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Displaying articles for: November 2012

Getting started in the working world: New HP/public sector collaboration for Tunisia’s youth

What do young adults need to get started in the working world? An important collaboration, investing USD 3.3 million in support of Tunisia’s youth (announced in November 2012), believes that young people today need increased access to better-quality services designed to support young entrepreneurs by providing them with a foundational education, services and mentorship. Young adults also need job opportunities, which can be best achieved through supporting direct capacity-building for enterprises with high employment potential.

 

Ambitious aims such as these require collaboration between the private and public sectors.  HP is proud to offer this support to the young people of Tunisia in a new collaboration with the United Nations Industrial Development Organization (UNIDO), the US Agency for International Development (USAID), and the government of Italy (Tunisia’s neighbor, seeking shared prosperity as partners in the Union for the Mediterranean).

 

HP’s Vice President of Sustainability and Social Innovation, Gabi Zedlmayer, says the multi-million dollar private/public sector collaboration should “equip young people in Tunisia with relevant entrepreneurship skills to help create much needed new jobs”. The project focuses on the HP Learning Initiative for Entrepreneurs (HP LIFE) program, which recently expanded to offer all of its IT and entrepreneurial training courses online. As Tunisia maintains political and commercial links with other Arabic and French-speaking countries, the potential also exists for HP LIFE to expand into new geographies through this collaboration.

 

HP named among environmental sustainability leaders

(Contributed by Gabi Zedlmayer, Vice President of HP’s Office of Sustainability and Social Innovation)

 

HP has once again been ranked among the top companies in the world for its sustainability efforts in two major environmental reports.

 

First, for the third year in a row, HP ranked 2nd on the 2012 Newsweek Green Rankings of the top 500 U.S. companies and secured the 22nd position on the Global 500 list. HP also earned a top spot on the Greenpeace Guide to Greener Electronics, placing second on the list and ranking as the top U.S. company.

 

Placement on the Newsweek Green Rankings lists is determined by an overall score derived from research and analysis provided by Trucost and Sustainalytics, two leading environmental research firms. A company’s overall “Green Score” is based on its environmental performance in the areas of environmental impact, environmental management, and disclosure.

 

In this year’s rankings, HP improved in all three categories and in the combined Green Score—rising from an overall score of 75.8 in 2011 to 78.5 in 2012.

 

HP scored 5.7 points out of a possible 10 in this year’s Greenpeace Guide to Greener Electronics, which evaluates leading consumer electronics companies based on their commitment and progress in three environmental criteria: Energy and Climate, Greener Products, and Sustainable Operations.

 

Greenpeace recognized HP for efforts in Sustainable Operations, highlighting our paper procurement policy, which bans suppliers linked to illegal logging, as well as our policies and practices related to the sourcing of conflict minerals. In the Energy category, Greenpeace noted that we have one of the best programs for measuring and reducing greenhouse gas emissions from our suppliers.

 

Additional information on HP’s environmental sustainability efforts may be found on the HP Global Citizenship website.

VideoBook Brings Learning to a Whole New Level

Many people are skeptical about companies’ motives behind ‘giving back’ to society. They suspect corporate giving is merely expensive window dressing aimed at achieving good publicity while diverting attention from elsewhere. Others argue that corporations can’t do good business by being good citizens. CEOs – who are tasked with increasing profit margins – are forced to justify the considerable expense of corporate social responsibility initiatives to stakeholders and demonstrate a shared value to the business. Shared value is the overlap between creating social impact while also rewarding their company’s bottom line.

 

At HP, we strongly believe that good citizenship and good business go hand in hand. One recent example of our success is the HP VideoBook educational system. This Wall Street Journal award-winning initiative enriches digital texts by incorporating carefully selected relevant videos from YouTube and other online sources. It turns plain text documents into rich media documents and brings concepts to life, enabling students to get multiple perspectives on the same topic. Student performance in India significantly improved when using VideoBook, along with Mindspark, an adaptive learning tool, and another HP program, called “Lab-in-Box,” a mobile lab that gives computer access to some of India’s poorest children.

 

The outcomes are encouraging HP to extend the scale and scope of its social innovation initiatives and sell the same technology as an open solution for both licensing in schools and as an enterprise solution for employee on-boarding to the Indian market. HP is turning the initiative into a multi-million dollar revenue opportunity in India with the potential to expand it to other countries around the world. Clearly, corporate ‘giving back’ is delivering shared value.

 

All that aside, delivering shared value takes plenty of hard work, partly because much of it is in unchartered territory. VideoBook was invented by visionaries working in HP Labs in India. Seeing its potential, the worldwide group responsible for HP Sustainability and Social Innovation (HP SSI) developed a new workstream around cloud-based Personalized Learning to help develop, test and support this solution to bring it to the broader market.

 

But that wasn’t all. It took combining the energies and expertise of many HP employees with the knowledge of our in-country partners Educational Initiatives, Indian government officials, schools and teachers. It was a collaborative effort, with everyone working toward the same shared goal. HP SSI believes in this model of supporting innovation internally and collaborating to build change.

 

HP CEO Meg Whitman discusses FY12 results and Autonomy Impairment Charge on CNBC

This morning, Meg Whitman sat down with CNBC’s David Faber for an extended discussion of regarding its earnings report and details of the Autonomy impairment charge. 

 

Watch the full interview here: CNBC.com

HP Reports Fourth Quarter and Full Year 2012 Results

HP today announced financial results for its fourth fiscal quarter and full fiscal year ended Oct. 31, 2012. For the full year fiscal 2012, net revenue of $120.4 billion was down 5% from the prior year period and down 4% when adjusted for the effects of currency.

 

(Editor's note: for more details, read today's press release, "HP Reports Fourth Quarter and Full Year 2012 Results”)

Quick reference guide: HP earnings report coming up Tuesday, Nov 20, 2012

HP (NYSE ticker symbol: HPQ) will present its fourth quarter earnings results on Tuesday, Nov. 20, 2012, before the market opens at approximately 4:30 am PT.  We will post links to the news release, financials, and other information as it becomes available here at Data Central and on Twitter and Stocktwits at @hpnews.

 

Our CEO Meg Whitman and CFO Cathie Lesjak will also host a live audio webcast to review HP’s financial results.  The call is scheduled for Nov, 20 at 5:00 am PT and will be available at www.hp.com/investor/2012Q4webcast 

 

You’ll also be able to follow the news on our investor relations website and the HP.com newsroom.

 

All HPQ SEC filings

HP on SlideShare

HP Donates More Than $650,000 To Help Residents Recover and Rebuild after Superstorm Sandy

HP employees do amazing things every day. In the past few weeks, they’ve stepped in quickly to help with relief and recovery efforts in the wake of Superstorm Sandy, contributing technology, skills and money. Sandy left a path of destruction from the Carolinas to Maine, wrecking homes, businesses and communities and impacting millions of people’s lives.

 

The HP Company Foundation gave a $150,000 cash grant to the American Red Cross and a $100,000 cash grant to Save the Children to aid in relief efforts. The HP Company Foundation has a history of helping out in times of need and provides disaster relief support throughout the world.  HP employees also are opening their hearts and wallets, quickly raising $200,000 for relief efforts that was then matched dollar-for-dollar by HP, totaling to more than $400,000.

 

Earlier this year, HP donated $500,000 to the American Red Cross Annual Disaster Giving Program. This program provides advance funding to the Red Cross that allows it to respond quickly and effectively when confronted with any major disaster.

 

When disaster strikes, HP and our employees step up to help people and communities rebuild and reenergize. As a company, as an employer and as citizens in the communities where we live and work, we feel the call to provide support to organizations that are helping with relief efforts and providing access to food, water and overall support.

HP’ers Weather the Storm for Workplace Equality

(This entry was posted by Caterin Wall, HP Global Diversity & Inclusion)

 

Despite the disruption caused by Hurricane Sandy, over 20 HP employees from around the world braved the weather to attend the Out & Equal Workplace Summit on Oct. 29 – Nov. 1.  The Out & Equal Workplace Summit is an annual meeting that brings together LGBT employees, allies, human resource and organization professionals with the goal of working towards creating safe and equitable work environments for all. 

 

HP Brand Ambassadors at the Out & Equal Workplace SummitAs the Presenting Sponsor, HP has a long history of partnership with Out & Equal, and the company works with Out & Equal throughout the year to build and strengthen our company as an organization that values all employees, customers and communities.  HP has been involved with Out & Equal since 1999.

 

Over 1,300 attendees attended the summit this year, and many of HP’s partners and customers are included in the 118 companies represented at the summit.  HP’s participation at the Summit provides a number of benefits to the company, including:

 

  • Significant visibility for HP to other leading corporations – including key business partners – and their LGBT employees.  HP’s booth at the Summit’s exhibition showcase highlighted a number of the latest PPS products, including new touch-enabled Windows 8 notebooks.  Attendees were wowed by the latest HP has to offer both consumer and commercial clients. 
  • An opportunity to showcase the company’s commitment to and leadership in diversity and inclusion as an employer and provider of choice.
  • A variety of learning and professional development experiences to advance diversity and inclusion employee leadership skills.

The Summit included inspiring keynote speakers as well as opportunities to learn from industry leaders and experts.  With over 100 workshops offered, attendees learn insights into lesbian, gay, bisexual, transgender and ally issues in today’s ever-changing workplace environment. 

 

HP’s Michael Thacker addresses attendees at the Gala event, sponsored by HPAs a highlight of the Summit, HP sponsored the celebration Gala on Nov. 1.  The company auctioned a technology suite of products, raising thousands of dollars for Out & Equal.  Michael Thacker in HP’s corporate communications department also addressed the attendees at the Gala, highlighting HP’s committee to diversity and inclusion, as well as the great work of the HP Pride Employee Resource Group.

 

HP Pride Employee Resource Group

 

A critical element to HP’s diversity and inclusion strategy, Employee Resource Groups (ERGs) help employees not only navigate the corporate environment, but serve as a valuable business resource.   The HP Pride ERG is believed to be the first LGBT and Ally ERG to be founded inside a corporation, in 1978. 

 

One of their key initiatives are their participation in PrideFests that happen all over the US as well as in countries such as Canada, the UK, Switzerland and Costa Rica to name a few. Through community engagement and product exhibit opportunities, HP’s brand reaches hundreds of thousands of consumers thanks to the efforts of HP’s Pride ERG.  They are wonderful examples of HP employees as ambassadors of our brand.  

 

The work of the HP Pride ERG not only increases HP’s visibility to customers, but it also helps make HP an employer of choice for the LGBT community.  For the 10th year, HP has received 100% on the Human Rights Campaign’s Corporate Equality Index, which provides an in-depth analysis and rating of large U.S. employers and their policies and practices pertinent to lesbian, gay, bisexual and transgender employees.

 

The Pride ERG is currently putting finishing touches on a series of “It Gets Better” videos.  The It Gets Better Project was created to show young LGBT people the levels of happiness, potential, and positivity their lives will reach – if they can just get through their teen years. The It Gets Better Project wants to remind teenagers in the LGBT community that they are not alone — and it WILL get better.  Look for the HP videos very soon.

HP Named as a 2013 Top 100 Military Friendly Employer® by G.I. Jobs

G.I. Jobs announced today that HP has been ranked 18th in its Top 100 Military Friendly Employers® list.  Criteria for selection to the Top 100 list included the strength of company military recruiting efforts, the percentage of new hires with prior military service, retention programs, and company policies on National Guard and Reserve service. The list was compiled from a data-driven survey sample of 5,000 companies whose annual revenues exceeded $500 million.

 

HP is proud to be ranked as one of the Top 100 Military Friendly Employers® for the first time since the inception of the award.

 

The full results of the list and HP's company profile, including open positions that are a fit for military personnel, can be found on www.MilitaryFriendly.com.

 

Now in its 10th year, the Top 100 Military Friendly Employers® list is the premier resource for transitioning service members and spouses seeking civilian employment.  The survey results that determined the 2013 list were independently tested by Ernst & Young LLP based upon the weightings and methodology established by G.I. Jobs. Each year companies taking the survey are held to a higher standard than the previous year via improved methodology, criteria and weightings developed with the assistance of an Advisory Board consisting of leaders in the military recruitment community.  A full list of board members can be found at www.MilitaryFriendly.com/board.

Reaching Those Who Need it the Most: The Challenges of Effective Entrepreneurship Programs

There are more than seven billion of us, spread across every continent. We live in cities, towns, villages, hamlets and in the far-flung dots on the map. We all need the same things– access to safe water and food, educational opportunities, secure housing, etc. – and governments, nonprofit organizations and businesses have been trying for years to most effectively reach people with programs to fill the gaps.

 

For instance, there are more than 75 million unemployed youth around the world that desperately want, but don’t yet have access to, educational resources that will help them establish or support their business ideas. Entrepreneurship has been sparked in recent years by organizations such as Kiva and KickStarter, both of which encourage people around the globe to become their own bosses, shape their own careers and find their own path toward a better life. Programs like these help inspire change and provide financial support for people, but before budding entrepreneurs can get to that stage, they need to start at square one. Entrepreneurs from all walks of life are trying to grow a business many on limited resources and they might not have the time or access to resources to maximize the opportunities presented to them and bring their ideas to fruition. That is where programs like HP LIFE have come in.

 

HP LIFE has successfully reached more than 1.2 million entrepreneurs since launching in 2007, providing them with access to IT training and online activities that educate them on basic business and IT skills.   The program has resulted in more than 43,000 new jobs created or maintained and nearly 20,000 businesses through its 340 training centers in 49 countries. 

On November 1st, we launched HP LIFE e-Learning, which takes HP LIFE, to the cloud.

 

To create and implement HP LIFE e-Learning, HP has joined forces with global nonprofit organization Education Development Center (EDC), which addresses some of the world’s most urgent challenges in education, health and economic development and manages more than 250 projects in 23 countries.


HP LIFE e-Learning is a groundbreaking initiative that is:

 

  • Free of Charge and Available To Everyone Based on Their Schedule. It doesn’t matter if you want to learn about marketing at 8 p.m. on a Saturday or 3 p.m. on a Tuesday – HP LIFE e-Learning is there when you are. The program will also be available on HP’s cloud, a safe and secure way to learn, use and save information. Finally, you can learn at your own pace. Need to skip a lesson? Not a problem. Take it when you’re ready.
  • A Support System: After you’ve taken introductory courses and shown your commitment to entrepreneurship, HP will provide e-mentoring services. You’ll not only get the foundational skills needed to succeed, you’ll also get a partner for the journey. While you’re learning the new skills, so will millions of other new HP LIFE e-Learning users, who you’ll be able to connect with and learn tips and tricks as well as share your own.
  • A One-Stop Shop: HP LIFE e-Learning is designed to be what you need, when you need it. The courses focus on four main topics: finance, marketing, operations and communication. With the knowledge learned in the modules, you’ll be well-prepared to successfully start or support your business idea.
  • Practical and Usable: The skills and resources you learn as an HP LIFE e-Learning participant won’t just be good knowledge to have, they’ll help you grow your business by providing practical skills for your data, finance or marketing management. For instance, one module teaches all about using spreadsheets to track expenses while another is on social media marketing to reach your customer base.
  • Available Around the World: Offering the HP LIFE e-Learning program through the cloud means HP can dramatically broaden access to the program, making valuable training available to the users in the most remote regions of the world, like those far-flung dots on the map. We see this as a valuable way to get resources to many more potential entrepreneurs and existing small businesses and provide them with a powerful learning experience that can lead to both economic and personal growth. Thus far, we have users registered from more than 200 countries and we are excited to see additional countries join us.

HP LIFE e-Learning is waiting for you. Sign up today.  

HP donates $2.7 million in calculators to students worldwide

Imagine the difficulty of preparing for a high-stakes exam without having the tools that could help ensure success? That’s exactly the situation HP hopes to remedy with its calculator donation program. Students who were unable to pass their exams without a calculator can now take their exams and improve their math and science skills. Recently, HP donated more than $2.7 million in advanced graphing and scientific calculators to underserved education institutions around the world.

 

Products donated range from HP 30s and HP 300s scientific calculators for middle and high school students to HP 40gs and HP 50g graphing calculators designed for advanced math at high schools and universities. One college student, Umiro Tarawalie from Sierra Leone, stated, “The calculator I got is the perfect one that I need for my calculations and graphs in the engineering department. I am so happy with this [HP 50g] calculator that I have passed half of my exams already.”

 

Yusifu Mansaray, who attends a vocational training center in Sierra Leone, was pleased to receive his HP 30s calculator. “I had started to work on someone’s farm to gather money to buy a scientific calculator for one week now and was unable to afford one. It is a great relief that these calculators have come at a time when we badly need them to sit our final exams at the agricultural survey department. I will now use the time I spent to look for money to buy a calculator to study for my exams.”

 

This initiative marks the largest donation of calculators in HP history with units being distributed to schools in need throughout Asia, Africa and Latin America. In conjunction with HP Sustainability and Social Innovation, HP selected the nonprofit Good 360 to distribute the calculators through an open bid process to its affiliated charities and schools in more than seven countries. 

 

In Asia, technical-vocation students in Cebu City in the Philippines received HP 40gs graphing calculators as well as scientific calculators for elementary school students. Vietnam is implementing an educational opportunity program where its top-performing high school students will receive graphing calculators, with elementary school students benefiting from HP EasyCalc 300s calculators as well.

 

With these donations, HP continues its commitment to philanthropic efforts worldwide and the advancement of education solutions for students. For more information on HP Calculators, visit www.hp.com/calculators

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