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Showing posts with the label Carly Fiorina

Thinking about Fiorina

On August 17th, The New York Times' blog, Dealbook., ran a piece by Andrew Ross Sorkin about Republican presidential candidate Carly Fiorina. Fiorina is getting some traction, despite the fact that she has never held public office. She has been a chief executive of a major institution, though. That institution was the computer giant Hewlett-Packard, and that qualification is CF's chief credential (aside from appealing initials) for the post of chief executive of the United States. Sorkin does not have a high opinion of her performance at HP. He says that he vividly remembers September 2001, when she announced her plans for a merger with Compaq. So here is her, and his, money quote from the column: “Hang with us,” she said on that same day in a conference call with reporters. “It’s going to be a great party.” The party never happened, but the hangover was brutal. Hewlett-Packard is still recovering from the ill-conceived merger nearly 14 years later, and recent...

Carly Fiorina: Some Links

More about Carly, via  nine links. 1. A biography with the basics. 2. A biography of her predecessor at Hewlett Packard, Lew Platt. 3. Platt was later recruited to replac e Fiorina at HP as flack from the Compaq deal became intense. 4. But Platt's return didn't happen. Robert Wayman took over. 5. Okay, Wayman was just an "interim" CEO. Then there was this guy. 6. Fiorina has defended her track record at Hewlett Packard. Here's a statement on her campaign's web site. [For the relevant portion of that , scroll down to where you see the words, "Under Carly's leadership, great things happened...."] 7. The WaPo fact checker was unimpressed. 8. One of the WaPo cites is to this Fortune mag piece, "Why Carly's big bet is failing." Now regarded by Fortune's editors as one of their archival "classics." 9. Much of the discussion is about how the rate of new patents grew under Fiorina. There is reason to ...

Carly Fiorina Enters the Race

If all has gone well of late, I;m on vacation as you read this. I'm posting stuff prepared well in advance, so take that into consideration if the references seem dated.  Fiorina has run for public office exactly once. She ran for a U.S. Senate seat in 2010 and lost, to incumbent Barbara Boxer. Now she is running for the Republican nomination for President of the United States. She is most vividly known (by the portion of the non-California public to whom she isn't just "Carly who?") as the former CEO of Hewlett-Packard, whose one signature initiative was the company's merger with Compaq.  She was fired for that, because her board thought the initiative a bungle. Yet she will argue that she was in the right, that the combined company is nowadays stronger than either or both of them would have been without her. Presumably if her campaign catches any wind under its wings at all, she'll have plenty of opportunities to make that case. But what strikes me ab...