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If HP's policies were progressive, there was nothing coddling about either man. Packard was a fearsome paragon of corporate integrity. He was famous for
If HP's policies were progressive, there was nothing coddling about either man. Packard was a fearsome paragon of corporate integrity. He was famous for flying to distant branches to make a show of firing managers who skirted ethical lines. Neither man would hesitate to kill a business if it wasn't hitting its profit goals. The result: HP grew nearly 20 percent a year for 50 years without a loss. Today, the behavior of the two founders remains a benchmark for business leadership. Hewlett, who died in 2001, and Packard, who died in 1996, expected employees to donate their time to civic causes. And they gave more than 95 percent of their fortunes to charity. "My father and Mr. Packard felt they'd made this money almost as a fluke," says Hewlett's son Walter. "If anything, the employees deserved it more than they did." It's an insight that changed corporate America-and the lives of workers everywhere." Questions 1. Do you know a leader like Dave Packard and Bill Hewlett? Describe his/her/their policies and practices. 2. Do you know an organization like HP? Describe its culture..
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