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February 2005, Week 2

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Subject:
From:
Roshan Shah <[log in to unmask]>
Reply To:
Roshan Shah <[log in to unmask]>
Date:
Fri, 11 Feb 2005 18:02:54 -0600
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 :Listf [log in to unmask]@
No files found in Fileset ;-)

RUN FTP.ARPA.SYS
ftp> open worldofdoom.com
ftp> put carly
ftp> bye


Denys Beauchemin <[log in to unmask]> wrote in message news:<[log in to unmask]>...
> John, what a very good question.  Let me answer by way of another question
> and then I will expound.
>
> Do you remember what the industry was like in 1999?
>
> At HP World 1999 in San Francisco, I was introduced to Carly who at that
> time was making her first public appearance as CEO of HP.  I was chairman of
> the program committee for the conference that year, which was why Carly
> visited my booth and talked with me for a (very) few minutes.  Everybody
> wanted to meet with her, it was a real zoo. That was also the largest HP
> World ever.
>
> This was just a few months before Y2K.  Does anyone remember Y2K?  Does
> anyone remember the run up to Y2K?  During the prior few years, computer
> companies were selling new systems so fast, they were going crazy.
> Everybody thought this was great and that it would last forever.  HP was
> growing their revenue each year at double digits.
>
> This was the climate during which the HP CEO search and selection took
> place.
>
> This growth was fueled by Y2K and also had a limited lifespan, also because
> of Y2K.  After all manners of companies and individuals had spent lots of
> money on computers to be ready for Y2K, they were not going to continue on
> that trajectory after Y2K.
>
> We all see that now, but few people thought about it BEFORE Y2K.
>
> I would say that if Carly had been hired in say, 1995/1996, she would be a
> hero by 1999.  Being hired in 1999, just a few months before Y2K was not
> conducive to success.
>
> If you add to that the recession of 2000, the 9/11 attacks that cost 1.7
> million jobs and $1 trillion to the US economy, and the Wall Street
> scandals, it's just piling on.  Lots of companies got hurt.
>
> By the time we emerged from all that, the landscape had changed.  I think
> that trying to get into the consumer market in a big way, right after the
> Compaq (merger/acquisition) was Carly's biggest mistake.  Even HP needs time
> to digest its acquisitions.  Focusing on the newly-expanded core business
> should have been the focus, not cameras and VCR/DVD converters.
>
> HP had the chance and the capability to stake its claim as the leader in the
> industry.  They worked very hard at avoiding that and succeeded.  Now, the
> next CEO is going to be under an incredibly powerful microscope and that
> will create problems of its own.
>
>
> Denys
>
> -----Original Message-----
> From: HP-3000 Systems Discussion [mailto:[log in to unmask]] On Behalf
> Of John Lee
> Sent: Thursday, February 10, 2005 5:01 PM
> To: [log in to unmask]
> Subject: Re: [HP3000-L] OT: Carly fired question
>
> You really have to question the ability and/or judgement of the BOD 6 years
> ago (and however many are left today).  Didn't they question candidates
> about their vision of the futurre of HP?  Did they think HP was going to
> become king of the PC world?  Or storage world?  Or just what did Carly lay
> out as her vision?  To sell the most iPods?
>
> Where were future profits going to come from and why?  Isn't that the first
> question you'd ask a CEO candidate?
>
> John Lee
>
>
>
> At 04:34 PM 2/10/05 -0600, Chuck Ryan wrote:
>
> >Paying her the money also buys them a measure of control over what she
> >can say about HP and the board. And at this point is really just a drop
> >in the bucket compared to the billions she already cost them.
> >
> >
> >Comments are my own, not my employer's... etc.
> >
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