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For the first month, I listened, and I tried very hard not to draw conclusions
Lou Gerstner
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Lou Gerstner
Age: 82
Born: 1942
Born: March 1
Business Executive
Businessperson
Mineola
New York
Firsts
Listened
First
Month
Hard
Conclusion
Draw
Draws
Tried
Listening
Months
Conclusions
More quotes by Lou Gerstner
You can’t mandate [cultural change], can’t engineer it. What you can do is create the conditions for transformation. You can provide incentives. You can define the marketplace realities and goals. But then you have to trust. In fact, in the end, management doesn’t change culture. Management invites the workforce itself to change the culture.
Lou Gerstner
Our military should be trained and structured around missions, not the elements of air, water, and land.
Lou Gerstner
A lot of people saved IBM. Yes, I was the leader of that team but I could never have done it without a group of IBMers helping me.
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My parents worked enormously hard to put four children through college. We didn't have a lot of money.
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The world is full of CEOs that think that just because they write a memo or they write a letter inside an annual report or they give a little video speech that gets sent around the company, they think that's what's really going to affect employees.
Lou Gerstner
Never confuse activity with results.
Lou Gerstner
The thing I have learned at IBM is that culture is everything.
Lou Gerstner
Computers are magnificent tools for the realization of our dreams, but no machine can replace the human spark of spirit, compassion, love, and understanding.
Lou Gerstner
Customer complaints are the schoolbooks from which we learn.
Lou Gerstner
What we believe is going to be very important is the delivery of traditional software and services and hardware over the Net. That's a form of electronic marketplace.
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You can never be comfortable with your success, you've got to be paranoid you're going to lose it.
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We built this company from the customer back, not from the company out.
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If the practices and processes inside a company don't drive the execution of values, then people don't get it. The question is, do you create a culture of behavior and action that really demonstrates those values and a reward system for those who adhere to them?
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The real mechanism for corporate governance is the active involvement of the owners.
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IBM needed - an enormous sense of urgency.
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Visit USA.gov and you'll find thousands of directorates, agencies, boards, offices, and services replete with overlapping responsibilities, ancient priorities, and divided accountability.
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Everything starts with the customer.
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In the end an organization is nothing more than the collective capacity of its people to create value.
Lou Gerstner
If CEO compensation was performance-driven, which I believe it was in IBM's case, nobody would ever argue. If the shareholders didn't make billions and billions of dollars, I wouldn't make millions of dollars. My salary was the same for 10 years. It was all performance-based.
Lou Gerstner
Watch the turtle. He only moves forward by sticking his neck out.
Lou Gerstner