IIPM MANAGEMENT INSTITUTE
First, by
observing that organizational crises often seem to make smart and sensible people do foolish things, like panic and point fingers. That said, who did what wrong at HP still remains unknown. Perhaps, as the fog of war lifts, people will eventually understand which individuals ultimately are responsible for this unfortunate episode.
Lost in the current intrigue, though, is the fact that the HP mess once again confirms (for us, that is!) that governance “experts” have it wrong in their argument for the separation of CEO & chairman. Indeed, some self-designated watchdog groups rating corporate boards assign multiple goodie points for such a split. And yet, HP proves how damaging this split can be. The reason is that all companies, no matter what their size or industry, operate best with managerial clarity – when people know which way the company’s going and who’s the leader. At HP, employees should have had one boss in CEO Mark Hurd. A respected industry veteran, Hurd had his strategic goals and a team motivated to deliver them.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
For More IIPM Article, Visit Below....
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More about IIPM
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
First, by
observing that organizational crises often seem to make smart and sensible people do foolish things, like panic and point fingers. That said, who did what wrong at HP still remains unknown. Perhaps, as the fog of war lifts, people will eventually understand which individuals ultimately are responsible for this unfortunate episode.Lost in the current intrigue, though, is the fact that the HP mess once again confirms (for us, that is!) that governance “experts” have it wrong in their argument for the separation of CEO & chairman. Indeed, some self-designated watchdog groups rating corporate boards assign multiple goodie points for such a split. And yet, HP proves how damaging this split can be. The reason is that all companies, no matter what their size or industry, operate best with managerial clarity – when people know which way the company’s going and who’s the leader. At HP, employees should have had one boss in CEO Mark Hurd. A respected industry veteran, Hurd had his strategic goals and a team motivated to deliver them.
For Complete IIPM Article, Click on IIPM Article
Source : IIPM Editorial, 2006
An IIPM and Management Guru Professor Arindam Chaudhuri's Initiative
For More IIPM Article, Visit Below....
IIPM News
ABOUT IIPM
IIPM MANAGEMENT INSTITUTE
IIPM Students Life > Campus Placement
...IN FLESH AND BLOOD. THE GOD AND THE GODDESS, HERE...
IIPM Links
About IIPM > Mission
IIPM Students Life > Campus Resources
IIPM : WHAT’S SECURITISATION?
IIPM Academics > Faculty
IIPM Alliances
IIPM Academics : Global Outreach Program
More about IIPM
Rashmi Bansal Publisher of JAMMAG magazine caught red-handed, for details click on the following links.
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