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HPQ » Topics » Organizational improvements

This excerpt taken from the HPQ 8-K filed Jul 19, 2005.

Organizational improvements

 

To simplify the company and bring its sales force closer to customers, HP will dissolve the Customer Solutions Group (CSG) – a standalone business group responsible for sales to enterprise, small and medium-size businesses and public-sector customers. It will merge the sales function and related accountability directly into three individual business units – Technology Solutions Group (TSG), Imaging and Printing Group (IPG) and Personal Systems Group (PSG). This will give each business unit greater financial and operational control of its business.

 

These actions build on HP’s recent actions to streamline its organization, including splitting a number of functions that had previously been combined. Last month, the company separated the role of chief marketing officer from the sales function and separated IPG from PSG. Last week, it separated the Global Operations function from the IT organization.

 

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