HP HP-Measure-1964-01 free download

File name HP-Measure-1964-01.pdf

from our president's desk ~ MANY OF YOU KNOW, this is the month we hold costs and improve productivity all along the line-from our annual corporate-wide management meeting. R&D right on through to Marketing. This three-day conference is attended by all our We are especially interested in strengthening our prod- corporate officers, as well as representatives of every oper- uct development programs during the new year. It's been ating division and subsidiary. While there is a great deal said before, but it bears repeating: New products are the of communication among these people during the year lifeblood of our company and their continuing develop- and while most of their work is accomplished without ment is our most important single activity. There is some formal meetings, we find it useful to get the entire manage- evidence that as our company has grown larger we are ment group together each January. doing a less effective job of selecting the most promising Probably the most important item on this year's agenda products to develop and bringing these efficiently into pro- is a discussion of our future plans and objectives. Al- duction. Some divisions are able to do this better than though our preliminary goals for the new year have been others, and one of our primary objectives is to see that all established well in advance of the meeting, we find it very do it as well as the best. beneficial to present these in some detail to all our man- In addition to formulating specific plans for this year, agers. Since this is a shirt-sleeve conference in which our management conference will devote itself to five-year everyone is invited to express his views and constructive growth projections for the company. Although our busi- criticisms, we are able to get a good cross-section of ness has grown nearly two and one-half times in the past opinion and use this effectively in modifying and improv- five years, our initial studies indicate that the opportuni- ing our long-range plans and programs.