Which of the super trends is driving H-P to change?

Which of the super trends is driving H-P to change?

The company’s revenue peaked in the year 2011 by 127 million. Ever since the company has been experiencing failure and reduced earnings, this calls for change. Different factors are influencing the H-P change. For one, there are layoffs. This company decided on laying off  50000 employees. This was aimed at increasing the funds to delve into new technologies—secondly, significant acquisitions. The company has more than seventy purchases. This calls for restructuring to ensure effective management of the company. Lastly, this organization is influenced by technology as digital and print documents are increasingly affecting their printer market.

Which of the forces for change is causing H-P to undertake significant organizational change? Explain

There are outside and inside forces of change influencing H-P to make significant organizational changes. The outside forces include technological advancements and shareholders. When it comes to technological effects of change, H-P needs to ensure that it advances with the advancements in technology to retain its customers. For example, cloud computing is replacing printers.  Secondly, if the stakeholders lose faith and trust in the organization, then the revenues of the organization will automatically decline. The inside force of change includes human resources and employee behaviour. The organization lay off 50000 employees to increase productivity.

To what extend is H-P following the four steps of fostering innovations? Explain

I think the organization is making the necessary strides towards fostering innovation. For one, it promotes searches. In essence, the company relies on think groups and customer demographics. This gives them feedback on their products and how to market their goods and services.  Search also involves identifying the competition and determining where and what to improve on to gain a competitive advantage. The second step H-P follows is assessing their ideas. For one, they evaluated whether increased turnover would benefit the organization before laying off 50000 employees. The company also looks at ways to improve customer interaction in an aim to increase customer loyalty. The third step is the developmental step. The company effectively analyses the risks associated with such a venture. Lastly, the organization follows up by implementing their ideas.

What advice would you give Whitman based on what you learned on this chapter?

It is essential to note that organizational change is a hard task to partake in. This is because it requires so many changes which will need to be sufficient for the success of the organization. My advice to Whitman would be to be extremely motivational to the employees of the organization. Show them the bigger picture and what they stand to benefit from the change.

References

Kinicki, A., & Williams, B. K. (2016). Management: A practical introduction (17 ed.). New York, NY, USA: McGraw Hill Education.

Jane, L. (2018). Putnam Consulting Group. four steps for fostering innovation. https://putnam-consulting.com/philanthropy-411-blog/four-steps-for-fostering-innovation/

http://www8.hp.com/us/en/hp-labs/innovation-journal-issue5/three-pillars.html

https://www.channelnomics.com/channelnomics-us/news/3019506/hpe-details-2018-strategy

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