Is the HP Way still relevant today?
theengineeringmanager.com
theengineeringmanager.com
Boards often ignore this wisdom and install people based on their previous job elsewhere, long term inside knowledge in a different role or whatever. When the leader of the company is not standing behind the values and defending them the company starts drifting. People become cynical about what unites them and that uniting includes management up to the CEO - or now divides them. In these cases official company values imho. can even become liability as everyone is constantly reminded of double-speak from the top.
Reading "The HP Way" is a reminder on how much business is about people and the society - often forgotten these days.
Even when I started, The HP Way was known and alive at least in some pockets of the company. It was what inspired many to give our best despite the changing environment.
After Carly, things only got worse with Mark Hurd. Cutting costs was the one and only trick he knew.
Now the company remains a tiny piece of its former self, having been split and sold to others in pieces.
Any company that looks up to and wants to emulate The HP Way would be good to be employed in.
But even then things were changing. By the time I left I had five managers to whom I directly reported. One of those managers was fired, as far as I could tell, because he didn't agree with the other four; sadly they were the one that made the most sense to me. Certainly that wasn't the HP way. There was suspicion among almost everyone about Carly Fiorina, not so much because she was a women, but because she didn't rise from the HP ranks and likely would be unfamiliar with the "HP way". Even at that late date, the "HP way" was something people talked about even if it was fading away.
Packard's response: “We're going to tell everyone and offer them a replacement. It would be better to never make a dime of profit than to have a product out there with a problem.”
They sold 300,000 in the 3 years that model was available.
“It would be better to never make a dime of profit than to have a product out there with a problem” is the reason they made a profit.
Can't fail to notice how successful a well-engineered company culture might be. The booklet gives pretty rational reasons for things like profit-sharing, stock sharing, company-sponsored medical insurance, management by objective and lack of micro-management, etc, all introduced by HP very early.
I can't imagine NOT doing so, but obviously ~40 years ago, that was uncommon enough to be noteworthy.
A small company starts and through unconventional business culture — treating employees better than average, and putting quality over short-term profit — grows exponentially. Then they bring in MBAs to turn things around.
In HP the second phase didn't occur until H & P retired, but SV today likes to move fast and wreck things.
I was once told by an HP employee, pre-collapse, that they did not use the term "bug" internally. They use the term "defect". One does not ship products with defects.
Are you implying that companies that don't work on "hard" problems can't be guided by meaningful values?
Also, quite a lot of the things we work on are actually quite tricky, from a computer science point of view...
I'm sorry if I got it all wrong, James.
Section 1 - Linting (sounds like engineering, interested, continue)...
Section 2 - Management (3 paragraphs ending with maligning the President's management style, not interested, tired of it, 41.7% chance of annoying your audience) https://projects.fivethirtyeight.com/trump-approval-ratings/
Section 3++ - Didn't read.
Out of curiousity, why would that category make you think it is an advertisement?
I currently bucket my posts into "management 101" informational articles and then everything else currently lands under "growth". I could probably do with making some more categories now there are a whole bunch of articles on the site.
Your blog post reminded me of a style of writing. Reciting something with the intent to make it look cool, then show how it applies to your company. The 'Growth' category made me wonder if you were doing that. But I see, it's a pleasant reflection.
Looking back, it seems like her decision to double-down on computing hardware (servers, desktops, laptops, printers, etc.) and Intel technology (at the expense of their own, like the tech from Apollo or DEC/Compaq's Alpha) immediately before the dot-com bust were the really disastrous decisions.
It's almost like she didn't know the dot-com bust was right around the corner! :-P
Carly was a terrible leader but she, in a sense, was selected for her known personality by a system that had already gone off the cliff. A number of books came out around that time about the HP board and its internal/external conflicts.
I had a job for a while watching the current HP for technological and business developments and it was like being a gawker at a side show.
That's putting it mildly. In terms of both jobs and shareholder value destroyed, she has a decent shot at the title of "Worst CEO Ever", of any company.
Just as devil's advocate, was she that much worse than the other Dear Leaders of her corporate generation? Mark Hurd, Meg Whitman, Ginni Rometty? Heck, even the older but monstrously odious Jack Welch can fit in this cauldron.
The idea of something like the HP Way is anathema to such people.
Elizabeth Holmes has set the bar to a new low, but Fiorina is right down there with Welch. So much destruction and for what? How many years have those people set the world back?