Carly Fiorina - Personal Ethics and Hewlett-Packard

Complete program at: fora.tv/fora/showthread.php?t=419
Former Hewlett-Packard CEO Carly Fiorina discusses the importance of personal ethics to doing business, and shares her thoughts on being fired by HP.
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Carly Fiorina, former CEO of Hewlett-Packard discusses "Tough Choices," telling her own story, along with her unique perspective on leadership, technology, globalization, and sexism.
At age twenty-three, Carly Fiorina was a law school dropout who had no idea what to do with her life. Twenty-two years later, Fortune named her "The Most Powerful Woman in Business" and she was recruited to be chief executive officer of Hewlett-Packard - the first female CEO of a Fortune 20 company - with a mandate to shake things up. And then her story really gets interesting. - Books Inc.
Carly Fiorina was president and CEO of Hewlett-Packard from 1999 to 2005 and chairman from 2000 to 2005. Before joining HP, she spent nearly twenty years at AT&T and Lucent Technologies, where she held a number of senior leadership positions.

[@kellyspencer12]

Me too Plume, I was part of Compaq when HP acquired us and we all felt the same way as you do, she ruined our company and HP, and got a $20 million severance when she was fired.. She epitomizes the greedy at top level management in business today..

[@chicagoken]

As CEO of Hewlett-Packard, Carly Fiorina laid off 18,000 workers. When reflecting on her tenure, she admitted she wished she had "done them all faster."

[@ChitChatJuls]

I'm reading the book she discusses in the clip - 'Though Choices'...and so far it is excellent!! It is full of advice, words of wisdom, and lessons which should be learned.

[@kellyspencer12]

Good one....

[@petridg]

When you were trying to buy Compaq to bring short term results the son of Bill Hewlett told you that this was not good, many people pointed out that this was not a good idea but you played unethical games and got it done. This was the beginning of HP's decent to today's chaos. HP has grown fast before you came into the picture. The problems HP had was organizational, efficiencies and marketing but instead of fixing the problems you made the problems worse. You brought your YES men in the picture who brought incompetent politicians in HP and the rest is history.

[@johnsax1445]

The Facts don't lie: When HP's Board fired her, the company stock skyrocketed.

[@ewrzjc]

HP fined $55 million: carly CEO; plus now SEC investigation of illegally influencing Russian purchase of HP products under carly: Some call it bribery. Ethics: who needs em: millions more important.

[@NSResponder]

Actually, you've got it backwards. Any man showing her level of incompetence would have been shown the door much earlier. She got a free ride for a long time because the board was afraid of negative publicity. -jcr

[@FredSlocombe]

When asked about outsourcing workers to India, Carly Fiorina said at a press conference, way back before 9/11, "No American is entitled to work for HP." She got what she deserved.

[@azspotfree]

Values and standards that apply to thee but not to me. Very inspiring stuff

[@coooldonkey]

fucking have to watch this for school...

[@bilbothejust]

after 22 years (from a 30 year career at HP) she still irks me - she destroyed HP and the board is just as responsible for hiring this thing in the first place.

[@NSResponder]

As I recall, HP"s market capitalization jumped a couple of billion dollars on the day her firing was announced to the press. -jcr

[@ttyciana]

This video was very interesting about what the Economy is going through an the Citizens are the one that are being affected by the Government. It's going to be very hard for our kids today in this Society only because of the lack of Citizenship.

[@HPEMPLOYEE]

This really kills me. She came to HP Roseville and was asked why she moved production out of Roseville and to Texas. Her response was, the Governer gave me a better deal. Oh wow, when i heard her say that, on that day, I about died. So many good people lost their jobs because they wanted to stay in California and not move to Texas. She is running for Senitor? She is not for the people of California. What a joke.

[@fd168]

I agree with you

[@tr0nixx]

Its easy to judge someone when you're not in their boots. Tradition and values as you refer to (as the HP way) are grate things and should be valued, but its also important to understand the importance of change in an ever evolving world. Demand and need is what drives a business, understanding the market and trying to produce great products is more important than worrying how it affects you in an organization.

[@NoneBeforeNoneAfter]

Too bad Fiorina could not go in and FIRE all the Irresponsible Democrats. We need Professionals to do the job. Go Fiorina !!!

[@fd168]

I totally agree with you!

[@iluvpie1223]

@Plumecloud Sad to hear. My Aunt and Uncle also worked for hp for years and have been fired too

[@tr0nixx]

you know what... you guys commenting should first learn about what state HP was in before she joined and how things are now... If you guys were smart enough and had any self-respect or ethics of your own, you wouldn't be commenting like this. Every person has his or her own flaws, and every idea has its positives and negatives.. if the world was so sane enough, it would be at peace and not war... so think before you speak.

[@Dukester5555]

Great lady!!!

[@pnutbutrncrackers]

The comments for this vid only reinforce the fact that YT is a terrible place to look for helpful perspectives. It is basically a microphone for small people to imagine what it's like to speak w/a big voice. It's sad to see remark after remark evidencing no decency or professionalism (let alone fairness or depth of knowledge) berating this woman for her alleged misdeeds and lack of character. Would she get my vote? Not sure. I'll do my investigating elsewhere. But against Boxer, very possibly!

[@vivianoni9565]

…Hypocrite. She was at the helm during Lucent's cooking the books. There's no way she wasn't complicit. Show me the good ethics of accting irregularities warranting SEC fines, Carly.

[@sjcpal]

@TheModelification Do you realize that the oil we drill off the Gulf coast doesn't come to us at a reduced rate? It goes into a international pool and is priced on the open market , so it doesn't matter if we get oil from the Gulf or Saudi ..We use 20% of the oil supply in the world in the U.S. and we produce 5% of the oil ...Our little off-shore drilling adventure has nothing to do with the price , except what they want you to believe it does...

[@sjcpal]

@TheModelification I would like to know where you got your number , I think you are mistaken ..

[@tr0nixx]

Its easy to bask in the heat of a success story and proudly take credit for being a part of it, but its wrong to hide behind curtains when something goes wrong blaming it on one person. When given a role of a leadership people expect you to show results and in most cases managements are changed if they fail.

[@princessserenity084]

Yes it did.That's not accidental. Did you read her book? They way some things were done by the board and so much other politics.

[@HBninjar]

well I've read a lot of bad comments about her, and I'll still vote for her any day over Boxer. She's been in office since 1992 and clearly we're in bad shape...

[@DinkerTinker1]

@johnsax1445 Facts are best measured when you calculate in all parts. Let us start at the beginning when Carly was appointed CEO for HP and then watch what happened after that. What does the charts show you? When Carly was appointed the share price was, what? When Carly ended her career at HP the share price was, what? Don´t forget to calculate in changes in share volume. If the share price was worse of after Carly Fiorina ended her CEO position than before her appointment, you win.

[@exotic1406]

@Plumecloud She might has a bright side, one of her initiatives were really justified (EDS Acquisition). She would have shined if shareholders accepted her proposal. Though HP did after her discharge.

[@somersetdc]

CARLY LAST DAY AT HEWLITT PACKARD: Bye bye, it was nice meeting you, Carly. Take the 45 million and have a nice day.

[@deepsussex]

California is too stupid to put this lady in a position of power . Boxer could NEVER cut it as a CEO in the private sector . I wish I had this lady as my president .

[@tr0nixx]

Well... first to start of, i'd like to clear my earlier stand and say that I'm not advocating what Carly did, but neither do I agree with how people react to things. I always advice people to look at thing from an outsiders perspective and to view it from different angles.

[@Piglatinsuperstar]

that would be me. Man would i like to have me some of that! I could make this chick explode all over my tongue. and you can tell she is a real pillar of integrity

[@wilpri]

Outsourcing is unethical? It's just a business proposition - and global is good. If you believe in "for the people", you have to take into account ALL people.

[@Lavenderrose73]

Man, a lot of people are sure cutting on this lady. I never heard of her until just minutes ago on another video stating she is prolife. She may have her own blemishes, but are they really as bad as okaying the murder of unborn babies???

[@kathy2trips]

The Democrats made it so expensive to operate a large business in America that many CEOs felt they had no choice. We've got to make American workers marketable again.

[@vikramaLP]

.......but what she says is true.....if a Manager/employee is a star performer BUT Walks over the emotions and efforts of supporting team members or subordinates.....this kind of a person should be shown the exit if he/she does not improve his/her attitude, and take his/her business elsewhere.....

[@allanhill1]

The buisinees commeunity and corporation will have to change attitude and policies for the future. No one and I mean no one is worth the multi million dollar salaries and bonuses they earn. The bottom end employees are just as important. Imagine if we could outsource ceo's and vp's to china and india.

[@Carrotcake212]

I am voting for Boxer!

[@YentaY0]

Fire people for their values? I've seen one of your campaign ads. It paints false images. It is unethical. It is immoral.

[@blockaderunner]

Yeppers. I was at church tonight with one of them HP striking rattlesnakes. Couldn't trust em as far as I could throw em.

[@tr0nixx]

Business don't care to wait and see how things turn around and want to see miracles. If it happens, its a success story. In Carly's case she was more under the microscope coz she was a female leader.

[@pakkarim]

People should view PBS's Islam: Civilization of Faith to understand Carly's speech.

[@sjcpal]

@TheModelification OK I did a little checking on your facts , the true facts are The U.S. produces 12% of the world's oil, and uses almost 30% of all the oil produced in the world....We have less than 3 yrs. of reserves mostly in 4 states Texas , Alaska , Louisianian, and Calif...

[@webkinzmomaty]

ethics?? since 4/6 when very 1st tech made fun of my autistic son and hung up on me. extended warranty...tried to do everything not to fix it. only window to my boys world. management lies for him. the techs with true ethics who tried to help were all intercepted by managers. they wanted to system factory setting FAST, few techs did things to my boys laptop that can not be fixed by me. Since 4/6 ive been goin in circles. but the worst is Management lied to me. the tech who discriminated against my boy. his case # is valid. she told me its not & can not kno who he is. These r those ppl in power that have my boy so upset. not able to understand, just see's no one will help. Those who tried i hope still have jobs but now problem is they will be hesitant 2 do so again. Not to me HEWLETT PACKARD to me stands for the corp who laughs and humiliates those AUTISTIC , in fact the entire room was laughing. Then he hung up. so when i read Personal Ethics along side Hewlett Packard I feel ill. it is 4/26 and i have been tormented hav had his laptop ruined by the very company who should be fixing it. If only all those techs who were shocked looking at the laptop, hearing what i was able to tell them and trying to help b4 being stopped, if only they could come forward to tell it as it is. those words above will NEVER stand alongside HEWLETT PACKARD ever again.

[@jpandyaraja]

@Plumecloud and what have you got to say about what followed.......?.....the sugared goodbye deals etc etc .........but off course Carly is an articulate intelligent woman .......some thing that must never be allowed to become a CEO .........Thats what riles people like you.............

[@fylup18]

@katty2trips they had tax cuts for years. we need to give the worker/small bussiness, the true force in this economy the tax cuts. these ceos live like gods. Ike an amazing republican would never approve of this woman.

[@razorvard]

what a cool idea - Become a CEO - CFO of Company - BS your way for a year - Get stocks and bonus then leave.. But first get a really cool resume... TYPICAL WAY TO RETIRE EARLY - CARLY THANKS FOR FU..... OVER COMPAQ BIYATCh..

[@NobbyKNobbs]

She was an awful CEO of HP.

[@LeonardoOngaro]

Hehe ... you forgot to include the amount she got with the nonsense COMPAQ arrangement!

[@tr0nixx]

who are you and what is your association with HP... and what is the reason for your bitterness, were you one of those fired or less appreciated guys... ?

[@ftey2000]

I have seen you personally in many HP meetings, and I can tell that your way of handling questions from employees was not ethical at all. Just don't answer on the subject and talk only about what interests you. You may be very intelligent, but you are not very smart. You may have the record of unpopularity among HP leaders.

[@jaybird321]

Carly Fiorina's platform. "screw the people -- it's all about making a buck".

[@wakeupfist]

IDEA IMMERSION VODCA...sts..

[@lincostinko]

@UnoRaza I have to say she's right though, about America having no God given rights to these jobs. Outsourcing is a reality. How can America compete when other countries like India or China pay their workers dirt cheap? But yeah, Fiorina sucks. I can't believe she's even running.

[@Piglatinsuperstar]

by the way, the people who constantly bark about personal ethics are the biggest hypocrites

[@NoneBeforeNoneAfter]

@nonphixional1 NO.

[@kellyspencer12]

Yea, she probably read it in a book and plagiarized it for you..

[@Budafinga]

2:08 where is business judgement???? you outsourced it with all the other business judgements you made....

[@allanhill1]

She is the epitomy of big buisiness in Ameerica. The US buisiness model provides for the shareholders and top level execs. The regular everday employee is of zero consequence. Air Canada CEO for example earned in excess of $80 odd million but outsourced to India the customer service clerks. Please dont tell me he coulntd have accepted a few million less and kept the emplyees here working. As usual his success in profit building by outsourcing scored him the salary. PIG !!!!!!! They all are

[@fd168]

I agree with you. She is a thief!!!!!

[@kd1s]

Yeah ok, and buying Compaq was a bright idea? She might have had ethics but she sucked as a business manager.

[@ChicagoJoe57]

Yes, I remember when she told the Detroit Economics Club that Americans should not have a right to American jobs. Her attitude, along with Phil Gramm, solidified my vote for Obama. I am glad that she has been unable to find employment since her firing.

[@mikerscope]

0wn3d

[@stockjonebills]

I want Barbara Boxer gone, but Fiorina is just more of the same massive ego.

[@ho0olyhump3roos]

This is a mess

[@kellyspencer12]

Wow, so are you related to Carly? Cause you obviously didn't work underneath her...

[@Einsteinbomb]

Fail. No way I'm sending you to D.C.

[@Oneness100]

She is just another hypocrite.

[@daanman2]

stupid horse

[@fd168]

Big big liar!