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Essay text:
They run the company according to the principle later called management by objective. It was based on communicating overall objectives clearly and giving employees the flexibility to work toward those goals in ways that they determine are best for their own areas of responsibility.
Bill and Dave make other important management decisions: providing catastrophic medical insurance, using first names to address employees (including themselves), and throwing regular employee parties and picnics.
HP enters the microwave field. At the end of the war, this area quickly becomes an important and growing share of the company's business,
The 50
Hewlett-Packard goes through a growing and maturing process in the 1950s, learning much about the "new" technology of electronics and about the internal effects of growth...
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