No, I do not have the data with which to offer a knowledgeable opinion if Samsung Electronics or Amazon deserve the #1 and #2 spots, respectively, on Forbes’ 2020 Best Employers list. I do have enough data and experience, though, to have serious doubts if IBM deserves to be recognized as the world’s third-best employer. Let’s start with one of my favorite sayings from B. C. Forbes, the founder of Forbes. “With All Thy Getting, Get Understanding.” B. C. Forbes, Forbes, “Fact and Comment” editorial tagline Forbes went out "getting" information, but did they "get understanding?" Peter E. Greulich
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"Gentlemen, we do not manage our corporation for the stock market. . . .
IBM has spent $201 billion since 1995 on share buybacks (repurchases). I wonder if Arvind Krishna and James M. Whitehurst wish they had some of those dollars spent by their three predecessors on paper to now invest in people, processes and products Peter E. Greulich
"The only way to know if you have truly touched a man’s heart is when he reaches into his back pocket for his wallet." An old televangelist witticism Sometimes research produces one chart that seems to say it all.
Select the button below to read the article and see the one graphic that says it all. ... One of IBM's major stakeholders—its employees—are no longer vested, or investing, in their corporation.
Revenue and Profit Performance Deteriorated Revenue and Profit Growth Were in the Ditch Revenue and Profit Productivity Were a Disaster The New Demand-Side Strategy Worked — At a Price The Dividend Strategy Proved Pointless The Supply-Side Market Strategy Failed Maximized Shareholder Risk Minimized Shareholder Value |
Peter E. GreulichPete has been studying IBM and early American corporate history since his retirement in 2011. These are his thoughts and musings, and of those whose biographies he has read with links to articles and book reviews on this website. Categories
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