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<keyword id="10875" type="CITY" weightage="100" keywordseo="IBM">IBM</keyword>'s chief executive, Virginia Marie ‘Ginni’ Rometty, conveyed a message of ‘tough love’ to Indian employees during her visit to Bangalore last week. Rometty, 56, spoke about India's growing significance and its role in the revival of IBM, the company’s employees said. 
 
"If you are uncomfortable with what's going on in IBM, that's how I want you to stay. That's the only way we will transform this company together," an employee recalled her as saying. 
 
Rometty, who landed in Bangalore in a private jet, had dinner with a select group of women executives of the company on May 6. The following day, she addressed a town hall meeting where the top 100 IBM employees from India were present. 
 
After eight successive quarters of fall in revenues, Rometty is under pressure from investors. 
 
The contribution of emerging markets, including that of India, is likely to be about 30% of its revenues by 2015. At present, they contribute about 23%. 
 
This was Rometty’s third visit to India after assuming office as IBM's CEO in 2012, highlighting India’s importance in her game plan. 
 "IBM's senior management was here to reinforce the strategy and imperatives with the team in India. <keyword id="123121" type="COMPANY" weightage="100" keywordseo="IBM-India">IBM India</keyword> is a microcosm of IBM, delivering the full breadth of IBM capabilities to its clients," the company said in a statement to The Economic Times. 
 Rometty discussed her plan to set up a new Cloud data centre in Bangalore in order to keep off rivals like <keyword id="18635" type="CITY" weightage="60" keywordseo="Amazon">Amazon</keyword> and Google. 
 "Surprisingly, unlike her last visit when she met top customers including <keyword id="6358599" type="PERSON" weightage="60" keywordseo="Sunil-Mittal">Sunil Mittal</keyword> and Aditya Birla, there were no external meetings this time," a source added. "One notable exception was that no senior executive involved with IBM India's biggest client – <keyword id="15491" type="COMPANY" weightage="80" keywordseo="Airtel">Airtel</keyword> – was invited," said another source.

India To
Play Key Role In IBM Revival, Says CEO

<ul class="summary-list"><li>Yvette Gilmore is a <keyword id="6355515" type="UNKNOWN" weightage="60" keywordseo="business">business</keyword> <keyword id="6363690" type="UNKNOWN" weightage="100" keywordseo="Strategy">strategy</keyword> expert and the senior vice president of servicing product strategy at ServiceLink, a mortgage solutions company.</li><li>As she climbed the corporate ladder, she says she was often faced with tough career decisions, like changing industries or moving to a different state.</li><li>Gilmore explains that having a strong support system, trusting her intuition, and knowing her superpowers were key to help her navigate those decisions.</li></ul>From media mogul Oprah Winfrey, to IBM chairman Ginni Rometty, to General Motors CEO Mary Barra, it's clear women have made progress over the years on some executive fronts. Still, we have a long way to go to get more businesswomen to take the career risks needed to ascend to managerial, directorial, and C-suite roles. COVID-19's ongoing disruption has offered business professionals a huge opportunity to show their creative problem-solving skills. This moment should be one for women from all backgrounds to lead the charge equally with their male counterparts. But let's face it, women and especially women of color have had to work harder and smarter to get ahead, and still do. As a woman, a wife, and a mother, I've been able to navigate a career in the mortgage industry from loss mitigation services, to investor, to a service provider, climbing the corporate ladder at nearly every juncture. These moves have taken me from my home state of California to Texas and to Virginia, and the new jobs I've been offered typically entailed more risk than comfort. With that in mind, I'm proud of the risks I've taken, and want to encourage all women to take more chances in advancing their careers. Here are my top three tips for taking the right risks. <h2>1. Know your superpower</h2>Women need to believe more not only in what they've already done, but what they can do in the future. Confidence and self-promotion appears to be a problem for many women. While studies have shown that women are<a href="https://business.linkedin.com/talent-solutions/blog/diversity/2019/how-women-find-jobs-gender-report#:~:text=Women%20are%20more%20likely%20to,number%20goes%20up%20to%2018%25.#:~:text=Women%20are%20more%20likely%20to,number%20goes%20up%20to%2018%25.#:~:text=Women%20are%20more%20likely%20to,number%20goes%20up%20to%2018%25."> more likely to be hired</a> than men if we apply for jobs, we are more risk-averse: Women only apply for jobs they feel<a href="https://hbr.org/2014/08/why-women-dont-apply-for-jobs-unless-theyre-100-qualified"> 100% qualified for</a>, while men only need to believe they are 60% qualified. When it comes to career risks, women need to harness their fears to overcome them. Even though I graduated with a broadcast journalism degree, I decided to pivot soon thereafter to find a work-life balance that would be more congruent for a family. Before I knew it, I was offered a position in the male-dominated mortgage industry, which I had no experience in. While I would like to think I took the opportunity and never looked back, the truth is we all have doubts along our professional journeys. What I've learned is that you need to understand that your special talents transcend "roles." Your talents are not just portable — they are superpowers. So ask yourself: What is it about you that solves problems just before the team starts giving up? What is it about you that identifies problems before your teammates even know that they exist? What is it about you that makes old ideas new and brings new ideas to life?Everyone has that special talent, that superpower. If you don't know what your superpower is, you will likely act risk-averse until you are more self-actualized. Get to know what that is about you. Dig in. Figure it out. Ask others if you need to. The effort will be worth it. <h2>2. Trust your intuition</h2>It's never too late for women to start taking risks. But reality plays out differently. Consider that<a href="https://www.hrdive.com/news/risk-taking-can-help-women-succeed-but-many-fear-not-being-taken-seriously/546363/#:~:text=The%20report%20also%20found%20that,more%20than%2015%20years'%20experience."> 45% of women</a> with less than five years of experience are open to taking big risks to further their career, while only 37% with 15-plus years of experience state the same.That's the wrong mindset. Women are never too old to take a career risk. Even if people in your network tell you they aren't sure if you should take a chance, if you know that in your heart that you can do the job, you should go for it. If you have had the well-reasoned arguments with yourself about what's best for you with timing, location, and other factors, then there's something huge you need to do — trust yourself. Trust your intuition. For instance, when I was offered a job in Virginia, it was to work for an investor — something I had never done before, in a place where my husband and I didn't know anyone. Plenty of hand-wringing took place, and I considered walking away. But something in my gut told me to do it because the opportunity to work for an investor, while a totally new experience for me, would pay dividends in the future. And it did. <h2>3. Utilize your support system</h2>Before that move, I 'd already held several different positions during my career across different cities and states. When considering making one of these moves, I sometimes felt like we'd be only doing it for me. My husband usually responded, "Then, we should do it." Not everyone is going to have a rock like that as a partner, I get it. You can often find similar support from other loved ones and friends. In my career journey I've also confided in my personal and professional friends about such professional changes.It's important to vocalize to your network what kind of support you're looking for. Your support system needs to know what you need in order to help you take the risk. My support system has always had my back, and I couldn't have done it alone. Ask the people you trust — colleagues, peers, BFFs — for their take on your situation.While I've had a career that's been incredibly fulfilling thanks to risk-taking, I also understand taking chances and comfort are diametrically opposed ideas. To achieve the professional comfort women want, we need to embrace risk. That's all there is to it. To get there, we need to lean into our superpowers, our intuition, and our support system. We need to harness whatever fear we have and make it work for us. As my father used to say:"Baby don't worry about the mule going blind — just load the cart."<a href="https://www.linkedin.com/in/yvettewgilmore/" target="_blank" rel="noopener">Yvette Gilmore</a> is the senior vice president of servicing product strategy at mortgage solutions company ServiceLink. Over a career spanning two decades, Yvette has received housing and finance industry awards while leading Fortune 500 financial service organizations. At ServiceLink, she is responsible for developing products and services, such as her company's EXOS One Marketplace, that support strategic servicer client initiatives.

Taking chances is key to advancing your career, but women tend to be more risk-averse. Here's how to take the right risks, according to a business-strategy expert.

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Brendan McDermid / ReutersIBM Chairwoman and CEO Virginia "Ginni" Rometty speaks at an IBM Watson event in lower Manhattan on January 9, 2014.</div></div></div>Good morning! Here's the tech news you need to know this Thursday.1. <a href="http://uk.businessinsider.com/saudi-investment-in-uber-last-stage-of-unicorn-bubble-2016-6">Saudi Arabia has invested $3.5 billion (£2.4 billion) into Uber.</a> The tech industry has reached the last stage of the "unicorn" boom.2. <a href="http://www.businessinsider.com/elon-musk-on-apple-car-2016-6">Elon Musk thinks Apple started its secret car project too late.</a> Musk, who is CEO of Tesla, said it is a "missed opportunity."3. <a href="http://www.businessinsider.com/mary-meeker-apple-iphone-amazon-echo-2016-6?op=1">Mary Meeker thinks Apple is the past, and Amazon is the future.</a> The American venture capitalist has released her big annual report on the state of the web.4. <a href="http://www.recode.net/2016/6/1/11835514/bloomberg-mark-gurman-apple-scoop">Bloomberg is hiring ace Apple reporter Mark Gurman, Recode reports.</a> Gurman, who previously worked at 9to5Mac, is well-known for his constant scoops about Apple products.5. <a href="http://www.businessinsider.com/intel-ceo-brian-krzanich-canceled-trump-fundraiser-2016-6?op=1">Intel CEO Brian Krzanich was going to hold a Donald Trump fundraiser but suddenly cancelled it.</a> The Republican presidential nominee is not popular in Silicon Valley.6. <a href="http://www.businessinsider.com/evan-williams-wanted-twitter-to-buy-medium-for-500-million-2016-6?op=1">Twitter cofounder Evan Williams wanted Twitter to buy Medium, his publishing site, for $500 million (£346 million).</a> In the end the struggling social network's board opted against it.7. <a href="http://uk.businessinsider.com/ciscos-ceo-robbins-makes-a-power-move-2016-6">Cisco CEO Chuck Robbins has finally made the internal power move everyone was waiting for.</a> Robbins has systematically been reorganising the company since he took over as CEO a year ago.8. <a href="http://uk.businessinsider.com/ibm-ceo-response-to-her-critics-2016-6">IBM's CEO has a perfect response to her critics.</a> Ginni Rometty has been shrinking the company "by design."9. <a href="http://uk.businessinsider.com/sundar-pichai-on-nexus-phones-2016-6">Google's best Android phones are going to get better - but Google still won't make them itself.</a> CEO Sundar Pichai spoke about the state of the company's mobile operating system.10. <a href="http://www.businessinsider.com/facebook-deep-text-improves-public-posts-2016-6">Facebook will start scanning 10,000 posts a second to make comments less horrible.</a> It is using AI to read users' comments and help aid navigation. <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/bill-gates-elon-musk-interns-tesla-spacex-microsoft-apple-tech-moguls-2016-5">Here's where Elon Musk, Bill Gates, and Steve Jobs started as interns</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="44MDNnMzE6ryfbKPoZ_Gx7K3doWt9X8D" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

10 things in tech you need to know today

<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image">Kevin Lamarque/Reuters</div></div></div>President Donald Trump's biggest gatherings of business leaders fell apart, and according to reports Trump's own comments are to blame.As detailed by reports, the decision to finally disband the council came after Trump's comments over the weekend that did not explicitly denounce neo-Nazi and white nationalist groups at the heart of the violence in Charlottesville, Virginia.The Strategic and Policy Forum was announced in December 2016 for business leaders to have a direct line to Donald Trump and influence his policies going forward. Critics argued it was a simple way for Trump to display a stable, pro-business face. Steve Schwarzman, the Forum's leader and CEO of private equity giant Blackstone, said at the time that it was an opportunity to help shape the new president's policies."The Forum, which is composed of some of America's most highly respected and successful business leaders, will be called upon to meet with the president frequently to share their specific experience and knowledge as the president implements his plan to bring back jobs and Make America Great Again," said <a href="http://www.businessinsider.com/trump-strategic-and-policy-forum-includes-dimon-iger-schwarzman-2016-12">a release announcing the formation of the council.</a><h3><a href="http://www.businessinsider.com/strategic-and-policy-forum-trump-business-council-disbanded-scrapped-2017-8">For a full list of members, check out this post »</a></h3>There was only <a href="http://www.businessinsider.com/trump-meeting-worlds-biggest-ceos-2017-2">one official meeting of the Forum</a> on February 3, at which Trump promised "exciting times ahead" and said his administration was "coming out with a tax bill soon and a healthcare bill even sooner."Following the violence in Charlottesville and Trump's initial reaction in which he said "many sides" were to blame for the events. His remarks prompted the demise of the council. Here's a breakdown of how the council fell apart according to reports from <a href="https://www.cnbc.com/2017/08/16/inside-the-dramatic-decision-by-corporate-giants-to-rebuke-trump.html">CNBC's Patti Domm and Dominic Chu</a> and <a href="https://www.bloomberg.com/news/articles/2017-08-16/behind-ceo-s-trump-rift-48-frantic-hours-of-calls-calculation">Bloomberg's </a><a href="https://www.bloomberg.com/news/articles/2017-08-16/behind-ceo-s-trump-rift-48-frantic-hours-of-calls-calculation">Melissa Mittelman, Jennifer Kaplan, Jing Cao, and Zachary Tracer</a>:<ul><li>Sunday night: PepsiCo CEO Indra Nooyi began to ask other members about whether the Forum remained a good idea.</li><li>Sunday night/Monday morning: General Motors CEO Mary Barra and IBM CEO Ginni Rometty joined Nooyi in calling the other members and gauging the reaction to Trump's comments.</li><li>Monday morning: Merck CEO Kenneth Frazier quits an unrelated council of manufacturing business leaders, prompting a wave of departures from that group and ramping up public pressure among the other members of Trump's various business groups.</li><li>Monday afternoon: Trump's statement Monday condemning white supremacists and neo-Nazis cooled the nervousness of the Forum's members.</li><li>Tuesday afternoon: The straw that broke the camel's back. Trump's wild press conference walked back much of his statement from Monday and was seen by many as support for some members of the white nationalist protestors. "They were appalled by what has happened since Charlottesville and yesterday was the tripwire," one Forum member told CNBC.</li><li>Tuesday evening: Calls began again between members. Barra, Rometty, Nooyi, JPMorgan CEO Jamie Dimon, BlackRock CEO Larry Fink decided they will leave the Forum if it is not dissolved.</li><li>Wednesday morning, around 3 a.m. ET: Schwarzman requested all Forum members join a conference call in the morning.</li><li>Wednesday, 11:30 a.m. ET: On the call, the members agreed to end the council. As many as 10 of the 12 members on the council agreed.</li><li>Wednesday afternoon: Schwarzman got in contact with the administration to inform them of the decision, <a href="https://www.bloomberg.com/news/articles/2017-08-16/behind-ceo-s-trump-rift-48-frantic-hours-of-calls-calculation">according to Bloomberg</a> the Blackstone CEO spoke with White House adviser Jared Kushner.</li><li>Wednesday 1:14 p.m ET: Despite the CEOs coming to the agreement to disband the group themselves, Trump preempts a joint statement announcing the end of the council and tweets that it was his decision to end the Forum and the manufacturing council.</li></ul>And so the first so-called CEO president lost the counsel of the leaders of some of the world's most influential companies."There was such a firestorm. You don't know what's coming next or what he's going to say or do next," <a href="https://www.cnbc.com/2017/08/16/inside-the-dramatic-decision-by-corporate-giants-to-rebuke-trump.html">one Forum member told CNBC</a>. "It's striking when the president loses the confidence of America's CEOs." <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/lindsey-graham-holy-hell-attorney-general-jeff-sessions-mueller-donald-trump-2017-7">'There will be holy hell to pay': Graham warns Trump not to fire AG Jeff Sessions</a></h3> <div> </div> </div>

Here's how Trump's council of business titans fell apart

The spring semester for college students is slowly winding down, which means students in their senior year are getting ready to graduate. Many colleges around the US have lined up impressive commencement speakers, landing industry leaders in business, entertainment, and <keyword id="6358883" type="PERSON" weightage="60" keywordseo="Politics">politics</keyword>. We've compiled the list of college commencement speakers below and will continue to update this list as more speakers are officially announced:<div class="KonaFilter image-container display-table float_right"><div><div class="image on-image"></div></div></div>Dillard University - Actor Denzel WashingtonEmory University - Author Salman RushdieGeorge Washington University - Apple CEO Tim CookUniversity of Georgia - "Good Morning America" Anchor Amy RobachGeorgia Institute of Technology - US Secretary of <keyword id="6355445" type="COMPANY" weightage="100" keywordseo="Education">Education</keyword> Arne DuncanHarvard University - Former Massachusetts Governor Deval PatrickUniversity of Houston - Actor Matthew McConaugheyMassachusetts Institute of Technology - Chief Technology Officer of the US Megan SmithUniversity of North Carolina - Founding CEO of Hulu Jason KilarNorthwestern University - President and CEO of IBM Virginia Rometty University of Oklahoma - Founder and Chairwoman of Teach for America Wendy KoppUniversity of Pennsylvania - Pulitzer Prize-winning author and US ambassador to the UN Samantha Power Pepperdine University - Actor Anthony Hopkins<div class="KonaFilter image-container display-table float_left"><div><div class="image on-image"></div></div></div>Princeton University - Director, screenwriter, and producer Christopher NolanSouthern Methodist University - Former President of the US George W. BushStanford - NBC News Chief Foreign Correspondent Richard EngelTufts University - Former Secretary of State Madeleine Albright Tulane - Actor and Comedian Maya RudolphUniversity of Virginia - Actor Ed HelmsWake Forest University - Comedian Stephen ColbertCollege of William &amp; Mary - Former Secretary of State Condoleezza RiceUniversity of Wisconsin - Journalist and author Katie Couric <div class="margin-top"> <h3>NOW WATCH: <a href="http://www.businessinsider.com/smartphone-impact-brain-body-sleep-2015-2">This is what happens to your brain and body when you check your phone before bed</a></h3> <div> <div> <div class="ooyala-video-player" data-video-autoplay="false" data-video-id="BvMjVqcjoHdZBG6tTpXy8UkhB5_46U_c" data-player-variable="ooyalapopvideo" id="ooyalaplayer_popvideo" style="width:1280px;height:720px"></div> </div> </div> </div>

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India To Play Key Role In IBM Revival, Says CEO

BI India Bureau

Taking chances is key to advancing your career, but women tend to be more risk-averse. Here's how to take the right risks, according to a business-strategy expert.

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