As a business owner you can live the dream of being your own boss, making your own way, and plotting your own destiny. You may even have the satisfaction of knowing that your business helps to sustain the lives and families of employees who work for you. The life of an entrepreneur can be a stimulating challenge as you creatively work to overcome obstacles and ratchet your way up the competitive food chain in your industry. One of the less exciting responsibilities of running your own establishment is paying your taxes.
The roots of IBM date back to the s. Since the s or earlier, IBM has described its formation as a merger of three companies: The individual companies continued to operate using their established names until the holding company was eliminated in Flint remained a member of the board of CTR until his retirement in The product lines were very different; Flint stated that the "allied" consolidation Of the companies amalgamated to form CTR, the most technologically significant was The Tabulating Machine Companyfounded by Herman Hollerithand specialized in the development of punched card data processing equipment.
Hollerith's series of patents on tabulating machine technology, first applied for indrew on his work at the U. Census Bureau from — Hollerith was initially trying to reduce the time and complexity needed to tabulate the Census. His development of punched cards in set the industry standard for the next 80 years of tabulating and computing data input.
After winning the government contract, and completing the project, Hollerith was faced with the challenge of sustaining the company in non-Census years. He returned to targeting private businesses in the United States and abroad, attempting to identify industry applications for his automatic punching, tabulating and sorting machines.
When the diversified businesses of CTR proved difficult to manage, Flint turned for help to the former No. By drawing upon his managerial experience at NCR, Watson quickly implemented a series of effective business tactics: As the sales force grew into a highly professional and knowledgeable arm of the company, Watson focused their attention on providing large-scale tabulating solutions for businesses, leaving the market for small office products to others.
He also stressed the importance of the customer, a lasting IBM tenet. At the helm during this period, Watson played a central role in establishing what would become the IBM organization and culture.
He launched a number of initiatives that demonstrated an unwavering faith in his workers. He hired the company's first disabled worker inhe formed the company's first employee education department in and in he introduced his favorite slogan, "THINK," which quickly became the corporate mantra.
Watson boosted company spirit by encouraging any employee with a complaint to approach him or any other company executive — his famed Open Door policy.
He also sponsored employee sports teams, family outings and a company band, believing that employees were most productive when they were supported by healthy and supportive families and communities.
These initiatives — each deeply rooted in Watson's personal values system — became core aspects of IBM culture for the remainder of the century. For example, the McClures magazine, v53, Mayhas a full page ad with, at the bottom:BibMe Free Bibliography & Citation Maker - MLA, APA, Chicago, Harvard.
Introduction IBM, International Business Machines Corp., founded in , the United States, the world's largest multinational industrial information, now has more than 20 million employees worldwide, operations in over countries and regions.
Christopher Strachey published a paper titled Time Sharing in Large Fast Computers in the International Conference on Information Processing at UNESCO, New York, in June, Later on, in , he clarified in an email to Donald Knuth that: " [my paper] was mainly about multi-programming (to avoid waiting for peripherals) although it did envisage this going on at the same time.
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Antique Copying Machines Left: Victoria copying machine, Le Bureau Moderne, Right: Minolta's update on copying machine advertising imagery. Second image courtesy of the Museum of Business History and Technology. Offices need more than one copy of a document in a number of situations.