Hewlett-Packard finds that making itself over is hard to do

VARBusiness logo By Chris Bucholtz
11:13 AM EST Mon. Feb. 05, 2001
From the February 05, 2001 issue of VARBusiness
May 18, 1999 was a banner day for Hewlett-Packard (NYSE:HPQ). Six months after a major internal reorganization, media and analysts were stuffed into an auditorium on its campus in Palo Alto, Calif.

The crowd was so large there wasn't a seat even for Bill Russell, then COO and executive vice president of HP's enterprise systems and software group. He was reduced to leaning against a wall alongside the other latecomers.

This standing-room-only crowd was there to hear HP's plans for redefining itself for the future. What it heard was an ambitious strategy to convert HP from a value-added hardware supplier into a strategic Internet player, with an emphasis on software technologies far removed from what HP was known for. The e-services initiative, as it was dubbed, would transform HP. Almost immediately,......

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Title: Hp At A Crossroads
Approximate Word Count: 1924
Approximate Pages: 8 (250 words per double-spaced page)

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