BUSINESSWEEK ONLINE : AUGUST 2, 1999 ISSUE
COVER STORY

Leadership over the Years


DAVID PACKARD & BILL HEWLETT
1938-1978
''Bill and Dave'' set up shop in a tiny Palo Alto (Calif.) garage in 1938--and built a company that became the model for thousands of subsequent Silicon Valley startups. With equal parts technical and business genius, they created an informal, egalitarian culture where brilliant engineers could shine.

JOHN YOUNG
1978-1992
Young oversaw HP's rise into a major computer company--something AT&T, Honeywell, RCA, and other first-generation electronics companies failed to do. But as the 1990s began, Young's efforts to corral HP's independent units led to bureaucracy that got HP badly bogged down.

LEW PLATT
1992-1999
A well-liked engineer who joined HP in 1966, he was an operations expert and devoted practitioner of the HP Way--perfect qualifications to oversee HP's growth in the mid-1990s. But when PC prices and Asian sales tanked in 1997, HP wasn't prepared for the next big wave: the Internet.

CARLY FIORINA
1999
She helped turn Lucent Technologies from a stodgy maker of telecom equipment into a high-flying Net stock--exactly the task at hand at HP. Known for her brand-building and leadership skills, she joins HP when it has a head of steam in its main markets as well as a new direction for the Net.



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