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Over at Red Herring:
If long-time insiders and the outsider they brought in, and then removed from office, can only agree they are on the right path, HP has exhausted its leadership reservoir. There’s nothing but troubled history ahead until the company finds a decisive leader with the Silicon Valley credentials to move the old HP off its comfortable but slowing growth strategy. Shares, which were up as much as 10 percent on the news of Ms. Fiorina’s departure, probably went in the wrong direction.
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3 replies on “My take on Fiorina de-reign”
I disagree. Fiorina was a bad decision from the start. The stock was devalued by 50% during her tenure. Now, HP can get back to caring about people. Unfortunately, it will have to do it carrying a $19 billion monkey on its back.
Yes, she was a disaster from the beginning. If that didn’t come through in the Herring post, I wasn’t doing a very good job (that was the intent of the jab about the Invent commercial). The problem is that she didn’t move the ball forward and the ball was being fumbled before she came in, too. HP is stagnant. They need a new direction.
My mistake.