Strategic Plan Paper About Hewlett-Packard Company

Strategic Plan Paper About Hewlett-Packard Company
HEWLETT-PACKARD COMPANY
INFORMATION

Course: Strategic Planning for the Administrator
Strategic Plan paper
The paper should be 10 pages in length, double-spaced. It should include:

1. Cover Page “HEWLETT-PACKARD COMPANY”
2. Executive Summary
3.Strategic Planning methodology/process
a. What is the approach that you are going to utilize?
b. Describe the strategy and how you will implement it.
c. In other words, how are you going to conduct a strategic planning effort in HEWLETT-PACKARD?

4.Internal Analysis and External Environment Assessment

Answer the following questions:

a. What are the industry’s dominant economic features?
b. What kinds of competitive forces are industry members facing, and how strong is each force?
c. What forces are driving changes in the industry, and what impact will these changes have on competitive intensity and industry profitability?
d. What market positions do industry rivals occupy – who is strongly positioned and who is not?
e. What strategic moves are rivals likely to make next?
f. What are the key factors for future competitive success?
g. Does the outlook for the industry present the organization with sufficiently attractive prospects for profitability?

5.Resources and Competitive Position
a. How well is the present strategy working?
b. What are the organization’s resource strengths and weaknesses, and its external opportunities and threats?
c. Are the organization’s prices and costs competitive?
d. Is the organization competitively stronger or weaker than key rivals?
e. What strategic issues and problems merit front-burner administrative attention?

6.Strategy Formulation

a. Low-cost Provider
b. Broad differentiation
c. Best-cost Provider
d. Focused (market niche)based on low costs
e. Focused (market niche)based on differentiation

You should choose one of these strategies for your strategic plan.

a. Identify any additional, supplemental strategies that you will utilize.
7.Implementation and Evaluation

8.References

9.Appendices(if any)

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