American Decades
Watson, Thomas J., Jr. 1914-1993
PRESIDENT OF IBM
Succession.
Taking over an industry giant is never easy, but replacing a legend is even more challenging. Thomas Watson, Jr., had to do both when he assumed command of IBM from his father in 1952. Watson, Sr., had been the company's president since 1915, bringing his experiences from his previous work as a corporate officer at the successful National Cash Register Corporation to IBM. He dominated IBM with his personality and infused it with a spirit exemplified by his one-word motto THINK. Under Watson, Sr., IBM rarely made the great technological breakthroughs but always caught up with or passed its competition with superior sales and service.
UNI VAC.
When Thomas Watson, Jr., took over, IBM entered the computer market to compete with Remington-Rand's UNI VAC, a vacuum-tube technology computer. Watson allowed his competitors to develop new technologies, such as the transistorized...
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1950's Business and the Economy
- Overview
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Topics in the News
- Advertising in the 1950s
- The AFL-CIO
- Air Travel in the 1950s
- Alcoa, Aluminum, and the End of a Monopoly
- Bank of America Leads a Financial Expansion
- Big vs. Small Businesses
- Creating the Computer
- Credit, Inflation, and Price Controls
- Energy
- Farming in the 1950s
- Housing in the 1950s
- Labor in the 1950s
- The Merger Wave
- The Military-Industrial Complex
- The National Highway Act and the Auto Industry
- The Railroad and its Decline
- Shopping Malls
- The Stock Market and Investment Trends
- The Sun Belt
- The Television Industry
- The Turbulent Teamsters
- Headline Makers
- People in the News
- Deaths
- Publications
- Important Events in Business and the Economy, 1950–1959
