Apple vs hp

APPLE VS HPFortune 500

Done by kavitha

APPLE

CEO Timothy D. Cook

Industry Computers, Office Equipment

Sector Technology

HQ Location Cupertino, CA

Website http://www.apple.com

Years on List 21

FORTUNE 500 5

Number of employees 115,000 (as of July 2015)

ABOUT APPLE• Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976,

to develop and sell personal computers•  It was incorporated as Apple Computer, Inc. on January 3, 1977, and was renamed as

Apple Inc. on January 9, 2007, to reflect its shifted focus toward consumer electronics• Apple is the world's largest information technology company by revenue, the world's

largest technology company by total assets, and the world's third-largest mobile phone manufacturer.

•  it operates the online Apple Store and iTunes Store, the latter of which is the world's largest music retailer.

• Apple's worldwide annual revenue totalled $233 billion for the fiscal year ending in September 2015. The company enjoys a high level of brand loyalty and, according to the 2014 edition of the Interbrand Best Global Brands report, is the world's most valuable brand with a valuation of $118.9 billion

HQ OF APPLE

UNIQUE MANAGEMENT PRACTICE

Hub-and-wheel Management

• IT took place in the year 1997•  Steve made returning to the hub-and-wheel model an immediate

priority of the ensuing corporate shakeup• He met with hundreds of people in every facet of the company,

regardless of rank, asking them a series of questions that put them on the defensive about their jobs, and retained only the ones he liked

•  “He had total disregard for the hierarchical chain of command. He would remember what several hundred people did and call on whomever he needed, always bypassing their managers”

• By building up personal knowledge of specific employees and motivating them to take pride and responsibility over their product areas, he built task forces that were the best at what they did• Jobs was well-known as a ruthless leader who demanded nothing but

perfection. Employees feared that a misstep during a brief encounter with the CEO, even in an elevator, could get them fired• Through the help of hub –and-wheel-management steve jobs was able to

over come it

HPCEO Dion J. Weisler

Industry Computers, Office Equipment

Sector Technology

HQ Location Palo Alto, CA

Website http://www.hp.com

Years on List 21

FORTUNE 500 19

Number of employee 302,000

HP HEADQUARTERS

ABOUT HP• The Hewlett-Packard Company (commonly referred to as HP) was an

American global information technology company headquartered in Palo Alto, California• It developed and provided a wide variety of hardware components as well as

software and related services to consumers, small- and medium-sized businesses (SMBs) and large enterprises, including customers in the government, health and education sectors.• It specialized in developing and manufacturing computing, data storage, and

networking hardware, designing software and delivering services• Founded in January 1, 1939 by William Redington Hewlett,Dave Packard

UNIQUE MANAGEMENT PRACTICE

Hub-and-wheel Management• There is no such management in Hp which could lead to the

following• Massive layoffs to the company could cripple hiring.

• HP expects to fire around 55,000 employees leading up to and during the separation.

• This is due to the lack of this unique management practice

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