Apple and HP are both Fortune 500 technology companies. Apple was founded in 1976 and is currently led by CEO Tim Cook, employing 115,000 people. It is known for products like the iPhone and iTunes. HP was founded in 1939 and is led by CEO Dion Weisler, employing 302,000 people. It specializes in computing, storage, and networking hardware. A unique practice that helped Apple's success was Steve Jobs' "hub-and-wheel management" model, where he directly communicated with hundreds of employees to motivate them and build task forces focused on specific products.

1. APPLE VS HP
Fortune 500
Done by
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2. APPLE
CEO Timothy D. Cook
Industry Computers, Office Equipment
Sector Technology
HQ Location Cupertino, CA
Website http://www.apple.com
Years on List 21
FORTUNE 500 5
Number of employees 115,000 (as of July 2015)

3. ABOUT APPLE
• Apple was founded by Steve Jobs, Steve Wozniak, and Ronald Wayne on April 1, 1976,
to develop and sell personal computers
• It was incorporated as Apple Computer, Inc. on January 3, 1977, and was renamed as
Apple Inc. on January 9, 2007, to reflect its shifted focus toward consumer electronics
• Apple is the world's largest information technology company by revenue, the world's
largest technology company by total assets, and the world's third-largest mobile phone
manufacturer.
• it operates the online Apple Store and iTunes Store, the latter of which is the world's
largest music retailer.
• Apple's worldwide annual revenue totalled $233 billion for the fiscal year ending in
September 2015. The company enjoys a high level of brand loyalty and, according to the
2014 edition of the Interbrand Best Global Brands report, is the world's most valuable
brand with a valuation of $118.9 billion

4. HQ OF APPLE

5. UNIQUE MANAGEMENT PRACTICE
Hub-and-wheel
Management
• IT took place in the year 1997
• Steve made returning to the hub-and-wheel model an immediate
priority of the ensuing corporate shakeup
• He met with hundreds of people in every facet of the company,
regardless of rank, asking them a series of questions that put them
on the defensive about their jobs, and retained only the ones he liked
• “He had total disregard for the hierarchical chain of command. He
would remember what several hundred people did and call on
whomever he needed, always bypassing their managers”

6. • By building up personal knowledge of specific employees and motivating
them to take pride and responsibility over their product areas, he built
task forces that were the best at what they did
• Jobs was well-known as a ruthless leader who demanded nothing but
perfection. Employees feared that a misstep during a brief encounter with
the CEO, even in an elevator, could get them fired
• Through the help of hub –and-wheel-management steve jobs was able to
over come it

7. HP
CEO Dion J. Weisler
Industry Computers, Office Equipment
Sector Technology
HQ Location Palo Alto, CA
Website http://www.hp.com
Years on List 21
FORTUNE 500 19
Number of employee 302,000

8. HP HEADQUARTERS

9. ABOUT HP
• The Hewlett-Packard Company (commonly referred to as HP) was an
American global information technology company headquartered in Palo
Alto, California
• It developed and provided a wide variety of hardware components as well as
software and related services to consumers, small- and medium-sized businesses
(SMBs) and large enterprises, including customers in the government, health and
education sectors.
• It specialized in developing and manufacturing computing, data storage, and
networking hardware, designing software and delivering services
• Founded in January 1, 1939 by William Redington Hewlett,Dave Packard

10. UNIQUE MANAGEMENT PRACTICE
Hub-and-wheel Management
• There is no such management in Hp which could lead to the
following
• Massive layoffs to the company could cripple hiring.
• HP expects to fire around 55,000 employees leading up to and
during the separation.
• This is due to the lack of this unique management practice

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