In May 2002 Hewlett-Packard and Compaq merged with the goal of creating a new company stronger than the two companies individually. The change management process involved a number of critical factors:
1) Direct senior management involvement: Senior management in both companies gave a strong and unwavering commitment to plan and drive the merger through quickly and a senior executive from each company was charged with the responsibility of focusing on merger integration;
2) Establishment of a Cle...
BPIR Categories2.4.6 Manage mergers and acquisitions
14.3.6 Provide ideas management & innovation processes
15.1.1 Strategy success measures & performance indexes