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HP Corporate AR

Keep those calls and emails coming…

Published 11 January 2008, 04:30 PM

Most calls or emails we get from analysts fall into two categories. First, most contact us to get information about something specific going on within HP. Second, a smaller group of communications are from folks trying to sell a report or service to HP. The communication we miss and would like to see is a note saying “I’ve been thinking about…”

The bulk of the interactions between HP and the analyst community revolve around data and opinions about what happened, what is now happening, or a short-term forecast of what might happen. To paraphrase a much maligned quote, these interactions are about what we know and what we know we don’t know.

For instance, if HP is working on a new Power and Cooling data center offering, staff within TSG generally know which analysts to contact to get information about what customers want, what the market looks like, and for opinions about market take-up. If we don’t know which analysts are covering this topic, we can search the firms’ web sites, talk to account reps, and look at other sources to find out who among you are writing about P & C.

But, a good number of people within HP Labs and various incubation programs are working on projects which are beyond what exists now, and may not have a direct link to what exists now. Others within the Office of Strategy might be blue skying what might be new markets in 2013, or the M & A group might be looking for a company similar to the one you just stumbled across.

In these and other instances, we have little insight into which analysts we should be talking to. More importantly, since we flunked mind-reading courses given by our children, if you have ideas or information that may be useful, we have no way of knowing that. We don’t know what we don’t know.

So, communicating with us may not always be productive J, but not pro-actively contacting is guaranteed to be non-productive. We’re listening.

Posted By warrensander | 3 Comments | Trackbacks | Permalink


Comments

Your desire contradicts the desire of your employers. We spent a great deal of timing over the past several years dividing our efforts between today, tomorrow and beyond. Throughout thousands of conversations with hundreds of companies it was clear that many senior managers, HP's included, held little interest in the not-so-distant-future. For most, their incentives are built upon today and tomorrow so one can hardly blame them for their focus. Consequently, they may hear but they do not listen. Eventually, those of us who look beyond tomorrow conclude that it isn't worth the time or effort to speak to those who do not listen - people who believe they already know all that is worth knowing. Instead, we choose to focus on those who do listen, understand and act. Perhaps that is why the communication you so desperately happens so rarely.
# Thursday, January 17, 2008 10:51 PM by jmartins_at_datamobilitygroup_com
I think that Joseph's post illustrates a common problem in the analyst community -- talking to the wrong executives when it comes to future looking issues. Certainly at any vendor doing serious "R" as part of R&D, there are many executives focused on supporting the the installed base and getting the next rev of a product out the door. Because most analysts are narrowly focused on product categories, they typically are only exposed to the product executives. analysts need to dig to get to the execs looking to the future. BTW, I highlighted this post at http://sagecircle.wordpress.com/2008/01/24/reading-list-for-january-24-2008-%e2%80%93-social-media-index-transparency-too-cool-for-school/ Carter Lusher Stratgist, SageCircle www.sagecircle.wordpress.com
# Thursday, January 24, 2008 01:36 PM by carter_lusher_at_hp_com
We have always found it difficult to determine which executives are genuinely focused on the future - they are not always the prolific execs quoted in the news. I think HP is a great example of that. I've met quite a few HP execs over the years and nobody (that I can think of at this moment) stands out as specifically focused on the long-term. In contrast, companies like IBM seem to make it virtually impossible to speak with folks out on the cutting edge, even if we know who they are. Perhaps they believe analysts would waste their time, or that we're incapable of honoring NDAs. While no firm is perfect, companies like EMC, Sun, HDS and Cisco seem to do a great job of exposing thought leaders to the analyst community. We know who they are and we have relatively easy access to them. Organizational transparency is important, and access is essential. In the 6 years that we've been working with HP, access has never been an issue - HP has been very responsive to our inquiries. But the company could definitely help the analyst community by identifying the go-to sources and owners of HP's long-term vision. That'll make our jobs easier when we need their insight for our research.
# Thursday, January 24, 2008 11:07 PM by jmartins_at_datamobilitygroup_com

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