Rosen's Teleconference With Employees' (cortesy of she_x)
rosen's teleconference to employees she_xlr8s
(44/F/TX) Apr 20 1999
2:24PM EDT
> -----Original Message-----
> From: News CPQ
> Sent: Tuesday, April 20, 1999 7:12 AM
> Subject: Office of the Chief Executive's Monday teleconference
>
> Chairman Benjamin M. Rosen and directors and vice chairmen Frank P. Doyle
> and Robert Ted Enloe, III--the three members of the Office of the Chief
> Executive--led a worldwide teleconference Monday, in which they discussed
> Compaq's future direction. The transcript of that session is published on
> News.CPQ, a daily news update for Compaq employees. See URL
> inline.compaq.com
>
> In the teleconference, the members of the Office of the Chief Executive
> made several significant points:
>
>
> * Our strategy is fundamentally sound, and our potential for growth is
> stronger than ever.
> * We need to accelerate our decision-making. We need to act with
> speed, simplicity and self-confidence.
> * We must have the organizational flexibility necessary to move at
> Internet speed. Size does not mean "slow."
> * The Office of the Chief Executive will direct changes that will make
> the company more competitive, simultaneous to moving ahead quickly to
> select the right Chief Executive Officer to lead the next era of Compaq's
> growth and development.
> * We must re-energize the company, which has not achieved its full
> potential in the past two years. We have re-energized this company
> before, and working together, we will do it again.
> * We will have a more relaxed dress code. Business casual clothing
> will be considered appropriate.
> * Compaq has the best employees anywhere in the industry -- we have
> the people and the competency to make the changes that will reinforce our
> industry leadership.
> * Former CEO Eckhard Pfeiffer oversaw a period of stunning growth in
> Compaq's history. All those who benefited from that growth owe him a debt
> of gratitude.
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