[Info-vax] OT: HP Poised to merge PC and printer divisions

[JF Mezei]

Paul Sture wrote:
> "H.P. Is Said to Be Poised to Merge Business Units


from the horse's mouth:

http://www8.hp.com/us/en/hp-news/press-release.html?id=1212480

(full text below my comments)


Looks like Whitman is taking charge. Good to see leardership. Not sure
if merging PC and printer really makes a big difference though. Note
that Donatelli is now in charge of the enterprise stuff.

========

HP Announces Organizational Realignment
Topics:Financial

PALO ALTO, Calif. -- HP today announced an organizational realignment to
improve performance and drive profitable growth across the entire HP
portfolio.

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

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

“VJ embodies the spirit of HP and his impact on the company has been
tremendous,” said Meg Whitman, president and chief executive officer,
HP. “Under his leadership, IPG accelerated innovation and pioneered
solutions that transformed the printing market. We wish him the very
best as he embarks on a new chapter in his life.”

Combining these two entities will rationalize HP’s go-to-market
strategy, branding, supply chain and customer support worldwide. This
will lead to a better customer experience and drive innovation across
personal computing and printing. This realignment is expected to provide
opportunities for cost savings and accelerate HP’s ability to pursue
profitable growth and reinvest in the business.

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

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

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

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

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

HP’s Communications employees worldwide also will be similarly unified
under Henry Gomez, executive vice president and chief communications
officer, HP. Together these two moves will create a more powerful voice
to demonstrate the power of “One HP.”

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

“Ensuring we have the right organizational structure in place is a
critical first step in driving improved execution, and increasing
effectiveness and efficiency,” added Whitman. “The result will be a
faster, more streamlined, performance-driven HP that is customer focused
and poised to capitalize on rapidly shifting industry trends.”