IBM Case Study - FENDI
IBM Case Study - FENDI
IBM Case Study - FENDI
The "Let's Put Smart To Work" strategy from IBM is a thorough strategy
designed to assist businesses in using cutting-edge technologies and accelerating
digital transformation. It is more than simply a marketing initiative; it is also an
invitation to clients and partners to work with IBM to use intelligent technology to
transform businesses and organizations. The goal of the method is to integrate humans
and machines so that they can work together to do jobs that humans cannot complete
on their own. IBM aspires to be an industry disruptor and focuses its cutting-edge
technologies on particular business applications to serve clients and better the world.
With the goal of enabling smarter enterprises, the strategy spans a number of sectors,
including agriculture, automotive, aviation, banking, healthcare, insurance, oil and
gas, retail, and utilities.
The strategy is rooted in its core values which serve as the guiding principles
that shape the company's behavior. The strategy reflects these values in several ways:
Dedication to Client Success, innovation that Matters trust and Personal
Responsibility. To articulate these values, IBM conducted a global discussion event
called ValuesJam involving over 50,000 employees. The outcome revealed three
fundamental values that underpin IBM's business practices. Teresa Yoo, the vice
president of brand strategy and experience design, explains that these values are not
defined by a specific product or leader but are shaped by what IBM believes and
values in the world. These values have evolved over time and remain at the core of
everything IBM does. The values include a strong dedication to the success of every
client, a commitment to innovation that has a meaningful impact on both the company
and the world, and a focus on trust and personal responsibility in all relationships.
The "Let's put smart to work" initiative appeals to businesses seeking improved
efficiency and overall excellence.
Weaknesses:
Opportunities:
Threats:
IBM should take into account several significant trends to mitigate the
mentioned threats and ensure its continued relevance. These include seizing
opportunities in the growing demand for AI and blockchain technologies, as
well as expanding into developing countries. Another crucial trend to capitalize
on is adopting a customer-centric approach, enabling on-demand product
customization. Additionally, IBM should prioritize maintaining a strong
security profile, as customers increasingly prioritize security in the era of the
Internet of Things (IoT).
5. What is “agile” marketing at IBM? Why does IBM use the agile approach?