HP's Deep Trouble: 10 Reasons Why HP is Struggling
1. Hurd Understands the Enterprise
Mark Hurd is now Oracle's co-president and brings all of the experience and expertise that he gleaned during his time as HP CEO with him. That's bad news for HP, and it could have a direct impact on the company's ability to attract enterprise customers. After all, Hurd was a corporate-friendly CEO. Why wouldn't he be a corporate-friendly president?
HP finds itself in a somewhat unlikely position right now. With no CEO at the helm, its former leader at a top competitor, and little vision for what the future will look like, the wheels are coming off. And the chances of the company reversing its fortune anytime soon seem slim. Realizing that, it's probably time to call some of HP's decisions into question. Getting rid of Mark Hurd without a fully effective non-compete agreement in place was a mistake. And allowing the company to look bad in the process has proven to be even worse. Simply put, HP is in deep trouble right now.
And here's why: