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Who wants to be Intel’s new CEO?

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Re: Who wants to be Intel’s new CEO?

#2
I've been reading "Measure What Matters" by John Doerr, which outlines Objectives and Key Results, a concept heavily influenced (invented?) by Andy Grove.

Would be interesting to hear from someone who knows if Intel still uses OKRs, and if their long-term usage contributed to the current "toxic culture". I really like OKRs as a concept, just wondering what long-term usage looks like, and what the downsides are.

Or maybe it's sensationalism, and the culture isn't that toxic?

Re: Who wants to be Intel’s new CEO?

#4
post #2

I've been reading "Measure What Matters" by John Doerr, which outlines Objectives and Key Results, a concept heavily influenced (invented?) by Andy Grove. Would be interesting to hear from someone who knows if Intel still uses OKRs, and if their long-term usage contributed to the current "toxic culture". I really like OKRs as a concept, just wondering what long-term usage looks like, and what the downsides are. Or ma…

Google uses OKRs (they took it from Intel). Not sure why I'm being downvoted

http://www.businessinsider.com/googles-ranking-system-okr-20...

Re: Who wants to be Intel’s new CEO?

#5
WTF does "toxic culture" even mean, other than clickbait?

Some people seems to use this as meaning "anti-social" or "excessively aggressive" but the word only appears in the article as "toxic fixation on margins" where it's equivalent to "harmful".

The gist of the article seems to be that Intel lost in the mobile space because it refused to chase opportunities with lower margins. But decisions regarding such deals are made by a small handful of people at the top, the "culture" of the rest of the organization is irrelevant.

Re: Who wants to be Intel’s new CEO?

#6
post #3

Missing an opportunity isn't a Toxic Culture problem, eh? I disagree with this narrative.

I'm not sure if the author understands the word's context or usage; the article also links to "Intel's toxic fixation on margins" but nowhere on the target page does the word toxic appear.

Re: Who wants to be Intel’s new CEO?

#7
The term 'toxic culture' is mostly used to describe widespread harassment and bullying. 'Ossified' or 'stagnant' are more apt terms for a company that can't seem to seize new opportunities.

The thing about margins is that it's a lot more fun to work in a division with high margins. Low margin businesses are grim, because every cost matters. When you can charge $5000 for the latest Xeon, you can pay high salaries and have fat travel budgets. So it's hard to get people used to working on high-margin divisions to move into a new low-margin division, even if it might eventually be bigger.

Re: Who wants to be Intel’s new CEO?

#9
post #5

WTF does "toxic culture" even mean, other than clickbait? Some people seems to use this as meaning "anti-social" or "excessively aggressive" but the word only appears in the article as "toxic fixation on margins" where it's equivalent to "harmful". The gist of the article seems to be that Intel lost in the mobile space because it refused to chase opportunities with lower margins. But decisions regarding such deals ar…

"Toxic" in this context just means negative or harmful. There are many ways in which something can be negative or harmful, not just one.

Re: Who wants to be Intel’s new CEO?

#10
post #7

The term 'toxic culture' is mostly used to describe widespread harassment and bullying. 'Ossified' or 'stagnant' are more apt terms for a company that can't seem to seize new opportunities. The thing about margins is that it's a lot more fun to work in a division with high margins. Low margin businesses are grim, because every cost matters. When you can charge $5000 for the latest Xeon, you can pay high salaries and…

You can't prescribe how language is used. Toxic culture now means this. Changes in usage happen over time.
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