HP NOW SELLS 3 PRINTERS EVERY SECOND

[Anonymous]

http://www.siliconbeat.com/2009/06/22/hps-mark-hurd-speaking-at-stanford/
HP NOW SELLS 3 PRINTERS EVERY SECOND
Hewlett-Packard
CEO Mark Hurd gave a short talk at Stanford this morning, and offered a
few interesting comments on running the world’s biggest technology
company
First, on the
sheer size of HP: The company’s annual sales grew from $79 billion in
2004 to $118 billion last year. The recent EDS acquisition gave HP
nearly 320,000 employees. Hurd said HP’s supply chain now delivers
three printers every second, two PCs a second and nearly one server
every ten seconds.Second, on the ethical challenges that face a global
company which does 70 percent of its business outside the United
States: Hurd said HP’s chief ethics officer and legal staff are
constantly reviewing operations, but added, “There are lots of
opportunities for things to not be exactly as we like it to be. We know
something is not right this second, but we just don’t know exactly what
it is.”

Hurd went on to say that HP has to be extra vigilant as
it does so much business in emerging markets like Russia. “Nothing
against Russia. But those emerging markets also have emerging cultures
in the way they do business. We have people who grew up in cultures
where they don’t do business the way we at HP like to do
business.”Third, on the personal demands of his job: Hurd, who
reportedly collected about $42 million in salary, bonuses and
compensation last year, said he spends nearly two-thirds of his time
traveling and meeting with customers and managers around the world.
When asked how that affects his family life — Hurd is married and has
two children — he responded: “I don’t think you take these jobs if
you’re not going to do them. I think you have to be willing to deal
with the repercussions or you don’t sign on.”He went on: “The minute
you try to re-architect something to fit your personal life, when you
have a company like ours, it won’t work. It’s non-sustainable.”Hurd
also outlined some of HP’s strategic vision for IT, which calls for
building hardware around open, non-proprietary standards, and then
adding value (and profit) by selling software and services on top of
that.Different segments of the hardware market are converging, he
added, predicting that in five years, “you will not be able to tell a
server from a storage device, a storage device from a networking
device.”

[Author]

July 10, 2009 at 12:31 PM