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The Nerds . By Homa Moshari. Hi-Tech Entrepreneurs The Nerds. The computer “Nerds” who changed the world instead of following conventional careers are widely celebrated. Their social ineptness is a stereotype that is often inaccurate. BEFORE MICROSOFT. Family and early childhood
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The Nerds By Homa Moshari
Hi-Tech EntrepreneursThe Nerds The computer “Nerds” who changed the world instead of following conventional careers are widely celebrated. Their social ineptness is a stereotype that is often inaccurate.
BEFORE MICROSOFT • Family and early childhood • First computing experience • Roots of business career • The birth of Microsoft
PERSON-DATA • Born: October 28, 1955 ) (age 53)Seattle, Washington • Residence: United States • Alma mater: Harvard University (dropped out in 1975, honorary degree in 2007) • Occupation: Chairman of MicrosoftCo-Chair of Bill & Melinda Gates Foundation • Net worth▲US$58 billion (2008) • Spouse : Melinda Gates (1994–present) • Children: Jennifer Katharine Gates (1996), Rory John Gates (1999) and Phoebe Adele Gates (2002)
MICROSOFT • Basic • IBM Partnership • Windows • Management Style • Antitrust Law Violations • Appearance in Ads
BEST KNOWN FOR • AN AMERICAN BUSINESS MAGNATE • PHILANTHROPIST • THE WORLD’S THIRD RICHEST PERSON (AS OF FEB 8, 2008) • SECOND RICHEST AMERICAN (AS OF OCT 10, 2008) • CHAIRMAN OF MICROSOFT
Bill Gates “was impatient with those not as quick as he was, teachers included.” • He did better when his parents sent him to an elite private school • Started a small business while in high school • He dropped out of college to go into the software business
Bill Gates’ father took a red eye from Seattle to Boston to warn him he would never be a success if he dropped out of college...
Steve Jobs was adopted, a loner and nonconformist in school, dropped out of Reed College • Experimented with Indian mysticism, hallucinogenic drugs, communes, vegetarianism, fasting • “I’m just a guy who should have been a semi-talented poet on the Left Bank. I got sidetracked here.”
APPLE • Company • Marketing • Products • Market share
1.Company Foundation Locations Headquarter Founder Employees • Established on April 1, 1976 in California (Cupertino) • Starting capital • Steve Jobs: 1.750 $
Company Foundation Locations Headquarters Founder Employees • 284
Company Foundation Locations Headquarter Founders Employees • California (Cupertino)
Steve Jobs Foundation Locations Headquarters Founders Employees
Products Software Quicktime Online Hardware Notebooks iPods
Products Software Quicktime Online Hardware Notebooks iPods • Apple DOS • iPhone / iPod OS • Mac OS X • iLife / iPhoto / iMovie / iWork • Logic Pro
Markt share PC Market World PC Market USA MP3-Player USA Musicdownloads • 3,3 %
Markt share PC Market World PC Market USA MP3-Player USA Musicdownloads • 8,5 %
The Fame • Among America top 10 most admired companies by fortune magazine. • Appreciated for recruiting and retaining the best talent across the world. • Success attributed to skilled diverse workforce
Employee talent Innovation Use of corporate assets Social responsibility Quality of management Financial soundness Long-term investment value Quality of products/services Attributes of success
History of Diversity • 1953-Thomas.J.Watson jr. issued letter to management. • Late 1950’s-Letter used as foundation of company policy in negotiation to establish IBM Subsidiaries in southern US. • 1964- EEO Became a legal obligation as per Civil Rights Act. • 1970- Women and Minorities Recruited actively & creation of well Structured career development plan.
Cont. • 1970 &1980- Expansion throughout the world . • 1990- diversity council and network groups formed to promote diversity. • Early 2000 – skilled workforce gave edge to IT GIANT . • Concentrated on reducing the wastage of talent. • 2004 – HCMS Software developed to implement a talent model .
BACKGROUND OF IBM • 1911-: Computing-Tabulating-Recording company(CTR)=International time recording co.+computing scale co.+tabulating machine co. • 1914-:Thomas J.Watson Sr joined CTR as GM • 1924-:CTR renamed as IBM(international business machines corporation) • Watson as president-:self-respect & self-confidence.
Optimism Of Watson • 1932-:Formation of ‘Education Department’. • 1933-:Schoolhouse at Endicott, New York • 1934-36-:Group Life Insaurance,Survivorbenefits,paid vacations • 1935-:THINK(magazine for employees) • 1935-:1st Woman training classes • 1937-:1st payment for six annual holidays
World War II • 1942-:Funds & Program for disabled people • 1943-:Hiring of disabled people • 1943-:Ruth M.Leach,1st female corporate,vice-president of IBM • 1944-:UNCF watson joining the advisory board • 1952-:son of Watson Sr became president • 1961-:non-discrimination policy • 1966-:’Special Care’
1981-:Michael Coleman featured in journals • 1985-:10,250 employees 45%woman,22%minorities • Mid 1980-1990-:slowdown of IBM • 1986-87-:reduction of operating costs • 1988-:Employer of the year • 1993-:Louis V.Gerstner Chairman & CEO • 1997-:1st Global Women’s Leadership Meeting
Important Facts • The company promotes social networking. • Has presence in over 170 countries. • It has over 398,455 employees worldwide. • Biggest issue was 401(k) benefit plan. • Uses green sigma plan.