Fixing hp: 4 tips for meg whitman
Fixing hp: 4 tips for meg whitman"
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It's official. Léo Apotheker is out as Hewlett-Packard's chief executive, and former eBay boss and recent California gubernatorial candidate Meg Whitman is in. HP shares lost half
their value in a year under Apotheker, who took over after Mark Hurd left under an accounting/sex scandal. HP is right in the middle of a huge change — in August, it announced plans to shut
down its mobile phone and tablet operations, and spin off its PC division to focus on business software. Whitman says she'll stick to Apotheker's strategy, although she plans to
review it. What should she do to put the once high-flying company back on top? Here, four possibilities: 1. ABANDON APOTHEKER'S STUNNING CHANGE OF COURSE Whitman's first move
should be to "do Bill Hewlett and Dave Packard a solid," says Matt Burns at _TechCrunch_, and tear up Apotheker's plan to "abandon their original mission."
Hewlett-Packard has always been a PC business — it just "lost its way" over the last year with Apotheker at the helm. Rekindling "a start-up feel throughout the massive HP
machine" could turn HP back into the company it once was. Whitman should never forget HP "was founded in a Palo Alto garage." SUBSCRIBE TO THE WEEK Escape your echo chamber.
Get the facts behind the news, plus analysis from multiple perspectives. SUBSCRIBE & SAVE SIGN UP FOR THE WEEK'S FREE NEWSLETTERS From our morning news briefing to a weekly Good
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your inbox. 2. STICK WITH APOTHEKER'S PLAN — BUT EXECUTE IT BETTER "Apotheker's goal of pushing HP into higher-margin enterprise software and cloud services remains
valid," says Barb Darrow at _GigaOm_. Whitman just has to make sure she avoids the "communications and execution miscues" that got her predecessor canned. Announcing that she
plans to reevaluate the details in Apotheker's "grand strategy" now gives her plenty of "wiggle room" if she wants to tweak the details. 3. GO GREEN, MEG
Whitman's foray into politics showed that she's "clearly comfortable in the world of public policy," says James Farrar at _ZDNet_. And right now, the corporate world
needs a jolt to find ways to make green products that are as good for business as they are for the environment. Whitman should use her unique background to "plow new furrows for
sustainability and put the 'HP way' way out in front again." A free daily email with the biggest news stories of the day – and the best features from TheWeek.com 4. JUST DRAW
A CLEAR MAP — AND FOLLOW IT If Whitman is going to turn around HP, she needs a "clear stategic plan," says Kara Swisher at _All Things Digital_. Yes, that means "reevaluating
Apotheker's move to spin off its consumer PC business and shutter its webOS device development." But whatever she decides, the important thing is drawing up a plan that people can
understand and support. That will go a long way toward "reassuring rattled employees and restoring morale," and "calming disgruntled shareholders" who just want to see
the stock moving up again.
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