New Article: When the Mismanagerial Class Destroys Great Companies

Giants of the global economy like Intel and Boeing have been aggressively mismanaged into irrelevance. Great companies have missions, not metrics.

Patrick Hendry/Pebbles and plane wreck This article by Marko Jukic was published on Palladium Magazine on August 30, 2024. In 2005, Paul Otellini became the new CEO of Intel, America’s premier semiconductor designer and manufacturer. He was the first CEO of the company not to have a background in engineering. Sometime shortly thereafter, Otellini entered discussions with Steve Jobs on whether Intel would manufacture the chips needed for Apple’s secretive, potentially revolutionary new project: the iPhone. Ultimately, Otellini declined. He thought the initial costs would be too high and the…

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