HP's imaging / printing group combines with PC group, Printing and Personal Systems Group emerges

Discussion in 'HP' started by MummyChunk, Mar 21, 2012.

  1. MummyChunk

    MummyChunk Guest

    From EN

    HP Announces Organizational Realignmen
    PALO ALTO, Calif., March 21, 201

    HP today announced an organizational realignment to improv
    performance and drive profitable growth across the entire H
    portfolio

    As part of this realignment, HP's Imaging and Printing Group (IPG) an
    its Personal Systems Group (PSG) are joining forces to create th
    Printing and Personal Systems Group. The combined entity will be le
    by Todd Bradley, who has served as the executive vice president of PS
    since 2005

    Vyomesh Joshi, executive vice president of IPG, is retiring after
    highly accomplished 31-year career at HP. Under Joshi's leadership
    IPG has grown revenue from $19 billion to $26 billion, and doubled it
    operating profit to approximately $4 billion

    "VJ embodies the spirit of HP and his impact on the company ha
    been tremendous," said Meg Whitman, president and chief executiv
    officer, HP. "Under his leadership, IPG accelerated innovatio
    and pioneered solutions that transformed the printing market. We wis
    him the very best as he embarks on a new chapter in his life.

    Combining these two entities will rationalize HP's go-to-marke
    strategy, branding, supply chain and customer support worldwide. Thi
    will lead to a better customer experience and drive innovation acros
    personal computing and printing. This realignment is expected t
    provide opportunities for cost savings and accelerate HP's ability t
    pursue profitable growth and reinvest in the business

    "This combination will bring together two businesses where HP ha
    established global leadership," said Whitman. "By providin
    the best in customer-focused innovation and operational efficiency, w
    believe we will create a winning scenario for customers, partners an
    shareholders.

    In addition to combining PSG and IPG, HP also is taking steps to unif
    and streamline certain key business functions

    The Global Accounts Sales organization will join the newly named H
    Enterprise Group. This group will be led by David Donatelli an
    includes Enterprise Servers, Storage, Networking and Technolog
    Services

    The new structure is expected to speed decision making, increas
    productivity and improve efficiency, while providing a simplifie
    customer experience. A new role for Jan Zadak, executive vic
    president for Global Sales, will be announced at a later date. Zada
    will work with Donatelli to ensure an orderly transition

    HP also announced that it will unify its Marketing functions acros
    business units under Marty Homlish, executive vice president and chie
    marketing officer, HP. This will allow for even more effectiv
    brand-building and marketing activities, and will create efficiencie
    across the business units

    HP's Communications employees worldwide also will be similarly unifie
    under Henry Gomez, executive vice president and chief communication
    officer, HP. Together these two moves will create a more powerfu
    voice to demonstrate the power of "One HP.

    Finally, HP is moving the Global Real Estate function from Financ
    into Global Technology and Business Processes to address real estat
    consolidation and improve the workplace experience for HP employees

    "Ensuring we have the right organizational structure in place i
    a critical first step in driving improved execution, and increasin
    effectiveness and efficiency," added Whitman. "The resul
    will be a faster, more streamlined, performance-driven HP that i
    customer focused and poised to capitalize on rapidly shifting industr
    trends.
     
    MummyChunk, Mar 21, 2012
    #1
    1. Advertisements

Ask a Question

Want to reply to this thread or ask your own question?

You'll need to choose a username for the site, which only take a couple of moments (here). After that, you can post your question and our members will help you out.