After 11 months of leading HP as CEO, Leo Apotheker has finally been sacked, and replaced with none other than former eBay CEO Meg Whitman. The new CEO Meg Whitman faces a mountain of problems as she takes the reins of the world's biggest-selling tech company. As HP is on the brink of disaster due to Apotheker’s bad strategic decisions, the onus is now on Whitman to revive the company’s ailing business.
Here are few areas she must look upon to save HP:
Revive the TouchPad
The first thing Whitman should do is to give second lease of life to HP TouchPad tablet. HP’s tablet, which was reporting poor sales at its original price, disappeared from the inventory when it was offered for $99. And now, there is a huge installed base that Whitman can build upon. Getting rid of the TouchPad was a mistake Whitman must fix.
Consumer is of prime importance
As soon as Apotheker joined HP, it was apparent that the consumer has taken a back seat at the company. The tech major completely focused its efforts on enterprise sector. Consumers are hugely important, and they’re a key element in HP’s business. Whitman must keep this in mind should not blindly follow Apotheker’s footsteps.
Fix the PC business
Apotheker has announced to HP’s board that it spin off the PC business. But that’s a mistake considering HP is the leading PC maker today. PCs are the company’s core business and the unit should not be spun off. Now, the liability is on Whitman to execute a strategy to fix the PC business.
Bidding adieu to futile acquisitions
Ranging from Palm to Autonomy, HP has been involved in series of bad acquisitions. Amidst this poor acquisition, the company has failed to invest in fruitful projects. Now that Whitman has taken the charge, she should realign the company’s investments and stop all the bad acquisitions.
HP’s push into the Cloud
Apotheker’s push towards cloud was the only thing that was completely favoured by the investors. The corporate world including HP’s rivals is investing heavily in the cloud. HP must tap the potential of this lucrative space and should adopt aggressive approach towards cloud under new leadership.
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