Latest news with #strategicreset
Reuters
3 days ago
- Business
- Reuters
Trump calls on 'highly conflicted' Intel CEO to resign over China ties
Aug 7 (Reuters) - U.S. President Donald Trump on Thursday demanded the immediate resignation of Intel's new CEO, Lip-Bu Tan, calling him "highly conflicted" due to his ties to Chinese firms and raising doubts about the future of the American chip icon. A change in leadership could pile pressure on the company as it pushes through a major strategic reset started by Tan that aims to slash costs by shrinking its workforce and halting construction on some of its planned manufacturing plants. Trump's comments came a day after Reuters reported U.S. Republican Senator Tom Cotton had sent a letter to Intel's board chair with questions about Tan's ties to Chinese firms and a recent criminal case involving his former firm Cadence Design (CDNS.O), opens new tab. Reuters reported in April that Tan - himself or through venture funds he has founded or operates - invested in hundreds of Chinese companies, some of which are linked to the Chinese military. "There is no other solution to this problem," Trump said in a post on his Truth Social platform, knocking shares of Intel (INTC.O), opens new tab down around 4% in U.S. premarket trading. Intel is a key pillar of U.S. efforts to boost domestic chipmaking and last year secured nearly $20 billion in grants and loans, the largest federal award under the 2022 CHIPS and Science Act, to subsidize leading-edge semiconductor production. Intel and Tan, who took over the CEO role in March after the ousting of his predecessor Pat Gelsinger late last year, did not immediately respond to Reuters requests for comment. An Intel spokesperson said in a statement on Wednesday that "Intel and Tan are deeply committed to the national security of the U.S. and the integrity of our role in the U.S. defense ecosystem." The company said it would address the matters in the letter with the Senator. The Intel CEO invested at least $200 million in hundreds of Chinese advanced manufacturing and chip firms between March 2012 and December 2024, Reuters reported in April. A source familiar with the matter had at the time told Reuters that Tan had divested from his positions in entities in China, without providing further details. Chinese databases reviewed by Reuters at the time had listed many of his investments as current, and Reuters was at the time unable to establish the extent of his divestitures. Once the dominant force in chip-making, Intel has in recent years lost its manufacturing edge to Taiwanese rival TSMC. It also has virtually no presence in the booming market for artificial intelligence chips dominated by Nvidia (NVDA.O), opens new tab. To revive Intel's fortunes, Tan has set a goal of slashing the chipmaker's workforce to 75,000 people by year-end, a reduction of around 22%. Intel also vowed to take a more disciplined approach to manufacturing investment.
Forbes
13-07-2025
- Business
- Forbes
5 Questions Smart Leaders Can Ask Themselves This Summer
Summer gives leaders a rare chance to reset before year-end pressures build. As we move deeper into the summer, leaders have a rare window of opportunity for rest—and for a strategic reset before the rush to year-end begins. With continued uncertainty all around us (economic volatility, employee churn, workplace tensions)—and the widening gap between human needs and business outcomes cited in Deloitte's '2025 Global Human Capital Trends'—the most effective leaders will galvanize their employees with intention and purpose. An effective reset hinges on asking yourself the right questions to unlock clarity and reveal the path forward. Block off at least three uninterrupted hours this summer to reflect on these perspective-shifting questions. This kind of deeper thinking pulls you out of the day-to-day execution so you can see the bigger picture. Use these questions to guide your way forward—whether you're in a season of momentum or managing through messiness. 1. What Am I Optimizing For Right Now? Start here to ground yourself. This question is especially helpful if your energy feels scattered or you're tasked with nebulous goals or shifting targets. Are you stuck in reaction mode—or making intentional choices about where to focus your efforts? For leaders in VUCA environments (volatile, uncertain, complex, ambiguous), this can illuminate unconscious tradeoffs you've been making under pressure—and help you recalibrate. 2. Where Am I Most Out Of Alignment? Misalignment erodes trust and waters down execution, especially under stress. Are you making short-term decisions that conflict with your long-term direction? Is prioritizing one area creating unintended blind spots in another? Alignment doesn't require perfection, but it does demand clarity, consistency and conviction. When actions and stated priorities diverge, at best, teams lose traction. At worst, key projects and decisions will misfire. Compounded over time, misalignment puts performance and results at risk. Use this question to reset your focus and bring your leadership approach back into alignment with what matters most. 3. What's My Team Not Telling Me—But Hoping I'll Notice? This question invites you to tune into the quieter signals around you—especially if you've been in firefighting mode or laser-focused on delivering results. In divided or exhausted workplaces, needs may go unspoken, but they will have consequences nonetheless. If your team seems disengaged, mistakes will be made, productivity will decrease and organizational outcomes will suffer. What is quietly being asked of you? And what is still possible under the circumstances? 4. What Have I Tolerated For Too Long? This question is as confronting as it is illuminating. When pressure is high, some issues inevitably will slide. Now is the time to get clear: Where are the breakdowns and points of friction within your team or company? What hard conversation, decision or realignment is overdue? Unchecked dysfunction quickly becomes a cultural norm in workplaces. A summer reset is your chance to course-correct before Q3 and Q4 bring new and added challenges. 5. Where Do I Want To Be, Come December? This final question gets to the heart of your leadership to ensure you are steering your team in the right direction. What would a successful close to this year look like? Where do you want yourself, your team and your company to stand by year-end? Only with that vision in mind can you reverse-engineer a plan to get you there. Questions For Leaders When The Stakes Are Higher If you're a leader who's holding more complexity—navigating shifting power dynamics, polarized teams or constant scrutiny—these three deeper questions may be even more valuable. Adaptability is a non-negotiable in 2025. Last year's approaches will not meet this year's realities. The leaders who prevail are the ones who fully embrace their role as the fulcrum between changing business realities, advancing tech and their people. Look for early signs of fragmentation across teams, functions, generations or belief systems. Small rifts can quickly become wide chasms. Your tone, structure and actions set the bar—whether you're in the room or not. In times of permacrisis, employees respond to steadiness over perfection, authenticity over performance. Are you showing up in a way that reassures, anchors and motivates your leadership team and employees to advance your company's mission successfully? A Summer Reset That Pays Off For Leaders This year is more unpredictable than most. Next year is likely to be even more uncertain. Investing even a few hours this summer to reflect could stave off months of chaos later. Whether you tackle one question or all, what matters most is intentionally carving out the space to think, assess and pivot when needed. Use this summer to sharpen your focus, strengthen your resolve and deepen your leadership in ways that reverberate well beyond year-end.
Yahoo
21-06-2025
- Business
- Yahoo
Trump, Munir exchange praises as Pakistan rises as regional stabilizer: IRS Analysis
ISLAMABAD, June 21, 2025 (GLOBE NEWSWIRE) -- In a closely watched meeting at the White House, Pakistan's Chief of Army Staff, Field Marshal Syed Asim Munir, met with U.S. President Donald J. Trump. Analysts at the Institute of Regional Studies (IRS) in Islamabad, have characterized this as a strategic reset for Pakistan. Held over a luncheon in the Cabinet Room and followed by an extended session in the Oval Office, the meeting included Secretary of State Senator Marco Rubio, U.S. Special Representative for Middle Eastern Affairs Steve Witkoff, and Pakistan's National Security Advisor. Initially planned for an hour, the talks stretched over two hours, underscoring the depth of engagement. According to ISPR's official press release, the exchange between Field Marshal Munir and President Trump reflected a new level of mutual recognition, with both leaders exchanging commendations for each other's leadership. Munir conveyed the gratitude of Pakistan's people and government for Trump's personal role in brokering a ceasefire between Pakistan and India during the recent regional crisis. Trump, in return, praised Pakistan's regional peacekeeping and counterterrorism efforts. IRS notes that the dialogue extended beyond security matters to encompass expansive discussions on trade, economic development, energy, cryptocurrency, artificial intelligence, and mineral exploration—an ambitious agenda suggesting long-term strategic alignment. President Trump voiced a strong interest in developing a mutually beneficial trade partnership with Pakistan rooted in shared goals and regional convergence. Both sides also discussed escalating tensions between Iran and Israel, agreeing on the urgency of diplomatic resolution. Trump was briefed on Pakistan's position as a responsible regional stakeholder advocating for de-escalation. The IRS views this engagement as emblematic of Pakistan's evolving global posture—from reactive crisis diplomacy to proactive strategic positioning. In its analysis, the think tank highlights how Pakistan is increasingly seen by Washington as a necessary stabilizing force amid a deteriorating Middle East environment. According to the think tank's analysis, Pakistan's shared borders with Iran and its strategic position in the Middle East have the potential to catapult Pakistan into the middle of a diplomatic solution. As a symbol of warming ties, Field Marshal Munir formally invited President Trump to undertake an official visit to Pakistan. The invitation was well received, with both sides agreeing to maintain momentum on key collaborative tracks. A photo accompanying this announcement is available at CONTACT: Contact Institute of Regional Studies (IRS), Islamabad Phone: +92-51-9203974 Email: Website:
