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Project Report - Essay Example

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Hewlett Packard (HP for short), one of the successful Information technology corporations, initiated merger initiative with another equally successful major Compaq, with then CEO Carly Fiorina taking the initiative. Both Compaq and HP are long time rivals in the field of…
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Project Report
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Project Report

Download file to see previous pages... There were opportunities in various areas, with the combination of both the companies’ products reaching a wider customer base. However, there were challenges as well because of lack of apt and optimum integration or merger, with Fiorina not able to achieve success. This lead to the initiation of change management process, with the new CEO Mark Hurd taking over the combined entity. So, this paper will review the merger between HP and Compaq in 2001, identifying the strategic management issues that preceded the merger on both sides, along with the changes in the management strategy resulting from the combined operations
Organized human activities which are carried out in-group will be most times organized or constituted into an organization. Thus, organizations are physical ‘structures’, in which humans or employees from different backgrounds will converge to accomplish the allocated work under the under the supervision of a leader and managers, for the benefit of the organization as well as their personal benefit. ‘Collage’ of employees in the sense, organizations will be normally constituted with employees coming from different backgrounds, culture, etc, who will also have different education qualifications, skill level and attitude. Employees will be recruited and apportioned into different departments based on their skills and knowledge and for better arrangement in the organization. These departments, which make up an organization, only play an omnipresent and crucial role in the proper and effective functioning of the organizations, by adopting various feasible and effective strategies. That is, with every organization wanting to expand their reach and achieve success through one means or other, they have to formulate and implement various strategies.
So, when the organization has enough opportunities, it can set targets and ...Download file to see next pagesRead More
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