When Intel CEO Li-Bu Tan admitted the company erred in rewarding managers for building bloated teams, he sent out a wake-up call not just for Intel, but for every leader focused on the wrong things to measure business success.
Intel CEO Lip-Bu Tan sent all employees a memo Thursday announcing changes in Intel, which will affect the essence of any business: its core culture.
People often mistake company culture for things like pizza parties and flextime, but it encompasses so much more than that. Tan pointed out how things that get caught up in culture cause problems. Here are three he identified at Intel, where he took on the top job in March, which could be affecting your business as well.
To keep reading, click here: Intel CEO’s All-Staff Memo Touts Layoffs as Key to Overhauling Company Culture