Published on: Tuesday, September 07, 2010

The HP Succession Debacle

Posted By: Joseph Daniel McCool
Filed Under: joseph daniel mccool, talent management, succession planning, mark hurd, hewlett-packard, oracle

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If the issues at stake for Hewlett-Packard weren't so serious for shareholders and employees alike, one might find some humor in the disastrous, but highly avoidable, set of circumstances that have unfolded since the surprise resignation of Mark Hurd and his appointment as co-president at Oracle.

In the interest of time, let's set aside the reasons for Hurd's abrupt and rather embarrassing exit from his former employer. Instead, let's consider that one man was sitting with the titles of HP chairman, CEO and president and credited with leading a successful turnaround of the company. And let's acknowledge that public company directors almost universally cite CEO succession planning as one of their top three responsibilities, if not their primary responsibility.

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