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One of the most destructive things you can do to a company is give them a near market monopoly for a while.
by api 4y ago
One of the most destructive things you can do to a company is give them a near market monopoly for a while.
- bloodyplonker22 4y agoWhile also putting an MBA in charge.
- rapsey 4y agoAnd put bean counters in charge.
- iasay 4y agoAh yes HP 1999 calling there…
- BeetleB 4y agoThis trope needs to be put to rest. Brian Krzanich was a tech insider and Intel fared poorly under him. The current CEO is as much of an insider, and it's still doing poorly under him.
- Throwawayaerlei 4y agoAn exception to the trope doesn't "put it to rest," except of course for that exception. For Intel the interim CFO made CEO was actually executing a strategy that might have worked. I was pretty sure Gelsinger would be a catastrophic mistake because he wasn't a fabrication guy (but maybe they couldn't hire one?) and I'm sad to see this playing out. His strategy depends on one difficult to impossible, and one impossible thing: regain the ability to move to new nodes on a very fast time scale and change the corporate culture to accommodate foundry customers without buying such a company. By now without having heard of mass firings of incompetent managers but plenty of reports it's still a snake pit or clown show if you prefer, and the latest capex decrease of $4 billion says nothing good. Even if the latter is just that they can't buy the machines they need. While I'm at it, how well is their 10 nm now Intel 7 node at shipping parts? That was when Intel's decades of bad top level technical management snared their crown jewel.
- fuzzieozzie 4y agoI hate to say it, but a leader who lives in fear of this is what Intel needed to stay ahead. Andy Grove believed and lived in fear of monopoly power ... since then CEOs at Intel have lacked that conviction.
- pietroq 4y ago"Only the paranoid survives" - Andy Grove
- deleted 4y ago[deleted]
- papito 4y agoFighting complacency is not easy.