Intel Corp., the world’s largest chipmaker, named Chief Operating Officer Brian Krzanich as chief executive officer, leaning on an insider to accelerate a shift toward mobile devices as the personal-computer age wanes.
When Twitter Inc. Chief Executive Officer Dick Costolo isn’t traveling abroad or overseeing new products to compete with social-networking rival Facebook Inc., he’s often lecturing employees on the merits of good management.
“Corporate mentoring programs are a charade. The intent behind them is good, but like everything the professionals get a hold of, they turn it into an incredibly complex and counterproductive routine. I suspect the reason these programs exist is so HR can beat you up and have something they can brag about. The moment someone says ‘mentor’ or ‘mentee,’ I get waves of nausea,” Andy Grove, former chairman of Intel Corp., says in the Sept. 26 edition of Bloomberg Businessweek.
“I am told I cannot talk about industrial policy in polite American company,” Dow Chemical Co. Chief Executive Officer Andrew Liveris told a business audience last March. “I’m not sure why, since the world’s two strongest economies, Germany and Japan, both have such policies.”