OUTLOOK: Firing Carly Fiorina
Thursday 10 February 2005
Yet beneath the voyeuristic profiles lies a story of failure and bad management. Hewlett-Packard has been a disaster zone for ages now. In personal computers, it has been out-competed by Dell, its share of the server market is plummeting and its core business in printers is going nowhere. On top of all this came the disastrous merger with Compaq, which with the benefit of hindsight looks like more of an attempt to distract from wider problems than forge a new computing powerhouse.
The board cited concerns about execution in firing Ms Fiorina yesterday and I can't say I'm surprised. The merger with Compaq, opposed by many shareholders at the time, has been appallingly handled. Strategically, Hewlett Packard seems equally at sea. Yet all is not lost for those who saw Ms Fiorina's elevation to the senior echelons of corporate America as a symbolic breakthrough for women in the boardroom. Her main executioner, Patricia Dunn, is a woman too. The world has indeed changed.
The Independent's live blog of today's Premier League action
- 1 Scottish referendum: So how about the English now being given a chance to split from England?
- 2 Stamford Hill council removes 'unacceptable' posters telling women which side of the road to walk down
- 3 Kim Kardashian 'nude pictures' leaked on 4chan weeks after Jennifer Lawrence 'The Fappening' scandal
- 4 Matthew Miller: American sentenced to hard labour in North Korea 'wanted to be Snowden II'
- 5 Iranian blogger found guilty of insulting Prophet Mohammad on Facebook sentenced to death
Stamford Hill council removes 'unacceptable' posters telling women which side of the road to walk down
Kim Kardashian 'nude pictures' leaked on 4chan weeks after Jennifer Lawrence 'The Fappening' scandal
Iranian blogger found guilty of insulting Prophet Mohammad on Facebook sentenced to death
4Chan naked photos leak: Celebrity Twitter reactions to the mass breach of privacy
Hitler’s former food taster reveals the horrors of the Wolf’s Lair
Scottish independence referendum: A nation divided against itself
Scottish referendum results: Cross-party consensus collapses amid Tory-Labour spat on the 'English question'
Scottish independence: David Cameron is becoming the 'George Bush of Britain'
Russia freezes Ukraine into submission: Kiev admits country doesn't have enough fuel for winter
Archbishop of Canterbury admits doubts about existence of God
Portuguese academic says British are 'filthy, violent and drunk'
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