October 2011
Beginner
288 pages
7h 12m
English
book
What Makes Great Leaders Great: Management Lessons from Icons Who Changed the World
by Frank Arnold
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CHAPTER 2
Create Customer Value
LEARNING FROM
Lou Gerstner
Former IBM CEO Lou Gerstner (born in 1942) is said to have been one of the best managers of his generation. Many people rank him alongside Jack Welch, Bill Gates, or Andy Grove. And a look at what Gerstner achieved at IBM, where he masterfully engineered one of the most stunning turnarounds in business history, more than justifies the claim that he genuinely earned his place in such illustrious company. The major lesson to learn from him is how important it is to focus a business totally on generating customer value.
In 1993, IBM was in a bad way—such a bad way, in fact, that Intel CEO ...