The HP Way

David Packard's account of how he and Bill Hewlett built Hewlett-Packard — and the management philosophy that made it one of the most admired companies in the world.

The HP Way documented: management by objectives, management by walking around, profit sharing, trust-based employee relations, and the belief that people want to do good work when given the opportunity. The book captures a moment when Silicon Valley genuinely believed that treating employees well and generating profits were not in tension. The HP Way became the canonical statement of humanistic technology company management — later violated spectacularly by Carly Fiorina's HP.