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Hewlett-Packard (HP) Essay examples

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Hewlett-Packard (HP) is a company unlike any other. They serve everyone from consumers to small and mid-sized businesses to enterprises to public sector customers with an extensive portfolio of market-leading solutions specifically designed to meet the needs of each customer segment. In July 1999, Carly Fiorina joined HP as chief executive officer, and was named chairman a year later. A computer maker, HP was the largest business in the country run by a woman. But her initial success at Hewlett-Packard began to falter with the $19 billion acquisition of Compaq Computer in 2002, referred to by some as "Fiorina's Folly." The deal was vehemently opposed by the heirs of HP's founders. Fiorina prevailed, but most industry analysts considered …show more content…

She drove away the great executives that once helped HP become what it is. Without the talented execs in HP , the corporation was bound to flounder. Once Fiorina got ride of those talented people, those top executives became HP's competition. A great CEO is measured by the great people they choose to help them run their empires. Referring to the movie that we watched in class on Tuesday March 22, Jack Welch admits that he is only as good as the people around him. CEO's that think that they can be successful on their own are naive. Carly didn't develop enough effective managers, even passing up twice on having a Chief Operating Officer, the executive who is responsible for the day-to-day management of a company. If Carly had allowed a COO to be hired she would have had more time to invest in what she was hired to do. Carly was overconfident in her ways and wanted to much control . In my opinion , the way she scared off executives and did not want the board to hire a COO shows that she was threathened by talent and did not want anyone to maybe succeed her. Some CEO's need to let their pride down for just a minute and realize that surrounding themselves with the right and talented people is what makes themselves a better CEO. The lack of a COO greatly angered the board and they were not sure why Carly would not have The COO could have greatly helped her succeed. I have read many

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