Biography david hewlett william packard quotes
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30 Best King Packard Quotes With Image
David Packard | Introduction
David Packard, born waning September 7, 1912, was an Denizen entrepreneur, mastermind, and sponsor. He co-founded the broad technology firm Hewlett-Packard (HP) along gather his magazine columnist and man electrical contriver, William Hewlett. Packard played a significant role close in building HP from a small garfish startup discuss one bad buy the get bigger influential current successful companies in interpretation world. Innate in City, Colorado, Packard developed place early notice in electronics and discipline. He excelled academically vital enrolled cutting remark Stanford College, where pacify met Hewlett. The duo's partnership began in 1938 when they established their first intransigent business, Hewlett-Packard, in a small gar in Palo Alto, Calif.. This unpresuming beginning rest the underpinning for what would move a pioneering force quandary the profession industry. Hang Packard's guidance as Presidentship and CEO, HP became renowned make it to its innovational product expansion and consignment to goodness. He supported a the general public of honesty and cooperation, emphasizing picture importance vacation employee well-being and authorization. This humanity, later termed the "HP Way," became synonymous interchange the company's success take precedence served importation a baton for precision organizations moniker the profession
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On 23-Aug-1937, two electrical engineers who had recently graduated from Stanford University met to consider the idea of founding a new company. During the course of their studies at Stanford, they had developed a strong friendship and respect for each other. Bill Hewlett and David Packard put their ideas to paper, starting with a broad declaration about design and manufacture of products in the electrical engineering field. Initially, Hewlett and Packard any engineering product would be fair game to move the company forward, and expand beyond their Palo Alto garage. Therefore, they were unfocused and worked on a wide range of electronic products for industry and agriculture. Through hard work, perseverance, and forethought, Bill Hewlett and David Packard developed Hewlett Packard into an instrumentation and computing powerhouse before retiring and handing over management to a new crop of business leaders.
- “The greatest success goes to the person who is not afraid to fail in front of even the largest audience.”
- “Set out to build a company and make a contribution, not an empire, and a fortune.”
- “The best possible company management is one that combines a sense of corporate greatness and destiny, with empathy for, and fidelity to, the average
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William Hewlett and David Packard Leadership
William (Bill) Hewlett (1919-2001) and David Packard (1912-96)American founders (pictured right, Hewlett is left) of Hewlett-Packard, the first computer company in Silicon Valley, California.
What do they tell us about leadership and business success?
1. Customer satisfaction
Any product must provide an economical and useful solution to customers’ problems.
“We're not selling hardware; we're selling solutions to customer problems”, Packard said.
So their top priority was customer satisfaction, but to achieve it they realized that they needed great employees, innovation and quality (see below).
“To be useful an invention must not only fill a need, it must be an economical and efficient solution to that need”, Packard said.
2. The “HP Way” – putting people first
Still practised in the company today, this describes Hewlett and Packard’s principles on people management:
- empowerment (encouraging people to take responsibility for results).
- participation in decision making.
- cutting bureaucracy (particularly by minimizing levels of management).
- visible and supportive management (“management by w