STR581 Phoenix Hewlett Packard Strategic Implementation Plan Paper

User Generated

gjnxbea

Business Finance

STR581

University of Phoenix

Description

Strategic Plan: Implementation Plan, Strategic Controls, and Contingency Plan Analysis

Write a 1,400-word minimum strategic implementation plan in which you include the following:

  • Create an implementation plan including:
    • Objectives
    • Functional tactics
    • Action items
    • Milestones and deadlines
    • Tasks and task ownership
    • Resource allocation
  • Recommend any organizational change management strategies that may enhance successful implementation.
  • Develop key success factors, budget, and forecasted financials, including a break-even chart.
  • Create a risk management plan including contingency plans for the identified risks.

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Explanation & Answer

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Running head: HP STRATEGIC PLAN

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HP Strategic Plan
Name
Course
Tutor
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HP STRATEGIC PLAN

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HEWLETT-PACKARD: STRATEGIC IMPLEMENTATION PLAN 2017
Background
Hewlett-Packard Inc. occupies an enviable position as one of the most successful
companies, both in the world of technology and in the circles of commerce worldwide. The
success alluded to above is attributable to the vision held by its founding entrepreneurs and
management, and their keenness in attempting to translate that vision into the reality that is
manifested in its operations. Ideally, the company’s primary focus lies on consumer satisfaction
by maintaining dependability in its quality and continued lead with respect to innovation and
research. This consistency is maintained by manifest commitment to research and the pecuniary
investments made to the same to ensure that the company maintains a lead over its competition
with regards to technological advancement.
Hewlett-Packard Inc. generates a strategic plan annually to steer it in its anticipated
objectives and targets for the each financial year. Nevertheless, it appreciates the place of means
of actualization of plans in coming up with the same, and therefore includes an implementation
framework to each of the plans it comes up with. This segment therefore lends credibility to the
implementation plan generated in support of the strategy. The same provides a comprehensive
roadmap for the realization of the strategies the company seeks to implement and materialize for
the year beginning January 2017.
Objectives, action items, milestones and deadlines
The company portrays an intention to increase its sales to meet a projection of the highest
sales quotas ever attained its history. In order to achieve this feat, the company has put in place a

HP STRATEGIC PLAN

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comprehensive sales and promotion plan that encompasses the f...


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