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HP Needs a New Board of Directors

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Kunmi
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Re: Need for strategy
Kunmi   11/24/2011 8:22:01 AM
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My friend, I think HP is fast loosing its crown in the electronic world. HP is washing off its hand from laptop, printers are not as reliable as it was, No new innovation to sweep the market as before. I want to believe that everything has its own ERA. May be we are moving into generation 21

pocharle
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Supply Network Guru
Re: Need for strategy
pocharle   11/23/2011 11:15:34 AM
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In recent years, HP has not reliazed any real innovative and cost effective products. The creators of this age, their printers have gone silent. In order to change this scenerio, HP needs to take quicker actions or it may lose its place in its market more sooner than later.

t.alex
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Re: need for strategy
t.alex   11/11/2011 7:04:58 AM
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I doubt ARM servers will be able to make it. What is the better strength as comparedmto Intel?

Anna young
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Re: Need for strategy
Anna young   11/8/2011 9:12:03 PM
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@mfbertozzi, Yes you're right absolutely right. There is the possibility of raising talents within the organization who has the right tools or knowledge to transform and take the company to another height.

bolaji.ojo
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Re: What to Do?
bolaji.ojo   11/8/2011 5:01:08 PM
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@dadtyler, Your observation is very correct. Board members do not wield equal clout and a band within the group may be even more powerful than any individual director. In the end, it is up to the investors and shareholders to decide who they want on the board and determine their effectiveness.

stochastic excursion
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Re: What to Do?
stochastic excursion   11/8/2011 3:36:38 PM
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Unless there is a real howler of a bad decision, or an ambitious activist with financial connections, it's likely things won't change at the top for HP.  With an institution like HP, close scrutiny is something top investors are not looking for a board of directors to provide.  With a company of this scale and an economy this troubled, it seems lackluster performance is solid performance.

dadtyler
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Re: What to Do?
dadtyler   11/8/2011 2:17:53 PM
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Not all board members are created equal.  The newer members (2011 appointees) may not carry a big enough stick to question proposals which have support from my powerful board members.  Before we throw out all the board, it would be worthwhile to investigate who supported the previous bad decisions and who did not.  It might be very difficult for a junior board member to express a contrarian opinion regarding proposed changes especially if those changes are pet projects of the powers that be.  Would HP not be better served by examining the credentials of their board members with regard to HP specific markets (not generic hi-tech)?

mfbertozzi
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Re: Need for strategy
mfbertozzi   11/8/2011 12:22:01 PM
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I share similar vision Anna, in addition I am wondering why, at the time of similar situations, corporations in general try to look for new board outside (and spend much money for their compensation) instead of trying to analyze internally right people to promote and support. I am convinced inside HP there are talented people.

Anna young
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Re: Need for strategy
Anna young   11/7/2011 8:23:43 PM
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"Turning around HP will require some tough decisions in the year ahead, but nobody should doubt that this is a company worth overhauling"

I agree the company will benefit from a clear direction and a strong leadership. However, replacing all the directors is a tough call. I think HP needs to go back to the drawing board to rethink it's strategy, evaluate performance, get a grip and come up with a strategy that will reinvent and elevate the organisation in the right footings. It can be done!

Eldredge
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Supply Network Guru
Re: What to Do?
Eldredge   11/6/2011 5:58:15 PM
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I also think it is a good decsion for HP not to exit the PC business. It just looks bad from a PR perspective to have so many apparent missteps occurring over a short period. If they make good business decisions and execute them well going forward, those missteps will fade quickly.

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