Michael Dell pens new memo with plan to all company employees

Michael Dell pens new memo with plan to all company employees

Summary: Topics addressed by the CEO include expanding business across developing markets, further investment in tablets, and hiring additional sales personnel.

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Following up the company's lengthy proxy statement with the U.S. Securities and Exchange Commission, CEO Michael Dell has penned a new memo to all Dell employees.

To recall, the Round Rock, Texas-based corporation filed a 274-page Form PREM14A with the SEC, explaining to shareholders about some of the rationales for going private and what Dell could look like after all is said and done.

In that filing, Dell executives outline both a grim forecast about the future of the PC industry as well as a glance at the future of the company's founder and current CEO.

Michael Dell's legacy and future with his own business has been called into serious question in the last few weeks.

Amid reports of a potential buyout by private equity investment firm Blackstone, it was even rumored that Dell would be replaced (either forcibly or due to his own resignation) by Oracle president and former HP chief Mark Hurd.

Thus, it looks like Dell is trying to take back some control over the situation (at least from a PR standpoint) and address his employees directly.

Compared to the proxy statement (and most other news about the Dell buyout these days), the CEO offers more concrete possibilities and solutions -- at least in terms of products and regions where the company plans to grow.

Here's a snippet from that memo, published by Fortune:

Extend end-to-end information technology solutions capabilities . We anticipate making significant investments in research and development, capital expenditures and personnel additions. This includes hiring additional R&D, services and sales personnel in order to extend the depth and breadth of our capabilities and to increase the number of customers to whom such services and solutions are provided. Dell's strategy of becoming an integrated provider of end-to-end IT solutions is expected to require additional investments in converged infrastructure solutions, software, cloud solutions, application development and modernization, consulting and managed security services. In addition, it is likely that we will need to make additional acquisitions to complete our transformation.

Other topics that the CEO addressed include expanding business across developing markets (notably Brazil, Russia, India and China), further investment in tablets, and hiring additional sales personnel.

Topics: Tech Industry, Banking, Dell, Hardware, PCs

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2 comments
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  • Just a CEO...

    Doing what CEO's do.
    NoAxToGrind
  • We're Closing Down

    and returning all the money to shareholders.

    It's what Mikey Boi should do. Years of making garbage finally catching up to you, huh?
    itguy10