Company with Strategic thinking similar to HP
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Please help me so I can complete the following:
Identify [at least one] company that has demonstrated strategic thinking about issues that are similar to those faced by Hewlett Packard. Provide an overview of the issues, identify a total of five (5) different strategies utilized by those companies to address them, and discuss the outcomes. Based on the five strategies, explain how you would adopt them in HP to address the issues you identified. It's suggested you choose a competitor to HP. You can choose several if you want. If you don't think there are any good selections, as a last choice, pick a company you admire as long as the issues are similar to your organization. Include citations and references. Use the 1-4 content topics as sub-headings in the paper so I can quickly format the work. Remember - reader-friendly treatment is greatly appreciated.
Use the following format:
1. Identify a company suitable for this assignment.
2. Identify issues similar to your strategic plan company.
3. Discuss 5 different strategies addressing the issues used by this company.
4. Explain how these strategies would, or would not, work in your strategic plan company.
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Company with Strategic thinking similar to HP
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One of the most important strategic issues faced by technology companies such as Hewlett Package is the slowdown/ recession in US economy, which is forcing such companies to explore exciting and emerging opportunities in emerging markets across the world, especially rapidly expanding markets like India and China.
Leading computing manufacturers like Dell are taking a serious relook at India and exploring the "real potential" of this market, so that it can reap maximum benefits in this very attractive and fast growing market and thus, mitigate the impact of slowing US sales.
Infact, Dell is so serious about India that it is implementing extensive indirect sales approach, unlike its approach in other countries which is more direct sales oriented, primarily to target the growing small and medium size businesses and individual buyers in India. It shows Dell's ability to modify its strategy as per the peculiar requirements of the Indian markets.
Although HP also has a very strong presence in India, it can learn from Dell's example and can modify its existing strategy and take a serious relook at it to expand its presence in this vast country and thus, establish market leadership in the country.
This example has to be followed in all the new emerging markets, where HP ...
Education
- BComm, University of Delhi
- Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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