Corporate Governance

Posted by Dr. Bob on 09 January 2004 at 18:43:42:

I understand that a major contributory factor towards at least one of IBM's recent NHS losses was great customer concern about "IBM's Corporate Governance". I suppose they meant a lack of it.

Whilst this might not be at all surprising given recent Press Reports I think that it is highly significant to have heard it said from a sometime prospective customer, because in the past IBM has traded very much upon its integrity and commanded a premium in the market for it.

From now on I would therefore assume that they may indeed be barred from certain markets, and will have to drop their prices to maintain a position in others. For those who aren't interested in business then take this from me : it is very bad news for IBM and we should stay vigilant as it lashes out at the weaker around it.

Heads ... Retirees don't win, Tails ... retirees lose.