Tim 685 Strategic Planning Company Audit Hewlett Packard

In: Business and Management

Submitted By ACLDstudent
Words 2849
Pages 12
TIM 685 STRATEGIC PLANNING
COMPANY AUDIT HEWLETT PACKARD

Contents Abstract 3 HP Background 3 Company Mission 4 HP’s Corporate Objectives 5 Mission and governance Analysis 5 Recommendations 6 HR Report on HP 7 Recommendation 8 Internal Analysis 8 Recommendation 8 Mergers Acquisitions and Spin-offs 9 Recommendation 9 External and Global Environment 9 External Analysis 10
Recommendation 11
Porter five forces Analysis of HP 12 Recommendation 14 SWOT Analysis 14 Conclusion / Recommendation 15 Reference: 16

Abstract

This Company audit was conduct using publicly available information about Hewlett-Packard. The Audit includes mission statement, company philosophy, PEST SWOT, Financial Analysis, market position analysis, corporate governance analysis. The analysis uses industry standards for company audits such as, Porter, SWOT, and PEST as a guideline for the areas to be assessed.

HP Background

Hewlett Packard is a publicly traded company on the New York Stock Exchange. The firm was started by Bill Hewlett and David Packard. The merger with Compaq was one of HP’s major strategic moves recently. Even in naming the new company the two founders flipped a coin in the famous garage, Dave Packard won the coin toss but conceded to pit Hewlett name at the front.

"It is necessary that people work together in unison toward common objectives and avoid working at cross purposes at all levels if the ultimate in efficiency and achievement is to be obtained."

— Dave Packard

Company Mission

HP’s Shared Values

Passion for customers
We put our customers first in everything we do.

Trust and respect for…...

Similar Documents

Hewlett Packard Company Profile

...Hewlett-Packard The Company Hewlett-Packard (NYSE: HPQ), also known as HP, is a global technology company working in approximately 170 countries around the world. Over the years, HP has provided service for a billion of customers and continues to service many more every day. Many people often think of printers when thinking of HP, yet they account for much more than just printers in the technology world. HP has product lines in printers, laptops, desktops, servers, storage, and networks just to name a few. With all of the products that HP has, they also provide customer service with locations around the world on six continents. HP uses the “follow-the-sun” global workflow approach, whereas when the sun moves, the opening and closing of the service centers move with the sun. For the entire year of 2011, HP’s revenue clocked in at $127.4 billion, with $12.6 billion in profit (Kessler, 2011). Even though HP made $12.6 billion in profit last year, some would consider it a slow year for the technology giant. One of the things that had an impact on profits was the acquisition of the software company “Autonomy” for over $10 billion, in October of last year. Sometimes profits do not reflect growth, and HP understands that growing will allow them to stay competitive for many years to come. Community Difference HP believes in the community and has donated to many relief funds around the world such as the Haiti earthquake and the most recent Colorado fires. With over 300......

Words: 1407 - Pages: 6

Mgt521 Hewlett-Packard

...Hewlett-Packard Hewlett-Packard Hewlett-Packard Corporation has proven that innovation is key, and even with a few years of a steady, and sometimes drastic, decline in revenue and profit, there can be light at the end of the tunnel. HP has gone through 4 CEOs in 8 years which has caused changes in environment, culture, and the trust of stockholders and investors. However, current CEO Meg Whitman has a positive outlook. In the last year since her start with HP, she has implemented a four year restructuring plan. The restructuring plan will be discussed in detail in this paper as it is a vital part of Hewlett-Packards situation financially and in the Market. When the economy is in a recession, all industries suffer. For a company like HP, the down market mixed with the increasing rate of technological advances, it is a double hit. HP has been the leader in PC manufacturing for over 70 years and is still one of the top in the industry. The future of HP looks promising. Faith in HP has been shaken over the last 5 years but with Meg Whitman on board, her experience and knowledge will be a much needed change for the company. In this paper, the strategic innovations for a changing market will be discussed in detail with what HP has in store for its future and how the company will rise in hard times. Also discussed will be the tactics that have already been put in place by HP including new products that will, in hopes, positively change their image. Human Resource...

Words: 2527 - Pages: 11

Chapter 14 Case - Hewlett-Packard Company

...Assignment # 2 - Chapter 14 Case - Hewlett-Packard Company 1. Discuss the three most serious problems you have identified in the case. Defend why you think they are the most serious. The first problem identified is the under-management of the company. The former CEO, Carly Fiorina, while being highly visible in the press failed to provide the necessary leadership within the company. Many felt she did not provide enough direction inside the company causing the company’s operations to suffer. Being perceived as inaccessible and unreliable to those under your leadership tends to lead to distrust. Often being press-savvy and being accessible and dependable to those under your leadership are sometime at the opposite ends of the spectrum. The second problem identified is that of the company being dysfunctional and struggling. The former CEO had implemented a strategic vision without have the proper guidelines in place to ensure success of the plan. Because of the vagueness of the vision, this caused the inability to determine if it was being executed at all. With the confusing matrix structure, there was little accountability which slowed the decision-making process. With the complicated reward system in place, no one knew if their performance had any effect on their bonuses. It also caused talented executives to leave the company and held little hope of new talent coming on......

Words: 963 - Pages: 4

Texas Instruments and Hewlett Packard

...Texas Instruments and Hawlett-Packard Strategic planning systems Texas Instruments is more diversified company, whereas, Hawlett – Packard single industry with related diversified firms. That is why we suggest TI to use vertical strategic planning system. Business units prepare strategic plans and submit them to senior management to review and approve. For related diversified and single industry firms, like HP, tend to use both vertical and horizontal. The horizontal dimension might be incorporated into the strategic planning process in a number of different ways. Moreover, tend to create new markets and exited as a cost- driven competitors entered and the market matured. In consequence, for HP importance of strategic planning is very high due to uncertainty of environment in a “build” strategy. However, Texas Instruments favored early entry, followed by expansion and consolidation of its position, resulting in dominant market share when the product matured. So, for TI importance of strategic planning is relatively low due to stable environment. Budgeting systems For Hawlett – Packard role of the budget is short-term planning tool, whereas, for Texas Instruments is control tool. HP is concentrated on more flexible production processes to meet the needs of its custom and low-volume markets, while TI concentrated on more capital-intensive and cost-effective production processes to supply its more standard, high-volume markets. For HP, this implies relatively high......

Words: 578 - Pages: 3

Mbo at Hewlett Packard

...now can be made available to you over the Net, because it’s now being created as an Internet service. ––Linda Lazor, Director of Operations, ESS, Hewlett-Packard How does any large company reinvent itself? Can a company with a past have a future? I mean that’s basically the question that we’re posing because a lot of people claim that anyone who has a past does not have a future in this world. ––Nick Earle, President, ESS, Hewlett-Packard In early April 2000, Nick Earle sat in his cube on the upper level of Building 44 of the HewlettPackard (HP) campus in Cupertino, California. He wore a wireless telephone headset, which allowed him the freedom to jump up and wander about his team’s open cubes as he fielded calls from potential business partners. Earle, age 42, was President and Chief Evangelist of the 90person E-Services.Solutions (ESS) group. The group had grown out of a task force he had put together more than a year earlier. Asked to create an Internet marketing strategy, he and several other “frustrated radicals” created a plan which ultimately led to the formation of the ESS group. ESS now held the mandate to develop an Internet strategy and framework for all of HP. Earle and his team faced tough challenges. They had pulled together some great technologies and products within HP and secured partnerships with other companies, new and old. Still, several questions remained to be answered. Could they create a sustainable strategy? Would they be able to act fast enough,......

Words: 10981 - Pages: 44

Hewlett Packard Strategy Report

...Contents Company Profile 1 Industry Environment 3 Competitors & Competitor Market Share 3 Products & Services Produced by Firms in the Industry 3 Which Strategies are these firms pursuing? 4 Porter’s 5 Forces 5 Threat of New Entrants 5 Buyer Power 5 Supplier Power 6 Threat of Substitutes 6 Rivalry Intensity 7 Strengths 7 Innovation 7 Size and Scale 8 Synergies among products and services 8 Brand name 9 Product manufacturing 9 Weaknesses 9 Acquisitions 9 Supply Chain Dependencies 10 Flat R&D spending and less patents 10 Financial Performance 11 HP vs. Industry 12 Non-Financial Performance 13 Opportunities 13 Cloud Computing 14 Emerging Markets 14 Supply Chain Improvements 15 Threats 15 Rivals 15 Smartphones 16 Economic Slowdown 16 Current Strategy 17 Business Level Strategy 17 Corporate Level Strategy 19 Recommendation 20 Risks 22 Implementation 24 Appendices 26 Appendix A: HP Company Mission Statement 26 Appendix B: Worldwide Portable PC Shipments (2011-2012) 27 Appendix C: Worldwide Desktop PC Shipments (2011-2012) 28 Appendix D: Worldwide Tablet Computer Shipments (2011) 29 Appendix E: SWOT Analysis 30 Appendix F: The Pathfinder Model 31 Works Cited 32 Company Profile   Hewlett-Packard first began its modest operation in 1939, when its founders Bill Hewlett and Dave Packard began making its first product, the audio oscillator. In the early years, the company often......

Words: 7725 - Pages: 31

Management and Leadership: Hewlett Packard

...Management and Leadership: Hewlett Packard Management and Leadership: Hewlett Packard Hewlett Packard (HP) is a technology organization that has been around since 1939. They have one hundred and seventy organizations that operate all over the world (Hewlett Packard, 2010). Hewlett Packard explores how technology and the technology’s services can help organizations and people with their problems and challenges. They offer a wide range of the best technology in the world today. This includes desktops, laptops, hand-held’s, and even more. The company believes in having strong ethics and responsibilities (Hewlett Packard, 2010). They take pride in everything they do and only plan on giving their customers the best technology available. Hewlett Packard’s corporate headquarters is located in Palo Alto, California. Hewlett Packard has to have a strong management and leadership team to better serve the company’s customers with the latest technology (Hewlett Packard, 2010). This analysis will explore the difference in management and leadership, how the roles and responsibilities of the organizational leaders and managers play in creating and maintaining a healthy organizational culture, examine the affect of globalization and management across borders, and two strategies that leaders and management can use to create and maintain a healthy organizational culture. Management and Leadership Most people today believe that management and leadership mean the same thing.......

Words: 1895 - Pages: 8

Case Outline-Hewlett Packard

...Assessment 2 – Outline : ‘The Hewlett Packard Way” Case Study: I chose the ‘Hewlett Packard way’ as last year I spent the whole year as Store manager in a retail position. The first half of the year I managed for a company with a reputation for high staff turnover and in the second half I managed for a company with similar values to Hewlett Packard. Not only were staff members more loyal in the second company but the level of self-driven motivation was second to none. I am passionate about this management style. Contemporary management Issues in relation to this article Issue: HP consistently puts principles derived from Theory Y into practice taking a completely soft model of Human Resource Management approach. However more recently HP have been experiencing problems because of a downturn in the economy and needs to reduce costs. Should HP stick with this approach through this rough patch though more costly? The Company: Hewlett Packard company or HP is a public, manufacturing and professional services sector industry founded in 1939 by William Hewlett and David Packard. It provides It provides computer hardware/software and IT services to consumers, small- and medium-sized businesse and large enterprises. Founders Bill and Dave established a philosophy of management called the ‘HP way’ which is 100% people orientated built on recognition of achievements. Key management Issues: The problem with a purely Theory Y based approach to management saves......

Words: 785 - Pages: 4

Human Resources at Hewlett Packard

...Human Resources at Hewlett-Packard (A) “The HP Way“ was a concept based on the belief and core values of Hewlett and Packard , and, the translation of those values, into a comprehensive set of operating practices ,cultural norms and business strategies.(Jim Collins) The core values of the company indicate its stand, by trusting and respecting its employees. HP followed the “best fit perspective” by ensuring that the people they hire were highly capable, diverse and innovative and that their contributions were recognized. The work culture stimulated innovation and encouraged them to upgrade their skills and capabilities through ongoing training and development processes. The company made them realize that goals could be achieved only by teamwork and cooperation. However, it also ensured that each individual gets proper space to excel in their own areas of operation. For engendering such a culture, HP created a few novel HR policies which were perhaps implemented, for the first time in the industrial world. HP created flexi time, quality cycles, Friday afternoon concept, walk around management, freedom of input and the like. HP emphasized on the way things were done, not only to what was accomplished. The primary values of the company were, trust and respect for individuals, high level of achievement and contribution, achieving common objectives through teamwork, meaningful innovation and uncompromising integrity. Here, we may be intrigued, as to, why a company should......

Words: 1803 - Pages: 8

Hewlett Packard Spin-Out

...MEMO To: Mohamad Ali From: Bas van Hulsenbeek Concerning: critical analysis spin-out ------------------------------------------------- Date: October 20, 2014 Dear Mr Ali You have asked us, Hulsenbeek Strategic Issues Support, to prepare a memo providing a critical analysis of the current strategic and leadership challenges facing the spin-out of part of the business of Hewlett-Packard (“HP”) announced October 6th. This spin-out will result in two publicly traded companies: Hewlett-Packard Enterprise, responsible for the storage, servers, software and security divisions and HP Inc., responsible for the PCs and printers divisions. The spin-out is expected to close by October 2015. In this memo we have: 1. Reviewed HPs past performance 2. Reviewed the rationale behind the spin-out 3. Conducted a SWOT-analysis, and 4. Concluded with our future outlook. 1. Review past performance Just as many other entrepreneurs, HP started because the founders discovered something. They wanted to see a market arise from the possibility of substituting an already-existing product or service with something better, namely more stable oscillators for a better price. Providing their market with better quality products for a better price therefore became the new company's raison d'être. Over the last 80 years, the crucial key success factor that has made HP successful has been her ability to adapt to new circumstances. For example, after starting......

Words: 1321 - Pages: 6

Hewlett Packard Case Response

...8/10/99 (REV’D 8/01/06) HEWLETT-PACKARD COMPANY: NETWORK PRINTER DESIGN FOR UNIVERSALITY INTRODUCTION Sarah Donohoe, manufacturing engineering manager of the network laser printer division at Hewlett-Packard Company (HP), listened intently to her colleagues at the project review meeting for the development of their latest new product. With Sarah at the meeting were Jane Schushinski, marketing manager, Leo Linbeck, head of product design, and David Hooper, the controller of the division. The main topic for this meeting was the decision of whether or not to use a universal power supply for the next generation of network laser printer, code-named Rainbow. Previously, printers in the North American and the European market have distinct power supplies and the associated fusers in the main engine of the printer. For North American printers, a 110 volt power supply was installed. For European printers, a 220 volt power supply was added. This printer engine was built by HP’s manufacturing partner in Japan. Due to the long lead time for engine manufacturing, HP had to specify the requirements of the two types of printers at least fourteen weeks ahead. The time that it takes the Japanese partner to commit the printers for shipments, the transportation times and customs clearance totals about four weeks. Hence, if a universal power supply is used, then HP would have the flexibility of postponing the specification of the printer engine by at least two months in planning process.......

Words: 4431 - Pages: 18

Hewlett-Packard

...1. Discuss the three most serious problems you have identified in the case. Defend why you think they are the most serious. One of the Hewlett-Packard’s most serious problems its lack of management. CEO Carly Fiorina didn’t provide enough direction. The strategic vision she was using to guide the company was unclear, and nobody in the company has any idea if it was being carried-out or not. Without a well-defined strategic vision for the company, employees had no motivation and no sense of organizational purpose. As a result it can lead to a number of symptoms such as poor image, slow growth and a decline in sales, which is a direct connection to lack of leadership and imprecise strategic vision. The second of the H-P’s most serious problems was its confusing matrix structure, which blurred accountability lines and slowed decision-making. A matrix structure focuses on integrated teams and involves reporting to multiple managers. It can be highly effective, but it can be confusing to work within and it can also create conflict between project bosses in different parts of the matrix. According to Williams (2011), some of the common problems are disagreements or misunderstandings about schedules, budgets, available resources, and the availability of employees with particular functional expertise. A matrix structure requires a high level of coordination to manage complexity involved with running large, ongoing projects at various levels of completion and it also requires......

Words: 1384 - Pages: 6

Case Study on Hewlett Packard

...MBA6100 Managerial Accounting TEXAS I & HEWLETT PACKARD JAHZUYAN SAWO 10/01/2011 Hewlett Packard commonly referred to as HP; the HP was founded by Hewlett and Packard in a one car garage in Palo Alto. HP is one of the world’s largest information technology (IT) operating in nearly every country. HP specializes in developing and manufacturing the world computing, data storage, and networking hardware, designing software and delivering services. Major product lines include personal computing devices, enterprise, and industry standard servers. HP markets its product to households, small to medium –sized businesses and enterprises directly as well as via online distribution, consumer-electronics and office-supply retailer, software partners and major technology vendors. Approximately $40 billion of their sale are coming from services. In 2007 HP posted net revenue in 2010 was $126.3 billion, in 2009 net revenue was $115 billion, with making HP the first IT company in history to report revenue exceeding $100 billion in 2008 HP retain its global leadership position in inkjet, laser, large format and multi-function printers market, ad its leadership position in the hardware industry, Also HP become No.2 globally in IT services. HP leaders have an......

Words: 778 - Pages: 4

Hewlett Packard

...HEWLETT PACKARD 1 Hewlett Packard Tonise R. Fuller Electronic Marketing MKT327002 VA0016 1122-001 Professor Tonja Moss, MBA HEWLETT PACKARD 2 I. Description of the site and the products or services sold on the site. A. The website that I will be doing by Analysis on will be Hewlett Packard, www.hp.com. Hewlett Packard is a technology corporation that offers solutions and products to customers and businesses to create an improved world. With millions of consumers searching for better and new ways to increase the demand for technology consisting of many products for businesses. HP provides software, technology service to customers and products for any type of business small and large. This company relies heavily on their salespeople to sell their products to businesses and customers. Their website consist of a black sleek look that gives you an assortment of tabs that consist of laptops, desktops, All-in-on PC's, Services, Ink & Toner, Accessories, Deals and many more. The website shows pictures of their products, savings and deals as well as search engines to search for a specific laptop or printer model. This website is easy to maneuver and check out is very easy and simple. II. Evaluate the visual......

Words: 1167 - Pages: 5

Hewlett-Packard Company Case Study

...CASE: Hewlett-Packard Company: Network Printer Design for Universality (p. 358-363) Question 1 It allows HP to postpone (product standardization, postponement) the allocation of laser printers (or specification of printer engine) to specific regions by about two months. Thus, in these two months the decisions can be made based on the aggregate demand forecast (US & Europe) in all regions. Production team believes universal power supply can enable HP to better respond to regional demand (US & Europe) and reduce its inventory costs. Question 2 1. Disadvantages / costs of the universal power supply include: i. Increase material cost (USD 30/unit) ii. Possible power play among warehouses / Distribution centers (DCs) when transshipment is facilitated by the use of the universal power supply. 2. Advantages of the universal power supply include: i. Improved forecast accuracy ii. Less frequent (and cost of) stock-outs due to improved forecasting (especially at the beginning – product ramp-up stage - of the PLC) and risk pooling (for both US & Europe). iii. Lower safety stocks and inventory holding costs for a given service level due to improved forecasting. iv. Lower transshipment costs (approx. conservative estimate $250 (re-configuration) per printer - because expensive rework can be avoided, and safety and conformance regulations (Underwriter’ Laboratory certification process costs) can be eliminated. v. Easier transshipment (less hassle free, as......

Words: 1050 - Pages: 5

w 32 sklepach | full length | Newly Listed