Published by:
Harvard Business Publishing
Length: 8 pages
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Abstract
Compaq Computer Corp. has established a remarkable performance record: the most successful first and second years of sales in U.S. history; the first company to reach the Fortune "500" in less than five years; the fastest company to hit the $1 billion mark in sales. According to its founder, president, and CEO Rod Canion, the company''s growth stems from a strong corporate culture that puts a premium on teamwork and consensus management. Top management tries to retain the continuity and commonsense approach to decision making that was a part of Compaq when it was a startup. The company prides itself on a methodical decision-making process. It ranks costs relatively low on its list of manufacturing priorities.
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Abstract
Compaq Computer Corp. has established a remarkable performance record: the most successful first and second years of sales in U.S. history; the first company to reach the Fortune "500" in less than five years; the fastest company to hit the $1 billion mark in sales. According to its founder, president, and CEO Rod Canion, the company''s growth stems from a strong corporate culture that puts a premium on teamwork and consensus management. Top management tries to retain the continuity and commonsense approach to decision making that was a part of Compaq when it was a startup. The company prides itself on a methodical decision-making process. It ranks costs relatively low on its list of manufacturing priorities.