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In search of mediocrity: Why HP needs to return to the 'HP Way'
March 31, 2005 (9:00:00 AM) - 3 years, 7 months ago
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So Hewlett-Packard Co. finally announced its new CEO this week: Mark Hurd, the CEO of
NCR. A number of names had been bandied around in the media: Vyomesh
Joshi, head of HPs printing and imaging business, Quantum CEO Rick
Belluzzo, MCIC boss (and former Compaq CEO) Mike Capellas, and
Motorola's Ed Zander.
| <SLASH TYPE="image" ID="4622b72b007ed4371cfefdcce9657e26" TITLE="mel4"> | |
| Melanie Hollands |
Hurd is a competent manager with solid execution skills -- something HP sorely needs to improve, particularly in its enterprise business. He also has relevant management experience, since HP, like NCR, is a diversified "multi-product" global technology company.
However, Hewlett-Packard needs to do a lot, both strategically and tactically, to move from being a mediocre company to an industry leader. (Recall Chairman Patricia Dunn's comments at the time Carly Fiorina was fired, which implied HPs challenges were more about execution than strategy.) The company is spread too thin -- trying to be all things to all people -- and competing in too many diverse segments without effectively leveraging potential synergies.
