The merger between Office Depot and OfficeMax is near at hand, a closure expected by the end of the year. Can the new Board of Directors reproduce the success enjoyed by the two leading office solutions companies, and yield the accelerated innovation results the combined company plans?
The digital platform owned by the combined company will be more complete. The two platforms were already "strong", the President and CEO of OfficeMax said.
Workers at the Office Depot store on Convoy Street and Balboa Avenue stand ready to work out lowered price guarantees during Presidents Day sales week. The 12 dollar savings on a 500 sheet pack of Office Depot brand 20 lb Xerographic copy paper is not the only kind of deal an average customer can count on taking this week. Prices on mobile data storage and media are cut.
SanDisk Cruze flash drives are less expansive stock. A one terabyte Seagate backup portable drive can solve an work storage need at a marked down price.
And, look for a deal on Folgers coffee for the break room.
The all stock merger of equals gave shareholders the freedom to invest in the stock of both companies while the directors plan the new enterprise.
Who will join the office solutions team? Team members drawn from the industries "most talented" people will use the increased scale to distribute to more customers who ask for solutions and take advantage of "significant" synergy opportunities. Their job is to increase the opportunities to find and sell innovative products that solve customers' shortcomings in building a modern office workplace in North America, and the globe, both the old and the new shortcomings.
The rapidly changing office work field now filled with USB flash drives will not run away from the company team. Even small business owners can stay up to the minute on the latest products.
A new team has to compete with online retailers and warehouse clubs. To succeed, the combined company has to fulfill company goal to offer "solutions that enable customers to work more efficiently and productively."
Office Depot already was in the midst of carrying through its plan to expand its role as a small business motivator. Online connections make free learning deals available to small business owners. The Everythng is Marketing Event held at SmallBizClub.com this coming Success Saturday, an online chat and social media platform, will gives customers an opportunity to talk about "what they can do better to better position the business for success in 2013."
Workers are at the forefront of a new beginning of a "more competitive enterprise," Office Depot said. The products the company gives for the money it takes can change like a flash.
Customers can prepare to see the sales team change their practices to keep u with rapidly changing office needs in the Internet high speed growth period. Pilot programs designed to accelerate innovation are underway.
This is the first article in this three article American Enterprise Sequel on Thursdays.