Solution
Parul answered on
Jun 26 2022
Introduction
Intel is one of the most recognized multinational organisations known for its semiconductor chip that boost up any computer system. It is technology-based organisation headquartered in California. Intel is the largest manufacturer of semiconductors leading the market for the x86 microprocessors which is the soul of majority of PCs. Furthermore, it is ranked 45th most influential company in USA by Fortune 500 (Kempf, K. G., Erhun, F., Hertzler, E. F., Rosenberg, T. R., & Peng, C., 2013). The company is the biggest supplier of the microprocessor for the computer system manufacture like Lenovo, Acer, HP as well as Dell (Andrew Grove, & Puffer, S. M., 1999).
The company diversifies in manufacturing entire spectrum of computer hardware like network interface controllers, chipsets, integrated circuits, graphics chips, embedded processors as well as various other products associated with computing and communications. Ever since I started using personal computers and laptops, I was amazed by the power of its microprocessors. Personally, I used to select the electronic device that had “Intel Inside” since it commands high quality of the chips used. By the virtue of this assignment, I have performed extensive research on the company Intel and analysed what are the internal issues which derailed the growth of the company (Burgelman, R. A., 1994).
Company Background
Intel was founded by Robert Noyce and Gordon Moore in the year 1968 and prospered under the leadership and guidance of Andrew Grove (Moore, G. E., 1996). The company plays a strategic role in accelerating the growth of other technology company in the Silicon Valley. Intel is a pioneer for making first ever SRAM and DRAM memory chip in the marketplace and world's commercial microprocessor. As the market grew, Intel witnessed incoming of various competitors to grab the business. For instance, one of the biggest rivals of Intel is AMD producing x86 architecture at much lower prices. Therefore, from early 2000 onwards, Intel as an organisation faced tremendous external pressure from the market. The company was losing massive market share to its competitors and was constantly challenged by new entrants in the market.
Issue - Lack of a succession strategy, an inability to find a replacement CEO
One of the most prominent issues that has crippled the growth of Intel is lack...