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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.
Lou Gerstner
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Lou Gerstner
Age: 82
Born: 1942
Born: March 1
Business Executive
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Mineola
New York
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More quotes by Lou Gerstner
If life was so easy that you could just go buy success, there would be a lot more successful companies in the world. Successful enterprises are built from the ground up.
Lou Gerstner
In the end an organization is nothing more than the collective capacity of its people to create value.
Lou Gerstner
You don't get points for predicting rain. You get points for building arks.
Lou Gerstner
Every now and then, a technology comes along that is so profound, so powerful, so universal, that its impact will change everything. It will transform every institution in the world. It will create winners and losers, will change the way we do business, the way we teach our children, communicate and interact as individuals.
Lou Gerstner
Our military should be trained and structured around missions, not the elements of air, water, and land.
Lou Gerstner
People don't do what you expect but what you inspect.
Lou Gerstner
I look for people who work to solve problems and help colleagues, I sack politicians.
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.
Lou Gerstner
Everything starts with the customer.
Lou Gerstner
Customer complaints are the schoolbooks from which we learn.
Lou Gerstner
The fundamental issue is: In the world of the Internet, is there a place for a packager of services? Does the customer want to go surf the Net and go to every one of 50,000 Web sites? Or will people pay a reasonable amount for somebody to go out and preselect and package what they want? My guess is they will both coexist.
Lou Gerstner
IBM needed - an enormous sense of urgency.
Lou Gerstner
I have always believed you cannot run a successful enterprise from behind a desk.
Lou Gerstner
The real mechanism for corporate governance is the active involvement of the owners.
Lou Gerstner
For the first month, I listened, and I tried very hard not to draw conclusions
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
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
Watch the turtle. He only moves forward by sticking his neck out.
Lou Gerstner
We do not need Departments of Commerce, Labor, and Education we need a single Department of Skills that will promote an integrated approach to global competitiveness.
Lou Gerstner
The thing I have learned at IBM is that culture is everything.
Lou Gerstner