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The Power of Networked Teams: Creating a Business Within a Business at Hewlett-Packard in Colorado Springs |
List Price: $25.00
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Reviews |
Description:
Since it was founded more than 60 years ago, the Hewlett-Packard Company has been proudly run in a distinctive decentralized fashion. Over the decades this has become a major component of the vaunted "HP Way," an overall management style that has probably garnered as much outside praise as the company's innovative technological products. Pressure to increase profits as the 1990s began forced a corporate-wide reassessment, however, ultimately turning officials' attention to one particularly costly business function--financial transaction processing--and the dramatic realization that it could be administered more effectively as a centralized operation handled by the firm's facility in Colorado Springs, Colorado. The Power of Networked Teams by Pamela Shockley-Zalabak and Sandra Buffington Burmester shows exactly how HP made the transformation and how it subsequently slashed accounting and related costs by an astounding 75 percent while introducing an effective new structure (networked teams) into HP's renowned corporate culture. Shockley-Zalabak and Buffington Burmester have each been personally involved in the process from near the beginning, and with direct input from other initial participants are able to detail precisely how this new model works. The advice and the processes are clearly spelled out and could prove applicable to many other businesses. --Howard Rothman
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