By Anthony Bianco
ISBN-10: 1586488031
ISBN-13: 9781586488031
In 2003 the corporate all started a transition from the relations administration form of its founders. It made a daring assertion via hiring as its new CEO the main obvious woman enterprise govt in the US: Carly Fiorina. below years later, the board fired her, amid accusations of imperiousness that had all started damagingly to leak into the enterprise media.
The board at the moment integrated one among Silicon Valley’s such a lot flamboyant enterprise capitalists and proprietor of the most important and costliest yacht on the earth, and a former CIA asset who believed he for my part channeled the values of the company’s founders. every one had an extended and complex historical past with HP, and every believed he should still be sure the company’s destiny. They ran up opposed to a company governance professional whom they can now not roll, and a brand new CEO whose loyalties at the board have been fullyyt opaque. during this approach, the degree was once set for a rancorous feud that break up the board into implacably distrusting factions. in the midst of the dangerous schism, HP brought the large Lie. The lie was once pinned at the chairman, who used to be receiving remedy for level four ovarian melanoma. And it sizzled via a mostly unquestioning media.
Anthony Bianco will get to center of the moral morass at HP that ended up damning the total board that created it. nearly each American has an curiosity in how the country’s maximum enterprises are run, and the nature of the folk entrusted with them. the tale of Hewlett-Packard displays strength struggles that form company the United States and is an alarming morality story for our times.
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Extra info for The Big Lie: Spying, Scandal, and Ethical Collapse at Hewlett Packard
Example text
On the contrary, he was a demanding and temperamental boss who often berated his managers even as he tried to insulate them from interdivisional politics. “Sometimes Tom and I would get to the point of almost screaming at each other and my being fired,” Clay recalled. ”37 By the late 1960s, Perkins was in charge of the largest and fastest-growing of HP’s seventeen divisions. Each new model Cupertino developed—the 2116 A, B, and C were quickly followed by the 2115A and the 2114A—was significantly faster, smaller, cheaper, and more adaptable than its predecessor.
Eight years later, McNeilly returned to Silicon Valley and to Kleiner Perkins with new ideas for greatly enhancing the technology on which he’d founded Applied. Because he already knew McNeilly—or thought he did—Perkins dispensed with the 41 9781586488031-text_bianco 3/15/10 12:52 PM Page 42 42 ANTHONY BIANCO usual personal background checks and confined his due diligence to the technology, which intrigued him. 5 million requested. Focus Semiconductor began as a mutual admiration society masquerading as a company.
The first half of the meeting was mostly excuses as to why nothing had happened,” recalled one attendee. “A number of problems were evident. ”32 The madder Packard got, the higher he rolled the sleeves of his white dress shirt. By meeting’s end, they were almost to his shoulders. Perkins was uncharacteristically silent, speaking only once, when called on by Dave. Even so, a few days later Packard effectively dumped the 2116A in Perkins’s lap by naming him marketing manager of the Palo Alto division.
The Big Lie: Spying, Scandal, and Ethical Collapse at Hewlett Packard by Anthony Bianco
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