Dell Corp. | Michael Dell | CEO | high-tech giant | Texas
Micahel Dell Takes On The World
by
Helen BondDell's CEO looks beyond the U.S. and
past the company's staple PCs to new opportunities across the
globe in wireless, servers, and data storage. Good thing the
direct-sales giant is accustomed to remaking itself -
fast.
Walk into Dell Corp.'s new four-story corporate headquarters in
southwest
Austin's West Lake Hills neighborhood and you are struck
by the simplicity. Here's this $32.6 billion high-tech giant, and
the fanciest thing in the lobby is a couple of plants and a glass
case enclosing posted EEOC guidelines. It is a no-frills style
fitting for chairman and CEO
Michael Dell's direct-sales approach.
No wining and dining here. It's about delivering technology, at the
right price, fast.
By now, most of us are familiar with Dell's legendary success - a
direct-to-the-customer, build-to-order PC business founded in 1984
from its namesake's
University of Texas dorm room.
Now, at a still youthful 36, Dell is considered an old-timer in a
business environment where successful companies succeed fast, and
struggling ones bite the dust just as quickly.
But slow Dell is not. Over the past five years, the company has
increased its market share by 22 to 24 percent in every product
line, compared with six-tenths of a percentage point by its next
four competitors collectively. Dell also recently toppled rival
Compaq from its perch as the world's top computer systems
maker.
Navigating this landscape successfully has earned Dell a reputation
for managerial brilliance that induces many an executive to imitate
his change-friendly, turn-on-a-dime corporate culture. And now,
Dell's Internet strategy is one more reason business people ask,
"How does Michael Dell do it?" The company's online ordering and
fulfillment system is so successful that 50 percent of sales come
via its Web site, even as the once-golden words "dot-com" have lost
their luster. Not that Dell has escaped the slowdown. Sluggish PC
sales and a faltering economy resulted in first-ever large-scale
layoffs at the company this year.
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