Intel CEO Out: It's About Time
The PR is the typical Friday afternoon or Thanksgiving week one-pager loaded with euphemisms.
The best one: Delivered the first smartphones and tablets for sale with Intel inside. Yes, Otellini did. About five years too late. They hit the market with a pin-drop-like thud, but, hey, he did it!
What a complete and total embarrassment.
But, give Intel credit. It made the move and blew the guy out.
Microsoft (MSFT) should take notes and Steve Ballmer should send extra large turkeys and fruit baskets to Bill Gates and the rest of the company's board this week.
Onward and upward, though.
Don't pull a Research in Motion (RIMM) .
Instead, be bold (!) like Yahoo! (YHOO) , who had the courage to write the future unfolding in front of us whether the rest of tech is willing to accept it or not: Young, aggressive, non-traditional CEOs are the wave.
CEOs need to look more like Marissa Mayer and Facebook's (FB) Mark Zuckerberg. More like Twitter and Square founder Jack Dorsey. But less like Otellini, Ballmer and Hewlett-Packard's (HPQ) Meg Whitman.
Up until, say, five years ago, these guys served their companies well. But, then, they lost it. Of course, Whitman hasn't done a damn thing and likely never will at HP.
Both unfortunate realities have relatively straightforward answers.
Much of the old guard just does not have the capacity to change. Once they realize they need to, it's too late. But, worse than that, they're caught like deer in headlights.