Sunday, May 19, 2019

Hewlett-Packard, Inc Essay

Hewlett-Packard, Inc. has been one of the in the lead IT Company competing with DELL. Throughout the political party history, Hewlett-Packards top management team has always sought to assure that the company stays up of its competitors. Though this has been the case, strategic decisions do by the companys ult and present CEOs, especially, Carleton S. Fiorina and Mark V. Hurd may differ as much as they may be similar in some ways. During Carleton S. Fiorinas tenure, the main focus was on the future and all strategic decisions and investments were made for future developing and stability.This kind of investment was at the expense of any decisions that would ensure growth at the time. Fiorina was the HP CEO from 1999 to 2005 and during her tenure the main causes of loss of revenue and market share were due to the occurrence that she not only focuses on the future rather than current growth but she made investments that seemed dear(p) to the company at the time but which she be lieved could bring greater revenue growth in the future. capital opposition from managers and some board members, coupled with the scandal on leaked company information saw the company scene delve into the negative causing financial damage to the company.According to Evans-Correia (2005), Broderick said HP sedate faces numerous problems. It continues to lose market share to Dell Inc. and its corporate-computing unit, which includes storage, software and server computers, has remained weak and unable to suffer off competition from IBM and EMC Corp. The company has good technologies, but their to-market strategy has not been effective. Though the merger with Compaq brought increase revenue growth in the future, at the moment the merger was given a go ahead and completed, HP encountered its share of losses that were a little higher than it may have predicted initially and inform publicly.The then CEO, Fiorina, was questioned about these losses and the apparent in-disclosure of t hese information to the public and board of directors. In his article, Intense grill Flusters Fiorina, one of the writers, Burt (2002) reported that Just as he had done yesterday, Hewlett attorney Stephen Neal repeatedly grilled the top dog executive about internal financial reports that predicted larger revenue losses for 2003 than HP projected in publicly issued statements. Increasing counterfeit products could also be seen as one of the setbacks that cost HP its revenue, image as well as market share.While the merger with Compaq brought H-P an added rivalrous strand in the computer computer hardware manufacture, the acquisition of EDS, an HP Company will now see H-P attain a competitive edge in the IT Services sector. This means that both ventures are almost equally important to H-P in maintaining leadership in the IT industry. The Compaq merger/acquisition was aimed at gaining HP footing in the computer hardware industry firearm the acquisition of EDS was strategically tar geted at giving the company the competitive edge in IT wait ons and customer care.While HP was mainly focused on the sale of printers, magnification to the computer hardware would prove strategic at the time the merger with Compaq was initiated. The moment EDS came on board, expansion and enhancement of the HP outsourcing service delivery was realized. During ex-CEO Fiorinas tenure, the main strategic choices that were made were aimed at cost cutting and investment in the future with hot ventures.While Fiorina focused on hot ventures and expansion of the business part of the company, Hurd focused on expansion, growth and retention of employees and enhancement of customer service and support. Fiorina was more focused on sales, high profits and numbers at all costs while Hurd focused on the company tradition of focusing on the employees as well as growth and expansion. While Fiorina went to on to cut jobs so as to cut on costs, Hurd took on a new stand by focusing mainly on all th at could be done to maintain the vanquish workers and staff retention as well as customer satisfaction.As stated by Hurd and Lesjak in the HP Annual Report (2008), The addition of EDS further expands HPs comprehensive, strategically assembled portfolio that provides uncomparable capabilities for delivering end-to-end solutions. More importantly, EDS adds a world-class, globally scaled services capability to HPs established leadership in hardware and management software. Since inception, the company has proven to be a greater competitor and leading in innovation and customer satisfaction.

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