[jacquesm]

The funny thing is that you're both right and wrong. You're wrong in that the CEO is the person most responsible for corporate culture, everything else flows from there.

But in this particular case, the HP way was 'on the way out' for a while before she ever joined the company, the Agilent spin-off was already in the works before she took over as CEO.

I'm sure that she carries her portion on the blame for what came next though, but spinning off Agilent was definitely not a smart move because it was to a large extent the strongest hold-out of 'the hp way'.