Jim Harris

Cofounder of Compaq

  • Born: Date unknown
  • Place of Birth: Texas

Primary Company/Organization: Compaq

Introduction

Jim Harris is best known for cofounding Compaq Computer Corporation with friends Rod Canion and Bill Murto in 1981. He was a key player in the company's operations during the 1980s but left along with cofounder Canion in 1992 to form Insource Technology.

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Early Life

Jim Harris was born in Texas. He graduated from Texas A&M University with a bachelor of science degree in electrical engineering. He began his computing career in 1967 as an engineering project manager at Texas Instruments in Dallas, Texas.

Life's Work

Harris's career began in 1967, when, after college, he began working for Texas Instruments. He was a senior manager in the summer of 1981, when he and two colleagues, Joseph R. "Rod" Canion and William H. Murto, decided to start their own company. Initially they were not certain what that company would produce, but they eventually decided to build portable personal computers that met IBM's industry standards. The name Compaq was an acronym for "compatibility and quality." Each man only had $1,000 to invest, so they sought financing from Ben Rosen, president of Sevin-Rosen Partners, a venture capital firm in Houston. Rosen offered $2.5 in funding and became Compaq's chair. The company earned $111.1 million in its first year and enjoyed its first billion-dollar year in 1987.

During that time, Harris served as vice president of engineering, overseeing the development of new products such as the company's initial offering, the Compaq Portable Computer, and encouraging early adoption of technologies such as Intel's 286 and 386 processors.

Compaq Computer Corporation made a long-standing commitment to in-house American production and to what cofounder Canion called "consensus management," which in part led to Canion's ouster from Compaq in 1991. When he left, Harris went with him. Harris and Canion founded a new company, Insource Technology, in 1992 using the same small office space they had first rented when founding Compaq. In his position as chairman of the board, Harris performed top-level executive functions and consulted with midsize to large businesses to address their computing needs. He also was instrumental in a number of start-up companies, namely, Ramteq and Echo Minerals, in Houston and San Antonio, Texas, respectively.

Personal Life

Jim Harris lived in Houston, Texas. He served as a member of the board of the Stehlin Foundation for Cancer Research.

Bibliography

Burrows, Peter, and Andrew Park. "Compaq and HP: What's an Investor to Do?" Businessweek 18 Mar. 2002: 62–64. Print.

Canion, Rod. "Consensus, Continuity, and Common Sense: An Interview with Compaq's Rod Canion." Interview by Alan M. Webber. Harvard Business Review. July / August 1990. p. 114–123. Print.

"The Compaq Story, Part 1 of 3: 1982 to 1983, the Beginning." 28 Sept. 2008. YouTube.com Web. 12 Aug. 2012.

"The Compaq Story, Part 2 of 3: 1983 to 1984, Early Success." 2 Oct. 2008. YouTube.com. Web. 12 Aug. 2012.

"The Compaq Story, Part 3 of 3: 1984 to 1988, Record Growth." YouTube.com. 2 Oct. 2008. YouTube.com. Web. 12 Aug. 2012.

Dawley, Heidi, Steve Hamm, and Cathy Yang. "Compaq's Rockin' Boss." Businessweek 4 Sept. 2000. Print.

Jeffrey, Cal. "Compaq: Gone But Not Forgotten." TechSpot, 5 Jan. 2023, www.techspot.com/article/2112-compaq/#google‗vignette. Accessed 6 Mar. 2024.

"Insource Technology." n.d. Linkedin.com. Web. 12 Aug. 2012.

Insource Technology Corporation. "About Us: Management Team." n.d. Insource.com. Web. 12 Aug. 2012.

"Jim Harris." n.d. Spoke.com. Web. 12 Aug. 2012.

"Joseph R. 'Rod' Canion." 10 Oct. 2008. Entrepeneur.com. Web. 12 Aug. 2012.

"Rod Canion Announces the Formation of Insource Technology Corporation." 15 Nov. 1994. Thefreelibrary.com. Web. 12 Aug. 2012.

Nee, Eric. "Compaq Computer Corp." Forbes 12 Jan. 1998: 90–94. Print.