Louis V. Gerstner, Who Revived a Faltering IBM in the '90s, Dies at 83

Core Insights - The company has successfully shifted its focus from a declining mainframe computer business to consulting and services, indicating a strategic pivot to adapt to market demands [1] Group 1 - The new leadership was installed as an outsider, suggesting a fresh perspective was needed to drive change within the company [1] - The engineering of a comeback reflects the company's ability to reinvent itself in a competitive landscape [1]