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Intel was once a Silicon Valley leader. How did it fall so far? (www.vox.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 96 points 3 months ago (1 children)

Probably bureaucracy. Also an inability to pivot even when things make no sense. Everything is a giant freight train that has very little ability to change direction or stop.

Oh and of course a healthy taste of not being transparent or honest.

Source: I used to work there years ago.

[–] [email protected] 26 points 3 months ago

This happens easily for big successful organisations. Over decades a strong culture aligned with how they succeed forms. Once the market changes requiring a culture change, a seemingly invincible company suddenly stumbles. They simply can’t respond even if they what they should change.

Ex. Rolls Royce CEO stated this phenomenon well: culture eats strategy for breakfast.