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Posts Tagged ‘Mark Hurd’

The Good, The Bad & The Ugly - Part 2

Tuesday, September 7th, 2010

A couple of weeks ago I wrote about Mark Hurd’s sudden departure from HP, stating:

…months prior to being placed on the “crosshairs of failure,”more often than not, these individuals (like Mark Hurd) were being praised for their leadership acumen, their business insights and strong stewardship capabilities. They were the future, and being treated accordingly. However once the shoe fell, everything good was displaced. The list of accolades, forgotten. The awards, dismissed. The strong words of praise, erased. Everything feels and appears different.

Needless to say, such events are messy situations, with everyone focused on covering their perverbial A**.  And in this whirlwind, emerges the The Good, The Bad & The Ugly as relates to forced outplacement of key executives.

Well over the weekend, Mark Hurd’s friend and perverbial cheerleader during the crisis, Oracle’s Larry Elison, came to Mark’s rescue by offering him a position as a President. And now, not surprisingly, HP is going after Hurd with a vengeance. “In his new positions, Hurd will be in a situation in which he cannot perform his duties for Oracle without necessarily using and disclosing HP’s trade secrets and confidential information to others,” HP said in a blog posting.

Hurd, the chosen one, is quickly losing favor and face. And while Mark Hurd may have embarrassed the HP Board upon his departure, I believe that this will be payback time for HP - rightfully so. And this will become the ugly part of Mark Hurd’s legacy. This is one cat fight that Mark Hurd entered willingly and will reveal his true personality as a business leader and as an individual. And my guess is - his name will be toast.

Exit - Stage Left

Tuesday, August 17th, 2010

Have you by chance wondered about the CEOs of the two P’s, and what really got in their way? I’m referring to Mark Hurd of HP, and Tony Hayward of BP. From what I’ve read and been able to discern, each of these had SPs (silent problems) to the max. And due to their SP affliction, HP’s and BP’s stock has suffered, and their careers derailed.

Each has exited Stage Left. Stage left for Tony Hayward means frequent trips to Siberia for the foreseeable future. The crisis in the Gulf will forever be associated with his name. For Mark Hurd, we’re unsure, although it was reported pocketed a quick $28 million, which should provide him plenty of options - including a quick retirement. However in the bigger picture, Mark Hurd symbolizes another epic chapter of HP. It’s too bad, because there’s a lot of blame to go around over at HP.

For any leader, Exit - Stage Left is rarely a pretty event. It’s filled with drama, and emotions and too much hurt. The need for true leaders is greater today than ever, unfortunately, there appears to be a shortage of them in the marketplace.

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