Lip-Bu Tan, the new CEO of Intel, has initiated a plan to streamline the company by reducing middle management and fostering closer collaboration between engineers and customer feedback. At Intel's recent Vision event, he acknowledged past shortcomings and emphasized the importance of customer input in reshaping Intel's direction. Tan aims to revive the company's innovation culture by granting engineers more creative freedom. Attracting and retaining top engineering talent is a significant priority for him, particularly as Intel has faced challenges in maintaining its competitive edge against rivals such as Nvidia.
In his new role, Lip-Bu Tan has committed to working directly with engineers and aims to foster a culture of innovation by cutting middle management.
Tan emphasized the importance of customer feedback, stating that Intel has fallen short of expectations, and he encourages honesty and critical input from customers.
With a focus on innovation, Tan believes that allowing engineers more freedom to pursue their ideas is essential for the company's future growth and competitiveness.
One of Tan's top priorities as CEO is to attract and retain engineering talent, recognizing the significant loss of talent Intel has experienced in recent years.
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