The leading tech giant in printing industry, none other than the Hewlett Packard Co., known for their high quality and expensive printer equipments and printer accessories will need about four years before they could possibly see a difference on the company's status. Meg Whitman said that the aforementioned number of years will be required for her to know if she has fixed the overall problem of HP Co.
Several months ago, when Meg Whitman was appointed as the new CEO of Hewlett Packard to bring back everything that the company had lost. Whitman was expected to tune up the current negative status of the company, after a series of CEOs failed to do the said task, and that's to troubleshoot what is needed to be fixed, and pull HP back to what it was before, as the leading tech giant in the printing industry.
Her brilliant plans for the company includes, improving HP's internal IT system, narrowing the varieties of products it sells, and bring back the organizations stability. According to her, she's proud to affirm that she has managed to bring back some of the organizations stability at least. By the year of 2016, HP will turn the tide and Whitman will take HP to the industry's leading margin.
By now, the Hewlett Packard Co. has laid off about 29,000 workers, due to the company's $8.9 billion loss in the third quarter that ended last July 31. One of the factors that affects the company's bad performance was its own internal IT system, that's why this factor was included on her plans to improve HP's internal operations. Reducing the number of their products may probably affect their printer supplies including hp laser toner cartridges and hp inkjet cartridges, if and when the company will stop the production of printer equipments, just like the other printer manufacturing companies.
This year, HP Co. signed a contract with the Salesforce to sort things out, regarding their sales management system or CRM system improvement. Next year will be a rough ride for HP, and it's also expected that by next year HP will cut by half the number of their products.
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