Category - Louis V Gerstner

Jr Louis V 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.

– Louis V Gerstner, Jr

Jr Louis V 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.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

My parents worked enormously hard to put four children through college. We didn’t have a lot of money.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

Quite frankly, I am not very comfortable in chitchat. When I go to board meetings, I arrive two minutes before and leave when it’s over. I don’t stay for lunch or go early and have coffee.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

When I arrived at IBM, there were ‘Team’ signs all around. I asked, ‘How do people get paid?’ They told me, ‘We pay people based on individual performance.’

– Louis V Gerstner, Jr

Jr Louis V Gerstner

I firmly believe that IBM’s size can be used to its advantage.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

When a manufacturing company in Spain looks to IBM for a solution to a problem, they expect us to bring the best of IBM worldwide to it, not just the experience of IBM Spain.

– Louis V Gerstner, Jr

Jr Louis V 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.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

The networked world offers the promise that maybe the information technology industry will start to, for the first time in a decade or so, address CEO-level issues.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

I want to take IBM back to its roots.

– Louis V Gerstner, Jr

Jr Louis V Gerstner

The Internet is ultimately about innovation and integration, but you don’t get the innovation unless you integrate Web technology into the processes by which you run your business.

– Louis V Gerstner, Jr

Jr Louis V 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.

– Louis V Gerstner, Jr

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