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HP MANAGEMENT STYLE
Transcript of HP MANAGEMENT STYLE
The 5 principles of the HP WAY are:
We have trust and respect for individuals.
We focus on a high level of achievement and contribution.
We conduct our business with uncompromising integrity.
We achieve our common objectives through teamwork.
We encourage flexibility and innovation How The Company Is Managed Another big part of the HP WAY is the management style known as “manage by walking around”. Hewlett and Packard encouraged their executives to get out of the executives suite and spend time with the line workers. They believed that direct communication with the line workers would help them understand their importance to the company. Make them feel.managing by walking around was a way to get everyone on the same page.This style differed from traditional top- down structured management approaches. How Company Is Managed HP as company always rejected firing it's employees.Instead, the company offered its employees almost perfect job security.
HP workers received benefits, that included medical insurance to cover health problems.This was unheard of in the business world
A lot of former HP employes have to do gone on to do great things in other companies, e.g. Steve Wozniak, who worked at HP later co-founded Apple. Many companies from Sillicon Valley have Imitated the HP way The Levels Of Management HP Executive Team
Meg Whitman is CEO and President
Raymond J. Lanethe Executive Chairman of the Board at Hewlett-Packard (HP
Todd Bradley-Executive Vice President, Printing and Personal Systems Group
George Kadifa-Executive Vice President, HP Software
Dave Donatelli-Executive Vice President and General Manager, Enterprise Group
Bill Veghte-Executive Vice President and Chief Operating Officer How Management Changed Over Years In HP’S History there has been 8 changes in the CEO’S of the company Since William R. Hewlett and David Packard co founded the company
Over the years the management style of HP has definitely changed. It started off as A management style that was all about integrity, respect for individuals, teamwork, innovation, and contribution to customers and the community. Bill Hewlett and Dave Packard's famous management style The HP Way. How Management Has Changed 1999 2012 2006 Carly Fioina was the first HP chairman and CEO that was hired from outside the company therefore she did not grow up in the history of HP. She is known for starting the collapase of the HP Way. Mark Hurd became the CEO and president of HP in 2005 Hurd is known for his no-frills management style have.Hurd has a reputation for aggressive cost-cutting.He laid off 15,200 workers — 10% of the workforce — shortly after becoming CEO.His goal was to to improve the company's profitability. Matching Theory Abraham Maslow’s Theory of Human Needs is the theory that best matches the management style at HP.Abraham Maslow believed managers who help people satisfy their important needs at work will achieve productivity. Manager should focus on satisfying employee needs because it will motivate them to do well. At HP Employees are treated like individuals and family members By having executives talk to the line workers this can help the employee fill its Esteem Need and Social Needs.