> This is what happens when the MBAs and the bean counters take over. They cut the fat, then they slice right through the muscle and bone.
Agree with the first sentence, strongly disagree with the second.
Intel's problems over the past 15 or so years certainly wasn't that they had cut away all the "fat" and then into the "muscle and bone". It was they had gotten too fat and directionless. Indeed, one of the quotes from the letter regarding their foundry business is that they invested in the wrong things: "Over the past several years, the company invested too much, too soon – without adequate demand. In the process, our factory footprint became needlessly fragmented and underutilized. We must correct our course." If they had ruthlessly prioritized before (which may have included getting rid of ill-fated initiatives earlier) they would most likely be in a better position today.
Agree with the first sentence, strongly disagree with the second.
Intel's problems over the past 15 or so years certainly wasn't that they had cut away all the "fat" and then into the "muscle and bone". It was they had gotten too fat and directionless. Indeed, one of the quotes from the letter regarding their foundry business is that they invested in the wrong things: "Over the past several years, the company invested too much, too soon – without adequate demand. In the process, our factory footprint became needlessly fragmented and underutilized. We must correct our course." If they had ruthlessly prioritized before (which may have included getting rid of ill-fated initiatives earlier) they would most likely be in a better position today.