The 30s
Bill Hewlett and Dave Packard finished their studies as electrical engineersin the Stanford University in 1934. They became close friend and in 1939 they decided to start a business "and make a run for it" themselves. Hewlett-Packard Company is founded January 1939.Bill and Dave begin part-time work in a garage with $538 in working capital.
Bill's study of negative feedback results in HP's first product the resistance-capacitance audio oscillator (HP 200A), an electronic instrument used to test sound equipment.
The 40s
HP´s products won excellent acceptance among engineers and scientists.
Bill Hewlett and Dave Packard create a management style that forms the basis of HP's famously open corporate culture and influences. They run the company according to the principle later called management by objective. It was based on communicating overall objectives clearly and giving employees the flexibility to work toward those goals in ways that they determine are......
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