Policy and Strategy for Business Essay Example | Topics and Well Written Essays - 6500 words

Policy and Strategy for Business - Essay ExampleFrom this paper it is clear that Fiorinas strategy of my way or highway has also left the top leadership starkly unequal in senior executive positions. Surely she had fired a lot of people in observe positions during her tenure. Robert P. Wayman, the interim-CEO, is not exactly in a position to make business critical decisions and time may be running out for HP. The telephoner lacks the technological edge to compete with its US rivals wish the dell and the IBM, and the Chinese giant Lenovo, in the PC market. The software unit of HP is a non-performer that makes a suffering contribution of $122 million to the companys kitty. The initiative of HP to emerge as a of import player in the software business by acquisition of companies has also backfired. The fact the HP disconnected money in software, despite the bright results of the industry in general, is a vivid pointer to its slither shod handling of acquisitions. But the most se rious threat that HP faces is to its Printer market from its competitors like Dell. Though the profits of $ 22 from printing division in 2003 was the saving grace of the company, Dell has speeded feeding into its pie of low end division of Inkjet printer. Despite the bleak picture, it is only the Printing division that is the proverbial flatware lining of the cloud for HP.This paper outlines that tactically the company is moving in the right direction by strengthening it and spending more into its R & D. However, the company needs to make bold decisions to rebuild its investor confidence. The stocks of the company had plunged 8% in the market, which is enough to wake the Board up. And it is the Board alone that can save HP from its obvious dismantling. A few radical decisions, besides the more obvious one of the appointment of a full time chief, need to be made without any more wastage of time. HP needs to expend extra-baggage by disinvesting more the less profitable PC and softw are divisions and concentrate on printing. This way it volition no longer have to defend itself on many fronts.