Friday, October 13, 2006

A Company that Can Run Itself from Wherever It Makes the Most Business Sense

I found this interesting blurb highlighting the continuing changes in corporate life:

"A job reassignment notice from IBM today signals something more than that another American executive is moving his office halfway round the world. John Paterson, the company's chief procurement officer, is relocating from Somers, N.Y., to Shenzhen in southern China. IBM's (nyse: IBM - news - people ) global procurement division is going with him. It is the first time, the company says, that it has moved a corporatewide headquarters division outside the U.S. Shenzhen sits just north of Hong Kong on the southeastern side of the Pearl River delta.....That shifting global pattern of employment is old news, but that the top-boss job in a key division is relocating marks a milestone along the road of IBM's transition from an American multinational to a global company, one that can run itself from wherever it makes the most business sense. "

Check out: IBM Goes Global -

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