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Strategy Development Process | Hewlett Packard

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Added on  2020-02-12

Strategy Development Process | Hewlett Packard

   Added on 2020-02-12

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Strategic Management inAction
Strategy Development Process | Hewlett Packard_1
Table of ContentsINTRODUCTION...........................................................................................................................3PATCH 1 ........................................................................................................................................3Strategy Development process....................................................................................................3REFERENCES................................................................................................................................6
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INTRODUCTIONStrategic management in action presents the scenario of current administrative theoriesand practices which are related with the organisation activities. A company takes the actions toimprove their performance and through this, proper allocation of resources is done (Ackermannand Eden, 2011). In the present assignment, case study of Boardroom battles at Hewlett Packardhas been explained with political activities which directly affect the strategy. Further, organisingfor success has been described. Along with this, leadership and strategic change with the case ofSergio Marchionne is explained.PATCH 1 Strategy Development ProcessIn the year 2012, Hewlett Packard has exceed their turnover of $ 120 billion but thereprofits were declined due to losing shares in the market. In this company, board of directors arehaving big responsibilities to ensure that strategic direction has been used for the achievement ofobjectives. The high authority management should ensures that they are hiring the qualifiedcandidates and have this much power to monitor the performance of employees. The employeeshave to properly communicate with the stakeholders and shareholders which can support infinancial reporting. Strategic political management refers to the set of actions plans which are enacted byenterprises for intention of maximizing economic returns from political environment (Freeman,2010). In the modern era, there is continuously increase in government activities which arerapidly growing business and they are involved in public policy making also. From over a decade, the CEO was finding difficulties in arriving at the coherentstrategies and this has caused infighting in the board room. In the year 2002, according toFortune, he found that some one in organisation was leaking the confidential information whichare passing through the press. On other side, the members are assuring about the refusing theidea of CEO through this the it is causing on the development of strategy process. It also directlyaffected the strategic development process of company to provide better services to customers. When Mark Hurd's became CEO for the five years then it ultimately increased share pricefor a long period of time (Hill, Jones and Schilling, 2014). It is also disguised that there is ademoralised at workplace which is lacking from the innovations and it were not supported by
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