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the
corporateobjectives
for
hp/vision-strategy/newhpway/corporate_objectives.htmhewlett-packardjune
25,
2002customer
loyaltyprofitmarket
leadershipgrowththe
corporateobjectives
for
hpemployee
commitmentleadership
capabilitiesglobal
citizenshipTo
provide
products,
services
andsolutions
of
the
highest
quality
andthe
greatest
possible
value
to
ourcustomers,
thereby
gaining
andholding
their
respect
and
loyalty.Underlying
beliefs
supporting
thisobjective:–
Our
continued
success
isdependent
on
increasing
loyalty
ofour
customers.customer
loyalty–
We
must
listen
attentively
tocustomers
to
truly
understandtheir
needs,
then
take
theappropriate
action.–
Competitive
total
cost
ofownership,
quality
and
the
way
wedo
business
drives
customerloyalty.To
achieve
sufficient
profit
tofinance
our
company
growth,create
value
for
our
shareholders,and
provide
the
resources
weneed
to
achieve
our
othercorporate
objectives.Underlying
beliefs
supporting
thisobjective:–
Profit
is
the
responsibility
of
all.–
Balance
of
long-term
and
short-term
objectives
is
key
toprofitability.–
Profit
allows
us
to
re-invest
in
newand
emerging
businessopportunities.–
Profit
is
highly
correlated
togenerating
cash,
which
bringsmore
flexibility
to
the
business
ata
lower
cost.–
Profit
enables
the
achievement
ofour
corporate
objectives.To
grow
by
continually
providinguseful
and
significant
products,services
and
solutions
to
marketswe
already
serve
—
and
to
expandinto
new
areas
that
build
on
ourtechnologies,
competencies
andcustomer
interests.Underlying
beliefs
supporting
thisobjective:market
leadership–
There
are
more
places
we
cancontribute
than
we
will
be
capableof
contributing:
we
must
focus.–
To
be
average
in
the
marketplaceis
not
good
enough,
we
play
towin.–
We
must
be
No.1
or
No.2
in
ourchosen
fields.To
view
change
in
the
market
asan
opportunity
to
grow;
to
use
ourprofits
and
our
ability
to
developand
produce
innovative
products,services
and
solutions
that
satisfyemerging
customer
needs.Underlying
beliefs
supporting
thisobjective:–
Growth
comes
from
taking
smartrisks,
based
on
the
state
of
theindustry
—
that
requires
both
aconviction
in
studying
the
trends,but
also
in
inducing
change
in
ourindustry.–
Our
size
(and
diversity
ofbusinesses)
gives
us
an
ability
toweather
economic
cycles
and
turnthem
to
our
favor.To
help
HP
employees
share
in
thecompany’s
success
that
they
makepossible;
we
provide
people
withemployment
opportunities
based
onperformance;
to
create
with
them
a
safe,exciting
and
inclusive
work
environmentthat
values
their
diversity
andrecognizes
individual
contributions;
andto
help
them
gain
a
sense
of
satisfactionand
accomplishment
from
their
work.–
HP’s
performance
starts
withmotivated
employees;
their
loyalty
iskey.–
We
trust
our
employees
to
do
the
rightthing
and
to
make
a
difference.–
Everyone
has
something
to
contribute:It’s
not
about
title,
level,
or
tenure.–
An
exciting,
stimulating
work–
A
diverse
workforce
gives
us
acompetitive
advantage.–
Employees
are
responsible
for
lifelonglearning.To
develop
leaders
at
every
levelwho
are
accountable
for
achievingbusiness
results
and
exemplifyingour
values.Underlying
beliefs
supporting
thisobjective:–
Leaders
inspire,
fostercollaboration,
and
turn
vision
andstrategies
into
action
–
withfocused,
clear
goals.–
Effective
leaders
coach,
relaygood
news
and
bad,
and
givefeedback
that
works.–
Leaders
demonstrate
self-awareness
and
a
willingness
toaccept
feedback
and
continuouslydevelop.–
Leaders
speak
with
one
voice
andact
to
eliminate
busy
work.–
It
is
important
to
measure
peopleon
the
results
they
achieveagainst
goals
they
helped
tocreate.Underlying
beliefs
supporting
thisobjective:global
citizenship–
The
highest
standards
of
honestyand
integrity
are
critical
todeveloping
customer
andstakeholder
loyalty.–
The
betterment
of
our
society
isnot
a
job
to
be
left
to
a
few;
it
isthe
responsibility
to
be
shared
byall.–
This
objective
is
essential
todelivering
on
the
brand
promise.hewlett-packardjune
25,
2002we
are
passionate
aboutcustomerswe
have
trust
and
respect
forindividualswe
achieve
our
results
throughteamworkhp
valueswe
act
with
speed
and
agilitywe
perform
at
a
high
level
ofachievement
andcontributionwe
deliver
meaningfulinnovationwe
conduct
our
business
withuncompromising
integrityWe
put
the
customer
first
ineverything
we
do
and
in
everydecision
we
make.
We
create
aculture
and
management
processthat
motivates
and
empowersemployees
to
act
in
the
bestinterests
of
the
customer.Examples
of
practices
where
thisshows
up:–
Measure
Total
CustomerExperience
(TCE)
performanceacross
customer
segments
andproduct/service
categories–
Living
the
HP
CustomerExperience
Standard–
Employees
take
ownership
ofcustomer
issues
brought
to
themand
know
who
to
contact
toresolve
them–
Clear
line-of-sight
accountabilityand
direct
link
to
compensationand
performance
managementWe
work
to
create
an
exciting,stimulating
environment
in
whichwe
can
all
contribute
and
thrive.And
we
approach
our
work
withthe
belief
that
people
want
to
do
agood
job
and
will
do
so,
whengiven
the
right
tools
and
support.We
recruit
to
create
a
diverseteam
of
highly
capable,
inventiveindividuals
who,
together,
can
doextraordinary
things.trust
and
respectfor
individualsExamples
of
practices
where
thisshows
up:–
Work/life
programs–
Injury-free
work
environment–
Diversity
practices–
Employee
surveys–
Open-door
policyEffective
collaboration
among
teamsand
organizations
is
key
to
oursuccess.
We
work
as
one
team
toexceed
the
expectations
of
ourcustomers,
shareholders
andpartners.
We
believe
that
the
talentsof
our
full
team
—
including
suppliers,distributors
and
channel
partners
—are
essential
to
our
success.achieve
resultsthrough–
Employee
and
leadershipdevelopment
programs–
Company
governance
model
and–
Leverage
where
possible
—
avoidTime-to-market.
Time-to-customer.Time-to-revenue.
Time-to-profit.
Theseare
critical
to
our
success.
To
achieveresults
at
a
rate
faster
than
ourcompetitors,
we
apply
the
right
talentto
the
challenge,
are
clear
about
howdecisions
must
be
made,
chooseeffectiveness
over
elegance
andempower
people
to
make
decisions
intheir
area.act
with
speedand
agility–
Reduced
cycle
times,
time-to-market,
time
to
problem-resolution–
End-to-end
solutions
focus–
Roles,
hand-offs,
andaccountabilities
defined–
Governance
model–
Program
and
process
managementAchievement
and
personalcontribution
is
a
foundation
of
thenew
HP.
All
HP
people
andespecially
managers
generateenthusiasm
and
commitment
toexceed
customer
expectations.We
are
relentless
in
implementingbetter
ways
of
getting
results.perform
at
a
hig
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