3 ms·
Maybe you should read up on the history of HP. It is largely considered to be the case study in how a company can be ruined when technical management is replac
by Junk_Collector 7y ago
Maybe you should read up on the history of HP. It is largely considered to be the case study in how a company can be ruined when technical management is replaced by "MBA" management.
- dangus 7y agoInterestingly, now that I've looked into it, both of Hewlett Packard Enterprise and HP Inc's current CEOs have computing and engineering degrees. At around a combined $80 billion in revenue in 2019, they must be one of the most lucrative ruined companies I've ever heard of. Remember, many people who are candidates for an MBA already have a non-business degree, and they're looking to get a fundamental business education. So a wonderful example of that might be Tim Cook, who has a bachelor's in Industrial Engineering as well as an MBA, and runs the most valuable tech company in the world. Many people say he's not as good as Steve Jobs (due to the lack of personality cult), but then again, Apple is now making more than double the revenue that it did under Steve Jobs with a revenue mix that is much less dependent on the iPhone. The fastest growing segment is services, which is far more profitable and less risky than hardware (ask Pebble, BlackBerry, or Fitbit about that).