Desktops and Notebooks: HP Revamp: 10 Smart Moves to Fix the Company
If you haven't been following Hewlett-Packard over the last few days, you should know that the company has made the somewhat-surprising move of combining its PC and printer businesses to save money and, for its own sake, start to turn around an aging and ailing hardware business. HP CEO Meg Whitman seems reassured that the move is a good one, but her company's shareholders don't seem so convinced, tossing in their stakes for something else. Unfortunately for HP, there is no such thing as a simple fix. The company is huge and has a boatload of moving parts. To find a single place where it might be able to succeed is becoming increasingly difficult in a world that has turned into such a hostile environment for any firm not named Apple. Still, there are several ways HP might be able to turn things around, such as working more with enterprise customers and working to create a viable tablet. It might not be easy, and chances are that the company will face several issues upon implementing the following ideas, but when it's all said and done, they might just be best.
Double Down on Tablets
If anything is true, it's that tablets are the most important and fastest-growing product category in the technology space nowadays. The only issue is that HP has all but extricated itself from the tablet market. And while that might have been a good idea with the TouchPad, over the long term, it might not have been. It's time for HP to re-enter the tablet market.