When HP CEO Meg Whitman addresses thousands of partners Wednesday, there will be a lot on the line. She has to convince them that the management snafus of the last two years are firmly in the past. The partners would love to believe that.
2011 is surely a year that Hewlett-Packard would like to forget. It fired its second CEO in two years. It said it might sell its PC business and push WebOS phones and tablets only to back off on both moves. Here’s what HP needs to do in 2012.
Hewlett-Packard continues to struggle with fallout from the decision to nix its webOS-based tablets, a less-than-stellar mix of IT services, and its newly completed acquisition of Autonomy. The question is how long those reverberations will impact the company’s profitability and growth prospects.
HP took a lot of flack when it decided to buy Autonomy for $10 billion, but if big data is a worthwhile investment, perhaps HP’s alleged overpayment really will pay off. Autonomy’s Nicole Egan explained to me why she thinks HP is in a good position.