In this report, I will be introducing the client, Hewlett Packard (HP), and their background for better understanding of the company. Following this, I will be providing an analysing on a crowdsourcing platform chosen, Innoget, a business model for this platform and analysing the platform in which it benefits HP. Introduction Hewlett Packard (HP) is an American global information technology company founded in 1939 by Bill Hewlett and Dave Packard. The two friends believed in making products that would make a difference for the customers (http://www8.hp.com/us/en/hp-information/about-hp/history/founders.html). They started out from testing electronic equipment to being a world leading computer manufacturer. They focus on three key areas in their company to ensure their business thrives and these three areas are human welfare, economic standing and environmental issues. According to the website, they have several goals for various sectors. For human progress, they believe in “[a]dvancing overall health and well-being of people” and it states that workers have benefited from sponsored programs that improve capabilities and working conditions. They take care or their employees and customers to ensure the highest of satisfaction behind the scenes and for the customers. This instils loyalty between the employees and managers and customer satisfaction with can help their reputation. For economical progress, they believe in “[h]elping businesses and economies thrive” and for
They strive to provide nice workplaces for their employees to grow and work in a better environment. Supporting Our Communities is the second. They are doing Community Giving Program such as giving the scholarship to build academic achievement for young people. Third and Fourth responsibilities they are focusing are Operating Sustainably and Conducting Business Ethically. They are putting efforts to maintain transparent business and to save electricity 30% and reduce waste for the environment. Their buying & planning offices are located in New York, Los Angeles, and Boston. Their buying and planning teams always try to get the current trendy products and find what their customers love at the affordable
Answer. Successful projects are important to Hewlett Packard because from the successful project the organization makes revenue they get the capital to work on a new project. If the project is not successful company will suffer loss in terms of money, positive attitude around the organization. The HP puts too much Emphasis on project to be successful because project should be completed in the given time and money and should meet the expectations. If the project does not go well it will directly show up on the company future. Whereas the successful project will increase the reputation of the company and it will make the company’s future. If a project is successful then the organization can teach their employees to develop and
They believe in making consumers feel accountable to the actual success of the company, which can be done by connecting the compensation of the workers to the achievement of the company as a whole.
Their short term objectives would be increasing sales. The vision would centre around employee co-ownership with the happiness of partners as the ultimate purpose. The mission is the satisfaction of employees. Finally, the value would be to represent the best possible choice, as a result of providing the best quality, trust and customer service.
In the seven years (since 1994), that Lou Gerstner reigned over IBM, the company’s earnings per
HP entered into an agreement with Compaq Computer Corporation in September 2001. In this definitive agreement, HP is going to purchase all of Compaq’s common shares outstanding, and pay a total price of 0.6325 shares of its common stock for each share of Compaq’s common stock.
The company is a strong advocate of personal development and advancement of all employees. There are opportunities to gain qualifications as part of employee development.
One reason for their success is because of the commitment of the mission statement that is that the company is dedicated to the highest quality of customer service delivered with a sense of warmth, friendless, sense of individual pride and company spirit. Their low, discount air fares and bags fly, free the point to point services, and the strong fleet base which
Hewlett Packard also known as HP was founded by William Hewlett and Dave Packard in a small rented garage in Palo Alto, California which is now known as the original Silicon Valley. HP is one of the world’s largest Information Technology (IT) companies operating on a global level. HP specializes in computers, computer systems and software. Also, in the development and manufacture of hardware, software design, service delivery as well as data storage. Identified Strategies
business purpose. All-in-all their promise is to have the best quality in customer service with a
The group of individuals that started Hewlett-Packard also known as “HP” were David Packard and William Redington Hewlett or as “Bill Hewlett”. The two of them meet “in the fall of 1930 when [they] enrolled as a freshman at Stanford” (Packard 18). David Packard was born in Pueblo, Colorado in 1912 to his father a lawyer and his mother a high school teacher. When Packard was a kid, he liked to do experiments such as creating explosives and making his own personal radio. Additionally, Packard was involved in football, basketball, and track that began from his junior year until he graduated as he says, “I enjoyed athletics and learned some lessons that were helpful in managing Hewlett-Packard” (Packard 11). When Packard attended Stanford, he kept
They tightly focus on delivering quality in a competitive market. There mission is easy to understand and relate on the website as it clearly stated and outlined their four business units which are fluid power, electrical systems, automotive and truck. Their summary mission statement which says ‘We are committed in attracting, developing, keeping a diverse work force that reflects the nature of our goal’
In 1992, Hewlett Packard made the decision to produce 1.3 inch disk drives, leapfrogging over the 1.8 inch format to position themselves as market leaders for the smaller drive. Prior to this time, HP prided itself on its leadership position within this industry and its ability to innovate more quickly than its competitors. However, the Disk Memory Division (DMD) was lagging behind the company standard, comprising only 3.2% of total HP revenues in 1992. HP was trying to use the Kittyhawk project to propel the company into a higher profile position within the disk drive market.
Hewlett-Packard more commonly known as HP is a consumer electronics company. Since their humble beginnings they have had a focus on inventive thinking and creativity. Last year this company celebrated its 75th anniversary. 75 years is a major accomplishment for any company, but it is especially significant for a company in an industry as competitive and prone to change as the technology industry. HP has been inventing and manufacturing electronics for almost twice as long as several of the industries major players such as Apple and Microsoft. With a research and development budget rivaling that of much larger companies such as Apple, HP still places a lot of emphasis on the creation of new technology. Throughout this project we will be
Hewlett Packard began in 1939 in Palo Alto, California. The company was founded by Bill Hewlett and Dave Packard who were friends at the time and remained that until both of their passing. Hewlett Packard has been a leader in technology that encompasses globally, into space exploration, the entertainment industry, the medical industry, the hospitality industry, and many others. In the early 2000’s, the economic landscape was changing globally and Hewlett Packard was beginning to feel the financial hardships of a very competitive industry. In an effort to remain competitive, Hewlett Packard and Compaq decided upon a merger that did aid in transforming both companies, but only to a degree.