HP NOW SELLS 3 PRINTERS EVERY SECOND

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HP NOW SELLS 3 PRINTERS EVERY SECOND

 user 2009-07-10 at 12:31:02 pm Views: 58
  • #22349
    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.”