Setting her own precedents; Hewlett's chief prefers the path less traveled

Article Abstract:

Carleton S. Fiorina was just named president and chief executive of the Hewlett-Packard Co. She becomes just the third woman to lead a Fortune 500 company. Hewlett-Packard the nation's second-largest computer firm, with $47 billion in sales last year, is far and away the largest corporation with a woman chief executive. A graduate of Stanford University who had planned to pursue a law career, Ms. Fiorina left law school, got her M.B.A. and went to work for AT&T Corp. She was sent to a yearlong management program at the Sloan School of the Massachusetts Institute of Technology in 1988, after AT&T recognized her executive potential. She then joined AT&T's Network Systems division. AT&T split into three companies in 1995 and Ms. Fiorina became the executive vice president in charge of corporate operations at Lucent Technologies Inc., working on the firm's marketing strategy. Lucent's stock price has risen about tenfold, adjusted for stock splits, since that time. Her last job at Lucent was president of the global service providers business. Ms. Fiorina is giving up stock options valued at over $50 million to take the positions at Hewlett-Packard. Industry analysts do not believe that the selection of Ms. Fiorina signals a strategic change at Hewlett-Packard, which is about to undergo a split just as AT&T did.

United States, Computers & Auxiliary Equip, Executive changes & profiles, Evaluation, Officials and employees, Biography, Hewlett-Packard Co., HWP, Fiorina, Carly, Women executives, Personality profile

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Microsoft monopoly? Not so fast

Article Abstract:

Apple's decline is the result of a poor decision by its executives early on to ignore the corporate world and instead provide technology for the free spirited individual. Consequently, IBM compatibles and Microsoft's software became the mainstay in corporate America. With Microsoft's $150 million investment in Apple and promise to provide top-grade office software available for Macintosh machines, the company will now be able to compete in the business world. The company's ability to be successful in the future rests primarily on its ability to provide computers for individuals without a great deal of computer knowledge or skills. A redesigned operating system that is more user friendly would be an excellent beginning for the company.

Company analysis

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Jobs's Team and name are on the line; the hesitant co-founder makes a commitment

Article Abstract:

Steven Jobs has managed to persuaded Bill Gates to invest $150 million in Apple and has revamped the board to include three executives from the computer industry. Larry Ellison of Oracle, William V. Campbell of Intuit and Jerome B. York, the former CFO of IBM, were added to the board and three current members resigned. Jobs is also accepting the position as interim chairman of the company as well as a formal position on the board. Analysts estimate that with a stronger board, Apple will have a better chance of obtaining the successful CEO that the company needs. Jobs plans to spend most of his time for several months at Apple and not devote as much time to Pixar, his computer animation company.

Human resource management, Company personnel management, Jobs, Steven

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