Excerpt from Study Proposal:
6. Business Model Progression
As you can actually 2008 annual report remarks, the company’s business structure is focused upon ensuring the right instruments that can help the customers “capture, store, process, reveal, print and view”
information. From that perspective, one can understand the core in the HP business structure. However , in the medium and long-term technique, it also needs to consider yet another factor that may be likely to have an effect on the advancement of the business design: more and more, data is either online or, even more plausible, it requires to be quickly accessible to the client any kind of time moment in time. While all technology has motivated this approach, the existence of information on the net seems to be a crucial development of the HP business structure.
The company might use the recently acquired software program companies to advance more on the online environment, which is the place that the core of the information business today appears to be. The company will not necessarily have to aim to be the next Yahoo, but rather to improve its presence over the Internet, increase its capacity to connect with potential and upcoming customers above this environment and grow its basis as a web based company.
As well, the company also can develop more towards the ERP-type solutions, which would allow this to enter the enterprise administration niche which can help diversify their activity as well as revenues in the future. This can as well help in concentrating on one of the potential strategies that is previously mentioned. The company does have, at this time, services and solutions in the enterprise this management software marketplace, but this may also be widened as mentioned.
7. Best it-Supported Proposal
The very best it-supported proposal is not really a single one, but instead a combination of these kinds of previously mentioned that might be unified beneath the following information: diversification in the software solution industry, with an additional, better extension on the internet industry and a cost management through outsourcing in Central and Eastern Europe and also other cheaper regions of Europe, good results . the EUROPEAN UNION legislation implemented.
As it has become previously displayed, such an procedure would allow the company to retain it is market command, but also believe a long-term strategy that might enable that to continue it is revenue and market share progress over the following decades.
Bibliography
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2 . Wikipedia. Around the Internet by http://en.wikipedia.org/wiki/Hewlett_Packard. Last retrieved on November 5, 2009
3. Pui-Wing, Tam. 2002. To get Hewlett – Packard, the true Competition Does not Make Computer printers. The Wall Street Journal Europe. Sept 2002.
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BR Staff Article writer. 2007. HP reaches $100 billion earnings mark intended for the monetary 2007. On the Internet at http://www.cbronline.com/news/hp_reaches_100_billion_revenue_mark_for_the_fiscal_2007. Previous retrieved upon November 4, 2009
Wikipedia. On the Internet at http://en.wikipedia.org/wiki/Hewlett_Packard. Last retrieved on November 4, 2009
Pui-Wing, W tamtym miejscu. 2002. For Hewlett – Packard, the true Competition Will not Make Ink jet printers. The Wsj Europe. September 2002.
08 Annual Record. On the Internet at http://media.corporate-ir.net/media_files/irol/71/71087/HewlettPackard_2008_AR.pdf. Last retrieved on The fall of 4, 2009
