In the fall of 1930, David Packard left his hometown of Pueblo,
Colorado, to enroll at Stanford University. There, he befriended another
freshman, Bill Hewlett. After graduation from college, Hewlett and
Packard decided to throw their lots in together. They tossed a coin to
decide whose name should go first on the notice of incorporation, then
cast about in search of products to sell. Today, the one-car garage in
Palo Alto that housed their first workshop is a California historic
landmark: the birthplace of Silicon Valley. And Hewlett-Packard has
produced thousands of innovative products for millions of customers
throughout the world. Their little company employs 98,400 people and
boasts constantly increasing sales that reached $25 billion in 1994.
While there are many successful companies, there is only one
Hewlett-Packard. Because from the very beginning, Bill and Dave had a
way of doing things that was contrary to the prevailing management
strategies. In defining the objectives for their company, Packard and
Hewlett wanted more than profits, revenue growth, and a constant stream
of new, happy customers.