The HP Way emphasized fairness, substance, and decentralization, guiding Hewlett-Packard's success.
Patricia Dunn's leadership exhibited integrity, adherence to rules, and a steady commitment to HP's values.
Deep dives
The HP Way and Founders' Ideals
Hewlett Packard's success stemmed from adhering to the HP Way, emphasizing fairness, substance over flash, and a decentralized, egalitarian approach. Patricia Dunn embodied these values, rising from a humble beginning to a prominent role on the HP board, known for her integrity and adherence to rules.
Carly's Controversial Leadership and HP's Decline
Carly Fiorina's leadership style at HP was divisive, marked by high compensation, flashy appearances, and strategic decisions that led to a decline in HP's stock price. Her aggressive approach alienated many within the company, leading to dissatisfaction and concerns among the board members.
The Conflict and Carley's Removal
Internal dissatisfaction with Carly Fiorina culminated in a covert scheme by board member J. Keyworth to remove her from power, which failed due to board dysfunction. Patricia Dunn spearheaded efforts to address Carly's leadership, culminating in a board meeting where Carly's combative stance resulted in her removal from the CEO position.
Patty's Ascension and Personal Struggles
Following Carly's removal, Patty Dunn assumed the role of non-executive chairman, marked by her steady leadership and commitment to upholding HP's values. Patty's own battle with health issues, including cancer, magnified her sense of responsibility amidst the internal turmoil within the HP board.
When Hewlett-Packard chair Patricia Dunn begins a spy campaign to discover the source of an internal leak, she sets off a chain of events that will lead to a national scandal and criminal prosecution.
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