Business Week had an article which had this to say about IBM:
To me this is a bold statement that they are looking at the long term picture. They are not resting on their laurels.
We can learn from this. I know I typically do a self-assessment only when things are not going the way I would like - you are probably the same way. Let's learn from IBM and do regular self-assessments, even when things are going great. God might show us something we need to know.
On the surface, IBM seems to be cruising. Its stock is trading near a six-year high, at almost $106, and its overall financial performance has been improving steadily for more than a year. On May 29, the company raised this year's per-share earnings forecast after stepping up a stock repurchase plan.
However, in spite of that rosy outlook, IBM is making cuts to its workforce.
Making cuts like this is no fun; however, it is sometimes necessary. So why is IBM doing this now, when things are seemingly going well? Most companies would wait until things are not going well to make this sort of move.To me this is a bold statement that they are looking at the long term picture. They are not resting on their laurels.
We can learn from this. I know I typically do a self-assessment only when things are not going the way I would like - you are probably the same way. Let's learn from IBM and do regular self-assessments, even when things are going great. God might show us something we need to know.
No comments:
Post a Comment