HP will only be able to resurrect itself if the people leading it (including the BoD) stop thinking just about themselves and short term profits and start caring about what is best for the organization for the long term.
I still say the Hewlett and Packard family members should see if they can gain control of the company back from the BoD and take it private.
Lets play musical CEO's! It's like a fad, or a trend. One person, or (company) does it, and the rest follow. I predict.... More new CEO's in the near future.
Meg Whitmen saved Hp once she will do it again. Hopefully she will reverse Hp's choice of getting out of the pc consumor market, because that is going to be a huge mistake for them to do. They aren't IBM, IBM could do that because their pc consumor market was a small minority of their overall gross, Hp its the opposite their pc consumor market makes up the majority of their overall gross.
HP really needs someone that has years of experience managing a hardware company. Right now they just seem to be pulling random people from the board to serve as CEO..
Leo is the worst thing that can happen to a company. he came in with no credentials, got an interview from only 3 people on the board of directors, and decided to change a successful hardware company into a software company.
[citation][nom]eklipz330[/nom]Leo is the worst thing that can happen to a company. he came in with no credentials, got an interview from only 3 people on the board of directors, and decided to change a successful hardware company into a software company. he pretty much destroyed HP.[/citation]
The two before him had a big hand in destroying HP too. Hurd got rid of any innovation that they had, and Carly before him caused huge and damaging changes to the corporate culture, according to someone I know who works for HP.
Off to the next round of our corporations' favorite game: The board room incest. And if you screw up, you'll get a multi-million dollar golden handshake, and the fun begins anew - there's a C-level vacancy right next door, just waiting for you.
Lets see...HP Board members wanted to bring in somebody from outside to shake up the company in 1999...Fiorino then Hurd then Apotheker and now Whitman....How's that going for ya Board Members?