Why AMD’s turnaround is working when so many turnarounds fail

As this editorial notes, a year ago chipmaker AMD was on the ropes. Today AMD still won’t be unseating Intel any time soon, but they’re profitable again.

The problem, it argues, is that changing CEOs isn’t enough. A CEO has to have lieutenants that tell the CEO what the CEO needs to hear. Steve Ballmer failed, the author argues, because he inherited Bill Gates’ team, and Gates’ team wouldn’t tell Ballmer what he needed to hear.

It’s a very interesting perspective, and timely, as AMD released a compelling product line today.

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