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Compose a 1000 words assignment on analysis of hp inc. Needs to be plagiarism free!
Compose a 1000 words assignment on analysis of hp inc. Needs to be plagiarism free! Its future growth is expected to come from BRIC countries -Brazil, Russia, India, and China which are already contributing about 33% of company's revenue. Its total costs for the year 2007 is $95 billions considered too much, though it has been already engaged in cost cutting measures. (HP Annual Report 2007, p 6)
The company's future strategy should be directed towards reducing costs which is the hall mark of its annual report and it is observed that another key factor is eliminating avoidable litigations which might comprise of sizeable percentage of its costs. Unless these issues are addressed as a 'change management' strategy, results i.e cost cutting will be difficult to achieve. The tool at hand is Nadler-Tushman Model (1980) to diagnose the organizational behavior at HP Inc (Nadler &. Tushman, 1980) Change implementation is a complex process affecting the human and organizational behavior for which Nadler-Tushman Model will be useful as a road map. The model will show the fit of elements with one another in a system. The fit process is what is known as congruence by which the model is known. Nadler and Tushman (1980) have said that the model helps identifies areas to be focused to improve performance, in this case, cost cutting, for which change in the organizational behavior is a must.
