HP

HP was founded by Stanford University classmates Bill Hewlett and Dave Packard in 1939. An electronic test instrument used by sound engineers – an audio oscillator was their first product which they built in a Palo Alto garage. One of their first customers was Walt Disney Studios, which purchased eight oscillators to develop and test an innovative sound system for the movie Fantasia. The company’s conduct has been guided by the HP Corporate Objectives. The Corporate Objectives focus on: 1.Customer loyalty- To provide products, services and solutions of the highest quality and deliver more value for customers that earns their respect and loyalty. 2.Profit- To achieve sufficient profit to finance company growth, create value for shareholders and provide the resources needed to achieve other corporate objectives. 3.Market leadership- To grow by continually providing useful and significant products, services and solutions to markets they already serve—and to expand into new areas that build on HP’s technologies, competencies and customer interests. 4.Growth- To view change in the market as an opportunity to grow; to use profits and ability to develop and produce innovative products, services and solutions that satisfy HP’s emerging customer needs. 5.Employee commitment- To help HP employees share in the company's success that they make possible. 5.Leadership capability- To develop leaders at every level who are accountable for achieving business results and exemplifying our values. 6.Global citizenship- Good citizenship is good business. HP lives up to its responsibility to society by being an economic, intellectual and social asset to each country and community in which we do business.