IBM turns 100 this month. Remarkably, IBM has stayed vital and important for most of its history – except for that blip in the early-1990s when the company nearly collapsed.
In 1911, the company had $800,000 in net income. In 2010, IBM’s net income was $14.8 billion. Its stock has appreciated about 40,000 times.
A lot of IBM’s success can be traced back to its earliest years and the actions of Thomas Watson Sr., who ran IBM from 1914 to 1952. Today’s entrepreneurs and CEOs could learn some lessons from Watson, especially if they want to build a company for the ages.
The film features one hundred people, who each present the IBM achievement recorded in the year they were born. The film chronology flows from the oldest person to the youngest, offering a whirlwind history of the company and culminating with its prospects for the future. For more information.