3. Founders of HP…..
Dave Packard and Bill Hewlett
formalize their Partnership on
January 1,1939.
4. Introduction…
Successfully started in the garage nearby Palo Alto in
1935
In 1940 HP moves out of the garage
The first product of company is precision audio
oscillator
Design the first computer in 1966
Carly Fiorina appointed as CEO of HP’s in 1999.
5. Vision….!!
Enhance the productivity of individuals and
company
People loyalty
Acting as a change agent
Improve quality of life
Provide world wide access to information and
infrastructure
6. strengths
Strong brand equity
Solid market position
Strong financial condition
According to Fortune 500 best companies
HP ranked as 9th place in the year 2009
7. Product & Services
Printers
Digital cameras
Scanners
Pocket computers
Digital calculators and computers etc.
8.
9.
10. The HP Way
The founders stated (in 1950)
“ The achievements of an organization are the result of
the combine efforts of each individual in the
organization working towards the common objective”
Profit
Customers
Field of interest
Growth
Citizenship
Management
11. Carleton Fiorina
Graduate from Stand-ford university.
When she became the CEO of HP in 1999, Carly fiorina became
the first woman to lead a so large company.
12. Changes under Fiorina
Fiorina traveled more 250,000 miles during her first year,
visiting HP facilities Worldwide and urging employees to setup
the pace.
She went to overhauling the company’s structure, consolidating
operating units.
13. continue
She also engineered a new marketing campaign
featuring a simplified “hp” logo that dropped the
founder names.
Overall, Fiorina work hard to modernize the HP’s
culture.
14. HP bought Compaq
In 2002, HP was the second largest computer
maker in world, while Compaq was no four.
HP bought Compaq was a poor decision.
Because:
Computer market was already saturated and
ravaged by price war.
Compaq was the company with low innovation to
generate new product.
15. Carly was perceived Fail
The company profit did not increase since the
merger.
A lot of people did not like her style of managing
people.
Stock price was down.
There was less innovation product to delivered.
She cannot delivered her promise to the company.
Negative effect on company performance
Lower employee morale
16. What should she do
Carly should adapt her leadership style, in order to start listen
other suggestion.
Carly should focus on most profit line of product which hp
created(printers) instead of buying Compaq(PC).