Tag Archives: Meg Whitman

Meg Whitman Leads Hewlett Packard

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Meg Whitman Leads Hewlett Packard

by Susan Eustis

Meg Whitman has put her leadership stamp on Hewlett Packard. She firmly believes a large company like HP needs a leader. Whitman has said it needs someone who can be the face of the company. She is working hard to be personable and to make an impact on an organization that is challenged in many ways. Meg has embraced cloud computing, betting that in the cloud Hewlett Packard can find a way too bring together many of the disparate assets and resources of the company.

The HP enterprise Group provides servers, storage, networking, technology services and, when combined with HP’s Cloud Service Automation software suite, the company is able to offer an HP CloudSystem. The CloudSystem enables infrastructure, platform and software-as-a-service in private, public or hybrid environments.

Meg seeks to lead HP to continue to be a leading global provider of products, technologies, software, solutions and services. It has a broad customer base of individual consumers, small and medium-sized businesses, and large enterprises. Customers are in the government, health and education sectors. HP’s offerings span personal computing and other access devices; imaging and printing-related products and services; multi-vendor customer services, including infrastructure technology and business process outsourcing, application development and support services and consulting and integration services; enterprise information technology (“IT”) infrastructure, including enterprise storage and server technology, networking products and solutions, technology support and maintenance; and IT management software, information management solutions and security intelligence/risk management solutions.

HP is a hardware and infrastructure company. Meg Whitman has embraced cloud computing, security, and tools that help businesses better manage their data. In this regard Meg Whitman appears to be garnering a winning strategy for HP long term, leveraging the marketing spend of HP, but also of other companies including IBM that have embraced cloud computing.

Meg Whitman Announces HP Layoffs of 27,000 Jobs

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by Susan Eustis

Hewlett-Packard (NYSE:HPQ) disclosed that it plans to slash 27,000 jobs, 8 percent of its work force. It will cut 9,000 positions in fiscal 2012 with the balance by fiscal 2014.  HP s restructuring is positioned to save the company $3.0 billion to $3.5 billion by the end of fiscal 2014.

At the end of 2009, HP workforce was 304,000.  At the end of 2010, it was 325,000 employees.  At the end 2011, that number was 350,000.  Over that same period, year-over-year revenue growth was 10 percent in 2010, 1 percent in 2011… and so far in 2012, revenues have been declining.

HP and its partners are being hammered by margin pressure.  HP publicly announced a layoff plan that is a response to the fact that HP is in trouble.  HP performance is challenged.   The company needs to consistently deliver on what they say  they can do.   Whitman confirmed HP’s commitment to infrastructure, PCs and printing, servers, storage and networking.  She seeks to position these divisions with differentiating strength.

HP’s employee count is not sustainable by its low revenue.  The aim is to restore a healthy balance in order to return HP to its position as a growing, innovative enterprise.  Innovation is key.  Workforce reduction is one piece of a comprehensive effor to restore the company to a position of growth.   The aim is to remove complexity, streamline and reduce costs in a number of areas across HP.

HP strategic business pillars are cloud, security and information optimization.  Investments aim to help the company stay ahead of customer expectations and market trends.  The HP consumer-focused PC and Printing Group is focused on design, engineering, quality, and generating demand.