When executives develop cultural agility—the capacity to recognize, understand, and respond appropriately to various cultures, and to work within those cultures to achieve business results—they massively expand their ability to advance their career.
The histories of the Stanford School of Engineering (where I work) and HP are closely intertwined. Most famously, when Bill Hewlett and David Packard were young guys, they borrowed $500 from Fred Terman, then Dean of the school, to start the company.
After pulling down millions in boardrooms, a number of former CEOs are
spending gobs to get into government: Carly Fiorina from HP spent $5.5
million on the California Senate primary, Meg Whitman from eBay is
making a $119 million bid to be California governor, and Linda McMahon
of WWE pledged $50 million to wrestle her way into the Senate for
Connecticut. Some argue a financial leg up is nothing compared with
political-outsider appeal. "When you have people in Washington for 28
years," Fiorina has said, "how can they possibly know what is going
on?" — RA
I was on CNBC this morning to discuss our latest candidate for our regular item on CEO's Who've Got to Go, otherwise known as "CEO See-Ya." I must say, much as I enjoy doing the program, I don't necessarily enjoy doing it at 7:30 a.m. One of the few perks of journalism is the ability to start the day hours after all those poor, overpaid executives have started theirs.
So, Hewlett-Packard CEO Carly Fiorina got the axe today. It's worth asking the fascinating question that FC's George Anders posed nearly three years ago: What if Carly were a man? Would (s)he still be CEO? Would HP's board, its directors, and the media have cut a guy more slack? Would the stock be any higher?
Hewlett-Packard announced its lower-than-expected third-quarter earnings and posted an operating loss of $208 million. CEO Carly Fiorina blamed the loss to business server and storage unit and fired three executives, including Peter Blackmore, head of the company's sales arm to businesses.