The herd instincts of major corporate executives continues to amaze me. These are people to whom the concept of evidence-based decision making is clearly alien. And, as Jean-Louis Gassée points out, the herd is still alive and well.
As reported in last week’s Monday Note, eBay’s John Donahoe no longer believes that eBay and PayPal “make sense together”, that splitting the companies “gives the kind of strategic focus and flexibility that we think will be necessary in the coming period”. This week, Symantec announced that it will spin off its storage division née Veritas so that “the businesses would be able to focus better on growth opportunities including M&A”.And now Meg Whitman tells us that HP will be “a lot more nimble, a lot more focused” as two independent companies: HP Inc. for PCs and printers, Hewlett Packard Enterprises for everything else.Spinning off the PC and printer business made sense three years ago when Léo Apotheker lost his CEO job for suggesting it, and it still makes sense today, but this doesn’t mean that an independent HP PC company will stay forever independent…