Wednesday, December 5, 2012

‘Intel’ligent Quotient!

Barrett led Intel from the front, but little did we realise, he was the masthead for the entire industry...

‘Intel’ligence is how many might refer to this 69-year-old leader, who upheld the sparkling semiconductor sceptre over this $75 billion isle, Intel. Yes, that’s Craig Barrett for you, the general who oversaw Intel’s transition from a simple vendor to a mammoth, having started his journey 35 long years back!

He completed his Ph.D. in Materials Science from Stanford University in 1964, and thence joined the University Department of Materials Science and Engineering, and served there for a good decade. Thereafter, he joined Intel Corp. as a manger in 1974. Ten years later, he was promoted to the position of Vice President of the Corporation and then to Senior Vice President in 1987 and Executive Vice President in 1990. Two years later, Barrett was elected to Intel Corporation’s Board of Directors and was named the company’s COO in 1993. That lead to him becoming Intel’s fourth President in 1997 and CEO in 1998. His final accomplishment at Intel came in 2005 when he was pronounced the Chairman of the Intel Board. So what does Barrett deserve credit for? Most experts and industrialists applaud his efforts for steering Intel clean and healthy through the ‘dot-com’ bust during the turn of the century. He was also responsible for restoring Intel’s manufacturing process, which included involved investments worth billions of dollars in new facilities, especially in emerging economies. Intel’s year-2006 ‘World Ahead Program’ launched in emerging economies called for a hefty investment of $1 billion. This initiative gave underprivileged people in emerging economies access to technology and education, and therefore proved Barrett’s strong belief in Creative Capitalism.


Source : IIPM Editorial, 2012.
An Initiative of IIPM, Malay Chaudhuri

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