MGMT 4370 Organizational Design Essay Example | Topics and Well Written Essays - 250 words

MGMT 4370 Organizational Design - Essay Example In the financial year ended December 2010 the company had made revenues of US$ 99.9 billion and had employed 426,751 employees worldwide. Over the years IBM has continued to shift its business mix, exiting commoditized segments while increasing its presence in higher-value areas such as services, software and integrated solutions (IBM, â€Å"International Business Machines Corporation SEC Form 10-K† 1).Currently, the company provides integrated solutions that leverages information technology and the company’s knowledge of business process to offer a diverse portfolio of services ranging from enterprise software to consulting to implementation of services to financing. To enable it to offer each of these services competitively, IBM has divided its major operations into five major business segments: Global Technology Services, Global Business Services, Software, Systems and Technology and Global Financing. IBM’s business model is built to support two principal goals: first is to help its clients succeed in delivering business value by becoming more innovative, efficient and competitive through the use of business insight and IT solutions; and secondly, is to provide long-term value to its shareholders (IBM, â€Å"International Business Machines Corporation SEC Form 10-K†