Submitted by: Submitted by ronicemb
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Date Submitted: 08/26/2012 06:09 PM
PM587 - Advanced Program Management
Founded by William Hewlett and Dave Packard. Products, technologies, software, solutions and services Core competency centered on small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors One of the world's leading computer manufacturers that has become less agile and responsive over time. HP s current CEO of HP is Meg Whitman.
Company merges and acquisitions leading to $118.4B in revenue by 2008 Ranked 9 by Fortune 500 (2009)
Severe revenue decline since 2008 Fallout from poor leadership decisions and behaviors Cuts in Research and Development Failed to respond to industry and market changes Market value less than half (2010)
Buyout of Palm for $1.2B
Major bidding war win over Dell for 3PAR for $2.07B
Strategically moving business forward
Streamline processes and eliminate bureaucracy Increase Research and Development with a focus on innovation Develop a sense of urgency, speed, and agility Restore integrity, uncompromising standards and customer service
Passion for customers
Trust and respect for individuals
Achievement and contribution Results through teamwork Speed and agility Meaningful innovation
Uncompromising integrity
Research & Development
Printing & Personal Systems Group
Enterprise Business Division ExpertOne
Reorganized to respond to customer needs
“… a faster, more streamlined, performance-driven HP that is customer focused and poised to capitalize on rapidly shifting industry trends” (HP, 2012).
Away the Personal Computing and other hand held projects to customer focused IT solutions
Drive profit margin potential and the market niche of cloud computing and personal solutions Using ExpertOne as a one shop solution service provider
ExpertOne to increase market share and shareholder value...