As per Marc Andreessen, the board member of Hewlett-Packard Company (NYSE:HPQ) believes that Meg Whitman should continue as the CEO and proclaims her to be the best one from the time the company was founded. The disappointing acquirement of Autonomy effected with both of them as members of the approving board.
It is quite disheartening and alarming for the investors to witness 72% loss in the value of the company in a span of five years. It is also noticeable that from the time Whitman held the CEO position, the loss in the value has been 37%.
If the investors demonstrate fury, it is worthwhile because the insiders like members of the board are definitely aware of all the facts which the investors would not be aware of. Though Andreessen shows immense confidence in Whitman, she demonstrates no such visible step.
Whitman believes that there will be an augmentation in enterprise printing demand. Hewlett-Packard Company (NYSE:HPQ)’s business of printing hence sustains. It would be highly appreciated if this is computed with accuracy and not be just an assumption. Also, if it is a fact, then what further is Hewlett-Packard Company (NYSE:HPQ) planning to do to grow as we all know that only printing will not take it far.
The triumph of these goods depends upon the fortune of Windows 8 and PC from Microsoft Corporation (NASDAQ:MSFT).
Whitman sounds no better that the other team of leaders that Hewlett-Packard Company (NYSE:HPQ) has witnessed leading with no certain focus. This also brings a trigger to trace the reason for Andreessen supporting Whitman. Andreessen, Whitman and the board need to understand that the company cannot run rather cannot sustain with only attaining or asking for faith from the investors and customers. It has to take a leap forward and provide some well planned and not formless future planning.
The CEO is looked up to as someone who has a vision to achieve and not the one who just corrects the things that go wrong. It had never been foreseen that there will be an end to the dominant play of Internet Explorer but today we have seen Firefox and Chrome to emerge.
All that is intended to be stated is that it is an imperative requirement for Hewlett-Packard Company (NYSE:HPQ) to progress with a vision at the core and smart execution of actions. Risk taking can also be encouraged or otherwise success would not be possible for Hewlett-Packard Company (NYSE:HPQ).
The shares of Hewlett-Packard Company (NYSE:HPQ) were up by 2.25% to close at $14.53
The shares of Microsoft Corporation (NASDAQ:MSFT) were up by 1.72% to close at $27.56.