Chapter
The Transformation of IBM to Software, Cloud, and AI Company
56:19 - 1:04:11 (07:52)
IBM has reinvented itself from a primarily consulting company to one focused on software, cloud, and artificial intelligence in recent years, with consulting accounting for only 30% of the business in 2022.
Clips
The speaker discusses the importance of building long-term trust with big clients, especially national technology giants that tend to prioritize their own national interests.
56:19 - 57:56 (01:36)
Summary
The speaker discusses the importance of building long-term trust with big clients, especially national technology giants that tend to prioritize their own national interests. He emphasizes the need to honor promises, act with values, and prioritize security and access to data.
ChapterThe Transformation of IBM to Software, Cloud, and AI Company
Episode#362 – Ginni Rometty: IBM CEO on Leadership, Power, and Adversity
PodcastLex Fridman Podcast
The pressure faced by a CEO during periods of revenue decline can be immense, as so many people depend on the business's success.
57:56 - 58:56 (01:00)
Summary
The pressure faced by a CEO during periods of revenue decline can be immense, as so many people depend on the business's success. It's vital for CEOs to prioritize their fundamental beliefs and not sacrifice them, even during high-pressure times.
ChapterThe Transformation of IBM to Software, Cloud, and AI Company
Episode#362 – Ginni Rometty: IBM CEO on Leadership, Power, and Adversity
PodcastLex Fridman Podcast
IBM had to undergo its largest reinvention in order to stay relevant in the tech industry and remain in existence.
58:56 - 1:00:21 (01:24)
Summary
IBM had to undergo its largest reinvention in order to stay relevant in the tech industry and remain in existence. The company worked hard to make changes and divest $10 billion worth of businesses in the process of changing 50% of its portfolio.
ChapterThe Transformation of IBM to Software, Cloud, and AI Company
Episode#362 – Ginni Rometty: IBM CEO on Leadership, Power, and Adversity
PodcastLex Fridman Podcast
In this podcast, the speaker shares about IBM's transformation into a 70% software, cloud, and AI company despite making mistakes along the way and taking a hit from their largest software acquisition.
1:00:21 - 1:04:11 (03:50)
Summary
In this podcast, the speaker shares about IBM's transformation into a 70% software, cloud, and AI company despite making mistakes along the way and taking a hit from their largest software acquisition.