Management Of Change: Term Paper

4165 words - 17 pages

IntroductionIn the beginning of the company's history the founders did not focus on growth per se, but focused instead on manufacturing quality products. Choosing not to compete on price, the company concentrated on developing advanced products adapted to customers' needs. In 1957 the company was divisionalized along product lines in an attempt to decrease spans of control and to simulate the ideal aspects of small business units within a global corporation. They planned to give considerable operating freedom to the managers of these business units, but to do so within a set of commercial and management guidelines.Over the last twenty-five years Hewlett Packard has grown at least tenfold. In retrospect, current senior management believe that culturally they had become both complacent and paternalistic, and an implicit policy of no redundancy had become established in the minds of employees. However, by the late 1980s Hewlett Packard faced the same difficulties as its competitors, including increased competition; sluggish markets, decreasing profitability, and a declining stock market valuation. Yet by February of 1994, the group was recording a 41 per cent rise in first-quarter net profits. In 1993 the UK subsidiary increased its turnover by 43 per cent, generating profits of $85 million compared with a break-even position in 1992.A number of factors appear to have contributed to this turnaround. Apart from market changes, new product launches, and cost-cutting measures, the level of bureaucracy within the company was also attacked. A company that had been started by entrepreneurial engineers, advisers urged that it had become too centralized. In addition, new ideas were being squashed if they appeared too unorthodox. Hewlett Packard's response was to return to a decentralized structure that gave freedom back to the individual business units. This decentralization arguably helped one business division to take off in business terms and capture a significant proportion of a new product market.Hewlett Packard is a company for the 21st century. HP,(Hewlett Packard) uses its technological advances to heal, educate, and connect people worldwide. It is one of the world's largest computer companies and the foremost producer of test and measurement instruments. The company's more than 29,000 products are used in industry, business, engineering, science, medicine and education. In its 1997 fiscal year HP had a net revenue of $42.9 billion, which puts it at 14 on the Fortune 500 list. Among the top 10 U.S. exporters, 56 percent of HP business comes from outside the United States. Japan, Canada, Australia, the Far East, Latin America and Europe all count on Hp for their needs. (Hewlett Packard Site). HP is No. 5 among Fortune's Most Admired Companies and No. 10 among Fortune's Best Companies to Work for in America. (Fortune Site). Headquartered in Palo Alto, California, the company employs more than 120,000 people, of whom some 69,000 work in the United...

Find Another Essay On Management of Change: Term Paper

Management in times of change Essay

1990 words - 8 pages area of humanactivity, management included. Managers who want to go head to head with the speed of lifeneed to embrace change. Preserving status quo is no longer a valid option. As InfoWorld'sBob Lewis put it in today's world change is the only constant. Increasing number of changesleads to an incredibly complex situation, a situation which can be dubbed chaos. Thechallenge of management in times of change is, as Tom Peters suggests, thriving on

Change Management - Theories of Changes

1433 words - 6 pages Organizational change is usually triggered by relevant environment shift, either internal or external, that sensed by companies and leads to intentionally generated response (French, Bell & Zawacki, 2006). This paper will discuss several organization development models..Theories of ChangeIn order to survive and prosper in a rapid changing environment of business world, organization is often required to generate fast response to changes

Management of Change: Charles Handy.

2144 words - 9 pages another: The world is changing. But how can organizations survive within the chaos of uncertainty? The following essay will give an insight into the complex world of the management of organizational change with a more detailed view of the ideas of the Irish management thinker Charles Handy.Organizational culture and changeCharles Handy has written some of the most influential articles and books about management of the past decade and has reached

Functions of Management Paper.

830 words - 3 pages The purpose of this paper is to define the four functions of management: planning, organizing, leading, and controlling and to explain how each function relates to your own organization. The organization I belong too is a oil and natural gas producing company.The fundamentals of management have been around since around 1100 B.C when the Chinese founded the four functions of management: planning, organizing, leading, and controlling (Bateman T

Functions of Management Paper

890 words - 4 pages Functions of Management PAGE 6 Functions of Management PaperNeresa ClarkeUniversity Of PhoenixMGT 330Sharon Donnelly MBASeptember 11, 2008Functions of Management PaperOrganizations need to continually grow and change in order to survive in today's complex business environment. Management's role is to continually build and maintain the organization they work for. Management is the process of working with people and resources to accomplish

Delegation of Management Paper

1350 words - 5 pages of management. The combination of delegation skills and the four functions of management are used in the author's organization. The purpose of this paper is to inform the reader of how the author's manager delegates, how he could delegate more effectively, and the author informs on delegation skills.References:Bateman, T., & Snell, S. (2004). Management: The New Competitive LandscapeThe McGraw-Hill CompaniesChapman, A. (1995-2000). Delegation. Delegating authority skills, tasks and the process of effective delegation Retrieved February 4, 2006 from, M. (2004). (6th.ed). Springfield, MA: Merriam-Webster Inc.

Functions of Management Paper

674 words - 3 pages Management is creative problem solving. This creative problem solving is accomplished through the four functions of management; planning, organizing, leading and controlling. The intended result is the use of an organization's resources in a way that accomplishes its mission and objectives. (From Higgins, Page 7)First, planning is an ongoing process of developing the business' mission and objectives and determining how they will be accomplished

Strategic Management: Sony - Change of CEO.

2777 words - 11 pages conducted cautiously and phased over time.The timing of strategic change is essential. Companies which enjoy long-term strategic success change proactively whilst they are still successful. If they wait too long they will be forced on to the defensive. Not only must companies be able to manage a programme of change, they should look to develop a culture which is responsive to perpetual change pressures. Strategic change implies a corporate juggling act

Portman Hotel and the management of change

1289 words - 5 pages systemHowever this system also has positive effects on the business itself as it has the following goals:Being the first to offer such service and to implement such an original concept of hotel luxury, the change has to be made quickly and built against strong competition. Indeed it is the only competitive advantage the company seems to have as its rates are higher than those of the market and the structure of its costs heavier than that of its

Strategy management of change (case study)

3856 words - 15 pages and gain a competitive advantage. By choosing a strategy, a firm decides to pursue one course of action over others. The firm's executives are thus setting priorities for the firm's competitive actions. Strategies are organic in that they must be adapted over time as the external environment and the firm's resource port folio change. (Strategic Management, 6th edition, page 7-9)The fundamental nature of competition in many of the world's industries

Term Paper on Unionism in the Grapes of Wrath

1973 words - 8 pages organized labor. The term "reds" described those who tried to put the idea of unity to the public.In the novel, Steinbeck tries to shows this concept that large business used to justify intervening with possible signs of organized labor. The priest named Jim Casy was accused to be an activist by the private security, "[you] red son-of-a-bitch," (Steinbeck 495). It was an excuse used to stop the movement and a change in the history of Western United

Similar Essays

Improving Long Term Care Admissions Policy: A Voice Of Change

1175 words - 5 pages Improving Long-Term Care Admissions Policy: A Voice of Change Thirty minutes before evening shift change and you receive the call. A new admission is in route to your facility. The patient is reported to be of high acuity, requires intravenous antibiotics, and has a diagnosis of chronic pain. In some health care settings this would be considered a typical new patient admission. However, for rural long-term care facilities there is potential

Technology And Change Management Paper

2885 words - 12 pages Technology and Change Management Paper Changes are occurring constantly in the health care environment, which impact the overall operations of the industry. Technology is constantly advancing, which forces businesses to adapt to today's information-age economy. "It is the information age – a time when knowledge is power. Today, more than ever, businesses are using information and technology to gain and sustain a competitive advantage" (Haag

Change Management Plan Paper And Defense

2962 words - 12 pages CrysTel telecommunications, the company used in the simulation "Building a Culture for Sustaining Change," needs to develop a change management plan in regard to the constant changes that are needed in order to compete in the telecommunications industry. This paper will cover the major implications of the change at CrysTel telecommunications to include any human behavior implications. An appropriate change model for CrysTel telecommunications

Change Management The People Side Of Change

1877 words - 8 pages this techno savvy and dynamic market is not an easy go for companies. Companies are going for strategic organizational change management to keep abreast themselves to this competitive market. Change is an ongoing process it is inevitable. Change is necessary for the survival of the organization. Change is modifying or transforming the organization in order to maintain or improve their effectiveness. Change Management has become a common style