Moore’s law and interim management
Terence Boyle considers the impact that continually developing technology has on interim management.
In 1965, Gordon Moore of Intel noticed that the number of components in integrated circuits had roughly doubled annually for the previous few years. He predicted that this trend would continue for at least another decade. Moore’s observation was elevated to the status of “Moore’s law” within the first few years of its life because it became an industry goal.
Now, nearly 50 years later, the law still holds good because it is the key industry performance target. There is obviously some sort of molecular physical limit to miniaturisation, but Moore’s law has evolved into a budgetary phenomenon that will accommodate newer technologies as they emerge.