Assignment1 Sample Solution

Assignment1 Sample Solution - Topic(s) Culture Issue(s) 1....

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Topic(s) Issue(s) Evidence Ranking Culture 1. Benefits of the 'HP way' 2. Downside of the 'HP way' 3. Difficulty to break a long- established culture High corporate integrity and employee loyalty. HP had lost its aggressiveness and growth was slowing down as the company became a bureaucracy of entitlement and consensus with nobody willing to make decisions. The 'HP Way' was laid down by the founders in 1957. Staff were proud of their culture which was considered as key to success. They regarded Fiorina's attempt to revamp the culture as destroying HP's legacy. 3 5 5 Managing Change 1. Internet age. 2. Unstable financial market. The late 1990s brought 2 shifts in industry dynamics and HP failed to meet market needs and was lagging behind IBM and Dell. NASDAQ went down by 39% during the time when Fiorina was CEO. 4 3 Communication 1. Fiorina was not receptive to employee suggestions. 2. Employees & Board failed to receive Fiorina’s message. 3. Poor communication with
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This note was uploaded on 04/27/2011 for the course STAT 301 taught by Professor Gabrille during the Spring '11 term at HKU.

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Assignment1 Sample Solution - Topic(s) Culture Issue(s) 1....

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