Overview;
Carly Fiorina became first outsider CEO of Hewlett Packard in July 1999. Three years later in May 2002, under her management HP merged with Compaq Computer. While this merging period she had faced various problems such as goverment regulators in both US and Europe.
Carly Fiorina got her bachelor at Stanford, received MBA at University of Maryland and MS at MIT. She had worked for AT&T and Lucent Technologies for 20 years.Fiorina is known for having “silver tongue and an iron will” which means being articulate and persuasive.worht
Carly Fiorina selected from 300 candidates.Each member of search committee listed 20 qualities for potential CEO then boiled these down to four essential criteria; the ability to conceptualize and communicate sweeping strategies, the operations savvy to deliver on quarterly financial goals, the power to bring urgency to the organization, and the management skills to drive a nascent Internet vision throughout the company.
The situation of HP was not bright when she started to her job. The main product of HP was printer which had dominated since the 1980s.The dearth of new products went along with the cumbersome bureaucracy and the many different product groups.
Even though strong oppositions to the merger with Compaq at board of directors in HP, in 2001 the announced the merger officially and started meeting with Compaq executives. After merger some products of each company were affected, for instance the HP Jornade handheld was dropped in favor of the Compaq’s iPAQ.
This merger also provided great opportunities for cost cutting through greater efficiencies such as 17,000 jobs were eliminated after the merger.
Questions;
Q1) Human relations skills are management skills facilitating effective interaction with personnel. These skills include leadership, communication, decision making, negotiation, counseling, and conceptual skills. The HP committee did not put it into 4