I really wish we had a write up from an anthropologist on this to show what a failing culture looks like.
We've got to have a more formalized corpus on communication and information flow that indicates failed culture.
A catalog of stupid memos, bad incentives programs, communications from these failing boards and executive teams, the way funding is allocated, the initiatives led, there must be clear patterns.
In 2005, the CEO of Intel tried to buy Nvidia for $20b but the board vetoed his decision. The moral of the story is that the board's only tasks are to hire and fire the CEO. The board should not manage the company and they should fire the CEO when he makes a single extremely bad decision or set of smaller bad decisions.
Yeah there are plenty of stories about how Intel doesn’t understand how to be a foundry, that it doesn’t appreciate different needs and priorities. Something like they could build muscle cars but never a minivan.
We've got to have a more formalized corpus on communication and information flow that indicates failed culture.
A catalog of stupid memos, bad incentives programs, communications from these failing boards and executive teams, the way funding is allocated, the initiatives led, there must be clear patterns.