Sunday, September 27, 2015

Carly Fiorina ... Thx Pidge F!




>>  Interesting reading.
>>
>>>>
>>>> If you found Carly Fiorina an interesting Presidential candidate in 
>>>> the debates, you might find this interesting by someone in the KNOW.
>>>> The author is:
>>>> Tom Perkins is the founder of the California venture capital firm 
>>>> Kleiner Perkins Caufield & Byers, arguably the most famous and 
>>>> successful VC firm in Silicon Valley history.
>>>>
>>>> Published September 17, 2015 | By Tom Perkins
>>>>
>>>> The consensus is clear: Carly Fiorina won both the first and now 
>>>> second Republican Primary debates. As a result she is climbing in 
>>>> the polls and into the top tier of candidates. Her rise has led 
>>>> pundits to speculate about her tenure as CEO of Hewlett-Packard.
>>>> I was a member of the HP Board of Directors much of the time Carly 
>>>> was the CEO (1999-2005). I was in the room for many of the 
>>>> decisions she made. I can attest to the strength of Carly’s 
>>>> leadership, the accuracy of her vision and the quality of her management.
>>>> Carly was an excellent CEO. She led HP through one of the worst 
>>>> economic times in decades. Less than two years into Carly’s 
>>>> leadership, the dot com bubble went bust. Silicon Valley was in chaos.
>>>> Companies were shedding jobs almost daily. There were so many 
>>>> layoffs The Associated Press ran weekly announcements regarding 
>>>> layoffs at tech companies. And The San Francisco Chronicle declared 
>>>> 2001 “The Year of the Layoff.”
>>>> While other Silicon Valley icons like Sun Microsystems disappeared, 
>>>> Carly’s vision and execution not only helped to save HP but made it 
>>>> a strong, more versatile company that could compete in the changing 
>>>> technology sector.
>>>> I was on the Compaq Board during the HP-Compaq merger and remained 
>>>> a member of the new HP Board once the merger was complete. Both 
>>>> companies knew that we needed something dramatic to inject life 
>>>> back into our companies.
>>>> The merger, while controversial, was unanimously approved by every 
>>>> member of the HP Board and won approval from shareholders. Thanks 
>>>> to Carly’s leadership there was a path forward for this storied but 
>>>> troubled company.
>>>> Critics questioned the move, but history proves Carly was right.
>>>> Post merger, HP became the biggest computer company in the world. 
>>>> It positioned HP to compete in integrated systems and allowed us to 
>>>> compete in sectors beyond the core strength of the company, printers.
>>>> Carly was hired at HP because it was struggling. Revenues were 
>>>> down, quarterly earnings were missed, innovation lagged and growth 
>>>> stagnated. HP, once the leader in Silicon Valley, was clinging to 
>>>> the status quo and failing to embrace the new tech era.
>>>> Silicon Valley companies were prospering by taking advantage of the 
>>>> new technologies; HP was stubbornly clinging to the past. HP needed 
>>>> a change agent and someone who could return the company to its 
>>>> glory days. Carly was the right choice.
>>>> The results of Carly’s transformational leadership? HP revenues 
>>>> doubled to more than $80 billion, innovation tripled to 15 patents 
>>>> per day, the growth rate more than quadrupled 6.5 percent and we 
>>>> grew to become the 11th largest company in the country.
>>>> Carly did what she was brought in to do: turn the company around 
>>>> and make it successful again. Not only did she save the company 
>>>> from the dire straits it was in, she laid the foundation for HP’s 
>>>> future growth.
>>>> Critics often claim was fired at HP because she was unsuccessful. 
>>>> As a member of the board, I can tell you this is not true.
>>>> In truth, it was the Board I was a part of that was ineffective and 
>>>> dysfunctional. The HP board of directors included family members of 
>>>> the founders. Carly worked with the hand she was dealt as best as 
>>>> one could. While Carly fought to save the company and the employees 
>>>> within, some board members fought for their own power or advancement.
>>>> You see, some board members wanted to micro-manage the company, 
>>>> hand picking friends and allies to run divisions. This is no way to 
>>>> run a global company and Carly had the strength of character and 
>>>> courage of conviction to stand up to it and ultimately she lost her 
>>>> job because of it.
>>>> While lesser leaders would have accepted offers of transition plans 
>>>> and graceful resignations, Carly would have none of that. Carly 
>>>> demanded to be fired. In order to restore peace to the board I 
>>>> voted to fire her. That was a mistake.
>>>> In the months and years after Carly left, the Board of Directors 
>>>> remained dysfunctional. The Board members who plotted Carly’s 
>>>> ouster eventually resigned after an embarrassing investigation by Congress.
>>>> I have no question that Carly is a transformational leader who 
>>>> uniquely has both vision and the expertise to implement it. We are 
>>>> in the middle of a heated election, and often facts and the truth 
>>>> get lost in the heat of partisan rhetoric.
>>>> As someone who worked with and observed Carly first hand I can 
>>>> attest to her abilities, intellect and talent. I am proud to 
>>>> support Carly Fiorina for President of the United States.
>>>> Tom Perkins is the founder of the California venture capital firm 
>>>> Kleiner Perkins Caufield & Byers, arguably the most famous and 
>>>> successful VC firm in Silicon Valley history.
>>>>
>>>>

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