A firestorm of press has exploded around the firing of
Hewlett Packard's CEO, Mark Hurd, over accusations of sexual harassment and ethical misconduct.
Now, I am not going to take issue with the Board's decision to fire him, that is well within their purview. And a "zero-tolerance" policy, especially at the top, can be a valuable signal for the rest of the organization. (Versus one set of rules for executives and one for everybody else).
At the same time, this is exactly the kind of situation where he might have been worth the effort to save, because alot of money is going to get spent to replace him (estimates of 30-100% of his annual salary).
What makes this situation "saveable"?
First, he was performing. During his tenure,
- HP became the top seller of personal computers and printers
- Sales of one-hundred fifteen billion
- And HP's stock price had doubled.
Second, the situation appears to be relatively "mild." Not to condone any accusation of sexual harassment, but it does not appear to be a case of either "severe" or "pervasive." Even his accuser was "surprised" to hear he lost his job.
So to "save" him means to find out what was really going on - probably completely unrelated to the presenting issues - that this inappropriate behavior became the outlet.
As I have seen time and time again, rather than dealing directly with the real issue and the discomfort, uncertainty, anger, whatever, of the issue the feelings gets channeled into inappropriate behavior.
So, after the investigation, instead of firing Mark Hurd and spending anywhere from 30-100% of his annual salary to replace him, plus the 10% drop in the stock price, the board could have engaged a professional to "save" the CEO for a fraction of the cost to their bottom line.