Ruminations on the electronics industry from David Manners, Senior Components Editor on Electronics Weekly.
Fable: The Company Which Tried To be Like Intel
In 1983 there was a semiconductor company which was making memories and microprocessors. In other words it was competing with Intel. And it was a financial mess.
The semiconductor company was a subsidiary of a big electronics company which had decided to get rid of it. However the CEO of the parent decided to give the semiconductor company one last chance and looked around for a CEO to fix it.
The new CEO came in and found that a group within the company had found a whole new way of doing modems.
He decided to focus the whole company on modems, and the company became a big success.
Moral: Play to your strengthsTags: financial mess, last chance, microprocessors, semiconductor company, subsidiary