Table of Contents Company Profile 1 Industry Environment 3 Competitors & Competitor Market Share 3 Products & Services Produced by Firms in the Industry 3 Which Strategies are these firms pursuing? 4 Porter’s 5 Forces 5 Threat of New Entrants 5 Buyer Power 5 Supplier Power 6 Threat of Substitutes 6 Rivalry Intensity 7 Strengths 7 Innovation 7 Size and Scale 8 Synergies among products and services 8 Brand name 9 Product manufacturing 9 Weaknesses 9 Acquisitions 9 Supply Chain Dependencies 10 Flat R&D spending and less patents 10 Financial Performance 11 HP vs. Industry 12 Non-Financial Performance 13 Opportunities 13 Cloud Computing 14 Emerging Markets 14 Supply Chain …show more content…
While Hurd was considered a decent CEO, a scandal emerged consisting of missing funds and legal issues which ultimately resulted in his resignation. HP brought in Leo Apotheker to replace Hurd as CEO. Unfortunately for the company, Apotheker proved to be an incompetent leader who did not know how to succeed in the market and deal with the press. In August 2011, Apotheker decided to utilize a “surprise press release” to announce that HP was planning to spin off from its PC business. As a result of this unexpected announcement, investor confidence plummeted as did HP’s stock price. After less than a year as CEO, HP’s board of directors fired Apotheker. Meg Whitman, the next CEO who previously ran eBay, unfortunately took control of a company which dropped 50% in corporate value. ("Leo Apotheker Dumped as HP CEO.")
Although Whitman possesses no experience in the IT industry, her past in politics and success at eBay has given HP hope that they can once again achieve sustained profitability. The company’s success will rely heavily upon the decisions made in the next few years.
Industry Environment
HP is a player in 4 different yet related industries. The four industries are the computer hardware/personal computing, computer software, IT services, and IT consulting industries. We will focus on the personal computer and tablet industry.
Competitors &
Kudler fine foods is a premium food retailer whose business is primarily based on sales of bakery, meat, seafood, produce, dairy, and wine. It has ambitious plans but the tightening economy threatens its quality proposition and further expansion. A strategic focus on Kudler fine foods is to improve the level of convenience offered to customers. This strategy would enable its customers to buy more of what they want at Kudler fine foods. Facing the fierce global market competition, Kudler fine foods launches the developing innovative choices for consumers. With the concept of customers as “the foundation of
All of these technological advances by HP receive the attention of Japan and China where HP expanded in hopes of continuing to invent newer and better technologies in the future. Since the 90’s HP has gone on to invent many other firsts like the first all-in-one device and is the first company to recycle ink cartridges. They have also acquired many smaller companies like Snapfish and Compaq to grow the company to being one of the industry leaders in personal computing. (Hewlett-Packard, 2013).
William Pickton is not behaving the same as normal people in the society he resides in. He has murdered over twenty people, but doesn’t show any evident psychological defect, except for the fact that he may be a serial killer. There could be basic reasons for becoming a serial killer, such as revenge, or serious psychological problems, as a result from a trauma.
In 1989, David Packard, the co-founder of Hewett-Packard put into writing the company’s organizational values which was to be used as the HP’s way and also use as a management tool and as a criteria for daily decision making. These company values have been reinforced by the company’s current CEO, Meg Whitman and they are: 1. Integrating critical opposites- to create an organization that sustain its competitive advantage regardless of the
Changing Market Conditions In the early 1990's, while technological innovation continued to drive the company's success, many business units were being forced to compete on other dimensions. In consumer product lines, low prices, broad availability and ease of use had become competitive requirements. Lew Platt, HP's current President and Chief Executive Officer, once acknowledged the importance of improving customer service and responsiveness, We're not doing as good a job in order fulfillment as we need to. In fact, it's where we get our lowest marks from customers. We have to be a lot easier to do business with. Improvement in order fulfillment will strengthen HP's competitiveness, increase customer satisfaction and reduce expenses, so this is an
HP entered into an agreement with Compaq Computer Corporation in September 2001. In this definitive agreement, HP is going to purchase all of Compaq’s common shares outstanding, and pay a total price of 0.6325 shares of its common stock for each share of Compaq’s common stock.
The PC industry is highly competitive and constantly changing as technology evolves and customer needs change. Some of the top competitors in the PC industry are IBM, Hewlett-Packard, Dell and Apple. Theses rivals are constantly jockeying for the top competitor’s position. They compete in prices, product innovation, advertising, etc.
Apple Inc, best known as Apple is an American based global company that designs and sells electronics, PCs and computer software. The company was established in 1976 by Steve Jobs and Steve Wozniak and was incorporated in 1977. Some of the Apple’s best-known products are the Macintosh range of personal computers, iPod, iPhone, and iPad. By 2012, Apple reported to have more than 300 retail stores located in more than 10 countries in the world and more than 60, 000 employees on permanent employment, and about 2,800 on temporal employment. Despite the success the company, Apple has faced hard competition from other electronics manufacturing companies. The objective of this paper is to develop a strategic plan that will enable Apple improve its position in the personal computer industry. The paper will use Michael Porter’s forces; key success factors, SWOT analysis and the competitive strength to point out specific, workable recommendations that will allow Apple stay afloat and improve its position in the personal computer industry (Gamble & Marino 2012).
However, though Fiorina’s tenure was not a perfect one, board members of HP insisted Fiorina was correct in her vision and strategic plan for HP. Reviewing the company figures, although Fiorina did not meet her own financial target, and the market share of the most lucrative printer business has decreased, HP has obtained larger market share of personal computers (from 7.7% to 15%) and servers ( from 14% to 31.7%) from 1999 to 2004.
HPs business model is advantageous because their customers have more choice in purchasing options, they can buy online, but if they need more assistance they can buy from a store where advice will be provided. Although this is good for the customer, it has detrimental effects on HPs traditional
In comparison, HP operates in seven segments: Imaging and Printing, Personal Systems, Enterprise Systems, HP Services, HP Financial Services, Software and Corporate Investments and their principal activity is to provide solutions and services to individual consumers and businesses.
Although both companies have diversified into other industries, PC industry is still their most important source of revenue. For years, these two giants are battling for lead in PC market. When measured by market share, HP has taken place of Dell as No.1 seller in PC market since 2007 (FIGURE 1). When measured by revenue, HP also wins over Dell for almost five years (FIGURE 2). Also, Acer grew rapidly in market share partly because of its merger with Gateway in 2007 (Einhorn 2007), and almost matched Dell in 2009.
Patricia Dunn as the board chairman, made a decision that the board had to meet several times in a year, culminate in multi-day, off-site retreat that were held in January where the board was required to have review of the coming year plans and strategies. However, recently, the board had faced various issues related to turnover and turmoil. Some of the actions undertaken by the boards were to organize and assist the new technology committee to make some of the best recommendations towards the board’s scope, direction, quality, execution of HP strategies and investment levels.
Heart. Memories. Wishes. My first song is “You’ll be In My Heart” By Phil Collins. In this song the literary device used to convey the theme of when someone loses someone important to them, they will be by there side forever and never leave is repetition. My second song choice is “My Wish” By Rascal Flatts. In this song the literary device pathos helps convey the theme of never giving up on dreams and when other people doubt other people's goals but they continue to keep moving forward.
Throughout the last couple of years a major world wide debate has been if students should have smart phones. It has been said that cell phones have been very helpful to not only the students but some of the teachers as well. The podcast states “But these devices are being integrated into lessons.”(00:18) These devices can be just as helpful during class then after class. Many students need the cell phones to do calculations, research, show up on time, and to keep up with their schedules, buy parents also want their children to have cell phones so they can directly message them in case of an emergency and so they can just communicate with their children. Technology can be a powerful tool to help students learn and many students benefit each day from technology use. The podcast states “I feel like it is important for them to learn how to cope with having a powerfully addictive engaging device”(15:38) This teacher stated that he mostly teaches college bound 18 year olds, so this quote means that for these soon to be adults smart phones are a big responsibility step into becoming an adult. In short many teachers believe that smartphones are a big help and a big tool in the classroom and they help with the development of these students.