The President and CEO of Intel, the world's largest chipmaker, reveals how to identify and exploit the key moments of change in any industry that generates either drastic failure or incredible success.
Every manager must assume that something will change - very soon..
Only the Paranoid Survive is a classic lesson in leadership skills that every manager in every industry will benefit from.
He recounts strategies from other companies and examines his own record of success and failure.
It took Grove three years and huge losses to recognize that he had to rethink and reposition the company to become, once again, leader in its field.
Grove extrapolates the lessons he has learned from this and other SIPs - for instance the drama of the Pentium flaw, and the SIP brought on by the Internet - to reveal a unique insight into the management of change.
Intel's first SIP was when the Japanese started producing better-quality, lower-cost memory chips.
They are not always easy to spot - but you can't hide from them.
They can be set off by almost anything - by mega competition, an arcane change in regulations, or by a seemingly modest change in technology.
Grove calls such moments strategic inflection points (SIPs), and he has lived through several.
There are moments in any business when massive change occurs, when all the rules of business shift fast, furiously and forever.
Grove attributes much of it to the philosophy and strategy he has learned the hard way as he steered Intel through a series of potential major disasters.
Few CEOs can claim this level of success.
Under Andrew Grove's leadership, Intel has become the world's largest computer chipmaker, the 5th most admired company in America, and the 7th most profitable company among the Fortune 500.
The President and CEO of Intel, the world's largest chipmaker, reveals how to identify and exploit the key moments of change in any industry that generates either drastic failure or incredible success
