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 nuclear fusion faced opposition from the HP board as build up as Compaq employees. In the case of HP and Compaq, the pre-merger strengths, weaknesses, opportunities and threat (SWOT) victimize revealed the potential competitive advantage that would result from consolidation. Besides providing an sparing of scale advantage, the company would limit 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 eagle-eyed goal of strategic integration while HP?s Webb McKinney and Compaq?s CFO Jeff Clarke worked with the legal and HR staff to see that guidelines were establish ed to ensure compliance and prevent ?unauthorized implementation of instrument? (Burgelman & McKinney, 2006, p. 8). The integration team defined processes, theorise goals and timelines for the ripened executives to monitor the company?s success. They to a fault apply 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 slightly 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 cl! ose to 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 oneness (Craven, 2004). HP also instituted ?Fast Start?- a better(p) confide for integrating culture and providing vital information about the unused plan (Craven, 2004). This was mandatory... If you want to get a skillful essay, ordering it on our website: OrderCustomPaper.com

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