When Barrett said words to the effect that in looking back, Intel made a mistake putting all their eggs in one basket and relying on an outside source to gate their top of the line product, my response is, well daaaaaaah.....
A 10 year old should have seen the stupidity of that strategy. Jump out of an airplane with a new untested parachute design and no backup chute.... In retrospect it doesn't seem like such a good idea.... And they pay this guy???? Brilliant!!!
EP,
Your comment is interesting re Barrett. There was a section of an article that I have posted below talking about Barrett. It was in TSC which has been mostly pro Intel. I meant to post it yesterday but did not have time. I am not sure that I agree with their assessment but its certainly an interesting view of Barrett given Intel's current problems:
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Consider this a warning.
Another Warning Sign: How Intel's CEO Devotes His Brain Cells
My former colleague Dan Gillmor, technology columnist at the San Jose Mercury News, wrote a provocative column Wednesday about Intel (INTC:Nasdaq - news) CEO Craig Barrett's appeal, made Monday, for technology bigwigs to support public education. That got one of my moles, who heard Barrett speak at the influential Agenda conference in Arizona, thinking about a perverse cautionary tale this might be telling.
After all, it was Barrett's former boss, Andy Grove, who published in his famous book Only the Paranoid Survive the edited calendar of one week in the life of an unnamed executive that showed how little attention the CEO was paying to business. His day was filled by official functions, education seminars and award ceremonies.
Now comes Barrett, whom my mole says spent 10% of his time railing against Wall Street analysts, 10% of his time saying companies like Dell and Compaq(Intel's customers) are the wave of the future, and 80% of the time talking about education. Now that's a noble endeavor, but perhaps not at a time when technology industry leaders really would like to have known how Intel is going to re-ignite its growth.
Leaders pay paranoid attention to solving problems. The complacent blame others and focus on extraneous issues.
thestreet.com
ted |