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Big Bets vs. Little Bets and the future of HP

Harvard Business Review

HP had grown so large, to about $30 billion in sales, that Barnholt and other senior managers felt pinched to reach their double-digit growth goals. To launch HP's big new businesses, the company's managers took rigorously logical steps. It averaged 18% annual growth from 1939 to 1999. But by the mid-1990s, the challenges mounted.

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