Intel is famous for its "paranoid" work culture. The company's business model emphasizes consistent product innovation. From the beginning, Intel has strived to shape a unique, result oriented work culture that attempted to minimize power distance. Intel's mission statement stresses that top management should not be reluctant to accept and learn from their mistakes.

In early 2004, Intel, the world's largest microprocessor company, was once again listed in the Best Places To Work For and Most Admired Companies list of Fortune. Intel is the undisputed leader in the microprocessor industry with about 90% market share. Since 1968 when it was founded, Intel had launched many path breaking products. Today, it has about 450 products and services ranging from the ubiquitous PC microprocessors like Pentium, the 64-bit high-end Itanium 2 to mobile computing chipsets such as Centrino. Intel ended 2002 with revenues of $26.7 bn.

Intel is famous for its "paranoid" work culture. The company's business model emphasized consistent product innovation. The top management believes that if the company did not make older products obsolete, competitors would. Many analysts believes Intel's success is as much about technology as management. They attributed the success of Intel to its unbroken leadership chain. When one great leader retired, another took over. Intel's leadership seemed to be the product of a distinctive corporate culture based on a strong set of values that still guided the company under the leadership of chairman Andrew Grove, CEO Craig Barrett and President Paul Otellini.