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Three Core Elements of the HP Way |
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①
Defining and
Agreeing on the HP Values:
providing the framework for setting corporate objectives and
establishing standards for HP employees in dealing with their
co-workers and
customers.
②
Setting and Agreeing on the Objectives:
getting everyone to agree on corporate
objectives and to
understand what the company is
trying to achieve.
③
Employee
Empowerment:
turning everybody loose, so that people could move along in a
common
direction. |
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Competitive Advantage
HP leaders have an advantage
that enables them to learn and adjust faster and more effectively. HP
top managers regularly discuss and assess the vitality of the
HP Way, a process, that inevitably results in corrective actions to ensure
its continued viability. |
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HP Values
HP values are the centerpiece of the Hewlett-Packard
Way. "Hewlett-Packard's stated
values
are not uniquely different from most major companies. What makes the HP Way
unique, though, is the seriousness with which values are treated as a
management tool. They are not spread by sloganeering, but serve as criteria
for daily decision-making and advancement. Brought to life as well as
Hewlett-Packard does the HP Way,
values based management lifts everyone above trivial concerns to focus
on those that are truly important. |
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Integrating Critical
Opposites
HP
excelled in managing dualities and creating a delicate balance between
individual
creativity and
teamwork.
To create an organization that could sustain
its
competitive advantage
regardless of marketplace whims and what their competitors were building, HP
founders based their
corporate culture on the
integration and reinforcement of critical opposites. This became known as
the Hewlett-Packard Way. HP has created an environment that both celebrates individualism
and also wholly supportive of teamwork.
Although HP people are taught to engage in
cross-functional teams,
they are also rated on the performance of decentralized business units and
personal achievement.
HP corporate culture is based on respect for others, a sense of community,
and hard work. |
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Developing
Cross-functional Individuals
Hewlett-Packard
(HP) breaks the walls between functions, creating a carrier network that begins with the
recruitment of diverse people in terms of their skills and personality and
then promotes horizontally, as well as vertically throughout the company.
Typically, HP employees move through several functional areas in the
course of their carriers. This creates broad knowledge of the company,
expands
corporate IQ, and fosters
teamwork.
HP
employees don't follow a pre-defined path to a particular post.
When it
comes time to promotion, managers don't look who is next down the carrier
line, they look for the best people. |
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