Meg Whitman and Hewlett-Packard Essay

There are a gazillion companies out there, but some stand out. Whether it is because of their popularity, affiliations, history, profile or service, one factor simply makes or breaks a company; it’s strategy management process.

In every organization, teamwork should be a term very emphasized among all the members. However, a company should have the tools and willing to motivate its employees towards a teamwork formation within the organization. Therefore, the company should acknowledge the correct incentives that are applicable to build a motivational environment where the people feel free to express ideas, and feel empowered to lead others to a common goal; a place where they feel valued and important for the development of the company, and also, well compensated.

Strategy consists of a consideration of the company objectives, constraints and future plans, the goals to be achieved are the central objective. Business wise it also has to have a business advantage in some form or another namely a competitive advantage. So the important functional areas are: the

It is crucial to understand each of these strategies and how they will impact our organization if they were to be implemented.

Hentry Mintzberg and James A Waters give various types of strategies to improve business and business organizations. Their strategies can be summaries into eight. They are planned strategy, Entrepreneurial strategy, Ideological Strategy, Umbrella strategy, Process Strategy, Unconnected Strategy, Consensus Strategy and Imposed Strategy. The strategies can be briefly explained below.

Strategy concerns to plan formulation and actions taken to empower an organization to carry out its intended objective effectively. To effectively determine a strategic plan for growth in such a explosive business environment, the company must understand how the various strategy like cost differentiation, cost leadership, stability & growth strategy, etc. function in the industry and regard the specific situation of the company.

Margaret Whitman born August 4, 1956, Spring Harbor, New York, U.S. American business official and legislator who served as president and CEO (1998–2008) of eBay, an online closeout organization.

With HR Agenda are indicated the strategies and the objectives that an organization proposes. In this way, the common purpose between companies is to obtain the most advantageous position. To put it simply, the main priority of a strategy is to enable an organization to achieve competitive advantage with its unique capabilities by focusing on the present and future direction of the organization (Bratton and Gold 2007). External factors are all influences outside the company which have an impact on its business.

An organisation’s strategy plays an important role of providing direction of where company wants to be and how best to allocate the company’s resources to meet its objectives. The formulation of business strategies has evolved over the years and has been made more difficult in recent by the uncertain operating environments and global financial crises.

To deliver solutions for “The New Style of IT” which is driven by forces like cloud, big data, mobility and security.

Strategy can be defined as being different from one’s competitors, finding the race to operate and accomplished it. According to Michael Porter (1996), while becoming better at what you do is desirable, it will not benefit you in the long run because it is something other competitors can also do. Strategies for organizations are originally developed by Michael E. Porter in 1979 by introducing the five forces model. A company can identify the industry profitability and attractiveness by analyzing the five forces of Porter (Johnson et al., 2008). And then a reasonable strategy can be set up in line with the strengths and the weakness of an organization is able to create a plan for a stronger position for the organization within its

strategy is an integral part of the organizational culture and is one of its core values. Each

Organization strategies are the building blocks to be successful to a successful organization big or small. If there are no future goals how will and organization expand. When an organization is at its first start the leadership must look at where it is and where they want it to go over the years. There must be a continuous evaluation on processes and procedures to make sure that the direction that are set forth by those processes and procedures are going to put the organization in that forward motion. The organization is only going to be as good as the employees that work within so again the organization must insure that an organizational issue such as training is mandated and executed for both the future of the organization and employee.

A strategy is said to be a plan that is made for the long term success of a product or brand. It is extremely important to have a strategy in order to figure out a direction towards which any company is able to focus all its resources efficiently and achieve desired outcomes. Formulating effective strategies is a considerably long process in itself that combines analysing several factors, situations and issues that are already present in a company and looking to improve on them alongside trying to implement various innovations and ideas to collectively create a direction towards which they can move and direct the resources available to them.

A strategy, according to Robbins and Barnwell (2002, p. 139) is “the adoption of courses of action and the allocation of resources necessary to achieve the organisation’s goals”.