Seemed like a pivotal time in IBM's history. IBM in 1993 was looking face to face with irrelevance during his tenure after mainframes being evergreen declared relics, and losing the bus wars in the PC industry. IBM in 2002 was still an interesting R&D and products company. Unfortunately the talent bleed off has been continuous from that time and neither the R&D nor the products are as astonishing versus the competition as they used to be. At least no follow on CEO has been daft enough to undercut the mainframe business so far, but they did miss the timing and limp execution on plenty of things.. POWER8 was almost perfectly positioned to be the AI interconnect and glue of choice.
> a pivotal time in IBM's history.
Gerstner changed the culture, but there was perhaps no greater and more startling visible change than:
"IBM withdrew from the retail desktop PC market entirely, which had become unprofitable due to price pressures in the early 2000s. Three years after Gerstner's 2002 retirement, IBM sold the PC division to Lenovo." [1]
[1] _ https://en.wikipedia.org/wiki/Lou_Gerstner