IBM Redux: Lou Gerstner and the Business Turnaround of the Decade Doug Garr

An inside look at one of the greatest business stories of our day: Lou Gerstner"s dramatic transformation of IBM from a dying company into a nimble giant

When Lou Gerstner took the helm at IBM in 1993, the company was headed toward bankruptcy. Six years later Big Blue was back and better than ever: its stock at an all-time high; its coffers filled with cash; and its market capitalization a healthy $169 billion. How did Gerstner do it?