Only the Paranoid Survive: How to Exploit the Crisis Points That Challenge Every Company
Crown, 2010 M05 5 - 240 pages
Andy Grove, founder and former CEO of Intel shares his strategy for success as he takes the reader deep inside the workings of a major company in Only the Paranoid Survive.
Under Andy Grove's leadership, Intel became the world's largest chip maker and one of the most admired companies in the world. In Only the Paranoid Survive, Grove reveals his strategy for measuring the nightmare moment every leader dreads--when massive change occurs and a company must, virtually overnight, adapt or fall by the wayside--in a new way.
Grove calls such a moment a Strategic Inflection Point, which can be set off by almost anything: mega-competition, a change in regulations, or a seemingly modest change in technology. When a Strategic Inflection Point hits, the ordinary rules of business go out the window. Yet, managed right, a Strategic Inflection Point can be an opportunity to win in the marketplace and emerge stronger than ever.
Grove underscores his message by examining his own record of success and failure, including how he navigated the events of the Pentium flaw, which threatened Intel's reputation in 1994, and how he has dealt with the explosions in growth of the Internet. The work of a lifetime, Only the Paranoid Survive is a classic of managerial and leadership skills.
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Chairman of the Board of Intel Corporation Read full review
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LibraryThing ReviewUser Review - watson_1 - LibraryThing
This was an interesting book telling of the rise of Intel and how Intel was able to survive in a very fast-moving industry. The book was written in 1996. Many business books can quickly date ... Read full review
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Only the Paranoid Survive: How to Exploit the Crisis Points that Challenge ...
No preview available - 2022
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actions adapt affect AT&T became become better billion bring build career chip clear comes communications competition competitors computer industry connected consumer corporate cost course created customers deal debates decision described designed direction early employees environment example experience face fact force future getting give growing happen hard head important industry Intel Internet involved Japanese learned less look losing major manufacturers mean memory microprocessor middle move once operating opportunity organization past personal computer position questions replaced represents result rules senior management share shift started strategic inflection point success supplier things tion took transformation trying turn users
Page 5 - I'm advocating is, Let chaos reign, then rein in chaos. Does that mean that you shouldn't plan? Not at all. You need to plan the way a fire department plans. It cannot anticipate fires, so it has to shape a flexible organization that is capable of responding to unpredictable events.
Page 3 - ... OUR CURRENT MILITARY DOMINANCE INTO THE FUTURE. MARINES THINK THIS TYPE OF MINDSET IS FUNDAMENTALLY WRONG. WE INSTEAD SUBSCRIBE TO THE VIEW THAT WE FACE WHAT ANDREW S. GROVE. PRESIDENT AND CEO OF INTEL CORPORATION. REFERS TO AS A STRATEGIC •INFLECTION POINT." IN HIS WORDS. A STRATEGIC INFLECTION POINT IS A TIME IN THE LIFE OF A BUSINESS WHEN ITS FUNDAMENTALS ARE ABOUT TO CHANGE. THEY ARE FULL-SCALE CHANGES IN THE WAY BUSINESS IS CONDUCTED. SO THAT SIMPLY ADOPTING NEW TECHNOLOGY OR FIGHTING...
Page 3 - A strategic inflection point is a time in the life of a business when its fundamentals are about to change. That change can mean an opportunity to rise to new heights, but it may just as likely signal the beginning of the end.
References to this book
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Why Good Companies Go Bad and how Great Managers Remake Them
Donald Norman Sull
No preview available - 2005