Hewlett started Hewlett-Packard (HP) in 1939 inside a small one car garage behind Packard’s house. The two finished their studies as electrical engineers at Stanford University in 1934 and became close friends. They decided to start their own business "and make a run for it”‚ formalizing their partnership January 1‚ 1939. (The HP Way). They decide the company’s name with a coin toss that one car garage became the office of Hewlett-Packard. At the time it was started HP had $538 in working capital and
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The Hewlett Packard Company (HP) is a leading American technology company. HP was established by William Hewlett and David Packard in 1939; Operations were organized and set up in Palo Alto California as an up and coming IT and computing Systems Company. As the largest IT Company with revenues totaling $127.2 billion‚ in 2011 HP ranked #11 as a Fortune 500 company and established itself as the leading high technology company in America (HP Annual Report). The organizational structure can be divided
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HP Hewlett-Packard is the world’s largest manufacturer of personal computers in the world in terms of unit volume and annual revenue. Its Personal Systems Group (PSG) has a 17.9% market share though the Personal Systems Group forms 34% of HP’s total revenue. Segmentation Hewlett-Packard follows the differentiated manner of marketing since HP targets different markets depending on their income budget or the customer needs. With the acquisition of Compaq‚ they have added more budget computers into
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20 “If Only HP Knew What HP Knows . . .” Thomas H. Davenport Innovation in Action About the author: Tom Davenport‚ professor of Information Management at the University of Texas‚ Austin‚ is best known for his research on how organizations bring about major innovations in their work processes. His 1993 book‚ Process Innovation: Reengineering Work through Information Technology‚ was the first book to describe what has become known as “business reengineering.” More recently‚ Davenport’s
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1. INVENTORY/SERVICE CRISIS FOR HP DESKJECT PRINTERS There are a number of causes of the inventory/service crisis described in HP: • The first cause was the demand variability of printers. For example‚ the demand for model A in Europe had the monthly standard deviation of 32.4 while the monthly mean was 42.3. Combined with increasing pressure from resellers that forced HP to offer the resellers flexible distribution‚ fluctuations in demand resulted in the high levels of safety stocks and high
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MNC Concept MNC means Multi National Corporation. MNC company is the company where the company produces the goods in anywhere of the world and sells the goods in anywhere of the world is called MNC. MNC is a company which has it headquarters in its home country. it can have its business in more than countries. but most of the assets controlled by the individuals of the home country. MNCs is the company which run the business in other country but have head office in its own countries. In other
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1. Discuss the three most serious problems you have identified in the case. Defend why you think they are the most serious. The most serious problems I identified in the case would be the lack of management‚ the structure of management and the reward system. Carly Fiorina’s strategic vision had been underutilized‚ vague and no one knew if the vision was being executed. Employees within the company could not follow the company’s vision and no motivation followed with the employees. With the
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Hewlett Packard (HP) Strategic Analysis Student Name Strategic Mangement 11/10/2012 Contents EXECUTIVE SUMMARY 3 Hewlett Packard (HP) Background: 4 Company Objective: 4 Mission statement: 5 Vision statement: 5 Strategies: 5 Corporate Level Strategy: 5 Business Level Strategy: 6 Review of PC division of HP: 7 Strategic Analysis: 8 External Analysis: 8 1. FIVE FORCES MODEL ANALYSIS 8 2. STRATEGIC GROUP ANALYSIS: 12 3. INDUSTRY LIFE CYCLE ANALYSIS 13 Internal
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HP Slogan: “Everybody On” — the new HP slogan. “Seamless‚ secure‚ context-aware experiences for a connected world.” "What you care about‚ we care about" Segment Home (19) HP ENVY 4-1000 Notebook PC series HP ENVY Ultrabook 4-1000 HP Spectre XT Ultrabook 13-2000 Ad: http://www.youtube.com/watch?v=C50hcfYCo58&feature=related HP ENVY 6-1000 Notebook PC series HP Pavilion dv4-5100 Entertainment Notebook PC series HP ENVY Sleekbook 4-1000 HP ENVY 15-3200 Notebook PC series HP Pavilion
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HP-UPS: The main cost difference in two scenarios should be the following: Cost Without UPS With UPS Inventory High Low Trans-shipment Low High Exchange rate impact Low High Interest Impact High Low Base material cost Low High Lost sales High Low Obsolescence High Low If the costs increase in transshipment‚ exchange rate and base material cost is more than that reduced through inventory reduction(combined should have less variation than separate individual)‚ interest
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