Meg Whitman’s mission in attaining the position of HP’s CEO was to simplify the business both from the inside and the outside, providing stability to a company that has had four CEOs in the last 10 years.
“Certainly when I came to HP, I was experiencing a moment of instability and that was one of the first things I wanted to change. I needed to simplify our business, both for the market and ourselves”, said Whitman during the Global Influencer Summit in Shanghai, China.
The CEO of the largest personal computer maker in the world decided last March to join in the division of desktops and printers as part of this simplification. These two businesses represent just over 51% of total profits for the firm.
Whitman, who took the position in September 2011, said that at first, this decision was met with a response that divided the executives. But over time, they have accepted.
“We have more people who say they support this decision. There is much work to do and we are on an adventure, not just a career,” said the executive.
China, the Next step in HP
Whitman spoke at this global forum on the importance of the Chinese market for the company, which in 2015, will need twice as much as the number of PCs in contrast to the United States.
“We believe China is no longer part of the BRIC market. This country is mature in the consumption of technology and the adoption of new services,” she said.
Whitman said the company will invest twice as much capital in research on development in contrast to the past year without specifying the total amount for this item.