How the power players do it - by Fortune senior editor at large Patricia Sellers

Meg Whitman on easing HP's "post-traumatic stress"

November 21, 2011: 2:09 PM ET

Meg Whitman's first report card as CEO of Hewlett-Packard (HPQ) comes this afternoon when the company announces fourth-quarter earnings.

In the 60 days since she took the job, Whitman has settled on a strategy (keep HP in the PC business), worked to raise employee morale (terrible after three CEO ousters), and lifted the stock (up 12% since her appointment). But the former eBay (EBAY) chief, who lost her race for governor of California a year ago, has an enormous challenge ahead in reviving America's largest technology company.

"There is a bit of post-traumatic stress syndrome in the organization," she admitted at the Fortune Most Powerful Women Summit early last month, just days after she began the HP job. In a candid interview with Nina Easton, Fortune's Washington editor, Whitman compared HP to California--surprisingly, almost the same size by several key measures. But Whitman feels a lot more comfortable in one realm than the other, as she told us at the Summit.

Click here for the full transcript of the interview with Whitman at the MPW Summit.

Fortune's Most Powerful Women
Fortune's Most Powerful Women For the latest on the most influential women in business, philanthropy, government, and the arts, like us on Facebook.
Guest Posts
Fortune Most Powerful Women Fortune Most Powerful Women The rolodex that redefined power
Profile in The Washington Post
Sheryl Sandberg: Sheryl Sandberg: Don't leave before you leave
COO of Facebook
Wendy Clark Wendy Clark Exec learns firsthand how the homeless live
SVP of the Global Sparkling Brand Center at Coca-Cola
Marissa Mayer's 3 biggest decisions as Yahoo CEO With company stock up over 100% since she began running the company 16 months ago, Mayer reflects on her choices to date. Watch
Chelsea Clinton on running for office: 'I don't know' The vice chairman of the Clinton Foundation talks about her diverse career path and growing up in the spotlight. Watch
MPWomen go Global

The Fortune/U.S. State Department Global Women Leaders Mentoring Partnership brings rising-star women from countries around the world to the U.S. for three-week mentorships with participants of the annual Fortune Most Powerful Women Summit - among them Ursula Burns of Xerox, Laura Lang of Time Inc., Marissa Mayer of Yahoo, and Tory Burch.

Read more

Current Issue
  • Give the gift of Fortune
  • Get the Fortune app
  • Subscribe
Powered by VIP.