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The HP Way: How Bill Hewlett and I Built Our Company (Collins Business Essentials) Paperback – January 3, 2006
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From Library Journal
Copyright 1995 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.
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Top Customer Reviews
HEWLETT AND I BUILT OUR COMPANY by David Packard
I found it fascinating to learn how these two college friends decided
to start their own company in 1939 out of a one-car garage in Palo
Alto, California (that has now become a historic landmark: the
birthplace of Silicon Valley) . . . from those humble beginnings,
Hewlett-Packard has grown to become one of the world's most
admired technology corporations.
What made this book stand out for me was the fact that in
learning about the HP history, you also found out what
Hewlett and Packard both did to make their company one where
employees would actually enjoy working at . . . they did
this by holding such beliefs as the following:
* A guiding principle at HP: Get the best people, stress
teamwork and get employees fired up to work there.
* Personal communication was often necessary to back up
* Much of the success was from management by walking
* Individuals need to be treated with consideration and respect.
* People need the challenge to be their best, to realize their
potential and to be recognized for their achievements.
* Personnel's job is to support management, not to supplant it.
* The betterment of our society is not a job to be limited to a
few; it is a responsibility to be shared by all.
After reading THE HP WAY, my only regret is that more organizations
don't get founded by such progressive thinkers as Bill Hewlett and
David Packard . . . though both dead, their legacies live in the
continuing success of the Hewlett-Packard Company.
The book was simply written, but it is this style that allowed me to understand the friendship between David Packard and Bill Hewlett and the corporate culture that they developed at HP. I would recommend this book to anyone that is a manager or executive to benchmark the corporate culture that HP established or applaud yourself if you have already embraced the HP Way. I trully believe, as David Packard and Bill Hewlett did, that you need a strong belief in people to make a company succeed.
While they were technically brilliant men, they were also geniuses in gathering and grooming talent. However, their ability to inspire amazing loyalty in their employees is something that seems all but lost in our modern age of disposable firms and transient employment. They pioneered open plan offices (few walls and no doors), management by walking around, and much more. They had profit sharing from the very beginning. Not only did they have annual company picnics, they also bought a camp for use by employees. I know there are many reasons for the transition to where we are now, but I still have to ask if we really are better off today than we were then. Well, are we?
The stories about the development of various products are all interesting, but the stories are all in the service of illustrating the principles he is trying to get across. His emphasis on conservative financing is well aware of the use many companies make of leverage. The rejection of Wall Street's focus on the present quarter is heartfelt, and primacy of sound business principles and corporate culture resonate strongly in our time and its emphasis on simply winning in any way possible. The pictures also add to the story.Read more ›
Most Recent Customer Reviews
A wonderful management book, an intriguing encounter with the two founders of one of most successful enterprise in the world today.Published 2 months ago
someone recommended this book and said it would be a life changer...it was more of a mild reading about the origins of a major company that has now split into 2.Published 2 months ago by Taz A
Excellent book for anyone curious about Bay Area history, and anyone involved in starting, growing, and/or running a business.Published 5 months ago by Lisa Blackburn
I had heard great things about this book, but I was somewhat disappointed by it. I had expected Packard to reflect on the qualities that really made HP great, and to some extent he... Read morePublished 12 months ago by Joo
Excellent book by Mr. Packard on what HP was founded one! A must read for anyone in corporate America.Published 13 months ago by e-unit