The Decline of the HP Way
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This lack of consensus on strategic issues lead to a sense of drift over the companys presence in the personal computer market, and delayed the response to the emergence of the internet (Beer 5).... In response to advice from McKinsey and Company, Hewlett-Packard sold off its instruments, the new entity became known as Agilent Technologies (Beer 5).... The computer business needed large initial research and development investments, and required different company divisions such as chips, software and peripherals, to work in tandem, which was a change from the decentralized model which had succeeded in the instruments business (Beer 2)....