So a lot of people think Intel has an execution issue, and they do. But they also currently have the wrong strategy.
When Steve Jobs went back to Apple, he famously joked with Bill gates that "The ship is taking on water, and my job is to get it pointed in the right direction". It's not Lip Bu's job to fix all the execution problems at Intel, it's his job to get the company pointed in the right direction. Intel needs a culture change and a strategy change. I would say he is in the middle pushing a culture change, but the strategy change has not happened - yet.
Dropping the IDM model won't fix Intel's past failures, but it will get the company moving back in the right direction. Once they have the strategy and culture fixed, better products will follow.
When Steve Jobs went back to Apple, he famously joked with Bill gates that "The ship is taking on water, and my job is to get it pointed in the right direction". It's not Lip Bu's job to fix all the execution problems at Intel, it's his job to get the company pointed in the right direction. Intel needs a culture change and a strategy change. I would say he is in the middle pushing a culture change, but the strategy change has not happened - yet.
Dropping the IDM model won't fix Intel's past failures, but it will get the company moving back in the right direction. Once they have the strategy and culture fixed, better products will follow.