important key role to define the success in terms of position, performance, shareholders, employees, customers, suppliers’ expectation and satisfaction through managing the whole activities with proper and structured planning, organizing, staffing and managing concept to achieve the pre determine individuals and organizational goals and objectives. As per the given scenario the organization is operation its businesses globally. Shareholders and stakeholders benefits create positive image and enhance brand values in the existing and potential market that help to expand the businesses geographically, locally and internationally. So, to maximize the benefits in perspective of shareholders, employees, customers and suppliers is very essential part of the success for the businesses.Meaning of requirements and benefits has change with the geographically or environment that have businesses. In this scenario the domestics and regional CEO (Chief Executive Officer) roles become more important and effective. The domestics and regional CEO has clear visibility and idea about the expectation that have the shareholders, employees, customers and suppliers. To create the effective impression and enhance the overall performance, effectiveness and efficiency the domestics and regional CEO (Chief Executive Officer) have following key characteristics and abilities, detailed below:

–          Analytical Skills: To analyze the customers’ requirements to provide competitive and effective products and services

–          Effective managing skills: The leaders focus on effective skills, growth as well as development.

–          End to end market knowledge: There is a requirement of effective knowledge as well as information for proper business.

–          Complete visibility of competitors and existing and potential market: There is a requirement of proper visibility of competitors as well as other potential market.

–          Idea about USP of the products and services delivered to market: The leaders focus also on the unique selling proposition which is an important part for the products as well as services.

–          Good interpretation skills, ability and knowledge to understand and manage the people emotionally and professionally

–          Highly ambitious: The leaders are required to be focused and ambitious in their goals and mission.

–          Goal and objective oriented: The leaders are also required to be goal-oriented.

ConclusionEvidently the paper must conclude by saying the effective strategy that there has been the discussion on proper statement with respect to the selected company’s mission i.e. IBM’s mission and its goals as well as corporate philosophy.

The paper on the second part focused importantly on the evaluation of the performance of the company’s CEO. This evaluation has been based on the proper performance and other important perspectives of shareholders, employees, customers as well as suppliers.

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