Word: hewlett-packard
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...Hewlett-Packard's new look...
...current business bestseller In Search of Excellence hails Hewlett-Packard as one of the best-managed companies in America. In 45 years the firm has grown from a garage in Palo Alto, Calif., to a giant whose $4.7 billion in sales embraces a wide range of high-technology products, which include minicomputers and electronic test and measuring instruments. Hewlett-Packard now ranks 75th on the FORTUNE list of the largest U.S. industrial companies, and its pocket calculators have made HP household initials among scientists and engineers...
Despite such a string of successes, Hewlett-Packard has stumbled badly in personal computers. In 1976 one of its engineers, Stephen Wozniak, designed an early personal computer, but managers were scornful about its prospects. Wozniak thereupon left to help start Apple Computer. Finally, in 1980, Hewlett-Packard introduced its own personal computer, the HP 85, and followed it up with nine other models. But the products were aimed primarily at engineers, and since they were produced by five separate HP divisions, they ran different software, used three different keyboards, and were marketed in an uncoordinated manner. Result: they sold poorly...
...authors did not rank their 100 best companies, but they did choose a Top Ten. In alphabetical order, they are Bell Laboratories, Trammell Crow, Delta Air Lines, Goldman Sachs, Hallmark Cards, Hewlett-Packard, IBM, Northwestern Mutual Life, Pitney Bowes and Time...
...sharing plan, and last year gave many employees a year-end bonus of 25% of their salaries. IBM offers such benefits as free physical examinations for those over 35, dental insurance, adoption assistance (up to $1,000) and two country clubs that employees can join for $5 a year. Hewlett-Packard provides free coffee and doughnuts twice a day and sometimes throws informal beer busts in the afternoon during working hours. At Trammell Crow, the real estate developer, partners own a stake in the properties they manage. As a result, some 5% of the company's employees are worth...