Comments on: Obama Policies Attacked By IBM CEO. Wait, No They Weren’t.

By: Hawk

Hawk — Wed, 18 Mar 2009 19:46:22 +0000

“You’ve always said that you were committed to the competitiveness of American business.”

So, when a company outsources as many jobs to India, can it truly be called “American business.”

I’m sure I can get some sweatshop labor and get great profits too while being a traitor to our own country by putting American workers in the unemployment line.

By: KXB

KXB — Sat, 14 Mar 2009 02:36:58 +0000

Leaving aside Obama’s specific policies, IBM is an example of how an American company can re-invent itself. In the 1980′s, it made its name in typewriters and PCs. But, with plenty of cheap PC clones available, IBM had to figure out what to do in order to survive. So, it moved into servers and laptops, and this lead to consulting. IBM sold its laptop unit to the Chinese firm Lenovo. Lenovo was attracted to the unit because the name IBM still carries weight. And in India, IBM is competing successfully against its Indian competitors such as Infosys and Wipro. Yes, some shareholders took a beating when times were bad in the mid-90s. But investing carries that risk. Those that stuck it out did well. And IBM did it without running to the federal gov’t for a bailout.

If only American car companies and banks could follow IBMs example.

By: Duros62

Duros62 — Fri, 13 Mar 2009 17:48:23 +0000

And when we met, you listened to us and you implemented many of our ideas and your leadership made a difference. So, again, we appreciate it.

That’s how it’s supposed to be done.