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This post follows the criticism of an earlier post discussing the faults of HPQ's board. Carly simply promoted herself and the board waited too long to reign her in.

Excerpt follows:

"By the time CEOs rise to their post, most have a healthy ego, and Fiorina was no exception. She was also a sales whiz known for high-profile marketing events and a fondness for global gatherings packed with A-list politicians, celebs and CEOs.

As skilled an executive as she was, Fiorina focused on marketing and didn't fully comprehend the impact on operations of her vision to transform HP's structure and strategy. She also resisted board efforts to name a strong chief operations officer to compensate for that weakness.

HOLD PEOPLE ACCOUNTABLE -- INCLUDING YOURSELF."


Full article at:

http://www.businessweek.com/magazine/content/05_09/b3922059_mz011.htm


venny
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