Remembering Andy Grove - Only the Paranoid Survive
Andy Grove was one of the greatest business leaders of all time. He left us on March 21st 2016 and remembering him as one of the great leaders who has impacted the world. Here is the summary below of his outstanding book "Only the Paranoid Survive." Andy Grove is credited with saying the phrase “Only the Paranoid Survive”. I happened to read his book of the same name. It was an interesting read. The main premise is that every company/industry will experience strategic inflection points at which they can be knocked off or use that to spur them on to further growth. Strategic inflection points are what happen to a business when a major change takes place that could shake up your company. It is when the balance of forces shifts from the old structure, from the old ways of doing business and the old ways of competing to the new. An example is what happened to Intel in mid-1980. At that time Intel’s main market was in memory chips but the Japanese stormed the market with mu...