Richard Davies wrote: The UK has a good crop of technology pioneers in cloud computing - for example ElasticHosts, FlexiScale, Flexiant, OnApp - and also some strong government initiatives such as G-Cloud.
We will have to see whether this kind of technical leadership converts into swift mass-market adoption or not.
In many cases, the end of the year gives you time to step back and take stock of the last 12 months. This is when many of us take a hard look at what worked and what did not, complete performance reviews, and formulate plans for the coming year. For me, it is all of those things plus a time when I u...
With a $2M signing bonus and a salary of $1.4M, the successor to Carly Fiorina as permanent CEO of HP is going from Friday to be Mark Hurd, the 48 year-old chief executive - until this week - of NCR.
These figures may not seem very great in comparison to the $21M taken away by Fiorina as part of her severance package, but they should provide a sufficiently attractive package for Hurd when combined with the various other allowances and stock options that inevitably accompany a CEO mega-appointment at this level.
A 25-year veteran of NCR, Hurd is due to meet with reporters this morning. HP chairman Patricia Dunn praised Hurd's "proven ability to lead top-performing teams and his track record in driving shareholder value."
Hurd is the author, with NCR board member Lars Nyberg, of The Value Factor: How Global Leaders Use Information for Growth and Competitive Advantage.
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#6
Working this very minute... commented on 8 Apr 2005
Hopefully he'll do a better job. This company used to be the holly grail, then she took over and I don't know of a single person at my entire site that likes their job...
#5
stocktennis2003 commented on 1 Apr 2005
I would have sold the stock if they hired someone for less than $10M! At that level, you need to put out the dough to get the right people to come.
This certainly does not guarantee a great result, but it is a start. When the announcement was made, HP capitalization went up $5.8 Billion. Twenty million is cheap!
#4
boley02 commented on 1 Apr 2005
Transcript of a CEO job interview:
Board: Mr. Hurd, Can you turn the mess we have here around?
Hurd: How much does it pay?
Board: Can you out Dell, Dell?
Hurd: How much does it pay?
Board: Can you out IBM, IBM?
Hurd: How much does it pay?
Board: Do you have the balls to get rid of the thousands of dead weight employees?
Hurd: How much does it pay?
Board: The pay is 20 million dollars.
Hurd: Sure I can. No problem. I'm going to need 2.5 million in relocation expenses as well.
Board: Great!! We are so excited to have you aboard. Don't worry about Job performance for at least three years we know it will take some time to turn this ship around.
#3
New Broom commented on 30 Mar 2005
So, will he be selling off Carly's company jets or not???
#2
unclefulbert commented on 30 Mar 2005
]]] Hurd is the author, with NCR board member Lars Nyberg, of The Value Factor: How Global Leaders Use Information for Growth and Competitive Advantage. [[[
Hurd and Nyberg list three strategies in that book for coping with recession, which is especially relevant for HP as the technology industry waits for clear signs of an overdue recovery:
" Trim non-critical costs and evaluate marginal businesses and relationships to eliminate the weakest. "Broad cost-cutting, as an end in itself, is at best a short-term response that can result in a hollowed-out company."
" "Protect and invest in the most valuable employees, the most productive customer relationships and industry innovations."
" Set a vision and make sure that every employee has the tools to implement it.
That philosophy does indeed seem like a recipe for financial success, although possibly not for warm and fuzzy feelings around the office.
Working this very minute... wrote: Hopefully he'll do a better job. This company used to be the holly grail, then she took over and I don't know of a single person at my entire site that likes their job...
stocktennis2003 wrote: I would have sold the stock if they hired someone for less than $10M! At that level, you need to put out the dough to get the right people to come.
This certainly does not guarantee a great result, but it is a start. When the announcement was made, HP capitalization went up $5.8 Billion. Twenty million is cheap!
boley02 wrote: Transcript of a CEO job interview:
Board: Mr. Hurd, Can you turn the mess we have here around?
Hurd: How much does it pay?
Board: Can you out Dell, Dell?
Hurd: How much does it pay?
Board: Can you out IBM, IBM?
Hurd: How much does it pay?
Board: Do you have the balls to get rid of the thousands of dead weight employees?
Hurd: How much does it pay?
Board: The pay is 20 million dollars.
Hurd: Sure I can. No problem. I'm going to need 2.5 million in relocation expenses as well.
Board: Great!! We are so excited to have you aboard. Don't worry about Job performance for at least three years we know it will take some time to turn this ship around.
unclefulbert wrote: ]]] Hurd is the author, with NCR board member Lars Nyberg, of The Value Factor: How Global Leaders Use Information for Growth and Competitive Advantage. [[[
Hurd and Nyberg list three strategies in that book for coping with recession, which is especially relevant for HP as the technology industry waits for clear signs of an overdue recovery:
" Trim non-critical costs and evaluate marginal businesses and relationships to eliminate the weakest. "Broad cost-cutting, as an end in itself, is at best a short-term response that can result in a hollowed-out company."
" "Protect and invest in the most valuable employees, the most productive customer relationships and industry innovations."
" Set a vision and make sure that every employee has the tools to implement it.
That philosophy does indeed seem like a recipe for financial success, although possibly not for warm and fuzzy fe...
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Devising a cohesive strategy for addressing both mobility and social medi...
In a surprise move on Tuesday, January 10, Oracle wheeled out its Big Data Appliance.
That’s the one it said in October would be ready sometime in the first half. Only nobody believed it meant early in the first half. Heck, it’s not even clear anybody thought Oracle could make the fi...
A Munich court Thursday found Motorola Mobility guilty of infringing an Apple patent and handed Apple a permanent injunction against two Android smartphones.
Apple can enforce the injunction after posting a bond lest MMI succeed in invalidating the slide-to-unlock patent (EP1964022) ...
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The Chinese company that claims it owns the iPad trademark says it plans to seek a ban on iPad exports out of China, threatening global supplies.
According to what a lawyer for Proview Technology (Shenzhen) Co Ltd told Reuters, the firm is petitioning Chinese customs to stop shipment...
Cisco Wednesday filed suit in the European Union’s second-highest court, the General Court in Luxembourg, challenging the European Commission’s rubber stamp last October of Microsoft’s $8.5 billion acquisition of Skype.
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With a $2M signing bonus and a salary of $1.4M, the successor to Carly Fiorina as permanent CEO of HP is going from Friday to be Mark Hurd, the 48 year-old chief executive - until this week - of NCR.
In Aug 2011, around 72 million people accessed social networking sites from mobile, increase of 37% from previous year (study by ComScore) and nearly 50% (of 72 million) access networking sites almost every day.
Devising a cohesive strategy for addressing both mobility and social medi...
In a surprise move on Tuesday, January 10, Oracle wheeled out its Big Data Appliance.
That’s the one it said in October would be ready sometime in the first half. Only nobody believed it meant early in the first half. Heck, it’s not even clear anybody thought Oracle could make the fi...
A Munich court Thursday found Motorola Mobility guilty of infringing an Apple patent and handed Apple a permanent injunction against two Android smartphones.
Apple can enforce the injunction after posting a bond lest MMI succeed in invalidating the slide-to-unlock patent (EP1964022) ...
Quick Response (QR) codes are intended to help direct users quickly and easily to information about products and services, but they are also starting to be used for social engineering exploits. This article looks at the emergence of QR scan scams and the rising concern for users today....
The Chinese company that claims it owns the iPad trademark says it plans to seek a ban on iPad exports out of China, threatening global supplies.
According to what a lawyer for Proview Technology (Shenzhen) Co Ltd told Reuters, the firm is petitioning Chinese customs to stop shipment...
Cisco Wednesday filed suit in the European Union’s second-highest court, the General Court in Luxembourg, challenging the European Commission’s rubber stamp last October of Microsoft’s $8.5 billion acquisition of Skype.
Cisco says it isn’t opposed to the merger, but figures the EC sh...
