The NFX Podcast

The Founders’ List: ‘The HP Way’ Speech by Dave Packard to Management (1960)


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This is The Founders’ List – audio versions of essays from technology’s most important leaders, selected by the founder community.

In 1960, David Packard gave an informal speech to the managers at HP that wasn’t intended for the public to hear. The speech resurfaced during the merger talks between Hewlett-Packard and Compaq. Packard addressed the overarching question of 'why HP exists' and shares insights on how to manage effectively, financial responsibility, and much more for someone to absorb and have a successful career.

You can find his speech in the book, 'The HP Way: How Bill Hewlett and I Built Our Company'.

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