THINK (again).
- Resource Type
- Interview
- Authors
- Leibs, Scott; FURMAN, MATTHEW
- Source
- CFO. Jul/Aug2011, Vol. 27 Issue 6, p52-56. 5p.
- Subject
- *BUSINESS success
*CORPORATE divestiture
- Language
- ISSN
- 8756-7113
The article presents an interview with Mark Loughridge, senior vice president for finance and enterprise transformation at computer giant International Business Machines Corp. (IBM). He talks about the role of financial team in the success of the company. He also talks about how the management rescued the company which was being written off as a dinosaur in the 1990s. He says that in an attempt to be profitable, IBM divested many products like printers, and it was really painful for them.