Revitalizing_Sun_Microsystems_–_1st_Project_Charter[1]

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Apr 3, 2024

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Revitalizing Sun Microsystems – 1 st Project Charter Note: Delete and/or type over the italicized help text in this document. Version History Version Date (MM/DD/YYYY) Comments 1 02/24/2024 First Project Charter Section 1 – General Information Primary Department / Business Unit Sun Microsystems Other Department(s) / Business Unit(s) Target Completion Date March 30, 2024 Section 2 – Stakeholders List as to be determined (TBD) until known. Role Name Department Project Sponsor Scott McNealy Executive Leadership Project Manager Luciana Sanchez Project Management Business Process Owner Gavin Huang Operations / Business Processes Technical Lead Mansi Ketanbhai Patel Engineering / IT Subject Matter Expert(s) Wenting Li Various Departments Customer(s) Client Services 3/25/2024 Version 1 Page 1 of 5
Section 2 – Stakeholders List as to be determined (TBD) until known. Role Name Department Stakeholder(s) Various Departments / Investors Section 3 – Project / Service Description Project Description and Product Characteristics To address Sun Microsystems' strategic dilemma, the project will concentrate on the company's declining market share and profitability due to several issues, including internal organizational challenges, competitive pressure from alternative technologies like Linux, and economic downturns. Redesigned product offerings, including Linux-based solutions, and strategic partnerships with businesses such as Advanced Micro Devices (AMD) to boost competitiveness in the server market are some of the qualities that will result in the final product. Project Purpose / Justification This project aims to revitalize Sun Microsystems by realigning its product portfolio, addressing competitive threats, and improving its market positioning. The justification for completing this project lies in the urgent need to reverse declining profitability, regain lost market share, and establish a sustainable growth trajectory for the company. 3/25/2024 Version 1 Page 2 of 5
Section 3 – Project / Service Description Project Objectives and Related Success Criteria o Stabilize Revenue and Earninings: o Objective: Achieve consistent revenue and earnings performance, signaling a stabilized financial outlook for Sun Microsystems. o Success Criteria: Maintain positive cash flow from operations. Achieve quarterly revenue targets. Demonstrate improved profitability metrics. o Enhance Product Portfolio o Objective: Develop and introduce new product offerings that align with market demand and competitive trends. o Success Criteria: Successfully launch updated server solutions, potentially incorporating Linux-based operating systems. Demonstrate market acceptance through increased sales and customer satisfaction. o Forge Strategic Alliances o Objective: Establish partnerships with key industry players such as Advanced Micro Devices (AMD) to strengthen Sun Microsystems' position in the server market. o Success Criteria: Formalize collaborative agreements with AMD to develop and integrate advanced processor technologies into Sun's server products, leading to enhanced performance and competitive advantage. o Improve Organizational Efficiency 3/25/2024 Version 1 Page 3 of 5
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Section 3 – Project / Service Description What this Project will Include o Thorough examination of consumer needs, market developments, and the competitive environment. o Development of updated product offerings, potentially incorporating Linux- based solutions. o Establishment of strategic alliances with key industry partners, particularly Advanced Micro Devices (AMD). o Implementation of organizational restructuring initiatives to enhance operational efficiency and agility. What this Project will Not Include o Overhaul of unrelated business units or ventures not directly related to addressing Sun Microsystems' strategic crisis. o Implementation of short-term, superficial measures that do not address the underlying issues contributing to the company's decline. o Pursuit of strategies or initiatives that deviate significantly from the core objectives of stabilizing revenue, enhancing competitiveness, and improving organizational efficiency. 3/25/2024 Version 1 Page 4 of 5
Section 4 – Project Charter Approval My signature below indicates an understanding of the purpose and content of this document. By signing this document, I have reviewed the information contained in it and agree to it as the formal Project Charter. Name Role Signature Date (MM/DD/YYYY) Luciana Daniela Sánchez Siles Project Manager LS 02/23/2024 Wenting Li Subject Matter Expert(s) Wenting Li 02/23/2024 Mansi Patel. Engineering / IT MP 02\23\2024 Section 5 – List of Addenda List all supplemental files to this Project Charter. If possible, hyperlink to the documents. Document Name File Name 3/25/2024 Version 1 Page 5 of 5