Hewlett-Packard

Culture in Changing Times
Authors: Beer, Michael; Khurana, Rakesh; Weber, James
Source: Harvard Business School
Year: 2005
Company Name: Hewlett-Packard
Number of pages: 20

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Abstract:

HP had been a highly successful and respected company for decades. It was well known for its company culture and management practices--the HP way--which emphasized both profits and people. Changing markets, strong competitors, and the growth of its computer business, however, battered the company in the mid-1990s. To turn things around, HP hired Carly Fiorina, the first outsider to lead the company. Describes Fiorina's strategy and the impact of decisions she made with respect to the acquisition of Compaq and HR policies on HP's venerable culture and performance.