Quote to Note: HP Generates a Sparkler
May 29, 2014
I read “HP Buys Time for Turnaround.” If the link at the newspaper’s Web site is dead, dig out the May 29, 2014, hard copy and flip to page B 5. The article has some interesting observations. Many of these seem to be surfing on Hewlett Packard’s management, revenue estimate, and Autonomy problems.
Here’s the passage I noted as a quotation worthy of my collection:
HP Chief Financial Officer Cathie Lesjak said she didn’t believe that layoffs would complicate the company’s turnaround. and that employee engagement had improved in a recent company survey. The first 34,000 layoffs “did not impact morale or at least we did not see it,” she said.
I find statements like this fascinating. One of my relatives coached baseball. His favorite saying was:
You can’t hit it if you take your eye off the ball.
Was Hewlett Packard watching the ball? Was HP management in the game? I would enjoy reviewing the HP morale survey data and interviewing some of the 50,000 RIFFers who will not complicate the HP turnaround.
Dr. Lynch, are you available for a turnaround of the HP turnaround?The target date for success is 2017. Just around the corner if you don’t keep your eye on the 2014 calendar.
Stephen E Arnold, May 29, 2014
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