Hp Way

CASE: SM-125A DATE: 07/15/04 THE NEW NEW HP IN 2004 (A): LEADING STRATEGIC INTEGRATION To be acknowledge as the leading engineering company in the world, we puddle to in a flash journey up to system-level prudence and innovation. 1 - Carleton Carly S. Fiorina, lead and chief operating officer, Hewlett-Packard Company institute The past five years had been eventful for Hewlett-Packard. When new chief operating officer Carleton S. Carly Fiorina arrived at the company in mid-1999, the technology industry was nearing the meridian of a bull mart. HP, however, had failed to benefit much from the buoyant market. ahead long after her ar come to, Fiorina set out to shake up HP, streamlining and centralizing decision-making in baffle to face a chop-chop changing purlieu with increasingly demanding customers. Within a year of her tenure, the technology market crashed, exacerbating the need for further change. Fiorina, by wherefore chairman and CEO, and HPs board of dire ctors decided that organic strategical change was necessary, leading to the far-reaching move to acquire data processor rival Compaq. After a dramatic proxy fight, the learnedness took fix in May of 2002. A merger as walloping and bold as Hewlett-Packards $19 one thousand million acquisition of Compaq Computer had never taken place before in the technology industry. Fiorina called it an historic event.

2 She believed it was the right move for HP; a key element in her mission to make HP, in her words, the leading technology company in the world. The integration went more(prenominal) smoothly than anybody outside of the HP and Compaq executive suites predicted3. consolidation ! targets were met and manque cost-saving estimates were exceeded. During 2003, HP had been able to sustain or mitigate its strategic position in its core businesses. 1 totally quotes from Carleton S. Carly Fiorina are from the authors consultation on kinsfolk 26, 2003 unless otherwise cited. ensuant quotes from this interview exit not be cited. 2 garner from Fiorina to HP employees, September 4, 2001. 3 For more...If you want to get a full essay, order it on our website: BestEssayCheap.com

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