1999: Getting back to the HP Way.  
		
				
				Retired HP executive and influential board member Dick Hackborn 
				in 1999:
		
				"If somebody thinks the core values are studying 
				and analyzing without implementation, procrastination caused by 
				trying to achieve consensus and allowing everybody involved in a 
				decision to have veto power on every other person's business, 
				then those are the kind of values that I'd like to see go away. 
		
				But if they think the core values are objectives like making a 
		contribution to customers, expecting a reasonable return on your 
		investments, trusting people and giving them maximum freedom to 
		implement -- but also holding them accountable -- then those are the 
		kinds of values that continue to be important and should be emphasized. 
		I don't see anything in today's world that changes that."
		
				--Dick Hackborn (1937-2025)
		
				[Hackborn was a very influential member of the HP 
				board of directors -- joining the board in 1992, becoming 
				Chairman when Lew Platt retired in Jan 2000, the Lead 
				Independent Director in Sep 2000; then retiring from the board 
				in 2009. As part of the process of 
		recruiting a new CEO, Hackborn first met 
		with Carly Fiorina in June 1999, a month after this was published in 
		HP's employee magazine, "Measure".]
		Getting 
		back to the HP Way
		
		Dick Hackborn... joined the company in 1960 as a design 
		engineer... held several management positions before being named G.M. 
		of the former Computer Peripherals Group in 1979... 
		established HP's legendary printer business... In 1992, he was 
		named to the HP board of directors. Dick retired from HP a year later, 
		remaining on the board as an influential member...
		
		[Discussion of the Agilent spinoff and Lew Platt's coming retirement.]
		
		Question: One of the concerns among employees is that there has been 
		some erosion in the HP Way over the past few years and that the 
		realignment will cause it to erode even further. How would you respond?
		
		
		Dick: That's a very important concern, When we were looking at 
		restructuring the company, we purposefully went out and gathered a lot 
		of inputs about the state of the HP Way today and what it means to 
		people. Most of the inputs we received sounded very familiar to the HP 
		Way that I remember -- back almost 40 years now. 
		
		However, there were other aspects of it that were not at all the way I 
		remember Dave and Bill operating the company. An example is consensus 
		building. In my personal experiences with Dave and Bill, you certainly 
		had opportunities to give your inputs. But once that was done, a 
		decision was made -- everybody accepted it and everybody acted on it. 
		That isn't exactly consensus. 
		
		Another thing that Dave and Bill always demanded was very strong 
		accountability. I mean, you felt it every day, You were there to make a 
		contribution, a contribution that resulted in tangible market 
		performance -- actual end results in terms of market success and 
		financial performance. That was how your contribution was determined. We 
		seem to have gotten away from that. 
		
		HP has gotten so much larger, complex and bureaucratic -- despite the 
		best intentions of everybody. And that's not the HP Way either, 
		
		So if people are thinking that we've been losing some key parts of the 
		HP Way in recent years -- some of the important ones -- they might be 
		right. I really believe that these two, more focused companies will give 
		us a chance to get back to the real HP Way.
		
		Question: We've also heard comments from employees who say that there is 
		such pressure to perform in today's fast-moving markets that their 
		managers don't seem to pay as much attention to HP's core values as they 
		should. Do you think there might be something to this concern? 
		
		Dick: That's a tough question because you have to ask the person who's 
		saying that what the core values are. If somebody thinks the core values 
		are studying and analyzing without implementation, procrastination 
		caused by trying to achieve consensus and allowing everybody involved in 
		a decision to have veto power on every other person's business, then 
		those are the kind of values that I'd like to see go away.
		
		But if they think the core values are objectives like making a 
		contribution to customers, expecting a reasonable return on your 
		investments, trusting people and giving them maximum freedom to 
		implement -- but also holding them accountable -- then those are the 
		kinds of values that continue to be important and should be emphasized. 
		I don't see anything in today's world that changes that."
		
		
				
		HP "Measure" 
		Magazine, May 1999
				(pdf pages 32-33; magazine pages 28-29) 
		
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				2025)