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  • pin_kopf pin_kopf Aug 6, 2003 9:53 AM Flag

    Carly Fiorina interview with Forbe's

    Great Post Alex...

    _____________________________________________
    You've got to realize that Carly sees being a CEO as a "performance", as in an act - she's said so herself (used that exact word: performance). So she seemingly "acts" like she knows what she's talking about, as part of that "performance". I don't buy into her "act". Just my opinions.
    ________________________________________

    The simple way of describing this is that CF is "marketing" herself just as the inane "invent" is meant to market PCs. What you have is a very sophisticated used car saleswoman.

    Remember John Akers CEO of IBM in the 80s? He rose through the ranks as a SALESMAN, became CEO, and almost destroyed the company. Then the IBM board went out and got an businessman named Gerstner who looks at profits and finances and the bottom line to do what he could to clean the place up- meaning look at everything they sell and see if it is important and profitable.

    The result? He slowly but surely reduced big blue's dependence on the hopeless PC business and started the shift to services in the mid 90's.

    Meanwhile the new compaq's marketing wizardess believes she can turn a shit business like selling PCs into caviar just by branding and bullshit. Ain't gonna work. PK.

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    • John Akers "He rose through the ranks as a SALESMAN, became CEO,
      and almost destroyed the company. Then the IBM board went out and got an businessman named Gerstner
      who looks at profits and finances and the bottom line to do what he could to clean the place up- meaning look
      at everything they sell and see if it is important and profitable."

      I agree with two of your points here. Akers nearly did destroy the company. Not because he was a salesman by training, but because he refused to adapt to a changing marketplace where competition was going to eat IBM's lunch but culture caused paralysis. Sound familiar?

      I also agree that Lou Gerstner's arrival presaged a dynamic decade for IBM, including recovery from its near-death experience. Breaking down the existing corporate culture, firing superfluous staff and those opposed to making the changes that were necessary, and changing the business direction of the company (in fact changing its basic business). I wathced it happen...I was a shareholder during that period and still am.

      The analogy also extends to the fact that both Lou and Carly were called in by the heirs of the founding families (Watson and H&P, respectively) who finally recognized a problem existed yet couldn't solve it within the existing culture.

      To be fair, I think that you are mischaracterizing CF's proposed direction for HPQ, which is laid out pretty well in the merger plan, in subsequent statements, and in her action to secure huge services contracts with private and government entities.

      I guess you don't agree, despite that excellent paragraph of yours, that Gerstner was to IBM what CF is to HWP (now HPQ). I might add that the analogy also extends to employee (and some shareholder) reaction to the changes introduced by each CEO.

      HPQ Long

      • 3 Replies to shbrom
      • Oh, man, Shbrom. You completely changed the meaning of my post in your reply.

        My analogy was that CF ruined the old HWP in a similar manner to that in which Akers almost killed Big Blue. The common thread there is that I don't believe a sales/marketing background is right for a CEO- regardless of sex or salesmanship skills.

        I don't care about Carly's alleged roadmap of pie in the sky blather. I KNOW what she did. She went out and bought a company primarily in a weak business.

        Shbrom you better learn to not listen to what this glib, blonde witch says but WATCH WHAT SHE DOES.

        Otherwise, you may get poorer yourself. The homeless here tell me that Purina makes the best cat food! If you are buying the new compaq now you better learn to enjoy...PK.

      • Are you being a slimeball or just DUMB?

        The people that gave recs to that post got it, why can't u?

        The analogy was that Akers (salesman) almost killed IBM while CF (saleswoman) is killing the new compaq. Sales/marketing is just not the right background for a company like this- especially in difficult times.

        Only a moronic sales/marketing person would go out and buy what is, and always has been, and always will be, a bad business hoping to fire and market her way to prosperity. IT DOES NOT WORK.

        As to the new compaq's roadmap- I just don't care. Look at what she does rather than what she says. They are not the same.

        What she did was buy a bad business. What she says is we've done it! lol.

        Better be careful shbrom because if you are buying this stock now you are likely to get poorer. Purina makes the best cat food, or so I'm told. Enjoy. PK.

      • No, he doubt that he agrees with you on this point. carleton is not to HP what Gerstner is/was to IBM. At best, carleton is to carleton what Gerstner is/was to IBM. lol...

 
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