Mark Hurd at HP Driving Strategic Execution
Financial Analysis
Mark Hurd has transformed HP’s financial performance. He brought a sense of urgency and innovation to the company. Hurd’s ability to execute on major transformation initiatives — including restructuring, mergers, and divestitures — is impressive. Hurd is a strategist and operates at the executive level. He understands the big picture and is a good decision-maker. Hurd’s innovation mindset helped HP to compete in a rapidly changing technology landscape. that site Through strategic acquisitions,
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Mark Hurd is the first executive CEO of HP. He took over in July 2005 when he replaced Tom Thomas, who resigned in May 2005. Mr. Hurd came to HP from Sun Microsystems where he served as its CEO from 2000 to 2005. Prior to that, he held various leadership positions at Oracle, Sun Microsystems and Compaq. He has been a strong advocate of corporate strategy execution, and is recognized as one of the best
VRIO Analysis
Mark Hurd has been CEO of HP for 3 years. 2010: HP has entered into the tablet PCs market and has been doing very well. However, the company is facing a significant competitive and strategic challenge. 2009: HP is facing down a major competitor, Microsoft, that was gaining market share at an accelerating pace. 2008: HP has lost the PC market to Microsoft. 2007: HP had to downsize its staff to cut costs. I
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Mark Hurd, the former CEO of HP and CEO of Oracle, has taken on a strategic leadership role as CEO of HP. HP had been losing ground to Intel and other chip manufacturers that have offered innovative devices for gamers, and it was facing a downturn in its financial performance. He took up the role in early 2010. The HP CEO Mark Hurd has made two significant decisions: First, to refocus HP’s investment in the business-to-business division
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I met Mark Hurd, CEO at HP for the first time at their “Strategy and Execution” presentation held in 2008, at the invitation of my friend, John Lee, the CEO of a big American company with over $10B revenues. We were on the same panel of “strategy” presenters. He was in his early 50’s at the time, very handsome, tall, and with a quiet presence. He talked about “executing the vision” — which he called “executing the
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Mark Hurd is a former CEO of HP. In his previous tenure, he turned around HP by identifying key challenges, and driving strategic execution. I’m confident that in his new role as HP’s Chairman of the Board, Hurd will do just the same. At a recent meeting, I had the chance to sit down with him. He expressed his belief that HP needs a new strategy and needs to be aggressively focused on growth and market share. Hurd highlighted that his role as chairman gives him unique insight into the
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I was part of the leadership team at HP when Mark Hurd was the CEO. In 2007, HP was struggling to compete in a changing technology landscape, and Hurd was brought in to turn things around. He quickly made several transformative moves. Here’s an outline: 1. Hurd’s “Nine Initiatives” to drive growth and profitability: – Reduce costs 50% by 2009 and improve margins. – Leverage emerging mobile and social trends for additional reading