Posted on 09/19/2015 10:38:16 PM PDT by Perdogg
Thrust into the national spotlight thanks to Wednesday night’s GOP presidential debate, everything about Carly Fiorina is under the media’s microscope. Much has been said about Fiorina’s job record, particularly her tenure at Hewlett-Packard. Fiorina was fired from HP in 2005, a fact her opponents love to mention.
Also, the patent issue is stupid as well. Patents can be bought. And very likely HP did no more innovating. What they did is increase their legal staff. Engineers with lawyers hovering over them can produce a million patents. But it slows down the innovation process while they have to describe every piece of every new product to a patent lawyer who misrepresents it to the US patent office. Too get more patents you do not hire more engineers, you hire more lawyers.
Carly did fine at HP. It was a tough job. And like Michael Eisner at Disney or Lee Iacocca at Ford, she had a constant fight with the founders family who also were the biggest shareholders. Eisner and Iacocca also lost to the offspring of the founders. That did not make them bad executives.
Steve Jobs was fired several times, what does that tell you?
For a real journalistic article, the author should have done more homework, instead of copying WaPo attack piece for half of his/her article, then use one single chart from Bloomberg to make the point.
How about a real comparison of what Dell, IBM, Sun (the other companies listed on the chart) did during that time period? How many each laid off, how many of these CEO got fired then got a 100 million bonus, etc. for a start.
Then come back and tell us Fiorina really didn’t do too bad at HP.
...and others of us had to use HP junk after her tenure.
Stock price is a mere fraction of a company’s overall performance, products and reputation in the long term.
Post a Lucent chart. It was during Her tenure that any company with a pulse was provided internal loans to “buy” Lucent gear. when the bubble burst on .com The loans became worthless and Lunent was a buck stock. Think it recovered to around 5 enforce they merged withAlcatel.
Is that enough failure for you? does anyone need to operate a business to understand that fiasco? Is it alright that she was only following the herd over the fiscal cliff when she implemented the product loan scheme?
a leader, or lemming?
The counter argument would be that she laid the ground work for future success, she made the correct decisions during a transition period and future success was due to her foresight.
RE: Looks like Scott McNealy at Sun did a worse job than Carly did at HP.
SUN is no more, swallowed by Oracle. As for Scott McNealy, haven’t heard from him for ages.
All I remember about Scott McNealy is when he said, “Privacy is over. Get over it.”
What has she achieved? Top of the black list as a CEO candidate for starters... : )
Well, she was economic advisor for the McCain presidential campaign.
Thank you. I read it wrong. Duh. Thought it was her entire tenure.
Carly has not been a success at anything she has done.
Period.
She couldn’t make a go of it at H.P. She FAILED!
She is a Fritz Hagel follower.
Folks, if you know nothing more than that, it’s a no sale.
What is so enticing about that woman for all of you?
Good freakin grief.
Go for Cruz or someone else. Fiorina is not a good candidate. She offers nothing that isn’t on the table with Cruz. HP? LOL
HP shows the greatest value increase after Fiorina is ousted. Is that the point to be clarified?
That’s what the chart shows....and, that’s the hopeful/intended consequence of ousting a bad CEO.
One trick pony. What has Carly achieved since HP?
*****
Well, she was economic advisor for the McCain presidential campaign.
Where she was ALSO quickly fired, after stating that neither Sarah Palin OR John McCain could manage a corporation. (Ms High and Mighty got the zot, soon after.)
Here’s the REAL question....
Ten years after being FIRED from HP, which company has hired Snarly to be their CEO?
Zip, zilch, nada.
“Immediately after she left however, HP began rising,..”
No. Based on this chart, HP was coming back up BEFORE she left. Don’t cherry pick to support your view, like East Anglia.
“Steve Jobs was fired several times, what does that tell you?”
It tells me you’re not paying attention. Fired once then rehired by Apple, unlike Carly.
Apple isn’t included because they were doing extremely well at this time and throws off this “Carly did as bad as everyone else” narrative.
Ive been on several boards family and start ups and currently serve on an advisory board for large commercial loans on a local bank I invested in 10 years ago
It’s unusual to fire a CEO doing a great job regardless of board politics
HP revenue went up because she bought a Compaq which was a failure in itself
Profit went down decline revenue going up and the workforce slashed ....the latter causing issues
She had the reputation as very caustic and ambitious and not liked or respected and if you lose money then you’re done
She lasted longer than she should because she’s a girl
HP stock went up 7-10% on news of her firing
No you cannot manipulate financials to someone who knows how to look at them
I pay folks to help me with that and nothing gets by them
This notion she was going great but got fired anyhow is poppycock no offense
She got 21 million in severance
If she was doing so well and they needed to push her out for some Hollswood political motive even though she was making money for the shareholders it would have been much higher for a company the size of HP
she has to parse this
Trump on the other hand doesn’t really have to and trying to explain is lost on the low info voter
He almost went broke for reaching too far and Indian casinos coming online
He recovered large
Fiorina did not
She defeated the conservative in a GOP primary and lost to whack job
She’s only there cause she’s a chick
Fired and a lost election and hints of Lucent resume
A man would not be on the stage
Nor would a white brain surgeon either for that mater
She had an attendance rate in person of 17%
https://www.scribd.com/doc/46093517/Tsmc-2009-Annual-Rpt
Nobody bats a 1000 :P That’s a chart I’d like to see.
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