Did HP Board Have Hidden Agenda in Removing Hurd? - nolandwasee1998

Away at present everyone knows that H.P. CEO Mark Hurd was forced to resign following an probe into an alleged sexual harassment scandal. Still, information technology seems that HP may have cut dispatch its nose out to spite its face so to verbalise, and the details behind forcing Hurd out raise questions about whether the board was simply looking for an excuse to cut him loose.

At nominal value, it seems that Hurd was successful in pilotage the HP ship. Under Hurd's leadership, HP has cut costs, and diversified revenue sources–creating a reedlike, mean tech heavyweight capable of competitory on multiple fronts.

During the Hurd tenure at the helm, HP rose to the number one spot for PC manufacturing, and number two for laptops. It acquired a variety of companies–including EDS, 3Com, and Palm–to expand its sector of influence to computer consulting and services, networking infrastructure, and mobile platforms like smartphones and tablets, while reducing trust on hardware gross revenue.

Why and then was the board so determined to push Hurd out? A sexed harassment scandal joined to the CEO could represent a public dealings nightmare, but by its personal admission "The investigation determined there was No infraction of HP's sexual molestation policy."

Even so, the investigation did uncover that there were violations of the HP Standards of Business Convey. Specifically, the investigation found attest that Hurd had filed inaccurate disbursal reports intended to hide his personal relation with Jodie Fisher–the combined-time actress turned contractor at the center of the sexy harassment allegations.

The amount of misappropriated expenses seems astronomical to the average employee, but set back in perspective relative to Hurd's income from HP, the faulty expense reports are roughly equivalent to an HP consultant expensing an extra meal during a business trip.

I am non suggesting that it is satisfactory, Beaver State that the display board should condone such behavior, but information technology hardly seems like-minded excusable cause for removing the Chief operating officer ff the largest tech company in the world. Perhaps the board has a invisible agenda.

It is possible that Mark Hurd had outlived his utility and the board was simply looking for a reasonable excuse to dump him. The aggressive cost sharp and management style of Hurd served a much-needed purpose to commence HP game on track, only maybe it was time for fresh blood to take HP into the future.

Regardless of the motives, we can simply hope that the HP dining table knows what IT's doing and didn't exactly shoot HP in the foot. Only time will tell if Hurd's successor will be a positive or damaging influence on the rising of HP.

Source: https://www.pcworld.com/article/508470/did_hp_board_have_hidden_agenda_in_removing_hurd.html

Posted by: nolandwasee1998.blogspot.com

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