HP has had its recent share of ups and downs (mostly downs), and it’s likely the reason Meg Whitman is now the big boss over at HP. If we’re not mistaken, for the second time in its storied history, a woman has ascended to the vacated CEO post.
Alright, for formality’s sake, here’s a formal congrats to Meg Whitman (clap-clap-clap). In her defense, she’s wasted no time getting in touch with her subordinates with a company-wide email that’s gone the rounds to rally the troops. More after the break.
Whitman replaces Leo Apotheker, and her appointment was announced by HP Executive Chairman Ray Lane. Lane and Whitman circulated a brief email reaffirming The HP Way (God bless you Dave Packard and Bill Hewlett) and evoking the company’s golden heritage.
Challenges Ahead for Meg Whitman
The email in full is a wall of text, but the message was filled with reassurance and a little morale boost. If you’re wondering if they announced any new gadgets or any interesting innovations from HP, don’t get your hopes up as there were none. In fact, neither Ray nor Meg slipped a single reference to future plans, which is sensible considering it would have been a leak if they did.
Whitman steps into her role at a critical juncture for HP. The company has been struggling with declining sales in its core PC business, increased competition in the printer market, and a series of strategic missteps that have left investors and employees alike questioning the company’s direction. Whitman’s experience as the former CEO of eBay, where she oversaw significant growth and transformation, will be put to the test as she attempts to steer HP back on course.
Reaffirming The HP Way
The HP Way, a set of corporate objectives and values established by founders Bill Hewlett and Dave Packard, has long been a guiding principle for the company. Whitman’s email emphasized a return to these core values, focusing on innovation, customer satisfaction, and employee engagement. This nod to the company’s storied past is likely an attempt to reassure stakeholders that HP can recapture the magic that once made it a leader in the tech industry.
However, the challenges are formidable. The tech landscape has changed dramatically since HP’s heyday, with new competitors and technologies reshaping the market. Whitman will need to navigate these changes while also addressing internal issues such as organizational inefficiencies and a culture that some say has become risk-averse.
In her email, Whitman also highlighted the importance of teamwork and collaboration, urging employees to work together to overcome the challenges ahead. This focus on unity and collective effort is crucial, as HP will need to leverage the full potential of its workforce to regain its competitive edge.
While the email did not provide specific details about future plans, it did hint at a renewed focus on innovation. This could mean increased investment in research and development, as well as a push to bring new products and services to market more quickly. Given the rapid pace of technological change, staying ahead of the curve will be essential for HP’s long-term success.
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Source Techcrunch
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