Benchmarking

Hewlett-Packard and Compaq:In May 2002, Hewlett- Packard (HP) and Compaq announced a unification that exceed to the creation of a company with revenue of around $75 billion and over 155,000 employees in over 160 countries. The unification faced opposition from the HP board as rescind as Compaq employees. In the case of HP and Compaq, the pre-merger strengths, weaknesses, opportunities and threat (SWOT) airlift revealed the potential competitive advantage that would result from consolidation. Besides providing an prudence of scale advantage, the company would train the largest number of service professionals. Creating an integration plan at HP began with the announcement of the board for the have companies and defining the basic organizational structure. Executives from both companies worked on the hanker goal of strategic integration while HP?s Webb McKinney and Compaq?s CFO Jeff Clarke worked with the legal and HR staff to square off that guidelines were established to ensure compliance and prevent ?unauthorized implementation of instrument? (Burgelman & McKinney, 2006, p. 8). The integration team defined processes, hypothecate goals and timelines for the ripened executives to monitor the company?s success. They likewise utilize a tight selection process and came up with a assort of 800 individuals from both companies called ?named but not announced? who were also condition legal advice around the merger and their roles. These individuals were responsible for decision-making on issues relating to: employee selection, custody reduction, titles, salary and evaluations. Compaq and HP also awarded retention bonuses to nearly 8,200 employees ahead the merger; only 10% were from the executive take aim and 95% of them stayed. HP also set up a intercourse portal called ?@hp? which was operational from day unrivaled (Craven, 2004). HP also instituted ?Fast Start?- a better confide for integrating culture and providing vital informat ion about the unused plan (Craven, 2004). T! his was mandatory... If you want to get a all-encompassing essay, ordering it on our website: BestEssayCheap.com

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