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This Chart Clears Up Carly Fiorina’s HP Record
LI ^

Posted on 09/19/2015 10:38:16 PM PDT by Perdogg

Thrust into the national spotlight thanks to Wednesday night’s GOP presidential debate, everything about Carly Fiorina is under the media’s microscope. Much has been said about Fiorina’s job record, particularly her tenure at Hewlett-Packard. Fiorina was fired from HP in 2005, a fact her opponents love to mention.



TOPICS: Business/Economy; News/Current Events; Politics/Elections; US: California
KEYWORDS: 2016election; california; cantbepresident; carlyfiorina; charlesejordanhigh; election2016; fiorina; fiorinahp; repositorycarly
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To: wardaddy
I have run a public technology company. And I can tell you this means little. Firstly, she could have made the stock price go up if she wished, simply by cutting heads or selling divisions. She did not want to do that. The largest stock holder wanted her to. She lasted 6 years fighting with the family of the founders and eventually it cost her the job. Any CEO can pump the share price or the margins. But stock price and margins were not in vogue in silicon valley. Look at Amazon or Tesla or Netflix, making a profit is not a priority.

Also, the patent issue is stupid as well. Patents can be bought. And very likely HP did no more innovating. What they did is increase their legal staff. Engineers with lawyers hovering over them can produce a million patents. But it slows down the innovation process while they have to describe every piece of every new product to a patent lawyer who misrepresents it to the US patent office. Too get more patents you do not hire more engineers, you hire more lawyers.

Carly did fine at HP. It was a tough job. And like Michael Eisner at Disney or Lee Iacocca at Ford, she had a constant fight with the founders family who also were the biggest shareholders. Eisner and Iacocca also lost to the offspring of the founders. That did not make them bad executives.

41 posted on 09/20/2015 3:16:56 AM PDT by poinq
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To: proust
I notice Apple is missing.

Steve Jobs was fired several times, what does that tell you?

42 posted on 09/20/2015 3:51:23 AM PDT by mac_truck (aide toi et dieu t'aidera)
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To: Perdogg

For a real journalistic article, the author should have done more homework, instead of copying WaPo attack piece for half of his/her article, then use one single chart from Bloomberg to make the point.

How about a real comparison of what Dell, IBM, Sun (the other companies listed on the chart) did during that time period? How many each laid off, how many of these CEO got fired then got a 100 million bonus, etc. for a start.

Then come back and tell us Fiorina really didn’t do too bad at HP.


43 posted on 09/20/2015 4:25:19 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: Domandred

...and others of us had to use HP junk after her tenure.

Stock price is a mere fraction of a company’s overall performance, products and reputation in the long term.


44 posted on 09/20/2015 4:55:05 AM PDT by relictele (Principiis obsta & Finem respice - Resist The Beginnings & Consider The Ends)
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To: Perdogg

Post a Lucent chart. It was during Her tenure that any company with a pulse was provided internal loans to “buy” Lucent gear. when the bubble burst on .com The loans became worthless and Lunent was a buck stock. Think it recovered to around 5 enforce they merged withAlcatel.

Is that enough failure for you? does anyone need to operate a business to understand that fiasco? Is it alright that she was only following the herd over the fiscal cliff when she implemented the product loan scheme?

a leader, or lemming?


45 posted on 09/20/2015 5:04:55 AM PDT by zek157
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To: AAABEST

The counter argument would be that she laid the ground work for future success, she made the correct decisions during a transition period and future success was due to her foresight.


46 posted on 09/20/2015 5:42:02 AM PDT by Lonesome in Massachussets (Men need a reason to shop. Women need a place.)
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To: Vision Thing; Perdogg

RE: Looks like Scott McNealy at Sun did a worse job than Carly did at HP.

SUN is no more, swallowed by Oracle. As for Scott McNealy, haven’t heard from him for ages.


47 posted on 09/20/2015 5:57:22 AM PDT by SeekAndFind (What is the difference between Obama and government bonds? Government bonds will mature someday)
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To: SeekAndFind

All I remember about Scott McNealy is when he said, “Privacy is over. Get over it.”


48 posted on 09/20/2015 6:32:44 AM PDT by july4thfreedomfoundation (Liberals are like the Taliban and ISIS....destroying cultural icons they don't like.)
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To: mac_truck
Steve Jobs was fired several times, what does that tell you?

Incomparable, on so many different levels. Plus, they brought him back. HP won't bring her back.
49 posted on 09/20/2015 6:47:32 AM PDT by PJBankard
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To: antceecee

What has she achieved? Top of the black list as a CEO candidate for starters... : )


50 posted on 09/20/2015 7:07:01 AM PDT by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: antceecee

Well, she was economic advisor for the McCain presidential campaign.


51 posted on 09/20/2015 7:33:48 AM PDT by manic4organic (It was nice knowing you, America.)
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To: AAABEST

Thank you. I read it wrong. Duh. Thought it was her entire tenure.


52 posted on 09/20/2015 7:37:59 AM PDT by Calpublican (Boehner,McConnell,Corker,McCain,Alexander,Hatch,Graham+More=Corrupt)
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To: poinq

Carly has not been a success at anything she has done.

Period.

She couldn’t make a go of it at H.P. She FAILED!

She is a Fritz Hagel follower.

Folks, if you know nothing more than that, it’s a no sale.

What is so enticing about that woman for all of you?

Good freakin grief.

Go for Cruz or someone else. Fiorina is not a good candidate. She offers nothing that isn’t on the table with Cruz. HP? LOL


53 posted on 09/20/2015 7:41:15 AM PDT by DoughtyOne (It's beginning to look like "Morning in America" again. Comment on YouTube under Trump Free Ride.)
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To: Gene Eric

HP shows the greatest value increase after Fiorina is ousted. Is that the point to be clarified?


That’s what the chart shows....and, that’s the hopeful/intended consequence of ousting a bad CEO.


54 posted on 09/20/2015 7:44:27 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: manic4organic; antceecee; Perdogg; All

One trick pony. What has Carly achieved since HP?

*****

Well, she was economic advisor for the McCain presidential campaign.


Where she was ALSO quickly fired, after stating that neither Sarah Palin OR John McCain could manage a corporation. (Ms High and Mighty got the zot, soon after.)

Here’s the REAL question....

Ten years after being FIRED from HP, which company has hired Snarly to be their CEO?

Zip, zilch, nada.


55 posted on 09/20/2015 7:48:59 AM PDT by Jane Long ("And when thou saidst, Seek ye my face; my heart said unto thee, Thy face, LORD, will I seek")
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To: AAABEST

“Immediately after she left however, HP began rising,..”

No. Based on this chart, HP was coming back up BEFORE she left. Don’t cherry pick to support your view, like East Anglia.


56 posted on 09/20/2015 8:38:14 AM PDT by SgtHooper (Anyone who remembers the 60's, wasn't there!)
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To: mac_truck

“Steve Jobs was fired several times, what does that tell you?”

It tells me you’re not paying attention. Fired once then rehired by Apple, unlike Carly.

Apple isn’t included because they were doing extremely well at this time and throws off this “Carly did as bad as everyone else” narrative.


57 posted on 09/20/2015 9:30:47 AM PDT by proust (If Obama was accused of being a Christian, would there be enough evidence to convict him?)
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To: poinq

Ive been on several boards family and start ups and currently serve on an advisory board for large commercial loans on a local bank I invested in 10 years ago

It’s unusual to fire a CEO doing a great job regardless of board politics

HP revenue went up because she bought a Compaq which was a failure in itself

Profit went down decline revenue going up and the workforce slashed ....the latter causing issues

She had the reputation as very caustic and ambitious and not liked or respected and if you lose money then you’re done

She lasted longer than she should because she’s a girl

HP stock went up 7-10% on news of her firing

No you cannot manipulate financials to someone who knows how to look at them

I pay folks to help me with that and nothing gets by them

This notion she was going great but got fired anyhow is poppycock no offense

She got 21 million in severance

If she was doing so well and they needed to push her out for some Hollswood political motive even though she was making money for the shareholders it would have been much higher for a company the size of HP

she has to parse this

Trump on the other hand doesn’t really have to and trying to explain is lost on the low info voter

He almost went broke for reaching too far and Indian casinos coming online

He recovered large

Fiorina did not

She defeated the conservative in a GOP primary and lost to whack job

She’s only there cause she’s a chick

Fired and a lost election and hints of Lucent resume

A man would not be on the stage

Nor would a white brain surgeon either for that mater


58 posted on 09/20/2015 9:50:13 AM PDT by wardaddy ("The Reset Will Not Be Televised".....Gil Scott Wardaddy)
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To: Fury

She had an attendance rate in person of 17%

https://www.scribd.com/doc/46093517/Tsmc-2009-Annual-Rpt


59 posted on 09/20/2015 10:01:16 AM PDT by fg566asd
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To: fg566asd

Nobody bats a 1000 :P That’s a chart I’d like to see.


60 posted on 09/20/2015 10:36:25 AM PDT by proust (If Obama was accused of being a Christian, would there be enough evidence to convict him?)
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