Benchmarking

Hewlett-Packard and Compaq:In May 2002, Hewlett- Packard (HP) and Compaq announced a unification that deport to the creation of a company with revenue of around $75 billion and over 155,000 employees in over 160 countries. The uniting faced opposition from the HP board as trick out as Compaq employees. In the case of HP and Compaq, the pre-merger strengths, weaknesses, opportunities and threat (SWOT) abridgment revealed the potential competitive advantage that would result from integrating. Besides providing an denseness of scale advantage, the company would swallow 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 recollective goal of strategic integration while HP?s Webb McKinney and Compaq?s CFO Jeff Clarke worked with the legal and HR staff to mind that guidelines were establish ed to ensure compliance and prevent ?unauthorized instruction execution of instrument? (Burgelman & McKinney, 2006, p. 8). The integration team defined processes, theorize goals and timelines for the ripened executives to monitor the company?s success. They too 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 more or less the merger and their roles.

These individuals were responsible for decision-making on issues relating to: employee selection, custody reduction, titles, salary and eval uations. Compaq and HP also awarded retentio! n bonuses to roughly 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 superstar (Craven, 2004). HP also instituted ?Fast Start?- a outperform confide for integrating culture and providing vital information about the unused plan (Craven, 2004). This was mandatory... If you want to get a dependable essay, ordering it on our website: BestEssayCheap.com

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