HP placed its bets on PCs, now mobile is killing them
Great post by Adam Hartung, of The Phoenix Principal on why HP is in trouble. Having worked there in the past, I know it all too well.
"Mr. Apotheker [recently fired HP CEO] and Carol Bartz, recently fired CEO of Yahoo, made similar mistakes. They relied heavily on their personal past when taking leadership of a struggling enterprise. They looked to their personal success formulas - what had worked for them in the past - when setting their plans for their new companies. Unfortunately, what worked in the past rarely works in the future, because markets shift. "