[net-gold] BUSINESS: CORPORATIONS : COMPUTER : INDUSTRIES : BUSINESS: CORPORATE CULTURE AND MANAGEMENT STYLE: Darkness Shrouds Hewlett-Packards Once-Proud Culture
- From: "David P. Dillard" <jwne@xxxxxxxxxx>
- To: Net-Gold -- Educator Gold <Educator-Gold@xxxxxxxxxxxxxxx>, Educator Gold <Educator-Gold@xxxxxxxxxxxxxxxx>, net-gold@xxxxxxxxxxxxx, Net-Gold <Net-Gold@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxx>, Net-Gold <net-gold@xxxxxxxxxxxxxxxx>, K-12ADMINLIFE <K12ADMIN@xxxxxxxxxxxxxxxxxxx>, K12AdminLIFE <K12AdminLIFE@xxxxxxxxxxxxxxx>, MediaMentor <mediamentor@xxxxxxxxxxxxxxx>, Digital Divide Diversity MLS <mls-digitaldivide@xxxxxxxxxxxxxxx>, NetGold <netgold@xxxxxxxxxxxxxxxx>, Net-Platinum <net-platinum@xxxxxxxxxxxxxxx>, Sean Grigsby <myarchives1@xxxxxxxxxxxxxxx>, Temple Gold Discussion Group <TEMPLE-GOLD@xxxxxxxxxxxxxxxxxxx>, Temple University Net-Gold Archive <net-gold@xxxxxxxxxxxxxxxxxxx>
- Date: Sun, 15 Aug 2010 09:35:41 -0400 (EDT)
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BUSINESS: CORPORATIONS :
COMPUTER :
INDUSTRIES :
BUSINESS: CORPORATE CULTURE AND MANAGEMENT STYLE:
Darkness Shrouds Hewlett-Packards Once-Proud Culture
Darkness Shrouds Hewlett-Packards Once-Proud Culture
Salt Lake Tribune
Money
<http://www.sltrib.com/sltrib/money/
50100889-79/company-hurd-culture-ceo.html.csp>
A shorter URL for the above link:
<http://tinyurl.com/245zmdq>
San Francisco When Hewlett-Packard CEO Mark Hurd recently stepped down in
disgrace, it capped a tumultuous decade for the iconic Silicon Valley
business that saw HP morph into a powerful global behemoth, but one that
seems to get caught in one embarrassing scandal after another, leaving its
corporate culture in tatters.
Five years ago, a smiling Hurd posed for a picture in front of the tiny
garage in Palo Alto, Calif., where HP was born. The new CEO was there to
rededicate the fabled spot, now designated as the birthplace of Silicon
Valley where William Hewlett and David Packard started the technology
company that became famous for its superior products and its singular
corporate culture.
Hurds predecessor, Carly Fiorina now the Republican candidate for senator
in California also had posed for a photo in front of the garage, and in
2005 she was fired after the board lost faith in her leadership. A year
later, HP Chairwoman Patricia Dunn stepped down and even faced felony
charges during the companys boardroom-espionage fiasco of 2006.
Along with waves of layoffs in recent years, these leadership crises
underscored the uncomfortable transformation of a business that, until the
late 1990s, was known for nurturing a sincere and collegial culture,
referred to simply as the HP way.
Hurds sudden resignation came after the company said the veteran CEO, once
widely acclaimed for his business prowess, had submitted false expense
claims and demonstrated a profound lack of judgment about his relationship
with a female marketing contractor.
<snip>
The companys aggressive management style including the mass layoffs,
reduced pay and benefits, and a performance review process that some
employees view as demeaning has emotionally alienated some.
At a time when rank-and-file employees were asked to make sacrifices, top
executives were being paid big salaries and huge bonuses. You see the
money people are making, and its staggering. To me, its appalling, said a
former executive who left HP just before Hurd arrived and did not want to
be identified because he still has friends working at the company.
The complete article may be read at the URL above.
Sincerely,
David Dillard
Temple University
(215) 204 - 4584
jwne@xxxxxxxxxx
<http://daviddillard.businesscard2.com>
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