Andrew Grove Free Essays

Intel Corporation is one of the world leaders in terms of microchip and microprocessor production. They embark on a mission of staying in the top and even formulated a strategy on exploring other forms of markets like that of digital health and wireless applications. They have also been known to forge tie-ups with leaders of the prospective markets they are exploring. We will write a custom essay sample on Andrew Grove or any similar topic only for you Order Now They have tied up with search engine Google for the wireless application as an example. Basically, Intel operations are divided into two sections: the communications group, known as ICG or Intel Communications Group; and the other section consists of the Intel Architectural business. The architectural section is responsible for the production of â€Å"platform† boards that consists of chipsets and microchips, which are used in desktop processors; including the Intel Pentium 4 processor and the Celeron. On the other hand, the communications section deal mostly with the production and development of wireless technology. They are mostly concerned with flash memory and cellular base-band technology. Intel is also known for large-scale tie-ups with other firms. Example of such is their tie-up with search engine Google for development of wireless technologies. They are also know to be connected with other firms like Microsoft and Dell. However, competition has been seen to catch up on the leadership oh Intel. Recently, a lot of clamors have been heard in the recent decision of present CEO Paul Otellini unveiled his plan to ship the micro-chip corporation to another industry. While the rest had their problems with it, former CEO Andrew Grove is all praises for it. The present CEO’s vision is to generally change the image of Intel starting from what Andrew Grove practically built. Starting from the scrapping of the famous â€Å"e† trademark of the logo, the company motto and even the brand, the company has been envisioned to undergo a transformation. A lot of managers seem to be against the changing of such things that made Intel a household name. Even the logo has been widely known in all parts of the globe. Meanwhile, Andrew Grove has been vocal about his approval of the said changes. In his opinion, they are of the same line of thinking that the present CEO has, that the company really has to undergo these changes in order for the to tell the world that even Intel is adjusting to the fast-paced growth of the industry and that they, as a company, should be at equal footing with the rest of the companies in the same industry.   He further stresses that it is a imperative for the company to show that the company exhibits a show of risk-taking and result orientation, accompanied also by the value of discipline. Before, under Grove’s supervision and Craig Barrett (Grove’s successor), the company focused on the production of microprocessors and took the lead in that industry for years. They helped give birth to the Information Age by producing more microchips and therefore, producing faster computers and ending in the development of micro processing. However, what Otellini had in mind is far from the former image of Intel, considering that he even wanted to change the logo and company symbol. He wanted to venture into uncharted regions of digital health industry and that of â€Å"platform† inventions. Despite the negative views about Otellini’s decision, Analysts from outside the company have cited other views about the subject, stating the fact that sometimes, change is needed for a big company to maintain solid advantage. They also added that other companies that survived the changes maintained industry leadership, just like what happened to Texas Instruments. However, the other side notes that it is not really that advisable to change their target industry and find a niche in other markets, although they have leadership in the industry they would leave. Adding firepower to the firepower of the critics, Intel’s competitor, AMD (Advanced Micro Devices) Inc., have scored a major point against Intel as it topped the company in terms of consumption as AMD Inc rose to a higher percentage in 2003 and analysts view that it would continue to rise against Intel unless Intel releases a new competitive line of processors in the future.. In the wireless communications field, Texas Instruments and Qualcomm Inc are still standing their own ground against Intel’s advances. Also, the two companies are planning to release their own versions of the platform that they assured, would gain more shares of the market than the new Intel is trying to build a niche on. On the other hand, many people are applauding Otellini’s vision of the new Intel, stating that they have never seen so much innovation in technology with respect to their fields, especially that of medicine. Also, people have actually seen the growth of the company, showing promise for a whole variety of new plans that are underway. Not only did the plans boost company ties with other companies, but also made their partner companies believe in the new flexibility of Intel. They promoted closer ties with cellular phone conglomerates Nokia and Samsung; had present tie-ups with Google; ties with Sony and Philips; and with those ties, Intel was able to produce and release different types of innovative products. There different developments have different market reactions. Some producing great results, others not. However, analysts are right in pointing out that other companies that are industry leaders also experienced changes that looked like they are headed nowhere, although in the end, they have proven that their change would actually pay off. And now, Intel took their lead and eventually took some changes in themselves as well. The problem would be, if they can maintain the positive effects and eliminate the negative effects of the changes. As for their decision of making the company over, It is. The industry’s reaction to it seemed to treat the decision as a smart move as well. Rival AMD Inc made some deals with ATI, and this showed that Intel produced a bigger threat than before. Also, the result of other marketing strategies in the release of the new products proved that Intel can really hold its own against the rivals in the industries that they have entered. They also showed that they can maintain the leadership in their industry, and even remodeled themselves into a more serious threat than that of before. However, not all decisions solely produce good effects. The negative effects therefore should be dealt with accordingly. Otellini did not make a bad move and he assured that he would produce good results which he did, although in the process nearly humiliating the company as he suffered near losses and continue to be behind Texas Instrument in the other fields. Intel not only made a good decision externally but also made breakthrough decisions internally, taking care of their employees better and giving chances to other fields like medicine to be at the same level as that of the engineers, the firepower of Intel before. May be this was a factor in Otellini’s equation that he devised for company growth. All in all, Intel has made a remarkable shift from the way it was thirty seven years ago. It also departed from the household figure that we recognized. Although this a bold move in there part and a rather risky one considering the old model is one of the main reasons why Intel made it to the top. In Otellini’s, and now Intel’s belief, It is one risky move that was designed to maintain leadership and gain advantages in other fields that they would pursue in the future. The market and business world would have to look out as Intel’s new look is bound to stay, and so is their new outlook in the business battles. BIBLIOGRAPHIES Intel Corp. Company Profile. Yahoo! Finance. Retrieved October 26, 2006. (http://biz.yahoo.com/ic/13/13787.html) Intel Corporation. Computer Business Review Online. Retrieved October 26, 2006. (http://www.cbronline.com/companyprofile.asp?guid=E82C088A-0488-4DB5-8953-9E316C2B44D1CType=Background) How to cite Andrew Grove, Essay examples

Mutual Funds What Are They free essay sample

Before anyone invest in mutual fund, or even index funds, there are many important things you need to know, like past performance of the fund, investment objectives, investment strategies and others. All these essential information is involving a document called mutual fund prospectus. Mutual fund prospectus is required by Securities and Exchange Commissions (SEC) to be made accessible by all potential investors (Kennon, 2017)There are two kind of prospectuses; the statutory prospectus and the summary prospectus. The statutory prospectus is the conventional, long form prospectus that most mutual fund investors are familiar. The summary prospectus, which is now commonly used by many mutual funds, a few pages long and recorded the key information about the mutual fund. The information available in summary prospectus will be included at the beginning of statutory prospectus. The only difference between statutory prospectus and summary prospectus is there are more financial highlight information in the statutory prospectus. We will write a custom essay sample on Mutual Funds: What Are They? or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page The key information appears in the following standardized order: 1) investment objectives, 2) fee tables, 3) investments, risk and performance, 4) management, 5) purchase and sale of fund shares, 6) tax information, and 7) financial intermediary compensation.A prospectus can be very informative and helpful if the investor have a clear mind-set of their investment goals (Stinson, 2014). According to Bob Mecca, before investor read any prospectus, investor should know their objectives of investing and their risk-tolerance is. For example, the investors are low risk taker and have small fund. After they read the prospectus and realized it is aggressive mutual fund and large cap portfolio, they should reject the portfolio and go for other mutual fund. Once the investor found the suitable portfolio that matched with their objectives and risk-tolerance, and then only pay attention to the investment policy and others. Other than that, the prospectus provide huge information about how the fund invests, the amount of assets under management, the internal fund expenses, and more. (McGowan, 2016) As summary, this legal document enables investor to analyse about the mutual fund and to choose the right portfolio that match with their objectives, which, in a way to decrease their risk and increase their confidence towards the mutual fund. Therefore, the prospectus is the way of investor getting information about the certain mutual fund.

Cultural Diversity in Local Politics Essay Example For Students

Cultural Diversity in Local Politics Essay Overview This paper explores the limits and potentials of ethnic and racial coalition building in Los Angeles. The demographic changes that have occurred in Los Angeles during the past twenty years have been extraordinary, both in scope and diversity. The area has witnessed a literal boom in population growth, increasing from 7 million in 1970 to 8.8 million in 1990. (US Bureau of the Census) However, it is the dramatic change in ethnic and racial diversity of the population which has caught most observers attention. Los Angeles has taken on a new form in terms of its racial diversity, moving from a biracial to a multiethnic setting. The non-Hispanic White population has declined from its 71 percent share in 1970 to a narrow numerical plurality of 41 percent of the countys population in 1990. Meanwhile, the Latino and Asian Pacific population witnessed a doubling from 15% to 39% and near quadrupling from 3% to 11% of their population shares respectively. Meanwhile, African Americans, while slightly growing numerically, were a constant share of the county population (11%) during this period. (Oliver and Johnson:57-94) Thus, on the eve of the twenty-first century, Los Angeles has one of the most ethnically diverse populations of any metropolitan area in the country. What does this ethnic diversity mean for multiethnic coalition building in the politics of Los Angeles County? Does the changing demography increase the opportunity for ethnic cooperation? Or, has the ethnic changes increased rather than decreased the prospects of interethnic conflict? Introduction After the 1992 riots, a clarion call was issued from all corners for the emerging multiethnic majority to take its rightful place in the politics and leadership of the city. A multiethnic coalition, it ws suggested, could lead the city to a new multicultural future. This call was clearly built on the assumption that three divers groups African Americans, Asian Pacific Islanders and Latinos could come together and pursue a coalition built on their common interests. But what do we do know about the prospects of multiethnic coalitions? There is voluminous literature on urban politics. However, this literature has been shaped principally by the question of racial politics. (Browning, Marshall and Tabb) That is, how have traditional urban politics, read White politics, been affected or impacted by the role of Blacks on the urban scene. Probably the most influential work on Black/White urban political coalitions was Carmichael and Hamiltons Black Power. (Carmichael and Hamilton) In this work, as in most of the literature, the foundation of coalitions were based on common interests. They argued that all political relations are based on common self interest benefits to be gained and losses to be avoided. From this perspective, Carmichael and Hamilton argued, there were no permanent friends or enemies for Blacks in their struggle for freedom and power only temporary alliances when self interests coincide. Thus, they rejected the notion that White liberals, whose ideological orientation was favorable to Black aspirations, should be viewed as reliable and enduring allies. Rather, they were perceived as one among many which could be either potential allies or potential adversaries on the road to power. Carmichael and Hamiltons emphasis on interests and ideology alone, when extended to the multiethnic scene of Los Angeles, portends a rather bleak future for multiethnic coalitions. Alliances forging common interests are not readily evident or clear among the diversity of racial and ethnic groups in Los Angeles. Moreover, class and ethnic divisions between and within ethnic and racial groups have structured competing and cross-cutting interests that, on the face, appear to be overwhelming. Jackie Robinson EssayEthnic groups, for example, have diverse interests based on such factors as citizenship, ethnicity and class. Latinos are divided by the diverse interest of an immigrant noncitizen population and citizen native population. This became evident in the aftermath of the riots when the mostly Mexican Americans, citizen-based East Los Angeles leadership attempted to disassociate themselves from the more Central-American and recent Mexican immigrant-based residents of South Central Los Angeles. (Ramos and Wilkinson) This divisionexpressed a long standing concern that the Latinoization of Los Angeles politics was in fact being ushered in under Mexican hegemony. Likewise, diverse interests are apparent on the basis of national origin. Among Asian Pacific Islanders, long standing historical divisions between Koreans, Japanese, and Chines cause, in some critical cases, group enmity as opposed to unity. And even African Americans have strong class cleavages that, despite the concerted attempts of some middle class Blacks to reach out to the needs and the concerns of their less advantaged brethren, show increasing signs of developing into two separate communities. Thus, in the context of .

Ex Ball Player Essays - Fencing, Flick, Pump,

Ex Ball Player In everyone's life there will be peaks and valleys. What happens when a boy peaks before he has even had the chance to be a man? Can he be content to live in his remembrances of the past even though he seemingly has no future? John Updike's poem, Ex-Basketball Player, suggests that whether happy or not, both the man and the town he lives in need those remembrances. They need them so much, in fact, that the man and town become dependant on each other for reaffirmation of the past. The poem is built around the character Flick Webb, who was a highschool basketball star, but is now confined to the monotony of pumping gas the small town where he was born and raised. Updike does not take an obvious "good or bad" stance on Flick's situation, but rather uses imagery to portray a dark, dingy world of the present and contrast it with the bright, shining glory of Flick's past. The imagery is evident in the first two lines of the poem, where Pearl Avenue "bends with the trolley tracks and stops, cut off." (2) Already we see that Flick's future has been cut short, like the very road that leads to Berth's Garage, where he pumps gas. In fact, the train even passes by the very high school Flick attended. Like Flick, though the train passes the high school, it does not go far beyond. The words "cut off" are the key to understanding Flick's situation. Abruptly, his course was changed. Without warning, his stardom was exchanged for mediocrity. A highschool basketball star's glory days were cut off by the striking reality that he, as the poem suggests, "never learned a trade." (19) In the poem's next stanza, it becomes obvious that Flick is out of place amongst the "idiot pumps" (7) with their "rubber elbows hanging loose and low." (9) The imagery suggests that these inanimate objects are as close as Flick comes to any sort of real contact with others, as is further suggested by the last stanza of the poem, in which he ignores Mae to stare of into "applauding tiers of Necco Wafers, Nibs, and JuJu Beads." (30) The reference to one of the pumps as"more of a football type" (12) also points to the fact that Flick views the world through sports analogies and his past. The fact that there are five pumps, like five men on a basketball court for each team, also suggests that Flick still views life in terms of basketball. These facts affirm the notion that Flick did not concentrate on anything other than basketball throughout his formative years. Not relationships with others, not academics, not a fallback plan. Just basketball. The term "idiot" used to describe the pumps (7) also separates Flick from the other basketball players he used to play with and against. Just as he is out of place amongst the pumps, his talent put him out of place amongst his peers. In fact, though he was revered and lauded, Flick was never really a part of the town. His presence was merely ornamental, and continues to be. The theme that Flick is not necessarily unhappy, but out of place, continues throughout the poem. As we are told that "the ball loved Flick" (16) and "he was the best," (14) we see that it is not just Flick who looks upon his past with a sort of admiration and pride. It is the entire city. He is, in fact, the local hero. The boy who didn't exactly make it big, but he made it big enough that he's remembered. Perhaps the town longs for that hero the same way Flick does. But it is not longing for Flick, specifically. What the town, as represented by the narrator, wants is another hero. Until one comes along, they will live vicariously through Flick's past. "As a gag, he dribbles an inner tube, but most of us remember anyway," (21-22) the narrator muses. It's as though Flick wants to remind the town of his past, but he has no need, for they cling to it just as he does. He does not see people, he sees spectators. He does not see gas pumps, he sees opponents, team mates, and athletes. He does not see candy, he sees a highschool gymnasium full of adoring fans. And likewise, the town does not see a person, but the person's past. It appears to be a very mutual need for reminiscence. However, Flick and his

Ghandi Essays - Gandhism, British Empire In World War II

Ghandi Essays - Gandhism, British Empire In World War II Ghandi Mahatma Gandhi Mohandas Karamchand Gandhi was born in Porbandar, India, on October 2, 1869. Although his father was a chief minister for the maharaja of Porbandar, the family came from the traditional caste of grocers (the name Gandhi means grocer). His mother's religion was Jainism, a Hindu religion which ideas of nonviolence and vegetarianism are very important. Gandhi said that he was most influenced by his mother, whose life was an endless chain of fasts and vows. When, in the company of boyhood friends, he secretly smoked, ate meat, told lies, or wore Western clothing, he had an intense feeling of guilt. These feelings forced him to make resolutions about his moral behaviour that were to stay with him for the rest of his life. Ghandi married at the age of 13. When he was 18, he went to London to study law. He was admitted to the bar in 1891 and for a while he was attorney in Bombay. From 1893 to 1914 he worked for an Indian firm in South Africa. During these years Gandhi's humiliating experiences of open, official racial discrimination and aphartheid propelled him into agitation on behalf of the Indian community of South Africa. He started protest campaigns and organized provocating demonstrations, but never used violence. His philosophy was to never fight back against the atrocities, but still never retreat. This, he said, would decrease the hate against him and his fellow believers, and increase the respect felt towards him. Gandhi's one aim was that everybody - hindues, muslims, sikhs, jews, christians, black and white - could live together in peace and harmony. Under the banner We are citizens of the empire he gathered Indians from all over South Africa to a march for freedom. He gradually developed his techniques and tenets of nonviolent resistance, and when he returned to India in January 1915, he was celebrated as a national hero. He was soon asked to participate in and organize India's fight for freedom, as he fought aphatheid in South Africa. Then he started his journey to discover the real India, the life in the 700.000 small villages and the countryside with all the hardworking men and women. These were the ones he was going to represent in his fight for justice. As time passed, more and more people got to know about Gandhi and his controversial views, and Gandhi's popularity grew incredibly fast, something the English Vice-king and government didn't approve of at all. Armed only with honesty and a bamboo stick, Gandhi got through demands like a rebait on rent pay to the English land-owners, freedom for the Indians to grow crops of their own choice and the establishment of a part- Indian commission to hear grievances from the Indians. The Englishmen allowed these demands without questions, just to see the back of him. But Gandhi had greater aims. They sent Gandhi to jail several times, but they always had to release him, because he never used or indirectly caused violence or crime. He convinced almost everyone that nonviolence increases respect and decreases hate, but terror-actions and violence justifies the atrocities. Now, the Englishmen were getting afraid of this little, big man. And fright made them dangerous. In the town of Amritsar in 1919, English soliders, armed with guns, attacked and shot to kill hundreds of nationalist demonstrators, demonstrators who's goal was, ironically enough, nonviolence. 1516 demonstrators were killed or wounded. The general said that he wanted to give the Indians a lesson that would have an impact throughout all of India. The English people and government reputiated this terrible action and the attitude that prompted it. The massacre of Amritsar turned Gandhi to direct political protest, and made it possible for him to propose that maybe it was time for the Englishmen to go home for good. Within a year he was the dominant figure in the Indian National Congress, where Gandhi challenged the Brits: 100.000 Englishmen cannot control 350 million Indians if these Indians won't cooperate. That was what Gandhi wanted to achieve when he launched on a policy of noncooperation with the British. Nonviolence and noncooperation would make India independent of the British Empire, and the Indians would see the Englishmen off as friends. The first action of this noncooperation policy was to make the indians realize that to buy

Personal Liberties Essay Example | Topics and Well Written Essays - 750 words

Personal Liberties - Essay Example Between January 2013 and December 2013, a total of 92.3 billion pounds of food were wasted in the United States. It is due to the capitalistic system in which all aspects of lifestyle and society require access to currency in order to procure products and services. Without this access, an individual will be homeless, have nothing to eat, and generally be at risk of death without adequate access to important health-sustaining resources. Businesses in the capitalistic system consider all of their assets to be associated with a pricing structure and government provides regulatory and legislative support for this system which continues to contribute to higher starvation rates across the country. To simply enter a grocery outlet, fill a shopping cart, and subsequently push it out the door without providing payment is considered a criminal act in the capitalistic system. This thereby prevents people in American society without access to high volumes of currency from having any quality life style as they have become, essentially, slaves to a system that favors the value of money over human life. I am supportive of a socialist system, one where resources are more fairly distributed to all members of society and where class divisions are broken down to provide equity in resource allocation. Even the ideological Communist system has merits in its doctrines as this type of system desires to completely abolish all forms of currency and return society back to a barter and trade type of system to ensure equity.

Commodities Essay Example | Topics and Well Written Essays - 1500 words

Commodities - Essay Example The immeasurable significance accorded to oil, in all the forms it occurs, by political empires can be traced to as early as the first decade of the 20th century when governments started showing interest in private oil companies. On behalf of the British government, Winston Churchill proposed a bill to the House of Commons in 1914 that sought to acquire a 51% controlling stake in the Anglo-Persian oil company at a cost of  £2.2 million. A hidden motive can be seen in this move because the acquisition agreement further stated that the government would install two directors in the company that would have no hand in commercial activities. Rather, their only role would be to sanction political matters and those relating to Admiralty oil contracts. Fuel oil prices were already rising occasioned by the rising need of an industry that relied on oil-powered propulsion. It was the view of some members of the House of Commons that the cause of the price increase was a new special use found f or oil, and not some rings or trusts, which was also contributing to its shortage. From the notion of a new and special use being discussed in the House, one can easily link oil to politics. It was soon established that the â€Å"use† was in the form of other countries stocking up on fleets of oil tankers in case of war. From history, we learn that Britain had an abundance of coal at the beginning of the 20th century, but no oil reserves had been discovered within it by that time. It then becomes apparent that the decision to acquire private oil companies was informed by the technological advancements of the Anglo-German maritime prowess. Only oil, and not coal, could provide the edge crucially required in terms of resilience and speed to assist the British maintain the naval supremacy that the Germans were so relentlessly working towards. Here, it can be seen how oil had become a key strategic commodity in national policy. While the Anglo-Persian deal assured the firm a vari ety of secure markets and capital, it, more significantly, provided a steady oil supply to the British government and guaranteed its survival, albeit only for a foreseeable future. This is further confirmed by Churchill’s revelation that the acquisition’s objective was to keep the navy prepared. A critical examination of that objective brings to light the fact that the precedence of investing oil in national security over a flourishing market was legitimized just before WWI. This is even strengthened by the way advocates of national security within the British government supported the limiting of oil in the market. Moving toward WWII, it is apparent that it was an affair between industrial powers. Therefore, nations that had no oil were greatly disadvantaged. For