Would you have taken $200M a year to run a company that has <10% chance of survival?

When Pat took the job, he knew he was taking bold and risky plan not only to catch back up to competition but to build an entirely new business that competes with one of the best companies on the planet...

Do you think Pat realized the odds of success were under 10%? And if you were offered such a job would you take it? Knowing full fell you might have to layoff 50,000 people and you plan might be a complete failure?

And what about the board. It is one thing to buy into the glorious visionary pitch... but did the board ask to see detailed plans for how the company would fund the new fabs whilst the core business was in rapid decline? Andy used to say, 'hope is not a strategy'. True enough.

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Sign me up - I just become available. All I’ll do it being in some consultants to state the frickin’ obvious then cash out !

Why not. Even with just $200M you can afford to never work again If the strategy works you'll be a hero, genius and billionaire, if it doesn't you can simply disappear with a few hundred millions in your account and retire. Either way, you win, you are gambling with other people's money.

Original Post brought to you by Carl's Jr. and by the PG Fan Club.

I get paid, everytime I say "Carl's Jr.".

Where is your data to show that they plan was contingent upon outside acquisition of foundry talent vs. basing strategy on internal/organic growth with hiring outside managers?

I don't see the strategic rationale to acquire outside cr-ppy fabs to get managers when Intel was simultaneously investing huge sums of money in it's own fab and process technology .AND. getting government handouts. The gov't was not going to be keen on Intel acquiring and operating foundries in foreign countries will taking billions to repatriate technology to US soil.

PG made the mistake of relying on the foundry acquisitions to make the vision work. Once that path was nixed by China, he did not realize soon enough that he needed outside talent to bring it to fruition. I was not hope, but there was error. He is regrouping with new talent. SF

Thread regarding Intel Corp. layoffs

Would you have taken $200M a year to run a company that has <10% chance of survival?

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