Patrick Gelsinger, the CEO of Intel, recently gave a riveting unwarlike ‘going to war’ speech. Gelsinger is a Stanford graduate and was appointed as the CEO of Intel in February 2021. He has been known as a leader in the tech industry, and that remains only truer after his recent speech – many even believe that he might finally save Intel’s sinking ship after Microsoft announced its in-house production of server chips.
Gelsinger presented Intel by discussing four pillars: flawless execution, bold innovation, fostering a vibrant culture, and being a leader in every category. For intel, execution has been a problem for the past two decades. This primarily stemmed from the somewhat hostile culture of the company; there was a constant toxic competition between employees, and coincidentally Gelsinger even left Intel in the past because of this. Gelsinger being the CEO now gives us some hope that the company’s work environment and culture will become less hostile and more fostering. He is known for being empathetic, considerate, and supportive of his subordinates. These are precisely the qualities through which he will lead the Intel managers to be a better version of themselves and eventually make the employees more innovative because then they will not be scared of making mistakes anymore. Fixing the company’s environment and culture is crucial for its success.
To deal with the fourth pillar, Gelsinger has suggested something interesting. USA’s market share as a semiconductor producer has decreased dramatically over the past few years. Gelsinger proposed that Intel will bid on the US project and create a new super-foundry for third-party businesses. What is interesting is that IBM and Microsoft will partner with Intel in this project.
Patrick Gelsinger’s vision for Intel is very different from his predecessors. It is almost unwarlike – there is more collaborative than combative, more strategic than tactical, and a much more effective plan. His speech showed what the company really needs to do in order to adapt and succeed. Intel’s future looks much brighter now than it did a few months ago!