Under Andy Grove's leadership, "Intel" has become the world's largest computer chip maker, the fifth most admired company in America and the seventh most profitable company among the Fortune 500. There are moments in any business when massive change occurs, when the rules of business shift fast. Grove calls such moments strategic inflection points (SIPS). They can be set off by almost anything from mega-competition to a seemingly modest change in technology. Intel's first SIP was when the Japanese started producing better-quality, lower-cost memory chips. It took Grove three years and huge losses to recognize that he had to rethink and reposition the company if it was to become, once again, a leader in its field. Grove extrapolates the lessons he has learned from this and other SIPs to reveal an insight into the management of change. He recounts strategies from other companies and examines his own record of success and failure.
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Only the Paranoid Survive is about recognizing, overcoming and even profiting from the inevitable groundshifts in commercial life that, by changing the fundamentals of the business environment, shake established enterprises to the core and raise newcomers to power and wealth. Grove takes this simple--if unarguably true--idea and brings it alive with a wealth of examples, shrewd understanding of corporate dynamics, and unblinking realism about why businesses succeed or fail. Many of his war stories are based on Intel's own missteps, including the famous Pentium floating-point fiasco. He also spends a lot of time talking sense about corporate cultures, how they react under extreme stress, and the factors that enable one to survive while dooming another to die. Only the Paranoid Survive is a mirror in which everyone in the computer industry should view the company they work for, and the course of their own career.
‘This book is about one super important concept. You must learn about strategic inflection points because sooner or later you are going to live through one’
Steve Jobs, former chairman of Apple
‘A terrific book’
Peter Drucker
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