What strengths does Intel have? What crises has Intel experienced? What major changes occurred within Intel?

(PART 1) Hiring managers want to hire employees who know the importance of effective change management, understand the process of change management, and have the skills to implement change management. In this discussion, you will investigate how Intel has responded to internal and external changes, which will help you improve your understanding of change management and how to implement it effectively.

1. Explain Intel’s Situation

Read the following articles that explain Intel’s situation in detail:(FILE ATTACHED BELOW)

“Intel’s chips have two staggering flaws.,” Bloomberg BusinessWeek, January 22, 2018
“The Decline of a Great American Tech Company: How Intel Lost Its Way,” Bloomberg BusinessWeek, April 12, 2021
Based on the information in the two articles, answer these questions (be sure to EXPLAIN):

What strengths does Intel have? What crises has Intel experienced?
What major changes occurred within Intel? To answer this question, identify who the CEOs have been and explain how they operated and the impact they had on Intel.
What major changes occurred in the external environment? To answer this question, identify the industries that Intel supplies its chips to, its largest customers and competitors in each, and what drove changes in those industries over time.
2. Evaluate Intel’s Change Management Weaknesses

Where is Intel in Kotter’s 8-Step Change Management Model? Specifically state the step you believe Intel is at. Justify your view by summarizing the specific actions Intel’s new CEO, Pat Gelsinger, has implemented for each of the prior steps.