Fiorina made meaningful and positive changes that were absolutely detested by the complacent, non productive and very self satisfied HP management and work force.
She was bringing HP into the 21st century when the dotcom boom busted.
At the time, every tech companies’s stock took massive hits as the bubble inflated tech stocks boom burst.
A lot of very good companies went under for good and HP might have went under for good if it were not for the changes Fiorina put in place.
Once again, a new management team was brought in.
Why?
Either she was cutting it or she wasn’t.
She wasn’t.
No person would ever be deemed to have been a bad CEO, if your model is realistic. A bad CEO is replaced, and the company turns around. Hence the moves the prior CEO made were vindicated.
This eliminates most CEOs from ever being held responsible.
I’m not buying it.