: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. > > > >* To join/leave the list, search archives, change list settings, * > >* etc., please visit http://raven.utc.edu/archives/hp3000-l.html * > > * To join/leave the list, search archives, change list settings, * > * etc., please visit http://raven.utc.edu/archives/hp3000-l.html * > > * To join/leave the list, search archives, change list settings, * > * etc., please visit http://raven.utc.edu/archives/hp3000-l.html * * To join/leave the list, search archives, change list settings, * * etc., please visit http://raven.utc.edu/archives/hp3000-l.html *