Wednesday, August 1, 2012

Can mighty Meg Whitman save HP?

massive job losses were announced at Hewlett-Packard. Now, the computer company put patients at a series of costly errors behind him

"Hewlett-Packard to lay off 27,000 employees," said the head, causing a look of this columnist. For while it is amusing to observe the beginning of a smart-ass like Facebook screw up (as it appears he has done with its initial public offering), it is quite another to see one of the world leaders the most important technology will appear in a death spiral. The thing to understand is that for geeks of my generation, HP was synonymous with excellence in engineering in the same way that Rolls-Royce aircraft engine designers. And the worst is that most were self-inflicted injuries of HP.

So it is with a heavy heart that I took the transcript of the internal video newish HP CEO, Meg Whitman, has sent its staff of 350,000, by announcing job cuts and other steps you take. After reading, I came in thinking that not only Meg understand, but it could turn even oil.

In his message laid the bad news on the line. "In late 2009, reported a workforce of about 304,000. In late 2010 we had nearly 325,000 employees, and at the end of 2011 this number had risen to almost 350,000 people. During the same period we have seen year on year revenue growth of 10% in 2010, 1% in 2011, and to the extent that in 2012, revenues were down.

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In 2006, the Board hired Mark Hurd as CEO. He also served for five years of revenue growth and an increase of 130% of share value, but in 2010 was forced to resign after allegations of "inappropriate behavior" with a voluptuous old "actress" who was also a consultant company. These accusations were unfounded and took a friend of Hurd, Larry Ellison, to characterize the actions of the board of HP as "the worst decision since the idiots staff of the board of Apple Steve Jobs shot for many years. "Ellison immediately hired Hurd as co-president of Oracle, and HP's shareholders sued the board of directors of HP.

In September 2010, HP hired another engineering, the name of Leo Apotheker, the German company SAP, which sells software business, not consumer products. In July Mr. Apotheker has launched the HP touchpad, a wannabee iPad killer. Forty-nine days later, the company announced that it breaks the touch screen - a decision not to entertain the traders who had pre-purchased 200,000 of these devices. The touchpad is discounted at $ 99 and immediately people were almost trampled to death in the stampede to buy. Not content with this victory, the next Apotheker announced that HP was out of the PC business altogether - then retracted after "internal review". Therefore, HP is still a major PC manufacturer.

In September 2011
Mr. Apotheker was certainly a generous compensation and the board of HP has finally appointed President and CEO to someone who knew what he was doing - Meg Whitman. It is truly an adult, who has worked for DreamWorks and Procter & Gamble, but most important was the CEO of eBay, for its massive expansion of 30 to 15,000 employees and $ 8 billion in annual revenue. His message to HP employees last week suggests that it is a model of how to tell employees the truth, and have a good understanding of what to do. Now all you have to do is make it happen.


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