Intel CEO Li-Bu Tan’s admission that the company made a mistake in rewarding managers who built bloated teams , sent a message not only to Intel but also to every leader who measures business success by the wrong metrics.
Intel CEO Lip-Bu Tan sent a memo to all employees on Thursday, announcing the changes that will be made at Intel. These changes will impact Intel’s core culture.
Many people mistakenly believe that company culture is just pizza parties and flexible work hours. But it’s much more. Tan explained how culture can cause problems. Here are the three things he identified when he became CEO of Intel in March. These could also affect your business.
Click here to continue reading: Intel’s CEO’s memo to all staff cites layoffs as key for a culture overhaul
