H-P to reinvent itself as Net company

Published: 6 March 1999 y., Saturday
A $150 million image advertising campaign, a search for a high-powered chief executive and a slew of announcements meant to turn the Internet on its head. Those are just a few of the steps Hewlett-Packard - a day after announcing plans to spin off its $7.6 billion-a-year measurement business - is taking to reinvent itself. Think H-P, the fast-moving Internet company. That is the idea behind the ad campaign that veteran agency Saatchi & Saatchi is creating, says J. Bauer, CEO of Saatchi of San Francisco. The decision to run a branding campaign is evidence of H-P_s attitude shift, says D. Dunn, general manager of the executive committee of H-P. Over the next few weeks and months, H-P also plans to roll out several products, including software that will be able to link several Internet applications, says Dunn, who declined to be more specific. But ultimately, the key to H-P_s reinvention might rest in its choice of a successor to CEO L. Platt, 57, one of the most respected men in the Silicon Valley. E. Zander, chief operating officer of Sun Microsystems; R. Lane, president of Oracle; and H-P veteran R. Belluzzo, CEO of Silicon Graphics, are among the executives that crop up as possible contenders for H-P_s top job. The company will consider insiders and outsiders. The key will be to find someone who can bring a new perspective and, most important, "someone who is going to be able to give H-P a human face," says T. Scott, managing director at AT Kearney, an executive search firm. The trick will be to maintain H-P_s standards for treating people well, a reputation that has earned it one of the lowest employee turnover rates in the technology industry, Scott says.
Šaltinis: USA Today
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

New iPhone app from MasterCard for ATM finder gets thumbs up

The iPhone's new “ATM Hunter” is a a free iPhone application built by MasterCard that allows users to quickly find the ATMs that are closest to them. more »

House says Visa, MasterCard are to blame for security hacks, card compromises

In security breach cases last year, such as Hannaford Bros. supermarket and the card processing firm Heartland Payment Systems, cybercriminals gained access to millions of consumers' credit card details. more »

Ingenico warns contactless technology will divide the market

Ingenico, a provider of payment solutions, says contactless technology will split the retail market this year, improving sales figures for early adopters and costing those who shun the additional investment in this burgeoning technology. more »

Patent office validates many claims in widevine

Widevine Technologies today announced that the US Patent and Trademark Office has reconfirmed the validity of many claims of Widevine's U.S. more »

Nokia makes high-dollar investment in mobile payments startup

Nokia Corp., the world's largest maker of cell phones, is making a large investment in California-based Obopay Inc., a startup that's pushing person-to-person mobile-payments technology. more »

Banks invest in more tech to find synergies between anti-fraud, anti-money laundering

The increasing amount of overlap and duplication of data, tasks and processes in their anti-fraud and anti-money laundering divisions is driving banks to seek synergies between compliance, risk management and security, according to a new report from Datamonitor. more »

Global IPTV subs exceed 20mn

The total number of IPTV subscribers worldwide passed the 20mn mark at the end of 2008, according to new figures from Informa Telecoms & Media, taking into account both disclosed and estimated figures. more »

"Television is like the invention of indoor plumbing"

The IPTV World Forum opened its doors this morning on a bright London day, and the mood was equally optimistic indoors, with the conference rooms packed for keynote presentations from Christopher Schläffer of Deutsche Telekom, Christophe Forax from the European Commission and the BBC's Richard Halton, charged with making Project Canvas a reality. more »

Card fraud pushes consumers to non-bank online payments

A new Gartner Inc. report suggests that financial fraud could drive consumers away from banks and into the arms of electronic payment systems, such as PayPal, that they perceive to be more secure. more »

MasterCard: PayPass 50 million issued

In the last year this more than doubles the number of cards and devices in circulation around the world. more »