For HP after Fiorina, execution matters [Video]

“Carly Fiorina came to HP to revitalize and reinvigorate the company,” said Patricia C. Dunn, an HP director since 1998, who was named non-executive chairman of the board. “She had a strategic vision and put in place a plan that has given HP the capabilities to compete and win. We thank Carly for her significant leadership over the past six years as we look forward to accelerating execution of the company’s strategy.”

One analyst also cited “execution” as a problem. “Under Carly, HP has made a number of acquisitions and developed some great products in the labs, but they don’t seem to be able to bring those products to market,” Illuminata analyst David Freund said. “A major part of execution is converting science to actual products, taking things out of labs and making successful products. That has not been HP’s forte. So, it seems to be a matter of execution …