Strategic CIO // Executive Insights & Innovation
06:19 PM
Chris Murphy
Chris Murphy
Connect Directly
Repost This

Intel Unambiguous: U.S. IT Leadership Matters

What's notable about Intel CEO Paul Otellini's speech Tuesday is how he treats the U.S.'s overall competitiveness as vital to the company's future.

What's notable about Intel CEO Paul Otellini's speech Tuesday is how he treats the U.S.'s overall competitiveness as vital to the company's future.Here's a PDF of Otellini's speech Tuesday at the Brookings Institute.

The programs Otellini outlines are impressive (a commitment, with others, to hire more college grads and back U.S. startups.) But just as important is that Otellini makes a clear, fact-driven, and passionate appeal for U.S. companies and the government to do much more to improve U.S. competitiveness. The fact that Otellini considers this a top strategic priority for Intel is critical in itself.

Here are some excerpts from Otellini's remarks:

As I travel around the world, what I hear and see from business and government leaders, students and employees is very instructive. Other countries have focused on investing in innovation, creating national policies to build digital infrastructure, and have moved quickly to embrace sustainable energy. We are seeing this not just in India and China, but in Finland, Korea, Japan, the Netherlands, and many other places. All this activity on their part is making them far more potent competitors in the next phase of the global economy.

On national policies, he argues for more generous R&D tax credits, easier visas for well-educated immigration, lower taxes, and more certainty around healthcare and energy costs. Then he adds:

On all these issues there may be legitimate policy differences. But as a nation we must have a clear, enduring strategy to promote innovation, investment, and startup companies … a set of policies that let American business confidently invest in the future, raise capital, take risks, and feel assured that we are training the talent to lead the next generation of industries. That, after all, is what the rest of the world is doing.

On education, Otellini says:

This is an area the U.S. must succeed. Growth in math-intensive science and engineering jobs outpace overall job growth by three to one. Think about this: according to one source, America's GDP would grow by more than a third if U.S. students became globally competitive in math and science. Any real strategy for future competitiveness has to address this issue. President Obama has made this issue a top focus of his administration. We see it as the responsibility of not just government, but of every business that depends on highly skilled employees.

In a global market, where the biggest boom markets lie abroad, where Intel gets 75% of its revenue from outside the U.S., it's easy for executives to be wishy-wash on the importance of this issue: You know, "On the one hand U.S. competitiveness is certainly important, but we take a global view … " What the U.S. needs is more business leaders who look at the issue the way Otellini is--to candidly size up the competition the U.S. faces, and make it a business priority to help the U.S. do what it takes to stay ahead.

Related articles: Global CIO: Glimmers Of Growth In Outlook 2010 Research Global CIO: General Motors CIO On 4 Essential IT Skills Down To Business: What Could Doom The IT Recovery?

Comment  | 
Print  | 
More Insights
InformationWeek Elite 100
InformationWeek Elite 100
Our data shows these innovators using digital technology in two key areas: providing better products and cutting costs. Almost half of them expect to introduce a new IT-led product this year, and 46% are using technology to make business processes more efficient.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Elite 100 - 2014
Our InformationWeek Elite 100 issue -- our 26th ranking of technology innovators -- shines a spotlight on businesses that are succeeding because of their digital strategies. We take a close at look at the top five companies in this year's ranking and the eight winners of our Business Innovation awards, and offer 20 great ideas that you can use in your company. We also provide a ranked list of our Elite 100 innovators.
Twitter Feed
Audio Interviews
Archived Audio Interviews
GE is a leader in combining connected devices and advanced analytics in pursuit of practical goals like less downtime, lower operating costs, and higher throughput. At GIO Power & Water, CIO Jim Fowler is part of the team exploring how to apply these techniques to some of the world's essential infrastructure, from power plants to water treatment systems. Join us, and bring your questions, as we talk about what's ahead.