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Mission, Vision and Values
a. Identify the organization for which you would like to complete or are considering completing a strategic plan. You may focus this study on a specific department, group, division, or function, within the organization.
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b. Provide a brief background of this organization, including its products/services and customers.
c. Look for the organization’s mission and vision statements. Modify or improve them to achieve as much clarity as possible.
d. How do the mission, vision, and values aid the organization in reaching its desired end state?
e. What components of the strategic management process need to be analyzed in light of the new strategy?
f. What effect will the outcomes of the new strategy have on the leadership and culture of the organization? How will the outcomes affect stakeholders?
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Solution Preview
a. Identify the organization for which you would like to complete or are considering completing a strategic plan. You may focus this study on a specific department, group, division, or function, within the organization.
We will formulate a strategic plan for Hewlett-Packard Company (HP) which is the oldest Silicon Valley start-up and largest computer manufacturer in the world. We can especially focus on printing peripherals and pc divisions. HP’s generic corporate strategy is to offer products, services and solutions that are high tech and low cost and deliver the best customer experience. First of all the company’s existing mission, objectives and basic approach to the competition in its primary industries should be identified. Then the general conditions must be assessed, internal & external situations should be analyzed and alternative strategies according to the outcomes of analyses should be formulated. Finally, implementation plans must be developed in order to show the possible outcomes.
b. Provide a brief background of this organization, including its products/services and customers.
Hewlett-Packard (HP), the world’s largest computer and electronics company, ranking 11th in the Fortune 500 list has a powerful team of 142,000 employees doing business in more then 170 countries in five continents that are under-developed or developing. The firm’s corporate headquarters is in Palo Alto, California. HP is also known as the first Silicon Valley start-up and is famous for developing the first hand-held scientific calculator. …
