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Hp Case Study

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Jocelin Butler
Kristinia Coombs
Shelby Harman
Devony Jones
Lesley Kuffour
Cara Turley
Billy Lott
Franklin Wilson

MGMT 2209 - 02

Jocelin Butler
Kristinia Coombs
Shelby Harman
Devony Jones
Lesley Kuffour
Cara Turley
Billy Lott
Franklin Wilson

MGMT 2209 - 02

4/22/2014
4/22/2014
HP Cancels the Board and the Beautiful HP Cancels the Board and the Beautiful

No one will make it through life without facing struggles and challenges. These occurrences are what shape us and determine are character, morals, world views, etc. How we overcome and rebound from these challenges is vital; it almost indefinitely leads to our future success or failure. This holds true not just for individuals, but for companies and businesses as well. The company Hewlett-Packard recently came face to face with a series of such challenges and took drastic measures to overcome them, eventually resulting in the replacement of four members on its board of directors.
The board of directors is a vital role in any company and such an overhaul is rarely seen. Such people can be difficult to replace and their leaving may unexpectedly damage inner workings of the company. It was the through the work of HP’s new chairman and CEO, Raymond Lane and Leo Apotheker respectfully, that the bold decision to initiate this massive change was made. This was certainly a risky move, but so far seems to have been well worth it.
What is it exactly that makes a board of directors so important and such a decision so substantial? How far into a company do they actually reach? Most think of a company’s board as something that sits on top and, while being in charge of important company decisions, they are often viewed as being disconnected from the inner workings of said company. This is not entirely true. A board of directors is actually very capable of assisting the company and one

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