Delivering on a commitment in the recent Open Government Partnership: National Action Plan for the United States, he is calling for a large-scale transformation in how agencies maintain their records.

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Analysts argue that, if Mr Pfeiffer had handled expectations better and been more honest about the scale of the transformation he was embarked upon and the long-term benefits it would bring, Compaq's shares would not now be getting such a hammering.

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Franklin Roosevelt, who presided over a country with a third-rate army, ordered an industrial transformation of the American economy on a scale that seemed simply out of reach, with the focused, urgent aim of defeating the Nazis.

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