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IBM is a master at reinvention. They regularly discard unprofitable businesses and expand into profitable ones. In 2014, they disposed of businesses representin
by jalopy 10y ago
IBM is a master at reinvention. They regularly discard unprofitable businesses and expand into profitable ones. In 2014, they disposed of businesses representing $7b in revenue but -$500m in profit.
Managing to the future by getting rid of the dead weight is the only way you can survive to be a 100+ year old company in the technology space.