eds. MBO examples are: Clearly defined written proposals, leading to and giving accountability within the organization or development of cross departmental or division teams to solve customer needs. Open-Door-Policy The assurance that no adverse consequences should result from responsibly raising issues with management or personnel. Trust and integrity are important parts of the Open Door Policy. Open Door examples would include: Ability to voice frustrations in a constructive manner, willingness to consider or see alternatives in a new way or Openness to discussion of advancement, or transfer opportunities Open Communication At the core of HP뭩 practice of open communication is the belief that when given the right tools, training and information to do a good job, people will contribute their best. HP hopes that open communication leads to strong teamwork between HP people, customers and others, and energized team achievement and contribution. Section 3 Stakeholders Who are Hewlett-Packard's relevant stakeholders? ?Stockholders ?Employees ?Competition ?Major Suppliers Stockholders: HP currently has 1.019 million shares of common stock outstanding. Current stock price as of October 12, 1999 was 87 3/8. Stockholders are directly affected by HP뭩 operations by the money made or lost within the organization. If the stock price dramatically drops, or dividends decrease or cease, stockholders are likely to take their money and invest where returns are higher. Employees: HP has high regard and respect for its employees. One reflection of this high regard is a stock option plan was implemented in 1996 where HP along with employees contribute to the stock purchases. This gives HP employees not only a stake as an employee, but also as an investor. HP뭩 profitability/operations becomes increasingly important as the stakes get higher. Competition: Competition in the diversified computer industry is innovative and competitive. If H...
