Word: packards
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Although small, start-up companies now dominate personal computer software, hardware companies like IBM and Hewlett-Packard are moving into the field. IBM has already announced it will sell programs to match its new personal computer. Even IBM, though, commissioned several of the new personal software companies to adapt their product to its machines...
...family firm nor a subsidiary of a major corporation. The company is rather using the gilded reputation of past successes to raise large new pools of money for fresh investments. Started in 1972 by Eugene Kleiner, one of the founders of Fairchild Semiconductor, and Tom Perkins, a former Hewlett-Packard executive, the company has seen its initial investment fund grow from $8 million in 1972 to almost $300 million today...
...California's booming Silicon Valley, the center of the computer and genetic-engineering industries, companies actively raid each other's employment rolls. Says Art Young, corporate benefits manager of Hewlett Packard, the electronics firm: "Everyone's concerned about losing people." Hewlett Packard's answer is a program that puts 10% or so of its pretax profits into a long-term profit-sharing plan that pays out fully to workers only after they are on the job for 13 years...
...ACSR also voted to urge the Corporation to send a letter to the Hewlett-Packard Company's board of directors, explaining the Corporation's February abstention on a proposal that would have suspended the company's "non-humanitarian" sales of computers to the South African government...
...Theory Z companies in the U.S. already use at least some of the management practices that are so commonplace among Japanese firms. Ouchi notes that Intel Corp., a technological leader in the microelectronic field, has fostered a collective work eth ic by dividing employees into project teams. At Hewlett-Packard, worker turn over has been kept to a minimum during economic slumps by reducing the work hours for all employees and by cutting back on perquisites. In many of its plants, consumer products giant Procter & Gamble uses semiautonomous work groups that allow employees to govern their own jobs and achieve...